I have a printed Disney stock certificate from 1995 that looks just like this. It is printed for 10 shares, I now own 30 with the 2 splits that have occurred over the years.
I want to sell, originally my plan was to sell 20 and keep 10 given the potential for more growth in the next couple years - and also because I've been told by multiple people the certificate could be worth a lot down the road. Here's the thing - Disney won't let me sell any shares online until I've sent the certificate in. Given that, whats my best route here? Someone told me to sell the certificate on eBay. Is this even practical? How could I prove that I own 30 instead of the 10 indicated on the certificate? Is it actually worth that much more? How much potential worth are we talking here, down the road? A few hundred bucks doesn't make a difference, but I've seen that some old certificates can fetch a pretty penny. I'll be kicking myself if I send it in and the certificate is worth $1,000 on its own in 5 years.
What if...I call Disney and tell them I lost the certificate? That way I get to keep the original and sell what I please...plausible or terrible idea? What would happen?
I'm in a bad spot and need cash, so something's gotta give one way or another. Do I have to bite the bullet and send the certificate in? Or should I try to get a little extra for it on eBay? I hope this post is okay for the subreddit, if not I apologize. Thanks in advance for any advice.
Submitted March 11, 2014 at 07:08PM by evannnn67 http://ift.tt/NYnmVd
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