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Auction: 16018 - Bonds and Share Certificates of the World
Lot: 663

1936 Österreichische Credit-Anstalt-Regierungsschuldverschreibungen, a group of 6'820 comprising Schweizer Franken Ausgabe, 1000 Schweizer Franken, Lit. A; brown, Wien 1. März 1936, (2071); 1000 Schweizer Franken (unissued), (42) 500 Schweizer Franken, Lit. B; blue, (26); U.S.A. Dollar Bonds, 1000 $, M, purple, Wien 1. März 1936, (1418); 500 $, D, green, (304); Sterling Bond, 1000 £, B, green, Wien 1. März 1936, (192); 100 £, A, purple, (1060); French Francs Bonds, 10000 Francs Francais, blue (issued and unissued), Wien 1. März 1936, (72); 1000 Francs Francais, red (issued and unissued), (611); Dutch Florin Bonds, 1000 Gulden, A, brown (issued and unissued), Wien 1. März 1936, (942); 100 Gulden, B, red, (49); Reichsmark Bonds, 1000 Reichsmark, bluegrey (issued and unissued), Wien 1. März 1936, (33); generally VF. (6'820 items) [The Majority of the items is still located in Berlin]

The Creditanstalt was founded in 1855 by Anselm von Rothschild. Its bankruptcy occured in 1931, near the start of the Great Depression. It was rescued by the government Ender by distributing the enormous costs between the Republic, the National Bank of Austria and the Rothschild family. In 1934, it merged with the Wiener Bankverein. The Creditanstalt bankruptcy and its impact in producing a major global banking crisis provided an ideal propaganda opportunity for Adolf Hitler and the Nazi Party: it allowed them to further blame Jews for German and international economic and social troubles. The foreign debts of the CA had to be coverd by this international Credit Anstalt bond. Print signature of Ludwig Draxler (1896-1972) as minister for finance. In 1938, Draxler was deported by the Nazi on their first transport to the concentration camp Dachau (so called Prominententransport).

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Sold for
£550