![]() ![]() This is an exciting sector of the hobby that has grown in popularity over the past several years.Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. Most of the time they don't have a serial number, or they have a serial number of 00000. These certificates are normally stamped "Specimen" or they have small holes spelling the word specimen. In a few instances, Specimen certificates were made for a company but were never used because a different design was chosen by the company. In fact, many times they are the only way to get a certificate for a particular company because the issued certificates were redeemed and destroyed. Specimen certificates are usually much scarcer than issued certificates. Specimens were also used to show prospective clients different types of certificate designs that were available. Sometimes you will see a hand stamp on the certificate that says "Do not remove from file". They were usually kept by the printers in their permanent archives as their only example of a particular certificate. History from Wikipedia and (old stock certificate research service).Ībout Specimen Certificates Specimen Certificates are actual certificates that have never been issued. The combined entity generates about $14 billion in net revenue, has 18,500 financial advisers, 1,000 locations worldwide and service about 6.8 million households. The new venture, called Morgan Stanley Smith Barney, was supposed to launch during the third quarter. announced they closed early on the launch of their joint venture that combines Morgan Stanley's wealth management unit with Citi's Smith Barney brokerage division. The joint venture operates under the name Morgan Stanley Smith Barney. On January 13, 2009, Morgan Stanley and Citigroup announced the merger of Smith Barney with Morgan Stanley's Global Wealth Management Group, with Morgan Stanley paying US$2.7 billion cash upfront to Citigroup for a 51 percent stake in the joint venture. In April 1998 Travelers Group announced an agreement to undertake a $76 billion merger between Travelers and Citicorp, creating the largest single financial services company in the world. (parent company of Salomon Brothers Inc.), for over $9 billion in stock, and merged it with its own investment arm to create Salomon Smith Barney. In September 1997, Travelers acquired Salomon Inc. By the end of 1993, the merged company was known as Travelers Group Inc. In 1992, they paid $722 million to buy a 27 percent share of Travelers Insurance. Commercial Credit purchased Primerica in 1988, for $1.5 billion. In the late 1980s the retail brokerage firm Smith Barney was owned by Primerica Financial Services. In 1982, SBHU Holdings was renamed Smith Barney Inc. to form Smith Barney, Harris Upham & Co., which, in 1977, was placed under SBHU Holdings, a holding company. In 1975 Smith Barney merged with Harris, Upham & Co. Barney & Co., founded in 1873, and Edward B. was formed in 1938 through the merger of Charles D. Clients range from individual investors to small- and mid-sized businesses, as well as large corporations, non-profit organizations and family foundations. The combined brokerage house has about 18,500 brokers and manages $1.7 trillion in client assets. ![]() On January 13, 2009, Morgan Stanley and Citigroup announced that Citigroup would sell 51% of Smith Barney to Morgan Stanley, creating Morgan Stanley Smith Barney. This historic document was printed by the American Bank Note Company and has an ornate border around it with a vignette of the company name.Ĭertificate Smith Barney also known as Morgan Stanley Smith Barney was a division of Citigroup Global Capital Markets Inc. Beautiful specimen certificate from the Smith Barney, Harris Upham & Co., Inc.
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