Tuesday, December 16, 2014

Archives International Auctions - Hong Kong Winter Auction 2015

Archives International Auctions
Chinese, Asian & Worldwide Banknotes, coins and Scripophily

Hongkong and Shanghai Banking Corporation
1933, Letter of Credit, specimen
See also note below.

This auction contains approximately 50 lots of scripophily

  • Date : 10 January, 2015
  • Place : Hong Kong
  • Further info : see here


The certificate illustrated above is a Letter of Credit, which is a document from a bank guaranteeing that a seller will receive payment as soon as certain delivery conditions have been met. Obviously the use of letters of credit are an important aspect of international trade. Letter of credit certificates belong to the field of scripophily when the latter term is broadly interpreted, see there.
A very interesting case showing the usage of the letter of credit is explained here.

Sunday, December 7, 2014

Digest of scripophily readings XV

New online scripophily articles and references, December 2014

Biografía de las Riquezas de Puerto Rico
Jorge David Capiello-Ortiz tells us a fascinating story about the history of coffee plantations and sugar mills of Puerto Rico.  His Spanish website, Biografía de las Riquezas de Puerto Rico,  (Riches of Puerto Rico) is illustrated splendidly with photographs, coins, bank notes, tokens, post cards, letters and receipts, stereoviews, checks, and ofcourse stocks and bonds from :
  • sugar mills, see here 
  • railways, see there, and
  • banks, see here
As you see, numismatics in the widest sense. Thank you for sharing Jorge !

stock certificate of the Central Aguirre Associates, later renamed into Central Aguirre Sugar Company
Central Aguirre Associates
later renamed into Central Aguirre Sugar Company
100 Common shares, specimen, 1928
double-click image to enlarge
source : Jorge David Capiello-Ortiz
Biografía de las Riquezas de Puerto Rico

The Californian Gold Rush
The first individual gold prospectors tried to build subterranean shafts by manually digging holes into overlying earth, as into a hillside. The shafts seldom reached deeper than one or two meters. This technique was called ‘coyoting’ after the coyote that tunneled his way into the ground in a similar manner. No stocks or bonds, but coins and pictures illustrate this three-part series of articles about the Gold Rush in California written by Ursula Kampmann from CoinsWeekly | MünzenWoche  :
  • part I : the first gold finds, news reaches the east, the voyage, the local situation, grassroots democracy and lynch law (in German, see here ) 
  • part II : the work, success and failure, spending a life in deficiency, xenophobia amongst the gold prospectors (in German, see here )
  • part III  : coins for California, the end of the gold rush (in German, see here) 

Compagnie Française & Américaine de San-Fransisco
5 Shares of 5 Francs, 1850
Source : HWPH, Auction 36, 2014

Texas and German Emigration Company
The Bullock Texas State History Museum, named after former Texas Lieutenant Governor  "God bless Texas" Bob Bullock, certainly knows how to combine artefacts with interactive multimedia and special effects. I will not go into further details, but check out this Interactive Texas Map .

Eurotunnel forerunner
If, before the Great War, a tunnel would have existed between France and England, it could have shortened the War by two years. Read more about the Chemin de Fer Sous-Marin entre la France et l'Angleterre on Hans-Georg Glasemann's NONVALEURS blog.

Scripophily magazine issue August 2014 No. 95

Scripophily magazine
In addition to the online sources above, the last August 2014 No.95 issue of Scripophily magazine contains the following stories :
  • Scripophily of the 1893 World's Columbian Exposition
  • The Long Distance Telephone Company and AT&T
  • Rare Chinese scripophily at Spink's Jan 2014 Hong Kong auction
  • Flights of Fancy, about early spectacular airplanes
  • Cox's Corner : Scanning certificates
  • Jewish Colonial Trust
  • An interview with retiring society auctioneer Bruce Castlo
  • Sexy vignettes
  • other periodical topics : society matters, news, bourse reviews, auction reviews, events calendar, member classifieds, book reviews, interviews and lots of pictures of collector friends and scripophily.


Sunday, November 30, 2014

Pre-war debt securities on display at the Warsaw Stock Exchange

The Warsaw Stock Exchange (WSE) is one of the fastest-growing exchanges in Europe. In 2013, 450 companies were listed, including 47 foreign companies. The WSE ranked #2 in Europe by the number of IPOs, and #5 in terms of their value. 

The WSE and the Collectors' Association of Historical Securities (Stowarzyszenie Kolekcjonerów Historycznych Papierów Wartosciowych) have setup an exhibition Debt securities listed on the pre-war exchange - Papiery dłużne notowane na przedwojennej giełdzie. On display are about 100 pre-war bonds and debentures, issued in Poland by credit societies, private corporations, and the Polish State Treasury.

Image source : Warsaw Stock Exchange

Practical info

  • Location : Warsaw Stock Exchange, ul. Książęca 4, Warsaw.
  • Duration : 29 September 2014 – 31 January 2015
  • Opening hours :  From Monday to Friday 10:00 - 15:00.
  • Entrance : free

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