Dating stock certificates - Corporate Stock Certificates Issuance - ExpertLaw


A: We recommend you: (1) Write down the name of company, CUSIP number, transfer agent, and certificate number, and store it separately from the stock certificate (so you have a record when the certificate is lost or stolen) and (2) set up online account access with the transfer agent (this will make your life easier if you want to change your mailing address or enroll in DRIP).

Stock certificates used to serve as the physical proof that you owned shares of a company and were considered a sign of prestige, if not wealth. This was so much the case that many certificates were made with fancy designs and ornate engravings, often resembling artwork. 2 Stock Certificates for Kids This was definitely the case with shares of the Disney Corporation which featured full-color illustrations of some of the company's most famous characters . It was not uncommon for parents to buy their children a single share of the company's stock in order to frame it and put it on display in their child's bedroom, much like a cherished stuffed animals or toy. 3 I Love What You've Done With This Room During the years following the great stock market crash of 1929 , it was common practice for shareholders of now-defunct public companies to wallpaper a room of their house with worthless stock certificates as a perverse tribute to lost wealth. 4 A Legal Type of Currency At one time, the process for printing a stock certificate was as guarded and secretive as printing currency is today because in a sense it was a currency in and of itself. For this reason, there were only three companies in the United States that were authorized to print the stock certificates of publicly held companies. 5 Four Hundred Years of History In 2010, the oldest surviving stock certificate was found by a history student from Utrecht University who was working on an unrelated research project. The certificate was made out of parchment paper and was printed by hand with ink and a writing , now historic document, dates from 1606 and was issued by the Dutch East Indies Company which was also the first company to ever issue stock certificates. 6 Scripo What? If you find an old stock certificate among one of your deceased relatives belongings (or in an old antique store) it probably doesn't have any intrinsic value. That's because the company that issued it is most likely long gone. However, if you're at all familiar with the PBS TV show "Antiques Roadshow," the certificate itself may have some collectible value.  

Think your estate planning is done once you've gone to the trouble of making a will? Think again. All your hard work can be undone with a stroke of a pen when you open a bank, brokerage or retirement account.


Dating stock certificates

Dating stock certificates