Selling shares with a certificate

sinead4982

Has anybody ever used www.sellmysharecertificates.com? I’ve found no reviews anywhere for them. I’m torn between them and x-o.co.uk I know they’re both owned by Jarvis but can only find reviews and testimonials about x-o.co.uk

bowlhead99

sinead4982 said:

Has anybody ever used www.sellmysharecertificates.com? I’ve found no reviews anywhere for them. I’m torn between them and x-o.co.uk I know they’re both owned by Jarvis but can only find reviews and testimonials about x-o.co.uk

I'm an x-o customer. The site you mentioned is just a simple way for them to use a different front-end to get some one-off business from people who want the service of getting shot of their old shares for a fixed fee without the expectation of having a longer term relationship with the broker - it would attract customers who are only seeking that service, so it's priced accordingly higher to make sure the broker doesn't lose money from the hassle of briefly establishing a relationship with you for a one-off low-value piece of business. 

MSE as a general rule is typically a place where people try to get the maximum value from service providers for the minimum commitment. If you're only looking to do a one-off disposal of some shares, the smarter (moneysaving expert) way to do it would probably be to take advantage of their generosity by signing up to an x-o trading account, transferring all the certificated shares into their account, sell them quickly and cheaply online and withdraw all the money, never to return.  Personally as a Jarvis IM shareholder I would prefer you to use the 'sellmysharecertificates' website if it's just a one-off, but if you want to do other buys and sells you would need to use the 'full' sites x-o or sharedealactive (also owned by Jarvis IM).

If the stock you're holding via certificate is valuable and the share prices are volatile, the overall value can swing up or down more in a day than the difference in pricing between Jarvis's brands and any other rivals (e.g. whatever service the company's own registrar might offer, if any). In that case the timeline to get it done might be more important than the actual cheapest so it would be worth calling a few providers before you start working with them.

sinead4982

bowlhead99 said:

sinead4982 said:

Has anybody ever used www.sellmysharecertificates.com? I’ve found no reviews anywhere for them. I’m torn between them and x-o.co.uk I know they’re both owned by Jarvis but can only find reviews and testimonials about x-o.co.uk

I'm an x-o customer. The site you mentioned is just a simple way for them to use a different front-end to get some one-off business from people who want the service of getting shot of their old shares for a fixed fee without the expectation of having a longer term relationship with the broker - it would attract customers who are only seeking that service, so it's priced accordingly higher to make sure the broker doesn't lose money from the hassle of briefly establishing a relationship with you for a one-off low-value piece of business. 

MSE as a general rule is typically a place where people try to get the maximum value from service providers for the minimum commitment. If you're only looking to do a one-off disposal of some shares, the smarter (moneysaving expert) way to do it would probably be to take advantage of their generosity by signing up to an x-o trading account, transferring all the certificated shares into their account, sell them quickly and cheaply online and withdraw all the money, never to return.  Personally as a Jarvis IM shareholder I would prefer you to use the 'sellmysharecertificates' website if it's just a one-off, but if you want to do other buys and sells you would need to use the 'full' sites x-o or sharedealactive (also owned by Jarvis IM).

If the stock you're holding via certificate is valuable and the share prices are volatile, the overall value can swing up or down more in a day than the difference in pricing between Jarvis's brands and any other rivals (e.g. whatever service the company's own registrar might offer, if any). In that case the timeline to get it done might be more important than the actual cheapest so it would be worth calling a few providers before you start working with them.

Yeah I’m just trying to cash in a share certificate and sell my shares, most likely a one time only thing. Was actually leaning towards sellmysharecertificates as it seems more straightforward and quicker but was a little unsure since have read no reviews about them made me a little wary.

Thrugelmir

sinead4982 said:

bowlhead99 said:

sinead4982 said:

Has anybody ever used www.sellmysharecertificates.com? I’ve found no reviews anywhere for them. I’m torn between them and x-o.co.uk I know they’re both owned by Jarvis but can only find reviews and testimonials about x-o.co.uk

I'm an x-o customer. The site you mentioned is just a simple way for them to use a different front-end to get some one-off business from people who want the service of getting shot of their old shares for a fixed fee without the expectation of having a longer term relationship with the broker - it would attract customers who are only seeking that service, so it's priced accordingly higher to make sure the broker doesn't lose money from the hassle of briefly establishing a relationship with you for a one-off low-value piece of business. 

MSE as a general rule is typically a place where people try to get the maximum value from service providers for the minimum commitment. If you're only looking to do a one-off disposal of some shares, the smarter (moneysaving expert) way to do it would probably be to take advantage of their generosity by signing up to an x-o trading account, transferring all the certificated shares into their account, sell them quickly and cheaply online and withdraw all the money, never to return.  Personally as a Jarvis IM shareholder I would prefer you to use the 'sellmysharecertificates' website if it's just a one-off, but if you want to do other buys and sells you would need to use the 'full' sites x-o or sharedealactive (also owned by Jarvis IM).

If the stock you're holding via certificate is valuable and the share prices are volatile, the overall value can swing up or down more in a day than the difference in pricing between Jarvis's brands and any other rivals (e.g. whatever service the company's own registrar might offer, if any). In that case the timeline to get it done might be more important than the actual cheapest so it would be worth calling a few providers before you start working with them.

Yeah I’m just trying to cash in a share certificate and sell my shares, most likely a one time only thing. Was actually leaning towards sellmysharecertificates as it seems more straightforward and quicker but was a little unsure since have read no reviews about them made me a little wary.

Jarvis are well established London stockbrokers. They provide an In House ISA service for Goldman Sachs employees. Used them myself for many years. Highly reputable. You read little about them as they do no marketing. Growth is purely organic by word of mouth.