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Very Rare Tonopah Mining Company of Nevada Stock, Uncancelled, Issued in 1911 #110319

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 300.00 USD
Very Rare Tonopah Mining Company of Nevada Stock, Uncancelled, Issued in 1911  #110319
SOLD
75.00USD+ (18.75) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Dec 06 @ 11:25UTC-8 : PST/AKDT
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The Tonopah Mining Company of Nevada operated for decades making huge profits and paying great dividends. It is extremely rare to find one of these issued and uncancelled. Also, it was issued in 1911, so very early. It shows that this lucky shareholder was likely tickled to death to own stock in this great company for many years and get rich off of the dividends. It is cert. #34695, issued for 10 shares to Helen Miller. Usually, certificates from this company are issued in either 1945 or 1957 and are always cancelled. In 1902, the Tonopah Mining Company bought six claims from Jim Butler and associates for $336,000. By July, 1909, the company had already paid $4.5 million in dividends. By 1916, the total dividends paid had risen to $13.3 million (1916 Mines & Copper Handbook) . The company held 9 patented claims in Tonopah adjoining the Tonopah Extension on the east and north and Jim Butler Tonopah Mining Company on the north. By 1916, the company owned the Desert Power & Mill Co. outright and controlling interest in the Tonopah and Goldfield Railroad. In it's history, the company produced roughly $50 million. What a great company! Don't miss your chance to get this great certificate. State: Nevada City: Nye County Date: