£40 - £50
Spain: Compañia del Ferrocarril de Durango á Zumarraga, 500 peseta share, circa 1885, #397, ornate border, red and black with yellow underprint, with coupons, together with a 500 peseta mortgage bond, 1887, #0424, coats of arms at top, red and green, no coupons remain. Formed in 1869 to build a narrow gauge line. Acquired by Ferrocarriles Vascongados in 1906. The first a little creased, VF, the other EF (2).
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