Scripophily.com offering Free Studebaker Packard and AIG Stock Certificates WASHINGTON, DC (April 21, 2009) - Scripophily.com ®, the Internet’s largest buyer and seller of collectible stock and bond certificates, is offering a Free Studebaker Packard Stock Certificate on all
News-Antique.com - Apr 21,2009 - FOR IMMEDIATE RELEASE
Contact: Media Relations, Scripophily.com
Tel: 703-787-3552; e-mail: mediarelations@scripophily.com
Scripophily.com offering Free Studebaker Packard and AIG Stock Certificates
WASHINGTON, DC (April 21, 2009) - Scripophily.com ®, the Internet’s largest buyer and seller of collectible stock and bond certificates, is offering a Free Studebaker Packard Stock Certificate on all orders and a Free American Insurance Group (AIG ) Stock Certificate on all orders over $200.
Scripophily (scrip-ah-fil-ly) is the hobby’s name of collecting old stock and bond certificates. Values range from a few dollars to more than $100,000 for the rarest. There are tens of thousands of Scripophily buyers worldwide include casual collectors, corporate archives, museums and serious collectors.
“During these unprecedented economic times, we felt that it was appropriate to offer a free stock certificate from the Studebaker Packard Corporation (Company resulting from the merger of Studebaker and Packard Automobile Companies) that was forced to close its operations in 1963 due to economic problems” said Scripophily.com’s CEO and Founder, Bob Kerstein.
“We also felt that a stock certificate from American Insurance Group (AIG ) was a company representative of the excesses, government bailout and hard economic times of today” added Kerstein.
While the hobby of Scripophily continues to grow, the supply of new certificates reaching the collector market is on the decline. Fewer certificates are being printed on the front end and most cancelled certificates are being destroyed on the back end. The decline of stock certificates are a result of major stock exchanges and the Security and Exchange Commission’s rules no longer requiring companies to issue physical stock certificates (Dematerialization ) as well as the controlled destruction of cancelled stock certificates.
Scripophily.com - The Gift of History is the internet’s leading buyer and seller of collectible stock and bond certificates and has had items on loan for display in the Smithsonian’s Museum of Financial History in New York, been featured on CNBC, USA Today, Baltimore Sun, Washington Post and in many other media publications. The company also offers an old stock research service at OldCompany.com and also offers high resolution scans for publications. Scripophily.com has over 15,000 different selections including categories such as Frauds, Scandals, Bankruptcies, Dot Coms, as well as the more traditional areas such as Railroads, Telephone, Entertainment, Sports, Manufacturing, Mining, Utilities, Oil and Gas, Retail, Tobacco, Food, Banks, Insurance and others.
Scripophily.com was founded by Bob Kerstein who has more than 30 years of senior management experience as a financial executive in the Cellular, Cable TV, Satellite, Internet, Professional Sports and Entertainment Industries. Bob is also the President of the Professional Scripophily Traders Association (PSTA).
For more information on Scripophily.com®, visit www.scripophily.com, http://www.bob.com or call 1-703-579-4209.