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Rare original bond certificate issued in 1889 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, founded in 1862 to promote the construction of secondary railway lines on the island.
This certificate represents a bearer bond with a nominal value of 500 Lire, part of a significant issuance of 65,000 bondsguaranteed by the Italian State. The funds raised were allocated to strengthening minor railway infrastructures essential for connecting Sardinia’s rural areas with its main railway lines.
The certificate is elegantly designed with a richly detailed frame featuring the coat of arms of the Kingdom of Italy and a central medallion depicting a railway convoy, symbolizing the company’s mission. It retains original numbered couponsand is in excellent condition, highly prized by collectors.
Document features:
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Issuance: 1889
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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 intact coupons
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Printer: Lit. Bregani e L. Sommavilla - Rome
Rarity and collector’s interest:
This document is sought after by scripophily collectors as well as historians and enthusiasts of Italian railway and infrastructure history. It stands as a witness to Italy’s post-unification modernization and economic development.
Historical note:
The Società Italiana per le Strade Ferrate Secondarie della Sardegna played a key role in creating strategic connections that transformed the island’s economy, fostering trade growth and territorial integration.
