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Auction: 320 - The Numismatic Collector's Series Sale and the Forest Park Collection
Lot: 1726

Toronto, Grey and Bruce Railway Company, first mortgage bond for £100, Toronto 1884, no.2035, very attractive piece with vignettes of steam train at station at left, paddle steamer at right, black, green underprint, red seal, with coupons, repair at top left, pinholes, F-VF.

An interesting issue in that it was for a term of 999 years and was still quoted on the Stock Exchange until a few years ago when all outstanding bonds were called for redemption and the quotation cancelled. Controlled by Canadian Pacific. One of the very few instances where one could buy a beautiful collectors item and receive interest on the purchase price!<

Estimate
$150 to $200