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McCrackin Consolidated Mining Company Stock Certificate [129851]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 250.00 USD
McCrackin Consolidated Mining Company Stock Certificate  [129851]
SOLD
160.00USDto A*****0+ buyer's premium (35.20)
This item SOLD at 2021 Feb 11 @ 16:10UTC-8 : PST/AKDT
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Location: Owen Mining District, Mohave Co., Arizona (printed at upper right). Consolidated in 1876. No. 341, issued for 250 shares to HH Allen on Dec. 7th, 1877 in San Francisco. Signed by the vice-president (JC Balinar?) and secretary H. Aug. Whiting. Not cancelled. Black border and print. Lith. Britton & Rey, SF. Pinholes, folds. 4 x 8.75" 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]

Date: 1877
Country (if not USA):
State: Arizona
City: Mohave County, Owen Mining District
Provenance: Fred Holabird Collection