WHAT'S NEW
2/22/11
January 2011 Scripophily Show
in Washington, DC...
Information and Instructions
2/26/2010
WHACO! Database Update
For WHACO! members with access, the WHACO! Complete Database, an update was posted on
February 26, 2010 to include over 35,300 entries. The database now includes the Spink #300 February, 2010 Scripophily aution
2/10/2009
WHACO! Database Update
For WHACO! members with access, the WHACO! Complete Database, an update was posted on
December 22, 2008 to include over 34680 entries. The database now includes the Spink-Smythe December Scripophily aution
12/22/08
January 2009 Scripophily Show
in Washington, DC...
Information and Instructions
12/22/2008
A new WHACO! Dealer — RealStockCertificates.com
(Pre-1900 antique stock certificates)
Phone: (319) 362-6488
RealStockCertificates.com
12/22/2008
WHACO! Database Update
For WHACO! members with access, the WHACO! Complete Database, an update was posted on
December 22, 2008 to include over 34500 entries. The database now includes the Scott J. Winslow &
Assoc. July and October auctions as well as two Spink autions from July and September. The November
Spink-Smythe Scripophily auction is discussed below.
Changes to entries required by the Spink auction are in the quality of the certificates. Spinks uses
AVF (about very fine), AEF (about extremely fine), GVF (good very fine), etc. where U.S. auctions have
used VF-, VF+, etc.
In the auction name (ex: the Winslow auction in October was shortened to WINS#0810)
the conversion of poinds (£) to dollars at the time of the auction is included. These factors were
applied to the Spink prices realized in pounds to reflect dollars realized in the database. Examples:
Auction Date Conversion factor Database entry
------- ------ ----------------- --------------
Spink Jul'08 1 pound = $1.96 Spink:£=1.96$
Spink Oct'08 1 pound = $1.898 Spink:£=1.898$
Whenever possible, information on the certificate number and number of shares have been
included in the remarks.
Since Spink merged with R. M. Smythe, future autions by Spink Smythe will use the code "S-SM#"
and the auction number. For example, the Nov 2008 auction with 253 items, now available online,
is labeled S-SM#289. The Spink Smythe auction catalog and prices realized were both in U.S. dollars.
4/21/2008
WHACO! Database Update
For WHACO! members with access, the WHACO! Complete Database Update was posted on April 21, 2008
to include over 33,260 entries. The database now includes the R. M. Smythe January 2008 Auction & two Winslow
Auctions through March 2008. Smythe included information on the certificate number and number of shares in their
description and that data has been included in the remarks.
12/7/2007
WHACO! Database Update
For WHACO! members with access, the WHACO! Complete Database Update was posted on December 7, 2007 to include over 32,610 entries. The database now includes the R. M. Smythe Memphis Auction & some unique pieces from the Winslow Spring Price List.
3/2/07
January 2008 Scripophily Show
Information and Instructions
9/13/07
WHACO! Database Update
For WHACO! members with access, the WHACO! Complete Database Update was posted on September 13, 2007 to include over 32,066 entries. The database now includes the R. M. Smythe Memphis Auction & some unique pieces from the Winslow Spring Price List.
4/13/07
WHACO! Database Update
For WHACO! members with access, the WHACO! Complete Database Update was posted on April 13, 2007 to include over 31,761 entries. The database now includes the H. R. Harmer, American Banknote Archives & Winslow January auctions.
1/13/07
WHACO! Database Update
For WHACO! members with access, the WHACO! Complete Database Update was posted on January 13, 2007 to include over 31,257 entries. The database now includes the R. M. Smythe December auctions 268 & 269.
1/2/07
New Auction from Archives International and H.R.Harmer
WHACO! is always glad to announce new Scripophily shows and auctions. WHACO! Dealer Member Archives International has joined with H.R.Harmer on a large ABN archive sale occuring in West Caldwell, NJ on January 31st, February 1st and 2nd, 2007. There will be over 1400 lots of specimens, proofs, models or mockups of hundreds of companies. There are over 80 automobile or related stocks and bonds including unique models and proofs from Ford, GM, Cord and other auto makers...with lots of other Scripophily material. Please check the linked page for more details.
8/14/2001
Look Out!!!
There seems to be a scam out there to sell "BOGUS" U.S. Treasury securities from the 1930's. The bond is being offered in quantity to a number of dealers by a source in eastern Europe. Substantial money is potentially involved. The seller even goes through the case on how the bonds were found. Several things to watch out for include bad grammar for this offering of 1934 bonds and a representation of the bonds that is very close to how currency appears...probably illegal. Check out the situation and see the material presented about what are in all probability BOGUS bonds.
10/29/2000
Processing Requirements for Cancelled Security Certificates
SECURITIES AND EXCHANGE COMMISSION Proposed Rule Change
The SEC has proposed a change to processing cancelled securities that could have a major impact on our hobby. See the proposed change.
Summary:The Commission is publishing for comment proposed rules to improve the processing of securities certificates by transfer agents. Proposed Rule 17Ad-19 under the Securities Exchange Act of 1934 would require every transfer agent to establish and implement written procedures for the cancellation, storage, transportation, and destruction [emphasis added] of securities certificates. The rule would also require transfer agents to: mark each cancelled securities certificate with the word "cancelled"; maintain a secure storage area for cancelled certificates; have specific procedures for the destruction of cancelled certificates, and maintain an electronic database of all of its cancelled certificates. Additionally, the Commission proposes to codify that Rules 17f-1 (the lost and stolen securities rule) and 17Ad-12 (the transfer agent safekeeping rule) apply to cancelled certificates.
10/22/2000
WHACO! Database Update
For WHACO! members with access, the WHACO! Complete Database Update was posted on October 22, 2000 to include 1,500 new entries from May to July 2000. Included are hundreds of mining entries from the Fred Holabird auction of the Tillison Filer Collection II of Western US mining certificates.
6/12/2000
WHACO! — Found New Articles Online
Three new articles on scripophily have recently appeared on the net:
USA Today —
Don't toss old stock certificates
Research might reveal financial, collectible value
By Sandra Block, USA TODAY
Motley Fool —
Ye Olde Stock Certificates
...something old, something lost
By Barbara Eisner Bayer (TMF Venus)
The Investment FAQ —
Researching the Value of Old Certificates
Contributed-By: Ellen Laing and Jeff Kiss
6/10/2000
WHACO! Database Update
For WHACO! members with access, the WHACO! Complete Database Update was posted on June 1, 2000 to include several hundred entries from February to May 2000. Included are hundreds of mining entries from the Fred Holabird auction of the Tillison Filer Collection of Western US mining certificates.
5/20/2000
A new WHACO! Dealer — Peter C. Worden
73 Starlight Drive
Brewer, Maine 04412
(Railroads — Eastern European)
PH: (207) 989-1782
Mail To: Peter C. Worden
5/20/2000
New! R. M. Smythe's 1st Photographica & Autographica
Show
R.M. Smythe will have their 1st Photographica & Autographica Show in Strasburg, PA on Friday and Saturday, 2-3 June. The show features Annamarie Kusrow's award winning exhibition The Littlest
Soldiers; an unique Carl Van Vechten exhibition, Women of the World, book signings, free appraisals, free admission, free parking and much, much more.
For information contact Marie Alberti at 1-800-622-1880 (toll free) or Mail To: R. M. Smythe.
4/10/2000
WHACO! Database Update
The WHACO! Complete Database Update was posted on April 10, 2000 to include several hundred entries from January to February 2000.
2/26/2000
Winter 2000 WHACO! News Mailed
The Winter 2000 WHACO! News has been mailed on February 26th. Be sure and use the new Database PASSWORD on page 2 for Internet access to the WHACO! Database. The old password expires on March 3rd.
WHACO! pricing has changed slightly. Regular membership is $20/year for U.S. members and $25 for international member. The extra cost for international members does not completely cover the extra cost of mailing the newsletter worldwide.
2/26/2000
The WHACO! Database Split Up
The WHACO! Database has become so large (over 12,000 records) that it can be unreasonable slow when Internet traffic is high. As a result, the WHACO! Database has been divided into two pieces
WHACO! Recent Database Search (Fast)
WHACO! Complete Database Search (Slow)
The "Recent Database" is the most recent three years and in most cases will get the data you want more quickly. The Complete WHACO! Database is still available for historical purposes. Just select the "radio" button for the database you want.
The completeWHACO! Database is available on 3.5" diskette to members for $25 in Microsoft Excel 4.0 format (this can be read by more advanced versions of Excel).
1/31/2000
New WHACO! Gallery
A new WHACO! Gallery of International Stocks & Bonds has been added.
1/24/2000
Strasburg Update — $120,000 sale
The R.M. Smythe live auctions on 21 and 22 January had a couple of interesting results and a NEW RECORD.
An original share certificate from the Standard Oil Company brought $120,000 plus a commission of $14,400 (12%). The certificae was signed twice by J. D. Rockefeller and by Henry Flagler. The lot 1076 certificate is #21 from 1871. Certificate #1 is held by the Rockefeller family.
Item #2150, an Andrew Carnegie sidned Pullman's Palace Car Company certificate from 1878 sold for $70,000 plus a $8,400 commission (12%). The certificate was also signed by George Pullman as President. This was only the second Carnegie-signed certificate to appear in a public auction in a decade.
1/24/2000
A new WHACO! Dealer — Portafoglio Storico
Bologna
Italy 40131
(Antique Stocks & Bonds — Worldwide & Italian)
PH: 051520 992
Mail To: Portafoglio Storico
1/17/2000
WHACO! Database Update
The WHACO! Database Update was posted on January 17, 2000 to include several hundred entries from September 1999 to December 1999.
11/25/99
A new WHACO! Dealer — Tom Lareau
8210 Light Horse Ct.
Annandale VA 22003
(Antique Stocks & Bonds)
PH: (703) 978-9631
Mail To: Tom Lareau
11/24/99
A litte WHACO! true story humor.
Recently a WHACO! dealer received a letter that was slightly misphrased. The
letter, in its entirety, received from Mohamed M. in Canada:
Dear Sir:
Enclosed you will find a copy of two bank notes. Please forward me the
estimated value for these items. I may be interested in selling them if
there is an appropriate buyer who would like to own them.
Sincerely,
.....
The copy was included, but we hope it isn't true that 14 dealers sent him the money.
10/20/99
A new WHACO! Dealer — Gold Coast Trading
P.O. Box 393
Newark, Delaware 19715
(Scripophily)
PH: (302) 235-1698 — FAX: (302) 235-1698
Mail To: Gold Coast Trading
9/27/99
WHACO! Auction October 16th, 1999
The WHACO! Auction Results are posted. This mini-auction was part of the WHACO! Show and Auction on October 16th. There was a wide variety of material in the auction, check it out.
7/30/99
A new WHACO! Great Britain Dealer — M. Veissid & Co.
7 Castle Gates
Shrewsbury GB SY1 2AE
(Worldwide Bonds &: Shares)
PH: (44) 1743 272140 — FAX: (44) 1743 366041
Mail To: M. Veissid & Co.
7/10/99
WHACO! Dealer Scripophily Inverview with the ARKANSAS DEMOCRAT-GAZETTE
An interview by dealer member Scripophily.com was posted on Thursday 7/8/99.
6/22/99
Cool Website
Collectible Stocks and Bonds at www.oldstocks.com was named CNBC Cool Website for June 17th, 1999. Congratulations!
3/21/99
A new WHACO! Italian Dealer — Finance Area
Via Pestrino, 6
I-30035 MIRANO(VE)
ITALY
(US Stock and Bond Certificates)
PH: +390 41 431989 — FAX: +390 41 5702091
Mail To: Finance Area
3/14/99
A new antique bond fraud revealed
Business Week, 2/5/99, On-Line News Flash! section says:
"Will pre-World War II German bonds someday be redeemed -- and pay investors a king's ransom? A Michigan bond house's efforts to market a batch of such controversial bonds (see Up Front, "Weimar Bonds: A Chunk of History, a Whole Lot of Risk," 11/25/96) is landing the firm on the wrong side of the Securities & Exchange Commission. On Feb. 4, the SEC filed a civil lawsuit in the U.S. District Court for the Southern District of Florida against J.W. Korth & Co., a Farmington Hills (Mich.) outfit that had been marketing some 1924 and 1930 defaulted German bonds from its Miami office. "
If it's still available you can view their News Flash.
1/28/99
New WHACO! Scripophily Dealers
Americana Enterprises
P.O. Box 7126
Colorado Springs, CO 80933
Phone: 719-634-0268
(Old Stock and Bond Certificates)
701 Gold Run Ct
Reno, NV 89511
(Old Stock and Bond Certificates)
PH: 702-852-8822 — FAX: 702-851-3432
Mail To: Fred Holabird Americana
Homepage of Fred Holabird Americana
Archives International
[POC: Robert Schwartz]
P.O. Box 2429
New York, NY 10021
(Old Stock and Bond Certificates)
PH: 712-541-9500 — FAX: 712-541-9528
Mail To: Archives International
12/14/98
Two More Antique Bond Frauds Revealed
Two more frauds are revealed by the Securities and Exchange Commission:
California -- Entity: Fidelity Secured Deposit Corp. ( FSDC )
Wyoming -- Entities: Global American Prosperity Foundation (GAPF) and Financial Sovereign Acquisition Trust (FAST).
12/11/98
A new antique bond fraud revealed
The Washington Post 12/2/98 DIGEST section says:
"The SEC said two Florida men fraudulently sold 19th-century railroad bonds, claiming some of them could be worth billions of dollars. The Securities and Exchange Commission obtained a court order freezing the assets of Peter D. Zaccagnino III of Kissimmee and John L. Klein of Miami. The order also requires the men to provide an accounting of the $4.8 million they received from investors and to stop marketing the bonds, which are worthless except as memorabilia, the SEC said."
If it's still up you can view their DIGEST.
More information is available at the SEC Homepage..
11/3/98
A new WHACO! Dealer Homepage
10/23/98
WHACO! Auction November 14th, 1998 Update
The Draft WHACO! Auction was posted on October 23, 1998. This mini-auction will be part of the WHACO! Show and Auction on November 14th.
7/24/98
IBSS Share Description On-line
The International Bond and Share Society (IBSS) has added an educational, interactive share description to their homepage.
Other good information is available on their new site at http://www.scripophily.org/ibssociety/aboutscripophily.htm.
7/5/98
New Continuous On-line Auction
Scripophily.com conducts a continuous on-line auction on Ebay. Contact Scripophily.com at info@scripophily.com.
7/4/98
***** WHACO! News Flash *****
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
Litigation Release No. 15787 / June 19, 1998
SEC v. Albert E. Carter, Kelly Polatis and Eunice Polatis, Civil Action
No. 2:98CV 0440B, (USDC D.Ut.)(June 18, 1998)
On June 18, 1998, a civil complaint was filed against Albert E. Carter, Kelly Polatis and Eunice Polatis alleging the defendants have, since at least March 1997, been perpetrating a securities fraud by selling over $3.5 million of nineteenth century state and railroad bonds, which have only nominal value as collectibles, to investors as investment vehicles capable of generating extraordinary returns to those investors. The bonds being sold by the defendants were issued by the Chicago, Saginaw & Canada Railway Co. in 1873, the East Alabama & Cincinnati Railway Co.in 1870 and by the State of Mississippi in 1838. The defendants have represented among other things that the bonds are redeemable in gold and are guaranteed by the United States government; Carter has also represented that the East Alabama bonds are guaranteed by the State of Alabama. It is also alleged that Carter has sold interests in an offshore investment program into which he claims the nineteenth century bonds can be placed, generating annual returns of 100% to 500%.
The complaint alleges that the defendants violated Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. As part of the complaint, the Commission seeks, among other relief: a preliminary injunction; a freeze of the defendants assets; a freeze of the assets of Valice Ltd. LLC, Duro L.C. and Iron Horse One, Inc., three relief defendants who received proceeds of sales by the Polatises; disgorgement of all illegally obtained profits with prejudgment interest thereon and the imposition of civil money penalties.
Also on June 18, 1998, the Honorable Dee V. Benson, United States District Judge, issued an order freezing the assets of Carter, Kelly Polatis, Eunice Polatis and the three relief defendants.
7/1/98
New WHACO! Advertiser
6/28/98
***** WHACO! News Flash *****
WHACO! warned collectors almost two years ago. Here's an article from the San Jose Mercury News on 6/20/98
SEC sues 3 people in bond fraud
The Securities and Exchange Commission sued three individuals in Utah, alleging they fraudulently sold more than $3.5 million in 19th-century state and railroad bonds. In a case filed in federal court in Salt Lake City, the SEC alleged that the bonds have only nominal value as collectibles but were sold as investment vehicles capable of generating huge Returns. The bonds, sold since at least March 1997, were issued by the Chicago, Saginaw & Canada Railway Co. in 1873, the East Alabama & Cincinnati Railway Co. in 1870 and by the state of Mississippi in 1838. Lawyers for the defendants couldn't be reached immediately for comment.
More What's New at WHACO!
