I want to give dear old dad 5 shares of Playboy as a gift for Father's Day. I know he won't get invited to "The Mansion" and I don't expect playmates to deliver the shareholder's reports to him, but that doesn't matter.
I checked at OneShare and they don't offer Playboy as a stock, so how do I go about purchasing stock for someone else and getting a paper certificate sent?
*****SOLUTION FOUND***** ShareBuilder will let me buy the shares then for $30.00 charge to change the name and mail a certificate. This is going to be the easiest method
Senior Member - 3K
posted: May. 11, 2005 @ 3:40p
http://noveltyshare.com/stocksatoz.asp and look for playboy
never bought anything from them, can't tell you how great or bad from experience
posted: May. 11, 2005 @ 3:45p
Thanks for that site. I see I can buy one share through them which I may do. I was planning on buying one share for every 10 years of my father's age. He is 67 so I was looking at 7 shares. (rounding up)
I found out that ShareBuilder can mail a certificate for $30.00 but I have to see if I can buy the stocks in my name and have the certificate printed in his name.
edited to change OneShare to ShareBuilder. That changes the whole meaning of the post
posted: May. 11, 2005 @ 7:05p
maybe you can open a DRIP account in his name?
Senior Member - 1K
posted: May. 11, 2005 @ 9:47p
If you really want to spend time and effort to give him a stock certificate at the minimal cost beyond share price, this is how you can do it: 1. Open brokerage account at a deep discount broker that also does not charge for transfers out by DTC. 2. Open a second brokerage account at high commission broker that does not charge a fee for issuing stock certificates. 3. Transfer shares from one broker to another and request stock certificate 4. Once you receive the paper stock certificate, fill out the back part of it and send it to transfer agent with W9 signed by your dad. All this will take a couple months to do so you may reconsider the whole thing and give your dad some cash.
posted: May. 11, 2005 @ 9:52p
Cash doesn't have the same feel as the stock would. He enjoyed reading the shareholder information I got from XM and SIRUS and my mother already renewd his subscription to Playboy (I have great parents don't I?)
I was planning on giving him a frame with a certificate I made up saying you have xxx amount of Playboy shares and then putting the certificate in the frame when it comes in.
posted: May. 12, 2005 @ 3:52a
If you can skip the certificate but still get the annual shareholder info, try sharebuilder.com (there may even be an active $50 bonus deal in this forum, look for it).
You can buy as little as $1 of a stock (fractional share) and make sure to select "paper delivery" of annual reports, etc.
They may even have an option to request stock certificates. Check it out
posted: May. 12, 2005 @ 7:31a
Thanks I goofed in one of my prior messages and typed one share instead of sharebuilder. I am waiting to hear from Sharebuilder if they can issue a certificate in a different name. I know they charge $30.00 to issue a certificate
posted: May. 12, 2005 @ 1:52p
MannyL08753 said: [Q]Thanks I goofed in one of my prior messages and typed one share instead of sharebuilder. I am waiting to hear from Sharebuilder if they can issue a certificate in a different name. I know they charge $30.00 to issue a certificate I know it can be done, but haven't done it myself. My boss bought me 5 shares of DIS for a wedding present and framed the certificate. It is in our name. I don't talk to him anymore because we moved, but I always think of him when I check how Disney is doing (it's a nice certificate).
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