Wednesday, August 26, 2009


If you own paper shares in the old General Motors Corp., don't despair. Cancelled GM paper stock certificates now sell to collectors for more than they're worth on the market. A blue 1980s certificate with a futuristic scene of cars and male busts is selling for $15, and a red 1950s certificate is $17.50. On the stock market, the price is under $1 a share and is expected to go to zero, but some people are still buying. At that price, it's an inexpensive gamble.

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