CAIRE. Obligation de 1 Livre Egypt. green, black. #300. No 81. Folds. Formed 1896, by the local French community in Cairo. Border vignettes of cyclists with eagles' wings, pyramids and an obelisk. The loan was for LE500, in bonds of LE1 each. Perhaps issued to finance a racetrack or clubhouse? Perhaps the only African cycle share, and of good early date too. Extremely rare and small issue.
Startprice: € 300