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AZ - Pinal County,1884 - Silver Queen Mining Company Stock Certificate*Territorial* - Fenske Collec

Currency:USD Category:Collectibles / Western Americana Start Price:200.00 USD Estimated At:400.00 - 800.00 USD
AZ - Pinal County,1884 - Silver Queen Mining Company Stock  Certificate*Territorial* - Fenske Collec
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!!!
Pioneer District. Incorporated in New York in 1880. Cert. # 891 issued to J.L. Gensler for 100 shares. Signed by Nelson Morril as president and P.S. Swain as secretary. Underground mining scene vignette with black border and print on white paper. Printer: W.E. Badeau, N.Y. U/C. 7 ½ x 11.” The Silver Queen was the first deep shaft sunk on the famous Magma mine. The Magma vein was discovered in 1874-75. The first mine in the district was the Silver King, located 2 miles north on the Magma vein. By 1883 the Silver King had paid more than $1.3 million in dividends, ranking it with the best mine at Tombstone. The Silver Queen, meanwhile, was shipping 1000 tons of ore annually, according to Burchard in 1883. Mining continued through about 1893, though production records are scant. In 1910 the Silver Queen was optioned by William Boyce Thompson, an experienced mining man who thought well of the property, and with his partners and investors organized the Magma Mining Co. The company is still in existence today and has mined more than a billion pounds of copper from the Silver Queen and surrounding area since 1910. Silver and gold have been recovered as a byproduct, though their numbers are impressive in their own right (12 millions ounces of silver mined from 1914-1937). For some time in the 1980s through 1990s, the Magma was the largest base metal underground mine in America. This certificate ranks as one of the key pieces in any Arizona collection [Short & Wilson; Tenney; Burchard].