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Treadwell Gold Mining Company Set (77055)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 250.00 USD
Treadwell Gold Mining Company Set  (77055)
SOLD
140.00USD+ (35.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Mar 11 @ 10:13UTC-7 : PDT/MST
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Set of five. 1) Green 1890 # 14013. 12 coupons remain. 2) Blue 1930. # 9766. No coupons.3) Blue 1932 12 coupons remain. 4) Brown 1924. No coupons. # 10148. 5) Brown 1924. 12 coupons remain. Browns have 6 pence stamps on them (Canadian)) All are hole punched. On Douglas Island, across Gastineau Channel from downtown Juneau, lie the remains of what in the late 1800s was the most advanced ore processing system used by the American mining industry. On May 1, 1881, a French Canadian prospector, Pierre Joseph Erussard (“French Pete”), accompanied by local Tlingit Natives, staked the Parris (later changed to Paris) Lode Claim on the site of what is now known as the “Glory Hole.” The Treadwell Complex from 1883 to 1917 mined nearly $70 million in gold. At peak capacity in 1915, the 960 stamps of the Treadwell complex crushed 5,000 tons of rock daily – a world record at the time – with an average value of $2.50 a ton. The mine operated 24 hours a day, 7 days a week, 363 days a year employing approximately 2000 men who worked eight-hour shifts. Christmas and July 4 were the only days the mines did not operate.

Date: 1890-1932
City/County: Juneau
State: Alabama