Dive into the cultural effervescence of Paris at the end of the 19th century with this remarkable Bearer Bond of One Hundred Francs issued by the Compagnie Générale des Panoramas Nationaux (Panorama Marigny) in October 1882. This public limited company with a capital of 1,850,000 francs had its provisional head office at 4 rue de la Bourse in Paris and took part in the great panorama movement, those immense circular paintings that fascinated the Parisian public before the advent of cinema.

This certificate, guaranteed by a preferential charge, was part of an issue of 7,500 bonds used to complete payment for the monument and the entire panorama. Each bond paid 6 francs per year and was to be redeemed over ten years in equal instalments starting 31 December 1883.

The typographic aesthetic of the certificate, its finely engraved neo-Renaissance border and the sheet of 3-franc coupons still attached make it a top-choice document for collectors specializing in Parisian scripophily and the history of entertainment. A rare documentary piece bearing witness to a little-known page of Belle Époque entertainment.