Collecting Stocks and Bonds, Volume III by George H. LaBarre - Scripophily Literature
Inv# BO1005 Bond
George H. LaBarre Galleries, Inc., NH, 1981, 132pp, 424 photographs of additional stock and bond certificates by category, with descriptions and prices. Book also includes two pages of the most commonly asked questions related to the hobby.
Scripophily is the hobby of collecting old stocks and bonds, which gained popularity around 1970. The term "scripophily" is derived from the combination of English and Greek words; "scrip" refers to an ownership right, while "philos" means "to love." Today, there are thousands of collectors worldwide who seek scarce, rare, and popular stock and bond certificates. These collectors range from private investors to business people. While many enjoy scripophily purely as a hobby, others view it as a viable form of investment.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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