Showing posts with label Ethiopia. Show all posts
Showing posts with label Ethiopia. Show all posts

Friday, December 4, 2020

Crossing Latin America by rail with SPINK

SPINK's Bonds and Shares Department has put its last sale of 2020 online. The auctioneer offers over 600 antique securities including an impressive set of bonds and shares from Latin American railway companies.  This online auction ends at 11 AM GMT on Dec 15, 2020.


Several bonds and shares from South American railroads are ready to be hammered at Spink's scripophily auction. The Central Argentine Railway issued this share in 1911. Railway construction started in 1863 with the building of the terminus in Rosario. Nearly 100 years later the Juan Perón administration nationalized the British owned railways in 1948. L(ot) 394 in the auction was printed by Waterlow and Sons. 


Spink and Son Ltd specialises in the auctioning of stamps, coins, banknotes, medals, autographs, books, wines and more. This time antique stocks and bonds from many countries go on the block. 



The Mexican International Railroad Company was formed in 1882 to link the Southern Pacific to the Mexican Central Railway. In 1910 the business was acquired by the government controlled National Railways of Mexico. This £100 specimen bond from 1897 was printed by American Bank Note Co., L435 


Major sections in the auction include Africa, Asia, Europe, Great Britain, the Americas, and the United States. Special interest themes that can be discovered are : Russian oil, American mining, Norway, British automobile builders, and more. 

The British entertainment section includes some historical items from the theatre, film and television world. Let's take a look at lot 335, a group lot of two specimen bonds from the Alexander Korda Film Productions Ltd company. Film director and producer Alexander Korda (1893-1956) became one of the leading figures in the British film industry. He founded London Films and became owner of British Lion Films. World famous is The Third Man which he produced in 1949.  



Abyssinian Corporation share certificate with vignette of elephant

The auction features over 60 lots of scripophily from the African continent. This share in the Abyssinian Corporation was issued in 1918. The British company was involved in trading activities with the Ethiopian Empire, then ruled by Empress Zewditu. Frederick Lugard, then Governor-General of Nigeria, signed the share as Director. His wife, the journalist and writer Flora Shaw coined the country's name "Nigeria", derived from the Niger river. Vignette of elephant and lion head, rare, L12 


The sale also provides an interesting cross-section of British motor cars and cycles. Here are some of the highlights with lot numbers : 

  • British Motor Company Ltd, preference shares, 1898, signed as director by Harry Hewitt Griffin, cycling journalist, editor of Bicycling News, and director of the New Beeston Cycle Co, L302
  • Argylls, Ltd, 1909, Scotland's largest car manufacturer before World War I, motor car vignette, L289 
  • Clément, Gladiator and Humber (France) Ltd, £1 shares, 1897, company in 1903 divided to form Clement Talbot in England and Clement Gladiator in France, L310




The British Motor & Engineering Company was based in Caversham, Reading where they produced four models between 1905 and 1907. One of these was a 6.5 h.p. two-cylinder two-seated car that sold at £105.  L303 


There is a lot more to discover! So, here are the sale's details : 
  • Location : online auction only
  • Date : ends on 15 December, 2020 at 11:00 AM
  • Further info : see Spink's online catalogue with full color images here 

F.L.


bond from the Great Northern Central Railway of Colombia

The Great Northern Central Railway of Colombia was founded in 1907 and planned a first rail section between Puerto Wilches and Bucaramanga. This rare 5.5% £20 Mortgage bond, 1909, one of the South American railway certificates in the sale, illustrates the coat of arms of Colombia and a locomotive. L432 


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Thursday, June 4, 2020

Experts in mondial automobile and American railroad securities, look out ! F.H.W. kicks off its first online auction

Freunde Historischer Wertpapiere (FHW) has scheduled its next double day sale for June 26-27 2020. A milestone in its history, Jörg Benecke's auction team goes online for the first time with more than 2200 lots of historic bonds and share certificates.

This auctioneer offers a large cross-section of German scripophily, early and modern. On top of that the event features a voluminous American railway section and the wide-reaching automobile collection of Dr. Werner P. Schmidt.



FHW's 117th auction opens with a classic in scripophily, a share in the Compagnie Impériale des Chemins de Fer Éthiopiens. Every auction participant will be able to bid on this stunning print from 1899. Each bid will be accepted and guaranteed at the start price. All proceeds goes to the German Church School in Addis Abeba. The school is the first one in Ethiopia in which blind and seeing children are taught jointly. 
image courtesy F.H.W. 


The American railroad section is huge and counts more than 450 lots. Some of the highlights :
  • L(ot) 58, California Railway, Oakland, 1897, certificate for 850 shares of $100, representing over 15% of the initial share capital, in numismatic terms ultra-rare, bidding starts at €240.
  • L72 Chautauqua Lake Railway Company, 5% $1000 bond, 1887, only 800 issued, printed by the reknown Homer Lee Bank Note Company, N. Y., check the vignette and the artwork on the title.
  • George Jay Gould I, investor and railroad executive, eldest son of Jay Gould, purchased in 1895, L162, a share representing 25% of The Galveston, Houston and Henderson Railroad Co. of 1882. The certificate is signed by him on the reverse. After the death of his first wife, actress Edit M Kingdon, he married his mistress Guinevere J Sinclair and moved to England. Top American railway history, as such, unique.



An example of the many rarities in the US railway section, this $50 shares certificate was issued by the Miami Valley Railway Company in 1877. The company, incorporated in Ohio, 1874, had its shares printed by the Krebs Lithographing Company from Cincinnati. L239 in the auction. 
image courtesy F.H.W. 


Collectors and investors will be interested in an exceptional variety of automobile scripophily. Over 450 lots from the W. P. Schmidt Collection will be offered. Dr. Werner P. Schmidt, recently deceased, was CFO of Volkswagen AG and succeeded in bringing together hundreds of bonds and shares from motorcar companies all over the world.

The collection includes scripophily from all top brands like FIAT, see image here, Benz L972, and Renault, L1239,  which is issued to Louis Renault himself, and many more.



One of the gems in the W. P. Schmidt collection is this 1920 5 x 200 Lire shares certificate from the world famous FIAT company. The name is an abbreviation for Fabbrica Italiana Automobili Torino.  The company soon exported its first cars and in 1910 a plant was built in Poughkeepsie, NY, to produce costly, luxury cars. L1048 in the sale starts at €1500 
image courtesy F.H.W. 


Historic, you could say "archeological", is L1272, a share from the Société des Moteurs Lenoir, 1859, founded by Etienne Lenoir, father of the combustion engine. Even older is L1124, a share certificate, 1835, in the London and Birmingham Steam Carriage Company, which produced steam engine driven cars.

Some more remarkable car builders spotted in the catalog :
  • L896 Aachener Stahlwaarenfabrik Fafnir-Werke, 1000 Reichsmark share, 1912. This German company produced the Fafnir automobiles and motorcycles, and also the Omnimobil motor kits allowing others to start motor vehichle production. Rare, bids invited from €500. 
  • L1006 Deutsche Last-Automobilfabrik AG, "DAAG", Rating, 1920 
  • L1216 RiCHARD Auto Manufacturing Company, Cleveland, Ohio, 1917. This stock certificate is signed by its founder François Richard. Check out the image in the catalog. You'll note how the brand name was changed into to RiCHARD - with a lower case i - in an attempt to encourage the more correct French-like pronunciation 'ree-SHARd'. An example of small but great automobile history, with an early automobile vignette as well.


Besides the US railway section and the W.P. Schmidt Collection, the 270 pages auction catalog includes the following chapters :

  • Confederate States of America
  • Germany Pre-1945
  • Germany DM era
  • Austro-Hungarian Empire/Austria, Switzerland, Italy and several more.

Indexes on collecting themes and German regions may help you find what you are looking for.  I checked out the sports entries and bumped into bobsledding scripophily !



This rare 300 Mark bond from the Herzogliche Bobsleighclub zu Gotha (Ducal Bobsled Club from Gotha) shows the still existing clubhouse. Opened in 1913 its bobsled track was one of the longest in Central Europe at the time with a length of 3600 metres. L1601 in the sale 
image courtesy F.H.W. 


There is a lot to discover in the sale. Here are the details :

  • Location : The event takes place at Wolfenbüttel, however, at the time of writing this, due to the covid-19 situation personal presence is likely not possible. Check out whether a visit is possible with the auction house. 
  • Date : 26 and 27 June, 2020
  • Further info, see here; PDF catalog see there; live bidding is possible through https://connect.invaluable.com/dwa/ 



F.L.

Tuesday, January 11, 2011

Reference catalogue : La France d'Outre-Mer


  • Title : La France d'Outre-Mer
  • Authors : Guy Cifré
  • ID: ISBN 2-9501106-2-2, published by Numistoria, 1993
  • Languages : French
  • Number of pages : 151
  • Images : black and white, almost on every page and often more than 1 per page; 5 color images on the book covers
  • Indexes : region index, certificates in the catalogue ordered by region and then by name

This work catalogues French colonial shares and bonds. Regions included are :
Algeria, Morocco, Tunisia, Ivory Coast, Dahomey, French Guinea, Senegal, Sudan, Niger, French Congo, Gabon, Ubangi-Shari, Cameroon, Somalia, Ethiopia, Madagascar, Syria, Lebanon, Indochina, New Caledonia, New Hebrides, French Guiana and many other smaller states.

F.L.

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