RN-U1 Panama Rail Road Co. Stock Certificate

Black on thin, delicate off-white paper. Certificate issued for 100 shares. Blue cancelation handstamp. This is a particularly clean copy, the paper actually brighter seen in the scan. Scanning also exaggerates the degree to which the printing on the back is visible on the front. And unlike other copies we’ve handled, this one isn’t punched. There are two cut cancels like the kind used on bank check, but they are virtually invisible on the face. Truly a great copy of this certificate.