Beautifully engraved specimen certificate from Ajay Enterprises Corporation
printed in 1969. This historic document was printed by American Bank Note Company and has an
ornate border around it with a vignette of the company logo. This item has the printed signatures of the Company's President and Secretary and is over 37 years old.
Ajay Enterprises Corporation was a manufacturer of fitness equipment and sports accessories, with a sports division in Delavan, Wisconsin, and plants in Mexicali, Mexico; Sun Valley, California; Tyler, Texas; and Reading, Pennsylvania.
Ajay Enterprises Corporation was acquired by Roadmaster Industries, Inc. in August 1988. This purchase doubled the size of the company and helped to boost 1988 sales to $109 million, nearly triple that of the previous year, largely as a result of the addition of Ajay's line of treadmills, exercise benches, and free weights.
Specimen Certificates are actual certificates that have never been issued. They were usually kept by the printers in their permanent archives as their only example of a particular certificate. Sometimes you will see a hand stamp on the certificate that says "Do not remove from file".
Specimens were also used to show prospective clients different types of certificate designs that were available. Specimen certificates are usually much scarcer than issued certificates. In fact, many times they are the only way to get a certificate for a particular company because the issued certificates were redeemed and destroyed. In a few instances, Specimen certificates we made for a company but were never used because a different design was chosen by the company.
These certificates are normally stamped "Specimen" or they have small holes spelling the word specimen. Most of the time they don't have a serial number, or they have a serial number of 00000. This is an exciting sector of the hobby that grown in popularity over the past several years.