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Munckton Gold & Silver Mining Company Stock (86060)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:250.00 USD Estimated At:500.00 - 1,000.00 USD
Munckton Gold & Silver Mining Company Stock  (86060)
SOLD
400.00USDto m********r+ buyer's premium (100.00)
This item SOLD at 2019 Jan 26 @ 16:23UTC-8 : PST/AKDT
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Rare and hard to find in issued condition. Location printed on certificate: Dunderberg Lode, Mono County, California. No. 55, issued for 20 shares to James Fraser on Dec. 9, 1870 in Carson City, Nevada. Signed by George Munckton as president and T.J. Edwards as secretary. Not cancelled. Vignette upper right corner of large building, probably the Mono County courthouse. Black border and orange underprint. 5 x 9.75". Printer - Britton & Rey, S.F. Folds. Very fine condition. The Dunderberg was considered one of the most important mines of Mono County by Raymond (Mineral Resources West of the Rocky Mountains) in 1873. Located on Castle Peak in the headwaters of the East Walker River, the mine was discovered in the 1860's and purchased by Dr. George Munckton and others of Carson City, Nevada. Their enterprise was named after him, but the mine name remained the Dunderberg. The ore was first shipped to Aurora, where they were paid $50 per ton, which was about 75% gold and 25% silver. The company ran over 1000 feet if drifting intersecting the lode at various points. A small mill was built on the property. It apparently remained active on and off until 1902, when the property became idle. Actual production is more than 100 tons, but unknown. George Munckton was a druggist (pharmacist) in Carson City and Virginia City in the early 1860's. He may have been the first druggist in Nevada (Carson City). He was so successful that at one time he had three stores under his name. [ref: FH; Raymond, 1873] No mention of the Dunderberg lode nor Munckton G & S MC could be found in earlier volumes of the California State Mineralogist's reports. Prag Collection State: California City: Mono County Date: 1870