Donald Trump's stock is rising, and not just among the electorate.
Original stock certificates from Trump Entertainment Resorts, Trump's thrice-bankrupt holding company for his Atlantic City hotel and casino properties the Trump Taj Mahal and Trump Plaza, have seen a significant jump in interest and value since the billionaire businessman became a politician -- even though the stock itself hasn't been trading for quite some time.
While the paper no longer holds the original value intended, it's developing its own kind of collector's value now that Trump is the most talked about man on the planet.
"It's unfortunate, because they lost so much money on that thing, the company went belly-up," said Bob Kerstein, owner of stock and bond dealer Scripophily. "But at the same time, these certificates have much more money or value as a collectible than they ever did as a redeemable security."
A signed certificate.
Trump Entertainment originally went public as Trump Hotel & Casino Resorts in 1995, raising $130.5 million through an offering of 10 million shares. The ticker symbol was DJT, Trump's initials. Nearly a decade later, the entity's finances went south, forcing it into bankruptcy in 2004. The firm reemerged as Trump Entertainment Resorts in 2005 but filed again in 2009. That year, Trump and his daughter, Ivanka, resigned from the company's board and distanced themselves from operations. Trump Entertainment Resorts was delisted from the NASDAQ in February 2009, and though operations sans Trump continued, they didn't get much better. The firm filed for bankruptcy again in 2014, emerged again in 2015, and is now under the control of Icahn Enterprises.