Auction 5 Paper Money, Scripophily and Banking Histrory

By Money and Exchange

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Thursday, Nov 13, 3:00 PM
86-90 Paul Street, London EC2A 4NE, UK
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Discover the legacy of world finance in Money and Exchange Auction 5, presenting over 350 extraordinary lots from the golden age of global trade and empire. This exclusive sale features rare bills of exchange addressed to the Rothschilds, unique printer’s proofs, and merchant documents from Constantinople, Smyrna, and Beirut—many unseen outside institutional collections.


Explore the networks that built modern finance: where Barings, Goldman Sachs, HSBC, and the Rothschilds powered transcontinental trade. From early 19th-century Ottoman banking to colonial Caribbean drafts, Latin American correspondence, and Asian port-city bills, this auction offers a breathtaking journey through the evolution of global commerce.


Among the highlights, a historic Real Madrid bond captures the financial origins of one of the world’s greatest football clubs—a tangible link to the creation of the Santiago Bernabéu Stadium and the rise of Real Madrid’s global legend.


Whether you are a scripophily collector, a scholar of international finance, or simply drawn to rare historical paper, this is a sale you will not want to miss.

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366 lots
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The prices are displayed as Base prices. On the lot page, the full prices are also displayed

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Argentina, Republica Argentina, Internal Loan Bond, Buenos Aires, 500 Pesos, 1938. Attractive
LOT 1:

Argentina, Republica Argentina, Internal Loan Bond, Buenos Aires ...

Start price:
$ 40
Argentina, Republica Argentina, Internal Loan Bond, Buenos Aires, $100 Oro, 1909. Large format
LOT 2:

Argentina, Republica Argentina, Internal Loan Bond, Buenos Aires ...

Start price:
$ 40
Argentina, London & River Plate Bank, Bill of Exchange, Buenos Aires, 1904, £8.15s. Highly
LOT 3:

Argentina, London & River Plate Bank, Bill of Exchange, Buenos ...

Start price:
$ 60
Austria / Italy Trieste Societa d’Assicurazione Marittima Bill of Exchange 1806 Insurance
LOT 4:

Austria / Italy Trieste Societa d’Assicurazione Marittima Bill of ...

Start price:
$ 200
Austria, Société d'Escompte de la Basse Autriche, Rothschild, Bill of Exchange, Vienna, 1881
LOT 5:

Austria, Société d'Escompte de la Basse Autriche, Rothschild ...

Start price:
$ 75
Austria 1858 Wien Bill of Exchange Signed by Philip Schey von Koromla. Rare Austro-Hungarian
LOT 6:

Austria 1858 Wien Bill of Exchange Signed by Philip Schey von Koromla

Start price:
$ 150
Austria Oesterreichischen Staats Anleihe / Austrian Rothschild Loan Certificate Uncut Sheet 1849.
LOT 7:

Austria Oesterreichischen Staats Anleihe / Austrian Rothschild ...

Start price:
$ 70
Austria, Gödinger Zuckerfabrik Carl Stummer, Promissory Note, Vienna, 799.10 Gulden, 1875. Beauti
LOT 8:

Austria, Gödinger Zuckerfabrik Carl Stummer, Promissory Note ...

Start price:
$ 50
Austria, Rohrbacher Zuckerraffinerie AG, Promissory Note, Vienna, 310.36 Gulden, 1869. A
LOT 9:

Austria, Rohrbacher Zuckerraffinerie AG, Promissory Note, Vienna ...

Start price:
$ 50
Austria, Siegendorfer Zuckerfabrik, Promissory Note, Siegendorf, 624.56 Gulden, 1890. Issued in
LOT 10:

Austria, Siegendorfer Zuckerfabrik, Promissory Note, Siegendorf ...

Start price:
$ 50
Austria-Hungary, Österreichisch-Ungarische Bank, Pfandbrief, Wien, 5000 Gulden, 1893. Beautifully
LOT 11:

Austria-Hungary, Österreichisch-Ungarische Bank, Pfandbrief, Wien ...

Start price:
$ 30
Austria, Banque des Pays de l’Europe Centrale, Ordinary Share, Paris, 100 Francs, 1922. Elegant
LOT 12:

Austria, Banque des Pays de l’Europe Centrale, Ordinary Share ...

Start price:
$ 25
Belgium Antwerp Letter of Credit 'Banque d’Anvers' Specimen - Unique. Banque d’Anvers was a key
LOT 13:

Belgium Antwerp Letter of Credit 'Banque d’Anvers' Specimen - Unique. ...

Start price:
$ 80
Belgium New Beerschot Athletic Club Antwerp 1000 Francs Share Sport Football. A 1000 francs
LOT 14:

Belgium New Beerschot Athletic Club Antwerp 1000 Francs Share ...

Start price:
$ 50
Bolivia, Government Loan, Certificate, £100, 1880. Certificate from the Bolivian Government Loan
LOT 15:

Bolivia, Government Loan, Certificate, £100, 1880. Certificate ...

Start price:
$ 50
Brazil 1910 State of Ceará (Brazil) – 5% Gold External Loan Bond – 500 Francs - Coupons. Striking
LOT 16:

Brazil 1910 State of Ceará (Brazil) – 5% Gold External Loan Bond ...

Start price:
$ 40
Brazil, Municipality of Pará (Belem), 5% Gold Loan Bond, Brazil, 500 Francs, 1905. Attractive
LOT 17:

Brazil, Municipality of Pará (Belem), 5% Gold Loan Bond, Brazil ...

Start price:
$ 50
Brazil, Municipality of Pará (Belém), Bond, Belém, 1915, £10. Attractive funding bond issued by
LOT 18:

Brazil, Municipality of Pará (Belém), Bond, Belém, 1915, £10. Attra ...

Start price:
$ 50
Brazil Embraer Embresa Brasileira de Aeronautica SA Preferred Shares 1972
LOT 19:

Brazil Embraer Embresa Brasileira de Aeronautica SA Preferred ...

Start price:
$ 30
Brazil Banco Italo-Belga Santos Bill of Exchange Cheque 1918 Brasil. Nice vignette with view of
LOT 20:

Brazil Banco Italo-Belga Santos Bill of Exchange Cheque 1918 Brasil. ...

Start price:
$ 25
British Guyana Bank Bill of Exchange for £90 Demerara 1897. Issued in Demerara on 14 April 1897
LOT 21:

British Guyana Bank Bill of Exchange for £90 Demerara 1897. Issued ...

Start price:
$ 70
Burma, Chartered Bank of India, Australia & China, Bill of Exchange, Rangoon, 1899, £21. A fine
LOT 22:

Burma, Chartered Bank of India, Australia & China, Bill of ...

Start price:
$ 120
Canada 'Canadian Bank of Commerce' Bill of Exchange 1874 New York Branch. Bill of Exchange for
LOT 23:

Canada 'Canadian Bank of Commerce' Bill of Exchange 1874 New York ...

Start price:
$ 85
Canada The Merchants Bank of Canada Draft New York 1876 111 Pounds Sterling. Issued by the New
LOT 24:

Canada The Merchants Bank of Canada Draft New York 1876 111 ...

Start price:
$ 75
Canada Royal Bank of Canada Cheque Havana 1921 500 Pesetas. Cheque from Havana branch of the
LOT 25:

Canada Royal Bank of Canada Cheque Havana 1921 500 Pesetas. Cheque ...

Start price:
$ 30
Canada Bank of British Columbia Bill of Exchange San Francisco 1893. 1894 Bank of British
LOT 26:

Canada Bank of British Columbia Bill of Exchange San Francisco 1893. ...

Start price:
$ 140
Canada Bank of Montreal 1872 PMG 45 XF Bill of Exchange. # S/N 350 Bill of Exchange for £3300;
LOT 27:

Canada Bank of Montreal 1872 PMG 45 XF Bill of Exchange. # S/N 350 ...

Start price:
$ 200
Canada Bank of Montreal Bill of Exchange for 3 Pounds London 1903. Payable by Toronto Branch XF
LOT 28:

Canada Bank of Montreal Bill of Exchange for 3 Pounds London 1903. ...

Start price:
$ 75
Canada Bank of Montreal Bill of Exchange XF 45 PMG New York London. # S/N 391 Bill of Exchange
LOT 29:

Canada Bank of Montreal Bill of Exchange XF 45 PMG New York London. ...

Start price:
$ 160
Central Railway Company of Canada £100 Mortgage Bond 1914 Coupons Uncancelled
LOT 30:

Central Railway Company of Canada £100 Mortgage Bond 1914 Coupons ...

Start price:
$ 40
Chile, Banco de Chile, Bill of Exchange, Santiago, 3528 Francos, 1909. Early 20th-century
LOT 31:

Chile, Banco de Chile, Bill of Exchange, Santiago, 3528 Francos, 1909

Start price:
$ 35
China, Foochow (Fuzhou) Bill of Exchange, 1882, £1021.2.10. Issued in Foo Chow (Fuzhou) against
LOT 32:

China, Foochow (Fuzhou) Bill of Exchange, 1882, £1021.2.10. Issued ...

Start price:
$ 50
China, Asiatic Credit Company, Withdrawal Slip, Shanghai, 1930s. Unused withdrawal slip from
LOT 33:

China, Asiatic Credit Company, Withdrawal Slip, Shanghai, 1930s. Un ...

Start price:
$ 35
China, Banque de l’Indo-Chine, Cheque, Peking, 200 Francs, 1903. A 200 Francs cheque issued in
LOT 34:

China, Banque de l’Indo-Chine, Cheque, Peking, 200 Francs, 1903. A ...

Start price:
$ 25
China Chartered Bank of India Australia and China Bill of Exchange Hong Kong 1883 £900. Large
LOT 35:

China Chartered Bank of India Australia and China Bill of ...

Start price:
$ 200
China Chartered Bank of India, Australia and China 1874 PMG 45 Choice Extremely Fine. # S/N
LOT 36:

China Chartered Bank of India, Australia and China 1874 PMG 45 ...

Start price:
$ 200
China Oriental Bank Corporation Shanghai Bill of Exchange PMG EPQ 45 Choice XF 1873 PMG 45
LOT 37:

China Oriental Bank Corporation Shanghai Bill of Exchange PMG EPQ ...

Start price:
$ 240
Cuba Empresa del Ferro-Carril de Guantánamo Share Certificate Santiago de Cuba 1894 100 Pesos. Ra
LOT 38:

Cuba Empresa del Ferro-Carril de Guantánamo Share Certificate ...

Start price:
$ 50
Cuba Empresa del Ferro-Carril de Guantánamo Share Certificate DUPLICADO Santiago de Cuba 1896
LOT 39:

Cuba Empresa del Ferro-Carril de Guantánamo Share Certificate ...

Start price:
$ 50
Cuba / Spain, Gobierno de España, Spanish - American War, Interior Debt Certificate, Madrid
LOT 40:

Cuba / Spain, Gobierno de España, Spanish - American War ...

Start price:
$ 50
Cuba, Republic of Cuba, National Development Bond, Havana, 1000 Pesos, 1952. Large and
LOT 41:

Cuba, Republic of Cuba, National Development Bond, Havana, 1000 ...

Start price:
$ 150
Cuba, Crédit Foncier Cubain, Bond, Havana, 1912, 500 Francs. Another 500 Francs Crédit Foncier
LOT 42:

Cuba, Crédit Foncier Cubain, Bond, Havana, 1912, 500 Francs. Anothe ...

Start price:
$ 50
Cuba, Habana 'Club Deportivo Hispano América' Bono de 20 Pesos 1946 Football. Rare 20th-Century
LOT 43:

Cuba, Habana 'Club Deportivo Hispano América' Bono de 20 Pesos ...

Start price:
$ 150
Cuba, Banco Español de la Isla de Cuba, Share Certificate, Havana, 1910, 100 Pesos Oro Español. A
LOT 44:

Cuba, Banco Español de la Isla de Cuba, Share Certificate, Havana ...

Start price:
$ 80
Cuba Cuba North and South Railroad Co 250 Shares 1920. # 2 certificate # 2; vignette with two
LOT 45:

Cuba Cuba North and South Railroad Co 250 Shares 1920. # 2 ...

Start price:
$ 75
Cuba Banco de los Colonos 1942 Share Accion $10 Sugar Azucar Havana Habana
LOT 46:

Cuba Banco de los Colonos 1942 Share Accion $10 Sugar Azucar ...

Start price:
$ 35
Cyprus Societe Anonyme Ceramique Share of 50 Pounds 1903 only 100 Issued. Early Cypriot share
LOT 47:

Cyprus Societe Anonyme Ceramique Share of 50 Pounds 1903 only 100 ...

Start price:
$ 40
Cyprus Societe Anonyme Ceramique Share of 50 Pounds 1909 only 450 Issued. Later issue from the
LOT 48:

Cyprus Societe Anonyme Ceramique Share of 50 Pounds 1909 only 450 ...

Start price:
$ 40
Bohemia & Moravia 5000 Korun 1943 Specimen PMG 66EPQ Gem UNC. P# 16s; N# 277702; # C 792638;
LOT 49:

Bohemia & Moravia 5000 Korun 1943 Specimen PMG 66EPQ Gem UNC. P# ...

Start price:
$ 190
Bohemia & Moravia 5000 Korun 1943 Specimen PMG 65EPQ Gem UNC. P# 16s; N# 277702; # C 199458;
LOT 50:

Bohemia & Moravia 5000 Korun 1943 Specimen PMG 65EPQ Gem UNC. P# ...

Start price:
$ 150
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