Banco Oriental De Mexico Uncancelled Bearer Stock Certificate

Uncancelled Banco Oriental De Mexico Bearer stock certificate for 10 shares/1,000 Pesos.

Founded in 1899, the Banco Oriental de Mexico began operations in March of 1900 operating primarily as a lender to magnates of the textile industry. 18 more coupons not illustrated.

Extremely Rare!
Condition: Excellent
PRICE ON REQUEST

Country: Mexico
Year: Dec. 31, 1900

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

Chinese Bonds dating from 1898 to 1940

It is fair to say that many of our favorite foreign bonds are the Chinese bonds dating from the late 19th Century to the 1940’s. They are appealing for their fascinating history as well as their impressive graphics. Of course, there has also been much speculation in these bonds due to the hope or anticipation that China would someday pay these old debts. There is no question that prices have risen rather dramatically and excitement in this field has grown. The Chinese have become more and more interested in their heritage in the form of coins, paper money, and recently in stocks and bonds. Such new interest as well as other speculation is likely to cause prices to escalate further.

We now have a very large inventory of Chinese bonds of the most popular types including the following…..

1898 Anglo-German Gold Loan, £25, £50, £100.
1904-07 Chinese Imperial –
Shanghai-Nanking Railway Gold Loans, £100.
1908-10 Imperial Chinese Gov.,Tientsin-Pukow Rwy Loan, £20, £100. 3 Types.
1911 Imperial Chinese Government – Huquang Railway, £20, £100.
1912 Chinese Government Gold Loan, the “CRISP LOAN”, £20, £100, £500, £1,000.
1913 Chinese Republic, Lung-Tsing-U-Hai Railway Gold Loan, £20.
1913 Chinese Republic, Province of Petchili Gold Loan, £20.
1913 Chinese Government, “Reorganisation Gold Loan, £20, £100.
1925 Chinese Government Loan of £6,866.046,10/10. Skoda Loan II,
1937 “Liberty Bonds, $5, $10, $50, $100, $1,000 (and $10,000 which have not been on the market for several years as they are extremely rare).
1938 Republic of China, 27th Year, English face, Chinese back. $5, $10, $50, $100.
1940 Republic of China, 29th Year, Chinese face, English back. $5.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

History of the Reorganization Gold Loan of 1913

The Reorganization Gold Loan of 1913 was for the capital sum of £25,000,000. The loan was authorized by Presidential Order of 22nd April, 1913 officially communicated by the Wai Chiao Pu to the Ministers in Peking of Great Britain, Germany, France, Russia, and Japan. (The Wai Chiao Pu was the Ministry of Foreign Affairs of the government of the Republic of China).

The newly appointed President of the Republic of China, Yuan Shih Kai initially approached Britain, France, Germany, and United States of America seeking a substantial loan to assist the fledgling government of the Republic of China. Later this group was expanded to include Japan and Russia, but eventually the U.S. withdrew from participation, leaving five countries which agreed to assist the Chinese Government with financial aid.

The principal financial institutions which participated in the loan arrangements were the Hongkong & Shanghai Banking Corporation, Deuthsch-Asiatiche Bank, Banque de l’Indo Chine, and Russian Asiatic Bank.

The Yokohama Specie Bank participated on behalf of Japan, but did not issue separate bonds, countersigned by the bank. Arrangements were made as to convertibility into Japnanese Yen of the bearer bonds issued to by other four issuing banks. The banks all received 6% commission for handling this loan and the capital amounts allocated to each bank together with bonds issued are detailed in the data below…..

Hongkong & Shanghai Banking Corp. £7,416,000
Deutsch-Asicatiche Bank £6,000,000
Banque de l”Indo-Chine £7,416,660
Russian Asiatic Bank £2,777,780
Russian Asiatic Bank (Belgium) £1,388,880

The purpose of the loan was to enable the new government of the Republic of China to meet financial liabilities inherited from the previous Chinese Imperial Government, for the reorganization of government institutions and to meet the administrative costs.

As an interesting footnote to this loan, Mr. M. E. Weatherall, who was a senior official of the Chinese Maritime Customs Service in 1921 was quoted in the publication “Wayfoong” as making the following observation.

“I believe that I am correct in saying that the greater part, if not all of the reorganization loan of 1913 was accounted for by statements and vouchers, but in actual fact very little of it was ever applied to the purposes for which it was lent. It disappeared mysteriously and nobody knows where it has gone.”

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

*Source: Historic Foreign Bonds of China by John M. Thomson (2012)

Chinese Reorganization Gold Loan of 1913

Chinese Reorganization Gold Loan of 1913

In our 34 years of specializing in collectibles stocks and bonds, we have had the good fortune of buying and selling many historic and especially graphic bonds. The Reorganization bonds truly stand out for so many reasons. We are proud to offer the largest inventory of these bonds available today. Over 4,700 pieces of both the 20 Pound and 100 Pound denominations.

1. Superb Graphics including 3 exceptional vignettes.
2. Outstanding quality engraved printing by Waterlow & Sons, London
3. Rich in History.
4. Great colors of Green, Brown, and Blue.
5. International appeal as England, France, Germany, Russia, and Japan were all involved.
6. Text in 4 languages.
7. 4 Denominations.
8. Extensive details at back related to quantities issued, etc.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

Beware of Fraudulent Chinese Liberty Bonds

Unfortunately there are inferior copies and fraudulent examples of Chinese Liberty bonds. Crude copies and fabrications of the $10,000 exist as well as fantasy pieces of $500,000 and $1,000,000. These high denominations are rather foolish, yet fairly well executed. Of course, they have no value.

There are also 1912 fantasy pieces which read “Certificate of Deposit LIBERTY BOND – THE HONKONG AND SHANGHAI BANKING CORPORATION – This certifies that there have been deposited in the treasury of the REPUBLIC OF CHINA – 1,500 METRIC TONS OF A.U. METAL 999.5 – DATE OF ISSUANCE OCTOBER 12, 1912” These orange, green, and red printed documents were printed in the Philippines for the sole purpose of committing fraud. They are not valid in any way and are not copies of legitimate financial instruments. These should be avoided at all cost. It is truly bazaar that there has been active demand for such nonsense.

It should always be stressed that we sell these bonds for their historical, graphic, and collectible merits only. We always make it clear (though these bonds are uncancelled) that all Chinese bonds are not negotiable. On the other hand, these are the very same bonds that are so sought after and popular. There is absolutely no difference. We sell all these Chinese bonds with accompanying PASS-CO authentications.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.


*Source: Historic Foreign Bonds of China by John M. Thomson (2012)

$1,000 Republic of China Liberty Bond

$1,000 United States Dollar Bond (considered Liberty Bonds). Please click on "View Larger Image" to see the english side of the bond.

PRICE ON REQUEST
Condition: Excellent

Country: China
Year: 1937

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

Republic of China Liberty Bonds

The Republic of China was founded in 1912 and it governed mainland China until 1949, when it lost the mainland

during the Chinese Civil War and withdrew to Taiwan. In 1937 in the 26th Year of the founding of the Republic, “Liberty Bonds” were issued in denominations of $5, $10, $50, $100, $1,000, and the $10,000.

Not one example of the $10,000 denomination has been reported on the market in about 5 years.

The set of 5 denominations of the $5, $10, $50, $100, and the rare $1,000 is sometimes referred to as an “Excalero” suite, or set. The demand for this set is exceptional and the single $1,000 is the backbone of the set. We sell sets and singles of these popular bonds.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.


*Source: Historic Foreign Bonds of China by John M. Thomson (2012)

Queen Victoria - Banco de Londres Y Mexico

Queen Victoria - Banco de Londres Y Mexico Uncancelled Bearer Stock certificate for ten shares of $100 (pesos) each/1,000 Pesos, thus totaling $1000 (pesos). Known as the "Queen Victoria". The bank was one of only two Mexican national banks that was chartered to conduct business across state lines and was the second largest in the nation.

Extremely Rare!
Condition: Excellent
PRICE ON REQUEST

Country: Mexico
Year: May 10, 1905

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

£20 Government of the Province of Petchili - Part 2

The following brief history is from “Historic Foreign Bonds of China” published in 2012 by John M. Thomson.
The loan was, “Created by virtue of a resolution of the Assembly of the Province of Petchili. By agreement entered into on the 27th January 1913, the Government of the Chinese Republic has sanctioned the above mentioned resolution by guaranteeing absolutely and unconditionally the punctual payment of principal and interest of the present loan”.

The participating financial institution was the Banque de Reports, de Fonds Publics et de Depots. Bearer bonds were floated in both Brussels and Antwerp.

The purpose of the loan was for public works and improvements to be executed in the Province of Petchili. The loan was secured upon a first mortgage on taxes collected and raised by the Province of Petchili on wine and tobacco yields with an additional guarantee from the central government of the Republic of China. Coupons were payable on 1st February and 1st August each year.

It should always be stressed that we sell these bonds for their historical, graphic, and collectible merits only. We always make it clear (though these bonds are uncanceled) that all Chinese bonds are not negotiable. On the other hand, these are the very same bonds that are so sought after and popular. There is absolutely no difference. We sell all these Chinese bonds with accompanying PASS-CO authentications.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.


*Source: Historic Foreign Bonds of China by John M. Thomson (2012)

£20 Government of the Province of Petchili - Part 1

We have had the pleasure of buying and selling several thousand pieces of Chinese bonds of many types. In this period of over 34 years, we have never seen demand to equal that of the “Petchili” bonds. The degree of enthusiasm related to the speculation of these bonds is truly unprecedented.

It should be made very clear that only the £20 denomination was issued and this should not be confused with the Capitalization of £500,000 Sterling. This lofty amount is simply the total face value of the entire issue of 25,000 bonds.

There was only one type of Petchili and so it should not be confused with other Chinese bonds. There has been a rash of requests for “Super Petchili’s”. It appears that this nickname has been given to the Government of the Chinese Republic 5% Gold Loan of 1913 for the Lung-Tsing-U-Hai Railway, Capitalization of £10 Million.
Petchili’s are now very rare as few pieces enter the marketplace. Prices have risen steadily over the past year and demand is strong.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.


*Source: Historic Foreign Bonds of China by John M. Thomson (2012)

China’s External Loan Bonds

Tientsin-Pukow Railway Loan of 1910 - Deutsch-Asiatische Bank - Berlin Issue, 5%, Capitalization 5 Million Pounds Sterling, £100.
PRICE ON REQUEST
Condition: Excellent

Country: China
Year: 1910

Nearly all the bonds that we sell are External Loan Bonds which the Chinese Government negotiated with foreigners. The various bonds that we deal with are of particular interest to collectors for several reasons as follows:

Language: The language of the text on the bond certificates relating to external loans is at least partially in a western language. This allows a small insight into events that took place in China and provides a documentary record of those events. By contrast, the bond certificates from internal loans were usually written in Chinese characters and it is difficult for a foreigner to translate and understand the text.

Historical Appeal: China bonds have an inherent historical appeal as some of the loans were related to very specific historical incidents or political situations that occurred in China.

Aesthetic Appeal: Many China bonds are attractive documents which are aesthetically pleasing, larger and more ornate than most other foreign bonds coupled with quality printing makes them almost “works of art”.

Collection Range: There were a limited number of Chinese external loans and most are affordable. The possibility of forming a complete collection is quite possible.

Redemption Hope: Some investors hope that China bonds relating to loans which are in default by trhe Chinese Government, might at some time in the future be redeemed with re-payment of principal and with substantial compensation for lost interest.

In the unlikely event that the current Chinese Government did decide to honor the outstanding debts from the previous Chinese administrations of the turbulent period during the early part of the last century, then the unredeemed bearer bonds may have substantial value.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.


*Source: Historic Foreign Bonds of China by John M. Thomson (2012)

About Bearer Bonds

We are constantly asked for histories of ownership of bearer bonds. In all our 34 years of buying uncanceled bonds, such histories have never been available. It is extremely rare that owners would ever save receipts of purchases of bonds dated in the late 19th Century to the 1940’s. It is important to stress that all these bonds are “BEARER” bonds, not Registered Bonds.

There is no official records that could verify the ownership history of bonds. One could compare a “BEARER” bond to a $20 bill in one’s pocket. It would be rather absurd to ask for a history of ownership of such a piece of paper money. Such demands of histories only encourage legitimate owners of bonds to simply make up histories which cannot be proven or unproven.

Bearer bonds were unregistered negotiable financial instruments up which interest and principal were payable to the holder of the bond. As the ownership of a bearer bond was not registered with any financial institution, interest and principal would be paid to the holder of the bond regardless of who originally purchased the bond.

Coupons were attached to each bond, and individual coupons represented a single interest payment. The holder of the bearer bond would submit a coupon on a specific date to the issuer of the bond or a designated paying agent, such as a bank, to receive the interest payment. Payment due dates were normally detailed on the bond certificate and it was the usual practice that interest would be at six month intervals.

Bearer bonds were advantageous to certain investors who perhaps wished to shield their finances from the clutches of the tax authorities as owner’s details would not appear on any financial records.

Bearer bonds were easily negotiated between parties as the owner was not required to register any transfer of ownership.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

*Source: Historic Foreign Bonds of China by John M. Thomson (2012)

Anglo-German Chinese Imperial Government Gold Loan of 1898

Chinese Imperial Government Gold Loan of 1898, 4 1/2%, Capitalization 16 Million Pounds, £100.
PRICE ON REQUEST
Condition: Excellent

Country: China
Year: 1898

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

Celebrating Great Americans

Happy Fourth of July everyone. We Americans have a proud history. This outstanding calendar created by The Thos. D. Murphy Co. stands testament to our heritage.


WWII collectible; calendar size 12.75" x 24".
Year: 1942
Price: $175.00

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

Chinese Bonds - Part 1

It is fair to say that many of our favorite foreign bonds are the Chinese bonds dating from the late 19th Century to the 1940’s. They are appealing for their fascinating history as well as their impressive graphics. Of course, there has also been much speculation in these bonds due to the hope or anticipation that China would someday pay these old debts.

There is no question that prices have risen rather dramatically and excitement in this field has grown. The Chinese have become more and more interested in their heritage in the form of coins, paper money, and recently in stocks and bonds. Such new interest as well as other speculation is likely to cause prices to escalate further.

We now have a very large inventory of Chinese bonds of the most popular types including the following . . .

China-Belgian Issue, 1921, Green-Red, 500 Belgian Francs (equivalent of £20), 8% Bond.
Uncancelled. No coupons
PRICE UPON REQUEST

Country: China
Years: 1920-21

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.