February 04, 2017

"Market Basket" price index updated to the end of 2016.

About every six months, I update my price index to show how railroad-related collectible scripophily prices have been doing. As you can see from this chart, prices continue to decline – AT LEAST FOR THE 43 CERTIFICATE VARIETIES THAT MAKE UP THIS INDEX.

The index, on December 31, 2016 was $3,386, down from the high of $6,913 at the end of 2003. While not particularly stunning news, I can say that prices are currently up about 1.3% since the first of the year.

Please read more at the page on the Coxrail.com website titled, Railroad Certificate Price Index.