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Walnut Grove Gold Mining Co. Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Walnut Grove Gold Mining Co. Stock Certificate
SOLD
100.00USD+ (25.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Jun 23 @ 15:56UTC-7 : PDT/MST
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Very early Virginia mining stock! The Walnut Grove Mine was located on the Gold-Pyrite Belt in Louisa County, Virginia. Inc. in Virginia, March 14, 1850. No. 40, issued for 5 shares to Joseph Mather on Feb. 6th, 1851. Signed by president William Budd and treasurer W. Couper. Not cancelled. Plain design with ornate border. Wavy cut on left border. Folds, toning, as would be expected for a 170 year old stock! 7.5 x 7.75" This mine deposit was discovered in 1845 by George Fisher. Gold ming began in Virginia in the early 1800s with placer mining followed by lode mining. Production diminished after the start of the California Gold Rush and then the Civil War. Union soldiers even damaged Southern mines to hurt the economic base of the South. The Virginia Gold-Pyrite belt is a line that runs northeast to southwest through the counties of Fairfax, Prince William, Stafford, Fauquier, Culpeper, Spotsylvania, Orange, Louisa, Fluvanna, Goochland, Cumberland, and Buckingham. Date: 1851 Location: Louisa County, Virginia HWAC# 62807