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Grand Central Mine Original Patent Papers & Tombstone Bond [136607]

Currency:USD Category:Collectibles / Mining Start Price:500.00 USD Estimated At:1,000.00 - 1,500.00 USD
Grand Central Mine Original Patent Papers & Tombstone Bond  [136607]
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The Grand Central mine was not only one of the most famous of all the Tombstone mines, it later became the center of the modern day open pit gold-silver mine, known as the "Contention Pit". Mineral Certificate 404, GLO 14658 to the Grand Central Mining Co. September 18, 1886, for the Moonlight mining claim (go get one of these certificates- we've had them, as well as the Grand Central!), lot 177. 6 pages including full page original pen and ink drawing of the claim and workings at the time, 1"=200'. 10 x 15", water stained. Signed by a secretary for US President Grover Cleveland, transferred to E.B. Gage May 4, 1897 (Tombstone Consolidated). In the early 1880s, the Grand Central ran neck-and-neck with the Contention for the largest silver/gold production in Tombstone at just under $1million for the year (Burchard, 1884, Report of the Director of the Mint, p37). When the silver price began to fall in the early 1890s, Tombstone became a near- ghost town. (Blandy, "Arizona" in The Mineral Industry, 1895, p313-4.). Mine financier E.B. Gage saw an opportunity and began consolidating the central high-revenue producing claims. When he was done, he formed the Tombstone Consolidated MC, a bond of which is present with this lot, signed by him. But it took years to get the mines back into production, and this is easily recognizable when researching through the professional mining production reports through about 1915, which generally omit Arizona completely for precious metals. This is unarguably one of the two most important mines at Tombstone, and is the original patent papers, which must have come out of old company records. From the Shirley Bovis Private Tombstone Cowboy Museum.

Date:
Country (if not USA):
State: Arizona
City: Tombstone
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