100 Pieces of Rayette-Faberge, Inc. dated 1960's - 100 Stock Certificates! - Cosmetics Company

Inv# WW1014 Stock

State(s): Minnesota

Years: 1960's

Female with globe vignette by Security-Columbian Bank Note. 100 Pieces. Fabergé was a brand of cosmetics manufactured between 1964 and 1984 under the direction of George Barrie. In 1984, McGregor Corporation acquired Fabergé and discontinued many Fabergé products. In 2007, the trademarks, licences and rights were transferred to Fabergé Limited, in the Cayman Islands, Mark Dunhill became CEO, and it announced an intention to make Fabergé a luxury goods brand.

The American oil billionaire Armand Hammer collected many Fabergé pieces during his business ventures in communist Russia in the 1920s. In 1937, Armand Hammer’s friend Samuel Rubin, owner of the Spanish Trading Corporation which imported soap and olive oil, closed down his company because of the Spanish Civil War and established a new enterprise to manufacture perfumes and toiletries. He registered it, at Hammer’s suggestion, as Fabergé, Inc. The Fabergé family did not learn about this until after World War II ended. Unable to afford protracted and expensive litigation, in 1951 they settled out of court for US$25,000 ($250,000 today) for the Fabergé name to be used in connection with perfume. Soon, Rubin added cosmetics and toiletries under the Fabergé banner, usually sold in upscale department stores. Fabergé had a high, prestige status, similar to rivals Coty, Guerlain and Elizabeth Arden.

In 1964, Rubin sold Fabergé Inc. for $26 million to George Barrie and the cosmetics company Rayette. In 1964, Rayette changed its name to Rayette-Fabergé Inc., and, in 1971, the company name was changed back to Fabergé Inc. From 1964 to 1984 under the direction of George Barrie, Fabergé launched many successful cosmetics products and hired celebrities to endorse them. In addition a media division made feature movies. Read more at https://en.wikipedia.org/wiki/Faberg%C3%A9_(cosmetics)

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A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.

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