1939 Alpine Mountain [Reichswerke] " Hermann Göring " Linz RM100 Stock Cert VF,
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Item History & Price
| Reference Number: Avaluer:14672010 |
Reichswerke Hermann Göring Stock Certificate
Series November 1939 - 100 Reichsmarks
Alpine Montan Aktiengesellschaft , , Hermann Göring'' Linz
(Alpine Mountain Company [Reichswerke] "Hermann Goering" Linz)"No Gold for a year * No Silver for ten years * But Iron forever" the slogan should give you a good idea of what was produced. Nice clean cancelled certificate from the Hermann Goering steel works in Linz, Austria, Hitler's favorite hometown. Condit...ion: F+ Printed by Waldheim-Eberle of Vienna. Certificate numbers will vary, but the Quality will not!Thanks for looking!Please see my Other Items for more German WWI and WWII era stocks and bonds, and be sure to add me to your favorites list!
Thumbnail History...From Wikipedia:Reichswerke Hermann Göring was an industrial conglomerate of Nazi Germany. It was established in July 1937 to extract and process domestic iron ores from Salzgitter that were deemed uneconomical by the privately held steel mills. The state-owned Reichswerke was seen as a vehicle of hastening growth in ore mining and steel output regardless of private capitalists' plans and opinions, which ran contrary to Adolf Hitler's strategic vision. In November 1937 Hermann Göring obtained unchecked access to state financing and launched a chain of mergers, diversifying into military industries with the absorption of Rheinmetall. Göring himself supervised the Reichswerke but did not own it in any sense and did not make personal profit from it directly, although at times he withdrew cash for personal expenses.After the Anschluss the Reichswerke absorbed Austrian heavy industries, including those owned by private German investors. The cluster of steel mills and supporting companies in Linz became its most important asset...Göring turned his eyes to Austrian steel in 1937. The Anschluss of March 1938 gave Göring practically unlimited access to Austrian resources. The Reichswerke's activities in Austria demonstrated that Göring regarded captured assets as state property and was not willing to share the fortunes with private German businesses – on the contrary, the Reichswerke absorbed Austrian assets that were already owned by German investors and completely eliminated the barons of Ruhr from Austrian industry. Its primary target in Austria, Alpine Montangesellschaft steel company, was 56% owned by German giant VS [Vereinigte Stahlwerke AG (United Steelworks Corp.)]. Immediately after the Anschluss, Göring advised VS to speed up mining its Austrian ores, and again the private business refused in fear of overproduction.The Reichswerke purchased a non-controlling share in Alpine and then wrestled complete control over the company for six months. Regulatory pressure threatened to devalue Alpine, and in March 1939 VS stepped aside. Alpine's ore resources were vital for Göring's second great project – the new vertically integrated cluster of steel mills in Linz which also included Eisenwerke Oberdonau and numerous construction and shipping companies. Göring, in his functions of President of Prussia and Chief of the Luftwaffe, also established close ties between the Reichswerke and the oil and aircraft industries.The assets of the Reichswerke acquired by conquest were recaptured by Allied troops between 1943–1945...The Reichswerke assets in allied-occupied Austria were nationalized by the First Nationalization Law enacted by the Austrian Parliament on July 26, 1946. The ore mines in Erzberg and the steel mills in Linz, destroyed by allied air raids, were reorganized into the state-owned VÖEST (now part of voestalpine). Reconstruction of these assets became a key priority of the Marshall Plan in Austria. Nationalization was supported by the United States Department of State and opposed by the U. S. Army generals, who called for privatization. Steyr-Daimler-Puch, once owned by the Reichswerke, and controlled by the U.S. Army, became a pilot model for the private modernization advocated by Mark W. Clark. Eventually the Department of State prevailed and the Austrians were allowed to nationalize the plants at will. The Reichswerke assets in the Soviet zone of occupation were taken over by the Administration for Soviet Property in Austria and returned to Austria for a ransom in 1955. As per eBay rules: These obsolete stocks, bonds and financial instruments, are sold as collectibles only. Unless otherwise stated, each item has been punch and/or stamp cancelled. Again, unless otherwise stated, all items will grade at FINE or better. Illustrations provided for reference only; except where noted, actual items may vary. BILLING, PAYMENTS & SHIPPINGPLEASE NOTE: This is a SELF SERVE AUCTION. If you're a successful bidder, the only e-mail you will receive regarding this lot will be generated through the eBay system. Applicable shipping discounts for multiple purchases, etc. can be totaled through the eBay Check-out service which is HIGHLY RECOMMENDED for you to use. Payment is expected within TEN (10) days, including weekends. If payment is not received within that time, the item will be re-listed, and appropriate feedback will be left. POSITIVE feedback will be left at the successful conclusion of this sale. DOMESTIC U.S. SHIPPING: This item ships safely packaged in FLAT condition via USPS First Class Mail. YES! Will combine multiple lots - except where noted.INTERNATIONAL SHIPPING: This item ships safely packaged in FLAT condition via USPS International Mail. Rates are calculated by the eBay system. YES! Will combine multiple lots - except where noted. BID WITH CONFIDENCE! DOING THE eBay THING SINCE 1997
Series November 1939 - 100 Reichsmarks
Alpine Montan Aktiengesellschaft , , Hermann Göring'' Linz
(Alpine Mountain Company [Reichswerke] "Hermann Goering" Linz)"No Gold for a year * No Silver for ten years * But Iron forever" the slogan should give you a good idea of what was produced. Nice clean cancelled certificate from the Hermann Goering steel works in Linz, Austria, Hitler's favorite hometown. Condit...ion: F+ Printed by Waldheim-Eberle of Vienna. Certificate numbers will vary, but the Quality will not!Thanks for looking!Please see my Other Items for more German WWI and WWII era stocks and bonds, and be sure to add me to your favorites list!
Thumbnail History...From Wikipedia:Reichswerke Hermann Göring was an industrial conglomerate of Nazi Germany. It was established in July 1937 to extract and process domestic iron ores from Salzgitter that were deemed uneconomical by the privately held steel mills. The state-owned Reichswerke was seen as a vehicle of hastening growth in ore mining and steel output regardless of private capitalists' plans and opinions, which ran contrary to Adolf Hitler's strategic vision. In November 1937 Hermann Göring obtained unchecked access to state financing and launched a chain of mergers, diversifying into military industries with the absorption of Rheinmetall. Göring himself supervised the Reichswerke but did not own it in any sense and did not make personal profit from it directly, although at times he withdrew cash for personal expenses.After the Anschluss the Reichswerke absorbed Austrian heavy industries, including those owned by private German investors. The cluster of steel mills and supporting companies in Linz became its most important asset...Göring turned his eyes to Austrian steel in 1937. The Anschluss of March 1938 gave Göring practically unlimited access to Austrian resources. The Reichswerke's activities in Austria demonstrated that Göring regarded captured assets as state property and was not willing to share the fortunes with private German businesses – on the contrary, the Reichswerke absorbed Austrian assets that were already owned by German investors and completely eliminated the barons of Ruhr from Austrian industry. Its primary target in Austria, Alpine Montangesellschaft steel company, was 56% owned by German giant VS [Vereinigte Stahlwerke AG (United Steelworks Corp.)]. Immediately after the Anschluss, Göring advised VS to speed up mining its Austrian ores, and again the private business refused in fear of overproduction.The Reichswerke purchased a non-controlling share in Alpine and then wrestled complete control over the company for six months. Regulatory pressure threatened to devalue Alpine, and in March 1939 VS stepped aside. Alpine's ore resources were vital for Göring's second great project – the new vertically integrated cluster of steel mills in Linz which also included Eisenwerke Oberdonau and numerous construction and shipping companies. Göring, in his functions of President of Prussia and Chief of the Luftwaffe, also established close ties between the Reichswerke and the oil and aircraft industries.The assets of the Reichswerke acquired by conquest were recaptured by Allied troops between 1943–1945...The Reichswerke assets in allied-occupied Austria were nationalized by the First Nationalization Law enacted by the Austrian Parliament on July 26, 1946. The ore mines in Erzberg and the steel mills in Linz, destroyed by allied air raids, were reorganized into the state-owned VÖEST (now part of voestalpine). Reconstruction of these assets became a key priority of the Marshall Plan in Austria. Nationalization was supported by the United States Department of State and opposed by the U. S. Army generals, who called for privatization. Steyr-Daimler-Puch, once owned by the Reichswerke, and controlled by the U.S. Army, became a pilot model for the private modernization advocated by Mark W. Clark. Eventually the Department of State prevailed and the Austrians were allowed to nationalize the plants at will. The Reichswerke assets in the Soviet zone of occupation were taken over by the Administration for Soviet Property in Austria and returned to Austria for a ransom in 1955. As per eBay rules: These obsolete stocks, bonds and financial instruments, are sold as collectibles only. Unless otherwise stated, each item has been punch and/or stamp cancelled. Again, unless otherwise stated, all items will grade at FINE or better. Illustrations provided for reference only; except where noted, actual items may vary. BILLING, PAYMENTS & SHIPPINGPLEASE NOTE: This is a SELF SERVE AUCTION. If you're a successful bidder, the only e-mail you will receive regarding this lot will be generated through the eBay system. Applicable shipping discounts for multiple purchases, etc. can be totaled through the eBay Check-out service which is HIGHLY RECOMMENDED for you to use. Payment is expected within TEN (10) days, including weekends. If payment is not received within that time, the item will be re-listed, and appropriate feedback will be left. POSITIVE feedback will be left at the successful conclusion of this sale. DOMESTIC U.S. SHIPPING: This item ships safely packaged in FLAT condition via USPS First Class Mail. YES! Will combine multiple lots - except where noted.INTERNATIONAL SHIPPING: This item ships safely packaged in FLAT condition via USPS International Mail. Rates are calculated by the eBay system. YES! Will combine multiple lots - except where noted. BID WITH CONFIDENCE! DOING THE eBay THING SINCE 1997
