Old Paper Stock and Bond Certificates Can Have Value as a Redeemable or Collectible Security, According to Old Company Stock Research Service
Chantilly, Virginia (PRWEB) May 19, 2014 -- There are many companies that are currently no longer issuing stock certificates, but the previously issued paper certificate has both collectible and redeemable value. Example of these certificates from modern companies include Disney, Apple Computers, Intel, Microsoft, Visa, Cisco, Google, Dell Computers, Bank of America, Pixar, and many others.
Scripophily.com's Old Company Research Service has been providing research since 1880 for individuals, banks, attorneys, estates and trusts detailing the company's history regarding name changes, mergers, bankruptcies, and predecessor and successor companies. If the company did survive, OldCompany.com will provide contact information so a determination can be made as to whether the securities have any redeemable value.
"If it is determined that the certificate has no redeemable value, it may have collectible value," according to Bob Kerstein, Founder of Scripophily.com and Old Company Research Service. You can find out collectible value at Scripophily.com. Tens of thousands of people from around the world collect stock and bond certificates in a hobby called Scripophily. Certificate values range from a few dollars to more than $500,000 for the most unique and rare certificates. Buyers of old stock and bond certificates include casual collectors, corporate archives, museums and serious collectors.
Bob Kerstein, founder of Scripophily.com and Old Company Research has been featured on Inside Edition, the Today Show and CNBC discussing value of paper stock certificates.
In the age of modern technology and updated Security Exchange Commission requirements, securities no longer need to be in paper certificate form. They can be registered and transferred electronically. Paper stock certificates are slowly being removed and retired from circulation in exchange for electronic recording. This means fewer new paper certificates are reaching the market and older ones are destroyed when they are redeemed. As a result, paper stock certificates are becoming extinct and highly collectible.
Scripophily (scrip-ah-fil-ly) is the name of the hobby of collecting old stock and bond certificates. Certificate values range from a few dollars to more than $500,000 for the most unique and rare items. Tens of thousands of Scripophily buyers worldwide include casual collectors, corporate archives, business executives, museums and serious collectors.
Stock and bond certificates are collected because of their historical significance, beauty and artwork, autographs, notoriety, as well as many other factors. The supply of new certificates reaching the collector market has been substantially reduced due to changes in state laws and stock exchanges rules. Many companies are no longer required to issue paper stock and bond certificates, and only issue them in electronic form. This has increased the collectability of the existing paper certificates due to their scarcity.
Scripophily.com owns and operates OldCompany.com, which researches old stock and bond certificates to help determine possible redeemable value. Scripophily.com's Old Company Research Service is celebrating 134 years of continuous old stock and bond research services which began in 1880. Scripophily.com is also celebrating its 18th successful year on the Internet and has over 17,500 selections in its online store. Last year was an impressive year for Scripophily.com and OldCompany.com with over 1.3 million visitors and 3.7 million page views during the twelve month period ending December 31, 2013.
Scripophily.com's Old Company Stock Research Service can determine whether or not old stock certificates have redeemable and/or collectible value. The old company and securities research service provides investigative analysis for financial and accounting firms, professionals, attorneys, investors, estates and trusts in cases of questioned securities and lost company identities. The research investigations will probe into the corporate history, capital changes, mergers, acquisitions, bankruptcies, legal proceedings, regulatory filings, and analysis of companies to assess the disposition of financial holdings.
Scripophily.com is the internet’s leading buyer and seller of collectible stock and bond certificates and has had items on loan for display in the Smithsonian’s Museum of Financial History in New York. The company has been featured on CNBC, USA Today, Associated Press, Reuters, Nightline, Today Show, Baltimore Sun, and Washington Post and in many other media publications.
Scripophily.com /Old Company Research Service is the successor company to all material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, R.M. Smythe Old Stock Research Services, and the Herzog & Co., Inc. Obsolete Stock and Bond Research Services, which have been performed continuously since 1880. We are the leading provider of authentic stock certificates, autographs, and old company stock research services.
Scripophily.com was founded by Internet Pioneer, Bob Kerstein (Bob.com) . Bob is a CPA and CGMA, and has more than 38 years of senior management experience in the Cellular, Cable TV, Satellite, Internet, Professional Sports and Entertainment Industries. Bob is also the President of the Professional Scripophily Traders Association (PSTA).
For more information on Scripophily.com®, visit http://www.scripophily.com, http://www.scripophily.net, http://www.oldcompany.com or call 1-703-787-3552.
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Bob Kerstein, Scripophily.com, http://www.scripophily.net, +1 703-787-3552, [email protected]
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