How Do I Sell My Old Stock Certificates?

Can I give my shares to a family member?

For example, you can transfer shares to family members or a spouse, but they have to be members of the same investment platform such as AJ Bell Youinvest or The Share Centre in order to complete the transaction electronically.

In this situation the person gifting the shares wouldn’t be liable for any capital gains tax..

How do I sell inherited stock?

How to Sell Inherited StocksOpen a brokerage account in your name. Shares of inherited stock should be moved from the deceased’s account to your own. … Determine your goals. … Verify your cost basis. … Find the company’s ticker symbol. … Sell the stock.

How do I sell stock with stock certificates?

Most stock certificates have a place on the back where you sign to transfer ownership. Call your online brokerage firm and ask if they need you to sign the certificate in any particular way. Then you have to mail the certificate to the brokerage firm.

Is my old stock certificate worth anything?

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.

Do stock certificates have beneficiaries?

The TOD beneficiary has no rights to the stock as long as you are alive. You can sell it, give it away, name a different beneficiary, or close the account. But after your death, the beneficiary can easily claim the securities without probate.

What happens to my shares if a company is bought?

If the buyout is an all-cash deal, shares of your stock will disappear from your portfolio at some point following the deal’s official closing date and be replaced by the cash value of the shares specified in the buyout. If it is an all-stock deal, the shares will be replaced by shares of the company doing the buying.

How do I sell paper stock?

You can sell your shares directly to the transfer agent. If you have possession of the stock certificates, you’ll need to sign them and send them to the transfer agent, along with whatever paperwork the agent needs. You’ll probably have to include a fee, although some agents may perform this service for free.

How do I find the value of old stock certificates?

Contact your stockbroker to search the stock’s worth via its CUSIP number if the steps given earlier yield no results. This number is printed on the back of the stock certificate. Use a fee-based service to search your stock’s history if the earlier steps come up empty. Fees can range from $40 to $85 or more.

How do you prove ownership of stock?

A stock certificate is a document that proves that you own stock in a company. In the digital age, you can prove stock ownership without holding a physical certificate….To prove their legitimacy, stock certificates should also include:A seal of authenticity.An official signature.A registered certificate number.

Do stock certificates expire?

Stock shares do not have an expiration date. … This may be the case with an old stock certificate you found in a trunk, but it will not hurt to check it out.

Can you sell shares without a broker?

For issuer-sponsored shares, that is, shares you hold via a direct relationship with the company you hold shares in, you can use a simple online broking service like Sell My Shares to facilitate the sale of your shares. … So effectively you can sell shares without a broker in the typical sense.

What do you do with old stock certificates?

All you need to do is contact the company and ask for its transfer agent. The transfer agent is the person that will help you get registered as the owner of the certificate and collect any uncollected dividends.

How do I transfer ownership of a stock certificate?

The owner must endorse the stock by signing it in the presence of a guarantor, which can be their bank or broker. There may also be a form on the back of the certificate, which relates to the transferring of ownership. After the certificate is complete, it will be rendered non-negotiable and becomes transferable.

Who buys old stock certificates?

One of the major ones is OldCompany.com, an affiliate of Scripophily.com. The fee is $39.95 per search, but there’s no charge if they don’t find any information about your stock. Scripophily is a term for the hobby of collecting old stock certificates.

Can you sell stock without certificate?

“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.