Hello! I hope everyone is enjoying their summer. We had an interesting find from some customers and I'm trying to figure out what these are, their worth and where they came from. Does anyone have any expertise, information or referrals to identify these things? All information is helpful, thanks! -Coins Since 1994
I would probably refer to them as stocks and not notes. @gsalexan is the resident expert on these, maybe he will see the thread and advise you on how to research these online.
Hard to tell, but those shares may have never of been sold/redeemed (looks like the last one has). If these are your relatives, you may be able to get paid the traditional way if they have no major collectible value. I got paid on some stock certs of my Dad's he bought in 1979 or so. The company was acquired multiple times since he purchased them and he had no idea what to do. He said I could have them and keep any money from them. I did some research and follow up and ended up getting about $500-700 out of them.
I really like stock certificates, the art work and colors used are just gorgeous ! I do have a few and will post them, the cancelled railroad stocks seem to be the Most popular.
If these had been redeemed they would have punch or ink stamped cancellations on them, front and/or back. I see no evidence of that here. "Assessments Paid" may refer to any charges incurred for registering these with the state but not necessarily mean they were redeemed. Well worth looking into for possible redemption if this is still possible. But might take a lot of leg work. Keep us posted on anything you find out.
Good point! First thing you need to do if I remember correctly is identify the state they were issued in (or maybe it was where the company was registered). Each state has a place you can follow up with to see if you can collect the $$$. This can be done with the Interwebs and a phone. Sorry I forget all the correct vernacular with this process of redeeming stocks and trading.
Yep, these are definitely stock certificates. The certifs themselves would be of limited value to collectors. These "penny stocks" didn't have the steel engravings of those that traded on the NYSE and are less sought after, except perhaps by someone in the state they were issued. I can't speak to the real value of the shares, but they don't look cancelled. That doesn't mean these companies survived, tho. Mining companies were always risky ventures and the vast majority went belly-up. If you find out more, let us know!
