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To redeem a stock certificate, you have several options. The most common method is to take the certificate to your local brokerage, which will transfer it into their system and issue it to you for inclusion in your monthly statement, eliminating the need to physically hold it. Alternatively, you can work with the investment bank that issued the certificate or go directly to the company that issued it, depending on how you obtained your certificates. Generally, companies and investment banks prefer to keep transactions in a more easily traded format, reflected on statements rather than physical certificates. If you possess a certificate, visiting a nearby brokerage location is often the simplest method, though there may be associated fees.
