Siemens & Halske Corp. Specimen Bond.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:85.00 USD Estimated At:120.00 - 240.00 USD
Siemens & Halske Corp. Specimen Bond.
90.00USDto floor+ buyer's premium + applicable fees & taxes.
This item SOLD at 2015 Dec 11 @ 15:37UTC-5 : EST/CDT

PH: 1-201-944-4800
FAX: 1-201-871-4345
Web: www.archivesinternational.com
Email: info@archivesinternational.com

Snail Mail: Archives International Auctions
1580 Lemoine Ave., Suite 7, Fort Lee, NJ 07670

The auction will take place on December 11th and 14th, 2015 at AIA's office located at 1580 Lemoine Ave., Suite #7, Fort Lee, NJ 07024 beginning at 10:30 AM
Germany, 1930, $10,000,000, Temporary Debenture, Participating Debenture, Series A - Due January 15, 2930 (I guess they had long term plans). Orange border and underprint, Specimen overprint, "0000" serial numbers and POC's. Printed in English. Siemens was founded by Werner von Siemens on 12 October, 1847. Based on the telegraph, his invention used a needle to point to the sequence of letters, instead of using Morse code. The company; then called Telegraphen-Bauanstalt von Siemens & Halske opened its first workshop on October 12. In 1848, the company built the first long-distance telegraph line in Europe; 500 km from Berlin to Frankfurt am Main. In the 1850s, the company was involved in building long distance telegraph networks in Russia. In 1855 a company subsidiary opened in St Petersburg, Russia. In 1867, Siemens completed the monumental Indo-European (Calcutta to London) telegraph line. Preceding World War II Siemens was involved in funding the rise of the Nazi Party and the secret rearmament of Germany. During the Second World War, Siemens supported the Hitler regime, contributed to the war effort and participated in the "Nazification" of the economy. In the 1950s and from their new base in Bavaria, S&H started to manufacture computers, semiconductor devices, washing machines, and pacemakers. Siemens AG was incorporated in 1966. The company's first digital telephone exchange was produced in 1980. Historic company that has played a major part in Germany's history over the last 150 Years. Extremely rare bond and one of 6 found in the archive and one of 2 being offered in the auction.