£40 - £50
Spain: Compagnie du Chemin de Fer de la Sierra de Carthagene, 'Action Privilégiée' and 'Action Ordinaire', 1895, large format, blue and brown respectively, together with 5% bonds, 1905, for 200 francs, variable, green and 300 francs, fixed, brown, 2 examples with different signatures. A narrow gauge line serving the iron mines near Cartagena. State owned from 1932. Mixed condition but generally VF (5).
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