Adams Golf, Inc. stock certificate 2005 (golf clubs)
Great sports collectible. Nice vignette of the company logo. Issued and not cancelled. Dated 2005.
Adams Golf, Inc. is a golf club manufacturer based in Plano, Texas. In 1983 Barney Adams joined Dave Pelz Golf in Abilene, Texas. When Pelz's Preceptor Golf went bankrupt in 1988, Adams bought the assets and started Adams Golf. He moved the company to Dallas, Texas in 1991.
Adams Golf initially specialized in custom fitted golf clubs, initially becoming associated with Hank Haney setting up a club fitting and repair shop at the Hank Haney Golf Ranch. Adams Tight Lies fairway wood became a commercial success as the result of television infomercial, with sportscaster Jack Whittaker as the host and narrator; Haney, then Tiger Woods' coach; Bill Rogers, British Open winner and PGA Player of the Year in 1981; and LPGA Hall of Famer Carol Mann, as spokespersons.
In 1998 Adams Golf went public on Wall Street, with an initial public offering underwritten by Lehman Brothers. Barney Adams was selected as Manufacturing Entrepreneur of the Year by Ernst & Young in 1999. Although semi-retired since 2000, Barney Adams retains the title Chairman of the Board. In 2012, Adams Golf was acquired by Taylormade Adidas Golf.