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Connecticut Mining Co., 1864, Stock [175893]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:500.00 USD Estimated At:1,000.00 - 2,000.00 USD
Connecticut Mining Co., 1864, Stock    [175893]
SOLD
350.00USD+ (87.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Dec 10 @ 10:56UTC-8 : PST/AKDT

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Stock Certificate from the Connecticut Mining Company #656 issued to Thomas Allen for 100 shares at $2.5 each on May 7, 1864. Signed by president W.S. Stewart and Cha. M Morris as assistant secretary in Philadelphia. 4 detailed vignettes, brown 25c IR stamp in top right, hand cancelled. Black print and border on beige paper by Bald Cousland & Co. Signed on back by Allen, endorsed to Mr. Millward on May 10, 1864. Brown 25c IR stamp attached and canceled by stamp. According to mindat.org: "The Connecticut Mining Company was organized in 1853 and mining began shortly after. The mine worked the Connecticut Fissure, a series of 2 parallel veins approximately 200 feet apart. The veins were similar in nature; fine prehnite and quartz set in a coarse calcite. Copper was discovered in the veins and the Company drove 3 shafts along the veins in hopes of finding more copper; however, very little copper was found after the initial strike. Between 1853 and 1856, 116,800 pounds of copper was recovered. Beginning in 1857, the mine was worked on tribute until 1860 when the Amygdaloid Copper Company took control. In 1864 the Eagle Harbor Mining Company took control and split the lands up into 3 separate strips of land to organize 3 new companies. Today, the mine piles are known to produce datolite with translucent interiors, a prized find. Very rare Certificate! Not listed in "Michigan Copper Mining Stock and Bonds" by L. Degood. Herzog Collection. Delaware, Keweenaw County Michigan Herzog Collection