1074

Paine Webber, Inc 1986 Specimen Stock Cert <100,000 Shr ABN Stock Broker Red

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:35.00 USD Estimated At:85.00 - 170.00 USD
Paine Webber, Inc 1986 Specimen Stock Cert <100,000 Shr ABN Stock Broker Red
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PaineWebber and Company was an American stock brokerage and asset management firm that was acquired by the Swiss bank UBS AG in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. Operating with two employees, they leased premises at 48 Congress Street in May 1881. The company was renamed Paine, Webber & Co. when Charles Hamilton Paine became a partner. Members of the Boston Stock Exchange, in 1890 the company acquired a seat on the New York Stock Exchange. Wallace G. Webber retired after the business weathered a major financial crisis that hit the market in 1893. Overprinted "Last Specimen" on top right.