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Carte Blanche Corporation

$35.00

SKU: 7462
Product Details

 

Nicely engraved antique stock certificate from the Carte Blanche Corporation dating back to the 1970's. This document, which contains the printed signatures of a company President and Secretary, was printed by the American Bank Note Company, and measures approximately 12" (w) by 8" (h).

 

This certificate's vignette features a female figure holding a globe with a city in the background.

Images

You will receive the exact certificate pictured.

    Historical Context

    Carte Blanche began in 1958 when the Hilton Hotels travel & entertainment card was renamed. Hilton sold Carte Blanche to First National City Bank in 1966. Regulatory challenges forced First National City Bank to sell Carte Blanche to Avco in 1968. In 1978, Citicorp (parent company of First National City Bank which was renamed Citibank) reacquired Carte Blanche without regulatory opposition.

     

    The 1960s- and 1970s-era Carte Blanche cards were considered more prestigious worldwide than their competition, the American Express and Diners Club cards, though its small cardmember base hindered its success. Carte Blanche was the first to implement a "Gold Card" program, as a means to recognize cardholders who were frequent users and paid their bills on time. In 1981, Citicorp acquired the Diners Club card, and by the mid-1990s the Carte Blanche card was being phased out in favor of Diners Club.