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SCRIPOFILIA.IT THE WORLD SPECIAL ON THE WORLD OF October 30

SCRIPOFILIA.IT SPECIAL ON THE WORLD OF 30 OCTOBER

The "World economic and financial newspaper Il Corriere della Sera de` a `whole page dedicated to the continued appreciation of the old stock certificates and old obbligazionari.In Italy undervalued securities abroad are greater than the odds of at least ten FINANCE & INVESTMENT scripofilia times the interest is growing, but the market is not mature and the estimated value of € 5 000 the "Vigliotti, shares of one thousand florins in Trieste in 1832 issued by Assicurazioni Generali Austria Italy. Less expensive (€ 450,600) of the title with Ducati hundred credit Medici coat of arms of the new Monte redeemable City of Florence, in 1711, or the certificate for five shares of Pirelli thousand lire, 1977 (€ 60). These are some of the lots to be beaten at the auction in October in London (see box) to the delight of lovers of scripofilia, collecting stocks and bonds of history that is taking place in Italy. "The Italian market is still niche as a sleeper," says Alex Witula Portfolio Bolognese antiquarian study historical that organizes the auction. "While it is much more developed in the U.S., Germany, the Netherlands, where the same titles have struggled to figure ten times higher than here, while in Italy the average is about 100 €. Abroad There's more awareness that it is rare that may be, for their historical and artistic value from an alternative investment yields interesting about Witula, `twenty years of experience in the field, reminiscent of a stake in a silver and copper mine in 1784, signed by the poet Goethe, passed in three years from 35 000 to 50 000 €. Alberto Puppo, promoter of the project www.scripofilia.it for the cataloging of ancient titles, the problem is communication. The site seeks therefore to bridge this gap and has in stock 4,000 titles, including that which is regarded as the Penny Black scripofilia, the stock certificate Paris France in 1930 with engravings by Alphonse Maria Mucha, one of a series of six pieces (20 000 € 15 value). By year's end Puppo also will launch a traveling exhibition on historical securities to raise funds for charity, in addition to the museum under construction in Verbania, using the vast collection left to him as an inheritance from his father. But what you need for a quantum leap? Luscia Louis, secretary of the union and head of philatelic numismatic Vicenza Vicenza scripofilia exhibition on numismatics, notes that "for some time numismatists and philatelists are beginning to give way to ancient titles, but there is still much to do, including ensuring greater objectivity in pricing is still too low. from the world Friday, October 7, 2005 - Andrea Di Turi

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