Bethlehem Steel Corporation
Bethlehem Steel Corporation
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Common Stock Warrant
September 20, 1929
American Bank Note Company
9 1/4" (w) by 6" (h)
The Bethlehem Steel Corporation was formed in 1904 to consolidate Bethlehem Steel Company (of Pennsylvania), the Union Iron Works (with shipbuilding facilities in San Francisco), and a few other smaller companies.
The company’s history traces to 1857, when a group of railroaders and investors of the city of Bethlehem, Pennsylvania, founded the Saucona Iron Company, which four years later was renamed Bethlehem Iron Company; the works was designed principally to turn out wrought-iron railroad rails. In 1899 the facilities were acquired by a newly formed enterprise, the Bethlehem Steel Company.
The major founder of the corporation was Charles M. Schwab, who had earlier been one of the major figures in the creation of United States Steel Corporation (1901). In August 1901 he had bought control of Bethlehem Steel Company, only to see it fail in a financial scandal. Schwab borrowed and invested heavily to save the company’s assets, absorb other companies, and launch the Bethlehem Steel Corporation. The corporation thrived, partly as a result of the expanding orders for guns, munitions, and naval vessels from European powers both before and during World War I. In the first four decades of its existence, the corporation absorbed a number of iron-ore, coal, and steel-producing properties from coast to coast. During World War II and the postwar years, it continued to expand.
Like other American steel companies, Bethlehem began to diversify during the 1970s in the face of strong competition from foreign steelmakers. Its other activities included the production of plastics and related chemical products and the mining of nonferrous ores. Despite its attempt to diversify, Bethlehem Steel was ultimately brought down by a variety of factors, including low-cost foreign competition and the loss of millions of dollars in a lawsuit.
In 2001 the corporation filed for bankruptcy protection, and two years later it—along with more than 20 of its subsidiaries, including Bethlehem Rail, Greenwood Mining, and Chicago Cold Rolling—was dissolved and its assets sold.
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!
All of our pieces are original - 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 offered on your site genuine or reproductions?All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.
Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
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.
How will you ship my order and how much do you charge?
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
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.
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.