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Cons. Greenwater Copper Mining Stock

Currency:USD Category:Western Americana Start Price:50.00 USD Estimated At:NA
Cons. Greenwater Copper Mining Stock
Cert. #324, issued in 1907 to Chas S. Thompson and signed by J.A. Kirby as president. Inc. in South Dakota. The company organized in 1906 and held 23 claims circa 450 acres at Greenwater, showing 4 practically parallel copper veins, the widest 25 feet. The copper frenzy at Greenwater was such that George Graham Rice deemed it “the monumental mining-stock swindle of the century” Over a quarter of a billion dollars of stock were sold by the Greenwater operators but when all was said and done, only one mine recorded production amounting to exactly $2,625.09 (Lingenfelter, Death Valley and the Amargosa). Most of Nevada mining’s big hitters became involved in the Greenwater frenzy, but according to Lingenfelter, it was mostly the stock brokers that really cleaned up. This certificate was intended to be swapped for an engraved certificate in the future (note at the top), but it’s likely the company folded before that became an eventuality. Scarce certificate was never cancelled or transferred. Ex. Condition.

Date: 1907City: Death Valley-GreenwaterCounty: InyoState: CA