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Lot 131: PEKING-HANKOW RAILWAY LOAN

Auction No.57 of Antique Stocks & Bonds

by Boone Shares - The Scripophily Center

29 October 2016

Brussels, Belgium

Live Auction
Sold
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Description: 1 March 1909 LONDON. 5% Bond for £20. Cat. KUL 180. green, black, red. #5000. No 25614. Cut borders, no coupons. This loan, for £5 million, was raised by the Hongkong & Shanghai Bank, London, and the Banque de l'Indochine, Paris, partly to redeem bonds of 1899, issued to build the railway, and partly to establish industries. The line, 755miles long, opened in 1905. Very fine vignette of the old gate of Peking, and one of the most attractive of all Chinese bonds. Text in English & French, printed by Waterlow. This is by far the rarest type of these bonds with only 250 left outstanding. Rarity 9.

Condition Report: VF

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