Hospital Corporation of America Stock Certificate
Hospital Corporation of America Stock Certificate
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Are the certificates authentic?
Are the certificates authentic?
Yes, all of the certificates we sell are authentic stock and bond certificates unless otherwise mentioned in the description. At one point in time, this certificate represented a share of of the company, or a bond receipt. These certificates have been removed from circulation and digitalized, as seen by cancellation holes, stamps and writing on the certificate. We offer these certificates as a collectable item, not a security.
This green stock certificate from Hospital Corporation of America (HCA), issued in 1970 with cancellation holes, stamps, and handwriting, reflects the company's historical and financial authenticity.
HCA Healthcare, an American for-profit operator of healthcare facilities, was founded in 1968 in Nashville, Tennessee, by Thomas F. Frist Sr., Thomas F. Frist Jr., and Jack C. Massey. As of May 2020, HCA Healthcare owns and operates 186 hospitals and approximately 2,000 care sites, including surgery centers, freestanding emergency rooms, urgent care centers, and physician clinics across 21 states and the United Kingdom. Ranked #62 on the Fortune 500 list in 2021, HCA Healthcare is a significant player in the healthcare industry.
The company began with Nashville's Park View Hospital, which Thomas F. Frist Sr. had founded in 1960. HCA went public on the New York Stock Exchange (NYSE) in 1969, initially including 11 hospitals, and expanded to 26 hospitals with 3,000 beds by the end of that year. However, in the 1990s, HCA faced legal challenges, resulting in over $2 billion in federal fines and penalties for illegal accounting practices, leading to the dismissal of CEO Rick Scott.
Materials and care
Materials and care
Here are some quick tips to preserve your certificate for decades to come.
Paper quality: Stock certificates were printed on a variety of certificate paper dating back to the mid 1800s. Most of these vintage collectable certificates have signs of used & wear , cancellation holes, pencil / pen writing, stamps, staples, adhesives, slight rips, missing coupons and other features.
Handling: Always handle the certificate with clean, dry hands or use cotton gloves to avoid transferring oils and dirt from your skin onto the paper.
Storage: Store the certificate in a cool, dry place away from direct sunlight, which can cause fading. Use acid-free folders or archival-quality plastic sleeves to protect it from moisture, dust, and physical damage.
Framing: If displaying the certificate, use a frame with UV-protective glass to prevent light damage. Ensure the certificate is mounted using acid-free materials to avoid any chemical reactions that could degrade the paper over time.
Avoid Exposure: Keep the certificate away from direct sun, extreme temperatures and humidity, which can cause the paper to warp or deteriorate. Avoid exposing it to pollutants, such as smoke or chemicals, which can cause discoloration.
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