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Parenti Motors Corp, 1920 15 Shrs I/U Common Capital Stock Certificate, VF Goes

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:45.00 USD Estimated At:70.00 - 130.00 USD
Parenti Motors Corp, 1920 15 Shrs I/U Common Capital Stock Certificate, VF Goes
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The Parenti Motors Corporation built an American Automobile in Buffalo, NY from 1920 to 1922. The Parenti was designed by J. S. Parenti president of the new company and formerly with The Fiat Automobile Company of Italy. Parenti worked forÊLozier,ÊPackardÊandÊHudson before starting up his new American Automobile company. Two different Parenti were produced. A 5 passenger Parenti Touring car with a 123 inch wheelbase that was priced at $2,000.00. In addition a 5 passenger Sedan also with a 123 inch wheelbase that was priced at $3,000.00. Later a town car and a limousine were added to the line up. The Parenti was powered by a eight cylinder air cooled engine of their own design. In 1922 a water cooled Falls Six cylinder was used. In 1923 The Parenti Motors Corporation went into receivership. Despite claims of thousands of Parenti's sold actual production was limited.