Tonopah Extension Mines..gold Silver Stock Certificate


Tonopah Extension Mines..gold  Silver Stock Certificate

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Tonopah Extension Mines..gold Silver Stock Certificate:
$14


TONOPAH WAS ONE OF SOUTHERN NEVADA'S MOST PROSPEROUS MINING COMMUNITIES, DRAWING HUNDREDS OF PROSPECTORS FROM ITS FOUNDING IN 1900. SILVER WAS FIRST DISCOVERED ON MAY 19, 1900. IN 1901 SEVERAL MINING COMPANIES OPENED INCLUDING THE TONOPAH EXTENSION MINING COMPANY. IN JANUARY THE MINING CAMP HAD A POPULATION OF 40, INCLUDING 3 WOMEN. BY SPRINGTIME, THE POPULATION ROSE TO 250. THAT SUMMER, TONOPAH'S POPULATION REACHED 650. BY THE END OF 1903, TONOPAH'S POPULATION SURGED TO 3,000. WITH SEVERAL PROFITABLE SILVER AND GOLD STRIKES, PRODUCTION BOOMED AND MINING STOCKS LISTED ON THE SAN FRANCISCO STOCK EXCHANGE SINCE APRIL SOARED. A BUILDING BOOM FOLLOWED THE MINING BOOM. THERE WERE THIRTY-TWO SALOONS, SIX FARO GAMES, TWO DANCE HALLS, TWO WEEKLY NEWSPAPERS, SEVERAL MERCANTILE STORES, AND TWO CHURCHES BUILT BEFORE 1904. IN MAY OF 1905, THE NYE COUNTY SEAT WAS MOVED FROM BELMONT TO TONOPAH. IN 1912 THE DAILY WAGE FOR A MINING MACHINE OPERATOR AVERAGED $4.50 TO $5.50 PER SHIFT. THE FOLLOWING YEAR WAS TONOPAH'S MOST PROFITABLE: ANNUAL PRODUCTION IN GOLD, SILVER, COPPER AND LEAD WAS VALUED AT $10 MILLION. BETWEEN THE END OF WORLD WAR I AND THE GREAT DEPRESSION THE TONOPAH EXTENSION MINE WAS ONE OF FOUR MINES THAT REMAINED ACTIVE. IN 1921 THERE WERE TWENTY-FIVE PRINCIPLE SILVER MINES OPERATING IN THE UNITED STATES. TONOPAH HAD FOUR OF THEM INCLUDING THE TONOPAH EXTENSION MINING COMPANY. TONOPAH WAS THE NATIONS SECOND HIGHEST PRODUCER OF GOLD. IN 1942 A LARGE FIRE CLOSED THE TONOPAH EXTENSION MILL, THUS ENDING ITS PROFITABLE RUN. THE TOTAL PRODUCTION OF TONOPAH'S MINES OVER ITS FORTY YEARS OF PRODUCTION IS ESTIMATED AT OVER $150 MILLION (GOLD WAS SELLING AT UNDER $30.00 PER OZ.). IN THE WORDS OF NEVADA HISTORIAN STANLEY PAHER, "VIRGINIA CITY HAD PUT NEVADA ON THE MAP; TONOPAH KEPT IT THERE." STOCK CERTIFICATES ARE NEW, NEVER ISSUED OR CIRCULATED, UNDAMAGED. THEY MEASURE 7 7/8" X 11 3/8" AND ARE PRINTED ON LIGHT PARCHMENT TYPE PAPER. DATE OF ISSUE APRIL 2, 1929. YOUR CERTIFICATE WILL HAVE A DIFFERENT NUMBER THAN THE ONE SHOWN IN THE PICTURE. PERFECT FOR FRAMING. A RARE FIND. COLLECTOR ITEM, NOT AN ACTIVE STOCK, NO DOLLAR VALUE.

Tonopah Extension Mines..gold Silver Stock Certificate:
$14

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