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Poker Flat Gold Gravel Mining Co. Stock Certificates (107131)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:30.00 USD Estimated At:60.00 - 80.00 USD
Poker Flat Gold Gravel Mining Co. Stock Certificates   (107131)
SOLD
30.00USDto a********o+ (7.50) buyer's premium. + applicable fees & taxes.
This item SOLD at 2019 Jul 15 @ 13:07UTC-7 : PDT/MST
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Lot of 2 different. 1) No. 487, issued in 1911 to secretary Geo. Searle, not cancelled. Signed by president LH Jacob. Brown border and black print. Pinholes, folds. 2) No. 210, issued in 1923 for 200 shares. Not cancelled. Brown border and black print. Folds. The Poker Flat District is in northern Sierra County about 10 miles north of Downieville. According to the State Mineralogist (1927), "Poker Flat Gold Gravel Mining Company spent $65,000 prospecting for a gravel channel under this lava. A vertical shaft was sunk 537 feet. From a point in this shaft 505 feet deep, an incline was sunk at an angle of 65° to a depth of 675 feet. After driving 88 feet horizontally, an inclined winze was sunk 46 feet, giving a total vertical depth of 717 feet below the surface. The first incline from vertical shaft, and the horizontal drive of 88 feet, passed into and through what appeared to be either a projecting knob of serpentine bedrock on the uneven lava and bedrock contact, or a large detached mass; beyond this, to the north, in which direction they were driving, the lava and bedrock contact was still sloping steeply down when work stopped in January, 1914." Ken Prag Collection

Date: 1911 & 1923
State/Country: California
City/County: Poker Flat, Sierra County