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Auction: 14017 - Bonds and Share Certificates of the World
Lot: 705

'TAP', Transportes Aereos Portugueses, one share of 1000 escudos, Lisbon 1970, no.260657, extremely colourful piece with world map under text, compass style points at corners creating grid over it, turquoise and tan with red and black text, 4 pages, extremely fine and rare.

Founded in 1945 and provided commercial services from Lisbon to Madrid. It quickly introduced a route with 12 colonial locations including Luanda and Angola. The company was privatised in 1953 and the airline was flying to destinations in Europe and Africa, with the USA added in the late 1960's. The company became nationalised in 1975 and remains that way today.

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Estimate
£150 to £200