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.


Became territory: January 11, 1805
Became state: January 26, 1837

Michigan is an "average" state in that the number of state specialists and the number of available certificates seems balanced. Extreme rarities tend to represent smaller operations located in the Upper Peninsula and the mining-related operations in the west. Like many other states, small, captive railroads were intrinsic to the state's logging operations, but they are poorly represented by certificates.

With numerous design elements, the Michigan seal offers a wealth of vignette variations on stocks and bonds. The main element is a central shield with a frontiersman and gun on a peninsula of land with the word Tuebor (I will defend) above. Below shield is state motto, Si quaeris peninsulam amoenam, circumspice (If you seek a pleasant peninsula, look around.) Left and right are standing elk and moose. Eagle above shield with e pluribus unum on ribbon above.



See images and descriptions of other state seals:


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.

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