Friday, January 6, 2017

Spink US Jan 2017 auction

Spink US is announcing details of their upcoming Numismatic Collector's Series Sale. The auction features more than 1,000 lots of coins, banknotes, medals, and the like. Over sixty lots of scripophily items are included, mainly consisting of US stocks and bonds. Four of these comprise historic Matson Navigation Company securities.

vignette of the brigantine Lurline, Matson Navigation  Company

William Matson (1849-1917) was a Swedish-born American shipping executive. As a youngster he became friends with the industrialist and sugar beet refiner Claus Spreckels while working on the latter's family yacht. With the help of Spreckels, Matson founded in 1882 his own shipping business, the Matson Navigation Company. Its ships carried merchandise from the US Pacific Coast to the Hawaiian islands and returned with sugar. In the early 1900s Matson introduced passenger lines to Hawaii where he soon opened hotels. Its luxurious Matson Airlines operated between San Francisco and Hawaii (1946-1948).

stock certificate from the Matson Navigation Company
The collector's market knows a few types of historic Matson Navigation Company shares. These show vignettes of the company's important ships :
  • The company's blue $100 shares (capital $1,500,000) were issued when the company incorporated in 1901. They illustrate a vignette of the barque Roderick Dhu, the first ship to have a cold storage and electric plant with electric lights on board. 
  • Shortly before World War I, the company increases its capital to $5,000,000. Matson's brown $100 shares depict the SS Lurline (1908),  the company's first steamer. 
  • Spink US now offers four lots, each consisting of about 500 stock certificates issued in the 1940s and 1950s. Printed in green and black by the Western Bank Note & Eng. Co. Chicago, their design show the brigantine Lurline (I) purchased by Matson in 1887. Coming from Hawaii the ship carried 600 tons of sugar and 12 passengers.

Details of the auction
  • Dates: 17 & 18 Jan 2016
  • Location : New York
  • More info : see here 


Tuesday, January 3, 2017

Spink China Jan 2017 auction

The next 13th January Spink China will present nearly 70 lots of antique bond and share certificates from China and Hong Kong. One of the certificates offered is an early bond from Mongolia.

early government bond from Mongolia People's Republic

Earlier, Spink sold a bond from Inner Mongolia, see there. This time a bond from the state of Mongolia will be offered (lot 3341 in the auction, image shown above). In 1924 the Mongolian People's Republic was established with a communist regime. The country suffered from collectivization, economic downturn, unrest, uprisings and during the 1930s from repression and genocide by Stalin. This government bond was issued for 25 Tugrik in 1932. The tugrik (tögrög) was introduced in 1925 at a value equal to one Soviet ruble (18 grams of silver).

Spink China - Jan 2017 auction
Banknotes, bonds & shares and coins of China and Hong Kong
The two days lasting sale features more than 2,000 lots of 
coins, medals, tokens, banknotes and the like.

Practical info
  • Session 1 : Jan 13, 2017
  • Session 2 : Jan 14, 2017
  • Location : Spink, Hong Kong
  • Further info : see here 


Tuesday, December 27, 2016

Exhibition : Sammeln, Sammeln, Sammeln

In the German Ruhr area lies the city of Bochum. The city's Kunstmuseum has set up an exhibition titled "Sammeln, Sammeln, Sammeln". The project was realized in cooperation with the Protestant University of Applied Sciences Rhineland-Westphalia-Lippe (Evangelische Hochschule Rheinland-Westfalen-Lippe).

In the Bauhaus style (1920-1930s) "form followed function" :
tight lines and simple forms were the characteristic elements. 
The style concentrated on the new materials of glass, steel, concrete and bricks. 
Detail from one of the historic securities on display in the exhibition.
Courtesy J. Weritz

The German word sammeln means to collect. People collect objects for aesthetic reasons or because of cultural and historical glamor. Some are attracted to collecting on pure scientific grounds. Collections learn us, even as mere spectators, who we were and who we are now.

Earlier this year the Kunstmuseum called upon citizens from Bochum and surroundings to make their collections available. An announcement was placed in the Westdeutsche Allgemeine Zeitung, a leading German newspaper from Essen. In no time about fifty collectors applied for participating in the event. The result is a collection of collections. On display are Stephen King collectibles, Toothpicks, Snow globes, Toast makers, Death masks, Empress Sissi memorabilia, Pinball Machine Backglasses, and much more.

In 1927 the city of Frankfurt A.M. founded with the Preußischen Elektrizitäts AG (Prussian Electricity Co) the Braunkohlen-Schwel-Kraftwerk Hessen-Frankfurt AG (Hessen-Frankfurt Brown Coal Power and Refining Co). Its 1928 1000 Reichsmark share is designed in Bauhaus style. 
Courtesy J. Weritz

Is there any scripophily represented in the Kunstmuseum ? Sure. One of Bochum's citizens lended his collection of bonds and shares. About 40 artistically designed securities are our eye-catchers here. Themes included : Afrika, Jugendstil, Art Deco, Bauhaus, Germany, Automobiles, Greece, USA, Eastern Europe and Breweries from Bochum.

Sammeln, Sammeln, Sammeln lasts through 5 February 2017.
Click to enlarge the invitation.

Practical info :
  • Bochum's Kunstmuseum
  • The Sammeln, Sammeln, Sammeln exhibtion 
  • Duration : 25 November 2016 - 5 February 2017
  • Location : Kortumstraße 147, Bochum, GERMANY 
  • Opening hours : Saturday and Sunday from 10:00 to 17:00, Wednesday from 10:00 to 20:00 , closed on public holidays 
  • Entrance : €5, free for children and students 
Related link

P.S. Thanks to Jürgen Weritz who brought the event under my attention. More about Mr. Weritz's project, see here .