5651

Bessemer Con. Iron Stock #80768

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Bessemer Con. Iron Stock  #80768
SOLD
50.00USD+ (12.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Dec 09 @ 15:31UTC-8 : PST/AKDT
SHIPPING & HANDLING: Shipping is subject to a minimum charge of $19.00. Shipping and handling cannot be estimated prior to invoicing as it is based on the size and weight of your purchase. Additional shipping and handling costs, if required, will be re-invoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size.
I/U #4 Alan Maconochie 5 shares 1887. Signed by President John E Burton who was involved in the Gogebic Range in northern Wisconsin. "Overall, John Burton was a small-scale iron baron who entered the market at the wrong time. His vision was to be a success on a small scale, while the nation was looking to the start of corporations to supply large-scale needs. Burton though not successful as an iron baron, still played an integral part in shaping the history of northern Wisconsin. His direct participation in the iron mines brought new wealth and publicity to the previously unexplored northern Wisconsin. Though he was an important investor, he was also an insurance salesman, family man, and traveler. Burton played a part in many people’s lives, including his clients, friends, and family. Despite his monetary downfall at the end of the first two years, the short boom and bust of the industry created a niche for long term legitimate mining to continue and grow in the Gogebic Range." from inds.wisconsin.edu. Creases, curled top and back ink stains. State: Wisconsin City: Date: 1887