Showing posts with label exposition. Show all posts
Showing posts with label exposition. Show all posts

Sunday, April 24, 2022

Scripophily Puzzle No. 6 - solution

I'm sure you recognized the Disney vignette as one of the three visual cues from Puzzle No. 6 . Even with the other vignettes provided, solving the puzzle was not straightforward. Yet I did receive one correct answer.

The three visual cues were clippings from three different stock and bond certificates. The common link between the cues was a particular object.

The correct answer for the puzzle was ... (drumm roll in the background) ... the Liberty Bell.



Shares from the American Union Fire Insurance Company from Philadelphia, PA, show the Liberty Bell in front of the city's Independence Hall. Printed by the Security Bank Note Company, this share certificate was issued in 1910. Things were not going well for the insurance company. It liquidated in 1913. 


The Liberty Bell was made in Great Britain by a foundry that became known as Whitechapel Bell Foundry, a producer of many famous bells such as the Big Ben in London.

Pennsylvania commissioned the Liberty Bell in 1751 to celebrate the 50th anniversary of William Penn's Charter of Privileges, Pennsylvania's original constitution. After a rough passage across the Atlantic, the bell cracked when it was first rung.

Two Philadelphia workmen, John Pass and John Stow, recasted the bell. Its large distinctive crack, also visible in the vignette above, originated somewhere in the first part of the 19th century. The bell was placed in the tower of the Pennsylvania State House, aka Independence Hall. This leads us to the first cue.



These bonds, issued by the City of Philadelphia in 1866 (upper right image) and 1861, feature the same vignettes, including the city's Independence Hall that housed the Liberty Bell for about two centuries. It is now located in the Liberty Bell Center. This pair of bonds was sold at Holabird Americana's Dec 2020 auction at $50 without buyer's premium. 


The bell became a symbol of freedom. In the 1830s several anti-slavery journals featured the bell in their publications. In 1853 President Franklin Pierce visited Philadelphia. He spoke of the bell as the symbol of the American Revolution and Liberty.

George Lippard writes his "Fourth of July, 1776" in 1847. In that story a young boy instructed an aged bellman to ring the bell on America's Independence Day. But that was not correct. Historians assume that the Liberty Bell rang on July 8th to summon the people to hear the Declaration of Independence read out aloud for the first time. Anyway, Lippard's story was widely reprinted and retold as 'historical fact' for many decades to come.

On the occasion of Philadelphia's 1876 Centennial International Exhibition a replica of the Liberty Bell was cast. It weighed 13,000 pounds (5900 kg), more than six times the weight of the original bell.

The Liberty Bell was not displayed at Philadelphia's Centennial Exhibition. But it made several trips to various other expositions and celebrations in the years thereafter. This brings us to the second cue of puzzle No. 6.



The World's Columbian Exposition, aka Chicago's World Fair, took place in 1893 to mark the 400th anniversary of Christopher Columbus' arrival in the New World in 1492. With 46 countries participating, it attracted over 27 million visitors. This $10 shares certificate from 1893 was printed by the Western Bank Note Company. It sold for $400 excluding buyer's premium in Holabird Americana's 2018 October auction. 


In 1893 the Liberty Bell was sent to Chicago's World Columbian Exposition as a highlight of the festivities. It was not the only big bell on display there.

For the World's Columbia exhibition a much larger Columbian Liberty Bell was casted. Two days before the end of the exhibition, Chicago's Mayor Carter Harrison sounded his "new" bell at his final speech on 28 Oct 1893. A few hours later Harrison was assassinated.

The original Liberty Bell returned from Chicago bearing a new crack. Wherever it went, the bell attracted millions of people, more cracking occurred, and souvenir hunters chipped pieces away from it. After 1915 Philadelphia refused any further requests for having the bell featured in events like that.

There was also a third "bell" present at the Chicago event. It was a full-sized model of the Liberty Bell made out of oranges by the State of California. This brings us to our last cue for this puzzle which showed Walt Disney and several Disney figures.



In Holabird Americana's May 2021 auction this Walt Disney stock certificate went $120 excluding buyer's premium. The company displays a full-sized replica of the Liberty Bell in Walt Disney World, Florida. 


As part of the US Liberty Bell Savings Bond Drive, the US government ordered 55 full-sized replicas of the Liberty Bell in 1950. These were casted by Fonderie Paccard in France. Shipped as gifts to US states and territories the bells were to be displayed and rung on patriotic occasions. 

In 1989 Walt Disney ordered another bell casted by the same foundry from the same mold. It stands now on Liberty Square in the Magic Kingdom, Bay Lake, Florida.

The Liberty Bell sometimes appears on coins, stamps, bonds and stock certificates. I'm interested to see other examples from the latter category. Several American corporations have used the bell's name and image, but none so daringly as the restaurant chain Taco Bell.

On April 1, 1996, Taco Bell launched an ad in the newspapers posting that it had purchased the Liberty Bell and renamed it the "Taco Liberty Bell". Thousands of outraged people had called Taco Bell headquarters and the bell's caretaker, the National Park Service. By noon it was told that the story was a joke. The company's publicity stunt allegedly led to nearly a $1,000,000 rise in sales that week.

I received one joint correct answer on this puzzle from Randy & Scott. Well done! You are now entitled a portion of "eternal fame".


F.L.

Reference links




Friday, March 6, 2020

American scripophily in London

SPINK UK's latest auction went online last week and ends on March 17, 2020. Exactly 330 lots of intriguing antique bonds and shares will go on SPINK's E-block.  


Greyhound Motors Corporation share certificate with large vignette of early automobiles

SPINKS' sale bulks with stunning vignettes on securities printed for pioneering American companies. The Greyhound Motors Corporation, later renamed the Greyhound Motor Car Company, was one of the first companies that designed a little sports car, the "Trinca Patent Body", an idea by Frederick Trinca. L(ot) 196 in the auction, this $10 shares certificate from 1920 invites bidders from $120 onwards.


At stake in this auction is scripophily from many themes such as automobiles, aviation, shipping, railroads, finance, coal, iron and gold mining, oil companies, government and municipal loans, and more. The securities have something in common : they made American history.


share in the Sunflower Gold Mining Company with color vignettes of sunflowers

The Sunflower Gold Mining Company from Colorado Springs was founded during the Cripple Creek Gold Rush. This gorgious share, L240, dates from 1897


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. When specialist Mike Veissid joined SPINK in 2008 the company set up the Bonds & Shares Department. 


This Lewis and Clark Centennial and American Pacific Exposition and Oriental Fair share certificate shows vignettes of Lewis and Clark

The Lewis and Clark Centennial and American Pacific Exposition and Oriental Fair from 1905 took place in Portland, Oregon. It was set up to celebrate the centennial of the Lewis and Clark Expedition, the first American expedition to cross the western part of the US. The exposition was a major success and welcomed from June through half October, nearly 12,000 visitors per day. L306


The auction features several shares issued to or signed by famous personalities. A stock certificate for 100 shares in the Irving Trust Company is issued to, and signed on the reverse by IBM founder Thomas J. Watson, L206. An East End Electric Light Company stock certificate from 1893 is issued to and signed on the reverse by electrical pioneer George Westinghouse, L295. A temporary share in The Edison Portland Cement Company, likewise but Thomas Alva Edison, L296.


A Pepsi-Cola share signed on reverse by its founder Caleb D Bradham

After being a school teacher for about a year Caleb Davis Bradham (1867-1934) started his own drug store. His 1893 recipe for "Brad's Drink" used kola nut extract, vanilla and "rare oils" and would become world famous as Pepsi-Cola. This Pepsi-Cola Company share was issued in 1922 to C. D. Bradham and signed by him on the reverse. Rare, bids for L317 start at $1,000.


The largest section in the sale is formed by a contingent of 137 American railway securities. Some highlights here : L45 Aspen Short Line Railway Company, 1889 specimen bond; L52 The Baltimore and Ohio Railroad, $10,000 bond, 1902, signed by George Eastman (Kodak) on reverse. A top example of American steel engraved vignettes can be found in L158, a 1853 $1000 bond from the Virginia Tennessee Rail Road Company.


Atlantic-Pacific Railway Tunnel Company share with gold seal

This 1884 stock certificate in The Atlantic-Pacific Railway Tunnel Co shows a railway tunnel through a mountain (click image to enlarge). Note the gold seal which is embossed with a frontal view of a train coming out of a tunnel. Bidding on L48 starts at $70.


There is much more to discover for yourself in the other sections of the online catalog as well, e.g. shipping and oil.  Here are the sale's details
  • Location : online auction only
  • Date : ends on 17 March, 2020 at 1:30 PM
  • Further info : see Spink's online catalogue with full color images here
  • Note: The sales takes place in London, bids are mentioned in USD.

F.L.

Thursday, September 17, 2015

IBSS Mail Bid Auction - October 2015


The International Bond and Share Society, sets its next (members only) auction date to 2 October 2015. This auctions counts more than 200 lots, representing about 40 countries and an equal number of themes. 


Paleis voor Volksvlijt te Amsterdam
in English: Amsterdam Crystal Palace
Share of 2.5 Gulden, 1869
lot 138 in the auction
double-click image to enlarge
--
Founded 1856 to exploit a building for national and international exhibitions
 of industry, theatrical and musical performances. The palace, based on 
Paxton’s Crystal Palace in London, was completed near the Frederiksplein 
in Amsterdam, 1864. Erected with glass and iron, it was the creation of 
Cornelis Outshoorn. Unfortunately, a fire destroyed this building on 18 april 1929.
(Description: Boone catalogue 2009 March)
--
The Dutch word "Volksvlijt" can be interpreted as diligence by the people.  By the 
mid 19th century, modern society urged people to hard work because labor promoted 
health and gave joy to life. However, early socialist beliefs soon stated that the concept 
of "hard work" was only a means to create more wealth for the people in the upper classes.

foto van het Paleis voor Volksvlijt in Amsterdam
Amsterdam Crystal Palace, ca. 1890s
Source: Jacob Olie , via Wikimedia Commons


Practical auction info :
  • Date : October 2, 2015
  • Place : not applicable, this is a mail bid auction only
  • Auction catalogue can be downloaded here, where also the images of the lots can be viewed.

F.L.

Sunday, December 7, 2014

Digest of scripophily readings XV

New online scripophily articles and references, December 2014

Biografía de las Riquezas de Puerto Rico
Jorge David Capiello-Ortiz tells us a fascinating story about the history of coffee plantations and sugar mills of Puerto Rico.  His Spanish website, Biografía de las Riquezas de Puerto Rico,  (Riches of Puerto Rico) is illustrated splendidly with photographs, coins, bank notes, tokens, post cards, letters and receipts, stereoviews, checks, and ofcourse stocks and bonds from :
  • sugar mills, see here 
  • railways, see there, and
  • banks, see here
As you see, numismatics in the widest sense. Thank you for sharing Jorge !

stock certificate of the Central Aguirre Associates, later renamed into Central Aguirre Sugar Company
Central Aguirre Associates
later renamed into Central Aguirre Sugar Company
100 Common shares, specimen, 1928
double-click image to enlarge
source : Jorge David Capiello-Ortiz
Biografía de las Riquezas de Puerto Rico

The Californian Gold Rush
The first individual gold prospectors tried to build subterranean shafts by manually digging holes into overlying earth, as into a hillside. The shafts seldom reached deeper than one or two meters. This technique was called ‘coyoting’ after the coyote that tunneled his way into the ground in a similar manner. No stocks or bonds, but coins and pictures illustrate this three-part series of articles about the Gold Rush in California written by Ursula Kampmann from CoinsWeekly | MünzenWoche  :
  • part I : the first gold finds, news reaches the east, the voyage, the local situation, grassroots democracy and lynch law (in German, see here ) 
  • part II : the work, success and failure, spending a life in deficiency, xenophobia amongst the gold prospectors (in German, see here )
  • part III  : coins for California, the end of the gold rush (in German, see here) 

Compagnie Française & Américaine de San-Fransisco
5 Shares of 5 Francs, 1850
Source : HWPH, Auction 36, 2014

Texas and German Emigration Company
The Bullock Texas State History Museum, named after former Texas Lieutenant Governor  "God bless Texas" Bob Bullock, certainly knows how to combine artefacts with interactive multimedia and special effects. I will not go into further details, but check out this Interactive Texas Map .

Eurotunnel forerunner
If, before the Great War, a tunnel would have existed between France and England, it could have shortened the War by two years. Read more about the Chemin de Fer Sous-Marin entre la France et l'Angleterre on Hans-Georg Glasemann's NONVALEURS blog.


Scripophily magazine issue August 2014 No. 95

Scripophily magazine
In addition to the online sources above, the last August 2014 No.95 issue of Scripophily magazine contains the following stories :
  • Scripophily of the 1893 World's Columbian Exposition
  • The Long Distance Telephone Company and AT&T
  • Rare Chinese scripophily at Spink's Jan 2014 Hong Kong auction
  • Flights of Fancy, about early spectacular airplanes
  • Cox's Corner : Scanning certificates
  • Jewish Colonial Trust
  • An interview with retiring society auctioneer Bruce Castlo
  • Sexy vignettes
  • other periodical topics : society matters, news, bourse reviews, auction reviews, events calendar, member classifieds, book reviews, interviews and lots of pictures of collector friends and scripophily.

F.L.