Stock Question - original certificate

JimmyEatWorld

Platinum Member
Dec 12, 2000
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I have a bunch of stock that I inherited from my Grandmother when she passed away, and as much as I'd like to hold onto the stock, I need the money now rather than interest rates. So, how would I go about selling the oringal stock certificate? I read that many of you out there use various online brokers, but can they handle me sending in the certificate? how does that work? It seems like many of them require a $500 buy-in to open an account. Any thoughts?
 

flashbacck

Golden Member
Aug 3, 2001
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Not positive, but shouldn't the broker have a record of your grandmother owning it?
 

DaveSimmons

Elite Member
Aug 12, 2001
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If you check your yellow pages, there might be a branch office of a reliable broker like Schwab or Fidelity. You can then call the local numbers and ask to speak to someone about selling the certificates and what fees they'd charge.

They might ask you to bring in the estate paperwork with the certs to prove that you now own them.
 

JimmyEatWorld

Platinum Member
Dec 12, 2000
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I didn't think to add this, but the were created when a trust fund was made for the whole family about 10 years ago, so they are not original as I said, they have my name on them, but they are actual certificates, not some digital stock somewhere.
 

HappyPuppy

Lifer
Apr 5, 2001
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Quit being an assinine pvssy. Just take your paperwork into any stockbroker's office and they will arrange to cash them in for you.

Why do people work so hard to make a simple thing difficult. :confused: