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Philadelphia-Searchlight Gold & Copper Mining Stock [187531]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:10.00 USD Estimated At:50.00 - 70.00 USD
Philadelphia-Searchlight Gold & Copper Mining Stock [187531]
FINAL AUCTION RECORD The Auctioneer’s podium notes serve as the final, legally binding record of the auction results, superseding any electronic bidding records. See Terms and Conditions
Issued 1907 Philadelphia-Searchlight Gold & Copper Mining stock. "According to U.S. Senator Harry Reid (1939–2021), who wrote extensively about his hometown, the most likely story as to how the town received its name was that when George Frederick Colton was looking for gold in the area on May 6, 1897, he supposedly said that it would take a searchlight to find gold ore there.[citation needed] Shortly thereafter, he found gold, leading to a boom era when Searchlight had a larger population than Las Vegas. At the time, it was in Lincoln County, Nevada. As talk surfaced for carving Clark County, Nevada out of Lincoln County, Searchlight was initially considered to be the county seat. Between 1907 & 1910, the gold mines produced $7 million in gold & other precious minerals, & the town had a population of about 1,500. The ore was shipped to Barnwell via the Barnwell & Searchlight Railway." from wikipedia.com [Searchlight Nevada