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By cnnfn.com
NEW YORK (CNNfn) - Defunct stock certificates are not always useless. Online auction site Scripophily said many collectors are stocking up on stock certificates issued from failed companies, hoping for value that lasts beyond that of the issuing company's demise.
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But why would you want to hold on to these so-called worthless papers? Bob Kerstein, chief executive of Scripophily, appeared on CNNfn's The N.E.W. Show to explain.
You can e-mail questions and suggestions for future guests to LeadingEdge@CNNfn.com . The Leading Edge airs on the CNNfn network at 6:20 p.m. ET, Monday through Friday.
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