Compagnie du Chemin de Fer de l'Est-Central Chilien - First Mortgage Bond (1910)
This certificate represents a bond of the Compagnie du Chemin de Fer de l'Est-Central Chilien issued in 1910, with a nominal value of Frs. 503 and an interest rate of 5%. The company was part of the development of railway infrastructure in Chile, contributing to the country's economic and commercial expansion.
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Historical Significance: The Compagnie du Chemin de Fer de l'Est-Central Chilien was established during a period of significant railway growth in South America, supported by foreign capital. This bond, secured by a first mortgage, was issued to finance the construction and expansion of railway lines, a crucial aspect of connecting remote areas with urban centers.
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Design and Artistic Details: The certificate is adorned with a richly detailed red border and features an engraving at the bottom depicting a locomotive, symbolizing the importance of the railway. It includes inscriptions in both French and English, reflecting the international nature of the project, and a tax stamp that adds authenticity.
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Rarity and Collectible Appeal: This certificate represents a significant part of Chilean railway history and is highly valued by collectors for its elaborate design and connection to South America's infrastructure development. Bonds of this type, secured by physical assets like railways, are highly desirable in scripophily.
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Condition: Good, with perforation marks indicating cancellation. The signatures are clearly visible, adding authenticity and historical value to the document.
This certificate is an extraordinary opportunity for collectors of financial and railway history, representing a piece of Chilean economic history and the expansion ambitions of the early 20th century.