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Gold Rush Stock Certificate: Eureka Quartz Mining Company

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:350.00 USD Estimated At:700.00 - 1,500.00 USD
Gold Rush Stock Certificate: Eureka Quartz Mining Company
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El Dorado County, California. Unissued for two shares, but signed by Jacob A Shorb as president and E.H. Cornwall as secretary in January 1853. Pinhole, creases, rough right edge. Printed on thin paper by Geo. E. Leefe, NY. Vignette of mill and miners. Measures 11" x 6". Not cancelled. 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. Date: 1853 Location: El Dorado County, California HWAC# 41146