Shares for Presents

Nednats

I want to buy someone a share as present.
Not really for investment. Just think it would make a good gift.
I have looked at Framed Share. Anyone know of a similar Company?
is this worth it or is it a rip off? Would it be better of getting a few shares for someone?

Nednats

Anyone?
:hello:

lr1277

Sorry no idea about the framed share company. I did have a look at the shares available and well....

Lets say you pick Associated British Food. One share currently costs about £10. Buying costs are probably in the region of £20 - £30 if you buy from a place where you get the certificate. Then there is the cost of the framing.

So paying £37 + £20 (for the frame) + £3 for p&P, its probably about the same(ish) as diy.

Suggest you do some research on the internet.

HTH

Nednats

I have done a little research. But I am right in thinking that most of the money I am paying is for the certificate and the buying cost and not the share itself?

Aegis

Nednats wrote: »

I have done a little research. But I am right in thinking that most of the money I am paying is for the certificate and the buying cost and not the share itself?

Absolutely. You would typically look to buy £500 or more at a time for a normal one-off share transaction to reduce the ratio of the transactional costs to the actual amount of shares purchased.

Stompa

Nednats wrote: »

I have done a little research. But I am right in thinking that most of the money I am paying is for the certificate and the buying cost and not the share itself?

Yes, and the same would of course apply if it were ever sold. And if it will never be sold, does it have to be a 'real' share certificate?

Nednats

So cool present but the share holds little value

turbobob

Depends how many shares were on the certificate really. It doesn't have to be just one share, it could be any number. A Berkshire Hathaway share would be worth having, but at over $116,000 per share, an expensive present