By Key Date Coins
Mar 30, 2022
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
The auction has ended

LOT 1399:

Raleigh-WY Co. Scrip Company Scrip Grades xf+

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Sold for: $20
Start price:
$ 20
Estimated price :
$25 - $100
Buyer's Premium: 20%
Auction took place on Mar 30, 2022 at Key Date Coins
tags:

Raleigh-WY Co. Scrip Company Scrip Grades xf+
Raleigh-WY Co. Scrip Grades xf+. This was once a nice coal camp constructed between 1920 and 1922 by the Raleigh-Wyoming Mining Company. When construction commenced the Virginian Railway had not yet built a branch to the the new mine, so building materials were brought in on an existing narrow gauge logging railroad. Glen Rogers was named after the founder of the Virginia Railway - Henry H. Rogers - and the first car of coal was shipped in June 1922. A 1922 issue of The Black Diamond magazine states that "the town that was planned to be there when the last of the 70,000,000 tons of coal has been shipped, is to be a model community and more of a mountain resort than the average idea of a mining camp." The high water mark of production was 955,000 tons in 1940, and for a time it was the biggest coal producer on the Virginian Railway. The mine closed and the company went bankrupt in 1960.

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