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Silver Queen Mining Company Stock Certificate [135800]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Silver Queen Mining Company Stock Certificate  [135800]
SOLD
160.00USD+ (40.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Oct 31 @ 09:58UTC-7 : PDT/MST
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Cert number 1264 for 100 shares issued to P.S. Swain in 1884. Signed by Swain as secretary and president illegible. Printed by Badeau in NY. "Pioneer District, Pinal Co, Arizona T." The Silver Queen was the first deep shaft sunk of the famous Magma Mine. The Magma vein was discovered in 1874-5. The first mine in the district was the Silver King, located 2 miles north on the magma Vein. By 1833, the Silver King had paid more than $1.3 million in dividends, ranking it with the best mine at Tombstone. The Silver Queen, meanwhile, was shipping 1000 tons of ore annually, according to Burchard in 1883. Mining continued through about 1893, though records are scant. In 1910 the Silver Queen was optioned by William Boyce Thompson, an experienced mining man, who thought well of the property and with his investors and partners organized the Magma Mining Co. The company is still in existence today and has mined more than a billion pounds of copper from the Silver Queen and Surrounding area since 1910.

Date: 1884
Country (if not USA):
State: Arizona
City: Pioneer
Provenance: