Charles E. Hires Co., 1920 "Root Beer" Proof Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:75.00 USD Estimated At:130.00 - 250.00 USD
Charles E. Hires Co., 1920  Root Beer  Proof Stock Certificate

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Delaware, ND (1920s). 100 Shares Specimen Capital Stock Certificate, Black text with green border and underprint, Men at work outside in circular frame, flanked by other scenes of men working. VF-XF condition, SBN. Charles Elmer Hires (1851-1937) was an American pharmacist and an early promoter of commercially prepared root beer though his company, The Charles Hires Co. Hires reportedly learned about root beer on his honeymoon in New Jersey, where the woman who ran the hotel served a tisane known as "root tea" made from roots. His friend Russell Conwell, who went on to found Temple University, suggested that "root beer" would be more appealing to the working class. Originally, Hires packaged the mixture in boxes and sold it to housewives and proprietors of soda fountains. The drink was slow to catch on, but Conwell persuaded Hires to present his product at the 1876 U.S. Centennial Exposition in Philadelphia. To make it stand out, he called his drink "the temperance drink" and "the greatest health-giving beverage in the world." Today, Hires Root Beer is a root beer marketed by Keurig Dr Pepper. It is considered the second longest continuously made soft drink in the United States. Only Verner's ginger ale, dating to 1866, is older.