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Crescent Silver Company of Cincinnati Stock Trio [148256]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 250.00 USD
Crescent Silver Company of Cincinnati Stock Trio [148256]
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Lot of 3. One issued and two unissued. This company owned half the interest in the Stevens Lode 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 October 13,1870 reported that the Crescent Silver Mining Co. had produced 40 tons of ore yielding $200 per ton simply drifting on the vein. Raymond's report for 1872 reports, ''The Stephens Lode has 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." 1) Stock no. 97, issued for 57 shares to WB Cox in January 1870. Signed by the president (illegible) and secretary Biggs. Pen and punch cancelled. Two 25 cent revenue stamps. Red print. 2) Two unissued stocks. First is same as the issued. The second is a different form with two mining vignettes.

Date: 1870
Country (if not USA):
State: Colorado
City: Clear Creek County
Provenance: