2032

Minnehaha Gold & Silver Mining Company Stock [130921]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Minnehaha Gold & Silver Mining Company Stock  [130921]
SOLD
160.00USDto c*********p+ buyer's premium (40.00)
This item SOLD at 2022 Feb 25 @ 08:44UTC-8 : PST/AKDT
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Number 49 for 25 shares to John Lenhart. Datelined San Francisco 1863. Signed by secretary FM Truworthy and president John Cammet. Incorporated August 1863. Located at Lander County, Reese River, N. T. Great vignette of two miners coming out of two tunnels pushing barrows and ore carts. Small 5c and 20c Exchange revenue stamps. Not cancelled. Staining on center right and left edges where it seems to have been taped. One rounded corner. No serious edge, corner or color issues. Original trustees were Cammet, Truworthy, MJ Burke, William Murphy, and S Donnelly. Incorporated on August 18, 1863. The September 18, 1863 Marysville Daily Appeal reported that suddenly the Minnehaha Ledge has suddenly been resurrected. Rock that used to go for $2 to $20 per foot now yields at the rate of $585 silver and $41.75 in gold. Hundreds of other ledges are sure to be resurrected in the same way not that everyone is found to be rich! This stock was sold one month after that article that probably was reprinted in newspapers around California. Is that why this stock was purchased? Background notes on Cammet: from California Legislature in 1855 to insolvent in 1884.

Date: 1863
Country (if not USA):
State: Nevada
City: Austin, Lander Co.
Provenance: Joe Elcano Nevada Mining Stock Collection