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De Forest Radio Co., 1913 Specimen Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:85.00 USD Estimated At:150.00 - 300.00 USD
De Forest Radio Co., 1913 Specimen Stock Certificate
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Delaware, ND (1940s). 100 Shares Specimen Capital Stock Certificate, Black text with green border and underprint, Trio of allegorical figures flank company logo at top center. Specimen Pin-punch cancel and POCs. AU to Uncirculated condition, HBN. The DeForest Radio Company was founded on March 6, 1907 by Lee de Forest in New York City, New York. Its industry was primarily radios and its headquarters were in New York City, New York (1907-1924), Jersey City, New Jersey (1924) and Passaic, New Jersey (1932). At some point they expanded into the Canadian market. Lee de Forest (August 26, 1873 _ June 30, 1961) was an American inventor, self-described "Father of Radio", and a pioneer in the development of sound-on-film recording used for motion pictures. He had over 180 patents, but also a tumultuous career‹he boasted that he made, then lost, four fortunes. He was also involved in several major patent lawsuits, spent a substantial part of his income on legal bills, and was even tried (and acquitted) for mail fraud. His most famous invention, in 1906, was the three-element "Audion" (triode) vacuum tube, the first practical amplification device. Although De Forest had only a limited understanding of how it worked, it was the foundation of the field of electronics, making possible radio broadcasting, long distance telephone lines, and talking motion pictures, among countless other applications.