Sad news, Disney collectors. As of October 15, 2013 (TOMORROW), Disney will no longer be issuing paper stock certificates to their shareholders.
The certificate, a popular one year wedding anniversary gift among Disney lovers (the traditional one year anniversary gift is paper), was given to anyone who purchased at least one share of Disney stock – trading at $66 at the time this post was written. After today, your stock purchase transaction will be purely digital. Disney will offer share holders a “certificate of acquisition” if asked for one, but it’s just a piece of paper and is not technically worth anything. That’s not much fun to hang on your wall, is it?
So if you were thinking about getting one of these certificates for an anniversary gift, you better make that purchase RIGHT NOW through a site like OneShare or GiveAShare.
Source: USA Today