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Buena Gold Mining Company Stock

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Buena Gold Mining Company Stock
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No. 1597 issued to Henry B Baueroft and signed by Edwin Simpson, Secretary and Bensonl, President. Gilt underprint illustration of the mine is spectacular. Uneven cot bottom left. folds. No edge, corner, pin hole or discoloration issues. Extremely attractive. Central Mining District. The Buena Mine, differs from the other mines in having a large number of veins striking in various directions and in having ore in large stockwork bodies at vein junctions. The mine was on the south side of a steep gulch, 2,000' east of the top of Buena Mountain and about a mile N. 70 deg. W. of Jim Town. The workings range in altitude from 7,500 to 8,050 ft . and comprise seven levels, with two extensive crosscut tunnels, one small crosscut, and numerous raises, winzes, open cuts, and small shafts, totaling about 6,000 feet. The mine was discovered in September 1879 and is generally credited with a total output valued at about $44,000,000 @ $400/oz gold. The output from 1901 to 1942 has amounted to 36,794 oz. Gold ($14,717,600), 2,728 oz. Ag, and 205 pounds of Cu. The chief ore minerals in the mine are gold tellurides of which krennerite is the most abundant, sylvanite, and petzite. Shipments to the Boulder Sampler in 1879 and 1880 contained up to 268.4 oz. of gold and 54 ounces silver per ton. Most of the large tonnages ranged from 3 to 11 ounces of gold per ton. Prag Collection State: Colorado City: Boulder Date: 1880 HWAC# 85214