Old Stock Certificates | Texas State Securities Board (2024)

An old stock or bond certificate may still be valuable even if it no longer trades under the name printed on the certificate. The company may have merged with another company or simply changed its name. Keep in mind that due to corporate reorganizations (such as splits, mergers, or reverse mergers), the current share price may not be useful in determining the certificate's value, if any. Even if you learn that a certificate has no investment value, you may find that the certificate itself has value as a collectible.

Where to start:

  • Verify if the company is traded on an exchange. If it isn't, contact the transfer agent shown on the front of the certificate. Contacting the transfer agent is the easiest way to learn about acertificate. If the transfer agent is no longer in existenceor ifthe name of the transfer agent is not printed on the certificate, try to contact the company directly. Some companies maintain investor relations offices that can be contacted directly.
  • The next option would be to contact the Secretary of State wherethe company was incorporated. If that state is Texas, the Corporations Divisionmay be able to provide information on the status of the company.
  • Certificate holders witha brokerage account may want to ask their broker-dealer if they can assist in researching the certificate.
  • Research on your own. There are many resourceson the Internet to assist you. Two such websites are The Investment FAQ and Goldsheet. Thereference section of a public library may have publications such asthe "Robert D. Fisher Manualof Valuable and Worthless Securities," once published by the R.M. Smythe company, andthe "Directory of Obsolete Securities: Annual Guide to Stocks." The Library of Congress has a listing of texts on obsolete securities on its website.
  • Hire someone else. Scripophily.comand Stock Search International provideresearch services for a fee.

Transferring Ownership of Inherited Stock

The death of a loved one often requiresthatchanges be made to financial accounts. To transfer ownership of stock, contact the transfer agent shown on the certificate for information on re-registering assets, and keep this with other important financial documents. Be prepared to supply the agent with documents such as the death certificate and court appointment.

Old Stock Certificates | Texas State Securities Board (2024)

FAQs

Are old stock certificates still valid? ›

An old stock or bond certificate may still be valuable even if it no longer trades under the name printed on the certificate. The company may have merged with another company or simply changed its name.

How to find if old stock certificates are worth anything? ›

The easiest way is to contact the company and ask it directly. You can usually find the number of the company or the name of the transfer agent on the company's website; generally, publicly listed corporations have an investor-relations link on their sites.

How do I cash out old stock certificates? ›

In order to cash in the stock, you need to fill out the transfer form on the back of the certificate and have it notarized. Once complete, send the notarized certificate to the transfer agent, who will register the stock to you as owner.

Are old oil stock certificates worth anything? ›

Unless it is valued by collectors, outdated financial certificates today have little value — except as family keepsakes. Some old oil company stocks have value to collectors, including some artistic rendering like this vignette from a Shell Oil Company engraved certificate.

What to do with old common stock certificates? ›

If the share certificate is registered in your name, you have three options:
  1. Keep it in a safe place until you are ready to trade it.
  2. Deposit the shares into an existing brokerage account.
  3. Open a brokerage account and deposit the shares.

How do I find out if old share certificates are still valid? ›

You can search for details, like previous company names and the registered office address, free of charge. You should also check with the respective registrar to ensure that your certificates are still valid - a registrar being a place that hold details of the shares after they're offered to the public.

What happens to unclaimed stock certificates? ›

California law requires corporations, businesses, associations, financial institutions, and insurance companies (referred to as “holders”) to annually report and deliver property to the State Controller's Office if there has been no activity on the account or contact with the owner for a specified period of time ( ...

What is the hobby of collecting old stock certificates? ›

What is Scripophily? The hobby of collecting old stock and bond certificates is called scripophily (pronounced scri-POPH-i-ly). Some stock certificates that are worthless as securities may have value as collectibles: because of the people who signed them or owned them.

Who cancels old stock certificates? ›

Transfer Agent: Transfer agents keep records of who owns a company's stocks and bonds and how those stocks and bonds are held. Transfer agents also issue and cancel certificates to reflect changes in ownership, act as an go-between for the company and handle lost, destroyed, or stolen certificates.

How long should you keep stock certificates? ›

Stock certificates do not expire. If you have a stock certificate that is extremely old of a company that still exists, that stock certificate is still valid and represents ownership in that company.

What to do with stock certificates when someone dies? ›

To facilitate a transfer, the executor will need a copy of the decedent's will or a letter from the probate court confirming that the beneficiary in question is indeed the person entitled to receive the shares. The executor must then send these documents to a transfer agent, who can complete the transfer of ownership.

Can stock certificates be reissued? ›

To replace the physical certificate, shareholders must contact the company's stock transfer agent. 1 They may also be required to complete an affidavit of loss document. The corporation's investor relations department should be able to provide a shareholder with information on how to contact the transfer agent.

How do I know if my old stock certificates are still good? ›

Search the name of the company that issued the stock or bond on the Secretary of State's website in the state where the company was located. That will tell you whether the company is still in business. If yes, contact the company.

Are old cancelled stock certificates worth anything? ›

Are they worthless or do they have investment value? ANSWER: Old stock certificates, especially those from defunct companies, are only worth the paper that they're printed on.

Who buys old stock certificates? ›

See the collection of old stock and bond certificates at Scripophily.com, which is the Internet's largest buyer and seller of old stock and bond certificates.

Do share certificates go out of date? ›

Share certificates don't have an expiry date. After it's issued, a share certificate remains valid until the shareholder named on it sells or transfers the shares. The certificate would then be cancelled and a new one issued to the person the shares were transferred to.

How to claim old share certificate? ›

Here's a step-by-step guide to help you claim your unclaimed funds:
  1. Step 1: Visit the IEPF website. ...
  2. Step 2: Log in to the MCA Portal. ...
  3. Step 3: Fill out the online form. ...
  4. Step 4: Attach the Required Documents. ...
  5. Step 5: Submit the Form. ...
  6. Step 6: Share physical documents with the Nodal Officer.
Mar 13, 2024

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