Auction: 319 - Bonds and Share Certificates of the Americas
Lot: 3417
Real Compania de la Habana, certificate for one share of 250 pesos, Madrid [1791], no.2395, atractive piece with coat of arms of Spain at top supported by cherubs and coat of arms of Havana at bottom, black, handwritten endorsement on reverse dated 1817, 4 pages, GVF and scarce.
This Spanish trading company was established as a monopoly (as were most others at that time) in 1740 and investers including the Spanish Royal family. Trade included sugar, tobacco and of course slaves. By the 1760's the company was suffering from the usual complaint of bad management but it lingered on until 1790. There must have been some residual value as the shares were still traded until1817 as is shown by this example.
Sold for
$2,000