![]() |
old stock certificate worth
How might a person best determine the worth (or lack of worth) of stock shares in a company that existed 40 years ago but no longer exists today?
Thanks in advance. SmileWavy |
Unless the company was bought by another company, probably worthless.
|
Is the company completely gone, or was it brought out by a competitor? If it was brought out, you would have gotten a stock swap, where your stocks are traded in for the new company's stock.
If the company went out of business, then your stock is worth a little more than the price of paper it is printed on.... -Z-man. |
There are collectors of such certificates.
The value depends on several factors: Age. How elaborate/unusual the certificate face may be decorated. If the defunct company or original CEO has a known/historic 'cultural value'. If it is perhaps signed by someone 'interesting'. Selling? Try eBay. |
As holder of a 12,000,000 Sterling Chinese Government (Pre-Revolution) Railway Bond, I think I can safely answer your question with "not very much".
|
Quote:
|
These certificates were inherited. Is there a way to determine if a company was sold, evaporated or was sold to a company that then evaporated (or still exists)?
|
The internet could be your freind here.
What was the name of the company, and what did they do? |
sure wish these could be valuable still. each over 100 years old. found in a wall at an old house.
http://forums.pelicanparts.com/uploa...1241650270.jpg |
Wow! Very, very cool. Neat piece of history there. Maybe not as cool as thousands worth of old gold coins, but cool anyway.
|
Quote:
|
Quote:
A few years ago he showed me his proof sets. He's ordered a silver and gold proof set every year since the 50's. I thought that was his coin collection. Boy was I wrong. Way wrong. He had a tall gun safe full of coins. Trays and trays of coins. Thousands of coins. I'm not sure what I'm going to do with them. |
Worthless. The punches indicate redemption.
Sorry |
put it on flea bay.
|
All times are GMT -8. The time now is 04:09 PM. |
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2025 Pelican Parts, LLC - Posts may be archived for display on the Pelican Parts Website