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Triunfo Gold & Silver Mining Company 1863 Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 300.00 USD
Triunfo Gold & Silver Mining Company 1863 Stock Certificate
SOLD
170.00USD+ (42.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2017 Dec 01 @ 12:14UTC-8 : PST/AKDT
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Issued on December 23, 1863 to Frank Sleeper for 10 shares. Signed by secretary Henry S Brooks and president Edward P Flint. Sleeper signs the reverse. Includes one oval vignette of a mining scene in the mountains. This company was located in Lower California. It also held a number of the major properties in the El Triunfo-San Antonio gold district south of La Paz in South Baja. The mines were opened by the company in 1863. It included the Carmen, Santa Fe, Valenceina, Mendocena, and Esperanza. A tunnel was driven to cut the Carmen vein which was described in a correspondent letter to the Mining and Scientific Press: t the spot where the vein was cut, I measured seven feet of metal, and if I am any judge, it would be difficult to find anything to surpass it in average richness. A stockpile of ore at the mill was reported to average of twelve hundred dollars per ton” (equivalent to 60 ounces gold per ton!). The correspondent further stated that; and without a doubt, it (the El Triunfo valley) will become a place of much importance, as there are numerous mines, as rich probably as any on the Pacific coast, within a view from the site of the Triunfo Company works”. The El Triunfo mining district has probably produced more than 500,000 ounces of gold from discovery to the present. [LaBerre Galleries, taken from the Mining and Scientific Press] Three very light vertical folds. Pristine condition: no rips, tears, pinholes, dog ears, etc.! Date: Location: San Antonio Mining District, California HWAC # 53584