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Colt's Manufacturing Company
Share Certificate No. 10753, 100 shares, Colt's Manufacturing Company, Burnham and Company, Connecticut, 1953-55. Third Colt certificate in the collection, gunmaking scripophily.
This third and final Colt's Manufacturing certificate bears the number 10753 and represents 100 shares in the name of Burnham and Company, an investment firm. The dual date (August/December 1953-1955) suggests either a transfer registered on two separate dates, or a replacement certificate issued in 1955 for an original 1953 transaction. The 100 shares represent a lot ten times larger than the Phillips certificate, indicating an institutional transaction rather than an individual purchase. Together, the three Colt's certificates form an exceptional documentary set on the stock-market history of this iconic company, allowing one to follow the evolution of its shareholding between the 1940s and 1955, a crucial period for the American arms industry.