i found an old stock certificate, could it be worth something?

Question

We bought a storage unit at an auction, in it we found a Bank of America stock cer. for 60 shares issued in 1976. How do we find out if its worth anything.

Answer 1

Contact Bank Of America directly. Its Share Registrar should be able to tell you if it is valid and who is the beneficial owner.

Bank of America Investor Relations
NC1-007-56-70
100 N. Tryon St
Charlotte, NC 28255
Tel: [phone]
Fax: [phone]

Answer 2

You'll either have to do the research yourself or find a company that specializes in the process of researching old stock certificates. Of course if they are valuable, you end up paying a percentage of the value.

Answer 3

Well, how could it now? back then they only used cents.

I looked it up, in 1981 (longest I could go back) each share was worth $1.90. On Friday, Bank of Maerica Closed at $51.54 So you made just under $3,000 if somone else didn't use another paper some how.

Now, if they split, I think they did it 2 or 3 times, then multiply it by that.

Answer 4

The transfer agent can see if they are still valid...or even if you were to deposit them at a brokergare house i.e Charles Schwab could find this out, however, since the name on the certs are not yours you would not be able to go this route. Try contacting a brokerage house and see what they suggest....

Answer 5

Bank of America has had at least 3 splits so they would be 180 shares at least , currently trading around $50 . ( $9000)

http://finance.yahoo.com/q/bc?s=BAC&t=my

Whoooops , that would be 480 shares so $24000 . .

But take it to your broker or Charles Schwab for accurate info .

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Answer 6

look it up in the paper, or call someone