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Auction: 13017 - Bonds and Share Certificates of the World
Lot: 309

Londonderry Gold Mine Ltd., 10/- shares, 189[9], no.2581, attractive piece printed by Waterlow & Sons with vignette of the gold camp at top, very ornate border, blue, somewhat creased with staining at top edge not affacting the design, seal has in the past been reinforced from the reverse and now discoloured, good fine and scarce.

A familiar story with early gold mines in Western Australia. Fantastic ores were found at shallow levels and the mine was soon valued at a huge amount with shares soaring. On further exploration the ores were found to be quite isolated and the shares collapsed just as quickly.

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Sold for
£100