Bearer share Société Générale Commerce Extérieur 1920s old certificate

AFW - Antique France Worldwide

Description

This document, visible in the photo, is a bearer share issued by the "Société Générale de Commerce Extérieur" (General Foreign Trade Company). It is an old financial certificate, typical of the 1920s, recognizable by the finesse of its ornamental motifs and the characteristic typography of that era. The certificate is printed in blue tones and features a floral and geometric patterned frame, with the company's header and name clearly legible. The company logo appears at the top center, framed by the words "Sté Générale de Commerce Extérieur."

The main part of the document displays the mention "Action de 100 Francs au porteur" (Bearer Share of 100 Francs), as well as various printed administrative elements. Several handwritten signatures and red stamps are visible, attesting to the authenticity and circulation of the security at the time. The printing is meticulous, on paper with a slightly yellowed appearance, typical of old financial archives.

On the left side of the document, a sheet of detachable coupons is clearly visible. Each coupon bears the corresponding share number, accompanied by circular red stamps and a grid of information printed in blue. The coupons are arranged in columns and crossed by a diagonal pencil mark, indicating cancellation or past use. The mentions "Action N°" (Share No.) and dates appear on each coupon, confirming its nature as a bearer share.

The document is presented unfolded, highlighting its large size and the richness of its graphic details. The overall style evokes Art Deco aesthetics, common in French financial securities of the 1920s. No frame or excessive creases are observable, but the paper shows a slight natural curve due to its handling and age.

The main inscriptions, such as "Société Générale de Commerce Extérieur," "Action au porteur," "100 Francs," and the share number, are all legible and printed with great clarity. The mention of a general assembly dated November 26 is also distinguishable, which precisely places the issue within the financial context of the interwar period.

Condition

Second-hand item, sold as is. The document shows signs of age: slight handling marks, natural paper patina, and some minor creases. The stamps and signatures are well preserved and legible.

Did you know? Bearer shares were commonly used in France before the widespread dematerialization of financial securities. They allowed any physical holder of the document to assert their rights with the issuing company, without the owner's name being recorded in the registers. This type of security, ornate and printed on secure paper, is now of patrimonial and historical interest.

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Keywords: antique security, bearer share, financial certificate, paper value, detachable coupon, 1920s, Art Deco, Société Générale Commerce Extérieur, vintage share, old stock certificate, antique financial security, historical document