£50 - £60
U.S.A.: Calumet Silver Mining and Milling Company, $10 shares, 188[8], #48, miners underground, brown. Incorporated in 1888 in Illinois with offices in East St.Louis. We cannot be 100% sure but all evidence points to the location near Silver City, New Mexico and not Colorado which has been mooted by others. The well known Calumet Silver Mine in Pinos Altos County was stated to have been founded in 1891 but this does not preclude similarly named companies. VF.
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