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To redeem a stock certificate, there are several methods available. The most common way is to take the certificate to your local brokerage, where they will transfer it into the computer system and issue it to you for your monthly statement. Alternatively, you can work directly with the investment bank that issued the certificate or go to the company that issued it. It is more common for companies or investment banks to keep stock in a format that is easily traded and on your statement rather than physically holding the certificate. If you have the physical certificate, the easiest way is to take it to a storefront brokerage house for a fee.
