Molly Ayala
Old stock certificates, once given to investors when they bought stock, are now uncommon as most stocks are kept electronically. If you've found one, it may be worth something, so you should look up the company name and location of incorporation, a CUSIP number, and the registered owner's name. If the company still exists, you can look into its history and any reorganisations or acquisitions. If the company no longer exists, you may need to speak to a lawyer. Stock and bond search companies can also help you investigate for a fee. Potomac Electric Power Company, also known as Pepco, is a diversified energy company headquartered in Washington, D.C. It was founded in 1896 and serves 687,000 customers in the Washington area. Its stock certificates are available for purchase on eBay, with prices ranging from US$6.25 to US$9.25.
| Characteristics | Values |
|---|---|
| Company Name | Potomac Electric Power Company |
| Year | 1974 |
| Description | The certificate has an ornate border with a vignette of two allegorical people standing beside a portrait of George Washington. It has the printed signatures of the Company's President and Secretary. |
| Current Status | Potomac Electric Power Company is now Pepco Holdings, Inc., a diversified energy company with headquarters in Washington, D.C. |
| Stock Information | Historical prices for PEPCO common stock from 1952-1989 are available online. In 2016, Exelon acquired Pepco Holdings Inc. (PHI). Each share of PHI (former ticker POM) was converted into a cash payment of $27.25 per share. |
| Specimen Stocks and Bonds | Potomac Electric Power Co. specimen stocks and bonds are available for purchase on eBay. |
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What You'll Learn
- Potomac Electric Power Co. stock certificates are available on eBay
- The company was founded in 1896 and is headquartered in Washington, D.C
- It serves over 687,000 customers in the Washington area
- The certificate includes signatures of the Company's President and Secretary
- The value of old stock certificates depends on the company's current status
Potomac Electric Power Co. stock certificates are available on eBay
If you are looking for Potomac Electric Power Co. stock certificates, eBay is a great place to start your search. As old stock certificates become rarer and potentially more valuable, eBay can be a good place to find sellers offering these historic documents.
A quick search on eBay for "Potomac Electric Power Co. stock certificates" reveals several listings for specimen stocks and bonds. One listing, in particular, from a seller in New Hampshire, offers a Potomac Electric Power Co. stock certificate for US$6.25 with returns accepted. This seller also offers Klarna payment options and provides detailed information on shipping.
Another listing, from George H. LaBarre Galleries, Inc., a seller of unique collectibles, also offers Potomac Electric Power Co. specimen stocks and bonds. LaBarre Galleries, Inc. prides itself on providing an engaging shopping experience, with each piece telling a story and reflecting the passion of its collectors.
It is important to note that the value of old stock certificates can vary. If you are looking to cash in on your discovery, it is essential to look for specific information on the certificate, such as the company name, location of incorporation, CUSIP number, and registered owner's name. This information can help you determine the certificate's legitimacy and potential value.
Additionally, keep in mind that companies rarely handle their securities in-house, so you may need to contact a transfer agent to inquire about transferring ownership. In some cases, stock and bond search companies, such as RM Smythe, can assist in investigating the value of old stocks for a fee.
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The company was founded in 1896 and is headquartered in Washington, D.C
The Potomac Electric Power Company, also known as Potomac Electric Power Co. or Pepco, was founded in 1896 and is headquartered in Washington, D.C. The company is an investor-owned electric utility that serves around 687,000 customers in the Washington area, including 94% of Montgomery County and 78% of Prince George's County.
The company's stock certificates, also referred to as specimen stocks, are available for purchase on eBay through sellers such as George H. LaBarre Galleries, Inc. These certificates are considered collectibles and may hold value for those interested in scripophily, which is the hobby of collecting old stock and bond certificates.
If you possess a Potomac Electric Power Company stock certificate and are curious about its cash value, there are a few steps you can take to investigate. Firstly, examine the certificate for essential details such as the company name, location of incorporation, a CUSIP number, and the registered owner's name. This information will aid in determining the next steps.
If the company still exists, you can research its current status and any historical changes it may have undergone, such as mergers or name changes. In the case of Potomac Electric Power Company, it appears that the company has undergone several acquisitions and mergers over the years. In 1978, it was known as Pepco Holdings, Inc., and later, in 2016, it was acquired by Exelon Corporation, with each share of PHI being converted into a cash payment of $27.25 per share.
If the company no longer exists or has undergone significant changes, you may need to consult transfer agents or stock and bond search companies to determine the value of your certificate. These professionals can guide you through the process of establishing ownership and understanding the worth of your stock certificate.
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It serves over 687,000 customers in the Washington area
Potomac Electric Power Company, also known as Pepco, is an investor-owned electric utility that serves over 687,000 customers in the Washington, D.C. area. The company was founded in 1896 and is headquartered in Washington, D.C. It operates six generating plants that supply electricity to the District, 94% of Montgomery County, and 78% of Prince George's County. Additionally, Pepco supplies electricity at wholesale prices to the Southern Maryland Electric Cooperative Inc.
The company's stock has been traded on the New York Stock Exchange (NYSE) under the ticker symbol "POM". As of 1998, Pepco's revenue was $1.86 billion, with a profit of $181.8 million and earnings per share of $1.38. The company's stockholders' equity was $1.86 billion, and the return on equity was 9%.
In 2016, Exelon Corporation acquired Pepco Holdings Inc. (PHI), the parent company of Potomac Electric Power Company. As a result of the acquisition, each share of PHI (formerly POM) was converted into the right to receive a cash payment of $27.25 per share. This cash payment was fully taxable as income in 2016, regardless of when the shares were tendered for payment.
The historical share prices of Pepco and its predecessor companies are available from various sources, such as the Exelon Corporation website and financial news websites. These sources provide information on the share prices, dividend history, and other relevant details for investors and collectors of stock certificates.
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The certificate includes signatures of the Company's President and Secretary
The value of old stock certificates depends on a variety of factors. If the company still exists, then the certificate likely has value, and you can go to a library or use the internet to learn about the company's history. If the company has changed names, merged, split, reversed split, reorganised, restructured, or undergone any combination of these, the certificate might still have value. If the company is no longer public, your search ends, and there may be legal repercussions. If the company has declared bankruptcy, the stock is likely worthless.
If you have a Potomac Electric Power Co. stock certificate, you can start by looking at a few key things on the certificate. First, note the name of the person to whom the security is registered. This information is vital for transferring ownership if the stock proves valuable. Second, look for the company name and location of incorporation, a CUSIP number, and the date of issue. All these items are likely on the certificate's face.
If you have successfully found all this information, you'll need to find the transfer agent's name, as companies rarely handle their own securities in-house. They prefer that another company takes care of the bookkeeping and issuing of securities. The transfer agent will have a record of the person's name on the stock certificate, and ownership can then be transferred to your name.
Potomac Electric Power Company printed in 1974 is a historic document with an ornate border and a vignette of two allegorical people standing beside a portrait of George Washington. This item has the printed signatures of the Company's President and Secretary and is over 48 years old. It is likely a valuable collector's item, and you can consider reaching out to stock and bond search companies that will do the investigative work for you for a fee.
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The value of old stock certificates depends on the company's current status
On the other hand, if the company is no longer public, there may be legal repercussions, and you should consider seeking legal advice. If the company has gone bankrupt, your stock may be worthless. However, it's worth investigating if the company underwent any reorganisation or if its assets were acquired by another company, as you may be entitled to shares in the acquiring company or a cash settlement.
In the case of Potomac Electric Power Company (PEPCO), it appears that there have been some changes over the years. As of 1998, Potomac Electric Power Co. was an investor-owned electric utility serving the Washington area. However, in 2002, Potomac Electric Power Company (PEPCO) merged with Conectiv Power Delivery to form Pepco Holdings, Inc. (PHI). Subsequently, in 2016, Exelon acquired Pepco Holdings Inc. (PHI), and each share of PHI was converted into a cash payment of $27.25 per share. Therefore, the old stock certificates of Potomac Electric Power Company may not hold the same value today, and further investigation is needed to determine their worth.
You can also engage stock and bond search companies, such as RM Smythe, to do the research for you. They may also be able to help you find a collector's value for the certificate if it has no trading value. Additionally, keep an eye out for companies that may charge more for their services than the stock is worth.
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Frequently asked questions
You should look for the company name and location of incorporation, a CUSIP number, and the name of the person with whom the security is registered.
You will then need to find the transfer agent's name. You can also contact discount brokerages to see if they will honor the certificate.
The value of your stock certificate will depend on whether the company still exists. If the company has declared bankruptcy, your stock may be worthless. However, if the company has been reorganised or its assets acquired by another company, you may be entitled to shares in the acquiring company or a cash settlement.
