1953 IBM Group Life Insurance Policy

Discussion in 'Ephemera and Photographs' started by i need help, Aug 9, 2019.

  1. i need help

    i need help Moderator Moderator

    53C15B94-6081-41E2-8412-D0E20C89CA21.jpeg 851AC646-8786-42AB-88D4-145F50F8A83D.jpeg I have this redeemed policy, I was going to shred. I wouldn’t sell it as it’s a family member. Just want to know it’s ok to shred. Thank you for looking. :shame:
     
    i need help, Aug 9, 2019
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  2. Bakersgma

    Bakersgma Well-Known Member

    If you know for sure it was redeemed, shred away
     
    Bakersgma, Aug 9, 2019
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  3. i need help

    i need help Moderator Moderator

    Yes it is, Thank you! :)
     
    i need help, Aug 9, 2019
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  4. Lucille.b

    Lucille.b Well-Known Member

    Some of the older IBM items can have value (not suggesting this Life Ins. policy--if definitely cashed in, by all means "shred".)

    The older "THINK" IBM desk plaques are collected, seem now to be a bit down in value (7 years ago sold one for $150), you might look to see if there is anything like that sitting around if you had a family member that worked at IBM.
     
    Lucille.b, Aug 9, 2019
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  5. i need help

    i need help Moderator Moderator

    Thank you, Lucille! I just have a few more odds and ends items, that I’ve looked into and they were nothing special, but I keep finding things. :)
     
    i need help, Aug 9, 2019
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  6. Mansons2005

    Mansons2005 Nasty by Nature, Curmudgeon by Choice

    If this has no redeemable value, I would surely offer it at $25 and wait for offers. I have sold the torn off covers of obscure company handbooks, internal memos, furniture factory receipts, etc. for some, albeit low, but still astonishing sums. I do not presume to know what others are interested in, so I throw almost everything against the wall t least once.

    Example - some may remember a few years ago I offered a "Mile of Vintage Embroidery Floss" on this forum. Got no takers, so I listed it on Bonanza and sold the lot almost immediately.

    As a matter of fact, I have a "scrape" book of a gentleman's career with the local telephone company (1919 - 1965?) I am trying to determine a selling strategy for right now. I may pass it by youse guys if I get around to cataloguing and photographing it.
     
    Mansons2005, Aug 9, 2019
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  7. terry5732

    terry5732 Well-Known Member

    $2.61 a month for 20 years. Paid out $600,000.
    261 001.JPG 261 002.JPG
    All I got left is this paper. Nursing home took the rest.
     
    terry5732, Aug 9, 2019
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  8. i need help

    i need help Moderator Moderator

    i need help, Aug 9, 2019
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  9. i need help

    i need help Moderator Moderator

    Thanks, Mansons! I’ll likely just shred it, if anything. (I’m probably just looking for an excuse not to shred it) I don’t have much to remember my dad by.
     
    i need help, Aug 9, 2019
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  10. komokwa

    komokwa The Truth is out there...!

    then keep it...
     
    komokwa, Aug 10, 2019
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  11. Figtree3

    Figtree3 What would you do if you weren't afraid?

    Keeping it for remembrance is a good idea.
     
    Figtree3, Aug 10, 2019
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