Auction: 14017 - Bonds and Share Certificates of the World
Lot: 45
Kimberley Imperial Gold Mining Co. Ltd., £1 shares, Kimberley 188[7], no.1168, signed by Alfred Beit and Siegfried Neuman as Directors, ornate border, blue, Cape of Good Hope revenue stamps on face, increase of capital in 1887 to £74,000 printed in red at left side, good very fine.
The company owned 60 claims, about 40 miles east of Barberton where gold mining activity had begun in 1884.
Alfred Beit (1853-1906), was one of several financiers involved in diamond and gold mining in South Africa. Beit held a position on the board of the De Beers Diamond Company alongside Cecil John Rhodes, the Kimberley mines his main focus where he aided the success of the Kimberley Central Company. Beit also became involved in gold mining in the Transvaal and found success again, later forming the British South Africa Company.
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£85