Should I Or Shouldn't I?  |
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| Okay want to get a bit of feedback here. I have in my possession really old stock bonds that were bought by my great-grandfather and dated around the late 1800s, with his signature and everything on it. And NO...the companies of the stocks are no longer around...believe me I looked thinking gee, maybe I'm sitting on a fortune...LOL Anyway, I was hunting around and there are a few places that sell and/or buy these bits and pieces of history. As you can imagine...to actually BUY this memorabilia most are sold at $75.00 or more each. I got in contact with one place...he asked me to scan and send photos of what I have ...I have five such stock bonds ....After seeing what I had, he said he would buy all of them from me for $40.00. Like huh? That's all?? for FIVE when he'll turn around and sell them for maybe $75.00 EACH?Thing is, naturally $40 is $40 and shouldn't be sneezed at, but I'm also reluctant to sell them as in a sense they are a part of my family history. I think of all the "heirlooms" of my family that my mother and grandmother sold to get extra money...like irreplaceable pieces of jewelry like a beautiful cameo brooch with platinum filigree around it--or that old time gold pocket watch with a chain of my great-grandfather's and it was saddening to part with them So what would you do? Should I sell them? Maybe wait for a better offer? Did you ever have any piece of family memorabilia that you decided to sell...did you get a lot for it? Did you regret parting with it? | | One of The Stocks I Have | | | | |
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1. airnavigator (325)
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4 years ago
| | Frankly, I wouldn't sell them for $40. You might want to continue to hold them until demand for them rises. If you enjoy the thrill of possessing them then keep them. Another option would be to search the Internet for other places to sell them - you might find a much better deal, or you might not. One of the good things about keeping them is that, unlike other antiques and heirlooms, they're just pieces of paper and don't take up much room so it is no big chore to hang on to them. Good luck. | | | | | | |
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pyewacket (12221)
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4 years ago
| | One problem is that I really don't have anyone to pass them down to...no family now as my mother passed away in 2006, no siblings, nada..LOL...still...like you said they do have sentimental value | | | |
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3. blackbriar (6633)
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4 years ago
| | If the price is right, I would sell them being the money could really come in handy right now. But I sure as heck wouldn't sell all 5 for 40 bucks. That guy is a rip off. I have a few family heirlooms that are pure Italian gold and heavy at that but only reason why I won't sell them is because I only have a few pieces and it's all I have left of my grandma. | | | | | | |
pyewacket (12221)
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4 years ago
| | I could see selling them at $40 each but not for all five...just doesn't sound right to me | | | |
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4. howard96h (5692)
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4 years ago
| | Did you check on ebay to see if similar "bonds" are for sale and how much the auctions are going for? I agree that if he was willing to buy them all then they will sell and like you said he will sell them for a lot more. | | | | | | |
whiteheather39 (15570)
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4 years ago
| | I aree with you. Ebay was my first thought. | | | |
pyewacket (12221)
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4 years ago
| | I did check ebay...similar certificates aren't selling or being auctioned for much...maybe $5.00 | | | |
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pyewacket (12221)
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4 years ago
| | Your right...these stock certificates have been in the family for so long and it is a bit of memorabilia of my ancestors...now if I had been offered $400 that might be a different story. | | | |
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6. Goodie123 (7548)
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4 years ago
| | No way, dont sell hang onto them. If he offed $40.00 each yeah, but not $40.00 for all 5. Wait for a better offer, he is a ripoff artist. | | | | | | |
pyewacket (12221)
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4 years ago
| | It does seems a rip-off especially when he could turn around and sell them for maybe $100 each or more | | | |
Goodie123 (7548)
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4 years ago
| | I would be hanging onto them Pye. Until I was able to find someone who will offer a more reasonable price. | | | |
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9. Tianna2 (1100)
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4 years ago
| | I think if you seriously need money you should check with others that deal in such things and see what they offer. I dont think I would sell them for forty dollars no matter what. You can put them on ebay with a very high minumum payment just to see how high the bidding would go. That way unless someone actually went over your minumum you would be under no obligation to sell. Forty dollars just doesnt seem enough to let go of a family treasure, especialy if you dont have very many left. Cheers, Tianna | | | | | | |
pyewacket (12221)
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4 years ago
| | I've done a search at ebay and stock certificates aren't selling/auctioning for much...maybe $5.00 for sets of 30 or so...yeesh | | | |
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10. sudiptacallingu (8859)
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4 years ago
| | DON’T SELL THEM. Everyday I see many such ads from ebay and other online sites where people are offering to sell similar stuff like bonds, coins, agreement papers etc maybe 100 years old or older. And they are selling it for pittance. I know $40 is $40 but just think of it this way as if you don’t even know that the money is there. Frame the bonds and display them in your house. I have a tin full of old British coins in copper and silver which are, as you understand, 100 or 150 years old. I have never evaluated them, neither do I intend to. Sometimes I take them out and feel them and try to imagine those bygone days. To me, no amount of money can ever replace these coins. | | | | | | |
pyewacket (12221)
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4 years ago
| | LOL--I have a bunch of old coins too...and over 100 years old as well. Some of the coins are US, but I do have a few foreign coins as well. I have one US coin minted from 1863..when I touch it I think, wow, someone had this during the US Civil War period... | | | |
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