£60 - £70
Spain: Empresa del Ferro-Carril de Isabel Segunda de Alar del Rey a Santander, 3% bond for 1900 reales, 2nd series, 186[3], #27143, attractive borders, black and grey, with coupons. Constituted in 1855 to work a concession granted for 99 years. Liquidated in 1871 and property acquired by Nueva cia del Ferrocarril de Alar del Rey a Santander. Tiny tear at top left corner otherwise EF and scarce.
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