2541

CC Julian, the Great Swindler, Collection (Stocks, Medal, & More) [205207]

Currency:USD Category:Collectibles / Mining Start Price:500.00 USD Estimated At:1,000.00 - 2,000.00 USD
CC Julian, the Great Swindler, Collection (Stocks, Medal, & More) [205207]
SOLD
500.00USDto 8*************e+ buyer's premium (125.00)
This item SOLD at 2025 Nov 01 @ 18:20UTC-07:00 : PDT/MST
FINAL AUCTION RECORD The Auctioneer’s podium notes serve as the final, legally binding record of the auction results, superseding any electronic bidding records. See Terms and Conditions
Chauncey C. Julian, The Great Swindler. This group covers the main swindles in which Julian was the promotor. 1) Julian Petroleum Corp., 1926 stock certificate, issued and uncancelled; and 2) a metal plate on this company removed from a 55-gallon drum, 2.5 x 3.5". 3) C. C. Julian Oil & Royalties Co., 1930 stock certificate, issued and uncancelled, some soiling, signed by Julian; 4) New Monte Cristo Mining Co., 1930 stock certificate, issued and uncancelled, signed by Julian. 5) The Julian Story, 40 pages, 9x12-inches, listing officers and describing the "crash" generated by Julian. 6) The Truth by C. C. Julian, 1923 newspaper insert touting his oil business, folds, toning. 7) C. C. Julian's Silver Medal. New Monte Cristo / (crossed pick and Shovel) / 1927 // (five stars) / (standing bear) / C. C. Julian. Silver, octagonal, high-relief, 42mm from flat to flat. Born in Canada, Julian worked odd jobs until he drifted into the "madness" of the Loa Angeles oil boom. He founded Julian Petroleum Corp. after securing an oil lease near Santa Fe Springs, California. Such was the "madness" that Julian sold $11,000,000 of stock in a few months. He also created the C. C. Julian Oil & Royalties Co. By 1926 he had secured as much money as he could on the lease, and he moved on to the California desert. He next promoted a lead mine northeast of Death Valley, and there he founded a town he called Leadfield. Julian hired a special 15-car Tonopah & Tidewater train to haul potential investors to the railroad station nearest Leadfield. The passengers were treated like royalty and given a feast to dive into. When the train left, it was filled with investors holding worthless stock certificates. On the move once more, Julian drifted to Constellation, Arizona, where in 1927 he acquired the Monte Cristo mine. He quickly began selling shares in the renamed New Monte Cristo mine, even issuing a silver medal to entice investors (see below). With the government trying to indict him for mail fraud, he jumped bail in Oklahoma and fled to China, where he committed suicide in Shanghai in 1934.

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Provenance: Douglas McDonald Collection