Showing posts with label old stocks and bonds. Show all posts
Showing posts with label old stocks and bonds. Show all posts

Tuesday, May 24, 2011

Collecting World Currency


Just wanted to share with you more examples of our fabulous selection of world currencies.

Valuable for their artwork and rarity.


 










For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Old Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com A foreign antique stock and bond company.

Sunday, May 22, 2011

Collecting Autographs

It is hard to imagine in this age of facsimile, photocopies and even rubber-stamped signatures that many years ago company officials actually signed the certificates issued by their company. Even the great financial barons like John D. Rockefeller, Jay Gould, Cornelius Vanderbilt and many others actually penned their signatures to make them legal.

Today, those signatures provide the basis for what is unquestionably the most vital determinant of scarcity, desirability, market value, and overall collectibility—namely autograph appeal. In most cases, famous signatures like those mentioned above are obvious and readily recognizable to the most untrained eye.

A little research into an unknown signature often will reap impressive rewards, as the individual may have been a local or state politician, financier, railroad baron, or military statesman with a rich historical past. Tracing a person’s history is a challenge, and an integral and fascinating attraction of the world of scripophily.



Featured John Butterfield (1801-1869) Expressman, financier. Active in New York stage lines, steamboat operation and railroad promotion, organizer of the American Express Co. 1850. 1860’s American Express stock stub signed by J. Butterfield. Light stain but Nice. Only 2 Available. Rare!

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Old Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com A foreign antique stock and bond company.

Friday, May 20, 2011

Preservation of Collectible Stocks and Bonds

Assessment Fund Bond of the Corporation of the City of New York

As with any paper collectible, stocks and bonds must be preserved in the best possible condition. In most cases, items purchased from reputable dealers will be in good condition and will not require any cleaning. However, material found in attics, flea markets, antique shops and the like will often require cleaning. Any dirt or other foreign matter adhering to the paper must be removed.

Carefully wipe the stock or bond very gently with a soft cloth such as cheesecloth, an old cloth baby diaper or a cotton cloth. The cloth may be lightly dampened with a small amount of water, but use extreme caution so there is no streaking or smearing on the document. These types of marks caused by the water are virtually impossible to remove. Always keep in mind that because condition is such an important and integral part of collecting, care should be taken to insure that your cleaning efforts do not cause more harm than good, thus leading to some permanent damage to the stock or bond.

Masking and cellophane tape are seldom found on stocks and bonds. If they are, they can cause serious problems in terms of removal, damage to the paper, and browning. Carbon tetrachloride works effectively in dealing with tape removal. It requires an experienced hand to use this chemical safely and properly, as it is toxic.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Old Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com A foreign antique stock and bond company.

Tuesday, May 10, 2011

Collectible Samuel Jones Tilden Autograph

Samuel Jones Tilden, 1814 – 1886, was the Democratic candidate in the disputed presidential election of 1876, the most controversial American election of the 19th century.

A political reformer, he was a Bourbon Democrat, representing business interests, banking and railroad goals, and laissez-faire capitalism. Tilden worked closely with the New York City business community, worked to keep taxes low, and led the fight against the corruption of Tammany Hall.


$1,000 Railroad Bond. Uncanceled. Samuel Tilden, presidential candidate and financier, signature at back, with portrait of Tilden. Price on request. Contact George, 1-800-717-9529 for pricing information.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Old Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com A foreign antique stock and bond company.

Friday, December 10, 2010

Collectible French Stock Certificates

A great collection of 7 different French stocks. Carefully selected with consideration to design, colors, and variety of industries. An especially nice collection with art nouveau, art deco, and 1940's styles.

Dating from 1911 into the 20s, and some 40s. Most with several rows of dividend coupons, something rarely used on American stocks. 7 nice stocks in exceptional condition.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

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

Saturday, October 16, 2010

History of Collecting Old Stocks and Bonds

Ownership in shares of businesses is believed to go back to at least 2000 BC. In Rome in the second century BC there was active trading in the shares of business companies which were legal entities, some of them huge enterprises owning thousands of slaves. These companies faded away during Rome's Imperial period and their like did not reappear until after the Dark Ages.

The modern history of shares dates from the late 10th century AD, in the Italian port of Amalfi, where maritime ventures were divided into shares which were bought and sold, usually by their captains and merchants.

This became the normal way to fund voyages throughout Europe. The Pilgrim Fathers' Mayflower and Sir Francis Drake's global voyages were funded in this way. These ventures were not companies with a legal status independent of their owners, however, but a form of unincorporated partnership.

Pictured: Italian Mining Stock. Coupons at bottom. Only 1 available! Great! Country: Italy
Year: 1849

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

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

The Scripophily Guide by Howard Shakespeare. Reprinted with permission from International Bond & Share Society

Thursday, July 8, 2010

Collectible Kentucky Fuel Company Stock

This classic 1890 stock features an unusual vignette of child running in the snow. So charming! Superb stock in fresh, excellent condition.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

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

Tuesday, July 6, 2010

A Visit To A Stocks and Bonds Convention

Did you ever wonder what a stocks and bonds (aka scripophily convention is like? Here's a brief visit, compliments of YouTube.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

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

Saturday, October 24, 2009

Andrew Carnegie and U.S. Steel

Andrew Carnegie (1835-1919), manufacturer and philanthropist, began his illustrious career as a bobbin boy at age 13, then became a self-taught telegrapher with the Pennsylvania Railroad. In 1853-65, he introduced use of the Pullman sleeping cars, organized the military telegraph department, and was active in transporting troops during the Civil War. After leaving the railroad, he focused on iron and then the steel industry. His policy of “putting all his eggs in one basket, and then watching the basket” was extremely successful.

By 1889 steel production in the U.S. was first in the world, and in 1901 he sold his company, Carnegie Company to the U.S. Steel Corporation for $250 million. The Carnegie Foundation of New York donated millions to scientific research, the advancement of teaching, the furthering of international peace, and the reward of heroic acts. The foundation is well known for building public libraries.

This historic bond is dated 1901, the very year that he sold his company. This beautiful $100,000 5% United States Steel Gold Bond is issued to Andrew Carnegie, but not signed. The rarity of Carnegie stocks and bonds is well known. A while back, two signed examples of this bond were sold to collectors at $125,000 per bond! Neatly stamp and hole cancelled. The graphics and cranberry red color are truly exceptional. Fresh, excellent condition. A portrait of Carnegie is included. If I had to pick the top 10 U. S. stocks or bonds of all time, this would be one of our top choices!

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Sunday, October 18, 2009

Collectible Home Charles Best & Frederick Pabst - Philip Best Brewing Co.

Frederick Pabst and Charles Best Jr., Brewers both signed this 1873 Wisconsin stock. The stock is issued to Frederick Pabst and is signed twice, once at the stub and at the back. Nice double vignette of the Empire and Southside breweries, the company’s two breweries in Milwaukee.

This company is the forerunner of what eventually became Pabst Brewing Company. Jacob Best was among the first brewers to engage in the business in Milwaukee, Wisconsin, establishing a plant in 1844. His son Phillip rose to take control of the brewery by 1860, and ultimately retiring in 1864, leaving it to his son-in-laws, Emil Schandein, who signs as Vice President. With Fred at the helm of the company, Pabst rose to become the largest brewery in the world by the turn of the century.

Stocks of significant breweries of this caliber signed by the early important brewers in the U. S. are extremely rare and this represents a nice opportunity to acquire an important certificate from this industry. Brewery stocks are very popular. This one is in excellent condition.

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Monday, October 12, 2009

Jay Cooke and the Northern Pacific Railroad Company

The nation was slowly healing its wounds and recovering from the disastrous effects of the Civil War. Visionaries of the period looked to the future and the opportunities available in a recovering nation's expansion. Naturally so, men of stout hearts looked west. Thus, it is no surprise that the man who successfully orchestrated the Union effort in selling bonds to finance the war turned his eye toward his next great challenge, the resurrection of the Northern Pacific Railroad.

After years of failed attempts at financing the road, the future of the company lie in doubt. Jay Cooke arrived on the scene, successfully lobbying Congress for legislative change which would facilitate his grand plan for financing the construction of the road. Thus the first tracks of what would become America's second transcontinental railroad were laid. As construction continued, rising costs necessitated the need for constantly growing amounts of capital and Jay Cooke boldly took the lead. His optimism for the costly project exceeded even his firm's abilities to muster the financial resources to continue in the face of ever-increasing fears of failure by the banking community.

Ultimately, with Jay Cooke & Company's fortunes closely tied to the Northern Pacific Project, the firm failed and was forced into bankruptcy and in some part, contributed to the onset of the financial panic of 1873.

Sunday, October 4, 2009

Old Stocks - FAQs

Dates are an integral element of stocks and bonds. The first thing to look for is the year of incorporation. It may be located anywhere on the certificate; however, it is not always listed. Next look for the date of issue. Most stocks are partially printed certificates that allowed the company treasurer or other similar official who was overseeing the sale of the shares to simply fill in the issue date. Statements such as “Witness the Seal of the Company and the Signature of its duly Authorized Officer this _________ day of _________, 19__”, would appear on the stock. It might be “18___” if issued in the nineteenth century, or “20__” if a new issue in the 21st century. The necessary information would then be filled in as required. Since relative age or time period figures into collectibility, it is important to have an accurate date.

Also, issued certificates are almost always more desirable tha
n unissued ones. Possible exceptions would be rarities or autographed varieties where the importance of issued versus unissued takes a backseat to more significant considerations, as previously mentioned. Dates may take on even greater importance for the scripophilist when the certificate is dated in a particular period. For example, railroad stocks dated prior to 1840 are rare and particularly desirable in this 1830s decade.

Wednesday, September 30, 2009

William Cornelius Van Horne and the Cuba Railroad Company

William Cornelius Van Horne, 1843 - 1915, began working on railroads in 1857, serving in various capacities on the Michigan Central Railway until 1864, then for the Chicago and Alton Railway for whom he served as the general superintendent from 1878 to 1879.

In 1882 he was appointed general manager of the Canadian Pacific Railway and in 1884 became its vice-president. Rising to president in 1888, he is most famous for overseeing the major construction of the first Canadian Transcontinental Railway. Van Horne considered the railway an integrated communications and transportation system and convinced the directors and shareholders to create a telegraph service and an express freight delivery service as a complement to the railway.

Knowledgeable in nearly every element of the railway industry, including operating a locomotive, Van Horne later became a shareholder of the Cuba Railroad Company. He was also responsible for launching the sea transport division of the Canadian Pacific Railway, inaugurating a regular service between Vancouver and Hong Kong in 1891 on the Empress luxury liners.

He presided over the expansion of the CPR in the luxury hotel business and participated in the design of two of the most famous buildings in the chain, the Château Frontenac in Quebec City and Chateau Lake Louise in Alberta. Van Horne served as a governor of McGill University from 1895 to 1915 and was one of the first in Canada to acquire artworks by members of the French impressionist movement. He built the Van Horne Mansion in Montreal and a large summer estate which he named "Covenhoven" on Minister's Island, adjacent to CPR's resort town of St. Andrews, New Brunswick. The island estate still exists today.

The certificate is beautifully engraved by American Bank Note Co. and is signed by Van Horne as president of the Cuba Railroad Company.

Monday, September 28, 2009

The Frederick R. Mayer Collection

One of the key collectors of Confederate bonds in the U.S. in the 1980s and 90s was Frederick R. Mayer of Denver, Colorado. It was his “world class” collection of Confederate bonds that he enjoyed. His real goal was to create collections that could be turned into books or catalogs, thus adding to the knowledge and pleasure of future collectors. That is exactly what Mr. Mayer accomplished with his extraordinary collection of Confederate bonds. Many of the great rarities were used to provide the plate illustrations in Ball’s Confederate Bonds book.

Recently, we were fortunate to purchase a large segment of Mr. Mayer’s collection of Confederate bonds. These bonds now offered have a rich and interesting history. CSA Government, Bond holders, Confederate Bond Holders Committee-London, The Coutts Bank-London, Sotheby’s-London, Dr. Douglas Ball, Frederick R. Mayer-Denver, and now George H. LaBarre Galleries.

If you would like to add to your collection or if you would like to start a collection, this offering will give you an opportunity to buy some great bonds. Please phone 800 717-9529 and ask for George if you would like to build a fine collection of Confederate bonds.

Saturday, September 26, 2009

More On John A. Dix

General John A. Dix also played an important role in national affairs as president of the Union Pacific Railroad. In a letter to President Abraham Lincoln in 1863, Dix wrote: "If the Engineers are ready, it is proposed to break ground on the Pacific Rail Road, on the 1st or 2nd day of next month, at some point in Nebraska, through which, under the Act of Congress, the line will pass. This inauguration of the work will be followed up by early measures to complete, as soon as possible, the grading of one hundred miles of road authorized by the Board of Directors to report under contract. In view of the vastness of the enterprise, and its probable influence upon the political and commercial prosperity of the country, it would be gratifying to receive a communication from you to be read on the occasion."

Thursday, September 24, 2009

Tuesday, September 22, 2009

Civil War Major General John A. Dix

John A. Dix (1798-1879) held a stellar career as Major General during the Civil War, and serving as Secretary of the Treasury in 1861, U.S. Senator, and the Governor of New York.

As Secretary of the Treasury, Dix sent a telegram to Treasury agents in New Orleans ordering: "If any one attempts to haul down the American flag, shoot him on the spot." The telegram was intercepted by Confederates, thus never delivered to the Treasury agents. However, the text did find its way to the press and Dix became one of the first heroes of the North during the Civil War.

Gorgeous stock dated 1850s of the Mississippi & Missouri Railroad Co. An exceptional Southern stock. Very slight hole cancel at signature. Excellent Condition. Scarce!

Sunday, September 20, 2009

Collectible Autographs

It is hard to imagine in this age of facsimile, photocopies and even rubber-stamped signatures that many years ago company officials actually signed the certificates issued by their company. Even the great financial barons like John D. Rockefeller, Jay Gould, Cornelius Vanderbilt and many others actually penned their signatures to make them legal.

Today, those signatures provide the basis for what is unquestionably the most vital determinant of scarcity, desirability, market value, and overall collectibility—namely autograph appeal. In most cases, famous signatures like those mentioned above are obvious and readily recognizable to the most untrained eye.

A little research into an unknown signature often will reap impressive rewards, as the individual may have been a local or state politician, financier, railroad baron, or military statesman with a rich historical past. Tracing a person’s history is a challenge, and an integral and fascinating attraction of the world of scripophily.

Monday, September 14, 2009

Preservation of Collectible Stocks and Bonds

As with any paper collectible, stocks and bonds must be preserved in the best possible condition. In most cases, items purchased from reputable dealers will be in good condition and will not require any cleaning. However, material found in attics, flea markets, antique shops and the like will often require cleaning. Any dirt or other foreign matter adhering to the paper must be removed.

Carefully wipe the stock or bond very gently with a soft cloth such as cheesecloth, an old cloth baby diaper or a cotton cloth. The cloth may be lightly dampened with a small amount of water, but use extreme caution so there is no streaking or smearing on the document. These types of marks caused by the water are virtually impossible to remove. Always keep in mind that because condition is such an important and integral part of collecting, care should be taken to insure that your cleaning efforts do not cause more harm than good, thus leading to some permanent damage to the stock or bond.

Masking and cellophane tape are seldom found on stocks and bonds. If they are, they can cause serious problems in terms of removal, damage to the paper, and browning. Carbon tetrachloride works effectively in dealing with tape removal. It requires an experienced hand to use this chemical safely and properly, as it is toxic.

Tuesday, September 8, 2009

Samuel Tilden Indiana Southern Railway Bond

Samuel Jones Tilden, 1814 – 1886, was the Democratic candidate in the disputed presidential election of 1876, the most controversial American election of the 19th century. A political reformer, he was a Bourbon Democrat, representing business interests, banking and railroad goals, and laissez-faire capitalism. Tilden worked closely with the New York City business community, worked to keep taxes low, and led the fight against the corruption of Tammany Hall.

$1,000 Railroad Bond. Uncanceled. Samuel Tilden, presidential candidate and financier, signature at back, with portrait of Tilden. Price on request. Contact George, 1-800-717-9529 for pricing information.