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Related Collections 鈽

Retail & Mail Order

Department Stores

Consumer Products

Famous Companies

JC Penney

Eckerd

Wyoming

Utah

J. C. Penney Company, Inc.

SKU: 454pu
J. C. Penney Company, Inc. Bond Certificate
J. C. Penney Company, Inc. Bond Certificate
J. C. Penney Company, Inc. Bond Certificate
J. C. Penney Company, Inc. Bond Certificate

J. C. Penney Company, Inc.

SKU: 454pu
  • Only one piece available...
  • Inventory on the way
$19.00
/
Color

You will receive the exact certificate pictured



Guaranteed authentic



Over 35 years old



Sinking fund debenture bond


May 31, 1977 (purple)
September 1, 1978 (red)



Issued, canceled



American聽Bank Note Company



Machine printed signatures



12" (w) by 8" (h)



NA

Many courtesies that today's customers expect from a retail store such as money-back returns, standardized pricing, high quality merchandise, and friendly customer service simply were not widely practiced when Mr. James Cash Penney opened his first store in Kemmerer, Wyoming, in 1902. In those days, many merchants operated their businesses under the motto "caveat emptor" - let the buyer beware! Customers had to be on their guard against shoddy merchandise, fraudulent claims about quality, deceptive dual pricing systems, highly discriminatory sales practices, and rude, uncaring sales people.

By 1913, Penney had grown his store into a chain of 36 locations, and incorporated the company in Utah as the JC Penney Company.

By the end of 1920, the chain totaled 312 stores in 26 states. The company purchased the Crescent Corset Company, its first wholly owned subsidiary. It manufactured more than 500 styles of women鈥檚 lingerie exclusively for Penney stores. They were marketed under the name Lady Lyke, then Adonna.

In 1924, JC Penney opened its 500th store in Penney鈥檚 hometown of Hamilton, Missouri. The acquired store was the one in which Penney, age 19, got his first job in retailing in 1895.

On October 23, 1929 JCPenney common and preferred stocks were listed on the New York Stock Exchange for the first time. Six days later the stock market crashed on Black Tuesday.

In 1940, a young Sam Walton begins working in the Des Moines, Iowa store. Eighteen months later he was called up for military service. After the war, he did not return to JCPenney, but launched out on his own, ultimately founding Wal-Mart. He, however, retained a high regard for JCPenney. He adopted many JCPenney strategies, like building stores in small-town America. In his autobiography he called JCPenney "the Cadillac of the industry."

In 1953, as the Cold War and the nuclear threat intensified, more than 50 mannequins wearing JCPenney clothes were exposed to an atomic blast at Yucca Flat, Nevada. They were then displayed at stores nationwide to show shoppers what type of clothing offers the best protection to a blast.

The famous JC Penney catalog was introduced in 1963, and by 1979 catalog sales exceed $1 billion.

In 1996, the Company acquired several drugstore chains: Fay, Kerr, and several Rite Aid stores. This acquisition momentum climaxes with acquisition of the Eckerd Corporation in November. All were merged with Thrift Drug to create one of the nation's premier drug store businesses, with over 2,800 stores. Penney鈥檚 exited the drugstore business in 2004, selling all of its Eckard鈥檚 assets.

Are the certificates offered on your site genuine or reproductions?

All of our pieces are genuine - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.

All of our pieces are genuine - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.

Are the certificates you sell negotiable on any of today's stock markets or indexes?

Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!

Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!

Are the images presented in your product listings of the exact piece I will receive?

It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.聽聽

It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.聽聽

How will you ship my order and how much do you charge?聽

We ship all orders via the United States Postal Service.聽Most domestic orders are shipped via Ground Advantage.聽USPS International, Priority and Express Mail, UPS and聽DHL services are also available, and costs are calculated during checkout.聽Current charges may be reviewed here.

We ship all orders via the United States Postal Service.聽Most domestic orders are shipped via Ground Advantage.聽USPS International, Priority and Express Mail, UPS and聽DHL services are also available, and costs are calculated during checkout.聽Current charges may be reviewed here.

Can I return my purchase?聽

Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.

We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.

Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.

We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.

Do you buy stocks and bonds?

Yes. We purchase old stocks and bonds as collectible pieces. Feel free to contact us or use our chat system to let us know what you have. We will get back to you as soon as we can!

Yes. We purchase old stocks and bonds as collectible pieces. Feel free to contact us or use our chat system to let us know what you have. We will get back to you as soon as we can!

Do you research stocks and bonds to determine if they are still negotiable?

No we do not. You would need to have a firm that specializes in such a search to determine if your stock or bond remains negotiable. We buy and sell stocks and bonds as collectible pieces only.

No we do not. You would need to have a firm that specializes in such a search to determine if your stock or bond remains negotiable. We buy and sell stocks and bonds as collectible pieces only.

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