Virginia Coal and Iron Co. - 1923-51 dated Mining Stock Certificate
Inv# MS1842 Stock
Stock printed by Security Bank Note Co. Phila. Available in Rust or Orange. Please specify color. Coal mining is the process of extracting coal from the ground or from a mine. Coal is valued for its energy content and since the 1880s has been widely used to generate electricity. Steel and cement industries use coal as a fuel for extraction of iron from iron ore and for cement production. In the United Kingdom and South Africa, a coal mine and its structures are a colliery, a coal mine is called a 'pit', and the above-ground structures are a 'pit head'. In Australia, "colliery" generally refers to an underground coal mine.
The history of coal mining goes back thousands of years, with early mines documented in ancient China, the Roman Empire and other early historical economies. It became important in the Industrial Revolution of the 19th and 20th centuries, when it was primarily used to power steam engines, heat buildings and generate electricity. Coal mining continues as an important economic activity today, but has begun to decline due to the strong contribution coal plays in global warming and environmental issues, which result in decreasing demand and in some geographies, peak coal. Read more at https://en.wikipedia.org/wiki/Coal_mining
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. Iron ore mining methods vary by the type of ore being mined. There are four main types of iron ore deposits worked currently, depending on the mineralogy and geology of the ore deposits. These are magnetite, titanomagnetite, massive hematite and pisolitic ironstone deposits. Read more at https://en.wikipedia.org/wiki/Iron_ore#Sources
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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