4563

Ore Knob Copper Company Stock - Rare

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Ore Knob Copper Company Stock - Rare
SOLD
50.00USDto c****o+ buyer's premium (12.50)
This item SOLD at 2018 Dec 08 @ 15:53UTC-8 : PST/AKDT
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size of the package(s). NOTE: Some shipments (of unusual size, dimension, or weight) may require sp...
# 754 for 100 shares to Kummus & Becker. Signed by SD Smith and president John Wil(?). Dateline 1883. Incorporated in North Carolina in 1881. Brown on white. Mill scene vignette. CG Crawford printer. Not cancelled. No edge, corner, pinhole or discoloration issues! Two vertical folds. The Ore Knob Copper Mine in Ashe County was first conceived in the spring of 1854. Lillard managed the original opening of the Ore Knob Copper Mine in 1855, when "four shafts were sunk on the property to depths of 90, 40, 30 and 40 feet and enough ore that assayed 19 percent copper was mined to make a profit of $9,400." But the distance of 63 miles over "poor mountain roads" to the nearest railroad prevented the mine from being profitable, and it was closed in 1856. S. S. and J. E. Clayton of Baltimore reopened the mine in 1873, and that July "about 1,400 tons of ore" were raised, "averaging more than 25 percent of copper." Other periods of operation included 1896, 1913, 1917-18, 1927, 1942-43, and 1953-62, when the mine was "completely worked out" and abandoned. [Encyclopedia of North Carolina by Powell] Prag Collection State: North Carolina City: Ashe County Date: 1883 HWAC# 81940