Result list 30 April 2022

The results of our April 30 sale are now online. Unsold items can be obtained in our aftersale until May 22 (first come, first served). .

Lotnumber: 620
LISBOA. Acçao de F500. B/S Cat. 210 A. black. #70000. No 9584. Formed 11 May 1860 by the Spanish businessman José de Salamanca y Mayol. First purpose was to continue the work of the Co. Central e Peninsular dos Caminhos de Ferreem Portugal (see previous lot) and thus build a rail link between Lisbon and Spain (the'East Line'). In 1865, the company acquired the rights to operate the Northern Line (linking Lisbon with Porto). When Portugal became a republic in 1910, the company was renamed Co. dos Caminhos de Ferro Portugueses (thus dropping the 'Real'). By 1931,it included almost all broad-gauge lines in the country. It subleased a number of narrow-gauge lines to other railway companies, e.g. the Tamega Line to the Co. dos Caminhos de Ferro do Norte de Portugal, and the Corgo and Sabor lines to the Co. Nacional de Caminhos de Ferro. Became a joint-stock company in 1932. In 1975, the company was formally nationalized and renamed Caminhos de Ferro Portugueses (today Comboios de Portugal). Text in Portuguese & French. Printed in Paris by ImprimerieChaix. Most ornate border, with views of Lisbon and Porto, trains, industry and agriculture, and much else. This is the very first share issue of the company (dated 4 dates after is formal incorporation). The company capital of 35 mln. francs. (and notin reals (!), surely to attract foreign capital) was divided into 70.000 shares.
Date: 15 May 1860
Quality: EF
Startprice: € 30