Old bearer share from the 1920s ENZEL financial document

AFW - Antique France Worldwide

Detailed visual description

This old document, visible in the photo, is a bearer share from the ENZEL limited company, visibly dating from the 1920s according to the graphic style and typography used. The document features a blue geometric patterned cover, framing the text "Action de Cent Francs au porteur" (Bearer Share of One Hundred Francs) and a distinctly printed share number. The ivory to slightly yellowed paper reveals a fine texture typical of administrative prints from the early 20th century.

On the right side of the document, there is a series of detachable coupons, arranged in a regular grid. Each coupon bears the mention "ENZEL Société Anonyme" (ENZEL Limited Company) as well as the share number N°010178, repeated on each section. Round red stamps are partially affixed to the coupons, indicating their validation or a dividend payment. The inscriptions are printed in blue, with an elegant and classic period typeface.

The open presentation of the document allows for observation of the complete inner face, with no indication of the reverse side or the outside of the booklet. The format, although not specified, is typical of old financial documents, with decorated margins and a careful layout. The whole is placed on a wooden support, highlighting the light tone of the paper and the sharpness of the prints.

Graphic elements include a star-patterned border around the main frame and discreet watermarks, characteristic of securities from that era. No handwritten elements are visible on the presented face. The overall condition appears good, with light age-related marks, no tears or major signs of alteration apparent in the photo.

This type of document, also called a financial security or stock certificate, constituted proof of ownership of a share of a company's capital. The detachable coupons were used to collect annual dividends.

Condition

Used item, sold as is. The share is well-preserved overall for its age, with some natural paper wear visible at the edges.

Did you know? Bearer shares were common in France until the mid-20th century. They allowed their holder to remain anonymous to the issuing company, unlike registered shares. The attached coupons were detached when dividends were paid, which explains their presence on many old, not fully used certificates.

AFW Reassurance

Careful packaging and fast shipping ensured by a professional seller. Secure delivery to guarantee the preservation of this historical document.

Keywords: antique share, financial security, bearer share, stock market document, ENZEL share, security, detachable coupon, 1920s, vintage share, old stock certificate, paper share, historical document