Showing posts with label Denmark. Show all posts
Showing posts with label Denmark. Show all posts

Thursday, October 24, 2019

Spink London announces its e-auction of world bonds & share certificates

Spink and Son Ltd was founded in London in 1666. The company specialises in the auctioning of  stamps, coins, banknotes, medals, bonds & shares, autographs, books and wines. It's latest sale went online earlier this week and ends at 11AM, November 5. Exactly 377 lots of scripophily will go on Spink's E-block.  

At stake are antique stocks and bonds from many countries. Sections include Africa, Australasia, China and Asia, Collections and groups, Europe, Great Britain, Panama Canal, Russia, the Americas, and the United States. Here is a small selection of the offers.


National Skating Palace share certificate

The National Skating Palace Limited was set up to build and operate a skating ring. When the company failed, its premises were later rebuilt into the London Palladium. This 1895 share certificate is signed by James Drake Digby, founder of the National Skating Association and Gordon Cameron, creator of the Glasgow Real Ice Skating Palace. 
Lot 246 in the auction



Macina-Niger, a decorative share related to Mali

Société Anonyme Française de Colonisation Macina-Niger, 100 Francs share, 1921, Toulouse
This is one of the most appealing French colonial shares showing lots of African animals in the Macina, the Inner Niger Delta, an area in central Mali. The artist expressed his own view on the French colonial empire in a subtle way. Note how two Africans are arduously bearing Industry and Commerce, represented by the angels on top. Mercury, god of finance, and Ceres, goddess of agriculture, are ignoring them.
Lot 60 in the sale




Lot 78 is a $1000 Danish Producers Loan Fund Committee Guaranteed 5% Gold Bond, part of a 1928 loan of $26,000,000 due 1935. This specimen from the Bradbury, Wilkinson & Co archive is reportedly the only one known. No issued examples seen. 



Leopoldina Estrada de Ferro bond from 1884

Companhia Leopoldina Estrada de Ferro, 6.5% bond of 200 milreis, 1884, Rio de Janeiro
In 1872 Antonio Paulo de Mello Barreto - see facsimile signature as President - received a concession to build a railway line to connect the coffee regions of Minas Gerais with the network operating the coastal regions. Click the image to enlarge and admire the lettering work by Lith. Paulo Robin & Cia.
Lot 301 in the auction



More auction details :

  • Location : this is an Internet only sale
  • End date : November 5
  • Further info : see here



F.L.

Friday, September 6, 2019

The Benzon family and the Copenhagen Zoo

One of the most appealing items in scripophily are share and bond certificates from zoological gardens. Mostly these prints show naturalistic scenes plentiful with exotic animals. Only a handful of  these "zoo" certificates are available on the collector market.

In fact, using biological terms, zoo shares, with a few exceptions, are among the rarest species in scripophily world. In May 2019, a spectacular example surfaced at an auction organized by the Østlandets Aksjebrev Forening, the Oslo-based branch of the Norwegian scripophily society. The item was the star of the sale and attracted several bidders from Norway and abroad.



This 200 Danish rigsdaler share from Den Zoologiske Have Ved Kjöbenhavn , the Copenhagen Zoo, was issued in 1873. In that year Denmark and Sweden formed the Scandinavian Monetary Union. The Danish krone replaced the rigsdaler in 1875 at the rate of 1 krone = 1/2 rigsdaler.
image source : Østlandets Aksjebrev Forening, Norsk Selskap for Scripofili


Østlandets Aksjebrev Forening, held its fourth auction at Oslo on 4 May 2019. Over 600 lots were at stake and one of these was a 1873 share in Den Zoologiske Have Ved Kjöbenhavn, the Copenhagen Zoo. Reportedly, only one other share from this company is known.

The Danish ornithologist Niels Kjærbølling (1806–1871) founded the zoo in 1859. The city of Copenhagen gave him a part of the Frederiksberg Palace Park as recognition for his work. His books, illustrated with lithographed drawings of birds, became very popular and spread public interest in birds and bird spotting. 



The design of the Copenhagen Zoo share includes not less than eighteen different animal species! Click the image of the share certificate on top to enlarge. We have monkeys, parrots, a snake, a lizard, an emu, kangaroos, a leopard and a lion, a camel walking away, a zebra, a deer, running gazelles, a bear, a curious wild boar, an owl, a lynx taking it easy, a squirrel and a vulture in the sky.


Unfortunately Kjærbølling lacked the experience to run a zoo business. The place was not well maintained and animals died. His son Fritz Hugo Kjærbølling inherited the zoo. He had acquired the knowledge and skills to keep and breed animals at zoos like the one in Cologne. However he could not reverse the zoo's poor financial situation.

Fritz Hugo Kjærbølling discussed the situation with three ornithologists : J. C. H. Fischer, who would become Kultus Minister of Denmark, H. C. Erichsen, head of the Ministry of Finance, and Alfred Nicolai Benzon.

A pharmacist, Benzon (1823-1884) founded his own pharmaceutical manufacturing and distribution business, Alfred Benzon A/S. He was also a well-known and published botanist and ornithologist.

In 1872 these four men decided to set up a new company that would become the owner of the zoo: Den Zoologiske Have Ved Kjöbenhavn. Fischer, Erichsen and Benzon were appointed directors with powers to meddle with the zoo's daily operations. Kjærbølling became the zoo inspector. The arrangement didn't work out and, after being paid for his shares in the company, Kjærbølling, the only one with real zoo keeping experience, had to leave the company.



Two small shield vignettes in its upper corners adorn the share of the Copenhagen Zoo. These are the lesser version of the coat of arms of Denmark (left) and of the city of Copenhagen (right). 


The zoo's first years were difficult but it survived till today. After Alfred Benzon's death in 1884, his pharmaceutical business was passed on to his sons Alfred Benzon Jr. and Otto Benzon. The Benzon family continued to support the zoo.

Alfred Benzon Jr. (1855-1932) was besides an entrepreneur also a painter. He became a pupil of the famous Danish painter Peder Severin Krøyer (1851-1909). The latter painted several works featuring the Benzon's, see here and there. P. S. Krøyer was adopted by his uncle Henrik Nikolai Krøyer, who in turn was ... a Danish zoologist and head of Copenhagen's Natural Museum. It's a small world, they say.

Benzon Jr. produced several marine paintings, like the one here. He was also a good observer and drawer of animals and birds, like many ornithologists. It was he who made also the drawing for the Copenhagen Zoo share.



The Copenhagen Zoo share was printed by I. W. Tegner & Kittendorffs Lith. Inst. The design was made by Alfred Benzon junior.


Alfred Benzon Jr's son, Bøge, undertook several nature expeditions related to nature conservation,  animal protection and the collecting and study of species. In 1952, Bøge Benzon (1891-1976) founded the Alfred Benzon Foundation. He donated his shares in the family business to the foundation.

The Alfred Benzon Foundation supports medical researchers and pharmacists, but also gives the Copenhagen Zoo donations for its research laboratory. Bøge Benzon was the zoo's Director from 1954-1956 and in 1967 its Vice-President.



I have not discussed the coat of arms located at the center of the share certificate. It depicts a shield with the words "Utile Dulci". The shield supports a stag head and is flanked by a bear and a lion. It seems to me that Alfred Benzon Jr., the artist, repeated the stag-lion-bear theme in the large scene at the bottom, be it in a different order. My research was fruitless. Who knows more about this coat of arms ?


This historic share in the Copenhagen Zoo represents the important ties between the zoo and the Benzon family. It was auctioned on 4 May 2019 in Oslo by the Østlandets Aksjebrev Forening. Hammered over three times its start price it was purchased at NOK46000, nearly USD5300, excluding a 15% buyer's premium.

F.L.

Related links

Thursday, April 2, 2015

HWPH - Auction 37 and 38


HWPH Auction 37
cover: Manmou Woolen Co., Ltd.
Share of 50 Yen, 1944


Foreenede Pram- og Steenförer-Laug
Share of 100 Rigsdaler Dansk Courant, 1785, Copenhagen
double-click image to enlarge
-
Incorporated by Royal order in Copenhagen in 1784. 
Share capital of 50,000 Rigsdaler divided 
into 500 shares of 100 Rigsdaler each. 
Further information here. 


HWPH Online Auction 38
cover: Charterland Goldfields Limited
share of 1 Pound or 25 Francs
Bechuanaland Protectorate
London, 1895



  • Date: 18 April 2015  - Auction 37 ;  20 April 2014 - Auction 38
  • Place: Auction 37, Würzburg, GERMANY
  • Further info, see here


F.L.

Thursday, September 23, 2010

Reference catalogue : Zoological garden companies - Development and Finance History

I will occasionally briefly describe a reference book or catalogue in my postings.

front cover of the Schmitz Metzger catalogue on securities of Zoo companies


  • Title : Zoologische Gärten als Kapitalgesellschaften - Geschichtliche Entwicklung und Finanziering
  • Authors : Armin Schmitz und Arne Metzger
  • ID: ISBN 3-9806401-2-4, published by Verlag der Antik Effekten GMBH, 2000
  • Languages : German, English
  • Number of pages : 192
  • Images : mostly in color, about 100 illustrations
  • Indexes : by location
This great work contains images of certificates and descriptions, both in German and English, of zoos in :
Germany, USA, the Netherlands, Belgium, Switzerland, France, Poland, Spain, Denmark, Finland, Portugal, UK, Luxembourg, Italy, Austria