Result list 1 April 2017

The results of our April sale will be available here on April 2.

Lotnumber: 1183
5% S.F. Gold Loan of $1000= £205.6.9, specimen. brown, black. 50-year bond, with text in English, Spanish, French. Bond in U.S.$, £Stg and European currencies. Allegorical vignette with the arms of the Dominican Republic, and classical ladies, representing, probably, war and peace. Printed by American Bank Note Co. With the nation on the brink of defaulting, France, Germany, Italy and the Netherlands sent in 1905 warships to Santo Domingo to press the claims of their nationals. In order to preempt military intervention, US president Theodore Roosevelt introduced the Roosevelt Corollary to the Monroe Doctrine, declaring that the US would assume responsibility for ensuring that the nations of Latin America met their financial obligations. Under this corollary, the US assumed administration of the Dominican Rep.'s customs. In 1907, a treaty was signed through which the US became the country's only foreign creditor. This bond, to be issued a year later, must be seen in this light.
Themes: CITY & STATE BONDS
DOMINICAN REP., USA
AMERICAN BANKNOTE CO.
Date: 1 February 1908
Quality: EF
Startprice: € 100