4118

Crescent Silver Co. of Cincinnati, 1870/1, Stock [173455]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 400.00 USD
Crescent Silver Co. of Cincinnati, 1870/1, Stock    [173455]
SOLD
120.00USD+ (30.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Dec 10 @ 10:16UTC-8 : PST/AKDT

Shipping is billed separately. Pay your auction invoice early as purchases are packed in the order payments are received. Pick-up must be scheduled 24 hours in advance when you receive your shipping preference email after the auction. Invoices will go out immediately after the auction ends.

The Crescent Silver Company of Cincinnati, Stock Certificate Pair, Georgetown, Argentine District, Clear Creek County, Colorado.

1. Certificate no. 29, issued to Frank Dibbee for 100 shares at $100 each on Jan 24, 1870. Signed by president Charles Mendenhall and Secretary Thos. Biggs. Punch cancelled. Red border and print , green seal, and top center vignette of Colorado state seal. 25 cent IS IR Stamp, punch cancelled.

2. Certificate no. 38, issued to J.W. Thayer for 33 shares at $100 each on Sep 7, 1871. Signed by president C.G. Pearce and secretary Thos. Biggs. Punch Cancelled. 3 vignettes, hoisting scene(left), underground scene (top center), and Colorado state seal (bottom).
2x 25 cent US IR stamps attached, punch cancelled.

This company owned half the interest in the Stevens Lode, Argentine District at Georgetown, Clear Creek County. George Armstrong Custer, August Belmont and John Jacob Astor owned the other half. While the Stevens Mine was profitable, Custer went into serious debt that he left behind after being killed at Little Bighorn. The Georgetown Miner on Oct 13, 1870 reported that the Crescent Silver MC had produced 40 tons of ore yielding $200 per ton simply drifting on the vein. Raymond's report for 1872 reports, "The Stephens Lode had been constantly and profitably worked during the year, yielding an average of 30 tons per month of good ore, averaging 750 ounces of silver per ton, with a high percentage of lead."


Franklin Collection. Georgetown, Argentine District Colorado Franklin Collection