11 September,2010 08:16 AM IST | | Agencies
A Dutch history student has unearthed the world's oldest share, dating back to 1606 and issued by the sea trading firm Dutch East India Company.
Locked away in forgotten city archives, the share was made out to Pieter Harmensz, a male resident of the Dutch city Enkhuizen who served as an assistant to the city's mayors.
After his death in 1638, Harmensz left the share to his widow and their daughter Ada and the document eventually ended up in Enkhuizen archives, kept in Hoorn.
As the Netherlands' largest trading company in the 17th and 18 centuries, the Dutch East India Company (VOC) was also the world's first company to issue stock.
The 'Enkhuizen share' dates back to September 9, 1606, when Harmensz paid the last instalment of his 150 Dutch guilders.
