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Lot 359: DEUTSCH-OSTAFRIKANISCHE GES.

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: 2 March 1890 BERLIN. Anteilschein über 1000 Mark. Serie C. yellow, blue, buff, black. No 1569. The DOAG grew out of the Deutsch-Ostafrikanischen Gesellschaft Karl Peters & Gen. Karl Peters founded the German colony in East Africa in 1887, in the face of similar moves by England. The Sultan of Zanzibar granted the new company his sovereign rights,so the company was in effect an independent state. A rebellion which broke out in 1890 was put down only with help from the German government, and thereafter, in the years to 1902, sovereign rights were gradually transferred to the German Empire. Theeconomic foundation of the DOAG was 21 trading-posts, and the export of sisal, coffee, rubber and coconuts. The company had interests in 24 other colonial companies. The DOAG was certainly the most important of German colonial companies, until it lost its properties as a result of World War I. The company showed remarkable strength of purpose, as it survived the consequences of both World Wars; it continued to exist as DOAG Holding AG until it merged in 2001 with the Vereinigte Deutsche Nickel-WerkeAG. Rare piece. Rarity 8.

Condition Report: EF

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