4192

Santa Rita Copper & Iron Co. Stock Certificate [129702]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 300.00 USD
Santa Rita Copper & Iron Co. Stock Certificate  [129702]
SHIPPING & HANDLING: Shipping is subject to a minimum charge of $19.00. Shipping and handling cannot be estimated prior to invoicing as it is based on the size and weight of your purchase. Additional shipping and handling costs, if required, will be re-invoiced 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.SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size a...
Issued by The Santa Rita Copper and Iron Company to C.A. Alden for 500 shares at $50 per. It's signed by H.W. Wesson, secretary and N. Whitney, president. There is a hard rock miners' vignette and it's dated February 10, 1882. Please see photos for more detail and condition. The Santa Rita district was one of the oldest mining districts in the west and ranks next to the Lake Superior district of Michigan as the earliest known copper district within the territories included in the United States. According to J.P. Whitney, croppings of native copper were discovered by an Apache Indian in the later 18th century. After the find was reported to Colonel Carrasco of the Spanish army, a contract was made to supply copper for the Mexican coinage (Likely about 4,000,000 lbs. annually). In 1897, the Hearst family took a lease on the properties to supply sulphide ores to its smelter in Silver City. Through 1904, the total production of the Santa Rita mines was estimated at 80 million lbs. (USGS, Prof. Paper Issue 68, Ore Deposits of New Mexico, p. 306)

Date: 1882
Country (if not USA):
State: New Mexico
City: Santa Rita
Provenance: