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Thomas J. Lipton, Inc., 1964 Specimen Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:110.00 USD Estimated At:150.00 - 250.00 USD
Thomas J. Lipton, Inc., 1964 Specimen Stock Certificate
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Delaware. Odd Shares Class A Stock Specimen Certificate, Black print on blue border and under tint with portrait of company founder Thomas Lipton at top, Specimen overprints and POC's, VF-XF condition, S-CBNC. Lipton is a British brand of tea, owned by Unilever. The company is named after its founder Thomas Lipton. Sir Thomas Lipton began travelling the world for tea, since sales had doubled from £40 million in the late 1870s to £80 million by the mid-1880s. However, he believed the price was far too high, so in 1890 he purchased his own tea gardens in Ceylon, now Sri Lanka, and packaged and sold the first Lipton tea. Staying true to this vision, he arranged packaging and shipping at low costs and sold his tea in packets by the pound (454g), half pound (227g), and quarter pound (113g), with the advertising slogan: "Direct from the tea gardens to the teapot." Lipton teas were an immediate success in the United States.