2633

Ely,NV - White Pine County - February 1, 1867 - Hamilton Gold & Silver Mining Company of Nevada $100

Currency:USD Category:Collectibles / Historical Memorabilia Start Price:300.00 USD Estimated At:600.00 - 900.00 USD
Ely,NV - White Pine County - February 1, 1867 - Hamilton Gold & Silver Mining Company of Nevada $100
The company was incorporated in 1866. This is a first mortgage bond, #3979, held by William Bigler of Clearfield, Pennsylvania. William Bigler signed as a Trustee, along with Alex. Ramsy, president, and L. Tiegler, secretary. Vignette at center of miners with lighted helmets working in underground with picks and shovels. Two smaller vignette: one of an American bald eagle and the other of a farmer carrying a United States flag. Black border with green under printing on crème paper. Ten coupons are attached. Entire document measures 14.5 x 15.5.” There is a 3” lateral tear at left on the center fold. The town of Hamilton was developed in 1868 with the discovery of silver—so rich that the area attracted 10,000-25,000 people in a short time, and the “…silver was found in such quantities to pay most of the Civil War debt” [Ref:
www.elynevada.net/things%20to%20do/ghosttowns.html]. In 1887 big-scale production came to an end—no deeper veins were found. By then, however, a total of $22,000,000 in silver bullion had been shipped [Ref:
www.elynevada.net/things%20to%20do/ghosttowns.html]. This bond is rare for its very early date and high denomination. Fred Holabird has not seen one like this before now.