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Rare stock certificate issued by Wiener Lombard- und Escompte-Bank on October 12, 1920, in Vienna. This certificate represents one share worth 200 Kronen and features an elegant green design with ornate decorative details. Its refined typography and classic Austrian style make it a highly valuable piece for scripophily collectors.
The certificate bears the serial number 106,094 and is signed by the bank’s administrators. It also includes official stamps and annotations, confirming its historical use.
History of the Bank:
The Wiener Lombard- und Escompte-Bank was one of Austria’s key financial institutions in the early 20th century. It specialized in lombard credit and discount banking, providing loans secured by movable collateral and facilitating commercial credit.
In 1920, when this stock was issued, Austria was undergoing severe economic instability following World War I and the collapse of the Austro-Hungarian Empire. The Austrian Krone was suffering from rapid inflation, and many banks were struggling to stabilize their operations through capital investments.
The Great Depression of 1929 and the financial turmoil of the late 1920s led to bank failures and restructuring across Austria, marking the end of an era for Viennese banking institutions.
Rarity and Collectible Value:
This certificate is a significant historical document, reflecting Austria’s economic and financial transformations in the post-war period. It is particularly sought after for its elegant design, connection to the Viennese banking system, and historical relevance to the post-imperial economic crisis.
