Result list 4 April 2020

The results of our April 4 sale is now online. Unsold items can be obtained in our aftersale until May 3 (first come, first served). .

Lotnumber: 398
BUDAPEST. 25 Aktien über je 200 Kronen. brown, olive. No 85976-86000. Small tear at upper right corner repaired. The company was founded 1895, with a capital of 10m. kronen. The main activity was passenger and freight transport in the Danube and other rivers, as well as sea navigation in the Black and Mediterranean Seas.The capital was increased in 1914, 1916, 1918 and 1923. Stagnant economic conditions in central Europe in the early 1920s cut the company's freight earnings, although passenger trade remained at a good level. At this date the company owned 77 ships. There were certificates for 1, 5, 10 and 25 shares. This share is one of the most beautiful of old Hungarian shares. Clockwise from the lower left, we see Budapest (Chain Bridge), Bratislava, Belgrade and the Iron Gate Gorge. The company still exists today as the Hungarian Navigation Company Ltd. (M.H.R.t.). Text in Hungarian on the face, with German, English and French on the reverse. Border part Jugendstil. This top denomination is extremely rare.
Date: 27 June 1916
Quality: VF
Startprice: € 200