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Gold Sun Mining Company

$35.00

SKU: 7602
Product Details

Beautifully engraved antique stock certificate from the Gold Sun Mining Company dating back to the early 1900's. This document, which is signed by the company Secretary/Treasurer, was printed by Goes and measures approximately 11" (w) by 8 1/4" (h). 

 

Very hard to find piece with a great mining vignette at the upper left side. A mountain river undeprint appears at the bottom center.

You will receive the exact certificate pictured.

    Historical Context

    The Gold Sun Mining Company was incorporated in Nevada on December 1, 1905. The company had properties and offices in Austin.

    The Asutin area was long occupied by bands of the Western Shoshone people. The city of Austin was mapped out in 1862 by David Buell. This was during the American Civil War, and the Union was eager to find new sources of precious metals, especially gold, to support the war effort. The city was named after Buell's partner, Alvah Austin, during a silver rush. The valued metal was reputedly found when a Pony Express horse kicked over a rock and observers noticed the silver. In 1862, it was designated as the county seat of Lander County. (In 1979, after the center of population had shifted, the county seat was shifted to Battle Mountain.) By summer 1863, Austin and the surrounding Reese River Mining District had a population of more than 10,000, mostly European Americans attracted to the silver boom. In January 1864, a petition was created to combine Clifton, Austin and Upper Austin into the "City of Austin." The Governor signed the bill in February 1864. In 1864, the town launched Reuel Colt Gridley's impromptu fundraising drive that raised over $250,000 for wounded Civil War veterans, by repeatedly auctioning a sack of flour.

    The Nevada Central Railroad was built to connect Austin with the transcontinental railroad at Battle Mountain in 1880. However, by that time the silver boom was almost over. The city was disincorporated in 1881. Major silver production ended by 1887, although there was a slight revival in the 1910s. In the mid-1950s there was a great deal of interest in uranium deposits in the area, to fuel the emerging nuclear industry, but the ore proved to be of low quality.

    This company must have been part of the "slight revival" mentioned above, but there is no evidence it ever reached the production stage.