How to sell share certificates
Selling Stock Certificates
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is anybody ever nice enough to give to
you a stock certificate
as a gift or perhaps for your education
hi this is roger grow with grow asset
are you wondering how to sell it well
here
today we're going to talk about stock
certificates and
what you can do with them in the old
days
everything traded through certificates
in today's world though because of the
need for speed and the need to reduce
the cost of
each transaction most transactions now
are done via computers
where your name is entered
electronically
on quote stock certificates
rather than physical certificates being
issued to you
however if you have one what do you do
with it
well two things number one you can
actually sign the certificate
and have that notarized on the
certificate
and then sell it at your local brokerage
firm
or you don't sign the certificate you
sign something called a stock power
and have your name notarized meaning you
have to prove that it's you
and then send them separately to
whomever
is going to be buying them probably the
stock brokerage firm
they would then combine them creating a
live
certificate that they could then process
as a sale for
somebody else so that's a little bit
about it
now it might be fun sometimes especially
when teaching kids
to give them a stock certificate so you
can still do that
you just have to buy the shares and then
request your certificate from the broker
whoever you've bought it from they'll
gladly process it they'll probably
charge you a fee to do that
but if it's a history lesson they
probably get more out of the certificate
than they would just
out of knowing that they had some shares
stashed somewhere
so hope that helps i'm roger gorilla
girl asset and that's a little bit about
stock certificate
