Sunnyside Gold Mining Co. of California - 1890's dated California Mining Stock Certificate
Inv# MS2262 StockMaine
Massachusetts
Stock with gold seal. Gold became highly concentrated in California, United States as the result of global forces operating over hundreds of millions of years. Volcanoes, tectonic plates and erosion all combined to concentrate billions of dollars' worth of gold in the mountains of California. During the California Gold Rush, gold-seekers known as "Forty-Niners" retrieved this gold, at first using simple techniques, and then developing more sophisticated techniques, which spread around the world.
Geologic evidence indicates that over a span of at least 400 million years, gold that had been widely dispersed in the Earth's crust became more concentrated by geologic actions into the gold-bearing regions of California. Only gold that is concentrated can be economically recovered. Some 400 million years ago, rocks that would be accreted onto western North America to build California lay at the bottom of a large sea. Subsea volcanoes deposited lava and minerals (including gold) onto the sea floor; sometimes enough that islands were created. Between 400 million and 200 million years ago, geologic movement forced the sea floor and these volcanic islands and deposits eastwards, colliding with the North American plate, which was moving westwards. Read more at https://en.wikipedia.org/wiki/Gold_in_California
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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