Stock Certificate: $130 Million
If this isn’t the luckiest story you’ve heard then we would like to hear yours. A man from California bought a stock certificate for a company called Palmer Oil Co. for only five dollars. It turns out, they were a predecessor company to Coca-Cola.
“In 2008, the now-deceased Tony Marohn bought a number of documents at a garage sale for around $5, one of which was a stock certificate for an oil company called Palmer Union Oil Co., The Daily Mail reports. “Marohn then discovered the company’s successor is Coca-Cola and claimed that the certificate represented 1.8 million shares of the company or a $130 million stake.”
