# Ornamental loan (artwork loan)

- Canonical URL: https://www.gerhardmerk.de/ornamental-loan-artwork-loan-2
- Post ID: 587969
- Modified: 2023-07-25T21:12:46+00:00
- Language: en

## Definition

A security in the form of a certificate that is printed in high quality and features motifs that have the quality of a work of art. As a rule, such securities are issued with a low nominal value. The issuer expects that the paper will not be redeemed but kept as a collector's item beyond the expiration date. If the bonds are even given different artistic designs in different tranches and possibly by well-known master graphic artists, who in turn benefit from the order for their own fame, the probability increases that the buyers of the paper will keep it, i.e.: the issuer will receive the money as a gift from the buyers of the bond. - In fact, there is a wide market for jewelry bonds and also jewelry shares. It happens that the collector's value of the paper even exceeds the nominal value many times over. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1