Penn-Yan-Mining-Co. - Unissued Stock Certificate
Inv# MS1044 Stock
Mining Stock. Superb vignette of gold & silver coins. A scarce & very popular state. Unissued. Exceptional!!! Some signed by president.
The Penn Yan Mining Company was headquartered in Helena, Montana, with its mines at Wickes. The mines at Wickes, MT produced $50,000,000 in gold and silver before operations ceased in the early 1890’s. Records show the business ran from 1888 to 1892. Vignette that contains the reverse and obverse of US Coins, all dated 1876.
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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