NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2010 Aug 19 @ 11:00UTC-4 : AST/EDT
Stock certificates from the United States and other countries around the world. Items offered cover a wide variety of collecting topics including automotive, railroads, mining, autographed and much more.
1753, Spain. Stock certificate number 1253 for 250 pesos. Ornate attached embossed paper seal. Printed on Vellum. A sharply detailed, copper engraved certificate depicting figures of royalty, sailing ships, city, etc. 17 ½” x 12 ¾”. Formed in 1747, the company’s main aim was to expand the textile industry of the province as well as selling the produce of Sevillas and its neighboring provinces. It had rights to export goods to the Indies (i.e. Spanish American colonies) and to import raw materials, all at favorable tariff rates. It also was given the right to trade with all colonies other than Caracas and Havana. Much of the capital of the company was subscribed by Flemish Merchants established at Cadiz, and before long they acquired the majority of the shares. However, the company was slow to offer favorable results and after the decrees of the 1750’s declared by King Fernando VI eliminated many of the company’s trading privileges, the Flemish investors became impatient. Ultimately, their demands to withdraw their funds from the company led to its stagnation. By the 1770’s the company was corrupt and ineffective and was dissolved the following decade. This is truly one of the classic certificates in the field. A superbly engraved certificate which, along with the Barcelona share is virtually unsurpassed in graphic quality and likely will be among the most desirable certificates in the future. A very large certificate in choice condition.
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