1955 - FORNACE DI BAGGIOVARA - 1 AZIONE MODENA

1955 - FORNACE DI BAGGIOVARA S.P.A. REGISTERED SHARE CERTIFICATE

SHARE N. 37 OUT OF ONLY 40 ISSUED - MODENA, ITALY

A prestigious and rare registered share certificate issued by Fornace di Baggiovara S.p.A., a company based in Modena, operating in the production of bricks and building materials. This certificate represents one of only 40 shares ever issued, making it an extremely rare and valuable piece for collectors of Italian scripophily.

Certificate Details:

• Company: Fornace di Baggiovara S.p.A.

• Issue Date: January 10, 1955

• Certificate Number: 37

• Total Number of Shares Issued: 40 (exceptionally rare)

• Share Capital: 40,000,000 Lire, divided into 40 shares of 1,000,000 Lire each

• Type: Registered Share Certificate

• Original Shareholder: Mr. Esmi Ruggero

• Place of Issue: Modena, Italy

• Signature of Sole Administrator: Hand-signed in original

• Distinctive Features:

• Elegant engraved border on high-quality paper

• Presence of three original revenue stamps (two of 500 Lire and one of 200 Lire), confirming the payment of issuance taxes

History and Significance of Fornace di Baggiovara

The Fornace di Baggiovara, established in 1954 through a deed notarized by Ennio Giannotti and approved by the Modena Court, was one of the local companies that contributed to Italy’s post-war building boom. Specialized in brick production, the company played a role in Modena’s industrial and construction growth during the 1950s.

The limited number of shares issued (only 40) suggests that this was a small, family-run enterprise or an investment vehicle for a select group of stakeholders, likely connected to the regional construction industry. With certificate number 37 out of 40, this is a piece of extreme rarity, rarely available on the collectors’ market.

Rarity and Collector’s Interest

📌 Extremely rare: Only 40 shares issued—this is No. 37, a unique opportunity for collectors!

📌 Excellent condition, with clear typography and original tax stamps still attached.

📌 Perfect for collectors of scripophily, Italian economic history, and historical financial documents.

🔹 Secure and tracked shipping

🔹 Certificate of authenticity available upon request

Don’t miss this exceptional opportunity to own a rare piece of Modena’s economic history!