Result list 6 April 2019

The results of our April 6 sale will be online on April 7 here. .

Lotnumber: 45
BARCELONA. Titre d'origine 10 hectares. blue on blue paper. No 11864. Folds and a little staining. Ornate design, showing priests and nuns converting the natives, coats-of-arms, tropical plants, shipping scenes, etc. This scheme was fraudulent. The 'colonie' was to be established on New Britain, the largest island in theBismarck Archipelago of Papua New Guinea. Extremely heavy rainfall, thick jungle, poor soils, with disease and fever, make the area almost uninhabited by local people. The promoter, a Marquis de Rays, organised a public meeting in Marseille to publicise the merits of the settlement scheme - to spread the Gospel and to make good profits at the same time. He issued a monthly newspaper, giving good news from the colony - the arrival of missionaries, conversion of the natives, and development of plantations of sugar-cane, cotton and coffee on the supposedly fertile soil. He printed 'bons' for - in this case - 10 hectares of land); they sold first for F5, then for F10, F20 and finally F50, in 1881. He opened offices in Marseille, Paris, Havre, Nantes, Jersey, Barcelona and Brussels. Rays stated that no investor need go to live in the colony, but could make a good profit without leaving home. The land would be settled by Indian or Malay families, who would pay with 1/5 of their produce. The colonists who did leave from France arrived on this inhospitable island, without any structure for receiving them, and many soon died from disease. The few survivors were repatriated in 1882, and the Marquis was convicted in 1883. Land grants such as this were totally worthless and investors lost their money. This certificate is worth far more than the 10 hectares of jungle it represents. It is interesting to note that the domicile of the company was moved from Paris to Jersey - one can guess why!
Date: 23 May 1881
Quality: VF
Startprice: € 100