Texaco Inc (now Chevron) Bond Certificate
Texaco Inc (now Chevron) Bond Certificate
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Are the certificates authentic?
Are the certificates authentic?
Yes, all of the certificates we sell are authentic stock and bond certificates unless otherwise mentioned in the description. At one point in time, this certificate represented a share of of the company, or a bond receipt. These certificates have been removed from circulation and digitalized, as seen by cancellation holes, stamps and writing on the certificate. We offer these certificates as a collectable item, not a security.
This blue bond certificate from Texaco Inc., issued in 1978, features an image of an oil refinery. It includes cancellation holes, stamps, and handwritten annotations, indicating its authenticity and historical use. The bond was issued for $50,000 with an interest rate of 8 1/2%, and it was due in 2006.
Texaco Inc., originally known as The Texas Company, was founded in Beaumont, Texas, in 1902. The company quickly grew to become one of the leading oil companies in the world, known for its wide range of petroleum products and extensive operations in oil exploration, production, refining, and marketing.
In 1978, when this bond certificate was issued, Texaco was a major player in the global energy market, involved in every aspect of the oil industry, from drilling and extraction to refining and distribution. The company's iconic red star logo became a familiar sight at gas stations across the United States and around the world.
Throughout its history, Texaco was known for its innovation and expansion. It played a significant role in the development of the American oil industry and was involved in various international ventures. However, the company also faced challenges, including legal and financial issues, which eventually led to its merger with Chevron Corporation in 2001.
Materials and care
Materials and care
Here are some quick tips to preserve your certificate for decades to come.
Paper quality: Stock certificates were printed on a variety of certificate paper dating back to the mid 1800s. Most of these vintage collectable certificates have signs of used & wear , cancellation holes, pencil / pen writing, stamps, staples, adhesives, slight rips, missing coupons and other features.
Handling: Always handle the certificate with clean, dry hands or use cotton gloves to avoid transferring oils and dirt from your skin onto the paper.
Storage: Store the certificate in a cool, dry place away from direct sunlight, which can cause fading. Use acid-free folders or archival-quality plastic sleeves to protect it from moisture, dust, and physical damage.
Framing: If displaying the certificate, use a frame with UV-protective glass to prevent light damage. Ensure the certificate is mounted using acid-free materials to avoid any chemical reactions that could degrade the paper over time.
Avoid Exposure: Keep the certificate away from direct sun, extreme temperatures and humidity, which can cause the paper to warp or deteriorate. Avoid exposing it to pollutants, such as smoke or chemicals, which can cause discoloration.
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