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Auction: 22143 - Bonds and Share Certificates of the World - e-Auction
Lot: 284

Great Britain: Welsh Iron & Coal Mining Company, £25 share, £5 paid, 1825, #5370, black, 4 pages, further installments recorded on inside. The company was floated with the large capital of £250,000 and acquired four Denbighshire / Flintshire iron works: Aberderfyn, Coed Talon, Leeswood, and Llwyneinion. The company was short lived, failing in 1829 at the same time as managing partner and major shareholder Thomas Jones was declared bankrupt. Indication that there was un-ethical practice and poor management to blame. Coal was mined at this location in following years, but most likely by a new company. GVF.

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Estimate
£80 to £100

Starting price
£60