FOR IMMEDIATE RELEASE
Contact: Media Relations, PSTA.com
Tel: 703-579-4209; e-mail:
media@psta.com
Professional Scripophily Trade
Association launched in January ’04 is met with strong support
Committed to preservation
and collection of Stock and Bond Certificates
WASHINGTON, DC
(January 20, 2004) –
The
Professional Scripophily Trade Association (“PSTA”) is an
organization of Scripophily Dealers Committed to establishing a very high
level of integrity in the development and promotion of collectible stock
certificates and bonds. The PSTA commitment to offering first class customer
service and professionalism in all transactions is the intended hallmark of
the organization’s founders.
As a leading
organization of Scripophily dealers,
the
mission of the PSTA is to help promote the study and collection of
Scripophily for collectors and researchers, additionally offering assistance
for the interpretation and preservation of financial history. The PSTA will
help support educational projects, programs, seminars and museums as well as
assisting collectors and the general public gain a better understanding of
Scripophily, Finance and Business History.
The founders of the PSTA, Bob Kerstein, CEO of Scripophily.com and Scott
Winslow, CEO of
Scott J. Winslow
Associates, Inc.
are extremely pleased with the organization’s progress. In just 2 weeks the
PSTA has already added more than 15 members who consist of the largest
dealers of Scripophily in the United States and much interest in the
organization has been forthcoming from the international community.
“One of the main tasks of the PSTA is to create a greater awareness about
the exciting hobby of Scripophily and Financial History. Being such young
specialty which appears to be entering a tremendous growth phase, we have
felt the need for an organization to help establish standards and
consistency within the field says Bob Kerstein, PSTA President “The PSTA
also offers a forum of experienced dealers committed to assisting buyers in
building their collections and offering guidance in the detection of
forgeries and fraud”, adds Kerstein.
“We want to establish meaningful historical price guides, rating and
scarcity standards, so buyers of Scripophily can make a more educated
decision before making a purchase” said Scott Winslow, PTSA Vice President.
“The growth of the hobby demands that we develop a level of standards that
all can agree upon in terms of grading and scarcity scales which will be of
invaluable assistance to less experience collectors entering the hobby. As
such, we intend to foster an environment of confidence and excitement in the
future growth of this wonderful and important part of the history of
entrepreneurship.”
Scripophily [scrip-ah-fil-ly] is the hobby’s name of collecting old stock
and bond certificates. Historical certificates which otherwise have no
value as financial claims, are bought for their artistic and historical
value by collectors. Values range from a few dollars to more than $100,000
for the rarest. Tens of thousands of Scripophily buyers worldwide include
individuals decorating their home, corporate gift buyers, and casual and
serious collectors.
Bob Kerstein, CEO of Scripophily.com, and co founder of the PSTA, has more
than 25 years of senior management experience in the Cellular, Cable TV,
Satellite, Internet, Professional Sports and Entertainment Industries and
now spends all of his time in the field of Scripophily.
Scott Winslow,
president of Scott J. Winslow Associates, Inc. and co founder of the PSTA is
a member of all the major trade organizations, including the Manuscript
Society, and the prestigious Professional Autograph Dealers Association. Mr.
Winslow has been involved in the paper collectibles business for over twenty
years; he has given numerous talks to various groups on paper collectibles
and been consulted in the identification of forged securities and historical
materials
For more information on the
Professional Scripophily Trade Association
please go to
PSTA.com or call 1-703-579-4209.
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