Result list 31 October 2020

The results of our October 31 sale are now online. Unsold items can be obtained in our aftersale until November 29 (first come, first served). .

Lotnumber: 1244
LONDON. 3% General Mortgage Bond of £1000. pink, black. No 303. Heavy folds. 8 coupons cut on the top left resulting in a partly trimmed border. Gregor K. MacGregor established the fictitious state of Poyais in 1823, and declared himself 'Sovereign Prince of the Independent State of Poyais, Cazique of the Poyer Nation'. The state was supposed to be on the Caribbean coast of Central America, in today's Nicaragua. MacGregor told a story of fertile land, industrial potential, gold- and silver-mines, and a democratic system of government. All this was in MacGregor's imagination, but it was enough to allow him to raise a loan on the London markets. Immigrants to 'Poyais' found nothing but disease-ridden jungle. MacGregor was arrested for fraud in London in 1827, but was released and ended his days in Venezuela, living on his pension from his pre-Poyais days as a general with Simon Bolivar. Impressive, large-format bond, with the 'coat-of-arms of Poyais'. Personally signed by MacGregor.
Themes: CITY & STATE BONDS
GREAT BRITAIN, NICARAGUA
Mac GREGOR, Gregor
Date: 29 October 1827
Quality: VF
Startprice: € 100