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Mettacom Silver Mining Co. of Reese River Stock Certificate, Austin, NV, 1866

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Mettacom Silver Mining Co. of Reese River Stock Certificate, Austin, NV, 1866
SOLD
110.00USD+ (27.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 17 @ 12:36UTC-7 : PDT/MST
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Early Austin stock. Location printed on bottom ("Mining Works Near Austin, Nevada). Low No. 3, issued for 140 shares to the company secretary Chas. T. Gray on May 30, 1866 in New York. Signed by Gray and president Mackin. Not cancelled. Green seal, allegorical vignettes. Folds, other light wear. 7.5 x 11" 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. (Al Adams Gold Rush Memorabilia Collection) Date: Location: Austin, Nevada HWAC# 58405