If These Shirts Could Talk: The Tantalizing Tales Behind Used Clothes
Jockeying for Position: How Boxers and Briefs Got Into Men's Pants
Gloriously Grotesque 19th-Century Pipes
In the Hot Seat: Is Your Antique Windsor a Fake?
Love at First Kite: How Pizza and Pente Led to One Oklahoman's High-Flying Obsession
Blood, Sweat, and Steel: My Afternoon with the Ace of Swords
'The Great Gatsby' Still Gets Flappers Wrong
Say Ahhh: An Oral Surgeon's Quest to Reimagine the Garage-Band Guitar
Forget TV Pickers, Meet the Real Mavericks of the Antiques World
Coveting The Craziest Cat-People Collectibles
Posted 2 years ago
bahamaboy
(225 items)
My paternal grandfather paid $500 for 5 shares in this tool company in 1921. This was a huge amount of money back in 1921. This company ended up going "belly up" in the crash of 1929, ending all future purchases of stock by granddaddy. I remember him telling the story of this buy and how, had he got out just a few months earlier, these 5 shares were worth a little over $1000 a share. Just goes to show what greed and wanting to make just a little more will do to a persons investment. I have not investigated to see if this certificate may be one that another company took over the assets of this company and thus this $500 could be worth a substantial amount more than the original $500. The more I think about it, the more it makes me want to investigate it. It sure would be nice to find out GE or Lockheed Martin now owns the assets of this former company and thus the stock is worth millions of dollars today. Talk about "hitting the lottery".
Stock and Bond CertificatesThe term "scripophily," a hybrid of English and Greek, describes the collec…