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-   -   old stock certificate worth (http://forums.pelicanparts.com/off-topic-discussions/473036-old-stock-certificate-worth.html)

pavulon 05-06-2009 09:58 AM

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

Hugh R 05-06-2009 10:17 AM

Unless the company was bought by another company, probably worthless.

Z-man 05-06-2009 10:21 AM

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.

Mo_Gearhead 05-06-2009 10:26 AM

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.

Dottore 05-06-2009 10:45 AM

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".

masraum 05-06-2009 10:47 AM

Quote:

Originally Posted by Dottore (Post 4648321)
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".

conv piece value there...

pavulon 05-06-2009 01:42 PM

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)?

sailchef 05-06-2009 02:00 PM

The internet could be your freind here.

What was the name of the company, and what did they do?

johnco 05-06-2009 02:54 PM

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

masraum 05-06-2009 03:15 PM

Wow! Very, very cool. Neat piece of history there. Maybe not as cool as thousands worth of old gold coins, but cool anyway.

Dueller 05-06-2009 03:24 PM

Quote:

Originally Posted by pavulon (Post 4648717)
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)?

If you can determine what state the incorporation was in, go to thaat Stae's Sec of Stae website and do a search....will give a starting point.

legion 05-06-2009 04:17 PM

Quote:

Originally Posted by masraum (Post 4648907)
Maybe not as cool as thousands worth of old gold coins, but cool anyway.

Speaking of which, that's exactly what I inherited from my grandfather.

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.

Shadetree930 05-06-2009 04:30 PM

Worthless. The punches indicate redemption.

Sorry

onlycafe 05-06-2009 05:51 PM

put it on flea bay.


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