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Two Yosemite Mining Stock Certificates

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 300.00 USD
Two Yosemite Mining Stock Certificates
SOLD
130.00USD+ (28.60) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 16 @ 18:32UTC-7 : PDT/MST
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1) Treasure Mining Company. Although this is a very early stock certificate number '187-' has been overwritten by '1895.' 100 shares for HY Stevenson. Signed by Charles Bridge and president WE Sell. Incorporated in 1878. Pristine with no condition issues. 2) North Hite & Yosemite Gold Mining Company. Number 688 for 100 shares to William Rees in 1880. Vignettes of placer and underground mining. Signed by Edward H Spooner and Lindley Teaman. Nice condition. Dog ear upper right and very light foxing on borders. John R. Hite discovered gold at this location in 1862, and the ore was initially processed with arastras until a mill was constructed in 1866. A twenty stamp mill was in place by 1874, and by 1888 a 40-stamp mill was operating. Total production from the property was estimated at $3 million. From the Engineering and Mining Journal, Vol. XXX, #1 (July 3, 1880), p. 114: "The agent of this company telegraphed on the 4th inst. as follows, "Surveyor commenced making his surveys on the 2nd. We shall have extracted by the 7th of September about 1200 tons of ore, which will mill $20 per ton." Nice Pair! (Al Adams Gold Rush Memorabilia Collection) Date: 1880, 1895 Location: Yosemite, California HWAC# 58330