Countersign Stock Certificate Made Easy

Countersign stock certificate

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