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Hearst shares in Homestake Mining Co.

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Copyright © The Wentzell Revocable Gem Trust
 
 

Hearst shares in Homestake Mining Co.

Copyright © The Wentzell Revocable Gem Trust  - This image is copyrighted. Unauthorized reproduction prohibited.

Shown is an original cancelled Certificate for 100 shares in the Homestake Mining Company from 1926. The shares were owned by the Hearst Estate Inc. The mine was discovered in 1875 and was purchased by George Hearst, Lloyd Tevis, and James Haggin from the original claimants in 1877. Hearst and his partners then formed the Homestake Mining Company and sold shares. In 1879 the Homestake Mining Company was listed on the New York Stock Exchange ("NYSE"). When the mine closed in 2002 it was reportedly the largest and deepest underground gold mine in North America, and the Homestake Company was one of the longest-listed stocks on the NYSE. Although early certificates appear to be more "valuable" in the collector's market, I have never seen one with the Hearst name on it until this one came my way. Certainly an interesting piece of history from this famous mine and company.

This photo has been shown 727 times
Photo added:24th Jan 2014
Dimensions:2286x1494px (3.42 megapixels)
Software:Adobe Photoshop Elements 9.0 Windows
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