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The product is a circulated 2007 Yahoo! stock certificate, representing one share. This collectible piece of stock is from the United States and is in immaculate condition, making it a desirable item for collectors or investors interested in communications and technology companies. The certificate features the name of the stock's original owner, Terry Semel, adding to its unique and historical value.
The document in the image is a physical common stock certificate for Yahoo! Inc., issued on September 4, 2002, to Malcolm Kurin for a single 🔎 Does this share have current financial value?
If you own this physical certificate or are wondering about its legal and financial status, you should consider the following corporate and strategic context:
1. The sale of Yahoo!: In 2017, Yahoo!'s core operating business was acquired by Verizon for $4.48 billion. The remaining portion of the company that was not sold (which included massive stakes in Alibaba and Yahoo Japan) was renamed Altaba Inc.
2. Corporate liquidation: In 2019, Altaba initiated a formal liquidation and dissolution process approved by its shareholders, distributing its assets and ceasing to trade on the stock market.
3. Status of physical certificates: The vast majority of shares issued through single-share gift services of that era (such as the defunct platform OneShare)—or those held outside of direct electronic brokerage accounts—were often cancelled, liquidated, or transferred to state unclaimed property funds (escheatment) following years of inactivity or changes of address by the holders.
## 💡 Real value: The collectibles market (Scripophily)
Although its current value as a tradable financial asset is nil or negligible, these certificates hold real collectible value within the field of scripophily (the collecting of antique stocks and bonds).
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* Dot-com era relic: As Yahoo! was one of the pioneering internet giants of the 1990s and early 2000s, its certificates—printed by the American Bank Note Company—are highly sought after by technology history enthusiasts.
