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Stock Certificate of E.J. Korvette, Inc.

$ 9.49

Availability: 100 in stock
  • All returns accepted: ReturnsNotAccepted
  • Condition: This is a cancelled stock certificate, and may have cancellation marks and perforations. Certificate Number, date, color, number of shares and registration may differ from picture.

    Description

    Stock Certificate of E.J. Korvette, Inc.
    E. J. Korvette
    , also known as
    Korvettes
    , was an
    American
    chain of
    discount department stores
    , founded in 1948 in
    New York City
    . It was one of the first
    department stores
    to challenge the
    suggested retail price
    provisions of
    anti-discounting
    statutes.
    Founded by
    World War II
    veteran Eugene Ferkauf and his friend, Joe Zwillenberg, E.J. Korvette did much to define the idea of a discount department store. It displaced earlier
    five and dime
    retailers and preceded later
    discount stores
    , like
    Walmart
    , and
    warehouse clubs
    such as
    Costco
    Free shipping
    The certificate will be shipped in a flat cardboard document mailer, and will not be folded.
    This is a cancelled certificate, and may have cancellation marks and perforations. Certificate Number, date, color and registration may differ from picture.
    This certificate is sold as a collectible item only, and the successful bidder will not acquire any interest in the security itself. The certificate will not be registered in your name.