Bearer share MECl 50 NF old finance Paris 60s vintage coupon

AFW - Antique France Worldwide

Description

This document is a bearer share from the company MECl (Matériel Électrique de Contrôle et Industriel - Electrical Control and Industrial Equipment), issued in Paris. It is a printed financial certificate, rectangular in shape, predominantly pastel green with subtle geometric patterns along the border. The main share occupies the left side of the sheet, while the right side features a series of detachable coupons, numbered 21 to 30, still attached to the stub.

The certificate is labeled "Action de 50 nouveaux francs au porteur" (Bearer share of 50 new francs), number 249.014. The company is identified as a public limited company with a capital of 14,600,000 NF, with its registered office at 123, boulevard de Grenelle, Paris. The print is clear, with a prominent red "ECI" logo and two handwritten signatures in blue. A security watermark and an embossed seal are also visible, typical of fiduciary documents from that era.

The coupons on the right, also printed in green, each bear a share number and the company name. Some coupons have red "F.F.I." stamps, indicating they are unused. The edges are serrated on the coupon section, typical for easy detachment. The whole is presented flat on a wooden table, with natural light highlighting the paper's texture and the print details.

The graphic style, the mention of "nouveaux francs" (new francs), and the typography used place this document in the 1960s, a period of monetary transition in France. No major defects are visible in the photo, apart from slight handling marks at the corners, with no apparent tears. The paper appears to have retained its rigidity and original colors, with a beautiful print freshness.

This type of document appeals to economic history enthusiasts or scripophily collectors, and serves as a tangible record of 20th-century financial practices. It has decorative appeal for an office, library, or a thematic display case on industrial or stock market history.

Condition

Used item, in good overall condition. The share and its coupons are intact, without missing parts or major creases. Some minor traces of use, slightly marked corners. Sold as is.

Did you know? The "nouveaux francs" (new francs) were introduced in France in 1960 to simplify the currency and combat inflation. Bearer shares, such as this one, were anonymous and transferable, which facilitated their circulation but raised questions of traceability, leading to their gradual suppression from the 1980s onwards.

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