[2006]
Silver Mine
| Location: | Park City, 50km south of Salt Lake City. |
| Open: |
All year Mon-Sat 10-19, Sun 12-18. [2006] |
| Fee: | |
| Classification: |
Silver Mine
|
| Light: | |
| Dimension: | |
| Guided tours: | |
| Bibliography: | |
| Address: |
Park City Historical Society & Museum (PCHS), 528 Main Street / P.O. Box 555, Park City, Utah 84060, Tel: +1-435-6159559.
E-mail: |
| Last update: | $Date: 2008/07/01 20:31:55 $ |
| 1868 | silver discovered in the mountains of Park City. | |
| 1870 | first lead-silver mines established. | |
| 1929 | mining prices started to decline during the Great Depression. | |
| 1981 | last mine closed. |
Silver King Mine Exhibit is a museum with a replica of the famous Silver King Mine. The story of this mine is really strange, and shows how close failure and success are in the mining business.
This mine was already operational and also successfull, when Solomon Spiro built an adit. He was a German Jewish emigrant who came to Park City in 1894. Working at his uncle's mercantile store, he saved some money and invested it in local mines. He planned an adit to drain water and facilitate the movement of ore out of the mines. But the project was ill-fated and so he sold the tunnel to the nearby Silver King Mine. Soon after the purchase, the new owner discovered a silver lode in this adit, yielding three million dollars worth of high grade silver.
The Silver King Mine became the premier mine in this area, and Solomon Spiro's name became known as synonym for a fortune missed. The owners of Silver King, the partners Thomas Kearns, David Keith, James Ivers, and A.B. Emery accumulated an enormous amount of wealth.
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