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Lot 404: WIENER RIESEN RAD LTD

Auction No.57 of Antique Stocks & Bonds

by Boone Shares - The Scripophily Center

29 October 2016

Brussels, Belgium

Live Auction
Sold
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Description: 21 March 1898 LONDON. 10 Bearer Shares of £1. green, pink, black. No 418. It was in 1897, to mark 50 years of the reign of Kaiser Franz Josef I, that Vienna's giant wheel was built, in the Prater amusement park. It had 30 gondolas, and was 65 metres high. It was to be taken down in 1916, but there was no money to do that. In1944 it was destroyed in an air raid on Vienna. It was rebuilt in 1947, but with only 15 gondolas, as it still has today. The original wheel was built by an English company, led by Walter Basset (who has hand-signed this share), which raised the 500.000building costs from shares and bonds. Text in English and German. Fine vignette of the wheel. The wheel featured in the famous film of 1949 'The Third Man', set in postwar Vienna. Rarity 9.

Condition Report: EF

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