Friday, February 9, 2024

FHW's 125th auction is online with exceptional antique stocks and bonds

Jörg Benecke has scheduled FHW's 125th sale for 2 March 2024. With his team he brought together 2000 lots of scripophily and related documents. The event, a live auction held at FHW's home base Wolfenbüttel, offers historic and beautiful antique stocks and bonds from all continents. 

A highlight in FHW's auction is L(ot)962, a 1858 share in the Eisenhütten-AG Blücher, an early steel company from Dortmund. Germany's Ruhr area counted almost 300 coal mines by the 1850s. Coal was exported or processed in coking ovens into coke, used in blast furnaces, producing iron and steel. This 200 Thaler share depicts Generalfeldmarschall Gebhard Leberecht von Blücher who won several battles against Napoleon’s troops. He joined Wellington at the Battle of Waterloo, his army playing a decisive role in the final victory. The vignette shows von Blücher wearing the Star of the Grand Cross of the Iron Cross awarded only twice in history. This rare and spectacular lithoprint by H. Kaufmann from Münster starts at €2,800. 

The Eisenhütten-AG Blücher certificate is part of the Deutschland bis 1945 chapter that includes about 650 lots. Some of the other historic items here are:
  • Deutsche Bank, Berlin, 200 Thaler share, 1881, extremely rare and a top object in any international finance collection 
  • Junkers Flugzeug- und Motorenwerke AG, 1000 shares certificate, from the Reichsbank archives
  • LLoyd-Werft Aktiengesellschaft, builder of boats, 10000 Mark share 1923, underprint of a sailboat and a hand emerging from the water rescuing a canoe.
  • Münchener Trambahn-Actien-Gesellschaft, 400 Mark share, 1882, rare founder's share 

Part of the 200 lots in the Deutschland ab 1945 chapter, is this BASF specimen 1000 shares certificate. BASF as we know it today was reorganized in 1952 and became the largest producer of chemicals in the world. In the 1960s and 1970s BASF succesfully sold computer tape and other storage devices. At the end of the 1970s the company marketed Hitachi's mainframe computers and soon thereafter launched their own line of business microcomputers like the BASF 7120 model. The certificate dates from 1967 and shows the Ludwigshafen production site.  L1457 starts at €500. 

A surprise is the sale of a complete collection of stocks and bonds related to Israel. About 130 certificates, spanning two centuries, are initially offered as one lot at €20,000, L24. In case of no bids, buyers have the opportunity to bid on the individual lots. 

This certificate from The Arab Cigarettes and Tombac Company Ltd is part of the Israel collection. The company was founded in Nazareth, which is the largest Arab city in Israel today. The company traded in cigarettes and tombac, a unwashed natural tobacco leaf used with the waterpipe. This unissued share of 1 Palestine pound with text in English and Arabic might be available from €240. 

Over 350 lots are comprised in the USA chapter. Among the many interesting items are: 
  • L1743 Florida Land Rock Phosphate Company, Western Bank Note engraving, 1894, unique vignette of phosphate miners in forest 
  • L1835 New Orleans, Opelousas and Great Westeren Rail Road Company, stock certificate, 1855, large train vignette, signed by Benjamin Franklin Flanders, Governor of Louisiana and mayor of New Orleans, who formed the 'Friends of Universal Suffrage' 
  • L1680 Central New England Railway Company, preferred stock, 1906, large Poughkeepsie Bridge vignette 
  • L1652 Apperson Bros. Automobile Company 

Steel engraving is the trademark of the American Bank Note Company. With no sales recorded during the past ten years in the database, this stock from the Tennesee based Morristown and Cumberland Gap Railroad can find a new home from €500 onwards. L1824 

The auction catalog counts over 200 pages. You'll find several more chapters in it, including two with items offered at half of their previous start price. So, lots to discover there. Here are the details :
  • Location : The event takes place at the company headquarters in Wolfenbüttel.
  • Date : 2 March, 2024
  • Further info, see here; PDF catalog see there; live bidding is possible through  

L277: Sociedad del Teatro Chapi de Villena, 25 pesetas share from 1915, vignette of the Spanish composer Ruperto Chapi, lovely Art Nouveau design, €150 


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