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Auction: 13017 - Bonds and Share Certificates of the World
Lot: 452

Real Compañia de Filipinas, No. 13574, 1785, 250 Pesos, extremely attractive piece featuring a monument in the centre, lion and Cornucopia at top with coat of arms, elephant to left, allegorical figures at bottom, sail boat to right, good extremely fine
The company was established by royal decree in 1785 to promote trade between the Philippines and Spain, and to exploit the island's natural resources. The King and many major banks were shareholders in the company and it later absorbed the Barcelona Company. Friction between England and Spain later resulted in poor trading and it was abolished in 1834

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Sold for
£600