Paper Money, Scripophily and Banking Histrory

Spain, Barcelona Traction Light & Power Company Ltd., Bond, Barcelona, 1911, £20

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Start price: $50

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Description

Green ornate £20 bond issued by the Canadian-backed Barcelona Traction Light and Power Company in 1911.  The company was a major Canadian enterprise operating infrastructure and utilities in Spain, and this bond represents a key artifact from Spain’s economic modernization in early XX century. Highly collectible due to historical relevance, corporate scandal (lauded in economic literature), and attractive bilingual design. Printed by Waterlow & Sons 


Condition report:

VF