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The Sächsische Bodenkreditanstalt, established in 1923, was one of Saxony's main financial institutions, specializing in mortgage loans for agricultural and real estate land. This institution played a fundamental role in promoting the economic development of the region through long-term projects financed by land assets. The Sächsische Bodenkreditanstalt operated with the goal of supporting agriculture and construction, crucial sectors for the economy of that period.
The bond shown, issued in 1928, represents a significant historical document. With an interest rate of 8%, this bond offered a safe and attractive yield for investors of the time. Denominated in Goldmark, the bond reflected the economic stability and market confidence of the German financial market before the subsequent economic turmoil.
Historical Data of the Company
| Year | Revenue (in million Goldmark) | Capital Stock (in Goldmark) | Year of Establishment | Headquarters | Name upon Delisting | Year of Stock Exchange Admission | Year of Delisting | Year of Dissolution |
|---|---|---|---|---|---|---|---|---|
| 1923 | ND | 500,000 | 1923 | Dresden | ND | 1924 | 1945 | 1945 |
Document Characteristics
| Denomination | Interest Rate | Issue Date | Nominal Value | Maturity | Notes |
|---|---|---|---|---|---|
| 500 Goldmark | 8% | November 1, 1928 | 500 Goldmark | January 1, 1935 | Non-redeemable before 1935 |
For Scripophily Collectors
Scripophily, the art of collecting historical financial documents such as stocks and bonds, represents a fascinating window into economic and industrial history. Each document tells a unique story, reflecting the economic vicissitudes and social changes of an era. Collecting these documents not only offers aesthetic and historical value but also represents a way to preserve an important cultural heritage.
The presented bond, with its detailed design and autographs of the officials of the time, is an excellent example of the precision and craftsmanship of the period. The decorative frame and elegant calligraphy underline the importance attributed to these financial instruments. Purchasing a document like this means owning a tangible piece of German economic history, an artifact that has traversed past events to reach us.
All historical documents for sale are considered collectibles. The documents have no economic or financial value (no economic or financial value), the second image is only representative of the object of the reference company..
