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V21 2018 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 21, Number 10, March 11, 2018, Article 24

EARLIEST KNOWN AMERICAN GOLD CERTIFICATE

Here's a very interesting lot in the upcoming Holabird Gold Rush sale that the auctioneer describes as "Likely the Earliest Known American Gold Certificate: North Carolina Gold-Mine". I've taken the following text from the lot description and a promotional email for the sale. -Editor

North Carolina Gold-Mine certificate

Enter the discovery of a gold nugget in North Carolina in 1799. It took fully 29 years before substantive gold discoveries were made in Georgia and North Carolina. Here is the amazing part: these discoveries were made from good-old American ingenuity. Not one single miner had an education in mining in Europe. As far as is known, not a single man in the Georgia, North Carolina gold rush had been a miner. These men developed the ability to look for gold and mining systems on their own in the American wilderness, a marvelous feat of accomplishment - a true iconic part of American ingenuity at its best.

This is the very earliest beginning of the commercialization of gold in America. "Be it known that Daniel Carroll of Duddington Esquire" has purchased 161 shares on November 5, 1807. Signed by president J Weeny(?). This is the Reed Gold Mine - the mine that started the first gold rush in America. Around 1805, only a few years after Conrad Reed's discovery, newspapers began reporting on gold-mining activities and people coming into the area to search for gold. William Thornton, of Baltimore, Maryland, designer of the United States Capitol, was one of these seekers. After learning of the gold, he purchased thirty-five thousand acres of land in Montgomery (now Stanly) County and formed the North Carolina Gold Mine Company. By 1806, investors in this company included a former governor of Maryland and the treasurer of the United States.

To read the complete lot description, see:
Likely the Earliest Known American Gold Certificate: North Carolina Gold-Mine (https://holabirdamericana.liveauctiongroup.com/Likely-the-Earliest-Known-American-Gold-Certificate-North-Carolina-Gold-Mine_i29371876)

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Wayne Homren, Editor

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