By :
Larry Crain
There is a thriving market in old stock certificates due to their aesthetic appeal, uniqueness (every one is different from every other), historical significance (most certificates have fascinating stories of important people, places or things behind them), rarity (there are only a few hundred left in existence of many issues) and, surprisingly, their reasonable cost.
Though most certificates (even from a century ago) can be purchased for under $100, the sheer number of different certificates available (tens of thousands), not to mention the expense of the rarer ones, prevents anyone from trying to collect them all.
For that reason, and due to personal preferences, people tend to collect stock certificates (or give them as gifts) by theme. A theme is simply a common factor among a group of collectibles that creates an interesting relationship among the ones you have and guides you in what other specimens you want to collect next to fill in the group. These are a few of the more popular themes:
1.Industry - Railroads are popular industry themes. There were a great number of them and they literally created the infrastructure that allowed the United States to develop into a unified economic, cultural, political and societal entity Even within the Railroad category, however, most people focus on sub-segments such as the first electric traction railways ( trolleys) from a hundred years ago or all the small lines that consolidated to create a larger Railroad system. Other industry examples are aircraft, mining, oil, autos, retailers, banks, or any "industry" you define.
2.Geography - It is fun to see the name of your city or state on a certificate. These collectors usually enjoy doing a little research and reading up on companies and locations they identify with or recognize. There are many hundreds of old certificates with town, county or state names in the company name, e.g., Maricopa Mica Mining Company (1890's) or Pennsylvania Salt Manufacturing Company (1927).
3.Vignette - "Vignette" is the collectors' term for the picture(s) on most certificates. They are usually quite detailed artwork created from etchings. A collector might choose, for example, animal vignettes (including American Eagles, foxes, dogs, horses, cattle, doves, cats and many others).
4.Family Relationship - If your last name is Morrison, you could have a beautiful, framed, authentic certificate from 1865 for "The Morrison Family Oil Company" hanging in your den. How about the Long Dock Company (1860's) or the Custer Channel Wing Corporation?
5.Time Period - Lovers of the Old West might like The Colt's Patent Fire Arms Manufacturing Company, The John B. Stetson Company or the Abercrombie and Fitch Company (they were actually important purveyors in the old days too).
There are many other possible themes (autographs, famous people, famous events, years..., which are discussed in parts 2 and 3). And many certificates can fit in more than one theme, so there is no end to the satisfaction of creating a fine collection or display, but also the excitement of picking up on a new direction.
In any case, the collecting of these increasingly rare historical documents is a growing, rewarding pastime that is engrossing to pursue and fun to share with others (as you show them your 1865 Barnstable Bank and expound on commerce during the Civil War).
Author Resource:-
Visit www.RealStockCertificates.com for collector-quality Scripophily ( antique stock certificates) at lower prices.
View over 1,000,000 images of Collectibles at www.Collectibles-Museums.com, plus hundreds of free Glossary, Reference and Price Guides.
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