Waltham Watch Company Stock Certificate
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Waltham Watch Company Stock Certificate:
Waltham Watch Company
This is an authentic stock certificate from Waltham Watch Company, famous maker of pocket watches. 100 shares., issued and cancelled. Dated in the 1950's.
In 1850, Roxbury Massachusetts, David Davis, Edward Howard and Aaron Lufkin Dennison formed together the company that would later become the American Waltham Watch Company. The then revolutionary business plan was to manufacture the movement parts so precisely that they would become fully interchangeable. Based upon the experience of earlier failed trials, Howard would eventually perfect and patent his precision watch making machines.
In 1851, the company took the name "American Horology Company" and production started in the new factory building. Late 1852, the first watches were complete. The first 17 watches, marked "The Warren Mfg Co" were distributed among company officials. Number 18 to 100 were named "Warren Boston" and the following 800 "Samuel Curtis". A few, marked "Fellows & Schell", sold $ 40.00.
The company was renamed "Boston Watch Company" in September 1853. A new factory was built in Waltham, Mass., on the banks of the Charles River, which grew over the years to its present size. In October 1854 the company moved definitely to Waltham, Massachusetts. The next movements manufactured (1001-5000) were marked "Dennison, Howard, & Davis", "P.S.Bartlett", and "C.T. Parker". Upon bankruptcy, the company was sold at sale to Royal E. Robbins, who reorganized it under the new name "Appleton Tracy & Co" in May 1857. Bearing this name, the next movements produced, 1857 models, were numbered 5001 to 14'000. Also the "C.T. Parker" was introduced as 1857 model: 399 units were made. Also 598 chronometers were manufactured. January 1853 saw the introduction of the P.S. Bartlett watch.
The "Waltham Improvement Co." merged in January 1859 with the "Appleton, Tracy & Co." forming the "American Waltham Watch Company". In 1860, as President Lincoln was elected, the country was in Civil War. Production ground to a halt. However, the company decided to downsize to the lowest possible level to keep the factory open. It worked!
Waltham became the main supplier of Railroad chronometers to the various railroads in America and in as many as 52 other countries of the world. In 1876, Waltham disclosed the first automatic screw making machinery and obtained the first Gold Medal in a watch precision contest at the Philadelphia Centennial Exposition. Not only the American Horology but also the World's owe much to the early members of the Waltham Watch entity, such as Bacon, Church, Dennison, Fogg, H. Marsh, Webster and Woerd for their technical inventions and developments.
The American Waltham Watch Company has produced about 40 million high quality watches, clocks, speedometers, compasses, time fuses and other precision instruments in about 100 years in U.S.A. Each movement has individually been numbered. You can consult the serial number search engine at . The Company went out of business in 1957, upon having founded a subsidiary in Switzerland in 1954, Waltham International SA, to further Waltham as a Swiss Made Watch Brand.
Wonderful and uncommon stock. This is a real find! Really an outstanding collectible stock!
Buyer to prepay for item and $4.50 shipping via USPS Priority Mail.
Money orders and personal checks accepted.
VISA and MC accepted via fax, phone, and mail. PayPalis honored for all sales!!!I am a verified seller!
This is a sample photo only. The certificate for sale has the same color, condition, and vignette. Differences will be in date, marks, original owner name, serial number, and corporate officers unless otherwise noted. The quality shipped will be the same or better than pictured. Refund given if buyer is not satisfied. Note that we cannot search for a specific date or name due to our large inventory. Modern certificate pictures often have owner names obscured for privacy.Modern certificates may still be trading in the stock market but no ownership is transferred in this sale - the certificate is sold as a collectible novelty only. It is likely that the scanned certificate has already been sold but you may ask us to check before offerding.
Shipping costs are less than actual cost to us, the seller. We ship by USPS Priority Mail for fast delivery times. We use a custom-sized photo mailer with a custom, non-acid slip sleeve for protected shipping. We allow for combined shipping to save the buyer money for multiple sale wins. Please wait until all sales are complete before sending payment. I will not know if you are continuing to offer so I ship when paid. (If you pay early I will ship and cannot combine shipping on later sales.) Please include item numbers with payment for quick, positive response and accurate shipping. Please send only one payment to avoid confusion.
Shipping to Canada or Europe is the same as US shipping. International buyers purchase at their own risk - no insurance, tracking, or returns are possible. Seller is not responsible for items lost in international shipment.
Shipping is not negotiable. Do not ask to ship by other methods. We do not deliver; we do not allow for pick-up; we do not ship overnight. We only ship Priority Mail in the US due to better handling and delivery times. Again, our shipping fees are less than our actual costs (We can forward you the breakdown of costs in a templated response e-mail.) Read the sale for the shipping fees before offerding.
Satisfaction is guaranteed for any reason within 30 days. Authenticity is guaranteed for life. Refunds will be sent upon return of any unsatisfactory sale item. If you do not return the item, I assume that you decided to keep it. Please contact us directly for questions not explained here.
All certificates are only sold as collectibles. No investment value is implied, transferred, or considered. No transfer of securities is performed. Certificates are cancelled or obsolete. (Now really, would I sell a $10,000 investment instrument for $10?) We follow all rules on selling stock and bond certificates. We also comply with SEC regulations governing certificate sales and licensing requirements (we are not authorized to sell investments or securities under these rules.)
Do not ask us to sell this at a reduced cost -- use the offerding process. The minimum price is stated in the sale; the shipping fee is also in the sale. We believe that we offer very reasonable prices based on both cost and demand. Please read the shipping costs before offerding.
Are these real? - YES! We only sell authentic stocks and bonds that have been used in actual commerce or from company archives. They have been cancelled and no longer have investment value but are still the real deal. We do not sell copies. Active companies (still trading) are also only sold as collectibles. These have more recent dates due to the methods by which they were obtained.
Where's the value in these? - Since these pieces no longer have investment value, aren't they worthless? Literally, they are only worth the paper that they are printed on. The same can be said for baseball cards and stamps but it is really the collectible value that makes these worthless securities desirable.These are sold as collectibles or novelties only.