Bearer share SICAF 100 francs 1920s old vintage financial security

AFW - Antique France Worldwide

Description

An old financial certificate is presented here: it is a bearer share issued by the Société Indochinoise de Commerce, d'Agriculture et de Finance (S.I.C.A.F.), visible on the front in the photograph. This original document is typical of the 1920s, as evidenced by its particularly refined graphic style, fonts, and layout. The border features an intricate decorative pattern in blue-gray tones, surrounding the main body of the document.

The upper part displays the main inscriptions printed in blue, including the mention "ACTION DE 100 FRANCS AU PORTEUR" (100 FRANCS BEARER SHARE), the reference to series B, as well as the company's designation and the amount of its share capital. Several printed signatures are also visible on the document, attesting to its period authenticity. A large red "SICAF" stamp is embossed in several places, particularly on the lower part.

The lower part of the certificate shows a series of numbered coupons, each stamped with the company's red seal. These coupons, typical of old securities, were used to detach dividends upon payment. The whole is printed on slightly yellowed paper, without garish coloration, which confirms its age and adds to its vintage charm.

The presentation on a wooden stand highlights the general condition of the document: the visible side shows no marked creases, major stains, or extraneous handwritten marks. The corners are clean, and the printing remains perfectly legible, both for the decorative frame and for the texts and serial numbers. The slightly satin finish of the paper is characteristic of financial documents from the early 20th century.

The typography, border pattern, and multi-coupon structure make this bearer share a representative example of colonial-era stock market documents, sought after for their decorative and historical value. The whole offers an authentic retro aesthetic, ideal for wall display or framing.

Condition

Used item sold as is. Visible face is clean, with no tears or apparent handwritten annotations. Slight signs of age possible, consistent with the document's age.

Did you know? Bearer shares like this were commonly issued by colonial companies in the early 20th century. They were transferable simply by physical delivery of the certificate, without named registration, which facilitated their circulation on international financial markets.

AFW Reassurance

Careful packaging and fast shipping ensured by a professional seller specializing in antique and vintage documents.

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