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Colorado Central Consolidated Mining Company (85204)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:30.00 USD Estimated At:60.00 - 120.00 USD
Colorado Central Consolidated Mining Company   (85204)
SOLD
30.00USDto c*********p+ (7.50) buyer's premium. + applicable fees & taxes.
This item SOLD at 2019 Jul 15 @ 13:24UTC-7 : PDT/MST
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The stock certificate was sold in Holland (very unusual!) as evidenced by the circular stamp in the upper right corner. # A1121 for 3703 shares to Hyman. Signed by WE Mantius and (?) for president. Clear Creek County. Like a bond there are attached coupons - numbers 37 to 50 still attached. Two mining tunnel vignettes. With attached coupons measures 12 x 11".



The Colorado Central is one of the great mother lodes of the State. The Colorado Central Consolidated Mining Company has lately been organized on the lodes and tunnels just described of which the Colorado Central mine and the Marshall Tunnel are the most prominent features. This is one of the most important combinations ever perfected in the Rocky Mountains and is destined to cut an important figure in the future silver product of the State. Reliable authorities estimate an annual yield after a moderate amount of development has been done of half a million per annum. The contiguous locality of the veins their unusual richness and the facilities afforded by the tunnel as an ore outlet ought to render a very large proportion of that sum clear profit. The foundation of all sound mining properties is of course both quantity and quality of ore This group of veins possesses both of these requisites. The average receipts of all ore shipped from the Colorado Central for one year was over $500 per ton aggregating a yield of some $80,000. Before the advent of reduction works or railways at Georgetown the Compass and Square produced ore so rich that the average selling price was nearly fifty cents a pound or nearly $1,000 a ton. This property is now included in Tunnel lode No 5 and the Robeson. The OK has shown remarkably rich mineral in large quantities. [Colorado, Its Gold and Silver Mines by Fossett] ` Ken Prag Collection

Date: 1888
State/Country: Colorado
City/County: Georgetown