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 www.scripophily.org. Webmaster Tim Welo did a fine job and aims for even more content. He can be reached at webmaster@scripophily.org. 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. 

F.L.