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Nevada Freehold Properties Certificate - English Scam [130977]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:40.00 USD Estimated At:80.00 - 150.00 USD
Nevada Freehold Properties Certificate - English Scam  [130977]
SOLD
30.00USD+ (6.60) buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Feb 25 @ 08:45UTC-8 : PST/AKDT
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Mining scams were not uncommon in Nevada, but this scam is for woodland properties near Austin, Nevada by an English firm. They obviously did not visit the state and notice all of the desert! Certificate of Two Pounds (British), no, 4997. Attached is a Coupon of Reversion. The company was formed in 1869 and was seeking investments for the purchase of 22 silver mining properties and 2 pine woodlands in Nevada. Reese River Mining District. Chairman was James Tobin, with Major-General Mason doing the survey in Nevada. Certificates were issued at 12.5% for 17 years. By 1874, the company had gone belly-up. Extensive notes on the company from British sources.

Date: 1869
Country (if not USA):
State: Nevada
City: Austin, Lander Co.
Provenance: Joe Elcano Nevada Mining Stock Collection