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DOES THE VALUE OF THE ASSET MATTER?

Yes, the medallion stamp that operators possess has a maximum surety value assigned, which means some shareholders with higher value holdings may struggle to find a medallion service provider outside the US and Canada.
 

Stamps have a prefix that indicates their surety limit, which limits how much they can guarantee the transaction for:

 

  1. A: $1,000,000

  2. B: $750,000

  3. C: $500,000

  4. D: $250,000

  5. E: $100,000

  6. F: $100,000 (Credit Unions per transaction)

  7. X: $2,000,000

  8. Y: $5,000,000

  9. Z: $10,000,000

In addition, any transfer agent who is a member of the Securities Transfer Association receives $4,000,000 insurance against stolen or counterfeit medallion stamps.

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