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American Basin Gold and Silver Mining Company (Later Version) (86129)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:250.00 USD Estimated At:500.00 - 1,000.00 USD
American Basin Gold and Silver Mining Company (Later Version)  (86129)
SOLD
300.00USD+ (75.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Jan 27 @ 10:13UTC-8 : PST/AKDT
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This mine was located very early on June 12, 1861. Incorporated March 11, 1863 and datelined Virginia, N. T. 1863. 920 for 10 shares to SC Hayden. Signed by AM Briggs and president FJ Schneider. 25c Power of Att'y revenue stamp. Not cancelled. Eagle vignette. also portrait of unknown man. Britton & Co printer. On dog ear and one pin hole. Very nice cert. In October of 1862 the San Francisco Call reported that the American Basin mine of Star District in Humboldt County had sent a small quantity of silver ore for assay. 100 pounds of ore yielded a silver brick weighing 15.10 ounces, .986 fine worth $19.25. Other nicer specimens have been received from nearby ledges. The ledges are named the Sheba, Ben Franklin, Alamo, Homer, Yellow Jacket and Honey Bee. (Which are also printed on the stock certificate.) The article states that this area is destined to rival the silver field in the vicinity of Virginia City. In 1863 American Basin stock was selling in Virginia City. Located on the east slope of the northern Humboldt Range, generally between Tehama Canyon and Coyote Canyon. The original Star district was confined to the region drained by Star Canyon. Prag Collection State: Nevada City: Star District Date: 1861 (1863)