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Beautifully engraved uncancelled certificate from the Republic of Mexico issued in 1913. This historic document was printed by the American Banknote Company and has an ornate border around it with a vignette Coat of Arms of Mexico in middle with different currency amounts on left and right. This item has the signatures of government officials and is over 97 years old. Unused coupons attached.
195 Pesos - 5050 Francs - 20 Pounds Sterling - 409 RMK - $97. Serie A. 6% Gold bond. Orange border and underprint.
Certificate Vignette
Wording on bottom of bond
On November 24, 2009 dealer Mario Boone sold on eBay for $60,100 a Mexican Government bond described as “Republica Mexicana, bono del tesoro del gobierno federal de los Estados Unidos Mexicanos, 6% oro 1913, gold bond of £100 = 2045 RM = $mex 975” (listing no. 130345442061).
According to Boone, “The Mexican bond I sold [November 24 2009] on eBay.com for a good $60,000 was a true sale – the buyer already paid.
16 bids were placed by five individual bidders in the final eight seconds of the listing, driving the price up by $55,000 to the final winning bid of $60,100. How much of these increments were effected by someone actually pushing a button is unclear. The bid sniping programs are completely automated, especially if multiple snipes are entered by the same person. The danger for an over-enthusiastic sniper is that his “crazy” bid might be slightly underbid by one from another sniper, and he won’t know until he’s already bought the piece.
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