Scripophily Collecting Themes - Part II

Scripophily Collecting Themes

Old Stock Certificates - Part II

By Larry Crain, CEO RealStockCertificates.com LLC

Most people collect antique stock certificates by type, or theme, to give a common thread to their collection and to add passion to the search for specific certificates (though most of us also “cheat” and collect others just because we like them).

The Part I article before this one discussed themes of Industry, Geography, Vignette (artwork), Family Relationship (name) and Time Period. Here are some other popular themes:

1. Events, or some portion of one

Examples: Civil War, Confederate Institutions, Volunteer Bounty Bonds, Veterans Organizations

2. Firsts, or among the firsts

Examples: Experimental Aircraft (Custer Channel Wing), Steam Locomotives (Tom Thumb), seminal autos (Willys-Overland Jeep), first electrically wired cities (Cincinnati Edison), companies over a century old (Wells Fargo)

3. Famous Names, issued to or signed by

Examples: Rockefeller, Disney, Remington, Pabst, Houdini, Rothschild, Chaplin, Buick…

4. Extreme Numbers on the certificate

Examples: Bonds for $1,000,000 or more, stock certificates for more than 10,000 shares or less than 10 shares, company capital of less than $1 million, low registration number (three digits or less)

5. Unissued

These are certificates that were never authorized, filled out and given to a share owner. They have usually come from storage and archives of the companies, banks and printers that were involved with the issuance process.

Some people prefer unissued documents because they often are in better condition than “used” certificates. Other collectors prefer issued ones because the names, writing and wear show they were held in people’s hands and used in commerce a century or more ago.

There are literally millions of permutations possible by crossing themes. For example, if your family can be traced to Philadelphia, you might collect issued, canceled (they usually spelled it with one L in the old days) green certificates that have one or two digit registration numbers with portrait vignettes from the 1800’s.

Or, maybe not. If your name is Miller, you could just buy Grandpa a “Millerstown Iron Company” stock certificate, have it framed and give it to him for Christmas. Guaranteed, he won’t get duplicate gifts.

So you can decide on a theme(s), or just browse and absorb and maybe a theme will develop as you learn more about what’s available and what strikes that special cord in you. If nothing else, you will find fascinating insights into the people and things that made this country.

This is one of a series of articles about Scripophily (collecting old stock certificates) written by Larry Crain. Others are available at Scripophily Articles or RealStockCertificates.com. Copying and distribution are welcome as long as proper attribution is made.

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