Previous Lot Next Lot

Auction: SW1008 - Bonds and Share Certificates of the World
Lot: 151

Fabbrica Italiana Automobili Torino (F.I.A.T.) Una Azione da 200 L., Torino, 1 Marzo 1948. Nr. 226.825. Decorative and very rare share with symbols of Fiat's business activities. Four stamps for exercised rights in various capital increases. EF. The world famous car producer Fiat was founded in 1899 by a group of eight investors centered around Giovanni Agnelli (1866-1945). Agnelli led the Company until his death, while Vittorio Valletta administered the firm’s daily activities. Its first car the 3 ½ CV (of which only 24 copies were built, all bodied by Alessio of Turin strongly resembled contemporary Benz, and had a 697 cc boxer twin engine. In 1903, Fiat produced its first truck. In 1908, the first Fiat was exported to the US. That same year, the first Fiat aircraft engine was produced. Also around the same time, Fiat taxis became popular in Europe. In 1910 Fiat was the largest automotive Company in Italy — a position it has retained since. Fiat has also manufactured railway engines and carriages, military vehicles, farm tractors, and aircraft. In the car sector, Fiat has acquired numerous other companies; e.g., it acquired Lancia in 1968, became a shareholder of Ferrari in 1969, took control of Alfa Romeo from the Italian government in 1986, purchased Maserati in 1993, and became the majority shareholder of Chrysler in 2011.

Estimate
SFr2,000 to SFr2,500