Author Topic: Chinese bank bond 1913 waterlow & sons  (Read 2303 times)

jerryk

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Chinese bank bond 1913 waterlow & sons
« on: April 26, 2014, 06:52:06 pm »
Hi all!

I was wondering if anyone can give me some insight to the bond. I came across this today and was very curious. I have seen them at auction but was wondering on this particular one. any info would be so helpful and if any or no value. 

25,000,000 sterling , or marks 511,250,000, schuldverschreibung uber 409 mark

mart

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Re: Chinese bank bond 1913 waterlow & sons
« Reply #1 on: April 26, 2014, 08:29:34 pm »
What does the tiny print say below the red mark ??  Are you sure this isn`t a copy ??  Why would anyone frame a 5% Gold loan bank bond ??  There was another similar either coming up for sale or sold  at auction !!

jerryk

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Re: Chinese bank bond 1913 waterlow & sons
« Reply #2 on: April 26, 2014, 09:55:26 pm »
hi, Positive its not a copy, below the red marking it says wateflow and sons, i took it around town and also to a printer who was pretty impressed as to how i found this and the condition. The other two markings say eight shilinca i think .  the other looks to say 30.7.20

mart

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Re: Chinese bank bond 1913 waterlow & sons
« Reply #3 on: April 27, 2014, 11:33:48 am »
Where did you find it ??  Still seems odd to me that anything backed by gold would wind up in a frame hanging on someones wall !!  Hope you understand what I mean !! Its just not what someone would normally do !!

mart

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Rauville

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Re: Chinese bank bond 1913 waterlow & sons
« Reply #5 on: April 27, 2014, 12:07:00 pm »
Where did you find it ??  Still seems odd to me that anything backed by gold would wind up in a frame hanging on someones wall !!  Hope you understand what I mean !! Its just not what someone would normally do !!

I think that's why they are called "Wallpaper Bonds". There has been a movement for years to get China to acknowledge their obligation to bonds that were defaulted on.
http://americanbondholdersfoundation.com/

mart

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Re: Chinese bank bond 1913 waterlow & sons
« Reply #6 on: April 27, 2014, 12:15:52 pm »
Ok !!  Well that explains it !!  But at least a few are selling !!

jerryk

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Re: Chinese bank bond 1913 waterlow & sons
« Reply #7 on: April 27, 2014, 02:46:44 pm »
Thanks all, to answer this was found at some thrift store just sitting there,. I was not going to buy it but really enjoyed the way it looked framed. Thinking that maybe i should check it,  can this perhaps be some fake? i opened the frame and on the back found the coupons. I did see that ebay listing and not all that bad for a 10.00 dollar find.

mart

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Re: Chinese bank bond 1913 waterlow & sons
« Reply #8 on: April 27, 2014, 03:17:34 pm »
I would say you did well !! Nice find !!

Ipcress

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Re: Chinese bank bond 1913 waterlow & sons
« Reply #9 on: April 28, 2014, 08:13:31 am »
Plenty of copies about. Remove it from the frame, check for the coupons and watermarks

Like the look of the stamps on yours though.

jerryk

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Re: Chinese bank bond 1913 waterlow & sons
« Reply #10 on: April 29, 2014, 11:08:36 am »
I removed it from the frame coupons were there