When it comes to antique stock and bond certificates Historisches Wertpapierhaus AG (HWPH) is a major player in the field. Manager Matthias Schmitt and his dedicated team bring us next weekend a double-session sale. About 2200 lots of scripophily and related documents will go on the block.
Club de Regatas do Flamengo, Titulo de Sócio Patrimonial, 1966, L(ot) 618, €120 start price
"Flamengo" is a Rio de Janeiro sports club best known for their football team. The share shows 18 different vignettes of sports and is one of several in the sale that were issued by famous football teams (lot 615 through 630).
The first sale is a live auction at Würzburg, Germany, on the 4th of May 2019, followed two days later by an online auction. Both sales offer together nearly 2200 lots of historic and beautiful antique stocks and bonds from all continents.
The 13th-18th century section deserves special attention. It includes about 50 lots of historic and museum-caliber securities. One of these is a founder's share in the Iron Bridge Company "for Building a Bridge across the River Severn" from 1777. This company marks the beginning of the Industrial Revolution. Its amazing and extremely rare share starts at €22000, L635 in the auction.
Another highlight is a Bank of Alexandria share from 1796. It is issued to George Washington, first president of the United States of America. Only one known, in other words unique, L672 starts from €15000.
Top item in the sale is a 500 Flemish Pounds bond from the Dutch East India Company (VOC), dated 1623, see next image!
Top item in the sale is a 500 Flemish Pounds bond from the Dutch East India Company (VOC), dated 1623, see next image!
The Dutch East India Company (in Dutch : Vereenigde Oost-Indische Compagnie or VOC) was established in 1602 for the purpose of trade, exploration and colonization. The VOC was involved in shipbuilding, production and trade of East Indian spices, sugarcane from Formosa, wine from South Africa and lots more. In some parts of the world, the VOC produced its own gunpowder like in its refinery at Chhapra, West Bengal, where it processed saltpeter from Patna. The company became one of the first globally operating corprorations. In its overseas colonies, the VOC had governmental powers, including the ability to wage war, imprison and execute convicts and strike its own coins. It was the first corporation to be listed on an official stock exchange. L632 in the auction is expected to realize at least €30000.
Collectors of Chinese government securities will notice several specimen bonds previously unseen before. HWPH tells more about these in an in-depth article in Scripozine.
The auctioneer provides four downloadable PDF catalogues with extensive descriptions, available for free (see links further below):
- 50 Highlights
- 52nd Auction (Public)
- 53rd Auction (Online)
- Russia and former USSR
The latter presents all Russia-related lots in the Russian language.
Remote bidding is also possiblie through Invaluable.com where the auctioneer listed each lot with corresponding images. Here are some more examples of highly remarkable scripophily.
This bilingual Russian-English specimen bond from the State Bank of the Union of Soviet Socialist Republics dates from 1927. Also known as Gosbank this state bank was for about half a century the only bank in the USSR. L746 in the sale starts at €250
Great Cariboo Gold Company, share, issued by the Standard Finance Company, New York City, 1905.
Registered in South Dakota, USA, the mines were located in British Columbia, Canada. Fabulous design of gold mining scenes and eight nuggets printed in gold colour. This certificate is the only survived example known. L636, €2000 start price
Gewerkschaft des Steinkohlenbergwerks Lippermulde, coal mine, Hamborn am Rhein, 1923
Rare, this Kuxschein (mining shares certificate), is issued to industrialist August Thyssen, signed by him and Julius Thyssen, transferred on the back to August's son Heinrich, and signed on the back by Fritz Thyssen and again by Julius Thyssen. Bidding on L639 is invited from €2500
You can find more of these fascinating stocks and bonds in HWPH's sale catalogues. Here are the auction details :
- Dates
- 4 May 2019, Würzburg, Germany, public auction
- 6 May 2019, online auction
- Further info and downloadable PDF's, see here on HWPH.
F.L.
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