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Long and Derry Hill Mining Co. Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:75.00 USD Estimated At:150.00 - 400.00 USD
Long and Derry Hill Mining Co. Stock Certificate
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Inc. in New York. No. 1314. Uncancelled. Issued for 1000 shares to Henry W. Baldwin on Feb. 2, 1882. Signed by S. Oliphant Talbot (secretary) and W. E. Redding (Vice President). Crème paper with a black border. Vignette at top of miners working underground with lighted helmets. Signed on reverse by Baldwin on 4 February 1882 and witnessed by J. W. Hoffman and S. O. Talbot. The stock is yellowing in the folds and has a few foxing spots. The right and left edges are worn. Good condition. Measures 11 ½” x 6 ¾”

The Long and Derry Mines were among the first to be discovered in the Leadville District. Jacob T. Long and his brother, John Long, came to Colorado in 1860. After trying the San Juans in the south western part of the state, they settled in the Leadville area. It is not clear how the two Long brothers met Charles Derry. Abe Lee, one of the most famous of the original Iowa Gulch characters and discoverer of gold in the Gulch in 1860, was working the Iowa Gulch area in 1876 and awoke one morning to find his horse missing. While tracking his horse he noticed an outcropping of black rock. Later in the morning he met Jacob Long. Lee gave Long a piece of the rock and later that evening around the fire Long was telling his brother, John, and their partner, Charles Derry about his encounter. They discussed the heavy black lump and decided it might be a form of coal and threw it into the fire. It was not coal, but it was lead carbonate. As soon as the mineral began to melt, they knew what they had. The mine, which became one of the most famous of the early Leadville producers, was divided equally among the two Long brothers and their friend Charles Derry. The hill where the discovery was made, between lowa and Empire Gulches, was named Long and Derry Hill, in honor of the owners [Ref: The Hal Miller Files including assays, maps, reports; Blair, Edward, Leadville: Colorado’s Magic City, 1980; Emmons, S. F., and J. O. Irving, and G. F. Loughlin, “Geology and Ore Deposits of the Leadville District, Colorado,” USGS Prof. Paper 148, 1927; Emmons, S. F., “Geology and Mining Industry of Leadville, Colorado,” USGS Monograph Vol. XII, 1886].City: LeadvilleCounty: Lake State: CODate: