Beautifully engraved RARE specimen stock certificate from the Pilot Radio-Television Corporation
printed in 1967. This historic document has an ornate border around it with a vignette of a man behind a ship's helm with the company's name. This item has the printed signatures of the Company’s President, and Secretary, and is over 46 years old.
Pilot Radio-Television Corporation was incorporated in 1948 and made televisions and radios.
In 1965 Emerson Radio Corporation acquired the Pilot Radio Corp. from Jerrold Corp. Later in 1965 Emerson Radio and Phonograph was purchased for approximately $62 million in cash and stock by National Union Electric Corp., a diversified manufacturer. This company continued to produce radios, television sets and phonographs distributed under the Emerson and DuMont names and hi-fi equipment under the Pilot name.
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.