Rare original 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 and build the island’s secondary railway network.
This certificate represents a cumulative title for five bearer bonds, each with a nominal value of 500 Lire, part of a total issuance of 65,000 bonds guaranteed by the Italian State. The funds raised were allocated to financing minor railway infrastructures, crucial for linking rural areas with the main railway lines.
The document features a refined 19th-century decorative frame, with the coat of arms of the Kingdom of Italy and a central medallion depicting a railway convoy. It comes with original numbered coupons, preserved in excellent condition.
Document features:
-
Issuance: 1889
-
Type: certificate for five bearer bonds
-
Nominal value: 2,500 Lire (5 x 500 Lire)
-
Size: approx. 43 x 28 cm
-
Condition: excellent, with intact coupons
-
Printer: Lit. Bregani e L. Sommavilla - Rome
Rarity and collector’s interest:
A document of great interest for scripophily collectors and researchers of Italian infrastructure history. It is a symbol of Italy’s post-unification modernization and economic development policies.
Historical note:
The Società Italiana per le Strade Ferrate Secondarie della Sardegna played a key role in the island’s integration and development, creating strategic connections that boosted trade and the local economy.