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Mettacom Silver Mining Co.of Reese River, Nevada Bond, 1867 #110039

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:60.00 USD Estimated At:120.00 - 200.00 USD
Mettacom Silver Mining Co.of Reese River, Nevada Bond, 1867  #110039
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$500 First Mortgage Bond from the Mettacom Silver Mining Company of Reese River. Certificate #5 issued in 1867. Four bond coupons attached at the bottom. The Mettacom was located on Lander Hill next to the Florida Mine. It was a regularly producing mine from 1866-69. Blake's 1869 report says they produced 26 tons. The mill was not being used by the fall of 1869. Fuller & Lane refurbished the mill to use as a custom mill. All the outside ores from the small mines were going to the Manhattan Co.'s mill, and Fuller thought he could force the Manhattan to keep their prices down if he kept the Mettcom open. It worked. A British company, The Pacific Mining Co., bought the Mettacom and mill in Oct. 1869. They were eventually bought by the Manhattan Co. in 1876. State: Nevada City: Austin Date: 1867