5540

Live Yankee Gold and Silver Mining Company No. 2 Stock (88712)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:250.00 USD Estimated At:500.00 - 700.00 USD
Live Yankee Gold and Silver Mining Company No. 2 Stock  (88712)
SOLD
250.00USD+ (62.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Mar 11 @ 14:41UTC-7 : PDT/MST
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# 18 for 20 shares to Silas Fuller. Silas Fuller is listed as a speculator in the 1864 Langley directory. Signed by secretary Jonathan Hunt Jr. and president Myles D Young(?). Dateline San Francisco 1864. Incorporated February 23, 1864. 25c Power of Att'y revenue stamp. Not cancelled. Mountain mill vignette. Female soldier with sword that says , 'UNION.' Francis, Valentine & Co. printer. Torn lower left. This stock certificate is one of the Front Street consortium. Instead of investing in stock, they invested in mining companies and sold stock. This group of San Franciscans Benjamin Silliman Jr to promote their companies. The report neatly ties together and describes the 30 mines. However an assay of over $5000 a ton should have given an investor pause. Ore could be worked for $40 to $50 a ton. The big Comstock companies were working at $100 a ton. Benjamin Silliman, Jr. was essentially a hired gun. Benjamin Silliman, Sr., a Yale chemist, had been one of America’s preeminent scientists, and the son had closely followed the father’s footsteps, specializing in chemistry, mineralogy and metallurgy, serving often as a consultant to government, business and industry. H. (Henry) W. Bradley, President of the Chicago, was a partner in the photographic art gallery Bradley and Rulofson, 429 Montgomery St., and an importer and jobber of photographic and ambrotype materials, 622 Clay St. R. (Richard) W. Heath, President of the Apollo and the Black Ledge, was a member of Heath & (Charles R.) Allen, commission merchants and dealers in tobacco and wood, and Consulate for San Salvador, 609 Front St. [The Bradley Find: Scripophily of a Nevada Mining Venture by Mahler] Prag Collection

Date: 1864
City/County: Reese River
State: Nevada