

6
Dear Sir or Madam,
We are proud to present a high quality scripophily offer.
The 50 highlights of the auction are shown with large pic-
tures and texts in German and English or Russian langua-
ge. As done in the last auctions we divided the auction in
two parts. The first part is the 37th auction (public auc-
tion) at April 18th. It contains the lots 1 to 835. It is our
goal to offer in the public auction those lots, which are
interesting for collectors attending our live auctions.
Therefore you will find many rare items in our 38th auction
(online auction), too. This auction contains the lots 836 to
2,152. Please use our indices and our search engine at our
web page. The web page is available in eleven languages! At
the web search you can also combine your search. You can for example only
look for items from one idustry from one country. This will give you a quick
overview over the items which are fitting in your collection.
One focus at our autumn auction is scripophily from Germany. We got one
of the oldest German collections consigned. Several items of this collection
were bought on an auction which took place on 3 April 1977. The auction,
held by the Berliner Disconto Bank, was the first German Scripophily auc-
tion. The items were in the collection since that time. The second part of
this collection will be auctioned on our autumn auction.
With this auction we start with a new section: papermoney. We offer 53
lots with papermoney starting with lot 783. We have high quality consign-
ments especially for African countries. There will be a se-
cond reform in this auction: The auction fee will be 18 per
cent plus VAT on the auction fee. This step was necessary
because of reduced turnover with speculative items and
the reduced business with Russian items. We appreciate
your understanding.
The auction will take place in the Barockhäuser (Grei-
singsäle) at Neubaustr. 12, 97070 Würzburg (Germany).
Please feel free to contact us for free maps. After the auc-
tion there will be a dinner at Backöfele restaurant (Ursu-
linengasse 2, Würzburg) only 300 meters away from the
auction room). If you want take part there, please make
reservation with our office (E-Mail:
auktion@hwph.deor Telephone: +49-
8106-246186). Deadline is April 15th.
Our autumn auction 2015 will take place in Wiesbaden on October 17th,
2015. We will hold an auction in Würzburg again in spring 2016. We are
looking for high quality consignments and whole collections for these two
auctions already now. Please make your suggestions and send me an e-
mail to:
auktion@hwph.de.
Have fun and good luck at finding new items for your collection!
Matthias Schmitt
Auction: Saturday, April 18th, 2015
9.00 a.m.
Viewing
11.00 a.m.
Auction (Lot 1 to 591, with coffee break)
3.00 p.m.
coffee break
3.30 p.m.
Awarding Journalist Price
3.40 p.m.
Auction TOP 50 (Lot 592 to 641)
4.00 p.m.
Auction (Lot 642 to 835, Russia, Papermoney)
6.00 p.m.
(Expected) End of the auction
7.00 p.m.
Dinner at restaurant Backöfele, Ursulinengasse 2,
(registration required until 15 April!)
On Sunday, 19 April, there will be the annual meeting of the Erste Deutsche Historic-Ac-
tien-Club e. V. (EDHAC) in the auction room. The meeting beginns at 9.00 a.m. Jörg Ben-
ecke will give a speech on investing money and the nature of money. All interested col-
lectors are wellcome to the EDHAC-Event. It is not necessary to be an EDHAC-member.
Venue / Location
Barockhäuser (Greisingsäle), Neubaustr. 12, 97070Würzburg, Germany
You will find a description of how to get there on page 7 (in German). We provide you
also with maps in major languages (German, English, French, Russian) for free. Please
feel free to contact us and request your map.
Absentee Bids
If you are not able to attend the auction: please send your bids as soon as possible, to
reach us by at least Friday, April 17th, 2015, noon (German time).
You can fax the bid sheet to:
From abroad: +49 8106 24 61 88
We confirm the receipt of your bid sheet via e-mail!
Your Contact Person
Matthias Schmitt:
schmitt@hwph.deTel.: +498106 24 61 86 or mobile +49 160 1527591
Inhaltsverzeichnis:
Auction Rules German
4
Important Notes German
5
Preface English
6
Auction Rules English
7
Description of how to get there
7
Important Notes English
8
Asia and Mid-East
9
North, Middle and South America
10
Autographs
14
Africa
14
Europe
15
18th Century
22
Varia
24
Southern Germany
25
Germany before 1948
39
Currency history on stocks
63
DM-Papers
64
Russia
81
Papermoney
97
Index by Region
Inserts
Index by Industry
Inserts
Index by Country
Inserts
Sources
105
Consignors List
105
Bid Sheet
Inserts
Preface
+++
Beware of delivery date cut off! Friday, April 17th, noon!
+++ Online Auction: April 20th, noon! +++
Beware of delivery date cut off!
Postal adress
HWPH Historisches Wertpapierhaus AG
Ingelsberg 17b, D-85604 Zorneding, Germany