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Cumberland Mining and Smelting Company Stock, 1890 [130651]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 300.00 USD
Cumberland Mining and Smelting Company Stock, 1890 [130651]
SOLD
85.00USDto j*****0+ buyer's premium (18.70)
This item SOLD at 2021 Dec 18 @ 16:15UTC-8 : PST/AKDT
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# 200 for 100 shares to Albert B Merrill in 1890. Signed by secretary Anderson and president Ash. Nice vignette of four smelting buildings in front of a hill. Black on light orange. Underprint $10. A few pin holes. Bent right bottom corner. Otherwise very nice. Incorporated in 1888. Printed by Barnard of St. Louis. 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: