Utah Copper Company
Utah Copper Company
- In stock
- Inventory on the way
Utah Copper Company
American Bank Note Company
10 1/2" (w) by 7" (h)
Representative of the piece you will receive
The Utah Copper Company had its start when Enos Andrew Wall realized the potential of copper deposits in Bingham Canyon, 15 miles southwest of Salt Lake City, Utah in 1887. He acquired claims to the land and started underground mining. In the mid-1890s, metallurgist Daniel C. Jackling and mining engineer Robert C. Gemmell inspected the property and liked the prospects. Both men examined Wall's properties and recommended open-pit mining. In 1898, Samuel Newhouse and Thomas Weir formed the Boston Consolidated Mining Company.
Jackling and Wall formed the Utah Copper Company on June 4, 1903, with Charles L. Tutt Sr., Charles MacNeill, Spencer Penrose, Boies Penrose, Tal Penrose, and Dr. R.A.F. Penrose as investors. MacNeill was named president, Spencer "Speck" Penrose was named secretary-treasurer, and Jackling was named general manager. The company immediately started a pilot mill at Copperton.
With financing from Guggenheim Exploration, the first digging began in 1906. The same year, the Kennecott Mines Company was formed in Alaska, named after explorer and naturalist Robert Kennicott. A smelter was also started at Garfield, Utah by the American Smelting and Refining Company (ASARCO) to refine the Bingham Canyon ore.
In 1907, the Utah Copper mill in Magna started operation. Utah Copper and Boston Consolidated merged in 1910. Five years later in 1915, Kennecott acquired a 25% interest in the company. In 1915, to dilute the cost of railroad construction to support the mines, and to find new ventures for the capital produced by the Alaskan mine, Kennecott Copper Corporation was incorporated from the various financial interests involved. By this time, the Guggenheim Exploration was already actively working copper mines in Chile and Utah. Upon Kennecott's creation, they merged their Braden Copper Company property in Chile, as well as 25 percent of the Utah Copper Company, into Kennecott.
These actions resulted in Kennecott taking possession of Braden's El Teniente, the world's largest underground copper mine, located in the Chilean Andes. Founded by William Braden and E.W. Nash of New York City, the Braden Copper Company had started mining there in 1906.
In Utah, the Bingham and Garfield Railway opened in 1911 to transport local ore, replacing the Denver and Rio Grande Railroad's line. In 1936, Kennecott acquired all the assets of the Utah Copper Company.
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.