The Bradley Find: Scripophily of Nevada Mining Venture

11 May 2014 of IBSS Webmaster

Summary: A newly-discovered cache of Nevada Territory stock certificates is described, its backstory a microcosm of the “mining mania” that swept the Pacific Coast in the early 1860s, exemplifying and illustrating: the willingness of ordinary citizens, not simply to invest, but to form their own companies to promote and develop mines in remote regions hundreds of miles distant; the use of carefully chosen company names and beautiful certificates to promote stock sales; the selective entry of Eastern capital into Western mines circa 1865; the conflicts arising from development of closely spaced lodes, and their resolution, not by law or logic, but by purchase of the weaker claimant by the stronger.  Read the whole article as pdf.

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