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The "Commercial Bank of Egypt" was established on November 10, 1898, by decree of His Highness the Sultan of Egypt, with its main office in Alexandria. The bank was founded with the intention of supporting Egypt's economic development, offering banking services to both local residents and foreign investors. The bank played a crucial role in the Egyptian economy, facilitating trade and industry during a period of growing international interest in Egypt, which was under British control at the time.
The certificate shown in the image represents a single bearer share issued in 1920, with a nominal value of 4 Egyptian Pounds. This share is representative of the bank's capital at the time, which was 300,000 Pounds, divided into 75,000 shares.
Historical Context:
The issuance of this certificate occurred during a period of relative stability in Egypt, just before the establishment of the British protectorate in 1914. The years following its issuance saw Egypt participating in World War I as part of the British Empire, with significant consequences for the country's economy. The "Commercial Bank of Egypt" was one of the key institutions that contributed to the country's economic resilience, supporting both local activities and international trade operations.
Historical Company Data:
| Item | Details |
|---|---|
| Year of Incorporation | 1898 |
| Registered Office | Alexandria, Egypt |
| Share Capital at Incorporation | £E 300,000 |
| Share Capital at Dissolution | Data not available |
| Year of Stock Exchange Admission | Data not available |
| Year of Delisting | Data not available |
| Year of Company Dissolution | Data not available |
| Turnover (reference year 1920) | Data not available |
Document Characteristics:
| Characteristic | Description |
|---|---|
| Type of Certificate | Bearer Share |
| Certificate Number | 5,290 |
| Nominal Value | £E 4 |
| Date of Issue | 1920 |
| Signed by | A.C.P. Srouji |
| Artistic Elements | The certificate features elaborate decoration with elements inspired by Egyptian art and culture, including palm trees, pyramids, and columns with inscriptions. |
| Typography | Charles Skipper & East, London |
| Provenance | Data not available |
Artistic and Typographic Description:
The certificate is a work of art in itself, with a frame that evokes ancient Egypt through the use of decorated columns, pyramids, and palm trees—symbolic elements that evoke the country's rich cultural heritage. The typography, handled by Charles Skipper & East of London, is of high quality, giving the document a prestigious and durable appearance.
Provenance:
There is no detailed information on the specific provenance of this certificate, but such titles were typically held by wealthy investors or companies with commercial interests in Egypt. The rarity and beauty of the document make it a sought-after piece for scripophily collectors.
Valuation and Rarity:
This certificate can be considered rare, especially if it is in good condition. The combination of refined artistic design, its issuance during a significant historical period, and its association with one of the leading Egyptian banks of the time make it a desirable piece for collectors of historical and financial documents.
Considerations for Collectors:
Collecting old financial documents, known as scripophily, is a practice that allows not only to own a piece of history but also to explore the economic and social dynamics of past eras. This certificate from the "Commercial Bank of Egypt" is an excellent example of how the banking sector was central to Egypt's economic development in the early 20th century. Collectors might consider framing these documents with quality materials to preserve their integrity while also enhancing their historical and artistic appeal.
Use as a Gift:
In addition to its historical and collectible value, this document can be considered a unique and valuable gift, ideal for those passionate about history, finance, or art. Whether for sophisticated décor, a personal collection, or as a signature gift, a historical certificate like this always adds a touch of elegance and depth.
Certificate of Authenticity:
An official certificate of authenticity can be requested for this document, which includes a historical register. To obtain this service, contact via email info@scripo.it. Additional documentation can increase the perceived value of the certificate.
All historical documents for sale are intended for collection purposes. The documents have no economic or financial value (no economic or financial value), images that are not of the historical document are representative of the company's object and the historical period of reference are not provided but can be freely downloaded from the website and printed.
