Saturday, March 04, 2006

Buying 'Worthless' Stock Certificates

A month ago, I attended the Northern Virginia Antique Stock and Bond Show in Tyson's Corner (Falls Church) Virginia. The collecting of old and antique stock certificates is called scripophily. The show was well attended, with about 35 antique stock certificate dealers and a few hundred attendees. There was also an auction of antique stock certificates, some of which sold for fairly high prices. Collecting old stock certificates is a great hobby, especially for investors. One collector told me that he started buying antique stock certificates because his wife told him to. He works almost 18 hours a day, and his wife said he shouldn't work so much and should take up a hobby. So he heard about collecting old stocks and scripophily and started buying. More information about collecting antique stock certificates can be found at: AntiqueStocks.com

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