Archives International Auctions - Auction 108 Timed Sale November 25 2025
Archives International Auctions - Sale 108timed 19 November 25, 2025 Archives International Auctions www.archivesinternational.com 1074 1074Paine Webber, Inc 1986 Specimen Stock Cert <100,000 Shr ABN Stock Broker Red PaineWebber and Company was an American stock brokerage and asset management firm that was acquired by the Swiss bank UBS AG in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. Operating with two employees, they leased premises at 48 Congress Street in May 1881. The company was renamed Paine, Webber & Co. when Charles Hamilton Paine became a partner. Members of the Boston Stock Exchange, in 1890 the company acquired a seat on the New York Stock Exchange. Wallace G. Webber retired after the business weathered a major financial crisis that hit the market in 1893. Overprinted “Last Specimen” on top right. �������������������������������������������������������������� Est. $85-170 1075 1075 PaineWebber Investment Series 1988 Specimen Stock Cert, XF ABNC PaineWebber &Co. was an American investment bank and stock brokerage firm that was acquired by the Swiss bank UBS in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. Operating with two employees, they leased premises at 48 Congress Street in May 1881. The company was renamed Paine, Webber & Co. when Charles Hamilton Paine became a partner. Members of the Boston Stock Exchange, in 1890 the company acquired a seat on the New York Stock Exchange. Wallace G. Webber retired after the business weathered a major financial crisis that hit the market in 1893. The firm moved its headquarters from Boston to New York in 1963. The firm’s holding company was incorporated on June 30, 1969 as PaineWebber Inc., of which Paine Webber Jackson & Curtis was its main subsidiary. ������������������������������������������������������������������������������������������������������������������ Est. $60-120 1076 1076ReynoldsSecurities Inc. 1976SpecimenStockCert >100ShrsStock broker Famous Stock Broker. Acquired by Dean Witter in 1978. Specimen, >100 Shares, Common Stock. XF SCBN. Blue Border. Reynolds & Co. was founded in 1931 in New York City by Richard S. Reynolds, Jr., a 22-year-old tobacco heir. Reynolds’ father Richard S. Reynolds, Sr. founded U.S. Foil Company, later Reynolds Metals (Reynolds wrap), and his great uncle was the founder of R. J. Reynolds Tobacco Company (RJR). Among Reynolds’ partners were Thomas F. Staley (Staley was Reynolds’ cousin, the grandson of Major D. Reynolds, an older brother of R.J. Reynolds), Charles H. Babcock and John D. Baker. Like Dean Witter, the company survived the Depression, generating a profit each year. In 1934, Reynolds acquired F.A. Willard & Co. With the acquisition, Reynolds tripled its sales and shifted its emphasis toward underwritings. In 1958, Reynolds passed its leadership to the next generation with Thomas F. Staley departing and naming Robert M. Gardiner to head the firm. Under Gardiner, Reynolds embarks on major expansion, acquiring 26 offices from A.M. Kidder & Co. Reynolds acquired another three offices and opened nine firms in new regions in the U.S. in the early 1960s. Reynolds was incorporated in 1971 as Reynolds Securities in advance of an initial public offering. By early 1971, there was speculation that Merrill Lynch would sell shares to the public. Reynolds initial public offering (and shortly thereafter Dean Witter’s IPO) was part of a rush of Wall Street firms to sell an interest in their privately held businesses to public investors, following Merrill Lynch’s initial public offering. In 1976, Reynolds implements REYCOM, the most sophisticated high-speed wire system in the industry. Meanwhile, the firmwas continuing its expansion, acquiring its first international offices in Lugano and Lausanne, Switzerland. A year later, Reynolds acquired Baker Weeks & Co. whose strength was securities research. At the time of its merger with Dean Witter in 1978, Reynolds Securities had over 3,100 employees in 72 offices producing gross revenues of nearly $120 million ��������������������������������������������������������������������������������������������������������������������������������������������� Est. $60-120
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