Sunday, January 12, 2020

Daimler-Benz auctioned in Würzburg

Historisches Wertpapierhaus AG (HWPH) has scheduled its next double-session sale for 25 and 27 January 2020. Specialist Matthias Schmitt and his team brought together over 2,000 lots of scripophily and related documents for this special occasion. Included is a unique collection of antique Daimler-Benz securities. 

This 1952 Daimler-Benz AG 1000 DM unissed share brings the portraits of Gottlieb Daimler and Carl Benz surrounded by a multitude of security printing patterns (click image to enlarge). The only one known, the certificate is part of the Daimler-Benz collection. Lot 635 (or 673, see text) in the auction.

The first sale is a live auction at Würzburg, Germany, followed two days later by an online auction.  Both sales offer historic and beautiful antique stocks and bonds from all continents. More about the Daimler-Benz collection right away, but let me first mention some of the many other lots worth having a look at. 

Flamingo Films stock certificate signed by Buster Keaton

Flamingo Films, Inc., Florida, $100 share, 1933 issued to and signed by Buster Keaton as President. The acrobatic Buster Keaton became one of the first stars on screen alongside Harald Lloyd and Charlie Chaplin. Lot 626 in the sale starts at €2500

Scripophily from the USA, and from most other countries, can be found in both sales, so make sure you check out both auction catalogs. Movie fans will certainly appreciate a spectacular Buster Keaton share from 1933, L(ot) 626 in the sale, see image above.

Playing in the same top league is a New York and Harlem Rail Road Company stock certificate. Ladies may know all about Gloria Vanderbilt and her perfumes, but this NYHRR share from 1848 is signed by Gloria Vanderbilt's grandfather Cornelius Vanderbilt II, her great-grandfather William Henry Vanderbilt and even her great-great-grandfather Commodore Cornelius Vanderbilt. L624 starts at €5000.

Obligation 1000 Francs in Editions de la Sirene, design by Demetrios Galanis

Éditions de la Sirène - Compagnie Française d'Édition
7% 1000 Francs obligation, Paris, 1922, printed by L. Kaldor, design by D. Galanis
Demetrios Galanis (1879-1966) is one of the greatest Greek artists from the 20th century.  A friend of Picasso, Galanis works received acclaim from the 1920s onwards in Brussels, London, and New York. In 2008 Bonhams sold The Painter's Family for £264,000. Other work can be seen in the Tate Gallery. L102 in the sale

European scripophily is known for some of the most artistic designs seen in this field. L102 is stunning certificate designed by Demetrios Galanis, see image above. Other reknown artists can be discovered on lots 131 & 144, Alfons Mucha, 630, Marcel Duchamp, 997, Kiki Picasso, and 1324 Albert Decaris.

Other interesting securities from the Old Continent are jeweler and watchmaker Cartier, L97, a stunning 1884 share from the Portuguese porcelain manufacturer Fabrica de Faiancas das Caldas da Rainha, L105. Equally marvellous in design, and partly printed in gold ink, is L644, a 1863 mining share from the Mátrai  Bánya Egyesületnél - Matraer Bergwerks-Union, Buda(pest).

Benz & Cie., Rheinische Gasmotoren-Fabrik, AG in Mannheim, 4.5% 1000 Mark bond, 1909 
Part of the Daimler-Benz collection, lot 635 (or 666, see text) in the auction.

Daimler-Benz was formed with the merger of Benz & Cie and Daimler Motoren Gesellschaft in 1926. Both companies agreed thereafter that all of the factories would use the brand name of "Mercedes-Benz" on their automobiles. The name Mercedes comes from Mercedes Adrienne Ramona Manuela Jellinek. She was the daughter of Austrian automobile entrepreneur Emil Jellinek and Rachel Goggmann Cenrobert. Jellinek became one of Daimler's directors in 1900 and had a new motor racing car built. Its engine had to be named Daimler-Mercedes. The car became famous in motorsports and was later known as the Mercedes 35 hp.

The Daimler-Benz collection contains rare scripophily from the company, its predecessors, related international companies and the successor company DaimlerChrysler. All together counting 176 items, the collection is offered in thirteen group lots (L665-L677), unless the entire collection attracts bidders first, L635.

Some more German highlights : Actien-Verein für den zoologischen Garten zu Dresden, 1861, L634, and Hütten-Actien-Gesellschaft Leopold, 1858, L643. Some DM-era names : Allgemeine Elektricitäts-Gesellschaft 1952, L462, Pelikan AG, 1978, L552, and Volkswagen AG (trio including the "Beetle"), L1769.

Five bonds of 100 Roubles, specimen certificate, from the Internal Loan for the Strenghtening of the Defense of the USSR 1937. L812 in the auction

Collectors of scripophily from the Russian Empire and the Soviet Union will be pleased to see more than 170 lots in a dedicated catalog in Russian. One of these is L659, a 500 Roubles share in the First Horse-Tram Company in Moscow, dated 1866.

share from the Plano Inclinado Pilar da Bahia company

Companhia Plano Inclinado Pilar da Bahia, Acção 200$000 Reis, 1898
Founded in 1897, the Pilar funicular of Salvador da Bahia has a steep grade of about 80% !
L1828 starts at €100

You can find more of these fascinating stocks and bonds in HWPH's auction catalogs. Here are the details of this event:
  • Dates
    • 25 January 2020, Würzburg, Germany, public auction
    • 27 January 2020, online auction
  • Further info and catalogs, see here on HWPH. The Russian catalog can be found there .


No comments:

Post a Comment