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To redeem a stock certificate, there are several common methods. The most typical is to take the certificate to a local brokerage, where they will transfer the certificate into their system and issue it to you, allowing you to see it in your monthly statements instead of holding the physical certificate. Alternatively, you can work directly with the investment bank that issued the certificate or go to the company that issued it. Companies and investment banks often prefer to keep stocks in a format that's easily tradable. For the easiest process, visiting a nearby brokerage office is recommended, though a fee may apply.
