New York City Grioler Club Hosts Exhibition On Financial Securities

Contributing writer to Forbes Magazine, Jonathan Keats recently covered an exhibition that is hosted by the Grolier Club in New York City. The Groiler Club was created in 1884 and named after Frenchman Jean Grolier, who was a great collector of books. The mission of the Grolier Club was to collect and foster the appreciation of books and other printed materials. You can find the Grolier Club at 47 East 60th Street, New York, NY 10022. The exhibition halls are open from 10 A.M to 5 P.M. Mondays to Saturdays.

 

Writing for Forbes Magazine, Jonathan Keats describes the latest exhibition at the Grolier Club as being a testament to the fine art of engraving and its evolution throughout American history. Engraving as covered at this New York City exhibition refers to security engraving to ensure authenticity of bank notes, stock certificates and other financial documents. The exhibition at the Grolier Club shows stock certificates and their engravings that date all the way back from the 19th century to the modern era.

 

It is interesting to note that before the federal government began taking over the matter of engraving paper money, most money and other financial certificates were engraved by skilled artists. Seals varied tremendously and most were works of art that would impress people today. The Grolier exhibition on engraving in banknotes and stocks certificates shows that engravings eventually evolved from a security feature to prevent counterfeiting to a form of advertisement as well.

 

In case you are wondering what an engraving is, it is similar to a seal. It can be said to be a seal of authenticity that showed that the document was in fact an original or legit. Today we have the Federal Bureau of Engraving and Printing that engraves money. Stock certificates continue to have an engraving to this day. This is because there is a rule at the New York Stock Exchange that says that all stock certificates must feature an original engraving for that company. The rule is hundreds of years old, yet it still remains part of the stock market world today.

 

If you are interested in the evolution of bank notes and stock certificates, then it is a good idea to check out the Grolier Club exhibition. You will learn some interesting history and view the evolution of engraving through the centuries by looking at historic bank notes and stock certificates.