{"product_id":"1-4429-ozt-cobalt-60th-anniv-999-silver","title":"1.4429 ozt Cobalt 60th Anniv. 999 Silver","description":"\u003cp\u003e\u003cspan style=\"font-size: 0.875rem;\"\u003eMaterial and Origin: The medal is struck from .999 pure silver, mined and refined in Cobalt, Canada, which was known as the \"Richest Silver Camp in the World\". \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003eProduction: The medal states that over five hundred million ounces of silver were produced from the Cobalt area to date (as of 1963). Historically, the Cobalt mining district produced 460 million ounces of silver in total. \u003c\/p\u003e\n\u003cp\u003eThis is a 1963 Cobalt, Ontario, 60th Anniversary .999 silver medallion, commemorating the period from 1903 to 1963. \u003c\/p\u003e\n\u003cp\u003eCobalt experienced a major silver rush starting in 1903, which led to the town's growth and significant silver production.\u003c\/p\u003e\n\u003cp\u003e\"Key to the North\": The phrase \"Key to the North\" reflects Cobalt's importance as a gateway and catalyst for further mineral exploration and development in Northern Ontario, leading to discoveries in places like Kirkland Lake and Timmins. \u003c\/p\u003e\n\u003cp\u003eCobalt, Ontario, is known as the \"birthplace of Canadian hard rock mining,\" where a silver boom in 1903 transformed the area into a major mining center, eventually becoming the silver capital of the world and contributing significantly to the development of the Canadian mining and financial industries. After the silver mines declined in the 1930s, the town faced hardship, but it remains a National Historic Site with a future focused on tourism, leveraging its rich history and unique landscape for visitors. \u003c\/p\u003e\n\u003cp\u003eThe Rise of the Silver Capital\u003c\/p\u003e\n\u003cp\u003eDiscovery:\u003cbr\u003eIn 1903, lumberjacks Ernest Darragh and James McKinley discovered a silver vein while preparing timbers for the Temiskaming and Northern Ontario Railway. \u003c\/p\u003e\n\u003cp\u003eBoom Town:\u003cbr\u003eThis discovery led to a mining rush, and by 1910, the Cobalt district was the fourth-largest silver producer in the world, yielding 460 million ounces of silver in total. \u003c\/p\u003e\n\u003cp\u003eEconomic Impact:\u003cbr\u003eThe prosperity from silver mining fueled the development of the mining and financial sectors across Canada, with professionals and capital from Cobalt expanding into other regions like Quebec and Ontario. \u003c\/p\u003e\n\u003cp\u003eDecline and Legacy\u003c\/p\u003e\n\u003cp\u003eShifting Focus:\u003cbr\u003eBy the 1930s, the easily accessible surface ore was depleted, and declining silver prices made operations less profitable. \u003c\/p\u003e\n\u003cp\u003eShift to Gold:\u003cbr\u003eMany skilled workers and capital moved to areas with more lucrative gold deposits, such as Kirkland Lake and Porcupine, leaving Cobalt to become a depressed region. \u003c\/p\u003e\n\u003cp\u003eModern-Day Cobalt:\u003cbr\u003eDesignated Ontario's Most Historic Town and a Parks Canada National Historic Site, Cobalt now focuses on tourism, with attractions like the Cobalt Northern Ontario Mining Museum and the annual Miners' Festival. \u003c\/p\u003e\n\u003cp\u003eKey Landmarks\u003c\/p\u003e\n\u003cp\u003eCobalt Mining District National Historic Site:\u003cbr\u003eVisitors can explore the landscape, which still shows remnants of mining operations, including open-cuts, headframes, and rockpiles. \u003c\/p\u003e\n\u003cp\u003eHeritage Silver Trail:\u003cbr\u003eThis trail allows visitors to discover historic mining sites, including the Glory Hole, an open-pit mine filled with water. \u003c\/p\u003e\n\u003cp\u003eContent: 44.88 grams of .999 fine silver\u003c\/p\u003e\n\u003cp\u003eMint: Wellings Mint, Toronto\u003c\/p\u003e\n\u003cp\u003eWeight: 44.88 g or 1.44292 ozt fine siver\u003c\/p\u003e\n\u003cp\u003eDiameter: 40 mm\u003c\/p\u003e\n\u003cp\u003eThickness: 4 mm\u003c\/p\u003e\n\u003cp\u003ePurity: 99.9%\u003c\/p\u003e\n\u003cp\u003eYear: 1963\u003c\/p\u003e","brand":"Northshore Gold and Silver","offers":[{"title":"Default Title","offer_id":47423628083448,"sku":"Y113","price":209.7,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0769\/8261\/6312\/files\/Y113a.png?v=1763083464","url":"https:\/\/northshoregoldandsilver.com\/products\/1-4429-ozt-cobalt-60th-anniv-999-silver","provider":"Northshore Gold and Silver","version":"1.0","type":"link"}