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Source: The College Investor
Unique Stock Gifts is a platform that allows you to purchase a stock and gift it to someone. It's offering includes the stock purchase, registration information, and packaging and shipping the stock certificate to the recipient.
If you're looking to provide a relatively unique gift that might spark a conversation in financial literacy and can potentially grow in value, Unique Stock Gifts might be the service you’ve been searching for. In this review, we explore what Unique Stock Gifts has to offer.
- Purchase a single stock as a gift
- Framing and gift-wrapping options available
- Instant printable certificates available for gifters in a rush.
Unique Stock Gifts Review Details |
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Number of Stocks Available | |
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| 7-10 days (longer for actual share certificate) |
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What Is Unique Stock Gifts?
Unique Stock Gifts has been around since 1998. The family-owned business operates on the west coast of Florida. The company isn’t a stock brokerage. Instead, it’s a gift company that allows buyers to give the gift of stock ownership. In addition to providing paper stock certificates or high-quality stock replicas, Unique Stock Gifts can frame and ship your gift to the recipient.
What Does It Offer?
Here’s a closer look at what Unique Stock Gifts has to offer.
Straightforward Stock Gifting Options
Buying a stock through Unique Stock Gifts is very straightforward. You can complete the purchase process in a matter of minutes. And if you need a rush order, you can opt for a printable stock certificate replica.
But if you have time, you can customize the framing options for the stock certificate of your choice. You’ll have the ability to add on fun extras, like a plush toy or gift wrap, before finalizing your purchase.
Plus (assuming you don't get a replica), this is a real share of stock, with real ownership in the company!
Range of Stocks
Unique Stock Gifts offers dozens of different stocks to choose from. Some of these include Disney, Berkshire Hathaway, Zillow, Wendys, Yeti, NVIDIA, and more. Although not every stock is available, the wide selection should give you plenty to choose from as you pick the perfect gift.
Source: Unique Stock Gifts
Shipping Options
The stock certificate can be shipped anywhere in the U.S., Canada, China, and Denmark. Expedited shipping is available.
Are There Any Fees?
Unique Stock Gifts charges fees for legally registering the stock, the stock certificate itself, the framing, add-ons, shipping, and more. Of course, a stock with a higher share price will cost more to give than a stock with a relatively low share price.
Here’s a look at some of the costs:
- Transfer fee. The $39 fee covers the cost of transferring the stock certificate to the recipient.
- Frames: Expect to pay between $5 and $60 for a frame. A simple keepsake holder will cost just $5. But a deluxe wood frame will cost closer to $60.
If you want to add additional items, such as a plush Mickey or gift wrapping, expect to pay more.
How Does Unique Stock Gifts Compare?
Unique Stock Gifts isn’t the only option for gifting stocks. Here’s how it stacks up:
GiveAShare is similar to Unique Stock Gifts. Through GiveAShare, you can purchase single shares of stocks as a gift, which can be framed and mailed to the recipient.
Stockpile offers a different concept. As a buyer, you’ll purchase a gift card to give to the recipient. The gift recipient can then use the gift card to purchase fractional shares of stocks through this self-directed, online brokerage platform.
How Do I Buy A Stock?
Here’s how to buy a stock through Unique Stock Gifts.
- Select the stock. There are dozens of stocks to choose from through Unique Stock Gifts, including Disney and Zillow.
- Customize the order. If you want to frame the certificate or add a plush toy to the order, you’ll have the chance to do so now.
- The recipient receives a display certificate. Depending on the company, the recipient may receive a high-quality replica or an actual stock certificate in the mail. Within the package, the recipient will find a unique account number and proof of ownership of one share of company stock.
- Shareholder information package arrives. The recipient will receive a shareholder information package in the mail within three to eight weeks of your order placement.
If you are buying a stock for a child, you’ll need to name a custodian, whose name will also appear on the registered stock. Generally, a responsible parent or guardian is the right choice for a custodian.
What If I Want To Sell My Stock?
Since this is a real share of stock, you can actually sell your share. However, selling a paper stock certificate is not as easy as when it's at an online brokerage.
To sell your stock, you need to work with the transfer agent for the company, and transfer your shares to a brokerage. You typically have to fill a form, endorse the stock certificate (like you do a check), and then the share will be deposited into your brokerage.
At that point, you can sell your share.
Is It Safe And Secure?
Yes, Unique Stock Gifts is a safe company with a good reputation. The company has been in business since 1998 and has earned an A+ accreditation from the Better Business Bureau. Although Unique Stock Gifts isn’t an investment broker and doesn’t provide investment advice, it’s safe to purchase a physical stock certificate or replica through the company.
Contact
You can get in touch with Unique Stock Gifts by calling 1-888-663-7862. Or you can fill out the contact form on the company’s website.
Is It Worth It?
Unique Stock Gifts offers a straightforward way to give the gift of a stock. After you purchase the stock, it’s possible it will rise in value over time. That’s a lot more than can be said for most gifts, like clothes and toys, which are often forgotten about in years to come.
Although this is an easy way to gift a stock, it’s not necessarily cheap. You’ll pay for the convenience through transfer fees and framing costs. But for many, this cost might be worth it.
Check out Unique Stock Gifts here >>
Features
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| 7-10 business days (6-8 weeks for real certificates) |
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| 3550 Work Drive, Fort Myers, FL 33916 |
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Web/Desktop Account Access | |
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Editor: Colin Graves Reviewed by: Robert Farrington
The post Unique Stock Gifts Review: Pros And Cons appeared first on The College Investor.
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By: Sarah Sharkey
Title: Unique Stock Gifts Review: Pros And Cons
Sourced From: thecollegeinvestor.com/47896/unique-stock-gifts-review/
Published Date: Wed, 30 Oct 2024 07:15:00 +0000
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