Anybody still have 'em? I can't remember when the last time an interest payment was made but I do remember it was a significant amount.

Im pretty sure they paid them all out not long after the previous fur boom.I know I cashed mine in and the intrest paid was around 50 percent-got a nice payout.
For them to start issuing RPCs again the board would have to approve it.
I know the boards priority is to insure the viability of the auction house and mtc on the facility and marketing.
There is an American on the board representing american members.
He could likely answer any questions you have BP

So you no longer have any? I remember the big interest payment (like you said around 50%) but it was sent to me. I didn't do anything or turn in any certificates.

As far as issuing new ones I doubt that will ever happen. At the time I think the RPC's were a competitive posture with NAFA's "North American Fur Council" membership which discounted shipping and reduced selling commissions by 2%

If you're the only show in town no need anymore.

You got that backwards BP.
FHA had RPCs since they started or soon after,When the trappers and trappers councils and the UOI ponied up when the OTA went down in early 90s and started FHA as the sucessor to the Ontario Trappers assn auction house.
Nafa much later formed the WFSC to compete with FHA.I was a founding member of WFSC,since I shipped fur occasionally to NAFA.

I stand corrected on the detail then.

I'm still fuzzy on whether you no longer hold certificates though. You stated you cashed them in which leads me to believe you no longer hold any? Not that its anybody's business...just that I thought all the certificate holders got an interest payment without turning them in. There is a process for turning in the certificates for their face value but I've never done it.

If I remember correctly BP (Im getting old) they basically said they were paying out all RPCs with intrest.I dont think there was any requirement to cash rhem in at that time.
I know some trappers would cash in their certificates every year and there was a process for that.Most trappers left their certificates with the company and those were the ones that got the big intrest payments when they were all paid out.
I think I still have a couple of the paper certificates somewhere but I think those are pretty much like confederate dollars now.
I could be wrong,you may want to check with someone at FHA.
Dirt is correct,I had 2 marten left over from a previous NAFA sale but eventually got paid for them,I believe 20 bucks each or so.Quite a bit less than they would have brought if they had sold them before they went belly up.
Nafa paid out some big WFSC dividend cheques just before they went belly up.
It seems the WFSC directors were just yes men for the ranchers and didnt look out for the intrests of the trappers unlike FHA.

Going from memory, I think after that big price year in 2013, I got a WFSC rebate kickback of around $6,000 that was included with my next check the following sale. NAFA was good while they lasted, just a rotten deal to go out the way they did, leaving trappers and fur buyers with bad checks, and putting the entire North American fur industry into a tailspin. FHA is now finally getting some good prices and finding acceptable markets for our fur again. I'm glad they are still in the game, and I will continue to utilize their services, as long as they are able to maintain good prices. Historically, FHA has NOT always been the best marketing option for my fur. Currently though, they are doing an exceptional job of bringing in buyers willing to pay the big $$ on some of the species I trap.

I'm going to have to fact check you Boco, but I'll wait for a time when they aren't as busy up in North Bay. I think FHA payed off some of the older certificates, but that was different than paying interest on all of them. If they paid it off then of course the paper you hold is confederate dollars. I got a big interest payment but not the principal on the certificates that I hold.

I've been thinking that at some point since it's been a long time, perhaps another interest payment might be considered. Or, for that matter paying off certificate holders with both principal and interest.

It was always my understanding that there was no expiration date on the certificates, and those of us that hold them had invested in the company in a manner.