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Rare and evocative bond certificate issued in 1888 by the Società Italiana per le Strade Ferrate Secondarie della Sardegna (Italian Company for the Secondary Railways of Sardinia), incorporated by public deed in 1862 and headquartered in Rome. This certificate represents a bearer bond of 500 Lire, part of a total issuance of 32,600 bonds guaranteed by the Italian State, intended to finance the development of secondary railway infrastructure on the island.
Printed on high-quality paper with an elegant decorative border, featuring the coat of arms of the Kingdom of Italy and allegorical railway-themed motifs, this certificate retains numerous original coupons, confirming its integrity and collector’s value.
The Società Italiana per le Strade Ferrate Secondarie della Sardegna played a key role in developing minor railway lines on the island, connecting rural areas with major railway hubs as part of Italy’s post-unification modernization efforts.
Document features:
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Issuance: 1888
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Nominal value: 500 Lire
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Size: approx. 43 x 28 cm
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Condition: excellent, with numbered coupons still attached
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Printer: Lit. Bregani e S. Sommavilla - Rome
Rarity and collector’s interest:
This type of bond is sought after not only by scripophily enthusiasts but also by historians and collectors of memorabilia linked to Italian and Sardinian railway history, as well as admirers of state-backed financial documents from the period.
Historical note:
The Sardinian secondary railway network marked a crucial step in the infrastructural development policies of post-unification Italy. Bonds like this were issued to support the construction of lines that were essential to the island’s economy, facilitating trade and the integration of inland territories.
