Saturday, November 26, 2016

Archives International Auctions - Sale 37

AIA offers nearly 400 lots of historical stocks and bonds in a double sesssion auction held over two days. Among the many attractive certificates is a stunning bond trio from the San Fransisco International Airport (SFO).

This is one of three City and County of San Fransisco bonds offered as lot 296 in the auction. The $1000 Airport 1949 Loan bond was issued in 1950. The engraved vignette shows a four-engine propeller airliner, a Douglas DC-4. SFO's history starts in 1927 when the City and County of San Fransisco leases 150 acres from politician and business man Ogden L. Mills for use as an airport. The airport was initially called Mills Field Municipal Airport, but it was renamed into San Francisco Municipal Airport in 1931. SFO adopted its present name in 1955.

Archives International Auctions
US, Chinese & Worldwide Banknotes, Scripophily and Coins

Practical info
  • Session 1 : Dec 6, 2016 
  • Session 2 : Dec 13, 2016 
  • Location : AIA, Fort Lee, New Jersey
Further info : see here, for the catalog there


Thursday, November 10, 2016

Discover Palestine and Israeli securities in The Shekel journal

Those interested in historic stocks and bonds from Israel and Palestine should have a look at The Shekel, in particular Volume XIV, No. 4, July-August, 1981.

The Shekel, The Journal of Israel & Judaic History & Numismatics
The Shekel
Journal of Israel & Judaic History & Numismatics

In 1968 the American Israel Numismatic Association (AINA) started publishing its journal The Shekel. The magazine encourages the study and collection of Judaic numismatics in the broadest sense. Volume XIV, No. 4, July-August, 1981, contains a topic for us. 

In Scripophily: Judaic fiscal history, author Sidney L. Olson brings a ten page story on securities from Palestine and Israel. Twelve black-and-white images show stocks and bonds issued in British pound, Turkish lira, rubles, Egyptian pound, Palestine pound and lirot (Israeli pound).

Agrobank (Agriculture & Building Bank for Palestine, Ltd) debenture issued in Tel-Aviv 1939
The full name for Agrobank is Agriculture & Building Bank for Palestine, Ltd.
This 3% debenture for 2 Palestine pounds was issued in Tel-Aviv, 1939.

This is one of the certificates illustrating the SL Olsen article.
Courtesy by

There is good news. You can read the article online for free. All Shekel journals were digitized from 1968 up to 2010 by the Internet Archive. Here are the links :

After opening an online version of the journal, you'll find a link for a downloadable PDF version.
Likely other issues also contain scripophily material. I'd be happy to know about that.


The Shekel is also the name for ancient Israeli coins.
This is a silver Jerusalem shekel (AD 68) from the First Jewish Revolt against Roman rule.
The name Shekel was also chosen for the new currency that replaced the Israeli pound in 1980
Attribution: Classical Numismatic Group, Inc. 

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Saturday, October 29, 2016

Scripophily magazine reports on one million pound treasury note

Scripophily, No. 101, published by the International Bond and Share Society (IBSS)brings plenty of articles on historic stocks and bonds :
  • 36 pages
  • 82 images of bond and share certificates
  • 23 auction reports
  • 17 authors and reporters
Among the magazine's news items, was an entry about lot 296 in Spink London’s April auction. The lot featured a £1,000,000 UK Treasury Note from 1948. This one million pound intermediate-term bond was issued in connection with the Marshall Aid plan after World War II. It is not interest-bearing and not negotiable: not paper money but a remarkable scripophily object. The same piece was once sold for £68,000 at Spink London's Oct 2008 auction. Now, it was hammered at £82,000. More information in issue 101 of Scripophily magazine.

£1,000,000 UK Treasury Note (debt obligation issued by the Treasury)
Cancelled, 6 October 1948, Bank of England
printed signature of E.E. Bridges, Permanent Secretary to the Treasury

In the July publication the IBSS further announces the society's new website: it has many sections, just see for yourself at Webmaster Tim Welo did a fine job and aims for even more content. He can be reached at Development of the site was made possible by the financial generosity of Scott Winslow.

What's else in the magazine ? Here's, an overview of the other stories in Scripophily's last issue :
  • While the election year rages on, some bull is never forgotten , about Rudolph Jr, a 3-year-old steer
  • Advertising securities
  • French slave trading company
  • Heading for Saudi Arabia on a warship , a story on Arabian gold mining
  • Compagnie Universelle du Canal Interocéanique de Panama
  • The palaces of the railroads : major US railroad stations on securities
  • Grafton Tyler Brown and the flowering of lithographed mining stocks in the 1870s West
  • Cox's Corner : Abandon the "Race to the bottom"
Other periodical topics : society matters, news, bourse reviews, auction reviews, events calendar, member classifieds, book reviews, interviews, letters to the editor and lots of pictures of collector friends and scripophily.