July 24, 1967 (green) August 5, 1965 (brown) October 15, 1973 (orange)
American Bank Note Company
12" (w) by 78" (h)
Show the exact certificate you will receive
In April of 1947, Pan American Sulphur Company was incorporated to exploit General Alfredo Breceda's discovery in the Tehuantepec reserves. The original investment in its formation, chipped in by the Little Mothers Club (a clique of independent Texas oil millionaires,) was $310,000. The company then discovered that sulphur lay beyond the Breceda concession but, saved by Breceda’s government pull, PASCO secured adjacent rights in 1950. The Korean War put sulphur in more demand, and Pan Am decided to sell out and make a profit, but it couldn’t get Freeport Sulphur or Texas Gulf Sulphur to buy. So PASCO stayed; in 1952, it secured a loan of $3,664,000 from the Export-Import Bank, and later another loan of $750,000. Sales of new stock were arranged through Wall Street investment bankers, Kuhn, Loeb & Co. in 1953 and 1955.
Probably PASCO’s luckiest break was being turned down on offers to sell. Only in the salt-dome wells peculiar to the Western Hemisphere’s Gulf Coast can sulphur be mined by the very cheap Frasch process (in which super-heated water is pumped into the deposits, melting them, and the sulphur is forced to the surface by compressed air). PASCO’s sulphur field on the Isthmus had many advantages; it was close to the surface, with sloping walls which enabled water to escape; a river flowed through the concession for necessary water and there was a Pemex refinery nearby to supply fuel oil, an old railway, and a port 26 miles away.
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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 most orders via the United States Postal Service using their Ground Advantage service. USPS International, Priority and Express Mail, UPS and DHL services are also available. Costs are calculated during checkout.
If you order is over $35 and your shipping address is within the United States, your order ships FREE!
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.