Guidelines Scripophily








baltimore , ohio railroad


there many factors determine value of certificate. these include condition, age, historical significance, signatures, rarity, demand item, aesthetics, type of company, original face value, bankers associated issuance, transfer stamps, cancellation markings, issued or unissued, printers, , type of engraving process.


condition - grading scale used in stocks , bonds shown below. speaking, however, grading not used in hobby strictly in coins , stamps. people acquire certificates artwork , history.



uncirculated - looks new, no abnormal markings or folds, no staples, clean signature , no stains
extremely fine - slight traces of wear
very fine - minor traces of wear
fine - creased clear signs of use , wear
fair- strong signs of use , wear
poor- damage heavy signs of wear , staining

age - older more valuable, not always.


historical significance - product did company produce? first car, airplane, cotton gin, etc. company successful? fraud? in era (i.e. during war, depression, revolution) item issued?


signatures - did famous or infamous sign certificate?


cross collecting themes - sports, finance, automotive, , railroad enthusiast interest.



h. j. heinz company


newsworthy - companies in news (good or bad).


certificate owner s name - certificate issued famous or famous company?


rarity - how many of certificates issued? how many survived on years? certificate low number?


demand item - how many people trying collect same certificate?


aesthetics - how certificate look? in vignette? color of ink used? have fancy borders or writing on it?


type of company - type of company issued for? industry still exist? has industry changed lot on years?


original face value - how stock or bond issued for? usually, larger original face value, more collectible is.


bankers associated issuance - worked on fund raising efforts? famous or famous bank? bank still in existence?


transfer stamps - certificate have tax stamps on - imprinted or attached? stamps valuable or unusual?



specimen stock certificate


cancellation markings - cancellation markings interesting item? detract or add history , looks?


issued or unissued - item issued or unissued? certificate printer s prototype stamped word specimen ? usually, issued certificates more valuable , desirable.


printers - printed certificate? famous printer?


type of engraving process - how certificate made? hand? wood engraving? steel engraving? lithograph? preprinted form?


paper - paper use in printing high quality or low quality? has held on time? have watermark prevent counterfeiting?







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