Shopping Cart
There are no more items in your cart
The 1922 consolidation loan was issued by the Kingdom of Romania to raise funds aimed at stabilizing the country's economy and supporting infrastructure development. This international loan, gold-backed, offered a 4% interest rate and was distributed in various denominations, including the $50 denomination shown in this certificate. The loan was issued for a total of $25,000,000, targeting foreign investors.
After World War I, Romania, like many European countries, faced significant economic challenges. The 1922 bonds were a key instrument to attract foreign capital and consolidate the country’s public debt, offering a secure return guaranteed by gold payments.
Historical Data of the Company
| Company Historical Data | Information |
|---|---|
| Year of Establishment | 1922 |
| Headquarters | Bucharest, Kingdom of Romania |
| Year of Stock Exchange Listing | 1922 |
| Year of Delisting from Stock Exchange | Not available |
| Year of Dissolution | Not available |
| Share Capital at Establishment | Not available |
| Share Capital at Dissolution | Not available |
| Annual Revenue (1922) | Not available |
Certificate Characteristics
| Characteristic | Description |
|---|---|
| Number of Certificates | N/A |
| Type of Certificate | External Gold Bond |
| Nominal Value | 50 dollars |
| Serial Number | D18219 |
| Interest Rate | 4% |
| Maturity Date | Not specified |
| Issue Date | 1922 |
| Signed by | Ministry of Finance of the Kingdom of Romania and other officials |
| Condition of Document | Very good preservation |
| Authenticity Status | Authentic |
| Language of Document | English, French, German, Italian |
| Stamps and Seals | Official stamps from the Romanian Ministry of Finance and London authorities |
Historical Context
The 1922 consolidation loan was one of Romania’s efforts to manage its public debt and finance economic development in the post-war period. The gold-backed bonds offered investors a secure return during a time of global economic uncertainty. This loan was widely distributed among international investors, particularly in Britain and the United States.
In the years following World War I, Romania sought to stabilize its financial system and attract foreign capital to modernize its infrastructure. This loan was one of the primary tools used to achieve these goals.
Artistic and Typographical Details
The certificate features a decorative red frame and a central allegorical illustration symbolizing Romania’s economic stability. The text of the certificate is presented in English, with translations in French, Italian, and German, emphasizing the international scope of the loan. The design is detailed and refined, with the use of elegant serif fonts for the main text and official seals adding authenticity to the document.
Provenance of the Certificate
This bond certificate was part of an international issuance widely distributed among foreign investors. This particular bond has been part of a private collection and has been maintained in excellent condition. The provenance is certified and guaranteed by historical documents confirming its authenticity.
Evaluation and Rarity
The $50 bonds from the 1922 consolidation loan are relatively rare, especially in excellent condition like this example. The market value for collectors can range between 150 and 400 euros, depending on the preservation and history of the certificate. These bonds are appreciated for both their historical relevance and the quality of their design.
The Importance of Scripophily Collecting
Collecting historical certificates like this offers an opportunity to explore the economic and political history of the past. These documents represent not only financial transactions but also significant historical events and are artistic pieces of great value. For collectors, the value of a bond like this is both historical and aesthetic.
To preserve these certificates, it is recommended to keep them in protective frames or specialized albums. In addition to their collectible value, these bonds can also be used as decorative pieces, adding a touch of history and elegance to any space.
All historical documents for sale are considered collectible. They have no economic or financial value (no economic or financial value), and the images that are not of the historical document are representative of the company's object and the historical period. They are not provided but can be freely downloaded from the website and printed.
