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Rare original certificate issued in 1893 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 develop the island’s secondary railway network.
This certificate represents a cumulative title for ten bearer bonds, each with a nominal value of 500 Lire, part of a total issuance of 40,000 bonds guaranteed by the Italian State. The funds raised were allocated to strengthening minor railway infrastructures, essential for linking Sardinia’s rural areas with its main railway lines.
The document is enriched with an elegant 19th-century decorative frame, featuring 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:
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Issuance: 1893
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Type: certificate for ten bearer bonds
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Nominal value: 5,000 Lire (10 x 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: Bernardoff & G. Kirchbeck & C. - Milan
Rarity and collector’s interest:
A highly appreciated document among scripophily collectors and researchers of Italian railway history, it stands as testimony to the major infrastructure works and economic development policies of post-unification Italy.
Historical note:
The Società Italiana per le Strade Ferrate Secondarie della Sardegna played a decisive role in the territorial integration and economic progress of Sardinia, creating strategic connections between inland areas and main coastal centers.
