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Whilst paper share certificates will no longer be valid, your holdings will be unchanged ? they will just be held electronically instead.
Scripophily. If the company is no longer in existence, the share certificate itself might still have some value to a collector. Share certificates are collected by scripophily enthusiasts for their historical significance and/or for their artwork and intricate engraving.
Your local library may have print and online sources that will help you find out, in what form, and if its stock still has value. You can do a quick check on free stock market quote services, such as: Big Charts. Over the Counter Bulletin Board (OTCBB)
The value of the stock certificate will be the share price of the company. Old stock certificates of companies that do not exist anymore may also still have value. The company could have merged or been acquired with another company and the stock certificate will translate into ownership of the existing company.
If the company is no longer in existence, the share certificate itself might still have some value to a collector. Share certificates are collected by scripophily enthusiasts for their historical significance and/or for their artwork and intricate engraving.
The broker or transfer agent will report the certificates as missing to the LSSP. If you later find the missing certificate, you should notify whomever you called to place the ?stop transfer? so that the lost or stolen securities report may be removed.
In order to cash in the stock, you need to fill out the transfer form on the back of the certificate and have it notarized. Once complete, send the notarized certificate to the transfer agent, who will register the stock to you as owner.
Stock certificates do not expire. If you have a stock certificate that is extremely old of a company that still exists, that stock certificate is still valid and represents ownership in that company.
You can cash them in through the transfer agent of the company with which the stock is owned. Or, you can work with a broker to sell the stock. Research the value of the stock to know whether you are holding on to fortune in cash or simply a pretty, collectible piece of paper.
How do I convert my old share certificates into electronic form? YouTube Start of suggested clip End of suggested clip Account no money is required to open an account. Step 2 present share certificates to your stockMoreAccount no money is required to open an account. Step 2 present share certificates to your stock broker or investment bank where you have opened a cds. Account.