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Auction 342  30-31 Oct 2018
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Lot 1116

Starting price: 90 USD
Price realized: 110 USD
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Keyserlyche Indische Compagnie. Certificate for one share of 1000 gulden, 1723, number 371, vignette of company arms at top, black, signatures of four directors, text details first installment of 250 gulden, with endorsements showing further installments 1723-1725 making the share fully paid, good very fine. The company was formed by Flemish businessmen and had a charter for 30 years trading to the East and West Indies. The shares were heavily oversubscribed and the company´s initial trading was very successful, paying nearly twice the share capital in dividends in its first year. The major powers of Europe felt threatened by the company´s success and it was forced into liquidation under the Treaty of Vienna of 1731..

Estimate: $150-250
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