Bonds and Share Certificates of the World

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STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES

69 Southampton Row, Bloomsbury, London WC1B 4ETwww.spink.com

£25

BONDS AND SHARECERTIFICATES OF THE WORLD

28 NOVEMBER 2013

LONDON

Spink 13017 Bonds cover:Layout 1 7/11/13 12:27 Page 1

GROUP CHAIRMAN AND CEO

Olivier D. Stocker

YOUR SPECIALISTS

STAMPS

UK - Tim Hirsch Guy Croton David Parsons Nick Startup Neill GrangerPaul Mathews Dominic Savastano Tom Smith Ian Shapiro

USA - George Eveleth Richard DebneyEUROPE - Guido Craveri Fernando Martínez

CHINA - Anna LeeCOINS

UK - Mike Veissid Paul Dawson Richard Bishop William MacKayEleanor Charlotte Dix Tim Robson Edouard Wyngaard Barbara Mears John Pett

USA - Stephen Goldsmith Greg ColeBANKNOTES, BONDS & SHARES

UK - Barnaby Faull Mike Veissid Andrew PattisonUSA - Stephen GoldsmithEUROPE - Peter Christen

ORDERS, DECORATIONS, MEDALS & MILITARIA

UK - Mark Quayle Oliver PepysBOOKS

UK - Philip Skingley Jennifer MulhollandAUTOGRAPHS

USA - Stephen GoldsmithWINES

CHINA - Anna Lee Guillaume Willk-Fabia

YOUR EUROPE TEAM (LONDON - LUGANO)

Chairman’s OfficeMonica Kruber Charles Blane

DirectorsTim Hirsch Anthony Spink

Auction & Client Management TeamMiroslava Adusei-Poku Eleanor Ball Luca Borgo Rita Ariete Dora Szigeti John Winchcombe

Kenichiro Imase María Martínez Maurizio Schenini

FinanceAlison Bennet Marco Fiori Mina Bhagat Dennis Muriu Billy Tumelty Dean Dowdall

IT & AdministrationBerdia Qamarauli Leszek Woronowicz Liz Cones Curlene Spencer

Tom Robinson Cristina Dugoni Giacomo Canzi

YOUR AMERICA TEAM (NEW YORK)

Chairman EmeritusJohn Herzog

Auction Administration and Marketing & DesignSonia Alves Luke Mitchell

Finance & AdministrationSam Qureshi Ingrid Qureshi

AuctioneerStephen Goldsmith

YOUR ASIA TEAM (HONG KONG - SINGAPORE)

Vice ChairmanAnna Lee

AdministrationAngie Ihlofung Amy Yung Newton Tsang Raymond Tat Gary Tan

BANKNOTES

5/6 December World Banknotes London 1303414/15 January The Collector’s Series Sale New York 31819 January Coins, Banknotes, Bonds and Share Certificates of China and Hong Kong Hong Kong 1401115/16 April World Banknotes London 14008

SALE CALENDAR 2013/2014

The above sale dates are subject to change

Spink offers the following services:– VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS –– SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

STAMPS

11/12/13 November The Collector’s Series Sale London 1304314 November The “Lionheart” Collection of Great Britain and British Empire - Part II London 1304914 November The Robert Marion Collection of Mauritius Stamps and Postal History London 1304815 November Postal History and Historical Documents London 1305011 December Great Britain Stamps and Postal History London 1304418 January Fine Stamps and Covers of China and Hong Kong Hong Kong 14010

COINS

2/3 December Ancient, British & Foreign Coins and Commemorative Medals London 1301514/15 January The Collector’s Series Sale New York 31819 January Coins, Banknotes, Bonds and Share Certificates of China and Hong Kong Hong Kong 1401126 March Specialist Islamic Sale London 1401226/27 March Ancient, British and Foreign Coins and Commemorative Medals London 14004

MEDALS

21 November Orders, Decorations, Campaign Medals & Militaria London 1300324 April Orders, Decorations, Campaign Medals & Militaria London 14001

BONDS AND SHARES

28 November Bonds and Share Certificates of the World London 1301714/15 January The Collector’s Series Sale New York 31816 January Bonds and Share Certificates of the Americas New York 31919 January Coins, Banknotes, Bonds and Share Certificates of China and Hong Kong Hong Kong 14011

AUTOGRAPHS

15 November Postal History and Historical Documents London 1305028 November The Bruce Lee Memorabilia Sale Hong Kong 1305114/15 January The Collector’s Series Sale New York 318

WINES

17 January An Evening of Exceptional Wines Hong Kong SFW04


BONDS AND SHARE CERTIFICATESOF THE WORLD

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SALE LOCATION

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SALE DETAILS

Thursday 28 November at 10.00 a.m.

In sending commission bids or making enquiries,

this sale should be referred to as HOUBLON - 13017

VIEWING OF LOTS

SPINK LONDON

69 Southampton Row, Bloomsbury

London WC1B 4ET

Wednesday 27 November 2013 10.00 a.m. - 5.00 p.m.

and during the sale

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28 November 2013 in London and on

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FOR YOUR INTERNET BIDDING

Spink 13017 Bonds pages:Layout 1 6/11/13 14:08 Page 1

MISCELLANEOUS LOTS 1- 8

ROSS COLLECTIONSouth Africa:Bank and Commercial 9- 30Diamonds 31- 45Gold Mines 46-135Other Mining and Minerals 136-140Rhodesia 141-146South West Africa 147-148

OTHER PROPERTIESFrench Congo 149Guinea 150Mozambique 151Nyasaland 152Portuguese Congo 153South Africa 154

NEAR AND MIDDLE EASTOttoman Empire 155-158Egypt 159-167Algeria 168Ethiopia 169-170Madagascar 171Morocco 172-174Palestine 175-177Persia 178Syria 179Tunisia 180-181

ASIACeylon 182China:Government Loans 183-260Internal Loans 261-262Municipal Loans 263-271Bank and Commercial 272-287Shanghai Companies in Malaya 288-293French Indo-China 294-296India 297-304Thailand/Siam 305

AUSTRALASIAAustralia 306-311New Zealand 312-313

CANADA 314-345

EUROPEAustria/ Hungary 346-349Belgium 350-354Bulgaria 355Croatia 356Czechoslovakia 357-358Danzig 359Denmark 360

Estonia 361France 362-392Germany 393-408Greece 409-415Hungary 416Italy 417-419Netherlands 420-422Norway 423Poland 424-430Portugal 431-446Roumania 447-449Serbia 450Spain 451-471Switzerland 472

UNITED KINGDOM AND IRELANDGovernment 473-477Canals 478-480Railways 481-497Shipping and Marine 498-502Motor Cars and Road Transport 503-504Aviation 505-505ABanks and Financial 506-514Commercial and Industrial 515-546Ireland 547-560

LATIN AMERICAArgentina 561-570Brazil 571-587Chile 588-590Cuba 591-595Guatemala 596Honduras 597Mexico 598-607Panama 608Paraguay 609Peru 610Poyais 611-612Uruguay 613Venezuela 614British Guiana 615Trinidad 616

RUSSIAState Loans 617-631City Loans 632-664Railways 665-696Banks and Commercial 697-705

UNITED STATES OF AMERICAState Loans 706-711Railways 712-718Express Companies 719-724Commercial and Industrial 725-743

A MINING LIBRARY 744-783

ORDER OF SALE

bonds and share CertifiCates of the WorLd

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3Gold Mining Association of France Ltd., a group of3 bearer warrants for 1, 5 and 10 shares of £1 each,1889, attractive borders with mining scenes, green,brown and red respectively, with coupons; togetherwith other British registered companies (10),including Russo-Roumanian Oil Co. (Russe-Roumano de Petrole) Ltd., preference share warrants,1913 (2 examples); Paccha and Jazpampa Nitrate Co.Ltd., 10 shares, 1895, very attractive piece printed byWaterlow & Sons, and I X L Gold & Silver MiningCo. Ltd., £1 shares, 1874, generally very fine andbetter. (13)

£150-180

4A group of bonds and share certificates (64), fromBulgaria, Roumania, Germany, Italy, Hungary andFrance, includes Temesvar Varjaser Railway, 1907;Bank of Roumania, 1903; Banca Elvetiana deDepozite din Romania; Kingdom of Bulgaria, 1928,$1000 and 1926, $1000, mixed condition but manyare very fine and better. (64)

£150-200

LOTS AND COLLECTIONS

november 28, 2013 - London

3

THURSDAY 28 NOVEMBER 2013

Commencing at 10.00 a.m.

All Sales are subject to the Terms and Conditions for Buyers 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.

1A very miscellaneous lot of certificates comprisingChina, 1898 Gold Loan, £25 bond, German issue,trimmed; Bengal Chemical & Pharmaceutical WorksLtd., 500 rupee debentures, 1950 (2 copies); BuckMountain Coal Co., Pennsylvania, $50 shares, 18[71],attractive piece but ink cancelled on face; London &Westminster Bank Ltd., £100 shares, 18[94], andother certificates (4), generally very fine and better. (9)

£50-60

2A collection of Eastern European certificates fromAustria, Hungary, Poland, Roumania and Bulgaria(25), including Sierszan Mining Factories Ltd., 1929;Wien-Pottendorf-Wr.-Neustadter-Bahn, 1874; LloydBank, 100 shares, 1923; K.K. Priv. OesterreichischeStaats-Eisenbahn-Ges., 1859 (2 examples); K.K.Priv.Lemberg-Czernowitz-Jassy Eisenbahn-Ges., 1894 (2examples); Oberosterreichischen Wasserkraft-undElektrizitats AG, 1922 and OberosterreichischeElektrotechnische Werke AG, 1923, mixed conditionbut many are very fine and better. (25)

£100-120


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5A group of certificates from Palestine, Egypt,Ottoman Empire and Greece, comprising JewishColonial Trust, 1919; Panoramas de Jerusalem, 1898;Halvaah Vehisachon Co-operative Society, depositcertificate, 1937; Grandes Magasins du Progres leCaire, 1907 (2); Land Bank of Egypt, 1905 (3);Chemins de Fer de la Basse-Egypte, 1896 (3 - twotypes), 1912; Cie. Gen. d’Omnibus et d’Autobus deConstantinople, 1910 (2); S.A. d’Industrie deCommerce et de Transports ‘Hermes’, 1925, andothers (6), many fine and very fine, a useful lot. (21)

£150-200

6A group of bonds and share certificates from LatinAmerica (28), includes Panama Canal, ObligationNouvelle, 1000 francs, 1886 (2) and 2nd series, 1887;500 franc shares, 1880 (2); Mexico Institution forEncourangement of Irrigation Works andDevelopment of Agriculture, $100 US gold bond,1908; Brazil Railway Co., 500 franc 1st mortgagebonds (4) and ordinary share, 1911; Brazil, Cheminde Fer Victoria a Minas, 500 franc bonds, 1902 and1904, and Madeira-Mamore Railway Co., 4 differentincome bonds, 1922, many are very fine and better.(28)

£180-220

7A large collection/accumulation of Europeanbonds and share certificates (approx. 300), manyFrench and Belgian, many with vignettes, includesSoc. Centrale des Allumettes, 100 francs, 1896, veryattractive piece with factory scenes around ornateborder; Cie Franco-Polonaise des Petroles, 500 francs,1919; Chemin de Fer d’Alais au Rhone et a laMediterranee, 1879; Tramways de la Rive Gauche deParis, 1899; Locomotion Electrique, 1899; Houilleresde Saint-Etienne, 2 types, 1923, and 1926; Minesd’Anthracite de Saint-Agnes, 1909, and Voies Ferreesdu Dauphine, 1906, a must to view, many very fine andbetter. (approx. 300)

£400-500

8A large group of specimen certificates from theBradbury, Wilkinson & Co. archive (approx. 500),mostly dating from the 1910’s to 1930’s, includesshare certificates, mainly from English companies andsome bonds, again mostly English but a few foreign, avery useful lot in generally very fine to extremely finecondition and well worth closer inspection. (approx.500)

£2,000-3,000


THE ROSS COLLECTION

SOUTH AFRICA

Banks and Commercial

x9Banque Francaise de L’Afrique du Sud, pair ofbearer cerificates for 5 shares, red, and 1 share, blue,issued Paris 1898, decorative border, very fine (2)

£60-80

x10Cape Commercial Bank, £12 share numbered 587,Cape Town 1854, black on blue paper, extremely fine

£100-120


5

x11Ceres Petroleum Company Ltd., £1 shares,Kimberley 189[6], maroon, together with 3 moreshares in Southern African oil companies, including,Consolidated Oil Fields of South Africa Ltd.,vignette of Table Mountain and cargo ship, 191[4],green, Inhambane Oil Syndicate Ltd., £50 share,Johannesburg 1903, blue border, and SakalavaMadagascar Proprietary Oil Fields Ltd., £1 shares,Johannesburg, 19[14], red and green with affixedrevenue stamp, generally very fine (4)

£60-80

x12Commercial & Agricultural Bank of Natal, £5share, Durban 186[0], black, scrollwork at left, heavilyendorsed in red and small hole top right, fine

£80-100

x13Forbes Motor Transport (Propy) Ltd., 19[28]black with 5 revenue stamps, issued to and signed byArthur Forbes, Malmesbury Steam Transport Co.,£10 share no. 207 issued Malmesbury 187[1], black,Malmesbury and Cape Town Omnibus Company,£1 share no. 312, Malmesbury 18[58], blue, andMossel Bay Boating Company Ltd., 1[907],revenue stamps, black, very fine (4)

£60-80

x14Grieves Cold Storage and Supply Company ofSouth Africa Ltd., £1 shares, Durban 190[2], bluewith affixed revenue stamps and 5 further storage andfarming certificates, including, International ColdStorage Supply Co. Ltd., provisional certificate,Pretoria 189[8], ink endorsement on face, BuffaloSupply and Cold Storage Co. Ltd., £1 shares, EastLondon 190[2] red, Border Farmers Union Ltd., £1shares, East London 19[19], blue paper with affixedrevenue stamp, Sparks, Young and Farmers MeatIndustries Ltd., £1 shares, Durban 19[26] blue, andFederal Supply & Cold Storage Company of SouthAfrica, £1 shares, 190[3] red, very fine or better (6)

£60-80

November 28, 2013 - LONDON


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x15Grosvenor Finalists Syndicate, an interesting pair ofcertificates relating to a share in Duckham MarineSalvage Syndicate (Pty) Ltd. and the wreck of theS.V.Grosvenor which was wrecked off the Pondolandcoast in 1782, undated but revenue stamps have 1948handwritten on their face, black, adhesive revenuestamps, very fine. (2)

£60-80

x16Land & Estate Companies of South Africa,comprising: Cape Colonisation Company, £1 sharesdated 18[96], brown; Zwartland (Transvaal) LandCompany, 189[1], blue; Read’s Drift LandCompany, 18[89] black; Transvaal Lands CompanyLtd., £1 ordinary shares, vignette of ChevalierForssman top centre, 18[89]; United African LandsLtd., £1 shares, 189[5], red; Tugela Estates Ltd., £1shares, Pietmaritzburg 19[14], blue, and, KensingtonEstate Co. Ltd., £1 shares, London 19[02], green,very fine (7)

£80-100

x17Legate’s Buildings Ltd., 5 shilling shares, Durban,blue with affixed revenue stamps together with 3further shares related to building industry, HermanPatent Conglomerate Building Material Land andInvestment Co. Ltd., £1 shares, Johannesburg189[5], brown with building vignette, JohannesburgBrick & Tile Company Ltd., £1 shares,Johannesburg 188[9], black, and Croydon BrickCompany Ltd., £1 shares, Cape Town 19[03] withaffixed revenue stamps, good very fine (4)

£40-60

x18New Mercantile Exchange, certificate for one share,Colonial Office, Cape of Good Hope, 1822, largeformat, black, extremely fine and scarce

£200-250

x19Northern Railway of the South African Republic,bearer share numbered 10679, [1895], decorativeborder, red/black, overprinted capital, and 2 furthershares related to transport, including Cape TownRailway & Dock Company, £400 consolidatedstock, hole cancelled, London 18[64], blue, andSaldanha Bay Harbour and Railway CompanyLtd., certificate for 5000 deferred shares of oneshilling each, London 19[12], green, some creasingotherwise very fine (4)

£60-80



7

x20Pretoria Club, certificate of life membership issuedfollowing take up of 10 debentures of £10 each,Pretoria 1893, some slight damage to top edge otherwisevery fine

£60-80

x21Robinson South African Banking Company Ltd.,£1 shares, London 190[4], no. 2061, lovely vignettesof allegorical females, black with yellow underprint,printed by Waterlow & Sons, very fine

£80-100

x22Sea Point Waterworks Company Ltd, pair of sharecertificates issued in Cape Town; £5 share no. 197,186[1], black with red company seal and £5 share no.492, 18[73] overprinted duplicate original forfeited,black, extremely fine and rare

£100-120

x23South African Association for the Administrationand Settlements of Estates, certificate for one shareof £375, Cape Town, Kerkplein [1841], No.1, blackprinting, on vellum, good very fine and rare

£150-200



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x24South African Association for the Administration& Settlements of Estates, £235 5s share, CapeTown, Churchsquare [1855], No.5, ornate border,black printing, on vellum, good very fine and rare

£150-200

x25South African Publishing Company Ltd., pair ofcertificates, £1 ordinary shares, red and £1 foundersshares, (no. 6), grey, both issued Johannesburg189[4], signed by J. Percy Fitzpatrick as director,and The Tribune Limited, 5 shilling shares, CapeTown 1917, very fine (3)

£60-80

x26Sout African Share Speculating Syndicate Ltd., £1shares, Cape Town 18[89], blue with affixed revenuestamp, good very fine

£40-60

x27Union Bank, pair of £5 share certificates, numbered42 and 252 and dated 18[88] and 18[90] respectively,the former overprinted issued without change ofownership, both issued Cape Town, black, very fine

£100-120

x28Interesting group of 19th and 20th century SouthAfrican commercial companies, comprising BeachPavilion Company, 1903; Cape Chemical SyndicateLtd., (2 types) 1896 & 1898; Cape StockfarmingCompany Ltd., 1883; Colonial Orphan Chamberand Trust Company, 1885; JohannesburgWaterworks Estate & Exploration Co., 1895;Royal Hotel Company, 1903; Salisbury SanitarySteam Laundry Ltd., 1910; Southern CrossTobacco Company, 1908; Consolidated Whalingand Deep Sea Fishing Company of South AfricaLtd., 1914; together with a batch of 17 certificatesincluding Cape Town & Suburban ElectricLighting Syndicate Ltd., 1897, good very fine. (27)

£100-150



9

x29Group of South African Investment Companies,Comprising: South African Mortgage & InvestmentCo., £50 share 1863, black with vignette ofCornucopia and country scene, “Irrigation” in titleoverprinted “Mortgage”; South East RandInvestment Co, 1919: New Central InvestmentCorporation Ltd., warrant for 10/- Founders share,1898, black; Trust & Investment Corporation ofSouth Africa Ltd., bearer certificate for 1 share,brown border, large format, text in English andFrench, 1890; Johannesburg ConsolidatedInvestment Company Ltd., share warrant to bearerfor 25 shares of £1, 1933, blue and green large format,and another example but for 5 shares, generally veryfine (6)

£80-100

x30A small group of South African finance and smeltingcompanies comprising Westralian, London &Johannesburg Co. Ltd., £1 shares, 18[96], no.231,blue; Gold Finance Co. Ltd., 7/6d shares,190[910], no.2659; Rand Ore Reduction Co. Ltd.,£1 shares, 189[6], no.1945; Martin Patent Furnaceand Gold Extracting Co. Ltd., £1 shares, 190[910],no.168, and Electro-Chemical Gold & SilverExtracting Company (Julian’s Patent) Ltd., £1shares, 188[9], no.280, the last discoloured at left,otherwise about very fine. (5)

£60-80

Diamonds

x31Amandelhoogte Diamond Mining Company Ltd.,£1 shares, Kimberley 188[9], black with revenuestamp, very fine

£80-100

x32Arminia Diamond Mining Syndicate, £50 share,Kimberley 18[89], no.1, black, revenue stampsaffixed, small stain bottom edge otherwise very fine

£100-120

x33Blauwklip Diamonds Ltd., five shilling shares,Johannesburg 19[26], blue; New NormanDiamonds Ltd., 5 shilling shares, Johannesburg19[27], brown border, and Desert Diamonds Ltd.,2/6d shares, Cape Colony 192[0], black with revenuestamp, good very fine. (3)

£60-80



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x34Cape of Good Hope Diamond Mining Co. Ltd.,bearer warrant for 25 shares with full coupon sheetattached, [1881], miner vignette, decorative border,pink with red impressed revenue stamps, very fine

£60-80

x35De Beers Consolidated Mines Ltd., share warrant tobearer for 1 Preference share, London 19[36], ornateborder, green, together with Consolidated DiamondMines of South West Africa Ltd., share warrant for25 shares, London 19[30], orange; Frank SmithDiamond Estates & Exploration Co. Ltd., sharewarrant for 10 shares [1901], brown heavily creased,Elands Drift Diamond Estates Ltd., share warrantfor 1 share of £1 [1902], pink and share warrant for 25shares of £1 [1901] soiled with ink stains, green, andAnglo American Corporation of South Africa Ltd.,option certificate for one share of £1, 1918, decorativeborder, grey, good unless stated (6)

£100-120

x36Du Toit’s Pan Diamond Mining Company Ltd.,two certificates for £10 shares, Dutoitspan, GriqualandWest 188[1], and the other unissued, both signed byMax Michaelis as Director, the first also issued tohim, green, very fine (2)

£60-80

x37Hope Valley Diamond Mining Syndicate Ltd.,certificate for £5 shares, Winburg 190[4], black,together with Broodkop Diamond Syndicate Ltd.,£10 shares, Johannesburg 190[2], brown and NewDorothy Vaal River Diamond Syndicate Ltd., £1shares, Johannesburg 190[7], blue, very fine or better(3)

£80-100

x38Kimberley Octahedron Diamond MiningCompany Ltd., £10 shares, Kimberley 188[1], blackon blue paper, very fine to extremely fine

£60-80



11

x39Leicester Consolidated Diamond Mines Ltd., a pairof certificates for £1 shares, London 18[96], black and189[8], blue, both very fine. (2)

£60-80

x40New Greyling-Boshof Diamond Mining CompanyLtd., certificate for £1 shares, Johannesburg 190[7],green, together with Mooi River Diamond & EstateCo., Ltd., 5 shilling shares, Johannesburg 192[7]green; Lace Diamond Mining Co. Ltd., £1 shares,London 190[7], and Richmond Diamonds Ltd., £5shares, Johannesburg 190[7], brown, generally goodvery fine. (4)

£60-80

x41Niekerk’s Plein Diamonds Ltd., £1 shares,Johannesburg [1912], green, together with NewThor Diamond Mining Co. Ltd., 5 shilling shares,Johannesburg [1913], blue, and RouxvilleDiamonds Ltd., £1 shares, Johannesburg 19[19],brown border, good very fine (3)

£80-100

x42North Eastern Bultfontein Limited, certificate for£1 shares, 18[89], black, very fine

£40-60



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x43Ottos Kopje Diamond Mines Ltd., £1 shares,189[3], blue, together with Crown DiamondMining and Exploration Company Ltd., 19[29]small tear top left, green, Frank Smith DiamondEstates Exploration Co. Ltd., share certificate,London [1920], green; New St Augustine Ltd., £1shares, 189[4] and Ottos Kopje Diamond Mines(1903) Ltd., 190[4], generally very fine unless stated(5)

£100-120

x44Royal Diamond Farms Syndicate Ltd., £10 share,Johannesburg 19[03], attractive piece with vignette ofmining area under title, brown, very fine

£60-80

x45Twyfelhoek Diamond Mine and Estate Co. Ltd.,£1 share, Kimberley 18[89], blue with revenuestamps, very fine to extremely fine

£40-60

Gold Mines

x46Afrikander Gold Mining Company Ltd., £1 shares,fully paid, [1897], no.3238, black, and another alsodated [1897], no.901, also black but of totallydifferent style and showing a capital increase to£250,000, together with New Afrikander GoldMining Co. Ltd., £1 shares, 18[99], no.1237, black,generally very fine. (3)

£50-60



13

x47Alpine Gold Mining Company Ltd., certificate for£1 shares, Kimberley 188[6], black with revenuestamp, together with DuPreez Gold Mining &Estate Co., Ltd, £1 shares, two types (differentprinters), 188[9], black, and International GoldMining Co. Ltd., Pietermaritzburg 18[89], blackwith revenue stamps, very fine or better (4)

£120-150

x48Anglo-French Exploration Company Limited, £1shares, London 190[2], attractive piece with vignetteof colonial scenes and South African arms, black onbrown paper, toned overall otherwise about very fine

£60-80

x49Aurora West United Gold Mining Co. Ltd., agroup of 3 different certificates comprising £1 shares(overprinted 10 shillings), Johannesburg 19[23], red;£1 shares (overprinted 10 shillings), London, 19[09],black, pink underprint, and 10 shilling shares, London19[13], green, the last two printed by Waterlow &Sons, the first a local printing, very fine or beter. (3)

£50-60

x50Balkis Limited, pair of certificates, preference share,1910, and ordinary share, 1923, both with largevignettes of Queen Balkis on horse, red and greenrespectively, generally very fine, small nick on righthand edge of preference share (2)

£60-80



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x51Bechuanaland Exploration Company Ltd., a groupof bearer warrants for 1, 5, and 10 shares, London18[89] - [1932], blue, green and pink respectively,text in English and French, heavy creasing, otherwisefine (5)

£60-80

x52Blanche Gold Mining Company Ltd.,(Blerksdorp), £1 shares, Johannesburg 188[9], goldborder with lilac text together with 2 other goldmining shares, Huguenot Gold Mining CompanyLtd., Cape Town 188[9] and Figaro Gold MiningCompany Ltd., £1 shares, Kimberley 188[9]; all withadhesive revenue stamps, generally very fine or better.(3)

£60-80

x53Botha’s Reef Gold Mining Company Ltd., £1shares, Kimberley (overstamped London) 18[90],blue, together with Fern Gold Mining Company, £1shares, Johannesburg 189[2], brown, and NewCallao and Trojan Consolidated Company Ltd., £1shares, Barberton 18[87], very fine. (3)

£60-80

x54Brighton Reef Gold Mining Company Ltd., £1shares, Kimberley 18[88], black, together withGibson’s Gold Reef Company Ltd., £1 shares,Kimberley 1888, red, and Wilkinson Gold MiningCompany Ltd., £1 shares 18[89], lilac, all withaffixed revenue stamps, generally very fine (3)

£80-100

x55Buffelsdoorn Estate & Gold Mining CompanyLtd., £1 shares, 2 certificates dated 1906 and 1899,brown; a group of bearer share warrants, large formatdepicting buffalo and factory vignettes; 2 certificatesfor 5 shares dated 1895 and 1904, brown and greenrespectively, and 2 certificates for 25 shares, green,dated 1902 and 1907, very fine (6)

£100-120



15

x56Central South African Lands & Mines Ltd., £1shares, Johannesburg 1903, black, signed by BernardOppenheimer as Director, some damage to left sidewhere counterfoil removed, otherwise very fine

£60-80

x57City Deep Limited, group of bearer certificates for 1,5, 10 and 25 shares, London 19[25] - 19[36],vignettes of allegorical figures, printed by Waterlow &Sons, red, green, brown and blue, hole cancelled, fineto very fine (4)

£120-150

x58Consolidated Main Reef Mines & Estate Ltd.,group of bearer certicates for 1 (purple), 5 (blue) and25 (red) shares, London 19[25]-19[38], allegoricalfigures, printed by Waterlow & Sons, hole cancelled,generally very fine (3)

£60-80

x59Crown Mines Limited, certificate for 10 shillingshares, Johannesburg 19[09], red, together with 4cancelled bearer share warrants for 1 (red), 5 (green),10 (brown) and 25 (blue) shares, 19[25] - 19[32],printed by Waterlow & Sons, mining and allegoricalvignettes, hole cancelled, very fine or better (5)

£100-120



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x60Damaraland Mining and Exploration Co., Ltd., £1shares, Cape Town 188[9], black with affixed revenuestamp, together with vendors shares, also 188[9] andStaniland Gold Mining Company of BritishZululand Ltd., Durban, 1889 with Natal revenuestamps and Zulu vignette, brown/blue border, foldssplit, very fine other than stated (3)

£80-100

x61De Cradock Handels Maatschappy Ltd., group of 4£1 share certificates, registered Cradock and dated1901, 1911, 1918 and 1925, Cape of Good Hoperevenue stamps on 3 certificates, fine (4)

£80-100

x62De Drukpers Maatschappij, D.F. Du Toit & Co.,certificate for £5 shares, Paarl 189[8], brown, togetherwith 4 more Dutch companies including DeWaterberg-Zontpansbergsche Exploratie Maatsch,£1 shares, black, Pretoria 18[89]; De ZuisAfrikaansche Exploratie & Land Maatschappij,certificate for £5 shares, black, Pretoria 18[89]; and 2further certicates registered in Amsterdam 1897 and1889, very fine or better. (5)

£80-100

x63Dominion Gold Reef Developing Syndicate,certificate for £1 shares issued to the ‘GeneralManager, Deepkloof Gold Mining Company’, Durban1889, black with Natal revenue stamps, together with,Ness Gold Mining & Developing Syndicate, £5shares, Kimberley 1889 with Cape of Good Hoperevenue stamp, and Zoutpansberg PalmietfonteinEstate & Gold Mining Company, £1 shares,Pretoria 188[9], very fine or better (3)

£120-150

x64Doornkop Gold Mining Company Ltd., £1 shares,Kimberley 188[9], black, signed by BernardOppenheimer, together with Cape Town & KnysnaGold Mining & Agency Company Ltd., 18[87] andBlue Rock (Sheba) Gold Mining Company Ltd.,£1 shares, Cape Town 188[6], all with affixed revenuestamps, very fine or better (3)

£100-150



17

x65Durban Roodepoort Deep Ltd., group of bearercertificates for 1 (1 x red), 5 (2 x green), 10 (1 xbrown) and 25 (2 x blue) shares, London 189[5] -[1932], text in English and French, hole cancelled,very fine (6)

£80-100

x66Durham “Allan Reef” Gold Mining Co. Ltd., £1shares dated 18[91], black, together with UnionGold Mining Company of Port Elizabeth Ltd., £1shares dated 189[1] Port Elizabeth, black with affixedrevenue stamp, and Cerro de Pasco (Transvaal)Gold Fields Ltd., £1 shares dated 18[89], very fine(3)

£60-80

x67Eagle Gold Mining Company Ltd., £1 shares,London 18[89], signed by Solly Joel as director,green/gold with vignette of eagle, some creasing andsmall holes on centre fold very fine

£100-120

Owned the Eagles Roost Farm, Witwatersrand. BarneyBarnato was Chairman of the company. S.B. (Solly) Joel(1865-1931). Son of Barney Barnato’s sister. Imprisonedfollowing the Jameson Raid. Became largest shareholderin De Beers. Racehorse owner, art collector and theatrefinancier

x68Edinburgh Gold Mining Company Ltd., £1 shares,Johannesburg 188[8], decorative format, brown,together with New Edinburgh Gold Mining Co.Ltd., £1 fully paid shares, Johannesburg 18[92],brown border and The Peru Gold Mining &Developing Syndicate Ltd., £1 share, Potchefstroom1889, black, very fine (3)

£80-100



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x69Empress Estate & Gold Mining Company Ltd.,certificate for £1 shares, Johannesburg 188[9], goldborder together with 2 other gold minng shares,Royal Gold Mining Co., Johannesburg 188[8], goldborder, and Consort Reef Gold Mining Co. Ltd.,Barberton [1889], blue, good very fine (3)

£150-200

x70Ferreira Deep Limited, comprising registered share,London [1899], green, and bearer warrant for 1 share,red and black with vignette of allegorical figure, andengraved by Waterlow & Sons Ltd., the second holeand stamped cancelled, crease marks otherwise fine. (2)

£40-50

x71Geldenhuis Deep Limited, group of bearer sharewarrants for 1 (2), 5 and 25 shares, London 189[9] -19[34], various colours, decorative borders andallegorical vignette, printed by Waterlow & Sons, holecancellations, folds, some edge tears and overstampsotherwise fine (4)

£60-100



19

x72General Mining & Finance Corporation Ltd., agroup of 4 bearer share warrants for 1, 5, 10 and 25shares, various colours, hole cancelled, Waterlowengraved with allegorical vignette, together with 8bearer share warrants for 1, 5, 10, 25, 19[26]-19[34],Waterlow engraved and hole cancelled, variouscolours; and 4 bearer share warrants for 10 and 25shares, blue and green with mining vignette, holecancelled, printed by Bradbury Wilkinson & Co.,generally very fine or better (16)

£200-250

x73Great Britain Gold Mining Company Ltd., £1shares, Port Elizabeth 188[9], red, together withCornucopia Gold Mining Company Ltd., £1shares, Johannesburg 188[8] black and Inland SeaEstate Gold Mining Syndicate, £1 shares,Johannesburg 188[9], brown, fine to very fine (3)

£80-100

x74Great Scot Gold Mining Co. Ltd., £1 shares,Grahamstown 1889, red with affixed revenue stamp,together with Highland Reef Gold MiningCompany Ltd., bearer share, blue, date of 7thFebruary 1888 handwritten on revenue stamp, andFichardt Kopje Syndicate Ltd., £1 shares,Johannesburg 18[89], very fine (3)

£80-100

x75Griqualand West Copper & Mineral MiningSyndicate Ltd., £1 shares, Kimberley 188[9], brownwith revenue stamp affixed, issued to and signed byHerman Hirsche, and Griqualand West Main ReefGold Mining Co. Ltd., £1 shares, Johannesburg18[89], blue border, blue and red text, generally veryfine

£60-80



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x76Gunder Syndicate Ltd., £50 share certificate, one of50 issued, Kimberley [1889], black, and anotherexample but dated 189[1] when capital increased to3,750 shares of £1 each, black with Cape of GoodHope revenue stamp, good very fine (2)

£60-80

x77Heidelberg Platkop Estate & Gold MiningCompany Ltd., certificate for £1 shares,Johannesburg 189[8], black together withHeidelberg Gold Mines Ltd., £1 shares, 189[5],blue; Heidelberg Exploration Syndicate Ltd., £1shares Johannesburg 189[5], black; Harmony Gold& Land Co. Ltd., £1 shares 18[95], black, and,Hector Gold Mining Syndicate, £1 sharesJohannesburg 190[7] red, very fine or better (5)

£60-80

x78Henderson’s Transvaal Estates Limited, sharewarrant to bearer for 1 share of £1, London 189[5],printed by Waterlow & Sons, and registered certifcatefor shares of £1, 18[99], black, some creasing and inkstains, otherwise fine (2)

£80-100

x79Homestead Golden Quarry Mining & EstateCompany Ltd., £1 shares, Kimberley 188[8], greenwith affixed revenue stamp, together withNooitgedacht Gold Mining Company Ltd., £1shares, Kimberley 18[89] black, and BlaauwbankUnited Gold Mining Co. Ltd., £1 shares,Johannesburg 188[8], gold border blue text, very fine(3)

£60-80



21

x80Horo Concession Exploration Company ofSwaziland Ltd., 2 types, black with grey and greenunderprints, both £1 shares and dated 18[89] PortElizabeth, each with affixed revenue stamps, very fineor better (2)

£60-80

x81Jubilee Gold Company Ltd., certificate for £1shares, London 19[09], no.14804, ornate border,small vignette of Queen Victoria flanked by lion andunicorn top centre, smaller busts of Queen Victoria ineach corner, brown, together with CoronationFreehold Estates, Town & Mines, Johannesburg190[3]; Salisbury Gold Mining Company Ltd.,London 18[901]; Lancaster West Gold MiningCompany Ltd., London 19[09] and York GoldMining Company Ltd., Johannesburg 189[902],generally very fine. (5)

£60-80

x82Kimberley Imperial Gold Mining Company Ltd.,£1 shares, Kimberley 188[6], blue, signed by AlfredBeit as a director and issued to Samuel Marks,extremely fine

£80-100

x83Kimberley Imperial Gold Mining Company Ltd.,£1 shares, Kimberley 188[6], no. A1105, signed byAlfred Beit as director, extremely fine

£80-100



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x84King Solomon’s Mines Ltd., certificate for 10shilling shares, Johannesburg 188[7] with revenuestamp and overprinted capital reflecting increase from£30,000 to £60,000, black, together with AthenaGold Mining & Developing Company Ltd.,certificate for £1 shares, Worcester 1889, brown withCape of Good Hope revenue stamps, and Gem GoldMining Company Ltd, £1 shares, 188[7], black withrevenue stamps, very fine or better (3)

£150-200

x85Klip River Black Reef Syndicate, £50 share,Johannesburg [1888], no. 99, of 180 issued, black,together with Sun (Black Reef) Gold Mining Co.Ltd., £1 shares fully paid, Johannesburg 188[9],green border red and green printing, and KlerksdorpGold Estates Ltd., £1 shares dated 18[91], red, veryfine (3)

£80-100

x86Lisbon-Berlyn (Transvaal) Gold Fields Ltd., £1shares, 188[5], blue with yellow underprint; togetherwith Lisbon Berlyn Co. Ltd., pair of certificates for2/6d shares, 1889, black and 189[5], red, very fine (3)

£60-80

x87Louise Gold Mining Company Ltd., certificate for£1 shares, Johannesburg 188[9], blue and gold,together with 2 other Johannesburg registered goldmining shares bearing first names; Percy GoldMining Co. Ltd., 188[8], brown, signed by Pullingeras director, and Vera Consolidated Gold MiningCo. Ltd., green, 188[8], generally very fine (3)

£100-150



23

x88Modderfontein East Limited, group of certificatesincluding 3 unissued debentures for £5 (blue), £10(green) and £25 (red), dated 1924, printed byWaterlow & Sons, hole cancelled; a further unissuedregistered debenture dated 1921, brown, and anOption Certificate for 100 shares, 1917, red, generallyextremely fine (5)

£80-100

x89Molyneux Mines Consolidated Ltd., pair ofcertificates for registered shares of £1, 189[5], andbearer warrant for 25 shares of £1, 189[5], this withornate borders, with coupons; French Rand GoldMining Co. Ltd., pair of certificates for registeredshares of £1, 19[05], and warrant for 25 shares of £1,190[2], allegorical female, ornate borders, blue, withcoupons, and Belgian Mining Trust of South AfricaLtd., two certificates for 5 shares of 100 francs, 1895,ornate brder, black, yellow underprint, with coupons,generally very fine and better. (6)

£60-80

x90Moodies Gold Mining & Exploration CompanyLtd., £1 share, London 18[88], pink, together withSunbeam Gold Mining Company Ltd., 188[9], £1shares black, and Waterfall Estate & Gold MinesLtd., 5 shilling shares black 189[7], generally very fine(3)

£60-80

x91Moodies’s Gold Mining & Exploration CompanyLtd., certificate for £1 shares, London 190[8], black,together with Minerva Gold Mining Co. Ltd., £1shares, London 189[6], black; Marievale Nigel GoldMines & Estate Ltd., £1 shares, London [1902], redon blue paper; Midas Deep Ltd., £1 shares, London190[9], blue on green paper, and, MetropolitanGold Mining Co. Ltd., £1 shares London 189[5],green, very fine or better (5)

£60-80

x92New Jagersfontein Mining & Exploration Co.Ltd., a group of bearer warrants for 1, 5, 10 and 20shares, large format, text in English and French, bluewith decorative borders, 19[10] - 19[13], fine. (4)

£40-50



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x93Notre Dame des Victoires (Transvaal) GoldMining Company Ltd., group of 3 share certificatescomprising £1 registered shares, 18[89], blue and redon blue paper, and 2 bearer certificates for 5 and 10shares, London 18[90] with text in English andFrench, brown and red respectively, generally very fine(3)

£60-80

x94Orkney Estate and Gold Mining Company Ltd.,£1 shares, Johannesburg 188[9], blue and red onyellow paper, together with Klerksdorp-Johannesburg Main Reef Syndicate Ltd., £1 shares,Potchefstroom 1889, and Battery Reef Gold MiningCompany Ltd., £1 shares dated 18[88], black,generally very fine (3)

£80-100

x95Phoenix Main Reef Prospecting & DevelopingSyndicate, £100 shares, Johannesburg 188[9],together with Percy Howard Exploring SyndicateLtd., £5 shares, certificate no. 12 for 5 shares,Kimberley 189[1], black, with affixed revenue stamps,and De Kaap Gold Mines Ltd., £1 shares dated18[91], black, very fine or better (3)

£60-80

x96Pongola Gold Mines (Founders) Ltd., pair ofcertificates for founders shares of 1/- and ordinaryshares of £1, both Heilbron 191[1], numbers 34 and35, ornate border, blue and black; together withKlipwal-Pongola Ltd., £1 shares, Heilbron 191[2],no.15, ornate border, blue; North Rand Gold MinesLtd., £1 shares, Johannesburg 189[9], no.69 and £1shares, Johannesburg 1904, no.2495, ornate borders,both blue, and, North Rand A Ltd., £1 shares,Johannesburg 190[3], no.1169, blue, the third with alittle foxing, very fine or thereabouts. (6)

£80-100

x97Prince of Wales Reef Gold Mining Company Ltd.,£1 shares, Kimberley 18[89], black, together withTarka Syndicate, £5 share, 1889, blued paper, andO’Dowd’s Reef Gold Mining Company, Barberton188[8], signed by Hirschel Cohen, black, all withaffixed revenue stamps, generally very fine but somescorch marks (3)

£100-150



25

x98Rand Mines Limited, group of bearer certificates for1, 5 (3), 10 (2) and 25 (2) shares, dated 19[01]-19[27], London, vignette of allegorical figure, printedby Waterlow & Sons, various colours, hole cancelled,fine to very fine (8)

£120-150

x99Randfontein Estates Gold Mining Company Ltd.,a group of bearer share warrants for 1, 5, 10 and 25shares, London 189[6] - 19[35], printed by Waterlow& Sons, various colours, decorative borders, holecancelled, generally very fine (5)

£80-100

x100Rietkuil Kopje Gold Mining Company Ltd., £1shares, Kimberley 188[9], black, together with ForestCreek Gold Mining Company Ltd., £1 shares,Mossel Bay 188[7], brown, with affixed revenuestamp, slightly damaged left hand side, and ZierbogelGold Mining Company Ltd., £1 shares 188[9],generally very fine unless noted (3)

£60-80

x101Rietulei Gold Mining Company Ltd., pair of £1share certificates, red, dated 188[8] and 188[9]Johannesburg, later certifcate overprinted to reflectincreased capital from £40,000 to £100,000, and,Gold Mining Agency Ltd., £5 shares dated 1886 andnumbered 761, black, very fine (3)

£60-80

x102Roodepoort Central Gold Mining Company Ltd.,£1 shares, Johannesburg 188[8], black, together withUnited Pioneer (Moodie’s) Gold Mining CompanyLtd., £1 shares, Kimberley 18[88], blue, with affixedrevenue stamp, and Victoria Klerksdorp GoldMining Syndicate, £25 share, Johannesburg 1888,very fine (3)

£60-80



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x103Rose Deep Ltd., a set of 3 bearer certificates for £1shares, all with capital overprinted £425,000,comprising 1 share, 189[9], no.A0050, 5 shares,189[9], no.B0041 and 10 shares, 189[904],no.C0528, all with allegorical female in centre, text inEnglish and French, green, red and blue respectively,printed by Waterlow and Sons, with coupons, a fewedge splits, fine to very fine. (3)

£60-80

x104Rose Deep Ltd., a group of 4 bearer certificates for£1 shares, all with capital £425,000, comprising 1share, 19[04], no.A/1 2407, 5 shares, 189[904],no.B/5 1018, 25 shares, 189[902], no.D/25 1465and 25 shares, 19[03], no.D/25 3246, all withallegorical female in centre, text in English andFrench, green, red and orange-brown respectively,printed by Waterlow and Sons, with coupons, the 3rdwith edge splits, otherwise very fine. (4)

£80-100

x105Rose Deep Ltd., a set of 4 bearer certificates for £1shares, all with capital overprinted £700,000,comprising 1 share, 19[10], no.A/1 3466, 5 shares,19[11], no.B/5 2491, 10 shares, 19[12], no.C/101520, and 25 shares, 19[10], no.D/25 5922, all withallegorical female in centre, text in English andFrench, green, red, blue and orange-brownrespectively, printed by Waterlow and Sons, withcoupons, a few edge splits, fine to very fine. (3)

£80-100



27

x106Rose Deep Ltd., a group of 3 bearer certificates for£1 shares, no capital shown on face, comprising 1share, 19[11], no.A/1 5138, 5 shares, 19[25],no.B/5 3215 and 25 shares, 19[11], no.D/25 7092,all with allegorical female in centre, text in English andFrench, green, red and orange-brown respectively,printed by Waterlow and Sons, with coupons, very fineand better. (3)

£60-80

x107Santa Claus Gold Mining Syndicate, certificate for£25 share, Kimberley 18[90], black, Cape of GoodHope revenue stamps togeher with Tulip ValeProspecting & Developing Syndicate, £20 sharecertificate, Johannesburg 188[9] red and gold, andVogel Chimes Reef Developing Syndicate, £1shares, Johannesburg 188[9], grey, very fine or better(3)

£150-200

x108Interesting collection of Sheba related material,comprising: Great She Gold Mining Company Ltd.,£1 shares dated 1888, vignette of “The Great She”,black; Kimberley Sheba Gold Mining Co.,Barberton 1887; Great Sheba Gold Mine Ltd., £1bearer share with coupons, trimmed edges, 1889;United Reefs (Sheba) Ltd., shares of 16 shillingseach, 18[99] on pink paper; Sheba Gold MiningCompany, 4 shilling shares, registered London, 1924,pink; United Reefs (Sheba) Ltd., 10 shilling shares,1906, green; Sheba Hill Ltd., 5/- shares dated189[6], black; Sheba Queen Gold and ExplorationLtd., 10/- preference shares 1905, green; ShebaGold Mining Company, £1 shares, 1894; and,Sheba Gold Mining Company Ltd., bearercertificate for 5 x £1 shares, text in English andFrench, London 18[95], generally very fine-good (10)

£150-200

x109Simmer & Jack East Ltd., Simmer Deep andSimmer & Jack Mines Ltd., a group of sharecertificates, debentures and share warrants including£1 shares dated 19[00]-19[11]; £100 debentures190[7]; and, share warrants for 1, 5, 10 and 25shares[1924]-[1938] various colours, fine or better(17)

£100-120

x110Tharsis Gold Mining Company Ltd., pair ofcertificates for £1 shares, comprising one dated188[8], capital £50,000 overwritten £70,000, brownunderprint, and second dated 188[9] capital £70,000,blue, Johannesburg, generally very fine but some edgedamage (2)

£60-80



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x111Thomas’ Reef Gold Mining Company Ltd., pair ofcertificates each for £1 shares, black 188[7], capital£100,000, and red 188[8], capital £120,000, bothissued Port Elizabeth and each with Cape of GoodHope revenue stamp, very fine (2)

£60-80

x112Union Corporation Ltd., a specimen certificate for12s 6d ordinary shares, 19- (circa 1920), printed byWaterlow & Sons, ornate border, blue with greenunderprint, overprinted SPECIMEN/WATERLOW & SONSin red on face, with counterfoil, near extremely fine

£60-80

x113United Ivy Reef Gold Mining Co. Ltd., £1 shares,London 18[96], blue, together with Eclipse GoldMining Ltd., £1 shares, Potchefstroom 18[91], greenand Republic Gold Mining Syndicate Ltd., £1shares 1887, very fine (3)

£80-100

x114Victoria Reef Gold Mining Co. Ltd., pair of £1share certificates dated Durban 1888 (Capital£18,000) and 1889 (Capital £30,000), black withvignettes of Queen Victoria and affixed revenuestamps, very fine or better (2)

£60-80

x115Village Deep Limited, group of certificates relatingto this company including £1 shares19[13] - 19[28],green and black, and large format bearer share warrantfor 10 shares, London 1927, printed by Waterlow &Sons, brown, very fine (5)

£60-80



29

x116Woodstock (Transvaal) Gold Mine Ltd., certificatefor £1 shares, 18[97], black, together with WorcesterExploration & Gold Mining Co. Ltd., £1 shares,Worcester [1910], blue with gold border; WyldsdaleGold Exploration & Developing Co. Ltd., £1shares 18[91], green with red border; WoodbineGold Mining Co. Ltd., £1 shares London [1901],green; and, Wolhuter Gold Mines Ltd., £1 sharesJohannesburg 19[24], green, very fine or better (5)

£60-80

x117Worcester Kruis River Syndicate, £10 share,Worcester 188[9], numbered 87 out of 100 issued,Worcester 188[9], black with revenue stamps,together with Belfast Gold Mining Company Ltd.,£1 shares, Barberton 188[7], signed by HirschelCohen and J. Percy Fitzpatrick as directors, black,and United Langlaagte Gold Mining CompanyLtd., £1 shares, Johannesburg 188[9], black, very fine(3)

£100-150

x118Group of British registered companies operating inSouth Africa, Vogelstruis Gold Mining Co. Ltd., £1shares partly paid, 18[89], black; Central MontroseEstate & Gold Mining Co. Ltd., £1 shares, 18[90]brown; Golden Snake & Abbotsford Ltd., £1 shares18[89], red; and, Victory Hill Consolidated GoldMining Co. Ltd., £1 shares fully paid 1889, black, veryfine (4)

£60-80

x119A small group of Transvaal mining companies,comprising Grey’s Mynpacht Gold Mining Co. Ltd.,£1 shares, 189[904], no.1436, black; New RietfonteinEstate Gold Mines Ltd., £1 shares, 189[5], no.13847,black; South Nigel Gold Mining Co. Ltd., £1 shares,189[6], no.165, blue; East Nigel Gold Mining Co.Ltd., £1 shares, 19[01], no.243, black; Leydsdorp andPietersburg (Transvaal) Estates Ltd., preferenceshares, 18[98], no.140, black, punch holes at top;S.A.Proprietary Ltd., £1 shares, 1905, no.310, brown,and, Redhill Development Syndicate Ltd., £1 shares,191[2], no.24, brown, the last with punch holes atbottom left, generally very fine. (7)

£80-100



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x120An interesting group of mining and explorationcompanies, comprising Setlagoli Gold & DamaralandCo. Ltd., bearer warrant for 5 shares of £1, London1895, black on pink paper; Kobolobndo DevelopmentSyndicate Ltd., pair of certificates for £1 ordinary and£1 preference shares, 189[902] and 19[10];Bechuanaland Trading Association Ltd., [1907];Bird’s Swaziland Concession Ltd., £1 shares, 188[99];North Swazieland Syndicate Ltd., 18[94]; PortElizabeth Madibi Co. Ltd., [1907], and, MadibiMines Ltd., 19[06], generally very fine. (8)

£80-100

x121A good group of mining ‘syndicate’ companiescomprising “Mills” Syndicate Ltd., 1[899]; Soldiers’Syndicate Ltd., Natal, 1902; “H” Prospecting &Developing Syndicate Ltd., 19[01]; “X” SyndicateLtd., 190[7]; Coronation East Syndicate Ltd., 19[03];Wells Dredger Syndicate Ltd., 190[3]; UitkykExploration Syndicate Ltd., 190[3], and, NewRooiberg Minerals Syndicate Ltd., 190[8], a good lotin very fine to extremely fine condition. (8)

£80-100

x122A good group of gold mining companies,comprising Van Ryn Gold Mining Co. Ltd.,Vlakfontein, £1 shares, 18[90], black; East OrionGold Mines Ltd., £1 shares, 189[5], black; Great deKaap (Moodies) Gold Field Ltd., 5/- shares, 1[900],black; Klerksdorp Exploration Land & Estate Co.Ltd., £1 shares, 189[901], black, mauve underprint;Village Main Reef Gold Mining Co. Ltd., £1 shares,190[5], green, and, Goudberg Gold Mining Co. Ltd.,10/- shares, 19[09], blue, red seal, very fine toextremely fine. (6)

£80-100

x123A small group of South African ‘bearer’certificates, all printed by Waterlow, comprisingSouth African General Syndicate Ltd., 10 deferredshares and 10 preferred shares, both 18[93], red andblack, respectively; West Rand Mines Ltd., 25 sharesof £1, 18[90], olive green and black, Holfontein(T.C.L.) Gold Mining Co. Ltd., 10 shares of 10/-,19[37], brown and black; French Rand Gold MiningCo. Ltd., 1 share and 25 shares of £1, both 190[2],allegorical female, red and blue respectively, andEastleigh Deep Ltd., 25 shares of £1, 189[5], blue andblack, all with coupons, all except the last very fine orbetter. (7)

£100-120



31

x124A small group of South African ‘bearer’certificates, comprising Marie Louise Gold MinesLtd., 1 share and 5 shares of £1, both 189[5], blueand green respectively; French South AfricanDevelopment Co. Ltd., 25 shares of £1, 189[6], blue;French North Rand estates Gold Mining Co. Ltd., 10shares, 189[5], blue; Free State Reefs Ltd., 5, 10 and25 shares of £1, 19[18], blue, 19[15], red and 19[13],green; Central Buffelsdoorn Gold Mines Ltd., £1shares, 189[5], blue; East Rand Amalgamated GoldEstates Ltd., 10 shares of £1, 190[9]; New Rip GoldMining Co. Ltd., 25 shares of £1, 190[3], green andyellow, and, Orion Belt Ltd., 25 shares of £1, 18[97],all with coupons, all very fine and better. (11)

£100-150

x125Group of 19th century mining companies,comprising Lower Roodepoort Ltd., 1895; GeelongGold Mining Co., 1899; Harrietville Company Ltd.,1898; Eclipse Extension Developing Syndicate Ltd.,1889; Quisisana Mineral Springs Ltd., 1898; SinquitziConcession Exploiting Syndicate Ltd., 1893;Westleigh Mines Ltd., 196; United Buffelsdoor MinesLtd., 1895; Barkly Herbert and Hay ExplorationSyndicate Ltd., 1895; and, Henderson’s Nigel Ltd.,1895, about very fine. (10)

£100-150

x126A good group of mining companies comprisingBuffelsdoorn Consolidated Gold Mining Co. Ltd., £1shares, 189[5], black, blue underprint; DoornkopGold Mining Co. Ltd., £1 shares, 189[6], black; EastOrion Gold Mines Ltd., £1 shares, 189[5], black;Grootfontein Exploration Co. Ltd., £1 shares, 189[6],black; Harmony Proprietary Co. Ltd., £1 shares,190[9], blue; New de Kaap (1906) Ltd., 5/- shares,19[06], black; Vogelstruis Estates & Gold Mines Ltd.,£1 shares, [1909], black, and VogelstruisConsolidated Deep Ltd., £1 shares, 19[10], mauve,very fine and better. (8)

£120-150

x127Interesting group of late 19th century miningshares, comprising Consort Consolidated Mines Ltd.,1895; Barrett Gold Mining Company, 1892; RandRoodepoort Gold Mining Co., 1895; Sacke Estates &Mining Co., 1899; Malmani Gold Syndicate Ltd.,1898; Malmani Primrose Gold Mining Co., 1889;Blackreef Proprietary Company, 1896; BarbertonConsols Ltd., 1899; Balmoral Main Reef Gold MiningCo., 1898; New Chimes Gold Mining Co., 1896;Noltzykop Gold Mines Ltd., 1895; New Spes BonaGold Mining Co., 1895; and, Rand Junction ReefsLtd., 1895, very fine or better. (13)

£120-150

x128Good group of Inter-war mining certificatesincluding many scarce items, comprising Edwards(Waaikraal) Goldfields Ltd., (2 types) 1928; PalaboraSyndicate Ltd., 1925; Gold Mines of Rustenburg Ltd.,1928; Houtpoort-Burbank Goldfields Ltd., 1934;Johannesburg Gold Mining Corporation Ltd., 1936;Boksburg Gap Gold Mining Areas Ltd., 1926; CentralWest Gold Mining Company, 1927; African ColonialGold Mines Ltd., 1934; Barberton Gold ReserveMining Co., 1932; Nigel Main Reef Extension Ltd.,1934; New Morro-Velho Gold Mining Co., 1927;Rietvallei (Lydenburg) Gold Mining Co., 1934; SouthAfrican Mines Ltd., 1926; Witpoort Gold Areas Ltd.,1931; Florence Mines Ltd., 1934; and, South EasternGold Mining Co., 19—, generally very fine or better.(17)

£150-200

x129Interesting group of gold and other mining shares,comprising Draaikraal Block ‘A’ Syndicate Ltd., 1893;Chimes Exploration Company, 1897; GraskopExploring Co., 1896; Golden Dove Mining Co.,1896; Gresham African Syndicate Ltd., 1890; PorgesRandfontein Gold Mining Co., 189-; North ShebaGold & Exploration Ltd, 1895; North Sheba Gold &Exploration Ltd., 1903; New Spes Bona Gold MiningCo., 1892; and, Zoutpansberg Consolidated MinesLtd., 1900, generally very fine. (10)

£150-200

x130Another group of unusual and scarce gold miningshares from the 1890’s, comprising New FloridaGold Mines Ltd., 1897; New Louis d’Or Gold MiningCo., 1895; New Sisters Gold Mining Co., (withrevenue stamps), 1895; New Midas Estate & GoldMining Co., 1897; Shahzada Mines Ltd., 1896; NewLuipaardsvlei Gold Mining, 1898; Rand ExplorationsLtd., 1897; Rand Nigel Gold Mining Ltd., 1896;Rooderland Main Reef Gold Mining Co., 1897; and,South East Rand Deep Ltd., 1896, very fine and better.(10)

£150-200



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x131A large group of South African bearer shares anddebentures (22), a handful unissued, quite a few arehole cancelled, includes A. Goerz & Co. Ltd.,overprinted with its new title Union Cororation Ltd.in red, edge tears and only fine; Transvalia LandExploration and Mining Co. Ltd., 1892; OceanaConsolidated Co. Ltd., 1929 (3 examples); East RandProprietary Mines Ltd., 1920’s and 1930’s (6different); Daggafontein Mines Ltd., 1936 and 1938,and, Transvaal Consolidated Land & Exploration Co.Ltd., 1895 to 1926 (4 different), mixed condition, fineto very fine, the unissued better. (22)

£120-150

x132Interesting group of scarce 19th century goldmining shares, comprising Rondebult ProporietaryMines Ltd., 1895; Kaalfontein Schoonspruit SyndicateLtd., 1896; United Langlaagte Gold Mining Co.,1895; Birthday Gold Mining Co., 1892; Buffelsdoorn‘A’ Gold Mining Company 1896; Banket GoldMining Co., 1894; Geldfontein Estates & GoldMining Company 1895; Golden State Mines Ltd.,1899; Scottish Colonial Gold Fields 1899; and,Venterskroon Gold Mining Company 1895, generallyvery fine. (10)

£200-300

x133Group of interesting 20th century gold miningcompanies, comprising Langebrink Witfontein MainReef Claims Ltd., 1908; Elandslaagte Gold MiningCo., 1905; Balmoral Main Reef Gold Mining Co.,1902; New Brighton Mines Ltd., 1905; NewTransvaal Co., 1902; New Rand Ltd., 1907; SouthernKlerksdorp Gold Mines Ltd., 1907; Transvaal BischoffLtd., 1908; Bowers Randfontein ltd., 1907; CinderellaConsolidated Gold Mines Ltd., 1910; Daspoort MainReef Ltd., 1904; Phoenix Gold Mines Ltd., 1909;Riefontein Ltd., 1911; Rose Mount Gold MiningSyndicate Ltd., 1903; Saxon Gold Mines Ltd., 1904;Nellie Reef (Insiza) Development Co., 1902; and,New Fortuna Company Ltd., 1905, very fine. (17)

£250-300

x134Group of 19th century gold mines, nice lotcomprising Letaba Gold Mining Company Ltd.,1892; East Luipaardsvlei Gold Mining Ltd., 1898;Elandslaagte Gold Mining Co. Ltd., 1895; Ella(Transvaal) Gold Mining Co., Ltd., 1895; FloridaExtension Gold Mining Co., 1896; Banket GoldMining Comapany, 1896; New Black Reef GoldMining Co., 1893; New Ariston Gold Mining 1895;New Heidelberg Roodepoort Gold Mining Co.,1897; New Witkopye Estate & Gold Mining Co.,1893; Randt Reefs Gold Mining Co., 1896; and,Roodepoort West Gold Mining Co., 1899, very fine.(12)

£250-300

x135A collection of 35 different gold miningcertificates, many of which are 19th century and therest all dated before 1920, includes BalkisConsolidated Co. Ltd., 188[7]; Barberton Exploring& Development Co. Ltd., 2 types 190[5] and 190[6];Graskop Ltd., 1899; Jumpers Extended Ltd., 189[5];New Goch Gold Mines Ltd., [1899]; Rothery BlockGold Mine Ltd., 189[5], and, Sterkfontein GoldEstates Ltd., [1898], generally about very fine. (35)

£300-400

Other Mining and Mineralsx136A collection of Natal coal companies, includingNatal Ocean Collieries Company Ltd., 19[02],Dudley (Natal) Collieries Ltd., 190[3], DurbanHarbour (Natal) Coal Prospecting Syndicate Ltd.,190[5], Campbell Natal Collieries Syndicate Ltd.,189[8], New Campbell Collieries Ltd., 190[0], GreatEastern Collieries Ltd., 1899, Columbia CoalSyndicate Ltd., 190[3], Transvaal Coal & Oil ShaleCorporation Ltd., 192[3], African Coal & ExplorationCompany, 189[5], Acol Collieries (Natal) Ltd.,18[98], Acol Collieries (Natal) Ltd., 18[97],Newcastle (Natal) Steam-Coal Collieries Ltd., 19[04],Vaalbank (Transvaal) Colliery Ltd., 19[18], and NewIngagane Natal Collieries Ltd., 19[19], fine to veryfine (14)

£120-150



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x137South African nitrate companies, a group of 3 sharecertificates related to saltpetre and nitrates, includingPretoria Salt and Soda Co., £1 shares, Johannesburg1897, blue, South African Nitrate Syndicate Ltd., oneshare (No.5), Cape Town 189[4], brown with affixedrevenue stamps, and South African Saltpetre FieldsLtd., £1 shares 189[6], blue, generally very fine (3)

£60-80

x138Transvaal Silver Mines Ltd., certificate for £1 shares,London 189[3], black together with 15 furthercertificates in mining companies involved in silver,lead, iron, cyanide, asbestos, platinum, manganese andtin, mostly registered Johannesburg, dated 188[9] -192[4], very fine or better (16)

£120-150

x139Verdite Mines Limited, pair of one shilling sharecertificates, 191[9] and 191[8], vignette of miningscene, 191[8] issue in green large format, 19[19] issueblack, both issued Johannesburg, very fine (2)

£80-100

x140Willows Copper (Argentiferous) Syndicate Ltd.,certificates for 5 shares of £1, Pretoria 18[89], greenwith revenue stamp and a further 6 certificates relatedto copper mining, including, New King Solomon’sCopper Mines Syndicate Ltd., Johannesburg 190[7],brown; African Copper Development Co. Ltd.,190[7], blue; Cape Copper Co., 2 registered sharecertificates 189[2] and 189[7], and 2 bearer warrantsfor 1 share and 25 shares, 19[07] and 19[19], largeformat with coupons and miner vignette, very fine orbetter (7)

£80-100

RHODESIAx141British South Africa Company, £1 shares, [1907],no. 500451, coat of arms in centre, ornate border,black, pink underprint, large embossed company seal,very fine; together with other certificates of Rhodesianinterest, all non gold mining (10), including bearercertificate relating to shares in the Beira Railway Co.Ltd., [1898], signed by Lord Grey, steam train atbottom, natives in vignettes around border; LimpopoRanching Co. Ltd., [1925]; Manica Trust Ltd.,192[4], and Rhodesian Anglo-American Ltd., bearerwarrant for 25 shares of 10/-, 19[38], mixed conditionbut many very fine. (11)

£80-100

x142Rhodesia Breweries Ltd., a pair of certificates for £1ordinary shares, 189[5], no.13, blue, and £1 deferredshares of £1, 189[6], no.63, brown, both withscrollwork at left and monogram in centre, the firstwith light staining, very fine. (2)

£60-80



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x143Pioneers of Mashonaland Syndicate Ltd., £1 shares,189[2], black; together with other rare earlyRhodesian certificates comprising Prospectors ofMatabeleland Ltd., 1896; Rhodesia Estates andTown Lands Ltd., 1896; Beligwe DevelopmentSyndicate Ltd., Matabeleland, 1895; Gwelo(Matabeleland) Exploration & Development Co.Ltd., 1895 and Gwand (Rhodesia) ConsolidatedDeveloping Co. Ltd., 1895, very fine and better, ascarce group. (6)

£80-100

x144A group of 19th century Rhodesian gold miningcertificates, comprising; United Rhodesian GoldFields Ltd., 1896; Associated Rhodesian Gold EstatesLtd., 1899; Selukwe Development Syndicate Ltd.,1896; Clark’s Consolidated Ltd., 1899; AliceProprietary Mines (Rhodesia) Ltd., 1899; RhodesiaEstates and Town Lands Ltd., £25 debenture, 1898and Beatrice (Rhodesia) Co. Ltd., 1899, generally veryfine. (7)

£80-100

x145A fine group of Rhodesian gold mines, all part ofthe George Saunders group, Bonsor Gold MiningCo. Ltd., 190[1], signed by Sir John Willoughby;Dunraven Gold Mining Co. Ltd., 189[8]; EastGwanda Mines Ltd., 190[5], and debentures for £10and £100, both 1905; Jessie Gold Mining Co. Ltd.,189[9]; Matabele Mines Ltd., 190[3]; Matabele Reefsand Estates Co. Ltd., 190[5]; New Found Out MinesLtd., 19[13], signed by the Hon Charles White;North Bonsor Gold Mining Co. Ltd., 189[9], twodifferent pieces, both signed by Arthur Grenfell; Red& White Rose Gold Mining Co. Ltd., 189[902],signed by both Sir John Willoughby and the HonCharles White; Rhodesia Goldfields Ltd., 189[8],signed by Sir John Willoughby; West Nicholson GoldMining Co. Ltd., 1[902], and White’s ConsolidatedCo. Ltd., 190[6], all with facsimile signature ofGeorge Saunders as secretary, an excellent base for acollection, generally very fine and better. (15)

£200-250



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x146A good collection of Rhodesian mining certificates(30), 1890’s through to 1934, many good piecesnoted including Tati Concessions Ltd., 190[5];Premier Tati Monarch Reef Co. Ltd., 18[97]; GatlingHill Gold Mining Co. Ltd., 190[2]; White Mule(Abercorn) Development Co. Ltd., 19[11]; Antenior(Matabele) Gold Mines Ltd., [1902]; Forbes RhodesiaSyndicate Ltd., [1905], and Mayo (Rhodesia)Development Co. (1908) Ltd., [1920], generally veryfine and well worth closer inspection. (30)

£300-400

SOUTH WEST AFRICA

x147Ameib Exploration Company Ltd., £1 shares, CapeTown 19[11], large vignette of mountain with housein the foreground, affixed revenue stamp, extremelyfine

£60-80

x148Walwich Bay Mining Company, £20 shares, CapeTown, Cape of Good Hope, certificate number 1093,18[54], black, very fine

£100-120

OTHER PROPERTIES

FRENCH CONGO

149Co. Coloniale du Fernan-Vaz (Congo-Français),100 Franc share, 1900, large vignette of apeconfronting elephant with river and canoe inbackground, blue, green underprint, red seal, withcoupons, Bãnãnã de Rio-Grãnde (Nicaragua), 100Franc share, Paris [1913], very decorative border ofscenes depicting the growing, harvesting and shippingof the banana crop, blue and green, with coupons, bothextremely fine (2)

£60-80



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GUINEA

150S.A. “La Camayenne”, 100 Franc share, Paris[1912], No. 08536, a decorative border includingvignettes at top and bottom of Port de Camayenneand Plantation St. Marguerite, and at left and right ofbananas and pineapples, green on yellow underprint,with coupons, extremely fine

£60-80

MOZAMBIQUE

151Portuguese Manica Gold Mining Co. Ltd., a groupof 3 certificates for 5, 10 and 25 shares of 4$500 or £1each, the 5 and 10 shares dated 1901, the 25 sharesdated 1899, vignette of map of the area and crystalformation, blue, brown and red respectively, withcoupons, about extremely fine. (3)

£60-80

NYASALAND

152British Central Africa Company Ltd., a specimencertificate for 10/- shares, 19-, from the Bradbury,Wilkinson & Co. archives, annotation on thecounterfoil for 1924, coat of arms in centre, ornateborder, green with pink underprint, with counterfoil,perforated SPECIMEN, extremely fine

£60-80

PORTUGUESE CONGO

153Companhia de Cabinda, 10 shares of 45 Escudos,Lisbon 1918, vignette of native African carrying abasket of fruit and spade at left, smaller vignettes ofMercury’s winged helmet and agricultural tools topleft and right, green on buff, extremely fine

£60-80



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SOUTH AFRICA

154Ben Trovato Estate and Gold Mining CompanyLtd, certificate for 50 £1 shares, Johannesburg189[5], no.0039, signed by Alfred Rothschild asLondon director, ornate border, black with greenunderprint, printed by Bradbury Wilkinson & Co,with coupons, light creasing, slight discolouration onright edge, very fine

£80-100

NEAR AND MIDDLE EAST

OTTOMAN EMPIRE

155Ottoman Railway Co., £20 share, London 186[2],No.08925, ornate scrollwork at left, text in English,French and Turkish, impressed and adhesive revenuestamps, coupons re-attached, good very fine

£120-150

156Ottoman Railway Co., £20 share, London 186[2],No.08829, ornate scrollwork at left, text in English,French and Turkish, impressed and adhesive revenuestamps, coupons re-attached, good very fine

£120-150

157‘Ittihad’ Société Anonyme de NavigationOttomane, certificate for 5 shares of T£1, Salonica1911, no.142981-142985, issued to Prince AbdulEfendi Hazretleri, second youngest son ofAbdulhamid II, large format and very attractive piecewith vignette of steamship in centre with lifebelts ineach corner, black, green underprint, with coupons,good very fine

£120-150



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158Société Ottomane des Allumettes, ten pieces, 125franc shares, Constantinople 1891, nos. 05099,05100, 05105, 05106, 05110, 05111, 05114, 05115,05199 and 05200, ornate border, with coupons,mostly extremely fine. (10)

£100-150

EGYPT

159Compagnie Universelle du Canal Maritime deSuez, a certificate for 250 franc share to bearer,created in June 1924, no.542,439, vignettes of thecanal guarded by Sphinx and flanked by Egyptianarchitectural columns, shades of green, with coupons,about extremely fine

£600-800

160Agricultural Bank of Egypt, 31⁄2% GuaranteedBonds, a pair of specimen certificates for £20 and£100, from the Bradbury, Wilkinson & Co. archive,October 1907, large format, ornate borders, blue andgreen respectively, text in English and French, withcoupons, extremely fine. (2)

£100-120

161Building Lands of Egypt S.A., a set of 3 certificatesfor 1, 5 and 25 shares of £4 each, Alexandria 1906,ornate borders, text in French, mauve, dark green andbrown respectively, with coupons, the first and lastwith some glue residue on the face, generally very fineand better. (3)

£60-80

162Egyptian Fibre Syndicate, a group of ten certificatesfor shares of 4 Egyptian pounds, Alexandria 1920,attractive piece with ornate border and vignette incorners depicting native plants and wildlife, black withgold underprint, all with coupons, all extremely fine.(10)

£150-200



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x163Nile Valley Gold Mining Co. Ltd., £1 shares, fullypaid, 19[18], no.5564, vignette of Um Garaiart Mine,pyramids and Sphinx at either side, green, gold seal,registered in the Transvaal, very fine

£60-80

164Sednaoui Zariffa Nahas & Co. Ltd., bearer warrantfor 50 deferred shares of 1/-, 190-, a specimencertificate from the Bradbury, Wilkinson & Co.archives, vignette of palm trees and pyramid, text inEnglish and French, green and black, with coupons,extremely fine

£60-80

165S.A. Crédit Immobilier Suisse-Égyptien, 500 francshare, Genéve 1928, no.1489, ornate border, greenwith green underprint, with coupons, extremely fine

£60-80

166St. Mark’s Buildings’ Association, Ltd., £100Proprietary share, Alexandria, Egypt, 18[901], No.146, only 200 issued, ornate border, black on orangeunderprint, good very fine

£60-80



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167A group of 4 specimen certificates from theBradbury, Wilkinson & Co. archives, comprisingAnglo-Belgian Company of Egypt Ltd., 1926; CairoElectric Railway and Heliopolis Oases Company, 1share, 1906; Egyptian Delta Light Railways Ltd., £10preference share, 1911, and, Egyptian Markets Ltd.,50 shares of £1, circa 1945, all attractively printed andcolourful, extremely fine. (4)

£120-150

ALGERIA

168Manufacture de Tapis D’Art, 5000 Franc share,Algeria 1906, No. 006025, lovely pen and ink styledecoration depicting women at loom, dark green andred on light green underprint, with coupons, extremelyfine

£80-100

A long established manufacturer of Algerian carpets

ETHIOPIA

169Chemins de Fer Éthiopiens, 500 Franc share, Paris1899, No. 22977, large vignette at top of tribal leaderand camel train waiting by railway line for train to pass,signed L Bombled (French Artist Louis CharlesBombled), emblem of lion at top, very ornate border,brown, with coupons, extremely fine

£40-50

Formed to construct lines from the Djibouti to Entotto,Kaffa and the White Nile

170Cie. Imperiale des Chemins de Fer Ethiopiens, agroup of certificates for 100 franc shares, Paris 1899,superb huge vignette of the King and entouragewaiting for a steam train, yellow and brown, withcoupons, generally very fine to extremely fine but sometoned at edges. (25)

£300-400

MADAGASCAR171Société des Graphites de la Sahanavo, a group of 23certificates for 100 franc shares, Tananarive 1926,ornate border, brown with yellow underprint, all withcoupons, varying condition, generally very fine. (23)

£60-80



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MOROCCO172Morocco: ‘Empire Cherifien’ French Protectorate,6% Loan, 1937, a specimen bond for 1000 francs,Rabat 1937, printed by Imprimerie Speciale deBanque, large format, interesting and rather typicaldesign of geometric patterns, orange and brown, withcoupons, overprinted NUL many times across face, tworather unfortunate spike holes in centre otherwiseextremely fine

£80-100

173Morocco: ‘Empire Cherifien’ French Protectorate,31⁄2% Loan, 1942, a specimen bond for 2000 francs,Rabat 1942, printed by Imprimerie Speciale deBanque, interesting and rather typical design ofgeometric patterns, green and brown, with coupons,overprinted SPECIMEN at bottom, extremely fine

£80-100

174Compagnie des Chemins de Fer du Maroc, 5%Loan, a pair of specimen bonds for 1000 francs, 1stFebruary 1933 and second issue 15 November 1933,the first quite attractive with architectural designs,mauve, the second a little more plain, brown, bothperforated SPECIMEN, both with coupons, extremelyfine. (2)

£60-80

PALESTINE

175Agrobank (Agricultural & Building Bank forPalestine) Ltd., 2 Palestine Pounds debenture stock,Tel Aviv [1938], geometric style border with coats ofarms at corners, text in English and Arabic, brown andgreen, punch cancelled, slight foxing otherwise very fine

£80-100

176Jewish Colonial Trust (Juedische Colonialbank)Ltd., a group of 4 certificates for 1 ordinary share,1[900] or 1[901], vignettes in each corner of thewailing wall, agriculture and industrial scenes, blueand black, yellow underprint, only one with coupons,all with tears, some repaired, small pieces missing, fair tofine. (4)

£80-100



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177Zerubabel Bank, Cooperative Society Ltd., 1preferred share of 1 Palestine Pound, Tel Aviv 1939,No. 859, text in English and Hebrew, blue decorativeborder, green underprint, red embossed seal, centrefold otherwise about extremely fine;, together withMizrah Bank Ltd., 1 share of 1 Egyptian Pound,19[24], No.233, stylised border incorporatingHebrew text, black, blue and brown, slight thinningon centre fold at top, with coupons, good very fine. (2)

£80-100

PERSIA

178Persian Bank Mining Rights Corporation Ltd., £5preferred ordinary shares, part paid, 18[90], no.0569,signed by Baron George de Reuter as director,Persian lion at left, crown above, ornate border,brown, printed by Bradbury, Wilkinson & Co., almostextremely fine and scarce

£120-150

Formed by Baron George de Reuter (son of the founderof the Reuters News Agency), to work metal, coal &petroleum deposits. The drilling was not successful and by1899 the company was in liquidation. The word Bank inthe title refers to the concession given to Baron JuliusReuter for the establishment of the Imperial Bank ofPersia.

SYRIA

179S.A. Syrienne pour la Fabrication de la Bière, sharefor 200 syrian pounds, Aleppo 1959, no.11014,ornate border in yellow, orange and black, withcoupons, light centre fold, otherwise extremely fine andrare

£60-80

TUNISIA

180Co. Franco Tunisienne de Navigation, 100 Francshare, No.2333, Marseille 190[5], 2 vignettes atbottom depicting Tunisian and French coastal scenes,coats of arms in centre, decorative border, grey andblack, with coupons, extremely fine

£150-200



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181Soc. Des Mines du Djebel Ressas, Tunisie, Foundershare, Paris 1900, No. 05814, very decorative borderwith illustration at bottom of camel train passing bymine workings with palm tree, blue, with coupons,extremely fine

£60-80

ASIA

CEYLON

182Ceylon Company Ltd., a group of 7 certificates forone share of £20, £10 paid, 1866, attractive view oftown from the sea, about extremely fine. (7)

£150-200

Established in 1862 to acquire the Worms Coffee Estatesin Ceylon and Mauritius. Failed due to heavy losses inMauritius and the failure of its bankers, the OrientalBank Corporation in 1892

CHINA

Government Loans183A small collection of Chinese bonds, comprising1913 Reorganisation Gold Loan, £20, French issue;Tientsin-Pukow railway, 1910, £20; Hukuang, £20,German issue; 1922 Railway Equipment Loan; LungTsing U Hai Railway, 1913, £20 bond; Allied VictoryLoan, 1942, US$50; Allied Victory Bond, 1942, 100yuan, and others (2), generally very fine and better. (9)

£200-250

1841913, 5% Reorganisation Gold Loan, a group ofbonds for £20 (10), issued by the Banque de l’Indo-Chine in Paris (9) and Deutsche-Asiatische Bank (1),ornate border, Mercury at top, city view and peasantsat either side, brown, printed by Waterlow & Sons,with coupons, generally very fine or better; togetherwith other Chinese certificates (41) including LungTsing U hai, 1913 (2), 1925(6), Dutch Loans (2),Hukuang £20 and 1898 £25 bond, also a fewcertificates from French Indo-China, mixed conditionbut many fine and very fine. (51)

£1,000-1,200



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185Chinese Imperial Government, 7% Silver loan, 1894, a specimen bond for 500 taels, Shanghai Currency, issued by theHong Kong & Shaghai Banking Corporation in 1895, one of only two examples known, large format, ornate borderincorporating dragons at either side, grey/black printing, with coupons, perforated CANCELLED and also handwritten‘specimen’ at bottom, signature area cut away, almost extremely fine and extremely rare

£15,000-18,000

The other known example of this loan was illustrated in Kuhlman’s ‘China’s Foreign Debt’ courtesy of the cataloguer. Althoughit was thought that one of our clients had it within his collection this now turns out not to be the case and its whereabouts arecurrently unknown!



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1861895 4% Gold Loan, bond for 500 francs,no.466224, issued in St.Petersburg, ornate border,brown, black and yellow, red ‘chop’ without coupons,5 large cancellation holes as normal, some edge damage,otherwise very fine

£300-400

1871895 4% Gold Loan, 2500 franc bond, no. 614326-614330, issued in St Petersburg, ornate border, blueand brown, red ‘chop’, with coupons, 5 cancellationholes, small chip from left marging, fine to very fine andrare

£1,000-1,200



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1881896, 5% Gold Loan, pair of bonds for, £50,no.22998, and £25, no.19545, issued by the Deutsch-Asiatische Bank, large format, ornate border, brownwith green underprint and blue with yellowunderprint, red chops in centre, cancellation holes,with two coupons, very fine. (2)

£60-80

1891898, 41⁄2% Gold Loan, £25 bond, No.000503,issued by Hongkong & Shanghai Banking Corp., textin English and German, large format, red and green,with coupons, about very fine

£150-200

1901898, 41⁄2% Gold Loan, £25 bond, no.000806,issued by the Hongkong and Shanghai BankingCorporation, large format, ornate border, red andblack, chop in centre, with coupons, some edge damageand creasing, good fine

£150-200

1911898, 41⁄2% Gold Loan, £50 bond, No.001158,issued by Hongkong & Shanghai Banking Corp., textin English and German, large format, orange andmauve, with coupons, about very fine

£150-200



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1921898, 41⁄2% Gold Loan, £50 bond, no.000461,issued by the Hongkong and Shanghai BankingCorporation, large format, ornate border, orange andblack, chop in centre, with coupons, some lightcreasing and centre folds, nearly very fine

£150-200

1931898, 41⁄2% Gold Loan, a rare duplicate bond for£100, no.025593, issued by the Hongkong andShanghai Banking Corporation, blue ‘original securityduly stamped’ stamp at top right, numbering insmaller format, smaller square red chop at bottom,large format, ornate border, brown and black, withcoupons, centre folds and some light creasing, very fine

£300-400

1941898, 41⁄2% Gold Loan, a rare duplicate bond for£100, no.046933, issued by the Hongkong andShanghai Banking Corporation, blue ‘original securitystamped 10 per cent’ stamp at top left, numbering insmaller format, very small square red chop at bottom,large format, ornate border, brown and black, withcoupons, heavy centre folds and some edge damage,about very fine and rare

£300-400

1951898, 41⁄2% Gold Loan, a group of 6 bonds for £100,issued by the Hongkong and Shanghai BankingCorporation, all with varieties of revenue stamps, largeformat, ornate border, brown and black, all withcoupons, mixed condition, fine to very fine. (6)

£180-220



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1961898, 41⁄2% Gold Loan, bond for £500, no.001246,issued by the Hongkong and Shanghai BankingCorporation, large format, ornate border, purple andblack, red chop in centre, with coupons, some edgedamage and small tears to left side, about very fine

£400-500

1971898, 41⁄2% Gold Loan, a group of three comprising£100, £50 and £25 bonds, all issued by the Deutsch-Asiatische Bank, large format, ornate borders inbrown, orange and red respectively, all with chop incentre and with coupons, some edge damage, otherwisevery fine. (3)

£80-100

1981898, 41⁄2% Gold Loan, un-issued reserve stock bondfor £25, Deutsch-Asiatische Bank, large format, ornateborder, red and black, not numbered, no chop, withall coupons, extremely fine

£300-400

1991898, 41⁄2% Gold Loan, un-issued reserve stock bondfor £50, Deutsch-Asiatische Bank, large format, ornateborder, orange and black, not numbered, no chop,with all coupons, extremely fine

£300-400



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2001899, Chinese Imperial Railway 5% Gold Loan,bond for £100, no.05452, large format with ornateborder, text all in English, red chop in centre, brownwith pale blue underprint, with coupons, lightcreasing, very fine

£140-180

2011899, Chinese Imperial Railway 5% Gold Loan,bond for £100, no.01197, large format with ornateborder, text all in English, red chop in centre, brownwith pale blue underprint, with coupons, heavycreasing and some edge damage, fine

£120-150

2021903, Shanghai Nanking Railway 5% Gold Loan, agroup of 3 bonds for £100, dated 1904 and 1907,ornate border, red and black, two ‘chops’ at bottom,all with coupons, slight edge damage to all and lightcentre folds, almost very fine. (3)

£80-100

2031905 Honan Railway 5% Gold Loan, pair of bondsfor £100, nos. 4039 and second issue 7724, largeformat, ornate border, green with yellow underprint,both with coupons, very fine. (2)

£150-200

2041905 Honan Railway 5% Gold Loan, bond for£100, second issue 1906, no. 7419, only 1000issued, large format, ornate border, green and blackwith yellow underprint, with coupons, good very fine

£100-120



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2051907 Canton Kowloon Railway 5% Gold Loan,bond for £100, no.1919, ornate border, red and black,two ‘chops’ at bottom, with coupons, light creasing,about extremely fine

£60-80

2061908, 5% Gold Loan, bond for £20 issued by theHongkong and Shanghai Banking Corporation, 1909,no.B025249, walled city of Peking at top, green andblack, printed by Waterlow & Sons Ltd, no coupons asis usual, light folds, almost extremely fine and rare issue

£300-400

2071908, 5% Gold Loan, bond for £100 issued by theHongkong and Shanghai Banking Corporation, 1909,no.A004348, walled city of Peking at top, purple andblack, printed by Waterlow and Sons, no couponsremain as usual, good very fine

£200-300

2081908, 5% Gold Loan, bond for £20 issued by theBanque de l’Indo-Chine, 1909, no.B118536, walledcity of Peking at top, green and black, printed byWaterlow & Sons Ltd, no coupons as is usual, lightfolds and edge damage where coupons removed, good veryfine

£60-80



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2091908 Tientsin-Pukow Railway 5% Loan, a pair ofbonds for £100, both issued in London, one with £50paid, ornate border, orange and black, two chops atbottom, with coupons, both very fine. (2)

£120-150

210Tientsin-Pukow Railway 5% Loan, 1908, bond for£100, £50 paid, issued by Chinese Central Railways,no.31955, large format, orange and black, withreplacement coupons, mauve stamp showing £50repaid in 1926 at top left, good very fine

£100-120

211Tientsin-Pukow Railway 5% Loan, 1908, a groupof 5 bonds for £100, each with £50 paid, issued byChinese Central Railways, large format, orange andblack, with replacement coupons, mauve stampsshowing £50 repaid in 1926 at top left, generally veryfine and better. (5)

£500-600

2121908 Tientsin-Pukow Railway, a group of threebonds, all German issue, £100, no.05851, brown withgreen underprint, and two £20 bonds, nos. 18190 and08336, mauve with pale blue underprint, first twowith coupons, the latter without, all very fine. (3)

£60-80

2131910 Tientsin-Pukow Railway SupplementaryLoan, a pair of bonds, both German issue, £100,no.06271, dark green with mauve underprint, £20,no.32658, dark green with pink underprint, both havetwo chops at bottom, both with coupons, aboutextremely fine. (2)

£60-80

2141910 Tientsin-Pukow Railway SupplementaryLoan, bond for £100, London issue, no.20719,ornate border, green with green underprint, twochops at bottom, with coupons, about extremely fine

£60-80



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215Imperial Chinese Government, 5% HukuangRailways Sinking Fund Gold Loan, 1911, a pair ofbonds, £100 and £20, issued by the Hongkong andShanghai Banking Corporation, large format, vignetteof steam train at top, red and green respectively,printed by Waterlow & Sons Ltd, both with coupons,both have a light centre fold, otherwise extremely fine. (2)

£100-150

216Imperial Chinese Government, 5% HukuangRailways Sinking Fund Gold Loan, 1911, a pair ofbonds, £100 and £20, issued by the Deutsch-Asiatische Bank, large format, vignette of steam trainat top, red and green respectively, printed by Waterlow& Sons Ltd, both with coupons, both have a lightcentre fold, otherwise extremely fine. (2)

£80-100

217Imperial Chinese Government, 5% HukuangRailways Sinking Fund Gold Loan, 1911, a pair ofbonds, £100 and £20, issued by the Banque de l’Indo-Chine in Paris, large format, vignette of steam train attop, red and green respectively, printed by Waterlow& Sons Ltd, both with coupons, both have a lightcentre fold, otherwise extremely fine. (2)

£80-100



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218Imperial Chinese Government, 5% HukuangRailways Sinking Fund Gold Loan, 1911, £20bond, issued by the American Banks syndicate, largeformat, vignette of steam train at top, green, printedby Waterlow & Sons Ltd, with coupons, some creasingand tear at top left, otherwise very fine

£1,000-1,200

219Imperial Chinese Government, 5% HukuangRailways Sinking Fund Gold Loan, 1911, £100bond, issued by the American Banks syndicate, largeformat, vignette of steam train at top, red, printed byWaterlow & Sons Ltd, with coupons, extremely fine

£80-100



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2201911, 5% Imperial Railway Loan, bond for 100 yen,issued by the Yokohama Specie Bank, ornate border,Chinese dragons at top, blue and black, yellowunderprint, text in Chinese with English on reverse,with coupons, rough edge where coupons removed,otherwise good very fine

£300-400

2211911 5% Imperial Railway Loan, bond for 500 yen,no.000252, payable through the Yokahama SpecieBank, Ltd., Imperial Chinese Dragons at top, text inChinese with English on reverse, decorative floralborder, brown with green underprint, with coupons,good very fine

£300-400

2221911, 5% Imperial Railway Loan, bond for 5000yen, issued by the Yokohama Specie Bank, ornateborder, Chinese dragons at top, green and black, pinkunderprint, text in Chinese with English on reverse,with coupons, slight edge damage at top, otherwise goodvery fine

£400-500

2231912 5% ‘Crisp’ Gold Loan, a pair of bonds for£500 and £100, large format, brown with blueunderprint and turquoise with turquoise underprintrespectively, red chops at bottom, both with coupons,very fine. (2)

£300-400



55

2241912 5% Gold ‘Crisp’ Loan, £1000 bond, no.012;fine, Lung Tsing-U Hai 1913 5% Gold Loan, £20bond, unissued, 8% Treasury Loan, 3 bonds for 500francs dated 1920, 1921 and 1923, unissued extremelyfine. (5)

£800-1,000

2251912 5% ‘Crisp’ Gold Loan, bond for £1000,no.273, large format, red with orange underprint, redchops at bottom, with coupons, centre fold and slightedge damage, very fine

£800-1,000



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226Chinese Central Government, 1913 6% ‘Austrian’ Loan, £50 bond, no.00246, large format piece, mauve and black,red ‘chop’ in centre (Kuhlmann 310), with coupons, very fine and scarce thus

£1,800-2,000



57

2271913, 5% Reorganisation Gold Loan, a pair ofbonds for £100 and £20, both countersigned by theHongkong and Shanghai Banking Corporation,ornate border, Mercury at top, city view and peasantsat either side, blue and brown respectively, printed byWaterlow & Sons, both with coupons, both close toextremely fine. (2)

£300-400

2281913, 5% Reorganisation Gold Loan, bond for£100, countersigned by the Hongkong and ShanghaiBanking Corporation, ornate border, Mercury at top,city view and peasants at either side, blue, printed byWaterlow & Sons, with coupons, some light creasing,good very fine

£250-300

2291913, 5% Reorganisation Gold Loan, a pair ofbonds for £100 and £20, both issued by the Deutsch-Asiatische Bank, ornate border, Mercury at top, cityview and peasants at either side, blue and brownrespectively, printed by Waterlow & Sons, both withcoupons, both extremely fine. (2)

£300-400

2301913, 5% Reorganisation Gold Loan, bond for £20,issued by the Banque de l’Indo-Chine in Paris, ornateborder, Mercury at top, city view and peasants at eitherside, brown, printed by Waterlow & Sons, withcoupons, extremely fine

£60-80

2311913, 5% Reorganisation Gold Loan, 3 bonds for£20, or 189.40 roubles, issued by the Russo-AsiaticBank, ‘Mercury’ at top, peasants and buildings ateither side, brown and black, printed by Waterlow &Sons, with coupons, extremely fine. (3)

£200-250



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2321913, 5% Reorganisation Gold Loan, 2 bonds for£20, or 189.40 roubles, issued by the Russo-AsiaticBank, ‘Mercury’ at top, peasants and buildings ateither side, brown and black, printed by Waterlow &Sons, with coupons, different revenue stamps,generally about extremely fine. (2)

£140-180

2331913, 5% Reorganisation Gold Loan, 5 bonds for£20, or 189.40 roubles, issued by the Russo-AsiaticBank, ‘Mercury’ at top, peasants and buildings ateither side, green and black, printed by Waterlow &Sons, with coupons, different revenue stamps,generally about extremely fine. (5)

£300-400

2341913, 5% Reorganisation Gold Loan, £20 bonds(10) issued by Russian-Asiatic Bank, Mercury at top,peasants and buildings either side, green, printed byWaterlow & Sons with coupons, very fine and better(10)

£600-800

2351913, 5% Reorganisation Gold Loan, £20 bonds(15) issued by Russian-Asiatic Bank, Mercury at top,peasants and buildings either side, green, printed byWaterlow & Sons with coupons, generally very fine orbetter (15)

£900-1,200

2361913, 5% Reorganisation Gold Loan, £20 bonds(15) issued by Russian-Asiatic Bank, Mercury at top,peasants and buildings either side, green, printed byWaterlow & Sons with coupons, generally very fine(15)

£900-1,200

2371913, 5% Reorganisation Gold Loan, £20 bonds(38) issued by Russian-Asiatic Bank, Mercury at top,peasants and buildings either side, green, printed byWaterlow & Sons with coupons, generally very fine orbetter (38)

£1,600-1,800

2381913 5% Gold Loan for Lung-Tsing-U-HaiRailway, four bonds for £20, three issued varieties andone unissued reserve stock, large format, text inFrench and English, ornate border, blue with greenunderprint, all with coupons, very fine to extremelyfine. (4)

£100-150



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2391913 51⁄2% Gold Loan of the Province of Petchili,bond for £20, Antwerp, no.15751, text in French andEnglish, very large format, red chop at bottom, ornateborder, vignette at top of Chinese shipping scene,brown and black, with coupons, good very fine

£2,000-3,000

2401914 5% Gold ‘Industrial’ Loan, provisional bondfor 500 francs, Paris, ornate border, blue on buffunderprint, extremely fine

£80-100



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241Republic of China, 6% 3-Year Gold Loan, 1916, also known as the Chicago Bank Loan, a specimen certficate for $1000,printed by the American Bank Note Co., one of only 2 or possibly 3 found in the archives, pagoda at top, ornate border,olive green and black, with coupons, tri-folded otherwise about extremely fine and very rare.

£6,000-8,000

This loan was repaid in 1919 by a further dollar loan and to date no cancelled or issued bonds are known to exist. Of the threespecimens one was sold by Smythe in New York some 15 years ago and we can find no trace of any further sales since that date



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2421918, 8% Treasury ‘Marconi’ Bill, £500 bond, No.1720 of only 500 issued, ornate border, red and black,yellow underprint, on poor quality paper, couponsremoved and re-attached, poor repair to lower rightcorner, several splits, fine

£100-150

2431918, 8% Treasury ‘Marconi’ Bill, £500 bond, No.1783 of only 500 issued, ornate border, red and black,yellow underprint, on poor quality paper, couponsremoved and re-attached, corner missing, several splits,very fine

£100-150

2441918, 8% Treasury ‘Marconi’ Bill, £1000 bond, No.2035 of only 200 issued, ornate border, red and black,yellow underprint, on poor quality paper, couponsremoved and re-attached, right edge a little ragged,very fine

£200-300

2451919 8% 10 Year Treasury Notes, bonds for £100,No. 7897, and £500, No. 9564, vignette of dockside,green and blue respectively, very fine. (2)

£120-150

2461919 8% 10 Year Sterling Treasury Notes ‘VickersLoan’, set of bonds for £100, £500 and £1000,vignette of dockside at top, ornate border, green, blueand brown respectively, all with coupons, generallygood very fine. (3)

£300-400



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2471919, 6% Two-Year Secured Gold ‘Chicago Bank’Loan, $1000 bond, No. 121, vignette of Pagoda attop, orange and black, printed by the American BankNote Co., with coupons, ragged edge at right wherecoupons removed, good very fine

£300-400

2481925 5% Gold ‘Boxer’ Loan, a group of 41 bondsfor $50, ornate border, brown and yellow, withcoupons, mixed condition, generally about very fineand better. (41)

£300-400

2491925, 5% Gold ‘Boxer’ Loan, a group of bonds for$50, ornate border, brown and yellow with coupons,very fine or better (84)

£600-800

2501925, 8% ‘Skoda’ Loan, bond for £500, No. 20967,ornate border, orange and black, ‘chop’ in centre, withcoupons, extremely fine

£150-200



63

2511925 8% ‘Skoda’ Loan, bond for £1000,no.0026541, ornate border, red and black, ‘chop’ incentre, with coupons, extremely fine

£200-300

2521928 6% Gold ‘Belgian Boxer’ Loan, two bonds forUS$100, no.014957 and no.025676, ornate border,blue with green underprint, the first has a certificateattached to denote American domicile, both withcoupons, extremely fine and very fine with tear at topand tape to edge. (2)

£150-200

2531934 6% Sterling Indemnity Loan, group of threebonds comprising; £1000 bond, no.6055, vignette ofSun Yat Sen at top, pink and blue; £100 bond,no.4612, green and orange; £50 bond, no.1301,maroon and green, all with coupons, all extremely fine.(3)

£1,000-1,200

2541934, 6% Sterling Indemnity Loan, bond for£1000, no. 6054, portrait of Sun Yat Sen at top, textin Chinese and English, red and blue, brownunderprint, with coupons, extremely fine

£800-1,000



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2551936, 6% Shanghai-Hangchow-Ningpo RailwayCompletion Loan, pair of bonds for £50 and £100,large format pieces with Sun Yat Sen top right, ornateborders, green, red and blue and brown, green andblue respectively, with coupons, extremely fine (2)

£120-150

2561936, 6% Shanghai Hangchow NingpoCompletion Loan, a group of 4 bonds for £50, largeformat with vignette of Sun Yat Sen in top rightcorner, medallion of value in top left corner, green, redand blue, with coupons, very fine to extremely fine. (4)

£200-250

2571936, 6% Shanghai-Hangchow-Ningpo RailwayCompletion Loan, £100 bonds (10), large formatpieces with Sun Yat top right, ornate borders, brown,green and blue, with coupons, about extremely fine(10)

£500-600



65

2581937 Secured Sinking Fund Bond (PacificDevelopment Loan), for US$1000, no.M4079,pagoda at top, blue and black, with coupons, ABNCo.printing, with certificate attached to denote Americandomicile, extremely fine

£300-400

2591937 Liberty Loan, a group of four bondscomprising; $5, $10, $50 and $100, blue, dark blue,dark brown and mauve respectively, all bear red chopin centre and revenue stamp, all with coupons (someremoved), generally extremely fine. (4)

£150-200

2601937 Liberty Loan, group of five bonds for 10dollars, all with Malayan duty stamps, blue withorange underprint, red chop in centre, English onreverse, all with coupons, extremely fine. (5)

£200-300



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Internal Loans

2611915 Chung Hwa Revolutionary Party, FundRaising Bonds, 3rd series, 10 yuan, no.50127, withfacsimile sigature of Sun Wen (Sun Yat Sen),orange and black, only partly issued, text all inChinese, almost extremely fine

£500-600

26229th Year Reconstruction Gold Loan, 1940, agroup of 11 bonds for US$5, attractive design withsteam trains, bridge and mining tools within borders,blue and red, with coupons, Chinese text with Englishtranslation on the reverse, generally extremely fine.(11)

£250-300

Municipal Loans

263City Government of Greater Shanghai, 7%Shanghai Rehabilitation Loan, 1932, bond for$100 (Shanghai Currency), no.C692, large formatpiece with ornate borders, green and black, text all inEnglish with coupons, good very fine and a very raredenomination

£600-800



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264City Government of Greater Shanghai, 7%Shanghai Rehabilitation Loan, 1932, bond for$1000 (Shanghai currency), no.D0567, large formatpiece with ornate borders, brown and black, text all inEnglish with coupons, about extremely fine and rare

£600-800

265Shanghai Municipal Council, 6% loan of 1926,debenture for 100 Taels, No.D19351, vignette ofShanghai Council buildings in centre, ornate border,orange, extremely fine

£80-100

266Shanghai Municipal Council, 5% loan of 1934,debenture for $100, No.A00747, vignette of ShanghaiCouncil buildings in centre, ornate border, orange,filing holes at top, good very fine

£80-100

267Shanghai Municipal Council, 5% loan of 1934,debenture for $1000, No.C00928, vignette ofShanghai Council buildings in centre, ornate border,red, filing holes at top, good very fine

£100-120



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268Shanghai Municipal Council, 5% loan of 1934,debenture for $5000, No.D00309, vignette ofShanghai Council buildings in centre, ornate border,green, filing holes at top, about extremely fine

£250-300

269British Municipal Council Tientsin, GeneralPurposes Loan, 1932, bond for $100 (Tientsincurrency), no.750, ornate border with coat of arms ofthe city in centre, brown and black, printed byWaterlow & Sons, with coupons, extremely fine

£300-400


£500-600



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£600-800


272Bank of China, 10 shares of 100 yuan, 1917, ornateborder, red and black, 4 pages, text all in Chinese, veryfine and scarce

£600-800

273Banque Franco-Chinoise pour le Commerce &L’industrie, 500 franc preference share, Paris 1938,no.089895, ornate border, green and brown withorange underprint, with coupons, extremely fine

£60-80

274Banque Industrielle de Chine, 500 franc Foundersshare, 1913, traditional Chinese design witharchitectural border and cityscape flanked by dragonsat bottom, blue and black, with coupons, repairedsplits, very fine

£150-180



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275Banque Industrielle de Chine, a group of certificatesfor 500 franc shares, 1919 (1) and 1920 (8), ornatearchitectural border with dragons at top, Chinese dogsoversee a cityscape at bottom, yellow and black, withcoupons, generally very fine to extremely fine. (9)

£80-100

276Chinwangtao Glass Company (Compagnie desVerreries de Chinwangtao), 500 franc share, Brussels1928, no.14508, ornate border, brown with yellowunderprint, stamped with 3 repayments of capital, nocoupons, extremely fine

£80-100

277Comptoir Charles Ley S.A., pair of bearer certificatesfor $1000 Chinese, Brussels 1923, No.162; and withincreased capital No.258, of only 200 of each issued,ornate border, blue with yellow underprint, withcoupons, extremely fine. (2)

£200-250

278Hongkong Engineering & Construction Co. Ltd.,a group of 4 certificates of $2 per share, comprising19[34], no.3598, 1931 issue, part paid; 19[36],no.4066, fullly paid, black; 19[38], no.05614, 1938issue, black; 19[58], no.05905, fully paid, blue; allwith ornate border, stamped cancelled, generallyextremely fine. (5)

£80-100



71

279Hongkong Engineering & Construction Co. Ltd.,a group of 19 certificates of $2 shares, all 19[38], fullypaid, 1938 issues, black with ornate border stampedcancelled in red, generally good extremely fine. (19)

£200-300

280Hongkong Telephone Co. Ltd., a pair of certificatesfor $10 shares, 192[47], no.5593, total capitalincreased by overprint in purple from $5 million to$7.5 million, $2.50 per share paid; 19[50], no.17879,total capital increased by overprint in purple from $7.5million to $19 million, fully paid; both signed bydirectors and secretary, ornate border with green field,stylised pagoda vignette at centre, good very fine orbetter. (2)

£100-120

281Jee Yee Pier Warehouse Co. Ltd., Shanghai, 100yuan shares, 1924, ornate border, green and blackwith yellow underprint, text all in Chinese, adhesiverevenue stamp at top, good very fine

£200-300

282La Belgo-Chine, S.A. des Comptoirs Belgesd’Importation en Extrême-Orient, 200 franc share,1899, no.827, ornate border, burgundy with yellowunderprint, with coupons, single crease to side,otherwise extremely fine

£60-80



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283New Oriental Bank Corporation, £10 registeredshare, 188[91], black on blue underprint, pink paperseal, together with share warrant for £10 share, 1885,green, red seal, with coupons, about very fine, thesecond better. (2)

£80-100

284Oriental Bank Corporation, £25 share, 18[53], coatof arms at top, scrollwork at left, blue seal, good veryfine

£120-150

285Shanghai Land Investment Co. Ltd., a pair ofcertificates comprising $7 shares, 19[37] no.00744and 5 tael shares, 19[31], no.835, the first signed byHorace Kadoorie and John Keswick as directors,similar design with full height vignette of Chineseworkman painting a house at the top of a ladder, blueand brown, fine and about extremely fine. (2)

£100-150

286Société Française D’Explorations Miniéres enChine, 100 franc share, Paris 1903, no.02362, veryornate border, green with green underprint, withcoupons, extremely fine

£60-80



73

287Soc. Franco-Chinoise de Credit, Founder share,Paris 1911, No. L341, decorative border, red andyellow, with coupons, extremely fine

£60-80

Shanghai Companies in Malaya

288Batu Anam (Johore) Rubber Estates, Ltd.,certificate for 1 tael shares, 19[13], no.2086, ochretext on cream paper, fully paid, signed by directors,embossed seal, extremely fine

£60-80

289Chemor United Rubber Co., Ltd., certificate forshares of 10 candereens, 19[32], no.3705, capitalrestructure overprinted in red, rubber plantationvignette at top centre, English with Chinese text,ornate border, green and black, printed by ColombianBank Note Co.; second certificate for shares of 10candereens, 19[37], no.5447, cut cancellation,English with Chinese text, ornate border, green andblack, printed by K. & W. LD. Printers and third;certificate for shares of Hong Kong $1, 19[49],no.0123, with counterfoil attached, ornate border,green and black, accompanied by memorandum fromJ.A. Wattie & Co. detailing outstanding shares, somerust marks, otherwise very fine and better. (3)

£100-120

290Cheng Rubber Estates, Ltd., pair of certficates for 1tael and 10 candareen shares respectively, 19[24] and19[33], no.590 and no.2683, capital restructureoverprinted in red, both with monogram in centre,ornate border, brown and black, American style,printed by Colombian Bank Note Co., aboutuncirculated and extremely fine. (2)

£80-100



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291Repah Rubber & Topioca Estates, Ltd., a group of3 different certificates comprising1 tael shares, 19[25],no.1863; 10 candareen shares, 19[32], no.3751; 10candareen shares, 19[41], no.5950, all with ornateborders, green and red, the first with rust marks andsomewhat toned, very fine and better. (3)

£80-100

292Shanghai-Sumatra Rubber Estates Ltd., acollection of four certificates comprising; 5 taelsshares, Hongkong 19[55], no.3832, ornate border,brown; 5 gulden shares, 19[51], no.13533, ornateborder in green; 5 rupiahs shares, 19[55], no.13573,originally for 100 shares but overprinted with 1000,made out to the Hongkong Shanghai BankingCorporation, ornate border in green; 10 guldenshares, 191[6], no.12814, brown, all extremely fine.(4)

£80-100

293Tebong Rubber Estate, Ltd., 1 tael shares, 19[21],no.650; 10 candareen shares, 19[32], no.6210, withred overprint of new capital; 10 candareen shares,19[32], no.6367, new capital printed, and, 10candareen shares, 19[41], no.14685, slightly differentprint, without imprint, the first green and brown, therest all green, the first with damage to bottom edge withsome paper loss, otherwise very fine. (4)

£100-150

FRENCH INDO-CHINA

294Banque de Cochinchine S.A., 250 franc nominativeshare, (1908), no. 14402, very striking design ofgolden sun in centre with vignettes of buildings,workers in rice field, boats on river and styliseddragon, text in Chinese and French, red and black,with coupons, extremely fine

£150-200



75

295Plantations des Terres Rouges, a pair of certificatesfor 1 and 5 x 150 piastre shares, Saigon 1950,decorative border, underprint depicting tapping ofrubber tree, red and orange, blue respectively, nocoupons, punch cancelled, with coupons, good veryfine. (2)

£60-80

296S.A. de la Haie-Coq, 500 franc share, Paris 188[0],no.1778, only 2000 issued, ornate border, black withgold underprint, with coupons, small stain to top leftcorner, otherwise extremely fine

£80-100

INDIA297Agra Bank Ltd., 5 certificates for one share of £10,18[70], scrollwork at left, mauve, printed by JosephCauston & Sons; together with 3 certificates for £10shares, 18[90] to 18[93], slightly different scrollworkat left, mauve, printers imprint now Sir JosephCauston & Sons, and, another certificate for £6 shares,19[00], signed by the liquidator, scrollwork at left,mauve, all have several endorsements on face, generallyfine to very fine. (9)

£120-150

298A small collection of railway related certificates,comprising a scrip cert. for the Oude Railway Co.Ltd., 1857, Class A Annuities for the Great IndianPeninsula Railway and the Madras Railway (2), a scripCert for 5 shares in the East Indian Junction RailwayCo., 1847, certificate for £1 shares in the CentralRailway of Chubut Co. Ltd., 19[15], and certificatefor 100 Rupee shares in the Arakan Light Railway,191[7], the latter badly split along folds thus only finebut otherwise very fine to good very fine. (6)

£100-150

x299Azam Jahi Mills Ltd., a group of 5 certificates forone share of 100 rupees, 19[32], capital 18,000,000rupees; 19[46] (2 examples), capital 36,000,000rupees and 19[50] (2 examples), capital 72,000,000rupees, all of similar attractive design with underprintof factory, ornate border with small vignette at left,green and black, very fine and better. (5)

£60-80



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x299ABank of Hindustan Ltd., 100 rupee shares, 193[0],no.731, attractive piece with underprint map of India,scrollwork at left, brown, green seal, together withTravancore National & Quilon Bank Ltd., 50 rupeeshares, 193[7], no.3144, brown and orange-brownwith elephants at top centre, the last separated at folds,fine to very fine and both rare. (2)

£80-100

300New Kusunda Colliery Ltd., a group of 40certificates for 10 rupee ordinary shares, 192[0], blueprinting with blue underprint, embossed revenuestamps, printed by the Metropilitan Press in Calcutta,extremly fine. (40)

£200-250

301Great India Fire Insurance Co. Ltd., a group of 8certificates for 20 rupee shares, Bombay 191[9],stylised map of India with sun rising above at top left,blue, blue-green underprint, embossed seal, extremelyfine. (8)

£60-80

x302A small collection of cotton and jute mills (12),including Lalbhai Tricumlal Mills Ltd., 1929;Coimbatore Murugan Mills Ltd., 1947; MahalaxmiMills Ltd., 1942; Mafatlal Fine Spinning & Mfg Co.Ltd., 1953; Western Jute Baling Co. Ld., 1949; BirlaJute Manufacturing Co. Ltd., 1954 and DalhousieJute Co. Ltd., 1954, mixed condition but many fineand a few very fine. (12)

£80-100

x302AInvestors’ Land Co. Ltd., a group of 10 certificatesfor 100 rupee shares, 1917, attractive underprint ingreen of large building, scrollwork left, black andgreen, the day and month of issue have been omitted inerror, generally extremely fine; together with othercommercial companies (11) including Great EasternHotel Ltd., 2 types, 1915 and 1935, Morris Transportservice Ltd., 1942, attractive design, Kanknarrah Co.Ltd., 1903, and Osler Electric Lamp ManufacturingCo. Ltd., 1947, a couple unissued, generally fine to veryfine, a few better. (21)

£100-120



77

x303Tarun Commercial Mills Ltd., a group of 10certificates for one ordinary share of 100 rupees, 1953,vignettes of three of the native directors of thecompany, ornate border, brown, adhesive revenuestamps, generally extremely fine. (10)

£60-80

x304Tata Power Co. Ltd., a group of 5 certificates for oneordinary share of 1000 rupees, 192[0], allegoricalfigure at top, brown and yellow, 2 punch holes at left,good very fine. (5)

£150-200

THAILAND

SIAM

305Royal Siamese Government, £100 Bond, 41⁄2%Sterling Loan, 1907, No. 01379, lovely vignette ofSiamese Temple and buildings at top with smaller oneof elephants beneath, beautiful ornate border, printedby Waterlow Bros. & Layton, punch cancelled, redwith coupons, about extremely fine

£150-200



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AUSTRALASIA

AUSTRALIA

306Anglo-Australian Investment Finance and LandCo. Ltd (of Sydney), £100 Debenture, London18[90], No. 0462, vignette depicting a map ofAustralia surrounded by native figures and wildlife,scrollwork at left, decorative border, black, withcoupons, about extremely fine

£100-120

307Arrow Brownhill Gold Mining Co. Ltd., £1 shares,189[5], fully paid, no.2, ornate border, blue, very fine

£50-60

Owned 18 acre lease at Broad Arrow, Coolgardie andanother 96 acres 5 miles east of Hannan’s Township,Western Australia

308Hampton Lands & Railway Syndicate, Ltd, a pairof certificates for Ordinary and Deferred £1 shares,189[6], Nos. 457 and 210, blue and brownrespectively, about extremely fine. (2)

£80-100



79

309Londonderry Gold Mine Ltd., 10/- shares, 189[9],no.2581, attractive piece printed by Waterlow & Sonswith vignette of the gold camp at top, very ornateborder, blue, somewhat creased with staining at topedge not affacting the design, seal has in the past beenreinforced from the reverse and now discoloured, goodfine and scarce

£80-100

A familiar story with early gold mines in WesternAustralia. Fantastic ores were found at shallow levelsand the mine was soon valued at a huge amount withshares soaring. On further exploration the ores werefound to be quite isolated and the shares collapsed just asquickly

310Midland Railway Co. of Western Australia Ltd., £1Founders’ shares, 189[1], No.313, vignette of steamengine at top, scrollwork at left, pink, good very fineand rare

£100-150

311Raub Australian Gold Mining Co. Ltd., 2examples, 50 and 100 5 shilling shares, 19 [39], 1brown, I green, both with embossed Singapore andadhesive Malayan revenue stamps, good very fine. (2)

£60-80

NEW ZEALAND

312New Zealand Midland Railway Co. Ltd., a pair ofdebentures for £100 and £500, [1889], Nos. A144and B6, ornate border, pink and green respectively,with coupons, good very fine. (2)

£60-80

313New Zealand Midland Railway Co. Ltd., a pair ofdebentures for £12 10 shillings and £50, 1895, Nos.D226 and E215, mauve and blue, about extremely fine.(2)

£60-80



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CANADA

x314Algoma Central and Hudson Bay RailwayCompany, 5% first mortgage income bond for $60,1931, no.S10245, ornate border, vignette at top ofsteam train, green, with coupons, extremely fine

£80-100

x315Algoma Central and Hudson Bay RailwayCompany, a pair of specimen certificates from theBradbury, Wilkinson & Co. archive for 5% mortgageincome debenture stock, London 1931, slight varietyin printing, ornate border, red, both hole cancelled,both extremely fine. (2)

£100-150

316British Columbia Electric Railway, a group of 3certificates comprising preferred, deferred and 5%cumulative shares, 19[02] - 19[08], red, mauve andblue respectively, very fine to good very fine and allscarce. (3)

£100-150

x317Canada - Atlantic Railway Company, first mortgagebridge 100 year 41⁄2% gold bond for $1000, 1902, aspecimen from the Bradbury, Wilkinson & Co.archive, ornate border, vignette at top of railwaybridge and steam train crossing, orange, with coupons,extremely fine

£150-200



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x318Canadian Northern Railway Company, 3%debenture stock, SPECIMEN, Bradbury Wilkinson &Co Ltd, London, ornate border, vignette at left ofsteam train, blue/green, slight edge damage, otherwiseextremely fine

£80-100

x319Canadian Northern Railway Company, a specimencertificate for 4% debenture stock, 1914, from theBradbury, Wilkinson & Co. archive, ornate border,small vignette at left of a beaver, brown, better thanextremely fine

£80-100

x320Canadian Northern Ontario Railway Company, 4%debenture stock, SPECIMEN, Bradbury Wilkinson &Co Ltd, London, ornate border, vignette at top left ofsteam engine, blue with blue underprint, extremely fine

£80-100

x321Canadian Northern Ontario Railway Company, apair of SPECIMEN certificates, both BradburyWilkinson & Co, London, ornate border and vignetteat left of steam train, one green, one brown, bothextremely fine, the latter with a small tear on right edge.(2)

£150-200



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x322Canadian Northern Western Railway Company,41⁄2% first mortgage debenture stock certificate, aspecimen certificate from the Bradbury, Wilkinson &Co. archive, Montreal, no.1500, ornate border,circular vignette at top left of steam train, green, slightedge damage, otherwise extremely fine

£80-100

x323Chignecto Marine Transport Railway CompanyLtd, 5% mortgage bond for £100, 18[90], no.1685,ornate border, black with pink underprint, withcoupons, damage to right edge, good very fine

£60-80

x324Cobourg Northumberland and Pacific RailwayCompany, $100 share, SPECIMEN, BradburyWilkinson & Co Ltd, London, ornate border, blue,better than extremely fine

£60-80

x325Credit Valley Railway Company, Province ofOntario, Canada, pair of certificates, $1000debentures, Oxford 1873, nos. 161 and 149, bothpunch cancelled, ornate border and small vignette attop of steam train, black, some edge damage andstaining, very fine. (2)

£150-200

326Duluth, Winnipeg & Pacific Railway Co., aspecimen 4% debenture stock certificate, 19- (circa1910), from the Bradbury, Wilkinson & Co. archive,lovely vignette of steam train by busy dockside, blueand black, with counterfoil, perforated SPECIMEN,almost extremely fine

£60-80



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x327Duluth Winnipeg & Pacific Railway Company, 4%first mortgage debenture, SPECIMEN, BradburyWilkinson & Co Ltd, London, [1911], no.3000,annotation at top regarding reprint, ornate border,attractive vignette at top depicting industrial portscene with ships and steam train, small vignette atbottom of mine pithead, blue, better than extremelyfine

£80-100

328Grand Trunk Railway Company of Canada, agroup of 5 certificates, for ordinary stock, 1884,together with, Consolidated Stock, First, Second andThird Preference stocks, dated 1900 to 1920’s, allgood very fine, the first scarce. (5)

£50-60

x329Inverness Railway & Coal Company, a pair ofcertificates, 5% first mortgage gold bond for $500,1902, no.2084, ornate border, vignette at top ofsteam train, green, with coupons; $200 share, 1902,no.1801, ornate border, blue on green underprint,with coupons, both extremely fine (2)

£50-60



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x330Montreal Northern Railway Company, firstmortgage 5% gold bond for $1000, Montreal 1903,no.0071, ornate border, vignette under title depictingsteam train standing at station, green with greenunderprint, with coupons, extremely fine

£150-200

331New Brunswick and Canada Railway and LandCompany Ltd., a small group of 21 certificates forone class C land share, 1857, blue printing byWaterlow & Sons, embossed seal depicting earlylocomotive, extremely fine (21)

£150-200

x332Pacific Great Eastern Railway Company, 41⁄2%debenture stock, London registered, a specimencertificate from the Bradbury, Wilkinson & Co.archive, no.10000, hole cancelled, ornate border,vignette at top left depicting steam train crossingbridge, red with red underprint, extremely fine

£80-100

x333Pacific Great Eastern Railway Company, 41⁄2%

debenture stock, Canada registered, a specimencertificate from the Bradbury, Wilkinson & Co.archive, no.6500, hole cancelled, ornate border,vignette at top left depicting steam train crossingbridge, red with red underprint, extremely fine

£80-100



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x334Port Dover and Lake Huron Railway, Province ofOntario, Canada, $500 debenture, Oxford 187[4],no.163, cancelled, ornate border, small vignette undertitle of steam train, black, heavy folds and small hole incentre, otherwise very fine

£60-80

x335Quebec & Chibougamau Railway Company, 6%Gold bond for $100, 1928, no.165, ornate border,vignette at top of steam train, brown, with coupons,light creasing, otherwise extremely fine

£80-100

x336Saint John & Quebec Railway Company, pair ofcertificates, 4% debenture stock, a specimen certificatefrom the Bradbury, Wilkinson & Co. archive, no.300,Canada registered, ornate border with scrollwork toleft, purple; 4% debenture stock, a specimen certificatefrom the Bradbury, Wilkinson & Co. archives,no.2100, London registered, as before but brown,both extremely fine. (2)

£120-150

x337Shore Line Railway Company, 4% Gold bond for$1000, 1890, no.365, ornate border, small vignetteseither side of title depicting engine stoker to left andbust of female to right, brown with brown underprint,with coupons, extremely fine

£60-80



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x338Toronto, Grey and Bruce Railway Company, firstmortgage bond for £100, Toronto 1884, no.0670,ornate border, small vignettes at top depicting steamtrain at station to right and steamboat to right, blackwith green underprint, with coupons good very fine

£100-120

339Welland Railway Company of Canada, a pair ofproof certificates for 5% first and second debenturestock, undated but circa 1880, printed by Perkins,Bacon & Co., scrollwork at left, black, very fine butwith mount marks on the reverse. (2)

£60-80

x340Winnipeg Electric Railway Company, 41⁄2%debenture stock, SPECIMEN, Bradbury Wilkinson &Co Ltd, London, attractive piece with ornate borderand vignette at top depicting lion in front of plaqueflanked by two allegorical figures with generating plantbehind, blue, light creasing, otherwise extremely fine

£60-80

341Bank of British North America, £50 shares, London185[7], no.138, black printing on orange brownpaper, red endorsement across face, very fine and rare

£150-200



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342Canadian North Pacific Fisheries Ltd., 5% FirstMortgage stock, 19[14], no.1189, vignette of whalebeing landed at top, fishing vessel at left, black, printedby Waterlow & Sons, Ltd., good very fine

£60-80

343Northern Light, Power & Coal Co. Ltd., 1909, agroup of 25 First Mortgage 5% 20-Year Gold Bondsfor $1000 or £205.11s, 1909, large format pieces withlovely vignette of the City of Ottawa depicting river,shipping, factories and mountains in the background,green and black, with coupons, printed by Waterlow& Sons, Ltd., generally extremely fine. (25)

£250-300

344Société Miniére de la Colombie Britannique, 100franc share, Paris 1902, no.06388, ornate border withmining equipment, vignette at top depicting the mineworkings, blue with green underprint, with coupons,light creasing, extremely fine

£60-80

345Terminal Cities of Canada Ltd., a group of 28certificates for $100 shares, five shares (11) and oneshare (17), 1913, allegorical figures and with owl inbackground, ornate border, green & black, Englishembossed duty stamp, all extremely fine. (28)

£80-100



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EUROPE

AUSTRIA-HUNGARY

346Anglo-Hungarian Bank, a group of 9 certificates for100 florin shares, Budapest 1875, black, brownunderprint, text in English, Hungarian and German,with coupons, nearly extremely fine. (9)

£120-150

The Anglo-Hungarian Bank, was founded in 1868 by aconsortium of Austrian and British capitalists with localHungarian investors. Despite a board bristling withillustrious names such as Prince Sapieha, CountSzechenyi and Budapest’s leading private banker,Maurice Wahrmann, the bank made a number of poorinvestments and was wound up in 1879

347Appony-Kovarczer Landwirtschaftliche undSpiritusindustrie AG, 200 Kronen share, No.1776,Appony 1914, large vignette at left of farmer in frontof agricultural scene with traction engine pullingthresher, wheat sheaves and distillery in distance, blackon cream underprint, with coupons, extremely fine

£120-150

348Austro-Orientalischen Handels Aktiengesellschaft,five examples, 200 kronen shares, Vienna 1908, nos.14058, 14417, 14442, 14499 & 14657, attractivepiece with vignettes at top corners depicting StStephen’s Cathedral in Vienna and Hagia Sofia inIstanbul, black with green and red underprint, all withcoupons, generally extremely fine (5)

£60-80

The company was formed in 1908 to promote trade withthe Ottoman Empire. Only 15,000 shares issued

3493 Transport certificates, comprising; BudapestvidekiAutobusz, 200 kroner share, Budapest 1912, brownand green; Neue Wiener Omnibus-Gesellschaft, 100gulden share, Vienna 1872, brown; Király Automobil,200 kroner share, Budapest 1920, black, all good veryfine. (3)

£60-80



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BELGIUM

350Keÿserlÿche Indische Compagnie, certificate for oneshare of 1000 gulden, 1723, number 4262, vignette ofcompany arms at top, black, signatures of fourdirectors, text details first instalment of 250 gulden,with endorsements showing further 3 instalments in1723, 1724 and 1725 making the share fully paid,about extremely fine

£200-250

The company was formed by Flemish businessmen andhad a charter for 30 years trading to the East and WestIndies. The shares were heavily oversubscribed and thecompany’s initial trading was very successful, payingnearly twice the share capital in dividends in its firstyear. The major powers of Europe felt threatened by thecompany’s success and it was forced into liquidationunder the Treaty of Vienna of 1731.

351Keÿserlÿche Indische Compagnie, certificate for oneshare of 1000 gulden, 1723, number 3727, vignette ofcompany arms at top, black, signatures of fourdirectors, text details first instalment of 250 gulden,with endorsements showing further 3 installments in1723, 1724 and 1725 making the share fully paid, tapeat top edge on reverse and light staining, very fine

£200-250

352Soc. Anon. Des Chemins de Fer D’Anvers ÀRotterdam, 10 £10 shares, Brussels 1854, Nos.37961-37970, ornate heading incorporating coats ofarms, text in English, French and Dutch, stampedendorsement to face, blue and orange, small split tofold otherwise good very fine

£60-80



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353S.A des Panoramas de Londres, 100 franc share,Brussels 1879, no.2272, ornate border with coat ofarms at bottom, large vignette at top depicting apanoramic view of London over the Thames, behindan allegorical female figure sitting with globe, cannon,telescope and rifles, red, with coupons, extremely fine

£80-100

In 1879, Victor Jourdain, a broker from Brussels, andhis brother Louis started the Société Anonyme desPanoramas de Londres, whose shares had a nominalvalue of 100 Francs. One year later, under the newname Société General des Panoramas, the shares weretrading at a price of 1300 Francs. This companyspecialised in the financing and production of battlepanoramas.

354A group of Belgian and Belgian Congo certificates(18), comprising Bains Permanents Gretry, 1907 (9);Charbonnages du Val-Benoit, 1857 (3); ProduitsVegetaux du Haut-Kassai, 1898 (2); Soc. BelgeImmobiliere, 1927 (2) and 1928, and, Le JouetLiegeois, 1919, and a small group of BarresCylindriques de Precision, 1970 (17), generally veryfine and better. (35)

£80-100

BULGARIA355City of Varna, 1907 5% Gold Loan, bonds for 500francs and 2500 francs, ornate borders with small coatof arms at top, purple and gold with green underprint;and black and gold with blue underprint, bothextremely fine. (2)

£80-100

CROATIA

356Pucke Trgovinske Banke Dionicko Druötvo USplitu, Split Commercial Bank, 400 kroner share,Split 1922, No.0602, art deco style with nude femaleand male figures to left and right, grey and red onbrown underprint, with coupon, endorsement to face,extremely fine

£120-150

CZECHOSLOVAKIA

357Akciové Továrny Látek KobercovýchAnábytkových Drive Ant. Klazar, 400 kroner share,Viden 1912, No. 8114, large vignette at left of carpetmaker selling to a wealthy female customer with atraditional carpet behind, blue on yellow underprint,with coupons, stamp endorsements to face, extremelyfine

£60-80



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358“Bohemia” Joint Stock Bank, 400 crowns share,No.38778, Prague 1920, large photographic vignetteof Statue of Liberty in centre and panoramic scenes ofNew York and Prague across bottom, Hungarian andAmerican flags at top, brown, green underprint, withcoupons, extremely fine

£60-80

DANZIG

359Danziger Hypothekenbank A-G (Mortgage Bankof Danzig), a group of bonds for £10, £20 and £50,1925, ornate borders, orange, green and mauverespectively, printed in Danzig, with coupons,extremely fine and scarce. (3)

£80-100

DENMARK

360Kongelige 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

£1,000-1,200

The company was founded in May 1778 with a capital of500,000 reichsdaler to trade into the West Indies andtake advantage of the war between the AmericanColonies and Great Britain. The company flourished fora few years paying dividends of up to 40% on a regularbasis and the share value was increased from 100 to 300riksdaler. When the war was over competition grew frommany other trading companies and the companystruggled on until 1785 when most of the capital was lost.Liquidation took place with help from the DanishGovernment who issued 4% bonds to shareholders valuedat 200 riksdaler each in addition to the meagre 60riksdaler in cash that was all that was left for each share.Carl Heinrich Schimmelmann (1724-1782), born inPomerania, started his business career trading goodssuch as coffee and sugar in Dresden, later obtaininglucrative contracts to supply the Prussian Army withvarious goods. He was asked by the King of Denmark forhelp in improving their trade and was appointedSuperintendant of Commerce and created a Baron in1762. He owned several plantations in the West Indiesand a sugar refinery in Copenhagen



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ESTONIA

361Republic of Estonia, 7% Banking and CurrencyReform Loan, 1927, a group of 25 bonds for £100,‘A’ series, large format, city view at top, ornate border,blue and black, printed by Bradbury, Wilkinson &Co., with coupons, mixed condition, fine to very fine.(25)

£300-400

FRANCE

362Royal Loans, Edict of April 1758, 4% RentesHéréditaires, 4 page contract with vellum quittancesewn inside, black, together with Edict of December1759, tontine, 4 page contract with vellum quittanceand receipt sewn inside (Shakespeare 581 and 591),very fine. (2)

£60-80



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363Aeolian Company, 500 franc share, Paris 1924, No.007840, decorative border with several vignettes ofthe company building in New York, pianolas, organs,records and organ rolls, black with orange underprintof many pianolas, with coupons, extremely fine

£60-80

Founded in New York in 1887, the company madeautomated organs and pianos, then in 1900 began tomanufacture pianolas. In 1916 it began to make theVocalion phonograph and also high quality disks asVocalion Records, this sold to Brunswick Records in 1924

363AB. Sirven S.A., 1000 franc share, Toulouse 1921, fineand large vignette of ‘art nouveau’ scene of womanand boy admiring a picture, by the artist Luigi Loir(1845-1916), with his printed signature, smallvignettes of Gutenberg and Sennefelder in topcorners, printed in many shades of orange/brown,with coupons, extremely fine

£60-80

The company were printers in Toulouse and also owneda paper mill, bindery and a factory producing office andart equipment

364Casino et Cercle de Vals-Les-Bains, 100 franc share,Lyon [1899], no.2489, building at bottom, arms attop, blue, with coupons, almost extremely fine

£60-80

365Co. Anglo-Française du Thé Booddah Brand, 100franc preference share, No. 4079. Marseille, c1910,decorative border, underprint of Buddha trade mark,black, orange underprint, with coupons, extremely fine

£60-80



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366Compagnie Generale d’Entrepot Commercial et deTransports (sous la Raison Heim et Cie), a group of4 certificates for 500 franc shares, 1844, numbers2213, 2214, 2215 and 2216, large format, ornateborder, black printing, some staining at top rightcorners, very fine. (4)

£60-80

367Etablissement Thermal de Forges-les-Eaux, 100franc share, No. 0027142, Paris 1921, vignette at topof semi-nude female figures taking the waters at thespring, decorative border, with coupons, grey andorange, good very fine

£60-80

368Grand Casino Municipal de la Ville de Biarritz,100 franc share, 1900, no.3341, vignette of veryimpressive building at top left, lady in bathing suit bythe sea at bottom left, green, with coupons, withendorsements of payments to 1914, about extremelyfine

£60-80

369Grande Imprimerie, 500 franc share, Paris 1881,no.17329, very attractive border depicting variousstages of the printing process, brown on greenunderprint, with coupons, some light folding, good veryfine

£100-120



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370La Participation Sientifique Litteraire &Artistique, ‘part beneficiare’, circa 1880, no.220,attractive design with leaves and scrollwork, blue andorange, signed T. Pory, about extremely fine

£100-120

371Mestre & Blatgé, 100 franc share, Paris 1921,no.44819, very attractive piece with vignette atbottom showing company’s premises, extremelyornate border depicting mechanical parts to top,racing cars on a race track to left, motor car to rightand various flora, green on green underprint, almostextremely fine

£60-80

372Paris Hippodrome Skating Rink Company Ltd, 1pound share, 19[09], no.79, ornate border, vignetteunder title showing posters for the skating rink, blueon blue paper, with coupons, some light creasing, betterthan very fine

£120-150

373Paris Ocean, Ltd., bearer warrant for one share of £5,189[1], no.5461, vignette of sailing ship at top, armsof France and Great Britain at bottom, black, text inEnglish and French, with coupons, about extremelyfine

£60-80

An Anglo-French general shipping company operatingservices between Paris and London, Bordeaux,Cherbourg, Brest and other French ports



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374S.A. André Citroën, pair of certificates comprisingbearer share, Paris 1927, art deco border with imagesof vehicles, underprint of Citroen logo, blue and silver,pin holes; also part share, Paris 19[36], smallunderprint of logo, blue and yellow, good very fine,and very fine. (2)

£60-80

375S.A. Chocolat Morand, a group of 15 certificates forshares of 100 francs, Paris 192[6], ornate border,black with green underprint, all with coupons, allextremely fine. (15)

£60-80

376S.A. Cinéma National Monopole sud-ouest desFilms Pathé Frères, a pair of certificates; 100 francshare and part bénéficiaire au porter, both Bordeaux1907, no.0119 and no.2713, very ornate border withfilm scrolls and theatrical masks, photographicvignettes in each corner and at bottom showingtheatres in Pau, Bordeaux, Toulouse and Montpellier,green and red respectively, both with coupons,extremely fine. (2)

£80-100

377S.A. de Gil Blas, 500 franc share, Paris 1881,No.5897, ornate borders featuring stone pillars andbalcony, entwined with text and headed with a scribeflanked by female figures, the publication with artisticarticles at bottom, black on orange underprint, withcoupons, extremely fine

£80-100

Gil Blas was founded in 1879 and in publication until1914. It was named after Lesage’s novel ‘Gil Blas’ andserialised famous novels before they were published asbooks



97

378S.A. des Bains de Mer et du Casino d’Antibes aJuan-Les-Pins, preference share, Juan-les-Pins191[2], no.535, attractive design with woman holdingflowers, cherubs at her feet, large casino building atbottom right with tree in foreground, mauve with palegreen underprint, with coupons, good very fine

£150-180

379S.A. des Eaux Minerales Naturelles de la “VillaCachat” Evian-Les-Bains, founders share, Lyon1899, no.190, vignette of building at top, ornateborder, black with grey underprint, with coupons,extremely fine and scarce

£100-120

380S.A. des Retorderies et Tissages Méchaniques deSt.Quentin, part bénéficiaire, St.Quentin 1907,no.313, very attractive and colourful piece with artnouveu style border including medals won atexhibitions, coat of arms at top, blue and red, vignettedepicting the company’s factory at bottom, withcoupons, one fold to lower half, almost extremely fine

£60-80

381Soc. Bretonne de Filature et Teinturerie de Laines,500 Franc share, Quimper 1920, No. 04103, lovelyillustration at bottom of traditionally dressed Bretonwoman knitting, in front of a pastoral scene with sheepand town in distance, coat of arms at top, black onyellow, yellow underprint, with coupons, extremelyfine

£80-100

A Breton wool dyeing and spinning company



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382Société Civile de l’Exposition Universelle etPermanente, 500 franc share, Paris 186[2], no.2530,extremely ornate border including columns, cherubsand the World’s fair at bottom, with coupons, veryslight edge damage to top, otherwise extremely fine

£60-80

383Société Concessionnaire de L’Appontement Publicde Pauillac, 500 franc share, Paris 1897, no.1146,attractive piece with ornate border, scenes of docksideand ship detail to left, railway terminus right, brownon green underprint, with coupons, almost extremelyfine

£60-80

384Soc. d’Approvisionnements et de TransportsAutomobiles, SATA, 100 franc share, Saint Etienne[1920], No. 66, lovely illustration of speeding motorcar with sunrise behind at top, decorative border, blueand yellow, with coupons, extremely fine

£120-150

385Soc. Française de Phonographes “La Fauvette”,100 Franc share, No. 2789, Paris [1902], lovelyvignette of the phonograph machine top left beingobserved by “La Fauvette”, a Warbler bird, floraldesign border, green and orange, with coupons,extremely fine

£80-100



99

386Soc des Eaux Minerales de Pardina, 500 francPreference share, Marseille, [1889], allegorical figureat left, ornate border, brown and orange, extremelyfine

£120-150

387Soc. Française du Vêtement, Maison A Godchau,100 Franc share, No.01421, Paris 1905, Art Nouveaustyle design with female figure in flowing robes to leftand right, brown, with coupons, extremely fine

£120-150

388Soc. Générale de Librarie Catholique, 500 francshare, Paris 1886, no.422, attractive piece witharchitectural border with vignettes of Rome and Paris,orange brown and black, with coupons, very fine

£100-120

389Societe Nationale des Stations Thermales pourfavoriser leur Developpement en France, pair ofcertificates for preference share, Paris 191[1],no.5008, and 100 franc share, Paris, 191[1], no.1049,attractive design with woman holding flowers, cherubsat her feet, large casino building at bottom right withtree in foreground, brown with pale green underprint,and black with green underprint, with coupons,extremely fine (2)

£120-150

390Societe Nouvelle des Eaux Minerales Naturelles deVichy, 100 franc share, Paris 1900, no.6325, lovelydesign with vignettes of the source of water, building,bottle of water and lots of scrollwork, with coupons,about extremely fine

£80-100



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391Wauquier & Cie. Sté. Ame., pair of certificatescomprising 500 franc Founder share, Lille 1923,No.07888, decorative border, underprint depictinghydro-electrical equipment, brown, green underprint,with coupons; also 500 franc bearer share, No.012314, as before but green with orange underprint,extremely fine. (2)

£60-80

392An interesting collection of Perfume andPharmaceutical certificates (22), including: CotyInc, certificate for 100 shares, New York 1930,no.58401, ornate border and vignette at top depictingAphrodite goddess of love with a child and dovessurrounding her, blue, hole cancelled; Arys Parfums deLuxe, unissued certificate for 500 francs, no.7371,pretty border with small vignette at top of womansmelling bouquet of flowers also used on Arys perfumebottle labels, blue with grey underprint, with coupons;Parfums Marcel Guerlain, certificate for 100 francs,no.30291, Paris 1927, ornate border, brown onyellow underprint, with coupons; S.A. Francaise deSavonnerie & Parfumerie, 100 franc share, Paris190[5], no.02567, very attractive art nouveu styleborder, red with green underprint, with coupons;Compagnie Francaise des Huileries & Savonneries deTunisie, 100 franc share, Paris 1911, no.3149, ornateborder and very attractive vignette filling bottom ofcertificate depicting Europeans and natives pickingcrops, dark green, with coupons, mixed condition butmany very fine and some extremely fine. (22)

£150-200

GERMANY

3931924 7% German External “Dawes” Loan, $1000bond, no.C083588, Germania at top, ornate border,text in English and German, green and black, pinkishunderprint, with coupons, good very fine and notcancelled

£100-120



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394Conversion Office for German Foreign Debts, 3%Dollar Loan, bond for $1000, 1936, vignette at top,orange and black, together with Rhine-WestphaliaElectric Power Corporation, Direct Mortgage GoldLoan, 1927, bond for $1000, vignette of allegricalfigures, and United Industrial Corporation, 61⁄2% Golddebenture for $1000, 1926, allegorical figures at top,range, all with coupons, the last somehwat tonedotherwise very fine. (3)

£80-100

395Free State of Saxony, 6% Sterling Loan of 1927, apair of bonds for £20 and £100, vignette of allegoricalfigure holding wheatsheaf with industrial scene andrailway in background, orange and blue respectively,with coupons, extremely fine

£80-100

396Free State of Saxony, 6% Sterling Loan of 1927,bond for £100, no.B2840, large format, allegoricalfemale at top, blue and black, printed by Bradbury,Wilkinson & Co., with coupons, good very fine

£60-80



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397City of Dresden, 5% Sterling Loan of 1927, £100bond, Dresden 1927, No. 10549, ornate border,green, with coupons, stain at top, good very fine

£60-80

398A small group of German Railway certificates (4),comprising Niederlansitzer Eisenbahn-Gesellschaft,1000 deutsche mark share, Berlin 1898, no.4373,black on grey underprint; Liegnitz-RawitscherEisenbahn-Gesellschaft, 1000 mark share, Rawitsch1898, no.4200, ornate border, black on greenunerprint; Vereinigte Eisenbahnbau und Betriebs-Gesellschaft, 1000 mark shares, two examples, bothBerlin 1895, no.1925 and no.1960, ornate border,brown on blue underprint, all without coupons, acouple with edge repairs and a couple of stains, generallyvery fine (4)

£100-150

399Actien-Zuker-Fabrik Lehrte, 300 mark share, Lehrte1884, no.0194, ornate border, vignette at top of thesugar factory, yellow and black, with coupons,extremely fine

£120-150

400Anonyme Gesellschaft der Blei, Silber, Kupfer undBink Minen von Bell an der Mosel und Umgegend,500 franc share, 1870, no.1790, text in both Frenchand German, Head office in Besancon, simple borderwith scrollwork at corners, black on blue underprint,with coupons, extremely fine

£100-150



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401Bielefelder Actien- Gesellschaft für MechanischeWeberei, 200 reichsmark share, Bielefeld 1865,no.1206, ornate border including floral scrollwork andfactory to top, black on green underprint, some edgerepairs, fine to very fine

£200-300

Suppes catalogue 2500 euro

402Deutsche Bank, a group of 17 certificates for oneshare of 100 Reichsmark, September 1952, ornateborder, blue, with coupons not cancelled, generallyextremely fine. (17)

£120-150

403Deutsche Bank, a group of 25 certificates for oneshare of 1000 reichsmark, September 1952, ornateborder, brown, with coupons not cancelled, generallyextremely fine. (25)

£150-200

404Dresdner Bank, a group of 25 certificates for oneshare of 100 reichsmark, September 1952, ornateborder, brown and blue, with coupons not cancelled,generally extremely fine. (25)

£150-200

405German Provincial and Communal BanksConsolidated Agricultural Loan, 61⁄2% Gold Loan,1928, a group of 5 bonds for $1000, allegorical figureat top, ornate borders, brown and black, signed by 16participant banks, with coupons, very fine and betterand not cancelled. (5)

£200-300



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406Gesellschaft Breslauer Concerthaus, 500 reichsmarkshare, Breslau 1879, no.158, ornate border in blackand grey, some damp staining to bottom edge otherwisevery fine

£120-150

407Rheinischen Linoleumwerke Bedburg, a group ofcertificates for 1000 reichmark shares, 1898 (10) and1920 (10), all with ornate borders, green, yellow andblack, and brown, yellow and black, all lack coupons,fine to very fine and better. (20)

£200-300

408United Steel Works Corporation, 20-Year 61⁄2%Gold Loan, bond for $500, 1927, together with 25-Year 61⁄2% Gold Loan, bond for $1000, 1926, vignetteof steel works, ornate borders, mauve and orangerespectively, with coupons, very fine. (2)

£60-80



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GREECE

409Kingdom of Greece, 5% Loan of 1884, bond for£20 or 500 francs, no.240337, Greek arms at top,ornate border in classical style, grey and black, withcoupons, very small wear hole in centre but very fineand much better than usual condition for this issue

£60-80

410Greek 5% Loan, 1890, for the Piraeus LarissaRailway, a pair of bonds for £20, no.04049 and £100,no.43216, very large format pieces with Greek arms attop, allegorical females at either side, red-brown andblack with green underprint and olive-green and blackwith grey underprint, text in Greek, English, Germanand French, heavy folds with minor splitting and slightlyragged edges but much better than is usually seen, fine tovery fine. (2)

£80-100

411Piraeus-Athens-Peloponnesus Railway Company,6% first mortgage bonds, 1885, for £100 and £500,860 and 400 issued respectively, Greek arms at top,value in underprint, pink and blue respectively, withcoupons, good very fine. (2)

£60-80

412Soc. Athenienne d’Automobiles “Athena” S.A., agroup of certificates for 1 share 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, adhesive duty stamps, with coupons, aboutextremely fine. (10)

£200-300



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413Soc. Athenienne d’Automobiles “Athena” S.A., agroup of certificates for 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 greenunderprint, adhesive duty stamps, with coupons, aboutextremely fine. (10)

£200-300

414Soc. Athenienne d’Automobiles “Athena” S.A., agroup of certificates for 25 shares of 100 drachma, 2ndissue, 1924, capital 40,000 shares, lovely design withAthena in centre flanked by an open touring car and aSedanca de Ville, green with green underprint,adhesive duty stamps, with coupons, about extremelyfine. (10)

£200-300

415Soc. Hellénique d’Entreprises Maritimes, 100drachma share, No.122375, Piraeus 1916, decorativeborder incorporating vignettes of Triton andAphrodite with hippocamps, Greek flag etc., text inGreek and French, black on green underprint, withcoupons, repaired tear to top edge otherwise almostextremely fine

£60-80

HUNGARY

416Rima Steel Corporation, 7% closed first mortgagegold bond for 1000 dollars, 1925, no.M1240, ornateborder, vignette at top depicting the Iron Works,industrial buildings and steam train passing over aviaduct, orange and black, with coupons, lightcreasing, extremely fine

£60-80



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ITALY

417Opificio Serico de San Leucio (Silk Mill), 500 lireshare, No. 514, Naples 1902, extremely decorativefloral border with vignette of mill at top, reverse isidentical but with coupons in centre, green and pinkwith yellow underprint, extremely fine

£250-300

418Societa Anonima “Il Giorno”, 1 share of 1000 lire,Naples 1905, no.6, rising sun and cityscape at top,ornate border, blue and blue-green, with coupons;together with other Italian certificates (16) includingBanque Italo-Belge, 1949, Provisional Government ofVenice, 1849 and Soc. Gen. delle Strade FerrateRomane, 1860, mixed condition but those mentionedare very fine. (17)

£80-100

419Soc. Italiana Segnalatore Automatico, 100 lireshare, Rome, 1911, large pencil sketch styled vignetteat top of motor vehicle with large illuminatedheadlight signed by Nino Bertoletti, black and grey,with coupons, pin holes, good very fine

£120-150

An automated alarm or signalling device forautomobiles

NETHERLANDS

420Netherlands, Surinam 6% Mortgage Loan, 1793,Alsimo Plantation, bond for 1000 gulden, no.23, aninteresting 4-page document all in Dutch, blackprinting on thick paper, several signatures on insidepage, impressed revenue stamp, worn at folds but aboutvery fine

£150-200



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421Scheldebank, a pair of certificates; 200 Franc shares,No.00601, and no par value, No. 02926, 1923, largeindustrial vignette at top, Neptune with city scene inbackground to left and right, very ornate border withsmaller vignettes, blue and yellow, and bluerespectively, with coupons, both good very fine. (2)

£60-80

422An interesting and varied collection of Netherlandsand Netherlands Indies certificates (157), includesrailways, banks, many plantation companies, minesand a few Government loans, ranging in date from the1880’s through to the 1930’s, virtually no duplication,varied condition but mostly very fine and some better.(157)

£400-500

NORWAY423Norway: A good group of Norwegian shippingcompanies, comprising Dampskibsaktieselskapet‘Ovre’, 100 kroner, Kristiania 1916;Skibsaktieselskapet “Cleantank”, 1000 kroner, Oslo1930, both of these with Company flags at top; Chr.Knudsen’s Rederi A/S, 500 kroner, Frednes 1929,vignette of steam trawler; Aktieselskapet Dampskibet“Boreas”, 200 kroner, Bergen 1926 andDampskibsaktieselskapet Gungner, 500 kroner,Porsgrund 1927, all issued to Dalzell and Nicholson ofLiverpool, with coupons, very fine to extremely fine anda scarce generally low numbered lot. (5)

£250-350

POLAND

424Republic of Poland, 20-Year 6% Dollar Gold Loan,a group of bonds for $50 (10) and $100 (10), Polisharms at top, ornate borders, green and bluerespectively, with coupons, endorsement across face,mixed condition, some cut badly where old couponsremoved, fine to very fine. (20)

£400-500

425Republic of Poland, 20-Year 6% Dollar Gold Loan,a group of bonds for $50 (11) and $100 (11), Polisharms at top, ornate borders, green and bluerespectively, with coupons, endorsement across face,mixed condition, some cut badly where old couponsremoved, fine to very fine. (22)

£400-500



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426Republic of Poland, 7% Stabilisation Loan, 1927,bond for £100, no.14462, ornate border, eagle at top,green and black, printed by Waterlow & Sons, withcoupons, endorsement extending the loan period to1967 in red, good very fine and rare

£100-120

427Mines de Naphte Minerva, certificate for one shareof 1000 Swiss francs, Lucerne 1923, no.876, ornateborder, black on green underprint, lacks coupons,extremely fine

£50-60

428Polish Industrial Mortgage Credit Association, 8%mortgage bond for £100, guaranteed by the state,19[28], no.3931, allegorical female with industrialscenes in background, ornate border, black, printed byWaterlow & Sons, with coupons, about extremely fine

£80-100

429Poland: S.A. Belge-Galicienne des Pétroles, a groupof 500 franc preference shares (5) and dividend shares(5), 1897, attractive piece with vignette of oil well, attop left, underprint map of the region showingKarkau, Lemberg and Degregzin, blue and red-brown,with coupons, extremely fine. (10)

£80-100



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430Poland: A collection of 45 bonds and sharecertificates, includes Kingdom of Poland Loan, 1842;LwowskieTowarzystwo Akcyjne Browarow, 1925;Petroles Grabownica, 1928; A.Piasecki, FabrykaCzekolady, 1933; Chemiczno-Farmaceutycznego‘Magister-Klawe’, 1929; L.Zieleniewski i Fitzner-Gamper, 1938, 2 types and many other interestingpieces, many are very fine and extremely fine. (45)

£300-400

PORTUGAL

431Republica Portugueza 5% Mortgage Bond of1917, 200 escudo bond, Lisbon 19[19], no.95350,attractive piece with ornate border including coat ofarms at top, vignette at top depicting a nativeagricultural scene, red with red underprint, withoutcoupons, some creasing and staining to edges, very fine

£60-80

432C.A. Portuguesa para Exploração de Combustiveis,(C.A.P.E.C.), Type A share for 200 escudos, Porto19[26], No.09054, decorative piece, wide border ofscrollwork with large vignette at top incorporatingmen working underground flanked by more stackingsacks, green and black, with coupons, double page,extremely fine

£80-100

433Co. de Seguros Maritimos e de Fogo, Co. forShipping and Fire Insurance, 1 share for 500 mil Reis,Porto 1839, light folds, good very fine

£150-180



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434Companhia do Caminho de Ferro do Mondego, agroup of 5 certificates for shares of 45 escudos, Lisbon1920, ornate border, black, duty stamp centre top,dividend stamps on reverse, slight discolouration atedges, good very fine. (5)

£100-150

435Co. do Caminho de Ferro de Penafiel á Lixa eaEntre os Rios, 50 escudos share, Penafiel 1915, No.3646, large vignette of allegorical figures with steamtrains either side at top, towns of Penafiel, Felgueiras,Louzada, Entre os Rios, and Lixa noted in ornateborder, with coupons, blue and black with orangeunderprint, about extremely fine

£60-80

436Companhia do Mercado Geral de Gados, 100 milreis share, Lisbon 1895, no.0026, very attractive piecewith vines to left and vignette at top of market place,black on buff, with coupons, slight edge damage, veryfine

£80-100

437Companhia Nacional de Caminhos de Ferro, 575 reis shares, Lisbon 1903, Nos. 61487/61490,large vignette of steam locomotive at top, green andblue, dividends noted at bottom, good very fine

£80-100



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438Companhia Portugueza das Minas de Huelva, 6%bond for 90$000 milreis, 3rd issue, Lisbon 1884,no.4833, of only 2344 issued, large and colourfulpiece with allegorical female flanked by miners andmine buildings, red and green, adhesive stamps onreverse, about extremely fine

£60-80

439Companhia Portuguesa de Turismo, 100 escudoshare, unissued, Ville do Conde 1925, 5 vignetteseither side depicting modes of transport from theSedan chair to the motor car, coats of arms top andbottom in panels with Masonic emblems, blue, creamand red, extremely fine

£200-250



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439ACompanhia Real Promotora da AgriculturaPortugueza, 50 mil reis share, Lisbon 188[6],no.606, large vignette at top depicting variousagricultural scenes, brown, extremely fine

£60-80

440Companhia Tanoaria a Vapor de Villa Nova deGaya, 100 reis share, Porto 187[7], no.31, vignette ofsteam operated barrel factory top centre, black, aboutextremely fine and scarce

£60-80

441Companhia Transmontana, Caminho de FerroAmericano entre a Regoa e Villa Real, an Americanrailway between Regoa and Villa Real, 100 mil Reisshare, Porto 1875, large vignette of railway car at top,scrollwork denoting towns included on the line atcorners, extremely fine

£60-80

442Companhia Transmontana, certificate for 1 share of100$000 reis, Porto 1875, no.1548, attractivevignette of American style tramcar, black, 4 pages,extremely fine

£60-80



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443Empreza Tauromachia Lisbonenese, 50 reis share,unissued, Lisbon 189[-], decorative heading featuringa bull’s head wreathed with flowers, swords, andspears, large vignettes to left and right of a matador inthe bull ring acknowledging the crowd and bulls beingherded in the wild, blue and pink, extremely fine

£150-180

444Extremadura Companhia de Seguros, 5 shares of250 escudos, Leiria 1919, Nos. 5756/5760, ArtNouveau style design, vignettes top left and right ofbearded face linked by a floral swag, smaller stylisedillustration of company title in black and goldsuspended from the swag, columns to sides,silhouetted image in signature panel at bottom, bluegreen and cream, good very fine

£200-250



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445Lisbon Steam Tramways Co. Ltd., a group of 20mortgage debentures for £100, 1873, large formatpieces with ornate border, heavy scrollwork at left,black, with coupons, printed by Waterlow & Sons,generally extremely fine. (20)

£150-200

446Sociedade do Teatro de S.João Porto, 100 escudoshare, Porto 1913, no.1084, ornate border and smallvignette at top left corner of the Theatre, somecreasing, very fine

£80-100

446AA small varied collection of Portugese certificates,comprising; Companhia dos Caminhos de FerroPortuguezes, 90 mil reis share, 1889, no.21068, withcoupons; Banco Industrial Português, 100 escudoshare, 1923, no.52990, vignette at top depictinggoddess carryng a torch, Mercury and another femalefigure; Banco Colonial Portuguez, 100 escudo share,1918, no.21243; Companhia de MineraçãoTranstagana, 18[64], no.876; Cooperativa dosEmpregados das Companhias Reunidas de Gáz eElectricidade, certificate for two 100 escudo shares,1932, no.57291 & 57300; Companhia de SegurosLuso-Fluminense, 20 escudo share, 191[8], no.18799; The Match and Tobacco Timber SupplyCompany, 10 pound share, nos. 229861 & 229870,with coupons, mixed condition, generally very fine.(10)

£80-100

ROUMANIA

447Royal Roumanian Government, a specimenTreasury Bill for £500,000 issued by the Bank ofEngland, 21st January 1915, repayable by 1916,scrollwork and coats of arms at left and right, black onbank of England watermarked paper, hole cancels oversignature area, CANCELLED in red across face, aboutextremely fine

£600-800

This method of payment was mostly used to repaycontracts for trade and the supply of goods and services.Although Roumania did not enter the War until 1916there were considerable pressure upon it to join the alliesas early as 1915. It may be that funds were lent to theGovernment for the improvement of its somewhatoutdated armed services but that is only speculation



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448Societatea de Basalt Artificial si de Ceramica de laCotroceni, 250 lei share, Bucarest 188[6], no.004728, text in Romanian and French, attractiveillustration of architectural tiled structure, vignette atbottom depicting ceramic works, red on buffunderprint, with coupons, light creasing, very fine

£50-60

449A pair of Roumanian certificates 5% Union Loanof 1919, 500 lei, No. 139069, Bucharest, veryattractive certificate, agricultural scene with traditionalfemale figure at bottom, decorative border, black withorange underprint, fragile paper; also Institutului decredit si de economii “Albina”, “Bee” Credit &Savings Co., 500 lei share, No. 26189, Sibiiu 1922,decorative border incorporating vignette of bee at top,agricultural and manufacturing workers to left andright, embossed company seal at bottom depicting beehive, blue on orange underprint, both extremely fine(2)

£60-80



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KINGDOM OF THE SERBS, CROATS AND SLOVENES

SPAIN


451Real Compania de San Fernando de Sevilla, certificate for one share, 1749, no.2522, a classic design, in large format,printed in black on vellum, view of the Port and City of Seville, Neptune, sailing ship and much more, intricate paper seal,unusually complete, clear margins all round and a very strong print, but with small ink stain at extreme left edge, almostextremely fine

£2,000-2,500

Formed in 1747 to trade with all the ports of South America except Caracas and Havana. Failed in the 1780’s

450Kingdom of the Serbs, Croàtes and Slovenes, 4%Loan, bond for 100 dinar, Belgrade 1921, extremelyattractive bond with a large multicoloured illustrationdepicting agricultural and traditional scenes, withcoupons, almost extremely fine

£60-80

The loan was issued to liquidate the debts of BosniaHerzegovina


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452Real Compañia de Filipinas, No. 13574, 1785, 250pesos, extremely attractive piece featuring amonument in the centre, lion and Cornucopia at topwith coat of arms, elephant to left, allegorical figures atbottom, sail boat to right, good extremely fine

£600-800

The company was established by royal decree in 1785 topromote trade between the Philippines and Spain, and toexploit the island’s natural resources. The King andmany major banks were shareholders in the company andit later absorbed the Barcelona Company. Frictionbetween England and Spain later resulted in poortrading and it was abolished in 1834

453Asociación Mercantil Espanola, share of no parvalue, Barcelona 19[-], unissued, lamp within headingshining light over large vignette at left of variousmercantile supplies, with ship and steam train inbackground, brown and yellow, good very fine

£60-80

454Compañia General Anónima de Aguas deBarcelona, 250 peseta share, Barcelona 1881,no.8118, attractive piece with ornate border ofpipework linking small vignettes, large vignette at topdepicting the water treatment plant and plans, greenand orange, slight edge damage, otherwise extremely fine

£100-120



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455Co. Minera de Sierra Alhamilla, 1000 peseta shares,A series, Bilbao 19[09], Nos. 2352/2362, largevignette at top of cargo ship receiving goods from themine via a metal bridge construction, black, good veryfine

£60-80

456“Colón” Compañia Transaerea Española, a groupof 19 certificates for 250 peseta bonds, series A,Madrid 1928, large airship at top, ornate border,green with orange underprint, some with coupons andsome with coupons removed, generally extremely fine.(19)

£150-200

457Compañia de Los Ferrocarriles Económicos deVillena á Alcoy y Yecla, a group of 20 certificates forshares of 475 pesetas, Barcelona 1902, an attractivepiece with vignette depicting winged female allegorywith coats of arms beneath, steam train at bottomright, blue and pink, all with coupons, all extremelyfine. (20)

£100-150



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458El Monte Carmelo Construcciones y OtrosNegocios, 500 peseta share, Series B, No. 0343,Santander 1910, vignette of building at bottom right,St Carmen top left, floral border, brown, red and blueon yellow underprint, extremely fine

£120-150

459Empresa Hidrofórica, 369.50 Peseta share, Reus1907, No. 149, large vignette of the water installationshowing the water flowing from the river into channelsin a tree lined gardens with fountains and then againonto a water wheel, black, good very fine

£120-150

460Hilaturas Navarro - Cabedo S.A., 1000 Pesetasshare, Series B, Valencia 1927, unissued, a large andstriking piece with golden spiders’ web in centre,numerous partially robed figures at either side, bulland horse, signed Marco-Perez, gold, brown andgreen, stamped cancelled, with coupons, extremely fine

£300-350

461La Constancia Canal O Gran Acueducto Cubierto,certificate for 1000 escudo share, Villanueva y Geltrú1872, no.392, very ornate border incorporating smallvignettes depicting the Spanish town, black, slight edgedamage, good very fine

£80-100

The company was formed to finance the town’s watersupply by a covered aqueduct



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462Industrias del Cuero Armado, 500 peseta share,Barcelona 1946, no.5203, extremely attractive piecewith large illustration signed by J. Camins depicting anallegorical figure surrounded by floral scrollwork,holding a laurel wreath towards a globe, sun andmoon bound together, blue with green underprintvignette, without coupons, extremely fine

£50-60

463Industria Española de Perlas Imitación, 500 pesetashare, Manacor 1941, no.5421, extremely attractivepiece with large vignette at top depicting an archwaydraped with pearls, female figure to left offering pearlsto two further female figures at top, male figure toright who appears to be making the pearls, blue withgreen underprint, with coupons (some removed),rough edge where coupons removed, otherwise extremelyfine

£60-80

464Palacio de Hielo y Automovil de Madrid S.A., pairof certificates for 500 peseta share and dividend share,Madrid 1921, numbers 305 and 333 respectively,both with vignette of large building at top, ornaeborders, dark blue with pink underprint and dark bluewith yellow underprint, with coupons, extremely fine.(2)

£60-80



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465Productos Selectos del Cerdos S.A., 500 pesetapreference share, Manlleu 1944, No.4594, very ornatedesign comprising figures at left and right holdingaloft baskets of pork products, pig grazing at feet,green, red and brown, extremely fine

£60-80

466S.A. Electrica Vitoriana, three certificates comprising250 peseta ordinary share, and 250 peseta preferenceshare, Vitoria 1910, no.1465 and no.1752, 500 pesetabearer bond, Vitoria 1900, no.0182, very attractivepieces with ornate borders, vignette at top of lightbulb and underprint vignette of electrical generator,various colours, all about extremely fine. (3)

£60-80

467Juan Miro, S.A., 500 peseta share, Barcelona 1949,no.055, attractive piece with a modern designdepicting a train and other modes of transportationover a globe, aeroplane and ship at bottom left, green,orange and metallic gold, good extremely fine

£100-120



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468S.A. Goya Grabados, pair of certificates comprisingpart founder share for 500 pesetas, Madrid 1940,no.08276, ornate border, vignette at top depicting aportrait of Goya flanked by two allegorical figures,green and pink, also beautiful vignette on reversedepicting goddess of plenty in green and brown, withcoupons; 500 peseta ordinary share, no.00266, asbefore but purple and yellow, reverse vignette in blueand brown, both extremely fine. (2)

£60-80

469Sociedad Azucarera Larios S.A., 5000 Peseta share,Malaga 1936, No. 971, vignette at top of allegoricalfigure in front of sugar factory, sugar canes to left andright, ornate border, grey and green, with coupons,extremely fine

£80-100



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470Sociedad Minera Catalana Valenciana, 500 pesetashare, Barcelona 1909, no.125, ornate border,vignette at top depicting allegorical females at minelocation with equipment, smaller to right of miningcart and to left of spades, axes and mining lamp, withcoupons, some light foxing and creasing, very fine;,together with Minas de Entrambasaguas, 1000peseta share, Santander 1900, no.0037, attractivepiece with scrolled ribbon being carried by a bird,black, very light foxing otherwise extremely fine. (2)

£60-80

471Société des Mines de Cabo de Palos, a group of 11certificates for one share of 100 francs, Paris 1907,attractive pieces with vignettes of coal drillingapparatus, tools and loaded wagons, green with yellowunderprint, with all coupons, extremely fine and better.(11)

£120-150

SWITZERLAND

472Soc. Des Charbonnages des Alpes, 250 franc share,No. 2427, Geneva 1902, decorative borderincorporating vignettes of male and female coalminers, coat of arms at top, mining equipment atbottom, blue with light blue underprint of alpinescene, text in French and Italian, with coupons, goodvery fine

£60-80



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UNITED KINGDOM & IRELAND

473Prince Charles’ Treasury, a manuscript request for aloan of £58 from Prince Charles’ Treasury from SirRobert Carey, 1619, for men in his service, signed byCarey, folio, foxing, very fine

£1,800-2,000

Carey was renowned for his military involvement; heserved under Robert Dudley, was deployed in a NavalSquadron against the Spanish Armada and latersupported Henry IV in the Seige of Rouen. He is mostfamous for his epic ride to Scotland’s Palace ofHolyroodhouse, on the death of Elizabeth I, to adviseKing James that he was now King of England. He wasmade Earl of Monmouth in 1625

474Consolidated 3% Annuities, power of attorney,178[8], whereby Lord Hawke and an associateauthorise two gentlemen to deal with all transfers oftheir holdings in the above stock, folio, black, on Bankof England watermarked paper, impressed revenuestamps but no signatures to the document; togetherwith other certificates and documents (7), generallyvery fine. (8)

£60-80

475Tontine Annuity 1789, 2nd Class, a vellumcertificate for £100 and 5 shillings, 1790, in the nameof the Dorothy Durett Foster, paying an annualannuity of £4 5/6d- with the benefit of survivorship,black printing, on vellum, with receipts to 1831, someon attached vellum sheets sewn at the base, creased,fine and very rare

£250-300

476Consolidated £3 per cent Annuities, a group of 4inscribed stock certificates, 179[7] (2 examples,179[8] and 179[1800], black printing, one is completebut 3 have a corner removed from spiking as usual,together with later examples dated 180[2], black and181[5], black and red, both with corners damaged fromspiking, generally very fine. (6)

£100-150



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477Bank of England: First Subscription to the Bank, 1694, a pair of documents for a subscription of £500 made by SirRalph Radcliffe (1633-1720) for his wife, the first dated June 1694 when the Government were raising funds to create thebank, the second dated September 1694, just after the Bank had been formed, for the second payment of £125, both folio,4 pages, black printing, very fine and extremely rare. (2)

£15,000-20,000

It started, as so often, with war. Much of the attraction to William III of the offer of the throne of England was that he couldthereby mobilise our forces against the French in defence of Holland. Accordingly Britain was embroiled in a European war ona scale hitherto unknown. As a result, annual expenditure escalated from perhaps £1.4m. to £4.0m. with income a little over£1.0m. Prior to William’s accession the constitutional theory had been that “the King shall live of his own”, that is Parliamentmight vote annual taxes or duties for the nation’s upkeep, but any inadequacy, in particular most types of borrowing, was amatter for the King. As he could not be sued and, in theory, his debts died with him, his credit rating was poor and the nation’sfinances difficult to manage. The beginnings of goldsmith banking, so much involved with advances to the State, owed much toinvestors’ belief that depositing monies with the bankers for onward transmission was a better credit risk than direct investmentat the Exchequer. Such deposits were usually to be repaid “in course”, that is they would be secured on an annual tax or dutyand repaid, with interest, as the resulting revenue came to hand. The offer to William had included the condition Parliamentwould take over control of most types of borrowing. It may have taken on the task with some misgiving. For a nation whichhabitually ran a current account deficit, the “in course” system could no longer cope. So the new government of the GloriousRevolution of 1688 had to experiment with schemes of longer term borrowing. The first, in 1693, was to raise £1.0m. by way of



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a tontine. It was unsuccessful, a little more than £100,000 being taken up. The following year saw numerous novel ways ofraising money, including the first Exchequer Bills, loans from the East India Company, the first State lottery (which spawnedthe Million Bank, which was not a bank at all), issues of life annuities - and the founding of the Bank of England. The fivesignatories on the larger receipt - Sir John Houblon, Sir Henry Furnese, Sir Theodore Janssen, Abraham Houblon and Sir JamesBateman signed in their capacities as Commissioners appointed under the Great Seal of England to take the subscriptions, buttheir greater significance is their subsequent election as directors. The first Board contained three Houblon brothers, merchantswhose grandfather had fled France at the time of the Alva persecutions. Sir John became the Bank’s first Governor, and thepresent Threadneedle St. building includes the site of his one time house. Furnese was a trader in point lace. Janssen andBateman (a later Bank Governor), both immigrants from the Continent, later made the mistake of deserting the Bank infavour of the South Sea Company. Bateman was the first sub Governor there but died before the years of the bubble: Janssen,despite his reputation for honesty remained to be fined over £200,000. Maddocks, who signs the smaller receipt was at that timethe junior of the initial cashers, although he was soon to became Chief Cashier and his autograph is much sought after as asignatory on the first banknotes. The £1.2m. capital raised was to be lent wholly to the Government at 8%p.a, the interest to befinanced by levying a duty “upon the Tunnage of ships and vessels” and thus the Bank became the Tunnage bank to its detractors.In return for the loan, the Bank was to be granted a charter and the right to issue £1.2m. of banknotes, secured only on thatloan. Chancellor of the Exchequer, fearful of failure, provided for a further £300,000 to be raised in the form of annuities, whichis why the Act refers to £1.5m. He need not have worried, subscription for the Bank taken at the Mercers’ Chapel, filled in 12days. It had opened on June 21 1694, the Queen applying for £10,000. The first Radcliff subscription receipt here illustrated isdated the following day. The Charter, and therefore the actual commencement of the Bank, was not sealed until 27th July: It isunlikely that another opportunity will occur to acquire a document dated at the very dawn of the Bank


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Canals

478Canterbury Navigation & Sandwich Harbour, £25share, . 182[6], No. 1218, lovely vignette of Cathedralwith Coats of arms in foreground, black, water stain,otherwise good very fine

£200-250

479Thames and Severn Canal Navigation, loan forundetermined amount and interest, payable twiceyearly, unissued, 17- (circa 1785), small vignettes topleft and right of canal bridges, large format, blackprinting, on vellum, extremely fine

£120-150

480Wey and Arun Junction Canal Co., one share,18[31], No.901, vignette of company seal at top,embossed paper seal, black, extremely fine

£200-300

Railways

481Ayrshire and Galloway Railway, provisionalcertificate for 5 shares of £25, deposit £2 10s, undatedbut circa 1844, no.304, scrollwork at left, black ongrey paper, handwritten endorsement ‘registered’across face, good very fine

£60-80



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482Derbyshire, Staffordshire & WorcestershireJunction Railway Co., certificate for one share,18[47], no.1845, scrollwork at left, black, attractivewatermarked paper, embossed seal, good very fine

£60-80

483Fleetwood, Preston & West Riding JunctionRailway Co., £12 share, 1846, No. 7682, smallvignette at top incorporating coat of arms over apastoral scene with steam train, decorative scrollworkat left, black, brown underprint and red embossedcompany seal, about extremely fine

£60-80

484Great North of England, Clarence and HartlepoolJunction Railway Company, £20 share, 185[2],no.1, together with Tees Valley Railway Company,£25 share, 1866, no.1219, both better than extremelyfine

£60-80

485Guernsey Railway Co., pair of certificates for £1ordinary shares, 19[48], black and £5 preferenceshares, 19[46], red, red seal, both have tears through thecompany seals which have been repaired on the reverse,very fine. (2)

£60-80



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486Kent Railway Company, certificate for 5 shares of£50, London 1836, no.3011-3015, scrollwork at left,on very fine paper, black, light creasing, otherwiseextremely fine

£150-180

487Leeds and Thirsk Railway Company, 50 poundshare, 184[6], no.26012, small vignette under title ofcountryside scene, blue, slight mark at top right,otherwise extremely fine

£100-120

488London, Brighton, and South Coast Railway, £50Preferential 5% share, 1847, No. 2887, scrollwork atleft, black, extremely fine

£60-80

489Mid-Suffolk Light Railway Co., £10 Preferenceshares, 19[03], No. 1077, scrollwork at left and top,printed by Waterlow Bros., decorative border, red,centre fold, good very fine

£150-180

A 19 mile line between Haughley Junction andLaxfield. One of the last railways to be constructed inEngland, open to passengers in 1908, taken over byL.N.E.R. in 1924

490Middlesbrough & Guisbrough Railway Company,25 pound share, 1857, no.220, vignette in centredepicting the railway running through countrysidescene, black, corner cut cancelled, better than extremelyfine

£300-400



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491Neath and Brecon Railway Company, perpetual 5%preference share of £10, 1866, no.12362, scrollworkat left, black, green underprint, embossed seal,extremely fine

£60-80

492Northern Counties Union Railway Company, agroup of 8 certificates for one share, 1846, blackprinting with attractive embossed seals, extremely fine.(8)

£80-100

493Shrewsbury and Hereford Railway Co., £20 share,1846, no.24783, vignette of Ludlow Castle,scrollwork left, black, embossed seal, about extremelyfine

£80-100

494South Durham and Lancashire Union Railway,£25 share, 185[7], no.9931, attractive black printing,embossed seal depicts sailing ship, slight damage to topedge otherwise good very fine

£60-80

495Stockton & Darlington Railway Company, class Apreferential 5% shares of £25, 1858, no.6599, largevignette of steam train crossing bridge over canal, millsin background, black on pink paper, good very fine

£300-400

496Witney Railway Company, £10 share, 18[60],no.420, scrollwork at left, black, embossed seal,extremely fine and scarce

£60-80



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497York and Carlisle and Durham, Westmorland &Lancashire Junction Railway Co., provisionalcertificate for 5 shares of £50, deposit £2 15s, undatedbut circa 1844, no.1249, scrollwork at left, blue, goodvery fine

£60-80

Shipping and Marine

498All Seas Marine & Salvage Co. Ltd., £1 shares,19[19], No. 6, vignette of Neptune with shipping inbackground at top, ornate border, blue and black,large punch holes to edges, split on centre fold, edge nicks,very fine

£50-60

499European & American Steam Shipping CompanyLtd., a group of certificates (10) for £9 6% preferenceshares, 1857, black on buff paper, embossed seal atbottom right, slight discolouration, otherwise allextremely fine. (10)

£60-80

500Norse King Steamship Co. Ltd., a proof certificatefor £10 ordinary shares, 189-, printed in black on thickcard, vignette of Norwegian arms at left; together with3 other proof certificates for shipping companies,comprising Sutherland Steamship Co. Ltd., £5 shares,189-; Taylor & Sanderson Steam Shipping Co. Ltd.,circa 1899 and British and African Steam NavigationCo. Ltd., 19- (circa 1900), the first with tear at bottomright otherwise very fine to extremely fine. (4)

£80-100

501Rodney Steamship Company Ltd., a group of 11certificates for shares of £1, 19[37] to 19[45], ornateborder, red, counterfoils re-glued at left, very fine toextremely fine. (11)

£60-80



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502Thames Iron Works, Shipbuilding andEngineering Co. Ltd., £100 debenture, 1899,No.811, vignette at top of allegorical figures by anvilwith shipping in background, very ornate border,mauve, good very fine, together with £100 share,186[4], No.2980, vignette in scrollwork at left ofsailing ship, embossed seal, black, stain, very fine (2)

£80-100

Motor Cars and Road Transport

503British Motor Co. Ltd., 4% debenture for £4, 1897,no.1952, very large format piece with ornate border,brown, pale blue underprint, with coupons, very fineand rare

£80-100

A reconstruction of the British Motor Syndicate, stillcontrolled by Lawson, and still acquiring numerousforeign motor patents

504Metropolitan Saloon Omnibus Company Ltd, 1pound share, 185[7], no.1280, small vignette at top ofcrowded horse drawn omnibus, scrollwork at left,attractive embossed seal, black, spike hole top leftotherwise extremely fine

£80-100



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Aviation

505Whitehead Aircraft (1917) Ltd., £1 ordinary share,19[18], no.2371, vignette of airfield and hangars incentre flanked by biplanes, scrollwork at left withcompany seal depicting biplane, green and black withgreen underprint of airplane, very fine

£120-150

505AWhitehead Aircraft (1917) Ltd., 1/- deferred share,19[18], no.282, vignette of airfield and hangars incentre flanked by biplanes, scrollwork at left withcompany seal depicting biplane, yellow and black withyellow underprint of airplane, very fine

£120-150

Banks and Financial

506Adelphi Bank Ltd., a group of certificates for oneshare of £20 (15), 1863, Liver bird in shield at top,scrollwork left, black, stamped CANCELLED, mostly veryfine and better. (15)

£100-120

Taken over by Lancashire & Yorkshire Bank in 1899,which is now part of Barclays Bank

507Amicable Society for a Perpetual Assurance, a jointstock contribution of £1 7 shillings, [1723], for onequarterly payment, black on buff, company seal at left,manuscript annotations, small format, light folds andink stains, good very fine

£60-80

The society collected a flat annual contribution and anyprofit at year end was distributed amongst relatives ofthose insured who had died during the year



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508Helston Banking Company, a proof certificate for£100 shares, 183-, printed by Perkins, Bacon & Petch,coat of arms at left, monogram within wreath top left,black printing on thin card, some discolouration andstaining, mount marks on reverse, very fine

£60-80

Formed in 1836 and acquired by Bolitho, Sons & Co.,Mount’s Bay bank in 1878 which was eventually itselfabsorbed into Barclays

509Kent Fire Insurance Office, one share of £50,Maidstone 1802, no.1043, attractive piece withkentish horse at top flanked by various firemen, blackprinting, on vellum, good very fine and scarce

£300-400

510Liverpool Colquitt Street Tontine, a pair ofcertificates for one share, no.22, 180[7] and no.108,[1827], the first is printed in black on vellum as usual,the second is entirely handwritten, also on vellum andat a much later date, probably because the supply ofprinted forms was exhaused, both cancelled, very fine.(2)

£100-120

511A pair of certificates for Midland Bank Ltd, 2pounds 10 shilling share, 19[36], no.47736, ornateborder and scrollwork to left, corner cut cancelled,blue; 1 pound share, no.239714, as before but brown,both have a tear to top edge, very fine

£60-80



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512Whittington Life Assurance Company, a pair ofcertificates, 10 pound shares, one dated 1870,no.5646-5650, the second dated 18[84], no.126-130, company address different on each, both havescrollwork at left, black very light folds, both extremelyfine. (2)

£60-80

Acquired by the National Life Assurance Co. in 1884

513A collection of British banking certificatescomprising bank stock (Bank of England), 1929;Barclays bank (Dominion, Colonial and Overseas), 4types, 1947, 1951, 1955 and 1968; Chartered Bank.1961; Commercial Bank of London Ltd., 1920,facsimile signature of Clarence Hatry, optioncertificate, 1920; Hambros Bank Ltd., 1947 and1968; Lombard Banking Ltd., 1959; London &Continental Bank 1902; London & Westminster BankLtd., 1883; Martins Bank Ltd., 1959 and 1966;National Bank Ltd., 1950, 1962, 1963; NationalProvincial Bank Ltd., 1959 and 1961, andWestminster Bank Ltd., 1962 and 1964, useful lot,very fine and better. (22)

£100-150

514An interesting group of Building Societycertificates comprising, Ancient Britons Benefit BS,1841; “Bee” Permanent Benefit Mutual BS, 1885;Citizens’ permanent BS, Brighton, 1926 and 1930;City Charter Permanent BS, 1924; Lancashire &Cheshire Permanent BS, 1930; Liberator PermanentBenefit BS, 2 share certificates and 2 depositcertificates, 1891 and 1898; Nineteenth Century BS,1930 and 1935, and Wellington Permanent BS, 1882and 1886, an interesting lot in fine to very finecondition. (14)

£120-140

Commercial & Industrial515Aylesbury Brewery Company Ltd, a large group ofcertificates (56), £10 shares, various quantities,[1907], scrollwork at left, ornate border, black, allstamp cancelled, varying condition, generally very fineto extremely fine. (56)

£300-400

516Beaconsfield Club, 66 Pall Mall, London, a groupof 60 debentures for £100, 1883, large format pieceswith ornate border, black, with coupons, extremelyfine. (60)

£200-300

This Conservative gentleman’s club, named in honour ofBenjamin Disraeli, Lord Beaconsfield, was opened in1880 and closed in 1887, failing to attract themembership hoped for

517Border Counties Steam Cultivation Co. Ltd., £10share, 18[73], No. 382, scrollwork at left, black ongreen paper, small edge tear at bottom otherwiseextremely fine

£60-80

Operated steam ploughs on the larger farms inWestmoreland



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518British Aluminium Co. Ltd., a pair of specimensfrom the Bradbury, Wilkinson & Co. archive, £100Prior Lien debenture, 19- (annotation for 1910), and£100 Prior Lien debenture, 19- (1925), vignette ofKinlochleven works at top, American style, ornateborders, green and black and blue with pinkunderprint, without coupons, the second withcoupons and with red Bradbury specimen seal,extremely fine. (2)

£80-100

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

519Canal Mills Company Ltd., a group of 29 mortgagedebentures for £100, 1890, black on grey paper, allextremely fine. (29)

£100-120

Cotton spinners and manufacturers at Clayton-le-Moors, Lancashire with 39,000 spindles in operation



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520Chubb & Sons Lock & Safe Company Ltd., a set of debentures, all number 1, comprising 41⁄2%,1890, £100, mauve on pink paper; Second Mortgage 4%, 189[6], £100, black on blue paper; 4%,1899, £100, mauve on pink paper, and, 41⁄2% Second Mortgage, 1901, £100, green on green paper,all with signatures of various members of the Chubb family, all with ornate border and with originalwrappers, together with two original leases, one from the Waldorf Hotel in Aldwych, London leasinga shop and basement to the company in 1923 and another dated 1928 leasing another shop andbasement in St. James’s Street, London, the debentures all have two filing holes and handwritten‘cancelled’ across face, generally very fine. (10)

£80-100

Charles Chubb started business in 1818 following the award of a patent of the now famous Chubb DetectorLock to his brother Jeremiah. A shop was opened in 1827 in the City of London but manufacturing wasdone in a small factory in Wolverhampton. The first safes were made by the company in the 1830’s andwere manufactured in London whilst the lock manufactury was still in the Midlands.

Incorporated as Chubb and Son Lock & Safe Co. Ltd. In 1882 under the Chairmanship of George HayterChubb, later Lord Hayter, and formed many subsidiary companies for trading in Australia, South Africa,India and Canada. The company grew and later moved to a 6 storey specially built factory on the site ofthe old Wolverhampton Workhouse in 1899 but some manufacturing was still undertaken in London.

This series of debentures were issued to fund some of the factory moves and consolidation of manufacturing,which had become fragmented, to the Wolverhampton area. They were all paid in due time andsubsequently cancelled and returned to the company secretary. On offer here are the entire issues of thecompany.

This company is probably the best known in the world in the Lock and Safe business and during its lifetimehas absorbed many other companies such as Milner and Chatwood. Became part of the Racal Group in1984, splitting again in 1992 as Chubb Security plc. Merged into Williams Holdings in 1997 but againdemerged as Chubb plc in 2000.



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521Chubb & Son’s Lock and Safe Co. Ltd., a group of96 41⁄2% mortgage debentures, 1890, numbered 5through 100, 2, 3 and 4 removed and retained bythe vendor, ornate border, mauve on pink paper,handwritten ‘cancelled’ across face, all signed byvarious members of the Chubb family as directors andthere are many interesting names repesented asdebenture holders, generally very fine and better. (96)

£300-400

522Chubb & Son’s Lock and Safe Co. Ltd., a group of46 4% second mortgage debentures, 189[6],numbered 2 through 50, three removed andretained by the vendor, ornate border, black on bluepaper, handwritten ‘cancelled’ across face, all signedby various members of the Chubb family as directorsand there are many interesting names repesented asdebenture holders, generally very fine and better. (46)

£200-300

523Chubb & Son’s Lock and Safe Co. Ltd., a group of346 4% debentures, 1899, numbered 2 through350, three removed and retained by the vendor,ornate border, mauve on pink paper, handwritten‘cancelled’ across face, all signed by various membersof the Chubb family as directors and there are manyinteresting names repesented as debenture holders,generally very fine and better. (346)

£600-800

524Chubb & Son’s Lock and Safe Co. Ltd., a group of146 41⁄2% second debentures, 1901, numbered 2through 150, three removed and retained by thevendor, ornate border, green on blue-green paper,handwritten ‘cancelled’ across face, all signed byvarious members of the Chubb family as directors andthere are many interesting names repesented asdebenture holders, generally very fine and better. (146)

£300-400



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525Continental and Colonial Explosives Ltd,certificate for five £1 shares, London 191[2],no.06314, ornate border, brown, with coupons,extremely fine

£60-80

526Daniell & Sons’ Breweries Ltd., a group of twentycertificates, 5% mortgage debentures for £100, 1892,ornate border, black, stamp cancelled, all extremelyfine. (20)

£150-200

Thomas Daniell & Sons, West Bergholt Brewery wasmerged with Daniell Brothers & Co of Colchester in1887 to form Daniell & Sons’ Breweries Ltd. Acquiredby Truman Hanbury and Buxton & Co in 1958 whoimmediately ceased brewing. The brewery was convertedto residential use in 1989

527European Gas Company Ltd., £10 share, London18[86], no.8384, French on reverse, ornate border,small vignette at top of allegorical figure in front ofbuilding with columns and factory, purple with greenunderprint, printed by Waterlow & Sons, very fine

£60-80

528The Farmers & Cleveland Dairies Company Ltd., agroup of 21 certificates for shares of £1, 19[03]-19[28], scrollwork to left, black, embossed seal atbottom left, two slight printing varieties, very fine toextremely fine. (21)

£60-80

529Glasgow Improvement Company, 1834, a lotteryticket described as “a share in the Capital Stock of theGlasgow Improvement Co.”, for 1⁄16th of a share, No.B5413, small format, black with red company seal,centre fold and light foxing, very fine

£80-100

Created to avoid the Act of Parliament of 1826abolishing lotteries. A select committee was created toinvestigate the loophole and the Act subsequentlyamended



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530Lancashire Watch Company Ltd., a group of 10 6%mortgage debentures for £100, 1897, scrollwork toleft, black, revenue stamp at top right, generally veryfine to extremely fine. (10)

£100-150

531London Bridge Railways Terminus Hotel Co.Ltd., a small group of 12 certificates for one share of£5, 186[0], attractive pieces with vignette of the largeHotel building in centre, black, extremely fine. (12)

£180-220

532Needles and Alum Bay Pier Co. Ltd., £10Debenture, 190[3], No.5, large format, double page,black, extremely fine

£50-60

This pier was built to a length of 370 feet to replace theold wooden pier. It was closed in 1925 and broke in halfduring a storm in 1927. The area is now a touristattraction



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533Oil Wells and Royalties Investment Co. Ltd.,bearer certificate for 10 shares of £1, 19[13], no.5395,attractive piece with vignete of oilfield, ornate borders,dark green and mauve, with coupons, slightdiscolouration at bottom left, good very fine

£60-80

534Old Trewether Consolidated Mining Company, agroup of 10 bearer certificates for 5 shares of £1,185[4], black, embossed revenue stamps, almostextremely fine. (10)

£120-150

535Phoenix Silver Lead Mining Co. Ltd., a group of 9certificates for one share of £10, 1872, very attractivepieces with numerous typefaces and scrollwork, blackwith mauve paper seals, extremely fine. (9)

£150-200

536Pontypridd Gas Light and Coke Company, a groupof 29 certificates for one share of £10, 1851[2], veryattractive pieces with vignette of the company sealdepicting works and bridge, black printing on bluepaper, extremely fine. (29)

£250-300



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537Septimus Parsonage & Co. Ltd., £1 preferenceshares, 1898, no.1542, ornate border, scrollwork atleft, black, red seal, discolouration from official labelstuck at top margin, very fine;, together with WestAustralian Mining Co. Ltd. 2 shilling shares, 1897, no.1702, good very fine. (2)

£50-60

538“Shell” Transport and Trading Co. Ltd., 7% secondpreference shares, 192[2], no. 12106, attractive piecewith central vignette of oil storage tanks flanked byfurther vignettes of oil tanker and oildfield, brown,very fine and a scarce type

£60-80

539Valour Rubber Extracting Machine Ltd., £1 shares,19[11], no.16, ornate border, small vignettes at bothsides depicting machinery, dark blue, some creasing attop, good very fine

£60-80

540Wandsworth Bridge Co., certificate of shares, 1872,Nos. 2711-2715; also £10 share, 186[5], No. 938,scrollwork at left, embossed seal depicting the bridge,stamped in red fully paid, black, fragile paper; and£500 Debenture, [1867], No. 4, all manuscript,embossed red paper seal depicting bridge, black andred, large format, double page, extremely fine. (3)

£60-80



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541West Middlesex Water Works, one share of £100,1810, no.1556, 4 page document showing all 15instalments paid, black, split along folds but has recentlybeen professionally restored

£80-100

542West Middlesex Water Works, share transfercertificate, 18[71], issued to Moses AsherGoldschmid and signed and sealed by him atbottom, scrollwork at left, black, good very fine

£60-80

543The Winchester Cemetery Company, one share,184[1], no. 317, black printing, on vellum, pink paperseal to right, very fine

£60-80

544Ynisarwed Resolven Colliery Co. Ltd., a group of14 certificates for one share of £25, 187[3], vignetteof company seal depicting coal wagon, black, smallspike hole at top left, good very fine. (14)

£150-200

545A group of 15 printer’s proofs, 13 on card, 2 onpaper, including John Marsh & Co. Ltd., with a lovelyvignette of a horse drawn stage coach, TheScarborough & Whitby Railway Co., The WesternRanches, Ltd., Edinburgh, with a vignette of highlandcattle to left, The Carrigan Rock Tin Mining Co., TheColonial Ammunition Co. Ltd., this missing a cornerfrom counterfoil, Pile Ltd, with vignette of street sceneincluding the Pile Ltd Building, Blenkhorn,Richardson & Co. Ltd. with vignette of grazing sheepto left, 1860s-1900, 6 with foxing and/or stain,otherwise fine to very fine

£200-300

546A small collection of Brewery and relatedcertificates, comprising Bent’s Brewery Co. Ltd.,ordinary shares, 1890, preference shares, 1891;Boddingtons’ Breweries Ltd., 1955 and 1963;Burtonwood Brewery Co. (Forshaws) Ltd., 1969;Carrington united Breweries Ltd., 1965 and 1966;Distillers Co. Ltd., 1948; Embassy Wine and Club Co.Ltd., 1929; Greenall, Whitley & Co. Ltd., 1959;Merrydown Wine Co. Ltd., 1983; New BreweryCompany Carlisle Ltd., 1879; Oldfield Brewery Ltd.,1896; Tamplin’s Licensed Properties Ltd., 1934;Watney Combe Reid & Co. Ltd., 1931 and Wilson’sBrewery Ltd., 1953, mixed condition fine to very fine.(16)

£80-100



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IRELAND

547Irish Government Life Annuities, a 6% debenturecertificate for £100, 2nd Class, Dublin 1779, no.52,black printing with manuscript insertions of the holderand, in this case, his daughter, age unspecified, threefolds with some wear along and at the edges, fine tovery fine

£200-300

548Republic of Ireland, an interesting fund raising bondfor $10, 1920, no.78918, facsimile signature ofEamon de Valera as President, ornate border, greenand black, very fine and scarce

£300-400

The bond was payable one month after the recognition ofthe new Republic of Ireland and paid a 5% interest fromthat date. Monies were mostly sought from Irishemigrants to the USA

549Limavady & Dungiven Railway Co., £10 shares,fully paid, 1882, no.8, black with black border,embossed seal, printed in Belfast, good very fine

£60-80

550Newry & Enniskillen Railway Co., £50 share,18[53], no.10077, scrollwork at left, black, embossedcompany seal bottom left, extremely fine

£60-80



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551Strabane and Letterkenny Railway Co., 4%Debenture stock, 19[08], No.4, scrollwork at left, red,centre fold, about extremely fine

£80-100

The last narrow gauge railway constructed in Ireland

552Waterford & Limerick Railway Co., £50 share,1845, no.12101, attractive coat of arms withinmedallion top centre, blue, pink embossed seal, topedge with a couple of small edge tears, very fine

£60-80

553Waterford, Wexford, Wicklow and Dublin RailwayCo., £20 share, 1847, no.35105, very attractive piecewith coat of arms at top, repeated in scrollwork at left,black, green seal, extremely fine

£80-100

554Belfast Gas Light Company, a group of 8 certificatesfor one ‘old’ share of £80, 18[55], blue and black withvery attractive embossed seal depicting allegoricalfigure seated beneath gas lamps and sailing ship inbackground, almost extremely fine. (8)

£100-150

555Hibernian Mining Company, an Act of Parliamentto incorporate the company, 1824, interesting 32 pagedocument which also lists all subscribers, slightlyragged edges, about very fine

£60-80



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556Holyford Copper Mining Co. Ltd., a group od 20certificates each for 5 shares of £1, 186[4], scrollworkat left, black, embossed seal depicts harp, extremely fineand better. (20)

£200-300

557North West of Ireland Deep Sea Fishery CompanyLtd., £10 shares, 1866, a pull from the originalprinting plate, circa 1880, by Waterlow & Sons, foruse within one of their salesmen’s books, ornateborder, red, lovely embossed Waterlow & Sons seal,extremely fine

£60-80

558Provincial Bank of Ireland, a pair of transfercertificates for £10 shares, 1847 and £100 shares,1854, of slightly different style, both handsigned bythe company accountant, black and blue respectively,fine to very fine. (2)

£60-80

Transfers are the only paper generally available from theIrish banks and to my knowledge no actual sharecertificates have been seen

559A miscellaneous collection of certificates comprising;Tralee Race Company Ltd., 1 pound shares, 18[96],no.61, scrollwork to left, blue; London Flambo FuelCompany Ltd., two examples, £1 shares, London19[10], no.9 and no.47, scrollwork to left, black;Australian Maikop Oil Company Ltd., twoexamples, 2 shilling shares, London 1910, no.793,red, no.A377, black; Moore & Burgess Ltd., 1pound share, 18[95], no.927, scrollwork to left, black;Victorian Consolidated Goldfields Ltd., 5 shillingshares, 19[05], no.450, blue; New SeddonPneumatic Tyre & Self Closing Tube CompanyLtd., 10 shilling shares, 189[6], no.343, scrollwork toleft, black; British Petrol & Motor EquipmentCompany Ltd., 1 pound shares, 19[22], no.1269,black, heavy creasing on many, generally fine to veryfine. (9)

£100-120

560A group of three proof certificates, comprising ClewBay Copper & Sulphur Mines, Currane, Burrishoole,Mayo, undated but circa 1850; Irish Land InvestmentCo. Ltd., £10 shares, 185-, and Mining Company ofIreland and Strachan Brothers Ltd., preference shares,18- (circa 1880), all printed in black on thick card, thefirst two with some light staining and mount marks onthe reverse, the last with small repaired tear, fine to veryfine and unusual. (3)

£60-80



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LATIN AMERICA

ARGENTINA

561Province of Corrientes, 6% External Gold loan of1910, £20 bond, Paris 1911, no.09462, large formatpiece with ornate border, green and black on greenunderprint, printed by Waterlow & Sons, withcoupons, couple of small ink stains, very fine and notcancelled

£80-100

562Argentine Republic Province of Entre Rios, 6%External Loan 1886, a specimen bond for £100 fromthe Bradbury, Wilkinson & Co. archive, No.0000,large Argentinian coat of arms and flags at top, blackand green, punch cancelled, extremely fine

£100-120


563Province of Santa Fé: Northern ColoniesExtensions Railway of Santa Fé, 5% mortgage bondfor £100, 1885, a specimen certificate from theBradbury, Wilkinson & Co. archives, large format,arms at top, black, pink underprint, small piece missingfrom extreme left edge not affecting design, otherwisenearly extremely fine

£60-80

564Argentine Great Western Railway Co. Ltd.,preferred stock certificate, 190[9], no.6784,Argentine arms at top, ornate border and scrollwork atleft, blue, printed by Waterlow & Sons, very fine andscarce

£60-80


149

565Buenos Ayres & Pacific Railway Co. Ltd., FirstPreference shares, 19[14], No. 5920, vignetteincorporating coat of arms and steam engine at left,green, about extremely fine

£60-80

566Central Argentine Railway Ltd., £100 OrdinaryBearer Share and £1 41⁄2% Preference Bearer Share,Buenos Ayres, 191[1] and 191[2] respectively, largevignette of steam train crossing bridge at top, text inEnglish and Spanish, ornate border, green and orangerespectively, punch cancelled, with coupons, the firstabout extremely fine, the other good very fine. (2)

£80-100

567Central Argentine Railway Ltd., 2 certificates forConsolidated Ordinary stock, 191[4], Nos. 73069and 74150, the first with capital overprinted with newvalue, brown, good very fine. (2)

£80-100

568Fabrica Nacional de Calzado, certificate for tenshares of 100 pesos, Buenos Aires 1889, series B,no.0008, ornate border and central vignette depictingtwo shoe factory workers, brown and black on goldunderprint, tiny nicks at top edge, good very fine

£60-80



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569S.A. Campos Eliseos, 300 pesos bearer share, BuenosAires 18[89], lovely vignette of a recreational river andparkland scene with many different entertainments,allegorical figure at left, black with pink and yellowunderprint depicting sun rays, small stain at bottomotherwise extremely fine

£80-100

In Greek mythology The Elysian Fields are the finalresting place for the virtuous and heroic, signifying agood place to be - consequently the name became popularwith property developers when designing new townshipsand recreational parks

570Teatro Aleman en la America del Sud, 100 pesoshare, Buenos Aires 192[1], no. 1236, attractive piecewith ornate border, vignette of globe surrounded byscrollwork beneath heading, brown with brownunderprint, central fold, extremely fine

£60-80

BRAZIL

571Brazilian 4% Loan of 1889, a specimen bond for£100 from the Bradbury, Wilkinson & Co. archive,large format, ornate border, green and black, text inEnglish and French, numbered 000000, withcoupons, bottom left corner cut away as cancellation,very fine

£60-80



151

572United States of Brazil, Western of Minas RailroadCo., 5% Guaranteed Loan of 1893, a specimenbond for £100, from the Bradbury, Wilkinson & Co.archive, large format piece with ornate borders,Brazilian arms at top, green and black, with coupons,about extremely fine

£80-100

573United States of Brazil, Railway GuaranteesRescission 4% Loan, 1902, a specimen £100 bondfrom the Bradbury, Wilkinson & Co. archive, largeformat piece with ornate borders, Brazilian arms attop, green and black, with coupons, about extremelyfine

£100-120



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574United States of Brazil, 61⁄2% Loan of 1927, aspecimen bond for £1000 from the Bradbury,Wilkinson & Co. archive, small coat of arms at top,ornate border, mauve and black, red circular specimenstamp at bottom, about extremely fine

£100-120

575United States of Brazil, 5% Loan of 1913, aspecimen bond for £500 from the Bradbury,Wilkinson & Co. archive, large format piece withornate border, coat of arms in underprint, orange andblack, with coupons, extremely fine and rare

£100-120



153

576État de L’Amazone, State of the Amazon, 500 franc5% Gold bond, Paris 1906, No. 102572, Brazilianemblem at top, large vignette at bottom of steam andsailing ships at river port, ornate border incorporatingnautical items, with coupons, green, a few small stains,very fine

£60-80

577State of Minas Geraes, 61⁄2% 30-Year ExternalSterling Loan of 1928, a specimen bond for £500from the Bradbury, Wilkinson & Co. archives, largeformat piece with State coat of arms at top, green andblack, with coupons, small hole cancels, good very fine

£80-100



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578Brazil Great Southern Railway Co. Ltd., 6%Mortgage Debentures, 3 examples, £100, 1886,No.1467, red and black, with coupons, stained, somedamage thusfine, 189[4] and 189[905], Nos. 106 and892, blue and green, with coupons, good very fine

£60-80

579Brazil Great Southern Railway Co. Ltd., a 7% bondfor £500, 1891, no.18, one of only 20 issued, largeformat, plain black printing, good very fine and veryrare

£60-80

580Madeira-Mamore Railway Co., £20 51⁄2% 60 YearFirst Mortgage Bond, 1910, No.C1830, large vignetteof steam train at top, ornate border, brown, printed byWaterlow and Sons, with coupons, extremely fine

£50-60



155

581Madeira-Mamore Railway, 6% 60 Year MortgageBonds, 2 certificates for £20 and £100, 1910, Nos.B9623 and A3687, large vignette of steam train at top,ornate border, text in English and French, mauve andred respectively, printed by Waterlow & Sons, withcoupons, good very fine (2)

£80-100

582The Mogyana Railways and Navigation Company,a specimen first mortgage bond for £100, 1914, fromthe Bradbury, Wilkinson & Co. archives, large formatpiece printed in green and black, text in English, withcoupons, about extremely fine

£60-80

583Bank of the State of San Paulo, 6% GuaranteedSterling Mortgage Bonds, series C, 1929, a specimenbond for £500 from the Bradbury, Wilkinson & Co.archive, ornate border, green and black, red circularBradbury specimen stamp at bottom, small edge tear atright, good very fine

£60-80



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584Brazil Trading Company, a group of 20 certificatesfor 100 franc shares, 1916, large format pieces withornate border, red-brown with pale green underprint,with coupons, extremely fine. (20)

£150-200

585Co. Française du Port de Rio-Grande-Do-Sul, 500Franc share, Paris 1910, un-issued, large vignette attop and bottom of sailing ships approaching and inport, decorative border incorporating sea shells, fishand nautical items, brown and grey, with coupons,extremely fine

£60-80

x586Companhia Cessionaria dea Docas do porto daBahia, a specimen bond for 500 francs, Paris 1934,large format piece with ornate floral border, Brazilianarms at top, brown, text in English and French,overprinted SPECIMEN at bottom, with coupons, aboutextremely fine

£60-80



157

587Rio de Janeiro Tramway, Light & Power Co. Ltd.,500 franc 5% gold bond, 1908, No. 40509, vignetteof tram car flanked by scenes of Sugarloaf mountainand city, red, printed by Waterlow & Sons Ltd.repaired split on centre fold, about very fine

£50-60

CHILE

588Chilian Government 5% State Loan of 1911, aspecimen bond for £20 from the Bradbury, Wilkinson& Co. archive, large format piece with condor at topwithin star, brown and black with large coat of arms inunderprint, text in English and German, withcoupons, about extremely fine

£100-120



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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

£100-120

590Copaquire Copper Sulphate Co. Ltd., a group ofbearer certificates for 5 shares of £1 (10) and 10 sharesof £1 (10), all 190[2], ornate borders with vignette ofmountainous mining area, blue and black & brownand black with green underprint, with coupons, mostare extremely fine. (20)

£120-150

CUBA

591Havana Electric Railway Company, consolidatedmortgage 5% gold bond for 1000 dollars, 1902,no.2974, ornate border, vignette at top illustrating theelectric railway car, blue, extremely fine

£60-80

592Empresa del Ferro-Carril de Guantanamo, 100peso share, Santiago de Cuba 18[59], no.3033, ornateborder, scrollwork at corners and small vignette at topof steam train on track, black, unfortunately somewater and ink damage, fine

£150-180



159

593National Hotel of Cuba Corporation, a specimen30-Year 6% income debenture for $1000, 1929,numbered 00000, allegorical female reclining at top,ornate border, orange and black, printed by theAmerican bank Note Co., lacks coupons, tri-foldedotherwise extremely fine

£60-80

594Soc. Des Port et Terrains de Matanzas (Ile deCuba), 500 Franc share, No. 19759, Paris 188[2],border consisting of 4 vignettes depicting maritimescenes and sailing ships, black on pink underprint, withcoupons, extremely fine

£60-80

595United Railways of the Havana and ReglaWarehouses Ltd, five examples, 100 pound shares,191[2], nos. 10168, 10172, 10171, 10170 & 10167,text in English and Spanish, small format piece withornate border, blue, all with coupons (detached),generally extremely fine (5)

£60-80

GUATEMALA

596Co. Minera y Explotadora de Guatemala, gold$500 share, Guatemala 189[4], No.105, black, pinkunderprint of value, good very fine and rare

£60-80



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HONDURAS

597Honduras Government Railway Loan, £100 bond,London 1870, No. 10876, black, with coupons, veryfine; deferred share, London 1867, No. 606, text inFrench and English, pink, extremely fine; 300 francbond, Paris 1869, No. 31458, blue, some repairs andedge tears, very fine. (3)

£80-100

MEXICO

598Institution for Encouragement of IrrigationWorks and Development of Agriculture, 35-Year41⁄2% Gold Loan, a set of bonds for $100, $500 and$1000, 1908, large format, Mexican eagle at top,horse and lpough to the right, damm to the left,ornate borders, green, orange and olive respectively,with coupons, very fine or nearly so. (3)

£80-100



161

599City of Chihuahua, 5% Loan, 1910, bond for $1000,no.141, only 600 issued, Mexican eagle at top, textin Spanish, English and French, green and black, withcoupons, good very fine

£80-100

600City of Chihuahua, 5% Loan, 1910, bond for $1000,no.120, only 600 issued, Mexican eagle at top, textin Spanish, English and French, green and black, withcoupons, good very fine

£80-100

x601Mexico Tramways Company, 100 dollar share,1919, no.Z96117, ornate border, vignette under titleshowing Mexico City and another to the left depictinga tram, purple with purple underprint, printed byWaterlow & Sons Ltd, with coupons, extremely fine

£60-80

602National Railways of Mexico, General Mortgage 4%Gold Loan, pair of bonds for US$100, 1907, Portraitof Diaz at top, large format, green and black, text in 4languages, with coupons, good very fine. (2)

£60-80



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603Ferrocarril Nacional de Tehuantepec, 5% Loan,1904, a group of 6 bonds for £100/2040 marks,ornate border, mauve and black with greenunderprint, text in Spanish, German and English, withcoupons, generally about very fine. (6)

£100-150

604Banco Internacional é Hipotecario de México, 1share of 100 pesos, 1890, no.11355, very attractivepiece in both Spanish and English, Mexican andAmerian eagles at top, allegorical female and nativeamerican at either side, green and black, printed byABNCo., with coupons, split at fold at left edge, veryfine and rare

£150-200

605Banco Internacional é Hipotecario de México, 1share of 100 pesos, 1890, no.11353, very attractivepiece in both Spanish and English, Mexican andAmerian eagles at top, allegorical female and nativeAmerican at either side, green and black, printed byABNCo., with coupons, tears at folds and raggededges, fine but rare

£100-150



163

606Banco de Queretaro, founders bond, 1907, aspecimen certificate from the American Bank Note Co.archives, vignette of steam train with viaduct inbackground, coat of arms and Mexican eagle at eitherside, blue and black, with coupons, numbered 00000,overprinted SPECIMEN in red, good very fine

£60-80

607The Quintera Mining Company Ltd., a group of 15certificates for shares of £1, one share (10) and fiveshares (5), London 1908, ornate border, red and darkbrown respectively, all with coupons, generally aboutextremely fine. (15)

£80-100

PANAMA

608Panama: Gold Mines of Cana, $100 shares, NewYork 187[9], no.84, attractive certificate with vignetteof miners working above ground, black, gold seal, veryfine and scarce

£80-100

An American company owning property at Cana,Panama, United States of Colombia. Panama was adepartment of Colombia from its independence fromSpain and was separated in 1903 with the formation ofthe Republic of Panama

PARAGUAY

609Banco Mercantil del Paraguay, ten pieces, 1000peseta shares, Asunción 1906, nos. 1021, 1022, 1023,1024, 1025, 1026, 8940, 8942, 8942 and 8943,ornate border with columns at sides, Neptune andMercury at top corners, black on green, all withcoupons (some removed), generally very fine (10)

£80-100



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PERU

610Peruvian Pacific Railway Ltd., a group of 12debentures for £100, 19[07], large format, ornateborder, black, red seal, 4 pages, all but the top one areabout extremely fine although a little dusty. (12)

£80-100

POYAIS

611Poyais, General Mortgage Loan of £200,000, £100special bond, 1823, no.825, signed by MajorWilliam John Richardson, MacGregor’s Chargéd’Affaires in London, large format, black and blueprinting by Whiting with classic scrollwork design attop, coupons at either side, folds wear slight wear incentre, couple of minor edge tears, very fine

£150-200



165

612Poyaisian Land Debenture, 1839, certificate no.401for 1000 acres, attractive vignette of Britannia andPoyaisian native reaching to each other across the seas,black, some wear at folds and tip of top right cornerremoved, about very fine

£80-100

The debentures granted land in perpetuity to the holdersubject to an annual rental of 1 cent per acre. Thefraudulent Poyais scheme collapsed shortly afterwardswhen it became general knowledge that the land wasalmost uninhabitable

URUGUAY

613S.A. Lavaderos de Oro Maine, 10 peso share,Montevideo 1906, no.1006, ornate border, blue withgreen underprint; together with The Gold Fields ofUruguay Ltd, 1 pound shares, 188[9], no.373,scrollwork to left and at top, coat of arms undercompany name, black, extremely fine. (2)

£60-80



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VENEZUELA

614United States of Venezuela, Consolidated 3%National Internal Debt, series 4, 1906, 1000bolivares, no.0059, tall thin format piece with ornateborder and State arms in the centre, grey-green andblack, no coupons remaining, small stain at left, veryfine and scarce

£60-80

BRITISH GUIANA

615New York & British Guiana Gold MiningCompany, certificate for 250 5 dollar shares, NewJersey 189[5], no. 203, ornate border, vignette undertitle showing mine workers, black with greenunderprint, two light creases, otherwise extremely fine

£60-80

TRINIDAD

616Trinidad Friendship Petroleum Co. Ltd., 5/-shares, 192[3], no.235, a very attractive large sizecertificate with vignette of oil derrick and building attop, black, couple of edge tears but very fine and scarce

£60-80



167

RUSSIA

State Loans

6171817/18 6% Perpetual Annuities, a nominativecertificate for 1000 roubles paper, printed date 1838,no.83363, double headed eagle at top, black, text inRussian with French on the reverse, many stamps ofinterest paid very fine

£60-80

6181817/18 Perpetual Annuities, a group of 3 Dutchcertificates issued in exchange for the original Russianissues by Dutch bankers Hope & Co., two for 1000roubles paper, printed date 1829 and 1834, and theother for 285 5/7 silver, dated 1844, black printing,on thick paper, text in Dutch and French, withcoupons, the first somewhat toned, otherwise about veryfine. (3)

£80-100



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6191817/18 Perpetual Annuities, a pair of Dutchcertificates issued in exchange for the original Russianissues by Dutch bankers Stadnitski & van Heukelom,each for 1000 roubles paper, 18[25], no 2523 and18[26], no. 8626, black printing, in Dutch andFrench, the first with coupons, the last without, thesecond with old tape repairs, fine and good fine. (2)

£60-80

6201817/18 Perpetual Annuities, a pair of Dutchcertificates issued in exchange for the original Russianissues by Dutch bankers Van Vloten & de Gyselaar,each for 1000 roubles paper, one with printed date1824, the other 1825, black printing, on thick paper,with coupons, very fine. (2)

£60-80

6211820 5% Loan, a Dutch certificate issued inHamburg in exchange for the original Russian issue byDutch bankers Sillem, Benecke & Co., for 500 roublessilver, [1821], no.37561, together with 1817/18 6%Perpetual Annuities, Dutch certificates isued by Hope& Co. (5), three different printings, some lackingcoupons, mixed condition, fine and better. (6)

£120-150



169

6221822, 5% Rothschild Loan, bond for 720 roubles or£111, hand signed by Nathan Meyer Rothschild,double headed eagle at top, black, 1 coupon, repairedtears, split on fold, fine to very fine

£80-100

6231822, 5% Rothschild Loan, bond for 720 roubles or£111, hand signed by Nathan Meyer Rothschild,double headed eagle at top, 3 red revenue stamps,black, 1 coupon, splits on folds, fine to very fine

£80-100



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6241822 5% ‘Rothschild’ Loan, bond for 720 roubles or£111, handsigned by Nathan Meyer Rothschild asContractor, double headed eagle at top, black, onpoor quality paper, with talon, split at folds with oldtape repair, good fine

£80-100

6251822 5% ‘Rothschild’ Loan, a pair of bonds for 720roubles or £111, handsigned by Nathan Rothschildas Contractor, double headed eagle at top, black, onpoor quality paper, with various handstamps fordelivery of new coupon sheets, one with certificate ofUS ownership attached, repairs at folds as usual, fine.(2)

£150-180

6261822, 5% Rothschild Loan, bond for 960 roubles or£148, hand signed by Nathan Meyer Rothschild,double headed eagle at top, black, 1 coupon, repairs totop, reverse and side, split on folds, some stains, fine

£80-100

x627Imperial Government of Russia 31⁄2% Gold Loan,1894, a group of Fr.500 bonds (126), Russian coat ofarms top centre, brown and gold with coupons,generally very fine. (126)

£200-300



171

x628Imperial Government of Russia 31⁄2% Gold Loan,1894, a group of Rbl. 625/Fr.2, 500 bonds (86),Russian coat of arms top centre, brown and blue withcoupons, very fine. (86)

£200-300

x629Imperial Government of Russia 31⁄2% Gold Loan,1894, a group of Rbl. 3125/Fr.12, 500 bonds (20),Russian coat of arms top centre, mauve and brownwith coupons, about very fine. (20)

£200-300

x630Imperial Russian Government 41⁄2% Loan, 1909, agroup of bonds for Frs.500 (25), Frs.2, 500 (38) andFrs. 5000 (18), Russian coat of arms top centre,elaborate border, various colours and Baring Brothers& Co. Ltd., overstamp, mixed condition. (81)

£100-150

631Holy Synod of the Empire of Russia, 7% SterlingLoan, a certificate for £[2500], 1916, no.72, issued byGlyn, Mills, Currie & Co. as agents for the loan, black,text in English, numerous overprints regardingrepayment of capital as late as 1955, edge splits, fine tovery fine, scarce and interesting

£80-100

City Loansx632City of Baku, 5% Loan, 1910, £20 bonds (100),ornate borders, coat of arms at top, brown, withcoupons, generally very fine. (100)

£300-400

x633City of Baku, 5% Loan, 1910, £100 bonds (90),ornate borders, coat of arms at top, blue, withcoupons, mixed condition but many very fine andbetter. (90)

£400-500



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634City of Baku, 5% Loan, 1910, bond for £500,no.84346, only 284 issued, coat of arms of the city attop, red and black, with coupons, good very fine andscarce

£150-200

x635City of Baku, 5% Loan, 1910, £500 bonds (8), only285 issued, ornate borders, coat of arms at top, red,with coupons, tears and damaged borders generallypoor to fine and rare. (8)

£300-400

x636City of Kieff 5% XXII Loan, 1914, set of 3 bonds,£20, £100 and £500, city crest at top, ornate borders,various colours with coupons, generally extremely fine.(3)

£200-250

x637City of Kieff, 5% XXII Loan, 1914, a group of £20bonds (22), of 6,558 issued, ornate borders, greenand black, brown underprint, with coupons, extremelyfine. (22)

£120-150



173

x638City of Kieff 5% XXII Loan, 1914, £100 bonds(26), city coat of arms at top, ornate borders, greenand black, pink underprint, with coupons, very fineand better. (26)

£150-200

x639City of Kieff 5% XXII Loan, 1914, rare £500 bondsof which only 262 issued, city crest at top, ornateborders, green and black, pale green underprint, withcoupons, fine to very fine. (4)

£300-400

640City of Kiev, XXIII Loan, £100 Bond, 1914, No.11665, ornate border, text in Russian, English andFrench, red and brown, with coupons, about extremelyfine

£100-120

x641City of Kieff (Municipal Electric Tramway) 5%Loan, 1914, a large group of scrip certificates relatingto £20 (296), £100 (198) and £500 (26) bonds,printed on white, green and pink paper, overprintednoting interest paid, mixed condition. (520)

£300-400

x642City of Moscow 5% Loan, 1908, a group of £20bonds (95), city coat of arms at top, ornate borders,yellow and black, countersigned by Baring Brothers &Co. Ltd., with coupons, generally very fine and better.(95)

£200-250



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x643City of Moscow 5% Loan, 1908, a group of £100bonds (48), city coat of arms at top, ornate borders,blue and redk, countersigned by Baring Brothers &Co. Ltd., with coupons, mixed but generally very fine.(48)

£250-300

x644City of Moscow 5% Loan, 1908, a group of £500bonds (11), rare, only 400 bonds issued, city coat ofarms at top, ornate borders, red and green,countersigned by Baring Brothers & Co. Ltd., withcoupons, mixed with some border damage, generallypoor to fair. (11)

£300-400

x645City of Moscow 4.5% Loan, 1912, set of 4 bonds,£20 (yellow), £100 (green), £500 (purple) and £1000(red), city crest top, decorative borders, with coupons,extremely fine. (4)

£200-300

x646City of Moscow 4.5% Loan, 1912, a group of 99bonds for £20, ornate borders, brown borders, yellowunderprint, with coupons, very fine to extremely fine.(99)

£200-300

x647City of Moscow 4.5% Loan, 1912, a group of 133bonds for £100, city crest top centre, ornate borders,green, with coupons, fine to extremely fine. (133)

£400-500

x648City of Moscow 4.5% Loan, 1912, a group of 81bonds for £500, city crest top centre, ornate borders,purple, with coupons, poor to extremely fine. (81)

£1,000-1,500

x649City of Moscow 4.5% Loan, 1912, a group of 4bonds for £1000, city crest top centre, ornate borders,red, with coupons, extremely fine. (4)

£300-400



175

x650City of Nikolaef 5% Loan, 1912, a group of 70 £20bonds, arms at top, ornate borders, brown, withcoupons, very fine to extremely fine. (70)

£150-200

x651City of Nikolaef 5% Loan, 1912, a group of 85£100 bonds, arms at top, ornate borders, blue, withcoupons, very fine to extremely fine. (85)

£350-400

652A group of 5 certificates, City of Nikolaef 5% Loan,bonds for £20, £100 and £500, 1910, brown, blueand red respectively; Kokand-Namangan Railway Co.,41⁄2% Loan of 1910, bonds for £20, severe edge damage,and £100, brown and blue respectively, all withcoupons, some edge damage otherwise very fine (5)

£100-120



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x653City of Nikolaef 5% Loan, 1912, a group of 9 £20bonds from the rare 2nd issue, city coat of arms at top,ornate borders, brown, with coupons, only 400issued, extremely fine. (9)

£200-300

x654City of Perm 51⁄2% Loan, 1914, scrip certificates for£20 (40), ornate borders, blue, issued BoultonBrothers, generally very fine. (40)

£150-200

x655City of Perm 51⁄2% Loan, 1914, scrip certificates for£100 (47), ornate borders, purple, issued BoultonBrothers, generally very fine. (47)

£150-200

x656City of Perm 51⁄2% Loan, 1914, scrip certificates for£500 (7), rare, ornate borders, red, issued BoultonBrothers, very fine. (7)

£200-250

x657City of St. Petersburg, 41⁄2% Loan, 1913, £20bonds (100), ornate borders, coat of arms at top,green, blue and beige, with coupons, generally veryfine. (100)

£300-400



177

x658City of St. Petersburg, 41⁄2% Loan, 1913, £100bonds (55), ornate borders, coat of arms at top, blue,green and orange, with coupons, very fine. (55)

£240-300

x659City of St. Petersburg, 41⁄2% Loan, 1913, £1000bonds (3), rare, only 500 issued, ornate borders,coat of arms at top, blue and green, with coupons, poorto fine some damage to borders. (3)

£150-200

x660City of St Petersburg 41⁄2% Loan, 1913, a group ofscrip certificates for £20 (100), ornate borders, blue,overprinted “July 1914, issue”, issued BoultonBrothers, very fine and better. (100)

£300-400

x661City of St Petersburg 41⁄2% Loan, 1913, a group ofscrip certificates for £100 (252), ornate borders, red,overprinted “July 1914, issue”, issued BoultonBrothers, very fine and better. (252)

£400-500

x662City of St Petersburg 41⁄2% Loan, 1913, scripcertificates for £500 (14), ornate borders, purple,overprinted “July 1914, issue”, issued BoultonBrothers, generally very fine and rare. (14)

£150-200



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x663City of St Petersburg 41⁄2% Loan, 1913, scripcertificate for £1000, Series A, Number 1, ornateborders, green, overprinted “July 1914, issue”, issuedBoulton Brothers, very fine. (1)

£200-300

x664City of Saratoff 5% Loan, 1909, a group of Frs 2500bonds (22), ornate borders, city coat of arms at top,mauve and black with coupons, some border damageotherwise generally very fine. (22)

£300-400

Railwaysx665Armavir-Touapse Railway Company 41⁄2% Loan,1909, £20 bonds (135), ornate border, brown borderyellow underprint with coupons, mostly very fine.(135)

£250-300

x666Armavir-Touapse Railway Company 41⁄2% Loan,1909, £100 bonds (80), ornate border, blue, withcoupons, mostly very fine. (80)

£400-500

667Armavir-Touapse Railway Company, 41⁄2% Loan,1909, bond for £500, no.C00496, red and black, withcoupons, almost extremely fine

£60-80



179

668Armavir-Touapse Railway Company, 41⁄2% Loan,1909, bond for £500, no.C01088, ornate border, redand black, with coupons, good very fine

£60-80

x669Armavir-Touapse Railway Company 41⁄2% Loan,1909, £500 bonds (9), ornate border, red, withcoupons, very fine. (9)

£400-500

x670Armavir-Touapse Railway Company 41⁄2% Loan,1909, £500 bonds (16), ornate border, red, withcoupons, mixed condition. (16)

£300-400

x671Armavir-Touapse Railway Company 41⁄2% Loan,1913, £100 bonds (20), ornate border, blue, withcoupons, generally poor. (20)

£50-60

x672Armavir-Touapse Railway Company 41⁄2% Loan,1913, £500 bonds (12), ornate border, blue, withcoupons, extremely fine. (12)

£400-500

673Black Sea railway, 41⁄2% loan, 100 rouble bonds,1916 (3 examples), all text in Russian, ornate border,brown on yellow underprint, with coupons, bothextremely fine. (3)

£50-60



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x674Black-Sea-Kuban Railway Company, 4.5% Loan,1911, 98 bonds for £20, ornate border, orange, textin English and Russian, with coupons, mostly very fine(98)

£300-400

x675Black-Sea-Kuban Railway Company, 41⁄2% Loan,1911, 45 bonds for £100, ornate border, blue, text inEnglish and Russian, coupons, generally very fine (45)

£200-250

x676Black-Sea-Kuban Railway Company 41⁄2% Loan,1911, bond for £500 no. C39872, of only 400issued, ornate border, green, text in English andRussian, with coupons, small tears bottom edgeotherwise fine to very fine

£100-120

x677Dvinsk-Vitebsk Railroad 4% bonds, 1894, a groupof 193 bonds for 125 roubles, ornate border withRussian arms at top, red and black, with coupons, veryfine and extremely fine. (193)

£300-400



680

181

678Chemin de Fer de Herby-Kelzy, 41⁄2% Loan, 1909, bond for 5000 roubles, no.0315, ornate border, text inRussian, French and German, mauve and black, with coupons, small chip at top edge otherwise very fine and very rare

£600-800

x679Kahetian Railway Company 41⁄2% Loan 1912, £20bonds (100), ornate borders, brown with coupons,about very fine. (100)

£300-400

x680Kahetian Railway Company 41⁄2% loan, 1912, agroup of 100 bonds for £100, ornate border, blue,with coupons, mostly extremely fine. (100)

£400-500



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680A1912 Kahetian Railway Company 41⁄2% Loan, bondfor £500, ornate border, red and black, with coupons,about extremely fine

£120-140

x681Kokand-Namangan Railway Company 41⁄2% Loan,1910, A group of £20 bonds (97), ornate borders,brown and black with coupons, generally extremelyfine. (97)

£300-400

x682Kokand-Namangan Railway Company 41⁄2% Loan1910, £100 bonds (49), ornate borders, blue withcoupons, very fine (49)

£150-200

683Moskau-Smolensk Railway, bonds for 500 and 1000Prussian Thaler and 1000 Dutch Gulden, Series B, Cand D respectively, St. Petersburg 1869, largeunderprint of steam locomotive at bottom, text inGerman, Russian, and Dutch, decorative border, blue,pink and mauve respectively, with coupons, very fine(3)

£100-120



183

684Moscow Windau Rybinsk Railway Company, 18994% Loan, bond for £500, no.01204, of only 1000issued, ornate border, red and black, text in Russian,English and German, lacks coupons, good very fine andbetter than usual condition

£100-120

x685Imperial Government of Russia Nicolas Railroad,1867, a group of Rbl.125/Frs.500 bonds (111),Imperial coat of arms top centre, black and white withcoupons, generally very fine. (111)

£250-300

x686Imperial Government of Russia Nicolas Railroad,1869, a group of Rbl.125/Frs.500 bonds (202),Imperial coat of arms top centre, black and white withcoupons, generally very fine. (202)

£400-500

x687Russian South-Eastern Railway Company 41⁄2%Loan, 1914, a group of 49 bonds for £100, ornateborder, blue, with coupons, about very fine. (49)

£200-300

x688Russian South-Eastern Railway Company 41⁄2%Loan, 1914, a group of £100 bonds (100), ornateborder, brown, with coupons, very fine to extremelyfine. (100)

£300-400



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x689Russian South-Eastern Railway Company 41⁄2%Loan, 1914, a group of £500 bonds (9), of which1,400 issued, ornate border, red, with coupons,mixed condition. (9)

£250-300

x690Transcaucasian Railway Company 3% Loan, 1882,a group of Rbl 125 (64) and Rbl 625 (54) bonds,brown, blue underprint, scenes of train and horsementop, mixed condition. (118)

£200-300

x691Troitzk Railway Company, 41⁄2% Loan, 1910, £20bonds (97), ornate border, brown, text in English andRussian, coupons, mostly very fine (97)

£300-400

x692Troitzk Railway Company, 41⁄2% Loan 1910, agroup of £100 bonds (48), ornate border, blue, text inEnglish and Russian, coupons, about very fine (48)

£200-300

x693Troitzk Railway Company 41⁄2% Loan 1913, £20bonds (145), ornate borders, brown, with coupons,about extremely fine (145)

£300-400

x694Troitzk Railway Company 41⁄2% Loan 1913, £100bonds (57), ornate borders, blue with coupons, veryfine. (57)

£200-300

x695Troitzk Railway Company 41⁄2% Loan 1913, £500bonds (9), scarce, only 1,400 issued, ornate borders,red with coupons, fine. (9)

£250-300

696Banque Fonciére de St. Petersbourg-Toula, 200rubel share, St.Petersburg 1899, no. 2908, text inRussian, French and German, ornate border, greenand brown, without coupons, light centre fold,extremely fine

£50-60



185


697Banque Russo-Asiatique, 3 examples, 2 dated 1911,one 1912, each 1 share for 187.50 roubles, Nos.100755, 000026, 192183, text in Russian and French,ornate border, brown and black with beige and pinkunderprint, with coupons, extremely fine. (3)

£60-80

698Belgian Companies in Russia, Trust Franco-Belgedes Petroles, 500 francs share, 1920 (4), oilwells at leftand right, railway wagon at bottom; Emailleries deLougansk, ordinary share, 1904 (4), and, Les Ateliersde Kharkoff Constructions pour Meuneries, 100 francshares, 1895 (4), good very fine to extremely fine. (12)

£60-80

699Couleurs et Produits Chimiques de Saint-Pétersburg, a group of certificates for 200 franc shares(6) and ‘jouissance’ shares (4), Brussels 1899,attractive borders, green and red respectively, withcoupons, generally extremely fine. (10)

£80-100

700S.A. Tramways de Kischinew, 250 franc preferenceshare, Brussels 1895, no. 00168, very ornate border,small coat of arms in both top corners, vignette at topdepicting the tramways in Kischinew, brown andblack, peach underprint, with coupons, extremely fine

£60-80



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701Russian Collieries Company, certificate for five £1shares, London 1[900], no. 0B3282, ornate border,vignette of allegorical figure with mining tools andmine shaft and steam train in background, purple withgreen underprint, with coupons, extremely fine

£50-60

702Soc. Industrielle Charbonniere et Métallurgiquedu Bassin d’Ouspensk, a group of 4 certificates, eachfor 1 share of 250 roubles, 1896, ornate border,brown and black, text in Russian, French and English,with coupons, one has tiny edge ears at right, very fineto extremely fine. (4)

£80-100



187

703Soc. Métallurgique du Sud-Oural, a group ofcertificates for 500 franc shares, 1898 (9), preferenceshares of 266 ⅔ francs, 1910 (24) and 500 francbonds, 1910 (30), all with ornate borders, red, mauveand green respectively, with coupons, generallyextremely fine. (63)

£180-220

704A miscellaneous group of Russian bonds and sharecertificates (approx. 140), including State Loans,Railways and some post 1917 items, many certificatesused as currency and a group of Treasury Bills,1917-1920, many very fine and a useful lot well worthinspection. (approx. 140)

£200-300

705A large accumulation of Russian bonds and sharecertificates (218), including Railways, Banks, Stateand City loans, French and Belgian companiesoperating in Russia etc., a little duplication but a fewscarce pieces noted and a tremendous dealer lot wellworth furher inspection, mixed condition but mostlyvery fine. (218)

£800-1,000

UNITED STATES OF AMERICA

State Loans

706State of Alabama, 8% Loan ‘For Military Defense’,bond for $500, 1861, no.153, Alabama seal at top,ornate border, black, pink paper seal, with coupons,light toning, good very fine

£80-100

707State of Louisiana, 4% Constitutional Bond, $500,1880, no.100, paddle steamers on river in centre,allegorical figures left and right, black, with coupons,cancelled, together with New Consolidated Bonds,1892, $100, $500 and $1000 (13), cancelled, fine tovery fine. (16)

£150-200



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708State of South Carolina, Sterling Funded debt, agroup of 17 bonds for £100, 1871, cotton plant attop, allegorical figures at bottom, black, pinkunderprint ‘£100’, with coupons, cut cancelled,generally very fine and better. (17)

£150-200

709A group of four Southern States bonds, all CivilWar period, Georgia, $500, 1862; North Carolina,$1000, 1863; South Carolina, $100, 1861 andTennessee, 8% bond, $1000, 1861, all black printing,all but the third with coupons, generally very fine. (4)

£120-150

710A group of American State and Municipal bonds,comprising City and County of San Francisco, $1000,1867 (4 exampes), all water stained and laid on thickpaper; San Francisco, Fire Protection bonds, $1000,1908 (2); City of Philadelphia, 6% Loan, various dates1856 to 1872, 6 examples, many with chipped edgesand hole cancels; City of Providence, various $1000and $5000 bonds, 1891 to 1923, various colours (7examples), and others (5) including 2 sheets ofLouisiana ‘Baby’ bonds, 1874, mixed condition but auseful lot. (24)

£120-150

711A collection/accumulation of Confederate bonds(14), includes Act of August 19th 1861, $100,redeemable July 1865, vignette of ‘Liberty’; $100,redeemable January 1867, vignette of old RichmondPost Office, rare; $100, redeemable July 1870,vignette of T.H.Watts; $100, redeemable July 1871,vignette of Thomas Bragg, and, $100, redeemableJuly 1872, vignette of S.R.Mallory, minor duplication(Criswell 5, 5A (2), 6, 7, 24, 26, 30, 32, 33, 122, 124,125, 143B), many fine and better. (14)

£300-350



189

Railroads712A large collection of American Railroadcertificates, including both stock certificates andbonds, some unissued, many dating from the 19thcentury, a few modern, with some duplication, betterpieces noted are Boston, Hartford & Erie, $1000,1864; Western Maryland RR, $1000, 1868; NorthernPacific Railway, $1000, 1896 and Wilmington &Northern RR, 1877, mixed condition with manycancelled as usual but many are very fine and theunissued generally extremely fine. (198)

£600-800

713Colorado Midland Railway Co., $1000 FirstMortgage 4% Fifty Year Gold Bond, 1897, No. 3186,large vignette of train at riverside station flanked byallegorical females, ornate border, black and green,with coupons, extremely fine

£80-100

714Duluth, Winnipeg, Pacific Railway Co,SPECIMEN 4% First Mortgage Debenture, 19—,no.5500, large vignette at top of shipping at industrialquayside with steam train, smaller vignette at bottomof mine workings, punched “SPECIMEN,BRADBURY WILKINSON & CO. LTD,LONDON”, counterfoil No. 4501 and receipt 0000,ink annotation at top right, blue and black, goodextremely fine

£100-120

715Georgia Rail Road & Banking Company, a groupof certificates for $100 shares, 18[42], signed atAthens (1), and others 18[49] to 18[58], all signed atAugusta (19), early steam train in centre, blackprinting on flimsy paper, most are cancelled, mixedcondition, some with edge damage but several are veryfine. (20)

£150-200



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716Knoxville, Cumberland Gap and LouisvilleRailroad Company, 5% first mortgage gold bond for$1000, 1888, no. 1100, ornate border, vignette atbottom of steam train, green and black, with coupons,slight creasing, extremely fine

£60-80

717Marietta and North Georgia Railway Company, 6%First Mortgage Consolidated Gold Coin Bond for$1000, 1887, vignette of steam train at station, ornateborder, brown and black, with coupons, extremely fine

£60-80

718The Mississippi Central Railroad Company, 7%Mortgage bond for $1000 gold, 1873, no.1651,ornate border, central vignette at top depictingrailroad scene with negroes picking cotton, paddlesteamers in background, and smaller at bottomdepicting a train, black, with coupons, very fine

£80-100



191

Express Companies

719American Express Company, $100 shares, capital7500 shares, 185[7], no.3007, signed by JohnButterfield as President, Alexander Holland asTreasurer and William Fargo as Secretary, vignetteof steam train showing two telegraph wires runningalongside, black, tape repair at top, usualdiscolouration but appears not to have any cancellationsand a rather nice good very fine example

£300-400

720American Express Company, $500 shares, 186[5],no.1595, capital 6,000 shares, overprinted 10,000,signed by Henry Wells as President, William G.Fargo as Secretary and Alexander Holland astreasurer, dog in centre, railway terminus anddockside behind, black, light discolouration as usual,split at centre fold, very fine

£150-200

721American Express Company, $500 shares, 186[5],no.2371, capital 10,000 shares, signed by HenryWells as President, William G. Fargo as Secretaryand Alexander Holland as treasurer, dog in centre,railway terminus and dockside behind, black, lightdiscolouration as usual, very fine

£150-200

722American Express Company, $500 shares, 186[6],no.834, capital 18,000 shares, signed by Henry Wellsas President, James. Fargo as Secretary andAlexander Holland as treasurer, dog in centre,railway terminus and dockside behind, black, ornateblue border, cancelled light discolouration as usual,split at centre fold, very fine

£150-200



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723American Merchants Union Express Company, apair of certificates for $100 shares, 186[8], no.536,and 186[9], no.5308, both signed by William Fargoas President, loaded wagon speeds away fromdockside, classic dog logo at top left, black, the secondwith orange imprinted 5 cent revenue stamp in centre,the first with an adhesive revenue stamp only, hole andstamped cancelled, good very fine. (2)

£120-150

724American Merchants Union Express Company,$100 dollar shares, New York 186[9], no.5326,signed by William Fargo as president, ornateborder, vignette at top depicting dockside scene withloaded horse drawn wagon, scrollwork to left showingan eagle, dogs head and clasped hands, imprintedrevenue stamp, black, hole and stamp cancelled, veryfine

£60-80

Commercial & Industrial

725Aerial Navigation Company of America, $50 share,19[09], No. 3824, vignette of allegorical man onwinged wheel at top, ornate border, black with goldunderprint, gold seal, extremely fine

£100-120

726Anglo-Californian Gold Mining Company, a groupof 16 certificates for one share, 185[3], scrollwork atleft, black, embossed seal, about extremely fine butpinholes at top. (16)

£150-200



193

727Comstock Tunnel Company, 4% first mortgagebonds for $500 (4) and $1000 (2), 1889, all signed byTheodore Sutro, together with certificates of othermining, industrial and commercial companies (68),including Quartz Hill Mining & Tunnelling Co.,Colorado, $100 shares, 1879, and Eureka Coal Co.,$500, 1875, very large format piece with vignette ofsteam train and coal yard, a few modern, a coupleunissued, generally very fine. (74)

£120-180

728Defiance Light & Power Company, Ohio, 6% Firstmortgage Gold Bond, $500, 1891, no.51, of only200 issued, large format piece with vignette of electrictram, electric light installation at bottom, ornateborder, green and black, with coupons, good very fineand scarce

£60-80



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729The East St.Louis Land Company Ltd, a group of20 debentures for £25, 1892, ornate border, black onpink paper, red revenue stamp at top, all extremelyfine. (20)

£100-120

East St.Louis - a city in St.Clair County, Illinois. Highlyindustrial during the 19th and early 20th centurieswhich has been very much reduced in later years. Thiscompany was one of many formed with British capital todeal with land sales

730North American Land Company, certificate forshares of 6 dollars, Philadelphia 179[5], no.1903,signed by Robert Morris as president, signature hassome ink damage and has been cancelled with a singlestrike through line, black print on buff, slight inkburning, otherwise extremely fine

£300-400

731North American Land Company, certificate forshares of 6 dollars, Philadelphia 179[5], no.199,signed by Robert Morris as president, signature isvery clear and has been cancelled with one clean linethrough, black print on buff, extremely fine

£300-400

732Oregon Steam Navigation Company, 100 dollarshare, Portland 18[74], no. 3451, small format piecewith simple border, scrollwork to right and vignette totop depicting a steam boat, almost very fine

£60-80



195

733Philadelphia and Lancaster Turnpike Road, oneshare, Philadelphia 179[5], no. 999, signed byWilliam Bingham as President, wagon and horsesapproach toll house and gates, black printing onvellum, embossed seal, nice clean condition, very fine

£300-400

734Philadelphia and Lancaster Turnpike Road, oneshare, Philadelphia 179[6], no. 11290, signed byIsrael Whelan as President, wagon and horsesapproach toll house and gates, black printing onvellum, embossed seal, yellow toning, 2 folds as usual,very fine

£300-400

735Playboy Enterprises Inc, 1 dollar share, 1977,no.37205, ornate border and vignette of nude playboymodel at top, logo at bottom and facsimile signatureof Hugh M Hefner in bottom corner, brown, black,extremely fine

£60-80


£60-80


£60-80

738Playboy Enterprises Inc, a group of 8 certificates for‘less than 100 shares’ of $1, 1977, ornate border andvignette of nude Playboy model at top, logo atbottom, facsimile signature of Hugh M Hefner asPresident, brown and black, extremely fine. (8)

£300-400



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739Saturn Silver Mining Company of Utah Limited, agroup of 20 certificates for one share of £5, 1871,black printing, embossed seal, about extremely fine(20)

£120-150

740Star of Nevada Silver Mining Co. Ltd., a group of10 certificates for 5 shares of £2, 1871, black printing,embossed seal depicts five pointed star, extremely fine.(10)

£120-150

741A miscellaneous collection of American certificates(73), including Burlington Electric RailwayCompany, $500 bonds, 1891 (2), lovely vignette ofelectric street car; Northfield Bank, 1854 and 1879;Electric Sugar Refining Company, 1887, scarce, andGila Copper Sulphide Company, $100 bonds (2), alittle duplication, a few modern, many very fine. (73)

£100-150

742A group of American Banking and othercertificates, includes Peoples National Bank ofWaterville, Maine, 1865; Morris Canal & BankingCo., 1873; Tuolumne County Water Company,1862; Harrisburg, Carlisle and ChambersburgTurnpike Road Co., 1819; Gottlieb-Bauernschmidt-Straus Brewing Co., $1000, 1901;Chicago Burlington and Quincy RR Co., (11various dates), and a group of cheques and banknotes(49), mixed condition, some fine and very fine. (76)

£150-200

743A large box of mainly modern Americancertificates (approximately 1600), muchduplication, including New York, Chicago & St.LouisRR; Gulf, Mobile & Ohio RR; Sperry Corporation;National Tea Co.; Tobacco Products; North ButteMining, and, Boston Elevated RR, most are very fine orbetter. (approx 1600)

£600-800



197

744ALLEN, Chas. H. A Visit to Queensland and herGoldfields. Chapman & Hall, London, 1870.Octavo, 376 pages, lacks folding map. Originaldecorated cloth, slightly affected by damp at bottom,some damp staining on endpapers but text completelyunaffected. Decorative blind-stamped booksellersdevice on front endpaper. Generally clean and soundwith some rubbing to spine. A very rare work

£200-250

The author resided for several months in 1869 inQueensland, during which time he visited the celebratedGoldfields of Gympie Creek not long after their discovery.He also inspected many of the lesser gold diggings andquartz reefs of Northern Queensland, and subsequentlywas able to compare them with some of the older andmore developed goldfields of Victoria. Included arechapters on Sydney and the Blue Mountains, Brisbaneand the Darling Downs, Rockhampton and the FitzroyRiver, Gympie Goldfields, Quartz Reefs of NorthernQueensland, Australian aborigines, Melbourne,Ballarat, Port Phillip Mining Company, Clunes, thepotato district, emigration, New Zealand. The last fourchapters describe the return journey to England viaPanama, New York, Niagara and Quebec

745ATCHERLEY, Rowland J. A Trip to Boërland, orA year’s travel, sport, and gold-digging in theTransvaal and colony of Natal. Richard Bentley &Son, London, 1879. Octavo, 278 pages. Originaldecorated cloth, worn and marked in places but veryclean and tight internally. A very rare early work

£300-400


A MINING LIBRARY


746 747

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746BAINES, Thomas. The Gold Regions of SouthEastern Africa. Edward Stanford, London, 1877.Octavo, 264 pages, photographic frontispiece of theauthor, other photographic plates and illustrations intext, large folding map in rear pocket. Original red-brown pictorial cloth, rebacked, corners bumped andworn, spine a little worn at joints and ends otherwiseclean and sound

£300-350

“This volume is a most important work, and containsfull information of every description upon the subject ofgold discoveries in Matabililand and Mashonaland”.(Mendelssohn). Baines also includes information on thegold discoveries of Transvaal

747BARTLETT & CHAPMAN [Stockbrokers] BritishMines and Mining; comprising a comparison ofmining with other investments, a description ofthe Mining Districts of the United Kingdom, anda detailed account of the Tin, Copper, Lead, &Other Mines in Cornwall, Devon, Salop, Wales,and the Isle of Man, with a Complete Glossary ofMining Terms. London, 1870. Octavo, 136 pages.Original bright green blind-embossed cloth, gilt titledon cover. Minimal wear on corners and top and base ofspine otherwise a very fresh copy of this extremely rarework. No copy in The British Library

£200-300

This was issued by Bartlett & Chapman, stockbrokers inCornhill and was really an extended and impressive buynote for their own favourites of the day: Lovell Consols,North Jane, Tin Valley and Great South Chiverton

748BLAKE, William P. The Production of the PreciousMetals: or Statistical Notices of the Principal Goldand Silver Producing Regions of the World: with achapter upon the unification of gold and silvercoinage. Putman, New York / Trubner, London,1869. Royal octavo, 372 pages. Original blind-embossed green cloth, spine gilt. Neat dedication in inkon first endpaper. Binding worn at extremities, somemarking and corners bumped, light stain to corners ofpages. Binding tight and a good copy

£150-200

An exhaustive and descriptive account of all the silverand gold reserves in the World

749BORTHWICK, J.D. Three Years in California.William Blackwood & Sons, Edinburgh, 1857.Octavo, 390 pages plus 16 pages of adverts, eightillustrations by the author throughout text.Untrimmed and re-bound in later blue cloth, gilt titleon spine. Minor staining and marking throughout but asound, tight copy

£300-350

First edition of one of the most important accounts ofmining life in California during The Gold Rush. “I donot know of another story by an actual miner that is sowell written and so true to that wonderful life in theDays of Gold” (Streeter). Borthwick’s images of thediggings are among the best-known and mostappreciated views of life in the mines



199

750CLARKE, The Rev. W.B. Researches in theSouthern Gold Fields of New South Wales.Reading & Wellbank, Sydney, 1860. Octavo, 314pages, fold-out map (torn). Original cloth backedboard with title laid on front cover. Binding showingsigns of age with rubbing, marking and bumps, also titlelabel partly removed at corners and the binding as awhole a little shaky. Nevertheless, clean internally and adecent copy of a very rare work

£350-450

A classical geological account of New South Wales by oneof the earliest and best known Australian geologists

751CLELAND, E. Davenport. West Australian MiningPractice. A Description of the Mining Methodsfollowed by the principal Gold Mines of WesternAustralia. Published by The Chamber of Mines ofWestern Australia (Inc.) Kalgoorlie/London, 1911.Quarto, 284 pages plus 16 pages of adverts; 14 plates,110 illustrations plus folding charts. Original olivecloth, gilt titles, rather worn at corners and top and baseof spine. Neat ownership inscription at front. Rare

£150-180

A comprehensive early technical work on mining


————— 752 —————

752COHEN, Louis. Reminiscences of Kimberley.Bennett & Co., London, 1911. Octavo, 436 pagesplus 4 pages of adverts. Original purple cloth, gilt,slightly faded and a little rubbed with a few marks butotherwise and very good copy of this extremely scarce book.A handwritten note on the half-title reads “The issueof this novel was recalled from publication shortly afterissue”

£200-250

Louis Cohen was a journalist, a diamond buyer and astockbroker, he was a cousin of Barney Barnato andjoined him in partnership in 1873. This edition waslimited to 80 copies only and was withdrawn from sale bythe publishers as these reminiscences were considered soscandalous. Cohen and the publishers were sued for libelby the mining magnate Sir J.B. Robinson and fined£1000 and £100 respectively. Pasted in at the back of thiscopy is a lengthy and fascinating cutting from TheTimes, Wednesday, November 22, 1911 regarding SirJoseph Robinson’s libel action. A handwritten note onthis cutting notes “Cohen got 3 years for perjury inconnection with this trial, at a subsequent date”


754

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753CORNELL, Lieut. Fred C. The Glamour ofProspecting. Wanderings of a South Africanprospector in search of copper, gold, emeralds, anddiamonds. F.A Stokes, New York, 1920. Octavo, 348pages, fold-out map at back, illustrations throughoutbook. Original maroon blind-embossed cloth, gilt titleon spine, rubbed at corners and top and bottom of spine.Clean and sound internally. WITH: BLELOCH, W.E.& O’FLAHERTY, A.E. A Thousand MillionPounds For Us or Germany? The Gold of the FarEast Rand. Johannesbury, 1917. Quarto, 336 pages,folding maps in pocket at back. Original green cloth,gilt, minimal wear. WITH: NICHOLAS, F.C. MiningInvestments and How to Judge Them. Moody’sMagazine, New York, 1909. Small octavo, 233 pagesplus 7 pages of adverts at back. Original green cloth,titled in black on cover and spine, minimal wear (3)

£100-150

Frederick Carruthers Cornell was born in Devon in1867. As a young man he commenced his mining careerin Brazil and then Mexico before travelling to SouthAfrica in 1901. He made many prospecting trips in thecourse of his 20 years in South Africa: to Namaqualandand the Richtersveld and South West Africa searchingfor gold, copper and diamonds but was never fortunateenough to make a significant find

754DAW, John W. Ashanti Goldfields CorporationLimited. Lecture on the Development of GoldMining on the Corporation’s property in Ashanti,by the General Manager and Consulting Engineer.Tillotson Press, London, 1902. Quarto, 94 pages,photographic illustrations throughout plus maps andcharts. Original cloth backed boards, minimal wear,covered in glassine wrapper. Extremely rare, no copylisted in any library worldwide

£250-300

An early illustrated company history with pictures ofmines, workers, living conditions, etc

755DENNY, G.A. Deep-level Mines of the Rand.London, 1902. Quarto, 170 pages plus 10 pages ofadverts at back, folding charts and illustrations in text.Original red cloth, worn but with protective glassinecover

£80-100

A scientific and technical treatise on the Randgoldmines

756GALLARD, J.A.L. Mines and the SpeculativeInvestor. A guide to the Mining Markets. Walter R.Skinner, London, n.d. (1920). Octavo, 64 pages, 2plans. Original printed boards, slightly grubby, backhinge a little loose

£20-120

Based on a series of articles for the Financial Times forwhom Gallard was Mining Editor from 1902-1919



201

757G.B. & Co. Cape Town. The Gold and Diamond Fields of the Transvaal. Cape Town, ca. 1906. Oblong folio,570x235mm, consisting of two pages of introductory text followed by 12 panoramic views and 55 views of 175x120mm,of Johannesburg, Transvaal and Pretoria. Housed in an extraordinary illustrated, padded binding, all page edges gilt, brasscatch at right edge partly missing. Four of the large format plates show Robinson Deep Gold Mine, Crown Deep Gold Mine,“Simmer & Jack” Gold Mine and Cullinans “Premier” Diamond Mine. A very unusual and spectacular illustrated book

£2,000-3,000

758GODDEN, D. & ROBERTSON, W.N. AustralianMining Companies’ Accounts. London, 1902.Octavo, 80 pages plus 46 page catalogue ofpublications at back, 1 fold-out chart (partially torn).Original gilt cloth and boards, very clean and fresh withminimal wear

£150-200

One of the first guides to mining accounting


759GOLDMANN, Charles Sydney with KITCHIN,Joseph. South African Mines; their Position,Results & Developments: together with anAccount of Diamond, Land, Finance, and KindredConcerns. Three volumes, Effingham, Wilson & Co.,London/Argus Publishing, Johannesburg, 1895-96.Quarto, 624, 216 pages, plus separate volume of 99folded plans, diagrams and charts. Original blind-embossed burgundy cloth, title gilt on spine and frontboard, minimal wear, a fine set of this exceptionally rarework. The greatest work ever produced on South Africanmining

£3,000-4,000


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760JUKES, J.B. et al. Lectures on Gold. For theInstruction of Emigrants about to Proceed toAustralia. [Lectures delvered at the Museum ofPractical Geology]. David Bogue, London, 1852.Octavo, 224 pages, plus 24 pages of advertising atback. Illustrations in text. Plain contemporary boardswith printed cover laid over. Somewhat rubbed butclean and solid internally

£150-200

761KELLY, William. Life in Victoria or Victoria in1853, and Victoria in 1858 showing the march ofimprovement made by the colony within thoseperiods, in town and country, cities and diggings.Chapman & Hall, London, 1859. Two volumes,octavo, 398 + 370 pages, fold out map. Originalblind-embossed blue cloth, rather worn at top and base ofspine and corners of binding, some foxing to titles andprelims. Neat ownership inscription in volume one

£400-500

Describing the changes throughout the colony in just fiveshort years with much information on the local mining

762LANG, John Dummore. The Australian Emigrant’sManual; or, A Guide to the Gold Colonies of NewSouth Wales and Port Phillip. London, 1852, 2ndand best revised edition. Small octavo, 126 pages.Original brown blind-stamped boards, title gilt on frontboard, corners bumped and a little rubbed at edges,minor foxing to some pages, otherwise very good

£300-400

Captain W.H. Hitchcock’s copy who erected a miner’stent in Ballarat in 1851

The book offers advice to would be emigrants emphasisingthe difficulties

763LUCAS, The Hon. John. Mines and MineralStatistics of New South Wales and Notes on theGeological Collection of the Department of Mines,also, Remarks on the Sedimentary Formations ofN.S. Wales, by The Rev. W.B. Clarke, and Notes onthe Iron and Coal Deposits, Wallerawang, and onthe Diamond Fields, by Professor Liversidge.Thomas Richards, Government Printing Office,Sydney, 1875. Octavo, 254 pages, maps, illustrations,folding charts and maps throughout plus two largefolding maps in pockets on inside covers. A veryattractive copy bound in half green morocco, gilt ruledand stamped with 5 raised bands on spine, marbledendpapers and speckled pages edges. Slight wear tocorners and spine ends but a solid and clean copy of thisextremely rare work

£150-200

An attempt to quantify the output and value of theminerals won from the mines of New South Wales up to1874 with detailed analysis of the output from eachmining field. It tracks the progress of output ofdiamonds, gold, tin, coal, iron and gem stones from eachmine and describes, in great detail, the conditions,labour costs etc. A remarkable work

764MABSON, R.R. Mines of the Transvaal 1900.London, n.d. (1900). Octavo, 378 pages, foldingmaps at back. Original red cloth, gilt. Neat ownershipinscription at front, title page clipped at corner,otherwise a good clean copy

£100-150

A comprehensive statistical handbook listing quoted anunquoted companies providing information derivedmainly from reports and other official data as to theposition of Randt mining undertakings, with some briefparticulars of other Transvaal companies



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765MACLAREN, J. Malcolm. Gold: Its GeographicalOccurrence and Geographical Distribution. TheMining Journal, London, 1908. Small, thick quarto,712 pages, well illustrated throughout withphotographic plates, line drawings, tables and maps.Original green cloth, title gilt on spine, minimal wear,some spotting on pages but a very clean and sound copyof this uncommon geological work charting thedistribution of gold throughout the world

£250-300

766MARRYAT, Frank. Mountains and Molehills orRecollections of A Burnt Journal. Longman,Brown, Green & Longmans, London, 1855. First UKedition. Royal octavo, 456 pages, colour tintedillustrations by the author throughout. Later greenbuckram, spine gilt, minor foxing and browning to pageedges

£300-400

Considered one of the best accounts of the gold mines inCalifornia in the 1850’s

767MOIL, A. Mining and Mining Investments.Methuen, London, 1904. Octavo, 190 pages, fold-outcharts, plus 40 pages of advertisements. Ex-librarypresentation copy from the author to the Germanmining institute with original library ticket, withlibrary stamps on prelims. Original red cloth, blind-stamped on cover and gilt spine. Clean and tight

£150-200

A comprehensive work on all aspects of mining includingchapters on valuations and mining shares

768MURCHISON, J.H. British Mines Considered as aMeans of Investment; with particulars of theprincipal dividend and progressive mines inEngland and Wales. Mann, Nephews, London,1854. Octavo, 200 pages. Original blind-stampedboards, gilt title on spine, a little rubbed anddiscoloured, corners bumped. Ownership inscription ontitle-page partly rubbed out

£250-300

A scarce and very early guide to British miningcompanies

769PHILIP, George & Son. Philips’ new map of thegold producing colonies of Australia comprisingthe three provinces of New South Wales, Victoriaand South Australia from recent surveys, &c. : thegold & other mining districts carefully laid downfrom Parliamentary returns and other officialdocuments. Liverpool, 1853. 1000x640mm. Handcoloured lithographed folding map of SouthernAustralia (Engraved by J. Gellatly), and its goldfieldsthose recently discovered highlighted in yellow.Victoria, which was newly formed in 1851, is shownhere. A rare item which was unrecorded by Tooley inhis mapping of Australia. Mounted in original blind-embossed cloth case with title label laid over, label ratherworn, binding worn at edges, map in good order, twosmall tears on central fold

£400-500



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769APRAAGH, L.V. The Transvaal and its Mines (TheEncyclopedic History of the Transvaal). Praagh &Lloyd, London and Johannesburg, 1906. Large thickquarto (12 1⁄2 x 10 ins), 640 pages plus 8 page index.Profusely illustrated throughout, many folding plates.Original decorative maroon morocco, title in gilt onupper board and spine, arms of Transvaal gilt on upperboard, blind ruled on back board, five raised bands onspine, bevelled edges to boards, all page edges gilt,printed on art paper. Minimal wear to corners, a veryfine copy of this major work on the Transvaal, featuringits mines, agriculture, commerce etc

£300-400

770PRESHAW, G.O. Banking Under Difficulties orLife on the Goldfields of Victoria, New SouthWales & New Zealand. Edwards, Dunlop & Co.Melbourne, 1888. Octavo, 192 pages, green cloth,title gilt on spine, binding a little worn at edges and abit dull. A presentation copy

£80-100

In 1852 Preshaw emigrated with his father to Australia.This memoir is unusual because of the long period itcovers, describing both his father’s and his own days at theVictoria diggings

771PROESCHEL, F. Pocket Guide to the Gold Fieldsof Victoria. Melbourne, ca. 1859. 500x420mmfolding map on linen housed in original card covers withtitle label laid on front. In very good condition apartfrom some foxing

£1,000-1,200

Very scarce and attractive hand-coloured pocket mapcompiled and reduced from the Government maps by thefamous German map maker F. Proeschel with anattractive vignette at top showing a settlement withprospectors working

772READ, C. Rudston. What I Heard, Saw, And Didat the Australian Gold Fields. T. & W. Boone,London, 1853. Octavo, 336 pages, folding map atback plus illustrations in text. Original blind-embossedblue cloth, spine gilt. Marks and rubbing to cover, somestaining, spotting and marking throughout, pages edgesa little grubby. Frontispiece tint stained and torn atcorner, now repaired, title-page torn at corner andstained. A very rare work and scarce in any condition

£300-400

An early picturesque and descriptive portrayal of dailylife



205

773REUNERT, Theodore. Diamonds and Gold inSouth Africa. First edition, J.C. Juta & Co.,Johannesburg, 1893. Octavo, 258 pages, 2 foldingmaps and over 30 illustrations throughout. A cleanand sound copy in the original green cloth, gilt-letteredon front and spine, minor wear to corners and spineends. Fine

£150-200

Ex-Libris I & F.W. Hosken, compilers of A Catalogue ofBooks on Africa, mainly south of the Equator, in thelibrary of Ida and F.W Hosken. Johannesburg, 1981. Animportant early work which, apart from importantcoverage of diamonds and the diamond industry, coversthe new Witwatersrand and De Kaap goldfields shortlyafter their discovery and the founding of Johannesburg.A rare work especially in this condition

774RUGG, Rowland. Matabililand: Its Gold Fields,Boundaries, Geology, Mineral and otherResources, History, and Armed Strength. The TatiDistrict, the Mining Concessions and RoyalCharter of the British South African Company,compiled from Official Information, and theTravels of Dr. Livingstone, Herr Mauch, Thos.Baines, Mr. Selous and others. E. Forster Groom,London, 1890. Octavo, 136 pages, coloured map atfront. Bound in modern half calf with marbled boards,gilt tiltes and raised bands with original paper coversbound in. Original covers slightly tatty and somespotting on early pages otherwise a clean and tight copyof this rare work in a very attractive binding

£250-300

775SHERER, John. The Gold-Finder of Australia;How He Went, How He Fared, and How HeMade His Fortune. Clarke, Beeton & Co., London,1853. Octavo, 384 pages, 48 engravings throughoutby the well-known artist S.T. Gill. Half maroonmorocco, title gilt on spine, marbled boards ratherrubbed and binding worn at edges, some spotting onpages throughout but a sound copy

£150-200



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776SMITH, C. Barclay. Australian Gold Prospectors’Handbook. Deaton & Spencer, Sydney, 1931. Smalloctavo, 112 pages, line drawings and diagrams in text.Original orange card covers, a little faded and worn atedges but sound

£80-100

A guide to prospecting during the depression for theunemployed

777SOLA, A.E. Ironmonger. Klondyke: Truth andFacts of the New El Dorado. London, The Miningand Geographical Institute, 1897. Small quarto,photographic fronstispiece portrait of the author, 92pages plus 10 pages of adverts at back, 25 halftoneplates, 4 maps (1 folding at rear). Original gilt stampedgreen cloth, a little worn at edges but generally very good

£150-200

An excellent personal account based on four yearsobservation in the Klondyke area as a prospector, withadditional information from government sources on theroutes, mining regulations, and placer mining, alongwith advice on clothing requirements, staking claims, thenatives, game, etc



207

778STIRLING, Patrick James. The Australian andCalifornian Gold Discoveries and their probableconsequences; or, An inquiry into the laws whichdetermine the value and distribution of theprecious metals: with historical notices of theeffects of the American mines on European pricesin the sixteenth, seventeenth and eighteenthcenturies. In a series of letters. First edition, Oliver& Boyd, Edinburgh, 1853. Octavo, 280 pages plusfolding table (slightly defective with small tape repair toback); original blind-stamped red cloth, glit-lettered onspine, fading to spine and slight wear at spine ends. Ex-library with labels removed from front pastedown andendpaper causing small hole to endpaper. Internallyclean and sound. Very good

£150-200

One of the rarest of the early goldfield works and one ofthe few that link the Californian and Australiandiscoveries. The author discusses the historical effects onEuropean prices and considers the commercial potentialof the 1850’s discoveries on commerce, agriculture andmanufacturing together with some of the wider effects onthe World economy. A very scarce and important work

779THE AFRICAN REVIEW. Map of Rhodesia(Showing the Gold Districts). London, ca. 1905.Large folding map, 800x690mm showing thegoldfields in yellow. Very good condition. Housed inoriginal green cloth folder with title label laid on

£200-250

780TREDDINICK, R. A Review of Cornish and DevonMining Enterprise, 1850 to 1856 inclusive.Thompson and Vincent, London, 1857. Octavo, 160pages, fold-out chart of Dividends of Profits declaredfor each mine for the period plus fold-out colouredmap of mines. Original grey boards, gilt title on cover.Spine slightly damaged and worn at extremities, boardsrubbed and marked in places. Pages a little spottedthroughout otherwise clean and tight. Very scarce

£200-300

Treddinick was a stockbroker with offices at 8 GreshamHouse, Old Broad St. This is an extensive survey of theCornish and Devon mines with his recommendations



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781WEINTHAL, L. Memories, Mines and Millions.Being the life of Sir Joseph B. Robinson, Bart.London, 1929. Quarto, tipped-in photographicfrontispiece of Sir Joseph Robinson, 248 pages, 4other tipped-in photographs plus numerous otherillustrations throughout. Original red cloth, titles gilton front and spine. Binding a bit rubbed and knockedand a little loose

£60-80

782WELTON, William S. Practical Gold-Mining, itscommercial aspects. A collection of statistics and datarelating to gold-mining and gold-mining financecompanies. W.R. Russell & Co., London, 1902.Octavo, 216 pages. Ex-library presentation copy fromthe author to The Institution of Mining andMetallurgy, London with library stamps at front andon spine. Original red cloth, glit stamped. Coversrubbed and a little dusty but a good copy of this rarework

£150-200

The book aims to present statistics and data relating togold-mining companies formed to assist those who may beinclined to invest in gold-mining to discriminatebetween purely speculative propositions and those whichpresent the elements of commercial success



209

783WESTGARTH, William. Victoria and the Australian Gold Mines in 1857; withnotes on the overland route from Australia, via Suez. Smith, Elder & Co.,London, 1857. Octavo, 482 pages plus 16 pages of advert and 2 folding maps.Original blind-stamped decorative green cloth, gilt title on spine with minimal wear.,Ex-library presentation copy from the author to Torquay Natural History Society.Title-page trimmed at top with part of inscription missing only

£350-450

An important work on the colony of Victoria by an early settler and a prominent figurein the social and political development of Victoria

END OF THE SALE




teL. home ______________________________________________ teL. offiCe ____________________________________________

fax ____________________________________________________ e-maiL ________________________________________________

signature _______________________________________________ vat number ___________________________________________

please indicate the type of card: visa visa debit masterCard sWitCh ameriCan express

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 payment terms agreed)

please hold my purchased lots for collectionContinued ...

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saLe titLe date Code name saLe no.

Bonds and Share Certificates Thursday 28 November 2013 HOUBLON 13017of 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 will be the sum of the final bid and buyer’s premium as a percentage of the final bid as well as any vatchargeable. the rate of premium is 20% of the final hammer price of each lot.

all bids shall be treated as offers made on the terms and Conditions for buyers printed in the catalogue. i also understand that spink provides the service of executingbids on behalf of clients for the convenience of clients and that spink will not be held responsible for failing to execute bids. if identical commission bids are received forthe same Lot, the commission bid received first by spink will take precedence. please note that you will not be notified if there are higher written bids received.

PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN STERLING

Lot number(in numerical order)

price bid £(excluding buyer’s premium)





69 Southampton Row, Bloomsbury,London WC1B 4ETtel: +44 (0)20 7563 4034fax: +44 (0)20 7563 4037email: [email protected]

YOU CAN ALSO BID IN REAL TIME ON SPINK LIVE.JUST VISIT WWW.SPINK.COM, REGISTER AND

SIGN UP FOR THE SALE.

WRITTEN BIDS FORM

this form should be sent or faxed to thespink auction office in advance of the sale.references for new clients should besupplied in good time to be taken upbefore the sale. bids received later thanone hour before the start of the sale maynot be processed.

name ______________________________________________________

address ____________________________________________________

____________________________________________________________

____________________________________________________________

postCode ___________________________________________________


28 NOVEMBER 2013

LONDON


PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN STERLING

REFERENCES REQUIRED FOR CLIENTS NOT YET KNOWN TO SPINK

trade referenCes ________________________________________________________________________________________

banK referenCes _____________________________________________________________________________________________________







date saLe no.

Thursday 28 November 2013 13017at 10.00 a.m.

VAT is chargeable on the hammer price andthe buyer’s premium of daggered (†) and (Ω)lots at the standard rate (currently 20%), andon lots marked (x) at the reduced rate(currently 5% on the hammer price and 20%on the buyer’s premium). vat on marginscheme lots (identified by the absence of anyvat symbol next to the lot number) ispayable at 20% on the buyer’s premium only.

BIDDING INCREMENTSbidding generally opens below the low estimate and advances in the following orderalthough the auctioneer may vary the bidding increments during the course of theauction. the normal bidding increments 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


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 (07/11) (20)

1 DEFINITIONS

The 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 ResponsibilityYou are responsible for satisfying yourself as to the condition of thegoods and the matters referred to in the catalogue description.

3.4 Extensions – Stamps only3.4.1 If you wish to obtain an expert opinion or Certificate of

Authenticity 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 have

the same effect as notice of an intention to question thegenuineness or description of the Lot for the purposes of clause5.13 (Refund in the case of Forgery) of these Terms andConditions and the provisions of clause 5.13 (Refund in the case ofForgery) 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. We reserve the right, at our discretion, torefuse a request for an expert opinion or Certificate of Authenticityincluding (without limitation) where the proposed expert is notknown to 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. Youacknowledge and accept that the length of time taken by an ExpertCommittee to reach an opinion will vary depending on thecircumstances and in any event is beyond our control.

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 admissionOur 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 biddingYou 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.If you have not bid successfully with Spink in the past, or you areregistering with us for the first time, we reserve the right to require adeposit of up to 50% of the amount you intend to spend. Such depositwill be deducted from your invoice should you be successful. If you areunsuccessful at auction, your deposit will be returned by the samemeans it was paid to Spink.Some lots may be designated, prior to the auction, as “Premium Lots”,which means a deposit may be required before placing a bid on theitem for sale. Information will be posted on our website in such anevent.


Spink Uni (07/11) (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 Barclays BankPlc or any other appropriate rate determined by us, at opening on thedate of the auction. Bidding will take place in a currency determined byus, which is usually sterling for auctions held in London. The currencyconverter is not always reliable, and errors may occur beyond ourcontrol either in the accuracy of the Lot number displayed on theconverter, or the foreign currency equivalent of sterling bids. We shallnot be liable to you for any loss suffered as a result of you following thecurrency 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 BidSubject 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 ArrangementsIf 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.

4.14 Return of LotOnce your bid has been accepted for a Lot then you are liable to payfor that Lot in accordance with these Terms and Conditions. If thereare any problems with a Lot then you must notify us within 7 days ofreceipt of the Lot, specifying the nature of the problem. We may thenrequest that the Lot is returned to us for inspection. Save as set out inclause 5.13, the cancellation of the sale of any Lot and the refund ofthe corresponding purchase price is entirely at our sole discretion. Wewill not normally exercise that discretion if the Lot is not received byus in the same condition that it was in at the auction date.

5 AFTER THE AUCTION5.1 Buyer’s Premium

In addition to the Hammer Price, you must pay us the Buyer’sPremium at a rate of 20% of the final Hammer Price of each Lot.

5.2 Value Added TaxOther than in respect of Zero-rated Lots (o) VAT is chargeable on theHammer price and the Buyer’s premium of daggered (†) and (Ω) lotsat the standard rate (currently 20%), and on lots marked (x) at thereduced rate (currently 5% on the Hammer price and 20% on theBuyer’s premium). VAT on Margin scheme lots (identified by theabsence of any VAT symbol next to the lot number) is payable at 20%on the Buyer’s premium only.

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 EU5.3.4 VAT refunds are available on the Hammer Price and Buyer’s

Premium 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 EU5.3.6 Where a Lot is included within the Auctioneers’ Margin Scheme

and evidence of export from the EU is produced within 3 monthsof the date of sale, the VAT on Buyer’s Premium 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 (07/11) (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 duehave been paid in full. This includes instances where specialarrangements were made for release of Lot prior to full settlement.

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 handling5.8.1 We shall use all reasonable endeavours to take care when

handling and packing a purchased Lot but remind you that afterseven days or from the time of collection, whichever is sooner, theLot is entirely at your risk. Our postage charges are set out at theback of the catalogue.

5.8.2 It is the responsibility of the Buyer to be aware of any ImportDuties that may be incurred upon importation to the finaldestination. Spink will not accept return of any package in order toavoid these duties. The onus is also on the Buyer to be aware of anyCustoms import restrictions that prohibit the importation ofcertain collectibles. Spink will not accept return of the Lot(s) underthese circumstances. Spink will not accept responsibility for Lot(s)seized or destroyed by Customs.

5.8.3 If the Buyer requires delivery of the Lot to an address other thanthe invoice address this will be carried out at the discretion ofSpink.

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 collect

Where 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 the

receipt of the Lot(s), that in your view the Lot concerned is aForgery;

5.13.1.2 you must then return the item to us within fourteen daysfrom receipt of the Lot(s), in the same condition as at theauction date; and


Spink Uni (07/11) (20)

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.

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 COPYRIGHT

7.1 We shall have the right (on a non-exclusive basis) to photograph, videoor 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.

10.5 Law and Jurisdiction10.5.1 These Terms and Conditions and any dispute or claim arising

out of or in connection with them or their subject matter, shall begoverned by, and construed in accordance with, the law of Englandand Wales.

10.5.2 The parties irrevocably agree that the courts of England andWales shall have exclusive jurisdiction to settle any dispute orclaim that arises out of, or in connection with, Terms andConditions 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 and packaging

Shipments of more than 2kg or volumetric measurement of more than 2kg have tobe sent by courier. Certain countries may incur extra charge when courier servicesare required by our insurance policy. For lots sent by courier please [email protected] for calculation of any further relevant cost in addition tothe above charges.

Value Added Tax (VAT)

Charging of (VAT) at AuctionThe information shown on this page sets out the way in which Spink intends toaccount for VAT.

i. Auctioneers’ Margin Scheme1. Where possible, we will offer Lots for sale under the Auctioneers’

Margin Scheme. Such Lots can be identified by the absence of anyVAT symbol 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 LotsLimited Categories of goods, such as books, are Zero-rated (o) for VAT inthe United Kingdom. Such Lots are offered under the Auctioneers’ MarginScheme. In these circumstances no VAT will be added to the Buyer’spremium.

iii. Daggered LotsLots which are Daggered (†) in the catalogue are subject to VAT at 20%on both the Hammer Price and the Buyer’s Premium.

iv. Starred and Omega LotsLots which are marked (x) in the catalogue are subject to VAT at 5% onthe Hammer price plus 20% on the Buyer’s premium. Lots which bear theOmega symbol (Ω) are subject to VAT at 20% on the Hammer Price andon the Buyer’s Premium. Such Lots bear VAT because the Lot is liable forVAT at this rate on importation into the EU.

v. Investment Gold LotsLots marked (g) in the catalogue are exempt from VAT on the HammerPrice and are subject to VAT at 20% on the Buyer’s Premium. A refund ofVAT charged on the Buyer’s Premium can also be made on receipt of proofof business as a collectibles dealer.

vi. Imported LotsLots which are marked (x) and Lots which bear the Omega symbol (Ω)have VAT charged on the Hammer Price and Buyers’ Premium becausethey have been imported into the United Kingdom from outside the EU.In these cases we have used a temporary importation procedure, which ineffect means that the point of importation is deferred until the Lot has beensold. At this point the Buyer is treated as the importer and is liable to paythe import VAT due. We will collect the VAT from you and pay it to HMCustoms and Excise on your behalf.

Invoice Value UK EU Rest of the WorldUp to £1,500 £10 £15 £20

Up to £10,000 £20 £30 £40

Above £10,001 £20 £50 £60

Weight UK EU Rest of the WorldUp to 1kg £8 for any weight £12 £15

Up to 2kg £8 for any weight £18 £25


GROUP CHAIRMAN AND CEO

Olivier D. Stocker

YOUR SPECIALISTS

STAMPS

UK - Tim Hirsch Guy Croton David Parsons Nick Startup Neill GrangerPaul Mathews Dominic Savastano Tom Smith Ian Shapiro

USA - George Eveleth Richard DebneyEUROPE - Guido Craveri Fernando Martínez

CHINA - Anna LeeCOINS

UK - Mike Veissid Paul Dawson Richard Bishop William MacKayEleanor Charlotte Dix Tim Robson Edouard Wyngaard Barbara Mears John Pett

USA - Stephen Goldsmith Greg ColeBANKNOTES, BONDS & SHARES

UK - Barnaby Faull Mike Veissid Andrew PattisonUSA - Stephen GoldsmithEUROPE - Peter Christen

ORDERS, DECORATIONS, MEDALS & MILITARIA

UK - Mark Quayle Oliver PepysBOOKS

UK - Philip Skingley Jennifer MulhollandAUTOGRAPHS

USA - Stephen GoldsmithWINES

CHINA - Anna Lee Guillaume Willk-Fabia

YOUR EUROPE TEAM (LONDON - LUGANO)

Chairman’s OfficeMonica Kruber Charles Blane

DirectorsTim Hirsch Anthony Spink

Auction & Client Management TeamMiroslava Adusei-Poku Eleanor Ball Luca Borgo Rita Ariete Dora Szigeti John Winchcombe

Kenichiro Imase María Martínez Maurizio Schenini

FinanceAlison Bennet Marco Fiori Mina Bhagat Dennis Muriu Billy Tumelty Dean Dowdall

IT & AdministrationBerdia Qamarauli Leszek Woronowicz Liz Cones Curlene Spencer

Tom Robinson Cristina Dugoni Giacomo Canzi

YOUR AMERICA TEAM (NEW YORK)

Chairman EmeritusJohn Herzog

Auction Administration and Marketing & DesignSonia Alves Luke Mitchell

Finance & AdministrationSam Qureshi Ingrid Qureshi

AuctioneerStephen Goldsmith

YOUR ASIA TEAM (HONG KONG - SINGAPORE)

Vice ChairmanAnna Lee

AdministrationAngie Ihlofung Amy Yung Newton Tsang Raymond Tat Gary Tan

BANKNOTES

5/6 December World Banknotes London 1303414/15 January The Collector’s Series Sale New York 31819 January Coins, Banknotes, Bonds and Share Certificates of China and Hong Kong Hong Kong 1401115/16 April World Banknotes London 14008

SALE CALENDAR 2013/2014

The above sale dates are subject to change

Spink offers the following services:– VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS –– SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

STAMPS

11/12/13 November The Collector’s Series Sale London 1304314 November The “Lionheart” Collection of Great Britain and British Empire - Part II London 1304914 November The Robert Marion Collection of Mauritius Stamps and Postal History London 1304815 November Postal History and Historical Documents London 1305011 December Great Britain Stamps and Postal History London 1304418 January Fine Stamps and Covers of China and Hong Kong Hong Kong 14010

COINS

2/3 December Ancient, British & Foreign Coins and Commemorative Medals London 1301514/15 January The Collector’s Series Sale New York 31819 January Coins, Banknotes, Bonds and Share Certificates of China and Hong Kong Hong Kong 1401126 March Specialist Islamic Sale London 1401226/27 March Ancient, British and Foreign Coins and Commemorative Medals London 14004

MEDALS

21 November Orders, Decorations, Campaign Medals & Militaria London 1300324 April Orders, Decorations, Campaign Medals & Militaria London 14001

BONDS AND SHARES

28 November Bonds and Share Certificates of the World London 1301714/15 January The Collector’s Series Sale New York 31816 January Bonds and Share Certificates of the Americas New York 31919 January Coins, Banknotes, Bonds and Share Certificates of China and Hong Kong Hong Kong 14011

AUTOGRAPHS

15 November Postal History and Historical Documents London 1305028 November The Bruce Lee Memorabilia Sale Hong Kong 1305114/15 January The Collector’s Series Sale New York 318

WINES

17 January An Evening of Exceptional Wines Hong Kong SFW04


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28 NOVEMBER 2013

LONDON
