Review of Reviews: Articles on Collecting Stock Certificates, Las Vegas Booksellers, from AbeBooks
- by Michael Stillman
Rockefeller signed Standard Oil stock certificate offered on Abe by James Cummins Bookseller.
By Michael Stillman
AbeBooks recently published an article on "scripophily," the art of collecting stock and bond certificates. These are those decorative old certificates that were used to establish ownership of shares or debt of a company in the days before electronic trading. This is a fascinating way of collecting the business and industrialization of America, or other countries, without requiring a large budget. And, in the ultimate irony, writer Scott Laming points out collecting these stock certificates may well be more profitable these days than buying stocks themselves. I doubt that anyone invested in General Motors, AIG, Lehman Brothers, or, for that matter, the great majority of other stocks, would be arguing that point now.
While any of these artistic certificates look great framed and hung on a wall, there are certain guidelines as to which are more valuable. Some of those of the old industrial giants contain the signatures of yesterday's tycoons, autographs valuable in their own right. You can pick up a Rockefeller or Vanderbilt autograph on these. Legendary companies' certificates are generally more valuable than those of the obscure corporations. Rockefeller's Standard Oil is a case in point. Others may be more valuable because they represent a highly collectible field, such as stock certificates of old railroads.
While most people no longer receive certificates when they buy stocks through a broker, they are still issued for modern companies. Those of spectacular failures, such as Enron or notable dot-com companies, can bring a premium. Confederate bonds are still quite collectible. The South's war debt may never rise again, but the value of its bond certificates might. Other factors in valuation include the face value of a certificate - the higher the better - and that issued certificates are generally worth more than those that were never issued to anyone.
The most expensive stock sales on Abe have been a stock certificate book for Golden Queen Mining and Milling ($1,500), a single share of the North American Land Company, signed by Declaration of Independence signer Robert Morris ($250), an unused certificate for the North Clear Creek Gold and Silver Mining Company ($185), a one-share certificate in the Rosebud Indian Mission ($150), and 100 shares in Joe Namath's Broadway Joe's Restaurant ($99). Think about that last one. The certificate for Broadway Joe's went for the same price as you recently could have purchased 100 actual shares in Joe Namath's Manhattan neighbor, CitiBank. Joe must be smiling.
AbeBooks has some other interesting articles available. Heather Boulding went to Las Vegas and interviewed Bauman Rare Books and Amber Unicorn Books. Bauman's, with shops in New York and Philadelphia, opened in the mall at the Palazzo Hotel last year. This is the astounding new Venice-themed hotel, which features gondola rides along its indoor canals and some of the most exclusive stores in the country. Bauman's is right at home in this setting. Of course, this did not prove to be ideal timing to open along the strip, as the economic downturn has hit Las Vegas hard. Nevertheless, if the number of high rollers stopping by has been somewhat disappointing, Bauman has developed a healthy trade of locals and repeat customers. With Vegas also attracting a lot of conventioneers and other non-gamblers, Bauman's is a good stop for visitors who would actually like to take something home with them.
Forum Auctions Online Sale: The Detective Fiction Collection of John Cooper Ending 7th November, 2024
Forum, Nov. 7: Christie (Agatha). The Thirteen Problems, first edition, The Crime Club, 1932. £15,000 to £20,000.
Forum, Nov. 7: Christie (Agatha). Dumb Witness, first edition, 1937. £3,000 to £4,000.
Forum, Nov. 7: Christie (Agatha). Cards on the Table, first edition, The Crime Club, 1936. £2,000 to £3,000.
Forum, Nov. 7: [Carr (John Dickson)], "Carter Dickson" and John Rhode. Drop to his Death, first edition, Heinemann, [1939]. £600 to £800.
Forum, Nov. 7: Berkeley (Anthony). Jumping Jenny, first edition, Hodder and Stoughton, 1933. £800 to £1,200.
Forum Auctions Online Sale: The Detective Fiction Collection of John Cooper Ending 7th November, 2024
Forum, Nov. 7: Marsh (Ngaio). Overture to Death, first edition, The Crime Club, 1939. £600 to £800.
Forum, Nov. 7: [Day-Lewis (Cecil)] "Nicholas Blake". The Beast Must Die, first edition, 1938. £750 to £1,000.
Forum, Nov. 7: Brand (Christianna). Green for Danger, first edition, signed presentation inscription from the author, John Lane the Bodley Head, 1945. £600 to £800.
Forum, Nov. 7: Christie (Agatha). Murder is Easy, first edition, signed by the author, 1939. £3,000 to £4,000.
Forum, Nov. 7: Sayers (Dorothy L.) Lord Peter Views the Body, first edition, Gollancz, 1928. £6,000 to £8,000.
Desa Unicum, Nov. 13:Chronograph Wristwatches. Precious memories of the 20th Century / Cronografi da Polso. Preziose Memorie del XX Secolo, 2013. €3,000 to €5,000. Starting Bid: €10.
Desa Unicum, Nov. 13: Lanthemann, Joseph. Modigliani 1884-1920. A Catalogue Raisonné, Barcelona, 1970. €320 to €380. Starting Bid: €10.
Desa Unicum, Nov. 13: Warhol, Andy. The Philosophy of Andy Warhol (from A to B and back again), New York, 1975. Signed by the author. €500 to €600. Starting Bid: €10.
Desa Unicum, Nov. 13: Vitali, Lamberto. Morandi: Catalogo Generale. I & II, Mediolan, 1983. €1,100 to €1,300. Starting Bid: €10.
Desa Unicum, Nov. 13: Goldstein, Ann. Christopher Wool, Los Angeles, 1998. €320 to €380. Starting Bid: €10.
Desa Unicum, Nov. 13: Celant, Germano. Piero Manzoni, 1989. €320 to €360. Starting Bid: €10.
Desa Unicum, Nov. 13: Ernst, Max. Oeuvre-Katalog. Das Graphische Werk, Cologne, 1975. €420 to €480. Starting Bid: €10.
Doyle Stage & Screen November 14 & 15
Doyle, Nov. 14-15: A studio-sanctioned Darth Vader Touring Costume from The Empire Strikes Back. $50,000 to $100,000.
Doyle, Nov. 14-15: An original Al Hirschfeld's illustration of the cast of On Golden Pond. $4,000 to $6,000.
Doyle, Nov. 14-15: The largest trove of personal Grace Kelly letters to come to market. $60,000 to $80,000.
Doyle, Nov. 14-15: An Important Archive of Musical Manuscripts of Truman Capote and Harold Arlen's House of Flowers. $40,000 to $60,000.
Doyle, Nov. 14-15: The archive of an original Merrily We Roll Along Broadway cast member. $5,000 to $10,000.
Doyle, Nov. 14-15: Jerry Herman's Yamaha Model C7 Ebonized Grand Piano. $6,000 to $9,000.
Doyle, Nov. 14-15: A large group of Jerry Herman musical posters. $300 to $500.
Doyle, Nov. 14-15: Group of awards presented to Jerry Herman. $300 to $400.
Doyle, Nov. 14-15: Six pages of original art for "The MAD Game of Basebrawl," a complete story published in MAD #167, pages 31-36, June 1974. $3,000 to $4,000.
Doyle, Nov. 14-15: A MAD book made for Al Jaffee, containing original art and writings from many MAD contributors. 2011. $1,200 to $1,800.
Doyle, Nov. 14-15: A Jaffee-themed MAD Fold-In - "What honor should the creator of the MAD Fold-Ins be given?" $800 to $1,200.
Doyle, Nov. 14-15: MAD Fold-In - "What developing news story has many Americans totally transfixed?" $800 to $1,200.
Bonhams, Nov. 2-12: AUDUBON, JOHN JAMES. Red-Shouldered Hawk. London: R. Havell, Jr., 1829. $2,000 - $3,000
Bonhams, Nov. 2-12: STEWART, WILLIAM DRUMMOND, SIR. Altowan; or, Incidents of Life and Adventure in the Rocky Mountain... New York, 1846. PRESENTATION COPY. $800 - $1,200
Bonhams, Nov. 2-12: WILLUGHBY & RAY, JOHN. The Ornithology of Francis Willughby in three books... London, Martyn, 1678. $800 - $1,200
Bonhams, Nov. 2-12: SUSAN B. ANTHONY. Autograph Quotation Signed, on equal rights "for men and women," Rochester, 1898. $1,000 - $1,500
Bonhams, Nov. 2-12: FRANKLIN, BENJAMIN. Autograph Letter Signed integrally to Le Comte de Milly arranging a meeting with M. Broignard, Passy, 1778. $10,000 - $15,000
Bonhams, Nov. 2-12: FRANKLIN, JEFFERSON, & ADAMS. Mansucript Signed by all three architects of the American ideal, requesting a Treaty of Amity and Commerce. $750,000 - $1,000,000
Bonhams, Nov. 2-12: LINCOLN, ABRAHAM. Endorsement Signed, a pardon for a Confederate soldier, February 6, 1865. $4,000 - $6,000
Bonhams, Nov. 2-12: NAPOLEON FORMALLY RATIFIES THE LOUISIANA PURCHASE. Document Signed ("James Monroe," "Robt. R. Livingston" and "Barbé-Marbois"). $100,000 - $200,000
Bonhams, Nov. 2-12: JAMES MONROE ON THE DIFFICULTIES OF JAY'S TREATY. Autograph Letter Signed to Thomas Pinckney, Paris, January 17, 1795. $15,000 - $25,000
Bonhams, Nov. 2-12: GIDEON WELLES FIRST HAND ACCOUNT OF FORT PICKENS AND FORT SUMTER ON THE EVE OF CIVIL WAR. Autograph Manuscript, 44 pp, c.1870. $4,000 - $6,000
Bonhams, Nov. 2-12: SIGNED BY BORGES. Labyrinths: Selected Stories & Other Writings. 1962. First book publication in English. $4,000 - $6,000
Bonhams, Nov. 2-12: LORENZO DOW TURNER'S COPY. LOCKE, ALAIN. The New Negro: an Interpretation. 1925. $1,000 - $1,500
Forum Auctions A Visual and Historical Voyage into the Ottoman World: The Library of a Gentleman 14th November
Forum, Nov. 14: Preziosi (Amedeo). Stamboul: Recollections of Eastern Life, first edition, Paris, Lemercier, 1858. £6,000 to £8,000.
Forum, Nov. 14: Mayr (Heinrich von). Malerische Ansichten aus dem Orient. Vues Pittoresques de l'Orient, first edition in the original 10 parts, Munich, Paris & Leipzig, [1839-40]. £10,000 to £15,000.
Forum, Nov. 14: Lewis (John Frederick). Illustrations of Constantinople, made during a Residence in that City &c. in the Years 1835-6, first edition, [1838]. £6,000 to £8,000.
Forum, Nov. 14: Dodwell (Edward). Views in Greece, first edition, ordinary format, Rodwell and Martin, 1821. £8,000 to £12,000.
Forum, Nov. 14: Cassas (Louis François). [Voyage Pittoresque de la Syrie, de la Phoenicie, de la Palæstube et de la Basse-Égypte], 3 vol., first edition, [Paris], [1799]. £8,000 to £12,000.
Forum Auctions A Visual and Historical Voyage into the Ottoman World: The Library of a Gentleman 14th November
Forum, Nov. 14: La Chappelle (Georges). Recueil de Divers Portraits des Principales Dames de la Porte du Grand Turc, first edition, Paris, 1648. £8,000 to £12,000.
Forum, Nov. 14: Fossati (Gaspard). Aya Sophia Constantinople as recently restored by order of H.M. the Sultan Abdul Medjid, first edition, ordinary format, 1852. £6,000 to £8,000.
Forum, Nov. 14: Pertusier (Charles). Promenades Pittoresques dans Constantinople et sur les Rives du Bosphore, 4 vol., inc Atlas, first edition, Paris, H. Nicolle, 1815-17. £6,000 to £8,000.
Forum, Nov. 14: Brindesi (Jean). Souvenirs de Constantinople, first edition, [Paris], [1855-60]. £4,000 to £6,000.
Forum, Nov. 14: Le Bruyn (Cornelius). Voyage au Levant, first French edition, Delft, Henri de Kroonevelt, 1700. £3,000 to £4,000.