 As its builder had intended, it occupied the most commanding location in the city.Three years after its completion, in 1892, Wheeler sold the hotel to a Denver man named Archie Fisk for $125,000 ($ in modern dollars) as part of a general liquidation of his Aspen assets after losing a lengthy lawsuit over a mining deal.The next year, in response to the Panic of 1893, Congress repealed the Sherman Silver Purchase Act, ending the Colorado Silver Boom and with it Aspen's early boom years.