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The Gunsight Mining Company Stock Certificate, 1883, Arizona Territory

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:85.00 USD Estimated At:200.00 - 400.00 USD
The Gunsight Mining Company Stock Certificate, 1883, Arizona Territory
SOLD
150.00USD+ (37.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 16 @ 14:44UTC-7 : PDT/MST
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No. 806. Issued for 234 shares to Thomas S. Willbank on April 2nd, 1883 in Camden, New Jersey. Located in Pima County, Arizona (printed underneath logo). Signed by I.B. Baker, president, and Geo. Matthews, treasurer. Not cancelled. Floral border, yellow safety print. Vignette of a group of miners working underground. Printed by Theo. Learnhardt & Son, Philadelphia. Deep folds, small tear along edges. Discovered in 1878. The mine's name comes from a legend of its discovery that one of the men who found it whittled a sight to his rifle from a piece of pure silver he found. The company had three mines: the Gunsight, the Silver Girt, and the Eastern. They also operated a mill that could process 48 tons a day. In 1883, the Gunsight was reported to have a 240 foot shaft reaching an ore zone 31 feet wide, $60 a ton. The Silver Girt had a 380 foot shaft that struck a 7 foot ore zone averaging $23 per ton. Date: Location: Pima County, Arizona HWAC# 60642