Paper Money, Scripophily and Banking Histrory

Discover the legacy of world finance in Money and Exchange Auction 5, presenting over 350 extraordinary lots from the golden age of global trade and empire. This exclusive sale features rare bills of exchange addressed to the Rothschilds, unique printer’s proofs, and merchant documents from Constantinople, Smyrna, and Beirut—many unseen outside institutional collections.

Explore the networks that built modern finance: where Barings, Goldman Sachs, HSBC, and the Rothschilds powered transcontinental trade. From early 19th-century Ottoman banking to colonial Caribbean drafts, Latin American correspondence, and Asian port-city bills, this auction offers a breathtaking journey through the evolution of global commerce.

Among the highlights, a historic Real Madrid bond captures the financial origins of one of the world’s greatest football clubs—a tangible link to the creation of the Santiago Bernabéu Stadium and the rise of Real Madrid’s global legend.

Whether you are a scripophily collector, a scholar of international finance, or simply drawn to rare historical paper, this is a sale you will not want to miss.