Saturday, October 29, 2016

Scripophily magazine reports on one million pound treasury note

Scripophily, No. 101, published by the International Bond and Share Society (IBSS)brings plenty of articles on historic stocks and bonds :
  • 36 pages
  • 82 images of bond and share certificates
  • 23 auction reports
  • 17 authors and reporters
Among the magazine's news items, was an entry about lot 296 in Spink London’s April auction. The lot featured a £1,000,000 UK Treasury Note from 1948. This one million pound intermediate-term bond was issued in connection with the Marshall Aid plan after World War II. It is not interest-bearing and not negotiable: not paper money but a remarkable scripophily object. The same piece was once sold for £68,000 at Spink London's Oct 2008 auction. Now, it was hammered at £82,000. More information in issue 101 of Scripophily magazine.

£1,000,000 UK Treasury Note (debt obligation issued by the Treasury)
Cancelled, 6 October 1948, Bank of England
printed signature of E.E. Bridges, Permanent Secretary to the Treasury

In the July publication the IBSS further announces the society's new website: it has many sections, just see for yourself at Webmaster Tim Welo did a fine job and aims for even more content. He can be reached at Development of the site was made possible by the financial generosity of Scott Winslow.

What's else in the magazine ? Here's, an overview of the other stories in Scripophily's last issue :
  • While the election year rages on, some bull is never forgotten , about Rudolph Jr, a 3-year-old steer
  • Advertising securities
  • French slave trading company
  • Heading for Saudi Arabia on a warship , a story on Arabian gold mining
  • Compagnie Universelle du Canal Interocéanique de Panama
  • The palaces of the railroads : major US railroad stations on securities
  • Grafton Tyler Brown and the flowering of lithographed mining stocks in the 1870s West
  • Cox's Corner : Abandon the "Race to the bottom"
Other periodical topics : society matters, news, bourse reviews, auction reviews, events calendar, member classifieds, book reviews, interviews, letters to the editor and lots of pictures of collector friends and scripophily. 


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