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Salero Mining & Manufacturing Company Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:40.00 USD Estimated At:80.00 - 120.00 USD
Salero Mining & Manufacturing Company Stock Certificate
SOLD
70.00USD+ (17.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 May 07 @ 11:21UTC-7 : PDT/MST
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Printed by John H. Duychinck, NY. Uncancelled. Vignette top center of a stagecoach in rugged terrain in Sonoran desert and at left portrait of Henry Wells, of Wells-Fargo & Co. and the American Express Co.,the first president of the Salero. Number 2135. Unused. Very nice Condition.



The Salero Mining Company was one of the earliest mining companies organized to exploit Arizona’s mineral wealth. The company was organized by William Wrightson of the Cincinnati Enquirer, but such notables as H. C. Grosvenor, an English mining engineer, Gilbert Hopkins, mineralogist and engineer, Raphael Pumpelly, geologist, engineer, author and later professor at Harvard, were associated with the company. It was headquartered in Tubac from 1858 to 1861 (Hinton, 1878, p. 197). The Salero mine was worked by the Spanish and Mexicans before 1800, as one of the first mines on record in Arizona. It was located on the Arivaca Ranch, which contained a number of good silver mines worked since at least 1750. While production was noted throughout the historical record, there are no definitive statistics available on the amounts of silver taken from the Salero or other Arivaca mines near Tubac and Santa Rita. An excellent discussion of the early mining period is given in both Bancroft’s History of Arizona (1889) and by James Officer in History of Mining in Arizona Volume II and John Lacy in Volume I.

(Laguna Collection) HWAC# 62273 Date: c1875 Location: Pima, Arivaca, Arizona