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Crater Mining Company Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Crater Mining Company Stock Certificate
SOLD
325.00USD+ (81.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Jun 23 @ 12:16UTC-7 : PDT/MST
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Extra rare, one of the first five stock certificates issued. Included is a brochure about the Meteor Crater of Arizona. Certificate issued January 27, 1920, cancelled. This company undoubtedly took its name from what is now called Meteor Crater near Flagstaff, AZ. The property was quickly taken control of by the U.S.S.R. & Exploration Co. Whether the company actually explored the crater for meteoritic material is unknown to us, but is suggested in a note in the 1931 Mines Handbook (p.369), in its report on Barringer’s Meteor Crater Exploration and Mining Co, organized in 1925 that, “The ground had previously been operated by the probably defunct Meteor (sic—should read Crater) MC, a subsidiary of United States Smelting, Refining & Mining Co….” Under USSR & M Co.’s entry in this same volume of the Mines Handbook, the Crater Mining Co., not the Meteor Mining Co., is listed among its holdings. Norton makes no mention of the Crater Mining Company.[Mines Handbook, 1925, p. 150, 369],[1998, Rocks from Space]. Date: 1920 Location: Canyon Diablo, Arizona HWAC# 63249