January 27, 2003 Scripophily News -
Hobby of Scripophily Celebrates 25 Year Anniversary-
1978 - 2003 - Scripophily.com
celebrates with Huge Sale
hobby's name was conceived in 1978. The word resulted combining
words from English and Greek. The word "scrip" represents an
ownership right and the word "philos" means to love..."We
are happy to be part of this wonderful hobby that has thousands of
collectors worldwide" said Bob Kerstein, CEO Scripophily.com. "The
hobby has many great people involved in it with whom I am proud to
be affiliated" Kerstein added.
KOGO Radio in San Diego -
Sunday, January 26, 2003 - "Money in
the Morning" with George Chamberlin
- Bob Kerstein, CEO of Scripophily.com will join the radio talk show
prior to the Super Bowl in San Diego to discuss the hobby of
Scripophily. KOGO is
San Diego's EXCLUSIVE
NewsTalk Radio Station.
ABC News - 1/15/2003 - Wall Street lobbies to ditch paper
stock certificates - The Securities Industry Association is
launching a publicity blitz this year to persuade publicly traded
companies and their shareholders that a paperless world will save
money and time. Its effort is aided by a New York Stock Exchange
rule adopted this summer that allows listed companies to eschew
paper certificates...."Certificates do so much in capturing the
history of the company," said Kerstein...
WASHINGTON (Dow Jones) NEWSWIRES by Lynn Cowan
--Wall Street's main trade group is campaigning to do away with
paper stock certificates and instead keep track of all investor
holdings electronically....As for scripophilists - collectors of
stock certificates - the end of paper certificates would probably
increase the market value of those in circulation today by capping
the supply, said Bob Kerstein, chief executive of Scripophily.com, a
Chantilly, Va., company devoted to buying and selling certificates.
But if many companies go electronic, collectors would miss out on
the chance to buy new certificates that could later prove
January 9, 2003
-- CNBC's Wall Street correspondent
Faber has created a one-hour documentary - "The
Big Heist - How
Time Warner" - which details how
the deal came together, how it unraveled and what the future might
hold for the partnership. Stock certificates provided by
Scripophily.com were used in this documentary.
6, 2003 - New York Times - Museum Explores Capitalism's Feats and
By RALPH BLUMENTHAL .....What
would John D. Rockefeller say? In the basement of his Standard Oil
Building, just steps from Wall Street, where the Museum of American
Financial History celebrates the wonders of capitalism, an exhibit
wall is papered with gaily colored stock certificates carrying names
ImClone Systems.... The latest
exhibition of one-share stock certificates, worth virtually nothing
except to collectors, were donated by
Internet's largest buyer and seller of collectible stock and bond
certificates. The hobby of collecting such nonredeemable paper is
called Scripophily (pronounced skrih-POFF-a-lee).
January 3 2003 - Financial Times - Scrip holds value long
after closure by Peter Temple - When companies fail, are
nationalised or are taken over, little remains to mark their passing
except what one observer once called "the art of finance" - their
stock and bond certificates......Others pick up certificates dating
from spectacular corporate failures, like the South Seas Company or
Penn Central. Enron and Worldcom certificates are currently a hot
item. You can, for example, buy them ready-framed from the website
One boon is that the supply of new scrip is getting more
limited. Dematerialised settlement means that paper certificates are
gradually becoming a thing of the past, so even the most mundane
will eventually acquire value.
31, 2002 - CNBC New Years Eve Show - Bob Kerstein, CEO of
Scripophily.com joins Michelle Caruso-Cabrera of CNBC to discuss
Scripophily.com's collectible Stock and Bond Certificates.
WASHINGTON, DC (October 28, 2002) -
Scripophily.com Donates Stock
Certificates from Modern Scandals and Dot Coms
Smithsonian's Museum of
American Financial History
Scripophily .com ®, the Internet’s largest buyer and seller of collectible
stock and bond certificates, has donated a collection of modern
stock certificates from frauds, scandals, and dot com-related busts
to the Museum of American Financial History, an Affiliate of the
Smithsonian Institution located in New York City.
The certificates have been added to the Museum’s permanent
collection and some, including the Enron certificate, have been
incorporated into a display on market regulation and corporate
responsibility in the Museum’s gallery at 28 Broadway in Lower
Manhattan. “Until a year ago, our most popular permanent exhibit had
been on the Crash of 1929. Now, people are more interested in the
recent bankruptcies and scandals because they have
affected their own finances,” said Meg
Ventrudo, the Museum’s Assistant
Director for Exhibits and Education. “We are grateful to
Scripophily.com for their generous donation.”...
Wednesday, October 9, 2002 - Scripophily.com will be a Co-Sponsor in
the Orlando Extravaganza OPEX 2003 Postcard and Scripophily Show in
Orlando, Florida January 4th and 5th, 2003.
show is the Biggest and Best Old Paper Show in the South Eastern
- HUNDREDS OF DEALER TABLES OF
POST CARDS AND ALL TYPES OF PAPER ITEMS INCLUDING OLD AND MODERN
STOCK AND BOND CERTIFICATES PRESENTED
FOR SALE BY DEALERS FROM ALL OVER
Monday, October 7, 2002 Palm Beach Post Tyco stock
certificate going for $59.95 By Jeff Ostrowski, Staff Writer
With shares of Tyco International Ltd.
trading around $13, who'd pay $59.95 for a Tyco stock certificate?
Perhaps a "scripophilist" -- someone who collects stocks, paper
money, letters and other documents of historical import.
Scripophily.com of Chantilly, Va., last week offered a Tyco
certificate bearing the signature of former Chairman and CEO Dennis
Kozlowski, a Boca Raton resident, for $59.95. Scandals boost a
company's stock certificates, said Scripophily head Bob Kerstein.
But given the rash of corporate malfeasance in the past six months,
Tyco certificates haven't sold as quickly as Enron Corp. shares did
this year. The priciest certificate sold by Scripophily was a
Standard Oil share signed by John D. Rockefeller and Henry M.
Flagler. It fetched $8,500 -- and proved that, even for
scripophilists, corporate crime doesn't always pay.
September 27, 2002 Chicago Sun Times Lifestyles of the rich
and obscure BY CHRIS WHITEHEAD BUSINESS COPY EDITOR The economy
may be stuttering, but a guy in Texas still came up with $44,000 for
a big E that Enron used to have outside one of its Houston offices.
And in Australia, a grocer paid a record $20,000 for the first tray
of this season's mangoes--a fruit that usually sells for about $40 a
tray. Both men were bidding at auctions--in Texas at Enron's garage
sale and in Australia at a fund-raiser for a children's hospital. .....Paper profits Martha's troubles are
probably good news for Scripophily.com, too. The
seller and researcher of old stocks and bonds will sell you a pair
of stock certificates--ImClone and Martha Stewart Living--for
$89.95. More interested in Enron? They'll sell you that, too, and
for less than 44 grand.
21, 2002 WASHINGTON DC.-
SCRIPOPHILY.COM WILL ATTEND
Washington Historical Autographic and Certificate Organization Show
On November 9th 2002 in Tysons Corner, Virginia - The
Washington Historical Autographic and Certificate Organization is
bringing together, on November 9th 2002, collectors and dealers of
Scripophily from across the country. Scripophily.com
will have a large display of Modern Stocks which is one have the
fastest growing areas of the hobby. Included in this area are
certificates from the current Scandals including such companies as
Enron, Worldcom, Adelphia, ImClone, Martha Stewart, Rite Aid, Tyco
International, DrKoop, Egghead, and XO Communications. You
will be able to see our exclusive "Insider Trading" and "Modern
Scandal" Packages. We will also be premiering our
"Disconnected Number" package of failed telecommunication companies.
This exciting show and auction will be held at the Westpark Hotel in
Tyson Corner from 9 am to 5 pm.
Thursday, September 12, 2002; Page E05
Washington Post -
For Some E-Commerce Sites,
Modesty Is the Best Policy
By Ellen McCarthy -Falls
Church-based Scripophily.com, for example, which sells stock
certificates and other corporate memorabilia, is humming along
nicely, said founder and chief executive Bob Kerstein.
Kerstein never intended to create a mega-corporation with
thousands of employees. In 1996, after holding jobs with several
public companies, he envisioned a start-up that could provide him a
modest but steady living. By doing much of the grunt work himself
and keeping costs minimal, Kerstein has kept the private business
profitable and able to support its four-person staff, he said.
"The biggest key to the success is that we are doing it
ourselves, not outsourcing the marketing, Web development and
advertising," he said. "Had we outsourced it, we would have been
bankrupt 10 times over."
THE WALL STREET JOURNAL Wednesday, September 11, 2002 By
AARON ELSTEIN Investors Find
Certificates Are Still Worth Something .....Indeed, stock
certificates may get scarce soon. The New York Stock Exchange said
on July 30 that member companies no longer need to issue
certificates, ending a decades-old rule. The Nasdaq has never had a
rule requiring members to issue certificates, a spokesman said......Bob Kerstein, chief
executive of Scripophily.com LLC in Chantilly, Va., says that a
certificate issued by Merrill Lynch in the 1970s is becoming of
interest to collectors. The reason: The certificate contains a
depiction of the World Trade Center.
September 4, 2002 -
Scripophily.com Receives SEC Position
September 4, 2002
- Coins & Stock Certificates - If
the company is long gone, a stock-certificate collector (called a
scripophilist) may still be interested in it as a
collectible....visit Scripophily.com and the
Autograph and Certificate Organization.
September 3, 2002 SCRIPOPHILY.COM RECEIVES SEC CLARIFICATION LETTER
ENABLES SALE OF UNCANCELLED STOCK CERTIFICATES AS COLLECTIBLES
FROM PUBLICLY TRADED COMPANIES.
®, the Internet’s largest
and most recognized brand in the collectible stock and bond market
has received a no-action letter from the Staff of the Division of
Market Regulation of the Securities and Exchange Commission that
will enable Scripophily.com to sell single share certificates.....“We
are also very grateful for the cooperation and assistance of the SEC
in helping collectors preserve the
history of our times by addressing this issue”, added Kerstein....
The Buffalo News
Adelphia stock worth big bucks to collectors By FRED O. WILLIAMS
News Business Reporter
Adelphia stock only fetches 14
cents on the over-the-counter market, but there's still a place
where it's worth $80 a share. Actually the price is $79.95,
and the place is Scripophily.com, a company in Falls Church, Va.,
that makes a market in the stock certificates of infamous companies.
24.08.2002 New Zealand Herald
- Corporate scandals leave scent of cash
Voice of America News - 20 Aug 2002 - Collectors Buying Stock
Certificates of Beleaguered Corporate Giants - As investors watch their stock portfolios
plunge in the wake of corporate mischief sweeping Wall Street,
collectors are snapping up stock certificates from the beleaguered
corporate giants... A website called Scripophily.com buys and
sells old stock certificates. The innovation that sets the company
apart from its competition....
Reuters - August 20, 2002 -
By Christopher Doering - WASHINGTON, Aug
US corporate scandals create new collectors' market - As
investors have watched their portfolios plunge in the wake of
corporate mischief sweeping Wall Street, collectors have snapped up
anything associated with beleaguered companies ....Stock
certificates have garnered the most attention as they offer the best
long-term "investment" for collectors. ...Kerstein's Scripophily .com is selling its
"Insider Trading" package of certificates from ImClone Systems Inc
IMCL.O . and Martha Stewart Living Omnimedia
MSO.N for $90.
Monday, August 12, 2002; Page E01
Washington Post Collecting Something Other Than Dividends By Jerry Knight Enron Corp., Adelphia
Communications Corp., Kmart Corp., Qwest Communications
International Inc., Peregrine Systems Inc., Dynegy Inc., WorldCom
Inc. and its MCI tracking stock....Kerstein's customers are not
investors. They are collectors, business history buffs, scandal fans
and cynical survivors of one of the darkest chapters in the history
of capitalism. And they all want stock certificates....
- Monday July 29, 2002 - Stock Certificates Capture Business
Trends and Historic Events - Scripophily.com, the Internet's largest
and most recognized brand in the collectible stock and bond
WASHINGTON, DC July
29, 2002 - Business Wire - Stock Certificates from Scandals, Insider Trading and
Bankruptcies are Worth Collecting -
According to Bob Kerstein, CEO and Founder of Scripophily.com
“Modern day certificates from frauds and scandals are highly
desirable because people have lived through the era from irrational
exuberance to infectious greed. There is a connection of
the best of times and the worst of times that will live in all of us
for many years to come.”
Dateline ABC SUNDAY, JULY 28, 7:00 P.M. ET - Take the Money and
Run NBC Anchor Tom Brokaw reports for a one-hour Dateline special,
“Take the Money and Run - Major Scandal Stock certificates for the
special supplied by
26/07/2002 Réseaux & Télécoms Violente remontée des
actions Worldcom et Enron Marc OLANIE - Qwest, Worldcom, Kmart, MCI, Enron,
rien que du beau linge –devrait-on dire linceul- réuni dans un
« Modern Scandal Package » vendu pour la
modique somme de 300 $ (offre promotionnelle, prix public 530
July 26, 2002 Wall Street Journal - Collecting Corporate
BROOKS BARNES - Corporate
fiascoes are roiling Wall Street -- but they're heating up the
collectibles market...but don't buy thinking that the stuff will
go up in value.. .One exception: Stock certificates of famous
defunct companies, which have a much longer history as collectibles.
Worldcom Stock Certificate compliments of
July 10, 2002 - Darwin
Magazine - Stock Report
By Daintry Duffy - Remember how your
friends laughed when you told them of your plans to get rich on
Whoodoo.com stock?...According to
Bob Kerstein, founder and CEO
of Scripophily.com, among the biggest sellers on his site are...
July 9, 2002 - Jay Leno Show "Let me ask you: Anybody got
Stewart stock certificate? I'll trade you two
WorldComs and an
for it, if you have one!"
July 9, 2002 - David Letterman Show "By the way, before I came
out here, I received a phone call from
Stewart and she asked me if I would make an announcement for
Martha. And she just wants all of her stockholders to know that
certificates can be made into lovely place mats."
July 2002 - Scripophily.com makes History Channel's Prestigious
"Shop History Site" List
July 2002 - Scripophily Magazine - BullstoBears.com DOT COM MANIA
and Article - Bob
Kerstein, CEO Scripophily .com
Star Ledger June 26, 2002 - How to Make Money on WorldCom by Andy
Obermueller - While the rest of the planet was going nuts
watching WorldCom, Bob Kerstein was cool as a cucumber. He's selling
his shares for a hundred bucks a pop. Say what? Kerstein deals in
stock certificates as collectibles, and he's getting $100 apiece for
WolrdCom shares.... which bear the printed signatures of ousted CEO
Bernie Ebbers and deposed CFO Scott Sullivan....
THE MOTLEY FOOL Date:
06-10-2002; The Dallas Morning News;
Finding old stock certificates' value...www.Scripophily.com...
We frequently hear from readers who find old stock
certificates and don't know how to determine their value. It's a
confusing matter, because many companies merge with and split from
other companies, changing their names along the way...At
www.scripophily.com, for a
fee, you can have some research done on whether your stock or bond
certificate has any value. (Even if your company has gone belly-up,
the certificate may have value as a collectible. Scripophily may buy
it from you...
May 2002 - Esquire Magazine - What to do with your Stock
Certificates by Brian Frazer. ( The certificates shown in this
article came from
May 2, 2002 -
X PRIZE and Scripophily.com offer
Erik Lindbergh’Depart Solo Flight Across The Atlantic Grandson
follows 1927 flight plan to commemorate its 75th
Anniversary and to promote the X PRIZE and space tourism
May 1, 2002 - Antique Trader - Investing interest - Stocks and
Bonds track the history of financial heartache.... Surprisingly,
many of the new stocks are more valuable than the earlier pieces...
Monday, 8 April, 2002 BBC News - Worth
the paper it's written on?...The art of share certificate collecting
is called scripophily and it's quite a little hobby.
Friday, March 29, 2002 -
The Sacramento Bee - Jack Sirard - From the amount of mail I've
been getting on this subject of late, it looks as though more and
more people are treasure hunting in their attics.....Scripophily.com
(www.scripophily.com) wheels and deals in historic stock
certificates. Scripophily is the formal name for collecting
antiquated stock certificates. Scripophily.com has been in business
since 1996 and bills itself as a leading provider of collectible
stock and bond certificates and other old paper items. It also
provides research information on old stocks and companies. The
toll-free number is (888) 786-2576.
07-Mar-2002 FEATURED PROGRAMMING
E*TRADE Financial Daily Pack rats
unite: Collecting old stock certificates (8:03) host Jonathan
Hoenig and WebFN News Anchor Tom Hudson talk about this unusual
hobby with Bob Kerstein, CEO of Scripophily.com.
February 28, 2002 - CBS Evening News -
Dan Rather reports "...Enron's actual stock is selling for less than
the paper its printed on at $100..." with a certificate image
provided by Scripophily.com and held by Bob Kerstein, CEO.
February 27, 2002
Strasburg, Pennsylvania Scripophily.com is going on a
Stock and Bond Roadshow
January 22, 2002 Pennsylvania State University Enron
Disaster Will Provide Lessons For Years To Come Deseret News
Publishing Co by Ron Scherer and David R. Francis
16, 2002 - The Christian Science Monitor Lessons of Enron: How could no one have seen it?
...The degree to which Enron has fallen
is summed up by the fact that its stock may now be worth more as a
souvenir than as a certificate of ownership. Bob Kerstein, an
accountant and financial historian, is offering Enron stock
certificates on his collector web site, Scripophily.com, at $100 a
pop. Or he was - right now he's sold out.
January 11, 2002 - Houston Business Journal - Enron Corp.'s
stock price has been reeling in the range of 66 cents to start the
new year, but there's still one place where a share of the fallen
energy giant commands .... A "beautifully engraved certificate" of
Enron stock last week was priced at $99.95 on Scripophily.com, the
Old Stock Superstore. "We are currently sold out," notes
Scripophily.com. "But we expect to receive some more."
January 3, 2002 KLIF Dallas Radio
Station Ankarlo Mornings Darrell's first week at KLIF Enron
Stocks are Collectors' Item guest: Bob Kerstein - president of
Scripophily.com - Note: We
are about 32 minutes in the show.
January 4, 2002 -
Steve Orr talks with founder Bob Kerstein of the Old Stock
Superstore Scripophily.com, who says collectors buy certificates for
companies like Enron to remind them of how bad and good...things can
accept Visa, Mastercard and American Express
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