The E-Sylum:  Volume 8, Number 47, November 5, 2005, Article 24

VERA CRUZ MINE AND THE U.S. MINT

Roger deWardt Lane writes: "In my papers I found an old
letter dated Nov 27, 1907 from the Manager of the Vera Cruz
Mining Co., Nogal, New Mexico promoting the offer of some
shares to a Mr. Cole in Michigan. The envelope has a
Washington 2 Cent red stamp.

Two paragraphs in the letter stand out - "You understand our
product being gold, financial depressions and fluctuations in
markets has no effect on us whatever, the price remaining the
same from year to year."

"I am also pleased to tell you that we have received returns
from the U.S. Mint for our first shipment of bullion, which
was very satisfactory indeed, and convinces me without a
doubt that this proposition is even better than we at first
anticipated."

The internet gave me a little history of a different take -
"Vera Cruz was the name of a gold mine on the west side
of the Tucson Mountains more than it was the name of a
community. Although an organized townsite was proposed,
it never existed beyond the post office stage and then for
only two years. The mine was closed after it was discovered
the gold deposits were of too low a grade. Only the dump
of the Vera Cruz Mine is seen today, high in the Tucson
Mountains as one drives the highway between Carrizozo
and Lincoln. "

The mine was working during 1907 as there is another
Internet family reference to a man who worked there
during this period.

I can't find much else except the names of some officers
years later when the company name was changed to the
Vera Cruz Consolidated Gold and Silver Mining Company."

[Perhaps some of the gold from this mine found its way into
the new Saint-Gaudens coinage of 1907. -Editor]

  Wayne Homren, Editor

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