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Original Bullfrog Mines Syndicate Stock Certificate, 1906 (101589)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Original Bullfrog Mines Syndicate Stock Certificate, 1906  (101589)
SOLD
100.00USD+ (25.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 May 28 @ 14:25UTC-7 : PDT/MST
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Usually not in this good of condition. Certificate No. 6309. issued in 1906 to RM Brine for 500 shares in Goldfield. Signed by P. Carney as vice-president and the secretary. Not cancelled. Ornate green border with large green bullfrog under printed at center. Pinholes, folds. Paperclip indents/stains. 5.5 x 9.5" This was the first mine discovered at Bullfrog by Shorty Harris in August, 1904. Shorty sold his share in the mine for a measly $100 while blindly drunk. Two years later, this mine and the Montgomery Shoshone were the only two to have reported shipping ore, but the company died by mid 1907, according to Richard Lingenfelter in Death Valley and the Amargosa. In fact, the ore occurred in a relatively thin zone directly related to a nearly horizontal fault separating some young rocks that hosted the deposit, from very old Cambrian sediments. The ore only occurred in the younger rocks, so exploration had to occur laterally. Shorty and his partner hadn't staked enough ground. Years later, Pete Galli pulled the dumps and mined a shallow test open pit for a heap leach operation. The dumps were not crushed, and most of the values stayed in the pile as a result. By the time we got around to the deposit, a number of drill holes had pretty well defined the deposit, indicating that there were only about 50,000 ounces of gold remaining. This is the most popular by far of the Bullfrog stock certificates. Ken Prag Collection

Date: 1906
City/County: Bullfrog
State: Nevada