3069

South Bodie Gold Mining Company Stock with Bodie Vignette

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 700.00 USD
South Bodie Gold Mining Company Stock with Bodie Vignette
SOLD
350.00USD+ (87.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Oct 20 @ 09:02UTC-7 : PDT/MST
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# 1719 for 100 shares to trustee GB Bayley. Datelined San Francisco 1880. Signed by secretary H Deas and vice president MP Minor (or Minot). Incorporated August 19, 1878. Located at "Bodie Mining District, Mono County, Cal." Two assessment stamps on reverse. Vignette of early Bodie. Printer is LeCount. Not cancelled. Pin holes and dog ears. Two stains upper right. The property of this company consists of the “Hancock” claim, 1,500 feet long, located in June, 1877. It lies to the south of the celebrated Bodie mine, and indications lend a strong support to the theory that the rich veins struck by the Bodie Company will be found in the South Bodie ground when sufficient depth is attained. The surface ground on this claim was worked with great success as a placer claim in the early days of Bodie Bluff, and the richest float quartz ever struck in the district was found near the point where sinking is now in progress on this mine. A shaft has been sunk on this claim to a depth of 120 feet, over which a fine engine has been erected for hoisting ore, and satisfactory progress is being made at all points. It is proposed to sink the shaft to a depth of 200 feet, when crosscutting will commence and be prosecuted until the vein is struck. The bottom of the shaft is now in ledge matter. Within 60 days important developments are looked for. [bodie.com from “United States Annual Mining Review and Stock Ledger] Prag collection City: Bodie State: California Date: 1880 HWAC# 79776