Previous Lot Next Lot

Auction: 14017 - Bonds and Share Certificates of the World
Lot: 104

Koubbeh Gardens S.A., one share of E£4, Cairo 1926, no.6933, ornate border with Egyptian motifs, western style villas flanked by Sphinx at top, green, with talon, numerous handstamps showing repayment of capital through to 1934, unfortunately with many edge tears and repairs on the reverse but the body in reasonable state, fair and very rare.

Formed during the land speculation boom in 1907 the company acquired land near the Khedival palace and proceeded to build several villas, as illustrated on this certificate. The original capital was increased in the expectation of good sales but this was halted by WWI. Hoping to save the ailing company the capital was reduced in 1926 but investors were not impressed and the company was liquidated in the same year.

Subject to 20% VAT on Buyer’s Premium. For more information please view Terms and Conditions for Buyers.

Sold for
£50