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Auction: SW1008 - Bonds and Share Certificates of the World
Lot: 196

Società Italiana Segnalatore Automatico. One share 100 L, Roma, 19. January 1911. Nr. 110. This Company build and distributed probably the first navigation system in the history of automobiles. As illustrated they used a scroll of tape with a map of the road that would be driven. It was inserted into a box which enable the driver to view his intended journey. Most likely the system was not very successful, as the Company never paid dividends. The share is designed by the Italian painter and sculptor Nino Bertoletti (1889-1971). EF.

Sold for
SFr180