Beautiful engraved RARE specimen certificate from the Chesapeake and Ohio Grain Elevator Company
. This historic document was printed by Franklin Bank Note Company and has an
ornate border around it with a vignette of a ship next to the company plant. This item is over 119 years old. 100 coupons attached on top.
Collis Potter Huntington (1821-1900), a successful merchant and railroad investor, had acquired the Chesapeake & Ohio Railway Company in 1869, became its President and extended its line under charters from Huntington, West Virginia to Memphis, Tennessee. He founded the town of Newport News, Virginia as its deep-water terminus. The Chesapeake and Ohio Grain Elevator Company, incorporated in New Jersey in 1882, built a grain elevator and warehouse in Newport News. The grain elevator was destroyed by fire in 1915.
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.