Expert: Steven Taylor - 8/28/2011

Question
I have found a certificate for 15 shares of Lincoln Resources Inc.  Issued in 1982.  Is there any value?

Answer
Ray, from the information I have available, the Company did a 1 for 10 reverse split and became United Lincoln, which later merged into Continental Gold which was acquired in 1991 by Placer Dome for $20 a share.

A stock certificate is not a bearer instrument. The person named on the front of the certificate owns the shares, regardless of what happens to the certificate unless they have signed the back and had it properly and legally transferred. When the company was acquired by Placer, it is very likely they were sent a check for their shares at that time. If not, the money would have been turned over to the government for safekeeping in their name waiting for them to claim it. If you are that person, you can search online at www.missingmoney.com and www.naupa.org.