Bull Market Gains Momentum in Collecting Old Paper Stock and Bond Certificates
As Wall Street breaks records, more collectors want to Occupy Wall Space with mementos of Financial History from Scripophily.com.
WASHINGTON, DC (PRWEB) May 06, 2013
Old paper stock and bond certificates continue to increase in popularity as Wall Street reaches record levels. As the Dow Jones Industrial Average continues to break records, the interest in collecting stock and bond certificates is growing proportionally. Due to the computer age, more and more stock and bonds are issued electronically which means fewer paper certificates are being issued. As a result, demand for paper certificates is increasing while supply is decreasing.
“During the past year we have seen an increase in interest and activity in buying paper stock and bond certificates” said Bob Kerstein, Founder of Scripophily.com and Old Company Stock Research Service. “We are receiving increasing inquiries from our existing customer based as well as interest from new collectors”, Kerstein added. We have also seen increased activity in our Old Stock and Bond Research Services.
Stock and Bond Certificates are collected and given as gifts because of their historical significance, beauty and artwork, autographs, notoriety, as well as many other factors. The supply of new certificates reaching the collector market has been substantially reduced due to changes in state laws and stock exchanges rules. Many companies are no longer required to issue physical stock and bond certificates, a process called “dematerialization”.
In December of 2011, Scripophily.com / Old Company Research Service was extremely honored to be chosen as the successor company to all material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services (Formally R.M. Smythe Research Services). With this acquisition, our Old Company Research Services have been performed continuously since 1880.
On March 25, 2013, Scripophily.com completed its digitalization of old stock and bond research archives and it has been fully integrated with Scripophily.com´s existing Old Company Stock Research Service. With the acquisition and the completion of the research data integration, Scripophily.com now has the most extensive library of any old company stock and bond research service in the world.
Scripophily.com – The Gift of History is the internet´s leading buyer and seller of collectible stock and bond certificates and have items on loan for display in the Smithsonian´s Museum of Financial History in New York. Our company has been featured on CNBC, USA Today, Associated Press, Reuters, Nightline, Today Show, Baltimore Sun, and Washington Post and in many other media publications. The company also offers the World´s #1 old stock research service at OldCompany.com and offers high resolution scans for publications. Scripophily.com has over 17,500 selections on its website.
Scripophily (scrip-ah-fil-ly) is the name of the hobby of collecting old stock and bond certificates. Certificate values range from a few dollars to more than $500,000 for the most unique and rare items. Tens of thousands of Scripophily buyers worldwide include casual collectors, corporate archives, business executives, museums and serious collectors.
Scripophily.com and Old Company Research Services was founded by Internet Pioneer, Bob Kerstein (Bob.com). Bob is a CPA and CGMA, and has more than 37 years of senior management experience in the Cellular, Cable TV, Satellite, Internet, Professional Sports and Entertainment Industries. Bob is also the President of the Professional Scripophily Traders Association (PSTA).
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