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Auction: 15019 - Bonds and Share Certificates of the World
Lot: 461

South Sea Company, New South Sea Annuities, inscribed stock receipt, 177[1], for the sale of £[2000] of stock at £[1700], black and red, small piece missing from top left corner from spiking, as is usual with these certificates, very fine and scarce. [R10].

After the collapse of the South Sea Company in 1723 the Government agreed to exchange half of the shareholdings for Government Stock, called South Sea Annuities. In 1733 half of the remaining shares were also exchanged and this gave rise to the New South Sea Annuities.

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Sold for
£380