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Pacific Trading Cards
Pacific Trading Cards, Inc. was an American trading card company founded in 1980 by Mike Cramer and known for its brightly colored, die cut cards. The company invented the nine-card plastic sheets collectors use to store trading cards. The company also produced memorabilia such as bobbleheads and the Ken Griffey Jr. chocolate bar. The company was purchased by Playoff Corp., Playoff in 2004. In 2021, a Tom Brady rookie card produced by Pacific sold for $117,000 eBay. Company history Early years Mike Cramer, the founder of Pacific Trading Cards, began collecting baseball cards at nine years old. His first card was a Babe Ruth card from a nickel pack of Fleer 1960 All-Time Greats cards. He began selling soda bottles and mowing lawns so that he could buy more cards, collecting over 11,000 cards by the time he was eleven years old. By the time he was fifteen, Cramer had collected more than 500,000 cards. He ran ads, buying and selling cards from his family home in Arizona. Beginning i ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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