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Eureka Quartz Mining Company Stock Certificate (106943)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 1,000.00 USD
Eureka Quartz Mining Company Stock Certificate  (106943)
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Gold Rush-era! Certificate No. 116, filled out for one share on January 24th, 1853. Signed by president J.. A. Shorb and secretary E. Cornwall. No issuee. Black border and print, vignette of miners working next to a creek. Printed by Geo. E. Leefe, NY. 6 x 11" Light wear. The Eureka Quartz Mining Company was likely operating in Georgetown, California. An 1851 Marysville Daily Herald article also describes a new gold quartz discovery about 20 miles from the mouth of Nelson's Creek, .75 miles from Jamison Creek in Plumas County. 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.

Provenance:
Country (if not USA):
State: California
City/County: El Dorado County
Date: 1853