FIAT, S.p.A.
TORINO. 9,5% ObbligazioniConvertibili da L.1000. blue, red. No 2. Central fold. Under the name FabbricaItaliana di Automobili Torino, FIAT was founded on 11 July 1899 by a group of investors, including Giovanni Agnelli. Agnelli became its managing director from 1900 onwards. In that first year (1900), Fiat made 24 cars with a 35 people staff. By 1906, car production had risen to 1149 and a first Fiat car dealer in the US was established (in Manhattan). The company then went public on the Milan stock exchange. By 1910, Fiat was the largest automotive company in Italy - a position it has retained since. In the 1920s for instance, its market share was +80%. Over the years, the Fiat Group contained many brands such as Ferrari, Maserati, Fiat, Alfa Romeo, Lancia, Dodge, the Chrysler Group, and many more. Over theyears, it was also active in the railways, aircraft manufacturing, military vehicles, tractors, etc. Since 2021, Fiat, Chrysler and Peugeot are one group, known as Stellantis. They are today the world's fourth-largest automaker by sales worldwide. The certificate (No.2!) we offer is extraordinary in two ways: it represents an investment of 18 million bonds of 1000 Lira each, hence a total value 18 billion Lira, which equals no less than 9,3 million euros. Furthermore, it is personally signed by Gianni Agnelli as Fiat president. Agnelli (1921-2003) was the grandson of the company's founder and head of Fiat from 1966 to 1996. He raised Fiat to become the most important company in Italy and was considered himself as the king of Italian business from the 1960s to the 1980s.
Condition: EF
Bid on this lot
TORINO. 9,5% ObbligazioniConvertibili da L.1000. blue, red. No 2. Central fold. Under the name FabbricaItaliana di Automobili Torino, FIAT was founded on 11 July 1899 by a group of investors, including Giovanni Agnelli. Agnelli became its managing director from 1900 onwards. In that first year (1900), Fiat made 24 cars with a 35 people staff. By 1906, car production had risen to 1149 and a first Fiat car dealer in the US was established (in Manhattan). The company then went public on the Milan stock exchange. By 1910, Fiat was the largest automotive company in Italy - a position it has retained since. In the 1920s for instance, its market share was +80%. Over the years, the Fiat Group contained many brands such as Ferrari, Maserati, Fiat, Alfa Romeo, Lancia, Dodge, the Chrysler Group, and many more. Over theyears, it was also active in the railways, aircraft manufacturing, military vehicles, tractors, etc. Since 2021, Fiat, Chrysler and Peugeot are one group, known as Stellantis. They are today the world's fourth-largest automaker by sales worldwide. The certificate (No.2!) we offer is extraordinary in two ways: it represents an investment of 18 million bonds of 1000 Lira each, hence a total value 18 billion Lira, which equals no less than 9,3 million euros. Furthermore, it is personally signed by Gianni Agnelli as Fiat president. Agnelli (1921-2003) was the grandson of the company's founder and head of Fiat from 1966 to 1996. He raised Fiat to become the most important company in Italy and was considered himself as the king of Italian business from the 1960s to the 1980s.
Condition: EF
