54. Auktion fur Historische Wertpapiere Teil 1 Auktion 25 Januar 2020

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 54th auction (public auc- tion) on January 25th. It contains the lots 1 to 842. 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 55th auc- tion (online auction), too. This auction contains the lots 843 to 2,096. Please use our indices and our search engine at our web page. The web page is available in eleven lan- guages! At the web search you can also combine your search. You can, for example, only look for items from one industry from one country. This will give you a quick overview over the items which are fitting in your collection. We are proud to offer an outstanding selection of Scripophily in our auc- tion, especially the largest collection of stocks and bonds in relation to the Daimler-Benz AG (Lot 635). The collection shows many facets of business: Gottlieb Daimler and Carl Benz, two talented engineers – they never met personally – had many different struggles on the way to success. The mer- ger of the two companies was not organised by the two entrepreneurs, it was the work of Deutsche Bank. The bank had receivables against both companies and the autombile industry was in difficulties at the beginning of the 1920s. Therfore the bank organised the merger and exchanged their receivables into shares of the new company. Deutsche Bank provided the Chairman of the board for the following eight decades. But this did not prevent shareholders from bad management decisions by the CEOs Ezard Reuter and Jürgen Schrepp, which caused a bad stock market perfor- mance. 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 auction, there will be a dinner at Backöfele restaurant (Ursulinengasse 2, Würzburg) only 300 meters away from the auction room. The joint dinner starts at 7.00 p.m. in Backöfele itself. If you wish to take part there, please make re- servation with our office (e-mail: auktion@hwph.de or telephone: +49-8106-246186 ). Deadline is January 20th. The next auction will be on 12 September 2020 in Würzburg. We are looking for high quality consignments and whole collections for the May-auction 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, May 4th, 2019 9.00 a.m. Viewing 11.00 a.m. Auction (Lot 1 to 614, with coffee break) 3.00 p.m. coffee break 3.30 p.m. Auction TOP 50 (Lot 615 to 664) 4.00 p.m. Auction (Lot 665 to 842, Daimler-Benz, Russia) 6.30 p.m. (Expected) End of the auction 7.00 p.m. Dinner at (registration required until January, 20th!) 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, January 24th, 2020, 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.de Tel.: +498106 24 61 86 or mobile +49  160 1527591 Index: 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 Australia 12 North, Middle and South America 12 Autographs 17 Africa 19 Europe 20 18th Century 29 Varia 34 Collections 34 Southern Germany 39 Germany before 1948 56 Currency history on stocks 69 DM-Papers 69 Soccer-Special 85 Daimler-Benz 88 Russia 90 Index by Region Inserts Index by Industry Inserts Index by Country Inserts Sources 109 Consignors List 110 Bid Sheet 114 Preface ++ Beware of delivery date cut off! Friday, January 24th, noon! +++ Online Auction: January, 27th, noon! +++ Beware of delivery date cut off! +++ Postal adress HWPH Historisches Wertpapierhaus AG Ingelsberg 17b, D-85604 Zorneding, Germany