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Enterprise Quartz Company Stock 1851 [160129]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:475.00 USD Estimated At:1,200.00 - 2,500.00 USD
Enterprise Quartz Company Stock  1851 [160129]
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Stock Certificate of the Enterprise Quartz Company, issued in Nevada City, California on November 21, 1851. Printed by the Nevada Journal Print Co. Enterprise Quartz was located in an area known as Kentucky Ridge in Nevada County. Gold-Quartz was discovered in the region in 1850-1851 by an early 49er named George Roberts. E.W. Roberts when the gold tunnel vein was found. However, important production did not commence until the early 1860Ìs because of difficulties milling the ore. Eventually production in the region would yield between $300,000 and $500,000 per year. Nevada County was the leading gold mining county in the state of California during this time period, making Nevada City one of the most important towns in the state. ÏCityÓ was added to avoid confusion with the State of Nevada in 1864. The stock has two ornate geometric patterns on the left and right margin. It is small, only measuring 3 OÓ x 8Ó. It is signed by President E.W. Roberts and Secretary (Illegible) J. Andrews. A Border and vignettes are absent. The reverse informs of a transfer on July 1, 1853, also signed by E.W. Roberts. Crease on the left, rough top edge. Good Condition. Nevada City California 1851