Richmond, VA, March 10, 2008 --(PR.com
)-- As paper stock certificates are phased out for more cost efficient electronic trading and records, the financial art of stock certificates is becoming a rarity. Today, companies are no longer required to print paper stock certificates and brokers can electronic records. Statements come online and via email. Paper stock certificates are obsolete or are they?
OldStocks.com preserves the history of Wall Street by selling authentic old stocks and bonds from famous companies. The company even sells certificates from companies that are no longer in business like Studebaker and Pan Am. Of course, the certificates no longer have investment worth but are rapidly increasing in collectible value due to scarcity. "Basically, you just can't get these anymore and nobody is printing them again." says owner Eric Drum. "We have cornered the stock market, at least, the stock certificate market."
Prices range from a few dollars for common, modern piece to thousands of dollars for the most elaborate or rare. Old stocks and bonds vary in price due to demand for collecting themes such as autographs, sports, railroad, mining, automotive, and scandals. Along with the rarity, it is the growing collecting interest has caused the hobby to explode in recent years. The growth is worldwide as many collectors are in Canada, Australia, Germany and the United Kingdom.
OldStocks.com has recently added real, live stock certificates for single shares that can be given as a gift or put in one's own name. This product line is geared towards visitors who are capturing the history of today. Over 100 companies are available to get one share, framed on one's wall. To name just a few, certificates include Disney, Microsoft, Apple, Starbucks, Dell, Martha Stewart, Coca-Cola, McDonalds, Tiffany, and Yahoo. Upon purchase, customers become a shareholder in that company with the stock certificate to prove it.
To provide even more interesting items for visitors, OldStocks.com sells investment books and hobby guides for collecting stocks and bonds. The site provides plenty of free information on researching old stocks that have been found or inherited. If there is no investment value, OldStocks.com provides free estimates on collectible value. To research for investment value, the site has displayed free links for stock investigation. Additional pages cover basic investment fraud and basic investment guidance.