Tuesday, April 25, 2017

Internet Scripophily Museum of Computing in the making

I've been blogging about computing before on this site. Click the label computers in the left margin to find some related content. There is so much to reveal on this field of scripophily. Yet, the nature of a "general" blog like this one doesn't lend itself very well for providing much information at one time. That is why I decided to set up a dedicated website.

Intel Corporation, specimen bond certificate from the 1980s
Intel Corporation, specimen bond from 1980
Intel is known as a maker of semiconductor chips and became famous 
for its microprocessors like the 8086, 80386, Pentium and Itanium. 
The organization also made early microcomputer kits and since the 1980s supercomputers.


The ISMOC project is about scripophily and computer history. ISMOC stands for Internet Scripophily Museum of Computing. That's right. I'm working on a virtual museum of historical securities from organizations involved in digital computers. Though still in an early stage, you can have a look there

So far the following entries have been put online :
  • organizations
    • Addressograph-Multigraph Corporation
    • Gould Inc.
    • Idaho Maryland Mines Corporation
    • International Business Machines Corporation (IBM)
    • PolyComputers Inc. 
  • people
    • Cary, Frank Taylor
    • Opel, John Roberts
    • Ylvisaker, William Townend
ISMOC has a Site History page informing about further developments. You can also follow along on Twitter, here.


Some concepts in scripophily can not be illustrated with a single image. Here is a video showing an Intel specimen bond and a production model for a stock certificate, both from the Security-Columbian US Banknote CorporationA specimen is a printed sample of the real thing. An example of that is shown at the right. The item on the left is a production model for a possible design of an Intel stock certificate. Designers of securities used to cut up portions of existing engraved items such as company logos, vignettes, scrollwork, borders, titles, corporate seals, text, et cetera.These items were then reapplied (pasted) in a different design, a new model. When the model was accepted, a proof, basically a printed prototype, could be printed.


In the video you will notice a transparant plastic overlay on the production model. That overlay also contains printing elements. In this case, it contains a standard 'CERTIFICATE OF STOCK' line. The overlay simulates the underprint for the main certificate text. In case the text changes, like in the case of a bond, only the overlay needed to be changed to 'REGISTERED'. 
At the end of the video, I focus on the facsimile signature of Intel's Chairman of the Board. Ever heard of Moore's law. Yep, that's the man. When working as R&D Director at Fairchild Semiconductor, Gordon Earle Moore observed that the number of electronic components in an integrated circuit would double every year. Later he revised the forecast to every two years. 

It will take me several years to complete the ISMOC project. Frankly I hope this turns out to be a neverending story. This is a scripophily venture that will take me on a worldwide journey through modern times. Will you join me on the ride once in a while ?


F.L.

Signed the Guest book yet ?

Related links

Monday, April 17, 2017

HWPH auctions scripophily from Albert Pick

Das Historisches Wertpapierhaus (HWPH) offers over 2,400 lots of historic securities in two upcoming auctions. The sale includes a section of bond and share certificates, promissory notes and checks which were collected by numismatic pioneer Albert Pick (lots 896 through 927).

From the Albert Pick collection :
6% 100 soles government bond, 1875, Lima Peru
The sol was introduced in 1863 when Peru completed its decimalization.
It replaced the real at a rate of 1 sol = 10 reales.
 

Albert Pick (1922-2015) is the most famous numismatist in the field of banknotes. He started collecting banknotes as a child. In 1964 Pick had assembled 180,000 banknotes, a collection he gave to the Bayerische Hypotheken- und Wechselbank. In exchange for that, the bank appointed him curator of the collection. Since then, and having lots of material at his disposal, Pick started to write books and paper money catalogs. The first edition of his Standard Catalog of World Paper Money was published in 1975 and is used all over the world. It assigns every banknote issued the well-known 'Pick number'.


Auction details

  • Dates & location
    • HWPH Auction 45 (lots 1-927): 29 April 2017, Würzburg
    • HWPH Auction 46 (lots 928-2425): 1 May 2017, Internet only
  • More info 

F.L.



Thursday, March 30, 2017

Spink US April 2017 auction

Spink US schedules its next Numismatic Collector's Series Sale next week. Amid hundreds of coins, medals, militaria and banknotes nearly forty lots of stocks and bonds are ready for a new keeper.

Now take auction lot 935 which consists of a scarce trio of Central Railroad Company of New Jersey bonds. Coxrail tells us that these types are not known as issued examples. The Central Railroad of New Jersey (CNJ) with origins in the 1830s became known after WW II as the Jersey Central Lines. Over the years, the business grew into a Class I railroad company. In 1911, when the Interstate Commerce Commission classed railroads by their annual gross revenue, Class I railroads had an annual operating revenue of at least $1 million. 


The Central Railroad Company of New Jersey $50,000 General Mortgage 4% 100 Year Gold Bond specimen printed by American Banknote Company
The Central Railroad Company of New Jersey
$50,000 General Mortgage 4% 100 Year Gold Bond, 1887
specimen printed by American Banknote Company
part of lot 935 in the auction
click image to enlarge

In 1929 CNJ introduced The Blue Comet, a train designed to provide passengers with a luxurious accomodation and service. Capable of doing 100 miles per hour, this train catapulted its passengers from Jersey City to Atlantic City in three hours. A frequent rider of the Blue Comet was toy manufacturer Joshua Lionel Cowen. Admiring the train's elegance, beauty, speed and power, Lionel offered a popular standard gauge model of the train in 1930.


Details of the auction
  • Dates: 4 & 5 April 2017
  • Location : New York
  • More info : see here 


F.L.