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Auction: 20016 - Bonds and Share Certificates of the World e-Auction
Lot: 320

Great Britain: C. de Murrieta & Co. Ltd., a set of 3 specimen 5% debentures, 1891, for £100, £500 and £1000, large format pieces printed by Bradbury, Wilkinson & Co., ornate borders, black with 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 and other banks but Murietta was allowed to fail and fade into obscurity. EF (3).

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Estimate

Starting price
£60