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 Replies: 19 / Views: 6,517 |
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Rest in Peace
10197 Posts |
Always like seeing the vignettes, such artistry...lacking in today's print world. Well, one thing's for sure, they are indeed worthless, even says so:  |
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Moderator
 United States
187862 Posts |
Very nice!  |
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Pillar of the Community
United States
822 Posts |
Yes the Tucker stock is definitely a nice collector item - those retail in the $100 to $200 range.
And GM stock is hardly worthless! It's currently trading around $39 per share. Those both appear to be uncancelled "live" certificates. If you are the direct inheriter, you are looking at nearly $25,000 in value! You need to check with GM stockholder services and make sure these are valid (lost certificates were often re-issued) and what the process is to change ownership after inheriting.
Let us know how it turns out!
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Moderator
United States
187862 Posts |
But that stock is for the original GM, which effectively ceased to exist in 2009. The current GM is not the same after the bankruptcy and liquidation. I believe that stock is indeed worthless. |
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Valued Member
United States
343 Posts |
Well ain't that a ...somethin. Funny how huge corporations can do that.
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Bedrock of the Community
 United States
12477 Posts |
Quote:
But that stock is for the original GM, which effectively ceased to exist in 2009. The current GM is not the same after the bankruptcy and liquidation. I believe that stock is indeed worthless. Believe it or not, I actually did a little research before I commented  , and yes, pre-bankruptcy GM stock is worthless. It's a shame, but true. I would like to think the paper itself is worth something, but I highly doubt there is a shortage of them.  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Pillar of the Community
Canada
586 Posts |
I would also research the signatures, these guys sometimes went on to do other things and correlating them can sometimes add some collectible value.
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Moderator
United States
187862 Posts |
Quote:
I would also research the signatures, these guys sometimes went on to do other things and correlating them can sometimes add some collectible value. Excellent point. |
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Pillar of the Community
United States
822 Posts |
I picked this one up for $20 -- note the original denomination. Actually it's not a fair comparison, since mine is a cancelled bond. But I regularly see GM stock certificates selling in the $5 to $10 range on ebay. Given the background on the liquidation, the Tucker certificate is probably the best of the bunch.  Edited by GregAlex
07/23/2018 01:14 am
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Pillar of the Community
United States
2403 Posts |
Very nice! I really like that Tucker certificate.
Don't have any certificates myself, but we did inherit 350 shares of Daimler Chrysler stock from my father back in 2006. Been sitting on em for years. Haven't checked their value in quite a while.
Edited by MontCollector
07/23/2018 01:39 am
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Bedrock of the Community
United States
12477 Posts |
Quote:
Don't have any certificates myself, but we did inherit 350 shares of Daimler Chrysler stock from my father back in 2006. Been sitting on em for years. Haven't checked their value in quite a while. I would investigate their value. They may need to be converted to have any real value, depending on when they were purchased. Chrysler was all up in the bailout, too, and filed for bankruptcy. I haven't found anything about the value of their older stocks, though. In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
07/23/2018 02:11 am
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Moderator
United States
187862 Posts |
Quote:But I regularly see GM stock certificates selling in the $5 to $10 range on ebay. So they are not completely worthless. |
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Pillar of the Community
United States
2403 Posts |
Quote:
I would investigate their value. They may need to be converted to have any real value Not sure what you mean by converted. They have been put in my name and I do receive dividend checks from them. I just haven't bothered checking what a share is selling for in years. |
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Valued Member
Canada
54 Posts |
If you keep cashing the dividend checks the stock is not worthless and will not be escheated. I've got a single framed share of that GM stock. Not interested in selling it as it still makes good art and a lesson in how any company can fail.
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Valued Member
United States
143 Posts |
Loving the artistry across all of these - frustrating to hear about the "old" and "new" GM causing a total loss of stock value. Thanks for sharing!
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First Page
Posted 07/12/2018 12:54 pm
