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Lot 1285: AFFAIRE DE MERCURE ET DE CHARBON DE A. AUERBACH ET CIE. S.A.

Auction No.57 of Antique Stocks & Bonds

by Boone Shares - The Scripophily Center

29 October 2016

Brussels, Belgium

Live Auction
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Description: 1912 ST-PETERSBOURG. Action de 75 Rbls. orange, yellow, black. No 4662. Text in Russian and French. Established by Alexander Andrejevitch Auerbach (1844-1916). He was an important academic who lectured at mining schools. Furthermore, he developed his business interests, first through partnerships with French companies, later more independently. As such, he bought the mercury mine Gorlovka (near Yekaterinoslav/Dnipro - in today's Ukraine. This became a joint-stock company in 1896 with a capital of 2.250.000 roubles. The share we offer is part of a capital increase to 3,6 million roubles. With an annual production of 616.000 tons, this was the largest mercury producer in Russia. The company expanded into anthracite coal as well. Rarity 9.

Condition Report: EF

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