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Brazil. Manaos Tramways & Light Co. Ltd., 1909, Specimen Bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:30.00 USD Estimated At:100.00 - 200.00 USD
Brazil. Manaos Tramways & Light Co. Ltd., 1909, Specimen Bond
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The auction will take place on February 5, 2025 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Brazil (Inc. in London, England), 1909. 100 Pounds Sterling Specimen 5% Debenture Coupon Bond, Black on green border and underprint, Tram at top with image of cherub above, Specimen overprint and POCs, XF to AU condition, BWC. Manaus has one of the world's most exotic locations: 1,500 km up the Amazon River, 3° south of the Equator, in the middle of the world's largest rain forest, inaccessible until 1972 by automobile and never reached by railroad. The city was a product of the 19th century rubber boom: foreigners flocked to the Equatorial region, grew fabulously rich and built a lavish jungle metropolis that compared architecturally and culturally with capitals in Europe. However, in the early 1900s rubber seeds were smuggled to Ceylon and boom turned to bust: exports slipped to one-third, the foreigners fled and the city fell into a half-century of stagnation. In 1965 the Brazilian government made Manaus a free port and today the avenues are lined with skyscrapers and duty-free shops selling Japanese cameras and automobiles. The city's name was written Manáos until 1937.