SPINK LONDON | On the
20th May Spink will be holding a Bonds and Share
Certificates of the World sale full of some of the most interesting
pieces to come on the market in recent years. The sale also
contains two fantastic collections amassed over many years through
hard work and dedication to scripophily: the Menzel collection, and
the second offering of the Peter Duppa-Miller Collection of Gold
Mines of the World.
An extremely important warrant
signed by Lord Wellington commanding British forces in Spain and
Portugal. Wellington's headquarters were at Alverca in Portugal
where he tried to consolidate his position against the advance of
French forces. It was at this time that the Lines of Torres Vedras
were buitl completely in secret. The document, dated 5th July 1810
at Alverca, simply signed 'Wellington' is addressed to John Paramor
Bays, Deputy Paymaster General instructing him to receive £78,000
from Robert Hugh Kennedy, Commissary General and to draw bills as
and when necessary. A very important document in superb condition,
a delightful piece for the avid collector.
Lot 328, estimated: £3,500-3,800
From the Menzel collection comes
one of themost valuable examples of scripophily in history. Lot
873, is an 1870 founders share certificate for $100 from the
Standard Oil Company, issued by John D. Rockefeller and signed by
him twice, once as President and the stock transfer, on the
reverse. It is also signed three times by H.M. Flagler, once as
Secretary, once on the revenue stamp and one time for
The Standard Oil Co. Inc. was
established in January 1870 by John D. Rockefeller (1839-1937), who
was its mastermind, founder, chairman and major shareholder.
Standard Oil was without doubt one of the most powerful companies
in history. Never before or after has one single company been able
to create a worldwide market for oil products and control the whole
production chain from the oil wells to the consumer. It dominated
the oil product markets for many years through aggressive
horizontal integration in the refining sector, then, in later years
through vertical integration. It was also an innovator in the
development of the business trust. It streamlined production and
logistics, lowered costs, and undercut competitors.
Its controversial history as one of
the world's first and largest multinational corporations ended in
1911, when the United States Supreme Court ruled that Standard was
an illegal monopoly and had to be dissolved into 34 "smaller"
companies. Two of these companies eventually became Exxon and
Mobil. With the dissolution of the Standard Oil, Rockefeller became
the richest man in the world.
Founder shares of the Standard Oil
are extremely rare. In the 1960s, the president of Exxon presented
approximately two handfuls of theses Founders shares as a gift to
his Vice-Presidents. These certificates are now all in collectors'
hands and have not been seen on the market for many years. What
makes this certificate one of the most valuable pieces of
scripophily in history, is the fact, that it is issued to J.D.
Rockefeller himself and represents a capital of Mio. $2.4, nearly a
Quarter of Standard Oil's capital. A truly historic
Lot 873, estimated: £30,000 -
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
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