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<p>[QUOTE=&quot;Squaredeal, post: 2045406, member: 45717&quot;]Decided to jumpstart the collection for Christmas, spent a measly 400 bucks, got a ton of cool ones, Ill post pics as they arrive, I was excited to find a decent amount of high denom bonds, got 2.1m face value jcpenny bond 13 bucks. 100,000 face value bond national steel 1977. A 1969 Rio Tinto bond 14 bucks. 1970 chrysler bond for 3 dollars and 99 cents! Its interesting that before the DTCC officially stopped issuing any paper stock certificates, it was a minimum cost of 50 dollars for isssuance. I assumed the market would value that, but now they wont ever be made. It seems people hyped the mrket up right after hurricane sandy because the DTCC vault in nyc was flooded and many many many stock certs/bonds ruined. Although this has a great effect in the long run, it seems to have frustrated most of the collectors out of the market since then. If you google &quot;dtcc stock certificates&quot; theres like over 10 articles hyping trillions in lost securities. Then silence. Then a year later DTCC formally digitizes as they have planed since 2002. Oh heres a nice tidbit of info to compare paper currency to stocks/bonds, all the fed reserve banks have huge hoards of beautiful notes, theoretically that could be dumped into collectors market if price got too high. DTCC has stated they will destroy all stocks/bonds held in 6 yrs. I almost couldnt believe it when I read it.</p><p>Jul12010</p><p><font size="4"><b>DTCC Reaches Out to Issuers</b></font></p><p>You may not know us, but as the central depository for the United States, we hold in custody an estimated 90% of all U.S. securities valued at $33.9 trillion.”</p><p><br /></p><p>apparently theyve been destroying the old certs voluntarily for years, they had about 30m actual certs in the 90s, and according to this a yr be4 sandy, they were down to 1m certs.&nbsp; <a href="http://www.dtcc.com/news/2011/march/01/certificates-in-dtc-vaults-drop-below-1-million.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.dtcc.com/news/2011/march/01/certificates-in-dtc-vaults-drop-below-1-million.aspx" rel="nofollow">http://www.dtcc.com/news/2011/march/01/certificates-in-dtc-vaults-drop-below-1-million.aspx</a></p><p><br /></p><p>this is a security industry wide , march,2013 thing <a href="http://www.dtcc.com/news/2013/march/12/full_dematerialization.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.dtcc.com/news/2013/march/12/full_dematerialization.aspx" rel="nofollow">http://www.dtcc.com/news/2013/march/12/full_dematerialization.aspx</a></p><p><br /></p><p><b>Accelerate the destruction of non-transferable securities</b></p><p><br /></p><p>The required holding time for the destruction of non-transferable securities is currently six years. (Non-transferable securities are typically those of a company that has become insolvent or gone out of business.) DTC is proposing to reduce the holding time to four years and also will support an industry initiative to better define non-transferable or worthless securities so they can be removed from a client’s account in less than four years.</p><p><br /></p><p>Taken together, I see this as the best investment in collectibles ive ever seen. They are literally going to be voluntarily destroyed. Suddenly very scarce. Try and find any stocks or bonds from L F Rothschild bank, i couldnt find 1 out there anywhere. Lehman Brothers first share issuance went for 33,000 recently. Ok enough hype, certain names, will command those premiums. Rockefellar signature on a standard oil bond went for 100k+&nbsp; &nbsp;&nbsp; Should be very interesting</p><p><br /></p><p>My portfolio returned 33% last yr in stock market and 15% this yr, so i deserve a treat! Merry Christmas everyone, hope to post some photos soon![/QUOTE]</p><p><br /></p>

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