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Auction: 15019 - Bonds and Share Certificates of the World
Lot: 294

Braunschweigische Kohlen-Bergwerke, Helmstedt, 1200 marks share, 7 May 1920, brown and orange, ornate border, generally good very fine to extremely fine. (213)

In 1873 the company was founded in Berlin, but headquarters later moved to Helmstedt, a town on the eastern edge of the German state of Lower Saxony, about 36 kilometres east of Braunschweig and 90 kilometres east of the state capital Hannover. As the region around Braunschweig has large coal reserves the company is still active in surface mining. Today it belongs to PreussenElektra, which merged with Bayernwerk AG to become E.ON Energie, a subsidiary company of Germanys largest energy company E.ON.

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Estimate
£250 to £300