bonds & share certificates of the world

Bonds and Share C

ertificates of the World

FRID

AY 20 M

AY 2011

11006Spink L

ondon

COINS STAMPS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS & BOOKS

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Bonds and Share Certificatesof the World

LONDON, FRIDAY 20 MAY 2011

Bonds 11006 cover:Layout 1 20/4/11 14:30

Coins, Stamps, Banknotes, Medals,Bonds & Shares, Autographs & Books

AUCTION CALENDAR

2011

The above sale dates are subject to change

Spink offers the following servicesValuations for insurance and probate for individual items or whole collections.

Sales on a commission basis either of individual pieces or whole collections.

Stamps5/6 May Spring Collector’s Series Sale London 1101825/26 May The Rolfe E. Wyer Collection of French Colonies New York8 June Dr. Robert Towers Collection of British Empire London 1102530 June The Pasha Collection of Islamic Proofs, Stamps and Postal History Part 1 London 1102813/14 July Summer Collector’s Series Sale London 11029July (TBA) Philatelic Collector’s Series Sale New York25 September Fine Stamps & Covers of South East Asia Singapore 11016

Banknotes20/21 May Texas Numismatic Association Sale Fort Worth24 September Banknotes & Bonds of South East Asia Singapore 1101727/28/29 September World Banknotes London 110198 December World Banknotes London 11020

Bonds and Shares20/21 May Texas Numismatic Association Sale Fort Worth20 May Bonds & Share Certificates of the World London 1100621 October Bonds & Share Certificates of the World London 11022

Medals21 July Orders, Decorations, Campaign Medals & Militaria London 1101024 November Orders, Decorations, Campaign Medals & Militaria London 11011

Coins20/21 May Texas Numismatic Association Sale Fort Worth23 June Ancient, English & Foreign Coins and Commemorative Medals London 110096 October Ancient, English & Foreign Coins and Commemorative Medals London 110231 December Ancient, English & Foreign Coins and Commemorative Medals London 11024

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AutographsRobert Litzenberger

Orders, Decorations, Medals & MilitariaMark Quayle Oliver Pepys

BooksPhilip Skingley Rebecca Mason

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Bonds and Share Certificates of the WorldFriday 20 May 2011 at 10.00 a.m.69 Southampton Row, Bloomsbury, London WC1B 4ET, Uk

and on

Front Cover Illustration: 340

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Viewing at 69 Southampton Row:Thursday 19 May 2011 10.00 a.m.- 5.00 p.m.Morning of Sale from 9.30 a.m.

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Bonds 11006 pages:Layout 1 20/4/11 14:05 Page 1

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Bonds and Share Certificates of the World

Morning Session at 10.00am

INDEX BY COUNTRY

AFRICAMixed Lot 1Belgian Congo 2French Colonial Africa 3Mozambique 4-5Reunion 6Sierra Leone 7South Africa 8-13

EGYPT & ThE MIDDLE EASTEgypt 14-35Iraq 36Morocco 37Palestine 38-45

ASIAChina:

Foreign Loans 46-91Internal Loans 92-103Provincial Loans 104-111Municipal Loans 112-114Commercial and Industrial 115-138

Indochina 139India 140-150Japan 151-159Malaya 160netherlands Indies 161Philippines 162-164Thailand/Siam 165-169

AUSTRALASIAAustralia 170-183new Zealand 184-186oceania 187-188

CAnADA 189-198

EURoPEAustria 199-200Belgium 201-209Bulgaria 210-216Croatia 217-218Czechoslovakia 219-221Denmark 222-227

Finland 228France 229-252Germany 253-301Gibraltar 302Greece 303-310hungary 311-314Iceland 315-317Ireland 318-321Italy 322-325netherlands and Colonies 326-329norway 330-331Poland 332-334Portugal and Colonies 335-343Roumania 344Serbia 345-348Spain 349-366Sweden 367-368Switzerland 369-371Turkey/ottoman Empire 372-374

GREAT BRITAInGovernment 375-381Canals 382-389Railways 390-408Shipping & Shipbuilding 409-470Aviation 471-474Piers, Docks and harbours 475-485Buses and Taxis 486-487Motor Cars and Cycles 488-491Mining and oil 492-505Gas and Water 506-509Breweries and Distilleries 510-528Commercial and Industrial 529-558

LATIn AMERICAMixed lots 559-560Argentina 561-576Bolivia 577Brazil 578-588Chile 589-590Costa Rica 591Cuba 592-602Ecuador 603Mexico 604-628nicaragua 629Panama 630


May 20, 2011 - London

THEMATIC INDEX

USAMixed Lot 678State Loans 679-687Confederate Bonds 688-689Railroads 690-704Shipping and Shipbuilding 705-711Mining and oil 712-719Commercial and Industrial 720-726

WEST InDIES 727-728

Land 122, 175Lumber 195Military 92, 109-111, 206, 705Mining 8, 10, 12, 144, 150, 161, 172, 173,

176, 178, 182, 184, 319, 328, 331, 359, 362, 364,492-504, 573, 601, 713-715, 717-719

Mortgage 295, 296, 632, 677Motor Cars/Cycles 90, 146, 224, 272-291, 293,

308-310, 360, 371, 488-491oil 32, 230, 342, 505, 594, 628, 712Photography 549-551Piers 354, 475-485Plantations 347, 629Ports and harbours 28, 151Printing 539Public Works 294, 638Publicity 251Publishing 5Railways 4, 49- 55, 58-68, 81-83, 89, 162, 163,

186, 189-192, 203, 232, 234, 235, 320, 321,350-353, 390-408, 559, 586, 587, 595, 597,598, 610, 611, 619, 620-626, 645, 660-668,

690-704, 727Retail 536Rubber 226Shipping 140, 170, 171, 315-317, 329, 368,

409-470, 546-548, 566, 639, 646, 707-710Shops 555Sport 245, 640Steel 545, 545Sulphur 323, 363Tea 145Telephone 227, 596, 641Textiles 123, 143, 249, 358, 365, 533, 637, 670Theatre/Entertainment 239, 338, 339, 529,

554, 558Thermal Establishments 238, 252, 325Tobacco 164, 215, 327, 532, 674, 675Tramways 180, 225, 236, 568, 572, 643Trust Companies 136, 197Waterworks 131, 507-509

Paraguay 631Poyais 632-633Peru 634Uruguay 635-643Venezuela 644-646

RUSSIAState Loans 647-652City Loans 653-659Railways 660-668Commercial and Industrial 669-677

Agriculture 15, 30, 122, 174, 185, 228, 295,552, 553, 642

Animals 31, 209, 574, 576Aviation 96, 471-474Banking 25-27, 56, 57, 74-79, 115-119,

127-129, 139, 141, 155- 159, 207, 218,298, 304, 311-313, 344-346, 348, 374, 531,

541, 561-563, 590, 603, 627, 631-634, 669, 722Breweries/Distilleries 213, 510-528, 720, 723Building 542Buses/Taxis 486, 487Canals 382-389, 571, 630, 687Cinema 306City Loans 104-108, 112-114, 152, 199,

258-264, 267, 268, 333, 367,381, 582, 583, 593, 616-618, 653-659

Coal 307, 716Coffee 580Colonial Trade 2, 3, 222, 300, 301, 326, 335Construction 33, 103, 231, 361, 543Diamonds 1, 9Docks & Wharves 569, 750, 711Electricity 44, 124, 126, 200, 221, 237,

297, 299, 341, 369, 537Engineering Companies 219Estates 204, 564Explosives/nitrate 538, 540Express Companies 721Finance 121Food & Drink 20, 135, 193, 194, 205, 205A,

214, 248, 250, 314, 357, 530Foundries 356Gas 233, 302, 506, 575Government 36-38, 165-168, 211, 212,

253-257, 265, 266, 269, 270, 271, 318, 375-381,577-579, 581, 584, 585, 589, 591, 592, 604, 606,

607-609, 612-615, 633, 644, 648, 651, 679-686hotels 35, 45, 556,Insurance 137, 138, 142, 336, 567, 599Iron 672Judaica 40-43


INTERNATIONAL BOND AND SHARE SOCIETY

–– LONDON BOURSE ––

Saturday 21st May 2011Bourse Hours 10.30 am to 4.00 pm (Dealer set-up at 10.00 am)

IMPERIAL HOTEL – LONDONRussell Square, London WC1B 5BB

All visitors are welcome.

Free entry.

Refreshments available all day.

About 20 Dealers and Auctioneers will be attending from the U.K.,Germany, France and other countries.

Your ideal opportunity to add to your collection.

For further information please contact either

Mike Veissid ([email protected]) orBruce Castlo ([email protected])

Sponsored by Antiquepapermoney.com


AFRICA1British Africa: an accumulation of certificates (34)from South Africa, Rhodesia, Gold Coast, nigeria andkenya, 1890 to 1950, some duplication, includingnorthern Transvaal Lands Co. Ltd., 18[90] (3examples); Total Gold Extraction Co. Ltd., 10 shares,189[6[; hector Gold Mining Co. Ltd., 190[7]; EastGwanda Mines Ltd., £100 debenture, 1905; Bundum(nigeria) Tin Areas Ltd., 19[12] (4 examples);Paardeberg Diamond Mines Ltd., 19[06]; LaceDiamond Mining Co. Ltd., 190[2], and Frank SmithDiamond Estates & Exploration Co. Ltd., 19[21],mixed condition, fine to about very fine. (34)

£160

FRIDAY 20 MAY 2011

commencing at 10.00 a.m.

All Sales are subject to the Conditions of Business printed at the back of this catalogue

EstimatesThe estimated selling price of each lot is printed below the lot description and does not include the Buyer’s Premium.

Bidders should bear in mind that estimates are prepared well in advance of the sale and are not definitive.They are subject to revision.

Notes on CataloguingDates in the catalogue are shown thus – 18[95] – where the 18 is printed and

the numbers in brackets are inserted by hand.

Serial numbers of lots are shown in most cases.

BELGIAN CONGO

2Comptoir Colonial Belge de l’Equateur, pair ofcertificates for ordinary and preference shares,Bruxelles 1920, colourful pieces with riverside village,palm trees and steamship, red and yellow and red andgreen, with coupons, very fine to extremely fine. (2)

£50


Page 5



5Beira Post Ltd., £1 shares, 1[899], no.30, issued toCompanhia de Mocambique, ornate border, red-brown, extremely fine.

£50

The first newspaper in Mozambique, first published in1893, restarting in 1898 after a short interlude. It waspublished in both English and Portuguese and issued it’sfinal edition in 1917 at the height of the European War.

REUNION

6S.A. de la Rivière des Roches, nominative share of100 francs, St.Denis 1890, no.4457, lovely design of afactory alongside the river with a bridge in foreground,palm trees with sacks and boxes of produce includingtapioca and starch, about extremely fine.

£140

SIERRA LEONE

7Sherbro Trading Syndicate Ltd., £1 shares, 190[8],no.98, hippopotamus in centre with small vignettes ofsteamship and steam train at either side, ornate border,green and black, pink underprint, gold seal, good veryfine.

£100

FRENCH COLONIAL AFRICA

3The Anglo-African Produce Company, two 100francs shares, 1897 and 1898, no. 1794 and 4399,brown and blue respectively, ornate borders, arms attop centre, vignette with harbour scene at low centre,almost extremely fine and extremely fine (2)

£50

MOZAMBIQUE

4Beira Junction Railway (Port Beira to Fontesville)Ltd., bearer certificate for 10 shares, 1895, no.5838,signed by the Trustees, ornate border incorporatingvignette of steam locomotive at bottom, orange andblue, stamped cancelled, with coupons, almostextremely fine.

£50

Registered 1895 to build the railway from the harbour ofBeira to Fontesville, where it joined the Beira RailwayCo. Ltd., in the territory of the Portuguese controlledMozambique Company. Voluntary liquidation 1930and acquired by the Beira Railway Co. Ltd.

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11Rose Deep Limited (S.A.R.), bearer warrant for 5shares of £1, London 19[11], capital £425,000overprinted with £700,000 in black, allegorical femalein centre, ornate border, red and black, text in Englishand French, printed by Waterlow & Sons, withcoupons, a couple of very small edge tears at top, veryfine.

£50

12Transvalia Land Exploration and Mining Co. Ltd.,a set of 4 specimen certificates from the Bradbury,Wilkinson & Co. archive for 1, 5, 10 and 25 shares of£1, 18- (circa 1890), ornate borders, arms with flags attop, text in English, French and German, black withbrown, green, blue and pink underprints respectively,with coupons, small hole cancels, generally extremelyfine. (4)

£120

13Zuid-Afrikaansche Vuurhoutjes-Fabrieken, 1000gulden share, 1st series, Gravenhage 1899, no.016,ornate border, brown, with coupons, extremely fine.

£75

SOUTH AFRICA8A useful selection of certificates from South Africa,comprising Transvaal Prospecting Company Limited,1889; Eastleigh Mines Limited, 1895 (3); orangeRiver Estates Company Limited, 1896 and ShebaGold Mining Company Limited, 1924; Rhodesia,comprising British South Africa Company, 1924 and1955; Somerset (Matabele) Development CompanyLimited, 1900; Antenior (Matabele) Gold MinesLimited, 2 types, 1899 and 1900; Bartissol GoldMining Company Limited, 1899 and new RhodesiaMines Limited, 1909 (4) and 1910; Gold Coast,comprising Andrews’ Wassau Concessions SyndicateLimited, 1901 (2); Claude’s Ashanti GoldfieldsLimited, 1901 (2, fully paid, 1 part paid), and lastlyMozambique, Great Gold Zone Mining, Exploration& Estate Co. Ltd., 1890, fine to very fine, severalbetter. (23)

£150

9Cape of Good Hope Diamond Mining Co. Ltd.,bearer warrant for 5 shares of £5, 1881, no.1602,vignette of miner, repeated in embossed seal, ornateborder, printed by Blades, East & Blades, mauve, withcoupons, good very fine.

£80

10Rand Selection Corporation Ltd., a group of 5specimen certificates for 1, 5, 10, 25 and 50 shares of5/-, 19- (annotations for 1937), from the Bradbury,Wilkinson & Co. archive, vignette of mine works incentre, ornate borders, brown, red, lilac, green andblue respectively, text in English and French, withcoupons, small holes in signature areas, generallyextremely fine. (5)

£150

Page 7


16Agricultural Bank of Egypt, 31⁄2% Bonds, a set of 3specimen scrip certificates for £20, £100 and £500,9th May 1904, scrollwork at left and right, grey, redand mauve, with counterfoils, extremely fine or nearlyso. (3)

£100

17Agricultural Bank of Egypt, a set of specimen scripcertificates for 50, 100, 500 and 1000 shares of 4%cumulative preferred shares of £10 from the Bradbury,Wilkinson & Co. archive, 1905, plain printing withsmall amount of scrollwork, blue, green, orange andbrown respectively, with counterfoils, small holecancels, generally extremely fine. (4)

£120

18Agricultural Bank of Egypt, a set of specimen scripcertificates for £100, £1000 and £10,000 of 31⁄2%bonds, from the Bradbury, Wilkinson & Co. archive,november 1904, plain printing with small amount ofscrollwork, red, brown and green respectively, withcounterfoils, perforated CAnCELLED, generallyextremely fine. (3)

£100

19Anglo-Belgian Company of Egypt Limited, aspecimen bearer warrant for 100 shares of £2 10s each,from the Bradbury, Wilkinson & Co. archives,numbered D000, circa 1910, vignette of steam trainpassing pyramid, ornate border, red and black, withcoupons, extremely fine and a rare denomination ofwhich no issued examples have been seen.

£100

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EGYPT & THE MIDDLE EAST

EGYPT14A collection of Egyptian certificates, comprisingEgyptian Commercial and Trading Co. Ltd., £20shares, 1865; Boulangerie Mecanique hygieniqued’Egypte, 100 franc share, 1899, attractive borderwith several vignettes; Egyptian Land and GeneralTrust Ltd., 100 shares of £1, 190[7], large formatpiece with vignette of crocodile by riverbank; EgyptianLand Investment Company, founders share, 1905,oxen and plough at top; Egyptian Delta LightRailways Ltd., £100 debenture, 1904, very largeformat; Egyptian Markets Ltd., 5 shares of £1, [1907],and, other certificates (8), mixed condition but most arevery fine and several much better. A useful lot. (14)

£200


Page 8

15Agricultural Bank of Egypt, a set of 4 specimen scripcertificates for 1, 5, 10 and 25 4% preferred shares of£10, 16th november 1903, scrollwork at left andright, blue, green, orange and brown, withcounterfoil, extremely fine. (4)

£120


20Boulangerie Mecanique Hygienique d’Egypte, 100franc share, Alexandria 1899, no.4666, extremelyattractive border comprising vignettes of agriculturalscenes and ears of wheat, yellow-brown, with coupons,a tiny bit of spotting otherwise extremely fine.

£50

21Crédit Hypothécaire Agricole d’Egypte, 31⁄2%Mortgage bond, £E50, 1936, a specimen certificatefrom the Bradbury, Wilkinson & Co. archive, largeformat, vignette of oxen and plough, ornate border,text in French and Arabic, red-brown, black andorange, with coupons, overprinted SPECIMEn,extremely fine.

£80

This and the following lot appear to be exactly the sameapart from the colours. We assume that the following lotwas the final print as this was the specimen distributed tobanks and agents. No issued examples have been seen toconfirm this.


22Crédit Hypothécaire Agricole d’Egypte, 31⁄2%Mortgage bond, £E50, 1936, a specimen certificatefrom the Bradbury, Wilkinson & Co. archive, largeformat, vignette of oxen and plough, ornate border,text in French and Arabic, green, black and pink, withcoupons, red Bradbury Specimen stamp, extremelyfine.

£80

23Egyptian Delta Light Railways Limited, a specimen4% debenture for £100, 19-, from the Bradbury,Wilkinson & Co. archives, large format piece, vignetteof Sphinx, ornate border, red and blue, printers’annotation for 1914, overprint in green making thedebenture irredeemable and increasing the interestrate to 5%, with coupons, very fine to extremely fine.

£60

This issue of debentures commenced in 1897 and it isthese earlier certificates which are seen on the market.This later issue which is very similar but with adjustedtext is much more difficult to find.


26National Bank of Egypt, a group of sepecimen scripcertificates for 1, 5 and 10 shares of £10, July 1904,from the Bradbury, Wilkinson & Co. archive, fairlyplain format with scrollwork at either side, blue, greenand orange respectively, with panels for 1st, 2nd and3rd payment instalments, with counterfoils, capital£2,500,000, extremely fine. (3)

£100

27National Bank of Egypt, a set of 3 specimen scripcertificates for 1, 5 and 10 shares of £10, 13th June1905, capital £3,000,000, from the Bradbury,Wilkinson & Co. archive, scrollwork at left and right,blue, green and orange-brown, with counterfoils,extremely fine. (3)

£100

28Port Said Engineering Works S.A.Egyptienne,certificate for £E4 shares, undated but must be 1920’s,no.100, plain ‘English’ style printed in black, but withornate border of small swastikas, stamped CAnCELLED,fine to very fine and rare.

£50

29Sednaoui Zariffa Nahas & Co. Ltd., a set ofspecimen certificates for 1, 5, 10, 25, 50 and 100deferred shares of 1 shilling, 190- (annotations for1907) from the Bradbury, Wilkinson & Co. archive,vignette of pyramid with palm trees in the foreground,ornate borders, black with mauve, brown, red, orange,green and blue borders respectively, with coupons,small hole cancels, numbered 0000, generallyextremely fine. (6)

£500

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24Magasins et Entrepôts de Minet-el-Bassal S.A.,ordinary share of £E20, 1895, a specimen certificatefrom the Bradbury, Wilkinson & Co. archives, ornateborder and underprint, brown and black, withcoupons, tiny hole cancels in signature areas, small tearat bottom right edge, about extremely fine.

£100

25National Bank of Egypt, a set of 3 specimen scripcertificates for 1, 5 and 10 shares of £10, 1903, capital£2,000,000, from the Bradbury, Wilkinson & Co.archive, scrollwork at left and right, blue, green andorange-brown, with counterfoils, extremely fine. (3)

£100


Page 10


30Sidi Salem Company of Egypt, certificate for 25shares of £4 sterling, Alexandria 1909, no.48358-48382, attractive piece with steam tractors and ploughin field, ornate border, red and black, printed byWaterlow & Sons, with coupons, several endorsementson face and stamped CAnCELLED twice, a little creasedat edges but fine to very fine.

£80

31Societe Anonyme du Béhéra, a specimen bearerwarrant for 5 preference shares of £5, Alexandria1905, from the Bradbury, Wilkinson & Co. archives,large format piece with vignettes of river scene andoxen in field, ornate border, brown and black, withcoupons, printers annotation at top dated 1907, goodvery fine.

£100

32Soc. d’Etudes et de Recherches de Pètrole etd’Ozokérite à Marsa-Matrouh (Maurice N. Léon,Georges A. Peristiano & Co.), nominative certificatefor shares of £E4, Alexandria 1930[1], no.352, ornatescrollwork border, blue and pale blue, single centre foldotherwise about extremely fine.

£80


33Soc. Égyptienne de Ciment Portland Tourah-LeCaire, 10 shares of £E4, very unusual piece withEgyptian figures on architectural design surmountedby the sun and horus with outstretched wings,multicoloured, with coupons, stamped CAnCELLED,very fine to extremely fine.

£100

34Soc. Générale de Pressage et de Dépôts, a pair ofcertificates for 1 and 5 shares of £E2, Alexandria 1957,very large format with lovely borders with pyramids,steam train, ships at dockside, warehouses andfactories, yellow and black and blue and black, withcoupons, text in French and Arabic, stampedCAnCELLED, some ink smudging at right, morepronounced on the first piece, from the overprint, veryfine. (2)

£80


MOROCCO

37Gouvernement Impérial du Maroc, 1914 5% Loan,bond for 500 francs, Rabat 1914, no78250, largeformat piece with vignettes around the Moorishborders of city views such as Casablanca andMarrakesch, mauve, yellow underprint, text in Frenchand Arabic, with coupons, good very fine.

£60

PALESTINE38Government of Palestine, pair of bearer bonds for£P10, second issue, Jerusalem April 1945 and thirdissue, Jerusalem, May 1945, ornate borders, green andmauve respectively, text in English, Arabic andhebrew, with coupons; together with an Americandepositary receipt for shares dated 1969, very fine. (3)

£50

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35Upper Egypt Hotels Company, certificate for 10shares of E£4, Cairo 1922, no.5050, ornate border,orange and black with blue underprint, text in Englishand French, with coupons, very fine.

£50

IRAQ36Iraq Government, 31⁄2% Loan of 1947, a specimenbond for 100 dinars from the Bradbury, Wilkinson &Co. archive, ornate border, coat of arms at top, text inArabic with English on the reverse, brown, blueunderprint, with all coupons, overprinted SPECIMEn inred, good very fine.

£80


Page 12


39J.P. Sheridan (Levant) Ltd., pair of certificates for£P1 preference shares, 19[39], no.6 and £P1 ordinaryshares, 19[43], no.21, both issued to the sameshareholder in Cairo, ornate borders, red and bluerespectively, English on the obverse, Arabic on thereverse, filing holes at left margin, very fine and rare.(2)

£100

The company was registered in Palestine, sometime in the1930’s with a fairly small capital of only £P10,000. Thisis the first time these have been offered at auction.

40Jewish Colonial Trust (Juedische Colonialbank)Ltd., ordinary bearer share of £1, 1[901], no.22331,vignettes in each corner of the wailing wall, agricultureand industrial scenes, blue and black, yellowunderprint, with coupons from number 1 (rare), goodvery fine and scarce thus.

£100


41Jewish Colonial Trust (Juedische Colonialbank)Ltd., ordinary bearer share of £1, 1[901], no.22332,vignettes in each corner of the wailing wall, agricultureand industrial scenes, blue and black, yellowunderprint, with coupons from number 1 (rare),together with envelope and 2 documents relating tothe Building Fund of the Relief Committe for RefugeeRabbis, good very fine and scarce thus. (4)

£100

42Jewish Colonial Trust (Juedische Colonialbank)Ltd., ordinary nominative share of £1, 1[901],no.56945, vignettes in each corner of the wailing wall,agriculture and industrial scenes, blue and black,yellow underprint, with coupons from number 1(rare), good very fine and scarce thus.

£100

43Jewish Colonial Trust (Juedische Colonialbank)Ltd., ordinary share certificate, 1[903], no.82624,vignettes in each corner of the wailing wall, agricultureand industrial scenes, blue and black, yellowunderprint, with coupons, good very fine.

£60

44Palestine Electric Corporation, a group of threespecimen certificates from the Bradbury, Wilkinson &Co. archive, all circa 1921, 8% participating preferenceshares of £1, 41⁄2% second redeemable cumulativepreference stock, London Register, and ‘A’ ordinarystock, Principal Register, large format pieces withornate borders, text in Arabic, English and hebrew,blue, red and brown respectively, the first with redBradbury specimen stamp, the others overprintedSPECIMEn in red, corners slightly bent otherwise aboutextremely fine. (3)

£150


x48A group of 6 Chinese bonds, comprising 1907 5%Canton-kowloon Railway, £100, punch hole at top;honan Railway 5% Gold Loan, 1905, £100; 189841⁄2% Gold Loan, £100, issued by the hongkong andShanghai Banking Corporation, and, 1903 5%‘Emprunt Chinois’, 500 francs, 1907 issue, repairedtear at right; 1908 41⁄2% Gold Loan, bonds for £20,issued by the Banque de L’Indo-Chine, better thanusual condition, and £100, issued by the hong kongand Shanghai Banking Corporation, this has a couple ofsmall holes in the body, the rest fine to very fine unlessstated. (6)

£150

491899 Chinese Imperial Railway Gold Loan, bondfor £100 issued by the British and ChineseCorporation Ltd., large format piece with ornateborder, brown with pale blue underprint, withcoupons, a couple of tiny edge nicks otherwise good veryfine and better than usual for this issue; together withChina, 1898 41⁄2% Gold Loan, £100, hongkong andShanghai Banking Corporation; 1905, honanRailway, 2nd issue, 1906 (2 examples); 1911hukuang Railways, £100 (2), issued by thehongkong and Shanghai Banking Corporation;Russia, City of St.Petersburg, 1913, £20 bonds (10),and other certificates (11), mixed condition, generallyfine and very fine. (17)

£350

501903 5% Shanghai-Nanking Railway, a group of 15bonds for £100, first issue 1904, large format, red andblack, with coupons, a few with edge tears and oldrepairs, several are very fine. (15)

£300

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45Palestine Hotels Ltd., bearer warrant for 25 shares of£1, 19[30], no.3472, ornate border, blue, text inArabic, English and hebrew, with coupons, 3 redimpressed Palestine duty stamps, not to be confusedwith the more common piece, about very fine with someslight discolouration.

£60

ASIACHINA

Foreign Loansx46A collection/accumulation of Chinese bonds,comprising 1896 5% Gold Loan, £50, cancelled; 19035% Gold Loan ‘Emprunt Chinois’, 500 francs, 1905(3) and 1907 (3); 1903 5% Shanghai nankingRailway, first issue 1904, £100, repaired tear, andsecond issue, 1907, £100; 1907 5% Canton kowloonRailway, £100; 1908 5% Gold Loan, £100, hole atbottom left; 1908 5% Tientsin Pukow Railway, £100,English issue, colour oxidised; 1912 5% Gold ‘Crisp’Loan, £100; 1913 51⁄2% Province of Petchili, £20 (3examples); 1919 ‘Vickers’ Loan, £100; 1922 8%Railway Equipment Loan, £20 (4 examples); 1925 5%Gold ‘Boxer’ Loan, $50 (6); 1936, 6% Shanghaihangchow ningpo Railway Completion Loan, bondsfor £50 and £100, this with small hole and creasing attop left; 1938 Tientsin Pukow Railway Fundingcertificate for £12 (3), and, miscellaneous fractionaland other certificates (14), mixed condition butgenerally fine to very fine, some better. (46)

£500

x47An accumulation of certificates of companiesoperating in China, comprising CompagnieFinancière Belgo-Chinoise, founders shares, 1926 (6)and $50 shares, 1926 (10) and unissued (2);Compagnie Générale de Chemins de Fer et deTramways en Chine, 250 franc share, 1920 (51), holecancelled; Compagnie de la Chine et des Indes, 500francs share, 1921; Soc. Belge d’Entreprises en Chine,500 franc shares, 1924 (3 cancelled and oneuncancelled which is scarce); Cie de Tramways &d’Eclairage de Tientsin, ordinary share, 1919 (4), and,other certificates (7), mixed condition but mostly veryfine to extremely fine. (85)

£250


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511905 Imperial Chinese Government 5% Gold Loan(Peking-Hankow Railway), an unissued 500 francbond, ornate border, green and black with yellowunderprint, with all coupons, with counterfoil,extremely fine and rare.

£500

521905 Honan Railway 5% Gold Loan, a group of 12bonds for £100, first issue, large format, ornateborder, black, blue-green and yellow, with coupons,mixed condition, a few edge splits, one or two repairedwith tape, fine to very fine. (12)

£450


531905 5% Honan Railway Loan, £100 bond, secondissue, 1906, no.7465, large format, ornate border,black, blue-green and yellow, coupon sheet stuck atright edge, a lovely clean extremely fine but with paperfold error at bottom left.

£150

541907 5% Canton Kowloon Railway, bond for £100,no.12570, large format, ornate border, red and black,printed by Waterlow & Sons, with coupons, centre foldotherwise about extremely fine.

£100

551907 5% Canton Kowloon Railway Loan, £100,left edge a little ragged, about very fine; 1908 TientsinPukow Railway £100 bonds issued by Chinese CentralRailways (5), generally very fine and better; Bulgaria,7% settlement Loan, 1926, £100 bonds (3, one inframe), 71⁄2% Stabilisation Loan, £100 bonds (2); Cityof St. Petersburg 8th Loan, 1913, £100 bond (2, onein frame); Troitzk Railway Company, 41⁄2% bonds for£100 (2), and, China, 1925 Boxer Loan, bond for$50, framed, fine to very fine unless stated, the framedpieces somewhat discoloured. (16)

£250


601908 5% Tientsin Pukow Railway Loan, bond for£100, £50 paid, issued by Chinese Central RailwaysLtd., no.23169, large format, orange and black,printed by Waterlow & Sons, with replacementcoupons, small edge nick at left, very fine.

£150

611908 5% Tientsin Pukow Railway Loan, a group of20 bonds for £20, issued by the Deutsch-AsiatischeBank, large format, mauve and blue, with coupons, afew with small edge tears but generally very fine andbetter. (20)

£400

621908 5% Tientsin-Pukow Railway Loan, a group of20 bonds for £100, issued by the Deutsch-AsiatischeBank, large format, ornate border, brown with greenunderprint, with coupons, generally fine to very fine.(20)

£600

631910 5% Tientsin Pukow Railway SupplementaryLoan, a group of 15 bonds for £20, issued by theDeutsch-Asiatische Bank, large format, green andmauve, with coupons, a few with small edge tears butmany very fine and better. (15)

£300

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x561908 5% Gold Loan, bond for £100 issued by thehongkong and Shanghai banking Corporation in1909, no.A011287, walled city of Peking at top,mauve and black, printed by Waterlow & Sons, nocoupons remain as usual, good very fine and a goodexample of this issue.

£100

x571908 5% Gold Loan, bond for £20 issued by theBanque de L’Indochine in 1909, no.B071375, walledcity of Peking at top, green and black, printed byWaterlow & Sons, no coupons remain as usual, betterthan good very fine and an excellent example of thisissue.

£80

581908 5% Tientsin Pukow Railway Loan, a group of20 bonds for £100, issued by Chinese CentralRailways Ltd., large format, orange and black, printedby Waterlow & Sons, with coupons, a few edge tearsbut mostly about very fine. (20)

£600

591908 5% Tientsin Pukow Railway Loan, bond for£100, £50 paid, issued by Chinese Central RailwaysLtd., no.19848, large format, orange and black,printed by Waterlow & Sons, with replacementcoupons, repairs at top and left edges, fine.

£60


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641910 5% Tientsin Pukow Railway SupplementaryLoan, a group of 12 bonds for £100, issued by theDeutsch-Asiatische Bank, large format, green and red,with coupons, generally very fine and better. (12)

£400

651911, 5% Hukuang Railways Sinking Fund GoldLoan, bond for £20, issued by the hongkong andShanghai Banking Corporation, large format, steamtrain at top, green and black, printed by Waterlow &Sons, with coupons, good very fine.

£80

661911 5% Hukuang Railways Sinking Fund GoldLoan, a group of 5 bonds for £100, issued by thehongkong and Shanghai Banking Corporation, largeformat, steam train at top, red and black, printed byWaterlow & Sons, with coupons, one has a torn cornerand has been framed otherwise very fine or better. (5)

£200

671911 5% Hukuang Railway Sinking Fund GoldLoan, a group of 30 bonds for £20, issued by theDeutsch-Asiatische Bank, large format, vignette ofsteam train at top, green and black, printed byWaterlow & Sons Ltd., with coupons, with theexception of 2 or 3 pieces, very fine or better. (30)

£600


681911, 5% Railway Loan, a set of 4 bonds for 100,500, 1000 and 5000 yen, issued by the YokohamaSpecie Bank, ornate borders, Chinese dragons at top,blue, mauve, orange and green respectively, withcoupons, the first and last a little creased at edges, smalledge tear on the 100 yen, very fine, the 500 and 1000 yenare almost extremely fine. A scarce set. (4)

£1,000

691912, 5% Gold ‘Crisp’ Loan, bond for £1000,no.182, ornate border, red and black, with coupons,staple holes at top edge and at right, folds and creases butnearly very fine.

£600


701912 5% Gold Loan ‘Crisp’, bond for £500,no.1129, large format piece with ornate border,brown and black with pale blue underprint, red ‘chop’,‘Bond drawn’ sticker attached at top left, withcoupons, a couple of pinholes at top edge and extremebottom edge a little creased otherwise good very fine andclean. One of the best of this denomination we have seenfor some time.

£300

711912 5% Gold ‘Crisp’ Loan, a group of 25 bonds for£100, large format, ornate border, turquoise andblack, with coupons, generally fine to very fine. (25)

£600

721912 5% Gold ‘Crisp’ Loan, a group of 25 bonds for£20, large format, ornate border, blue and black withyellow underprint, with coupons, mixed condition butmost are very fine and several much better. (25)

£500

731912 5% Gold ‘Crisp’ Loan, bonds for £100 (4) and£20 (5); 1913 Lung Tsing U hai Railway, bonds for£20 (4) and, 1919 8% ‘Vickers’ 10-Year Treasurynotes, £100 bond, mostly very fine or better. (14)

£250

741913 5% Reorganisation Gold Loan, an unissuedbond for £100, Deutsch-Asiatische Bank, from thereserve stock, blue and black, with coupons, extremelyfine and new to the market.

£500

x751913 5% Reorganisation Gold Loan, bond for £20,issued by the Russo-Asiatic Bank, green and black, textin English, German, French and Russian, withcoupons, good very fine.

£50

761913 5% Reorganisation Gold Loan, a group ofbonds for £100 (10) and £20 (6), all issued by thehongkong and Shanghai Banking Corporation,Mercury at top, peasant farmers at left, building atright, blue and brown respectively, with coupons, agood clean group, generally very fine or better. (16)

£1,800

771913 5% Reorganisation Gold Loan, a group ofbonds for £100 (3) and £20 (10), all issued by thehongkong and Shanghai Banking Corporation, blueand orange-brown respectively, with coupons, one ofthe £100’s has been framed otherwise generally very fine.(13)

£800

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781913 5% Reorganisation Gold Loan, £100 bonds(5), and £20 bonds (2), all issued by the hongkong &Shanghai Banking Corporation; together with 19255% Gold ‘Boxer’ Loan, bonds for $50 (50), all withcoupons, many with ‘drawn’ notices attached, mixedcondition, a few have some edge tears but the majorityare very fine and better. (57)

£900

791913 5% Reorganisation Gold Loan, bonds for£100 and £20 (5), issued by the hongkong andShanghai Banking Corporation, vignette of Mercury attop, Chinese building at right, peasant workers at left,blue and brown respectively, with coupons, very fineand better. (6)

£300

801913 5% Reorganisation Gold Loan, £20 bonds(4), issued by the hongkong & Shanghai BankingCorporation (2), Russo Asiatic Bank (2), one brownand one green; together with other Chinese bonds (8)including honan, 1905, £100; Tientsin PukowRailway, 1908, £100, English; hukuang Railways,1911, £20, English and £20, French; 1913 LungTsing U hai Railway, £20; 1922 Railway EqipmentLoan, £20; Banque Industrielle de Chine, 3rd issue,1920, one issued and one unissued, and others (10),mixed condition, fine and very fine. (22)

£250

811913 5% Lung Tsing U Hai Railway Loan, a groupof 20 unissued bonds for £20 from the reserve stock,large format, blue and black, text in French andEnglish, not numbered or signed but with 2 red‘chops’, with all coupons and counterfoil, generallyextremely fine and better.

£200


£200


£200

841918, 8% Treasury Bill, ‘Marconi’ Loan, bond for£500, ornate border, red and black, yellow underprint,with coupons, split at fold, very fine for issue.

£200

851918, 8% Treasury Bill, ‘Marconi’ Loan, bond for£1000, ornate border, red and black, yellowunderprint, with coupons, tear at top edge, split at fold,small spike hole at top left, fine.

£300


861919 6% 2-Year Secured Gold Loan, $1000 bond,no.3385, vignette of pagoda at top, orange and black,printed by the American Bank note Company, withcoupons, good very fine.

£400

871919 6% 2-Year Secured Gold Loan, $1000 bond,no.4797, vignette of pagoda at top, orange and black,printed by the American Bank note Company, withcoupons, good very fine.

£350

881919 8% 10-Year Sterling Treasury Notes (VickersLoan), a group of 14 bonds for £100, vignette ofdockside, green and black, with coupons, mixedcondition but mostly very fine. (14)

£200

891922 8% Railway Equipment Loan, a group of 10unissued reserve stock bonds for £20, large formatwith steam train in centre, blue, text in French andEnglish, with red ‘chops’ but not numbered or signedby the administrator, with all coupons and counterfoil,extremely fine. (10)

£250

901925 8% ‘Skoda’ Loan, bond for £1000, no.26463,ornate border, red and black, ‘chop’ in centre, withcoupons, extremely fine.

£300

911934 6% Sterling Indemnity Loan, bond for £50,vignette of Sun Yat Sen at top, brown and blue withgreen underprint, with coupons, extremely fine.

£250

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Internal Loans

x921912 Provisional Government, 8% Public Loan forthe Military Requirements of the Republic, bondfor 5 dollars, no.58671, ornate border, brown andgreen with red ‘chop’ in centre, text in Chinese withEnglish on the reverse, with coupons, about extremelyfine.

£120

x931914 3rd Year 6% National Loan, bond for 10dollars, no.223035, ornate border, brown and redwith pale blue underprint, text in Chinese with Englishon the reverse, 2 coupons remaining, pieces missing atleft and right edges, remains of mount on the reverse,fine but rare.

£250

A similar example but in very fine condition sold in ourHong Kong sale at HK$5500 (£458) in January 2011.

x941915 Chung Hwa Revolutionary Party, FundRaising Bond, 10 yuan, 3rd series, no.50138, onlypartly issued as usual, facsimilie signature of Sun YatSen, ornate border, orange, good very fine.

£300

951925, 8% Funding Bond of the Ministry ofCommunications, bond for $1000, no.3682, ornateborder, mauve and black, red ‘chop’ in centre,adhesive tax stamp at top left, text in Chinese withEnglish translation on the reverse, with coupons,extremely fine and rare.

£150


x961941 Nationalist Government Air Force SalvationLoan, bonds for $5 and $50. central vignette ofmonoplane, ornate borders, brown and greenrespectively, the second is scarce, together with otherinternal issues (5) including 1942 Allied Victory USDollar loan, $100, one piece has a tape repair in centreotherwise very fine and better. (7)

£150

971947 36th Year U.S. Gold Bond, $50, first issue,no.2335, Chiang kai Shek at top right, green and red,text in Chinese with English on the reverse, withcoupons, extremely fine.

£50

x9836th Year (1947) Short-Term Treasury Notes; agroup of bonds comprising First Issue, US$10 (2),US$50 (2) and Second Issue, US$10 (3), all smallformat with vignette of kiang kai-Shek at right on the1st issue and left on the 2nd issue, text in Chinese withEnglish on the reverse, with coupons, generally aboutvery fine or better. (7)

£150

991954 National Economic Construction Loan, apresentation book of specimen bonds for 10,000,20,000, 50,000, 100,000 and 500,000 yuan, vignettesof combine, truck, steelworks, harvest and steam train,with coupons, tipped on to 5 different pages, bluecloth covers, with Government Printing Bureau on thefront in silver, pages browned and affected by worm,occasionally touching the margins of the bonds, pageshave been laid down on white paper and re-inserted, thecovers also with some worm holes. (5)

£300

1001955 National Economic Construction Loan, apresentation book of uniface obverse and reversespecimen bonds for 10,000, 20,000, 50,000,100,000, 500,000 and 1,000,000 yuan, ornateborders and Chinese characters for the first threedenominations, excavator, combine harvester andsteelworks for the remainder, all numbered 0000000,green cloth covers, with Government Printing Bureauon the front, slight ageing but extremely fine condition.(12)

£400

1011956 National Economic Construction Loan, apresentation book of uniface obverse and reversespecimen bonds for 1, 2, 5, 10, 50 and 100 yuan,similar designs to the last in different colours browncard covers, red cloth spine, with GovernmentPrinting Bureau on the front, some worm holes withsome reinforcment of the inner pages. (12)

£300

1021957 4% National Economic Construction Loan,an attractive presentation book of uniface obverse andreverse specimen bonds for 1, 2, 5, 10, 50 and 100yuan, vignettes of harvesting, lumber, surveying, roadtransport, a newly built dam and a factory complex,varying shades of reds and browns, all numbered VII0000000, with coupons, brown card covers, withGovernment Printing Bureau on the front, several ofthe inner pages have worm holes, sometimes just touchingthe margin of the bonds, similarly the covers with someworm holes but otherwise very fine. (12)

£300

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1031958 National Economic Construction Loan, apresentation book of uniface obverse and reversespecimen bonds for 1, 2, 5, 10, 50 and 100 yuan,similar to the last but without the coupons, allnumbered VIII 0000000, brown card covers, withGovernment Printing Bureau on the front, many pageswith worm holes especially the later pages, some just intothe margins of the bonds, the covers also with considerablewormholes otherwise very fine. (12)

£300

Provincial Loans

x104Chihli Province, 5th Loan, 1926, bond for 10 yuan,rather crude design with ornate border, black withyellow underprint, text all in Chinese, red ‘chop’ incentre, good very fine.

£150

x105Chihli Province, 6th Public 8% Loan, 1926, bondfor 10 dollars, no.17934, ornate border, blue, blackand red with green underprint, text in Chinese withEnglish on the reverse, with coupons, small split at foldand top right corner with minor damage at tip.

£150

x106Hunan Province, 1933 4% Loan, bond for 500yuan, no.000098, small format, ornate border, mauveand red with yellow underprint, text all in Chinese,with coupons, very fine and rare.

£300

Two of this previously unrecorded denomination werefound in the Goudey collection. The first was sold forHK$4200 (£336) in our Hong Kong sale and this is theonly other remaining piece.


x107Hupeh Province, 20th Year (1931) 8%Rehabilitation Loan, bond for 10 dollars, no.13517,Sun Yat Sen in top centre flanked by flags, ornateborder, mauve, blue and red with yellow underprint,text in Chinese with English on the reverse, good veryfine.

£200

x108Hupei Province, 24th Year (1935) 6% Loan, a setof 3 bonds for 5, 10 and 100 yuan, attractive borderswith Sun Yat Sen in blue at top right, motor cars beingdriven along country roads at bottom, various colours,all with red ‘chop’ marks and coupons, all have rustmarks at the top left, otherwise very fine. (3)

£80

x109Kwantung Province, 1938 4% Military Loan, agroup of bonds comprising 5 yuan (25), 10 yuan (31)and 100 yuan (20), vignettes of warships and onshorebattery at left, aerial dogfight at right, blue, brown andmauve respectively, with coupons, generally very fineand better, some with rusty paper clip marks. (76)

£250

x1101938 Kwangtung 4% National Defence Loan, agroup of bonds for 10 yuan (40) and 100 yuan (10),ornate borders, blue, red and black and mauve, redand black respectively, with coupons, mostly very fine toextremely fine but a couple have rusty clip marks at thetop edge. (50)

£200

x111Kwangtung Province, 1932 National DefenceLoan, a group of 50 bonds for 10 yuan, small format,vignette in centre of field with trees in background,brown, red and black with pale green underprint,generally very fine and better. (50)

£150

Municipal Loans

112Shanghai Municipal Council, 6% loan of 1926,registered debenture for 100 taels, no.19786, dated1939 and overprinted in red DUPLICATE CERTIFICATE,vignette of municipal buildings, yellow and black,printed by Waterlow & Sons, stamped with 1943amendment, good very fine and scarce.

£100

113Shanghai Municipal Council, 5% loan of 1937,registered debenture for $100, no.1622, vignette ofmunicipal buildings, yellow and black, printed byWaterlow & Sons, stamped with 1943 amendment,good very fine.

£100

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114Shanghai Municipal Council, 5% loan of 1937,registered debenture for $500, no.570, vignette ofmunicipal buildings, blue and black, printed byWaterlow & Sons, stamped with 1943 amendment,very fine.

£120

Commercial and Industrial

x115Bank of China, certificate for 10 shares of 100 yuan,1917, ornate border and underprint, red and black, 4pages, text all in Chinese, very fine and scarce.

£500

116Bank of Hindustan, China & Japan Limited, £100share, 18[63], no.661, issued to William FrederickBaring, coat of arms at top, black, some toning and topedge somewhat creased, about very fine.

£150

117Bank of Hindustan, China & Japan Limited, £100‘new’ Share, 18[64], no.17959, coat of arms incentre, scrollwork at left, black on mauve paper,embossed seal, perforated with various repayments onshare, minor discolouration in places, about extremelyfine.

£120

x118Canton Da Sheng Faeces Clearing Company, sharecertificate, 1935, large format piece with ornateborders, floral designs at top corners, brown and black,text all in Chinese, adhesive revenue stamps, red‘chops’, very fine and an extremely unusual subject.

£500

A similar piece sold in our Hong Kong auction forHK$7000 (£580) earlier this year.

119Chung Wai Bank Ltd., share certificate, circa 1920,no.206 ornate border, brown and black with yellowunderprint, company name in English at top and inembossed seal, very fine.

£200

120Compagnie Commerciale Sino-Européenne, 500franc share, Paris 1921, no.85, of only 300 issued,ornate border, blue with yellow underprint, withcoupons, very fine and scarce.

£50


121Comptoir Charles Ley S.A., pair of bearer certificatesfor 1000 Chinese dollars, Brussels 1923, and, withincreased capital, 1925, ornate borders, blue andyellow, with coupons, about extremely fine. (2)

£250

The company was headquartered in Peking butadministered from Brussels. The original share capitalwas 200 shares of 1000 dollars each which was doubled in1925 by a new issue of certificates. As far as we canascertain this Belgian finance house represented manyBelgian businesses trading in China.

122Crédit Foncier Chinois, ‘part bénéficiaire’, Paris1910, no.4651, ornate border, black, greenunderprint, text in French and Chinese, with coupons,almost extremely fine.

£50

123Deutsch-Chinesische Seiden-Industrie-Gesellschaft(German-Chinese Silk Company), anteilschein for500 marks, Berlin 1905, no.2019, ornate border,black, orange and brown, top left corner cut away ascancellation, minor repairs, slightly trimmed but fine tovery fine and scarce; together with a genuss-schein,Berlin 1905, no.0158, ornate border, blue and black,some foxing around edges, very fine. (2)

£200

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126L’Energie Electrique de Tientsin, 7% bond for $100(local currency), 1939, no.2705, large format piecewith ornate border, text all in French, mauve with palegreen underprint, with coupons, very fine.

£120

127New Oriental Bank Corporation Ltd., a group of10 bearer warrants for 1 share of £10, 188[5], blackwith green underprint, with coupons, about extremelyfine. (10)

£200

Chartered as the Oriental Bank Corporation in 1851mainly to allow competition with the East IndiaCompany but later opened branches in the Chinese treatyports, Hong Kong, Japan, Mauritius and South Africa.Survived the banking crisis of 1865/6 and prospereduntil 1885 when it ran into severe difficulties and hadto be re-constituted as the above. The Bank lost itsprofitable note issuing priviledge and with the growth ofother banks, such as the Hong Kong & Shanghai and theChartered, the new organisation never really prosperedand it closed its doors in 1892.

x124Fu Li (Welfare) Electric Lamps Co., $100 shares,1932, very large format piece with ornate floralborder, building flying red flag at top, green andbrown, text all in Chinese, red ‘chops’, a rusty pinmark to the right of the building, very fine and scarce.

£400

A similar piece was sold in our Hong Kong sale forHK$4800 (£400) earlier this year.

125Huilerie & Savonnerie de L’Extreme - Orient, 100franc share, Marseille 1912, no.0937, ornate border,mauve and black, with coupons, couple of small splits atbottom edge, good very fine.

£50

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132Schantung-Eisenbahn-Gesellschaft (ShantungRailway Company), 1000 mark share, series P, Berlin1923, #92461, ornate border, green with yellowunderprint, no coupons, good very fine.

£80

133Schantung-Eisenbahn-Gesellschaft, 100 reichmarkshare, Berlin 1929, no.14128, ornate border, brown,green and orange, no coupons, extremely fine,Concession granted to German interests in 1897 tobuild a line from Tsingtau to Tsinanfu.

£50

134Soc. Française d’Explorations Minières en Chine,100 franc share, Paris 1903, no.2367, ornate border,green, with coupons, extremely fine.

£60

Company owned the gold and mercury miningconcession in Koei-Tchéou province and the miningconcession over a silver-lead mine in Hunan province.

128Oriental Bank Estates Co. Ltd., a pair of specimenordinary share warrants for 1 and 10 shares of £1,London 1887, from the Bradbury, Wilkinson & Co.archives, allegorical females flanking companymonogram, blue and black, with coupons, holecancelled, both with mount marks at left edge otherwisenear extremely fine. (2)

£120

Formed to acquire assetts of the bankrupt Oriental BankCorporation which included thousands of acres ofplantation land in Ceylon and Mauritius.

129Oriental Bank Estates Co. Ltd., a pair of specimenpreferred share warrants for 10 and 20 shares of £5,London 1887, from the Bradbury, Wilkinson & Co.archives, allegorical females flanking companymonogram, orange-brown and black, with coupons,hole cancelled, both with mount marks otherwise nearextremely fine. (2)

£120

130Pekin Syndicate Limited, bearer warrant for 1 shansishare of £1, 19[11], no.A14894, large format piecewith vignette in centre of railway and city view, ornateborder, green and black on yellow paper, text inEnglish and French, with coupons, very fine.

£50

131Shanghai Waterworks Fittings Co. Ltd., 1 taelshares, 19[35], no.S1143, ornate border, brown andblack, about very fine.

£60

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138Union Insurance Society of Canton Limited, aspecimen certificate for £10 shares, hongkong 19-(circa 1922), attractive piece with text in English,scrollwork at either side, black, imprint of henry S.king of London as printer but found in the Bradbury,Wilkinson & Co. archive, with counterfoil, annotationfor 1922, beautiful watermarked paper with companyname in English, capital £2,000,000 sterling, smallnick at right edge, extremely fine and rare.

£120

INDOCHINA

139Banque de Cochinchine S.A., 250 franc nominativeshare, [1908], no.5638, very striking design of goldensun in the centre with vignettes of buildings, workersin rice field, boats on river and stylised dragon, blackon red paper, text in Chinese and French, has beenmounted on the reverse at top corners, good very fine.

£200

INDIA140Indian Shipping and Maritime Companies; acollection comprising Merchants’ Steam Tug Co.Ltd., 500 rupee share, 1874; oriental Inland SteamCo. Ltd., £10 shares (2 types), 185[65] and 1860;Irrawaddy Flotilla Co. Ltd., 1928; hooghly Docking& Engineering Co. Ltd., 1000 rupee debenture,193[5], and a group of certificates of the IndiaGeneral navigation and Railway Co. Ltd. (6), alldifferent, but with similar vignette of river steamer,printed by Waterlow & Sons, stamped cancelled,mixed condition, fine to about very fine. (11)

£100

x135Société Franco-Chinoise de Distillerie de Hankou,100 tael share, hankeou [1911], no.2321, attractivepiece with text in both Chinese and French, dragons ateach side, ornate border, green and black, withcoupons, small tear at left, slight discolouration at edgesfrom framing, mounted on reverse, very fine.

£300

A similar piece but in extremely fine condition sold atapproximately £1600 in our January Hong Kong sale.

x136Taipei Trust Company Ltd., a pair of certificates for1 and 10 shares, date 1920’s, ornate border, brownand green respectively, very fine. (2)

£50

137Union Insurance Society of Canton Limited, aspecimen certificate for 1250 dollar shares, hongkong 19- (circa 1902), attractive piece with text inEnglish and Chinese within scrollwork at either side,black, imprint of henry S. king of London as printerbut found in the Bradbury, Wilkinson & Co. archive,with counterfoil, annotation for 1902, beautifulwatermarked paper with company name in Englishand Chinese, capital 2,500,000 dollars, extremely fineand rare.

£150

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144Indian Mining Companies, a collection comprisingWentworth Gold Mining and Indian Estates Co. Ltd.,188[7]; Tambracherry Estates & Wynaad GoldMining Co. Ltd., 188[2]; kalyanpur Behar GoldMining Co., 1891; Sonapet Proprietary Gold MiningCo. Ltd., 1891, spike hole at top left corner; DumraGold Prospecting Syndicate Ltd., 1890, small holes intop right corner; Bengal Gold & Silver Mining Co.,100 shares, 189[6] and 100 rupee debenture, 1893;Dharwar Reefs Co. Ltd., 190[8]; Indian Glenrock(Wynaad) Co. Ltd., 19[05], fine; Rassuan Coal Co.Ltd., 19[19], and, Indo-Burma oilfields (1920) Ltd.,19[22], very fine or better unless stated. (11)

£100

145India & Ceylon Tea and Coffee Companies;kousanie Tea Co. Ltd., 100 rupee shares, 187[4];kursiong & Darjeeling Tea Co. Ltd., 50 rupee shares,18[97]; Coorg Coffee Estates Co. Ltd., £10 shares,189[1915]; Polli Baetta Coffee Estates Co. Ltd., £10shares, 189[1917]; Panora Tea & Produce Co. Ltd.,£1 shares, 19[23], and Rajawella Produce Co. Ltd.,first mortgage debenture stock, 19[31], the second andlast are cancelled, about very fine and better. (6)

£100

146Anglo American Motor Car Co. Ltd., 10 rupeeshares, 192[0], black, red and yellow; together withother Indian certificates (13), including DwarkaCement Co. Ltd., 192[1], attractive multicolouredpiece; Lunawada Shri Sir Wakhatsinghji Factory Co.Ltd., [1921], Indian gentleman in centre,multicoloured; oriental Inland Steam Co. Ltd.,185[8]; Crescent Insurance Co. Ltd., 192[1];Dharwar Reefs Co. Ltd., 190[8]; kursiong &Darjeeling Tea Co. Ltd., 18[97]; new oriental BankCorporation Ltd., 188[91]; India General navigationand Railway Co. Ltd., 500 rupee debenture, 1915,vignette of river steamer, and others (5), mixedcondition but many are very fine and a useful lot. (14)

£140

147Bombay Talkies Ltd., 100 rupee shares, 193[40];together with other Indian/Burmese certificates (13)including Bengal Printing Co. Ltd., 100 rupee share,1861; British India General Insurance Co. Ltd., 100rupee share, 19[19]; new Mofussil Co. Ltd., 100rupee share, 1891, this only fair condition; JamshedManufacturing Co. Ltd., 250 rupee share, 18[96];kursiong & Darjeeling Tea Co. Ltd., 50 rupee shares,18[97] and Suburban Land Development Co. Ltd.,Rangoon, 193- (fully issued but date omitted inerror), and others (7), mixed condition but generallyfine to very fine. (14)

£100

141Indian Banking Certificates, comprising AgraSavings Bank, 100 rupee share, 18[88]; Rohilkund &kumaon Bank Ltd., 100 rupee shares, 18[90];kolhapur & Southern Maratha Bank Ltd., 50 rupeeshare, 19[10]; new oriental Bank Corporation Ltd.,100 rupee share, 188[8]; Industrial Bank of WesternIndia Ltd., 100 rupee shares, 19[20], and ImperialBank of India, 500 rupee shares, 19[36], thiscancelled, generally very fine and better and severalscarce. (6)

£120

141AMerchants’ Steam Tug Co. Ltd., 500 rupee share,1874; together with other Indian certificates (13)including Central India Iron & Brass Foundry Ltd.,1920; Pioneer Indian Paint & oil Works Ltd., 192[0];Pyne hughman & Co. Ltd., 191[6]; Railway ServicePress Ltd., 188[8]; Malabar Timber Co. Ltd., 19[20],vignettes of logging operations in each corner;Malabar Forests & Rubber Co. Ltd., 19[21], elephantin underprint, others (7), including 3 unissued, thoselisted are generally very fine, the remainder mixedcondition. (14)

£100

142A nice group of Indian Insurance Companies,Bombay Fire Insurance Co. Ltd., 1000 rupee share,189[6], no.61; Great India Fire Insurance Co. Ltd.,20 rupee shares, 191[9], no.1007, map of India inheart shaped logo at left; British India GeneralInsurance Co. Ltd., 100 rupee share, 19[19],no.42720; Indian Globe Insurance Co. Ltd., 50 rupeeshares, 193[1], no.325, ornate border, Britannia andlions at top left, and Crescent Insurance Co. Ltd., 100rupee shares, 192[1], no.189, Soma, the moon god,rides his chariot over a crescent moon, the last with afew small repaired edge tears, otherwise very fine andbetter. (5)

£100

143A good selection of Indian Textile Companies,including Fazulbhoy Mills Ltd., 190[7]; newAhmedabad new Spinning & Manufacturing Co.Ltd., 189[5]; Empress Spinning & Weaving Co. Ltd.,18[84]; kalyanmal Mills Ltd., 192[2]; Wadia WoollenMills Ltd., 1921; Premier Mills Ltd., 1917; GooseryCotton Mills Co. Ltd., 189[6]; Apollo Mills Ltd.,19[20]; Broach Fine Counts Spinning & Weaving Co.Ltd., 1918; Saraswali Ginning and Manufacturing Co.Ltd., 1921; Bombay Industrial Mills Co. Ltd., 1920;Maharani Woollen Mills Ltd., 19[21], and others(10), mixed condition but generally fine to very fine.(22)

£150

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152Ville de Tokyo (City of Tokyo), 5% Loan of 1912,bond for 500 francs, no.24710, large format piecewith vignette of tree lined river with small sailingvessel, electric tram in left border, power station inright border, green and black, printed by Waterlow &Sons, with coupons, centre fold otherwsie very fine.

£100

153L. Leybold A.G., 10 shares of 50 yen, Showa 5(1930), vignettes of Meiji Jingu, the Shinto shrine inTokyo at left and hamburg river scene at right, ornateborder, blue and black with yellow underprint,extremely fine.

£120

148Imperial Paper Mills Co. Ltd., a group of 24certificates for 100 rupee shares, Calcutta 189[2],black, adhesive duty stamp, slight discolouration as isusual with Indian paper, all but a handful are very fineor better. (24)

£150

149no lot

150Sonapet Proprietary Gold Mining Co. Ltd., agroup of 30 ordinary share warrants for 100 shares of1 rupee, 1890, scrollwork at left, black, printed inCalcutta, red embossed or adhesive duty stamp, mixedcondition, several a little toned but generally very fine.(30)

£150

JAPAN

151Osaka City Harbour Construction Loan, 6%,1933, bond for 1000 yen, no.00739, vignette ofharbour view, ornate border, red and black, text inJapanese with English on reverse, with coupons, veryfine and rare

£250

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158Nippon Kogyo Ginko (Industrial Bank of JapanLtd.), bearer certificate for 50 shares of 50 yen, 1906,no. 319151-200, ornate border, black, pinkunderprint, full text in Japanese and English, withcoupons, good very fine.

£200

159Nippon Kogyo Ginko (Industrial Bank of JapanLtd.), 10 shares of 50 yen, 1922, red and yellow, veryfine and scarce.

£50

MALAYA160Malaya: a good selection of certificates comprisingTemelong hydraulic Tin Mining Co. Ltd., 10 sharesof $10, Singapore 18[99], no.72, green and red, withcoupons; Perak Marble Co. Ltd., $100 shares,Singapore 19[00], no.103, green, ragged bottom edge,both with Singapore/Straits duty stamps; Ulu PahangLtd., $500 shares, 190[9], no.9, FMS duty stamp;Menglembu Lode Mining Co. Ltd., $1 shares,192[4], no.141, Penang impressed duty stamp butadhesive stamp has been removed; SelangorPlantations Co. Ltd., one share of £1, 19[37]; PahangCentral Tin & Exploration Co. Ltd., 5 shares of £1,18[90]; Bentong “Straits Tin” Co. Ltd., £10 share,18[89]; ketchau (Pahang) Corporation Ltd., £1shares, 18[91], top right corner missing; Sempam TinMines Ltd., £1 shares, 190[10]; Redhills Tin MiningCo. Ltd., £1 shares, 19[05], bottom left corner missing;Seletar Rubber Estates Ltd., £1 shares, 191[8], and,Teja Malaya Tin dredging Co. Ltd., £1 shares, [1930],generally fine or very fine. (12)

£150

154Nippon Kogyo Ginko (Industrial Bank of JapanLtd.), bearer certificate for 5 shares of 50 yen, 1906,no. 203321-325, ornate border, black, greenunderprint, full text in Japanese and English, withcoupons, about very fine.

£100

155Nippon Kogyo Ginko (Industrial Bank of JapanLtd.), bearer certificate for 10 shares of 50 yen, 1906,no. 212761-770, ornate border, black, yellowunderprint, full text in Japanese and English, withcoupons, very fine.

£120

156Nippon Kogyo Ginko (Industrial Bank of JapanLtd.), bearer certificate for 10 shares of 50 yen, 1906,no.213431-213440, large format piece with ornateborder, black with yellow underprint, text in Englishand Japanese, lacks coupons, good very fine.

£100

157Nippon Kogyo Ginko (Industrial Bank of JapanLtd.), bearer certificate for 20 shares of 50 yen, 1906,no. 262901-920, ornate border, black, blueunderprint, full text in Japanese and English, withcoupons, very fine.

£120

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THAILAND/SIAM165Royal Siamese Government, 6% Sterling Loan of1924, bond for £50, no.A793, large format piece withsteam train and rice field with arms in centre, brownand black, printed by Waterlow & Sons, small holecancels and overprinted CAnCELLED with red stripes onface, centre fold otherwise about extremely fine and rare.

£200

166Royal Siamese Government, 6% Sterling Loan of1924, bond for £100, no.B5068, large format piecewith steam train and rice field with arms in centre, redand black, printed by Waterlow & Sons, small holecancels and overprinted CAnCELLED with red stripes onface, centre fold otherwise about extremely fine and rare.

£200

167Royal Siamese Government, 6% Sterling Loan of1924, bond for £500, no.C22859, large format piecewith steam train and rice field with arms in centre,mauve and black, printed by Waterlow & Sons, smallhole cancels and overprinted CAnCELLED with redstripes on face, good very fine and rare.

£250

168Royal Siamese Government, 6% Sterling Loan of1924, bond for £1000, no. D23280, large formatpiece with steam train and rice field with arms incentre, blue and black, printed by Waterlow & Sons,small hole cancels and overprinted CAnCELLED withred stripes on face, centre fold otherwise about extremelyfine and rare.

£250

NETHERLANDS INDIES161Societe Miniere “Hermina” S.A., 40 shares of £1 or12.50 florins or 25 francs, La haye 1902, no.33401-33440, attractive piece with vignettes of placer miningin top corners and dredge at bottom, blue-green andred, with coupons, very fine to extremely fine.

£50

PHILIPPINES

162Manila Railway Co. (1906), Ltd., ‘B’ debentureBonds, a set of 4 specimen bonds for £20, £50, £100and £200, dated 1907, from the Bradbury, Wilkinson& Co. archive, large format pieces with vignettes ofsteam engine and tender, green, orange, blue and redrespectively, with coupons, small hole cancels,numbered 00000, very fine to extremely fine. (4)

£150

163Manila Railway Co. (1906), Ltd., ‘A’ debentureBonds, a part set of 3 specimen bonds for £20, £50and £100, dated 1908, from the Bradbury, Wilkinson& Co. archive, large format pieces with vignettes ofsteam train crossing bridge, mauve, green, and brownrespectively, with coupons, small hole cancels,numbered 00000, very fine to extremely fine. (3)

£100

164Compañia General de Tabacos de Filipinas, 500peseta share, 1882 (2 examples), attractive border ofallegorical figures and cherubs, brown and black, goodvery fine or better; together with other companiesoperating in the Philippines and Malaysia (7) includingManila Railway Company (1906) Ltd., £50 bond,1907, mixed condition, fine to very fine. (9)

£100

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174Australian Land and Agricultural Companies:Anglo-Australian Investment Finance & Land Co.Ltd. (of Sydney), £100 debenture, 18[91], largeformat, vignette of emu and kangaroo, only good fine;Land Company of Australasia Ltd., £5 shares, [1891],vignette in centre, black on green; Australian Co. Ltd.,£1 shares, 188[2]; Derwent harbour Estates Ltd.,£100 debenture, 1917; Queensland Investment andLand Mortgage Co. Ltd., ordinary stock, 1917; LandCompany of Australasia Ltd., £100 debenture, 1889;British Australian Wool Realisation Association Ltd.,£1 shares, 192[1]; Soc. Forestière Franco-Australienne, 100 franc share and founders share, both192[1], vignettes of sheep and logging, and, moderncompanies (3), mixed condition, fine to very fine. (12)

£100175Australian Land and Mortgage Companies: UnionMortgage & Agency Company of Australia Ltd., £6ordinary shares, Melbourne Register, 18[91], no.71,black on buff paper; Belmore Land Co. Ltd., £100share, 188[6], no.84, green and gold with pinkunderprint, rusty clip mark at top; Sir Joseph BanksEstate Ltd., £50 shares, 19[13], no.39, black on greenpaper; Australian Cities Investment Corporation Ltd.,£1 shares. 1[904], no.357, green, filing holes atbottom; Pastoral Finance Association Ltd., £5 shares,19[12], no.1246, vignette of sheep, brown, burnmarks at top edge; Australasian Mortgage & AgencyCo. Ltd., ordinary shares, 19[04], no.104, black, and,a receipt of the Real Estate Mortgage & Deposit BankLtd., 18[90], generally about very fine. (7)

£100176Australian Mining Companies (12), comprisingGreat Cobar Ltd., £5 shares, 190[14], 3 differentbearer warrants for 5 shares, 190[11], 10 shares,190[7], 20 shares, 190[7]; Great oriental Gold MinesLtd., 5/- shares, 190[9]; Mitchell’s Creek Gold MinesLtd., £1 shares, 190[4]; Mount Elliott Ltd., bearerwarrants for 5 shares, 19[12] and 25 shares, 19[11],both fine; new Inkerman Mines Ltd., £1 shares,189[0], edge tears; Queensland Copper Co. Ltd., 10shares of £1, 19[06]; Southern Coal Company of newSouth Wales Ltd., £1 shares, 18[89], and, UnionConsolidated Copper Mines nL, 10 shares of £1,19[06], mixed condition, fine to very fine or better. (12)

£120177Greyhound Racing Club Ltd., £1 shares, 19[33],no.374, black, small edge tears at top edge; kuring-gaiRecreation Co. Ltd., £1 shares, 190[7], no.62, black;The Greater J.D. Williams Amusement Co. Ltd., 50shares of £1, 19[12], no.3513, black on yellow paper;together with other miscellaneous Australiancompanies (28), 1900 to 1960’s, including FremantleTrading Co. Ltd., £1 shares, 19[09]; Australian CitiesInvestment Corporation Ltd., 1[905]; AutomaticTelephones (Australasia) Ltd., 191[1], with smallvignette of early telephone at left; Australian Cokingand By-Products Co. Ltd., 19[12]; Bibur Furs Ltd.,19[27] and Stackpool’s Crystal Co. nL, 192[0], allfrom an old collection and generally fine to very fine,some better. (31)

£200

169Siam Company Ltd., £1 shares, fully paid, [1899],no.511, scrollwork at left with elephant standing right,black, text in English and French; together with otherSiamese pieces comprising Malaya & SiamCorporation Ltd., £1 shares, 190[7], no.69, fine;Gold Fields of Siam Ltd., 50 shares of £1, 18[89];Eastern Siam Tin Dredging Ltd., £1 shares, 2 types,19[26] and 19[27], edge tears; Pattani ConsoidatedAlluvial Tin Ltd., 5/- shares, 19[27], and Soc. desMines d’or de Watana, founders share, Paris 1894 and100 franc share, Paris 1895, generally very fine andbetter unless stated. (8)

£100

AUSTRALASIA

AUSTRALIA170Australasian Pacific Mail Steam Packet Company, agroup of 8 certificates for £20 share, 1852 (7examples) and 185[2], scrollwork at left, black, 7 areextremely fine, the last very fine. (8)

£200

171Australian Royal Mail Steam NavigationCompany, certificates for one share, 1852 (2examples), scrollwork at left, black on blue paper,extremely fine. (2)

£60

172Australian Gold Mining Companies (9),comprising Booth’s United Gold Mines Ltd., £1shares, 189[1900], fine; Gleeson’s Success GoldMines Ltd., £1 shares, 1[896] and 1897, 2 differentcapital structures, fair and fine; Great South PeakGold Mine Co. nL, £10 shares, 19[09], very fine;new Cornish Gold Mines Ltd., 1/- shares, 191[0],very fine; new Explorers Syndicate Ltd., £1 shares,189[6], good very fine; South Mount Lyall Mining Co.Ltd., £2 shares, [1896], very fine, and WestralianMines Development Syndicate Ltd., ordinary anddeferred shares, both 192[0], both trimmed, fine tovery fine. (9)

£120

173Australian Gold and Copper Mines (10),comprising Associated Gold Fields of the northernTerritories Ltd., £1 shares, 190[4]; Barrier South Ltd.,2/- shares, circa 1918; Cardiff Castle Gold MinesLtd., £1 shares, 189[5]; Carrington’s United MinesLtd., 5/- shares, 190[6]; hannan’s napier Gold Co.Ltd., £1 shares to bearer, 18[95]; MurchisonGoldfields Ltd., 5/- shares, 189[5]; Paramatta CopperMines Ltd., 1 share to bearer, 1[902]; South MountLyall Mining Co. Ltd., 10 shares to bearer, 189[900];Swedenborg north (Charters Towers) Gold nL, 1/-shares, 193[8], and, Whim Well Copper Mines Ltd.,bearer warrant for one share of £1, 191[0], generallyfine to very fine, several better. (10)

£150

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180North Sydney Investment and Tramway CompanyLtd., 41⁄2% debenture for £100, Sydney 1889,no.2131, large format, mauve, grey-green underprint,with coupons, a couple of tone spots, good very fine.

£50

The company was formed to take advantage of thedemand for land in the 1880s, purchasing much land inthe area around Northbridge. A bridge and tramwaywere planned to encourage building private dwellings.The suspension bridge took two years and nine months tobuild at a cost of £42,000 and was opened in January1892. The span of 500 feet was considered a feat ofengineering, being the fourth largest in the world at thetime. Liquidated in 1892 and tramway never built. Thebridge was taken over by the Government.

178Kalgoorlie Mint and Iron King Gold Mines Ltd.,£1 shares, fully paid, 1[901], no.3773, attractive butsmall vignette of mine in centre, ornate border,scrollwork left, green, about very fine.

£60

179New Central Investment Corporation Ltd., bearerwarrant for one founders’ share of 10/-, 189[8],no.A2715, ornate border, black, printed by Waterlow& Sons, with coupons, good very fine.

£50

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185New Zealand Agricultural Co. Ltd., £20 shares,188[8], no.1084, scrollwork at left, black, printed byWaterlow & Sons, about very fine.

£50

186New Zealand Midland Railway Company Limited,5% first mortgage debenture for £1000, 1889,no.C36, of only 265 issued, large format piece withornate border, black, yellow underprint, with coupons,very fine and rare

£60

OCEANIA187British Oceania, a nice group of certificatescomprising Caledonia Copper Co. Ltd., £5 shares,[1899], attractive piece printed by Waterlow & Sons;Caledonian Mining Corporation Ltd., £1 shares,190[0]; nasivi (Fiji) Gold Syndicate, nL, 193[5];Papuan Minerals Exploration Ltd., 19[11]; Papuanindustries Ltd., 2 examples, 19[05] and 19[21];Upolu Rubber & Cacao Estates Ltd., 19[11];Laumona Corporation (British Solomon IslandsProtectorate) Ltd., 19[22]; Madang Exploration nL,192[3]; new Guinea Copper Mines Ltd., 192[4];Frowat Gold Alluvials nL, new Guinea, 193[5];British new Guinea Development Co. Ltd., 4examples, 2 types, 19[10] and 19[19], and a ratherpoor condition certificate of Mineral Developments(Fiji) Ltd., 19[35], all except the last are generally veryfine, some better. (16)

£180

181Societe Forestiere Franco-Australienne, a group of10 certificates for 100 franc shares, Paris 1921,photographic vignettes of felled timber and sheep,steamship in centre, ornate borders, black and blue,with coupons, extremely fine. (10)

£140

A French company operating in Western Australia.

182South Crinoline Amalgamated Quartz-MiningCompany, £10 share, part paid, 186[6], no.144,black on pink paper, good very fine.

£60

Mine at Donnelly’s Creek, North Gipps Land (sic).

183Southern Queensland Pastoral Co. Ltd., 7%mortgage debenture for £100, no.221, of 400 issued,large format, four pages, black, good very fine.

£50

NEW ZEALAND184Ethel Reef Gold Mining Company Limited, 5shilling shares, part paid, 1900 over 189-, ornateborder, blue-green, about very fine.

£50

A reorganisation of a company owning property inMontana, U.S.A., which was suspended and newproperty acquired at Stoney Creek, Hauraki District.

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191Canada Southern Railway Co., partly issuedregistered second mortgage bond, $1000, 18- (circa1880), no.214, signed by Cornelius Vanderbilt Jr.as vice president, steam train at left, man wavingwhite flag at right, green and black, hole cancelled with2 holes through the signature, good very fine.

£50

192Newfoundland Railway Company, certificate for 10shares of $100, new York 188[1], no.A252, attractivevignette of steam train at station, black and brown,extremely fine.

£40

193Canadian North Pacific Fisheries Ltd., a set ofcertificates for 5, 10, 25, 50 and 100 shares of $5,1911 or 1912, beached whale and whaling vessel,green with yellow underprint, printed by Waterlow &Sons, very fine or better. (5)

£150

194Canadian North Pacific Fisheries Ltd., $5 ordinaryshares, a group of certificates for 5 shares, serial letter‘D’ (5), 10 shares, serial letter ‘C’ (10), 25 shares,serial letter ‘B’ (36), 50 shares, serial letter ‘A’ (19)and variable quantity, no serial letter (2), all 19[11] or19[12], very attractive pieces with vignette of beachedwhale and fishing boat, blue green with yellowunderprint, printed by Waterlow & Sons, mostly veryfine and better. (72)

£700

188French Oceania, La nouvelle France, Colonie Librede Port-Breton, certificate for one hectare of land,Paris (overstamped Jersey) 1879, facsimile signature ofthe Marquis de Rays, very ornate but small formatpiece with vignettes of a port, Christians preaching tonatives, industrial scenes and coats of arms, blue onblue paper, small spike hole, extremely fine; togetherwith other certificates comprising “Le nickelCalédonian”, 1905; Charbonnages de la nouvelle-Calédonie, 1904; Mines du nord de la nouvelle-Calédonie, 1888 (2 examples); Comptoirs Françaisd’océanie, 1920; Établissements n. hagen(nouvelles hébrides), 1928 (2 examples); Cie.Française de Tahiti, 1929 (3 examples, 2 types), andCie. Agricole & Minière des nouvelles hébrides,1926 (3 examples, 2 types), these have trimmed edges,all with ornate borders, several with vignettes, acolourful lot, generally very fine to extremely fine. (13)

£140

CANADA

189Province of Canada, County of Oxford, £100debenture, 18[51], to enable the MunicipalCorporation to subscribe to stock of the GreatWestern Railroad Company, no.109, lovely vignette ofthe young Queen Victoria, flanked by lion andunicorn, steam train below, black, with coupons, goodvery fine.

£120

190Canadian Railways and Tramways, comprisingnewfoundland Railway Co., 10 shares, 188[3],attractive vignette of steam train at station, black andbrown; Inverness Railway and Coal Company, novaScotia, first mortgage gold bond, $500, 1902, steamtrain at top, green and black; South Winnipeg Ltd., 10shares, 1913; Atlantic, Quebec and Western RailwayCo., first mortgage bond, £100, 19[09], and AlgomaBondholders Joint Committee, trust certificate,191[2], about very fine to extremely fine. (5)

£80

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EUROPE

AUSTRIA199City of Vienna, 1931 Gold Loan, a group of bondsfor 100 Swiss francs (7), 200 Swiss francs (51) and 250Swiss francs (14), ornate border, text all in German,blue, green and brown respectively, with coupons,noT CAnCELLED, very fine and better. (72)

£200

200Steirische Wasserkraft und Electrizitäts AG(Styrian Water Power and Electricity Co. Ltd.), 6%First Mortgage Gold Bonds, 1930, a group of bondsfor $100 (27) and $250 (16), ornate borders, greenand red respectively, text in English, with coupons,noT CAnCELLED, very fine and better. (43)

£200

BELGIUM201A collection of Belgian and Belgian Congo motortransport related certificates, comprising Ateliers deBuysinghen Véhicules Industriels Miesse, priorityshare of 500 francs, 1931; Automobiles Miesse etusines Bollinckx preference share, 500 francs, 1929;Minerva Motors, share, 1931, and one tenth share,1929; Bruxelles-Automobile, founders share, 1926;Cie. gen. des Autobus, dividend share, 1909, motorbus at bottom; Autobus Belges, 100 franc share, 1923,motor buses in street scene; Garage duMoulinfounders share and 500 franc share, both 1944,and, Soc. des Messageries Automobiles du Congo,unissued certificates for 100 franc share and 1000franc bond, both 1927, very fine to extremely fine. (11)

£50

195Canadian Western Lumber Co. Ltd., pair ofcertificates for 50 and 100 shares of $5, 19[19] and19[27], lovely vignette of logging and forest with riverand factory in background, brown with pale greenunderprint, printed by Waterlow & Sons, about veryfine and good very fine. (2)

£80

196Compagnie Française du Yukon, 100 franc share,1899, no.1245, ornate border with miner, ironmaster, mills, tools and coats of arms, brown withyellow underprint, with coupons, very fine to extremelyfine.

£50197Dominion of Canada Trust Corporation Ltd.,bearer warrant for 50 deferred shares of 1 shilling,London, 19[10], no.B2, large format piece withornate border, beaver gnawing a branch left and coatof arms and flag at right, brown and black, text inEnglish and French, with coupons; together with anominative certificate of the same company for £1ordinary shares, 5 shillings paid, 19[10], no.168,steam train at left, beaver at right, coats of arms inscrollwork at left, blue; Dominion Trust Ltd., £1shares, fully paid, 190[4], no.86, globe at top behindtitle, black, good fine to very fine. (3)

£60198A collection/accumulation of Canadian certificates(68) including newfoundland Railway Co., 10 shares188[3], and Canadian Marconi Co., 1935, a littleduplication, several with vignettes, mixed condition,fine to very fine. (68)

£200

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205Compagnie Generale de Panification, 100 francsshare, Bruxelles 1896, no. 02298, vignette withsowing and harvesting scene at top margin, farmertools and bakery machinery at left, spikes of wheat atright, with coupons, almost extremely fine.

£80

205AEtablissements Usaneaux S.A., 500 franc share,Saint-Gilles 1924, no.1521, ornate border with leavesand fruit listing the companies products, such as‘Vins’, Champagnes, Liquers, Cacao, Cafes and Thes,blue with yellow underprint, with coupons, extremelyfine.

£50

202A collection of Belgian certificates, comprisingCompagnie des Installations Maritimes de Bruges,500 franc preference share, 1904, very attractivemulticoloured piece with city views and wingedallegorical female, 2 examples, one uncancelled theother with two hole cancels; Belgian Eastern JunctionRailway Company, 5 shares (2) and 10 shares (1),1852, one lacking coupons, other certificates (11), thefirst two are extremely fine otherwise generally fine tovery fine, some better. (16)

£200

203Belgian Eastern Junction Railway Company, agroup of 25 certificates each for 5 shares of £5/25francs, 1852, lovely coat of arms in centre, black onpink paper, text in French and English, with coupons,very fine to extremely fine. (25)

£300

204Compagnie d’Exploitation d’Immeubles S.A., 5shares of 100 francs, no.9141-9145, and 5 dividendshares of no par value, no.5501-5505, Bruxelles 1904,vignette of store at bottom right, the archangelMichael slaying the devil after the painting by Raphaelat bottom left, scrollwork and floral borders, withcoupons, green and red-brown, very fine and better.(2)

£50

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208Société Anonyme des Usines Delin, 100 francpreference share, Louvain 1898, no.5468, veryattractive piece with vignettes of automobile andcyclists at bottom, wheel and coat of arms at top left,green and pink, with coupons, about very fine.

£60A factory producing cycles and motor cars until 1901when the factory was acquired by Mathieu.

209Société Royale de Zoologie d’Horticulture etd’Acrement de Bruxelles, nominative certificate for 1share, 1859, no.2420, classic design with stonearchway with various animals including a tiger, snakeand crocodile, black, yellow underprint, a few tone spotsat top edge, very fine.

£180The zoo was founded in 1851. Shares exchanged for Cityof Brussels bonds in 1878.

206Le Combat Naval, 50 franc share, Brussels 1899,no.17423, very attractive piece with naval battle at thebottom, warship at right, sailor to the left, blue, withcoupons, extremely fine.

£120

207Scheldebank, Antwerp, a pair of certificates, 200frank share and stichtersaandeel (founders share), both1923, no.s 601 and 2926 respectively, large formatpieces with vignettes of Antwerp and the river,factories, railway sidings, tools and coat of arms of thecity, blue and yellow and blue and pale blue, withcoupons, good very fine, the first with a couple of tinynicks at left edge. (2)

£75

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213Assenovetz Fabrique de Biere, 1000 leva share,Sliven 1921, no.1096, attractive design with hops ateither side, ornate border, text in Bulgarian andFrench, with coupons, about extremely fine.

£50

214Bulgaria Soda and Lemonade Company, 100 sharesof 100 leva, 1932, very attractive and colourful piecewith peasants, wine bottles, soda syphons and bunchesof fruit and berries, with coupons, very fine.

£150

BULGARIA210A small collection of Bulgarian certificates,comprising Banque par Actions ‘napredak’ a Pleven,1918; Credit Co-operative ‘Worker’, 100 leva share,1928; Credit Mutual Savings Joint Stock Company‘Flag’, 100 leva share, 1919; First Bulgarian LeatherCompany, 100 leva share, 1895; Premier SociétéeBulgare d’Assurances ‘Bulgaria’, 100 leva share, 1929;Shumen Commercial Bank, 100 leva share, 1921;Shumen Savings Company ‘Futurity’, 100 leva share,1918; Société Textile par Actions ‘Iskar’, 20 shares of100 leva, 1919; Sofia Popular Bank - Credit Co-operative Company, certificates for 10 shares and 50shares, 1940, and two others, several with vignettes,generally very fine or better and a colourful andattractive lot. (12)

£100

211Kingdom of Bulgaria, 71⁄2% Stabilisation Loan of1928, bond for £500, no.00466, large format piecewith allegorical female at top seated on throne, greenand black, printed by Bradbury, Wilkinson & Co.,with coupons, tiny edge tear at bottom left margin,otherwise good very fine.

£80

212Kingdom of Bulgaria, 71⁄2% Stabilisation Loan of1928, bond for US$500, no.D2359, large formatpiece with allegorical female at top seated on throne,green and black, printed by Bradbury, Wilkinson &Co., with coupons, small edge tears at left margin,otherwise very fine.

£60

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CROATIA

217Ribarskog Aktsionarckog Drushtva, certificate for 3shares, 1924, no.1376-1378, ornate border withmulticoloured vignettes of fishing boat, fish andfactory, eels at bottom, with coupons, extremely fine.

£60

218Zanyatska Bank, 200 dinara share, 1931, no.1114,atractive piece with large allegorical female at leftholding shield and sword, worker and boy at rightwith blacksmiths tools, brown and blue, with coupons,very fine.

£50

215Fabrique de Tabac Horizont, 500 levas share, 1921,no. 000159, design with woman smoking at topcentre, tobacco leaves on borders and tobaccoplantation at low centre, extremely fine.

£80

216Societe Commerciale et Industrielle par ActionsP.G.Petrovitch & Cie., Sofia, 10 shares, 1000 leva,1928 (over 1922), no.4490, attractive Art Decodesign with geometric border, blue and brown, text incyrillic and French, with coupons, hole cancelled, nearextremely fine.

£75

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220Czechoslovak Commercial Corporation ofAmerica, 500 korun share, 1919, series A, no.11187,designed by E. Bohac, signed and dated 1919,Statue of Liberty in the centre with coloured flags ofthe USA and Czechoslovakia below, American figuresat left, Czech figures at right offering goods, good veryfine.

£100

221V˝chodoceská Elektrárna, 500 korun share, 1924,vignettes in each corner of various power installations;together with other certificates from Czechoslovakiaincluding “Eternitas”, 400 kroner share, 1922, andother shares, bonds and documents (10), generallyvery fine and better. (12)

£50

CZECHOSLOVAKIA

x219Ceskomoravska-Kolben-Danek, certificate for oneshare of 400 korun, Prague 1927, no.74738, veryattractive design with steam engine, electric engine,motor car, turbine, tracked vehicle, iron bridge etc.,brown, grey-green and pink, with coupons, aboutextremely fine.

£100

One of the largest engineering companies formed in1927 from the merger of two other companies.Manufactured a motor cycle until 1929. Mademachinery for the German Wehrmacht during the warand soon nationalised after hostilities ceased.

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DENMARK

222Kongelige Danske Westindiske Handels Selskab (Danish West India Company), certificate for oneshare of 100 riksdalers, Copenhagen 1778, no.3625, signed by Carl Heinrich Schimmelmann, ErnstSchimmelmann, Chr. L. Stemann and others, attractive vignette of allegorical figures with sailingship, barrels of goods and beehive, black on laid paper, ink cancelled, very fine and scarce

£1,600-1,800

The company was founded in May 1778 with a capital of 500,000 Reichsdaler to trade into the West Indiesand take advantage of the war between the American Colonies and Great Britain. The company flourishedfor a few years paying dividends of up to 40% on a regular basis and the share value was increased from100 to 300 riksdaler. When the war was over competition grew from many other trading companies andthe company struggled on until 1785 when most of the capital was lost. Liquidation took place with helpfrom the Danish Government who issued 4% bonds to shareholders valued at 200 riksdaler each in additionto the meagre 60 riksdaler in cash that was all that was left for each share. Carl Heinrich Schimmelmann(1724-1782), born in Pomerania, started his business career trading goods such as coffee and sugar inDresden, later obtaining lucrative contracts to supply the Prussian Army with various goods. He was askedby the King of Denmark for help in improving their trade and was appointed Superintendant of Commerceand created a Baron in 1762. He owned several plantations in the West Indies and a sugar refinery inCopenhagen.

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223A very interesting group of Danish certificates,including Danske Genforsikring, 1000 kroner share,1916; Skandinavisk Assurance, 1000 kroner share,1917; Dampskibsselskabet Jyden, 10,000 kronershare, 1925, no.44, rare; other issued certificates,1940’s to 1970’s (14) and mostly specimen certificates(7), 1920’s to 1950’s, some with printers annotationat top, usually ink cancelled on face, a very unusualgroup in generally very fine condition. (24)

£250

224Ford Motor Company, Dansk MonteringsfabrikA-s, an unissued or specimen certificate for 1000kronen share, 1919, plain print in black on blue-greenpaper, with coupons, ink cross over the entire faceotherwise very fine and rare.

£150

225Gribskovbanen (Hillerød-Gilleleje, Hillerød-Tisvildeleje), 300 kroner share, hillerød 1945,no.23, vignette of electric tram in woodland, black,blue underprint, with coupons, top edge with a fewsplits and somewhat ragged, otherwise very fine.

£50

226Gummi- og Luftringe-Fabriker (United Rubberand Pneumatic Tyre Co.), 500 kroner share,Copenhagen 1912, no.446, and 1000 kroner share,Copenhagen 1915, no.1585, vignette of the factory attop surrounded by a rubber tyre, wheels in underprint,black and yellow, with coupons, good very fine and veryfine. (2)

£100


227Jutland Telephone Company Limited (JydskTelefon Aktieselskab), 51⁄2% Bonds of 1922, aspecimen bond for £100 from the Bradbury,Wilkinson & Co. archives, allegorical female at topwithin circle, green and black, with coupons,overprinted SPECIMEn in red across face, extremely fine.

£80

FINLAND

228Maanviljelyskauppa-Oy (Agricultural ImplementManufacturing Company), 200 markkaa share,1939, no.2261, interesting ‘art deco’ design of manand horse drawn plough, green and yellow, withcoupons, adhesive revenue stamps, very fine toextremely fine.

£50

FRANCE229A collection of French and Colonial certificateswith a maritime theme, (20), others (46) includingrailways, motor cars and mining, Compagnie desClaridges hotels, 100 francs, 19[19], multicoloured,vignettes of steamship and steamtrain and 3 vellumquittances from 18th century loans, many havevignettes, some duplication, generally very fine andbetter. (66)

£300

230Anglo-French Company for the Manufacture ofArtificial Sperm Oil (Fullers, Desgrand & Co.),bearer certificate for 1 share of 100 francs, no.88,1857, very attractive piece with vignettes aroundborder of steamship, steamtrain, factory, allegoricalfigures, scrollwork and coats of arms, text in Englishand French, black with olive green underprint, withcoupons, small tear at right extending 1⁄2 inch into thedesign, good very fine.

£180

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231Briqueteries & Tuileries d’Angervilliers S.A., 500francs share, Paris 1917, a group of 5 certificates, artdeco design of workman with factory in backgroundby Gaston Maréchaux, green and brown, withcoupons, generally about extremely fine. (5)

£120

232Chemin de Fer de Paris à Lyon et à laMéditerranée, 6% Sterling Loan, 1922, a specimenbond for £500 from the Bradbury, Wilkinson & Co.archive, very large format piece with vignette of plaquewith Latin legend ‘Ferro Conjvngit’ below, orangeand black, with coupons, overprinted SPECIMEn in red,near extremely fine and rare.

£80

233Cie. du Gaz H. Riché, 500 franc share, Paris [1906],no.1961, very attractive border with gas works atbottom, blue, yellow underprint, with coupons,extremely fine.

£50


234Compagnie du Chemin de Fer de Paris a Orleans,a set of 4% sterling bonds for £100, £500 and £1000,1935, from the Bradbury, Wilkinson & Co. archive,large format pieces with vignette of river scene andstation building, green, blue and red respectively,numbered 0000, small hole cancels, generallyextremely fine. (3)

£300

235Compagnie du Chemin de Fer du Nord, a set ofspecimen bonds for £100, £500 and £1000, 1922,from the Bradbury, Wilkinson & Co. archive, ornateborders, green, blue and red respectively, text inFrench and English, to be countersigned by n.M.Rothschild & Sons, with coupons, generally extremelyfine. (3)

£180

236Compagnie Electrique des Tramways de la RiveGauche de Paris, 100 franc share, Paris 1899,no.76933, attractive Art nouveau design with tramcarat top, scrollwork at top and sides, green and orange,with coupons, good very fine.

£50

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237Compagnie Parisienne des Voitures Electriques(Procédés Kriéger), part bénéficiaire, Paris 1900,no.1579, lovely Art nouveau design with four of thecompany’s vehicles at left, brown and yellow, withcoupons, extremely fine.

£100

238Etablissement Thermal de Forges-les-Eaux, 100francs share, Paris 192-, no. 0, 028, 836, black andpale orange, vignette with two allegorical maidens,ornate border, with coupons, extremely fine.

£50

239Etablissements Léon Volterra et Théâtre Marigny,100 franc share, Paris 1927, no.78331, lovely designof dancer, musicians and actor, blue and yellow,stamped endorsement of reduction of capital, withcoupons, extremely fine.

£80

240no lot

241Groupement National de la Baie Mont-SaintMichel, 100 franc share, Paris 1927, no.50560, veryattractive piece with architectural border withvignettes of the small Island off normandy andarchitectural detail of the Monastery and coats of arms,blue and green, with coupons, very fine to extremelyfine.

£60


242Helice Mobile, dividend share, Paris 1863, no.2389,blue, allegorical figures at top centre, ornate border,with coupons, very fine.

£100

243La Cigale, 100 francs share, 1900, no. 4238, ornateborder, mauve and light green, allegorical maiden atlow centre, with coupons, extremely fine.

£80

244Le Mareorama, 100 francs share, Paris 1899, no.01344, blue and pale green, ornate border, withcoupons, extremely fine.

£75

245L’Hippodrome, pair of certificates for 100 franc shareand ‘part beneficiaire’, 1898, attractive pieces withhorses heads, unicorns, fruit and scrollwork, red withgreen underprint and blue with yellow underprint,with coupons, extremely fine. (2)

£75

246Nouvelle Compagnie Francaise de Tabacs, 500francs share, Paris 1876, no. 77, mauve and pale green,ornate border, allegorical figure top centre (Fortune),with coupons, very fine.

£50

247Société Anonyme Austin, a group of 52 certificatesfor one share of 100 francs, numbered 0001-0052,Liancourt 1923, facsimile signature of Sir HerbertAustin as president, ornate border, green with yellowunderprint, with all coupons, numbers through to 36are extremely fine and then some slight chipping developson the remainder at the extreme left bottom corner.

£200

248Soc. Anonyme Nicoise d’Huiles d’Olive, partbeneficiare, nice 191[1], no.1614, very unusual piecewith large olive branch with several olives across thetop, green, brown and black with blue underprint,with coupons, near extremely fine.

£50

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249Societe Bretonne de Filature et Teinturerie deLaines, 500 francs share, Quimpere 1920, no. 02963,black and cream, pastoral scene, arms at top centre,with coupons, extremely fine.

£50

250Société des Biscuits Olibet S.A., nominativecertificate for 1 founders share, Suresnes [1899],no.4244, very attractive piece with vignettes ofploughing, cutting and gathering wheat, and factoryproducing biscuits, blue, grey underprint, withcoupons, good very fine.

£50

251Societe Generale de Publicite et d’Affiches, 100francs share, 1910, no. 7019, dark brown and cream,vignette representing a muscle man lifting an angelwith trumpet and waving flag, extremely fine.

£80

252Société Thermale des Aabatilles Arcachon(Arcachon Thermal Baths), founders share, 1925,no.564, attractive design of coastal scene withfountain in the centre, yellow and brown, withcoupons, good very fine.

£50

The St.Anne Spring was found by chance in 1923 whilstdrilling for oil in the region. The spring water wasutilisesd for its therapeutic qualities for a few years butplans for the building of a resort were rejected in 1937.

GERMANY

x253German Government International 51⁄2% Loan,1930, bond for $1000, no.77075, allegorical female attop, mauve and black, text in English, German andFrench, with coupons, stamped U.S.A. DoMICILE inred, noT CAnCELLED, very fine to extremely fine.

£300


2541930 International 51⁄2% Young Loan, Swiss issue, agroup of 102 bonds for 1000 Swiss francs, largeformat, ornate border, mauve and black, text inGerman, English and French, with coupons, noTCAnCELLED, very fine to extremely fine. (102)

£500

255Konversionskasse fur Deutsche Auslandsschulden(Conversion Office for German Foreign Debts), aset of 3% bonds, 1936, 100, 500 and 1000 dollars, allwith blue form TFEL-2 attached signifying that theholder is US domicile, workers flank a large block offlats, blue, green and orange respectively, withcoupons, noT CAnCELLED, very fine orthereabouts. (3)

£300

256Konversionskasse für Deutsche Auslandsschulden(Conversion Office for German Foreign Debts), 3%dollar bonds, 1936, due 1946, $1000 (104 examples),worker and farm worker at top, orange and black, withcoupons, noT CAnCELLED, generally extremelyfine. (104)

£800

257Konversionskasse Für Deutsche Auslandsschulden,3% dollar bonds, $1000 (4 examples), new issue,1937, ornate border, orange and black, very fine toextremely fine. (4)

£50

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258City of Cologne, 6% Sterling Loan of 1928, a set ofspecimen bonds for £20, £100 and £500 from theBradbury, Wilkinson & Co. archive, overprinted withmodified terms of settlement in 1953 and twiceoverprinted specimen, in red, vignette of Colognecathedral, blue, brown and red respectively, withcoupons, extremely fine. (3)

£300

These certificates with the modified terms were actuallyreprinted in a different colour to the original andexchanged for them in 1953.

259Stadt Dortmund, 5% Swiss Franc Loan, 1926, 1000Sfr. (13 examples), of only 1248 issued, ornateborder, black, yellow underprint, no couponsremaining, red 1944 endorsement reducing theinterest rate to 4%, noT CAnCELLED, very fine toextremely fine. (13)

£300

260City of Dresden, 20-Year 7% Sinking Fund GoldBond external Loan of 1925, $1000, no.2897,allegorical figures at top, ornate borders orange andblack, ABnCo., with coupons, noT CAnCELLED,small split at centre fold, very fine.

£100

261City of Dresden, 20-Year 7% Sinking Fund GoldBond external Loan of 1925, $1000, no.4239,allegorical figures at top, ornate borders, orange andblack, ABnCo., with coupons, blue certificate of USownership attached, noT CAnCELLED, split at fold,pin and staple holes, ink smudge bottom left, fine to veryfine.

£80

262City of Dresden, 20-Year 7% Sinking Fund GoldBond external Loan of 1925, $1000, no.4240,allegorical figures at top, ornate borders, orange andblack, ABnCo., with coupons, blue certificate of USownership attached, noT CAnCELLED, split at fold,pin holes with tear at top left corner, fine to very fine.

£80


263City of Duisburg, 7% Serial Gold Bond, 1925, $1000(10 examples) bare breasted female at top, ornateborders, blue and black, ABnCo., no coupons remain,noT CAnCELLED, very fine or nearly so. (10)

£500

264City of Frankfort-on-Main, 25-Year Sinking Fund61⁄2% Gold Bond, 1928, $500 (15 examples),allegorical female at top, ornate borders, orange andblack, Republic BnCo., with coupons, noTCAnCELLED, some with tiny splits at folds, very fine.(15)

£300

265State of Hamburg, 20-year 6% Gold Bond, $1000,no.M4210, allegorical figure at top, ornate border,blue and black, ABnCo., with coupons, noTCAnCELLED, slightly uneven right edge, good veryfine.

£80

266State of Hamburg, 20-year 6% Gold Bond, $1000,no.M7390, allegorical figure at top, ornate border,blue and black, ABnCo., with coupons, noTCAnCELLED, good very fine.

£80

267City of Karlsruhe, 5% Loan, 1926, a group of bondsfor 1000 Swiss francs (84 examples), black and green,red overprint 1944, no coupons remain, noTCAnCELLED, the majority are about extremely fine.(84)

£400

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268City of Leipzig, 7% Sinking Fund Gold ExternalLoan, 1926, $500, no.D782, allegorical figures at top,ornate borders, mauve and black, with coupons, noTCAnCELLED, very fine.

£150

269Free State of Oldenburg, 7% External Gold Bond,$1000, 1925, no.M2777, large coat of arms at top,ornate borders, orange and black, printed by theColumbian Bank note Co., with coupons, noTCAnCELLED, good very fine and scarce.

£120

270Free State of Saxony, 6% Sterling Loan, 1927, apair of bonds for £100 and £20, vignette of allegoricalfigure, blue and orange respectively, with coupons,noT CAnCELLED, very fine to extremely fine. (2)

£80

271Kingdom of Westphalia, 6% Loan, 1809, bond for200 franken, coat of arms at top, ornate border, black,lacking coupons, splits at folds and around edges, dirtysurface, fine and scarce.

£80


x272Benz & Cie. Rheinische Automobil- UndMotoren-Fabrik AG, teilschuldverschreibung (partialdebenture) for 1000 marks, Mannheim 1920, no.152,large format piece with ornate border, underprint ofopen touring motor car, brown and black, withcoupons, almost extremely fine and rare.

£250

x273- another similar but no.153, almost extremely fine.

£250


£250


£250


£250


£250


£250


£250


£250


£250


£250


£250


£250


£250


£250


£250


£250


£250

x290- another similar but no.170, ragged top edge, goodvery fine.

£200

x291- another similar but no.151, water stain in centre, veryfine.

£200

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The following 20 lots are a recent find of scarce Benz bonds and will be offered individually.The buyer of lot 272 will have the option to purchase as many of the others as he/she wishes at the same price.

For example, if the buyer chooses to buy this lot and the next 9 lots, the next lot to be offered to the floor will belot 282. The same process will repeat itself, the buyer of lot 282 having the option to buy any or all

of the following lots at the same hammer price. This will be repeated until all 20 lots are sold.



292A small group of German certificates, comprisingnorddeutscher Lloyd, 100 reichsmark share, Bremen1936; Saarburg Moselle Export Co. Ltd., £100debenture, 1899, adhesive label at top right; Bremen,41⁄2% loan, 1922, 10,000 marks, 41⁄2% Loan, 1923,10,000 marks; Leipzig, 5% Loan, 1922, 1000 marks;koln, 8% Loan, 1923, 100,000 marks (2 examples),and others (2), the first two very fine to extremely fine,the rest generally without coupons, edge splits, fine to veryfine, some better. (9)

£80

293An attractive group of motor car and relatedcertificates (32) including Excelsior-Fahrrad-werke,1000 marks, 1922; Sphinx Automobilwerke AG, 5000marks, 1923; Fahrzeugfabrik Dusseldorf AG, 1000marks, 1922; Lippische Werkstatten AG, 1000 marks,1921; Dorner oelmotoren AG, 10,000 marks, 1923;Lindcar-Auto AG, 20 reichsmark, 1925; Brennabor-Werke AG, 100 RM, 1940 and and 100RM and1000RM, both 1935; Stoewer-Werke AG, 100RMshare, 1932; Vogtlandische Maschinenfabrik(Dietrich), 100RM, 1928; M.A.n., 100RM, 1942;Mars-werke, 100RM, 1936, 4 different Daimler Benz;2 different B.M.W. and others (14), generally very fineor better. (32)

£500

294Aktiengesellachaft Sachsische Werke (Saxon PublicWorks Inc.), general and refunding mortgageguaranteed gold bond, $1000, 1926, no.M6657,allegorical female at top, orange and black, withcoupons, with form TFEL-2 attached signifying thatthe holder is US domicile, noT CAnCELLED, veryfine.

£100

295Deutsche Rentenbank-KreditanstaltLandwirtschaftliche Zentralbank (German Centralbank for Agriculture), farm loan secured 6% goldsinking fund bond, $1000, 1928, no.3662, allegoricalfemale at top, mauve and black, with coupons, withblue form TFEL-2 attached to signify that the holderis a US domicile, noT CAnCELLED, very fine.

£100

296Rheinelbe Union (Gelsenkirchener Bergwerks AG;Deutsch-Luxemburgische Bergwerks-und HüttenAG; Bochumer Verein Für Bergbau undGussstahlfabrikation), 20-Year 7% Sinking FundMortgage Gold Bond, $1000 (9 examples), allegoricalfigures at top, ornate border, orange and black,ABnCo., with coupons, Commerzbank endorsementdated 1979 stating that the bond is legal and recognised,not cancelled but with filing holes, very fine and better.(9)

£200


297Rheinisch-Westfälisches Elektrizitätswerk AG(Rhine-Westphalia Electric Power Corporation),Condolidated 6% Mortgage Gold Bond, 1930, $1000(46 examples), allegorical figures at top, ornateborder, mauve and black, ABnCo., with coupons, 2punch holes in centre, probably not cancellations,generally very fine or better. (46)

£500

298Sächsische Bank zu Dresden, 200 taler share,Dresden 1870, no.18886, ornate architectural borderwith coat of arms at top, allegorical figures at sides,brown, red endorsement of revalue to 300Reichsmark, with small blue certificate attached dated1950, about very fine.

£100

299Silesia Electric Corporation (ElektrizitätswerkSchlesien AG), 61⁄2% sinking fund mortgage bond,1926, US$1000, no.M3211, Mercury at top, ornateborder, brown and black, ABnCo., with coupons,noT CAnCELLED, small splits at folds at left edge,about very fine.

£80

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300Two German Colonial companies, comprising neuGuinea Compagnie, 500 mark share, Berlin 1914,no.1152, very ornate scrollwork and floral border withstylised lion at top left, brown and green, withcoupons; together with Safata-Samoa-Gesellschaft,Vorzugs-Anteilschein, 100 marks, Berlin 1911,no.4208, ornate border, brown, pink and black, lackscoupons, very fine or better. (2)

£80

301Central-Afrikanische Bergwerks-Gesellschaft, 100mark share, Berlin 1908, no.5793, ornate border,black, blue and orange, lacks coupons, very fine.

£150

GIBRALTAR

302Gibraltar Gas Company, 50 dollar share, Gibraltar[1857], no.1426, attractive vignette of Gibraltar withmany sailing craft, black, handwritten endorsement onreverse, very fine and rare.

£250

GREECE303A collection of Greek bonds and shares, comprisingThe Eastern Insurance Company, 1 and 5 shares of100 drachma, 1910, large format, text all in Greek,foliage around title; Vaiania & kairaktidis Shippingand Industrial Company, 1 and 5 shares of 1000drachma, 1933, classical female at left, text all inGreek; Soc. hellénique d’Entreprises Maritimes, 5 and25 shares of 100 drachma, 1916, ornate border withmythical figures and ship with flag; Banque deThessalie S.A. Volo, 10 and 25 shares of 100 drachma,classical borders; olympias S.A.des EntreprisesForestières. 1 share of 1000 drachma, 1935 (4examples); Thessalian Railways, 1 share, 1886 (3examples); Canal de Corinthe, 1 share, 1882, and 6%bonds, 1890 (2 examples); Canal Maritime deCorinthe, 500 franc bond, 1888, other certificates (7),mixed condition, fine to very fine. (26)

£150

304A small group of Greek banking shares, comprisingBanque de Propriété du Piree S.A., 25 shares of 100drachma, [1927], allegorical figures at sides, buildingat bottom; Banque Populaire S.A., 1 share, 5 sharesand 25 shares of 100 drachma, 1905, the last trimmedaround edges, 1 share, 2nd series, 1923; Banque deThessalie S.A. Volo, 5, 10 and 25 shares of 100drachma, 1922, and, Banque de Commerce etd’industrie de Volo, 25 and 100 shares of 100drachma, 1926, all large and attractive pieces,generally very fine. (10)

£120


305Cine Orient, 1 share of 100 drachma, 1918, no.9984,bare breasted female with roll of film and projector,ornate floral border, with coupons, good very fine.

£60

306Cine Orient, 1 share of 100 drachma, 1918, no.9985,bare breasted female with roll of film and projector,ornate floral border, with coupons, good very fine.

£60

307J.D. Corcodilos & Sons Coal Trading & ShippingCo. Ltd., set of 3 certificates for 1, 5 and 10 shares of£1, Piraeus 1926, steamship at dockside with steamtrain, allegorical male and female at bottom corners,grey-green, blue and brown, Greek revenue stamps,with coupons, extremely fine. (3)

£100

308Soc. Athenienne d’Automobiles “Athena” S.A.,certificates for 1 and 5 shares of 100 drachma, 1stissue, 1920, capital 20,000 shares, lovely design withAthena in centre flanked by an open touring car and aSedanca de Ville, green and orange with pinkunderprint and green underprint respectively, adhesiveduty stamps, with coupons, about extremely fine. (2)

£100

309Soc. Athenienne d’Automobiles “Athena” S.A.,certificate for 25 shares of 100 drachma, 2nd issue,1924, capital 40,000 shares, lovely design with Athenain centre flanked by an open touring car and a Sedancade Ville, green with green underprint, adhesive dutystamps, with coupons, about extremely fine.

£50

Even if all of this particular issue was in the 25 sharedenomination, which is highly unlikely, then amaximum of 800 could have been issued.

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310Soc. Athenienne d’Automobiles “Athena” S.A.,certificates for 5 and 25 shares of 100 drachma, 3rdissue, 1925, capital 50,000 shares, lovely design withAthena in centre flanked by an open touring car and aSedanca de Ville, green with blue underprint andgreen with green underprint respectively, adhesiveduty stamps, with coupons, good very fine to extremelyfine. (2)

£100This third issue was the smallest with only 10,000 shares,divided at worst into only certificates of 5 and 25 shares.We estimate approximately 300 of the 25 share and 500of the 5 share.

HUNGARY311Lloyd Bank A.G., certificate for 1 share of 400kronen, Budapest 1923, very attractive large formatpiece with border consisting of numerous cherubs,text in hungarian and German, red and brown, withcoupons, edge splits; together with other Austrian andhungarian certificates including Takarek Eshitelbank, 100 kroner, Cservenka 1908, allegoricalfemales at left; Wasserkraftwerke AG, 5% bond,10,000 kronen, 1922, vignettes in each corner; BodenCredit Anstalt, 100 gulden, 1889; Pfandbrief-Anstaltder ersten osterreichischen Spar-Casse, 4% bond,1899, 2000 kronen (2 examples), and others (19),mixed condition but many are very fine and better. (25)

£120

312Lloyd Bank A.G., certificate for 50 shares of 400kronen, Budapest 1923, very attractive large formatpiece with border consisting of numerous cherubs,text in hungarian and German, green and brown, withcoupons, good very fine.

£80

313Lloyd Bank A.G., certificate for 100 shares of 400kronen, Budapest 1923, very attractive large formatpiece with border consisting of numerous cherubs,text in hungarian and German, mauve and brown,with coupons, good very fine.

£80

314Szegedi Szállodások, Kávésok, Vendéglosök ÉsKorcsmárosok Ipartársulatának Szikviz-GyáriSzövetkezete (Szeged Co-operative Soda Factory),60 korona share, 1896, no.005/5, very attractivepiece with vignettes of horse and wagon deliveringsoda bottles, soda factory depicting gas equipment forfilling soda bottles, city view with bridge across river,allegorical figures and seal depicting soda watersyphon, brown and green, with coupons, very fine.

£80

ICELAND

315Hlutafjelagid Eimskipafjelag Islands (IcelandSteamship Co. Ltd.), 25 kroner share, series A,Reykjavik 1914, no.3926, large format piece withvignettes of steam trawler and figures from Icelandichistory, including Leif Ericson (Leifur heppni), map ofIceland in underprint, blue, black, red and orange,yellow underpint, very fine.

£120


316Hlutafjelagid Eimskipafjelag Islands (IcelandSteamship Co. Ltd.), 50 kroner share, series B,Reykjavik 1917, no.4602, large format piece withvignettes of steam trawler and figures from Icelandichistory, including Leif Ericson (Leifur heppni), map ofIceland in underprint, blue, black, red and orange,yellow underpint, very fine.

£120

317Hlutafjelagid Eimskipafjelag Islands (IcelandSteamship Co. Ltd.), 100 kroner share, series C,Reykjavik 1914, no.993, large format piece withvignettes of steam trawler and figures from Icelandichistory, including Leif Ericson (Leifur heppni), map ofIceland in underprint, blue, black, red and orange,yellow underpint, very fine.

£120

IRELAND

318Irish Republic, a 6% bond for US$10, 186[6],redeemable 6 months after the ‘Independence of theIrish nation’, issued by the Fenian Republicanbrotherhood of America, facsimile signature of JohnO’Mahony, ‘Erin’ with harp at top, Wolfe Tone at leftand possibly Robert Emmet at right, green and black,neat repaired tear at top, about very fine and scarce.

£400

319Connemara Mining Company of Ireland, certificatefor 5 shares of £1, London 1852, no.5181-5185, coatof arms at top, blue, extremely fine.

£50

320Strabane and Letterkenny Railway Co., £10 shares,19[07], numbers 12 and 13, green; 4% debenturestock (£65,000), 19[08], no.5 and 19[09], no.7, red,and 4% debenture stock (£55,000), 19[30], no.1, and19[60], no.4, mauve, the no.1 piece has some spottingotherwise mainly very fine. (6)

£100

321Waterford, Wexford, Wicklow and Dublin RailwayCompany, £20 share, 1847, no.35109, attractive coatof arms at top, scrollwork border and scrollwork atleft, black, green paper seal, extremely fine.

£120

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ITALY322A small group of Italian certificates, comprisingLloyd Sabaudo, 250 lire share, Genova [1924],steamship bottom left, numerous stampedendorsements; City of naples, 5% loan, 100 lire bond,1881, coat of arms in centre; Tramway & Chemin deFer Electriques de Rome-Civita Castellana-Viterbe,100 franc share, 1907, attractive Art nouveau designwith tramcars and allegorical female, trimmed at leftand right edges; Banco Giro di Venezia, cedola, 50ducati, 1798; an unissued or possibly specimennominative certificate for 25 shares of 100 lire inSocieta Electrica Sarda, Milan 1920, and others (2),generally very fine. (7)

£80

323Anglo-Sicilian Sulphur Company Ltd., a group ofspecimen bearer warrants from the Bradbury,Wilkinson & Co. archive, for 10, 25, 50 and 100preference shares of £1, 189-, all with vignette oferrupting Mount Etna in centre, ornate borders,brown with blue, green, orange and grey underprintsrespectively, with coupons, some paper residue at leftedges where stuck down otherwise about extremly fine (4)

£150

324La Virginia, 250 lire share, Bergamo 1862, no. 1373,black and pale brown, arms at top centre, ornateborders, with coupons, very fine.

£200

325Società Terme Agnano Napoli, 10 shares of 100 lire,naples 1910, no.3199, large classical building withelectric tramcars in centre, ornate border, red-brownand black, with coupons, extremely fine.

£80


NETHERLANDS AND COLONIES326A selection of Dutch and Dutch Colonialcertificates, comprising Delftsche Distilleerderij, Gist-en Spiritus-Fabriek (van Meerten & Zonen), 1000gulden share, Delft 1890; netherlands LandEnclosure Company, 20 shares, London 1852;nederlandsche Centraal-Spoorweg, 250 gulden,1860; Tabak Maatschappij ‘krapoh’. ‘bewijs vandeelgerechtigdheid’, Amsterdam 1922, and,Exploitatie van fotografische Finlay en andereprocédés, shares of 500 gulden, series A, 1929 andseries B, 1930, generally very fine and better. (6)

£80

327A small selection of Tobacco companies, comprisingJ. Lub Jr., 100 gulden, 1929; Duc GeorgeSigarenfabrieken, 1000 gulden, 1928; A. hillen’sSigaren- en Tabaksfabriek, 1000 gulden, 1919 and apreference share, 1930; Sneeker Tabaksfabrieken,1000 gulden, 1922; Internationale Tabakshandel,1000 gulden, 1919; Sigarenfabriek “Flevo”, 1000gulden, 1914; Tabakmaatschappij Weinthal & Co.,1000 gulden, 1942; Douwe Egberts, 1000 gulden(2), 1958 and 1959, and, Tabacus, 100 gulden, 1925,generally very fine to extremely fine. (11)

£100

328Baldy Goudmijnen Maatschappij, 250 gulden share,S-Gravenhage 1889, no.233, ornate border, black,yellow underprint, with coupons, about extremely fine.

£50

329Maatschappij tot Zoutwinning op het EilandSt. Martin, 250 gulden share, 1859, no.1693,attractive border incorporating small vignettes of saltponds, wagons, barrels and ship at dockside, orangeand black, with coupons, about extremely fine.

£75

NORWAY

330Ringnes Bryggeri, 2000 kroner share, Christiania1899, no.983, ornate border, green and black, pinkunderprint, several endorsements re-valuing theshares, the last in 1970, with coupons, cancelled, goodvery fine.

£80

331Telemarken Copper Mining & Smelting CompanyLtd., bearer warrant for 1 share of £1, 1906, very largeformat piece with 3 photographic vignettes of thecamp, buildings and offices, brown and green, withcoupons, tiny split at centre fold but very fine.

£40

Owned mines at Mo and Fryesdal, Norway.

POLAND332An unissued lottery loan certificate, for 600 zloty,1831, small format piece with coats of arms at top,black, handsigned by one official, prizes listed on thereverse; other Polish pieces (5) including 6% 20-YearUS dollar gold bond for $50, 1920, uncancelled;Banku Ziemian, 10 shares of 280 marks, 1921;Sierszanskie Zaklady Gornicze. 100 zloty share, 1929,ornate design with vignettes of mine buildings andminers, generally very fine. (6)

£100

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333Municipality of Danzig, 1925, 7% Mortgage Loan,bond for £100, no.B4700, large format piece, Cityview at top, ornate border, orange and black, printedby Bradbury, Wilkinson & Co., with coupons, goodvery fine and scarce.

£120

334Widzewska Manufaktura Spólka Akcyjna (WidzewManufacturing Company Ltd.), a specimen 8%mortgage bond for £4, 1930, from the Bradbury,Wilkinson & Co. archive, a large format piece withallegorical figures at top, brown and black, text inEnglish, Polish and French, with coupons, red circularBradbury specimen stamp at bottom, almost extremelyfine.

£120

PORTUGAL AND COLONIES335A small group of Portuguese certificates,comprising Consórcio Português de Pesca e Conserva,5 ordinary shares of 100$00, Lisbon 19[20], fishingboats at bottom, architectural border with fishing netat left, brown; Estrela de Portugal Empreza de Pesca,10 shares of 100$00, Lisbon 1923, early sailing ship attop, ropework border, mauve; Companhia Colonial denavegaçáo, 5 shares (2), 10 shares and 100 shares, allLisbon 1922, and, Match and Tobacco Timber SupplyCompany, 1 share, 1926, generally very fine and better.(7)

£80


336A Equitativa Companhia de Seguros, 50 escudosshare, Lisboa 1918, no. 2426, olive and pale orange,maiden with globes and horn of plenty at top centre,extremely fine.

£50

337Empreza Tauromachica Lisbonense, 7% Bonds, a setof 3 certificates for 1, 5 and 10 bonds, Lisbon 1893,large format pieces with ornate borders, black, blueand red respectively, blue impressed duty stamp incentre, one or two edge tears but generally very fine toextremely fine. (3)

£150

338Empresa Tauromachica Lisbonense, 50 reis share,Lisboa 189-, black and white, bull’s head at topcentre, bullfighter at left and farmers at right, extremelyfine.

£200

339Empreza Tauromachica Lisbonense, a set of 3unissued certificates for1, 4 and 8 shares of 50$000,189-, very attractive large format pieces withbullfighter at left, herdsmen right, underprint ofbullring, bull’s head and implements at top, black andbrown, blue and pink and red and green respectively,4 pages, extremely fine and a scarce set. (3)

£600

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340Fabrica de Faianças das Caldas da Rainha,certificate for one share of 20$000, Lisbon 1884, abeautiful certificate designed by Raphael BordalloPinheiro depicting the company’s art pottery, flowersand various animals, multicoloured but predominantlygreen, brown and pink, extremely fine.

£2,500


341Lisbon Electric Tramways Ltd., bearer warrant for25 shares of £1, 19[39], capital £1, 500,000, verylarge format with vignettes of allegorical females andtramcars, ornate border, blue and black, printed byWaterlow & Sons, with coupons, cancelled, about veryfine.

£80Name changed to L.E.T.Holdings Ltd.

342SACOR S.A. Concessionária de Refinação dePetróleos em Portugal, a set of specimen certificatesfor 20, 50, 100 and 500 shares of 1000 escudos,Lisbon 1965, from the Bradbury, Wilkinson & Co.archive, attractive and colourful pieces with oil refineryat top, with counterfoils, overprinted specimen in red,extremely fine. (4)

£100

343Companhia da Guine, 100 escudos share, Porto1919, no. 441, blue, ship sailing, neptune and Afonsode Albuquerque at left, with coupons, almost extremelyfine.

£100

ROUMANIA

344Banca Centrala, certificate for 10 shares of 250 lei,Cluj 1920, no. 187221-187230, multicolouredborders, Cluj view at top centre and eagle with globe,very fine.

£50

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SERBIA345Banque Serbe, 100 dinars share, Belgrade 1906, no.005303, black and pale orange, together with Pioner,500 dinars share, 1922, no. 4370, black and blackorange, both with coupons, almost extremely fine. (2)

£80

346Homolje Investment Bank, pair of certificates for 1share and 10 shares of 100 dinar, 1928, numbers 676and 5931-5940, very colourful certificates as are manySerbian pieces, with agricultural scenes, building and achurch, blue, brown and gold and yellow, brown andgold, with coupons, very fine. (2)

£50

347Industrie de Pruneaux Serbo-Bosniaques S.A.,nominative certificate for 50 shares of 1000 dinars(50,000), Belgrade 1922, no.351-400, underprintvignette of women picking plums surrounded bylarger vignettes of plums and foliage, brown withgreen underprint, text in Serbian and French, withcoupons, small hole cancels, very fine and rare highdenomination.

£50

348Pec Merchant Industrial Bank, certificate for 10shares of 250 dinars, Pec 1924, no. 15761-15770,multicoloured borders, vignette with allegories ofIndustry and Commerce, with coupons, extremely fine.

£50

SPAIN349A collection of Spanish certificates, comprisingCompañia Española de Seguros “Allende”, 1000peseta share, Barcelona 19[18], large vignette ofstylised sailing ship carrying goods; Compañia Bilbainade navegacion S.A., 500 peseta share, 1883, vignetteof sail assisted steamship; Compañia Trasatlantica S.A.,500 peseta preference share, Barcelona 1913,steamship at top, hole cancelled; “Colon” CompañiaTransaerea Española, bono de construcción, Madrid1928, large vignette of airship (3 examples); S.A.Astilleros de Tarragona, 1000 peseta share, 1918,huge vignette of early sailing ships in harbour; Ferro-Carriles de Sevilla-Jerez-Cadiz, 1900 reales share,1857; Compañia Ibérica de Riegos, 3% bond for 1900reales, 1869 (2 examples), and, other certificates (19)including several unissued, generally very fine andbetter. (29)

£280

350Compañia de los Ferro-Carriles de Madrid aZaragoza y a Alicante, a group of shares of 1900reales vellon, Madrid 1859 (150), ornate border withvarious vignettes of city and railway views, arms at top,black, text in Spanish and French, no coupons remain,all hole cancelled, an odd few with some damageotherwise mostly very fine to extremely fine. (150)

£350


351Cia. de los Ferrocarriles Económicos de Villena aAlcoy y Yecla, certificates for 10 shares of 475 pesetas(4), and one preference share (4), all Barcelona 1910,steam train at bottom left, cornucopia bottom right,city views in top corners, trellis borders, blue with paleblue underprint and mauve with yellow underprint,with coupons, mostly extremely fine. (8)

£80

352Ferrocarril Eléctrico del Guadarrama, 500 pesetashare, Madrid 1921, no.2795, electric locomotivewith factory and mountains in the background, brownwith green underprint, with coupons, very fine toextremely fine.

£50

353S.A. del Ferro-Carril de Valdepeñas á la Calzeda deCalatrava, 500 peseta share, Vitoria 1903, no.2061,of the second issue of 1850 shares, ornate border withsteam train at bottom, coats of arms at top, brown andorange-brown, about extremly fine.

£50

354Baños del Astillero S.A., certificate for 1⁄10th part of a500 peseta share, Barcelona 1934, large format piece,very typical Spanish design of this period with largeneptune in centre, sailing boats at left and leisurebuilding at right, orange-brown and black, withcoupons, about extremely fine.

£100

355Cadiz Waterworks Co. Ltd., 8% Loan, 1875, bondfor £100, of 400 issued, no.1858, large format, ornateborder, black with green underprint, with coupons,good very fine.

£60

356Fundicion Artistica Masriera y Campins, 500pesetas share, Barcelona 1902, no. 001047, dark greenand pale red, casting tools on right and lower margin,sculpture at top left, with coupons, extremely fine.

£50

357Grandes Fábricas de Bernardo Alfageme, 200peseta share, Madrid 1908, no.1424, of 2, 500issued, attractive piece with vignettes of factories inunderprint, river scene with tinned fish above, blue,green and brown, interesting blind impressed coat ofarms at top, about extremely fine.

£50

Bernardo Alfageme S.A., a successor to this company stillexists today supplying tinned fish and shellfish.

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358Hiladora Illicitana, nominative 500 pesetas share,Elche 1925, no. 1168, pale orange and black,allegorical figures spinning, with coupons, very fine.

£75

359La Castellana S.A., certificate for 1 share of 1000pesetas, Madrid 19[09], no.129, large format piecewith huge vignette of allegorical female watchingminers at work, ornate border, blue, brown and goldwith yellow underprint, only 500 issued, edge tears attop and some damage to bottom edge otherwise aboutextremely fine.

£50

360La Hispano Suiza Fabrica de Automóviles, 500peseta share, 7th issue, Barcelona 1918, no.19167,attractive Art nouveau design with elegant lady inflowing dress, motor car in the background, green,black and red, no coupons remaining as usual,extremely fine.

£150

361Parques y Edificaciones S.A., 500 peseta share, seriesB, Barcelona 1919, no.000623, signed by the artistJosep obiols (1894 - 1967) in 1919, attractive designof reclining females and cherubs with potted plants,brown and buff, with coupons, near extremely fine.

£60


362San Isidro de Bacares Sociedad Minera, quartershare, Madrid 1857, no.4/135, very attractive piecewith miners and mine buildings at bottom, cherubs,foliage and scrollwork around border, black, 4 pages,tiny mark at extreme bottom edge, about extremely fine.

£60

363Sociedad Española de Azufres, 250 peseta share, 4thissue, Barcelona 1883, no.6100, very attractive piecewith detailed vignette of steam engine, various toolsand presumably the Queen of Spain. An ornate flagspreads across the whole width of the piece and bearsthe title of the company, black, pink underprint, withcoupons, very fine.

£80

364Sociedad Minera Araceli, 250 peseta share, Seville1908, no.123, attractive piece with large vignette ofminer and barrow emerging from the tunnel, beingoverlooked by allegorical figures, dark and pale green,heavy folds with repaired splits, fine to very fine.

£50

365Tejeria Trascueto S.A., 500 peseta share, Santander1909, no.722, of 1600 issued, unusual design withfactory, smoking chimney and two bricks, orange-brown and black with chequered design in underprint,with coupons, good very fine.

£75

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366Ybarra Compañia Sociedad en Comandita Sevilla,2000 peseta share, Sevilla 1905, no.0910, veryattractive piece with vignette of busy dockside withrailway, church steeple and goods and anchor atdockside, city arms around border, blue and black withgreen underprint, good very fine.

£50

SWEDEN

367Göteborgs Stads (City of Gothenburg), 5% Loan,1878, a specimen bond for 800 kronor or 900Reichsmark, from the Bradbury, Wilkinson & Co.archive, large format piece with coat of arms at top,black and yellow, text in Swedish and German, 2 smallhole cancels over signature area, extremely fine andscarce.

£150

368Rederiaktiebolaget Falkvik, 500 kroner share,Sölvesborg 1916, no.206, vignette of shipping inharbour, green and brown; Lindholmens VerkstadsAktiebolag, 5 shares of 500 kroner, Göteborg 1917and another dated 1919, busy dockside scene withshipping, brown and black; Strengnäs nya Rederi-Aktiebolag, 50 kroner share, 1908 (2 examples), steamship, green and black; other Swedish certificates (8)including nordiska Textilaktiebolaget, 100 kronershares, 1919 (2); Svensk-Dansk-RyskaTelefonaktiebolaget, 360 kroner share, 1915;Aktieselskapet “South Atlantic”, 500 kroner share,1924, and, Rederiaktiebolaget Transatlantic, 10 sharesof 100 kroner, 1917, generally very fine to extremelyfine. (13)

£150

SWITZERLAND

369AEG Elektrizitäts-Aktien-Gesellschaft, a group of1000 Swiss franc shares, Zurich 1937 (10 examples),ornate border, dark blue and orange-brown, withcoupons, generally very fine and better. (10)

£100


370Rigibahn-Gesellschaft, 500 franc share, Luzern1889, no.0920, lovely vignette of lakeside town withthe mountain railway, ornate border, black and brown,no coupons, very fine.

£80

371Motosacoche S.A., pair of certificates for 1 and 5shares of 50 francs, Geneva 1905, ornate borders,green and red respectively, with coupons, good veryfine. (2)

£50

Under the name of Maximag this company producedmotor cycles and small engines which developed into lightsports cars in the 1920’s.

TURKEY/OTTOMAN EMPIRE372A collection of Ottoman bonds and sharecertificates, comprising “Ittihad” S.A. de navigationottomane, 5 shares, Salonique 1911, lovely vignetteof steamship in centre, small piece missing from bottomleft corner; S.A. ottomane des Docks & Ateliers duhaut-Bosphore, 1 share, Constantinople 1911,vignette of dry docks; Soc. des Bateaux de la Corned’or, one share, Constantinople 1914 (2 examples);Compagnie des Eaux de Constantinople, 500 francshare, Constantinople 1884 (3 examples); Anglo-ottoman Tobacco Co. Ltd., 1 ordinary share, London191[3] (2 examples) and 1 preference share, London191[3], and other certificates (5), generally very fineand better. (15)

£150

x373An interesting group of Turkish certificates,comprising “Arsimidis Muessesesi” otomobilMalzemesi Ticareti, 100 lira share, 1939, blue; LibkaTicaret Turk Anonim ortakligi, 1000 lira share, 1950(250 issued); Sezim Turk Anonim Sirketi, 1000 lirashare, 1950 (200 issued); Istanbul MatbaacilikT.A.o., certificate no.1, of no par value, brown, and200 lira share, blue, both 1947; S.A. Turqued’Entreprises Commerciales et Industrielles, 100 lirashare, 1955, and, Ittihadi Milli T.A.S., 5 shares of 100lira, 1959, all with coupons, very fine or better and ascarce lot; together with other Turkish, Egyptian andother certificates (17) and miscellaneous documents(4), generally very fine. (28)

£150

374Imperial Ottoman Bank, unissued certificate for 1share of £20, Constantinople 1875, attractive Moorishdesign with text in English, French and Arabic, blackand blue, printed by Bradbury, Wilkinson & Co., onwatermarked paper, embossed company stamp, goodvery fine.

£120

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GREAT BRITAIN

Government

375A Treasury Warrant, 1722/3, to George, Earl ofhalifax, authorising the issue of £1,000,000 inExchequer Bills, signed by Lord Treasurers, RobertWalpole, George Baillie and Charles Turner, foliosheet, neatly handwritten, authorises ‘Copper Plates tobe curiously engraved ...’ and also gives the proposedwording of the bills within the text, torn in half andrepaired, very fine.

£250

George Baillie (1664-1738), MP 1707-34, Lord of theTreasury 1717-25; Charles Turner (1666-1738) MP forKings Lynn 1695-1728, friend of Walpole, Lord of theTreasury 1720-30.

376A Treasury Warrant, 1723, to George, Earl ofhalifax, instructing that the sum of £48,600 inExchequer bills should be issued to Spencer Compton,Paymaster General of his Majesty’s Forces, signed byRobert Walpole, Richard Edgcumbe and HenryPelham as Lords of the Treasury, a neatlyhandwritten document, folio, torn in half andrepaired; together with two unrelated receipts byCharles howard, Earl of nottingham, for annuitypayments, 1662 and 1676, very fine.

£250


377Consolidated 3% Annuities, inscribed stockcertificate dated 175[9] for the purchase of £50 ofstock, black printing with manuscript insertions, topleft corner missing from spiking as is normal with thesepieces, very fine and a scarce early date.

£150

378Consolidated 3% Annuities, inscribed stockcertificate dated 175[60] for the purchase of £20 ofstock, black printing with manuscript insertions, topleft corner missing from spiking as is normal with thesepieces, very fine and a scarce early date.

£150

379Navy 5% Annuities, an inscribed stock certificate182[1], black and red, a rare example as there is only aminute spike hole without any paper loss at top left, veryfine; other examples (6), 180[8], black, 180[10],black, with different printer’s imprint, 181[0], black,181[7] (2 examples) and 181[9], black and red; otherinscribed stock certificates (3) for Reduced £3 percent, 182[2], red and black; Consolidated £3 perCent, 183[5], black and red and 18[75], black, theseall with varying degrees of damage at top left cornerfrom spiking, fine to very fine. (10)

£80

380South Sea Company, New South Sea Annuities,inscribed stock receipt, 178[4], black and red, top leftcorner torn from spiking as usual, very fine.

£300

After the collapse of the South Sea Company in 1723 theGovernment agreed to exchange half of the shareholdingsfor Government Stock, called South Sea Annuities. In1733 half of the remaining shares were also exchangedand this gave rise to the New South Sea Annuities.

381A small collection of British MunicipalGovernment bearer bonds, comprising PlymouthCorporation Redeemable 3% Stock, £50, 189[1901],no.C12; Pontypridd 31⁄2% Redeemable Stock, £500,19[09], no.B104; newport (Mon.) Corporation 3%Stock, £500, [1908], no.E12; Stockton-on-TeesCorporation 3% Stock, £100, 19[16], no.D38; CardiffCorporation 31⁄2% Redeemable Stock, 1925-1965,£100, 19[26], no.B20, and, Portsmouth Corporation3% Stock, £500, 19[28], no.E11, all have somecoupons remaining, stamped and hole cancelled,generally fine to very fine and better. (6)

£80

Canals382Birmingham Canal Navigations, one share,1855[7], no.2404, black on blue paper, red paper seal;together with two receipts for £71 on subdividedshares no.2327 and 2336, both dated 183[44],attractive arms at left, black on thick paper, embossedduty stamps, very fine to extremely fine. (3)

£100

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383Manchester Ship Canal Company, a specimen 5%redeemable debenture for £100, 1927, from theBradbury, Wilkinson & Co. archives, large format withvignette of steamship at top, ornate border, green withpink underprint, red Bradbury specimen stamp atbottom, with counterfoil, single fold otherwise aboutextremely fine.

£80

384Medway Lower Navigation, a fine printed transfercertificate for £100 capital stock of the company,18[03], black printing, on vellum, red wax seals tosignatures, blue paper impressed revenue stamps, veryfine.

£80

385Mercy [sic.] and Irwell Navigation, certificate forone share, 1724, no.130, black printing, on vellum,red wax seal with signatures of seven officers of thecompany, blue paper revenue stamps, vellum slightlydiscoloured as usual otherwise very fine and a goodquality example.

£800

386North Walsham & Dilham Canal, one share of £50,18[25], no.210, attractive black printing, on vellum,red seal at left, very fine.

£200

387Sheffield & South Yorkshire Navigation Company,£10 ordinary shares, 189[5], no.217, scrollwork at leftincorporating coat of arms, black, red seal, good veryfine.

£60

388Witham Navigation, certificate for 1 share, 18[13],no.1176, black printing, on vellum, edges unevenly cutas usual, tri-folded, very fine.

£120


389Woking, Aldershot, and Basingstoke Canal andNavigation Co. Ltd., £50 debenture, 189[6] (2examples); together with other Canal certificatescomprising oxford Canal navigation, £100 shares,19[03]; Staffordshire and Worcestershire Canal Co.,41⁄2% debenture stock, 187[1918], and consolidatedstock, [1895]; Regent’s Canal & Dock Co., debenturestock, 19[15] to 19[17] (4 examples); Grand UnionCanal Carrying Co. Ltd., unissued debenture stockcertificates, 19- (circa 1920) (2 examples), and, 2office copies of Grand Junction Canal transfercertificates, 1809 and 1891, many are stampedcancelled, about very fine to extremely fine. (13)

£120

Railways390Aberystwith and Welsh Coast Railway Co., £10share, 186[2], cancelled; Mid Wales Railway Co., £10share, 18[63], edge tears; Milford haven Railway &Estate Co. Ltd., £1 ordinary shares, 188[2], edge tearsand small piece missing from top right corner; togetherwith various letters, instalment receipts and transfercertificates, all 1840’s (10), mixed condition, fine tovery fine. (13)

£100

391Beyer Peacock & Co. (1902) Ltd., bearer warrantfor 50 ordinary shares of £1, 190-, a specimencertificate from the Bradbury, Wilkinson & Co.archives, vignette of steam engine, ornate border,orange and black, numbered E000, with coupons,about extremely fine.

£80

Founded in 1854 in Gorton, Manchester, builders ofrailway locomotives. Reorganised in 1902 when underpressure from motor car manufacturing. Closed in1966.

392Beyer Peacock & Co. (1902) Ltd., bearer warrantfor 50 preference shares of £1, 190-, a specimencertificate from the Bradbury, Wilkinson & Co.archives, vignette of steam engine, ornate border,blue-green and black, numbered B000, with coupons,glue residue on the reverse of top edge, extremely fine.

£80

393Carmarthen and Cardigan Railway Co., certificatefor ‘A’ stock, 18[78], no.34, scrollwork at left, black,embossed seal, light rust mark at top, very fine.

£80

394Carmarthen and Cardigan Railway Co., bond for£250, 186[4], no.739, large format piece, scrollworkat left, black on thick waxed paper (resembles vellum),blue paper seal, with coupons, good very fine.

£150

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395Channel Tubular Railway Preliminary CompanyLtd., certificate for 5 founders shares, London 1892,very attractive piece with vignettes around border ofEnglish and French coast, ships with tube carryingsteam train resting on the seabed, black and yellow,very fine to extremely fine.

£100

396Channel Tunnel Co. Ltd., £1 shares, 18[87], no.40,signed by Lord Alfred Churchill as director,scrollwork at left, black, ink spot in centre anddiscoloured central fold, good fine.

£100

397Duke of Cornwall’s Harbour and Launceston &Victoria Railway Co., certificate for 5 shares of £25each, £1 per share paid, 1836, no.1496-1500, anattractive 4-page document with red embossed Unitedkingdom coat of arms at top, text in blue, light wearat folds, about very fine.

£250

398Girvan & Portpatrick Junction Railway Company,share certificate, 187[2], no.423, steam train at toppulling 2 passenger coaches and two flat wagonscarrying a coach and various goods, black, greenunderprint, very fine.

£180


399Glasgow, Dumfries & Carlisle Railway, a scripcertificate for 5 shares of £25, being the firstinstalment of £1 5s on the deposit of £2 10s per share,Glasgow 1844, no.100, scrollwork at left, black ongrey paper, a little grubby with a couple of repaired edgetears, fine to very fine.

£50

400Golden Valley Railway Company, one £10 share,187[8], no.1716 amended to 1763, small vignette ofsteam engine in scrollwork at left, orange; togetherwith Metropolitan Railway-Carriage & Wagon Co.Ltd., £10 share, 1864, red and black; Great northernRailway Co., £25 share, 1846, black on pink paper (2exampes); Paisley, Barrhead & hurlet Railway,unissued certificate for 20 shares, 184-; Bristol andExeter Railway Co., debenture, 18[70], black on bluepaper; Waterford, Dungarvan and Lismore RailwayCo., 9 examples, 3 types, 18[75] to 18[93], and,Fishguard and Rosslare Railways and harboursCompany, guaranteed preference stock certificates (5),19[14], 19[31], 19[33] and 19[50] (2), generally fineto very fine. (20)

£120

401Great Western Railway Co., quarter share of £25,184[5], no.46908, black with mauve paper seal,together with 3 later dividend warrants (without thecheques), good very fine.

£60

402Liverpool, Manchester and Newcastle upon TyneJunction Railway Company, £20 share, 1846,no.26734, attractive coat of arms at top, black, largered embossed seal, about extremely fine.

£80

403Milford Haven Railway & Estate Co. Ltd., a groupof 3 certificates comprising £1 ordinary shares,188[2], no.94, blue, £10 preference shares, 188[2],no.106, black, and £10 debenture, 18[85], no.353,black, the second with edge splits at top otherwise allabout very fine. (3)

£80

404Milford Haven Railway & Estate Co. Ltd., 41⁄2%debenture for £10, 18[85] (19 examples), ornateborder, black, no coupons remain, bottom edge a littleuneven where coupons removed, very fine. (19)

£150

405Stockton & Darlington Railway Company, class Apreferential 5% shares of £25, 1858, no15374, largevignette of steam train crossing bridge over canal, millsin background, black on pink paper, almost extremelyfine.

£400

406Vale of Neath Railway Company, £20 shares, 1846,no.5541, scrollwork at left, black on pale blue paper,red paper seal, extremely fine.

£80

407West Cornwall Railway Company, £20 share,184[6], no.6076, coat of arms in centre, black on palegrey paper, red paper seal, extremely fine.

£100

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408Wharfdale Railway Company, £15 share, 1846,no.20152, vignette of craven heifer in centre, blackwith attractive blue underprint and large red embossedseal, extremely fine.

£80

Shipping and Shipbuilding409Co-Operative Cruising Co. Ltd., £1 preferenceshares, 1900, attractive piece with small ships at sea,anchor and srollwork at left; together withSouthampton Steam Collier & Coal Co. Ltd., £20share, 186[5]; oriental Inland Steam Co. Ltd., £10share, 185[65]; Portfield Steamship Co. Ltd., £1shares, 1[920]; ottoman Line Ltd., £10 preferenceshares, 19[29]; Seven Seas Schooner Ltd., £1 shares,19[35]; Anglo Belgique Shipping Co. Ltd., £1 shares,19[18]; African Steam Ship Company, £1 shares,192[4] and debenture stock, 192[2]; Anglo-CelticShipping Co. Ltd., £1 shares, 19[20], and, anunissued £50 debenture, 1906, of the helredaleSteamship Co. Ltd., a couple have damge at left edgeotherwise fine to very fine. (11)

£120

410County Shipping Co. Ltd., a group of 3 certificates,19[18], capital £50,000, no.306, 19[19], capital£50,000 overprinted £100,000 in red, no.946, and19[20], capital £200,000, no.1805, scrollwork at left,black, printed in Cardiff, very fine or better. (3)

£50

411Cressington Steamship Co. Ltd., a series of 3certificates for £1 shares, 19[14], capital £100,000,no.220, 19[15], capital £100,000 overprinted£200,000 in red, no.403, and 19[20], capital£200,000 with handwritten increase to £500,000,no.3276, all with company flag at top, scrollwork atleft, shades of green with red paper seal, fine to veryfine. (3)

£50

412Cunard Steam Ship Co. Ltd., a group of certificatescomprising £1 ordinary shares, 19[26], blue,5% preference stock, 19[23], red, both capital£7,000,020, £1 ordinary shares, 19[27], capital£8,100,020, this uncancelled and rare thus,ordinary stock, 19[54], grey and 6% second preferencestock, 19[53], brown, both capital £14,500,020, andordinary stock, capital £15,500,020, three examplesdated in the 1950’s, grey, all punch cancelled exceptwhere mentioned, the first with tiny piece missing frombottom corner, generally very fine. (8)

£60

413Dean Shipping Co. Ltd., a group of 3 differentcertificates for £1 shares, 19[19], no.618, capital£50,000, 19[19], no.1117, capital £50,000overprinted in black £100,000, and 19[20], no.553,capital £100,000, scrollwork at left, ornate border,blue and black, generally about very fine. (3)

£50

414Dundee Perth and London Shipping Company, agroup of certificates with some duplication, 1868 to1914 (16), 5 different types noted, black or red orblue on blue paper, fine to very fine. (16)

£100


415Earle’s Shipbuilding & Engineering Co. Ltd., pairof certificates for ordinary and preference shares of £5,189[8], both numbered 57 and issued to the sameshareholder, black and red respectively, with red seals,good very fine. (2)

£80

416Eastern Steam Navigation Co., £20 share, 185[1],black on blue paper (5 examples), and £20 share,1858, black on pink paper (2 examples), all withattractive embossed seal depicting sail assisted paddlesteamer, very fine to extremely fine. (7)

£150

417Elder Dempster and Co. Ltd., a group of 5 differentcertificates comprising 51⁄2% preference shares, 19[12],capital £910,000, green, 19[27], capital £15,435,000,red, 6% preference shares, 19[14], capital £3,635,000,green, pink underprint, 19[22], capital £15,435,000,green, pink underprint, 61⁄2% preference shares,19[24], capital £15,435,000, black, mauveunderprint, all with steamship in centre and ornateborder, fine to about very fine. (5)

£100

418Elder Dempster and Co. Ltd., 51⁄2% preferenceshares of £1, 19[10], signed by Lord Pirie asDirector, capital £910,000, vignette of steamship,green about very fine.

£60

419Elder Dempster and Co. Ltd., 51⁄2% preferenceshares of £1, 19[10], signed by Owen Phillips asDirector, capital £910,000, vignette of steamship,green, creased bottom edge very fine.

£60

420Elder Dempster and Co. Ltd., 51⁄2% preferenceshares of £1, 19[12], signed by Owen Phillips asDirector, capital £910,000, vignette of steamship,red, very fine.

£60

421Elder Dempster and Co. Ltd., 51⁄2% preferenceshares of £1, 19[14], signed by Owen Phillips asDirector, capital £1,635,000, vignette of steamship,red, creased, fine to very fine.

£60

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422Elder Dempster and Co. Ltd., 51⁄2% preferenceshares of £1, 19[18], signed by Owen Phillips asDirector, capital £3, 635,000, vignette of steamship,green, pink underprint, about very fine.

£60

423Elder Dempster and Co. Ltd., 6% preference sharesof £1, 19[18], no.3961, signed by Owen Phillips asDirector, vignette of steamship, green, pinkunderprint, very fine.

£60

424European & American Steam Shipping Co. Ltd.,£9 preference shares (3) and £9 ordinary shares (13),all 1857, black printing, the preference shares onpeach coloured paper, all except one are aboutextremely fine or better. (16)

£120

425Glasgow based companies: Cape Steam ShippingCo. Ltd., £10 shares, [1900], no.48, scrollwork at leftwith red and blue flag, red, couple of edge tears atbottom, very fine; another but dated [1902] and withcapital increase overprinted in blue, good very fine;Bank Line Ltd., £1 ‘A’ preference shares, [1913], red-brown printing, with capital increase handwritten attop, stamped cancelled, about very fine. (3)

£60

426Great Ship Co. Ltd., one share of £1, 1859 (5examples), printed in either pale green or mauve butno variation of printing, embossed seal depicts theS.S.Great Eastern, one has a few tone spots, very fine toextremely fine. (5)

£100

427Greenock Steamship Co. Ltd., £5 shares, 18[81],no.128, sail assisted steamship at top, company flag inscrollwork at left, black, a few tone spots, fine to veryfine.

£80

428Greenock Steamship Co. Ltd., £5 shares, 18[82],no.204, vignette of sail assisted steamship at top,company flag in scrollwork at left, black, fine to veryfine.

£60

429Hastings & St. Leonards Passenger Steamship Co.Ltd., £10 share, 18[85], no.59, vignette of sailassisted steamship in scrollwork at left, black,embossed seal; together with hastings, St.Leonards-on-Sea & Eastbourne Steamboat Co. Ltd., £5 share,188[8], black, embossed seal, both about extremelyfine. (2)

£60

430Hastings & St. Leonards Passenger Steamship Co.Ltd., £10 share, 18[85], no.67, scrollwork at left withvignette of steamship, black, has been mounted at topedge otherwise about extremely fine; Mount’s BaySteam-Ship Co. Ltd., £100 share, 188[1], no.137,black, embossed seal depicts St.Michael’s Mount,pinholes at top left, right edge a little chipped, very fine;Tyne and Wear Steam Ship owning Co. Ltd., £10shares, 18[83], black, red seal, somewhat creased, fine,and Port of Portsmouth and Ryde United SteamPacket Co. Ltd., £100 debenture, 1878, no.36, black,seal torn away as cancellation, very fine. (4)

£80

431Improved Rudder Company, 100 shares of £1,1855, small format piece printed by Waterlow & Sons,extremely fine; together with other Marine relatedpieces comprising oertz International StreamlineRudder Co. Ltd., 10/- shares, [1929], and 3 differentfunding certificates, 1933 (2) and 1934; MarineSmokeless Mechanical Stoker Co. Ltd., £1 preferredordinary shares, 19[09]; Marine Transport Co. Ltd.,£1 shares, 19[20], and, 2 different Marine ProductsLtd., 1/- ordinary shares and £1 preference share,both 19[27], fine to very fine. (9)

£60


432Intercolonial Royal Mail Steam Packet CompanyLimited, pair of certificates for 5 shares, 18[59],no.1362, £25 paid, and 5 shares of £5 each, 186[1],no.2967a, both signed as director by Lord GeorgePaulet, and issued to his sister the Rt.Hon. LadyAugusta Paulet, black, the first with red overprint,embossed seals depicting sailing ship, good very fine.(2)

£80

Formed to operate routes between Great Britain andAustralasia. Name changed in 1865 to the Panama,New Zealand & Australian Royal Mail Steam PacketCompany, when it acquired the contract to operate themail service between Australia and Panama.

433Isle of Man Steam Packet Co. Ltd., certificate for £1‘C’ shares, 18[89], no.816, vignette of twin funnelpaddle steamer at top, trisceles at either side, black,small punch hole at top left with a couple of rust marksotherwise very fine.

£80

434Italo-Britannica Royal Italian Mail SteamNavigation Co. Ltd., £5 shares, £3 paid, 189[0],no.26, black; together with Lynn and hamburgSteamship Co. Ltd., £10 shares, 18[91], no.32, black,and Liverpool and hamburg Steam-Ship Co. Ltd.,£100 shares, 19[10], no.13, black, the second piece isink cancelled, fine to very fine. (3)

£100

435Kaye Steam Navigation Co. Ltd., £1 shares, 192[2],no.19, blue and red flag in centre; together withEnglish & Continental Shipping Co. Ltd., £10 shares,189[2], no.132; S.S.kings Lynn Ltd., £1 shares,19[02], no.14; Devon Shipping Co. Ltd., £1 shares,192[0]; Albany Steam navigation Co. Ltd., £1 shares,19[19], no.62; Care & Marquand Shipping Co. Ltd.,£1 shares, 19[19], no.31; Marlborough SteamshipCo. Ltd., £1 shares, 19[20], no.164; PortfieldSteamship Co. Ltd., £1 shares, 1[920], no.1581, andParagon Steamship Co. Ltd., £1 shares, 19[23],no.17, the last discoloured at top left otherwise generallyabout very fine to good very fine. (9)

£120

436Lamport and Holt Ltd., a series of preference sharecertificates, 19[14], no.1711, capital £1,000,000;19[14], no.3873, capital £2,000,000, and, 19[22],no.6407, capital £9,000,000, all of the same designwith steamship at top, ornate border, black, pinkunderprint, fine to very fine. (3)

£60

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437Marine Salvage: a small selection of certificatescomprising All Seas Marine & Salvage Co. Ltd., £1shares, 19[20], very large format piece with ‘neptune’in centre, blue and black; Treasure Recovery Ltd., 5/-ordinary shares, 193[0], underprint vignette of theCocos Islands; navarino Recovery Ltd., 2/- shares,192[5], green; Ship Salvage Corporation Ltd., £1shares, 19[20], mauve (5 examples), and, Tyne & TeesSalvage & Shipbreaking Co. Ltd., £1 shares, 191-(fully issued but date omitted in error), generally aboutvery fine or better. (9)

£150

438North-Western Shipping Co. Ltd., £20 shares,18[87], no.24, scrollwork at left, black; together withBrunswick Shipping Co. Ltd., £10 shares, 18[98],no.23, black, and north Pier Steamship Company,Blackpool, Ltd., £10 share, 19[01], no.3147, black,very fine, the last somewhat better. (3)

£80

439Portfield Steamship Co. Ltd., a group of 3 differentcertificates for £1 shares, 1[919], no.300, capital£100,000, 1[920], no.1080, capital £100,000overprinted £500,000 in black, and 1[920], no.1641,capital £500,000, all with company flag in scrollworkat left, black, printed by Waterlow & Sons, fine to veryfine. (3)

£50

440Rock Ferry Co. Ltd., £20 shares, 186[85], black;together with Bristol Steam Ferry Co. Ltd., £10shares, 188[0], black, and, Great Eastern Train FerriesLtd., £1 shares, 19[29], blue, good very fine, fine andabout very fine respectively. (3)

£50

441Royal Exchange Shipping Company Ltd.,Monarch Line, a 4 page prospectus, 1882, with agood vignette of one of the company’s ships, black,several spike holes; together with Castlehll SteamshipCo. Ltd., £1 shares, 18[82], no.115; Seven SeasSchooner Ltd., £1 shares, 19[34], no.128; RochesterCity Steamship Co. Ltd., £200 shares, 19[10], no.7,edge tears and piece missing from left edge; MaindyShipping Co. Ltd., £1 shares, 19[20], no.4383;Eskside Steam Shipping Co. Ltd., trust deed forsecuring an issue of debentures, 1903, on vellum, andan unissued debenture for £100, 1907; helredaleSteamship Co. Ltd., unissued £50 debenture, 1906,and Coast Lines Ltd., ordinary stock, 19[57], fine tovery fine. (9)

£100

442Royal Mail Steam Packet Company, a goodcollection of 15 different certificates, 1905 to 1929,ordinary stock (6), preference stock (4), 61⁄2% stock (4)and £5 preference stock, all with steamship in leftborder, various colours, fine to very fine, several scarce.(15)

£150

443Rumney Steamship Co. Ltd., £1 shares, 19[19],vignette of steamship at right, black; together withSummerfield Steamship Co. Ltd., £1 shares, 19[19];Care & Marquand Shipping Co. Ltd., £1 shares,19[19] (2 examples); Craggs Steamship Co. Ltd., £1shares, 19[20]; Devon Shipping Co. Ltd., £1 shares,192[0]; Ensign Shipping Co. Ltd., £1 shares, 192[0];Farley Steam navigation Co. Ltd., £1 shares, 19[20],and “Fairfield” Steamship Co. (1920) Ltd., £1 shares,1920, the first with small repaired tear at top rightcorner otherwise fine to very fine. (9)

£120


444Seamless Steel Boat Co. Ltd., £5 shares, 18[92],underprint of small steel boat hull; together withshipping company shares (8), Castle-Eden SteamshipCo. Ltd., £1 shares, 18[85]; “kingswell” SteamshipCo. Ltd., £50 shares, 189[1]; S.S.kings Lynn Ltd., £1shares, 19[02]; “Celtic Chief” Ship Co. Ltd., £100shares, 19[09]; Steamships “Demetian” and“ordovician” Co. Ltd., £20 shares, 1[903]; PortfieldSteamship Co. Ltd., £1 shares, 1[920]; BritishDominions Steamship Co. Ltd., £1 shares, 19[19],and Dean Shipping Co. Ltd., £1 shares, 19[19],generally fine to about very fine. (9)

£120

445Severn Steam Boat Company, £25 share, 1836,no.133, small format, black printing, on vellum, verylight toning, very fine.

£120

446Steam Ship “Perfero” Ltd., £10 shares, 188[4],no.42, black; together with National Steamship Co.Ltd., £10 share, 1874, no.62435, black, and,Summerfield Steamship Co. Ltd., £1 preferenceshares, 19[21], no.157, black, red flag in centre, fineto very fine. (3)

£50

447Thames Iron Works Shipbuilding & EngineeringCo. Ltd., 4% debenture for £100, 1899, no.1056,and 5% second debenture for £100, 190[1], no.386,large format pieces with vignette of neptune andhercules, ornate borders, mauve and red respectively,printed by Waterlow & Sons, the first with label residueat top right otherwise very fine. (2)

£120

448Thames Iron Works Shipbuilding & EngineeringCo. Ltd., 4% First Mortgage debenture, £100, 1899,no.1335, vignette at top of neptune and Vulcan withshipping in background, lovely ornate border, mauve,printed by Waterlow & Sons, executors annotation inright margin, very fine.

£60

449Thames Iron Works Shipbuilding & EngineeringCo. Ltd., 5% Second Mortgage debenture, £100,190[1], no.612, large format piece with vignette attop of neptune and Vulcan with shipping inbackground, lovely ornate border, red, printed byWaterlow & Sons, very fine.

£60

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450West Country and South of England shippingcompanies, Plymouth Piers, Pavilion, and Saltash,Three Towns Steamship Co. Ltd., £1 ordinaryshares, 19[39], vignette of pier and pavilion, black, redseal; Mount’s Bay Steam-Ship Co. Ltd., £100 share,188[1], embossed seal depicts St.Michael’s Mount,small tear at bottom edge, and, East Kent ShippingCo. Ltd., £10 share, [1865], black, very fine andbetter. (3)

£80

451Whitby & Robin Hood’s Bay Steam PacketCompany, one share, 185[4], no.170, black, onvellum; one share, 1857, no.198, black on pale bluepaper, and with Limited added to the title, £25 share,18[67], no.30, black, printed by Waterlow, generallyvery fine; together with Staithes Shipping Company,one share, 185[6], black (3 examples), and unissued (2examples), good very fine to extremely fine. (8)

£80

452White Star Line Ltd., a collection of 4 differentcertificates comprising 19[27], capital £9,000,000,no.844; 19[28], capital £9,000,000, variety,no.15878; 19[34], capital £11,000,000, no.27385,and 19[35], capital £9,000,000 overprinted with£11,000,000, no.28159, the first 2 with facsimilesignatures of Lord Kylsant, generally fine to aboutvery fine. (4)

£100

The White Star Line, prior to the formation of thiscompany were owners of the ill fated Titanic.

453Whitehaven Shipbuilding Co. Ltd., £20 shares,188[1], 3 examples, no’s 226, 228 and 235,scrollwork at left, black, good very fine. (3)

£50

454A group of proof certificates for shippingcompanies, comprising British and African Steamnavigation Co. Ltd., 19- (circa 1900); norse kingSteamship Co. Ltd., Glasgow, 189-; SutherlandSteamship Co. Ltd., 189-, and Taylor & SandersonSteam Shipping Co. Ltd., circa 1900, all printed inblack on thick card, the last with a small edge tear atright, extremely fine. (4)

£100

455A group of Edinburgh based ‘one ship’ companiesmanaged by Thomas C. Steven & Co., ArdenzaSteam Ship Co. Ltd., £100 shares, of 75 issued,19[14], no.7; Auriac Steam Ship Co. Ltd., £100shares, of 125 issued, 19[17], no.22, and AvessacSteam Ship Co. Ltd., £100 shares, of 410 issued,19[17], no.10, all black printing with embossed sealdepicting the Steven flag, the first good fine, the othersvery fine. (3)

£50


456A pair of Liverpool one ship’ companies, SailingShip “Glenlui” Co. Ltd., £100 shares (of 192 issued),18[90], no.44, and Sailing Ship “Dalgonar” Co. Ltd.,£100 shares (of 225 issued), 18[92], no.6, both of thesame design printed in black on buff paper, embossedseal depicts the Line’s flag of a kangaroo, the secondslightly discoloured, very fine. (2)

£60

457A group of ‘one ship’ companies managed by theGlasgow firm of Maclay and McIntyre, Steamship“Craigendoran” Co. Ltd., £150 share (of only 64issued), 18[93]; Steamship “Irthington” Co. Ltd.,£100 share (of only 60 issued), 18[919]; Steamship“nyanza” Co. Ltd., £100 share (of only 385 issued),18[919], and, Steamship “Jeanara” Co. Ltd., £100share (of only 320 issued), 19[19], all of identicaldesign, black with scrollwork at left, generally very fine.(4)

£100

458A group of four ‘one ship’ companies, comprisingBlackbraes Ship Co. Ltd., £100 shares, 18[96], no.88;Dunsyre Ship Co. Ltd., £100 shares, 18[91], no.27;Durbridge Ship Co. Ltd., £100 shares, 18[92], no.21,and Poltalloch Ship Co. Ltd., £100 shares, 18[93],no.34, all of the same design with company flag incentre and in embossed seal, black, all issued to thesame shareholder and all with handwrittenendorsement of the company being struck off in 1911,fine to very fine. (4)

£100

459A group of Newcastle based shipping companies,comprising Tyne & Wear Steam Ship owning Co.Ltd., £10 shares, 18[84], no.451, black, red seal, veryfine; “Ella Sayer” S.S. Ltd., £100 shares, 18[99],no.229, black on grey paper, heavy folds, fine to veryfine; Joplin & hull Shipping Co. Ltd., £1 shares,[1920], no.19, black, good very fine, and Tyne WherryCo. Ltd., 10/- shares, 19[24], no.195, black, inkcancelled across face, fine to very fine. (4)

£80

460A good group of shipping companies, comprisingAvis Steamships Ltd., £10 shares, 188[6], no.163,black; “Edderside” Shipowning Co. Ltd., £25 shares,18[84], no.76, black; Steamship Armathwaite Co.Ltd., £100 shares, 188[1], no.70, black; Steamship“Mangara” Co. Ltd., £100 shares, 18[89], no.34,black, and Wycliffe Steamship Co. Ltd., Westhartlepool, £100 share, 18[81], no.17, black, fine togood very fine and a scarce group. (5)

£150

461An extensive collection of Shipbuilding companies:Earle’s Shipbuilding & Engineering Co. Ltd., 2 types,1898 and 1899; Thames Iron Works Ship Building,Engineering & Dry Dock Co. Ltd., 1864; WhitehavenShipbuilding Co. Ltd., 1881; Clyde Valley ShipWelders Ltd., 1919; Tydvil Engineering & ShipRepairing Co. Ltd., 1922; Blyth Shipbuilding & DryDocks Co. Ltd., 1918, small vignette at left; RopnerShipbuilding & Repairing Co. (Stockton) Ltd., 2types, 1923; Rennie, Ritchie & newport ShipbuildingCo. Ltd., 1920; northumberland Shipbuilding Co.Ltd., 6 types, 1920’s; Eltringhams Ltd., 2 types, withfacsimile signature of Clarence hatry, 1922 and 1926;Irvine’s Ship Building and Dry-Docks Co. Ltd., 2types, with facsimile signature of Clarence hatry, 1920and 1922; Richardson, Duck & Co. Ltd., shares, 1920and debenture, 1919; Jones’ Buckie Slip & ShipyardLtd., 2 unissued certificates, circa 1920; PalmersShipbuilding & Iron Co. Ltd., 4 types, 1927 to 1930,and, Wallsend Slipway & Engineering Co. Ltd., 2types, 1900 and 1924, mixed condition but many arevery fine and some better. (30)

£250

462A group of shipping companies, comprising WesternCounties Shipping Co. Ltd., 4 types, 19[18] and19[20]; Town Line (London) Ltd., 4 types, 1918 to1924; Gould Steamships & Industrials Ltd., 192[0];Anglo-Celtic Shipping Co. Ltd., 19[32], and, Anglo-European Steamship Co. Ltd., 2 types, both 19[20],fine to very fine. (12)

£100

463A fine group of shipping companies, comprisingAlbany Steam navigation Co. Ltd., £1 shares, 19[19];Anchor Line (henderson Brothers) Ltd., £10preference shares, 1[899]; Bank Line Ltd., £1preference shares, [1919]; Bristol Channel SteamersLtd., 10/- shares, 19[23]; “T” Steam Coasters Ltd.,£1 shares, 19[16]; Tatem Steam navigation Co. Ltd.,£1 shares, 19[19]; Trident Line Ltd., £10 ordinaryshares, 19[29]; Turner Steam navigation Co. Ltd., £1shares, 192[0]; Vernco Steamship Co. Ltd., £1 shares,19[20], and Westville Shipping Co. Ltd., £1 shares,19[20], mixed condition but generally problem free andfine to very fine. (10)

£120

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464A group of shipping companies, comprisingLlewellyn Shipping Co. Ltd., 3 types, 1919 and 1920;Beeslack Steamship Co. Ltd., £10 shares, 1906;Marlborough Steamship Co. Ltd., Cardiff, 2 types,both 1920; Devon Shipping Co. Ltd., £1 shares,192[0]; Craggs Steamship Co. Ltd., £1 shares,19[20], and, Dean Shipping Co. Ltd., £1 shares,19[19], fine to very fine. (9)

£100

465A fine group of shipping companies, comprisingAlbany Steam navigation Co. Ltd., £1 shares, 19[19];Annittina Shipping Co. Ltd., £10 shares, 191[6];Aster Shipping Co. Ltd., £1 shares, overprinted 5/-,191[9] and 19[20], different capitals; BathamptonSteam navigation Co. Ltd., £1 shares, 191[6];Llewellyn Shipping Co. Ltd., £1 shares, 19[19];Lombard Steam Ship Co. Ltd., £100 shares, 19[08];Loyal Line Ltd., £1 shares, 19[19]; Pennant ShippingCo. Ltd., £1 shares, 19[20], and PortsmouthSteamship Co. Ltd., £1 shares, 19[25], mixedcondition but generally problem free and fine to veryfine. (10)

£120

466A goup of shipping companies, comprising BristolChannel Steamers Ltd., 10/- shares, 19[22]; RegisShipping Co. Ltd., £1 shares, 19[22]; PortfieldSteamship Co. Ltd., £1 shares, 1[919]; LombardSteam Ship Co. Ltd., £100 shares, 19[08]; DeanShipping Co. Ltd., £1 shares, 19[19]; Loyal Line Ltd.,£1 shares, 19[19]; Sanderson, Matthew Shipping Co.Ltd., £1 shares, 19[25]; Maindy Shipping Co. Ltd., £1shares, 2 examples with different capitals, 191[6] and19[20], and, neville Shipping Co. Ltd., 5/- shares,19[31], generally fine to very fine. (10)

£120

467A fine group of shipping companies, comprisingPortsmouth Steamship Co. Ltd., £1 shares,19[25];Regis Shipping Company Ltd., £1 shares,19[22]; Reliance Shipping Co. Ltd., £1 shares,190[6]; Rhondda Merthyr Shipping Co. Ltd., £1shares, 19[19]; Scorrier Steam Coasters Ltd., £1shares, 19[20]; Seven Seas Shipping Co. Ltd., £100shares, 192[8]; Seven Seas Schooner Ltd., £1 shares,19[35]; Stella Shipping Co. Ltd., £1 shares, 19[18]and 19[19], different capital, and Times Shipping Co.Ltd., £1 shares, 19[20], mixed condition but generallyproblem free and fine to very fine. (10)

£120

468A fine group of shipping companies, comprisingottoman Line Ltd., £10 ordinary shares, 19[29];Paragon Steamship Co. Ltd., £1 shares, 19[23];nixon’s navigation Co. Ltd., £10 shares, 18[99] anddebenture stock, 19[08]; Grayfield Steamship Co.Ltd., £10 shares, 1[900]; hazelwood Shipping Co.Ltd., £1 shares, 19[20]; Iberian Steam Ship Co. Ltd.,£10 shares, 19[04]; kaye Steam navigation Co. Ltd.,£ shares, 192[6]; kirk Shipping Co. Ltd., £1 shares,19[20], and neville Shipping Co. Ltd., 5/- shares,19[24], mixed condition but generally problem free andfine to very fine. (10)

£120

469Ships and shipping companies, comprising DevonSteam Ship Co. Ltd., £10 shares, 188[3], no.61;“kingswell” Steamship Co. Ltd., £50 shares, 189[2],no.75; Seamless Steel Boat Co. Ltd., £5 shares,18[94], no.95, underprint of steel hull; Anchor Line(henderson Brothers) Ltd., £10 preference shares,1[899], no.435; Lodore Steamship Co. Ltd., £10shares, 191[1], no.5; Lombard Steam Ship Co. Ltd.,£100 shares, 19[08], no.66; Port of Portsmouth andRyde United Steam Packet Co. Ltd., £100 mortgagedebenture, 1878[9], no.99, part of seal removed ascancellation, and Tatem Steam navigation Co. Ltd.,19[36], no.3244, generally very fine. (8)

£150

470An interesting group of certificates relating tocommercial fishing, comprising British Steam FishersCo. Ltd., £10 share, 185[6]; hampshire Fisheries andReservoirs Co. Ltd., £5 share, 187[6], small piece outof bottom edge; Great Yarmouth Steam Trawling &Carrying Co. Ltd., £10 share, 18[73]; Boston DeepSea Fishing and Ice Co. Ltd., £10 share, 18[92]; TyneSteam Fishing Co. Ltd., £10 shares, 18[93], smallvignette of trawler; Great Grimsby Albion SteamFishing Co. Ltd., £5 shares, 18[99]; Great YarmouthSteam Drifters Ltd., £1 shares, 19[02]; Crown SteamFishing Co. Ltd., £10 shares, 190[5]; Vectis SteamFishing Co. Ltd., £1 shares, 19[19]; Waveney SteamDrift Fishing Co. Ltd., £1 ordinary shares, 1[909] and1[918], both with vignete of fishing boat; StepneySteam Fishing Co. Ltd., £1 shares, 19[19]; PalatineSteam Trawling Co. Ltd., £10 shares, 19[15]; homeand Colonial Steam Fishing Co. Ltd., £1 shares,19[19]; Milford Steam Trawling Co. Ltd., 5/- shares,19[47] and 19[49], with capital overprinted, and, aproof certificate for Muirheads Trawlers Ltd., 18-(circa 1895), on thick card, mixed condition, fine tovery fine and some better. (17)

£200


Aviation471Aircraft Disposal Company Ltd., a group of 40 5%debentures for £145, 1923, large format 4 pagedocuments with ornate border, green and black,extremely fine. (40)

£300Formed in 1920 to acquire surplus aircraft and sparesbelonging to the declining RAF with its main store atWaddon aerodrome, Croydon, Surrey. Modificationswere made to various machines and in 1926 severalADC 1’s were sold to Latvia. Liquidated in 1930.

472Firth Helicopters Ltd., £1 ‘A’ shares, 19[47], blue;together with Aeronautical Corporation of GreatBritain Ltd., 5 shilling shares, 19[36], and, AircraftManufacturing Co. Ltd., £1 ‘B’ preference shares, dayand month inserted but year omitted, circa 1918,generally very fine. (3)

£100

473Whitehead Aircraft (1917) Ltd., 1/- deferredordinary shares, 19[18], no.1621, signed by JamesWhitehead and Digby Whitehead as Directors,airfield flanked by biplanes with another in underprint,yellow and black, good very fine.

£100

474Whitehead Aircraft (1917) Ltd., 1/- deferredordinary shares, 19[18], signed by James Whiteheadand Digby Whitehead as Directors, airfield flankedby biplanes with another in underprint, yellow andblack, annotation at top, very fine.

£140

Piers, Docks and Harbours

475Coatham Victoria Pier Co. Ltd., £5 shares, 1872,no.1725, ornate border, black, printed by Waterlow &Sons, paper crinkle diagonally across face, very fine.

£50

476Docks and wharves: Swansea Dock Company, £20share, 18[47], no.727, company emblem at top, blueon blue paper, attractive embossed seal; Botolph &nicholson’s Wharves Co. Ltd., £10 shares, 18- (issuedbut undated in error, circa 1890), no.75, scrollworkleft, black; Queenborough Wharf Co. Ltd., £10debenture, [1908], no.1594, large format, ornateborder red and black, and, Mersey Docks & harbourBoard, 31⁄4% debenture stock certificate dated 1965,blue, very fine and better. (4)

£80

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477Dry Docks Corporation of London Ltd., £10preference shares, 188[7], no.1063, scrollwork at left,black and red, about very fine.

£50

478Dry Docks Corporation of London Ltd., - anothersimilar, no.1083, about very fine.

£50

479Greenwich Pier Company, £10 share, 1840,no.1767, large coat of arms with shipping scenes inbackground, black on thick paper, almost extremelyfine.

£160

480The Marina Limited, Douglas, Isle of Man, £1shares, 189[3], black, good very fine; together withBrean Down harbour Company, £10 share, 186[5],black, extremely fine; Saint George’s harbourCompany, 5 shares of £20, 18[57], black on buffpaper, very fine, and Port of London Authority, 3% ‘A’stock, 19[28], red, punch holes at left, fine to very fine.(4)

£120

481Porthgain Harbour Ltd., a pair of certificates, ‘A’debenture for £50, 1898, no.407, and ‘B’ debenturefor £50, also 1898, no.10, large format pieces withornate borders, black, 4 pages, good very fine. (2)

£60

482Scarborough Promenade Pier Co. Ltd., £5 shares,186[76], no.21, issued to and signed by JohnWoodall as director, coat of arms in centre, black, redoverprint ‘6% Preference shares’, very fine.

£50

483Swansea Dock Company, £20 shares, 18[47],no.746, issued to Lewis Weston Dillwyn, logo incentre, blue on blue paper, embossed seal; togetherwith Mersey Docks and harbour Board, 31⁄4%debenture stock certificate, 1965, very fine to extremelyfine. (2)

£50

484Swansea Dock Company, £20 share, 18[47],attractive bue printing, embossed seal; together withWandsworth Bridge Company, £10 share, 186[5],black; Scarborough Valley Bridge Company,consoidated stock certificate, 18[65], black on buff,split at fold, and, Morecambe (Regent Road WestEnd) Pier Co. Ltd., £1 shares, 189[9], blue, generallyabout very fine. (4)

£100


485A small collection of pier companies, comprisingGreat Yarmouth Wellington Pier Co., £10 share,18[54] issued to Viscount Ranelagh, attractiveembossed seal; Folkestone Pier and Lift Co., £10shares, 18[88], Victoria and crown in scrollwork atleft, blue, some discolouration to right of seal, fine tovery fine; Ramsgate Marina, Pier & Lift Co. Ltd., £5shares, 189[903], blue; Morecambe (Regent RoadWest End) Pier Co. Ltd., £1 shares, 189[8], blue, andBrighton West Pier Co., £10 shares, 19[21] and19[49], slightly different printings, black, bothstamped cancelled, generally very fine or better unlessstated. (6)

£150

Buses and Taxis

486Metropolitan Saloon Omnibus Co. Ltd., one shareof £1, 185[7], no.1332, attractive vignette of horsedrawn bus with inside and outside passengers, black,about extremely fine.

£100

487Tramways, buses and cab companies: GlasgowTramway & omnibus Co. Ltd., £9 shares, 18[94],black; Co-operative omnibus Association Ltd., £5shares, 1872, black on pink, horse drawn bus inembossed seal; Leinster Can Co. Ltd., £1 shares,188[2], black; Railways & Metropolitan omnibus Co.Ltd., £5 shares, 18[91], black, printed by Waterlow &Sons, and, South Staffordshire Tramways (Lessee) Co.Ltd., deferred shares, 190[4], brown, a nice lot ingenerally very fine to good very fine condition. (5)

£150

Motor Cars and Cycles

488Argylls Ltd., 10/- ordinary shares, 190[9], no.359,vignette of motor car in scrollwork at left, blue, veryfine.

£60

Motor car manufacturer based in Glasgow, commencingwith a small de Dion type voiturette. By 1904 thecompany were Scotland’s leading manufacturer and alarge new factory was built at Alexandria, nearGlasgow. Despite being the 5th largest producer in GreatBritain it failed from lack of funds in 1914.

489Hispano-Suiza Motors Limited, 5/- shares, 19-, aspecimen certificate printed by Bradbury, Wilkinson &Co., circa 1925, emblem at top, ornate border, greenand black, red circular Bradbury, Wilkinson & Co.specimen stamp at bottom, with counterfoil, extremelyfine.

£60

490Meteorite Cars Ltd., 8% First Mortgage Debenturefor £100, 1922, no.28, of only 70 issued, largeformat piece with ornate border, blue and black, goodvery fine.

£50

Registered 1912 as Meteorite Motors Ltd., based in WestLondon. Began by making a cyclecar but in 1915 addedfour and six cylinder models. Name changed in 1921 toMeteorite Cars Ltd. but production ceased in 1924.

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491New Enfield Cycle Co. Ltd., £1 ordinary shares,fully paid, 189[6], no.1556, scrollwork at left, floraldesign above title, green, stamped CAnCELLED, veryfine.

£60

Mining and Oil492Allt-y-Crib Silver-Lead Mining Co. Ltd., £2 shares,187[2], black; together with Glyndwr Mining Co.Ltd., £1 shares, 18[90], black; nant-y-Brian &Trawsnant Silver Lead Mining Co., £10 share,undated but circa 1852, black printing, on vellum,and, Snow Brook Silver Lead Mining Co. Ltd., £5shares, 187[7], ornate border, black, bottom left cornermissing otherwise good very fine, the remainder good fineto very fine. (4)

£120

493Blaen-Y-Glynn Silver Lead Mining Co. Ltd., £70shares (of only 64 issued!), 18[70], no.56, black;together with Cambrian Mining Co. Ltd., £2 shares,187[80], no.1701, black on green paper; LlangynogUnited Mining Co. Ltd., £5 share, 185[7], no.5170,black on blue paper; Lery Mining Co. Ltd., £1 shares,[1909], no.65, black, and, a receipt on account of 10shares in the South Wales Mining Co., 1825, signedby London bankers, Sir Peter Pole, Bart. & Co., black,generally very fine or better. (5)

£120

494British Aluminium Co. Ltd., a specimen 5%registered Prior Lien debenture for £100, 19-(annotation for 1910), from the Bradbury, Wilkinson& Co. archive, vignette of kinlochleven works at top,green and black, numbered 0000, small hole cancelsover signature area, with coupons, American style,extremely fine.

£80

Built between 1905-9, the Kinlochleven Aluminiumworks was the second smelter to be built by the companyand included a hydro-electric power station, the largestof its kind at that time. The works closed in 2000.

495Cafartha Lead Mining Co. Ltd., £5 shares, 187[1],black; Eaglebrook Mine (Cost Book), one share,18[62], black, fine; Cardigan Mines Ltd., 2/6dshares, [1907], black, and, 2 examples of Fron-VellanLead Mining Co. Ltd., for 5 and 10 shares of £1 each,both 1870, black, generally very fine or better unlessstated. (5)

£120

496Cothy Mines Ltd., a pair of £20 debentures, 1910(altered by hand to 1911), no’s 34 and 35, largeformat, ornate border, blue and black, 4 pages, veryfine to extremely fine. (2)

£60

Gold was found at this old Roman mine at Dolaucothi,Carmarthenshire, in 1848 and several companies havesubsequently operated there. This company acquired thelease in 1909 but failed in 1912.


497East Clogau Gold Mining Co. Ltd., 5 shares of £1,1862, no.42811-42815, scrollwork at left, blue andred, good very fine.

£120

498Elgar Silver-Lead Mining Co. Ltd., £1 shares,187[4], no.79, brown; Glan Clwyd Lead Mining Co.Ltd., £1 shares, 187[5], no.159, black; Cwm VronLead Mining Co. Ltd., £2 10s shares, 1871, no.351,black, and, Plynlimmon Lead Mining Co. Ltd., £1debenture bond, 18[78], no.47, black on pale bluepaper, about very fine to extremely fine. (4)

£120

499Groeswen & Caradog Collieries Ltd., bearerwarrant for 5 shares of £1, 190[2], vignette of minebuildings at top, ornate border, large format printed ingreen and pink, text in English and French, withcoupons, extremely fine.

£50Formed to acquire the Groeswen Colliery, 9 miles northwest of Cardiff and the Caradog Colliery, 16 miles northof Cardiff.

500Nanty Mines Co. Ltd., £20 share, 186[0], no.194,black on pink paper; together with Lery Mining Co.Ltd., £1 shares, [1909], no.34, black; Llanarmon LeadMining Co. Ltd., £2 share, 18[70], no.4314, black,and, Minera Ragman Mining Co. Ltd., £5 share,18[63], no.944, black on blue paper, generally veryfine and better. (4)

£100

501Nidderdale Lead Mining Co. Ltd., a group ofcertificates (24) for two preference shares of £1 each,186[5], vignette of bridge and entrance to the mine,black with pink underprint, several have edge splits andare somewhat brittle but many are extremely fine. (24)

£200

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502Robert Heath and Low Moor Co. Ltd., a group of20 x £100 debentures, 19[20], large format pieceswith ornate border, brown, printed by Waterlow &Sons, 4 pages, very fine to extremely fine. (20)

£100

A combination of the Robert Heath and Sons, owners ofthe Norton Ironworks at Stoke on Trent and the LowMoor Company of Bradford, owning numerous coal andironstone mines in Yorkshire and Staffordshire. Heathalso built numerous steam locomotives between 1888 and1926. Collapsed in 1928.

503South Staffordshire Mines DrainageCommissioners, Tipton District, 43⁄4% debenture for£100, 188-, a specimen certificate from the Bradbury,Wilkinson & Co. archive, large format piece, blackwith pink underprint, with coupons, small holecancels, good very fine.

£60

504Welsh slate companies: Tal y Drws Slate Co. Ltd.,£10 share, 186[4], and £5 preference share, 186[8],Prince of Wales’ crown in centre, mauve and blackrespectively; Era Welsh Slate Quarries Ltd., £1ordinary shares, 189[8], ornate border, blue, and,Tyn-Y-Bryn Quarries Ltd., £1 shares, 19[19], ornateborder, blue, printed by Waterlow & Sons, the lastwith rusty clip marks at top, very fine to extremely fine.(4)

£80

505A group of British financed oil companiesoperating in Canada, Russia, Algeria, Trinidad andPoland; Graham Island (British Columbia) oilfieldsLtd., 19[22]; Parson’s Pond oil Syndicate Ltd.,19[14]; Constantine oilfields Ltd., 19[26]; Urozoilfields Ltd., 19[20]; Premier oil & Finance Co.Ltd., 192[4] (2 examples); Maikop Pipeline andTransport Co. Ltd., [1911]; Russian General oilCorporation, 5 shares, 19[12]; Spies Petroleum Co.Ltd., capital £75,000, 19[11] and 19[12], printingvarieties and capital £1, 500,000, 19[14] and 19[19];Baku Consolidated oilfields Ltd., 19[43], and others(3), mixed condition but generally fine to very fine, somebetter. (16)

£100

Gas and Water

506Canterbury Gas Light and Coke Company, £25share, additional capital, 18[24], no.466, large formatpiece with scrollwork at left, black printing on thickpaper, tiny chip from bottom margin, near extremelyfine.

£150

507Waterworks and water supply: a collection ofcertificates comprising Brompton, Chatham,Gillingham & Rochester Water Works Co., 3 types,186[3], 1877 and 1891; Dearne Valley WaterworksCo., £10 share, 1883; Matlock Bath Water-WorksCo., £5 share, 186[4] and £5 preference share,186[7]; Weymouth Waterworks, £20 share, 185[60];Pure Water Co., £2 shares, 18[73]; Stroud WaterCompany, £10 shares, 18[90]; Shoreham and DistrictWaterworks Co., £10 share, 18[70]; northWarwickshire Water Co., £10 shares, 189[9];newhaven & Sleaford Water Co. Ltd., £10 mortgagedebenture, 1883; Peacehaven Water Co. Ltd., £1preference shares and 1/- ordinary shares, both19[24], and, early transfer certificates (5), and others(4), generally very fine and better. (23)

£200


508West Middlesex Water Works (Company ofProprietors of the .. ), certificate for one £100 share,15th July 1813, no.3287, black printing on vellum,red paper seal, usual light discolouration, good very fine.

£80

Established in 1806 with main works at Hammersmith.Gradually extended supply to Hendon, Acton,Hampstead and Barnes. Absorbed by the MetropolitanWater Board in 1902.

509West Middlesex Water Works (Company ofProprietors of the .. ), certificate for one £100 share,15th July 1813, no.3274, black printing on vellum,red paper seal, usual light discolouration, good very fine.

£80

Breweries and Distilleries510Abbey Mills Distillery Ltd., 10% debenture for£500, no.1, large but plain format, black, 4 pages;together with other Distillery pieces (4) comprisingold Bushmills Distillery Co. Ltd., £10 debenture,1892 (2), no’s.8339 and 8340, large format, black, 4pages; northern Distilleries Ltd., £10 preferenceshares, 189[7], no.7, scrollwork at left, brown, and, P.Mackenzie and Company, Distillers, Ltd., proofpreference share certificate, 18- (circa 1890), on thickcard, black, the last with small tear at right, very fine togood very fine and better. (5)

£120

511Albion (Burton-on-Trent) Brewery, Ltd., £10ordinary shares, no.85 and £10 preference shares,no.80, both 189[8] and issued to the sameshareholder, small vignette of Britannia at top left,ornate borders, red and blue respectively, good veryfine. (2)

£80

512Birmingham Breweries Ltd., pair of certificates for£5 preference shares, 189[7], no.490, and £50mortgage debenture, [1896], no.907, BB monogramin circular scrollwork at top, red and black respectively,very fine and about very fine. (2)

£60

513Brear and Brown Ltd., pair of certificates for £10ordinary shares, no.85, and £10 preference shares,no.48, both 18[94], company logo in circular designin centre, scrollwork at left, blue and brownrespectively, the second has two small chips from the topborder otherwise very fine. (2)

£60

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517Gartsides (Brookside Brewery) Ltd., 41⁄4% firstmortgage debenture stock certificate, 19[22], no.631,very ornate piece with sheaf of barley in the centre,heavy scrollwork borders, mauve with pale greenunderprint, printed by Waterlow & Sons; togetherwith Empress Brewery Co. Ltd., £10 preferenceshares, 189[9], no.1139, scrollwork at left, red, bothare good very fine. (2)

£60

518A collection of Ind Coope certificates, comprisingInd Coope and Co. Ltd., 6% cumulative preferenceshares, [1898], black, 41⁄2% cumulative ‘B’ preferenceshares, [1899] and 190[6], red; Ind Coope & AllsoppLtd., 4% debenture stock, 19[55], black, 5%consolidated debenture stock, 19[57], green, and, 6%redeemable debenture stock, 19[57], dark blue,generally fine to about very fine. (6)

£60

514Burton & Lincoln Breweries Ltd., pair of certificatesfor £10 ordinary shares, 18[91], no.661, and £10preference shares, 18[90], no.154, coats of arms ofBurton on Trent and Lincoln beneath title, scrollworkat left incorporating ‘cat and mouse’ trademark, redand black, printed by Waterlow & Sons, very fine. (2)

£80

515City of London Brewery Co. Ltd., ordinary stockcertificate, 186[3], scrollwork at left, orange-brown,dirty surface; hounslow Brewery Co. Ltd., £10preference shares, 189[4], no.57, red; Meux’s BreweryCo. Ltd., £1 ordinary shares, 19[28], no.1259,scrollwork at left, black, very fine or better. (3)

£80

516Cumbrian brewery companies, comprising JosephDalzell’s Parton and harrington Breweries Ltd., £10preference shares, 18[92], mauve, rusty clip marks attop and endorsement on reverse shows through to thefront, very fine; Carlisle old Brewery, Sir Richardhodgson & Co. Ltd., £5 ordinary shares, 19[12],no.162, black, red seal, good very fine; PenrithMiddlegate Brewery Ltd., £5 preference shares,190[4], no.48, scrollwork at left, brown, fine to veryfine, and new Brewery Company Carlisle Ltd., £7share, 18[79], extremely fine. (4)

£80


519Isle of Wight Brewery Co. Ltd., £20 mortgagedebenture, 189[7], no.344, large format piece withornate border, blue, with coupons, very fine.

£50

520Montgomeryshire Brewery Co. Ltd., £5 ordinaryshares, 18[90], no.459, scrollwork at left, blue, goodfine; together with other Brewery comanies (2),Thomas Phillips and Co. Ltd., £5 preference shares,189[8], no.77, brown, small piece missing from bottomleft corner, about very fine, and Tamplin & SonsBrewery, Brighton Ltd., £1 ‘B’ preference shares,19[41], no.3134, black on pink paper, small tear atleft edge and small piece missing from bottom left corner,fine to about very fine. (3)

£60

521Oldfield Brewery Ltd., debenture for £25,000,1895, of only 6 issued, black printing on thick waxedpaper, 4 pages, embossed revenue stamps of £30 and£1 5/-, the first of which is scarce, stamped cancelled,good very fine; together with mortgage debenturestock certificates (2), 189[5] and 19[12], black,cancelled by triangular cut out through seal, fine. (3)

£50

522Selby Brewing and Wine Co. Ltd., £5 shares,188[4], no.52, scrollwork at left with company arms,black, red seal; together with Cunningham’s and T &W. Thwaites Ltd., £10 ordinary shares, 189[7],no.124, scrollwork at left, blue, both very fine. (2)

£70

523Showells Brewery Co. Ltd., 4% preference stock,19[28], no.2117, attractive scrollwork andarchitectural border, hops at left, blue, good very fine;together with J. & J. Yardley & Co. Ltd., £5preference shares, 189[1904], no.628, red, greyunderprint, punch holes at left, about very fine. (2)

£50

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524Uttoxeter Brewery Ltd., £100 debenture, 18(89),no.108, ornate border, blue, with coupons; togetherwith Gresley Brewery Ltd., £100 debenture, 189[2],no.100, ornate border, brown with pale blueunderprint, very fine and fine to very fine. (2)

£60

525Westlake’s Brewery Ltd., pair of certificates for £5ordinary shares, 190[21], no.183, and 6% preferenceshares, 191[21], no.215, blue and blue on pink paperrespectively; together with certificate for £1 ordinaryshares, 19[21], no.154, different design, brown, redseal, generally very fine. (3)

£60

526Wiltshire Brewery Co. Ltd., pair of certificates for £5ordinary shares, no.48, and £5 preference shares,no.227, both 18[88] and issued to the sameshareholder, scrollwork at left, blue and redrespectively, printed by Waterlow & Sons, very fine.(2)

£80

527A collection of mainly brewery companies (19),1879 to 1970, including Empress Brewery Co. Ltd.,£10 preference shares, 189[9]; Buckley’s BreweryLtd., mortgage debenture stock, 19[37];Boddingtons’ Breweries Ltd., £1 preference shares,19[34]; Army & navy Co-operative Breweries Ltd.,£1 shares, 189[5]; Magee, Marshall & Co. Ltd., £10ordinary shares, 18[95], and, Watney Combe Reid &Co. Ltd., preferred ordinary stock, 193[47], of theremainder two are unissued, a few are cancelled, mixedcondition fine to very fine and better. (19)

£80

528A small group of brewing related certificates,comprising Brewers Cork and Tap Co. Ltd., £1 shares,189[5], no.4, black; hop Bitters Co. Ltd., £1 shares,188[7], no.46, hops at left and in centre scrollwork,green and another similar but 18[89], no.19, greenand red; Brewers’ & Bottlers’ Supply Ltd., £1 shares,[1902], no.23, black; Breweries Industrials Ltd., £1shares, 18[97], blue, red seal, no.18, and, operativeBrewers Guild Ltd., 2/- shares, [1917], no.334,black, fine to very fine. (6)

£100


Commercial and Industrial529A collection of English certificates relating tosport, entertainment and recreation, comprisingBrighton Turkish Bath Co. Ltd., 18[69]; LlandudnoVictoria Palace Co. Ltd., 189[5]; Mudie’s SelectLibrary Ltd., 186[4]; West Cowes Sea-Bathing Co.Ltd., 18[70]; Liverpool & District BilliardsAssociation Club Ltd., 19[26]; Lyceum (1903) Ltd.,19[04] and 19[06], this discoloured overall;Morecambe Theatre Co. Ltd., £10 debenture, 190[1](6 examples); British Talking Pictures Ltd., 19[29];Victoria Gramophones Ltd., 19[29]; SymphonyGramophone & Radio Co. Ltd., 19[28]; DominionGramophone Records (Foreign & Colonial) Ltd.,19[29], and, British Brunswick Ltd., 19[28], mixedcondition but mostly very fine and extremely fine. (18)

£150

530A small collection of certificates relating to food,drink and catering: Longton Coffee Tavern Co. Ltd.,188[2]; Wigan Coffee house Co. Ltd., 188[7];hampshire Fisheries and Reservoirs Co. Ltd., 187[6];Watkins’ Pomona Cider Co. Ltd., 1[898], stainedoverall; British produce Supply Association Ltd.,189[6]; Williams’s Isinglass Co. Ltd., £25 debenture,1899; Saarburg Moselle Export Co. Ltd., £100debenture, [1899]; Matté non-Alcholic BeverageSyndicate Ltd., [1914]; new Brewery Co. CarlisleLtd., 18[79] (5 examples); Clarkson’s old BreweryBarnsley Ltd., unissued certificates, 19- (3 examples);Burton & District License holders’ Aerated WaterCo. Ltd., 19[21]; Wiltshire Farmers Ltd., 191[2];Milford haven Fish Curing Co. Ltd., issued butundated, 19- (circa 1910); J. Lyons & Co. Ltd.,192[7]; Devon Egg Producers Ltd., 193[0]; Cook’sCrisps Ltd., £50 debenture, 1934, and, British RabbitIndustries Development Co. Ltd., 19[38], aninteresting lot which in general are very fine to aboutextremely fine. (23)

£150

531Banking, insurance and finance companies: a smallcollection comprising Liverpool Marine Credit Co.Ltd., £20 share, 1865; Adelphi Bank Ltd., £20 share,1864; Liverpool Marine Insurance Co. Ltd., oneshare, 186[9], small repaired tears; overend, Gurneyand Co. Ltd., £50 share, 1865; Westminster BankLtd., £1 shares, 19[26]; Midland Bank Ltd., £1 shares,19[59]; Cheque Bank Ltd., £100 bond, 1876, red inkcancellation, split and discoloured at edges; UnionMarine Insurance Co. Ltd., 3 different certificates,18[77], 188[3] and 19[00], and other certificates (3),generally very fine and better unless stated. (13)

£100

532British-American Tobacco Co. Ltd., a set ofunissued bearer warrants for 1 share, £5 stock, 10shares, 20 shares, £25 ordinary stock, 50 shares and£100 ordinary stock, 19- (circa 1910), vignette ofoffice building flanked by globes, very ornate border,blue, green, mauve, olive, brown, blue and blue-greenrespectively, text in English and French, printed byWaterlow & Sons, extremely fine. (7)

£200

533British, Irish and Colonial Silk Company, a proofshare certificate, 182-, probably by Perkins, Bacon butwithout any imprint, 4 vignettes in ovals withinscrollwork at the sides, black printing on card, withcounterfoil, has been mounted on the reverse, overallspotting, heavy folds with small hole and splits, about finebut rare.

£100

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534Butlin’s Limited, a pair of specimen ordinary stockcertificates, 19- (circa 1930), from the Bradbury,Wilkinson & Co. archive, the first with capital£600,000, brown, the second with capital £982,000,blue, both with ornate borders, the first with redcircular Bradbury specimen seal, the secondoverprinted SPECIMEn in centre, both withcounterfoils, extremely fine. (2)

£60

535Dumfries and Maxwelltown Astronomical Society,certificate for 1 share, 1835, no.127, of only 150issued, black, with rules printed below, with relatedprinted receipt, split at fold otherwise very fine and rare.

£100

536Duval Restaurants for London Ltd., a specimenbearer warrant for £10 shares, London 189-, from theBradbury, Wilkinson & Co. archives, very attractivepiece with allegorical females flanking company logo,black with pale orange underprint, text in English andFrench, with coupons, centre fold otherwise extremelyfine.

£60

Founded in the mid 19th century in Paris by AlexanderDuval. This company acquired the rights for the UK in1893 but was in financial difficuly and wound up by1897.

537European Sims-Edison Electrical Torpoedo Co.Ltd., pair of certificates for £1 founders’ shares, no.62,and £20 ordinary shares, no.244, both 189[2] andissued to the same shareholder, red and bluerespectively, spike holes at top left, about very fine. (2)

£100


538Fortis Powder & Explosives Co. Ltd., a group ofbearer share warrants for one share (65), 5 shares (6)and 20 shares (1), all 18[92], ornate borders, blackwith pale blue, yellow and pink underprintsrespectively, text in English and French, with coupons,some with damage at edges but many very fine andextremely fine. (72)

£200

539General Printing & Publishing Co. Ltd., a group of15 certificates for £1 vendor’s shares, 187[3],numbered 69 to 80 and 197 to 199, all issued to thesame shareholder in Sheffield, scrollwork at left,black on off white paper, good very fine to extremelyfine. (15)

£100

540Guns and gunpowder: United Small Arms, Ltd., £1preference shares, 19[18], scrollwork at left, green,about very fine; Stowmarket Explosives Co. Ltd., £10shares, 188[1], black, good very fine, and PatentGunpowder Co. Ltd., £5 shares, 187[3], scrollwork atleft, blue, very fine. (3)

£100

541Leamington Bank, 5 shares of £20, 183[5], no.167,LB monogram in wreath at top left, black on thick buffpaper, slightly grubby surface otherwise good very fine.

£150

542Metropolitan Association for Improving theDwellings of the Industrious Classes, £25 share,18[50], no.1895, black on grey paper, together with acopy of the Charter of Incorporation, 46 page booklet,1884, good very fine and scarce. (2)

£50

543Morecambe Winter Gardens Co. Ltd., a pair ofcertificates for £1 ordinary shares, no.118, and £10preference shares, no.253, both 189[7], vignette ofthe Winter Gardens and seafront at top left, inside ofthe theatre at top right, black with blue and pinkunderprints respectively, extremely fine. (2)

£60

544Norton Ventilator Co. Ltd., £10 shares, fully paid,18[80], no.42, very large vignette of steamship inharbour with factory and town in background, black,printed by Waterlow & Sons, about very fine.

£60

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545Otis Steel Co. Ltd., 5% debenture for £10,000,[1896], no.5, and 5% debenture for £10,000, 1896,no.30, of only 5 and 31 issued respectively, verylarge format pieces, red and green, the first inkcancelled, the second uncancelled, rare highdenomination pieces, very fine or better. (2)

£100

546Parsons’ Foreign Patents Company Limited, aspecimen bearer warrant for 50 ordinary shares of £1,19- (circa 1905), from the Bradbury, Wilkinson & Co.archive, vignette of steamship at top, marine turbine atbottom, brown and black, with coupons, top edgesomewhat thinned where removed from backing,otherwise about extremely fine.

£60

547Parsons’ Foreign Patents Company Limited, aspecimen bearer warrant for 10 ordinary shares of £1,19- (circa 1905), from the Bradbury, Wilkinson & Co.archive, vignette of steamship at top, marine turbine atbottom, blue-grey and black, with coupons, top edgewith some slight damage where the piece has been roughlyremoved from backing, otherwise good very fine.

£60

548Parsons’ Foreign Patents Company Limited, bearerwarrant for 10 ordinary shares of £1, 19- (circa 1905),a specimen certificate from the Bradbury, Wilkinson &Co. archive, vignette of steamship at top, turbine atbottom, blue-grey and black, with coupons, top edgewith some slight damage where the piece has been roughlyremoved from backing, otherwise good very fine.

£60

549Photochromoscope Syndicate Ltd., a set of three 6%debentures for £5, 189[9], £20, 189[7] and £50,189[7], ornate borders, blue, green and redrespectively, good very fine. (3)

£60

The Photochromoscope camera for colour photographywas invented in America in the 1880’s but the name (orKromoscope) was used for a novelty device for viewingstereo cards in full colour. We presume this company wasorganised for marketing in this country.

550Photomaton Parent Corporation Ltd., a set of 4bearer warrants for 10, 25, 50 and 100 shares of 5shillings, 19[28] or [29], ornate borders, black, blue,brown and mauve respectively, text in English andFrench, with coupons, the first extremely fine, thesecond with small tear at right edge, the last with edgetear at bottom left otherwise very fine. (4)

£80

The company was set up by Clarence Hatry in 1928 tooperate photograph machines in hundreds of publicplaces such as railway station platforms, etc. Numerousforeign offshoots were also organised and the companylooked very successful. Problems started in 1929 withHatry’s manipulation of share prices and somefraudulent issuing of municipal stocks by one of hiscompanies. The events of 1929 caught up with Hatrydespite his propping up of prices with his own funds.Hatry actually acquired nearly three quarters of theissued photomaton stock but by 1929 money had run outand the Hatry group collapsed owing about £14 million.Hatry himself was tried for fraud and sentenced to 14years in prison.


551Radiotint Ltd., bearer warrant for 5 shares of £1,London 189[7], no.A9, bellows camera in centre with‘Application des Couleurs a la Photographie’ below,ornate border, text in English and French, printed byWaterlow & Sons, with coupons, split at centre fold butgood very fine and scarce.

£80

552Royal Agricultural College, Cirencester, one £30share, 18[46], no. 441, black, large pink seal, very fine.

£60

553Royal Agricultural College, Cirencester, one £30share, 18[46], no. 443, black, large pink seal, very fine.

£60

554Royal Panopticon of Science and Art, certificate forone share, 185[1], no.3689, very ornate border withsmall vignettes of allegorical figures, names of famousscientists in medallions such as newton, Watt, Faradayand Davy, black, mauve embossed seal, fine to veryfine.

£120

555Shops and shopping: a group of certificatescomprising herbert’s Supply Stores Ltd., £5 shares,18[99]; Birmingham household Supply AssociationLtd., £1 shares, 19[22]; D.h.Evans and Co. Ltd., £1ordinary shares, 19[07] (2 examples) and 19[19],increased capital, all printed by Waterlow & Sons;Gamages (West End) Ltd., £1 ordinary shares, 19[29](2 examples); Gordon Selfridge Trust Ltd., £1ordinary shares, 19[26], and 2 different MontagueBurton Ltd., certificates dated 1957 and 1969, mixedcondition, fine to very fine. (10)

£60

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556Somerset Hotel Co. Ltd., £100 debenture, 18[90],no.24, of only 60 issued, vignette of Grand Atlantichotel, Weston Super-Mare at top, black; togetherwith Metcalfe’s hydropathic Establishment hastingsLtd., £5 share, 1890, and, Wirral hotels Ltd.,cumulative preference shares, 192[30], cancelled, veryfine. (3)

£60

557Stanley Gibbons Limited, 6% debenture for £500,18[90], no.44 (of only 50 issued), signed by EdwardStanley Gibbons and Charles J. Phillips asdirectors, large format, black, 4 pages, good very fineand rare.

£200


558Theatre Royal, Drury Lane, a large indenture, 1793,certifying the subscription of henry Evans of hatton Gardento share no.137 in the theatre, signed by Albany Wallis,Richard Ford and Thomas Hammersley as trustees, largefolio document, on vellum, large vignette, 5” x 14” of thenew theatre at the top, a very fine and unusually clean copy.

£2,800

This theatre was rebuilt on a large scale by Irish playright andpoet, Richard Brinsley Sheridan in 1793 and opened in 1794.The finances were divided into 300 shares. It was burnt downin 1809 and was such a huge loss to Sheridan that theCommons adjourned as a mark of sympathy.

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ARGENTINA

5611887 5% Interior Loan, 100 pesos gold bond,no.4411, ornate design printed in blue and brown,Spanish text with German text on the reverse, withcoupons, heavy centre fold but about very fine and rare.

£80

Known as the ‘German’ loan, this was guaranteed by theBanco Nacional which suspended payment in 1891. In1899, holders were given Argentine Government 4%bonds in exchange for coupons and the loan was finallyrepaid in 1931.

562Banco Hipotecario de la Provincia de BuenosAires, cedula, series L, 100 pesos, La Plata 18[88],no.6734, vignette of gentleman at centre, brown andblack, with coupons, very fine.

£50

LATIN AMERICA559A very useful collection of Latin American railwayand tramway bonds and share certificates (15),including Panama Rail Road Co., $100 shares,185[72], impressed duty stamp, cancelled; Peru,national Pisco to Yca Railway Co., £20 bond, 1869,steam engine and coat of arms in centre; Chiliannorthern Railway Company Ltd., £20 debenture,1914, steam engine and tender at top, rare piece withall coupons and no cancellation marks; nationalRailroad Company of Mexico, 1st consolidatedmortgage gold bond, $1000, 1902; South BrazilianRailways Co. Ltd., £20 bond, 1911, cancelled;Pernambuco Tramways & Power Co. Ltd., £1 shares,19[17]; Colombian Central Railway Co. Ltd., £20debenture, 19[09], cancelled, and others (8), fromBrazil, Mexico, Costa Rica and Venezuela, generallyvery fine and some better. (15)

£200

560A small group of certificates from Latin America,comprising Cuba Railroad Co., 19[35]; Cie duChemin de Fer & de Travaux Publics de Guayaquil,6% bond, 1889; Canal Interocéanique de Panama, 4%bond, 1884; Cauca Gold Estates Ltd., pair ofcertificates for ordinary and preference shares of £1,18[95] and 18[96]; Soc. de Exploracion de las Minasde Venezuela, founders share, 1888; Callao-Monserratte Gold Mining Co. Ltd., 1887; Peruvianexploration Syndicate Ltd., £100 shares, 18[90];Mexico north Western Railway Co., [1910]; Soc.Franco-Péruvienne, 185[3], edge tears, and others (5),mixed condition, fine to very fine, a few better. (15)

£100

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563Banco Nacional, a set of specimen certificates for 1,5, 50 and 500 shares of 100 pesos, Buenos Aires 1885,from the Bradbury, Wilkinson & Co. archive, veryornate borders with vignettes of various coats of arms,black with various colour underprints, with coupons,generally extremely fine. (4)

£250

564Banco Nacional Inmobiliario, 10 shares of 100pesos, Buenos Aires 18[90], no.2271-2280,allegorical female with steam train and agriculturalmachinery to left, ornate border, black with greenunderprint, very fine to extremely fine.

£60

565Campos Eliseos, 300 pesos share, Buenos Aires18[89], no. 0105, black and pale pink, maiden withlyre at left, vignette with landscape at centre, stain onlower margin, almost extremely fine.

£100

566Compañia Anónima de Navegacion á Vapor delRio Bermejo, 100 peso share, Buenos Aires 187[2],no.323, attractive piece with vignette of paddlesteamer at top, brown, good very fine and rare.

£150

567Compañia Argentina de Seguros Maritimos enBuenos Aires, 1000 peso share, Buenos Aires 18[59],no.364, rare early piece with vignette of paddlesteamer at top, black, very fine to extremely fine.

£600

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568Compañia de Tramways Eléctricos del Sud(Southern Electric Tramways Co.) Buenos Aires,first mortgage debenture for £100, 192[7], no.523,large format piece with ornate borders, orange andblack, printed by Waterlow & Sons, with coupons,extremely fine.

£50

569Compañia Docks de Tránsito del Puerto de laPlata, 100 shares of 100 pesos, Buenos Aires 1889,no.1388, large format piece with huge panoramicvignette of docks with many steamships, ornateborder, blue with pale green underprint, aboutextremely fine.

£60

570Dock Sud de la Capital, provisional certificates for 10shares and 50 shares of 100 pesos, Buenos Aires 1889,large format pieces with allegorical female at left withshipping, lighthouse, map of the docks and varioustools and instruments, blue and brown respectively,the second with a small edge tear otherwise good veryfine. (2)

£80

571La Canalizadora del Riachuelo S.A., 100 shares of100 pesos Buenos Aires 18[89], no.164, large formatpiece with busy canal scene with factories and smokingchimneys, cherubs below, brown and black, a couple oftone spots, good very fine.

£120


572La Capital (Extensions) Tramways Co. Ltd., aspecimen/proof £100 Car Trust debenture, 1898,from the Bradbury, Wilkinson & Co. archive, electrictramcar at top left, ornate border, blue and black,annotation in right margin approving printingnumbers 1 to 200, with coupons, very fine to extremelyfine.

£60

573Minas de Misiones S.A., 1000 peso share, BuenosAires 1879, no.075, allegorical female reclining incentre, black, orange-brown underprint, extremelyfine.

£60

574Nuevos Mataderos Públicos de la Capital, 100 pesoshare, Buenos Aires 1889, no.0094, very large formatpiece with vignettes of interior and exterior views ofthe new slaughterhouse, blue and pink, good very fine.

£60

575Sociedad Cooperativa Alumbrado á Gas, 50 sharesof 100 pesos, Buenos Aires 1889, no.12651-12700,allegorical female holding light with outstretched arm,ornate border and lots of scrollwork, black, pink andblue, a few minor edge nicks and tears, about very fine.

£80

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576South American Cattle Farms Ltd., 5% Debenture,1912, a specimen bond for £20 from the Bradbury,Wilkinson & Co. archive, very attractive piece withvignettes of cattle at top and bottom, brown andblack, with coupons, overprinted SPECIMEn oversignature areas, nearly extremely fine.

£100

BOLIVIA

577Republic of Bolivia, ‘Fondo Publico’, 6% PublicLoan, 100 pesos, Sucre 184[4], local printing, black,embossed seal, good very fine and rare.

£50

BRAZIL

578United States of Brazil, 1893, 5% GuaranteedLoan, for the Western of Minas Railroad Co., aspecimen £100 bond from the Bradbury, Wilkinson &Co. archive, large format piece with Brazilian arms attop, green and black, text in English and French, withcoupons, annotation in bottom margin to certify that ithad been passed by Rothschilds, traces of mounting atright, extremely fine.

£100


579United States of Brazil, 1909 5% Loan, bond for500 francs, no.121725, attractive large format piecewith steam trains at top, blue and black, text in Frenchand English, printed by Bradbury, Wilkinson & Co.,with coupons, very fine.

£50

580United States of Brazil, 71⁄2% (Coffee Security)Loan of 1922, a specimen bond for £500 from theBradbury, Wilkinson & Co. archive, vignette of coffeepickers, brown and black, overprinted SPECIMEn in redacross centre, with coupons, tiny tear at left edge,extremely fine.

£100

581United States of Brazil, 61⁄2% Loan of 1927, aspecimen £1000 bond from the Bradbury, Wilkinson& Co. archive, ornate border, arms at top, mauve andblack, with coupons, red Bradbury specimen stamp,extremely fine.

£100

582City of Santos, 1910 6% Internal Sterling Loan, apair of unissued bonds from the reserve stock, £20 and£100, large format pieces with superb panoramicvignette of railway and dockside, red and black andblue and black respectively, text in English andSpanish, printed by Waterlow & Sons, with fullcoupons, extremely fine. (2)

£100

583City of Santos, 1915, 7% Funding Loan, a set ofunissued bonds for £10, £20 and £100 from thereserve stock, large format pieces with ornate borders,text in English and Spanish, brown, green and redrespectively, printed by Waterlow & Sons Ltd., with allcoupons, extremely fine. (3)

£120

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584Bank of the State of San Paulo, 6% GuaranteedSterling Mortgage Bonds, series A, 1928, a specimenbond for £100 from the Bradbury, Wilkinson & Co.archive, ornate border, mauve and black, perforatedCAnCELLED, printers’ annotation in top margin,extremely fine.

£80

585Bank of the State of San Paulo, 6% GuaranteedSterling Mortgage Bonds, series C, 1929, a pair ofspecimen bonds for £100 and £500 from theBradbury, Wilkinson & Co. archive, ornate borders,red and black, green and black, perforated cancelledand printers’ annotation in top margin, extremely fine.(2)

£150

586Cia Estrada de Ferro Bahia e Minas, 5% mortgagebond for 500 francs, Rio de Janeiro, 1888, no.19303,small format piece with small vignette of steam train inbottom border, green and black, text in Portugueseand French, with coupons, a few tiny repaired edgetears at top edge, about very fine.

£40

587Madeira-Mamoré Railway Company, a set ofspecimen bonds from the Bradbury, Wilkinson & Co.archive comprising 6% bonds, 1922, £20, red and£100, green, and 51⁄2% bonds, 1922, £20, orange,£100, brown and £500, blue, all with ornate borders,small hole cancels, printers numbers at top margin,with full coupon sheets, the first a little grubby andabout very fine, the remainder extremely fine. (5)

£150

588The Mogyana Company, a specimen 5% debenturebond for £100, 1885, from the Bradbury, Wilkinson& Co. archives, large format piece printed in blue andblack, text in Portuguese and English, with coupons,extremely fine.

£60

Originally incorporated in 1872, built and operated anetwork of railway lines in São Paulo.

CHILE

589Chilian Government 5% State Loan of 1911, aspecimen bond for £100 from the Bradbury,Wilkinson & Co. archive, large format piece withcondor at top within star, green and black with largecoat of arms in underprint, text in English andGerman, with coupons, about extremely fine.

£100


590Banco Hipotecario de Chile, 6% bond, 500 pesos,Santiago 19- (circa 1910), an attractive specimencertificate from the American Bank note Companyarchives with vignettes of impressive railway bridges,State building and coat of arms, brown and black,numbered 00000, overprinted SPECIMEn oversignature areas, with coupons, tiny hole cancels, goodvery fine.

£50

COSTA RICA

591Republic of Costa Rica, 1911 4% Refunding Loan,bond for £100, no.B3191, large format piece withcoat of arms at top, blue and black, text in English,Spanish and French, printed by Waterlow & Sons,with coupons, good very fine and scarce.

£120

CUBA

5921917, 6% Treasury Loan, a specimen 500 pesosbond from the American Bank note Co. archives,allegorical figures at top, green and black, withcoupons, numbered 00000 and stamped SPECIMEn inred, with coupons, extremely fine.

£100

593Ayuntamiento de la Habana (Municipality ofHavana), 6% Loan, 1889, bond for 100 pesos,no.67773, large format, vignettes of harbour entranceand fountain, coat of arms at bottom, green and black,light water tide mark at top right, hole cancelled, veryfine.

£60

594Cardenas Sabanilla Petroleum S.A., 100 shares of 1peso, habana [1918], no.5446, very attractive piecewith three vignettes of oil derricks, ornate border, blueand black, good very fine.

£50

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595Compania del Ferro-Carrill Cienfuegos y Villa-Clara, 1000 pesos bond, habana 1889, no.145,lovely American style certificate printed by theAmerican Bank note Co. with steam train at bottomand coat of arms at top, green and black, withcoupons, punch perforated AMoRTIZADo, Cubanadhesive duty stamps at top, heavyish folds with tiny bitof splitting along, some overall discolouration, about veryfine and a rare piece.

£100

596Cuban Telephone Company (DE), a specimen 5%First Mortgage Convertible Bond, £200, 1911, fromthe Bradbury, Wilkinson & Co. archive, scantily cladfemale operating early telephone, ornate border, redand black, stamped SPECIMEn at bottom, withcoupons, extremely fine.

£80

597Empresa del Ferro-Carril Urbano y Omnibus de laHabana, 500 peso share, 18[76], no.0541, horsedrawn tramcar in centre, black, ink cancelled andsingle hole cancel unfortunately through the vignette,counterfoil re-attached, tiny chip from bottom edge, theink has burned very slightly, very fine.

£100

598Ferro-Carril de Guantanamo, 100 pesos share,Santiago de Cuba 18[82], vignette of steam train attop, ornate border, black on cream paper, stampedCAnCELADo, 2 endorsements on reverse, good very fine.

£50


599La Alianza, Compañia de Credito y Seguros, 500peso share, havana 1862, no.3350, very attractivepiece with 6 vignettes including a paddle steamer,steam train and busy dockside, black, some splitting atedges and along heavy folds, some trimming at right andbottom edges, small piece missing from top right edge,fair but rare.

£50

600L’Almendares, 100 francs share, Bruxelles 1899, no.13, 064, red and pale green, palm trees at left, portscene at low centre, with coupons, extremely fine.

£80

601Minas de Manganeso de Camaroncito S.A., 100peso share, Santiago de Cuba 1916, no.2902,vignettes of explosion at entrance to mine tunnel andsteamship at dockside, ornate border, brown, pink andblack, slight discolouration at top right corner, good veryfine.

£40

602Sanitary Dungcart Company, 100 peso share,havana 191[2], no.1067, vignette of horse-drawncoach at top, dung cart at bottom, ornate border, blueand red, red seal, pale blue underprint, good very fine.

£80

ECUADOR

603Banco Internacional de Guayaquil, a beautifulspecimen certificate for a 2 sucre share, Guayaquil,189-, by Waterlow & Sons, vignette of dockside atbottom, coat of arms top, portraits of A.J. de Cucreand J.J.olmedo at either side, black with pale greenunderprint, SPECIMEn in signature areas and largeWaterlow & Sons Limited in underprint, very fine.

£120

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MEXICO604A group of Mexican State and City bonds,comprising Puebla de Zaragoza, 1907, $1000, 1910,$100 and $500; Durango, 1907, $100;Aguascalientes, 1910, $200; oaxaca de Juarez, 1910,$500 and $1000, the last only fine otherwise very fineand better. (7)

£80

605State of Aguascalientes, 5% Loan, 1910, bond for500 pesos, no.6971, only 390 issued, Mexican eagleat top, brown and black, text in Spanish, English andFrench, with coupons, good very fine.

£80

606State of Chihuahua, 5% Loan, 1900, in aid of theCompania del Ferrocarril de Chihuahua al Pacific,$1000 silver, no.203, steam train at top, blue andblack, with coupons, about extremely fine.

£80

607- another similar, no.270, almost extremely fine.

£80

608State of Chihuahua, Ferrocarril Central Mexicano,Railroad subsidy bond for $1000 silver, 1901, no.2,steam train and sidings at top, text in Spanish andEnglish, green and black, with coupons, very fine.

£60


609State of Coahuila de Zaragoza, 6% Interior Loan,first issue 1900, bond for $1000 United States gold,no.96, Mexican eagle at top, text in Spanish andEnglish, green and black, with coupons, good very fineand rare.

£100

610State of Jalisco, Ferrocarril Central Mexicano,Railroad subsidy bond for $1000 silver, 1900, no.541,steam train at top, text in Spanish and English, greenand black, with coupons, very fine.

£50

611State of Jalisco, Ferrocarril Central Mexicano,Railroad subsidy bond for $1000 silver, 1900, no.538,steam train at top, text in Spanish and English, greenand black, with coupons, very fine.

£50

612State of San Luis Potosi, 6% Loan, 1889, bond for£100, no.0409, Mexican eagle at top, ornate border,black, green underprint, with coupons, cut close atright edge, very fine to extremely fine.

£50

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613State of Tamaulipas, 5% Loan, 1907, a group of 8bonds for 500 pesos, dock scene at top, green andblack, text in Spanish and English, with coupons,generally very fine or better. (8)

£150

614City of Chihuahua, 5% Loan, 1910, bond for $1000,no.117, 600 issued, Mexican eagle at top, text inSpanish, English and French, green and black, withcoupons, good very fine.

£50

615City Council of Cordoba, 6% Loan, 1904, pair ofbonds for 500 and 1000 pesos, female artist atbottom, coat of arms at top, green and slate bluerespectively, text in Spanish and English, withcoupons, good very fine and fine to very fine, the secondrare. (2)

£100


616City of H. del Parral, 6% loan, 1906, series A, bondfor 1000 pesos, only 300 issued, Father hidalgo attop left, mining scene top right, text in English andSpanish, green and black, with coupons, very fine andrare.

£50

617City of H. del Parral, 6% loan, 1907, series B, bondfor 1000 pesos, only 200 issued, Father hidalgo attop left, mining scene top right, text in English andSpanish, blue and black, with coupons, very fine andrare.

£60

618City of H. del Parral, 6% loan, 1908, series C, bondfor 1000 pesos, no.59, only 110 issued, Fatherhidalgo at top left, mining scene top right, text inEnglish and Spanish, red and black, with coupons, veryfine and rare.

£80

619Ferrocarril de Mexico a Guernavaca y el Pacifico,State of Morelos, 1000 silver peso bond, 1898,no.99, steam trains at top corners, black and red withgreen underprint, with coupons, split at folds but aboutvery fine and rare.

£80620Ferrocarriles Nacionales de Mexico (NationalRailways of Mexico), a group of certificatescomprising First Preferred Stock, 10 shares, 1909 (4),1929 (1), ‘Less than 100 shares’, 1909 (8), SecondPreferred, bearer, ‘less than 100 shares’, 1910 (2),Second Preferred, nominative, ‘less than 100 shares’,1929, 10 shares, 1914-1928 (6), 100 shares, 1930and 1970, this rare; 2-Year 6% secured gold note,1913, US$1000 (10) and £100 (7); 6% Gold notes,1914, series B, $2 (18), and various scrip and arrearscertificates (24), mixed condition, fine to very fine, somebetter. (82)

£200

621La Compania de Ferrocarriles del Distrito Federalde México, first mortgage bond for $100 silver, 1896,no.6690, large format piece with vignettes ofsurveyors, cherub holding electric cable, allegoricalfemale and street scene with electric railway, brownand black, impressed duty stamp, no coupons remain,good very fine.

£50

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622Mexico North Western Railway Co, 5% 50-year firstmortgage bond, £100, 1909, no.A25169, steam trainat top, ornate border, blue and black, printed byWaterlow & Sons Ltd., with coupons, very fine toextremely fine.

£50

623National Railroad Company of Mexico, 4% FirstConsolidated Mortgage gold bonds for US$500 and$1000, 1902, eagle at top left, blue-green and greenrespectively, with coupons, very fine or better. (2)

£50

624National Railroad Company of Mexico, Prior Lien41⁄2% Gold Bonds for US$500 and US$1000, 1902,steam train crossing river and man on horseback,brown and mauve, with coupons, the first with someedge splits and an old tape repair, about fine, the secondvery fine but with a couple of rust marks in centre. (2)

£50

625Tehuantepec Inter-Ocean Railroad Co., a specimenSubsidiary certificate for $1000, preferred andconvertible, circa 1882, steam assisted sailing ship atleft, steam train at right, green and black, text inEnglish, printed by the American Bank note Co.,numbered 0000 and overprinted specimen in red,small hole cancels, very fine.

£150

626Vera Cruz and Pacific Railroad Co., First MortgageGuaranteed Gold Bond, 1904, US$1000, no.4942,Mexican eagle top centre flanked by steam train on leftand steamship on right, green and black, withcoupons, good very fine.

£100


627Banco Mexicano de Comercio é Industria, 100 pesoshare, Mexico 1910 over 1909, bank building at topcentre, blue and black, text in Spanish English,German and French, printed by the American Banknote Co., with coupons, good very fine; together withother Mexican bank shares comprising Banco deLondres y mexico, 100 peso share, 1905, Fatherhidalgo at top, green and black with coupons; Bancode Guanajuato, 100 peso share, 1906, and, BancoCentral Mexicano $100 shares, 1905 and 1908,generally very fine. (5)

£60

628Compania Petrolera Mexicana faros de AztlanS.A., certificates (3) for 20, 50 and 100 shares of 1peso, 1916, full height statue of Aztec standing on aplinth, slight variations in colour but predominantlyblue and brown, imprinted revenue stamps; togetherwith Compania Minera La Paz, one share, 1910, steamtrain, mine tunnel and allegorical female at top, greenand black, with coupons; negociacion Minera el Buendespacho en el oro, $50 shares, 1910 (3 examples);Mexican telephone Company, 188[2] (2 examples and1899, cancelled; Compania Minera Santa Bernardina yAnexas, provisional certificates for 5 shares, 1907 (2);Boston Mexican petroleum, 100 shares, 1919,interesting vignette of loading rack; negociacionMinera Socavon de San Fernando y Anexas, 1 share,1919, and other certificates (13), generally very fine toextremely fine. (27)

£100

NICARAGUA

629Cukra River Planting Company Ltd., £4 share,1914, no. 05, 651, green and yellow, ornate borderwith banana leaves, vignette with banana harvestinglow centre, with coupons, extremely fine.

£50

PANAMA630Compagnie Universelle du Canal Interocéaniquede Panama, 3% loan, 1884, a group of 12 bonds for500 francs, with facsimile signature of Ferdinand deLesseps as President, ornate border with allegories ofnorth and South America joining hands across thecanal, green, with coupons at bottom and right, twopieces have edge tears otherwise generally very fine andbetter. (12)

£200

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PARAGUAY

631Banco de Espana y Paraguay S.A., 1000 peso share,Asuncion 192[2], no.16551, large format piece withan allegorical female wearing a crown with one footresting on cornucopia, brown and black with yellowunderprint, adhesive revenue stamp, extremely fine.

£50

POYAIS

6321823 General Mortgage Loan of £200,000, £100Special Bond, scrollwork panel at top and at sides,black and blue, with coupons, overall spotting but veryfine.

£120

Poyais, Honduras, was given to Gregor MacGregor bythe native ruler in 1820 and MacGregor proceeded to tryto settle the land by financial enticements. Several loanswere floated on the Stock Exchange to raise money forships and infrastructure but all eventually failed.


633Poyaisian 3% Consolidated Stock, £500 bond,1827, no.552, signed by Gregor MacGregor, coat ofarms at top, pink and black, with coupons, somesplitting along folds, fine to about very fine.

£60

PERU634Banco del Peru y Londres S.A., a group ofcertificates for one share of P£10, Lima 1907, ornateborder, text in Spanish, English and French, red andblack, grey underprint, with coupons, mixed conditionbut many very fine and better. (35)

£100

URUGUAY

635Banco Constructor Oriental, 10 shares of 100 pesos,series A, Montevideo 188[8], no.2619, ornate border,brown with heavy blue-green underprint, adhesiverevenue stamp, good very fine.

£50

636Banco Trasatlántico del Uruguay, 100 peso share,series A, Montevido 1889, no.2031, dark blue-greenwith yellow underprint, adhesive revenue stamp, veryfine.

£50

637Campomar & Soulas Industrias Unidas de Hiladosy Tejidos de Lana, a specimen 50 peso share,Montevideo [1949], from the Bradbury, Wilkinson &Co. archive, vignette of spinning/weaving machineflanked by further vignettes of factories, blue withyellow underprint, numbered 00000 in red andperforated SPECIMEn, near extremely fine.

£60

638City of Monte Video Public Works CorporationLtd., a group of special debentures for £20, 1909 (8),large format pieces with ornate border, black with blueunderprint, printed by Bradbury, Wilkinson & Co.,with coupons, a couple with crinkled edges otherwiseabout extremely fine. (8)

£100

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639Compañia de Navegacion a Vapor Porvenir delRosario, an unissued or probably proof certificate for125 pesos, Montevideo 186-, large format piece withvignettes around borders of steamship and allegoricalfemales, black on plain cream paper, centre fold, fewtears at edges, about very fine and rare.

£80

640Jockey Club, Montevideo, 51⁄2% bond for 100 pesos,1945, no.5473, stylised horses at starting gate, ornateborder, red and black, adhesive duty stamp, withcoupons, good very fine.

£50

641Rambla Company of Monte Video Ltd., 5certificates, each for 20 preference shares of £1,[1911], ornate border, blue, yellow underprint, text inEnglish and French, with coupons; together withMonte Video Telephone Co. Ltd., £5 preferenceshares, 188[91], black, cancelled, extremely fine andvery fine. (6)

£50

642S.A. La Agricola-Industrial, 100 peso share,Montevideo 189[1], no.0015, ornate border,allegorical figures at top, black, green and pinkunderprint, adhesive revenue stamp, a couple of tinynicks at right edge, good very fine; together with Cie.Francaise des Mines d’or de L’Uruguay, a group of 3certificates comprising 500 franc preference share,Paris 1881; founders’ share, Paris 1895, and 100 francshare, Paris 189[9], all with ornate borders, minebuildings at bottom, coat of arms at top, black andbuff, brown and green, and red with pale blueunderprint, with coupons, the first with small edge tearotherwise about very fine to good very fine. (4)

£80

643Tram-Via del Este, 5% mortgage bond for $100,Montevideo 1885, no.225, of only 800 issued,vignette of tramcar, black with yellow underprint,Uruguayan adhesive duty stamp, stampedInUTILIZADo across face, good very fine.

£50


VENEZUELA

644United States of Venezuela, 3% ConsolidatedInternal Debt, bond for 10,000 bolivares, series 4,Caracas 19- (circa 1915), a specimen from theAmerican Bank note Company archive, coat of armsat top, ornate border, yellow and black, numbered00000, SPECIMEn overprinted over signature areas,with coupons, good very fine.

£60

645Carenero Railway and Navigation Co. Ltd., firstmortgage debenture for £20, 1889, no.7394, largeformat piece with small vignettes of steam traincrossing bridge and sail assisted steamship at sea,ornate border with coats of arms in corners, red, withcoupons, good very fine and rare.

£60

646Orinoco Steam Navigation Company of NewYork, $1000 share, 1848, no.52, guaranteed by theRepublic of Venezuela, issued to and signed byVespasian Ellis as President, paddle steamer withloaded wagon on riverbank, allegorical females inbottom corners, black, ink cancelled, small split atfolds, fine to very fine.

£100

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RUSSIA

State Loans647A collection/accumulation of Russian bonds andshares (60), including City of odessa, 1893, 1000roubles; City of Moscow, 1912, £500 and £1000, thispoor condition with pieces missing at right; ArmavirTouapse Railway Co., 1909, £500; Chemins de Fer duSud-Est, 125 rouble share, 1893; Wolmar railway,1910, £20; Societe du Credit Foncier Mutuel deRussie, 100 rouble bonds, 11 th series, 1875 and 12thseries 1876 and Trading Company Muir & MirrieleesLtd., 1000 rouble share, 1908, mixed condition fine tovery fine. (60)

£350

6481817/1818 6% State Loan, Dutch certificates issuedin exchange for Russian certificates by BankingSyndicate headed by Van Vloten & de Gyselaar, 1000roubles, 1824 and 1825 (2), black on thick paper, thefirst with some toning and damage at right edge, fair,the others fine to very fine. (3)

£100

6491822 5% ‘Rothschild’ Loan, bond for 720 roubles or£111, handsigned by Nathan Meyer Rothschild,double headed eagle at top, black, on poor qualitypaper, with talon, tiny chip from top edge otherwise veryfine and much better than usual condition.

£120

x6501914 5% Internal Loan, a specimen bond for 100roubles, blue and yellow, numbered 000000,overprinted ОБРАЗЕЦЪ in red, with coupons, someedge splits fine to very fine; together with other Russianbonds (4), poor to very fine. (5)

£100

651Russian Imperial Government, a very rarenominative certificate issued by ‘La CommissionImperiale d’Amortissement’, St.Petersburg 1[916],no.1642, ornate border, black, with coupons, twoheavy folds, fine to very and the first time seen by thecataloguer.

£300

Most bearer bonds were exchangeable for thesenominative certificates at the request of the holder butnot many were taken up. The details of the bondsexchanged were inserted by hand but coupons were stillused to claim interest on the bonds.

6521917 5% Freedom ‘Kerensky’ Loan, a group of 85bonds for 500 roubles, State Duma at top, blue andblack, with coupons, generally very fine to extremelyfine. (85)

£140


City Loans653City of Koursk, 1899 41⁄2% Loan, bond for 100roubles, no.1013, coat of arms at top, brown andblack, with coupons, good very fine.

£80

654City of Moscow, 41⁄2% Loan, 1912, bond for £1000,no.238, large format, red and black, with coupons,tiny nick at bottom right edge otherwise about extremelyfine and scarce thus.

£200

655City of Moscow, 41⁄2% Loan, 1912, bond for £500,no.1042, large format, mauve and black, withcoupons, almost extremely fine and better conditionthan usual.

£80

656City of Nikolaef, 5% Loan, 1912, bond for £500,no.0050, of only 261 issued, red and black, withcoupons, good very fine.

£180

657City of Nikolaef, 5% Loan, 1912, bond for £100,second issue, no.3947, of only 265 issued, ornateborder, blue and black, with coupons, about extremelyfine.

£80

658City of Nikolaef, 5% Loan, 1912, second issue,bond for £500, no.0262 (the first number of theseries), ornate border, red and black, with coupons,repaired tears at right edge but no paper loss, fine to veryfine and very rare, only 14 issued.

£1,000

659City of St. Petersburg, 41⁄2% Loan, 1913, a group ofscrip certificates for £20 bonds, blue (15), and £100bonds, red (2), generally fine to very fine, some better.

£100

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Railways

660Armavir-Touapse Railway Company, 41⁄2% Loan,1909, bond for £500, no.C00957, red and black, withcoupons, extremely fine and scarce thus.

£100

661Armavir-Touapse Railway Company, 41⁄2% Loan,1909, bond for £500, no.C01088, ornate border, redand black, with coupons, good very fine.

£100

662Baltic Railway Company, certificate for 1 dividendshare, 1872, small vignette of steam train in centralmedallion, brown and black, text in Russian andGerman, with coupons, top left corner missing justtouching the design, good fine.

£120

663Kahetian Railway Company, 41⁄2% Loan, 1912, bondfor £500, no.C28756, only 300 issued, ornateborder, red and black, with coupons, extremely fine.

£150

664Kokand Namangan Railway Company, 41⁄2% Loan,1910, bond for £500, no.C8527, ornate border, redand black, with coupons, damaged at right withconsiderable paper loss, poor but very rare, only 80 issued.

£80


665Moscow-Smolensk Railway, 5% Loan, 1869, bondfor 1000 taler, no.2323, underprint vignette of steamengine and tender, pink and black, with coupons, only2,400 issued, almost extremely fine and scarce.

£40

666Moscow-Windau-Rybinsk Railway Co., 4% Loan,1899, bond for £500, no.871, ornate border, red andblack, with coupons, fine to very fine.

£100

667Riasan-Koslow Railway Company, £100 share,Moscow 1865, no. 7354, issued circa 1886, ornateborder, mauve, brown and black, with coupons, almostextremely fine and rare.

£200

668Transalaska-Siberian Railway Co., provisionalcertificate for $100 bond, new York 1909, no.1288,ornate border, black and green, text in French andEnglish, with coupons, about very fine.

£100

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Commercial and Industrial669Commercial Bank of Siberia, a group of certificates(10) comprising 1905 issue, 1 share (3), 2 dated 1904on reverse and one dated 1912; 1907 issue, 2 shares(2), 5 shares; 1909 issue, 3 shares; 1912 issue, 1 share,2 shares and 10 shares, some with coupons, mixedcondition but generally fine to very fine. (10)

£100

670Soc. Cotonnière Russo-Française, pair of certificatesfor 500 franc share, Paris 1900, no.12586, and 5%bond for 500 francs, Paris 190[13], no.10938, both ofthe same design of a large factory with female workersat spinning wheel and loom at each side, blue andgreen respectively, with coupons, the first with a rustmark along fold at right and the second with a smallspike hole otherwise very fine and attractive. (2)

£50

671Société d’Éclairage de la Capitale, a group ofnominative share certificates (36) for 100 silverroubles each, 1864, issued to either John BlytheRobinson Esq., solicitor in Beverley, Yorkshire or JohnAnthony hudson, also of the same town, ornateborder, red and black, many with coupons, most havewater damage to the very top edge otherwise unfoldedand very fine to extremely fine. (36)

£300

672Soc. Gen. de Hauts Fourneaux Forges & Aciériesen Russie, 41⁄2% bond, 500 francs, Paris 1900, lovelypiece with vignettes around border of steam engine,steamboat, ironworks, smelters and stamps, green,yellow underprint, with coupons; other French andBelgian companies operating in Russia, including Soc.Metallurgique de L’oural-Volga, 100 franc share,1899; Charbonnages de Pobedenko, founders shareand 100 franc share, both 1900, and others (10),generally very fine and better. (14)

£80

673Hollandsche Maatschappij tot Zout-Exploitatie inRusland, 500 silver rouble share, Den haag 1910,no.190, ornate border, black and brown, withcoupons, good very fine.

£50

674La Habanera, Societe Anonyme Belge pourL’Industrie des Tabacs en Russie, 250 franc share,Bruxelles 1900, no.4792, unusual design with coats ofarms and numerous cigars around border, brown andblue, with coupons, good very fine.

£50


675La Habanera, Societe Anonyme Belge pourL’Industrie des Tabacs en Russie, ordinary share ofno par value, Bruxelles 1900, no.3195, unusual designwith coats of arms and numerous cigars aroundborder, black and blue, with coupons, top edge a littleuneven otherwise very fine.

£50

676St. Petersburg Land and Mortgage Company Ltd.,5% debenture for £20, 1912, facsimile signature ofEvelyn hubbard, lovely city view at top, ornateborder, red and black, with coupons, printed byWaterlow & Sons, good very fine.

£50

A British Company, registered 1911, struck off Register1949. Evelyn Hubbard was an active merchant inRussia from 1875 and a Director of the Bank ofEngland from 1890.

677St. Petersburg Land and Mortgage Co. Ltd., £100debenture, 19[12], numbers B2072 and B2073, veyattractive pieces with bird’s eye view of city at top,ornate border, blue and black, printed by Waterlow &Sons, with coupons, both extremely fine. (2)

£100

UNITED STATES OF AMERICA678A collection of American certificates (76) includingTerminal City Co. Ltd., $10 shares, 18[91], steamshipand steam train, uncancelled; Lehigh Coal andnavigation Co., $50 shares, 18[66]; Marine and RiverPhosphate Company (SC), $10 shares, 188[3], sailingship in centre; kentucky Union Land Company,18[91]; South Gila Canal Co., 1st mortgage 5% goldbond, 1892; Atlantic Dock Company, Brooklyn18[1910], attractive vignette of the large docks;Crystal Water Company, 6% 1st Mortgage Gold Bond,$1000, 1890; Metropolitan Associates of new York,6% 20-year bond, 1907, $1000, steamship on riverwith bridge in background, and, Fidelity Loan andTrust Co., 18[89], some modern, a little duplication,several cancelled, generally very fine or thereabouts.(76)

£200

State Loans

679State of Alabama, 8% gold bond, 1870, $1000, in aidof the Alabama & Chattanooga Rail Road Company,handsigned by the Governor, large format withallegorical female at top, green and black, red seal,with coupons, creased, fine to very fine and scarce.

£120

680State of Arkansas, 7% Levee Bond, $500, 187[1],no.1520, paddle steamers and other craft plying theriver, allegorical females in bottom corners, black, redunderprint, with coupons, good very fine.

£60

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681State of Arkansas, 7% Levee Bond, $500, 187[1],no.2350, paddle steamers and other craft plying theriver, allegorical females in bottom corners, black, redunderprint, with coupons, good very fine.

£50

682Territory of Florida, 6% loan, [1838], $1000, infavour of the Union Bank of Florida, no.B 1628,attractive piece with early steam train with shippingand dockside in background, farmers in bottomcorners, black, with coupon sheet for payment ofinterest in London, good very fine and scarce.

£350

683Territory of Florida, 6% loan, [1838], $1000, infavour of the Union Bank of Florida, no.D 2624,attractive piece with early steam train with shippingand dockside in background, farmers in bottomcorners, black, with coupon sheet for payment ofinterest in London, good very fine and scarce.

£350

684Territory of Florida, Bank of Pensacola, 6% bondfor $1000, 1835, no.B93, black, pink paper seal, withcoupon sheet and another sheet for payment ofcoupons in London, some foxing, about very fine.

£200

685State of Georgia, Act of october 17th 1870, 7% goldbond for $1000, no.6, signed by the Governor ofGeorgia and the Secretary of State, attractive piecewith vignettes of the Georgia arch of Constitution,allegorical females, sailors and men loading wagon,green and black, with coupons, very fine and scarce.

£150


686State of Louisiana, 5% bond for the Charity hospitalof new orleans, 1832, $1000, no.17, signed by theGovernor of Louisiana, Andre B. Roman,scrollwork at left and right, black, with attachedcertificate of the Charity hospital allowing interest tobe paid without presentation of any transfer certificate,embossed cancelled, no coupons remain; togetherwith other Louisiana certificates (5) and 5 sheets of 4x Baby bonds, folds but fine to very fine and rare. (11)

£250

687New York Canal Department, Enlargement loan(for the enlargement of the Erie, oswego, Cayuga andSeneca canals), 1855, certificate for ($2500), 18[67],canal lockgates at right, three portraits includingGeorge Washington, arms at top, black; 6% sinkingfund loan, 1857, certificate for [$1000], 18[65],lockgates at left, arms top, black; ohio Canal Stock,Loan of 1842, certificate for [$1000], 18[49], canalwith millhouse and steam train at top, black, all hole orcut cancelled, fine to very fine. (3)

£120

Confederate Bonds688A group of 4 Confederate bonds, comprising Act ofAugust 19th 1861, $50 bond redeemable July 1881,with coupons, edges a little creased; Act of February20th 1863, bonds for $100, $500, and $1000,‘Stonewall’ Jackson in centre, the last discoloured alongfolds, fine, the remainder very fine. (4)

£120

689Act of January 29th 1863, 7% Cotton Loan, bondfor £200, no.1164, allegorical female with flag andbales, text in English and French, black, grey-brownunderprint to coupons (Ball 157), good very fine.

£250

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Railroads690A collection of American Railroad certificates,(47), 1860’s to 1950’s, a few unissued, includingChicago, Brazil and ohio River Railroad & Coal Co.,first mortgage bond, 1881, $100/£20; Atlantic andPacific Railroad Co., Western Division, Incomemortgage bond, $1000, 1880; new York & oswegoMidland Rail Road, $500, 1868, issued by the Townof Volney; Central Transportation Company, $50shares, 18[75]; Wagner Palace Car Co., $100 shares,189[3]; Pittsburgh, Fort Wayne and Chicago RailwayCo., guaranteed stock scrip, 18[69]; Buffalo,Rochester and Pittsburgh Railroad Co., $100common stock, 188[6]; Chicago, Rock Island &Pacific Railway Co., $100 shares, 19[02] and Flint andPere Marquette Railroad Co., $100 shares, 188[8],mostly very fine, a few better. (47)

£200

691Beech Creek, Clearfield and South Western RailRoad Co., partly issued certificate for $50 shares, 18-(circa 1880), no.A34, signed by CorneliusVanderbilt Jr. as treasurer, steam train at top, brownand black, stamped and hole cancelled with several smallholes in the upper part of the signature, good very fine.

£50

692Cleveland, Cincinnati, Chicago and St. LouisRailway Co. (OH & IN), registered first collateraltrust mortgage 4% gold bond, $10,000, [1917],no.C316, signed by W.K. Vanderbilt Jr. as vicepresident, steam train at station, stoker at right,brown and black, counterfoil reglued at left, hole andstamped cancelled with 4 holes over the signature, goodvery fine.

£50

693Henderson & Nashville Rail Road Company (KY),7% bond for $1000, 1854, no.669, steam train incentre, portraits in bottom corners and allegoricalfigures at either side, black, with coupons, splits andseparations at folds, grubby surface, only fair butunrecorded by Cox.

£100

694Indiana Harbor Belt Railroad Co., registered 50-year general mortgage bond, $5000, 19[12],no.C121, issued to Alfred G. Vanderbilt andsigned by W.K. Vanderbilt as vice president of theMichigan Central Railroad Co. on the reverse,steam train at top, orange and black, ABnCo.,counterfoil reglued at left, neatly hole cancelled with onlyone small hole at the beginning of the signature, goodvery fine.

£60

695Lake Shore and Michigan Southern RailwayCompany, a specimen 25-year 4% Gold Bond, $1000,1903, from the American Bank note Co. archives,vignette of river scene with steam train in background,ornate border, olive-green and black, with coupons,numbered 00000, stamped SPECIMEn and holecancelled in signature area, near extremely fine.

£60


696Lake Shore and Michigan Southern RailwayCompany, a specimen 25-year 4% Gold Bond, $5000,1903, from the American Bank note Co. archives,vignette of river scene with steam train in background,ornate border, brown and black, with coupons,numbered 00000, stamped SPECIMEn and holecancelled in signature area, about extremely fine.

£80

697Marietta and North Georgia Railway Co., 6% firstmortgage consolidated gold bond, $1000, 1887,no.876, steam train pulling into crowded station,brown and black, printed by homer Lee, withcoupons, not cancelled, good very fine.

£50

698Michigan Central Rail Road Co., 5% registeredbond for $5000, secured on the Detroit an Bay CityRail Road, 188[1], no.60, issued to William H.Vanderbilt and signed by Cornelius Vanderbilt as(vice) president, steam train flanked by allegoricalfemale and shepherd, brown and black, hole andstamped cancelled, two small holes touch the signature,very fine.

£60

699Michigan Central Rail Road Co., 5% registeredbond for $5000, secured on the Detroit an Bay CityRail Road, 188[5], no.949, issued to William K.Vanderbilt and signed by him on the reverse, steamtrain flanked by allegorical female and shepherd,brown and black, counterfoil reglued at left, hole andstamped cancelled, two small holes touch the end of thesignature, very fine.

£60

700New York & Harlem Rail Road Co., $50 shares,187[2], no.14474, signed by W.H. Vanderbilt aspresident, steam train passing under bridge,allegorical figures and dogs head at left, black,impressed duty stamp Rn-T4 in centre, stamped andhole cancelled, very fine.

£120

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701New York & Harlem Rail Road Co., $50 shares,187[3], no.16176, signed by W.H. Vanderbilt aspresident, steam train passing under bridge,allegorical figures and dogs head at left, black,impressed duty stamp Rn-U1 in centre, stamped andhole cancelled, very fine.

£120

702Pine Creek Railway Co. (PA), registered firstmortgage 6% bond, 18[85], $1000, no.301, signedby W.H. Vanderbilt and Chauncey Depew astrustees, farmer at top left, ‘Justice’ at right, brownand black, hole cancelled, good very fine.

£50

703Spuyten Duyvil and Port Morris Rail Road Co.(NY), scrip certificate for 10% payment on one share,18[69], no.1, in the name of John Audubon andsigned by Cornelius Vanderbilt as treasurer bothon back and front, black, adhesive duty stamp, inkcancelled through signature on front but reverse isvery clear, chip out of bottom edge, very fine.

£100

704Utica and Mohawk Valley Railway Company(NY), less than 100 preferred shares of $100, 19[07],no.A36, signed by W.K. Vanderbilt as [vice]President, trolley car and wagon and horses at top,green and black, counterfoil reglued at left, holecancelled, good very fine.

£50

Shipping and Shipbuilding

705War of 1812: a very interesting certificate forquarter share in the prize money made by thePrivateer ‘Prince of Neufchatel’, during its present‘cruise’, Boston 1814, fully printed piece with name ofholder inserted by hand, signed by the ship’scommander nicholas Millin, together with a printedtransfer document assigning the share to anotherofficer, also 1814, the two attached by wax at top edge,about very fine and fine. (2)

£400

The Prince of Neufchatel was a brig, built in 1813 andsoon after being armed and licensed as a privateer. Shehad a good but short career causing great aggravation tothe British Navy before being captured by HMS Leanderin December 1814.

706Importing and Exporting Company of SouthCarolina, $1000 shares, Charleston 186[3], no.79,small format piece, black, embossed seal, overalldiscolouration, split along fold, fine but rare.

£200

A well known blockade runner during the Civil War.


707International Mercantile Marine Co., a group ofcertificates comprising 10 preferred shares (8), slate,100 preferred shares (21), green, ‘less than 100preferred shares (15), mauve, 10 shares of no par value(2), brown, and, 100 shares of no par value (3),orange, date range 1920’s and 30’s, all with vignetteof 4 funnel steamship at top, all cancelled, generallyvery fine. (49)

£150

A company best known for it’s ownership of the Titanic.

708Merchants Steamship Company of Bristol, RhodeIsland, $100 shares, 18[65], no.83, single funnelsteamer at bottom, allegorical female with ship andanchor at top, black, adhesive duty stamp to left, veryfine.

£80

709Natchez Steam Boat Company, certificate no. 14 for20 shares of $50, natchez 181[8], small vignette ofpaddle steamer at top, black, together with a cheque ofthe company dated 181[21], also with the samevignette, the first has piece missing from the bottom rightcorner not affecting the text, fine and about very fine.(2)

£200

710New York & Havre Steam Ship Co., $100 shares,18[66], lovely vignette of paddle steamer, black,adhesive revenue stamp, stuck down along top edge butshould be easily removable; together with othercertificates related in ships and shipping (26) includingold Colony Steamboat, $1000 bond, 1893; Americanhawaiian Steam Ship Co., partially issued sharecertificate, 1[906]; Submarine Signal Co.. less than100 shares (3), 1921, 1939 and 1941, 100 shares,unissued (2); Boston & Philadelphia Steamship Co.,unissued, 189-; Detroit and Cleveland navigationCo., 100 shares, 1938; Standard Cordage Company,less than 100 shares, 1906 (3), $100 bond (1) and$1000 bonds (4), and, other companies (9), all withvignettes, mostly cancelled, mixed condition butgenerally very fine. (27)

£150

711New York Dock Company, first mortgage 4% goldbond, 1901, $500, no.14250, lovely vignette of shipbeing unloaded at dockside, steamship making way atbottom, green and black, with coupons, good very fine.

£80

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Mining and Oil

712American Illuminating Oil Company (NY), $10shares, 18[65], no.155, vignette of oil wells andstorage tanks, black, adhesive duty stamps, fine to veryfine.

£120

713Bertha and Edith Gold Mining Company (NY),$10 shares, 18[78], miners at work sluicing for gold,black, Mine in Goochland County, Virginia, and takenover by the Tagus Mining and Milling Company in1882; together with other mining certificatesincluding Quincy Mining Company, 18[58]; MaryMurphy Gold Mining Co., 19[09], miners at workunderground (3 examples); new Utah BinghamMining Co., $2.50 shares, 19[12] (4 examples);Butler Iron Co., 19[18]; La Rose Mines Ltd.,ontario, 1922; Calumet and Arizona Mining Co.,1922; Comstock Tunnel & Drainage Co., $500 bond,1919; Central Fuel oil Co., 1911, and north ButteMining Co., 1905, fine to very fine, some better. (15)

£100

714Corona Queen Mining Company (NM), a group of88 certificates for $5 shares, 19[08], allegorical femaleat top left, green and black with gold seal, a handfulhave condition problems otherwise very fine to extremelyfine. (88)

£250

The mine was in Lincoln County, New Mexico, about100 miles from Albuquerque.

715Cripple Creek (Bull Hill) Finance & DevelopmentCo. Ltd., 10 shilling shares, 1900 over 189-, no.43,ornate border, green, very fine.

£80

Registered in England to promote a gold miningproperty, not on the rich Bull Hill as the name impliedbut on Big Bull Hill a relatively unexplored area ofCripple Creek.

716Dayton Coal & Iron Company Ltd., a group of 50certificates for £100 shares, fully paid, 18[84], in thename of either Titus Salt, Edward Salt or CharlesStead, all of the famous spinning and manufacturingfirm based at Saltaire, near Bradford, Yorkshire,scrollwork at left, black on grey paper, large red seal,together with a handwritten account of shares fromthe Sheffield Banking Company also dated 1884, somesurface dirt at edges, very fine to extremely fine. (50)

£300

This English company was formed to acquire the coaland iron mines in Rhea County, Tennessee in 1884.


717Montana Mines: a fine collection of certificates,mainly from the Butte area comprising original ButteMining Co., 188[1]; Basin Gold and Copper MiningCo., 1[899]; Butte Copper Exploration Co., 190[6];north Butte Extension Copper Mining Co., 190[7];British Butte Mining Co., 190[7]; Gold hill CopperCo., 19[08]; Illinois Gold Mining and Milling Co.,190[9]; king & Queen Mining Co., 19[12]; keatingGold Mining Co., 19[11]; Butte Central Mining &Milling Co., $500 bond, 1914; Corbin Copper Co.,[1914]; Butte & London Copper Development Co.,19[14]; Maxville Gold & Silver Mining &Development Co., 19[29]; an unissued ButteTombstone Co., 190-, and, an English prospectus forthe Cataract Copper Mining Co., 1905, mixedcondition but no damaged pieces, fine to very fine. (15)

£150

718Oregon Gold Mining Company of Louisville,Kentucky, $10 shares, 188[6], no.46, allegoricalfemale with cornucopia, black, gold seal, very fine.

£80

719A good group of British companies owning minesin the United States (11), Appalachian Ltd., 5/-shares, 18[89]; British American Co-operative MiningAssociation Ltd., £1 shares, 188[2], uneven left edge;Eberhardt Co. Ltd., £1 shares, 18[81]; Golden LeafLtd., £1 shares, 189[0]; holcomb Valley Co. Ltd.,5/- shares, 189[5], rusty pin hole; Jackson Explorationand Development Co. Ltd., 4 pence shares, 190[0];Malpaso Gold Washing Co. Ltd., £1 shares, 1872, inkstain at bottom right; Mountain Ledge Gold MiningCo. Ltd., £1 shares, 189[0], edge tear; nouveauMonde Gold Mining Co. Ltd., £1 shares, 188[8];Saturn Silver Mining Company of Utah Ltd., £5 share,1871, and Utah Silver-Lead Mining Co. Ltd., £5shares, 18[73], this with spike hole and rusty clip mark,generally fine to very fine. (11)

£150

Commercial and Industrial720American Breweries: a small group of Britishcompanies owning breweries in the United States,comprising Emerald and Phoenix Brewing Co. Ltd.,£10 8% cumulative preference shares, 18[89]; SanFrancisco Breweries Ltd., £10 ordinary shares, 189[1];Bartholomay Brewing Company (of Rochester) Ltd.,£10 ordinary shares, 19[14], a few tone spots, filingholes at top, and, Frank Jones Brewing Co. Ltd., £5ordinary shares and £10 preference shares, both19[06], fine to very fine. (5)

£80

721American Merchants Union Express Company,certificate for $100 shares, 186[9], no. 5754, signedby William Fargo as President, vignette of wagonand cargo at dockside, dog’s head at left, black,impressed 5 cent duty stamp, diamond hole cancels,good very fine.

£80

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722Bank of the United States, certificate for 10 shares,Philadelphia 18[40], no.14421, issued to JohannesStoop of Amsterdam, Liberty with eagle and USshield, sailing ship in background, black, good very fine.

£100

723Emerald and Phoenix Brewing Co. Ltd., a set ofspecimen debentures from the Bradbury, Wilkinson &Co. archive, comprising 5% ‘A’ debentures, 1889, for£1000 (numbered 001-050), black with redunderprint, £200 (numbered (051-300), black withgreen underprint, and 5% ‘B’ debentures, 1889, £200(numbered 301-750), black with blue underprint, allwith ornate borders, all coupons, small hole cancels,extremely fine. (3)

£120

724Great Southern Lumber and Railway SupplyCompany, first mortgage 6% bond, $50, 1882,no.1112, large format piece with vignette of steamtrain in centre, green and black, with coupons, veryfine.

£50

725North American Transportation and TradingCompany (IL), $100 shares, Chicago 19[00],no.B923, signed by Michael Cudahy as president,steam train, lake with shipping and snow cappedmountain, green and black, adhesive revenue stamp,about extremely fine.

£80

726Tabard Inn Corporation (NJ), preferred stockcertificate for $10 shares, 19[04], no.A4663, historicInn at top, lamp post and signposts at either side,brown and red, good very fine.

£60


WEST INDIES727Western Jamaica Connecting Railway from OldHarbour to Savannah-La-Mar & Montego Bay,scrip certificate for 20 shares of £25 being a deposit of£1 7s 6d per share, London 1845, no.4921-4940,Jamaican coat of arms in centre, scrollwork left,brown, extremely fine.

£50

728Société Anonyme des Rhummeries du Mouillage,500 franc nominative share, Saint Pierre 188[3],no.989, of 2,000 issued, ornate scrollwork borderwith vignettes of goods at dockside, industrial scenesand cherubs, black and blue, with coupons, good veryfine.

£50

END OF THE SALE

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Written Bids FormThis form should be sent or faxed to be received bySpink Commission Bids office in advance of the sale.References should be supplied in good time to be takenup before the sale. Bids received later than one hourbefore the start of the sale may not be processed.

69 Southampton Row, Bloomsbury, London WC1B 4ETTel: (020) 7563 4020/4005Fax: (020) 7563 4037

Sale Title Date Code Name Sale No.Bonds and Share Certificates Friday 20 May 2011 MARINE 11006of the World at 10.00 a.m.I request Spink, without legal obligations of any kind on its part, to bid on the following Lots up to the price given below.I understand that if my bid is successful the Purchase Price payable will be the sum of the final bid and a premium as a percentage of the final bid (togetherwith any VAT chargeable). The Rate of Premium is 20% of the final hammer price; VAT is chargeable on the purchase price of daggered (†) and (Ω) lots atthe standard rate (currently 20%), and on lots marked (x) at the reduced rate (currently 5% on the hammer and 20% on the premium). VAT on Margin Schemelots is payable at 20% on the premium only. All bids shall be treated as offers made on the Terms and Conditions of Buyers printed in the catalogue. I alsounderstand that Spink provides the service of executing bids on behalf of clients for the convenience of clients and that Spink will not be held responsible forfailing to execute bids. If identical commission bids are received for the same Lot, the commission bid received first by Spink will take precedence. Please notethat you will not be notified if there are higher written bids received. If you require such notification then this is available on bids made via Spink’s online service.

PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN STERLING

You can also bid real time on Spinklive. Just visit www.spink.com to register

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Payment made by Mastercard or Visa are subject to a 2% surcharge and American Express 4%.

Card no: Start Date: Issue no: Security Code:

Signature Expiry Date name (on credit card)

Please charge all purchases to my card

Do not charge my card. I will arrange to send payment. (Spink will only charge your card should you default on the paymentterms agreed)

Please hold my purchased lots for collection Continued...

Please note that the Buyer’s Premium is 20% of the final hammer price of each lot

Lot number(in numerical order)

Price Bid £(excluding Buyer’s Premium)





Client number (if known): ................................................name: .....................................................................................(Invoice name, please print)

Address: .......................................................................................................................................................................................................

..................................................................................................................................................Postcode: ...................................................

Tel. (home): .................................................................................(office): ...............................................................................................

Fax: ................................................................................................E-mail: .................................................................................................

Signature: ......................................................................................

Please indicate the type of card: Visa � Visa Debit � Mastercard � Switch � American Express �


PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN STERLING

References required for clients not yet known to Spink

Bank name: .....................................................................................................................

Bank Address: .................................................................................................................................

.........................................................................................................................................................

...................................................................................... Postcode: ................................................

Account number: ...........................................................................................................................

Date: ..............................................................................................................................................







Sale No. 11006 Date: Friday 20 May 2011


Spink & Son Ltd69 Southampton Row

BloomsburyLondon WC1B 4ET

Telephone: (020) 7563 4000

AUCTION RESULTSSale: The John Goudey Collection of Bonds

& Other Properties

Sale no: 11012

Date: Saturday 22 January 2011

Venue: Hong Kong

The following prices in hk$ do not include the buyer’s premium and are rounded to thenearest hk$. Lots which did not sell are not shown.

Spink & Son are not responsible for typographical errors or omissions.

Lot Price

1179 hk$2,2001180 hk$7,5001181 hk$5,0001182 hk$6501183 hk$6,0001184 hk$4,2001185 hk$2,4001186 hk$5,0001187 hk$5,0001188 hk$14,0001190 hk$5001191 hk$8001192 hk$7001193 hk$2,8001194 hk$1,7001195 hk$2,0001196 hk$1,8001197 hk$1,3001198 hk$1,9001199 hk$7001200 hk$2,8001201 hk$1,1001202 hk$3,2001203 hk$1,9001204 hk$1,6001205 hk$1,2001206 hk$4501207 hk$7501208 hk$1,5001209 hk$2,6001210 hk$7,5001212 hk$1,3001214 hk$7501216 hk$500

Lot Price

1145 hk$1,7001146 hk$4,0001147 hk$1,7001148 hk$5,0001149 hk$6,0001150 hk$1,5001151 hk$5,0001152 hk$3,2001153 hk$14,0001154 hk$21,0001155 hk$4,0001156 hk$7,5001157 hk$2,4001158 hk$1,0001159 hk$1,0001160 hk$1,6001161 hk$2,5001162 hk$2,6001163 hk$1,2001164 hk$2,2001165 hk$1,0001166 hk$9001167 hk$8,5001168 hk$4,6001169 hk$3,2001170 hk$5,5001171 hk$3,0001172 hk$1,7001173 hk$1,0001174 hk$2,4001175 hk$2,5001176 hk$1,1001177 hk$7,0001178 hk$2,000

Lot Price

1107 hk$3,4001108 hk$2,2001109 hk$2,0001111 hk$1,8001112 hk$2,0001113 hk$7,0001114 hk$4,2001115 hk$4,6001116 hk$4,2001117 hk$3,6001118 hk$2,6001119 hk$4,0001120 hk$3,4001121 hk$1,0001122 hk$1,0001123 hk$3,0001124 hk$1,4001125 hk$7001126 hk$4,8001127 hk$3,6001128 hk$3,2001129 hk$1,9001130 hk$3,2001131 hk$3,0001132 hk$5,0001133 hk$2,5001135 hk$2,0001136 hk$9001139 hk$3,2001140 hk$1,2001141 hk$7001142 hk$5,0001143 hk$9001144 hk$1,400

Lot Price

1072 hk$1,0001073 hk$1,6001074 hk$1,3001075 hk$8001076 hk$8001077 hk$1,1001078 hk$5,5001079 hk$3,5001081 hk$4,6001082 hk$3,4001083 hk$1,2001084 hk$3,8001085 hk$1,9001086 hk$3,8001087 hk$1,1001088 hk$1,3001089 hk$2,0001090 hk$4,8001091 hk$3,6001092 hk$4,8001093 hk$1,8001094 hk$6,5001095 hk$1,6001096 hk$3,6001097 hk$6,0001098 hk$3,8001099 hk$4,8001100 hk$2,0001101 hk$6,5001102 hk$1,3001103 hk$1,3001104 hk$1,6001105 hk$3,0001106 hk$2,000

Lot Price

1035 hk$1,9001036 hk$2,2001037 hk$1,8001038 hk$2,0001039 hk$3,8001040 hk$4,8001041 hk$3,0001042 hk$17,0001043 hk$3,6001044 hk$2,0001045 hk$4,6001046 hk$5,5001047 hk$4,6001048 hk$6,0001049 hk$46,0001051 hk$3,0001052 hk$21,0001054 hk$1,3001055 hk$1,3001056 hk$2,4001057 hk$1,4001058 hk$1,3001059 hk$1,4001060 hk$1,5001062 hk$2,0001063 hk$3,2001064 hk$4,6001065 hk$1,1001066 hk$4,2001067 hk$3,5001068 hk$3,5001069 hk$2,5001070 hk$2,5001071 hk$3,200

Lot Price

1001 hk$3,6001002 hk$3,6001003 hk$1,0501004 hk$4,4001005 hk$4,6001006 hk$2,6001007 hk$3,8001008 hk$8,0001009 hk$3,6001010 hk$3,4001011 hk$2,6001012 hk$2,4001013 hk$10,0001014 hk$4,4001015 hk$3,8001016 hk$2,8001017 hk$10,0001018 hk$7,0001019 hk$5,5001020 hk$21,0001021 hk$2,8001022 hk$3,2001023 hk$5,2001024 hk$4,8001025 hk$17,0001026 hk$17,0001027 hk$6,5001028 hk$11,0001029 hk$2,6001030 hk$2,2001031 hk$1,1001032 hk$4,8001033 hk$6,0001034 hk$1,100


1217 hk$6501218 hk$1,6001219 hk$1,6001220 hk$7001221 hk$2,5001222 hk$7501223 hk$1,2001224 hk$1,6001225 hk$1,7001226 hk$9501227 hk$1,9001228 hk$52,0001229 hk$5,5001230 hk$4,2001231 hk$4,2001232 hk$1,9001233 hk$3,8001234 hk$3,2001235 hk$5,5001236 hk$1,6001237 hk$2,1001238 hk$2,3001239 hk$21,0001240 hk$4,8001241 hk$2,0001242 hk$5,8001243 hk$1,700

Lot Price1244 hk$3,2001245 hk$2,0001246 hk$4,2001247 hk$1,6001249 hk$8501250 hk$2,6001251 hk$7,0001252 hk$1,4001253 hk$1,0001254 hk$1,7001255 hk$22,0001256 hk$3,8001257 hk$6001258 hk$1,7001259 hk$3,5001260 hk$1,6001261 hk$11,0001262 hk$2,5001263 hk$1,3001264 hk$9,0001265 hk$1,3001266 hk$1,4001267 hk$4,0001268 hk$3,5001269 hk$5,2001270 hk$1,7001271 hk$1,600

Lot Price1272 hk$6501273 hk$1,6001274 hk$8501275 hk$3,2001276 hk$7501277 hk$7501278 hk$9001279 hk$2,6001280 hk$1,7001281 hk$38,0001282 hk$2,2001283 hk$1,1001284 hk$7501285 hk$5,2001286 hk$8501287 hk$2,6001288 hk$1,4001289 hk$1,6001290 hk$2,9001291 hk$2,5001292 hk$5501293 hk$19,0001294 hk$8,5001295 hk$9,0001296 hk$20,0001297 hk$16,0001298 hk$2,600

Lot Price1299 hk$1,3001300 hk$1,0001301 hk$7501302 hk$6001303 hk$1,6001304 hk$1,6001305 hk$6001306 hk$1,3001307 hk$1,6001308 hk$2,0001309 hk$1,7001310 hk$2,3001311 hk$1,9001312 hk$2,6001313 hk$1,9001316 hk$4,0001317 hk$1,1001318 hk$1,6001319 hk$2,0001320 hk$1,8001321 hk$4,5001322 hk$1,9001323 hk$2,0001324 hk$1,7001325 hk$1,3001326 hk$1,6001327 hk$4,200

Lot Price1328 hk$2,5001329 hk$2,3001330 hk$3,2001331 hk$6,5001332 hk$4,8001333 hk$5,2001334 hk$3,8001335 hk$3,0001336 hk$2,6001337 hk$9501338 hk$3,8001339 hk$1,8001340 hk$1,5001341 hk$1,3001342 hk$1,5001343 hk$10,0001344 hk$3,8001345 hk$5,2001346 hk$5,2001347 hk$10,0001348 hk$2,2001349 hk$3,0001350 hk$1,5001351 hk$1,6001352 hk$8001353 hk$8001354 hk$950

Lot Price1355 hk$5,0001356 hk$1,8001357 hk$13,0001358 hk$13,0001359 hk$4501360 hk$1,5001361 hk$6001362 hk$10,0001363 hk$4501364 hk$2,6001365 hk$1,0001366 hk$2,6001367 hk$3,2001369 hk$5501371 hk$1,4001372 hk$8001373 hk$7001375 hk$1,8001376 hk$1,9001377 hk$3,5001378 hk$1,000

Lot Price


TERMS AND CONDITIONS FOR BUYERSThese conditions set out the terms on which we (Spink and Son Limited of 69 Southampton Row, Bloomsbury London WC1B 4ET (company no. 04369748)) contractwith you (Buyer) either as agent on behalf of the Seller or as principal if we are the Seller. You should read these conditions carefully.

Spink Uni (12/09) (20)

1 DEFINITIONSThe following definitions in this condition apply in these conditions.

Auctioneers’ Margin Scheme means a VAT margin scheme as defined by hM Revenue & Customs;

Buyer’s Premium means the charge payable by you as a percentage of the hammer Price, at the rates set out in clause 5.1 below;

Certificate of Authenticity means a certificate issued by an Expert Committee confirming the authenticity of a Lot;

Expert Committee means a committee of experts to whom a Lot may be sent for an extension in accordance with clause 3.4.3;

Forgery means a Lot constituting an imitation originally conceived and executed as a whole with a fraudulent intention to deceive as toauthorship, origin, age, period, culture or source where the correct description as to such matters is not reflected by the descriptionin the catalogue and which at the date of the auction had a value materially less than it would have had if it had been in accordancewith the description in the catalogue. Accordingly, no Lot shall be capable of being a Forgery by reason of any damage and/orrestoration work of any kind (including re-enamelling);

Hammer Price means the amount of the highest bid accepted by the auctioneer in relation to a Lot;

Lot means any item deposited with us for sale at auction and, in particular, the item or items described against any Lot number in anycatalogue;

Reserve the amount below which we agree with the Seller that the Lot cannot be sold;

Seller means the owner of the Lot being sold by us;

Spink Group Spink and Son Limited, our subsidiaries and associated companies.

VAT value added tax chargeable under VAT and any similar replacement or additional tax; and

VAT Symbols means the symbols detailing the VAT status of the Lot details of which are set out at the back of the catalogue.

2 SPINK’S ROLE AS AGENT

2.1 All sales undertaken by us either at auction or privately are undertakeneither as agent on behalf of the Seller or from time to time, as principalif we are the owner of the Lot. Please note that even if we are acting asagent on behalf of the Seller rather than as principal, we may have afinancial interest in the Lot.

2.2 The contract for the sale of the Lot will be between you and the Seller.

3 BEFORE THE SALE

3.1 Examination of goodsYou are strongly advised to examine personally any goods in which youare interested, before the auction takes place. Condition reports areusually available on request. We provide no guarantee to you otherthan in relation to Forgeries, as set out in clause 5.13 of these Termsand Conditions.

3.2 Catalogue descriptions

3.2.1 Statements by us in the catalogue or condition report, or madeorally or in writing elsewhere, regarding the authorship, origin,date, age, size, medium, attribution, genuineness, provenance,condition or estimated selling price of any Lot are merelystatements of opinion, and are not to be relied on as statements ofdefinitive fact. Catalogue illustrations are for guidance only, andshould not be relied on either to determine the tone or colour ofany item or to reveal imperfections. Estimates of the selling priceshould not be relied on as a statement that this price is either theprice at which the Lot will sell or its value for any other purpose.

3.2.2 Many items are of an age or nature which precludes their beingin perfect condition and some descriptions in the catalogue or givenby way of condition report make reference to damage and/orrestoration. We provide this information for guidance only and theabsence of such a reference does not imply that an item is free fromdefects or restoration nor does a reference to particular defectsimply the absence of any others.

3.2.3 other than as set out in clause 5.13, and in the absence of fraud,neither the Seller nor we, nor any of our employees or agents, areresponsible for the correctness of any statement as to theauthorship, origin, date, age, attribution, genuineness orprovenance of any Lot nor for any other errors of description or forany faults or defects in any Lot.

3.3 Your Responsibility

You are responsible for satisfying yourself as to the condition of thegoods and the matters referred to in the catalogue description.

3.4 Extensions – Stamps only

3.4.1 If you wish to obtain an expert opinion or Certificate ofAuthenticity on any Lot (other than a mixed Lot or Lot containingundescribed stamps) you must notify us in writing not less thanforty-eight hours before the time fixed for the commencement ofthe first session of the sale. If accepted by us, such request shall havethe same effect as notice of an intention to question thegenuineness or description of the Lot for the purposes of clause5.13 of these Terms and Conditions and the provisions of clause5.13 shall apply accordingly.

3.4.2 notice of a request for an expert opinion or Certificate ofAuthenticity must give the reason why such opinion is required andspecify the identity of your proposed expert which will be subjectto agreement by us.

3.4.3 If we accept a request for an expert opinion or Certificate ofAuthenticity we will submit the Lot to the Expert Committee.

3.4.4 We will not normally accept a request for an extension onaccount of condition. Any Lot described in the catalogue as havingfaults or defects may not be returned even if an expert opinion orCertificate of Authenticity cites other faults or defects not includedin the catalogue description, other than in the case of a Forgery.

3.4.5 Should Spink accept a request for an extension under theforegoing provisions of this paragraph, the fact may be stated by theAuctioneer from the rostrum prior to the sale of the Lot.

3.4.6 It should be noted that any stamp accompanied by a Certificateof Authenticity is sold on the basis of that Certificate only and noton the basis of any other description or warranty as to authenticity.no request for an extension will be accepted on such a stamp andthe return of such a stamp will not be accepted.

4 AT THE SALE

4.1 Refusal of admission

our sales usually take place on our own premises or premises overwhich we have control for the sale, and we have the right, exercisableat our complete discretion, to refuse admission to the premises orattendance at an auction.

4.2 Registration before bidding

You must complete and sign a registration form and provideidentification before making a bid at auction. Please be aware that weusually require buyers to undergo a credit check.


Spink Uni (12/09) (20)

4.3 Bidding as PrincipalWhen making a bid (whether such bids are made in person or byway of telephone bids operated by Spink, commission or online oremail bids), you will be deemed to be acting as principal and will beaccepting personal liability, unless it has been agreed in writing, at thetime of registration, that you are acting as agent on behalf of a thirdparty buyer acceptable to us.

4.4 Commission BidsIf you give us instructions to bid on your behalf, by using the formprovided in our catalogues or via our website, we shall use reasonableendeavours to do so, provided these instructions are received not laterthan 24 hours before the auction. If we receive commission bids on aparticular Lot for identical amounts, and at auction these bids are thehighest bids for the Lot, it will be sold to the person whose bid wasreceived first. Commission bids are undertaken subject to othercommitments at the time of the sale, and the conduct of the auctionmay be such that we are unable to bid as requested. Since this isundertaken as a free service to prospective buyers on the terms stated,we cannot accept liability for failure to make a commission bid. Youshould therefore always attend personally if you wish to be certain ofbidding.

4.5 On-line BiddingWe offer internet services as a convenience to our clients. We will notbe responsible for errors or failures to execute bids placed on theinternet, including, without limitation, errors or failures caused by (i) aloss of internet connection by either party for whatever reason; (ii) abreakdown or problems with the online bidding software and/or (iii)a breakdown or problems with your internet connection, computer orsystem. Execution of on-line internet bids is a free service undertakensubject to other commitments at the time of the auction and we do notaccept liability for failing to execute an online internet bid or for errorsor omissions in connection with this activity.

4.6 Telephone BidsIf you make arrangements with us not less than 24 hours before thesale, we shall use reasonable endeavours to contact you to enable youto participate in bidding by telephone, but in no circumstances will webe liable to either the Seller or you as a result of failure to do so.

4.7 Currency ConverterAt some auctions, a currency converter will be operated, based on theone month forward rates of exchange quoted to us by Royal Bank ofScotland or any other appropriate rate determined by us, at opening onthe date of the auction. Bidding will take place in a currencydetermined by us, which is usually sterling for auctions held in London.The currency converter is not always reliable, and errors may occurbeyond our control either in the accuracy of the Lot number displayedon the converter, or the foreign currency equivalent of sterling bids.We shall not be liable to you for any loss suffered as a result of youfollowing the currency converter.

4.8 Video imagesAt some auctions there will be a video screen. Mistakes may occur in itsoperation, and we cannot be liable to you regarding either thecorrespondence of the image to the Lot being sold or the quality of theimage as a reproduction of the original.

4.9 Bidding IncrementsBidding generally opens below the low estimate and advances in thefollowing order although the auctioneer may vary the biddingincrements during the course of the auction. The normal biddingincrements are:

Up to £100 by £5£100 to £300 by £10£300 to £600 £320-£350-£380-£400 etc.£600 to £1,000 by £50£1,000 to £3,000 by £100£3,000 to £6,000 £3,200-£3,500-£3,800-£4,000 etc.£6,000 to £20,000 by £500£20,000 and up Auctioneer’s discretion

4.10 Bidding by Spink4.10.1 We reserve the right to bid on Lots on the Seller’s behalf up to

the amount of the Reserve (if any), which will never be above thelow estimate printed in the auction catalogue.

4.10.2 The Spink Group reserves the right to bid on and purchaseLots as principal.

4.11 The Auctioneer’s DiscretionThe auctioneer has the right at his absolute discretion to refuse any bidto advance the bidding in such manner as he may decide to withdrawor divide any Lot, to combine any two or more Lots and, in the case oferror or dispute, to put an item up for bidding again.

4.12 Successful Bid

Subject to the auctioneer’s discretion, the striking of his hammer marksthe acceptance of the highest bid, provided always that such bid ishigher than the Reserve (where applicable), and the conclusion of acontract for sale between you and the Seller.

4.13 After Sale Arrangements

If you enter into any private sale agreements for any Lot with the Sellerwithin 60 days of the auction, we, as exclusive agents of the Sellerreserve the right to charge you the applicable Buyer’s Premium inaccordance with these Terms and Conditions, and the Seller acommission in accordance with the terms of the Seller’s agreement.

5 AFTER THE AUCTION5.1 Buyer’s Premium

In addition to the hammer price, you must pay us the Buyer’s Premiumof 20% on the final hammer price of each Lot.

5.2 Value Added Tax

other than in respect of Zero-rated Lots (o) (see VAT Symbols fordetails), VAT is payable on the Buyer’s Premium and on the hammerPrice, if the Lot has been marked with a sign to that effect in thecatalogue (see VAT Symbols for details).

5.3 VAT RefundsGeneral5.3.1 As we remain liable to account for VAT on all Lots unless they

have been exported outside the EU within 3 months of the date ofsale, you will generally be asked to deposit all amounts of VATinvoiced. however, if a Spink nominated shipper is instructed, thenany refundable VAT will not be collected. In all other cases creditswill be made when proof of export is provided. If you export theLot yourself you must obtain shipping documents from theShipping Department for which a charge of £50 will be made.

5.3.2 If you export the Lot you must return the valid proof of exportcertificate to us within 3 months of the date of sale. If you fail toreturn the proof of export certificate to us within such period andyou have not already accounted to us for the VAT, you will beliable to us for the full amount of the VAT due on such Lot and weshall be entitled to invoice you for this sum.

5.3.3 To apply for a refund of any VAT paid, the proof of exportcertificate must be sent to our Shipping Department clearly marked‘VAT Refund’ within 3 months of the date of sale. no payment willbe made where the total amount of VAT refundable is less than £50and Spink will charge £50 for each refund processed.

VAT Refunds - Buyers from within the EU

5.3.4 VAT refunds are available on the hammer Price and Buyer’sPremium of Daggered (†) and Investment Gold (g) Lots. You mustcertify that you are registered for VAT in another EU country andthat the Lot is to be removed from the United kingdom within 3months of the date of sale.

5.3.5 Where an EU buyer purchases a Lot on which import VAT hasbeen charged, no refund of VAT is available from us. It may bepossible to apply directly for a refund on form VAT 65 tohM Revenue & Customs overeseas Repayment Section,Londonderry.

VAT Refunds – Buyers from outside the EU

5.3.6 Where a Lot is included within the Auctioneers’ Margin Schemeand evidence of export from the EU is produced within 3 monthsof the date of sale, the VAT element included within the Buyer’sPremium may be refunded.

5.3.7 Where the Lot is marked as a Daggered (†) or Investment Gold(g) Lot the VAT charged on the hammer Price may be refundedwhere evidence of export from the EU is produced within 3months of the date of sale. A refund of VAT charged on the Buyer’sPremium can also be made on receipt of proof of business as acollectibles dealer.

5.3.8 Where the Lot is marked as an omega (Ω) Lot or an ImportVAT (x) Lot and evidence of export from the EU is producedwithin 3 months of the date of sale, the VAT charged on both thehammer Price and Buyer’s Premium may be refunded. Whererequired, we can advise you on how to export such Lots as a specificform of export evidence is required. Where we advise you on theexport of the Lots, please be aware that the ultimate responsibilityin respect of obtaining a valid proof of export certificate will lie withyou and we will not be responsible for your failure to obtain suchcertificate.


Spink Uni (12/09) (20)

5.4 Payment5.4.1 You must provide us with your full name and permanent address

and, if so requested, details of the bank from which any paymentsto us will be made. You must pay the full amount due (comprisingthe hammer Price, the Buyer’s Premium and any applicable VAT)within seven days after the date of the sale. This applies even if youwish to export the Lot and an export licence is (or may be)required.

5.4.2 You will not acquire title to the Lot until all amounts due to ushave been paid in full to us, even in circumstances where we havereleased the Lot to you.

5.4.3 Payment should be made in sterling by one of the followingmethods:II(i) Direct bank transfer to our account details of which are set

out on the invoice. All bank charges shall be met by you.Please ensure that your client number is noted on thetransfer.

i(ii) By cheque or bank draft made payable to Spink and Son Ltdand sent to Spink at 69 Southampton Row, Bloomsbury,London WC1B 4ET. Please note that the processing chargesfor payments made by cheques or bank drafts drawn on anon-U.k bank shall be met by you. Please ensure that theremittance slip printed at the bottom of the invoice isenclosed with your payment.

(iii) By Visa or Mastercard. A charge of 2% will be applied.Payments exceeding £5,000 can normally only be made bythe card holder in person whilst on our premises.

5.4.4 Payments should be made by the registered buyer and not bythird parties, unless it has been agreed at the time of registrationthat you are acting as an agent on behalf of a third party.

5.5 InvoicesInvoices may consist of one or more pages and will show: Zero ratedLots (o); no symbol Lots sold under the Auctioneers’ Margin Scheme;Lots marked (g) special scheme Investment Gold; Daggered Lots (†),imported Lots marked (x) and (Ω), (e) Lots with Zero rated hammerfor EU VAT registered buyers.

5.6 Collection of Purchases5.6.1 Unless we specifically agree to the contrary, we shall retain items

sold until all amounts due to us, or to the Spink Group, have beenpaid in full.

5.6.2 Unless we notify you to the contrary, items retained by us willbe covered in accordance with our policy which is available forinspection at our offices from the date of sale for a period of sevendays or until the time of collection, whichever is sooner. After sevendays or from the time of collection, whichever is the earlier, the Lotwill be entirely at your risk.

5.6.3 our policy will not cover and we are unable to acceptresponsibility for damage caused by woodworm, changes inatmospheric conditions or acts of terrorism.

5.7 NotificationWe are not able to notify successful bidders by telephone. WhileInvoices are sent out by mail after the auction we do not acceptresponsibility for notifying you of the result of your bid. You arerequested to contact us by telephone or in person as soon as possibleafter the auction to obtain details of the outcome of your bids to avoidincurring charges for late payment.

5.8 Packing and handlingWe shall use all reasonable endeavours to take care when handling andpacking a purchased Lot but remind you that after seven days or fromthe time of collection, whichever is sooner, the Lot is entirely at yourrisk. our postage charges are set out at the back of the catalogue.

5.9 Recommended packers and shippersIf required our shipping department may arrange shipment as youragent. Although we may suggest carriers if specifically requested, oursuggestions are made on the basis of our general experience of suchparties in the past and we are not responsible to any person to whomwe have made a recommendation for the acts or omissions of the thirdparties concerned.

5.10 Remedies for non-payment or failure to collect purchases5.10.1 If you fail to make payment within seven days of your stipulated

payment date set out in your invoice, we shall be entitled to exerciseone or more of the following rights or remedies:5.10.1.1 to charge interest at the rate of 2% per month compound

interest, calculated on a daily basis, from the date the fullamount is due;

5.10.1.2 to set off against any amounts which the Spink Group mayowe you in any other transaction the outstanding amountremaining unpaid by you;

5.10.1.3 we may keep hold of all or some of your Lots or otherproperty in the possession of the Spink Group until you havepaid all the amounts you owe us or the Spink Group, even if theunpaid amounts do not relate to those Lots or other property.Following fourteen days’ notice to you of the amountoutstanding and remaining unpaid, the Spink Group shall havethe right to arrange the sale of such Lots or other property. Weshall apply the proceeds in discharge of the amount outstandingto us or the Spink Group, and pay any balance to you;

5.10.1.4 where several amounts are owed by you to the SpinkGroup in respect of different transactions, to apply any amountpaid to discharge any amount owed in respect of any particulartransaction, whether or not you so direct;

5.10.1.5 to reject at any future auction any bids made by you or onyour behalf or obtain a deposit from you before accepting anybids.

5.10.2 If you fail to make payment within thirty-five days, we shall inaddition be entitled:

5.10.2.1 to cancel the sale of the Lot or any other item sold to youat the same or any other auction;

5.10.2.2 to arrange a resale of the Lot, publicly or privately, and, ifthis results in a lower price being obtained, claim the balancefrom you together with all reasonable costs including a 20%seller’s commission, expenses, damages, legal fees, commissionsand premiums of whatever kind associated with both sales orotherwise, incurred in connection with your failure to makepayment; or

5.10.2.3 take any other appropriate action as we deem fit.

5.11 Failure to collectWhere purchases are not collected within seven days after the sale,whether or not payment has been made, you will be required to pay astorage charge of £2 per item per day plus any additional handling costthat may apply. You will not be entitled to collect the Lot until alloutstanding charges are met, together with payment of all otheramounts due to us.

5.12 Export Licence5.12.1 If required we can, at our discretion, advise you on the detailed

provisions of the export licensing regulations. Where we advise youin relation to export licensing regulations the ultimate responsibilityin respect of any export will lie with you and we will not beresponsible for your failure to apply for any necessary licences.

5.12.2 If the Lot is going to be hand carried by you, you may berequired to produce a valid export licence to us or sign a waiverdocument stating that a licence will be applied for.

5.12.3 You should always check whether an export licence is requiredbefore exporting. Export licences are usually obtained within twoor three weeks but delays can occur.

5.12.4 Unless otherwise agreed by us in writing, the fact that you wishto apply for an export licence does not affect your obligation tomake payment within seven days nor our right to charge interest onlate payment.

5.12.5 If you request that we apply for an export licence on yourbehalf, we shall be entitled to recover from you our disbursementsand out of pocket expenses in relation to such application, togetherwith any relevant VAT.

5.12.6 We will not be obliged to rescind a sale nor to refund anyinterest or other expenses incurred by you where payment is madeby you despite the fact that an export licence is required.

5.13 Refund in the case of Forgery5.13.1 A sale will be cancelled, and the amount paid refunded to you

if a Lot (other than a miscellaneous item not described in thecatalogue) sold by us proves to have been a Forgery. We shall nothowever be obliged to refund any amounts if either (a) thecatalogue description or saleroom notice at the auction datecorresponded to the generally accepted opinion of scholars orexperts at that time, or fairly indicated that there was a conflict ofopinions, or (b) it can be demonstrated that the Lot is a Forgeryonly by means of either a scientific process not generally acceptedfor use until after publication of the catalogue or a process which atthe date of the auction was unreasonably expensive or impracticableor likely to have caused damage to the Lot. Furthermore, youshould note that this refund can be obtained only if the followingconditions are met:

5.13.1.1 you must notify us in writing, within seven days of theauction date, that in your view the Lot concerned is a Forgery;

5.13.1.2 you must then return the item to us within fourteen days,in the same condition as at the auction date; and

5.13.1.3 as soon as possible following return of the Lot, you mustproduce evidence satisfactory to us that the Lot is a Forgery andthat you are able to transfer good title to us, free from any thirdparty claims.

5.13.2 In no circumstances shall we be required to pay you any morethan the amount paid by you for the Lot concerned and you shallhave no claim for interest.


Spink Uni (12/09) (20)

5.13.3 The benefit of this guarantee is not capable of beingtransferred, and is solely for the benefit of the person to whom theoriginal invoice was made out by us in respect of the Lot when soldand who, since the sale, has remained the owner of the Lot withoutdisposing of any interest in it to any third party.

5.13.4 We shall be entitled to rely on any scientific or other process toestablish that the Lot is not a Forgery, whether or not such processwas used or in use at the date of the auction.

6 LIABILITYnothing in these Terms and Conditions limits or excludes our liability for:6.1 death or personal injury resulting from negligence; or6.2 any damage or liability incurred by you as a result of our fraud or

fraudulent misrepresentation.

7 COPYRIGHT7.1 We shall have the right (on a non-exclusive basis) to photograph, video

or otherwise produce an image of the Lot. All rights in such an imagewill belong to us, and we shall have the right to use it in whatever waywe see fit.

7.2 The copyright in all images, illustrations and written material relatingto a Lot is and shall remain at all times our property and we shall havethe right to use it in whatever way we see fit. You shall not use or allowanyone else to use such images, illustrations or written material withoutour prior written consent.

8 VATYou shall give us all relevant information about your VAT status and that ofthe Lot to ensure that the correct information is printed in the catalogues.once printed, the information cannot be changed. If we incur any unforeseencost or expense as a result of the information being incorrect, you willreimburse to us on demand the full amount incurred.

9 NOTICESAll notices given under these Terms and Conditions may be served personally,sent by 1st class post, or faxed to the address given to the sender by the otherparty. Any notice sent by post will be deemed to have been received on thesecond working day after posting or, if the addressee is overseas, on the fifthworking day after posting. Any notice sent by fax or served personally will bedeemed to be delivered on the first working day following despatch.

10 ADDITIONAL PROVISIONSThe following provisions of this clause 10 shall apply only if you are acting forthe purposes of your business.10.1 Limitation of Liability

Subject to clause 6, we shall not be liable, whether in tort (includingfor negligence or breach of statutory duty), contract, misrepresentationor otherwise for any:10.1.1 loss of profits, loss of business, depletion of goodwill and/or

similar losses, loss of anticipated savings, loss of goods, loss ofcontract, loss of use, loss of corruption of data or information; or

10.1.2 any special, indirect, consequential or pure economic loss,costs, damages, charges or expenses.

10.2 SeverabilityIf any part of these Terms and Condition is found by any court to beinvalid, illegal or unenforceable, that part may be discounted and therest of the conditions shall continue to be valid and enforceable to thefullest extent permitted by law.

10.3 Force majeureWe shall have no liability to you if we are prevented from, or delayedin performing, our obligations under these Terms and Conditions orfrom carrying on our business by acts, events, omissions or accidentsbeyond our reasonable control, including (without limitation) strikes,lock-outs or other industrial disputes (whether involving our workforceor the workforce of any other party), failure of a utility service ortransport network, act of God, war, riot, civil commotion, maliciousdamage, compliance with any law or governmental order, rule,regulation or direction, accident, breakdown of plant or machinery,fire, flood, storm or default of suppliers or subcontractors.

10.4 Waiver10.4.1 A waiver of any right under these Terms and Conditions is only

effective if it is in writing and it applies only to the circumstancesfor which it is given. no failure or delay by a party in exercising anyright or remedy under these Terms and Conditions or by law shallconstitute a waiver of that (or any other) right or remedy, norpreclude or restrict its further exercise. no single or partial exerciseof such right or remedy shall preclude or restrict the further exerciseof that (or any other) right or remedy.

10.4.2 Unless specifically provided otherwise, rights arising underthese Terms and Conditions are cumulative and do not excluderights provided by law.

11 Law and Jurisdiction

11.1 These Terms and Conditions and any dispute or claim arising out of orin connection with them or their subject matter, shall be governed by,and construed in accordance with, the law of England and Wales.

11.2 The parties irrevocably agree that the courts of England and Wales shallhave exclusive jurisdiction to settle any dispute or claim that arises outof, or in connection with, Terms and Conditions or their subject matter.

Postal Charges

Prices for books(items sent by this method are not covered by insurance)

Prices for all other items including postage, packaging and insurance

***Minimum courier cost please contact [email protected] for actual cost.

***Certain countries may incur £30 extra charge when courier services arerequired by our insurance policy.

Value Added Tax (VAT)

The information shown on this page sets out the way in which Spink intends toaccount for VAT.

i. Auctioneers’ Margin Scheme

1. Where possible, we will offer Lots for sale under the Auctioneers’Margin Scheme. Such Lots can be identified by the absence of anysymbol next to the Lot number in the catalogue and will not besubject to VAT on the hammer Price.

2. Where Lots are sold using the Auctioneers’ Margin Scheme toVAT–registered businesses, the VAT included within the Buyers’Premium is not recoverable as input tax. Upon request on sale day,we will issue invoices that show VAT separately on both the hammerPrice and the Buyer’s Premium. This will enable VAT-registeredbusinesses to recover the VAT charged as input tax, subject to thenormal rules for recovering input tax.

ii. Zero-Rated Lots

1. Limited Categories of goods, such as books, are Zero-rated (o) forVAT in the United kingdom. Such Lots are offered under theAuctioneers’ Margin Scheme. In these circumstances no VATelement will be included within the Buyer’s Premium.

iii. Daggered Lots

1. Lots which are Daggered (†) in the catalogue are subject to VAT at20% on both the hammer Price and the Buyer’s Premium.

iv. Starred and Omega Lots

1. Lots which are marked (x) in the catalogue are subject to VAT at 5%on the hammer Price and 20% on the Buyer’s Premium which isshown as inclusive of VAT. Lots which bear the omega symbol (Ω)are subject to VAT at 20% on the hammer Price and on the Buyer’sPremium. Such Lots bear VAT because the Lot is liable for VAT atthis rate on importation into the EU.

v. Investment Gold Lots

1. Lots marked (g) in the catalogue are exempt from VAT on thehammer Price and are subject to VAT at 20% on the Buyer’sPremium. A refund of VAT charged on the Buyer’s Premium canalso be made on receipt of proof of business as a collectibles dealer.

vi. Imported Lots

1. Lots which are marked (x) and Lots which bear the omega symbol(Ω) have VAT charged on the hammer Price and Buyers’ Premiumbecause they have been imported into the United kingdom fromoutside the EU. In these cases we have used a temporary importationprocedure, which in effect means that the point of importation isdeferred until the Lot has been sold. At this point the Buyer is treatedas the importer and is liable to pay the import VAT due. We willcollect the VAT from you and pay it to hM Customs and Excise onyour behalf.

Invoice Value UK EU** Rest of the WorldUp to £1,500 £10 £15 £20Above £1,501* £20 £30 £40

Weight UK EU Rest of the WorldUp to 1kg £8 for any weight £12 £15Up to 2kg £8 for any weight £18 £25


Coins, Stamps, Banknotes, Medals,Bonds & Shares, Autographs & Books

AUCTION CALENDAR

2011

The above sale dates are subject to change

Spink offers the following servicesValuations for insurance and probate for individual items or whole collections.

Sales on a commission basis either of individual pieces or whole collections.

Stamps5/6 May Spring Collector’s Series Sale London 1101825/26 May The Rolfe E. Wyer Collection of French Colonies New York8 June Dr. Robert Towers Collection of British Empire London 1102530 June The Pasha Collection of Islamic Proofs, Stamps and Postal History Part 1 London 1102813/14 July Summer Collector’s Series Sale London 11029July (TBA) Philatelic Collector’s Series Sale New York25 September Fine Stamps & Covers of South East Asia Singapore 11016

Banknotes20/21 May Texas Numismatic Association Sale Fort Worth24 September Banknotes & Bonds of South East Asia Singapore 1101727/28/29 September World Banknotes London 110198 December World Banknotes London 11020

Bonds and Shares20/21 May Texas Numismatic Association Sale Fort Worth20 May Bonds & Share Certificates of the World London 1100621 October Bonds & Share Certificates of the World London 11022

Medals21 July Orders, Decorations, Campaign Medals & Militaria London 1101024 November Orders, Decorations, Campaign Medals & Militaria London 11011

Coins20/21 May Texas Numismatic Association Sale Fort Worth23 June Ancient, English & Foreign Coins and Commemorative Medals London 110096 October Ancient, English & Foreign Coins and Commemorative Medals London 110231 December Ancient, English & Foreign Coins and Commemorative Medals London 11024

Olivier D. StockerGroup Chairman & CEO

SPINK UKTimothy Hirsch Director

Anthony Spink Non-Executivc DirectorMonica Kruber Executive Assistant to CEO

Auction and Client Management TeamEmily Johnston Miroslava Adusei-Poku Luca Borgo Phillipa Brown

FinanceAlison Bennet Mina Bhagat Alison Kinnaird

Shyam Padhiar James WillanIT & Administration

Berdia Qamarauli Segun Magbagbeola Liz Cones Curlene Spencer John Winchcombe

SPINK USACharles F. Shreve President

Tracy L. Shreve Chief Operating OfficerJohn Herzog Chairman Emeritus

FinanceDennis Muriu Ingrid Qureshi Sam Qureshi

Auction AdministrationRick Penko Patricia Lou Gardner

Marketing & DesignJames McGuire Emily Cowin William Jackson Shawn Barnes Clyde Townsend

AdministrationMarcy Gottberg

SPINK ASIAGary Tan

SPECIALISTSBonds & SharesMike Veissid

StampsDavid Parsons Nick Startup Neill Granger Paul Mathews Guy Croton Dominic Savastano

Chris Anderson Charles Shreve Tim Hirsch George Eveleth Ed RobinsonCoins

Richard Bishop Paul Dawson John Pett William MacKay Julie-Morgane Lecoindre Jim FitzgeraldArthur Bryant Matthew Orsini Thomas Tesoriero Normand Pepin

BanknotesBarnaby Faull Matthew Orsini Jim Fitzgerald Francesca Girelli

AutographsRobert Litzenberger

Orders, Decorations, Medals & MilitariaMark Quayle Oliver Pepys

BooksPhilip Skingley Rebecca Mason

Our Environmental Commitment: Paper from Sustainable Forests and Non Hazardous InkFor centuries Spink and its employees have been preserving and curating collectable items. We now wish to play a modest role in preserving ourplanet, as well as the heritage of collectables, so future generations may enjoy both.

We insist that our printers source all paper used in the production of Spink catalogues from FSC registered suppliers (for further information onthe FSC standard please visit fsc.org) and use inks containing non hazardous ingredients. Spink recycle all ecological material used on our premisesand we would encourage you to recycle your catalogue once you have finished with it.

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Bonds and Share C

ertificates of the World

FRID

AY 20 M

AY 2011

11006Spink L

ondon

COINS STAMPS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS & BOOKS

69 Southampton Row, Bloomsbury, London WC1B 4ET Telephone: +44 (0)20 7563 4000 Fax: +44 (0)20 7563 4066

spink.com £25

Bonds and Share Certificatesof the World

LONDON, FRIDAY 20 MAY 2011

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bonds & share certificates of the world

Documents

commemorative medals

world banknotes london

london wc1b

world london 11022medals21

sale dates

english foreign coins

fine stamps

share certificatesof