Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest! Check out our Google+!
Username:
Password:
Save Password
Forgot your Password?

Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

I've inherited stock in a gold mine, I think  
 

 
To participate in the forum you must log in or register.
Author  Topic Next Topic  
Pillar of the Community
United States
574 Posts
 Posted 07/11/2018  11:28 pm Show Profile   Bookmark this topic Add janknez to your friends list Get a Link to this Message
An old aunt of mine died a few months ago. These certificates were among her possessions. Worthless, but pretty.




Pillar of the Community
United States
1758 Posts
 Posted 07/11/2018  11:55 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
That Tucker certificate might be collectible. Keep looking, maybe you will come across a few thousand shares of Amazon!
Pillar of the Community
Learn More...
United States
7408 Posts
 Posted 07/12/2018  02:02 am  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
It's a shame those 318 shares of GM are essentially worthless now.
Bad puns make me [sic].

My Want List: http://goccf.com/t/282022
Bedrock of the Community
United States
23038 Posts
 Posted 07/12/2018  04:26 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I think they are all worth something to a collector,are they not?
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
New Member
United States
49 Posts
 Posted 07/12/2018  10:21 am  Show Profile   Bookmark this reply Add jasondbell123 to your friends list Get a Link to this Reply
The Tucker certificate is indeed interesting and more than collectable. They made a movie awhile back about the Tucker car and the small upstart company that eventually was put out of business.

Pillar of the Community
United States
8839 Posts
 Posted 07/12/2018  10:33 am  Show Profile   Check Crazyb0's eBay Listings Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
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:




Moderator
Learn More...
United States
58050 Posts
Valued Member
United States
266 Posts
 Posted 07/13/2018  1:53 pm  Show Profile   Bookmark this reply Add GregAlex to your friends list Get a Link to this Reply
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!
Moderator
Learn More...
United States
58050 Posts
 Posted 07/13/2018  3:36 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
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.
Valued Member
United States
298 Posts
 Posted 07/13/2018  5:42 pm  Show Profile   Bookmark this reply Add SpaceMaNy0 to your friends list Get a Link to this Reply
Well ain't that a ...somethin. Funny how huge corporations can do that.
With all these Barbers around, you'd think I'd have shorter hair.
Pillar of the Community
Learn More...
United States
7408 Posts
 Posted 07/14/2018  12:28 am  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply

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.
Bad puns make me [sic].

My Want List: http://goccf.com/t/282022
Valued Member
Canada
426 Posts
 Posted 07/16/2018  07:42 am  Show Profile   Bookmark this reply Add TheBurnz to your friends list Get a Link to this Reply
I would also research the signatures, these guys sometimes went on to do other things and correlating them can sometimes add some collectible value.
Moderator
Learn More...
United States
58050 Posts
 Posted 07/16/2018  11:18 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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.
Valued Member
United States
266 Posts
 Posted Today  4H 50M ago  Show Profile   Bookmark this reply Add GregAlex to your friends list Get a Link to this Reply
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
Today 4H 45M ago
Pillar of the Community
United States
1999 Posts
 Posted Today  4H 21M ago  Show Profile   Bookmark this reply Add MontCollector to your friends list Get a Link to this Reply
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.
Learning one coin at a time.
ANA Member #3185431
Edited by MontCollector
Today 4H 20M ago
Pillar of the Community
Learn More...
United States
7408 Posts
 Posted Today  3H 50M ago  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply

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.
Bad puns make me [sic].

My Want List: http://goccf.com/t/282022
Edited by spruett001
Today 3H 48M ago
   Topic Next Topic  
 
To participate in the forum you must log in or register.

Coin Community Member eBay Sales

Ending Soon   Newly Listed   Lowest Price   Highest Price   Certified Coins   Certified VAMs   Certified Errors  




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2018 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2018 Coin Community Forums
It took 0.79 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05