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Helvetia & Lafayette Gold Mining Company Stock Certificate [144688]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:500.00 USD Estimated At:1,000.00 - 2,000.00 USD
Helvetia & Lafayette Gold Mining Company Stock Certificate  [144688]
SOLD
400.00USDto c*********p+ buyer's premium (100.00)
This item SOLD at 2022 Apr 24 @ 08:40UTC-7 : PDT/MST
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One of the all-time great Gold Rush stocks. Only a handful known. Grass Valley, Nevada Co., Cal (printed under title). Dateline Grass Valley, Nevada Co., Cal., July 24th, 1855. No. 2284, issued for 10 shares to George A. Montgomery. Signed by president Carvill Conaway and the secretary (ink nearly gone). Not cancelled. Black print. Two allegorical vignettes of women and a smaller vignette of an eagle. Printed by BF Butler. 3.5 x7.5" Creases, rough edges, some stains. According to Mining Magazine (1854), the company was formed in April 1852 with E.R. Baxter president. They had 12 claims (80 ft. each) on Lafayette Hill, as well as claims on Gold and Massachusetts Hills, along with an 18-stamp mill. The vein was originally located by a party of Frenchmen who noticed a small piece of gold-rich quartz. The quartz was buried and thus had been previously overlooked. From April to August 1852, $98,000 was taken out. From August 1852 to Dec. 1853, they took out $84,200 in gold. The Lafayette Hill vein is 2-3 feet in thickness and encased in greenstone, making blasting a necessity. Also contains large volumes of sulphuret of iron. [Ref: Mining Magazine Vol. 3, Tenney, 1854, pgs. 541-542] City:Grass Valley State:California Date:1855