Bearer Share La Précision Moderne 1929 vintage old financial paper

AFW - Antique France Worldwide

Description

This vintage document is a bearer share issued by the limited company "La Précision Moderne," headquartered in Paris, 162 rue Saint-Charles. The share, dated July 16, 1929, is for an amount of 2,500 francs. The main face, visible in the photo, features a blue frame with geometric patterns, typical of the graphic style of the 1920s. The company's title is printed in blue capital letters, above several legal and administrative mentions.

The document is accompanied by detachable coupons aligned on the right side, each bearing the same share number (013,997) and the company's distinctive stamp (red stamp). These coupons are clearly titled "LA PRÉCISION MODERNE," followed by the share number and an individual coupon number. The general presentation is characteristic of French financial securities from the early 20th century, with printing on paper with a screened background and visible handwritten signatures at the bottom left and right of the main document.

The visible surface shows a satisfactory state of preservation: the paper appears flat, without major creases or apparent traces of stains or tears, although slight signs of use may remain. The printing remains clear, with perfectly legible inscriptions, notably the mention "Action de 2.500 Francs entièrement libérée" (2,500 Francs Share fully paid up) and the original signatures. The company's round red stamp is well marked on the main document and each coupon.

The whole comes in the form of a large folded sheet, with the main part on the left and the coupons on the right, in the classic style of bearer shares from the interwar period. The dominant colors are blue, the off-white of the paper, and the red of the stamps.

This type of old security, both a historical document and a decorative object, is sought after for its graphics, its period typography, and the presence of intact coupons. It testifies to the French economic life of the 1920s and the practice of paper shares before the dematerialization of financial securities.

Condition

Used item, sold as is. Shows slight signs of age compatible with old preservation, with no visible structural defects on the face shown.

Did you know? Bearer shares were common in France until the end of the 20th century. They allowed their holder to exercise the rights associated with the share without being nominally registered, which facilitated transfer and anonymity. The detachable coupons were used, among other things, to collect dividends.

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