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Lot 1097: GOUVERNEMENT IMPERIAL OTTOMAN - EMPRUNT DE PRIORITE TOMBAC
October 29, 2016
Brussels, BelgiumLive Auction
Description: 1893 4% Obligation de F500=£20=R.M.400=Ltq.22, or. green. #21455. No 15827. Very long format. Generally worn condition with several edge-tears, central fold with tears (partly 'repaired' by old-style tape), some discolouration, etc. Text in Turkish (Arabic script), English, French and German. The loan, for a total amount of 1.000.010 Ltq, was secured on the customs duties on the sale of tobacco (=tombac). We had never before seen this bond type, and nor had Drumm/Henseler/Glasemann in their reference catalogue on Ottoman scripophily. Likewise for other relevant reference books we consulted. According to the consigner, only this one bond was recently discovered. Hence rarity 12.
Condition Report: VG