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AZ - Flagstaff,Coconino County - 1920 - Crater Mining Company Stock Certificate - Fenske Collection

Currency:USD Category:Collectibles / Western Americana Start Price:200.00 USD Estimated At:400.00 - 800.00 USD
AZ - Flagstaff,Coconino County - 1920 - Crater Mining Company Stock Certificate - Fenske Collection
Session D is a Mail-Bid Only Auction. Absentee bids will be accepted only. No live bidding will be allowed. All winners will be contacted after the auction. BIDDING ENDS MONDAY JUNE 27 AT 5PM PACIFIC TIME!!!
Canyon Diablo. Incorporated in Maine in 1920. Cert. #5 issued to M.G. Connellan for one share. Signed by president and treasurer, although signatures are illegible due to cancellation punch holes. There are purple “Cancelled” stamps on face of certificate. No vignette. Orange border and safety print. Printer: John A. Lowell BNCo. 8 x 12.” There are two revenue stamps on the reverse, one from the Commonwealth of Massachusetts for 2 cents and the other a “Documentary Cents” with Crater MC handwritten on top. This company undoubtedly took its name from what is now called Meteor Crater near Flagstaff, AZ. The property was quickly taken control of by the U.S.S.R. & Exploration Co. Whether the company actually explored the crater for meteoritic material is unknown to us, but is suggested in a note in the 1931 Mines Handbook (p.369), in its report on Barringer’s Meteor Crater Exploration and Mining Co, organized in 1925 that, “The ground had previously been operated by the probably defunct Meteor (sic—should read Crater) MC, a subsidiary of United States Smelting, Refining & Mining Co….” Under USSR & M Co.’s entry in this same volume of the Mines Handbook, the Crater Mining Co., not the Meteor Mining Co., is listed among its holdings. Norton makes no mention of the Crater Mining Company.[Mines Handbook, 1925, p. 150, 369],[1998, Rocks from Space].