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Argonaut Mill & Mining Co. 1880 antique stock certificate – El Dorado County, Ca

$ 39.57

Availability: 100 in stock
  • Item must be returned within: 14 Days
  • Restocking Fee: No
  • All returns accepted: Returns Accepted
  • Refund will be given as: Money Back
  • Return shipping will be paid by: Buyer

    Description

    Up for consideration is an Argonaut Mill & Mining Co. antique stock certificate from 1880:
    #87
    Issued to John Sproston, Trustee for 500 shares on January 7, 1880
    Location of mines: Georgetown, El Dorado County, California
    Company capitalized at ,000,000: 20,000 shares at 0/share
    Signed by J. S. Fields as secretary and W. B. Davenport as president
    Printer: Britton & Rey in San Francisco
    No folds or tears
    Vignette of the mythical ship Argo which legend had it that Jason sailed with his Argonauts in search of the famous Golden Fleece, owned by the King of Colchis. Black border on light pink paper.
    This mine was active through about 1888. The property had a 10-stamp mill with which they could make a reasonable amount of production to pay the costs of mining and overhead. In 1888, their ore ran out and the mill burned, idling the company. Written up in the 10th Report of the State Mineralogist, CSMB.