Previous Lot Next Lot

Auction: SW1014 - Bonds & Share Certificates of the World
Lot: 20

Koninklÿke Nederlandsche Maatschappij tot Exploitatie van Petroleumbronnen in Nederlandsch-Indié. Lot: 3 different items. Shares 100 Guilders, s-Gravenhage. a) February 1914 (Capital fl 100 Mio.), #03829. (Coupons scotched) b) July 1924 (Capital fl 600 Mio.) #336032. c) February 1931 (Capital fl 1 Mia.), # 337359. Royal Dutch Petroleum Company was founded in 1890 by August Kessler. With the support of the Dutch government, Royal Dutch drilled for oil in the Dutch East Indies. Big oil fields were discoverd on Sumatra. When August Kessler died in 1900, Henri Wilhelm August Deterding (1866-1939) became president for the next 36 years. He was called the Napoleon of Oil. August Deterding made Royal Dutch the runner up against John D. Rockefeller's Standard Oil (see Lots 337 and 338) and developed a tanker fleet that let Royal Dutch compete with the Shell Company of Marcus Samuel. He also allowed very close cooperation with Samuel’s Shell Transport and Trading Company (see Lot 69) which took place in 1907. In 1911, he purchased the Azerbaijan oil fields from the Rothschild family. Royal Dutch Shell was one of the Seven Sisters, the oil companies that dominated the world oil market in the mid of the 20th century. The set of all three shares is rare. All items bear the printed signature of H. Deterding as Directeur. (3x)

Sold for
SFr360