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Magnificent original bond certificate issued in 1892 by the Società Italiana per le Strade Ferrate Secondarie della Sardegna (Italian Company for the Secondary Railways of Sardinia), a joint-stock company based in Rome, established in 1862 to promote the development of the island’s secondary railway network.
This certificate represents a bearer bond of 500 Lire, part of a total issuance of 14,400 bonds guaranteed by the Italian State and intended to finance the construction of minor railway lines, crucial for linking rural centers with the main railway routes.
The document is finely decorated with an elegant 19th-century frame, the coat of arms of the Kingdom of Italy, and a central medallion depicting a railway convoy. It retains its original numbered coupons and is in excellent condition.
Document features:
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Issuance: 1892
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Nominal value: 500 Lire
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Size: 43 x 28 cm
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Condition: excellent, with intact coupons
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Printer: Goyes Marchisio - Torino
Rarity and collector’s interest:
This certificate is an important testament to the economic and infrastructural history of post-unification Sardinia. It is highly valued by scripophily collectors, railway history enthusiasts, and researchers of 19th-century Italian state-backed financial instruments.
Historical note:
The Società Italiana per le Strade Ferrate Secondarie della Sardegna played a key role in modernizing Sardinia’s transport system, fostering economic development and territorial integration through the construction of strategic connections between inland and coastal areas.
