Paper Money, Scripophily and Banking Histrory

Lot 7:

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Austria Oesterreichischen Staats Anleihe / Austrian Rothschild Loan Certificate Uncut Sheet 1849

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Start price: $70

Buyer's premium:

Description

# 2436-2455 A very interesting financial construction: By purchasing this “Original Certificate”, the buyer secured the delivery of a partial bond in the event that their bonds, which bore the respective numbers, were drawn in the drawing on December 1, 1849. These certificates were used to protect against the draw and thus early repayment of high-yielding lottery bonds. XF

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