Saturday, January 30, 2010

What You Need To Know About Collecting Stocks and Bonds - Part 2

VALUE: Back in 1981, the most valuable collectible stock sold for $3,000. This same railroad stock signed by Commodore Cornelius Vanderbilt now sells for $12,000. Stocks currently sell for as much as $130,000. Compare this record price to other collectibles. Single coins have sold for over $4 Million. A stamp can sell in the million dollar range. Autographs have sold for over a million Dollars. One could conclude that quality collectible stocks and bonds represent very good value in today’s market.

• RARITY:
Stocks and Bonds are becoming very difficult to find. Most of our inventory was acquired 10 to 20 years ago. Demand has grown steadily over the years as supply has gone down. It has taken 20 years to build these collections that we can now offer.

• VARIETY: Collecting topics offer something for every taste. Railroads, Automotive, Aviation, Mining, Oils, Communications, Insurance, Banking and Autographs. Stocks and bonds can be collected by state, city, or region.

• FUN: Most importantly, collecting stocks and bonds is “FUN” and most satisfying.

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Thursday, January 28, 2010

Collectible Edwin D. Morgan - Military Appointment

Edwin D. Morgan - Military Appointment

Edwin Denison Morgan, (1811-1883), merchant, banker, New York legislator, and U.S. Senator. He signed this New York State Military Appointment dated 1859 and engraved by Danforth, Wright & Co. Minor irregular toning otherwise Excellent condition. Rare!

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Tuesday, January 26, 2010

Sunday, January 24, 2010

The Art of The Market by Bob Tamarkin and Les Kranz

The Art of The Market by Bob Tamarkin & Les Kranz,
with Commentary by George H. LaBarre

Two centuries of American business as seen through its stock certificates. Author Bob Tamarkin has been nominated three times for a Pulitzer Prize.

This book is fully illustrated in color and is hardbound. You will find exceptional quality throughout. Truly brilliant text and a visual delight. Stewart, Tabori & Chang, 1999, 176pp.

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Friday, January 22, 2010

Currency of Zimbabwe

The dollar is the official currency of Zimbabwe, although due to massive inflation, dollarization has meant other currencies are frequently used for transactions in Zimbabwe instead. The Zimbabwean dollar is subdivided into 100 cents. It is normally abbreviated with the dollar sign $, or alternatively Z$ to distinguish it from other dollar-denominated currencies. It is also one of the lowest-valued currencies in the world.

The first Zimbabwean dollar was introduced in 1980 and replaced the Rhodesian dollar at par. At the time of its introduction, the Zimbabwean dollar was worth more than the U.S. dollar, with ZWD 1 = USD 1.47. However, the currency's value eroded rapidly over the years.

On 26 July 2006, the parallel market value of the Zimbabwean dollar fell to one million to the British pound. The Zimbabwean dollar is now largely irrelevant with the economy being almost completely dollarised. Even the national postal service, Zimpost, is said to be charging customers postage in US Dollars, even though some of the stamps are in Zimbabwean Dollar denomination.

Zimbabwe finance minister, Tendai Biti, said in his first budget report, "The death of the Zimbabwe dollar is a reality we have to live with. Since October 2008 our national currency has become moribund."

On April 12, 2009, media outlets reported that economic planning minister Elton Mangoma has announced the suspension of the local currency "for at least a year", effectively terminating the fourth dollar. Set includes 10, 20, 50, and 100 Trillion Dollar notes. Condition: C.U.

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Wednesday, January 20, 2010

What You Need To Know About Stocks and Bonds - Part 1

HISTORY: Financial history is exciting and fun. Stocks and bonds were used in colonial times, early shipping, railroads, throughout the Industrial Revolution, into the automotive age, the Crash of 1929, and all through the past decades of economic growth. We can enjoy this rich history in collecting stocks and bonds. These documents are truly pieces of history and of great educational value.

• ART:
Engraved printing of stocks and bonds by American Banknote, Franklin Lee Banknote, International Banknote, etc., are considered serious art. They decorate dens, offices, boardrooms, and corporate headquarter buildings.

• TREASURE HUNTING APPEAL:
Collecting stocks and bonds is still so new, one can say “it is still in its infancy.” As a result, there are bargains and little treasures to be found. This is a fresh, new vibrant hobby!

George H. LaBarre Galleries - Collectible Stocks and Bonds.


George H. LaBarre Galleries - Collectible Stocks and Bonds.

Monday, January 18, 2010

Sidney Dillon and the Chicago Canada Southern Railway

Sidney Dillon (1812-1892) railroad builder, financier, built a section of the Boston and Albany in 1840. He built thousands of miles of railroad and was principal contractor for the Union Pacific (1865-69). Dillon served as director of that road and as its president.

This beautiful 1870s Chicago and Canada Southern Railway stock with stub at left border includes attractive portrait of Dillon. Excellent condition. Rare! From the Syracuse University Collection.

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Saturday, January 16, 2010

Collectible American Consolidated Fire Extinguisher Company

In 1867, a patent was granted to Carlier and Vignon, of France, for a portable apparatus that projected water saturated with carbonic acid gas upon to extinguish fire.

Mr. D. Miles, of Boston, purchased the American patent. The first machines sold under the new patent were filled with water and loaded with cartridges of dry acid and bicarbonate of soda. It released 80 pounds of pressure, sufficient to project a stream of approximately 50 feet.

The most important step in the evolution of the modern extinguisher was the adoption of a device for mixing liquid acid with the soda solution by the turning of a handle or screw. This version was much more effective in maintaining pressure.

This certificate features a unique vignette of a fire extinguisher in operation. Issues in Massachusetts, year 1871 Only 1 found, and the condition is excellent!

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Tuesday, January 12, 2010

Collectible Confederate $1,000 Bond

The Confederate States of America (CSA) needed to raise money to finance their effort. The two primary ways to do this was by taxes and debt. In 1861 the Confederacy sold bonds worth $150 million.

This April 30, 1863 Act $1,000 bond with nearly complete coupons, Criswell-138. Bond features a vignette of James A. Seddon.

The bond is signed by Robert Tyler (son of Pres. Tyler). Excellent condition!

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Sunday, January 10, 2010

Chinese Government Reorganization Gold Loan of 1913

We have an outstanding collection of Chinese Government Reorganization Gold Loan Bonds. For pricing incormation contact geprge at 1-800-717-9529. Refer to the FB number.

FB5055. China, 1913, Blue-Red. £100 5% Reorganization Gold Loan Bond, German Bank Issued. Uncancelled. 42-43 Coupons. Many coupons. Important to stress that these bonds have been bought up in recent years and pretty much taken off the market. As a result prices have risen rather dramatically. Excellent Condition!!! Price upon request.

FB5055a. Same 1913, but Blue. £100 5% Hong Kong and Shanghai Bank Issue. 42-43 Coupons. Rare!!! Price upon request.

FB5055b. Same 1913, but Brown £20 5%, German Bank Issue or French Indochina Issue. 42-43 Coupons. Price upon request.

FB5055c. Same 1913, but Green or Brown £20 5%, Russian Bank Issue. 42-43 Coupons. Price upon request.

FB5055d. Same 1913, but Brown £20 5%, Hong Kong & Shanghai Bank Issue. 42-43 Coupons. Rare!!! Price upon request.

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Friday, January 8, 2010

Collectible Florida Panthers Holdings, Inc. Stock

This multicolored 1997 Florida common stock features a great vignette of a stylized panther breaking a hockey stick, plus two very colorful seals.

The Florida Panthers and their Foundation work to build a better future for the children of South Florida. Through philanthropic partnerships, grants, donations and community outreach programs, the Foundation maintains a focus on children’s health, fitness, education and cultural needs.

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Wednesday, January 6, 2010

Collectible $50 Liberty Loan Replacement Bond

This 1918 bond is the only known $50 Liberty Loan Replacement Bond that exists. The Red Star located to the right of the serial number on the bond as well as on each coupon is used to display that this particular serial number did not reach circulation. There was an error somewhere in the process of making the bond, therefore needing to reissue the same serial number, but with a Red Star.

There is only one other known Star Replacement Bond, but in a different denomination. That bond is valued around $25,000. Condition: E.F. with minor flaw

Saturday, January 2, 2010

Russell Sage and the Milwaukee St. Paul Railway

An associate of Jay Gould, Russell Sage (1816-1906), financier, was one of the shrewdest money manipulators of his time. Active in railroads and other promotions, he was best known as a money lender during the last quarter century of his life.

At the time of his death, his fortune was estimated at $70 million. He was credited with invention of the Wall Street practice of "puts and calls."

This stock certificate is very nicely signed by Sage on the front. Hole cancellations hardly affect his signature. An exceptional example.

George H. LaBarre Galleries - Collectible Stocks and Bonds. http://www.glabarre.com