1110

South Sea Co. Power of Attorney.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:480.00 USD Estimated At:800.00 - 1,600.00 USD
South Sea Co. Power of Attorney.
SOLD
1,800.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2012 May 15 @ 17:56UTC-4 : AST/EDT
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Britain, July 14th, 1720, Power of Attorney for subscribing in capital stock, Printed in black with no vignettes, 3 Six Pence stamp imprints top left, Red wax seal mid right side, Fine condition. South Sea Co. was incorporated in 1711 and had exclusive trading right to Spanish South America. Main purpose of the company was to fund the government debt incurred during the War of Spanish Succession. Speculation in the stock then led to the famous South Sea Bubble in 1720. (Sotheby's Lot 591 date (?)).