5446

New York and Montana Mining and Discovery Company Stock (77065)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 600.00 USD
New York and Montana Mining and Discovery Company Stock  (77065)
SOLD
150.00USDto m****a+ buyer's premium (37.50)
This item SOLD at 2019 Mar 11 @ 13:39UTC-7 : PDT/MST
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# 215 for 250 shares to Caroline R Pitman. Signed by WN Oliver and president LCC Backus. Dateline New York 1856. Incorporated January 28, 1865. 25c Certificate revenue stamp. Not cancelled. Miner with rifle and pick. Jacques Sandmeyer printer. Discoloration. Upper border tears. Light discoloration, especially where this cert was pressed by a revenue stamp. Overall very good. By 1866 there were already three quartz mills in the new Hot Spring District. The largest was the New York and Montana Mining and Discovery Company. In 1865 Montana Supreme Court Justice Hosmer wrote to Eastern investors about this company pitching, "There will never be another time on this continent when opportunities so inviting will be presented for investment as are now open here." [The Montana Vigilantes 1863–1878 by Dillon] And here we have a New Yorker investing in this company in 1865. Could Justice Hosmer have influenced this decision? Prag Collection

Date: 1865
City/County: Hot Springs District
State: Montana