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American River Water & Mining Co. Stock Certificate 106787

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:300.00 USD Estimated At:600.00 - 1,200.00 USD
American River Water & Mining Co. Stock Certificate  106787
SOLD
200.00USDto C*****r+ buyer's premium (50.00)
This item SOLD at 2019 Oct 06 @ 11:03UTC-7 : PDT/MST
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Rare Gold Rush location! No. 18. Dateline Mormon Island, December 1st, 1854. Issued to Clark Simons for 3 shares. Signed by president and secretary Eliason. Pen cancelled. Vignette of Mercury figure. Lith. Britton & Rey. Folds, small tear on right side. 5 x 9.25" Mormon Island was located on the South Fork of the American River, three miles from the junction with the North Fork. It was actually a sand bar, not an island. According to Gudde, it was the first regular gold camp after the discovery at Sutter's Mill.Two Mormons discovered gold at the spot on March 2, 1848. Gudde argues that the findings at this place actually started the Gold Rush. It is now under Folsom Lake. The American River Water and Mining Company was formed in 1854 to build a ditch to divert water from the North Fork of the American River. The North Fork Ditch was dug from 1854-1856, and provided water for drinking, irrigation and mining operations to areas that are near Folsom. City: Mormon Island State: California Date: 1854