Beautiful specimen certificate from the Arizona Water Company
printed in 1899. This historic document was printed by the American Banknote Company and has an
ornate border around it with a vignette of an allegorical woman and 3 cherubs at waters edge.
Arizona Water Company was incorporated in 1898 in Maine. $1,000 General Mortgage Five Percent Income gold Bond. Bond number 440 issued to Orient Insurance. Black print with green border on white paper.
The Arizona Water Company managed the Salt River Valley,
Grand and Maricopa Canals, and the Arizona Improvement Company.
About Specimen Certificates
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 were 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 has grown in popularity over the past several years.