NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2013 Dec 08 @ 10:00UTC-8 : PST/AKDT
A group of 5 pieces relating to the Mountain Spring Canyon Mines, Ltd. from 1930-31. The mine was located in the Argus mining district in Mountain Springs Canyon, 20 miles n.e. of Brown, a station on Owens Valley Branch of Southern Pacific Railroad. The mine composed 20 claims, known as the Convention Group. Company officers included I.C. Lewis as president and J. Torrance as secretary, with an office in Los Angeles. 1) Two page typed report from 1931 re: the property by F.O. Martin, mining engineer. Martin was advising the company on it’s development plans. Word “COPY” typed diagonally at the top. 2) Two page typed report re: the property by consulting engineer, J.T. Shinnin of Los Angeles. Word, “COPY” typed at the top. 3) One page sheet from the State Corporation Dept. of the State of California authorizing the company to issue shares of common stock. 4) Crude sketch of the claim layout at the property drawn in black pen. Drawn on the back of an oil company letterhead from L.A. Other claims adjacent include Gold Coin, Annex, Grand View and Los Angeles. 5) Two page subscription agreement to sell stock valued at $17,500 to finance the company’s development work as recommended by F.O. Martin, the mining engineer. Spaces on page 2, where names of subscribers and amount of shares subscribed for could have been filled out (all left blank). Documents are in old, funky condition but entirely readable. Documents 1 and 2 are not present day copies, but period copies from the 1930’s. Interesting group.
Date: 1931City: Argus Mining DistrictCounty: InyoState: CA
Auction Location:
5635 Riggins Ct., Ste 15, Reno, Nevada, 89502, United States
Nevada Satte Sales Tax
Taxes:
| Tax | Rate | Desc. |
| NSST |
7.75% |
Nevada Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
19.5% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
Due on receipt of invoice.
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- VISA
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Auction #5 Absentee Bidding will end
Friday, December 6, 2013 at 5pm PST,
Internet bids accepted any time
1. This is a Live Auction.
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WARNING: Auction participation through the live internet bidding site is not 100% foolproof. The technology for this process is still under review and development, and the operation of it and the corresponding internet connectivity issues are far beyond our control. Some folks have attempted to use the live internet bidding process as their primary method of bidding, and have been quite successful. Others have failed completely. Depending upon your computer, server, host, and other factors, internet signals may be delayed, such that bids may not be received in time. We cannot be held responsible for these delays, or for the lack of placed bids in a timely manner, or any other factors leading to unaccepted bids that are far beyond our control. Bidders should always have a backup plan for lots they highly desire. Live participation is best, followed by phone participation. We will not reopen lots for missed bids.
7. Reserves: Most of the lots in this auction are unreserved. Gold is generally reserved at or near spot, though it could be slightly below spot.
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From: To: Increment:
$0 $95 $5
$100 $190 $10
$200 $475 $25
$500 $1,450 $50
$1,500 $3,400 $100
$3,500 $9,750 $250
$10,000 $max $500
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12. All stock certificates, checks, warrants, and other financial documents sold herein are sold as antiquities, and have no financial, securities, or public trading value whatsoever.
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15. Buyer’s Premium: There will be a 19.5 % Buyer’s Premium added to each lot. An additional 3% will be added for payments made by credit card or Paypal.
16. Sales Tax: Sales tax will apply, according to state law, for any items that ship to Nevada (7.725%) unless a current, valid resale certificate is faxed to us at 775-825-1634 before bids are placed.
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22. This sale is being held under the laws of the states of Nevada.
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