706

CO - Mineral Point,San Juan County - 1895-1928 - Eureka Mining District and Mineral Point Mining Dis

Currency:USD Category:Collectibles / Western Americana Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
CO - Mineral Point,San Juan County - 1895-1928 - Eureka Mining District and Mineral Point Mining Dis
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!!!
Lot of 3. 1. The Lake Mountain Mining and Reduction Company, Eureka Mining District. The Mineral Point District covers about 3.5 sq. miles between Poughkeepsie Gulch on the west, Engineer Mt. on the north, the California Gulch Divide on the southeast, and Canadian Lake Basin on the southwest. The altitude is between 11,500 and 12,000 feet. Many veins in the area contain high-grade gold and silver pockets. The San Juan Chief group of mines are in the Eureka Mining District. The company later merged with another to form the Golconda-San Juan Mines, Inc., [Refs: Ransome, F. L., “Geology of the Silverton Quadrangle, Colorado,” 1900; Burbank, W. and R. Luedka, “Geology and Ore Deposits of the Eureka and Adjoining Districts, San Juan Mountains, Colorado,” USGS Prof. Paper 535, 1969]. Number 303 issued to F. J. Poyneer by Chas. V. Neal, Secretary, and [illegible] J. Fauber, President on 5 March 1928. On crème paper with a gold border. Three vignettes over the company masthead. Two are of miners working underground and the middle one is of mountains. On the reverse, the folds are yellowing. U/C. Good condition.

2. Rocky Mountain Gold Mining Company, Mineral Point Mining District. Number 2011 issued to R. W. Weissenborn by F. D. Barstow, Secretary, and W. F. [illegible] on 29 October 1899. Colorful stock on white paper with a deep red border. Vignette of miners working and resting underground. Not cancelU/Cnt condition.

3. San Juan Mining and Milling Company, Eureka Mining District. The Sunnyside Mine was located in 1873. Judge Terry spent all of his money on the development of the mine. He then sold the property to a New York syndicate for $300,000. The syndicate returned the property after paying Terry $75,000. Terry invested the money back into the mine and struck good ore and the mine became one of the richest in the State. The mine worked continuously for more than 50 years and was closed in 1938. The mine was reopened again about 1960 and operated until about 1990. Fine specimens of free gold and rhodochrosite crystals on quartz were obtained from this mine [Refs: Eberhart, P., Guide to Colorado Ghost Towns and Mining Camps, 1959; Ransome, “Economic Geology of the Silverton Quadrangle, Colorado,” 1900; The Hal Miller Files]. Number 197 issued to William E. Sutler, M. D. by W. O. Chapman, Secretary, and W. S. Estry, President, on 4 April 1895. On white paper with brown mosaic border. Vignette of miners working underground under the company masthead. U/C. ExceU/Con.