Pair of $1,000 Pathe Bond Certificates - Uncancelled & Sequential

Description: Pathe Phonograph & Radio Corporation Debentures. Two sequentially numbered $1,000., twenty-year bonds issued in 1922. (Certificate numbers #115 and #116.) to be SOLD AS A PAIR for total $750. Corporate Background The Pathé record business was founded by brothers Charles and Émile Pathé, then owners of a successful bistro in Paris. In the mid-1890s, they began selling Edison and Columbia phonographs and accompanying cylinder records. Shortly thereafter, the brothers designed and sold their own phonographs. These incorporated elements of other brands.[1] Soon after, they also started marketing pre-recorded cylinder records. By 1896 the Pathé brothers had offices and recording studios not only in Paris, but also in London, Milan, and St. Petersburg. In 1894, the Pathé brothers started selling their own phonographs. The earliest Pathé offerings were phonograph cylinders. Pathé manufactured cylinder records until approximately 1914. In 1905 the Pathé brothers entered the growing field of disc records. They needed to employ several unusual technologies as preventive measures against patent infringement. At first they sold single-sided discs with a recording in wax on top of a cement base. In October 1906 they started producing discs in the more usual manner with shellac. Even with this less eccentric material, the early Pathé discs were unlike any others. In France, Pathé became the largest and most successful distributor of cylinder records and phonographs. These, however, failed to make significant headway in foreign markets such as the United Kingdom and the United States where other brands were already in widespread use.[3] Although Pathé cylinder records were never popular outside France, their disc records sold successfully in many foreign countries such as the United States, United Kingdom, Germany, Italy, and Russia. In 1920, Pathé introduced a line of "needle-cut" records, at first only for the US market. The needle-cut records were laterally cut discs designed to be compatible with standard phonographs, and they were labelled Pathé Actuelle. In the following year, these "needle-cut" records were introduced in the United Kingdom and within a few more years they were selling more than the vertical Pathés, even on the continent. Attempts to market the Pathé vertical-cut discs abroad were abandoned in 1925, though they continued to sell in France until 1932. In mid-1922, Pathé introduced a lower priced label called Perfect. This label became one of the most popular and successful "dime store" labels of the 1920s and survived beyond the end of the US Pathé label - discontinued in 1930 - right up to 1938. In January 1927, Pathé began recording using the new electronic microphone technology, as opposed to the strictly acoustical-mechanical method of recording they used until then. In December 1928, the French and British Pathé phonograph assets were sold to the British Columbia Graphophone Company. In July 1929, the assets of the American Pathé record company were merged into the newly formed American Record Corporation.[4] The Pathé and Pathé-Marconi labels and catalogue still survive, first as imprints of EMI and now currently EMI's successor Parlophone Records. The film division of Pathé Frères still survives in France. History courtesy of Wikipedia

Price: 695 USD

Location: Bainbridge Island, Washington

End Time: 2024-11-27T20:33:46.000Z

Shipping Cost: N/A USD