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To redeem a stock certificate, the most common method is to take it to a local brokerage, where they will transfer the certificate into their system and issue it to you, allowing it to appear on your monthly statement rather than in physical form. Alternatively, you can work directly with the investment bank that issued the certificate or take it to the issuing company if that’s how you received it. Typically, companies and investment banks prefer to keep stocks in a format that facilitates easier trading. If you possess a physical certificate, visiting a nearby brokerage is usually the simplest option, though there may be a fee involved.
