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Scripophily is perhaps the newest and fastest growing hobby dealing with the collecting of currency related items. What is Scripophily? Basically, it is the collecting of used, usually cancelled, stock and bond certificates. These collectibles have no monetary or current stock value so why collect them? Because you are collecting history. Whether it is the history of a country, a company, a person, an era or simply an artistic style, these items were usually purchased by a specific person, or company, at a documentable date in time. American stocks & bonds hold countless options to start a new scripophily collection. Pick out an area of interest.... -Famous Companies: AT&T, Standard Oil, U.S. Steel, Union Pacific... -Famous People: J.P. Morgan, Nelson Rockefeller, Cornelius Vanderbilt... -Types of Business: Railroads, Communication, Oil Companies, Mining... -Vignettes or Artistic Styles: Trains, Allegorical Figures, Scenery, Famous Places.... Pricing on individual certificates will widely variety. Pertinent factors in involved the valuing certificates include: age, rarity, condition, demand, the specific company or signature, aesthetics, face value to name a few. The grading scale for contemporary certificates, as listed in the Standard Catalog of Stocks & Bonds by Ranier Stahlberg with Colin Bruce II, is as follows: -Uncirculated - No Folds, no staples, no wear. -Extremely Fine - Slight wear, no folds. -Very Fine - Minor trace of wear. -Fine - Folds and wear. -Fair - Plenty of folds or wear, staple holes. -Poor - Some damage with staining or heavy wear. The older certificates, 19th century etc, will generally be held to a less stringent standard. I hope you will take a few minutes, further explore this great hobby, and check out a few interesting items in my online store. |
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