Result list 5 November 2022

Here are the results of our 5 November 2022 sale. Unsold items can be purchased in our after-sale at the start price plus 20% sales commission (+ VAT/Postage if applicable). First come, first served. Offer valid until 4 Dec. 2022.

Lotnumber: 254
5% Debenture for Rs.500. Serie C. bluue, black. No 1322. Central fold. Long vertical format with vignette of a temple. The Burma-based bank went into difficulties when Japan occupied Burma in the 1930s and lost many of its assets. Furthermore, local rice farmers could no longer repay their mortgage loans so that the bank ended up with a lot of paddy land of little value. All this led to the banks bankrupcy in the late 1930s
Themes: BANK & FINANCE
BURMA, GREAT BRITAIN, INDIA
SPRAGUE
Date: 23 June 1933
Quality: VF-EF
Startprice: € 100