Globe Copper Mining Company Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 300.00 USD
Globe Copper Mining Company Stock Certificate
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This item SOLD at 2018 Mar 16 @ 14:18UTC-7 : PDT/MST
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Early Arizona certificate. Number 278 for 100 shares to James Hilts. Signed by ML Earl and William M Leeds. Underground mining vignette. Three vertical folds and some wrinkling. Two corners dogeared. Overall in nice condition. No rips or tears or even pinholes. "The Globe Copper Mining Company owns a claim called the Washington and it only commenced sinking last week. This claim derives its chief value from its proximity to the Chicago claim owned by the Old Dominion Company as it appears to be a feeder to this main ledge. The croppings are of like character and an open cut shows a good width of ledge matter. It is impossible to judge at this stage of operations what the prospects are for this mine, but the indications seem to justify development. This comprises all the copper properties in Globe District which are working, unless it be prospects owned by individuals and not yet in condition for marketing. There are several such, but it is not well for the owners or the public to magnify them into mines and they need not have any depressing effect on the copper market. To summarize the Globe District is the only place in the territory outside of the Clifton and Bisbee (Copper Queen), etc. where the developments in copper are sufficient to excite any special interest. And here there is but one smelter in process of erection Besides this the Old Dominion Company has two on the way which will probably be running in September." [Engineering and Mining Journal, Volume 32, August, 1881 ] (Laguna Collection) Date: 1882 Location: Globe, Arizona HWAC# 59580