$16.00 USD
– Sold Out| /
Sign on two sides of building ‘THE CANADIAN BANK OF COMMERCE’
Labeled at bottom ‘CANADIAN BANK=OF COMMERCE COBALT, CANADA 3833’
Publisher name on back ‘Warwick Bro’s & Rutter, Limited, Printers, Toronto’.
Sent to “Mrs Samuel Hagee Chemainus B.C.’'
Written message on back “Dear Sister, What do you think of our Bank. We have 4 Banks. What do you think of that for a town 2 years old. Yours lovingly Abbie love to all"
Crease LR corner. Light smudges on back.
(Red text is an electronic watermark that is not physically part of the card for sale)
The Cobalt silver rush started in 1903 when huge veins of silver were discovered by workers on the Temiskaming and Northern Ontario Railway (T&NO) near the Mile 103 post. By 1905 a full-scale silver rush was underway, and the town of Cobalt, Ontario sprang up to serve as its hub. By 1908 Cobalt produced 9% of the world's silver, and in 1911 produced 31,507,791 ounces of silver. However, the good ore ran out fairly rapidly, and most of the mines were closed by the 1930s. There were several small revivals over the years, notably in World War II and again in the 1950s, but both petered out and today there is no active mining in the area. In total, the Cobalt area mines produced 460 million ounces of silver.
WIKIPEDIA
