Established 1880 - World's #1 Company for Original Stock Certificates & RM Smythe Old Stock Research Services - Rated A+ by Better Business Bureau

Historic Stock & Bond Certificates                                                                              
RM Smythe Stock Research Since 1880                                                                          

Free Shipping for All Domestic USA Orders
Everything on Sale - Buy Now and Save

Stock Certificates Make Great Gifts
Scripophily is the Gift of History

What our customers say:


Poyaisian Land Grant Scam signed by Gregor Mac Gregor - Nicaragua 1827  

Poyaisian Land Grant Scam signed by Gregor Mac Gregor - Nicaragua 1827

Product #: newitem143134944

Normal Price: $595.00
Our Sales Price: $495.00

(You Save: 17%)


Beautiful Consolidated Stock Certificate from the Republic of Poyais dated in 1827. This historic document has a vignette of the Poyais coat of arms . This item has the printed signatures of the Company's Officers and is over 191 years old. Unused coupons are attached to both side the bond. This certificate is handsigned by Sir Gregor Mac Gregor. This document shows signs of wear as can be seen in the scan. but overall is in fine condition. is a name you can TRUST!
Shown with coupons is a name you can TRUST!
Certificate Vignette is a name you can TRUST!
Certificate shown without coupons is a name you can TRUST!

Mac Gregor was a Scottish mercenary with Simon Bolivar in the Venezuelan fight for independence from Spain, around 1820; he was appointed a general. After expelling the Spanish from the 'Mosquito Coast' area, he arranged a land grant from the leader of the local people (the Mosquito, today Miskito, Indians).

In 1823 he was the self-proclaimed Cazique of Poyais, and visited Britain to encourage Scottish emigration to what he described as a thriving population who had found their fortune on the streets of St Joseph and in the gold mines of the balmy country that surrounded it. One Scot swapped his sterling for Poyaisian dollars, bought some bonds in the country and boarded ship in Leith with a promise that he was to become the director of the St Joseph Opera House.

However, when the emigrants arrived they found that there was no St Joseph at all; no opera house, no gold mines, no thriving population (apart from some deeply suspicious Miskito Indians - after whom, rather than the insects, the Mosquito Coast is named) and no habitable European settlement. They had in fact invested their savings in tracts of jungle impossibly far from the nearest source of provisions and impregnated with the tropical diseases so fatal to European constitutions.

Gregor MacGregor sold similar worthless certificates and other Poyaisian material in both Britain and France during the 1820s and 1830s. Despite the clearly fraudulent nature of his promises, Mac Gregor was never convicted of any crime - although he served a short jail term in France awaiting a trial that never came about - and eventually retired to Venezuela where he wrote his autobiography.

Product #: newitem143134944

Normal Price: $595.00
Our Sales Price: $495.00

(You Save: 17%)

Qty: and Old Company Research Press Releases

See Stock Certificate Expert Bob Kerstein, CEO
discuss Stock Certificates in Bloomberg ,  the Associated Press ,
CNBC with Jane Wells discussing the Facebook IPO,
Inside Edition and the Today Show

Subscribe to our New Free RSS New Products Feed in a Reader

Subscribe to Our New Product Additions Feed by Email

We will always maintain our founding commitment to customer satisfaction and the delivery of an exceptional product with an enjoyable shopping experience.  Please let us know how we may be of service to you. Stay Safe!!!

Scripophily has been
fully tested by
Norton Safe

E-Mail Subscription for Scripophily Stock and Bond News - No Charge

Bookmark and Share

Scripophily has been featured on CNN, CNBC, CBS, WSJ, Barrons, and many other fine publications
See in the News at

All Old Stock and Bond Certificates are actual authentic certificates and are sold only as collectibles. We do not sell reproductions and offer a lifetime guarantee to the authenticity of everything we sell.

All Rights Reserved. © 1996 - 2021 is a name you can TRUST!
American Institute of
Certified Public Accountants is a name you can TRUST!
Virginia Society CPA's
Bob Kerstein, Member
Click to Verify Trust Certificate - Yahoo is a licensee of the TRUSTe´┐Ż Privacy Seal Program is a name you can TRUST!
American Numismatic Association

Securities and Exchange
Commission Historical Society

Society of Paper Money Collectors
Member - Gift of History -  BBB Membership Seal
Better Business
 Bureau Member
Rated A+