1522

Nacimiento Copper Bonds, 20, 1881 [194626]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 600.00 USD
Nacimiento Copper Bonds, 20, 1881 [194626]
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20 1881 Nacimiento Copper gold bonds. Mature in 1891. "The copper deposits were mined by Native Americans and Spanish miners perhaps as early as the 1500s. Larger-scale mining in the Nacimiento district did not occur until the 1880s. Copper deposits found at the Nacimiento mine are classified as sediment-hosted strata bound copper deposits, which are bodies of copper minerals found as disseminations, cement, and veinlets in bleached sandstones, siltstones, shales, and limestones within or marginal to typical thick sedimentary red-bed sequences that were deposited in stream and river environments. Similar deposits are found throughout New Mexico and are of Triassic or Permian age; the Nacimiento mine is one of the largest of these deposits in New Mexico." from geoinfo.nmt.edu/news/home.
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Date:
Country (if not USA):
State: New Mexico
City: Bernalillo county
Provenance: Ken Prag Collection

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