Collectible Stocks and Bonds from North American Railroads     by Terry Cox

A guidebook and catalog of prices
(I do NOT buy or sell certificates on this website)

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.

Links to eBay or other online resources

Yes, information is valuable...
but it is not uniformly valuable.

As a rule, I discourage contributors from sending links to information about stocks and bonds that appear on the web.

It is NOT because I don't want the information. It is because my TIME is usually more important than the information I retrieve.

Yes, I definitely want information. But the best kind of information is information with all the extraneous material removed. I simply do not have the time to follow more than a handful of links, sort through whatever text there may be, not all of it necessarily true, just to find a few rare tidbits. Raw information is interesting, to be sure, but not necessarily as valuable as targeted summations of information a correspondent has found.

I know that contributors mean well. And genuinely so! From their viewpoint, sending links to information on the web is incredibly easy. It seems like a terrific idea to share something they found.

Unfortunately, there is simply too much information on the web. Sending links to web sites and sales is like sending tens or hundreds of sticky notes with page numbers to encyclopedias. It might seem helpful to have bunches of page numbers, but it might take a lifetime to follow up on them.

I once accepted links to websites and sales, but they got out of hand. At one point, contributors were sending over 100 (!) links per week, mostly to eBay sales I had already seen.

What contributors cannot possibly know is the number of hours it takes to retrieve and enter information from links related to eBay auctions. Prior to mid-2006, following up on links cost me seven to eight hours per week in addition to the time I was already spending on this project. And like I said, most of those were links to sales I had already recorded.

I still record certificates that sell on eBay and I have a process. That process gives me an efficiency not possible when forced to follow links one at a time and then respond to correspondents who send them.

You may continue to send links, but I will confess in advance that I probably will NOT deal with them. Even if links are focused directly on stocks and bonds, I may not spend more than a few seconds deciding whether they are worth spending any of my time. If it is a link to an eBay sale, it will need to be extraordinary to attract my attention.

Thank you for your understanding.

Please consider...There are many of you and one of me.
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(Last updated October 24, 2020)


I strongly recommend buying the Cox Catalog 3rd Edition from your favorite SCRIPOPHILY DEALER. Catalog cover
If they do not carry, or are out of stock, you may buy directly from me. Simply click the buy button below.



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.

© Copyright 2021 by Terry Cox