Remember the JUNK-BOND SCANDAL that shook Wall Street and the Whole Financial Market back in the 1980's?
If not, just do a Web-Search for Drexel!
If you don't want to bother, here's enough particulars to get you started. MICHAEL MILKIN - the True "Power Behind the Throne" in this Corporation - excelled at Finding Companies that were Undervalued - so-called "FALLEN ANGELS" - and re-invigorating them through various questionable practices.
Such "SPECULATIVE GRADE BONDS"
- West Shore Railroad (also available in my eBay Store) one of the Most Famous: Issued in the 19th Century they didn't come due until the year 2361 !!! -
were a Hot Commodity for a time Twenty Years Ago but soon came to be known as "Junk Bonds".
This was a time when the terms
"Corporate Raiders" and
first came into Common Usage, so if you've heard those phrases you have in a sense heard of this whole affair.
The Scandals involved broke open in 1986 - just one year after this Certificate was issued by a Petroleum Research Company (often mentioned in the same breath as Exxon, Shell, and Texaco) and purchased by Drexel.
So it has immense Collector's Value
and Historical Interest!!!
Talk about a Keepsake that is well worth framing and putting in that special place on your wall!
And that's not all!
The Certificate itself is a beauty! Highlighted by a bold, deep-green color (reminiscent of Ecology but also Greenbacks) and featuring an extremely attractive Vignette of a Young Woman striding purposefully along a River amongst Wooded Hills!
It would make a wonderful pair with the 1870s Railroad Warrant from Kidder Peabody - later associated with the same scandal - also available from my eBay Store!
You really need to see it Up Close !
TO ACCESS A PAGE OF
HIGH RESOLUTION IMAGES
GO TO MY eBAY STORE !!!
Click the Link >>>
This Stock is in Excellent
CRISP AND CLEAN
and is just like the one you see.
You can pay a lot of money for this Certificate - and it's certain to increase in Collector's Value - but it's yours right now at
the LOW, BUY-IT-NOW PRICE of $12.99 !
The same certificate sells for a lot more than that elsewhere on line outside of eBay and for possibly twice that at a specialty store in Manhattan.
[The Certificate you receive was made out to the
Prestigious Wall Street Firm
DREXEL BURNHAM LAMBERT
with Reg. No. 080263 and dated February 27, 1985. It measures 8 inches by 12 inches. It has a couple of minute pinholes that do not touch the main portion of the vignette and has been punch-cancelled on the side but against a white background as shown that is hardly noticeable. The printed cancellation off to the left may be aligned slightly different; otherwise, everything is the same.]
This was printed by Canadian Banknote
These Collectible Certificates are getting more and more scarce!
Yet this is a wonderful time to start learning more about this delightful source of some of the best of the ENGRAVER'S ART!
Let me take you on a Journey through the World of
MYTHOLOGY and SYMBOLISM that will be
Entertaining as well as Informative!
Be sure to come back as my Store increases its Inventory!
GENERALLY AVAILABLE BUT PAYPAL REQUIRES OVERSEAS BUYERS TO SHIP
WHICH USUALLY COSTS - INCLUDING SECURE PACKAGING - ABOUT $18.00
FOR ONE ITEM.
IT IS STRONGLY RECOMMENDED THAT YOU PURCHASE SEVERAL
DEFRAY THE COST, BECAUSE THE REGISTRATION FEE IS CHARGED ONLY
IS NOT MY POLICY, IT IS THEIRS.
NOTE TO CANADIAN BUYERS: THE
MAIL SERVICE IN CANADA HAS BECOME SO UNRELIABLE THAT PAYPAL REQUIRES
REGISTERED MAIL FOR BUYERS AND SELLERS TO BE PROTECTED BY THEIR
POLICY. SHIPPING TO CANADA IS NOW THE SAME AS FOR SHIPPING OVERSEAS.
EBAY HAS NO OPTION FOR "REGISTERED MAIL" SO IT IS CALLED
VARIOUSLY "EXPEDITED SHIPPING" OR "PRIORITY MAIL".
I REGRET THIS CHANGE BUT IT IS NOT MY DECISION.
Shipping & payment
RECEIVE A 5% DISCOUNT IF YOU PURCHASE $25 OR MORE and 10% FOR $50 OR MORE (DOES NOT APPLY TO ITEMS ON SALE) - CONTACT ME -
IS AN OPTION
I WAS VERY SURPRISED TO DISCOVER THAT INTERNATIONAL SHIPPING RATES HAVE BEEN DOUBLED BY THE US POSTAL SERVICE. THE COST OF REGISTERED MAIL HAS REMAINED THE SAME AT $12.95, BUT THE TOTAL COST HAS NOW JUMPED FROM $18.00 TO ABOUT $25.00!!!!I FIND THIS APPALLING - AND YOU PROBABLY DO AS WELL - BUT IT IS TOTALLY BEYOND MY CONTROL. EBAY AND PAYPAL STILL REQUIRE REGISTERED MAIL IN ORDER FOR YOU AND ME TO BE COVERED BY THEIR BUYER AND SELLER PROTECTION PLANS.
I APOLOGIZE SINCERELY FOR THIS EXTRA COST. PLEASE MAKE SURE YOU WANT TO BEAR THAT COST AND ALSO REMEMBER THAT IT IS ONLY CHARGED ONCE PER SHIPMENT. SO IT IS VERY IMPORTANT TO CONSIDER BUYING MORE THAN ONE ITEM TO HELP DEFRAY THE COST.
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