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Metallic Consolidated Gold & Silver Mining Co. Stock Certificate, 1879 [204298]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:120.00 USD Estimated At:240.00 - 300.00 USD
Metallic Consolidated Gold & Silver Mining Co. Stock Certificate, 1879 [204298]
SOLD
120.00USDto r*******D+ buyer's premium (30.00)
This item SOLD at 2025 Oct 31 @ 09:56UTC-07:00 : PDT/MST
FINAL AUCTION RECORD The Auctioneer’s podium notes serve as the final, legally binding record of the auction results, superseding any electronic bidding records. See Terms and Conditions
No. 42, issued to and signed by Ellis Edwards, prominent SF mining investor and lawyer. Also signed by the president (illegible). Mining vignette. The Metallic Cons was incorporated to have a mine in the Lake District of Mono County and also had a property in Bodie (according to Sacramento Daily Union, Volume 8, Number 135, 15 August 1879). The Mammoth or Lake district is in southwestern Mono County about 50 miles south of Bridgeport. The district is on the east flank of the Sierra Nevada Mountains and is just east of Mammoth Lakes, a well-known resort area. The Devil's Postpile National Monument is about 10 miles to the west. Gold and silver-bearing veins were discovered here in 1878, and a short-lived "rush" followed. Much of the production at that time was from the Mammoth mine, which yielded $200,000 in 1878-81. The district was organized in 1887. Several thousand people were in the area then, the principal settlements having been Mammoth City, Mill City, and Pine City. The value of the total production of the district is estimated at $1 million. [Western Mining History]

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Date: 1879
Country (if not USA):
State: California
City: Mono County
Provenance: