Thursday, January 29, 2009

Stock certificates vanishing

After realizing stock certificates are are going extinct i found that offers single framed shares of stock in America's favorite companies.
Certificates are turning into collectors items more so now than ever before.
-The certs on some of these companies going bankrupt will be collectors items.
-Combine this tangible item with a good long term stock pick and you have a collectors item with intrinsic value.
-where arts meets the market. i love it -st0ckman

Vanishing Stock Certificates

Anheuser-Busch and Wrigley's — the most recent companies to lose their stock certificates — signal a growing trend: the disappearance of official stock certificates.

Stock certificates used to be how everyone showed ownership in a public company. But over the past several years, things have started to change: the securities industry has embraced digital record-keeping to lower the cost of doing business. This means that the classic certificates we're familiar with are gradually being eliminated.

Plus, Depository Trust & Clearing, who handles most stock trades, now has just 3.4 million certificates in its vaults. Sounds like a lot, but it's a tiny sum compared to the 30 million certificates they held back in 1990.

They aren't replenishing their supplies.

Last but not least, the passage of a new law in Delaware — where more than half of the nation's publicly traded companies are incorporated — is expected to make stock certificates even rarer. The law drops a requirement forcing companies to issue stock certificates. And many are doing just that.

Over the next year, we believe most major companies will abandon stock certificates for good, whether to cut costs, or because of mergers and acquisitions. So now's the time to grab a piece of a company you have a connection with. Produced from hand-etched cold press printing plates by artisan craftsmen, stock certificates are historic documents that'll only grow in desirability. Individually-numbered and emblazoned with the shareholder's name, each is one-of-a-kind.

Stay tuned to this page for the latest scoop on the disappearance of stock certificates.

Read on for additional coverage across the web: Certificates Going the Way of Dinosaurs
New York Times: On Phasing Out Stock Certificates
All Business: The Future Is Now for Paperless Securities
Business Times: Certificates May End Up As Wallpaper
St. Petersburg Times: Problems With Paper Certificates

OneShare Gifts

Framed Single Shares of Stock as Gifts

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