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Great Pair of Consolidated Gold Mining Company Stock Certificates

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:250.00 USD Estimated At:500.00 - 1,000.00 USD
Great Pair of Consolidated Gold Mining Company Stock Certificates
SOLD
325.00USD+ (81.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 17 @ 11:08UTC-7 : PDT/MST
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Numbers 589 and 590 issued to Samuel S and Elizabeth Swift Shippen in 1883. Both for 1,000 shares. 12 x 7.5". Condition on both is generally fine. Very few minor issues. Although no large vignette, this stock is still pleasing to the eye. The major mines that this company worked included the Bast Mine and the Ivey Mine. Bast Mine: "Looking southeast from the neighborhood of the public square in Dahlonega, the attention is arrested by a large open cut, running along the north side of Findley Ridge, near its top. This cut is on the east side of lot i,oj5, 12th district, its east end stopping abruptly, about the middle of the north and south lot-line, between this and the Findley mine lot, No. 1,048. This cut constitutes what is known as the Bast mine, named for Mr. Emanuel Bast, of Ashland, Penn., one of it former owners and operators. The cut is 650 feet long by about 60 feet wide. Its south wall is about fifty feet high, and its north wall, about twenty feet, in the present condition of the cut ; though, in places, the original bottom is said to be covered, by about twenty feet of debris." This was one of the best mines in Georgia in the 1800's. [Yeates] Ivey Mine: "...runs Stover's branch, which empties into Cane creek, not far away. The discovery of a rich, gold-bearing gravel-bed, along this branch, about 1840, was the beginning of the fame of this well-known mining property....Soon after the discovery of gold, 500 men were working in this branch, at one time; and the yield, for one day, along the whole course of the stream, is known to have been 6,000 dwts." [Yeates] Other mines they worked in the 1900's included the Hand, Yahoola, Mary Henry, and Denning. Samuel S and Elizabeth Swift Shippon were brother and sister. They funded the Pottsville Hospital in Pennsylvania coal country. (Al Adams Gold Rush Memorabilia Collection) Date: 1883 Location: Dahlonega, Georgia HWAC# 56976