Dear collectors, The countdown has begun! Next Saturday, it's that time again! Our big fall auction starts promptly at 11:00 a.m. (CET) at our headquarters in Wolfenbüttel. We look forward to your visit. But we are all also very sad and still in shock. Our dear colleague and friend Manuela Benecke passed away completely unexpectedly. The vast majority of our fellow collectors and all our colleagues learned to appreciate and love Manu with her balanced and endearing essence. Our thoughts are also with our grieving colleague Jörg Benecke, who has lost his beloved partner with the death of the "Best Wife of All": https://csrealwerte.de/category/neuigkeiten/ ...
 

Manuela will continue to accompany us from above and enjoy the wonderful Historical Securities. You would have wanted us to continue operating at full speed and continue to use and produce your research and catalogs.

The auction catalog for the 128th FHW Auction is thus Manuela's final masterpiece. We hope you've already found the time and leisure to look through the auction catalog? If not, it's high time. Use the remaining four days to study the catalog again in detail. If you have any questions about the auction, do not hesitate to contact me.

1,280 fantastic security lots with a starting price of over €460,000 already indicate the high quality of the securities. The auction began with a beautiful China collection, immediately followed by a fine Cuba collection. Both collections were assembled over four decades. The sale continues with numerous ancient securities, such as a share in the sugar refinery in Königsaal near Prague from 1792 (Lot 103 – starting price €15,000) and a very high-quality collection of Spanish royal trading companies from the 18th century.

After a short break, the auction continues with a sensation. Securities from the most popular and expensive collecting area in our market are always in demand. One of the top collections featuring zoological gardens is up for sale and is sure to delight all collectors.

In addition, numerous unique items and rarities await you in the Germany section, as well as a top 20 section that is impressive. A unique example of the oldest German stock from the early days of the beet sugar industry, the Krone sugar refinery from 1810 (Lot 516 – starting price: €15,000), a Goethe on a receipt from the Ilmenau copper and silver mine from 1786 (Lot 505 – starting price: €6,000), the Hessian-Waldeck Company for the Extraction of Gold from the Edder River Basin from 1832 (Lot 504 – starting price: €4,800), and the Association for the Protection of German Emigrants in Texas around 1846 (Lot 518 – starting price: €5,000) are just a few of the highlights of the auction.

There are 357 fantastic DM security lots to follow before the auction heads to the USA. And here, too, something very special awaits you. An ancient collection of US autographs will be auctioned. Several Edison, Rockefeller, Vanderbilt, Cooke, Astor, Gould, Flagler, Getty, Stratton, Morgan, Wells, and Fargo autographs are up for grabs.

You can now view, search, and bid on all lots on our website. The PDF auction catalog is also available as an eBook. As always, bids can be submitted by mail, fax, email, via our website, or, better yet, visit us in person and bid.

And of course, you can also participate in the auction "LIVE" from home at FHW. You can follow this auction LIVE online and bid on the lots LIVE! It's very easy – more information can be found on our website and on the Invaluable auction platform (accessible via the "Live Online Bidding" button).

Be amazed at the fantastic companies and securities that were offered. We are once again very proud to present you with such a comprehensive selection of top-quality items! The choice is now yours. We wish you the best of luck with your bids.

You have until Friday, October 3, 2025, at midnight (CET) to place your bids online via our website. We're keeping our fingers crossed for your bids.

Best regards,
Michael Weingarten