UKRAINE. ODESSA. Action de 200 Rbls. green, brown, black. No 605. Folds and some tiny edge-splits. Text in Russian and French. Founded by Teresa E. Rafalovitch in 1874. The family ran into financial difficulties in the 1890s which resulted in the sale of this paper factory in 1894. By 1908, the owner was I.I. Löwenberg. At that time, the company operated 3 steam engines and had a workforce of 76 people. Its turnover was 135.275 Rbls in 1908. It specialised in the production of thick paper. Only one other piece has ever been seen, auctioned in Germany severalyears ago.
Startprice: € 1000