Canadian Stocks/BRIC shares
Are my BRIC shares worth anything? I have the original 5 shares from 1979.
Sharon, the BRIC shares are worthless. Everyone in he Province received their 5 shares, but later the stock had a 1 for 125 reverse split. Ultimately, each full post-split share was acquired for $70 per share, but shareholders had to submit their certificates to be paid. That offer had a 10 year time limit which expired in 2007.
Today, the original 5 bearer share certificates are really just an interesting curiosity. There really is not much, if any, of a collectable market for them as there are hundreds of thousands of the old certificates still out there.