Ornamental loan (artwork loan)

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.

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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/