Scriposale
Lot 243
Kreuger & Toll Company (Aktiebolaget Kreuger & Toll),
Nominal US-$ ...more Kreuger & Toll Company (Aktiebolaget Kreuger & Toll), Nominal US-$ 500.
London, 1 March 1929, 5 % Secured Sinking Fund Gold Debentures for US-$ 500, #D4-540, folds, stamps, Stock Purchase Warrant: "Right to Purchase 8 American Certificates Representing Participating Debentures" attached, estimate: € 60.
Ivar Kreuger was born in 1880 the son of a Swedish match manufacturer. In his adolescent years he was lured by adventure and travelled to America. There he worked as foreman for a railroad company and as a land surveyor. In 1907 Kreuger bought the European patents for inventions in the field of reinforced concrete construction from Julius Kahn. Double good luck for him, because Paul Toll, another construction engineer, had tried for the patents as well. They met and liked each other. In March 1908 the two of them founded the real estate and construction company Kreuger & Toll. In the beginning the capital was scarce, but Kreuger and Toll were smart: a new construction by the company Myrstedt & Stern had to be completed under extreme time pressure. Therefore the customer demanded that a contract penalty of 5,000 crowns be fixed for each day by which they missed the deadline. Kreuger accepted on one condition: for each day that Kreuger & Toll finished before the deadline, the customer had to pay 5,000 crowns. Due to the tightly measured time budget, the customer willingly agreed. In the end Kreuger & Toll were done two months early and another 300,000 crowns richer. One success beat the next. In 1916 the company already owned assets of three million crowns. However, things didn't go so well with his father s match factory. It was in trouble and could no longer withstand the pressure from abroad. Ivar knew what to do: he merged eleven smaller manufacturers into the Förenade Svenska Tändicksfabriken. Soon after the most important Swedish competitor was taken over. A few years later, the construction company Kreuger & Toll became a holding company for several investments in construction and match companies. After World War I the company acquired more and more foreign match manufacturers. Kreuger raised the money for the expansion through loans from the Swedish public. The liquidity became an advantage for Kreuger: he supplied European governments and in return had the monopoly for match production transferred to him. The corporation was headed for growth, even the Depression in 1929 it seemed to suffer well. But then the credit trap snapped: loans matured without new papers being placeable. Allegations of fraud arose. In the beginning of 1932 the question for Kreuger was to be or not to be. On March 12, 1932, Ivar Kreuger was found dead with a gun in his hand
Nominal US-$ ...more Kreuger & Toll Company (Aktiebolaget Kreuger & Toll), Nominal US-$ 500.
London, 1 March 1929, 5 % Secured Sinking Fund Gold Debentures for US-$ 500, #D4-540, folds, stamps, Stock Purchase Warrant: "Right to Purchase 8 American Certificates Representing Participating Debentures" attached, estimate: € 60.
Ivar Kreuger was born in 1880 the son of a Swedish match manufacturer. In his adolescent years he was lured by adventure and travelled to America. There he worked as foreman for a railroad company and as a land surveyor. In 1907 Kreuger bought the European patents for inventions in the field of reinforced concrete construction from Julius Kahn. Double good luck for him, because Paul Toll, another construction engineer, had tried for the patents as well. They met and liked each other. In March 1908 the two of them founded the real estate and construction company Kreuger & Toll. In the beginning the capital was scarce, but Kreuger and Toll were smart: a new construction by the company Myrstedt & Stern had to be completed under extreme time pressure. Therefore the customer demanded that a contract penalty of 5,000 crowns be fixed for each day by which they missed the deadline. Kreuger accepted on one condition: for each day that Kreuger & Toll finished before the deadline, the customer had to pay 5,000 crowns. Due to the tightly measured time budget, the customer willingly agreed. In the end Kreuger & Toll were done two months early and another 300,000 crowns richer. One success beat the next. In 1916 the company already owned assets of three million crowns. However, things didn't go so well with his father s match factory. It was in trouble and could no longer withstand the pressure from abroad. Ivar knew what to do: he merged eleven smaller manufacturers into the Förenade Svenska Tändicksfabriken. Soon after the most important Swedish competitor was taken over. A few years later, the construction company Kreuger & Toll became a holding company for several investments in construction and match companies. After World War I the company acquired more and more foreign match manufacturers. Kreuger raised the money for the expansion through loans from the Swedish public. The liquidity became an advantage for Kreuger: he supplied European governments and in return had the monopoly for match production transferred to him. The corporation was headed for growth, even the Depression in 1929 it seemed to suffer well. But then the credit trap snapped: loans matured without new papers being placeable. Allegations of fraud arose. In the beginning of 1932 the question for Kreuger was to be or not to be. On March 12, 1932, Ivar Kreuger was found dead with a gun in his hand
Scriposale
Lot 278
Rederiaktiebolaget Transatlantic, Nominal 100 Kronen.
Estimate: € ...more Rederiaktiebolaget Transatlantic, Nominal 100 Kronen.
Estimate: € 50.
Die Schifffahrtsgesellschaft transportierte Passagiere und Fracht von Göteborg aus über den Atlantik
Estimate: € ...more Rederiaktiebolaget Transatlantic, Nominal 100 Kronen.
Estimate: € 50.
Die Schifffahrtsgesellschaft transportierte Passagiere und Fracht von Göteborg aus über den Atlantik
Scriposale
Lot 306
Stockholms Enskilda Bank [2 Stück], Nominal 100 Kronen / 10
x 100 ...more Stockholms Enskilda Bank [2 Stück], Nominal 100 Kronen / 10 x 100 Kronen.
a) Stockholm, 7 November 1966, Share of 100 Crowns, #743122, 4 pages; b) Stockholm, 15 October 1956, Share of 10 x 100 Crowns, #576241-50, 4 pages, very small part of paper missing at lower right corner, otherwise EF, estimate: € 80.
The SEB (Skandinaviska Enskilda Banken) is one of the most important and largest financial companies in Sweden and in Northern Europe. The bank was founded by the Wallenberg Family in 1856 as Stockholms Enskilda Bank. In 1972 the Bank merged with the Skandinaviska Banken to form SEB. In 2000 the SEB bought the BfG Bank AG
x 100 ...more Stockholms Enskilda Bank [2 Stück], Nominal 100 Kronen / 10 x 100 Kronen.
a) Stockholm, 7 November 1966, Share of 100 Crowns, #743122, 4 pages; b) Stockholm, 15 October 1956, Share of 10 x 100 Crowns, #576241-50, 4 pages, very small part of paper missing at lower right corner, otherwise EF, estimate: € 80.
The SEB (Skandinaviska Enskilda Banken) is one of the most important and largest financial companies in Sweden and in Northern Europe. The bank was founded by the Wallenberg Family in 1856 as Stockholms Enskilda Bank. In 1972 the Bank merged with the Skandinaviska Banken to form SEB. In 2000 the SEB bought the BfG Bank AG
Scriposale
Lot 308
Sveriges Investeringsbank AB / Schwedische Investitionsbank AG ...more
Sveriges Investeringsbank AB / Schwedische Investitionsbank AG /
Banque d'Investissement Suedoise S.A., Nominal 100.000
Franken.
Estimate: € 50
Estimate: € 50
Scriposale
Lot 149
Aktiebolaget SKF, Nominal 10.000 DM.
Estimate: € 35.
SKF was ...more Aktiebolaget SKF, Nominal 10.000 DM.
Estimate: € 35.
SKF was founded by Sven Wingquist in 1907. The company is the largest manufacturer for axle and antifriction bearing today
Estimate: € 35.
SKF was ...more Aktiebolaget SKF, Nominal 10.000 DM.
Estimate: € 35.
SKF was founded by Sven Wingquist in 1907. The company is the largest manufacturer for axle and antifriction bearing today
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