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Auction: 9027 - Bonds & Shares of the World
Lot: 167

Panama, New Zealand & Australian Royal Mail Co. Ltd., £10 shares, partly paid, 1868, blue, very fine. Formed by the Royal Mail Steam Packet Co. to provide a new service to New Zealand and Australia via Panama in 1865 and built four ships, S.S.Kaikoura, Rakaia, Ruahine, Mataura and purchased the Prince Albert as a reserve. The company had failed by 1868 and the ships were acquired by the Royal Mail Steam Packet Company to whom they had been mortgaged. Estimate £ 100

Sold for
£240