Eureka Quartz Mining Company Stock (90496)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:400.00 USD Estimated At:800.00 - 2,000.00 USD
Eureka Quartz Mining Company Stock  (90496)
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Eureka Quartz Mining Company stock certificate, No. 97, for five shares of capital stock. Issued to William Jenkins of Baltimore. Dateline 24 January 1853. Signed by E.H. Cornwall, secretary, and James A. Shorb, president. Measures 11" x 6". Vignette of mill and miners top center. Uncancelled. VF. The Eureka Quartz Mining Company was likely operating in Georgetown, California. There was a second Eureka Mine in Placerville, but it was not active until decades later. The Eureka quartz mine at Georgetown had a 130-foot deep shaft in 1867. It was located immediately north of the Woodside on the same quartz vein, which was about two feet wide. They had a steam hoist, but no mill. The vein had a NE-SW strike and easterly dip averaging about $30 per ton, according to J. Ross Browne in Mineral Resources West of the Rocky Mountains, 1868. By 1882, the mine was 230 feet deep, inactive, and full of water, according to the History of El Dorado County, 1883. This is quite possibly the earliest known lode mining company stock certificate extant. Condition is very good: one small pin hole at fold interestion, some discoloration.

Provenance: Ken Prag Collection
Country (if not USA):
State: California
City/County: Georgetown
Date: 1853