National Department of the Kingdom of Galicia and Lodomeria..., 4.5% National Loan, bond 9,600 crowns 1914
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Lot description
Reference: Mazur D.18.4; Kurek GA-17.4
National Department of the Kingdom of Galicia and Lodomeria together with the Grand Duchy of Cracow
4.5% National Loan of 1914 for economic purposes
Bond of 9,600 crowns - the highest denomination of the issue.
Until now, this bond was unknown on the collector's market, nor was any piece of this denomination known to the authors of catalogs of debt securities (catalogs by J. Mazur and M. Kurek). This is the first recorded piece.
The bond was issued in an edition of 1,700 pieces. Recommended!
format_quote. Any bonds issued by the National Department of the Kingdom of Galicia and Lodomeria together with the Grand Duchy of Cracow (with the exception of the 4% national loan bonds issued in 1893) are very rare and sporadically appear on the collector's market. The bonds of the 4.5% national loan of 1914 are no different. In addition, in this auction we have a unique, hitherto unknown from the surviving pieces, highest denomination of the issue of 9,600 crowns.The 1914 loan was issued for economic purposes, including the construction of new vocational schools (a forestry school in Lviv, a ceramics school in Lviv, a weaving school in Krosno), the expansion of a plant in Kobierzyn, the expansion of the St. Lazarus Hospital in Krakow, as well as for increasing the share capital of the National Bankformat_quote
Maciej Kurek - Researcher of historical securities. Author of catalogs: short-term debt securities; municipal bonds; and mortgage bonds."
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