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Historical Article on the Mexican Republic Bond - Bonos del Estado de Tamaulipas (1907)
The document under review is a historical title issued by the Free and Sovereign State of Tamaulipas, part of the Mexican Republic, dating back to the year 1907. These bonds, known as "Bonos del Estado de Tamaulipas," are representative of a significant part of Mexico's economic history, reflecting a period when federal states issued bonds to finance infrastructure projects and other governmental needs.
History of the Issuing Entity
In the early 20th century, the Mexican Republic was in a period of economic growth and modernization. Federal states, including Tamaulipas, required financial resources to support local infrastructure development, such as roads, railways, and other public works. To this end, the State of Tamaulipas issued bonds that would provide subscribers with a guaranteed annual return.
These bonds represented a significant financial commitment for the State of Tamaulipas, offering competitive interest rates to attract local and international investors. The economic and political context of the time was dominated by the government of Porfirio Díaz, characterized by political stability that encouraged the influx of foreign capital into the country.
Historical Data of the Company
| Item | Details |
|---|---|
| Year of Foundation | 1907 |
| Registered Office | Ciudad Victoria, Tamaulipas |
| Name upon Delisting | Not applicable |
| Year of Stock Exchange Admission | Not listed |
| Year of Stock Exchange Delisting | Not listed |
| Year of Company Cessation | Not applicable |
| Share Capital at Foundation | $100,000 |
| Share Capital at Cessation | Not available |
| Annual Revenue | Not available |
Bond Characteristics
| Item | Details |
|---|---|
| Date of Issue | 1907 |
| Nominal Value | $100 |
| Interest Rate | 5% |
| Duration | Not specified |
| Document Size | Standard for the time |
| Typography | Printed by Waterlow & Sons Limited, London, UK |
| Artist | Not specified |
| Decorations | Decorative blue border and engravings representing the Mexican Republic and local infrastructure |
| Provenance | Previously owned by a private collector |
Historical Context
In 1907, Mexico was under the regime of Porfirio Díaz, a period known as the "Porfiriato." This was a time of relative political stability and economic growth, with a strong push for infrastructure development and technological progress. However, the concentration of wealth and authoritarian control would lead, a few years later, to the Mexican Revolution.
The 1907 bond reflected confidence in the country's economic future but also the risks associated with an evolving political context. Investors, attracted by the offered interest rates, provided the necessary capital for the development of Tamaulipas, a strategic region for Mexico due to its proximity to the United States and its natural resources.
Valuation and Rarity
These bonds are considered rare in the scripophily market, especially when preserved in good condition. Their rarity is enhanced by the historical context in which they were issued and the importance of Tamaulipas in Mexico's economic development. Compared to other bonds of the time, the "Bonos del Estado de Tamaulipas" hold significant value for collectors, both for their aesthetic and historical value.
Importance for Scripophily Collectors
For scripophily collectors, this bond represents not only a piece of economic history but also a typographic artwork. The document can be displayed as a decorative element of great impact, enhancing any historical collection. Additionally, these bonds can be a unique gift, ideal for those who appreciate art and economic history.
All historical documents for sale are intended for collection purposes. These documents have no economic or financial value (no economic or financial value), and the images that are not the historical document are representative of the company's object and the historical period of reference. These images are not provided but can be freely downloaded from the website and printed.
