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<<<<Can not ever recover them?

Or choose not to recover them?

I find it difficult to believe that significant amounts of principal are lost by any one person because of lost certificates.>>>>


Two months ago:
87 yr old widow and daughter cannot locate all of her husband stock certs from the 80s They find two certs for 1000 shares each but the widow swears that there is a third. The third cert is never recovered and there is no record they can find of him ever owning it. Transfer agent was no help - total loss of principle on that cert.

Last month:
Son processing his dad's estate. Dad hid money every where - literally - in the walls, under the floor, in books, etc. They found 50k in savings bonds hidden in a book. Son swears there are more bonds as well as stock certs. No records exist and no info that we can use to contact a transfer agent.


Now there may be some other way to get at those certs but I am not aware of such. Maybe if they can look at old bank records they can find dividend information that will at least show the stock owned."


In each case the person is not even certain that a "missing" certificate exists.

I was thinking more of situation in which the owner (who was also probably thepurchaser) who had a summary list of Certifcates (including Cert. No. and No. of Shares) and simply could not locate one certificate.

Your scenarios involve much more missing information.

Regards, JAFO
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