Bearer share Émailleries de la Marne vintage 1920s old title

AFW - Antique France Worldwide

Description

Old financial certificate visible in the photo, it is a bearer share issued by the company "Émailleries de la Marne". The document features typical 1920s printing, with a wide decorative red border and a repetitive pattern around the frame. The main title "Émailleries de la Marne" is clearly legible at the top, accompanied by the mention "Société Anonyme au Capital de 20.000.000 de Francs" (Public Limited Company with a Capital of 20,000,000 Francs).

The center of the document states: "Action de Mille Deux Cent Cinquante Francs au Porteur" (Bearer Share of One Thousand Two Hundred and Fifty Francs), with the individual number 007,960 clearly visible. The lower part of the certificate consists of a series of detachable coupons, numbered 1 to 20, also bearing the company's name and the same share number. Several blue stamps "Émailleries de la Marne" are affixed to the coupons, reinforcing the authenticity and historical use of the document.

The entire piece is printed on slightly satin paper, with a predominance of red and blue for the inscriptions and stamps. The graphic style, typography, and ornaments are consistent with interwar stock certificates and bonds, evoking a sober and structured Art Deco aesthetic.

The visible side shows a well-preserved document, with no apparent tears, sharp corners, and still vibrant printing. The details of the geometric patterns are clear, and no major alteration is perceptible on the presented surface. The document is laid flat on a wooden surface, allowing the entirety of the printed side to be appreciated.

This type of old financial paper, also called "old share" or "bearer bond," was used as proof of ownership of a share in the issuing company, here in the French industrial enameling sector.

Condition

Used item sold as is. The overall condition of the visible side is very good, with no major apparent defects in the image. The inscriptions remain perfectly legible. Document intended for decoration, economic history, or archiving.

Did you know? Bearer shares like this were common in France until the mid-20th century. They allowed their holder to cash in the company's dividends simply by presenting the coupon, without the owner's name being registered. This system gradually disappeared in favor of registered shares for reasons of traceability and fraud prevention.

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