3596

Great Cons. Boise River Gold & Silver Mining Co. Stock Certificate (107074)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 600.00 USD
Great Cons. Boise River Gold & Silver Mining Co. Stock Certificate   (107074)
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Placer District, Idaho Territory (printer under title). Pioneer, Lancaster, & Landon Ledges (printed to the right of vignette). Ultra rare. No. 1596, issued for 5 shares to JP Turner on April 26th, 1865 in San Francisco. Signed by the president (illegible) and secretary Jos. N. Souther. Not cancelled. Beautiful vignette of outdoor mine scene in the mountains. 25 cent adhesive revenue stamp at left. Printed by Fishbournes Lithog. Co. 4.75 x 10" Folds, toning, large stains. Please inspect. This company took over the first quartz mine on Granite Creek called the Pioneer. The company purchased this mine and the Landon, as well as operated other mines. The "poorest rock in the Pioneer assayed $62/ton and the best classes from $6,000 to $20,000." Ore from the Landon was crushed by "rigging ordinary sledge hammers on spring pole...1200 pounds were crushed." It took one man three days to crush 300 pounds. The company had a 5 stamp mill ready in Dec. 1863. This was the beginning of the Idaho Gold Rush. [Ref: Bancroft] According to the Sacramento Daily Union, June 25th, 1864, the company shipped two thousand pounds of gold & silver quartz rock from its London ledge to San Francisco. According to the Daily Alta California, Nov. 16, 1864: "The mill belonging to the Great Consolidated Boise River Gold and Silver Mining Company, will be in operation on the London Ledge in a few days, with a supply of over two hundred tons of rock taken out and ready at the mill. Stock is on the rise since the purchase by the company of the remaining seven hundred feet in the discovery claims. Hardly a piece of rock can be picked up in which gold is not visible to the naked eye, and the leads get richer as they go down. Mr. Williams, the company's superintendent, has labored unceasingly since his arrival among us, and no doubt, in a few days, will report a good clean up." Numerous mentions/reports on CDNC. Ken Prag Collection

Date: 1865
State/Country: Idaho
City/County: Placer District