Saginaw Consolidated Gold & Silver Mining Co. Stock Certificate (107726)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 600.00 USD
Saginaw Consolidated Gold & Silver Mining Co. Stock Certificate  (107726)
200.00USDto 2*****l+ (50.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Apr 17 @ 11:34UTC-7 : PDT/MST
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Very attractive certificate from the Raymond District of Alpine County. The certificate identifies the mining location as Raymond District, Amador County (printed along the top), but this was right about the time this area of Amador County became part of Alpine County. Very low certificate No. 5, issued for 80 shares to Thomas Dillon on May 10th, 1864 in San Francisco. Signed by Stephen Otis as president and William Smith as secretary. Not cancelled. The certificate incorporates an ingot design for the number of shares and the share certificate number, complete with assay chips in the ingot corners. Very rare style! Ornate logo and small eagle vignette. Printed by Boswell & Co., SF. Two adhesive revenue stamps (20 and 5 cent) attached at left. Folds, pinholes, some staining. 5.25 x 9.25" The Raymond District was formed in late 1863. It was half-way between Silver Mountain and Markleeville. The Saginaw was just a prospect, with little long-term stability. The 1866 report of the district by state assessor S.A. Hawkins mentions two active mines in this district (Illinois-California and General Grant), but not the Saginaw. A.C. Perkins was a carpenter, then clerk, and finally mining speculator in SF (according to Langley Directories). Stephen Otis is listed as a real estate agent and stock speculator working for Farnum in SF. William Smith was a mining and petroleum investor in SF.

Country (if not USA):
State: California
City/County: Silver Mountain
Date: 1864