27th Oct, 2022 14:00

Coins & Banknotes - Live Online

 
  Lot 20
 

20

Real Del Monte Mining Company, Subscription on Four Shares, 1840.

Real Del Monte Mining Company, Subscription on Four Shares, 1840, to John Saunders Esq., printed by Arthur Taylor, 3 Coleman Street and numbered 10541-10544.

* The silver mines surrounding Real del Monte were the source of more than half the silver produced during the 300 years that Spain rule Mexico (1521–1821). By 1824, however, they were in bad condition and were bought by a group of English investors. To get the mines working again, the investors formed the Company of the Gentlemen Adventurers in the Mines of Real del Monte, and recruited more than 130 miners and engineers from Cornwall. When they arrived a year later in Veracruz, some never got any further, falling victim to an outbreak of yellow fever. It took the others more than a year to reach Real del Monte, hauling their Cornish steam engines through marshes and rainforests with the help of donkeys. The famous engines were used to drain the water in the Cornish mines and would do the same job in Mexico. The mines in Pachuca and Real del Monte (officially Mineral del Monte since 1869) had long been flooded and badly needed modernising. These Cornish technicians and their machines were able to fulfill both requirements. The first wave of Cornish miners and engineers were followed by many others. In the 1830's and 1840's, up to 350 were working in the surrounding mines. They were recruited through family networks with most coming from the towns of Camborne, Redruth and Gwennap. While some eventually returned to England, others chose to remain in Mexico.

Please find the full article on the Real Del Monte Mining Company here

This is a 'live online' auction - you can bid from the comfort of your own home using our free live bidding service.  Condition reports and additional condition report images can be requested and seen in the 'Condition Report' tab below if present.

Sold for £130


 

Auction: Coins & Banknotes - Live Online, 27th Oct, 2022

This sale features a stunning selection of high-grade gold and silver coins, ranging from historic Sovereigns through to proof modern Royal Mint collectable issues such as the much sought after 1989 Royal Mint, Gold Proof Double Sovereign, 500th Anniversary of the First Gold Sovereign 1489-1989 and the 2020 Royal Mint, UK Five-Ounce Silver Proof Coin, Great Engravers II - The Three Graces together with many more sensational Royal Mint gold and silver proof sets.  Foreign gold coinage is also strongly represented with many beautiful American high-grade gold coins as well as gold coins from South Africa and Austria.

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