Archives International Auctions Auction 89 Part 2 November 21, 2023

Archives International Auctions - Sale 89 Part2 55 November 21, 2023 Archives International Auctions 357 357 Hong Kong and Shanghai Banking Corp. ca. 1990s Specimen ADR Stock Certificate Hong Kong, ca. 1990s. Odd Shares Specimen ADR Stock Certificate, Black text with red border, Citibank logo at top center. Specimen POCs, Return to Record & Specimen Dept. handstamp at left, Pin-punch specimen overprints. VF condition, ABNC. The Hongkong and Shanghai Banking Corporation Limited, commonly known as HSBC, is the Hong Kong subsidiary of multinational bank HSBC. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. ������������������������������ Est. $150-300 Iceland 358 358 Central Bank of Iceland, 2001, Pair of Issued Banknotes Iceland, 2001. 1000 Kronur, P-59a (2), Pair of Issued Banknotes, Red on m/c underprint with Bishop Brynjolfur Sveinsson at left, S/Ns E42402726 & E42292837, Both notes are PMG graded Gem Uncirculated 66 EPQ and were printed by TDLR. (2). Sold “AS IS” no returns accepted. ������������������������������������������������������������������������������������������������������������������ Est. $100-200 Indonesia 359 359 Republik Indonesia, 1947, Issued Banknote Indonesia, 1947. 100 Rupiah, P-29, Issued Banknote, Brown on brown-orange/pink underprint Block SDA1, PMG graded Choice uncirculated 63. ������������������������������������������������������������������������������ Est. $150-300 Iran & United Kingdom 360 360 Iran, Anglo Iranian Oil Co. Ltd., (Renamed British Petroleum in 1954) ND (ca.1935-54) Issued Scrip Note. Iran and United Kingdom. Anglo Iranian Oil Co. Ltd., ND (ca.1935-54) Issued Scrip Note, 25 Dinars, P-Unlisted, Black printing on light turquoise paper, blank back, PMG graded Choice About Unc. 58. The Anglo-Iranian Oil Company (formerly the Anglo-Persian Oil Company and currently BP) had been drilling for oil in Iran since 1913. In 1908, a British venture capitalist discovered oil in southern Iran. Throughout the early 20th century, the ruling Pahlavi government made various concessions with the British that gave the UK control over certain elements in the Iranian economy. In 1951, Iran began the nationalization of their oil industry. On 26 May 1951, the UK took Iran to the ICJ, demanding that the 1933 agreement be upheld and that Iran pay damages and compensation for disrupting the UK-incorporated company’s profits. Iran ignored the ruling. Despite the outcome of the case, the British government was determined to both reclaim control of Iran’s oil fields and signal to other countries that nationalization efforts would lead to retaliation. Along with the United States government, it began an oil boycott against Iran as a means of cutting off petroleum profits and weakening the Iranian government. The value of the rial fell by 45%. Following this, the UK’s intelligence service, MI6 requested assistance from the United States’ newly-formed Central Intelligence Agency (CIA) to overthrow Mosaddeq. What followed was a series of disruptions and eventually Mosaddeq was overthrown in a coup in August 1953 with Mohammad Reza Shah returning to Iran. Rare and historic oil industry fiscal document. ���������������������������������������������������� Est. $500-1000