Friday, March 17, 2023

Something for everyone: HWPH puts 4486 lots on the auction block!

Historisches Wertpapierhaus AG has scheduled his next triple-session auction for 27, 28 and 29 March 2023. This time Matthias Schmitt and his team brought together over 4400 lots of scripophily and related documents from all continents. 

One thing is for sure, you need some time to go through all the offerings. So I suggest you use keywords in the online search functions. HWPH's site has a dedicated page to select Regions, Countries, Eras and Industries, see here. I tried out the country Japan and found over 40 related lots. 



This unissued Kyoto bond was part of the city's 1909 5% External Loan of 45,000,000 francs. It shows the facsimile signature of mayor Saigo Kikujiro (1861-1928). He was a member of the Satsuma army, a group of dissident samurai that revolted against the imperial government in the Seinan War of 1877. Then, he was shot in the right leg which was partially amputated. Later, as mayor of Kyoto, he organized large infrastructure projects such as the excavation of the Second Lake Biwa Canal, the development of the city's water supply resources, and the expansion of Kyoto's roads and tramway network. With the Mitsui Bank, Saigo Kikujiro procured this 45 million francs foreign loan to finance these projects.  L(ot) 1895  


On the same page you can select for certain industries such as Fine China (Porcelain): you'll be surprised how many hits you get on this theme.  

Oh yes, you can combine 'industries' with 'countries'. I tried USA + Railways, and there it is, over 200 lots in that combination, including the following rare bond printed by the National Bank Note Company. 



The Yumuri Rail and Tramway Company was incorporated in 1907 in the state of New York to construct a railway across the east end of Cuba connecting the northwest and southeast coasts. The Republic of Cuba was founded in 1902. The country's first decade was tumultuous and created a difficult climate for foreign investors. It is unclear what happened to the Cuban operations of this company. It went bankrupt in 1914. Click to enlarge image. L2996 


HWPH also brings its event to the online public through Invaluable.com. There, you'll find a separate section for each auction session. Click through to see the items. From there continue and select "Sort by: Price High to Low" to find the top items within each session. 



One of the top items from the first session is this 500 thaler Prussian Courant share in the Pommersche-Ritterschaftliche Privat-Bank from Stettin.  Today known as Szczecin, Poland, Stettin was then the capital of the Prussian Provence of Pomerania.  The fine print was produced by the Berlin-based lithographic workshop of H. Hindersin. Click the image below to see the rich details on the word "Actie" (share). L796 in the auction.



There is a lot more to discover in HWPH's auction catalogs. Here are the details of this online event:
  • Dates: 27, 28 and 29 March, each day starting at 11 AM German time 
  • Location: this is an online event
  • Further info and catalogs, see here on HWPH. Live bidding is possible through Invaluable.com, see there.

F.L.

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