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Pennsylvania. American Caramel Co., 1901, I/C Stock Certificate Signed by Milton Hershey.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:45.00 USD Estimated At:100.00 - 200.00 USD
Pennsylvania. American Caramel Co., 1901, I/C Stock Certificate Signed by Milton Hershey.
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The auction will take place on February 5, 2025 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Pennsylvania, 1901. 25 Shares Preferred Stock I/C Certificate, Black print with brown border and underprint, American Bald Eagle at top above company title, Certificate is made out to and signed by Milton Hershey of Hershey Chocolates, Punched cancelled, VF to XF condition with slight faults damage to on the lower margin. This certificate represents the merger of caramel makers, including Breisch-Hine and P.C. Wiest of Lancaster, Pennsylvania. Known for its caramel confections, the company gained widespread fame for pioneering collectible baseball cards, which it included in its candy packaging in the early 20th century. Iconic sets like the E90 and E120 series featured colorful, hand-drawn portraits of players and are highly prized by collectors today, marking the company's significant influence on the modern sports trading card industry. In 1928, the company was acquired by the Hershey Company, which shifted its production focus, leading to the eventual decline of the American Caramel brand.