The U.S. & Ancients Coinage Auction
October 2, 2000

Stocks & Bonds

Lot 556 Click on Picture to Enlarge
Montezuma Mine and Milling Company of Arizona. 1881, Ten Shares. The Mine was either located at Vulture or Prescott mining districts. An important certificate from this famous Company. Uncancelled, Very Fine.
Estimated Value $75-150.

Lot 557
Municipal Bonds from the State and Territorial Idaho 1867-1926. (1) 1867 Idaho Territory, $427.75, 12% Bond. Very Fine (3) School District Bonds (1903-1904) Very Fine (1) City of Nampa $1000 Bond, Extra Fine. Total number of bonds in lot 5.
Estimated Value $50-100.

Lot 558 Click on Picture to Enlarge
Municipal Bonds from the State of Nevada 1865-1943. Bonds from the State of Nevada issued by the State, Counties, Cities (including Virginia City), University, Hospital, and Irrigation district. Many of the bonds are of the 1870s-1880s vintage. All bonds are cancelled. Lot should be inspected prior to bidding. Total number of bonds in lot 13.
Estimated Value $1,000-2,000.

Lot 559 Click on Picture to Enlarge
Penn-Yan-Mining Company, 18--, Gold American Coins. 18--, Montana. Unissued certificate. The vignette at top is of eight coins; seven are colored in shiny gold and one in silver. Almost Uncirculated.
Estimated Value $200-300.

Lot 560
Petroleum Industry Stocks. (4) Stocks related to the petroleum industry.
Estimated Value $10-25.

Lot 561
Rail Road Assortment 1849-1928. (23) Stock Certificates from many different railroads. Some famous and some not so famous, but a good assortment. Lot contains 23 stocks.
Estimated Value $300-600.

Lot 562
Railroad Lot Consisting Of Bonds And Stocks From All Over The United States. Nice lot of bonds and stock certificates from all over the country. Nice mixture for the collector or dealer. Take the time to inspect this lot. Total in lot 19.
Estimated Value $1,000-2,000.

Lot 563 Click on Picture to Enlarge
Rare 1863 Washington Territory Transportation Stock. 1863, Washington Territory, 1 Share of the Columbia Transportation Company. A rare example of this certificate that is unlisted in the Cox book. Very Fine or a bit better, uncancelled.
Estimated Value $200-400.

Lot 564
Rare 1863 Washington Territory Transportation Stock. 1863, Washington Territory, 1 Share of the Columbia Transportation Company. Very Fine or a bit better, uncancelled.
Estimated Value $200-400.

Lot 565
Rare and Early Idaho Territory Gold & Silver Mining Company - 1864 "One Foot To A Share". A very rare certificate on the Daly Gold and Silver Mining Company. "Placer District, Boise Co., Idaho Terr." Very Fine with tight margin on left side.
Mining Laws: Feet Versus Shares

The difference between stock issued in "feet" and those in "shares" is a topic that was difficult for investors to comprehend in the 1860s, and still a complex issue for today's historians. Stocks denominated in feet seem to have first appeared in the 1850s in a few California mining regions, and became law only in those districts. By 1864, however, the practice clouded the whole issue of corporate ownership. If a mine owned 1,500 feet along a lode, and company sold 150 ten-foot sections, then there could only be 150 owners. Sometimes, it was rumored, such a mine would sell 300 ten-foot sections of a 1,500 foot claim, thus overselling the property. What were the stockholders' rights? Which ten feet did they own?

To tackle this issue, California mining laws addressed the companies as partnership. Each partner had the same rights as any other partner in proportion to the share to the share of the company that he owned. Each partnership, when certain conditions were met, were companies or corporations and thus subject to certain laws of the state. Corporations which tried to slide through legal loopholes by using feet instead of shares were treated equally to other companies, and the practice was soon dropped.

Ref: Nevada Mining Stock Certificates and Bonds by Douglas McDonald and Fred Holabird.
Estimated Value $125-250.

Lot 566 Click on Picture to Enlarge
Rare Greenwater California Mining district stock. (1) 1906, 100 shares, Greenwater Saratoga Copper Company stock certificate. The Greenwater mining district is located just outside of Death Valley, California.
Estimated Value $75-150.

Lot 567
Republic of Texas 1841 $100 Bond. Cut cancelled with a few pieces missing, this bond help fund the early government of the Republic of Texas.
Estimated Value $150-300.

Lot 568
Revenue Stamped Stocks & Bond. (3) Stock Certificates with revenue stamp imprint. (1) Bond with a revenue stamp imprint. Total in lot 4.
Estimated Value $150-300.

Lot 569
Scarce California Turnpike Stock Certificate 1870s. California turnpike stock certificates are just plain rare. This turnpike was located in Trinity County, California. There are only 13 miles of rugged mountainous land that separated these two towns. The next largest town is Shasta that is just east of Lewiston. Unissued, and Uncancelled.
Estimated Value $100-200.

Lot 570 Click on Picture to Enlarge
Scarce United States Freehold Land & Emigration Company. Charted by Congress & Sold in Belgium. 1871, 1 Share. A very scarce certificate. Uncancelled, Fine.
Estimated Value $100-200.

Lot 571 Click on Picture to Enlarge
Steam Boat and Ferry Company 1889. (1) 1889, 20 shares, Camden and Philadelphia Steam Boat and Ferry Company. Punch cancelled, Very Fine.
Estimated Value $100-200.

Lot 572 Click on Picture to Enlarge
Stock Certificates from Tonopah and Goldfield Railroad Company. (5) Unissued stock certificates from this famous Nevada railroad. All are uncirculated, bright, and very attractive. Total in lot 5.
Estimated Value $100-200.

Lot 573
Stock Certificates with Great Mining scences. (14) mostly gold mining stock certificates. This lot is a must see to appreciate this lot. Cancelled, Uncancelled, remainder. Very Fine to Almost Uncirculated.
Estimated Value $500-750.

Lot 574
Telecommunications Certificates. (4) Telecommunications Certificates, including The Mexican Telephone Company and American Telegraphone Company.
Estimated Value $15-25.

Lot 575 Click on Picture to Enlarge
Tombstone Mill & Mining Company 1885. Issued for 9 shares in 1885. "Location of property, Tombstone District, Pima County, Arizona." One of the prettiest stock certificates ever made by the American Bank Note Company.
Estimated Value $200-300.

Lot 576
Traction, Electric, Street, and interurban Railway Company Certificates. (20) Stock certificates from all over the county. Most show vignettes of interurban passenger cars. Grades range from Extra Fine to Fine.
Estimated Value $200-300.

Lot 577 Click on Picture to Enlarge
Twin Falls North Side Specimen Bond by American Bank Note Co. (1) 1907, $500 Gold Bond with a vignette of the falls. Specimen. Extra Fine.
Previously lot 5671 of R. M. Smythe Eighth Annual Strasburg Sale.
Estimated Value $500-1,000.

Lot 578
Utah Territory Mining Stocks - 1873-1890. (1) 1889, 100 Shares, Park City Mining Company of Utah Territory, Extra Fine, Cancelled (1) 1890, 700 Shares, Park City Mining Company of Utah Territory, Extra Fine, Cancelled (2) 1873, 100 Shares, Victoria and Imperial Tunnel and Mining Company, San Francisco, California "Little Cottonwood Utah Territory", Fine to Very Fine, Cancelled (1) 1881, 50 Shares, The New Bedford Silver Mining Company, "Forever Unassessable" is printed on the back, yet we note that there is an "Assessment No. 1 Paid" stamp on the back. Extra Fine, Uncancelled. Total number in lot 5.
Estimated Value $250-500.

Lot 579 Click on Picture to Enlarge
Virginia & Truckee Rail Road Bond Paying 10% Interest, Signed By Famed Silver Baron Wm. Sharon. (1) 1874, $1000 V&T bond signed by one of the "Silver Barons," William Sharon. Very Fine, Cancelled.
Estimated Value $200-400.

Lot 580 Click on Picture to Enlarge
Wilmington & Northern Railroad Bond Signed By Henry A. DuPont. (1) 1887 $500 bond from the Wilmington & Northern Railroad Company signed by Henry A. DuPont. Very Fine, Uncancelled.
Col. Henry A(lgernon) DuPont (1836-1926) Grandson of Eleuthere Irenee DuPont (originator of the gunpowder fortune); won medal of honor for action at Cedar Creek during the Civil War; U.S. Senator (R-DE, 1906-1917).

Ref. Terry Cox.
Estimated Value $100-200.