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Lot 48092 |
Dr Pepper: The Original "Dr Pepper Pepsin Bitters" Formula Handwritten in the Ledger Book from the Waco Drug Store in which It...
2009 May Grand Format Political & Americana Auction #6013
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Bid Information
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For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
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Consignor Has Not Yet Submitted a Reserve:
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Reserve Met:
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.
Opening Bid:
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).
What's This?
Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
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Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
What's This?
The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.
This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% (minimum $40 per lot) of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
BP - Buyer's Premium
A Buyer's Premium will be added to each successful bid. For this sale: 19.5% of the successful bid (minimum $9) per lot. Please see #2 in our Terms & Conditions.Not Sold
This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.Opening Bid:
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).Extended Payment Plan
Available on select items as noted on the item page in the bidding area.
[+] Extended Payment Plan Details
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Terms and Conditions
Extended Payment Plan for Heritage Owned Inventory Items
(excludes Virtual Bourse, Comic Market and Virtual Sports Show)[+] Extended Payment Plan Details for Heritage Owned Inventory Items
- Minimum invoice total is $2,000.
- You may take up to 6 months to pay the balance (monthly payments of at least 1/6th of invoice total).
- Interest is calculated at only 1% per month (12% annually) on the unpaid balance, and must be kept current.
- Minimum down payment is 20%.
- Payments (including the down payment) must be made on-time per your specific EPP schedule (there will be a brief grace period).
- Payments must be made using one or a combination of the following payment methods: cash, check, cashier's check, eCheck, money order, bank draft, bank wire or PayPal.
- There is no penalty for paying off early.
- Non-dealers only
All traditional sales policies still apply. Due to the nature of the business and market volatility, there is no return privilege once you have confirmed your sale, and penalties can be incurred on cancelled orders.
SMS Alerts
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Receive a text message approximately 35 lots ahead of your item being up for bidding at auction, with a link to bid in Heritage Live in the text message. Haven't registered? Visit MyProfile to sign-up for free by entering your mobile number. The green icon indicates Live Bidding Text Alerts are on for that lot. Live Bidding Text Alerts are only available for lots in live sessions.
| Sold for: |
Not Sold
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| Auction Ended On: | May 13, 2009 |
| Item Activity: |
0 Internet/mail/phone bidders
21,349 page views |
| Location: |
Heritage Auctions |
Waco, Texas, now a quiet and beautiful city of 120,000+ people and the home to Baylor University, was quite different in the years after the Civil War. It had two nicknames during that period: "The Athens of Texas" referring to its multiple institutes of higher learning; and "Six-Shooter Depot" referring to the plethora of gun-toting outlaws, barroom brawls, and street shootings. In the midst of all the "recreational" businesses in Waco, which included numerous saloons, gambling halls, and a quasi-legal bordello, a pharmacist by the name of John W. Castles opened up a large corner drug store at Fourth and Austin in 1880. He soon took a partner, Wade B. Morrison, who then bought him out and renamed the establishment Morrison's Old Corner Drug Store.
Drug stores of the day not only sold medicinal compounds, household products, and filled doctors' prescriptions, they sometimes even removed bullets from the victims of the street shootings. Another major business for Morrison's Old Corner Drug Store was its soda fountain serving "soft" drinks and other confections, a popular gathering place for the more sedate citizenry of Waco. A staff pharmacist named Charles Alderton loved to mix various original flavors, add carbonation (a fairly new process), and serve them to his customers. A graduate of the University of Texas Medical School in Galveston, Alderton loved the mixture of scents that the drug store produced and he wanted to come up with a soft drink flavor that reminded him of these wonderful aromas. One fateful day when he thought he had succeeded in formulating a totally unique new taste, he asked his boss, W. B. Morrison, to sample the new concoction. They agreed that this was something special and started serving it to their fountain trade. Without a real name yet, it was often referred to as a "Waco." It quickly became so popular that it had to be given a name. The number of different legends as to how and why "Dr Pepper" was chosen number about a dozen but it followed a trend of the day to give products names with "Doctor" in the title in order to make them sound more healthful. The actual date of the first Dr Pepper is lost to posterity but the U.S. Patent Office recognizes December 1, 1885 as the official date when it was first served at the Old Corner Drug Store.
The fame of this tasty treat spread to the point that Morrison and Alderton couldn't mix enough of the syrup in their backroom to satisfy demand. Alderton was a pharmacist at heart and by trade and he soon dropped out of the soft drink business; a gentleman by the name of Robert Lazenby stepped in. He and Morrison started a new company in 1891, the Artesian Manufacturing and Bottling Company, which would eventually become the Dr Pepper Company. For a number of years, the product was known mostly in Texas. The 1904 World's Fair and Exposition in St. Louis changed that forever. Dr Pepper got its first national exposure to twenty million people. The rest, as they say, is history. Dr. Pepper was the first of the major American soft drinks to be formulated (pre-dating Coca-Cola by a year) and the only one invented west of the Mississippi. Texas is proud to have shared it with the world.
The king of beverages. Drink a bite to eat at 10, 2, and 4. The friendly pepper-upper. America's most misunderstood soft drink. The most original soft drink ever. Be a pepper. It makes the world taste better. Be you. There's just more to it. These are some of the memorable ad campaign slogans used by Dr Pepper through the last 100+ years. The simple fact is that Dr Pepper has long since transcended being just a soda pop; it is a pop culture phenomenon. Some astute private collector or institution will be fortunate enough to own this amazing component of its humble beginning.
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