Result list 10 April 2021

The results of our April 10 sale are now online. Unsold items can be obtained in our aftersale until May 9 (first come, first served). .

Lotnumber: 580
Less than 100 American Shares of 500 lire, specimen. red, black. These shares were to be issued in the US late 1929 but due to the October Crash, this was delayed until Feb. 1930. It was one of the first large offerings of capital stock (140,000 shares) since the crash. They were sold at $44 with a yield of about 6%.The general Edison story is probably well-known to our readers (founded 1884 as a power utility, built Europe's first power plant, by 1960 it was Italy's second largest chemical company, merged with Montecatini in 1966). Extremely rare share from its American listing.
Themes: CHEMICALS, ELECTRICITY
ITALY, USA
AMERICAN BANKNOTE CO
Date: 1929
Quality: UNC
Startprice: € 150