Wednesday, August 25, 2021

Polychrome Corporation Stock certificate

Doug Chu, Mr. Simon Chu's son purchased a specimen of the Polychrome Corporation Stock certificate issued when Polychrome was on the American Stock Exchange till the friendly take over by Dainippon Ink and Chemical, Inc . Just as many stock holders of the company I tendered my small shares to the brokerage when the take over bid was announced. And since the shares were usually held by brokerage firms I doubt there were many shereowners who actually saw the certificates. Doug says "I remember these certificates laying around our house when I was young- but as you say, eventually all stocks were held by brokerage firms and nobody had a real certificate. And when the company was finally bought over, i know my father and family turned in any old certificates they may have held. This is a model certificate issued by some printing company that designed and printed stock certs." I know there were occasions when an actual certificates were presented as present or awards but this is the first time I see the actual specimen. Thanks Doug!