Paper money, Bonds and Shares

Lot 374:

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Hungary Italy Banca Ungaro-Italiana 1929 Bond Certificate $100 Gold Bond Coupons uncancelled

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Start price: $20

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Description

This bearer bond issued by Banca Ungaro-Italiana in Budapest, Hungary represents a loan of 100 USD under a $2 million municipal bond program. The beautiful aquamarine border and dual-language text reflect the cosmopolitan nature of Central European finance during the interwar years. These instruments were marketed across Europe and the US, indicative of Hungary’s foreign borrowing efforts. A rare and well-preserved artifact of international finance from the post-Austro-Hungarian era.

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