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.

All certificates known for
PEN-653, Pennsylvania Poughkeepsie & Boston Railroad Co

Abbreviations used on this page.
Frequency of appearance codes (formerly "rarity codes.")
Frequency of appearance explained (long discussion)
What if you find certificates "not in Cox"?
How do these prices compare to eBay prices?
Predicting prices of collectible certificates.

Click or icons to examine characteristics one characteristic at a time. Click "Show ALL" to see descriptions of all varieties at once. Click prices to see more details. Click # to see all recorded serial numbers. Click thumbnail certificate images to see larger images of individual certificates. Click any email link to contact me with comments, additions, corrections and image contributions.

Data current to Thursday, March 16, 2023. The database is updated on or about the 1st and 15th of each month.     Click HERE to see images of ALL varieties currently contributed for the Pennsylvania Poughkeepsie & Boston Railroad Co.

If you find this online catalog helpful, then it is your turn to help others by contributing images YOU have.

    • capital stock - passenger train approaches l-r in circle, $50 par, '18--', by Homer Lee Bank Note Co
      • capitalization changed to $2,000,000 by rubber stamp
            BROWN and RED, odd sh  [F7]     #  

    • bond - stag top left, vertical format, 1st mortgage, bearer coupon, 6%, 50-yr, 1889, due 1939, by Homer Lee Bank Note Co
    • bond - circular wharf scene top right, loco #37 l-r at wharf in circle left, large capital letters in title, vertical format, 2nd mortgage, bearer gold coupon, 6%, 20-yr, 1890, due 1910, by New York Bank Note Co
            BROWN, $1,000  [F4]     #  


IF you find this site helpful, then I ask that you help by reporting mistakes, broken links, misspellings, and any other problems you find, no matter how trivial they may seem. This is a one-person operation. The site lists over 33,000 companies, over 26,000 certificates, over 44,000 images, and well over a million words. It is utterly impossible to check everything. I need YOUR HELP.

tcox @

Please see
HOW TO SEND COPIES if you have unlisted certificates, better images or more details.

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