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To redeem a stock certificate, the most common method is to take it to a local brokerage. They will transfer the certificate into their computer system and issue it to you, allowing it to appear on your monthly statement instead of being held physically. Alternatively, you can work directly with the investment bank that issued the certificate or take it to the company that issued it. Typically, companies and investment banks prefer to keep shares in a format that facilitates trading, so you'll likely be encouraged to convert your physical certificate. If you choose to visit a brokerage, be aware that a fee may apply.
