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Homestake Mining Company of Colorado Stock Certificate, 1881

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Homestake Mining Company of Colorado Stock Certificate, 1881
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Extra rare. No. 251, issued for 100 shares to H. Norton on Sept. 7th, 1881 in Philadelphia. Signed by president (illegible) and secretary, W.J. Radcliffe. Not cancelled. Underground mining vignette at top center plus Colorado state seal. 8 x11" Printed by Lehman & Bolton, Philadelphia. Folds with minor separation, holes in seal, otherwise very clean. Owned the Britton, Grubstake, Carbonate of Lead, Goldfinch, Hit or Miss, and Monarch claims. Assays ran 10-30 oz/ton. There are five shafts and one tunnel. Homestake is a ghost town that was located 12 miles northwest of Leadville on the north side of Homestake Mountain. The district was known for lead, zinc, and silver, and trace gold. Known for its extremely brutal winters, the town began to fade starting in 1885 when the production costs were exceeding ore value. [Ref: Holabird 2001 Auction # 9.2; Corregan & Lingane, 1883; Eberhart, pg. 207-08] (Al Adams Gold Rush Memorabilia Collection) Date: Location: Homestake, Colorado HWAC# 58542