French Stock Certificate Appraisal

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Framed Compagnie Universelle Cinématographique Action de 100 Francs Stock Certificate

This item is a historical French stock certificate issued by the 'Compagnie Universelle Cinématographique,' dated November 1920. The certificate is for an 'Action de 100 Francs au Porteur' (Share of 100 Francs to the Bearer) and carries the serial number 001,108. The document features elaborate Belle Époque style lithography, including a decorative border with theatrical masks, cherubs, and globes. Below the main certificate is a full sheet of 24 original dividend coupons, which remain intact and unclipped, suggesting the share was never redeemed. It includes two hand-signed administrative signatures and an official dry stamp or crest in the upper right. Physically, the paper shows a natural cream-colored patina consistent with age. It is displayed in a modern black decorative plastic or wooden frame with an ornate scrollwork pattern. The certificate appears to be in excellent condition with no visible tears or heavy staining, though there is slight waving of the paper within the frame. The craftsmanship of the engraving demonstrates high-quality early 20th-century financial printing, intended to prevent forgery through intricate design.

Estimated Value

$150-$250

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