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Argentina. Entre Rios Eastern Railway Co., 1881 $1000 I/U Gold First Mortgage Bond.

Currency:USD Category:Coins & Paper Money / Paper Money - World Currency Start Price:90.00 USD Estimated At:200.00 - 300.00 USD
Argentina. Entre Rios Eastern Railway Co., 1881 $1000 I/U Gold First Mortgage Bond.
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0.00USD+ applicable fees & taxes.
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[?]Live Online Auction Starts In 2026 May 27 @ 11:00 (UTC-04:00 : AST/EDT)
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The auction will take place on May 27, 2026 at AIA's office located at 1060 Main St., Suite #202,
River Edge, NJ 07661 beginning at 11:00 AM
Argentina (Incorporated in Massachusetts), 1881, $1,000. 6% Gold 1st Mortgage Gold Bond. Issued and uncancelled. Burnt orange border with locomotive and steamboat at dock vignette, Horizontal bond with coupons. Discovered in an old Massachusetts estate 12 years ago at auction, this was the only piece found. A 1907 letter was found that gives a considerable amount of information about the railroad "The National Government, by law No. 1551, of October 7, 1884, made Messrs. Javier Arrus & Co. grantees of the Entre Rios Eastern Railway Company, which runs from Concordia to Gualeguaychu, and this concession was confirmed by the decree of the government of the Province of Entre Rios on August 23, 1872, which province guaranteed 6 per cent annually on the effective cost, fixing the cost per kilometer of this railway at $23,557.50 national gold money by decree of November 12. 1880. However, as the grantees did not fulfill the contract, and by virtue of law No. 2716, of September 5. 1889, by which all concessions whose terms had not been fulfilled by the grantees were canceled, said concession was therefore canceled, ..." , Columbian Bank Note Co, Wash. D.C., XF, Printed in English. Unlisted in Cox. Rare if not unique.