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Donald Trump meets Fidel Castro – Scripophily auction offers masterpieces of financial history

Written by Customer Service on . Posted in Public Companies.

More than 2,000 old stocks and bonds are currently offered at two upcoming Scripophily auctions of HWPH Historisches Wertpapierhaus AG, one of the world’s leading auction houses for old stocks and bonds. Extra rare and special items will be sold on 25 January 2020 in Wuerzburg, Germany.

Highlight of the auction (catalogue at www.hwph.de) and a true masterpiece of financial history is a decree with a total of 6 signatures of Fidel Castro – the Cuban communist revolutionary who governed the Republic of Cuba from 1959 to 2008. Issued in 1959, the typewritten document was issued to expropriate the overthrown dictator Fulgencio Batista and his followers, who had unlawfully enriched themselves during his reign. Offered with a minimum bid of 25,000 Euros (approx. $ 27,700), the item most likely is the clearest symbol of anti-capitalism.

In contrast, the auction house offers a 1998 issued Common Stock Certificate of Trump Hotels & Casino Resorts, Inc. – with vignette and facsimile signature of Donald J. Trump, 45th President of the United States of America. A minimum bid of 120 Euros (approx. $ 133) leaves Trump lagging behind Castro for now, but the item is expected to attract bidders around the world and to be sold at a higher price.

A further international highlight is the 1866 Founders Share of the legendary HSBC bank. Once installed to finance the growing trade between China and British India, the rest of the British Empire and Europe, HSBC is the largest European bank now – and the seven largest bank of the world. The rare certificate will be offered with a minimum bid of 10,000 Euros (approx. $ 11,000) and is expected to gain attention from several potential buyers.

On 25 January 2020, the auction starts at 11.00 am – with viewing from 9.00 am onwards. Internet live bidding is available as well: https://connect.invaluable.com/hwph/
For more information, visit: https://www.hwph.de/stocks-bonds/losnr-auktnr-pa55-625_en.html

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