What is an old Stock Certificate worth?
What are the different parts of a stock certificate and what gives it a higher or lower value for a collector.
There are many different factors that come into play when considering an old stock certificate. The most common and most important is of course its rarity and quality. However,
there are other important factors:
(1) For stock certificate collectors, certificate decorations is very important - much more than other collecting hobbies such as coins and stamps. (2) Good original signatures from
famous people is a big plus. (3) Stock certificates from known large companies with long histories are more sought after than an unknown small company with a short lifespan.
(4) What industry the stocks belongs to - some industries are more popular than others.
Below, you see Stock Certificate Kastor, issued in Tønsberg, 1912. A nice decorative stock certificate. You can see the faint creases and a weak cross-marking, but otherwise in good quality.
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A - All Stock certificates have different numbers. Lower number means higher value. #1 = high value!
B - Nice drawing increases the value significantly. Stock Certificate decoration means a lot for the value!
C - Who the original owner of the stock certificate can increase value of stock certificate
D - Stock Certificate value when issued.
E - Place and date - where and when the stock certificate was issued.
F - Personally signed old stock certificates increase the value. Copied or printed signatures of famous people does not increase the value of equity letter.
G - Company name, with a little information about the company's purpose.
Cross-makulated or stamp makulated stocks does not decrease the value of the stock certificate because it is considered part of the stock certificates natural history.
Other things that decrease the value: Pin Hole, file hole, Shareholders name cut out, rust from paperclips, stains and creases.