History
Scripophily, the collecting of old stocks and bonds, gained recognition as a hobby around 1970. The word "scripophily" was coined by combining words from English and Greek. The word "scrip" represents an ownership right and the word "philos" means to love.
Today, there are thousands of collectors worldwide (Scripophilists) in search of scarce, rare, and popular stocks and bonds. Collectors who come from a variety of businesses enjoy this as a hobby, although there are many who also consider scripophily a good investment. In fact, over the past several years, the hobby has exploded in popularity.
Many collectors like the historical significance of old certificates. Others prefer the beauty of older stocks and bonds that were printed in various colors with fancy artwork and ornate engraving. In recent times, Dot com companies and scandals have been particularly popular issuances.
A recent addition to the hobby is collecting real, live shares issued in one's name. Common companies that issue stock certificates include Walt Disney, Harley-Davidson, McDonald's, Starbucks, Google, Ford Motors, Coca-Cola, and Berkshire Hathaway. Again, framing is a popular option for these shares.
Many autograph collectors are found in this field, looking for signed certificates from John D. Rockefeller of Standard Oil Company, Henry Carey of the Franklin Fire Insurance Company, Ringling Brothers and Barnum & Bailey Circus, Atari Corporation, Eddie Rickenbacker as president of Eastern Air Lines, Tucker Corporation and many others.
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—George Orwell (1903–1950)
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