$10 1915 Kelvin-Sultana Copper Company Ore Production Obsolete Currency Note
$10 1915 Kelvin-Sultana Copper Company Ore Production Obsolete Currency Note

$10 1915 Kelvin-Sultana Copper Company Ore Production Obsolete Currency Note

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Sale price
$25.49

$10 1915 Kelvin-Sultana Ore Production Note!



Up for auction is a $10 1915 Kelvin-Sultana Ore Production Note
.  These notes were issued in 1915 by the Kelvin-Sultana Copper Company.  This note is dated March 26, 1915.  The company owned a number of claims in Mexico although the primary property was located in Arizona. The composition of the raw ore was 6% copper, 15% iron and 4 ounces silver per ton. Unfortunately the company's projections were never met rendering these 7% ore production notes valueless. The additional option of converting them in to stock at 20¢ a share was equally problematic. Regardless of how the issuance all played out, these are great obsolete notes from a time and era well past.  This note also has a $.02 stamp attached on it as well.  This bill is a must have for any collector of Obsolete Currency!

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