Result list 9 November 2019

The results of our November 9 sale is now online. Unsold items can be obtained in our aftersale until December 8 (first come, first served). .

Lotnumber: 407
AUSTRIA. WIEN. Actie über 500 Gulden Oe.W.. blue, buff, black. No 1709. Repaired (edge-)tears. Perhaps the prettiest, and certainly most exotic, of all Austro-Hungarian shares - see picture. The company was founded in 1887 to develop trade relations with Asia (tobacco, thee,...) and Latin America (silver). Due to a combination of the price collaps of silver and a fraudelous experience in Mexico, the company made serious losses in 1892. The company debt increased to roughly 3,5 million guilders while the company capital was only some 1 million Guilders. As a result, the company wa liquidated soon after. Company title also in English (Austro Transmarine Trading Co.) and Dutch (Oostenrijksche Overzeesche Handel Maatschappij) due to important capital input from Dutch investors. Extremely rare share.
Themes: COLONIES, SHIPPING
k.k.MONARCHIE
ENGEL
Date: 24 September 1887
Quality: VF
Startprice: € 2000