Result list 6 April 2019

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

Lotnumber: 53
PYAPON. Ordinary Shares of Rs.100. red. No 174. Folds and pin-holes. Bank located in Pyapon, a town 75 km south of Burma’s capital, Yangon/Rangoon. The bank got into difficulties when Japan occupied Burma and lost many of its assets. Furthermore, local rice farmers could no longer repaytheir mortgage loans so that the bank ended up with a lot of paddy land of little value. All this led to the banks bankruptcy in the late 1930s.
Themes: BANK & FINANCE
BURMA, GREAT BRITAIN, INDIA
Date: 28 December 1927
Quality: VF
Startprice: € 100