does anyone know how to check very old stocks to see if they're still of value?
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i've 'rediscovered' a stock item that my dad bought into back in the 1950s when he was obviously a much younger man.
it's for 10 shares at stake for a company that was apparently going to Alaska for something ... the paper i found doesn't really specify that i can see ... it's a typed-up letter basically saying "we're raising money for this an expedition to Alaska for 'mining commercial ores' ..."
it's dated in the 1950s. i've done an initial search for the company that's named on the paperwork, but i don't know if what i'm finding online is anything remotely close to what's on this paper.
any suggestions, folks? i'm thinking about going to my financial adviser when i get a chance next week to see what they say.
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Responses:
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assuming you have the actual stock certificate, see if it mentions who the transfer agent is, they'll be the ones you need to reach out to
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znufrii
Feb 5, 05:05
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you might own 1/10,000th of a hole in the ground, or maybe your now partners with the hoffmans...
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zeitgeist
Feb 4, 22:03
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also check vintage stock certificate collectors. even if it turns out to be a dead stock, this could be important to them -- nm
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Peglegpete
Feb 4, 21:07
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There may be some considerable research necessary. On the one hand, you might one a million shares of Exxon now. On the other hand...
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Mop
Feb 4, 21:03
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I think '50s predates CUSIP, which would've been my advice. basically a number that could've tracked the history of the company,
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mafic
Feb 4, 20:53
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I know there is a way, but that's all I know. -- nm
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nic to be determined
Feb 4, 20:43
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