We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Very old "certificate of deposit"
BaconWizard
Posts: 5 Forumite
Hi,
During clearing my recently departed Grandfather's house I found several certificates of deposit dating from 1920. They are 12-year mortage ones for San Antonio Land and Irrigation Co Limited.
Now, I am guessing they aren't worth much. The original investment was a total of £1500 but I'm wondering what to do with them now, if anything. Are they even worth the face value anymore?
J
During clearing my recently departed Grandfather's house I found several certificates of deposit dating from 1920. They are 12-year mortage ones for San Antonio Land and Irrigation Co Limited.
Now, I am guessing they aren't worth much. The original investment was a total of £1500 but I'm wondering what to do with them now, if anything. Are they even worth the face value anymore?
J
0
Comments
-
Antiques eh? try historicstockmarket.com and ask them how much.
You basically need them valuing and you need an antiques dealer.
They appear to be going for £10 each on ebay at the moment, Their par value will be £100/$100. There should be a list of depositaries at the bottom who may still exist and you may still be able to redeem them but you're probably looking at an antiques dealer.
They do make great artwork for an IFA, I have some old bonds and such on my walls!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards