488
United Smelter, Railway and Copper Company
Currency:USD
Category:Western Americana
Start Price:50.00 USD
Estimated At:NA
NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2013 Dec 07 @ 10:00UTC-8 : PST/AKDT
A lot of three certificates from this mining and railroad company issued in 1909. U/C. Very attractive large size certificates measure 12” x 9”. A railroad vignette at the top with the caption “Saratoga and Encampment Railway” and a oval vignette of a smelter at the bottom with the caption “Smelter and Reduction Works at Encampment, Wyoming”. Black and green on crème. Jacobs and Holmes, Chicago, printer. This company was the successor to the Penn-Wyoming Copper Company, holding 91% of the outstanding stock by 1909. The company’s mine office was at Rudefeha, Carbon County. Operations of the Penn-Wyoming were greatly hampered by lack of rail facilities, but the Saratoga & Encampment Railway was completed by this company at a cost of $1 million. The Penn-Wyoming’s history was marked by a series of scandals and assorted mishaps with the 1908 Copper Handbook devoting nearly 8 pages to this company. Lands controlled by the company included the holdings of the Battle Lake Tunnel Site Mining Co. as well as the Ferris-Haggarty mine, discovered 1898. Massive debt and shady operators had the 1910 Copper Handbook suggesting that the whole lot should be jailed. EF.
Date: City: County: State: WY
Auction Location:
5635 Riggins Ct., Ste 15, Reno, Nevada, 89502, United States
Previewing Details:
Lot Preview Thursday December 5, Friday December 6, 10:00 am to 4:00 pm PST, or by appointment.
Nevada Satte Sales Tax
Taxes:
| Tax | Rate | Desc. |
| NSST |
7.75% |
Nevada Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
19.5% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
Due on receipt of invoice.
Accepted Payment Methods:
- VISA
- Master Card
- AMEX
- Discover
- Money Order/Bank Draft
- Check/Cheque
- COD (cash on delivery)
- PayPal
- Wire Transfer
Auction #5 Absentee Bidding will end
Friday, December 6, 2013 at 5pm PST,
Internet bids accepted any time
1. This is a Live Auction.
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WARNING: Auction participation through the live internet bidding site is not 100% foolproof. The technology for this process is still under review and development, and the operation of it and the corresponding internet connectivity issues are far beyond our control. Some folks have attempted to use the live internet bidding process as their primary method of bidding, and have been quite successful. Others have failed completely. Depending upon your computer, server, host, and other factors, internet signals may be delayed, such that bids may not be received in time. We cannot be held responsible for these delays, or for the lack of placed bids in a timely manner, or any other factors leading to unaccepted bids that are far beyond our control. Bidders should always have a backup plan for lots they highly desire. Live participation is best, followed by phone participation. We will not reopen lots for missed bids.
7. Reserves: Most of the lots in this auction are unreserved. Gold is generally reserved at or near spot, though it could be slightly below spot.
8. Bidding Increments: All bids must be submitted in U.S. dollars and in whole dollar amounts only in the appropriate increments as outlined below. If you choose to submit bids in an increment not listed below, your bid will be rounded to the nearest increment and you will be expected to pay the amount to which the bid was rounded should your bid be the winning bid. If you have any questions about an appropriate bid amount, please call us.
From: To: Increment:
$0 $95 $5
$100 $190 $10
$200 $475 $25
$500 $1,450 $50
$1,500 $3,400 $100
$3,500 $9,750 $250
$10,000 $max $500
9. Bid Reduction: All winning absentee bids will be reduced, if necessary, to the next bidding increment up from the last competing bid, as long as the minimum bid requirement has been met. For example, if you submit an absentee bid of $1000 and the next highest competing bid is $250, then you will win the lot for $275.
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11. Bid Cancellation: If you wish to cancel or change a bid after you have submitted your bids to us due to an error, you MUST PHONE us to advise us of this. Bid cancellations through mail, email, or fax are not advisable. Errors are easy to make and we are happy to assist all callers.
12. All stock certificates, checks, warrants, and other financial documents sold herein are sold as antiquities, and have no financial, securities, or public trading value whatsoever.
13. We reserve the right to reject any bid we feel is not made in good faith.
14. The placing of a bid shall constitute the bidder’s acceptance of these terms of sale.
15. Buyer’s Premium: There will be a 19.5 % Buyer’s Premium added to each lot. An additional 3% will be added for payments made by credit card or Paypal.
16. Sales Tax: Sales tax will apply, according to state law, for any items that ship to Nevada (7.725%) unless a current, valid resale certificate is faxed to us at 775-825-1634 before bids are placed.
17. Invoicing: Shipping charges will be added to all invoices. Invoices are mailed or emailed within two business days after the close of all portions of the sale. Within 15 calendar days of receipt of invoice, payment is due in full to Holabird Western Americana Collections, 5635 Riggins Ct. Ste. 15, Reno NV 89502. Sales tax will be added to all sales picked-up after the auction or shipped to Nevada addresses, according to state law, unless a resale certificate is provided.
18. Payment: We accept Visa, Master Card, Paypal, Money Order, Cashier’s Check, or Personal Check. A 3% discount is applied to the Buyer’s Premium on all sales. That discount will be reversed if payment is made with a credit card or via paypal. All returned checks are subject to a $25 fee. Cash received in amounts greater than $10,000 is subject to the filing of IRS form 8300, as required by law.
19. Shipping: Shipping will be $14.00 per invoice. Additional shipping fees may be invoiced seperately if shipment is larger than normal. The buyer is responsible for arranging and paying for shipment of large or special items. A $5 handling fee will be included in the shipping charge. The customer is responsible for all shipping charges. We do not ship any purchases until the auction invoice is paid in full. Purchases will be shipped via our approved, insured carriers: Federal Express or the US Postal Service. All items shipped Federal Express will be insured for the full value determined at auction by Holabird Western Americana Collections at no extra cost to the buyer. Federal Express shipments will be sent the Monday, Tuesday or Wednesday following receipt of payment. Pick up is available from our Reno office the next business day after the auction. NOTE: Some shipments (of unusual size, dimension, or weight) may require special handling for which individual costs will be calculated and applied to the shipping charge on the invoice.
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22. This sale is being held under the laws of the states of Nevada.
23. Holabird Western Americana Collections shall not be held responsible for any problem due to the bidders failure to follow the rules, terms and conditions of this sale, or any failure to bid due to the loss of the online auction process provided by any of the online auction network; or missed bids, changed bids or cancelled due the bidders failure to follow the proper bidding procedure outlined herein.