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Lumpkin Chestatee Mining Stock [173273]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 800.00 USD
Lumpkin Chestatee Mining Stock    [173273]
SOLD
200.00USD+ (50.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Dec 10 @ 10:43UTC-8 : PST/AKDT

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Issued 1868 Lumpkin Chestatee Mining stock with brown revenue stamp and miners working a sluice. The Georgia gold rush began about 1828, long before the California gold discovery, and continued until about 1835, and on and off since that time. It did show the country that gold could be found, and created a batch of Georgia miners who ventured west to find their fortunes. A US Mint branch also operated in Dahlonega. It was established by a Congressional Act in 1835. The branch mint soon opened for business, producing gold coins only from 1838-1861. Half eagles ($5 gold), quarter eagles ($2.50 gold), and gold dollars were minted for the first time in 1838, 1839, and 1849, respectively. The only issuance of the rare three dollar gold piece occurred in July 1854. The mint struggled mightily in difficult circumstances, which included the mint's remote location, the declining deposits of gold, and the ever-changing political climate. The beginning of the Civil War saw the end of the Dahlonega Mint's brief history as a United States coining facility. Lower left corner chip, creases. Dahlonega Georgia Herzog Collection