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The Deuda Municipal Unificada del Ayuntamiento de Bilbao, dated 1939, was issued during a particularly significant period for Spain, shortly after the end of the Spanish Civil War. With an issuance of 130,000,000 pesetas, represented by 260,000 bearer bonds of 500 pesetas each, this bond was part of the efforts to rebuild and modernize the city of Bilbao, one of Spain's most important industrial cities.
The certificate is of great interest to scripophily collectors due to its refined artistic composition. The central part features a detailed drawing of the city of Bilbao, with a representation of its main buildings and infrastructure. In the upper left corner, the city's coat of arms is displayed, with the motto "Una, Grande y Libre," reflecting the political context of the period. The certificate was printed in typography and decorated with geometric designs and symbols that evoke authority and the financial solidity of the project.
Historical Context
The bond was issued during one of the most critical moments in Spanish history. In 1939, Spain had just emerged from the Civil War, which had devastated much of the country. Bilbao, a key city for Spain's industry and economy, played a crucial role in post-war reconstruction efforts. The issuance of municipal debt was one of the strategies implemented to finance the reconstruction of the city’s infrastructure and restore economic activity.
This document represents a symbol of the economic and infrastructural efforts aimed at ensuring a stable recovery after years of conflict. The title “Año de la Victoria” underscores the triumph of the Franco regime, and this bond is an important witness to that historical moment.
Historical Data of the Company
| Corporate Data | Details |
|---|---|
| Year of issuance | 1939 |
| Headquarters | Bilbao |
| Capital at issuance | 130,000,000 pesetas |
| Nominal value per bond | 500 pesetas |
| Number of bonds issued | 260,000 |
| Year of delisting from the stock exchange | Not available |
| Year of cessation | Not available |
| Document printing | Not available |
| Graphic artist | Not identified |
Title Provenance
This bond was originally issued to local and national investors to raise the necessary funds for the reconstruction of Bilbao. The certificate has since passed through various collectors. Documentation certifying its authenticity can be requested, enhancing its value for scripophily collectors.
Valuation and Rarity
The rarity of this certificate is considerable, especially for its historical value linked to the post-war reconstruction of Spain. The elegance of the design, including a detailed architectural representation of the city of Bilbao, makes this document particularly sought after by collectors.
For Scripophily Collectors
Collecting this type of bond means owning a piece of Spanish economic and political history. This certificate is not only a financial instrument but also an artistic and historical document of great importance. It can be framed and displayed as a decorative element or preserved in a collection album.
Using the Document as a Gift
This certificate can be an original gift for those passionate about history, art, or economics. It can be framed and used as an elegant decorative element in modern and classic environments, adding a touch of history and sophistication.
All historical documents for sale are intended for collection purposes. The documents have no economic or financial value (no economic or financial value); images that are not the historical document are representative of the company's object and the historical period of reference, they are not provided but can be freely downloaded from the website and printed.
