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Paper Stock Certificates Disappearing Dematerialization and controlled destruction. These are two terms a collector of stock certificates must now know. The effect of these two words is to create a situation for the collector where the supply of available certificates in the marketplace will be declining over time. There will be fewer certificates printed initially and any cancelled tickets will be destroyed more quickly. Famous Collectible Stock Certificates Although the vast majority of collectible or even antique stock certificates can be purchased for under $100, there are a few stock certificates which are worth mentioning for their collectible value. Each stock certificate is unique, making them difficult to value and even more difficult to rank in terms of desirability. Still, there are a few that stand out as the collector’s holy grail of Collectible Modern Stock Certificates Although most collectors of scripophily focus on stock certificates produced during the late nineteenth or early twentieth century, modern stock certificates can also be a joy to collect. A stock certificate does not need to be an antique to have historical significance, although older stocks have traditionally been the ones to garner higher prices. Stock Certificates Through Time Although most antique stocks date to the 1830s through the 1880s due to the Industrial Revolution and the rise of mining, railroads, and other large companies, in actuality the first stocks were issued much earlier. The first companies to issue stock shares began doing so in the late 1700’s; it is at the very end of this century that the earliest known stock certificates were produced. The History of Scripophily Originally, stock certificates were issued for a very practical use. Like other forms of ephemera, they were not produced to be collected, but as a way to record an ordinary event, the investing in a company. Although often incorporating beautiful engravings and vignettes, this was quite common on many other forms of paperwork, and so stock certificates were not collected for their aesthetic beau Research Value of Antique Stock Certificates Many historians collect stock certificates and other forms of ephemera because of the valuable historical content they hold. These direct sources are nearly always accurate because of their unbiased nature, so they offer a treasure trove of information to historians and others interested in the history of a company or industry. A Titanic Legacy for J.P. Morgan The International Mercantile Marine Company certificates dated 1915 are of particular interest for the fact that they contain one of the most famous signatures of the time. One of those signatures is that of Phillip A.S. Franklin who was the vice-president for the American side of the International Mercantile Marine Company at the time the Titanic met its demise during its maiden voyage. The First True Transcontinental Railroad Was Not in the U.S. The Panama Railroad was completed in 1855. It had the title of the “first transcontinental railroad” because the famous U.S. Transcontinental railway did not exist until 1869, when the rails finally connected to each other at Promontory Summit, Utah. Lehigh Coal Navigated History The Lehigh Coal and Navigation Company was created for the carrying of anthracite coal to Easton from Lehigh Valley. This creation occurred after Phillip Ginder discovered large anthracite deposits in the Summit Hill, Pennsylvania area in 1791. The Lehigh and Delaware Rivers were quite turbulent, but transportation of coal was made possible through the navigation system that had been developed. The Sweet Story of Hershey Stock Certificates Another interesting aspect of Hershey stock history that is very special is the stock that was given to the Industrial School of Orphans in Hershey, Pennsylvania. Hershey had established the school in 1909 with his wife, but his wife passed away in 1915 and, since he was childless, he made sure that the school was set up very well financially for many years to come. Scripophily Signatures – Real or Not? How can you determine if the signatures on a collectible stock certificate are authentic autographs? First, there’s good news. Scripophily (the collecting of antique stock certificates and bonds) does not generally have the rampant forgery or mechanized signature issues of some other collectible fields (e.g., signed sports collectibles). Scripophily Collecting Themes - Part I There is a thriving market in old stock certificates due to their beauty, uniqueness, historical significance, rarity and, surprisingly, their affordability. Most certificates (even from a century ago) can be purchased for under $100. These are a few of the more collecting popular themes: What Makes Old Stock Certificates Valuable? Everyone dreams of finding something in an attic or flea market that turns out to be valuable. That something could be a stock certificate that is still valid for ownership in a company. If you were to find one, it certainly should be researched (just in case). But unfortunately, that rarely happens. However, it still might be worth something as a collector’s item. Scripophily Collecting Themes - Part 3 This is the third of three articles that describe and give examples of popular collecting themes in Scripophily (the collecting of antique stock certificates). Scripophily Collecting Themes - Part 2 This is the second of three articles describing and giving examples of popular themes used in Scripophily (the collecting of antique stock certificates). Caring For Collectible Stock Certificates This article explains how to care for collectible antique stock certificates to retain their maximum appeal and value. The information applies to any paper collectible. Ten Reasons For Scripophily Growth Scripophily (the collecting of antique stock certificates) is a rapidly growing field. This article explains the resons why.

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