Résultats de vente

Ici vous trouvez les résultats de notre 63ème vente qui a eu lieu le 9 Novembre 2019. 

No. du lot: 1291
STOCKHOLM. 1 Aktie 100 Kronor. green, black. No 4048. Ivar Kreuger was known as the Match King. He is also known to financial historians as author of one of the greatest of frauds. From the match factory which he inherited, Kreuger built up a giant business, reaching to many parts of the world; this was based on exclusive monopolies for matches, which he had arranged in various countries. Since he had a good reputation, from which others wished to benefit, he had almost unlimited credit. The shareholders received large dividends, which were taken as a sign that the business was flourishing. During the 1920s Kreuger lent large sums of money to poor countries in central Europe. These came, apparently, from the large profits earned by the Kreuger business. In fact Kreuger had to borrow much or all of this money. In one case the security consisted of a quantity of Italian state bonds and promissory notes totalling 142 million dollars. They were all forged; they were printed by the same company which printed his company's shares, and which had been sworn to secrecy. Kreuger himself forged the signature of the Italian minister of finances. He must have been in a state of panic, as he spelled the minister's name in three different ways. He committed suicide in Paris in 1932, and only afterwards didit became clear how large the fraud was. The company was liquidated in 1932. The shares were worthless, and the bondholders received various small sums as assets were realised. Personally signed by Ivar's father, Ernst Kreuger (1852-1946) who had started the family match business with factories in Kalmar, Frederiksdal and Mönsteras.
Thèmes: TOBACCO
SWEDEN
KREUGER, Ernst
Date: 15 July 1921
Qualité: EF
Prix de départ: € 50