Lot 1231: GRAND RUSSIAN RAILWAY CO., 1st Issue

Boone Shares - The Scripophily Center

October 29, 2016
Brussels, Belgium

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Description: 1 April 1859 ST.PETERSBURG. 4,5% Obligation of 500 Rbls, Titre Nominatif. Serie 1. green, black. #30000. No 4140. One of the great Russian railway companies. Founded by the Paris bank Crédit Mobilier (and the obligation designed and printed in Paris). Some of the finance came from Amsterdam and London, as well as Paris. Formed to build lines St.Petersburg-Warsaw, Moscow-Nizhny Novgorod, Moscow-Feodosia and Orel-Libava, a total of 4300km. By 1863 the first two lines were completed. In 1868 the company took over the management of the Nicolai Railway (Moscow-St.Petersburg). This NOMINATIVE piece of the company's first issue is very rare. Design by Catenacchi, with marvelous classical-style detail, of (glamourised) views of St.Petersburg and Moscow, forests, industry, and little angles hard at work in fields and factories, and a fine underprint too. Text in Russian on the front, English and French on the back.
Condition Report: VF-EF
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