2461

Fifty-One Union Mining Company Stock, Virginia, Placer County (79704)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 425.00 USD
Fifty-One Union Mining Company Stock, Virginia, Placer County  (79704)
SOLD
70.00USDto b**********7+ buyer's premium (17.50)
This item SOLD at 2020 Jun 26 @ 13:10UTC-7 : PDT/MST
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# 121 for 25 shares to George D Aldrick. datelined Virginia, California 1863. Signed by secretary William H Hunt and president Geo. Glass. Incorporated March 13, 1863. Printer HS Crocker. 25c US Certificate Revenue Stamp. Uncancelled. No edge, corner, discoloration or pin hole issues. Vignette, showing a miner with a pick axe, in front of a mine entrance. And another of a woman at left. A red brown 25 cent “Protest” Internal Revenue stamp is affixed. Printed by H.S. Crocker & Co., Sacramento. Virginia (or Virginia town) was founded in June 1851. The want of water during the dry season retarded the work of miners for two or three years subsequent, which was finally remedied by the introduction of water by the same canal which conveyed water into the Gold Hill district. In 1853, a company of miners built a railroad track from Virginia Hill to the Auburn 'ravine, for the transportation of ore. This road was certainly the pioneer railroad of Placer, if not the first laid down in the State for any purpose. The work was finally abandoned by the company, and its labor was redirected towards the introduction of water, through canals, direct to the tops of the various hills lying in and composing the Virginia district. [Ref: Bancroft]

Provenance: Ken Prag Collection
Country (if not USA):
State: California
City/County: Placer County
Date: 1863