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.

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

Other certificates

Other certificates related to stock and bond collecting

In collecting, you will encounter a HUGE range of documents that fills the gap between stocks and bonds. Additionally, you will find many receipts and temporary documents that functioned as stocks and bonds prior to delivery of the real certificates.

The initial goal in the first edition was to include those miscellaneous items only if they closely resembled stocks and bonds or if collectors might confuse them with stocks and bonds.

With the second edition, I broadened the scope to certificates related to the sale or transfer of stocks and bonds. To be included, they must have PRINTED company names and they must be DIRECTLY related to the sale or transfer of stocks and bonds.

You will, of course, encounter countless peripheral documents that were related to the ownership of stocks and bonds. Some of those documents involve investors and include powers of attorney, voting documents, proxy forms, and communications with companies. Any number of documents might relate to the internal workings of banks, brokerages, clearing houses and trading floors. Still other documents might involve the production of certificates and include things like order forms and communications with bank note companies. Of course, there are thousands upon thousands of proof impressions of vignettes available, not to mention steel plates and lithograph stones involved in stock and bond printing. Don't forget countless numbers of letters and advertising documents that might have involved the sale of stocks and bonds.

And what about documents that are related to railroads and have almost nothing to do with stocks and bonds? Such documents include checks, warrants, freight bills, tickets, passes, train orders, timetables, travel brochures, maps, and receipts of every imaginable description. And then, of course, there are photographs, stereo views, and photo albums.

In other words, there are easily hundreds of different types of documents that are related to railroads. The possible variations of those documents could easily reach into the hundreds of thousands, if not millions.

With sincere apologies to collectors who think I should catalog everything remotely related to stocks, bonds, and trains, I will decline. I absolutely MUST limit my cataloging to stocks, bonds, and other VERY CLOSELY-RELATED documents. Nothing else.

And for those who ask, no, I absolutely do not intend to catalog bond coupons. I am perfectly aware that a tiny handful of clipped coupons have come from rare or non-extant bonds. I don't care. I do not want to imply in any way, shape or manner that individual coupons have value.

My stance is simple. I absolutely do not want to encourage people to destroy perfectly good stocks and bonds for their hopes of making a few dollars selling coupons to unsuspecting beginner collectors. For that single-minded reason, coupons will find no room in this catalog.

Here are links to the types of certificates related to stocks and bonds that I do catalog:.

Scrip

Warrants

Receipts

Temporary certificates

Certificates of deposit

Fractional stocks and bonds

 

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