MILANO. 10 Azioni da L.250, specimen. green, brown. No 3346. Formed Milan, 1905. Decorative border, with fine vignettes of factories, coats-of-arms, a knight on a horse, etc. The arms include (besides Italy) Argentina, Chile and Uruguay, so the company's orientation was clear.
Date: 25 May 1905
Startprice: € 100