5% conversion loan of the city of Vilnius issued on December 1, 1931.
The purpose of the issue was to convert the second 5% loan of the City of Vilnius from 1912.
A very rare design (SPECIMEN) of the highest denomination bond of this issue - £500, a variant of the design in purple, unnumbered, with the stamp of the printer "Bradbury, Wilkinson & Company"
Known few pieces, first listing on OneBid - highly recommended!

format_quote. Bond or mortgage bond templates are generally among the very rare documents. There is no clear rule that specimens are less common than issued pieces of circulation. There are many issues where the current appearance of the securities is known only from surviving specimens (or unissued blanks). However, there are also some designs that are completely uncommon, while there are a large number of surviving circulation pieces. In the case of the 1931 issue of a 5% conversion loan of the city of Vilnius, consisting of three denominations: £20, £100 and £500, only circulating pieces of the lowest denomination of £20 are encountered. Higher denominations and specimens of all denominations are already extremely rare (known in quantities of a few pieces)format_quote