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Auction: 20118 - Bonds and Share Certificates of the World e-Auction
Lot: 318

Canada: Toronto, Grey and Bruce Railway Company, first mortgage bond for £100, Toronto 1884, #2777, ornate border, small vignettes at top depicting steam train at station to right and steamboat to right, black with green underprint, with coupons. An interesting piece that was initially issued for 999 years! In the early years of this hobby we used to buy these bonds on the London Stock Exchange at around £50-60 as they were still paying a 4% dividend! In recent years the bonds have been repaid by Canadian Pacific Railway who own the line. Chip at left margin, VF.

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Estimate

Starting price
£50