AUSTRIA. WIEN/ST. PÖLTEN. Kux-Schein, unissued. olive, black. #128. Some edge-damage at upper and lower border (but not into printed part and repaired). Founded in 1854 by Carl Barth from Zwettl. Its goal consisted of exploring brown iron ore and melting it in blast furnaces. Apart from his business partner Wilhelm Reuss ausZilling, he could rely on about 90 workers. Expectations were high but unfortunately not met as from the very beginning the company encountered various disasters. During the first year, the mine was hit by high tide and production was only limited to 34 Ton. Moreover, the ore proportion only amounted to 12-15%, far unsatisfactory to be melted. As imports were too expensive, the furnace was too often idle. The company also suffered from a price decline following the German-Austrian war in1866 and competition of modern and more favorably located furnaces. Finally, the company was liquidated in 1871 and its furnace was transferred to another company. Especially the surface mining of the Neusiedler Revies knew some varying success and it survived until short after the end of the 19th century. Later research reconfirmed the low level of ore in Voitsau, Dankholze and Koppenh. What is left is a truly magnificent share certificate, with plenty of vignettes - see picture. Less than 5 pieces, all unissued, have been seen over the years.
Themes: METAL & ENGINEERING, MINES (no gold, silver, coal)
Startprice: € 1600