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Auction: 14017 - Bonds and Share Certificates of the World
Lot: 331

Real Compañia de Filipinas, 250 peso share, 1785, no.23782, classic piece with architectural border with lion and cornucopia atop, elephant to the left and sailing ship to the right, allegorical females at bottom, black, good very fine and scarce.

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
£550