Result list 1 April 2017

The results of our April sale will be available here on April 2.

Lotnumber: 604
NORDRHEIN-WESTFALEN. CÖLN AM RHEIN. Actie über 100 Thaler. black, brown. #6000. No 32408. Text in German on one side and in French on the other side. This is logical because the roots of this very important German mining and metallurgical company lay in France. Indeed, the company was founded in 1852 in Eschweiler according to French law by Michiels & Co. and Anton Wilhelm Hüffer. Blast-furnaces and steel works were constructed in Laar and Kupferdrech the next year. Phönix also quickly took over its founding company, Michiels & Co, as well as the Soc. des Mines et Fonderies du Rhin Ch.Détillieux & Co. Expansion continued at high speed with many take-overs between 1896 and 1908 (Meidericher Steinkohlenbergwerks-AG, Westfälischen Union, Zeche Nordstern, Hörder Bergwerks- und Hütten-Verein and the Düsseldorfer Röhren- und Eisenwalzwerke). Headquarters moved from Dortmund to Düsseldorf in 1921. Five years later, the company was integrated into the newly formed giant Vereinigte Stahlwerke AG. After World War II, the company regained its independence as the 1955 incorporated Phoenix-Rheinrohr AG, quickly merging with the Vereinigte Hütten- und Röhrenwerke. In 1966, the August Thyssen-Hütte AG obtained the majority of the shares and consolidated the firm into the Mannesmannröhren-Werke AG. What we offer here isa share from 1855, when the company's first capital increase took place. Extremely rare - perhaps 6-7 pieces known, and hugely important as early symbol of German industrial development. Rarity 9.
Themes: MINES (no gold, silver, coal)
Date: 1855
Quality: VF
Startprice: € 1000