Stock and bond certificates make a terrific gift and the holiday season
Fairfax, Virginia (PRWEB) December 04, 2015
Scripophily.com®, the Internet’s largest buyer and seller of original stock and bond certificates, has seen an uptick in interest this year for people looking for a unique gift for that someone special. The increase in activity of 4 million page views and 1.1 million unique visitors is primarily due to interest in the historical significance and beauty of stock and bond certificates as well as their relative scarcity according to Scripophily.com’s CEO and Founder, Bob Kerstein. “Physical stock and bond certificates are a permanent history of business representing a cross section of the financial markets we know today. Stock certificates are becoming an artifact of the past as the world becomes more digitized”
Certificates are collected and given as gifts because of their historical significance, beauty and artwork, autographs, notoriety, as well as many other factors. Old Greek, Chinese, Confederate and Panama Canal bond certificates have been very popular this year. In addition, scandals like Lehman Bros. and Enron, and stock certificates signed by John D. Rockefeller and other famous businessmen continue to be our top sellers.
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 physical stock and bond certificates by stock exchanges and the Securities and Exchange Commission, a process called “dematerialization.” Stock certificates can now 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, the supply of paper stock certificates is significantly reduced.
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.
Scripophily.com also owns and operates OldCompany.com, which researches old stock and bond certificates to help determine redeemable value. Our Old Company Research Service has been providing continuous old stock and bond research services 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 a stock certificate has no redeemable value, it may have collectible value," according to Bob Kerstein, Founder of Scripophily.com and Old Company Research.
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 is also celebrating its 19th successful year on the Internet and has over 17,500 selections in its online store. This past year was an impressive period for Scripophily.com and OldCompany.com with over 1.1 million visitors and 4.0 million page views.
Scripophily.com has items on loan for display in the Smithsonian’s Museum of Financial History in New York. The company has been featured on CNBC, CNN, USA Today, Associated Press, Reuters, Nightline, Today Show, Baltimore Sun, and Washington Post and in many other media publications.
Scripophily.com was founded by 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).