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Rosario Silver Mining Company Stock Certificate (88018)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 700.00 USD
Rosario Silver Mining Company Stock Certificate  (88018)
SOLD
200.00USDto A***g+ buyer's premium (50.00)
This item SOLD at 2019 Jan 26 @ 13:39UTC-8 : PST/AKDT
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Second Mortgage Bond. (The stock certificates are more prevalent!) All four coupons attached. Very early date! Signed by John Moore, GA Persicanis(?) and RA Sinclair. Excellent condition. The property is located about 7 miles west of Patagonia and 1 ½ miles northwest of the Salero Mine in the old Aztec District, which later became known as the Tyndall District. The mine was worked by Mexicans or Spaniards in the 1700s–1800s and is one of the early mines discussed by Lenon and others in their papers in the Mining History of Arizona by Canty (3 vols.). It was financed by some of Heintzelman’s and Colt’s associates in New York. Here, northwest quartz veins cutting diorite were mined (mostly prospected) for gold and silver for decades, even though by 1900 there were still less than 1000 feet of underground workings. The ore was reported to average about $25 per ton, which might be why it was merely in an advanced stage of prospecting, when Schrader wrote Mineral Deposits of the Santa Rita and Patagonia Mountains for the USGS in 1915. This company is not related to Rosario, Mexico [Garbani). [Prag Collection] State: Arizona City: Santa Cruz, Tyndall Date: 1870