5205

Gunsight Mining Company Stock (77010)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Gunsight Mining Company Stock  (77010)
SOLD
60.00USDto b*****s+ buyer's premium (15.00)
This item SOLD at 2019 Mar 11 @ 10:25UTC-7 : PDT/MST
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# 870. Issued for 250 shares to Mrs MJ Dohan on February 15, 1883 in Camden, New Jersey. Located in Pima County, Arizona (printed underneath logo). Signed by I.B. Baker, president, and Geo. Matthews, treasurer. Not cancelled. Floral border, yellow safety print. Vignette of a group of miners working underground. Printed by Theo. Learnhardt & Son, Philadelphia. Pin holes on left. Very small spot on bottom center. Very nice! Discovered in 1878. The mine's name comes from a legend of its discovery that one of the men who found it whittled a sight to his rifle from a piece of pure silver he found. The company had three mines: the Gunsight, the Silver Girt, and the Eastern. They also operated a mill that could process 48 tons a day. In 1883, the Gunsight was reported to have a 240 foot shaft reaching an ore zone 31 feet wide, $60 a ton. The Silver Girt had a 380 foot shaft that struck a 7 foot ore zone averaging $23 per ton. [Holabird auctions] Prag Collection

Date: 1883
City/County: Pima County
State: Arizona