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Eureka Gold Mining & Milling Company Stock Certificate (103480)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:40.00 USD Estimated At:80.00 - 120.00 USD
Eureka Gold Mining & Milling Company Stock Certificate   (103480)
SOLD
45.00USD+ (11.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Jul 13 @ 10:21UTC-7 : PDT/MST
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Extra rare pre-1900 Randsburg. Inc. in California. No. 32, issued for 2,950 shares to Emma. D. Ely on Dec. 3rd, 1898. Randsburg dateline. Signed by A.W. Collins as president and H.C.Collins as secretary. Not cancelled. Black border and print, gold seal, green background. Highly pictorial: allegorical and mining vignettes in the border and a vignette on top showing an arrastra. Deep folds, pinholes, creases, light toning. 8.5" x 10.5" This company's main properties were the Black Hawk and O.K mines, located 3 miles S.E. of Randsburg. A few months after this stock was issued, a strike was made: "RANDSBURG STRIKE--Mr. A. W. Collins reports an important strike in the O. K. No. 1, one of the Black Hawk Group of mines in this district. The strike was made in the winze, as a depth of 29 feet, starting from the 100 foot in the drift, which latter is now 125 feet. The strike showed an 18 inch vein of ore which runs $15 to the ton. About a ton of ore was taken from the winze.--Mining Review." Bakersfield Californian, August 14, 1899. Randsburg had water problems and A.W. Collins successfully drilled a well to help with the issue the following year. (A detailed history of the mines via newspaper clippings can be found at: http://randdesertmuseum.com/site/randsburg/blackhawk-eureka-mining-and-milling-co/) Ken Prag Collection

Date: 1898
State/Country: California
City/County: Randsburg