Mergers, bankruptcies and an industry-wide effort to go paperless have made stock certificates quite rare, especially for the companies below. This is great news for those lucky enough to already have a
paper stock certificate because their collectible value goes up. For those that missed the boat, it's kind of sad! We sell one share of stock in actively traded companies and from a collectible standpoint, the main thing is having the authentic stock certificate whether it is one share or a hundred shares.
For those who appreciate the artistry and historical value of paper stock certificates, there is no better time than now to get one! See our entire stock list or unique stock certificates list. If you missed the boat or want to see other cool collectible stock certificates, go to
The stock certificates for the companies below are either extinct or soon to be extinct! See what their stock certificates look like.
You may be asking, How do I get a paper stock certificate? The answer is that you are in the right place - see our stock list.
The Story Behind the Elimination of Paper Stock
Like everything else in this world, stock ownership
is going digital in order to save time and money. The
securities industry calls it "dematerialization" - we call it sad.
Some companies have already stopped issuing paper
while many others plan to do the same soon. Still others will start charging
disincentive fees to issue a paper certificates. Industry observers
say that paper certificates will largely be eliminated in a year or two. What does this all mean? It means that if you want a paper stock certificate, you better hurry!
The industry-wide effort to eliminate physical stock certificates started over 30 years ago but momentum is building. Below is a chronology of the major events:
2015 - Computershare, the largest
transfer agent in the U.S., announces it will charge a
$25 fee to issue paper stock certificates in order to discourage paper. GiveAshare includes the fee in our price for Authentic Registered Stock Certificates and now offers a lower price alternative - Replica + Electronic Registration in order to avoid the fee.
2013/2014 - DTCC Proposes Elimination of All Paper Stock Certificates - More...
2013 - The momentum of companies choosing to stop issuing paper stock certificates picks up in Q4 2013 with GameStop, Bank of American, and Disney all saying no to paper.
2013 - The European Union is contemplating a law to stop paper stock certificates from being issued by 2015 and eliminating all certificates in circulation by 2020. This is for the EU but you can be sure that the U.S. is not far behind.
2013 - All stock brokers appear to pass on the $500 DTCC fee but some of their websites have not caught up yet. More stocks go electronic only including Gamestop and newly issued
2012 - Some stock brokers like Scottrade stop delivering paper stock certificates, while others like Schwab and eTrade pass on the $500 DTCC fee.
2009 - The Depository Trust Company starts charging stock brokers $500 per paper stock certificate to be issued to customers. Intent is that stock brokers pass this cost over to their customers which will bring requests for paper certificates to a standstill.
2009 - As of 1/1/2009 the stock brokers cannot send physical stock certificates for most companies. The reason is that the DTC stops providing this service to brokers. We can still get them because we work directly with transfer agents.
2008 - 1/1/2008 was the target date established for all companies on the NASDAQ and NYSE to be set up on the DRS. Although the target gets moved out, most companies comply..
2007 - As of 1/1/2007, any new issue on NASDAQ or NYSE had to be eligible for electronic registration on the Direct Registration System (DRS). They could still use paper but would also be set up to allow electronic registration.
1970's - Brokerage firms took the first step to streamline paperwork by establishing a central depository, the Depository Trust Company (DTC) where all stock certificates could be maintained.
2006 - Delaware, the state where many companies are incorporated, changed it's state law removing the requirement for physical stock certificates. This got the ball rolling.
1960's - Financial district messengers carried satchels of stock certificates from one broker to another. During peak periods, the stock market would be closed one day a week to allow brokerage firms to catch up on paperwork.
Cool CNBC story about Facebook and other valuable stock certificates
Copyright GiveAshare.com ® /Leading Edge Gifts LLC 2002-16. All Rights Reserved.
GiveAshare.com® is owned by Leading Edge Gifts, LLC. All names
and logos displayed on this page are owned by their respective organizations. GiveAshare® is not affiliated with these companies. We provide an innovative gift by allowing customers to easily and affordably buy a real share of stock as a gift. Although this is real stock, we do not market our product as an investment nor do we in any way provide investment advice. GiveAshare® is not a registered broker-dealer
and carefully follows rules established by the SEC for us. We recommend that those looking for an investment contact a registered broker or financial advisor.