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Eureka Tunnel Consolidated Mining Co. Stock Collection [160321]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:10.00 USD Estimated At:200.00 - 300.00 USD
Eureka Tunnel Consolidated Mining Co. Stock Collection [160321]
SOLD
45.00USD+ (11.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Mar 19 @ 13:08UTC-7 : PDT/MST
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Lot of about 75. Includes ONE issued stock and 75 unissued. 1) Issued stock no. 99, signed by Nevada governor Reinhold Sadler as president and John Pardy secretary in 1884. Pen and punch cancelled. "Location, Prospect Mountain, Eureka, Nevada" (printed under title). Sadler was the 9th governor of Nevada, serving 1896-1903. The Eureka Consolidated Mining Company was an underground, hard rock mining company operating about two miles from Eureka, Nevada on Ruby Hill. Early mining in the region began in 1864. The Eureka Consolidated was formed when a party of San Francisco businessmen bought out the owners of the Buckeye, Mammoth, Sentinel and other mining claims in July, 1870. By the early 1870s the Eureka Consolidated Mining Company had purchased several additional mines, built five blast furnaces for smelting ore, and constructed a narrow-gauge railroad from the mines to its reduction works (later sold to the Eureka and Palisade Railroad Company). The production of the district from 1879-1883 was enormous, second only to the Comstock as a source of precious metals in the United States. From 1884 the output dwindled to a very small amount; the Eureka Consolidated Mines closed in 1891.

Date: 1880s
Country (if not USA):
State: Nevada
City: Eureka
Provenance: