Spain. 1 1906

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Evan Lacey
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Estimate  € 150 - € 200
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An ungraded 1906 commercial bill of exchange for 177.80 pesos, issued in Havana by Maribona, Garcia y C.ª.

AI-assisted summary

Description from the seller

This sixth and fascinating document from your collection is a “Segunda de Cambio” (Seconda de cambio) commercial banker's bill of exchange issued in Havana (Cuba) on June 24, 1906.
The title bears the elegant two-tone heading (brown and black) of the private banking house “Maribona, Garcia y C.ª,” active in the commercial heart of Cuba of the era. It is a precious testimony of Caribbean scripophily dating from the very early years of the independent Cuban Republic.
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# Description and analysis of the document

* Financial Transaction: Marked with serial number 521, the bill orders payment "a días vista" of the amount of 177 Pesos and 80 cents ("Por $177.80"), indicated in the upper left box and handwritten in the main text.
* Transatlantic Flow: The instrument is issued in favor of the beneficiary Don Cándido Carbon [image_nv4UNj.png]. The collection is directed to Spain to the firm "Sres. Viuda e Hijos de Alvarez Cueva" located in Pravia (Asturias).
This piece perfectly closes the historical circle with the preceding documents in your collection, confirming that the same Asturian business house received remittances from various banks in Havana.
* Stamps and Signatures: At the top, above the name of the bank, is the official blue oval security stamp of the issuing institution: "Maribona, Garcia y C.ª - Habana".
On the bottom left appear the brown ink calligraphic signatures of the bankers and the company’s attorneys.
* The Precious Print: On the left margin the signature of the historic American printing firm that produced the form is engraved: "Perry & Co. N.Y.".
The background features a dense micro-engraved geometric security pattern designed to deter counterfeiting.
* The Back: Clearly shows the autograph signature for acceptance and endorsement by the beneficiary Cándido Carbon.

------------------------------
#Important figures and historical context

1. Maribona, Garcia y C.ª: This banking firm (with historical address indicated on the title as "Ricla 11 y Cuba 98", Old Havana) was run by bankers of Spanish origin and specialized in the delicate exchange market and the transfer of capital to the Iberian Peninsula.
2. The firm "Viuda e Hijos de Alvarez Cueva": The repeated presence of this Pravia-based company demonstrates the financial power of this particular Asturian family, capable of centralizing the remittances of many emigrants in the Caribbean.

------------------------------
#Commercial value estimate
Early-century Cuban bank titles issued by less common private houses (like Maribona, Garcia y C.ª) and printed by historic New York engraving houses have excellent collecting market demand. The condition is excellent: the paper retains its natural age texture, the stamps are crisp, and there are no missing pieces or destructive tears [image_nv4UNj.png].
* Estimated value of the document: Steadily ranges between €60 and €100.
* Valuable elements: The early date (1906), the engraver Perry of New York, the clearly legible Old Havana address, and the ongoing biographical link with the migratory flow to Asturias determine its favorable position in the international scripophily market.

IA Description Helper
Excellent historical value of Scripophily
They are kept in PVC A4 envelopes.
Good conservation. See the image for a correct impression
Shipped by Registered Mail with tracking included and protected packaging.

This sixth and fascinating document from your collection is a “Segunda de Cambio” (Seconda de cambio) commercial banker's bill of exchange issued in Havana (Cuba) on June 24, 1906.
The title bears the elegant two-tone heading (brown and black) of the private banking house “Maribona, Garcia y C.ª,” active in the commercial heart of Cuba of the era. It is a precious testimony of Caribbean scripophily dating from the very early years of the independent Cuban Republic.
------------------------------
# Description and analysis of the document

* Financial Transaction: Marked with serial number 521, the bill orders payment "a días vista" of the amount of 177 Pesos and 80 cents ("Por $177.80"), indicated in the upper left box and handwritten in the main text.
* Transatlantic Flow: The instrument is issued in favor of the beneficiary Don Cándido Carbon [image_nv4UNj.png]. The collection is directed to Spain to the firm "Sres. Viuda e Hijos de Alvarez Cueva" located in Pravia (Asturias).
This piece perfectly closes the historical circle with the preceding documents in your collection, confirming that the same Asturian business house received remittances from various banks in Havana.
* Stamps and Signatures: At the top, above the name of the bank, is the official blue oval security stamp of the issuing institution: "Maribona, Garcia y C.ª - Habana".
On the bottom left appear the brown ink calligraphic signatures of the bankers and the company’s attorneys.
* The Precious Print: On the left margin the signature of the historic American printing firm that produced the form is engraved: "Perry & Co. N.Y.".
The background features a dense micro-engraved geometric security pattern designed to deter counterfeiting.
* The Back: Clearly shows the autograph signature for acceptance and endorsement by the beneficiary Cándido Carbon.

------------------------------
#Important figures and historical context

1. Maribona, Garcia y C.ª: This banking firm (with historical address indicated on the title as "Ricla 11 y Cuba 98", Old Havana) was run by bankers of Spanish origin and specialized in the delicate exchange market and the transfer of capital to the Iberian Peninsula.
2. The firm "Viuda e Hijos de Alvarez Cueva": The repeated presence of this Pravia-based company demonstrates the financial power of this particular Asturian family, capable of centralizing the remittances of many emigrants in the Caribbean.

------------------------------
#Commercial value estimate
Early-century Cuban bank titles issued by less common private houses (like Maribona, Garcia y C.ª) and printed by historic New York engraving houses have excellent collecting market demand. The condition is excellent: the paper retains its natural age texture, the stamps are crisp, and there are no missing pieces or destructive tears [image_nv4UNj.png].
* Estimated value of the document: Steadily ranges between €60 and €100.
* Valuable elements: The early date (1906), the engraver Perry of New York, the clearly legible Old Havana address, and the ongoing biographical link with the migratory flow to Asturias determine its favorable position in the international scripophily market.

IA Description Helper
Excellent historical value of Scripophily
They are kept in PVC A4 envelopes.
Good conservation. See the image for a correct impression
Shipped by Registered Mail with tracking included and protected packaging.

Details

Era
1400-1900
Grade (Certified notes)
Ungraded
Over 200 years old
No
Country/province
Spain
Year/period and variation
1906
Quantity x nominal value
1
Number of items
1
Theme
History
ItalyVerified
198
Objects sold
100%
Private

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