Fully Issued Playboy Enterprises, Inc - dated 1970's-1980's Stock Certificate - Extremely Rare Issued
Inv# GS6321 StockVery Rare to see fully issued. American Bank Note Co. Some Glue Stains at Back from Playboy attaching them to matting once shareholders purchased them. PLBY Group, Inc. is an American global media & lifestyle company founded by Hugh Hefner as Playboy Enterprises, Inc. to oversee the Playboy magazine & related assets. Its headquarters are in Los Angeles, California. Sales of Playboy magazine peaked in 1972 at over 7 million copies. By 2015, the circulation had fallen to 800,000. The company completed its shift to consumer products in 2020 w/ the shuttering of the magazine division, & is now known to generate more than $3 billion in consumer spending annually across 180 countries. Playboy Enterprises, Inc. made its initial public offering on November 3, 1971, at $23.50.
Playboy ran forty Playboy Club properties from 1960 to 1986 & operated casinos in England from the mid-1960s to 1981, when they lost their operating license. Playboy also operated a casino in Nassau, Bahamas, from 1978 to 1982. From 1981 to 1984, the company was a partner in the Playboy Hotel & Casino in Atlantic City, New Jersey. Playboy Enterprises was denied a permanent New Jersey gaming license & was forced to sell out to its partner, which changed the name of the hotel/casino to the Atlantis Hotel & Casino. The company returned to the nightlife business w/ the Playboy Club at the Palms Casino Resort in Las Vegas, which opened in 2006 & closed in 2012. Other Playboy Clubs opened in Cancun, Macau, & London in 2010 & 2011. Meanwhile, the company said it would open at least three Playboy stores in each of the next three years. Read more at https://en.wikipedia.org/wiki/PLBY_Group
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.
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