New York Silver Mining Co. of Nevada Stock Certificate, 1865 (111371)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 600.00 USD
New York Silver Mining Co. of Nevada Stock Certificate, 1865  (111371)
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Inc. in New York. No. 131. Issued for 10 shares to Wm. P. Bingham on June 6, 1865. Signed by Thomas Sproull as president and S.R. Hutchinson as secretary. Not cancelled. Unusual vignette at top center showing three miners working a drill into the surface. Second vignette at the bottom right showing miners lowering a windlass to other miners working underground. Printed by Henry Siebert & Bros. 25 cent revenue stamp attached lower left. Folds, very fine. This company is likely related to the New York & Austin SMC, the Plymouth SMC, and the New York & Boston SMC; all New York financed mines in Reese River at Austin. They leased the Troy Mine on Lander Hill in the gut of the district. It had a 500' deep shaft in 1869. They produced 26 tons of ore with a yield of $6,500 between January and July, 1869. The mine produced $83,000 through 1877. Not listed in Abbe, Brown, or Ross. [Ref: Raymond 1870]. Thomas Sproull (1803-1892) was a theological professor, editor of the Reformed Presbyterian, and was well respected. His business interests clearly turned to mining but it is doubtful he would have made it out to Nevada. His name would have helped attract money to the company. Uncancelled.

Country (if not USA):
State: Nevada
City/County: Lander County