Steinmetz Electric Motor Car Corporation Stock Certificate from 1921 early Electric Car
Steinmetz Electric Motor Car Corporation Stock Certificate from 1921 early Electric Car
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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 listing includes your choice of green or blue color variants of an original stock certificate from Steinmetz Electric Motor Car Corporation, dated 1921. Available in green and blue. Printed by the Security Bank Note Company of Philadelphia.
The certificate shows horizontal and vertical fold lines and minor toning, with punch cancellation holes present. Overall the impression is clean with bright ink. Offered as a collectible.
Charles Proteus Steinmetz was, quite simply, the most famous scientist in America before Einstein arrived. The "Wizard of Schenectady", a four-foot-tall immigrant who fled Germany one step ahead of the police for his socialist politics, became General Electric's crown jewel, holding over 200 patents and doing more than any living person to make alternating current commercially practical. His mathematics of hysteresis loss and his symbolic notation for AC circuits transformed electrical engineering from trial-and-error tinkering into rigorous science.
Newspapers called him the "modern Jove" for creating artificial lightning in his lab; Edison visited him, Einstein posed for photographs with him, and Henry Ford reportedly paid him $10,000 for a service itemized as "making chalk mark on generator: $1. Knowing where to make mark: $9,999."
In 1920, promoters incorporated the Steinmetz Electric Motor Car Corporation in Baltimore, trading on that singular reputation to sell investors on the electric automobile, at precisely the moment the window was slamming shut. Ford's Model T, with its plummeting price and a gasoline station on every corner, was strangling the electric vehicle's commercial prospects throughout the early 1920s. The company produced a handful of electric trucks and announced an electric passenger car, but Steinmetz's death in October 1923 removed its greatest asset, and the venture collapsed soon after.
Certificates tied directly to Charles Proteus Steinmetz's name draw collectors from both the automotive history and the electrical engineering history communities, giving this piece cross-category appeal that most early 1920s preferred stock certificates cannot claim.
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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