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Very Early 1833 Gold Mining Stock Certificate: Mecklenburg

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:350.00 USD Estimated At:700.00 - 1,500.00 USD
Very Early 1833 Gold Mining Stock Certificate: Mecklenburg
SOLD
600.00USD+ (150.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 17 @ 16:55UTC-7 : PDT/MST
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The Mecklenburg Gold Mining Company was a very historic mine as it was located on the very spot where gold was discovered in North Carolina in 1825. 4 x 5.5". One horizontal fold with the slightest rip at left side. No other edge issues, discoloration, etc. Number 44 for 2 shares to Lewis Vernon. Signed by secretary (?). One of the earliest - if not the earliest - American Gold Mining Stock Certificate. Incorporated in New Jersey. Samuel McComb was the first to discover gold in Charlotte striking his find in 1825 just west of Irwin Creek near the present-day intersection of Morehead and Graham Streets. He soon after founded the Capps Hill and McComb Mines, but these did not rival Rudisill (gold found there in 1826) and Saint Catherine in size, production, and length of operation. Outside investors, first Count Vincent de Rivafinoli and later Englishman John Penman, leased Rudisill and Saint Catherine in 1830 and consolidated them into the Mecklenburg Gold Mining Company. Their investment and influence helped convince the federal government to locate a branch U.S. mint in Charlotte in 1835. The Europeans introduced to the North Carolina gold mining industry the latest technology such as Chilean mills, arrasta mills, steam engines, flotation mills, fully equipped laboratories, and stamp mills. Costs of operation rose as digging extended below the water table requiring pumping and ventilation. Operation was sporadic after 1848. Rudisill was among the few mines operated during the Civil War. It was reopened from 1880-1887, 1905-1908, and 1935-1938. The last work at Saint Catherine was done in 1887. [North Carolina Historical Highway online website] (Al Adams Gold Rush Memorabilia Collection) Date: 1833 Location: North Carolina HWAC# 57086