I tend not to be much of a collector, I have several collections of things where three or four items is the extent of what I have. I own a Boston Celtics certificate, a Yahoo certificate (I talked about this in a video post a few months ago when I bought it) and a certificate for the Jerome Mining Company (Jerome is a neat little town near where we live) that is pretty old.
This first picture is from the article. The Moosehead is pretty neat. Apparently Four Wheel made trucks for the military in WWI that could be converted to go along the railroad if need be.
The Buffalo $10 bill is my favorite currency. Years ago there was a catalogue of WallStreet stuff that had this for sale. Anyone remember what I'm talking about? I seem to remember it being for sale back then in the low five digits. Last January we went into the collectible currency store in Palm Beach and they had one for sale and the price had seven digits, yikes!
I actually have this baseball card. I think it is hysterical. Just a fun post to get us through the monotony of Bernanke day.
3 comments:
I've come so close to collecting a few stock certificates. I'm not sure why I've never done it.
Two thoughts:
I was the executor of an estate that contained over 9000 collectibles from trains to laser discs to dolls to Christmas Ornaments. It was a nightmare, even with advice from Sotheby's and a recommended attorney in the field. Three years later, I finally litigated the auction house out of business and put the owner in bankruptcy for gross mismanagement. The attorney escaped with my blessing after a reasonable "donation" to the estate. And no, I was not going to waste time doing EBay....and open myself up to litigation from heirs claiming that fair value was not achieved. Do yourself and your loved ones a favor. Enjoy collecting but get rid of the stuff before you kick the bucket.
On a positive note, I bought an uncirculated stock certificate circa late 1920s last year for my mother as a gift for her 99th birthday. It was from the company my father worked for over 45 years as a repairman. The McGraw Edison Company stock certificate came framed with an interesting history of the company and was guaranteed authentic by a respected appraiser. You can google a few dealers in unique stock certificates. I found the experience first rate (but I would not try to trade them or consider the process an investment).
I have 25 shares of Grigsby Grunow that my father bought in 1930 as his first and only stock investment. Worthless, yet priceless to me. A reminder of what may be in store for investors.
T
10 years ago or so I collected a few dozen railroad certificates from the 1800's. Fun to see the designs and to own such old stock certificates. I don't expect any return from it, just some fun to supplement my interest in the market.
Post a Comment