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Russell Gulch Area Mining Stocks (2)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 300.00 USD
Russell Gulch Area Mining Stocks (2)
SOLD
100.00USD+ (25.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 17 @ 09:47UTC-7 : PDT/MST
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"Green Russell had spent his boyhood in the Cherokee country around Dahlonega, Georgia, site of the only significant gold rush east of the Mississippi. The bonanza in California sent him across the continent in 1849, and along the way he panned a little gold in the Sweetwater River, in southwest Wyoming just east of the Rockies. During the next few years Russell moved restlessly - home to Georgia, back to the Pacific, then home again in 1852. Then, through his Cherokee connections Russell heard about an 1849 discovery of gold along the South Platte River at the foot of the Rocky Mountains. He organized a party to prospect along the South Platte River, setting off with his two brothers and six companions in February 1858. They rendezvoused with Cherokee tribe members along the Arkansas River in present-day Oklahoma and continued westward along the Santa Fe Trail. Others joined the party along the way until their number reached 107. The few accounts of Russell suggest a confident man who inspired trust. In a later portrait he has a direct, drowsy-eyed look of assurance. Whatever his appeal, Russell convinced the others to stand against adversities the expedition may have presented. Upon reaching Bent's Fort, they turned to the northwest, reaching the confluence of Cherry Creek and the South Platte on May 23. The site of their initial explorations is in present-day Confluence Park in Denver. They began prospecting in the river beds, exploring Cherry Creek and nearby Ralston Creek but without success. After twenty days, several decided to return home, leaving the Russell brothers and ten other men behind. In the first week of July 1858, Green Russell and Sam Bates found a small placer deposit near the mouth of Little Dry Creek that yielded about 20 troy ounces (600 grams) of gold, the first significant gold discovery in the Rocky Mountain region. In early 1859, Russell was drawn to the mountains by the discovery of gold in nearby Gregory Gulch. He discovered placer gold deposits in June 1859 in the valley that was soon named Russell Gulch in his honor. By the end of September, 891 men were mining gold in the gulch, and the eponymous town was built near the head of the gulch to serve the miners." from wikipedia 1)Reliance Gold and Silver Mining #37 issued to John Bacera 1867 200 shares, signed by president Tucker, incorporated in NY. 2) Russell Gulch Mining and Development Co #1006 issued to Joseph Guest 1903 100 shares, signed by president. Incorporated in CO. Vertical fold tears and left lower corner crease. (Al Adams Gold Rush Memorabilia Collection) Date: Location: Russell Gulch, Colorado HWAC# 58751