Scripophily.com is Now Offering a Scarce Stock Certificate from the Vigo Bay Treasure Company Issued in 1886
Fairfax, Virginia (PRWEB) December 07, 2016 -- Scripophily.com is offering a an historic uncancelled stock certificate from the Vigo Bay Treasure Company issued in 1886. This historic document was printed by the American Banknote Company and has an ornate border around it with a vignette of a steam engine sailing ship at sea and is over 130 years old. There is also an embossed corporate seal with the company's name and the place of incorporation - Camden, New Jersey. This item also has the hand signatures of the Company’s President ( Chas. F. Pike ) and Treasurer ( Chas. Thomas ).
The Vigo Bay Treasure Company purpose was to find the treasure in the harbor of Vigo, Spain from the famous battle of 1702 known as the battle of Rande. The Spanish Treasure fleet of 1702 sailed from Havana in Cuba on 24th July to return home to Cadiz with a particularly large remittance of silver, part of it to refill the coffers of Philip V of Spain. The fleet was well protected by both Spanish warships (under Manuel de Velasco) and French warships (under Francois Louis de Rousselet Chateau-Renault). As the fleet approached Spanish waters, Velasco sent a fast Spanish ship to Seville to warn the authorities of the approach of the plate fleet.
One of the captured Spanish ships, 'Tauro', was brought back to England and it is said that her cargo (then) was worth £200,000 with the total amount retrieved from the battle being some 4504 lbs of silver or £1,000,000 in total but the greater part of cargo had been off-loaded before the attack. One of the ships being brought back to England as a prize, 'Santo Cristo De Maracaibo' struck a rock just after leaving Vigo and her cargo has never been recovered.
This was a terrible defeat for Spain. 2,000 men from the Hispano-French Squad and 800 from the Anglo-Dutch lost their lives in San Simon's inlet. Much of the treasure was captured, but much was alleged to have been sunk, and The Vigo Bay Treasure Company was an attempt at the recovery. In the book "20,000 leagues under the sea" by Jules Verne, the Vigo Bay Treasure is mentioned and Verne personally visited Vigo to research the subject.
Scripophily (scrip-ah-fil-ly) is the name of the hobby of collecting old stock and bond certificates. Certificate values range from a few dollars to more than $500,000 for the most unique and rare items. Tens of thousands of Scripophily buyers worldwide include casual collectors, corporate archives, business executives, museums and serious collectors. Due to the computer age, more and more stock and bonds are issued electronically which means fewer paper certificates are being issued. As a result, demand for paper certificates is increasing while supply is decreasing.
Scripophily.com - The Gift of History, founded by bob Kerstein, is the Internet's leading buyer and seller of collectible stock and bond certificates and have items on loan for display in the Smithsonian's Museum of Financial History in New York. Our company has been featured on CNBC, USA Today, Associated Press, Reuters, Nightline, Today Show, Baltimore Sun, and Washington Post and in many other media publications. The company also offers the World’s #1 old stock research service at OldCompany.com and offers high resolution scans for publications. Scripophily.com has over 17,500 selections on its website.
Scripophily.com / Old Company Research Service, founding member of the Old Stock Exchange, is the successor company to all material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, R.M. Smythe Stock Research Service, and the Herzog & Co., Inc. obsolete research services. These services have been performed continuously for over 136 years since 1880.
Scripophily.com and Old Company Research Services was founded by Bob Kerstein (Bob.com). Bob is a CPA and CGMA, and has more than 39 years of senior management experience in the Cellular, Cable TV, Satellite, Internet, Professional Sports and Entertainment Industries. Bob is also the President of the Professional Scripophily Traders Association (PSTA) and co founder of the American Stock and Bond Collectors Association.
For more information on Scripophily.com®, visit http://www.scripophily.com, http://www.oldcompany.com, http://www.scripophily.net, http://www.bob.com or call 1-703-787-3552.
Bob Kerstein, Scripophily.com, http://www.scripophily.net, +1 703-787-3552, [email protected]
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