Wednesday, March 01, 2006

Price Range $2000 or more

Scripophily, or the practice of collecting stock and bond certificates, is an interesting hobby.

When you buy a stock, you usually aren't really buying into a fraction of the company any more, but a piece of paper that says you can trade it's price. Most of the time you never see that piece of paper, since it costs over $50 to get from your brokerage.

Maybe one way a stock could be valued is by the quality and collectibility of the share certificate? If we consider stocks as a piece of art rather than a company, how do we value that stock?

Google a Monet?

Apple a Picasso?

Microsoft a Pollock?

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