ST. MICHIELS-OESTEL. Aandeel Fl.100. Serie 1. black. No 278. Folds, a couple brown spots at the borders and a few tiny edge-splits. Founded 1838 to introduce the silkworm-breeding in the Netherlands. The initiator was Corneille Berail, a man raised in France (French father, Dutch mother) where he discovered the silk business. In 1838 he established this company, the first one of this kind in the Netherlands. The Dutch King Willem II personally bought 25 shares in the newly found company to support Berail's efforts. He built a silk farm in Kleine Ruwenberg andachieved good results. A lack of good heating during the winter of 1843/44 however caused most silkworms to die. The company was liquidated three years later. Certainly a very rare piece. Very little Dutch scripophily pieces have been found from this period.
Date: 1 July 1842
Startprice: € 400