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Scarce Karl Faberge 1916 Stock Certificate Signed for the House of Faberge -- One Year Before the Bo

Currency:USD Category:Art Start Price:5,000.00 USD Estimated At:8,000.00 - 7,500.00 USD
Scarce Karl Faberge 1916 Stock Certificate Signed for the House of Faberge -- One Year Before the Bo

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Auction Date:2014 Mar 27 @ 17:00 (UTC-07:00 : PDT/MST)
Location:11901 Santa Monica Blvd. #555, Los Angeles, California, 90025, United States
“Winners will be notified after the auction ends and once all bids have been processed to determine the winner for each lot”
Russian jeweler Karl Faberge here signs a Faberge stock certificate, dated 26 November 1916. In this year, the House of Faberge, known for its exquisitely jeweled eggs, became a joint-stock company with a capital of 3 million rubles. The receipt for three shares of stock translates, ''By producing the shares of 'limited liability partnership K. Faberge' and by presenting this receipt, the above named partnership is committed to give Otto Bayer 3 fully paid for shares of the 'limited liability partnership K. Faberge' worth five thousand rubles each, numbers five hundred eighty-six through five hundred eighty-eight (586-588), totaling fifteen thousand rubles (15000 R)''. Signed ''K. Faberge'' and countersigned by Karl's son Eugene, ''E. Faberge''. The following year, in 1917 during the Russian Revolution, the company was taken over by a ''Committee of the Employees of the Company K Faberge'' and then nationalized in 1918. The Faberges left Russia and Karl would die shortly thereafter in 1920. Document runs one-page on card-style stationery measuring 8.5'' x 11. Light toning, foxing and creasing, overall in very good condition. With PSA/DNA COA. Scarce.