1130

Monitor & Northwestern Silver Mining Co. Stock Certificate, Silver Mountain, CA 1872 [195884]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:500.00 USD Estimated At:1,000.00 - 2,000.00 USD
Monitor & Northwestern Silver Mining Co. Stock Certificate, Silver Mountain, CA 1872 [195884]
SOLD
500.00USDto c******y+ buyer's premium (125.00)
This item SOLD at 2025 Oct 31 @ 10:23UTC-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
Spectacular stock certificate! Eye catching T. Davenport vignette of Monitor Mountain, Monitor Mining District, Alpine County, California. Number 793, issued for 5 shares to in 1872. Datelined Milwaukee. Signed by secretary B Lingley and president Edwin Hyde. Located at "Monitor District, Alpine County, California." Not cancelled. Printed by Seifert. 25c Revenue Stamp at left. Deep folds, clean. 7.5 x 9.75" Raymond (1874, p55) says that the company "... consists of a tunnel location starting at a point on the river and running thence nearly east to a point under the center of Monitor Mountain This tunnel is designed to open up the entire belt of ledges on the north side of Monitor Creek, between the river and the town of Monitor. It penetrates under Red Mountain to a depth of 1,300 feet and under Monitor Mountain 1,600 feet. In its course it is expected to open up as many as fifteen or twenty lodes, and among that number the Mountain lode, from which assays have been had ranging all the way from $20 to $3,000." Ore was sampled at the mint in Carson City at $18 a ton. Unfortunately when large quantities of ore were crushed at their mill they did not reach above $9 or $10.
^
Date: 1872
Country (if not USA):
State: California
City: Silver Mountain
Provenance: Douglas McDonald Collection