Stan asked in Business & FinanceInvesting · 8 years ago

Is a 1949 stock certicate from United Hardware Company worth anything?

I found a stock certificate form 1949 for ten shares from UNITED HARDWARE COMPANY (A MISSOURI CORPORATION)DOES IT HAVE ANY VALUE TO IT?

3 Answers

Relevance
  • 8 years ago
    Favorite Answer

    The going rate is about $1

  • 8 years ago

    If you're really curious, it's going to require some custom research.

    The company certainly doesn't seem to be in operation anymore. That means either:

    A) It went out of business, and the shares are effectively worthless.

    B) It was bought by a larger company, and your shares are worth whatever the price was then. (Which could be good for you, if the purchasing company paid with their own shares that might be worth a lot now.)

    You can engage a service to do this research for a fee, and the SEC can direct you (link in the source). But I'd start by maybe calling around a few libraries in Kansas City and seeing if they can help you find out what happened to the company.

    Don't get your hopes up too high though. It's probably the first case, meaning worthless. Only pursue it if you're really curious, not because you expect to find riches.

  • MARK
    Lv 7
    8 years ago

    There's no such company anymore. They either went out of business or got bought out years ago.

Still have questions? Get your answers by asking now.