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Product Details:
CB RICHARD & CO NEW YORK-1924 FINANCIAL ADVISOR
"GERMAN STOCKS OFFER UNDER PRESENT CONDITIONS REMARKABLE POSSIBILITIES...
With PASSCO Certificate of Authentication
1924 C.B. Richard & Co. "German Shares" Investment Circular – Original Wall Street Brokerage Pamphlet – PASS-CO COA – Dawes Plan Era – Historic German Bonds & Stocks
Item Description
Offered here is an original 1924 investment circular issued by the prestigious New York brokerage firm C.B. Richard & Co., 29 Broadway, New York, titled "German Shares." Dated September 2, 1924, this fascinating four-page financial publication provides a firsthand look at Wall Street's outlook on Germany's economy immediately following the implementation of the Dawes Plan.
Rather than being a modern reprint or historical summary, this is an authentic contemporary investment advisory distributed to clients during one of the most important periods in European financial history. It discusses Germany's post-hyperinflation recovery, the rapid appreciation of German bonds, and identifies specific banks and industrial companies believed to offer exceptional investment opportunities.
This rare financial circular has been professionally authenticated by PASS-CO (Professional Authentication Services & Standards Co. LLC) and is accompanied by its original Certificate of Authentication, making it an outstanding addition to any collection of financial history, Wall Street memorabilia, German economic history, or historical securities.
Historical Background
Issued only weeks after the successful launch of the German External Loan of 1924 (Dawes Loan), this circular captures the optimism that returned to international financial markets after Germany's currency stabilization.
Inside, C.B. Richard & Co. explains:
- Germany's economic recovery following the hyperinflation crisis.
- Why German industrial shares were considered undervalued.
- The dramatic rise in German bond prices during 1924.
- The expected impact of the Dawes Plan on Germany's financial future.
- Investment recommendations for leading German banks and industrial companies.
- Commentary on Hungarian industrial investments.
The publication also includes detailed discussions regarding the revaluation of German bonds, municipal securities, and industrial bonds, making it an exceptional primary historical source for researchers and collectors.
Included
- Original 1924 C.B. Richard & Co. Investment Circular
- Four-page pamphlet titled "German Shares"
- Original issue dated September 2, 1924
- PASS-CO Certificate of Authentication
PASS-CO Authentication
This investment circular has been professionally examined and authenticated by Professional Authentication Services & Standards Co. LLC (PASS-CO).
The accompanying Certificate of Authentication confirms the pamphlet as an authentic historical stockbroker sales circular issued by C.B. Richard & Co., New York, providing collectors with additional confidence in its authenticity.
Condition
Good original historical condition for a paper investment circular over 100 years old.
Expected signs of age include:
- Fold lines
- Creases
- Edge wear
- Small tears
- Light staining
- Minor discoloration consistent with age
Please examine all photographs carefully as they form part of the description.
Why Collect This Piece?
Unlike stock certificates or bonds, original Wall Street investment circulars from the 1920s rarely survive. They were intended as temporary advisory publications and were usually discarded after being read. This example offers a unique snapshot of how professional investors viewed Germany's economic recovery in real time and provides invaluable insight into the financial markets during the Dawes Plan era.
Item Details
- Issuer: C.B. Richard & Co.
- Location: 29 Broadway, New York
- Title: German Shares
- Date: September 2, 1924
- Type: Original Investment Circular / Brokerage Advisory
- Pages: 4
- Authentication: PASS-CO Certificate of Authentication Included
- Original: Yes
- Country: United States
- Historical Period: Weimar Republic / Dawes Plan Era
This is a secure site, we are members of:
- American Numismatic Association
- PMG
