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The Sächsische Bodenkreditanstalt, founded in 1923, was a German financial institution offering mortgage loans secured by land and real estate properties. This institution played a crucial role in supporting agricultural and real estate development in the Saxony region. The main goal of the Sächsische Bodenkreditanstalt was to facilitate access to financing for long-term projects, thus contributing to the economic growth of the region.
The bond issued by the Sächsische Bodenkreditanstalt in 1928, with an interest rate of 8%, was an attractive investment for investors of the time. This document, denominated in Goldmark, represents not only a piece of economic history but also an example of the precision and elegance with which financial documents of the era were created. The stability and confidence of the German financial market are well represented in this certificate, issued before the economic turmoil of the subsequent years.
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 |
|---|---|---|---|---|---|
| 1000 Goldmark | 8% | November 1, 1928 | 1000 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All historical documents for sale are considered collectibles.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.
