SPINK LONDON | Spink are pleased to
announce that the 17th and 18th November will see a
superb sale of Bonds and Share Certificates of the World in London.
The sale will feature, amongst others, the Helmut Stahl Collection
of Casinos, the third part of the Duppa-Miller Collection of Gold
Mines, and selected items from the Menzel collection.
The long awaited Austrian bonds and
share certificates from the German Ministry of Finance (BADV) is
also on offer, with over 750,000 items in 260 lots. There are
nearly 1,000 different bonds and shares dating from 1855-1945.
After the 'Anschluss', the unification with Germany in 1938, these
papers were transported to and stored in the impenetrable vault of
the Reichsbank in Berlin and survived all of the Second World War
bombs and subsequent Soviet occupation. Following the German
reunification, the German Ministry undertook the settlement of all
legal claims. With this process completed, this historically
important collection of Austrian certificates can now finally be
sold: a unique opportunity for collectors, dealers and investors.
Any revenue generated by this auction will go directly to the
Nazi-Crimes Compensation Fund.
A large part of the section covers
bonds and shares from the 63-year long reign of Emperor Franz
Joseph I, best remembered for Austria's conflict with Prussia
during the war of 1866. Of particular importance within this
section is the first loan issued by the new Austro-Hungarian
Empire, the "Unification Loan". Its purpose was to take on the
entire stock of debt of the old Austrian empire. The loan consisted
of four issues pf perpetual loans in the months of July, August,
October and November of 1868 with identical conditions and print
layout and only colour variations according their nominal values. A
noteworthy peculiarity is that two issues paid interest in bank
(state) notes and the other two in silver hard cash, "Klingender
Another sizeable section of the
sale is made up of the 'Helmut-Stahl-Collection', the biggest
worldwide collection of casino shares, consisting of nearly 300
items issued in over 20 countries between 1830 and today. It gives
a unique overview of the intriguing history of casinos as well as
the 'queen of gambling' Roulette. Roulette and casinos have
contributed to human history as the symbolic "double edged sword",
they have created massive fortunes and destroyed the lives of many.
Despite the latter, they remain mythic places of hopes, dreams and
passions. The first game played in its present form was in Paris in
the 18th century. The first real casino opened in the
Belgian city of Spa in 1763. Due to the fact that the French
Revolution denounced gambling as a vice and hence limited its
enjoyment, casinos and gambling generally grew in German spa towns
like Baden-Baden and Bad Homburg instead.
The myth and magic surrounding the
potential of what could occur in a casino even inspired artists.
Lot 159, a Roulette de Monte Carlo., 20% Obligation F500 au
Porteur, was issued by Henri-Robert-Marcel Duchamp (1887 - 1968), a
French-American artist of the cubist school, father of the "Ready
Made". He designed the visually compelling item and founded the
company in November 1924 to finance his new passion for
Lot 159, estimated at £3,000 -
For more information, please
contact Mike Veissid:
Tel: +44 (0)20 7563 4075 |
SPINK LONDON | 69 Southampton Row |
Bloomsbury | London | WC1B 4ET
Spink is the world's leading
auctioneer of stamps, coins, banknotes, medals, bonds & shares,
autographs, books and wine. Since its foundation in 1666, the
Spink name has become synonymous with tradition, experience and
integrity. Holder of royal warrants and numerous records for prices
achieved at auction, Spink offers an unparalleled range of services
to collectors worldwide. Headquartered in London, with
offices in New York, Hong Kong, Singapore and Switzerland, Spink
holds over 70 auctions a year. Catalogues can be accessed
through the Spink website (www.spink.com) or via the
Spink App for iPhone and iPad.