I have a stock certificate for 100 shares of Cisco -how do I cash it in?

songcon answered 2 weeks ago …

1/ First, you have to open a brokerage account, see if Scttrade or TD Ameritrade has branch office in your city, open from there or you can do it over the internet.
2/ Send the stock certificate to them, they will inform you when receive the certificate
3/ Log in to you brokerage account, and check for the quote of CSCO. You can sell them at the bid price (the price they buy in), or you can place an "open order" to sell at a highe price, for example, the quote for CSCO is Bid = $23.90 bid - Ask = $24.00.
You can set to sell 100 shares at $25.25, remember to fill the box: Good til cancel. Thet will inform you when the sale goes through.

If you call the broker to enter the transaction, it would normally cost about $20 - $25 more than the trade you place through the internet.