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Connecticut Mining Company

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 300.00 USD
Connecticut Mining Company
SOLD
110.00USD+ (27.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Dec 08 @ 12:25UTC-8 : PST/AKDT
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# 659 for 140 shares to WS Schouse. Signed by Charles M Morris and WS Stewart. Dateline Philadelphia May 9, 1864. Not cancelled. Four vignettes: mining, allegorial, blacksmith and portrait. Bald Cousland & Co printer. 25c Power of Att'y Revenue stamp on reverse. Cut unevenly on left. Holes where ink as bled through. Nicks on bottom of stock. Some light discoloration. This was an underground copper mine consisting of 3 shafts located near Delaware. The Connecticut Mine 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 prehite and quartz set in coarse calcite. Copper was discovered in the veins and the Company drove 3 additional 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 Amygdloid 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. Also from the Connecticut are copper, prehnite, thomsonite and greenstone as well. Prag Collection. There has been some discussion of this stock. We have researched the Connecticut Mining Company, and found it listed in Whitney, 1854, page 272, apparently discovered in the early 1850's or before (T58, R30, S16). It is located nearly adjacent to the Northwest Mining Co. of Michigan. Subsequent publications in 1881 show the Connecticut mine to be inactive, and the Connecticut may have become part of the Copper Falls mine "complex". Mindat shows the only mine with this name as part of the Eagle Harbor group (near the Copper Falls), but we were unable to trace the Eagle Harbor group through time to any avail. We found no mine of this name in Connecticut, or anywhere in the West. We believe this to be a Michigan mine.
The dateline and corporate stamp have cities of Philadelphia and Litchfield, respectively. It makes complete sense to us that the company was financed in Philadelphia which included investors from Litchfield. The mine itself is near Delaware, Michigan, another indication that the local region has emigrants from the CT-DE regions. Date: 1864 HWAC# 84579