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<p>[QUOTE=&quot;midas1, post: 2263511, member: 21309&quot;]Update on an old thread:</p><p><br /></p><p>I just scanned my Bruges certificate then enlarged it then cropped it. (I can post a higher resolution scan if requested)&nbsp;&nbsp; My take is the entire certificate (except for text?) is made up of colored dots.&nbsp; </p><p>I wonder if this printing technology was available in 1904?</p><p><br /></p><p>[ATTACH=full]449541[/ATTACH]&nbsp; According to the listing in the Booneshare.com Auction catalog the original certificates had a &quot;large watermark of anchors and flowers.&quot;&nbsp; My certificate lacks that watermark.</p><p><br /></p><p>Complete certificate description from the Booneshare.com catalog:</p><p><br /></p><p>&quot;WEST-VLAANDEREN. BRUGES. Action Privilégiée de F500. multicolour. #9000. No 4209. One of the finest and most popular of all Belgian shares. The company was formed in 1895 to build new ports at Heyst-sur-Mer, on the Belgian coast (now Zeebrugge), and at Bruges, together with a canal to link the two. The city of Bruges was a major investor. There was a real need for the new facilities; Bruges was linked to the sea only by a narrow canal to Ostend. The shares were issued in 1895, but these definitive certificates did not appear until 1904. The design shows the new sea-port, fineviews of Bruges, angel, anchor and much more. Beautiful printing, by the prestigious St. AugustinCompany, of Bruges, and a large watermark of anchors and flowers. There are two types of this action privilégiée; this is the lower-numbers type, with the brown shield above the bear. Uncancelled</p><p>[ATTACH=full]449544[/ATTACH][/QUOTE]</p><p><br /></p>

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