Expert: Steven Taylor - 1/11/2012

Question
Dear Steven,

I have 3 stock certificates totalling 1000 shares of Coronation Resources (Canada) Inc. (incorporated in Ontario, and countersigned and registered by National Trust Company, Limited) dated July 2, 1985.  Please let me know the status of this company and if these certificates have any value.

While I understand that you specialize in Canadian companies, I also have a stock certificate for 10 shares of Ray-Dyne, Inc. (incorporated in New York) dated June 25, 1964.  Please let me know if you know the status of this company and if the certificate has any value.

Thanks very much for your assistance, JA

Answer
From the information I have available, Coronation was cease-traded in 1984 and that order remains in effect. That strongly suggests there is no current value.

Unfortunately, I have no information on Ray-Dyne as I don't have the information on US stocks. I suggest you consult a broker and see if they can perform a detailed search for you.