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Mammoth Cons. Mining & Milling & Smelting Co. Stock Issued to Juan Delgado [204820]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 300.00 USD
Mammoth Cons. Mining & Milling & Smelting Co. Stock Issued to Juan Delgado [204820]
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This company owned the famous Delgado Mine at New Placers near Golden, Santa Fe County. It is made out to Juan Delgado in 1881 (and signed by him on the reverse). Famous territorial figure Juan Delgado wrote that his father lived at the New Placers about the year 1843, giving his name to the Delgado mine. "The ground at the New Placers is very rich with gold. I have taken out of the Delgado mine nuggets of gold worth from $2 to $9 in pure gold. I have kept store at the New Placers and have seen great quantities of gold that were taken out of them. I purchased from the miners in 1876 and 1877 about $300 per month of gold taken out of them." The run of this famous mine finally ended when the company was dissolved in 1921. Underground mining vignette. Comes with info about Delgado.
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Date: 1881
Country (if not USA):
State: New Mexico
City: New Placers
Provenance: Douglas McDonald Collection