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The Chip Board Archive 23

Chip collecting analogous to stock investing?


Not really. But there is a comparison to scripophily... one aspect of which is collecting old engraved stock certificates. These are the "casino chips" of the old stock market, back when you bought 100 shares of a stock and your broker sent you a certificate for what you bought.

Nice artifacts of the old days at the NYSE casino. Not too expensive to buy. Not issued any more except in exceptional circumstances. Many are "drilled", like the 40-year old Pam Am certificate shown above. Most will never make you a lot of money, but fun to accumulate, and nice to display.

Some notable signatures on the old certificates. Some were famous and successful. Some, like William Sewell on this certificate, ran Pam Am into bankruptcy and was fired a few years after the date on this paper. You can find them with J.P. Morgan, Howard Hughes, and other notables, but they are harder to find and will cost you a little more money.

You can even find engraved certificates for some of the casino operators that incorporated. Here's one for Caesars World that is from the 1980's (not my scan).

Messages In This Thread

Chip collecting analogous to stock investing?
Re: Chip collecting analogous to stock investing?
My Caesars World Stock Certificate...
Who was Pres. of Caesars World then, Jim?
Don, I do not know. Could not find...
After additional research, I think it is...
Re: After additional research, I think it is...
Re: My Caesars World Stock Certificate...
Several on eBay right now for $12...
NCR-I used to be part-owner in Celtics and Indians
What Las Vegas hotel casino did this company own?
Re: What Las Vegas hotel casino did this company o
Re: What Las Vegas hotel casino did this company o
Caesars World also bought the Thunderbird...
Re: Caesars World also bought the Thunderbird...
Re: Silverbird
Re: What Las Vegas hotel casino did this company o
Vignettes
anyone have any information about this one?
Canadian
What a bummer. It's for sale if anyone is interest
Re: What a bummer. It's for sale if anyone is inte
Re:It's for sale if anyone is interested
Re: Chip collecting analogous to stock investing?
Depositing stock certificates
Thanks Don

Copyright 2022 David Spragg