UNITED PARK CITY MINES stock certificate - blue type
| Start Price |
USD 39.95 |
| Current Price |
USD 39.95 |
| Time Left |
- |
| Bid Count |
0 |
| Buy It Now Price |
- |
| Reserve Price |
- |
| Start Time |
Sunday, July 13, 2008 |
| End Time |
Sunday, July 20, 2008 |
| Location |
Richmond |
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See more about 'UNITED PARK CITY MINES stock certificate - blue type'
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Description
United Park City Mines CompanyStock Certificate This is an authentic stock certificate from the United Park City Mines Company . The certificate has a wonderful vignette of 2 allegorical figures flanking a frame with a miner in a mining scene. 1950s. This auction is for the blue version - brown version available in my other auctions. Company OverviewThe Group's principal activity is to develop, lease and market real estate property. The Group leases approximately 4,800 acres of surface estate for skiing purpose to Ski Resort operators including Deer Valley and Park City Mountain Resort. The Group also owns 13,400 acres of mineral estate located near Park City, Utah. The Group operates solely in the domestic market. The Group's operations are carried out through the following segments: Mine Maintenance and Real Estate. Real estate accounted for 99% of 2002 revenues; Mine Maintenance, 1% and Other, nominal. Area history:In 1868 prospecting Army soldiers discovered rich silver veins in the hills above what would become Park City. George Snyder, a Mormon polygamist, built a boarding house with his third wife Rhoda near the present Town Lift to profit from the mining trade. On the Fourth of July, 1872, early miners raised Rhoda's had sewn American flag over the Snyder's log house. "We shall call this place Parley's Park City," George declared. Very soon the "Parley" (named for early settler Parley Pratt) was dropped and a new mining boom town had its name The Silver King Mine produced fortunes in silver and made several investors millionaires. Near the present Bonanza chairlift, the Silver King hoist building remains. The mine company also built a miner's dining hall with upstairs bedrooms and offices for its top management. In 1987, it was in disrepair and awaiting demolition when historic preservationists rallied to save it. The 144 ton building was jacked up and pushed uphill by a fleet of bulldozers and restored to its original grandeur. Mid-Mountain Lodge now serves meals again, this time to skiers and riders near the Pioneer Chair. Early Park City miners used what were called "longboard snowshoes" as early as the 1880's for transportation to the mines, but by the 1920's, skiing was becoming a recreational sport. Scandinavian miners built a jump on the Creole Mine dump, (now the Creole ski run to the Town Lift), and held jumping tournaments. Park City's young adults formed the Park City Ski Club and guided kids and adults on ski tours on the hills that one day would become Park City Mountain Resort. As early as 1923 the Park Record newspaper was predicting skiing would make Park City "a mecca for winter sports." The last surviving mining company in Park City, United Park City Mines, turned to skiing with help from a federal loan meant to revive economically depressed rural towns. In Park City, the $1.2 million dollars bought a gondola, base and summit lodges, a chairlift, a J-bar, and a nine-hole golf course. The resort was called Treasure Mountain Resort. Mine company officials urged townspeople to hang on to their real estate because, they said, "it will be valuable some day." At the time, a town lot and house were worth about $500. The Skier's Subway lift carried skiers like they were silver miners. Skiers climbed into modified mining trolleys and were pulled two and a half miles through the pitch dark Spiro Tunnel to the Thaynes Hoist, where they boarded the old mine elevator and were lifted 1,750 feet to the surface near the Thaynes chair lift. From there skiers could access the whole mountain. No other ski lift was like it in the world, but it ran just four winters. Although skiers thought it was memorable, they also found it slow, and some thought it was too creepy! In March 1985, Park City Ski Area held its first World Cup ski race on Willy's run when another resort cancelled. Craig Badami, the lively son of the then-resort owner, jumped at the chance. Badami pulled out all stops. He featured rock bands, street dances, speed skiers, skydivers, and - oh yes - world class ski racing. The first event drew 12,000 spectators - a North American record. Park City's spectacular staging of World Cups set a new standard on the circuit and earned Park City the permanent slot to open the World Cup season each November. The Eagle Race Arena at Park City Mountain Resort became a field of dreams for American athletes at the 2002 Olympic Winter Games. Park City Mountain Resort hosted four events, each averaging 15,700 ski and snowboard fans. The perfectly sculpted Eagle Superpipe showed America's snowboard dominance, with Kelly Clark's gold, and the American men's sweep by Ross Powers, Danny Kass, and J.J. Thomas. In parallel snowboard giant slalom, liver transplant recipient Chris Klug inspired the world with his bronze finish. Bode Miller came from behind in the men's giant slalom on CB's Run for the silver. Six of the ten U.S. Ski and Snowboard Team medals were won on the home mountain This highly-desirable certificate is in excellent shape. Perfect for framing! Really an outstanding, uncommon collectible stock! Offered at a truly fair price. Check out my other items! I have tons of certificates for every budget. Buyer to prepay for item and $5.75 shipping via USPS Priority Mail. Money orders and personal checks accepted.VISA and MC accepted via fax, phone, and mail. PayPal is honored for all auctions!!! I am a verified seller! PLEASE READ!!!!!!!!!!!!!!!!!! This is a sample photo only. The certificate for sale has the same color, condition, and vignette. Differences will be in date, marks, original owner name, serial number, and corporate officers unless otherwise noted. The quality shipped will be the same or better than pictured. Refund given if buyer is not satisfied. Note that we cannot search for a specific date or name due to our large inventory. Modern certificate pictures often have owner names obscured for privacy. Modern certificates may still be trading in the stock market but no ownership is transferred in this sale - the certificate is sold as a collectible novelty only. It is likely that the scanned certificate has already been sold but you may ask us to check before bidding. Shipping costs are less than actual cost to us, the seller. We ship by USPS Priority Mail for fast delivery times. We use a custom-sized photo mailer with a custom, non-acid slip sleeve for protected shipping. We allow for combined shipping to save the buyer money for multiple auction wins. Please wait until all auctions are complete before sending payment. I will not know if you are continuing to bid so I ship when paid. (If you pay early I will ship and cannot combine shipping on later auctions.) Please include item numbers with payment for quick, positive feedback and accurate shipping. Please send only one payment to avoid confusion. Shipping to Canada or Europe is the same as US shipping. International bidders purchase at their own risk - no insurance, tracking, or returns are possible. Seller is not responsible for items lost in international shipment. Shipping is not negotiable. Do not ask to ship by other methods. We do not deliver; we do not allow for pick-up; we do not ship overnight. We only ship Priority Mail in the US due to better handling and delivery times. Again, our shipping fees are less than our actual costs (We can forward you the breakdown of costs in a templated response e-mail.) Read the auction for the shipping fees before bidding. Satisfaction is guaranteed for any reason within 30 days. Authenticity is guaranteed for life. Refunds will be sent upon return of any unsatisfactory auction item. If you do not return the item, I assume that you decided to keep it. Please contact us directly for questions not explained here. All certificates are only sold as collectibles. No investment value is implied, transferred, or considered. No transfer of securities is performed. Certificates are cancelled or obsolete. (Now really, would I sell a $10,000 investment instrument for $10?) We follow all rules on selling stock and bond certificates. We also comply with SEC regulations governing certificate sales and licensing requirements (we are not authorized to sell investments or securities under these rules.) Do not ask us to sell this at a reduced cost -- use the bidding process. The minimum price is stated in the auction; the shipping fee is also in the auction. We believe that we offer very reasonable prices based on both cost and demand. Please read the shipping costs before bidding. Are these real? - YES! We only sell authentic stocks and bonds that have been used in actual commerce or from company archives. They have been cancelled and no longer have investment value but are still the real deal. We do not sell copies. Active companies (still trading) are also only sold as collectibles. These have more recent dates due to the methods by which they were obtained. Where's the value in these? - Since these pieces no longer have investment value, aren't they worthless? Literally, they are only worth the paper that they are printed on. The same can be said for baseball cards and stamps but it is really the collectible value that makes these worthless securities desirable. These are sold as collectibles or novelties only.
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