Bidspirit auction | Japan, City of Tokyo, Municipal

Japan, City of Tokyo, Municipal Bond, Tokyo, 1912, 500 Francs - Rare foreign loan bond issued by the City of Tokyo in 1912, denominated in Francs (500 Frs). Printed in French, with scenic vignettes and green ornate border. Represents Japan’s international borrowing to finance urban modernization in the early 20th century.