# Cashing Stock Certificates?

**URL:** <https://boards.straightdope.com/t/cashing-stock-certificates/372716>\
**Category:** In My Humble Opinion\
**Created:** [September 14, 2006, 5:33pm UTC](https://boards.straightdope.com/t/cashing-stock-certificates/372716 "2006-09-14T17:33:38Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![MizGrand](https://avatars.discourse-cdn.com/v4/letter/m/cdc98d/32.png) [@MizGrand](https://boards.straightdope.com/u/MizGrand)\
**Post date:** [September 14, 2006, 5:33pm UTC](https://boards.straightdope.com/t/cashing-stock-certificates/372716/1 "2006-09-14T17:33:38Z")

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I have 65 shares of common stock in CSK, which is Checker, Schucks & Kragen Auto Parts.

They used to be held by the company that administered the program by which you could buy stocks pre-tax from your pay.

When I quit that job because I hated Kragen as a definite holdover from being a Grand Auto gal (we got bought out - I was one of only three (of 15) administrative employees retained) I wanted to disassociate myself entirely from the company. So, I asked for my stock certificates to be mailed to me. I wanted to keep the stock, but not pay any fees and such.

I also have an 401k still in the CSK “account” but it’s provided through retireonline dot com. A JP Morgan company. This though is irrelevent, I think.

I also have a rollover account at JPMorganInvest, another freakin’ branch of JP Morgan. I’m in the process of evaluating the funds there, so I can put the “CSK” money somewhere completely away from CSK. Again, irrelevent, _I think_.

My question, and yes, if you’ve gotten this far, there _is_ one here, is this: how do I cash out/sell the actual piece of paper that shows my stock in CSK? Will/can JPMorganInvest take possession of the piece of paper and sell them for me? Should I find a local stockbroker and pay their fee? I haven’t a clue as to how to do this, I kick myself now for wanting the stupid piece of paper instead of keeping it where I could have just placed a sell order. :smack:

What’chall think? I understand YANAStockbroker or lawyer or in any capacity to have personal liability for any of your suggestions, I promise!

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**Author:** ![hajario](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hajario/32/171_2.png) [@hajario](https://boards.straightdope.com/u/hajario)\
**Post date:** [September 14, 2006, 5:43pm UTC](https://boards.straightdope.com/t/cashing-stock-certificates/372716/2 "2006-09-14T17:43:18Z")

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Just go to a discount broker’s office (like Charles Schwab) and they can easily take care of it for you.