The International Center of Finance’s Collection of Historical Securities is a collaborative project between the International Center for Finance and the Beinecke Library. Each document in the collection is, in effect, a contract between a company or country and an investor.
These securities represent important innovations in financial markets that are linked to new methods of raising capital and special events or periods in the history of capital markets. While interesting historically, the stories they tell are never-the-less pertinent to the global markets of today. Each piece in the collection is, in effect, a contract between a company or country and an investor. The design of these contracts were in some cases remarkably creative and some of the securities had a lasting impact — not only on world finance, but on global politics.