The World in Exchange: Historic Bills, Bonds & Banking Documents
Lot 221:
Description
Issued in Ungvár (now Uzhhorod, Ukraine) in 1940, this share certificate represents ownership in the Kárpáti Electric Works (Kárpáti Villamosművek R.T.). This piece reflects Hungary’s industrial expansion into the Carpathian region during the interwar period, featuring elegant typography and secure watermarking typical of regional Hungarian scripophily.
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