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Mine Certificate
Posted by Don Finch
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Don Finch
Mine Certificate December 22, 2003 03:14PM |
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cathy eierstedt
Re: Mine Certificate August 04, 2012 10:31PM |
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Re: Mine Certificate August 05, 2012 02:24AM |
Registered: 7 years ago Posts: 8,495 |
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Re: Mine Certificate August 05, 2012 10:53AM |
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Registered: 7 years ago Posts: 10,075 |
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Re: Mine Certificate August 05, 2012 01:52PM |
Registered: 1 year ago Posts: 451 |
Mining stock certificates (along with other company stock certificates) may indeed have considerable value.
In 1974 I was a deputy coroner in Spokane county, Washington. I was called to the apartment of an elderly Japanese-American woman who died a natural death and lived alone without any close relatives. As coroner, I had the duty to hold all the deceased's valuables until they could be claimed by legitimate heirs. Amongst the lady's papers was a mining stock certificate for 30,000 shares of Midnite Mines. They had been purchased in the early 1950's for 10 cents a share. Midnite Mines became a large uranium mining concern (see the collectible mineral AUTINITE from the Day Break Mine, Spokane County, Washington). Her 30,000 shares had never been cashed in and I looked them up on the mining stock exchange which was active in those days in Spokane. The shares were worth a bit over $10 dollars/share at the time of her death. You do the math......... CHEERS.........BOB
In 1974 I was a deputy coroner in Spokane county, Washington. I was called to the apartment of an elderly Japanese-American woman who died a natural death and lived alone without any close relatives. As coroner, I had the duty to hold all the deceased's valuables until they could be claimed by legitimate heirs. Amongst the lady's papers was a mining stock certificate for 30,000 shares of Midnite Mines. They had been purchased in the early 1950's for 10 cents a share. Midnite Mines became a large uranium mining concern (see the collectible mineral AUTINITE from the Day Break Mine, Spokane County, Washington). Her 30,000 shares had never been cashed in and I looked them up on the mining stock exchange which was active in those days in Spokane. The shares were worth a bit over $10 dollars/share at the time of her death. You do the math......... CHEERS.........BOB
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Re: Mine Certificate August 05, 2012 02:07PM |
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Registered: 7 years ago Posts: 8,373 |
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Re: Mine Certificate August 05, 2012 02:59PM |
Registered: 1 year ago Posts: 451 |
YEP !!! I agree with you Jolyon. After that situation, I became "aware" of mining and old railroad stock certificates. When out and about, my wife and I would look for them; they actually were quite common out there at that time. They were collected for their elaborate engraving and interesting company names. As you mentioned, after that all that I ever saw in the shops and fairs had been redeemed as noted by large perforated or stamped "notices of redemption". See you in Denver.............BOB
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