2486

Bajazet & Golden Era Cons. Gold & Silver Mining Co. Stock (100928)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 700.00 USD
Bajazet & Golden Era Cons. Gold & Silver Mining Co. Stock  (100928)
SOLD
475.00USD+ (118.75) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 May 17 @ 14:35UTC-7 : PDT/MST
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Located Virginia N.T. (printed under title). Inc. January 1863. Dateline Virginia, N.T. April 28th, 1864. No. 1171, issued for five shares to HC Lewis. Signed by president C.J. Hutchinson and secretary F.F. Fargo. Not cancelled. Black border and print. Fancy logo and unusual vignette of Asian warrior. Printed by Britton & Co., SF. One 25 cent IR adhesive stamp attached on the right side, pen cancelled. Deep folds with some toning along foldlines, creases/bends in corners. 4 x 9.25" Hutchinson and Fargo are both listed in the 1864 Collins Comstock directory, but no HC Lewis. The company is listed with an office at 45 S. C Street. Not listed in Filer or Holabird indexes. Many of the Nevada Territorial mining companies only have little blurbs or mentions of the company in historical references and newspapers. With the Bajazet & Golden Era, we found a bigger story. A Daily Alta California (Aug. 30, 1864) article gives us a location for the mine when it notes that this company and the Potosi company miners had a heated argument with violence threatened. It escalated to a lawsuit in 1864 between the Potosi and Bajazet & Golden Era, in which the Potosi was claiming that the Bajazet did not have an independent lode, but were instead working a spur of the Potosi. Both mining companies were halted by injunctions while it was being litigated. This goes to the heart of the single lode/multi-lode theories argued at the beginning of the Comstock. The case was decided in the Potosi's favor in January 1865 and thus the Bajazet was likely absorbed by the Potosi. Eliot Lord mentions the mine in Comstock Mining & Miners when he notes early encounters and fights between mines: in 1863, the miners of the Grass Valley Company were "suddenly assailed through a drift cut as a counter mine by the Bajazette and Golden Era Company, and forced to fly to the surface" (Lord, pg. 136). It is also mentioned by Mark Twain in a letter published in the May 31st, 1868 Chicago Republican: "But where are the old familiar "adverse" claims, that used to range all the way from ten dollars to a thousand a foot in the glorious "flush times of '63?" Where is the Union? The Rovers? The White and Murphy? The Shamrock? The Bajazet and Golden Era?...Ah me, not one of these mighty treasuries of virgin silver is ever heard of now-a days, and many and many a moon has waxed and waned since they were quoted in the stock board...The "Bajazet" is absorbed, the "East India" -- that astonishing mine which was found right in the middle of C. street, and which sold at great figures, while at the same time there was a tunnel running directly under that spot which had never a sign of a quartz ledge in it!" One more fun mention of the Bajazet & Golden Era appears in the Territorial Enterprise, May 18, 1864: the company has bought the famous Austin Sanitary Flour Sack for $500. Ken Prag Collection

Date: 1864
City/County: Comstock, Virginia City
State: Nevada