F. & M. Schaefer Corporation
F. & M. Schaefer Corporation
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Product Details
CompanyF. & M. Schaefer Corporation
Certificate Type
Common Stock
Date Issued
June 1, 1971 (brown)
November 6, 1970 (green)
Canceled
Yes
Printer
Security-Columbian Bank Note Company
Signatures
Machine printed
Approximate Size
12" (w) by 8" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
Schaefer was founded in Manhattan, New Yok City in 1842 by brothers Frederick Schaefer (1817-1897)and Maximilian Karl Emil Schaefer (1819–1904), natives of Wetzlar, Prussia, Germany.
Frederick had emigrated to the U.S. in 1838, followed by Maximilian in 1839. After working for the Sebastion Somers Brewing Company, the brothers managed to buy the fledgling brewery. When the brothers came to the United States, they brought with them there own recipe for lager beer, reputedly brewing one of the first light, crisp, cold brewed and cold aged beers in America in 1848.
In time the operation proved highly successful, rising into the number six slot among American brewers by 1871.
Max's son Rudolph Jay Schaefer took over as president until his death in 1923.
The firm had a large brewery complex on Park Avenue in New York City and caves for lagering its beer along the East River. In the early 20th century it sold the valuable plant real estate and opened a new brewery in Brooklyn.
By the 1950s and again in the 1970s Schaefer was the number five beer in America.
As it grew it purchased several regional breweries, in cities like Albany, New York, Cleveland, Ohio, and Baltimore, Maryland. A $106 million public stock offering was held in 1968, with the F.& M. Schaefer Corporation emerging as a holding company for its production subsidiary, the Schaefer Brewing Company. Pursuing greater efficiency, it built a large, high-output plant in Allentown, Pennsylvania in the Lehigh Valley, which opened in 1972 and resulted in closure of the company's remaining satellite breweries. In 1974 it was expanded from its original 1,100,000 barrels-per-year capacity to 2,500,000 and then, in 1975, it expanded again to 5,000,000 barrels plus.
In 1981 Schaefer was acquired by Stroh Brewing Company which, in turn, was acquired by Pabst Brewing Company in 1999.
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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.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
How will you ship my order and how much do you charge?
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping
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We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
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Returns
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You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.