Monday, October 7, 2013

Don't do this please!

                                                              click image to enlarge.

If you want to ruin a paper collectible probably no better way than to laminate it. For some reason the seller thinks it commands a nice opening bid. Here is the link if anyone has a loose five grand laying around. EBay fantasy.

Saturday, October 5, 2013

Crazy Bidding on the bay.

I don't understand the bidding here. Six known examples in Cox with a R5 rating. Not a rare piece. The buyer paid at least twice what this certificate is worth in my opinion. But I guess if two buyers really want an item money doesn't matter.
Crazy auction here.

Reproduction on eBay

You don't see many reproductions when it comes to stocks and bonds. This is one listed on eBay now. Looking at the pictures I could see a collector mistaking this for real. At least the seller is honest. I don't see the words "copy" or "reprint" on the certificate which the Hobby Proctection Act requires. Buyer beware comes to mind.

Tuesday, October 1, 2013

Rare Addition

                                                               click image to enlarge

This is the first stock of this railroad that has surfaced. This road was chartered as the Atlanta and Hawkinsville RR in July 1886. It changed it name to the Atlanta and Florida railroad in 1887 and opened for business in November 10, 1888. The line ran from Atlanta Georgia to Fort Valley Georgia a distance of 105 mile at standard gauge. It operated for 7 years before it was purchased by J.P. Morgan. More information on this excellent site  Georgia Railroad History.