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Simon Silver-Lead Mines Stock [187552]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:10.00 USD Estimated At:40.00 - 60.00 USD
Simon Silver-Lead Mines Stock [187552]
SOLD
15.00USDto 1************r+ buyer's premium (3.75)
This item SOLD at 2024 Sep 22 @ 14:08UTC-7 : PDT/MST
FINAL AUCTION RECORD The Auctioneer’s podium notes serve as the final, legally binding record of the auction results, superseding any electronic bidding records. See Terms and Conditions
1921 issued Simon Silver-Lead Mines stock. "Small amounts of silver-lead ore were discovered & shipped from this district as early 1879, but its importance didn't grow until the Simon Silver-Lead Mines Company was organized by P.A. "Pop" Simon in 1919. A post office was established on November 11 of that year, & in 1921 a 100-ton flotation mill was erected & a power line built from Hawthorne. In 1923, the mill was enlarged to 250 tons, & continued to operate until January 1927. Around this time, the mine had around 25,000 feet of underground workings. The Simon mine would continue to be operated on a smaller scale into the 1930s. In 1931, an 18 hour power failure caused pumps in the mine to fail, & the bottom levels of the mine were flooded. The mine was unwatered in 1937 by the Bryan Mining Company, but was allowed to fill back up because of a lack of funds & has since filled to the 450-foot level. Simon's post office closed on June 28, 1938 & the mill was burned by vandals in the 1990s." from nvexpeditions.com [Simon Nevada