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Metro-Goldwyn-Mayer Inc. - 1968 dated $1,000 Specimen Registered Bond - Very Rare

Inv# SE3553   Specimen Bond
State(s): Delaware
Years: 1968
Color: Olive

Specimen Bond printed by Security-Columbian Banknote Company. Metro-Goldwyn-Mayer Studios, Inc. (also known as Metro-Goldwyn-Mayer Pictures, commonly shortened to MGM), is an American media company specializing in film and television production and distribution. Founded on April 17, 1924, and based in Beverly Hills, California, it is owned by the Amaz** MGM Studios subsidiary of Amaz**.

MGM was formed by Marcus Loew by combining Metro Pictures, Goldwyn Pictures and Louis B. Mayer Pictures into one company. It hired a number of well-known actors as contract players—its slogan was "more stars than there are in heaven"—and soon became Hollywood's most prestigious filmmaking company, producing popular musical films and winning many Academy Awards. MGM also owned film studios, movie lots, movie theaters and technical production facilities. Its most prosperous era, from 1926 to 1959, was bracketed by two productions of Ben Hur. It divested itself of the Loews movie theater chain and, in 1956, expanded into television production.

In 1969, businessman and investor Kirk Kerkorian bought 40% of MGM and dramatically changed the operation and direction of the studio. He hired new management, reduced the studio's output to about five films per year, and diversified its products, creating MGM Resorts International as a Las Vegas–based hotel and casino company (which it later divested in the 1980s). In 1980, the studio acquired United Artists. In 1986, Kerkorian sold MGM to Ted Turner, who retained the rights to the MGM film library, sold the studio lot in Culver City to Lorimar, and sold the remnants of MGM back to Kerkorian a few months later. After Kerkorian sold and reacquired the company again in the 1990s, he expanded MGM by purchasing Orion Pictures and the Samuel Goldwyn Company, including both of their film libraries. Finally, in 2004, Kerkorian sold MGM to a consortium that included Sony Pictures.

In 2010, MGM filed for Chapter 11 bankruptcy protection and reorganization. After reorganization, it emerged from bankruptcy later that year under its creditors' ownership. Two former executives at Spyglass Entertainment, Gary Barber and Roger Birnbaum, became co-chairmen and co-CEOs of MGM's new holding company. After Barber's departure in 2018, the studio sought to be acquired by another company to pay its creditors. In May 2021, Amaz** acquired MGM for $8.45 billion; the deal closed in March 2022. In October 2023, Amaz** Studios absorbed MGM Holdings and rebranded itself as Amaz** MGM Studios. As of 2023, its major film franchises include Rocky and James Bond, while its most recent television productions include Fargo and The Handmaid's Tale. Read more at https://en.wikipedia.org/wiki/Metro-Goldwyn-Mayer

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Condition: Excellent

Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firm’s products. These are usually marked "Specimen" and have no serial numbers.

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