Dear collector, For the 105th time we would like to invite you at our F.H.W. scripophily show on May 24 in Munich. 1,867 interesting stocks & bonds from all over the world are included in this sale. Starting prices totally over 410,000 Euro. In this offer you will also find 318 lots from old consignments for a "Half starting price" (lots 560 till 877) - included plenty of foreign items. Take your chance and benefit from very attractive starting prices! For those amongst you who can not join us live, our website gives the full program as well as the complete auction catalogue. Take a look now and you are invited to place your online bids. The 105th FHW-Auction will be held at the Paulaner am Nockherberg - one of the famous german beer garden - located in the heart of Munich. If you have questions please do not hesitate to contact us. We look forward to seeing you at our show.