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new Pilgrim Consolidated Mining Co. - 1899 dated Cripple Creek, Colorado Mining Stock Certificate

Inv# MS3675   Stock
New Item!
State(s): Colorado
Years: 1899
Color: Green and Black

Mining Stock with dark green seal and for 1,000 shares! Mines at Cripple Creek, Colorado.

The Pilgrim Consolidated Mining Company, an active participant in the renowned Cripple Creek Mining District in Teller County, Colorado, operated around the turn of the 20th century. Established during the height of the gold rush, the company was known for developing several shafts, with its primary operations extending to depths of approximately 150 and 200 feet. The company held about 12.5 acres of patented land within the district and was capitalized at $1,250,000, with its stock listed on the Colorado Springs exchange.

Led by prominent figures such as President and Treasurer E.P. Shove, Vice-President J.P. Curtis, and Secretary Sherwood Aldrich, the Pilgrim Consolidated Mining Company embodied the consolidation of smaller claims, a common practice during the era’s industrialization. Records from 1910 reveal that the company employed a complete hoisting plant and achieved a total production of approximately $25,000. While it may not have been among the largest producers like the Portland or Independence mines, the Pilgrim Consolidated Mining Company played a significant role in the Cripple Creek region’s immense and sustained gold output during its prosperous years.

Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $66.00