The Sächsische Bodenkreditanstalt in Dresden, established on January 15, 1927, was a regional German bank specializing in mortgage lending. The institution primarily financed real estate and agricultural projects through the issuance of bonds secured by mortgages on land and real estate properties.
The document in question is a "Gold-Hypothekenpfandbrief" issued in 1927 with a nominal value of 1000 Goldmark. This type of bond offered an interest rate of 6%, payable semi-annually, and represented a safe and solid investment for savers of the time.
Historical Data of Sächsische Bodenkreditanstalt
| Year | Revenue | Initial Share Capital | Final Share Capital | Year of Establishment | Headquarters | Name at Delisting | Year of Listing | Year of Delisting | Year of Dissolution |
|---|---|---|---|---|---|---|---|---|---|
| 1927 | ND | ND | ND | 1927 | Dresden | Sächsische Bodenkreditanstalt | ND | ND | ND |
Document Features
| Issue Date | Interest Rate | Nominal Value | Maturity | Zinssatz |
|---|---|---|---|---|
| January 15, 1927 | 6% | 1000 Goldmark | 1932 | 6% |
Scripophily, the collection of historical financial documents such as stocks and bonds, represents a fascinating window into the economic and financial past. Each document tells a unique story, reflecting the historical context, business practices, and financial structures of its time. Owning a historical document like this not only adds value to one’s collection but also offers a tangible link to the past, a piece of economic and cultural history. Collectors appreciate these pieces not only for their rarity and aesthetic beauty but also for the historical significance and the evolution of financial practices they represent.
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