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McCrackin Consolidated Mining Co. Stock Certificate (116125)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 150.00 USD
McCrackin Consolidated Mining Co. Stock Certificate  (116125)
SOLD
60.00USDto d*******f+ (15.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Apr 17 @ 14:57UTC-7 : PDT/MST
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Location printed in the upper right: Owen Mining District, Mohave Co., Arizona. No. 581, issued for 20 shares to Hosmer & Bourne on Jan. 29th, 1878 in San Francisco. Signed by the president E. Casserly and secretary H. Aug. Whiting. Not cancelled. Lith. Britton, Rey & Co. Folds, pinholes, toning. 4 x 8.5" Eugene Casserly was a journalist, lawyer, and U.S. Senator from California. The mine was discovered by Jackson McCracken (notice slight spelling difference) in 1874. Located twelve miles from Greenwood, six miles north from Bill Williams Fork. Owned three claims: the Alta, Senator, and Palmetto, on the crest of a mountain. In 1879, it was reported as having a shaft 365 ft. deep, and the vein explored with many tunnels. The ore is described as "earthy, oxidized ore, dry and friable, easily mined and milled." Assays run from $25-70 per ton. Weekly ore extraction is 600 tons. They also have a 20 stamp mill. The mine is described favorably and promising. [Ref: United States Annual Mining Review and Stock Ledger, 1879, pg 217]

Provenance:
Country (if not USA):
State: Arizona
City/County: Mohave County, Owen Mining District
Date: 1878