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Lot 1542: PLACERS HYDRAULIQUES DE JUNCTION CITY, CIE. FR. DES

Auction No.57 of Antique Stocks & Bonds

by Boone Shares - The Scripophily Center

October 29, 2016

Brussels, Belgium

Live Auction
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Description: 20 March 1894 CALIFORNIE. TRINITY/PARIS. Part de Fondateur. brown, buff. No 2258. Hydraulic mining was very unpopular and destructive, and became illegal in California and other states; it has almost ended by the mid-1880s. The technique was to direct very high-pressure hoses of water directly on to a hillside, so that everything waswashed down to the bottom, could be sorted and gold extracted. Junction City, in the Klamath Mountain region of northern California, has been the source of vast amounts of placer gold. Its mining district, Trinity River, has produced some $35.000.000 of gold over the years. The area was settled in 1851. Some of the hydraulicked banks of gravel near Junction City are several hundred feet high. The area still produces gold today.

Condition Report: VF

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