I have inherited dozens of old mining stocks from the 1930's , How do I find out if they are worth anything? The companies are no longer listed on the Toronto Stock Exchange.
2006-10-25 08:06:10 · 3 answers · asked by couger9762 1 in Business & Finance ➔ Investing
You need the power of a research department... and you'll find that at any of the full-service brokerage houses, like Merrill Lynch, AG Edwards, etc. They won't charge you a fee and you'll find out whether they have any value. Be prepared to actually take the certificates to the investment company because they'll have to be sure they're authentic. Don't worry about whether they'll be able to find out... they will! They have the resources to handle that kind of thing... which can be impossible for an individual to discover on his or her own. Good luck... hope you hit some gold!
2006-10-25 10:20:37 · answer #1 · answered by Mike S 7 · 0⤊ 0⤋
If I am remembering correctly, just because the company is no longer listed under that name, it does not mean they have no value. Could be the company name changed, went through a merger or something of that sort. If you know of a REPUTABLE stock broker, you could check with them, if they seem even a tad bit fishy, don't trust them. Friend of mine took her old stocks to some local jokal stock broker and he told her they had no value so she gave them to him only to find out later they were worth a decent bit of $$.
2006-10-25 08:16:37 · answer #2 · answered by koral2800 4 · 0⤊ 0⤋
Try to contact the transfer agent or registrar listed on the certificate.Your broker may also be able to help.
2006-10-25 08:16:33 · answer #3 · answered by kalusz 4 · 0⤊ 0⤋