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North Hite & Yosemite Gold Mining Co. Stock Certificate (107103)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:60.00 USD Estimated At:120.00 - 200.00 USD
North Hite & Yosemite Gold Mining Co. Stock Certificate   (107103)
SOLD
300.00USDto D*****5+ (75.00) buyer's premium. + applicable fees & taxes.
This item SOLD at 2019 Jul 13 @ 10:46UTC-7 : PDT/MST
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Inc. in New York. No. 715, issued for 100 shares to George Willis on Sept. 20th, 1880 in New York. Signed by president Edward H Spooner and secretary Lindley Teaman. Not cancelled. Orange border and background, black print and two vignettes of placer and underground mining. Lith. of Snyder & Black, NY. Folds, a few small stains. 7 x 11" John R. Hite discovered gold at this location in 1862, and the ore was initially processed with arastras until a mill was constructed in 1866. A twenty stamp mill was in place by 1874, and by 1888 a 40-stamp mill was operating. Total production from the property was estimated at $3 million. From the Engineering and Mining Journal, Vol. XXX, #1 (July 3, 1880), p. 114: "The agent of this company telegraphed on the 4th inst. as follows, "Surveyor commenced making his surveys on the 2nd. We shall have extracted by the 7th of September about 1200 tons of ore, which will mill $20 per ton." Ken Prag Collection

Date: 1880
State/Country: California
City/County: Yosemite