ktbi
Well-Known Member
I copied this from the Holabird-Kagin website. I don't recall seeing an arrangement like this before and not sure if I would participate, but I did find it interesting and thought I would share it.....Ron
Cerro Gordo
We have been working with property owner Mike Patterson on an exclusive plan to allow limited archaeological work in the location of antique bottles on his private property at Cerro Gordo in Inyo County, California, the site of an important mining camp from the late 1860's to about 1920, with its heyday in the mid 1870's when more than 1000 people lived there. Some of the rarest and most expensive whiskey bottles every discovered came from this location, including the famous California Club House and Miller's fifths. The proposal is for an advance minimum royalty payment of $1000 to Mike, which is badly needed for the upkeep of this historic mining camp. Participants can take an active or passive roll in the project, that is one can participate passively by making the advance minimum royalty payment and coming out and watching and later sharing in the dividends of sold bottles. Diggers will be supervised by Patterson, and all finds will be gathered and placed in the historic Cerro Gordo Hotel, tallied by participant. Cerro Gordo will keep 50% of the proceeds, which may include some bottles. The remaining 50% will be sold and split proportionately by the participants. A formal agreement is in preparation. This is an exceptionally exciting new development. Cerro Gordo is one of the last privately held ghost towns, and Mike has agreed to open part of his property to properly carefully supervised digs. There are no accommodations on the property because of the lack of water. Lone Pine is within an hour's drive. Call us if you have an interest. 775-852-8822
Cerro Gordo
We have been working with property owner Mike Patterson on an exclusive plan to allow limited archaeological work in the location of antique bottles on his private property at Cerro Gordo in Inyo County, California, the site of an important mining camp from the late 1860's to about 1920, with its heyday in the mid 1870's when more than 1000 people lived there. Some of the rarest and most expensive whiskey bottles every discovered came from this location, including the famous California Club House and Miller's fifths. The proposal is for an advance minimum royalty payment of $1000 to Mike, which is badly needed for the upkeep of this historic mining camp. Participants can take an active or passive roll in the project, that is one can participate passively by making the advance minimum royalty payment and coming out and watching and later sharing in the dividends of sold bottles. Diggers will be supervised by Patterson, and all finds will be gathered and placed in the historic Cerro Gordo Hotel, tallied by participant. Cerro Gordo will keep 50% of the proceeds, which may include some bottles. The remaining 50% will be sold and split proportionately by the participants. A formal agreement is in preparation. This is an exceptionally exciting new development. Cerro Gordo is one of the last privately held ghost towns, and Mike has agreed to open part of his property to properly carefully supervised digs. There are no accommodations on the property because of the lack of water. Lone Pine is within an hour's drive. Call us if you have an interest. 775-852-8822