Security Traders of NY -JOKE raffle bond/stock certificate – Columbian Bank Note

Description

Up for auction is a highly unusual certificate from 1956, for a sort-of raffle by the Security Traders Association of New York, Inc. It looks like a bond or stock but instead of interest coupons, the winners receive a U.S. Savings bond, a car, or shares in a real company. Terms are on the back of the certificate. Prizes will be awarded if at least 7,500 certificates are sold.
“Collateral Thrust – Sinking Fun – Beaucoup Interest – First mortgage strangle-hold…certificate of reasonable doubt…” Any resemblance herein, to any real bond, dead or alive, is purely coincidental.”
Printed by the Columbian Bank Note Company on security paper. Condition is excellent, clean, with several light vertical folds and a miniscule amount of handling. Crisp.
One would not expect an esteemed and serious business organization like the Securities Traders Association to create such a certificate!
Makes a great gift or wall decoration. This is the last one I have.
Terms of Sale
Item will be sent by US Post Office unless otherwise requested.
Payment due within 3 business days after close of auction or we may offer to underbidder.
If buyer is in a country where I cannot verify delivery, shipment is at buyer's risk. I will provide proof of mailing.
Returns accepted if not as described and pictured. Please request return authorization within 24 hours of receipt and ship back with 3 business days.
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Thanks for your interest and good luck bidding!