Collectible Stocks and Bonds from North American Railroads     by Terry Cox

A guidebook and catalog of prices
(I neither buy nor sell stocks and bonds)

Search this website for information about collecting stocks and bonds.


Search the Coxrail database for descriptions of 23,700+ certificates from over 7,400 North American railroad companies.

Dealers of certificates

Links to dealers who sell collectible

This page includes all dealers who routinely carry North American railroad stocks and bonds. Please understand, this listing is a FREE service.

To be listed here, dealers MUST

  • routinely sell North American railroad stocks and bonds and
  • issue catalogs or lists, or
  • have a web presence, or
  • sell at shows, or
  • conduct live or mail bid auctions, or
  • otherwise do business as a professional dealer through want lists and other communications.

Because more and more dealers are selling on eBay full-time, I began listing eBay-only dealers in January, 2015. However, because many sellers are on eBay for only short periods of time, I list eBay sellers under a narrow range of conditions. To be listed on this page, eBay sellers must:

  • maintain an eBay store site.
  • offer an average of at least 50 certificates from North American railroads.
  • list items in categories (500 items in a single category is a junk yard!, not a store.)

I have very strong opinions about customer service. For that reason, I detest eBay policies that make it possible, in fact almost mandatory, to sell anonymously and hide behind nonsensical user names. I believe buyers should have the right to know with whom they are doing business. Furthermore, I believe so called 'dealers' should treat their buyers in a forthright manner, with the utmost respect. If I hear of any eBay dealer who is cheating their buyers in any way, they will disappear from this list without ceremony. Period. End of story. I reserve the right to reject any eBay dealer who I feel is not acting in the best interest of my readers.

Since I cannot police dealers' behaviors toward their buyers -- or vice versa -- I must warn that a company's inclusion on this page does NOT constitute an endorsement. A company's absence does NOT mean a negative assessment.

Readers: please, please, please contact me if:

  • you find broken links
  • you know of additional dealers
  • you know a dealer has established a new website or store
  • you know a dealer has closed business
  • you know a dealer has changed addresses, email, etc.
  • you know a dealer is no longer offering railroad certificates in sufficient numbers

I recommend collectors form relationships with dealers. It is extremely important that you find dealers you like. A good relationship is vastly more important than price. Click here for a discussion about high-price and low-price dealers. You may also check the website of the Professional Scripophily Trade Association for links and descriptions of dealers who specialize in selling collectible stocks and bonds.

Attention Dealers. These listings are free, but you MUST you offer a reasonable number of railroad stocks and bonds from North America. If you do, then send me your name, your business name, your logo and a short description of your specialty. Similarly, tell me if you want to be removed.

P-L-E-A-S-E   tell me if any of these dealers are out of business.


Stefan Adam
Adam Historical Shares
PO Box 37 04 26
14134 Berlin

Adam Historical Shares logo

Good selection of high quality stocks and bonds. website features an on-line shop in both German and English. Attractive scripophily-related calendars.

Dick Hanscom
Alaska Rare Coins
551-B Second Ave.
Fairbanks, AK 99701

Alaska & Yukon Stocks and Bonds front cover

The owner of Alaska Rare Coins is also the author of Alaska & Yukon Stocks and Bonds. The book is 344 pages, 8½ by 11 format, soft bound with full color glossy covers. Over 700 listings. Heavily illustrated with over 500 photos. Includes dates and places of incorporation, colors stock issued, descriptions of vignettes, sizes, printers and other information. Additional illustrations include prospectuses and historical photos. Please contact Alaska Rare Coins to purchase.

Americana Enterprises
eBay user name: americanaenterprises
eBay store

Bruce Heiner
American Stock & Bond Investments
PO Box 421
Hunt Valley, MD 21030

Bob Kluge
American Vignettes
PO Box 155
Roselle Park, NJ 07204-0155

Infrequent, geographically-focused listings/offerings for railroad/mining/miscellaneous stocks & bonds, ephemera, gift possibilities. Visit American Vignettes at collectables shows in CT, NJ, PA, VA. Call 908-241-4209 for recorded messages of upcoming events. Always buying early mining stocks.

Antiquariat "Schoene Aktien"
Volker Malik
Neugasse 32
D-91541 Rothenburg ob der Tauber

Stock certificates from a wide range of countries, including the U.S.

Antiquary Partnership
Andrew Paine
United Kingdon

Antiquary Partnership logo

Stocks and bonds from most countries, including the U.S.

Dr. Robert Schwartz
Archives International Auctions LLC
1580 Lemoine Ave., Suite 7
Fort Lee, NJ 07024-5600


International Auctions logo

Preeminent auction company for certificates, coins and currency.

Art on Papers
eBay user name: oakoncan
eBay store

Wally and Lorraine Haine
Atlantic Protective Pouches
1021C Route 37 West
Toms River, NJ 08754
website: e-mail:

Archival Grade Polyester Enclosures including
DuPont Mylar ® D, DuPont Melinex ® 516 , and Reemay ® spunbonded polyester in sizes as small as 1" x 1" up to 60" wide with unlimited length.

Auktionhaus Raab/Kürle
Vor dem Schifftor 2-6
D-63571 Gelnhausen

Auktionhaus Raab-Kurle logo

Regular auctions, available in full color in Adobe Acrobat form. Selection of worldwide stocks and bonds including many from North America.

Reinhild Tschöpe
Auktionshaus Reinhild Tschöpe
Bruchweg 8
D-41564 Kaarst

Auktionhaus Tschope logo

Prominent European auction house, often offering excellent quality North American items, especially autographed certificates.

Vladimir Gutowski
Auktionhaus Gutowski GmbH
OT Eilum
Kattenbeek 3
38170 Kneitlingen

Excellent European auction house with heavy North American content. Some very rare items appear in Gutowski's sales, including items seldom if ever offered in U.S. sales.

David Beach
PO Box 471356
Lake Monroe, FL 32747

Stocks and bonds, autographs. See website for hundreds of railroad certificates. Fixed price brochures available. Hundreds of rarities. Railroads, mining, telegraph, telephone, autos, oils, letters, Jay Gould, Lincoln, and the Vanderbilts.

Michael Weingarten
Benecke und Rehse
Wertpapierantiquariat GmbH
Salzbergstrae 2
D-38302 Wolfenbttel

Benecke & Rehse logo

Prominent German dealer with full-color catalogs. Large periodic auctions through FHW (see listing below.)

Jim Milford

Blue Chip Securities
P.O. Box 20188
San Jose, CA 95160-0188

Brent Brown
Las Vegas NV

Pictorial Stock Certificates logo

Author of Pictorial Stock Certificates. Formely operated web store. Offers better quality illustrated certificates, Chinese bonds and Western mining certificates.

Jim Newman
Buttonwood Galleries

Richard Urmstrom
Centennial Documents
PO Box 5262
Clinton, NJ 08809

Whole spectrum of stocks and bonds. Catalogs available.

Mario Boone
Centrum voor Scriptophilie
Kouter 126, 9800 Deinze

Centrum voor Scripophilie logo

Both website and printed catalogs available. Auctions, fixed prices lists, albums, and more. Mr. Boone posts selected past articles from Scripophily, the publication of the International Bond and Share Society (IBSS). See the articles at Mario speaks several languages, so do not be shy about contacting him.

Champion Stamp Co., Inc
432 W. 54th St.
New York, NY 100149

Champion Stamp Company logo
Champion has a huge array of stamps, of course. BUT, it also carries banknotes and good selection of certificates. Contact if you live in New York for items not listed online.

Robert Warren
eBay user name: Collect-a-thon
eBay store

Brooklyn dealer with over 5 million certificates in stock in all specialties. Previously operated The Little Stock Exchange.

Darren Cioffi
P.O. Box 393
Newark, DE 19715-0393

Wholesale Stocks and Bonds
Catalogs available with lots of railroad-related certificates; volume-based pricing. Conducts business on eBay as "gold-coast'.

Hardie Maloney
Civil War Store
212 Chartres
New Orleans, LA 70130

Fixed price catalog. Store near the French Quarter with specialty in Civil War collectibles, but a substantial number of railroad stocks and bonds.

Eric A. Drum
Collectible Stocks and Bonds
P.O. Box 559
Sandston, VA 23150

Corné Akkermans Auctions
Postbus 468
NL-4100 AL Culemborg


Corne Akkermans Auctions logo

Three annual auctions. Recognized as the leading auction house for bonds and shares and paper money in The Netherlands.

Bob Kerstein

Buyer and seller of Confederate bonds. Large selection of Confederate-related material online.

H.J.W. Daugherty
PO Box 1146
Eastham, MA 02642

Primarily a philatelic auction company, but always offers railroad stocks and bonds at reasonable prices.

Shawn Larson
Denver Stock Exchange
PO Box 3891
Englewood, CO 80155-3891

Denver Stock Exchange logo

Eric Jackson Revenue Stamps
P.O. Box 728
Leesport, PA 19533-0728

Eric Jackson Revenue Stamps logo

Great selection of all sorts of revenues, including revenue imprinted paper. Online catalog including large selection of railroad-related certificates, both with and without revenues.

Lawrence Falater
PO Box 81
Allen, MI 49227

Front cover, American Automobile Stock CertificatesAuthor of American Automobile Stock Certificates (BNR Press.) Major stock and bond dealer in many specialties, including railroads, automotive, aviation, utilities, manufacturing, and many, many more.

Mr. Falater is the only dealer I currently know of who still has my FIRST EDITION BOOKS for sale. Please contact him if you do not yet have a copy.

Michael Weingarten
Freunde Historischer Wertpapiere
Salzbergstrae 2
D-38302 Wolfenbttel

Freunde Historicher Wertpapiere logo
One of the top European auctioneers of collectible stocks and bonds. Always offers a large selection of U.S.railroad certificates. Excellent color catalogs available for annual subscription. Easy purchase and shipping for U.S. buyers. Auctions online at

David B. Robinson Postal History
eBay user name: ivymontcpa
eBay store

Theodore Robinson
Frost & Robinson
P.O. Box 814
Richboro, PA 18954

Railroad stocks and bonds with a specialty in oil and mining stocks and bonds. Buys and sells autos, petroleum, turnpikes, autographs, banking, aviation and many other industries. Also municipals.

Francoise Cifré
Galerie Numistoria
76 Rue de Richelieu
F-75073 Paris

George H. LaBarre
George H. LaBarre Galleries, Inc.
PO Box 746
Hollis, NH 03049

George H Labarre Galleries Inc logo

Stocks, bonds, paper money, autographs, buy or bid sales and fixed price lists. Huge selection of all types of certificates ranging from the very common to astounding rarities. Large online selection.

eBay user name: gold-coast
eBay store

Douglas McDonald
Gypsyfoot Enterprises, Inc.
4790 Caughlin Pkwy #500
Reno, NV 89509
website: under construction

Fixed price catalogs, auctions, books. Mostly Western mining-related, but some railroad certificates.

Joachim Hahn
Hahn Historische Wertpapiere
Drosselweg 6
72108 Rottenburg

Hanseatisches Sammlerkontor für Historische Wertpapiere GmbH
Salzbergstrasse 2
38302 Wolfenbüttel

Hanseatisches Sammlerkontor fur Historische Wertpapierelogo

Beautiful, four-color auction catalogs. Auction listings available online. Substantial number of U.S. railroad issues.

HWPH Historisches Wertpapierhaus AG
Matthias Schmitt
Ingelsberg 17b
D-85604 Zorneding

Auction catalogs available in both print and online form. Many U.S. railroad issues. Print editions are almost 200 pages long.

John Heleva
PO Box 375
Fair Oaks, CA 95628

Stocks, bonds, photographs, western Americana. Major show dealer.

Thierry Stäuble
Dychweg 8
4144 Arlesheim


Auctions and online shop covering all world certificates, including U.S. railroads.

Fred Holabird
Holabird Western Americana Collections
3555 Airway Dr. #308
Reno, NV 89511

Holabird logo

Large, fully-illustrated, auction catalogs. Primary focus is western Americana, primarily mining-related. Almost all sales offer a few railroad certificates and artifacts.

Clinton Hollins
PO Box 112
Springfield, VA 22150
eBay user name: cghollins
eBay store

The hobby is saddened by Clinton's passing on December 6, 2016. Please visit his website for details on the sale of his large inventory.

Clinton Hollins masthead
Large online catalog including hundreds of railroad certificates. Affordable stocks and bonds, usually with multiple-item discounts available. Monthly specials. Also issues frequent paper catalogs. Contact to get on Clinton's mailing list.

Jim Hutzler
PO Box 6563
Alexandria, VA 22306

Buying and Selling
Railroad - Steamship - Airline
Books - Memorabilia - Artifacts
Old Stocks and Bonds

Michael Frings
HWP Archiv Frings
Hermann-Koenigstr. 20
51373 Leverkusen

Willi Frei
A-8384 Minihof-Liebau 143

Historische Wertpapiere Pentenrieder
Norbert Pentenrieder
Hirtenstrasse 3
85250 Altomünster

German language site, with online selection of North American certificates. Accepts Paypal.

eBay user name: old-stocks-bonds
eBay store

Fred Fuld III
Investment Research Institute
5100 B-1 Clayton Rd, #405
Concord, CA 94521

Front cover Antique Stock Certificate Almanac

Online store with certificates in all collectible categories, including railroads. Fred also has a 250-page price guide for all types of certificates titled Antique Stock Certificate Almanac 2005. Please contact him for a copy.

eBay user name: iv_a_stk_fr_u
eBay store

Jay Parrino's The Mint LLC
eBay user name: jp-themint
eBay store

eBay user name: jpm8282
eBay store

Tom Lareau
PO Box 2895
Merrifield, VA 22116-2896

Tom's Vignettes

Scripophily Trader
Antique Stocks & Bonds

Ken Prag
Ken Prag Paper Americana
P.O. Box 14817
San Francisco, CA 94114

Stocks, bonds, post cards, passes, timetables. Publishes catalogs and sells at many California shows.

Malcolm Kurin
PO Box 9537
Wilmington, DE 19809

Wholesale quantities of diversified stocks and bonds. Immediate worldwide shipment.

Mickey's Coins and More
eBay user name: 57mickeymouse
eBay store

Dr. Hugo van der Molen
Wederikweg 114
9753 AE Haren
The Netherlands

Substantial collection of worldwide stocks and bonds, including American streetcar and railroad certificates. Organized by country, specialty, and types of illustrations. (American issues described in English.)

Nonvaleur Shop
Volker Malik
Neugasse 32
D-91541 Rothenburg ob der Tauber

Stocks and bonds from Germany and other countries.
Special focus on certificates from Danzig/Gdansk.

Old Stock Yard Stocks and Bonds
eBay user name: oldstockyard
eBay store

Old West History Store
Jeff J. Daly


Experienced Dealer of
Authentic Early Western Gold Mining Stock Certificates

Own a Piece of the Old West
mostly western mining stocks, but check for related rail issues

eBay user name: rauscs
eBay store

Scripophily Emporium
73 Adams Street Apt A
Hoboken, NJ 07030

Online selection of about 1,000 stocks and bonds including autographed certificates and many railroad certificates.

Frank Hammelbacher
Norrico, Inc.
PO Box 660077
Flushing, NY 11366-0077

Norrico Inc logo
Stocks/bonds in all categories, especially mining, telegraph. Also buying western Americana, Buffalo Bill and Wild West posters. Established 1979.

Old Company Research™
260 W. Broad St.
Falls Church, VA 22046

Old Company Research logo

Research into old companies to help determine: Did the company go out of business? Is the company in business under a different name? Was the company acquired by another company?
How do I get in touch with the current company?

eBay user name: oldmoney4u
eBay store

K. Clifford Priest
PO Box 5114
Elgin, IL 60121-5114

Mr. Priest says, 'If it's paper, I'm interested.' He buys, sells and trades railroad, hotel and steamship certificates of all types. He also deals in pocket maps, passes, financial documents, old business letterheads, enclosures, covers and envelopes as well as checks and other engraved items. Mr. Priest also conducts business on eBay as 'kcp41'.

Professional Scripophily Trade Association

Professional Scripophily Trade Association 

Established 2004, this association is a collection of dealer members who have committed to customer service, education, and highest ethical behavior.

Robert O. Greenawalt
Rails Remembered
PO Box 464
Rosemead, CA 91770

Railroad specialist always interested in trading.

Bob Schell
P.O. Box 222
St. Germain, WI 54558

Antique, obsolete, and modern stocks and bonds. Bob is the organizer for the large February stock and bond show in Washington, DC.

Scott Winslow
Scott J. Winslow Associates, Inc.
PO Box 10240
Bedford, NH 03110

Scott J Winslow Associates Inc logo

Stocks and bonds, autographs, historical documents. Auctions and fixed price catalogs. Online sales. Contact for a free copy of Winslow's comprehensively illustrated mail and phone auction catalog.

Scripofrance Gallery
16 Impasse des Iris
11560 Fleury d'Aude

La Galerie de Scripofrance logo

Huge selection of stocks and bonds from all countries including good selections of certificates from Mexico, Canada and the United states. Very reasonable prices.

Bob & Susana Kerstein
P.O. Box 223795
Falls Church, VA 20153
e-mail: logo

Well-rounded inventory with easy-to-find images and excellent selection of railroad certificates. Substantial amount of background information on companies.

Scripophily Trader
eBay user name: vig
eBay store

Scripovest AG
Volker Malik
Neugasse 32
D-91541 Rothenburg ob der Tauber


Volker Malik
Neugasse 32
D-91541 Rothenburg ob der Tauber


A FREE collectors magazine dedicated entirely to stocks and bonds. Developed in cooperation with HWPH Historisches Wertpapierhaus AG.

Mike Veissid
Director, Bond and Share Dept
Spink & Son, Ltd
69 Southampton Row, Bloomsbury
London WC1B 4ET

Spink & Son logo

Longtime (since 1666!!) dealer in coins, banknotes, and medals. In Jan, 2008, Spink established a new Bond and Share Department with the acquisition of Michael Veissid's Collector's Gallery.

Spink USA

18th floor
145 W. 57th St.
New York, NY 10019

3100 Monticello Ave #925
Dallas, TX 75205

Spink logo

Successor to the R M Smythe Co. and still involved in stock and bond sales through its online and live auctions. See its current auctions by first starting at the main Spink site and clicking on the Spink USA tab.

Stephen Schweikhart

eBay user name: stocklobster
eBay store
e-mail: logo

STOCKlobster masthead

Stock Research Services
Sub of America West
PO Box 100
Cedar City, UT 84721

American or Canadian stock certificate research. Research is my expertise and if I can't tell you the status of your old stock market securities then my stock research service is FREE!

David Strebe Paper Collectibles
P.O. Box 1055
Laurel, MD 20725-1055

Jerry Neuman
Treasure Trove Ltd.
2814 Greenway Dr.
Ellicott City, MD 21042-2525

Treasuretrove Ltd logo
Large inventory of Bank, Air, Auto and Transportation along with Railroads.

Wilson Turner & Lilian Holdstock
Turnstock Collectables
Low Place Farm, Cross Lane
Bishop Norton, Lincs. LN8 2AJ

Paul van der Zee
Wilhelminasingel 36
6524 AN Nijmegen
The Netherlands

oude aandelen logo

Michael Wheeler
W.H. Collectables
24 Ipswich Road
Woodbridge, Suffolk IP12 4BU
Great Britain

Periodic illustrated, fixed-price lists

Sam Withers
PO Box 19916
St Louis, MO 63144

Sam Withers logo
Stocks, bonds, letterheads.

I. Mackert
Katschenreuth 37
D95326 Kulmbach

Fixed pricelist.

Yesterday's Collectible Shop
eBay user name: nomorecaboose
eBay store

Ron Haglund
Yesterday's Paper
2 Terrill Drive
Califon, NJ 07830

Yesterday's Paper logo
Send an email message with corrections, questions or comments about this page.
(Last updated Oct 11, 2015)


Buy the Cox Catalog direct from the author. Catalog cover
$20 + post



Papermental logoHelp support this free site! Please visit my eBay store called Papermental by Terry Cox. My inventory includes railroad passes, railroad ephemera, newspapers, magazines, engravings, and all sorts of paper collectibles.

Please contact me if you have certificates not yet listed. (See How You Can Help.)

I suggest using WeTransfer or similar file transfer sites when sending large files or large numbers of files.

PLEASE contact the many fine dealers listed on my dealers page to buy certificates.