Wednesday, October 18, 2017

Uranium from Belgian Congo and more at Boone's 59th Auction

This Saturday, Boone's upcoming sale will take place in Brussels. The auction includes over 1,300 lots of historic bonds and shares and ends with the sale of a phenomenal, you can say epic, collection of Belgian banknotes. The event concludes with an international scripophily bourse on Sunday.

The auction's scripophily section features material from almost 90 countries. Top piece is a 1777 share in the Iron Bridge Trust, regarded by UNESCO as the symbol of the Industrial Revolution. Second highlight in the auction is a 1922 specimen certificate from Union Minière du Haut-Katanga, a star item in any Belgian Congo or world mining collection.

Lot 136 in the auction : Société Union Minière du Haut-Katanga , 1922

Union Minière du Haut-Katanga (UMHK) mined copper, uranium, radium, cobalt, gold and other minerals in Belgian Congo between 1906 and 1966. By the 1930s the company had a virtual monopoly of the world uranium market. The rich uranium ore was refined in UMHK's plant at Olen, Belgium. In the 1940s the Americans purchased tonnes of uranium to be used for their atomic bomb program. During WWII the Nazis captured over 1000 tonnes of uranium stored at Olen. It was recovered by US forces at the end of the war.
click image to enlarge

Mario Boone, 59th Auction and Bourse of Historic Shares and Bonds
Depicted is lot 525, Iron Bridge Trust, 1777.
According to UNESCO, the company marks the beginning of the Industrial Revolution.

A special catalogue has been printed for the sale of a unique collection of Belgian papermoney from as early as 1848 right until the introduction of the euro.

Auction details

  • Location : Brussels
  • Dates :  21 Oct  (Auction) 2017, 22 Oct  (bourse) 
  • Further info : see here 


Sunday, August 20, 2017

AIA's 44th Auction features hundreds of early US, Chinese and Worldwide stocks and bonds

Nearly 150 years after issue, a bond from The Franklin Silver Mining Company of Colorado, carrying a high content of American history, turns up in Bob Schwartz' upcoming auction of Banknotes, Scripophily, Coins and Security Printing Ephemera

The Franklin Silver Mining Company was established in 1868 near Idaho Springs, Colorado. Its Franklin Lode was a large and rich vein of solid mineral. By 1906 the mine produced over a million dollars. The company's bond, lot 831 in the auction, is signed by Civil War hero Benjamin Franklin Fisher.

Sixty of these gold ink printed $100 bonds were part of a $60,000 loan
 issued in 1869 by The Franklin Silver Mining Company of Colorado.
The bond was "convertible into the stock of the corporation at its par value,
and redeemable at the option of the company at any time after three years."
Signed by civil war hero Benjamin Franklin Fisher as the company's President.
Click image to enlarge

Two months after the outbreak of the American Civil War, Benjamin Franklin Fisher (1834-1915) went into service as 1st Lieutenant, Company H, 3rd Pennsylvania Reserves in June 1861. He was detached to the Signal Corps where he produced intelligence reports from observation posts. Promoted to the rank of Captain, he commanded a detachment of signallers from February 1862 with General Hooker, and on the Peninsular Campaign under McClellan. During the movement to Chancellorsville Capt. Fisher was the first to detect and report Confederate General Lee's movements up the Rappahannock river at the beginning of the campaign into Pennsylvania. 
On June 17, 1863, while tailing Confederate lines near Aldie, Virginia, Fisher was captured and sent to Libby Prison in Richmond. There he was joined by Lieutenant Causten, his future brother-in-law. On February 9, 1864, 109 prisoners tunneled out of Libby Prison, including Fisher and Causten. That night they passed guards unnoticed, hided through the day in the thickets and the swamp jungles of the Chickahominy river, and continued their escape at night time. Both endured a two-day lasting snow storm and evaded search parties for several days. Then on February 18, they ran into the enemy and were shot at. His future brother-in-law was recaptured but Fisher escaped and found his way to Union lines at Williamsburg, February 21 1864. Fisher, Brevetted Brigadier General, resigned November 15, 1866 and started practising law in Philadelphia.

US, Chinese, Middle Eastern & Worldwide Banknotes,
Scripophily, Coins, and Security Printing Ephemera
featuring additional selections from the
Alexander I. Progrebetsky Family Archives of Rare Chinese Banknotes

Archives International Auctions' 44th sale takes place on Tuesday, August 29th, at Fort Lee, New Jersey. The sale includes about 300 antique stocks and bonds spread over several sections such as Chinese government bonds, treasury bills from Russia, US mining, US railroads and much more.

Auction details

  • Date : August 29, 2017
  • Place : Fort Lee, NJ 
  • Further info : see there and PDF version of the catalogue here