tag:blogger.com,1999:blog-4217904132014604050.post6071404546682834323..comments2023-03-28T08:55:01.969-06:00Comments on Coxrail News and Announcements: January newsletter onlineTerry Coxhttp://www.blogger.com/profile/01519274625518716666noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4217904132014604050.post-66015552638589891202009-01-26T15:40:00.000-07:002009-01-26T15:40:00.000-07:00Great newsletter Terry, Thanks. On the cancellatio...Great newsletter Terry, Thanks. On the cancellation question, if a stock for a company I'm familiar with is lightly cancelled, as with a transfer, I've never valued it differently than uncancelled versions. After all, it just helps document the history of the piece. But when I see a piece for a company I don't recognize, and a buying decision must be made without additional information, I find it very helpful to look for any signs of transfer, cancellation, or book pasting. I find it a big clue to determining if the stock is from a hoard/archive, or if it's truly rare and came out of someone's Grandpa's safe. So I'll take a complete description of the front and back of a certificate over a strictly accurate usage of cancelled/uncancelled any day!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4217904132014604050.post-44985429403962043712009-01-23T07:21:00.000-07:002009-01-23T07:21:00.000-07:00This newsletter is somewhat of a milestone. I did ...This newsletter is somewhat of a milestone. I did not realize it, but this newsletter represents the start of my 10th year writing newsletters.<BR><BR>It is appropriate that this newsletter has already attracted more comments than any other, primarily because of my article about inadequate and thoughtless packaging of collectible paper documents. Several people also complained about how beginning sellers also have a nagging tendency to <B>OVERPACK</B> and make it really hard to get into packages.<BR><BR>This Jan, 2009 newsletter has attracted a few comments about whether we should consider transferred certificates as 'cancelled.' (In this respect, I am being outvoted!) Be sure to send YOUR opinions.Terry Coxhttps://www.blogger.com/profile/01519274625518716666noreply@blogger.comtag:blogger.com,1999:blog-4217904132014604050.post-66865232768790152592009-01-23T07:06:00.000-07:002009-01-23T07:06:00.000-07:00I stand corrected; the monogram actually represent...I stand corrected; the monogram actually represents the <B>FRANKLIN-LEE BANK NOTE COMPANY.</B> (You can see the top part of the 'F' sticking out above the 'B' and the 'L' extending below the right leg of the 'N'.) This monogram appears on a stock certificate of the Cleveland Lorain & Wheeling Railway Co (CLE-574-S-51. The certificate carries the imprint of the Homer Lee Bank Note Company, but seems to have been printed at (or shortly after) the time HLBNCo became part of the Franklin-Lee Bank Note Company in 1898. The FLBNCo monogram was overprinted on top of the colored border and appears in bottom right corner. The certificate is dated 1904, the year before FLBNCo was merged into American Bank Note Company.Terry Coxhttps://www.blogger.com/profile/01519274625518716666noreply@blogger.comtag:blogger.com,1999:blog-4217904132014604050.post-26273948036741284982009-01-22T09:59:00.000-07:002009-01-22T09:59:00.000-07:00Terry,The monogram shown in this post is labeled "...Terry,<BR/>The monogram shown in this post is labeled "Tiny, rarely-seen monogram from the Homer Lee Bank Note Company, only about 0.2 inches wide" in your newsletter. I guess I don't see the HLBNCo. I do see ABNCo. <BR/><BR/>BernieAnonymousnoreply@blogger.com