I have 16 shares of stock from an old employer. I have the actual certificate. How do I cash it in? How much?

Answer 1

wow !!!!!!!
this is my FIRST time answering a questioon !!!!!!!!!!!!!!
SO, do i get my FIRST 10 points from you !
or do i have to answer your questtion first?

Answer 2

The easiest thing to do is open an account with a broker (either local or an internet one) and the "deposit" the certificate. You can them sell it.

However, be aware that if you don't maintain a minimum account, most brokers will start charging fees.

16 shares? I don't know who your old employee is, but consider what the current per share price is. I'd say if it's less than $10, it's not worth your time.

Answer 3

The best way is get a brokerage account either at the bank or online or through a brokerage firm. They'll take the certificate and sell it for you to get the cash. It's cheapest to do it online...maybe $10-15.