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To redeem a stock certificate, you have several options. The most common method is to take the certificate to a local brokerage, where they will transfer it 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 certificates or the company that provided them. Generally, these entities prefer to process stocks to facilitate easier trading, ensuring they are reflected on your statement rather than as physical certificates. If you have a certificate, visiting a nearby brokerage house is usually the simplest approach, though fees may apply.
