Result list 6 April 2019

The results of our April 6 sale will be online on April 7 here. .

Lotnumber: 251
ANVERS. Action de F1000. black. No 1819. Folds and a few repaired edge-tears. Formed in 1837 by a number of leading Antwerp businessmen, with a capital of F25 million. The capital was very high for a bank of the time, and it is very doubtful if all the shares were sold. The new bank never issued notes, and did little discount business. Its resources consisted only of deposits on current accounts and the profits from its operations. At the panic of 1848, it suspended payments. It appealed to the Société Générale for help, but in vain, and the bank went into liquidation in that same year. Some F600 was paid out per F1000 share, as shown by capital repayment stamps on the share. This is a share of the first (and probably only) issue. The founders included Theodore de Cock, François deKinder and Henri Le Grelle. The oldest Antwerp bank piece, 20 years older than the number two, the Caisse Anversoise C. Van Lidth. Extremely rare.
Themes: BANKS & FINANCE
BELGIUM
Province: ANTWERPEN
Date: 1 October 1838
Quality: VF
Startprice: € 200