3057

Inyo Consolidated Mining and Milling Stock

Currency:USD Category:Collectibles Start Price:200.00 USD Estimated At:400.00 - 800.00 USD
Inyo Consolidated Mining and Milling Stock
SOLD
200.00USD+ (50.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Sep 04 @ 11:10UTC-7 : PDT/MST
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Not cancelled. #1277 George Proudfost. Vignette of miners working with headlamp and vignette of California seal. Printed by Grogan & Martha, NY. Folds, very fine. 7.5 x 10.5" This was one of the most important mines at Panamint. It was originally formed by John Jones and his fellow Comstock millionaires, who raised significant capital to develop the mine but found it didn't meet their expectations. They sold out to a group of New York investors headed by U.S. Grant Jr. Grant Jr. signature on reverse. This new company did better than expected, but Panamint never became the next Comstock Lode, as many had hoped. This company later became the Surprise Mining & Milling Co. [Ref: Filer I, pg. 80] Date: 1882 City: Panamint State: California HWAC# 72025