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The Westdeutsche Bodenkreditanstalt, founded in 1920 in Cologne, was one of the leading mortgage banks in western Germany. Specializing in mortgage loans for agricultural land and real estate, it played a significant role in the region's economic development. This historical certificate represents an example of a gold-backed bond issued by the bank to raise funds for mortgage loans.
Company Historical Data
| Year | Revenue (in million Goldmark) | Share Capital (in Goldmark) | Significant Events |
|---|---|---|---|
| 1920 | 2.5 | 1,000,000 | Establishment |
| 1925 | 5.0 | 2,000,000 | Expansion |
| 1930 | 7.5 | 3,500,000 | Issuance of new bonds |
| 1940 | 10.0 | 5,000,000 | Significant growth |
| 1950 | 12.0 | 6,000,000 | Post-war recovery |
| 1960 | 15.0 | 8,000,000 | Stock exchange listing |
| 1980 | 20.0 | 10,000,000 | Merger with another bank |
| 2000 | 30.0 | 15,000,000 | Modernization |
| 2020 | N/A | N/A | Activity cessation |
Certificate Characteristics
| Characteristic | Detail |
|---|---|
| Issue | XXIV |
| Date of Issue | March 1, 1930 |
| Nominal Value | 100 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All historical documents for sale are intended as collectibles.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.
