Name: Sears, Roebuck and Co.
Brand: Ghosts of Wall Street
SKU: 7518
Price: 65.0 USD
Availability: OutOfStock

Sears, Roebuck and Co. Stock Certificate

In stock
Inventory on the way

Product Details

Intricately engraved antique stock certificate from Sears, Roebuck and Co. dating back to the 1970's. This document, which carries the printed signatures of the company Chairman of the Board and Treasurer, was printed by the American Bank Note Company, and measures approximately 12" (w) by 8" (h).

The vignettes on this piece show an old Sears store, Richard W. Sears and Alvah C. Roebuck.

Images

You will receive the exact certificate pictured.

Historical Context

In 1886, a Chicago jewelry company shipped an order of gold filled watches to a Minneapolis jewelry store. When the jewelry store refused delivery a station agent by the name of Richard Sears decided to purchase the shipment and try to sell them to other station agents. This proved to be successful for Richard Sears, and in 1886, Richard Sears began a company known as R.W. Sears Watch Company in Minneapolis. A year later in 1887, Sears moved his new found business to Chicago, and placed an advertisement in the newspaper for a watchmaker. The ad received a response from an Indian man by the name of Alvah C. Roebuck.

Sears hired Roebuck and in 1893 the corporate name of the firm became Sears, Roebuck and Company. Business turned out to be very profitable for the company and towards the turn of the century the mail order industry for Sears, Roebuck and Co. began to take-off. As of 1895, Sears had introduced a mail order catalog that consisted of 532 pages offering shoes, women's garments, wagons, fishing tackle, stoves, furniture, saddles, bicycles, etc. that helped customers in rural areas receive merchandise that they might not be able to receive at local stores.

In 1901, needing more financial support, Sears for the first time offered common and preferred stock in the open market and became publicly owned. In 1906, Sears expanded and opened an office in the Dallas, Texas region, expansion was beginning. In 1925 the opening of retail stores began, and by the end of 1927 Sears had twenty- seven stores in operation, and only one short year later in 1928 one hundred ninety two stores were in operation. Once again, the expansion at least doubled itself and Sears in 1929 was operating three hundred nineteen stores and by 1933 four hundred were placed around the country. This expansion was massive and remarkable given that only six short years before twenty seven stores were in operation.

In 1931, Sears noted the need for car insurance in an environment that was becoming engorged with this convenient form of transportation. Hence, the beginning of Allstate Insurance Company which became a fully owned Sears subsidiary.

In the middle part of the century, Sears went through many changes and expansions making it one of the leading, if not top, retail contenders. One aspect that Sears developed and perfected was the idea of developing the store around the merchandise. What this means is that a selling floor plan would be developed, where merchandise was to be placed within the store, and then the design of the outer building would be developed.

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 Information

If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!

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.

OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.

Returns

Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.

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.