hi everybody ed skorsky here from bring
back to memory and our company myself
and my daughter Junaid we buy and sell
collectables and we also one of the main
things that stock certificates and
today's title is finding the value of
stock certificates part 2 in the first
part we talked about the seven factors
that go into valuing stock certificates
and I just want to quickly review what
those are before we go into today's
today's video and they are the scarcity
or rarity of the certificate the second
one is the appearance of the certificate
the third one is the industry some
industries are more popular than others
the next one is the artwork or the
vignette of the stock certificate not
all certificates have vignettes but the
ones that are collectible usually do the
next one is the age of the stock
certificate then there's the condition
of the stock certificate whether it's in
pristine condition very good condition
or in poor condition with marks on it
tears or anything like that and finally
whether or not the certificate has any
signatures of famous people okay so
those are the things that enter into
finding the value of a stock certificate
now we're going to talk about how to put
a numerical value on your stock
certificates now why would you want to
do that well from us from a buyer
standpoint if you find a certificate
that you really like in it you want to
collect you want to have a general idea
of how much you want to pay for it okay
and remember like we said before these
these don't have a exact value their
value is only what's what someone's
willing to pay for it in bed words it
follows the laws of supply and demand
and again don't forget these
certificates are all canceled so they
have no intrinsic value you can't trade
them in for currency their value is only
as a collectible right so now how do you
find out what a we don't what we should
what you should pay for it well the
first thing is price guides now there
are some price guides for stock
certificates
I'm going to show you a few here's one
this is 2005 so it's 15 years old
it's by Fred fall the third and there's
a more recent addition okay so I think
it's 2015 and basically this contains
mostly a list of different companies and
its many different industries and again
because this is pretty old
it really does not have a really good
idea of the value today but yet it's so
useful because it can you can compare
like if you see once we threw this value
at five dollars and another one is
valued at $50 you can be pretty sure
that one the one is more valuable than
the other
now here's another price guide this one
I think it's 2002 and it's a the thing
about this again it's many different
industries but the thing that's really
good about this one is it's got a lot of
pictures and I think that's the main
value of the price guide like this
because you can see the pictures and as
you go through this you can look at
certificates and say oh gee that's a
great one I'd like to have that based on
the artwork and whatever you you value
in it and from that you can then search
for it and try to find it okay again
it's older so the price that they have
in there really doesn't help you too
much because it's not necessarily the
price of what it's worth today now the
last price guide that I want to talk
about this is a collectible stocks and
bonds from North American railroads by
Terry Cox and this is really a great
price guide for railroads okay and this
is a pretty recent it was written and
it's the third edition and is written in
2018 and it's has a very extensive list
of railroads and not only that there are
pictures pictures of the certificates
both stocks and bonds it mentions not
only the company itself but all the
different varieties that exist and
different things about the certificate
like whether it was issued and canceled
or maybe it was maybe it's one issued
and
there's some stock certificates that
they exist but they were never sold to
anybody so that makes a big difference
now some people don't want certificates
that have never been issued other people
do because they're usually in pristine
condition so it all depends on what you
want to collect but again this is a
great book for value when you stock
certificates alright so basically the
final thing to find values is auctions
in-person auctions you can you know some
boxing companies put out catalogs
telling you what they item sold for and
for the Intel and of course there's the
online auctions with an eBay of course
the biggest of that and that's a great
way to find out what a certificate is
worth would it actually sold for and so
you can look up a certificate on eBay
and find out what it sold for yesterday
and that's a pretty good indication of
what it's worth because that's what
somebody paid for yesterday so I would
say that of all of those ways to
determine value that is probably the
best way although you know nothing is
perfect but that's it that's a pretty
good way to determine value okay thanks
for watching our videos and hopefully
you you know in gained some knowledge on
this and this will help you in finding
she Tiffany said you want to collect and
finding out where you get them and how
much to pay for okay thanks for watching