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The Mecklenburgische Hypotheken- und Wechselbank, founded in 1864 in Schwerin, was one of the leading financial institutions in the Mecklenburg region. Specializing in mortgage loans and issuing mortgage bonds, it played a crucial role in financing local real estate and agricultural development. This historical certificate represents an example of a gold-backed bond issued by the bank to raise necessary funds for mortgage loans.
Company Historical Data
| Year | Revenue (in million Goldmark) | Share Capital (in Goldmark) | Significant Events |
|---|---|---|---|
| 1864 | N/A | 500,000 | Establishment |
| 1880 | 1.2 | 1,000,000 | First expansion |
| 1900 | 5.8 | 3,000,000 | Significant growth in mortgage portfolio |
| 1920 | 8.5 | 5,000,000 | Issuance of new bonds |
| 1930 | 10.2 | 7,000,000 | Issuance of the bond represented in the certificate |
| 1945 | N/A | N/A | Activity interrupted due to war |
| 1950 | N/A | N/A | Delisted from the stock exchange |
Certificate Characteristics
| Characteristic | Detail |
|---|---|
| Issue | X (Expansion) |
| Date of Issue | June 1, 1930 |
| Nominal Value | 1000 Goldmark |
| Interest Rate | 8% per annum |
| Interest Frequency | January/July |
| Certification | Covered by gold mortgage |
| Seals and Stamps | Present, including gold stamps |
| Signatures | Board members and trustees |
Text for Scripophilia Collectors
For scripophilia enthusiasts, certificates like this represent not only a piece of economic history but also a work of art with intricate details and a testimony of the past. The aesthetic value, combined with the historical context, makes these documents highly sought-after collectibles. The presence of stamps, authentic signatures, and the quality of printing further enhance their appeal and desirability.
All historical documents for sale are intended as collectibles. The documents have no economic or financial value (no economic or financial value), the second image is only representative of the company's object.
