Railroads issued stock certificates to people who bought stock in the company as they needed investors for the massive capital costs involved in developing a rail line. Stock certificates are usually quite beautiful with ornate and elegant engraving of the company’s logo, or name and often vignettes of locomotives or railroad themes, and in bright colors. Some stocks are still have value as an actual ownership share of a railroad still in existence, however most railroad stock certificates are really only collectible as a piece of history or artwork because the company has gone out of business and the stock is said to be cancelled. Some railroads also issued bonds or special currency in their name, which can also be collectible. Most stock certificates sell for less than $50, but some samples with extras like famous railroads, especially nice decoration, or other unique features can bring more.