Stick Certificate For Free

An old stock or bond certificate may still be valuable even if it no longer trades under the name printed on the certificate. The company may have merged with another company or simply changed its name.

Are stock certificates required? No, unlike in the past, businesses are no longer required to issue stock certificates, although stock owners can request a certificate if they wish.

Stock Certificates Are No Longer Necessary Today, most of the world's exchanges have either done away with or are phasing out paper certificates. Stock ownership is much easier to prove now thanks to electronic records and electronic communication networks (ECN).

Brokers may charge up to $500 for issuing a paper certificate, though this fee can be avoided by either holding share in street name (in the United States street name securities are securities held electronically in the account of a stockbroker, similar to a bank account) or registering shares directly with the stock

If you can track down the issuing company and get its CUSIP number, you can reach out to a transfer agent, complete a transfer form and place a sell order to cash in your old stock certificate. Otherwise, you could simply keep the certificate if the company no longer exists.

"Can I sell shares without a certificate?" is a question many shareholders end up asking themselves. The answer is no because the certificate needs to be endorsed to be sold, but you can get your paper certificate reissued.

A stock certificate is a piece of paper that shows that the investor owns shares in the company. Stock certificate paper is a paper record that shows the investor owns the shares and how many shares the investor owns.The company then mails the certificates to the investors.