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Real del Monte Mining Co. Stock Certificate & Receipt [166930]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:120.00 USD Estimated At:240.00 - 400.00 USD
Real del Monte Mining Co. Stock Certificate & Receipt [166930]
SOLD
130.00USD+ (32.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Jun 15 @ 13:12UTC-7 : PDT/MST
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Lot of 2 for this mine named after a famous mine in Mexico. 1) "Esmeralda District, Esmeralda Co., Nev." printed under title. Stock no. 506 issued to Chas. L Weill for 10 shares on May 21st, 1880 in San Francisco. Signed by both the secretary C. V. D. Hubbard and President A. J. Ralston. C. Van Dyck Hubbard was a member of the S. F. Stock and Exchange Board. A. J. Ralston was president of the Selby Smelting and Lead Co. and a nephew of William Ralston of Bank of California/Comstock fame. Black border and print. 4 x 9.25" Pinholes, toning. Re-incorporated on Oct. 15, 1877 (originally June 12, 1862 and capitalized at $260,000; 2600 shares at $100 each). Now capitalized at $10,000,000; 100.000 shares at $100 per. The mine was located in the Esmeralda District in Aurora and formed by combining parts of the Juanita and the Last Chance grounds, both previously patented, forming a property 1000 feet long. By 1881 a shaft had been sunk over 800 feet with drifts running towards the Prospectus mine, but much difficulty was encountered with large water flows causing work stoppages. Assays of a six-foot body of ore encountered in digging the shaft were high. (Ref.: Burchard, Production of Gold and Silver for 1881, p.124; also see Pacific Coast Annual Mining Review and Stock Ledger, 1878, p. 234; Langley's S.F. Directory for 1879-80 and King's History of the San Francisco Stock and Exchange Board). 2) Unused 1860s draft for the company. Dateline Aurora. Allegorical vignette. 4 x 9"

Date: 1860s-1880
Country (if not USA):
State: Nevada
City: Aurora
Provenance: