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SIMCA, 1959 Cancelled Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:25.00 USD Estimated At:40.00 - 75.00 USD
SIMCA, 1959 Cancelled Stock Certificate
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France. 50 American Shares I/C, Stock Certificate, Black print on purple border and under tint, Company title at top, POC's at bottom, VF-XF condition, SBNC. Simca (SociŽtŽ Industrielle de MŽcanique et Carrosserie Automobile; Mechanical and Automotive Body Manufacturing Company) was a French automaker, founded in November 1934 by Fiat and directed from July 1935 to May 1963 by Italian Henri ThŽodore Pigozzi. Simca was affiliated with Fiat and, after Simca bought Ford's French activities, became increasingly controlled by the Chrysler Group. In 1970, Simca became a subsidiary and brand of Chrysler Europe, ending its period as an independent company. Simca disappeared in 1978, when Chrysler divested its European operations to another French automaker, PSA Peugeot Citro‘n. PSA replaced the Simca brand with Talbot after a short period when some models were badged as Simca-Talbots.