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First North Extension Esmeralda Mining Co. Stock Certificate [166917]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:250.00 USD Estimated At:500.00 - 800.00 USD
First North Extension Esmeralda Mining Co. Stock Certificate [166917]
SOLD
250.00USDto f*****E+ buyer's premium (62.50)
This item SOLD at 2023 Jun 15 @ 13:06UTC-7 : PDT/MST
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An incredibly early 1861 issued Aurora stock! Inc. March 2nd, 1861. No. 90, issued for 5 shares to Isaac Kirkpatrick on July 15th, 1861 in San Francisco. Signed by Alex. Gamble, president, and Solon Pattee. Not cancelled. Beautiful design by Britton & Co. Grey background, fancy logo, vignette of child with dog. Fold, extremely fine. 5.25 x 9.25" Pattee was the secretary for a number of Aurora mines, including the Wide West. Gamble is listed in the SF directory as being in the mining business. Gamble was a very successful merchant in Big Oak Flat, California during the Gold Rush. He took that money and became a mining speculator and investor. His brother Peter and he were founders of the immensely successful Wide West Mine on Last Chance Hill. They sold their stock at a great profit and bought Real Del Monte stock cheap. Within a few months it had risen to $500 a share and Gamble was a millionaire. Not too long after that Governor R. K. Colcord of Nevada in his memoirs of territorial Aurora noted that he had fallen into poverty, "...his shirt was unlaundered and he was living in a two-bit restaurant." Clemens never mentioned this mine and its activity is unknown. The original district was ten miles square and named by M.J. Corey, one of the three original discovers in the summer of 1860. James Braly, E.R. Hicks, and Corey were camped at Esmeralda Hill when Hicks went out to shoot some game for breakfast. He noticed quartz outcrops, and brought back chunks to camp. They tested them for quartz and gold. The first claim was the Old Winnemucca Ledge, located August 25, 1860. The first mill was built in June 1861. Within a year, there were ten mills.

Date: 1861
Country (if not USA):
State: Nevada
City: Aurora
Provenance: