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1811 Pennsylvania Wine Stock Certificate (107804)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:250.00 USD Estimated At:500.00 - 750.00 USD
1811 Pennsylvania Wine Stock Certificate  (107804)
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Wow! Very early wine stock certificate! No. 363, issued for one share to Joseph Warner on May 23rd, 1811 in Philadelphia for "promoting the Cultivation of Wines in Pennsylvania." Signed by president Hugh Ferguson and the treasurer (illegible). Not cancelled. Notations on reverse. 6.75 x 7.5" Age discoloration. According to "Pennsylvania Wine: A History" by Cattell & McKee, these stocks were issued by the Pennsylvania Vine Company by Frenchman Pierre Legaux to raise money after an 1793 act passed by the Pennsylvania legislature. His vineyard was on 206 acres on land located 13 miles north of Philadelphia at Spring Mill.

Provenance:
Country (if not USA):
State: Pennsylvania
City/County: Philadelphia
Date: 1811