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Handly Mining Co. Bodie Stock Certificate 1878

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:250.00 USD Estimated At:500.00 - 1,500.00 USD
Handly Mining Co. Bodie Stock Certificate 1878
SOLD
1,500.00USDto T*********t+ buyer's premium (292.50)
This item SOLD at 2014 Sep 14 @ 10:13UTC-7 : PDT/MST
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This is the first certificate from this company that we have ever seen! Bright, crisp certificate. Handly Mining Company. Incorporated August 26th, 1878. Datelined San Francisco, Oct. 15th, 1878. #18. Uncancelled. Issued for 3000 shares to Charles Lighthall. Signed by Clinton Gurnee (president) and Edward F. Stone (secretary). Nice vignette in the lower right-hand corner of a miner swinging a pick with the text "Bodie Dist./ Mono County, Cal." Printed by Britton & Rey, San Francisco. Reverse is blank. Measures 9 3/16" x 4." The Handly Mining Company's mine was located between the Goodshaw and the Bodie (to the south) and covered an area of 1,500 feet by 100. It "ranks as among the earliest locations made in Bodie'" and the "title is complete and unquestioned." In 1878, a vertical shaft had been sunk 70 feet and the ore was carrying from $300 to $400 a ton in gold. [ref: United States Annual Mining Review and Stock Ledger, pg. 202, 1879] Very rare, early Bodie stock!City: BodieCounty: MonoState: CADate: