Some documents appear to be nothing more than columns of figures. Then one realizes that they still bear witness to one of France's greatest financial upheavals. These six official booklets were printed between 1944 and 1946 to publish the results of the draws for the bonds and prize bonds issued in June 1888 to finance the Panama Canal project championed by Ferdinand de Lesseps. Each booklet comprises four fully printed pages: lists of redeemed numbers, official draw results, prize payment terms, administrative notes, and notices for bondholders.
The reverse side is particularly striking. An Important Notice states that the Civil Society for the Redemption of Panama Canal Prize Bonds disclaims any association with certain investment practices still using its name. Several decades after the scandal that ruined thousands of French savers, the name of Panama was still circulating. The dates lend the collection a rare historical significance. February 1944, May 1944, August 1944, November 1944, February 1946, May 1946. These documents span occupied France, the Liberation, and the early post-war years. Two sheets bear a handwritten annotation in pencil, 'Verified,' a mark left by a holder who checked their numbers. The paper bears the natural marks of time: old folds, slight foxing, without impairing readability or the overall authenticity. A unique lot for enthusiasts of financial history, scripophily, French economic archives, or 20th-century historical curiosities. Original documents, not reproductions.
Additional details:
- Brand: Société Civile du Canal de Panama
- Period: