STOCKS, BONDS & FISCAL PAPER

BEAUTIFUL, BIG, OLD, BRAZIL RAILWAY COMPANY STOCK CERTIFICATE

This big and beautiful Brazil Railway Company stock certificate features an attractive vignette of a passenger train crossing a bridge.  The 1 Ordinary Share $100 bearer certificate measures 14”x 9.5”(36 x 23cm) and includes an attached full sheet of 40 coupons.  The certificate is dated 1911 and is in both English and French.  The Brazil Railway Company, headquartered in Portland, Maine controlled almost half of the railways in Brazil prior to 1917.   It was part of an international consortium of companies operated by American financier Percival Farquhar which controlled railways, steel mills, cattle ranches, mines and other industries in the United States, Latin America and Russia that was largely financed by European investors.  His empire crumbled when World War I cut off his main source of financing and resources.  In 1917 most of the companies lines were nationalized.  Its last line was nationalized in 1938.  The certificate was printed by Waterloo & Sons, Ltd. in London and bears Farquhar’s facsimile signature.   It is an impressive and historic stock certificate.

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OLD CHINESE LOTTERY LOAN BOND

The Republic of China issued this 5 Dollar Second Nationalist Government Lottery Loan bond in 1926 to raise money to finance improvements in the Port of Whampoa in Canton, (now Pazou, a section of Guangzhou).  Rather than pay interest the bonds were automatically entered into a tri-monthly lottery that paid prizes from $1,000 to $50,000. This made the bonds popular with the Chinese, who are natural gamblers.  The front of the bond is in Chinese, the reverse in English.  Both the front and back are underprinted with a map of the port. The bonds specify that they are denominated  as "5 Dollars Canton Currency".  At the time the bond was issued China was involved in a three-way civil war between Northern China, Southern China and the Communists, each issuing its own currency, so it was necessary to specify which exactly Chinese currency.   The bond measures about 7 1/4" x 5" (18cm x 13cm).

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1938 CHINESE WAR BONDS DEPICTS AIR AND SEA BATTLES

These 1938 Chinese War bonds include two wonderful vignettes.  One showing an aerial dogfight, the other depicting costal gun emplacements blasting ships offshore.  The bonds were issued by Kwangtung Province of China in March 1938 to raise funds in a desperate attempt to stop the Japanese invasion of China.  By the time the bonds were issued, Japan had already begun an naval and aerial blockade of Canton (now Guangzhou), the capital of Kwangtung Province (now Guangzhou).  Beijing, Shanghai and the national capital of Nanjing had already fallen to the Japanese.  The bonds were issued in low denominations in order to allow most Chinese to purchase them.  The defense of Canton failed and the city fell to the Japanese in December 1938. The bonds are labeled in Chinese "27th year Kwangtung Province National Defense Public Bond" and paid a 4% interest.  Only the first three coupons on each bond have been clipped.  The bonds measure approximately 10.5"x12.5" (26x31.5cm)      The 5 Dollar bonds are blue, the 10 Dollar bonds are brown.  It is an important item issued during the Japanese invasion of China.

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UNUSUAL 1925 GERMAN REPLACEMENT "DOUBLE" BONDS

These unusual 1925 German Replacement bonds are in effect two bonds in one!   Germans invested heavily in war bonds during World War I. Following the war many Germans were forced to buy government bonds in an effort by the German government to raise money to pay the heavy war reparations forced on Germany by the Allies.  The 1922-1923 German hyperinflation completely wiped out the value of the bonds and left Germans impoverished.  After the value of the Mark was stabilized in 1924 Germans were partially compensated for their losses with these 1925 Replacement Bonds.  The conversion rate between the old bonds and replacement bonds was between 2 1/2 and 15 percent, so the they still lost a lot, but at least they got something to help quiet the unhappy citizens.  The Replacement bonds are in effect two bonds in one.  The left-hand side is a debenture that was not to be repaid until after all the war reparations payment had been made.  The right-hand side had side was a lottery bond in which a portion of the bonds would be drawn each year and redeemed for five times the face value of the bond.   We have these unusual replacement bonds in fiyr different denominations:  25 Reichsmark, 50 Reichsmark, 100 Reichsmark and 200 Reichsmark.  All the denominations have the same basic design. The large-size bonds measure 42 x 29.5cm (16.5" x 11.5") are folded in the center. The bonds are almost Uncirculated.  A punch cancellation is in the border.  They are an interesting and unusual piece of German economic history.

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NAZI GERMAN BONDS

These bonds were issued by Nazi Germany between 1935 and 1942.  The bonds had a lottery aspect, with a portion of the bonds being drawn each year for repayment.   The 1935 and 1936 bonds were issued by the Reich Debt Administration and carry a nominal interest rate of 4 1/2%.  The 1935 issue bear, the Reich’s eagle from the Weimar Republic, the 1936 have the Nazi Eagle & Swastika emblem.  The 1942 bonds were issued by the state of Thuringia with a nominal interest rate of 3 1/2%.  They have the embossed Nazi eagle & swastika emblem.   The bonds measure approximately 8.5" x 11.75" (21cm x 29.5cm) and have been canceled by a single hole punch.  The bonds have a remarkable history.  Having been stored in the impenetrable safe of the Reichsbank in Berlin, they survived the Second World War unscathed by bombings. Even during the years of the German Democratic Republic they went largely untouched.  In 2015 the German Ministry of Finance had the bonds sold at auction, with the proceeds going to the Nazi Crimes Compensation Fund.  They are remarkable and historic items of Nazi German economic history.

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WWI HUNGARIAN WAR BOND

This large (15.75" x 9.75", 25 x 40cm) bearer bond was issued by the Royal Hungarian Ministry of Finance on May 12, 1917 for 50 Crowns (Krona). The bond is written in four languages: Hungarian, German, French and English. At the time Hungary, as part of the Austro-Hungarian Empire, was engaged in World War I and needed funds to continue its war effort. Only about 5% of the cost of Hungary's war effort was covered by regular government revenue (taxes, etc.) Most of the rest came from issuing bonds or borrowings from the Central Bank. All citizens and soldiers were expected to purchase bonds to support the war effort. The bond paid 6% annual interest, tax and duty free. Included with the bond was a sheet of semi-annual coupons.  The bond had no maturity, but was callable any time after August 1, 1922.  That never happened.  With the defeat and breakup of the Austro-Hungarian Empire in November 1918 and the enormous level of debt accumulated during the war, the value of the currency - and the bonds collapsed. It is an historic World War I bond that has never been redeemed.



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HUNDIS FROM INDIA

The Hundi is a financial instrument developed by the native bankers in India.  It can perform a variety of banking tasks.  Depending on how it is written it may act like a Bill of Exchange, extension of credit, transfer of funds, or a travelers check. The Indian government, seeing a lucrative source of revenue, required all Hundis to be written on a special watermarked government form bearing a tax imprint.  We offer a set of two Hundi notes.  Included is a Hundi bearing a 2 Rupee tax imprint on a mostly blank form that references another document, and a Hundi bearing a 1 Rupee tax imprint that is on a pre-printed form for the Swadeshi Cotton Mills Company Limited. The Hundis are approximately 220mm x 130mm (5.25” x 8.75”) and were issued in the 1970’s. It is an unusual financial instrument that is rarely offered for sale.

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SOVIET UNION LOTTERY BOND

Opportunities for savings or investment were severly limited in the Soviet Union.  One could put their money into the state bank which paid 2% to 3% interest or one could buy government issued lottery bonds.  This 50 Ruble lottery bond was issued by the Soviet Union in 1982.   Monthly drawings were held over a 20-year period, with prizes ranging from 100 Rubles to 10,000 Rubles (or a new Volga automobile and 5000 Rubles. Over the 20-year period approximately 32% of the bonds would be drawn for a prize, the rest would get back their principal.  With the collapse of the Soviet Union in 1991 and subsequent inflation the bonds became virtually worthless.  The green bond measures 160 x 116mm.  It is an historic item from the final decade of the Soviet Union.

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ATTRACTIVE & HISTORIC STOCK & BOND CERTIFICATES  

Corporations used to issue attractive, beautifully engraved stock and bond certificates. Now stocks are tracked electronically.  Certificates are rarely issued and some brokerage houses charge hundreds of dollars should you request one.   We have accumulated a wonderful selection of stock and bond certificates from a wide range of well known and not so well known American companies.
Most certificates date from the late 1950's to the early 1980's.  They measure about about 12" x 8" (30.5 x 20cm), though some may be smaller and bonds are often larger. All are genuine, original certificates in nice condition.  They look quite impressive when framed.   These are popular.  We have sold out every time we offer these selections.
  
The set of 10 Different includes:
Food Fair Stores, which features a wonderful vignette of a classical Greek maiden carrying a bag of groceries,
International Telephone and Telegraph was a conglomerate.  Its subisidaries supplied both the Allies and Axis in World War II and was the largest sharholder in Focke-Wulf which built many of the German fighter aircraft. In the 1970's it help fund a coup d'etat that overthew the elected the elected government Chile,  Since then most of the subsidaries have been sold off and the company broken up.
Rockwell-Standard later became North American Rockwell. whose operations eventually included aerospace, aviation, power tools, truck parts, printing presses and electornic components. It built the B-1 Bomber and was heavily involved in the Apollo and Space Shuttle projects.   It has since been broken up.
Consolidated Edison and Pennsylvania Power and Light (now PPL Corp.) two major east coast utilities.

The lot of 50 Different includes older and unissued certificates.

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BEAUTIFUL OLD $1000 RAILROAD BOND - PAYABLE IN 2361AD!

 
The Westshore Railroad Company was created to compete against the New York Central.  It operated over 488 miles of track from Weehawken, New Jersey, which is across the Hudson River from New York City, to Albany and Buffalo. In 1885 the New York Central drove it into bankruptcy, then leased it back for 475 years starting January 1, 1886.  The New York Central  had the West Shore issue $50,000,000 of these Registered bonds at 4% interest, with the principal not due until the lease ran out in 2361AD.  Talk about thinking long term!   The Westshore Railroad and the New York Central are long gone. Much of the line is now part of the CSX system.  One side of this large size beautifully engraved $1000 has wonderful old vignette of a river scene that includes sailing ships, steam boats and a passanger train.  The other side has an eagle vignette. These bonds are dated in the 1940's and 1950's and are punch cancelled.

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scale with which to judge image sizes

All items are guaranteed to be genuine, unless clearly indicated otherwise.
NOTE:  All pictures are of a typical item taken from stock.  Because we have multiples of most items, the item you receive may not look exactly the same, however it will be as described.

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Joel Anderson
PO Box 365
Grover Beach, CA 93483-0365
USA

Phone: 1 805 489 8045 | Fax: 1 805 299 1818
Email: orders@joelscoins.com

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