nonvaleur-09-14-en

Transcrição

nonvaleur-09-14-en

your magazine about scripophily | www.nonvaleur-news.com
2014 | 9
for free
digital journal
issn | 2196-0291
2nd issues | 2014
ed. | ulrich w. hanke
KLAUS SCHIEFER'S
LIFE'S WORK
431 Insurances
2178 Emissions
The Top Ten
FURTHERMORE
The rise of the oil
tycoon J. Paul Getty
► Preview: HWPH
auction in Wiesbaden
►
Advertisement
uwh
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this magazine?
Recommend us,
please!
The fan shop of NONVALEUR Nachrichten | News
Funny t-shirts and much more
www.nonvaleur-nachrichten.spreadshirt.de
NONVALEUR NACHRICHTEN | NEWS
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*only in German language
1 | 26
start
9000 YEARS OF GUINNESS?
ULRICH W. HANKE
!
More than 250 years ago, Arthur Guinness founded his beer brewery. He closed the lease contract for it for
several thousand years, he seemed to be so sure about his success. He should be proven right.
The signature of the founder Arthur Guinness is from the logo which was introduced in
1869 (protected as a trademark since 1876) disappeared. What still remains today is the harp
and a lettering with the founding date of the Irish beer brewery: “since 1759”. The logo also
decorates the Guinness shares. Arthur Guinness’ father was the manager of property for
Arthur Price, the archbishop of Cashel and in this office he brewed beer for the workers of
the estate.At the age of 27 years, Arthur Guinness received 100 pounds the inheritance of
Price. He invested the money into leasing a brewery in Leixlip near Dublin. In 1759, he left
this practice for his younger brother and moved directly into Dublin. There he signed a lease
contract on December 31st, 1759, for – very far-sighted – 9000 years and a yearly lease of
45 pounds for the St. James’s Gate Brewery, as is passed on. Ten years later, on March 19th,
1769, Guinness exported his beer for the first time – to Great Britain. His best known brew
is called Stout, which was originally meant for the strenght of the top-fermented beer, but
which changed in the course of time and henceforth meant the depp black colour. In 1799, he
completely stopped producing light beer types and concentrated on (strongly hopped) Porter
and, as said above, Stout. In 1761, Guinness had already married Olivia Whitmore, who all in
all gave him 21 children, but of which only ten reached adult age. They founded the famous
Guinness dynasty. Arthur Guinness died in 1803 at the age of 77 years. Finally, in 1932, the
Guinness brewery moved into a new headquarter in London. In 1997, it fused with the British
conglomerate Grand Metropolitan plc and became a part of the new producer of drinks,
called Diageo. NONVALEUR NACHRICHTEN | NEWS
Arthur Guinness (1725–1803),
Share from 1986 still with the old
logo (above)
gemeinfrei, red (2)
3 | 26
Das Historische
Wertpapierhaus
We are looking for the following bonds:
31. Auktion
Eine Auswahl interessanter Lose
für Historische Wertpapiere
Teil 1
31st Auction for old Stocks and Bonds
Los 616
Los 852
Los 867
Los 773
Auktion am 26. Oktober 2013
Erbprinzenpalais Wiesbaden
Besichtigung: 8.00 Uhr
Beginn: 10.00 Uhr
Auction on 26 October 2013
Erbprinzenpalais Wiesbaden
Viewing: 8.00 a.m.
Start:
Los10.00
689 a.m.
31. Auktion für Historische Wertpapiere / Teil 1
31. Auktion für Historische Wertpapiere / Teil 1
Los 653
Part 1
République Chinoise - Chemin de Fer Lung-Tsing-U-Hai
We are looking for the shown bonds, issued in January 1913. We
pay up to Euro 270 per Bond if it is uncancelled and with coupons!
Our next auctions
Auction Catalogues
18. October 2014
35th auction in Wiesbaden
At our webpage www.hwph.de
20. October 2014
36th online auction
we offer large parts of the aucti-
18. April 2015
37th auction in Würzburg
on catalogue also in English and
20. April 2015
38th online auction
Contact us:
HWPH AG
Matthias Schmitt
Ingelsberg 17 b
85604 Zorneding
Deutschland
Tel.: +49 - (0) 81 06 - 24 61 86
Fax: +49 - (0) 81 06 - 24 61 88
E-Mail: [email protected]
in Russian language!
table of contents
ISSUE 9|2014
twitter.com/
NONVALEUR_News
facebook.com/
NonvaleurNews
plus.google.com/
+Nonvaleur-nachrichtenDe
nonvaleur-nachrichten.de/
forum
3 START Brewery Guinness: 9000 Years?
6 EDITORIAL Ulrich W. Hanke: Thank you to 1000 readers
7 INTERACTIVE Letters to the editor | Classifieds | New on the Wiki
8 SHORTLY
8 THOUSAND FACES Lottery lots
9 SHOWS Bochum and Plauen | SOMMER FESTIVAL Pictures from Wolfenbüttel
10 NONVALEUR OF THE MONTH 15 Years E.On
11 TIME TRAVEL September
12 COVER STORY
The German insurances and the book project from the
German collector Klaus Schiefer
12
16 MARKET & COMPANIES
16 FOR WOMEN Gardena Holding AG
17 AMERICAN VIGNETTES Getty and the oil industry
20 COLLECTORS & DEALERS
20 FAVORITE SHARE Textil-Industrie AG
21 PRICES & AUCTIONS
21 HWPH Preview: Wiesbaden, Germany
22 EBAY Tops | AUCTIONS 1st and 2nd quarter
17
24 MONEY & MORE
24 STAMPS FROM THE GDR Symbols
HWPH
25 PREVIEW Dates
26 REVIEW The previous issues
PREVIEW
6 IMPRINT | IMPRESSUM
21
K. Schiefer, G. Zetzmann
s- .de
ke ek
an oth
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5 | 26
editorial
imprint | impressum
NONVALEUR Nachrichten | News
Your only magazine about scripophily world-
THANKS TO ONE THOUSAND
REGISTERED READERS
wide. Digital. For free.
ISSN: 2196-0291
Editor | Herausgeber: Ulrich W. Hanke,
ULRICH W. HANKE
self-publishing, Schönbornstr. 78,
!
D-63456 Hanau (Germany)
Mailing address | Postanschrift:
NONVALEUR Nachrichten | News
Postfach 70 01 80
D-63426 Hanau (Germany)
Phone | Telefon:+49 (0) 61 81-6 10 71 65
E-mail | E-Mail: [email protected]
Web: www.nonvaleur-news.com
--------------------------------------Autoren dieser Ausgabe:
Ulrich W. Hanke, Dr. Ulrich Kater (Gastkommentar), Klaus Mann, Denise Risse,
Georg Zetzmann
Übersetzung ins Englische: Ronja Braun
Lektorat: Dietlind Hanke
Scanarbeiten: Hans-Jürgen Hanke
Erscheinungsweise: NONVALEUR
Nachrichten | News erscheint elfmal im Jahr,
jeweils am zweiten Freitag im Monat mit
Ausnahme im Juli (ohne Rechtsanspruch).
Anzeigen: Es gilt die Anzeigenpreisliste
Nr. 5 vom 15. März 2014.
Rechtliche Hinweise:
Für unverlangt eingesandte Manuskripte, Fotos
und andere Unterlagen keine Haftung. Alle
Beiträge sind urheberrechtlich geschützt. Alle
Rechte liegen uneingeschränkt bei Ulrich W.
Hanke. Alle Angaben sind nach besten Wissen
und Gewissen recherchiert, für etwaige Fehler
und dadurch möglicherweise entstandenen
Schaden keine Haftung. Alle Angaben dienen
nur der Information und sind keine Kauf- oder
Verkaufempfehlung von Wertpapieren. Für
Inhalte externer, verlinkter Seiten sind deren
Urheber verantwortlich. Die Redaktion behält
sich ferner das Recht vor, Leserbriefe zu
kürzen, oder auch gar nicht zu veröffentlichen.
Es gelten zudem die Allgemeinen Geschäftsbedingungen (siehe: www.nonvaleur-nachrichten.
de/impressum-imprint).
© 2012-14 Ulrich W. Hanke, Hanau
O
n August 14th it had come thus far: the A-share of the investment holding Berkshire
Hathaway – the most expensive piece share of the world – closed with a quote of more
than 200,000 dollars for the first time. The share of the former textile company, which was
bought by the stock exchange legacy Warren Buffett in 1965, has never been splitted (also see
NONVALEUR 5/2013). While other shares were sometimes splitted for example 1:3 or even
1:10 in order to look better optically, Buffett had always been against that. Also, there had
never been a dividend since 1967, however there was a big rise in the quote. Finally, Buffett
and his partner Charlie Munger introduced the B-shares in 1996 – with a voting power of 1/
10,000 compared with the A-shares. With the taking over of the Burlington Northern and
Santa Fe Railway (BNSF) in 2010 the B-share was splitted and is now affordable for everyone.
I have never been allowed to touch an effective piece of an A-share, let alone I have never
seen one. Instead I am the proud owner of a Baby-Berkshire share which carries my own
name (bought on oneshare.com). So when colleagues from Berlin asked me whether I could
help them with picture material, I was at least able to deliver a scan of the B-share.
NONVALEUR Nachrichten | News already had the same luck in the beginning of the past
month when the German business magazine WirtschaftsWoche asked for pictures. At least a
scan of a BASF-share from the time when the chemical company still officially called itself
Badische Anilin- & Soda-Fabrik was printed. Even though these steps are small, they are still
important to make our hobby more famous. Personally, I would wish for a calendar of a big
supraregional newspaper with historical share and bond certificates, like the former one from
the German newspaper Handelsblatt. For in conversations I often hear that it was rhis calendar that finally turned knowing people into collectors. However, your magazine about scripophily cannot afford a new edition of such a project, even though there have already been
offers for calendar ware. But we would gladly help if any collector or dealer were to attend
to the matter. By the way, our own, free encyclopedia, our Wikipedia, NONVALEUR Wiki,
prospered due to two or three active authors and is slowly also suited as a work of reference.
As is well known, all beginnings are hard. But is has been made!
My helpers and I are proud of the new reader numbers. Ever
since this magazine is published for free and digitally, the number has risen extremely. Renowned audience magazines may
smile upon this, but for our special interest magazine, over
1000 registered readers is quite an enormous number (a lot
of them are German-speaking people). I thank you my readers for your trust. But keep recommending us – in particular among English-speaking collectors! Only with more
foreign readers we can still publish an English version.
für sämtliche Inhalte
Yours
NONVALEUR Nachrichten | News ®
ist eine geschützte Marke
uwh
®
6 | 26
ihr magazin
yourzu
magazine
historischen
about wertpapieren
scripophily | www.nonvaleur-news.com
| www.nonvaleur-nachrichten.de
interactive
LETTERS & CLASSIFIEDS
Gratulations for over 1000 readers and thus more than
the former Aktiensammler. — uwe gebauer
Congratulations.
— matthias schmitt
Great work... and that for free for the readers... actually
shouldn’t work. Why don’t you open a Tipp piggy bank.
— horst klophaus via facebook
ask
Grand Russian Railway bonds, year
1859, 500 silver rubles, black or
red numbers. [email protected]
bid
HWP aus den Niederlanden. Sehen
Sie bitte die Liste mit Abbildungen
an auf www.oude-aandelen.nl.
Thank you very much for your effort! — thomas kraus
Issue 8 (left) and 6-7/2014
tueck-und-Deko-Objekt.
An article about historical share and bond certificates:
http://www.wn.de/Muensterland/Kreis-Borken/Gronau/1695148-Nonvaleurs-fuer-das- Museum-Sammels-
— "gronauer" via forum
Very pretty series from Finanz und Wirtschaft (CH) and something for the journalistic award...: http://www.
fuw.ch/article/liaison-der-besonderen-art/. It is said about the series: The series Nonvaleur is published in loose
order. It is based on the collection Wertpapierwelt of the SIX Group in Olten. — "mike" via forum
LESERBRIEFE richten Sie bitte per E-Mail an [email protected].
PRIVATE KLEINANZEIGEN für nur 10 € je 160 Zeichen (inkl. 19 % MwSt., 1,60 €) geben Sie
bitte über unser Online-Formular auf: www.nonvaleur-nachrichten.de/anzeigen/kleinanzeigen.
Advertisement
Historische Wertpapiere
Ankauf – Verkauf – Beratung
www.scripovest.de
Sie finden uns in der weltbekannten Stadt
Rothenburg ob der Tauber:
Scripovest AG
Neugasse 32
91541 Rothenburg ob der Tauber
Telefon +49 (0) 9861 873 86 31
Fax
+49 (0) 9861 873 86 32
E-Mail [email protected]
Es grüßt Sie herzlich
Ihr Volker Malik
shortly | thousand faces
LOTS OF A LITTLE DIFFERENT KIND
ULRICH W. HANKE
!
They spend their existence in the shadows, the historical lottery lots. Even though many of them are
desgined very decoratively. While one or another of the regional collectors have detected them, other collectors
have never even heard of them. What a pity! That is why NONVALEUR Nachrichten | News has chosen
some of the lots and presents them here – pay spezial attention if you are from Frankfurt or Munich!
1
2
THOUSAND FACES
1) Lotterie der allg. Deutschen Patent- & Musterschutz-Ausstellung,
Frankfurt 1881
4
2) 40. Münchener PferdeLotterie, 1921
3) Brücken-Bau-Lotterie
zum Wiederaufbau der
Alten Brücke, Frankfurt 1924
4) 42. Preußisch-Süddeutsche Klassenlotterie, Berlin, 1933
5) 49. Österreichische Klassenlotterie, 1950
6) Loterie Nationale, 1946 (Frankreich)
7) Lotterie Münche-ner
Künstler
3
5
6
NONVALEUR/U. W. Hanke (7)
7
8 | 26
shortly
EXHIBITION IN BOCHUM
PRESENTATIONS Maybe it’s not as uncommon as it sounds: First came the book, the exhibition book, or rather to the fact presented Bochum historical share and bond certificates.
Until October 17th runs in the house of the history of the Ruhr (Clemensstr. 17-19, 44789
Bochum, Germany) the exhibition “Historic Papers from Bochum”. On display are some
140 papers, which were issued in Bochum. Open Monday to Friday from 9 to 18 o’clock.
Admission is free. It is currently not the only exhibition in Nonvaleur things in Germany.
In Plauen (City Gallery) an exhibition on its Straßenbahn AG (tram inc.)which celebrates its
120th anniversary will run until morning, September 13th. RED
On-line
Exhibition in Bochum:
http://nonvaleur-nachrichten.de/
bochum-die-ausstellung-zum-buch/
Exhibition in Plauen:
plauen-jubilaeum-mit-alten-aktien/
SUMMER FESTIVAL IN WOLFENBÜTTEL
DThe procedure is a tradition, also at the 20th new edition: Only the work before pleasure.
Before the Summer Festival in Wolfenbüttel, there was the 20th general annual meeting
of the AG für Historische Wertpapiere (top left; on the right the directors Jörg Benecke
and Michael Weingarten). This was followed by a special auction (bottom left), which was
only open for shareholders, but which they didn’t take that seriously. After the refreshment
with sausages (top right) the raffle was as always the peak, which was obviously a lot of fun
for the director Weingarten (bottom right; in the middle). RED
BALANCE SHEET
(only in German; please the Google
translator on the website)
versandhandel-bricht-ein
AG für Hist. Wertp./M. Rösler (4)
9 | 26
shortly
15 YEARS AGO
NONVALEUR OF THE MONTH 15 years ago, on September 27th in 1999 the mixed con-
cerns Veba and Viag announced their fusion. Finally the two companies united into E.On
in June 2000. The subsidiary E.On Energie (E.On Energy) thereby came into
existence from the respective supply subsidiares PreussenElektra and Bayernwerk.
In July 2000 E.On started a big advertising campaign. After only five weeks, 40 percent
of the German population already know the name and the brand E.On. This exceeded
the numbers of PreussenElektra and Bayernwerk by more than three or four times the
number.
Both companies, Veba (Vereinigte Elektrizitäts- und Bergwerks AG; Associated Electricity
and Mining Corporation) and Viag (Vereinigte Industrieunternehmungen AG; Associated
Industry Enterprises Incorporation), had been founded on the 20ies of the past century as
holdings for public industry participation. After the privatisation in the 60ies and 80ies, two
successfull conglomerates came into existence which are noted in the Dax.
E.On (ADR)
H. Klophaus
By now, E.On is a pure suppliant of energy. The company liquidated the providers for
mobile service Viag Interkom in Germany and One in Austria, the provider of water,
Gelsenwasser, and the estate company Viterra. In Eastern Europe, numerous participation on privatised companies for providing energy were purchased at the same time. The
conversion was finished in 2005. In 2006, E.On tried to take over the Spanish provider of
energy, Endesa, but withdrew from the fight for the takeover in 2007 against the Spanish
building company, Acciona, the Catalan rival, Gas Natural, and the Italian state concern,
RED
Enel. Advertisement
Zu gewinnen gibt es eine seltene Aktie der A. S. Beck Shoe
Corporation. Die Lösung,
Ihren Namen und Ihre Postanschrift
Neu im NONVALEUR
Wiki:¶
senden Sie bitte unter dem Betreff „Gewinnspiel“ per E-Mail
an [email protected]. Viel Glück! (Der Gewinner
Cell Chemie
Industrie
Holding
AG¶
wird inAG/Cell
der nächsten
Ausgabe
namentlich
genannt. Der Preis
Deutschegeht
Klinik
für
Diagnostik
AG¶
ihm per Post zu. Der Rechtsweg ist bei der Verlosung
Deutschlandhalle
AG¶Einsendeschluss ist der 26.09.2014.)
ausgeschlossen,
Flugplatz Verwaltungsgesellschaft Groß Dölln AG¶
Lowaland-Werke,
AG¶ des amerikanischen
WofürBitzer
steht A.&S.Co.,
im Namen
A. S. Beck Shoe Corporation?
Union-Werke Schuhfabrikanten
AG¶
1845
1847
Aktie
chum Witten eG · Westfalenbank AG · Westfalia Dinnendahl Gröppel AG · Zeche Cartheuser-
STADTGESCHICHTE AUF HISTORISCHEN DOKUMENTEN VON 1845 BIS HEUTE
Goldmark
1913
1927
1923
1936
1952
1957
• Ausstellung vom 09.09. – 17.10.2014
• Haus der Geschichte des Ruhrgebiets
Clemensstr. 17-19 • 44789 Bochum
• Ausstellungseröffnung am 09.09.2014
• um 18.30 Uhr mit einem Einführungs• vortrag von CLAUS MÜLLER (Hamburg)
G e rh a r d We g e n e r
•
aus
Bochum
Das Buch zur Ausstellung dokumentiert in Wort
Anleihe
Mark
Reichsmark
Franken
und Bild die Historischen Wertpapiere von 65
Bochumer Unternehmen mit Informationen und
1964
Anteil
vielen Abbildungen. Von diesen Gesellschaften
ZU GEWINNEN! A. S. Beck Shoe Corp.
100 shares | May 31, 1967 | #C17943
WWW.WIKI.NONVALEUR-NACHRICHTEN.DE

uwh
Industrie · Maschinenbau AG Balke · Pongs und Zahn · Schlegel-Scharpenseel-Brauerei AG
loch · Zeche Friederika · Friedlicher Nachbar · Zeche Johann Mathias und viele andere mehr
1897
1922
Jetzt mitmachen!
Bochum
Thaler
· Gewerkschaft Fröhliche Morgensonne · Gewerkschaft Prinz Regent · Hako AG · Harpener
· Schultheiss-Brauerei AG · Sparkasse Bochum · Stahlwerke Bochum AG · Volksbank Bo-
1887
1910
DIE FREIE ENZYKLOPÄDIE
ZU HISTORISCHEN WERTPAPIEREN
Hüttenwerke AG · Elektrizitätswerke Westfalen AG · Escom AG · GEA-AG · Gemeinnützi-
Bergbau AG · Kaufhaus Kortum ¯ Krupp Stahl AG · Langendreer AG für Kohlen und Coaks-
1872
1908
NONVALEUR WIKI
Stadt Bochum · Bergbau AG Lothringen · Bierbrauerei Müser · Bochumer Verein · Bochum-
ger Wohnungsverein e.G. · Gesellschaft Harmonie · Gewerkschaft Freie Vogel und Unverhofft
1870
1906
Lösung aus Magazin 8/2014: New York Central Railroad (B)
Gewinner: Volker Müller
Kux
Gelsenkirchener Straßenbahnen · BV-Aral AG · Eisenstein Zeche Gute Aussicht · Eisen- und
1857
1899
und vieleA
mehr...¶Alexander Samuel
B Alexander Steven
C Andreas Stephan
D Anton Severin
aus
1968
werden in der Ausstellung etwa 138 Dokumente
1989
1990
2006
D-Mark
in Originalgröße präsentiert.
EINTRITT FREI !
Weritz Werbung · Bochum
10 | 26
Euro
shortly | time travel
SEPTEMBER
What happened in the month of September in the past – from the discovery of the isle Manhattan in 1609,
over light in the nightly streets of Paris in 1667 until the Lehman crash in 2008.
9/1/1873 In San Francisco the Cable Cars take up their public business.
9/2/1667 In Paris, street lights are introduced in order for the police to better watch the
nightly happenings.
9/3/1995 Pierre Omidyar founds the company AuctionWeb in San José, California, which
develops into the internet auction house Ebay.
9/4/1609 Henry Hudson discovers the isle Manhattan.
9/5/1838 The Leipziger Bank is founded as a private bank of issues for Saxony.
9/7/1949 The Deutsche Bundespost issues it’s first stamp. Topic: opening of the first
German Bundestag (parliament).
9/8/1883 The Northern Pacific Railroad from Chicago to Seattle is completed.
9/10/1947 With 140,000 lots and a maximum win of 250,000 reichsmarks, the Süddeutsche
Klassenlotterie (SKL) takes up it’s lottery business in the US occupation zone.
9/15/2008 The bank Lehman Brothers applies for creditor protection as in Chapter 11.
9/15/1900 The Deutsche Schauspielhaus in Hamburg is opened upon the initiative of
wealthy hanseatic citizens and businessmen.
9/17/1861 The book seller from Straßburg, Oscar Berger-Levrault, publishes the first cata-
logue of stamps all over the world with a first run of a few dozen.
9/18/1837 In New York City, Charles Lewis Tiffany and John B. Young found a jewelry
company, which results in the firm Tiffany & Co.
9/19/1873 The founder crash reaches New York City. The banking houses Jay Cooke &
Company which had been engaged in railroads and estates, sues for bankruptcy.
9/19/1783 In Paris the first ‘manned’ Montgolfière starts. The crew is made up of a whether,
a duck and a cock.
Stamp "1. Bundestag 1949", share
of the internet auction house Ebay,
Share of Northern Pacific and
share of Deutsche Schauspielhaus
AG from Hamburg
gemeinfrei, HWPH (2), uwh
9/26/1832 The Göta-Canal in Sweden is opened. It was supposed to help avoid the passage
through the Öresund, because there a duty had to be paid to Denmark..
9/26/1853 The Victoria-Versicherung is founded in Berlin as Erste Allgemeine Eisenbahn-Versicherungs-Gesellschaft (First General Railway Insurance Company).
9/26/1876 Fritz Henkel founds the factory for washing agents in Aachen, the Henkel & Cie.
9/27/1999 On a press conference the fusion between Veba and Viag into E.On – as now the
third biggest German concern. (see page 10).
RED
11 | 26
cover story | insurance
TOP TEN INSURANCE
431 German insurances
have issued share and bond
certificates in the form of
paper – all in all 2178 different emissions. A collection.
ULRICH W. HANKE
!

F
or many collectors the winning bid of 22,000 euros at this year’s 33rd HSK auction in
Hamburg for a founding share of the Deutsche Lebens-Versicherungs-Gesellschaft zu
Lübeck was only one expensive award amongst many others. For the German collector, hobby-auctioneer and employee of an insurance company, Klaus Schiefer, it was something quite special. Because this award was the highest since Schiefer’s notes on his area of collection,
the insurance branch. And the man from Düsseldorf has been watching his branch for quite
a long time. Before long he will publish his book about all papers that are known to him,
his life’s work: “I have rounded off the manuscript for this book during the past two years,
however, it was actually developed over a time span of 25 years”, says Schiefer. The book
project was particularly fun for him because some other collectors had supported him. Now
it still remains open how he will print his 436 pages. However, the book will be published in a
self-publishing company, because his efforts to find a publishing house unfortunately failed.
Even though Schiefer had found a good point of time for his publishing, as the working title
of the book may already suggest. 250 years of insurance history on shares, it says, the under
title says 1765 to 2015, a compendium through the history of the German insurance companies with historical share and bond certificates. Schiefer’s favorite paper is to decorate the
book cover (a bond share for the frmation fund of the Feuerversicherungs-Genossenschaft
Deutscher Buchdrucker zu Leipzig; see page 14). Some collectors have already been allowed
to have a look at his manuscript – like at the Boone auction in Antwerp – and have honored
it with a lot of praise for his voluntary work.
Klaus Schiefer
250 Jahre
Versicherungsgeschichte
auf Aktien
1765 - 2015
Ein Grundriss durch die Geschichte der
Deutschen Versicherungsgesellschaften
mit Historischen Wertpapieren
5
Blueprint of the cover
K. Schiefer
The area of insurance companies has developed in Germany in the run of the years
from three different categories of providers, the insuracne companies in form of an
incorporation, the public, national institutes or the insurance union on reciprocity. “In
1765 there were the first foundings of insurance incorporation in Hamburg and Berlin” it says in the introduction to the book about the 250 year jubilee of the first providers. Schiefer limits himself to the incorporations which had emitted value papers in a ►
12 | 26
► German currency during their business activity and of which there is a proof on the collecting market of historical share and bond certificates. In this shape, some papers would also be
on the list from companies whose places of emission belonged to Germany in the course of
German history, but which are today in other European countries, the author explains.
► The most expensive piece: Deutsche Lebens-
Versicherungs-Gesellschaft zu Lübeck
The Deutsche Lebens-Versicherungs-Gesellschaft zu Lübeck was
founded in 1828 with a capital of 425,000 thalers. The share from
December 1st, 1828 over 1000 thalers is a unique. The winning bid
at the youngest HSK auction in Hamburg: 22 ,000 euros (starting
bid: 18,000 euros; lot 749). The original circulation was at only 425
pieces.
In 1918 the company is supposed to have fused with the Mecklenburgische Lebensversicherungs- und Sparbank into the Lübeck-Schweriner Lebensversicherungs-AG. This was followed
by the takeover trought the Stuttgarter Verein as Stuttgart-Lübecker-Lebensversicherungs-AG. In 1927 the Allianz Leben took
over the company and led it on as Allianz and Stuttgarter Verein
Lebensversicherungsbank-AG.
STATISTICS
1771
Oldest piece:
Chur-Mayntzische-LeibrentenGesellschaft Mainz

Youngest piece*:
2005
AIA AG, Düsseldorf
Agrippina Versicherungs-AG Köln
Most pieces: Berlin with 94 insurances,
Allianz Leben with 73 emissions
Most expensive piece:
Deutsche Lebens-VersicherungsGesellschaft zu Lübeck, 1828 € 22,000
 
*without ADR of Allianz; Source: K. Schiefer
1


110,8 Mrd. €
Allianz
Munich Re
Talanx
Generali Deutschland
R+V
51,1 Mrd. €
28,2 Mrd. €
18,1 Mrd. €
12,8 Mrd. €
Axa
10,3 Mrd. €
Debeka
9,6 Mrd. €
Versicherungsk. Bayern
7,2 Mrd. €
HUK-Coburg
6,0 Mrd. €
Zurich Deutschland
5,9 Mrd. €
i. e.: 110,8 Mrd. € =
110.8 billion euros
Source: Süddeutsche Zeitung/Grafik: U. W. Hanke
1

fhw-online.de/mit Genehmigung von Michael Weingarten
Schiefer has noted 2178 different emissions. These come from 431 emittents, meaning insurances. He introduces 291 insurance providers in a portrait. The oldest piece comes from the
Chur-Mayntzische-Leibrenten-Gesellschaft, Mainz, from the year 1771, the youngest pieces
come from the year 2005 and from the AIA Düsseldorf as well as the Agrippina Versicherungs-AG Köln. There was boom of effective pieces in 1995 under the conditions of a reduction of the denomination from 50 DM to 5 DM as well as during the introduction of
the Euro. This was because in Germany many shares were converted from the usual
nominal denomination of 50 DM into pieces with a denomination of 5 euros, 1 euro
or piece shares free of denomination and because the old certificates were declared
invalid. By the way, there are the most shares from the Allianz Leben with 73 different emissions. 0 20000400006000080000
100000
120000
INSURANCES
IN GERMANY
according to operating income (2013)
13 | 26

2
3

4

Chur-Mayntzische Leib-Renthen-Gesellschaft, Mainz
Zweck der Gesellschaft
Gewährung einer lebenslänglichen Rente gegen Einlage
Geschichte
?
Verzeichnis
RegisterNr.
WPG
CMLRGM01
VAS
Serie
A
NW
10
WAE
Datum
Verfügbarkeit/Wert
G
30.07.1771
1 = R12
K. Schiefer (3)
Chur-Mayntzische Leib-Renthen-Gesellschaft, Mainz
(Bildquelle: 60. FHW LosNr. 650)
2
► The oldest piece: Chur-Mayntzische-Leibrenten-
Gesellschaft, Mainz
The book author Klaus Schiefer hitherto hasn’t been able to find
out much about the Chur-Mayntzische-Leibrenten-Gesellschaft
from Mainz. The paper over ten Gulden was issued on July 31st,
1771. It is a unique and was auctioned off at the 60th FHW auction
for 2700 euros (starting bid: 2500 euros). It served the “grant of a
life-long rent when handed in.”
3
► The youngest piece: AIA AG, Düsseldorf
The title of the youngest paper is divided between the share of the
Agrippina Versicherungs-AG Köln and the AIA AG, Düsseldorf.
Only pieces issued in the US are still younger, ADR (American
Depositary Receipt) from the Allianz from 2008 (next page). AIA
was founded in 1976 as an independent insurance broker under
the name of Architekt-Ingenieur- Assekuranz GmbH and it was
changed into an incorporation in 1995. The insurance specialises
on the professional risks of architects and engineers. In 2002, the
AIA connected itself as a 100 percent subsidiary to the MAF, the
biggest European special insurance provider for architects and engineers. From the AIA AG there only exists a specimen share over
10x1000 DM from Septmeber 2005.
5 ► Klaus Schiefer's favorite: Feuerversicherungs-
4
► The curious paper: Equitable Lebens-Versicherungs-
Gesellschaft, New York
These specimen are a German paper from an American
company – a piece with a rarity factor. Henry Baldwin Hyde (1834–
1899) founded the company in 1859 as Equitable Life Assurance Society of the United States (Equitable Lebens-Versicherungs-Gesellschaft der Vereinigten Staaten). In 1905 the provider
of insurances (but also rents and other financial instruments) got
into trouble, because the heir James Hazen Hyde was imputed
with an embezzlement. The defamation was started by E. H.
Hariman, Henry Clay Frick, J. P. Morgan and the president of
the company, James Waddel Alexander, the book author Schiefer
writes. This led to a panic at the New York Wall Street. However,
the company survived the turbulences.
In 1991, the French AXA finally acuired the majority of the company and changed the name in 2004 into AXA Equitable Life Insurance Company. The company had an office on the Friedrichstraße/Leipzigerstraße in Berlin. The specimen of a bond with a
yearly interest of five percent and no other indications as to age
or worth, is the only known paper of the company. According to
Schiefer’s research, a maximum of only five pieces is supposed
to still exist today.
Advertisement
Genossenschaft Deutscher Buchdrucker zu Leipzig
Schiefer especially likes a share of the FeuerversicherungsGenossenschaft Deutscher Buchdrucker zu Leipzig (today:
Medien-Versicherung a. G. in Karlsruhe). The company assured
mainly printers. The paper illustrated with a statue of Gutenberg
combines the printing press and the pressure condition of works
for insurance companies (see page 12). Without the invention
of the metal letter by Gutenberg in 1453 and the subsequent
use of modern presses the brainchild insurance coverage would
not have been set down in writing, slate explained already in
NONVALEUR Nachrichten | News 2/2014 in the category My
favorite stock. Of the pattern piece, which will now adorn his
book cover, there are two pieces: one has slate in his collection,
the other has the insurance and slumbering there in the company
archives.
►
Münzen - Geldscheine - Briefmarken GbR
Lutz Wölfel und Michael Zilvar
IHR FACHGESCHÄFT IN MITTELDEUTSCHLAND
An- und Verkauf von
Münzen, Medaillen, Orden- und
Ehrenzeichen, Geldscheinen,
Aktien, Briefmarken, Briefen
und Ansichtskarten
Öffnungszeiten
Dienstag - Freitag 10 - 17 Uhr
am 1. Samstag im Monat 10 - 14 Uhr
Geiststraße 20
06108 Halle/Saale
Tel: 0345 - 54 84 670
[email protected]
14 | 26

6
7





8

10
9
6
► The biggest company: Allianz SE
9
7
► The biggest Reinsurance: Munich Re
10
8
► The most decorative piece: Deutschnationale AG für
kleine Lebensversicherung
► The most known piece: Madgeburger
Lebensversicherungs-Gesellschaft
► The youngest company, founded 2009:
Volksfürsorge AG HWPH (3), K. Schiefer (2), red (2)
15 | 26
market & companies | for women
»GARDEN WITH A SYSTEM«
DENISE RISSE
!
In her column Denise Risse illuminates old share certificates which also attract the attention of the
female world. Why she now knows to value the share of the Gardena Holding AG.
Gardena Holding AG
Preferred share, 5 DM,
Ulm, October 1996
Gardena
Holding AG
H
ow anger turns into delight: The other day, my husband dug up the garden. He wanted
a ‘golf lawn, not a field of weeds’. If that was already necessary, why not place an
irrigation systems, that was my answer. I had always wanted something like that. To the
building market and in the end a system of Gardena in my shopping cart. Gardena isn’t only
functional, it has also got an appealing design. This also applies to the share of the specialist
for garden equipment which my husband has hanging on his wall in his study. Flowers, leaves
and a garden hose with a well-known plugging system decorate the share of the Gardena
Holding AG. It was issued on the stock exchange in 1996.
However, the company already came into being in 1961 as Kress + Kastner GmbH. Five
years later the brand name Gardena was developed. Henceforth the company from Ulm
signed with the firm name Gardena Kress + Kastner GmbH. In 1968 it was followed by
the introduction of the hose plugging system. Three years after going public, Gardena was
sold through the founding families to the Swedish Privat-Equity-Company Industri Kapital
Gardena in 1999, followed in 2003 by the delisting of the Gardena shares and the change
of name as Gardena AG. One year later, the US subsidiary Melnor Inc. was sold. Finally, in
December 2006, Industri Kapital liquidated Gardena for 730 million euros to Husqvarna.
The AG was again changed into a GmbH and became a subsidiary of the Swedish producer
of motor saws and lawn mowers.
The irrigation system is by now placed and grass has grown over it. What remains is the
easier way of irrigating the garden – thanks to Gardena. Now I also connect something to this
share.
1961 Founded by the merchants
Eberhard Kastner and Werner
Kress as Kress + Kastner GmbH
1966 The Gardena brand is
created, the company name is now
Gardena Kress + Kastner GmbH
1968 Introduction of the hose
plugging system
1976 Introduction of the exchangehandle system
1996 IPO of Gardena Holding AG
1999 Sold to the Swedish private
equity firm Industri Kapital
2003 Delisting from the stock
exchange, change of name in
Gardena AG
2006 Sold to Husqvarna, change
from a AG in a GmbH
16 | 26
market & companies | american vignettes
GETTY’S HERITAGE
GEORG ZETZMANN
american
vignettes
!
From now on exactly 30 years ago, Texaco took over the Getty Empire. It was to become an expensive fusion for Texaco. Responsible was a complaint of the rival Pennzoil.
Getty Petroleum Corp.
1 Common stock, April 26, 1990
G. Zetzmann (3), red
I
n the year 1957, the magazine fortune announced that Jean Paul Getty was the richest
man in the world – before the Hunts, Rockefellers, Mellons and Fords. His fortune was
estimated at that time at 700 million up to one billion US dollars. Starting with a heritage of
500,000 dollars in 1930, the oil magnate had put in a unique money carrier in the 20th century. He saw the possibilty to form an integrated oil giant during the depression of the early
1930ies. While other investors and business people went under cover, he remained strongly
convinced that the American industry would emerge stronger than ever before from the
World Economic Crisis. And he would be right.
At first he concentrated on getting control over the oil company Pacific Western Oil Co. He
took over this firm for a stock rate of three dollars per share, knowing quite well that it’s oil
reserves in California only were worth more than dollars per share. In 1932 he had the control.
Thereupon he dismissed all employess of the Pacific Western Oil and employed them again for
80 percent of their former wages.
Pacific Western Oil Company
Specimen, Gold Bond, $ 1000
During the following years he put his efforts into taking over the Tide Water Associated Oil
Co. Back then, Tide Water was the ninth biggest oil company of the US with a capital of around
200 million dollars, at a gain of five million dollars in the year 1932, the lowest point in the depression. The shares had fallen for 90 percent and noted at around three dollars. Getty got the
necessary 4.5 million dollars by selling oil rights in California to Shell Oil in order to buy Tide
Water shares for the unbelievably low price of 2.50 dollars per share.
Shell Oil Company
Bond 8½ %, Due 2000, $ 1000
In the end of April 1933, Getty held 258,000 pieces in his hands. This gave him a post as director
in the company. Meanwhile – in the year 1936 – the Tide Water shares had climbed to 20 dollars
and their flight continued. In 1947, Getty founded the holding company Mission Development
in order to mostly increase his share of Tide Water. The final fusion of Tide Water with Getty Oil
happened in 1966, when Getty controlled 72 percent of Tide Water. Personally, J. Paul Getty owned
four million shares of the new company. The increase of the price for mineral oil by te Arabic oil
countries from three to twelve dollars per barrel in 1973 respectively increased Getty’s wealth. ►
17 | 26
Mission Development Company
100 shares, Jan. 3, 1956
G. Zetzmann (3), gemeinfrei
► At the age of 64 years, Getty changed the name Pacific Western into Getty Oil Company and
discovered his heart for supertankers. Here he again showed his ability and his salesmanship. He
gave the orders for his supertankers to French shipyards, which were subsidized for 35 percent
by the French government and were to be liquidated. The necessary capital of Francs for the
building of the ships he got from American movie companies at 70 percent of the nominal par.
Thus, the tankers only cost 45.5 percent of the production price for Getty. His smallest tanker,
the Ss Veedol (46,000 tons) was already finished in 1955. With his fleet of tankers the smaller
ships of his rivals were made incapable of competing.
There are also examples for J. Paul Getty’s business sense in the estate market. The Pierre Hotel
in New York, a luxury palace, built in 1930 for ten million dollars changed onto Getty’s hands
in 1938 for only 2.35 million dollars. He got the estate Sutton Place in Guildford Surrey even
cheaper, at a distance of around 40 kilometres from the London city centre. The estate, which
also had a park of 60 acres, was built in 1917 with building costs of 120,000 English pounds.
The owner, duke of Sutherland assigned the ruler seat to Getty for 50,000 pounds in 1959.
When looking at the devaluation of the British pound which happened in the years 1917 until
1959, this procedure is almost unbelievable incomprehensible.
After J. Paul Getty had died at the age of 83 years on June 6th, 1976, in his favorite armchair in
his working room in Sutton Place, his capital was divided between 26 heirs. The extense of this
heritage can be measured on the daily amount of interest which the Sarah C. Getty Trust got
for it’s money that it had invested in US short taps in 1985: one million dollar every 24 hours!
Getty had already made sure that his nae wouldn’t be forgotten by building a museum in Malibu,
California during his lifetime.After his death, the Getty museum received a liquid funds of 1.26
million dollars and thus became by far the richest institute in the world. The museum is bound
to spend 54 million dollars a year in the world of art. Gordon P. Getty, the American who led
the list of the 400 richest Americans in the Forbes magazine in 1982 is appointed as custodian
and caretaker of the Getty Trust by the other heirs. This choice wasn’t really lucky, becaue Gordon developed ambitious plans to take over the management of Getty Oil. The tension which
this caused with the directors and the disagreements with the other 25 heirs aren’t good for the
firm and turned it into a transfer object.
On November 15th, 1983, the president of the firm Pennzoil, J. Hugh Liedke, appears as
a potential buyer for Gordon Getty and quickly comes to an agreement with him. Gordon
is to be chairman of the supervisory board after the transfer and the free shareholders will
receive 110 dollars per share – 20 dollars above the last stock exchange rate. This deal with the
rather small oil company Pennzoil Copany is stopped with an interim injunction on omission of further steps. This injunction was requested by J. Paul Getty’s daughters at a court in
California.
J. Paul Getty
The American oil magnate was
born on December 15th in 1892
(died on June 6th, 1976). He made
himself immortal as a man of art with
his J. Paul Getty Museum in 1954.
Only in the past year, 1.7 million
visitors visited the art museum in California. Getty studied in Berkeley and
in Oxford, was the son of rich parents
and was able to make a quick career
in the oil industry through a heritage.
He was married five times.
Texaco Inc.
Bond, 8½ %, Due 2006, Jul. 14, 1976
The delay which thus ensued made it possible for John McKinley, president of Texaco Inc., the
thirs biggest oil company in the US, to pose a counter offer to Gordon. He offers 125 dollars ►
18 | 26
Pennzoil United, Inc.
Bond 5¼ %, $ 1000, Due 1996,
03/14/74, with mark: "Name
changed to Pennzoil Company"
Getty gas station
G. Zetzmann, gemeinfrei
► per share, and for all of the shares. Gordon as custodian immediately accepts this offer,
because the capital of the Trust is thus increased enormously. The signing of the transfer of
Getty Oil through Texaco for 10.1 billion dollars was until then the biggest transaction of this
kind in history. Pennzoil of course felt cheated by Texaco and brought an action against the
company for unfair hecotring in the planned transfer.
No one took this action seriously, but in November 1985, a Texan court convicted Texaco to a
payment of 10.5 billion dollars to Pennzoil. Texaco gave notice of appeal. The next Texan instance reduced the sum only for two billion dollars in February 1986. Now Texaco left nothing
untried to reach an agreement with pennzoil outside of court. In 1987, ther was a peace treaty.
James Kinnear for Texaco and Hugh Leidke for Pennzoil signed identical copies of a contract
which planned for Texaco to pay 3 billion dollars per one billion barrels Getty Oil. The costs for
the fes of the lawyer Jamails were numbered at 500 million dollars.pennzoil thus hit Texaco so
hard that this company went under the protection of chapter 11 of the American bankruptcy
right on April 12th, 1987. It was by far the biggest bankruptcy in American history. All because
of Getty’ heritage. However, Texaco regained it’s footing thorugh participation sales, before the
company went into the Chevron Corporation in 2001.
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collectors & dealers | my favorite share
TEXTIL-INDUSTRIE AG
ULRICH W. HANKE
!
For Matthias Morgner his home is decisive for choosing his favorite share. He has been living in Wuppertal,
Germany, for 45 years – a city of weavers, tailors and of textile industry.
F
or Matthias Morgner, who was born in Berlin, his chosen home is Wuppertal. He has
been living there for 45 years already. According to Morgner, only a few people know that
the textile industry there lived through a boom during the times of the Second Wolrd War. In
Wuppertal, the uniforms were produced, particuarly for the paratroopers. It is known: The
city was founded on August 1st, 1929, through the union of the cities Elberfeld and Barmen
as well as Rosdorf, Cronenberg and Vohwinkel under the name of Barmen-Elberfeld as an
urban municipality. It was renamed into Wuppertal in 1930 after an inquiry amongst the
citizens, which expresses the geographical place of the city next to the valley of the Wupper.
So it is obvious that Morgner’s favorite share comes from Wuppertal. The share of the textile
industry AG Wuppertal-Barmen over 20 reichsmarks and with a pretty water mark comes
from the year 1936 – so from a time shortly after the renaming of the city. The company was
founded in 1916 as Textil-Industrie Barmen. The Samt- und Plüschwerke Niedeck & Co. AG,
the Band- und Spitzenfabrik Vogelsang und Zimmermann in Barmen-Wichlinghausen (since
1917) and the Spinnerei M. Lamberts und May AG in Gladbach (since 1920) belonged to it.
In 1927 there was a silent liquidation, in which there is an execution with an agreement on
both sides of the shareholders – without a termination agreement. Finally, the general x^x^
ecided in 1934 to continue the incorporation as Textil-Industrie AG Wuppertal-Barmen. In
1936, the company issued these new shares..
Matthias Morgner
works in the pharma branch. The
man who was born in Berlin feels
more like he came from Wuppertal
than from Berlin.
Known emissions and circulation of
Textil-Industrie AG
Aktie, 1000 Mk, 1.2.1917
4700
Aktie, 1000 Mk, 1.6.1920
8000
Aktie, 1000 Mk, 20.2.1921
k. A.
Aktie, 1000 Mk, 1.4.1921
25 500 (4)
Aktie, 1000 Mk, 14.2.1922
28 000 (12)
Aktie, 20 RM, 15.7.1936
k. A. (50)
Quelle: Suppes; in Klammern: Anzahl der Stücke im
Reichsbankschatz; k. A.: keine Angabe
Textil-Industrie AG
Wuppertal-Barmen
Share, 20 RM, July 15, 1936.
M. Morgner, red
20 | 26
prices & auctions
Bond of the city
Nürnberg from 1598
Below: Share of Neue
Dampfer-Compagnie,
Stettin from 1919,
Share of Zoologischer
Garten zu Dresden
from 1861
HWPH (3)
HWPH AUCTION
ON-LINE
hwph.de
The presence auction in Wiesbaden offers 50 highlights which have it all – amongst them a hitherto
PREVIEW unkown share of the Neue Dampfer-Compagnie as well as a bond of the city Nürnberg from 1598.
O
n Saturday, 18th of October the 35th HWPH Historisches Wertpapierhaus AG auction
takes place in the Erbprinzenpalais in Wiesbaden, Germany. The focus will be once again
be on value papers from Russia and other states of the former Sowjet Union, because the pieces
from Dr. Helmut Fischer’s collection from which weren’t sold in the 29th and 31st auction, are
offered for lower starting prices. However, there are also numerous highlights and unique pieces
amongst the papers from the rest of the world.
A collection of 40 different papers around the American Express Company (lot 415) stands
out particularly. Amongst others, the collection contains the founding share, a paper of the
Wells Fargo and Company with a signature from William G. Fargo, as well as numerous papers of American Express as well as of the Merchants Despatch Transportation Company
with interesting combinations of signatures. The starting price is set really low with 13,000
euros, if you keep in mind that the founding share alone was called with 6000 euros at FHW
in Frankfurt.
However, there are also numerous top pieces from Germany in the acution, as for example a
founding share of the Hippodrom AG (lot 431, starting bid 7500 euros) from Frankfurt or the
founding share of the Gesellschaft für Linde’s Eismaschinen AG (lot 430, 1200 euros) from
Wiesbaden. The paper holds Dr. Carl von Linde’s original signature, who was the founder
of the firm. Other highlights from Germany: A bond of the city of Nürnberg form 1598, a
blank bond of a share of the Actiengesellschaft Augsburger Localbahn Augsburg from 1898, a
hitherto unknown share of the Neue Dampfer-Compagnie from Stettin (1918), blank bond of
a share certificate of the Actienbrauerei Karlsburg from the year 1893, a share of the Berliner
Bierbrauerei, Actiengesellschaft vormals F. W. Hilsebein from the year 1898, which will again be
available after almost 40 years! A share of the Ceres-Zuckerfabrik Dirschau, which was emitted
in 1884, was owned by the provider about just as long.
50 highlights will again be presented in several languages in their own catalague. In Wiesbaden,
there is again a broad offer of DM papers. Here, around 100 different pieces will be exclaimed
in the hall and will again cause numerous bidding contests, because most of these papers will be
presented on an auction for the first time.
The presence auction in Wiesbaden comprises 898 lots. The other around 1100 lots will be
auctioned in an on-line live-auction, as always at HWPH, on the following Monday, 20th of
RED
October.
21 | 26
prices & auctions | statistics
RESULTS
The holiday season was in August also at Ebay.de not pass without a trace. We could therefore
recorded neither record prices still a record number of bids. A Petchili Bond for a four-figure
sum stands out yet. Then follow more "favorable" pieces. Striking was the variety of the offered
gold bonds of the Lung-Tsing-U-Hai Railway. Provider S. Gasche from Rothrist, Switzerland, which
requires 4,50 EUR postage and packaging, however German customers get his goods to 1.45
euros per German Post, had offer #102777 twice in August. At the first auction 17 bidders offered total of 27 times. It won bidder r *** r (189) with 271.00 euros – he had offered a total of
four times – just before d *** 2 (17), which offered 270.00 euros and had offered solely on this
property. The second time won again r *** r (189) with 301.00 euros, this time had 7 persons
submit a total of 16 bids. Bidder 5 *** 6 (49) offered EUR 300.00. The example shows once
again that you can not be sure that even a sale has taken place.
AUCTIONS
TOP 10 (Q1-Q2 2014)
Zuschlag
(in €)*
Preis |
Price
(in €)*
1003,50
Titel | Title
Auktion
(2014)
Oost-Indische Compagnie (VOC), 1623
30 000
30 000
HWPH
Roulette de Monte Carlo (Repro.), 1924
23 000
16-2500
Spink, CH
Dt. Lebens-Versich.-Ges. zu Lübeck, 1828
22 000
EBAY.DE – TOP PRICES
Ausruf
(in €)**
18 000
HSK
Gold Loan f. Hankow-Canton Railway, 1900
Beschreibung | Description
Gebote |
Bids
Government of the Province of Petchili
Obligation 5,5%, 20 £, Anvers, 4.4.1913, #08902
1
399,00
3x Actien-Zucker-Fabrik-Wetterau Friedberg
Aktie, 300 Mk, 6/1884 (#490, #711), 1.7.1920 (#1157)
305,50
Lung-Tsing-U-Hai Railway
Obligation (Gold Loan) 5%, 20 £, 1913, #102777
16
1
275,50
27
227,49
5
197,00
190,45
Erin Bergbau AG Castrop-Rauxel
Globalaktie, 500 DM, 12/1954, #043961-65
1
17
179,45
Globalaktie, 1000 DM, 12/1954, #090071-80
16
153,65
Deutsche Gelatine-Fabriken
Aktie, 400 DM, Göppingen, 30.12.1959, Blankette
14
152,45
Globalaktie, 1000 DM, 12/1954, #090691-700
15
130,99
Chinese Government
Gold Loan, per 5 Cent, 1912, #22815, Erhaltung: F-
14
124,90
Deutsches Aktien-Set
180 Stücke, u. a. 85x Bank für Brau-Industrie, Berlin
17
123,47
Ziegelwerk Mühlacker KGaA
Stamm-Aktie, 1000 DM, 1.1.1954, Blankette
10
119,12
Händlerlot 200 Reichsbank
"alles durcheinander, Flohmarkt...aber gut erhalten"
11
117,59
Stadt Hanau
Anleihe 3,5%, 1000 Mk, Lit. A, 1.4.1888, Blankette
39
106,50
Grosse Casseler Strassenbahn AG
Actie, 1000 Mk, 21.1.1898, #4603
105,50
Alpenländische Handels-AG, Innsbruck
Aktie, 25x1000 Kronen, 1.8.1922, #78076-100
105,00
Commerz-Film AG
Aktie, 1000 RM, Berlin, 10/1942, #00100, gelocht
104,50
Hofherr-Schrantz Magyar Gepgyari Müvek
Aktie, 200 Kronen, Kispest (Kleinpest), 1908, #13643
103,50
American Merchants Union Express Co.
5 Shares, 3.2.1869, #4553 (abgebildet: #4564)
16 700
16-20 000
Spink, HK
Chinese Imperial Loan Agreement, 1895
16 700
18-23 000
Spink, HK
Compagnie des Indes,
13 100
15-16 500
Spink, CH
Bill of Exchange, Benjamin Franklin,
12 300
15-16 500
Spink, CH
Treasury of the United States,
11 000
2000
Boone
Harburg-Engl. Dampfschifffahrts-Ges.,
8500
7500
FHW
Arminius AG für Bierbrauerei u. K.,
8000
7000
HWPH
–
–
Durchschnitt
16 130
alle Angaben ohne Gewähr; *ohne Provision
und MwSt.; **oder Schätzpreis (umgerechnet in Euro); Quelle: eigene Recherche
7
16
1
1
11
EBAY.DE – MOST BIDS
Titel | Title
Beschreibung | Description
Gebote |
Bids
Stadt Hanau
Anleihe 3,5%, 1000 Mk, Lit. A, 1.4.1888, Blankette
39
Lot 8 Hist. Bergbau-Aktien und Kuxe
u. a. Gewerkschaft Montania, Gewerkschaft Margarethe
29
27
67,45
Lot Hist. Aktien Reichsbankschatz Sammlung
12 vers. Aktien, 10 Anleihen, 14 Pfandbriefe, 15 Schuldv.
27
96,89
Hellenic Carpet Manufacturing Company
Anteil über 5 Aktien, Athen, 30.9.1925, #08151-55
26
117,59
40,50
275,50
50,00
Solothurn-Zollikofen-Bern-Bahn
Aktie, 10x50 Franken, 7.7.1923, #6891-900
24
39,77
Michigan Central Railroad Company
Bond, 5000 $, 10.3.1881, #343
22
32,95
Lot 43 hist. Wertpapiere/Aktien USA
43 verschiedene Papiere
21
55,53
Lot 8 RWBCB (nicht gelocht)
8 verschiedene Papiere, 1894–1926
20
54,20
Berliner-Handelsgesellschaft
Antheilschein, 500 Mk, 1.1.1879, #34304
20
alle Angaben ohne Gewähr; August 2014;*inkl. Versand; u. U. ist kein Geschäft zustande gekommen; Quelle: eig. Recherche
HWPH
Preis |
Price
(in €)*
VOC
June 9, 1623, 6,25 % Bond,
3300 fl. £, #16, € 30,000
22 | 26
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money & more | stamps from the gdr
SYMBOLS FROM A DICTATORSHIP
DENISE RISSE
!
It’s the themes that make out stamps. Denise Risse presents postal stamps from the earlier
GDR – this time the emblem of the workers-and-farmers-state and it’s history.
H
ammer and sickle represent work and agriculture as well as communism. The painter
Jewgenij Iwanowitsch Kamsolkin (1885–1957) devised the famous symbol for the 1st
of May 1918 for a feast decoration in Moscow. A few months later, the 5th Allrussian Sowjet
Congress announced the sign to be the new national emblem and thus it was also inserted
in the crest of the Sowjet Union and the Union Republics.
The former national crest in the GDR with hammer and circle in a garland of corn had the
same function: the symbolisation of the workers-and-farmers-state in league with intelligence. The cricle thereby stands for the intelligence as a social layer in the GDR, which means
people with a graduate degree and artists. At first this crest was only unofficial. Through a
law from September 26th, 1995, it became the valid crest until the turn in 1990. Hammer
and circle in a garland of corn really only became an integral part of the national flag with
a law of change on October 1st in 1959. In the federal republic and in West-berlin it was at
first forbidden to wear or show the crest and it was pursued and punished by the police –
only in 1969 the Federal Government changed this practice in the course of the new East
politics. In 2004 a businessman from Karlsruhe tried to get the brand rights for this symbol
and other GDR symbols. He failed. The symbols can be found on countless stamps from
the GDR. NONVALEUR NACHRICHTEN | NEWS
Hammer and circle
National emblem of the GDR
D. Risse (9), gemeinfrei
24 | 26
preview
YOUR NEXT
MAGAZINE
SEPTEMBER
Saturday, 20 September
Papierania auction, Monschau/GER, www.papierania.de
Saturday, 27 September
FHW auction, Frankfurt am Main/GER, www.fhw-online.de
Friday,
October 10, 2014
OCTOBER
Saturday, 11 October
Auction Portafoglio Storico di Alex Witula, Bologna/ITA, www.portafoglio-storico.it
Saturday, 18 October
HWPH auction, Wiesbaden/GER www.hwph.de
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Ihr Magazin zu Historischen Wertpapieren | Your magazine about scripophily
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AUSGABE 8 (16. Heft) 8.8.2014
Titel
Aktien für Ihre Enkel – Diese Stücke machen Geschmack auf mehr
Markt & Unternehmen
Von der Garagenfirma zum Weltkonzern Mattel
Preise & Auktionen
Erste EDHAC-Auktion unter fremder Regie ein Erfolg
DOWNLOAD ► hier klicken oder folgende Adresse eingeben
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AUSGABE 6–7 (15. Heft)
13.6.2014
Titel
1914–2014: 100 Jahre Panamakanal
Markt & Unternehmen
Die Geschichte der Boeing Company
Geld & Mehr
Die Geldscheine der Firma Kärcher
http://downloads.nonvaleur-nachrichten.de/NONVALEUR-06-2014-P1de.pdf
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