Dear collector, I wish you that you spent the Christmas days well with your family and that you tasted all the delicacies. Maybe you still have the days off and this new auction catalog is just the right thing to be able to devote time and joy to your hobby again. Even though the 123rd FHW auction catalog has only just gone to the printers, we have already put the auction lots online for you. Time to browse and read one or the other great story. 1936 fantastic securities lots with a starting price of almost 300,000 euros are now waiting for you. You can now view, search and bid on all lots on our website. The pdf auction catalog is also available again as an e-book with immediate effect. You now have enough time to take a close look at all the lots. And a closer look is worthwhile; there are many new things to admire...
 

There are numerous unique items and rarities from all over the world to be discovered. The focus of this auction, however, is the outstanding Gottfried Schultz automobile collection, which has been lovingly assembled by Robert Rademacher since the 1980s. Securities from automobile manufacturers, dealers and accessories companies were collected worldwide. This fantastic collection includes 898 lots and thus almost 50% of this auction catalog alone. A true treasure trove of grandiose stories and securities awaits you. As an example, please take a look at the Etablissements de Dion-Bouton share (Lot 957 – starting price 5,000 euros). At the beginning of the 20th century, this company was the largest automobile manufacturer in the world.

And as you are used to from our first catalog of each year, the column "50% from the last call" is used again. 426 lots that were not auctioned at the first attempt are now being called out again. At these bargain prices, all pieces are welcome to find a new owner.

You are spoiled for choice again. As always, bids can be made by post, fax, email, via our website or, preferably, come in person and bid. And since the summer of last year, you can also take part in auctions at FHW "LIVE" from home. You can follow this auction LIVE on the Internet and also bid LIVE on the lots! This is very simple - find out more on our website and on the Invaluable auction platform (accessible via the "Live Online Bidding" button).

Now have fun browsing through the catalogue. If you have any questions, we are always at your disposal with help and advice. And feel free to come - we look forward to seeing you again on March 4, 2023 in Wolfenbüttel.

Another small tip: Colleague Michael Rösler has created a great video and acknowledged our security record from the past auction accordingly. On our website (top right) you will find a small video “Sensation – the oldest German share is auctioned for EUR 72,000”. Really professional, feel free to take a look.

The entire FHW-Team wishes you a Happy New Year and a healthy and successful 2023.

Best regards
Michael Weingarten