Scripophily is the study and collection of stocks and bonds. A specialized field of numismatics, scripophily is an interesting area of collecting due to both the inherent beauty of some historical documents as well as the interesting historical context of each document. Some stock certificates are excellent examples of engraving. Occasionally, an old stock document will be found that still has value as a stock in a successor company.
Recent NewsWhile 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.