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Auction: 17016 - Bonds and Share Certificates of the World
Lot: 605

Banco de Coahuila, $100 peso share, Saltillo 1899, #853, equestrian statue at top left, Mexican eagle below, mauve and black, adhesive revenue stamp, with coupons. Formed by prominent businessmen in 1897 with main offices in Saltillo. It opened more branches and was allowed to issue banknotes in the State. The Revoloution casued chaos for the banks which were made to make loans to the Government. Their banknotes gradually circulated at a discount and by 1915 the bank was wound up and reformed as Banco Refaccionario y Fideicomiso de Coahuila and no longer had the ability to issue notes. Finally absorbed by Banco Internacional which itself is now part of HSBC. AEF.

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Sold for
£60