One-of-a-Kind BERKSHIRE HATHAWAY Working Proof
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Product Details
Company
Berkshire Hathaway Inc.
Certificate Type
Working Proof for one the company's Convertible Subordinated Notes
Time Period
1980's
Printer
American Bank Note Company
Format & Approximate Size
This proof is adhered to a thick 12" x 8 1/2" piece of cardboard. The proof is protected by a "flip up" clear protective and editing layers and is adhered to the folder itself. There is also a xerox copy of the proof included that contains original editing notes.
Images
You will receive the exact proof pictured as it is the only one of it's kind. The first picture shows the proof with the edit layer lying atop the piece. The second picture shows just the proof with the plastic layer lifted out of view. The third picture shows the back of the cardboard with various notations and approvals. The fouth images shows the separate xerox copy of the proof with original notations.
Guaranteed Authentic
Yes
Additional Details
Fascinating piece of financial history from this iconic company! Paper stocks and bonds from this company are almost impossible to come by!
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger (from 1978 to 2023). Greg Abel now oversees most of the company's investments and has been named as Buffett's successor. Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in the company.
The company is often compared to an investment fund; between 1965, when Buffett gained control of the company, and 2023, the company's shareholder returns amounted to a compound annual growth rate (CAGR) of 19.8% compared to a 10.2% CAGR for the S&P 500. However, in the 10 years ending in 2023, Berkshire Hathaway produced a CAGR of 11.8% for shareholders, compared to a 12.0% CAGR for the S&P 500. From 1965 to 2023, the stock price had negative performance in only eleven years. In August 2024, Berkshire Hathaway became the eighth U.S. public company and the first non-technology company to be valued at over $1 trillion on the list of public corporations by market capitalization.
Berkshire Hathaway is ranked 5th on the Fortune 500 rankings of the largest United States corporations by total revenue and 9th on the Fortune Global 500. Berkshire is one of the ten largest components of the S&P 500 and is on the list of largest employers in the United States. Its class A shares have the highest per-share price of any public company in the world, reaching $700,000 in August 2024, because the board of directors has historically been opposed to stock splits.
Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.