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Updated: May 2, 2025
Each boleta had a picture, by which the illiterate could ascertain its denomination, viz: twelve and a half cents, a pig; twenty-five cents, a calf; fifty cents, a rooster; one dollar, a horse; five dollars, a bull; ten dollars, a lion. With these "boletas" the hands were paid off every Saturday, and they were currency at the stores, and among the merchants of the country and in Mexico.
Silver bars form rather an inconvenient currency, and necessity required some more convenient medium. We therefore adopted the Mexican system of "boletas." Engravings were made in New York, and paper money printed on pasteboard about two inches by three in small denominations, twelve and one half cents, twenty-five cents, fifty cents, one dollar, five dollars, ten dollars.
When a run of silver was made, anyone holding tickets could have them redeemed in silver bars, or in exchange on San Francisco. This primitive system of greenbacks worked very well, everybody holding boletas was interested in the success of the mines; and the whole community was dependent on the prosperity of the company. They were all redeemed.
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