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Placer District,ID - Boise County - July 16, 1864 - Great Cons. Boise River GSMC Stock Certificate *

Currency:USD Category:Collectibles / Documents Start Price:200.00 USD Estimated At:400.00 - 800.00 USD
Placer District,ID - Boise County - July 16, 1864 - Great Cons. Boise River GSMC Stock Certificate *
Simple black border and print. Vignette of river through mountains. There is a man pushing an ore car on track outside tunnel at right, and a man with a horse and carriage approaching a bridge at the center. Incorporated Oct. 14, 1863. Issued to Michael Herr for 25 shares. Boise River GSMC took over the Pioneer on Granite Creek. The Pioneer was the first Quartz mine on the creek and "the poorest rock in the Pioneer assayed $62/ton." The best ore classes brought in $6,000-20,000 a ton at the time. Pioneer City, the location of the mine, began in 1862 after a group of six prospectors from Walla Walla worked their way to the area. One man (Grimes) was killed during the journey. The party returned to Walla Walla and formed a group of 52 men to prospect the area. They arrived to the then named Grimes Creek area on Oct. 10, 1862. A substantial fort and corral were built at the site. By Jan. 1, 1863, 2000-3000 people had arrived for the operations that would begin in the spring. $18/day was a common wage for workers [Bancroft, 1890, 429]. Fine. 4.5" x 10".