SAO PAOLO. 7% Obligation Hypothécaire de FS.1000. Serie C. blue, black. No 3859. Central fold and roughly repaired edge-tear. Large format bond, issued by a monastery in Brazil, in Swiss francs. Issued after an agreement between the monastery and the Banque de Saint-Phalle (strange name!), of Zürich. The bond was guaranteed by the Benedictine Congregation of Brazil. Fine, decorative border in rich colour.
Date: 7 March 1931
Startprice: € 30