Lot 1583: REPUBLIC OF VENEZUELA
October 29, 2016
Brussels, BelgiumLive Auction
Description: 1 June 1859 LONDON. 3% Bond of £100. Serie A. black. No 6731. In 1822, what is now Colombia, Venezuela and Ecuador achieved independence from Spain, under the name of Colombia. Colombia raised loans in London in 1822 & 1824. Later, Colombia broke up into the 3 republics we know today, and a conference in London in1834 agreed the division of Colombia's Loans between the 3 new states. Venezuela issued new bonds to cover her share of the capital and arrears of interest due. These bonds fell into arrears, and in 1859 an arrangement between the republic and its bondholders led to new issues to replace the defaulted issues. This is one of those bonds. Long format, with arms of Venezuela.
Condition Report: VF