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Cumberland Mining & Smelting Company Stock Certificate [113868]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 200.00 USD
Cumberland Mining & Smelting Company Stock Certificate  [113868]
SOLD
60.00USDto F****e+ buyer's premium (13.20)
This item SOLD at 2021 Feb 11 @ 17:55UTC-8 : PST/AKDT
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Very attractive. Inc. in Montana. "Castle, Montana" printed below vignette. No. 300, issued for 750 shares to E.G. Bailey in 1890. Signed by president Ash and secretary J. Anderson. Not cancelled. Black border and print, orange seal and underprint. Vignette of mines and mills on a hillside. Printed by Geo. Barnard & Co., St. Louis. Folds, curled corner, small tear on bottom left border. 8 x 11" The Castle Mountains District is located in the Castle Mountains SW of White Sulphur Springs. Initial discoveries were in the mid-1880s. Prospectors located about 1500 claims, of which 15 to 20 became significant producers of primarily lead and silver, with some copper, gold, manganese and iron. The most important, the Cumberland Mine, was the state's largest producer of lead in 1891. High transportation costs cut into mine profits, and the financial panic of 1893 dealt the final blow to the isolated district. (Roby 1950; Winters 1968; Wolle 1963).

Date: 1890
Country (if not USA):
State: Montana
City: Castle
Provenance: Stuart Mackenzie Montana Mining Collection