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You should make copies of your stock certificate(s) and completed Letter of Transmittal. We recommend the use of an overnight courier service, like Federal Express, UPS or DHL, to deliver documents to Registrar and Transfer Company.
If the share certificate is registered in your name, you have three options: Keep it in a safe place until you are ready to trade it. Deposit the shares into an existing brokerage account. Open a brokerage account and deposit the shares.
Investors can cash out stocks by selling them on a stock exchange through a broker. Stocks are relatively liquid assets, meaning they can be converted into cash quickly, especially compared to investments like real estate or jewelry.
You'll first need to open a nominee share dealing account, then send your certificates to the chosen broker with a completed transfer form. Check first to find out what, if any, charges there will be for this. It's always a good idea to send certificates by delivery postal service so that you can keep track of them.
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.
Once complete, send the notarized certificate to the transfer agent, who will register the stock to you as owner. At that point, you can sell the stock through the transfer agent or via a stockbroker.
To fill out a stock certificate, you fill in the name of the shareholder, the name of the corporation, the number of shares represented by the certificate, the date, and possibly an identification number. There is also a space for a corporate officer to sign on behalf of the corporation and to affix the corporate seal.
To sell a security for which you hold a physical certificate: check with your broker-dealer to see if they accept delivery of physical certificates, and if so, deliver the certificate to your broker-dealer ing to the firm's instructions and with your instructions to sell; or.