I have 300 shares of a company in a cirtificate. But im used to trading through an online broker. I never had a paper stock cirtificate and was wondering how do i sell the shares.
How do you go about selling a paper Stock Cirtificate of share’s in a company?
Thursday, August 27th, 2009 / Joe
Category: sell my timeshare
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As long as the certificate is registered in the same way your account is opened, Just send the certificate to your brokerage firm and they will deposit into your account.
On the back of the certificate, it will read I/We hereby sell…….
put the name of the brokerage firm in there, sign the back of the certificate, (bottom right line) Write you account number on the front upper right hand top edge of the certificate and mail to the brokerage firm.
If you want you can send it registered mail, return receipt requested.
Once the certificate is posted to your account, you can either leave it there or sell it.
Point of information, all brokerage firms are registered broker/dealers and most provide on-line services, so there aren’t any "on-line" brokers.