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Auction: 18016 - Bonds and Share Certificates of the World Online Auction
Lot: 281

Great Britain: C. de Murrieta & Co. Ltd., a set of 5% debentures, 1891, for £100, £500 and £1000, large format pieces, ornate border, black, blue, green and pink underprints respectively, with coupons. A wealthy Anglo-Spanish merchant bank that became heavily involved with finance in South America, joining Barings in the rush to provide loans mainly to Argentina. This £1,000,000 debenture issue was to restore the company's coffers after finding that Argentine loans were no longer very saleable and most of their money was tied up in them. The prestigeous house of Barings was rescued by the Bank of England but Murietta was allowed to fail and fade into obscurity.All stuck together at extrenme left edge, EF (3).

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Estimate
£80 to £100