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Gunsight Mining Company Stock Certificate [129853]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 200.00 USD
Gunsight Mining Company Stock Certificate  [129853]
SOLD
75.00USD+ (18.75) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Feb 11 @ 16:11UTC-8 : PST/AKDT
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Pima Co., Arizona (printed under title). Inc. in New Jersey. No. 192, issued for 1,200 shares to M.J. Dohan on Feb. 16th, 1883 in Camden. Signed by president Baker and treasurer Matthews. Not cancelled. Very ornate black border and print with green underprint design. Fancy logo and vignette of miners with headlamps. Folds, one spindle hole on the left side. Very nice. 7 x 11" This mine was located at the north end of the Ajo Mountains. The district was protected the the 1860's, but it wasn't until this mine began operations that the district actually produced. The Gunsight was the major producer when high-grade silver ore was discovered. The story is told that the Gunsight Mine was discovered by prospectors in November 1878 and so-named because the nearby mountain looked like a gunsight. Soon the miners came for the rich silver ore and Gunsight camp was established. The Post Office was established in 1892, and at that time the mine was producing under the aegis of the Silver Gert Mining Company. There were 8 buildings at the site and 40 employees. The vein was over 4 feet wide, reached by a 340 foot shaft. It was the richest mine in the district. By 1896 the Post Office closed. [Ref: Mines Register, 1922]. [Garbani]

Date: 1883
Country (if not USA):
State: Arizona
City: Pima County
Provenance: Fred Holabird Collection