Beautifully engraved RARE specimen stock certificate from the Tony Lama Company, Inc.
printed in 1972. This historic document was printed by the Federated Banknote Company and has an
ornate border around it with a vignette of the company's cowboy boot logo. This item has the printed signatures of the Company’s President, Joseph Lama and Secretary.
Tony Lama Boots is a western boot brand and a division of Justin Brands, Inc., a Berkshire Hathaway corporation.
Born to Italian immigrant parents in 1887, Tony Lama first learned the leather and boot trade at the age of 11 when he apprenticed a shoemaker in Syracuse, N.Y.. In the early 20th century, Lama joined the U.S. Cavalry as a cobbler for the soldiers stationed at Fort Bliss, Texas. After completing his service in 1911, he stayed in the border town of El Paso, Texas. While there, Lama met and married Esther Hernandez, a pianist and music teacher. Soon after, he opened a small shoe and boot repair shop. Repairs were initially the biggest part of his business, but the boots he made soon became popular. In the first year, together with his one employee at the time, Lama sold 20 pairs of handcrafted boots.
By the 1930s, western wear stores began asking for Tony Lama’s boots. In response, he developed methods to produce greater quantities. Over the next two decades, Lama’s six children became actively involved in the business. In 1946, his son, Joseph “Bert” Lama, presented a custom pair of boots to President Harry Truman. The boots, named “El Presidente,” were inlaid with gold and silver. In the 1950s, the company began marketing its boots nationally.
In 1961, nearly 50 years after the first store opened, the company moved into larger quarters and began making 750 pairs of boots a day. By the late 1960s, the company moved to a new factory on El Paso’s east side. In 1990, Tony Lama Boots was sold to Justin Industries.
History from Encyberpedia and
stock certificate research service)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.