Pottsville Packers (Basketball), Inc. Stock Certificate

Description

Pottsville Packers, Inc. Stock Certificate
This piece is a ghostsofwallstreet.com clearance item and is available exclusively in our Ebay outlet store!
The Pottsville Packers were a minor league basketball team that competed in the Continental Basketball Association between 1946/47 through 1951/52. The club went through numerous names during its existence:
Binghamton Triplets (1946/47) - moved to Pottsville in middle of season
Pottsville Packers (1947 through 1951/1952) - moved to Wilkes-Barre for 1952/53 season
Wilkes-Barre Aces (1952) - folded early into 1952/53 season
The team is probably best known for producing two NBA Coaches/General Managers - Jack Ramsay and Jack McCloskey.
McCloskey played only one game in the NBA - for the Philadelphia Warriors during the 1953 season - scoring 6 points.He served as head coach of the University of Pennsylvania from 1956 to 1966, and of Wake Forest from 1966 to 1972. Following that, he served as the head coach of the Portland Trail Blazers from 1972 through 1974, earning a 48-116 win/loss record. He followed this stint as an assistant coach to Jerry West and the Los Angeles Lakers. When West became general manager in 1979, McCloskey felt he had earned the right to become head coach, but Jack McKinney was hired instead.
In 1979, he became general manager of the Detroit Pistons. During the next 13 years, "Trader Jack", as he was known, made over 30 trades, constantly upgrading his team to become a true challenger to the Boston Celtics, one of the dominant teams in the NBA's Eastern Conference. His best-known moves were drafting future Hall-Of-Famer Joe Dumars outside the lottery and rebounding champ Dennis Rodman in the second round of the NBA Draft, trading three players for future all-star center and dominant rebounder Bill Laimbeer and trading superstar Adrian Dantley for Mark Aguirre during the 1988/89 season, a move that helped the Pistons win the NBA championship in 1989 and 1990.
After the Chicago Bulls swept an injury-riddled Piston team in the 1991 Eastern Conference Finals, "Trader Jack" made his last moves. He acquired Darrell Walker, Brad Sellers, and Orlando Woolridge, and let go of Vinnie Johnson and James Edwards to try to make the team younger. He drafted Doug Overton in the second round that year (the Pistons had traded their first-round pick away), who did not even play the following season. The Pistons struggled with their chemistry, as key subs like John Salley did not improve their performance, yet they won 48 games. They lost in five games to the New York Knicks in the first round, and McCloskey left the team. He later served in the front offices of the Minnesota Timberwolves (1992 - 1995), and the Toronto Raptors (2004), the latter on an interim basis.
Ramsay played six seasons of professional basketball in the Eastern Pennsylvania Basketball League. To supplement his playing income, he coached basketball at St. James High School in Chester, Pennsylvania and later at Mount Pleasant High School, 1953-4, in Wilmington, Delaware.
After coaching in the high school and minor-league ranks during the early postwar years, Ramsay became head coach at St Joseph's in 1955. Ramsay got the job after accidentally meeting the college's moderator of athletics at a Philadelphia Phillies baseball game. Ramsay was hired as coach for the 1955-56 basketball season for ,500.
In Ramsay's first season at St Joseph, the Hawks went 23-6 to win their first Big 5 crown. This first season also marked the school's first-ever postseason playoff berth, in which St Joseph placed third in the NIT after losing to the University of Dayton.
Ramsay would remain at St. Joseph's through 1966, leading the Hawks to six more Big 5 crowns, five straight seasons of first-place finishes in the Middle Atlantic Conference, ten postseason appearances, and a Final Four stint in 1961.
At age 41, after leading his team to a 24-5 record in 1965-66, Ramsay was diagnosed with an edema on the retina of his right eye. Ramsay left his coaching job with the Hawks on the doctors' recommendation that he reduce stress. Ramsay finished with a record of 234-72 in 11 years.
Frequently Asked Questions:
Is the certificate in this listing, the exact piece I will receive?
For this listing - no, t
he images are representative. We do this when multiple quantities are being offfered. You will receive a certificate in similar condition; however dating, denomination, certificate number and issuance details may vary.
Is this document authentic or a reproduction?
All pieces we offer are originals - we do not sell reproductions. If you ever find one of our pieces not to be authentic, it may be returned at any time.
Can this certificate be cashed in?
All of our certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied.
Do you combine shipping?
We offer flat rate shipping - whether you order 1 certificate or 100 - you pay only the published flat rate.
To take advantage of our flat rate shipping offer,
you must add all of the pieces you would like to your eBay cart
and perform a single checkout. If you use "Buy It Now" for each individual certificate, you will be charged a shipping charge each time - this is a limitation of the eBay system.
Is all of your inventory on eBay?
Absolutely not! We have 1,000s of certificates on our website.