An increasing supply of tin – initially from Malaysia, Banka Island, and Sumatra, and in the 1870s onwards from Australia – along with a fall in demand for tinplate in the American market, caused the price of tin to fall, causing many Cornish mines to close. The managers decided in January 1883 to stop the Botallack and Crowns engines, because the number of men employed below ground was not sufficient to meet the costs of keeping the engines going. On 2 October 1883 the recently renewed setts, which extended over – comprising Wheal Cock, the Crowns, Carnyorth and Higher Mine – were put up for auction as a ″going concern.″ It included four pumping and three winding engines, two steam stamps, plus other appliances. At the auction it was stated that the mine ″... only needs from £20,000 to £25,000 to be put in good working order, ...″ There were no bids for the mine.