Wednesday, September 9, 2020

Antique securities up for sale at SPINK's Autumn 2020 Bonds and Shares auction

Spink and Son Ltd specialises in the auctioning of stamps, coins, banknotes, medals, autographs, books, wines, bonds and shares. Their latest sale went online earlier this week and ends at 11 AM, Sep 22. Over 650 lots of antique securities will go on the block. 


share certificate from a Utah mine company with vignette of a bluebird

The auction features many historic and decorative share certificates. This one, L(ot) 564 in the auction, is from The Bluebird Copper-Gold Mining Company Ltd. The print features a great vignette of a mountain bluebird which lives in open country across western North America. Click the image to enlarge. 
P. H. Franklin from Salt Lake City founded The Bluebird Copper-Gold Mining Company Ltd in 1901. He signed this 1902 share as president. Other co-founders were M. J. True, Jos. Kittinger and F.A. Fox, all three from Buffalo, NY, and C.S. Hutchinson from Syracuse, NY, the location of the principal office. Operations took place at Milford, Beaver County, Utah. 


At stake in this sale are historic and vintage stocks and bonds from many countries. Main sections include British canals, civil engineering, docks & harbours, piers, bridges and railways, as well as Irish railway scripophily and stocks and bonds from American mining and railroad companies. 


share certificate of the Monmouthshire Railway and Canal company with canal vignette

The Monmouthshire Railway and Canal Company operated a canal and a network of railways in south-east Wales. It started as the Monmouthshire Canal Navigation and opened canals from Newport to Pontypool and to Crumlin from 1796. The vignette on this 1852 share certificate shows a train and a horse-drawn barge nearing a canal bridge. L120 in the auction. 


The auction features over 250 bonds and shares from British railways, canals, docks & harbours, and pier and bridge companies. Some examples :
  • Historic is L119, a share in the company 'for making the rivers Mercy and Irwell navigable from Liverpool to Manchester, in the County Palatine of Lancaster', dated 1724 ! Ten years later small boats were able to sail from the centre of Manchester through to the Irish Sea. Printed on vellum, extraordinary lettering, red wax seal with sailing ship and paper revenue stamps, genuine signatures, in other words lots to enjoy. 
  • A red paper seal depicting a bridge adorns The Hoarwithy Bridge Company share from 1855. L333
  • Two shares from the Vauxhall Bridge company, L362 and L363, parade a stunning copper seal. The first iron bridge over the Thames river opened in 1816.
  • L283 St. Helen's and Runcorn Gap Railway, early share from 1830 
  • Train watchers can be spotted on The Leeds and Thirsk Railway Company share from 1846, L227 


A series of 23 Irish lots follow, most of these consisting of scarce railway securities. The following Newry Navigation Company share offers a splendid vignette and a great story.


share certificate from the Newry Navigation Company issued to the Earl of Kilmorey

Francis Jack Needham, Earl of Kilmorey (1787-1880), purchased this share in 1834. Lord Kilmorey had married Jane Gun-Cuninghame in 1814. He became High Sheriff of Down. Over fifty years old  Francis Jack became the legal guardian of the twenty year old Priscilla Anne Hoste. She was the daughter of the late Admiral Sir William Hoste and Lady Harriet Walpole. The Earl and Priscilla quickly became lovers and ran off together. A year later, in July 1844, they had a son, Charles. The Earl acknowledged his son and gave him his surname. He housed his wife and his beloved Priscilla in adjoining houses connected with a tunnel. L392, Newry Navigation Company 1834, £50 share issued to Francis Jack Needham, Earl of Kilmorey. 


The second half of the sale counts over 250 lots from North, Central & South America.  A selection from the catalog :
  • Atrato Mining Company, Colombia, 1880, unique vignette of river dredging activity, detailed map of South America in embossed seal, and more to see, L428 
  • L415, Bolivia Trading Company, 100 shares of $10, 1902, large llama vignette 
  • L433 is a rare Consolidated External Debt of Costa Rica £100 bond from 1886 
  • Puget Sound, Chelan and Spoke Railway Company, share certificate from 1910 with triple pane vignette 
  • Stock ticker vignettes are seldomly seen, but here is one on the Electric Reporting Company share from 1884, L624 


vignette depicting cowboy and Christian church

The Guayabillas Mining Company operated near Yuscaran, Honduras, where the Spaniards found gold and silver in its foothills in 1746. L439 in the sale


Make sure you check out online more of these wonderful securities. Here are the details :

  • Location : this is an Internet only auction
  • Date : Sep 2 15:00 - Sep 22 11:00.
  • Further info and online catalog: see here 



F.L.

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