Beautiful engraved specimen certificate from the Powertrader, Inc
. This historic document was printed by United States Bank Note Company and has an
ornate border around it with a vignette of the company name. This item has the printed signatures of the Company's President, Michael C. Withrow and Secretary.
The company's description was reported in 1997 as follows:
The Company designs, develops, markets and supports informational and analytical desktop decision support and risk management systems for both securities professionals (including securities brokerage firms, investment advisors and trust companies) and individual investors. The Company's products enable its customers to capture an incoming stream of market data, store such data for future reference, display selected data in tabular and graphic form and analyze the data to discover trading opportunities. The Company's systems have been licensed to more than 200 users. Marketed directly, as well as through distribution partners such as and Hongkong Bank Discount Trading Corp., in the United States, Canada, Europe and the Asian/Pacific region, the company's products are believed to offer a unique combination of analytical capabilities and trading information.
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.