2001

Silver Nugget Mining Company Stock Certificate Pair (110942)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:65.00 USD Estimated At:130.00 - 200.00 USD
Silver Nugget Mining Company Stock Certificate Pair  (110942)
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Lot of two. 1) Number 195 for 100 shares to ML Earle in green. 1881. Signed by Alvin Hill and C Rodgers. Printed by Mining Record Litho of New York. 2) Number 2177 for 100 shares to JG Sands in white. 1881. Signed by Alvin Hill and ML Earle. Vignette of underground miners. Printed by Mining Record Litho of New York. Located in the Richmond Basin, the Silver Nugget was one of a number of mines operating in the Globe District between 1878 and 1893. Tenney (1929, p73) cites the Globe City Chronicle that reported there were 20 organized companies in the district in 1880. Among these was the Silver Nugget which operated a 6-stamp mill. Burchard (1881, p117) reports the mine produced $19,272 in bullion for the calendar year 1880. He also reports the Silver Nugget the second most important in the district. Several veins were being explored, ranging from 1 to 8 feet in width. One 12 inch vein comprised high grade ore. Over all in very nice condition.

Provenance: Ken Prag Collection
Country (if not USA):
State: Arizona
City/County: Globe
Date: 1881