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.

The differences between stocks and bonds

Most Americans probably have a rudimentary understanding of stock certificates. Millions of people participate in the stock market through mutual funds.

By comparison, relatively few people understand bonds. It is certainly confusing to grasp the concept that higher bond prices represent lower yields. In most basic form, the differences between stocks and bonds are simple:

  • Stocks represent ownership of companies.
  • Bonds represent loans made to companies.

Financial terminology is rich in jargon, so I have added a glossary of stock and bond terms. I also recommend this book, Understanding Wall Street, by Jeffrey Little and Lucien Rhodes. See your local bookstore or (Several editions are available, but earlier editions are much more informative for the types of security instruments we collect.)





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(Last updated October 17, 2012)


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.



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