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Sandstorm Mining Company Stock Certificate: Wingfield Collection

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 250.00 USD
Sandstorm Mining Company Stock Certificate: Wingfield Collection
SOLD
50.00USDto n*******g+ buyer's premium (12.50)
This item SOLD at 2018 Mar 17 @ 13:51UTC-7 : PDT/MST
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Number 1881 for 1000 shares to William Perry in 1906. Signed by secretary JM Fenwick (popular secretary for Wingfield mining companies, listed as president later, "Mining Review") and president George Wingfield. Typical three vignettes of the Goldfield certificates. Extremely nice condition - only two pinholes in upper left mar this stock.



The Sandstorm claim situated about 2 miles north of Goldfield was staked on December 2, 1902 by Messrs Stimler and Marsh and according to popular tradition was the first mining location in the district.... Other claims in the group owned by the Sandstorm Mining Company are the Kruger, Magnolia and Stimler fraction. Efforts to find ore were at first unsuccessful and it was not until December 1904 that JR Davis, JP Loftus and AH Mayne lessees found rich ore and began shipping. [The Geology and Ore Deposits of Goldfield, Nevada" by Ransome et al] It was a producing mine in 1905 and 1906 (Couch & Carpenter).



King George was Nevada's Political and Financial boss in the early 1900's. If you wanted to run for office, you needed his blessing. If you were a friend and in trouble, he was known to make troubles disappear.



"Wingfield was one of the state’s most powerful economic and political figures during the period from 1909 to 1932. He rose from faro dealer to the position of richest man in Nevada in less than five years. While living in the central Nevada town of Goldfield, Wingfield and his partner, George Nixon, established the Goldfield Consolidating Mining Company, which ultimately produced more than $50 million worth of ore. In 1906, the partners established the Nixon National Bank of Reno (later renamed the Reno National Bank), and in 1908, Wingfield moved to Reno, where he became active in politics, banking, ranching, and hotel-keeping. He was influential in developing Reno’s gambling and divorce-related tourism industries." [renohistorical.org]



(This is the best batch of Wingfield stock certificates we have ever offered for sale at one time. They are not the common stocks, but rare Wingfield endeavors. Bennett Collection) Date: 1906 Location: Goldfield, Nevada HWAC# 60204