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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, where they will transfer it into their computer system and update your account statement. Alternatively, you can work directly with the investment bank that issued the certificates or visit the company that issued them. Typically, companies and investment banks prefer to keep stocks in a format that facilitates trading, allowing you to see them on your statements rather than holding physical certificates. If you possess a certificate, the easiest way to redeem it is to bring it to a nearby brokerage house, which may charge a fee for the service.
