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NV - Death Valley,Nye County - 1907 - Hayseed Mining Company - Gil Schmidtmann Collection

Currency:USD Category:Collectibles / Western Americana Start Price:38.00 USD Estimated At:75.00 - 200.00 USD
NV - Death Valley,Nye County - 1907 - Hayseed Mining Company - Gil Schmidtmann Collection
Session D is a Mail-Bid Only Auction. Absentee bids will be accepted only. No live bidding will be allowed. All winners will be contacted after the auction. BIDDING ENDS MONDAY JUNE 27 AT 5PM PACIFIC TIME!!!
Incorporated in South Dakota. No date. No. 4 issued March 25, 1907 to G.A. Webster for 42,178 shares. Signed by Sam F. Lindsay, president and J.A. Largent, secretary. Printed by Utah Litho Co., SLC. U/C. Black ink on crème paper, no vignette. The Hayseed Mining Company was formed by Rhyolite promoters in February 1907. Early high assay numbers made the mine a favorite with speculators. The initial stock offering was 50,000 shares at 50-cents per share. Within two months the stock had risen to 75-cents per share. This certificate, No. 4, was likely issued very early on and, the number of shares, 42,178, is likely the majority of the initial offering. Webster transferred the stock on Feb. 4, 1908.



[Lingenfelter, Death Valley and the Armagosa: A Land of Illusion. Berkeley, CA: University of California Press, 1986. 279]