Beautifully engraved specimen certificate from Celotex Corporation
dated 1945. This historic document was printed by Columbian Bank Note Company and has an
ornate border around it with a vignette of men working on a house with a man and an allegorical woman sitting in chairs on the side. This item is over 61 years old.
Celotex, a Delaware corporation, was a manufacturer and distributor of roofing and building products for residential and commercial use. Carey Canada, a wholly owned subsidiary of Celotex, was formerly engaged in the mining, milling and processing of asbestos fiber.
Some of the products that Celotex Corporation and its predecessors manufactured and sold contained a small percentage of asbestos fibers. As a result, a substantial number of asbestos-related claims were asserted against Celotex Corp. and Carey Canada Inc. On October 12, 1990, Celotex and Carey Canada filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
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.