The Anniversary Celebration of Important Global Companies Auction
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The Museum of American Finance on Wall Street will commemorate its 25th anniversary on October 19th, 2012. Other companies reaching milestone anniversaries will also be celebrated this weekend. "The First Anniversary Celebration of Important Global Companies" is a special feature of the second annual Wall Street Bourse which will take place October 18-20 at the museum at 48 Wall Street. This event is a first of this magnitude and early reactions to the new concept have been very enthusiastic and gratifying according to event coordinators. The Celebration and Live Auction will begin in the museum gallery at 10am on Saturday. Admission is free for the entire Bourse weekend.
The event is planned as part of the Wall Street Collectors Bourse's annual show and trading session for financially historic objects. With an international flavor and well known dealers from near and far, each Bourse adopts a theme to focus attention on a special facet of history, bringing to life the events of the past in an interesting way. The theme of this year's meeting is "Memorabilia of Finance" and featured objects will have connection to events of many historical periods.
As part of the Bourse event, an auction is held in the gallery; the first special anniversary section will feature objects of general interest and artistic quality. Among these will be artifacts which anniversary companies can submit as a way of exposing their individual specialties or history for greater public appreciation. Proceeds of the sale will be shared among local organizations that teach financial history and skills to lead future students.
For decades, the museum has been challenged with bringing the dramatic stories of financial history which have shaped the modern world to public view and appreciation. The organizer of the Bourse events, John E. Herzog, is also the founder of the museum and now chairman and trustee emeritus for life, and has spent his life in the financial services industry. He is also a collector, and has specialized in the financial instruments of the American Federal period, which made the creation of the United States possible. The museum holds a major portion of his collection, and uses it in exhibits. As mentioned above, admittance to museum will be free this weekend; hours of operation for the celebration are noon-8pm (Thursday, 10/18); 10am-4pm (Friday, 10/19) ; and 10am-3pm (Saturday. 10/20).