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Rare 1870s Carson City Mint Silver Bullion Memorandums for Comstock Mine Deposits [201532]

Currency:USD Category:Coins & Paper Money / US Coins - Mint Sets Start Price:500.00 USD Estimated At:1,000.00 - 1,500.00 USD
Rare 1870s Carson City Mint Silver Bullion Memorandums for Comstock Mine Deposits [201532]
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Lot of 3 different. All deposited by E. Niles, who was chief clerk for Henry Yerington of the V&T railroad. These are massive deposits (4,000+ ounces), likely a political decision so that the bullion would not be routed to the San Francisco Mint. At the time, Mint Director Linderman was making statements that some have interpreted he was bias against the CC Mint. (See the 1875 Mint Report where he says SF is the "natural market" for the Comstock bullion to be sent). He was more in favor of centralized Mints like at SF and New Orleans. 1) No. 74, August 27th, 1875. Deposit of C.P. Bars (for Crown Point in Gold Hill), 4,243 ounces split into two bars. Both are typical for Comstock ores, .946 and .947 silver fineness. Folds, soiling. The Crown Point was the site of a major bonanza discovery in 1871 with its neighbor the Belcher. William Sharon and the Bank of Cal. controlled the mine at the time, but Alvinza Hayward and John P. Jones bought a majority of the stock before the true extent of the bonanza was known. 5.5 x 11.5" Black form. 2) No. 71, August 27th, 187. Deposit of "Mint Unparted Bars," an unusual classification as all of the Comstock bullion coming in would be unparted. Lower down is a pencil notation saying "Crude Bullion for Mex" (likely referring to the Mexican Mine). 7,516 ounce deposit made into two bars, .961 and .962 fineness silver. Folds. Black form. 3) Blue form (more typical for silver). No. 330, Sept. 7th, 1875. Deposit of Ophir Bars, 26,446 ounces made into 7 bars (ounces don't add up, possibly made into more bars not noted here). .948-.952 fineness silver. Folds. 5.5 x 11.25"
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Date: 1875
Country (if not USA):
State: Nevada
City: Carson City
Provenance: