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 Replies: 17 / Views: 5,464 |
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Pillar of the Community
United States
822 Posts |
One of my little sub-collections is stocks and bonds which have (or had) a face value of more than $1 million. Surprisingly few collectors are interested in high denomination material and most of them are in Europe. So every so often I will pick up a big ticket item for a good price. I'll share a couple now and others when I have time. Here's a $14 million bond from the Chrysler Financial Corp.   Here is just shy of a million shares of West Coast Energy, so this certificate would have been worth just over $19.5 million on Sept. 3, 1997, at the closing bell.   |
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Moderator
 United States
187469 Posts |
Lovely examples!  |
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Pillar of the Community
 United States
822 Posts |
Edited by GregAlex
11/08/2019 6:16 pm
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Pillar of the Community
United States
822 Posts |
This one I've posted elsewhere. It's a specimen of a $14.5 million bond. Only one issued example exists and it's possible this specimen is also unique.   |
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Moderator
United States
187469 Posts |
Very nice! |
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Bedrock of the Community
United States
36415 Posts |
Nice! Always great to dream.
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Pillar of the Community
United States
822 Posts |
Edited by GregAlex
11/12/2019 12:47 am
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Moderator
United States
187469 Posts |
Interesting. |
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Pillar of the Community
United States
5029 Posts |
Very nice items Greg! |
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Valued Member
Canada
125 Posts |
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Pillar of the Community
United States
822 Posts |
Another big bond arrived in my mailbox last week. This is similar to one I posted earlier -- and quite possibly unique. It's actually a specimen bond, but since only a single issued example exists (if it still does), this will have to do. The bond represents a $7.8 million loan that the New York Dormitory Authority got from the U.S. Housing & Home Finance Administration in 1959 -- hence only one bondholder. The funds were used to build housing at numerous teaching colleges across the state.   |
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Moderator
United States
187469 Posts |
Very nice! |
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Pillar of the Community
United States
822 Posts |
I added another stock certificate to the Million Dollar Collection this week. This represents 173,290 shares of Standard Motor Products (SMP is still around). The share price was around $12.50 when this was issued on Sept. 27, 1991, making this certificate worth around $2.16 million. It was sold eight months later for a loss of about $85,000.   Edited by GregAlex
09/25/2020 8:44 pm
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Pillar of the Community
United States
5029 Posts |
Very nice example |
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Moderator
United States
187469 Posts |
Nice example! |
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Pillar of the Community
United States
836 Posts |
These are all very interesting. I love the art on old stocks and bonds. Looking at these sparks my interest in them again.
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Replies: 17 / Views: 5,464 |
Posted 11/08/2019 6:14 pm
