Goldberg Coins and Collectibles

Sale 83

The New York Sale

World Banknotes

Lot	Photo	Description	Realized
Lot 1455		Empire. Ming Dynasty. Emperor Zhu Yuanzhang the "Tai Zu". Da Ming Bao Chao 1 Kuan, undated (1375-1398). Empire. Ming Dynasty. Emperor Zhu Yuanzhang the "Tai Zu". Da Ming Bao Chao 1 Kuan, undated (1375-1398). Denomination in the middle, equalling 1000 Chinese copper cash coins at the time, in the side columns the Chinese characters are written in a special style called "Zuan Shu" and declare "The currency of the Great Ming Empire could be circulated all through the country", below is an announcement that this note has the equivalent value of copper coinage (silver coinage was still not common at that period of time in Ming Dynasty) and that any forging attempts would be sentenced to execution, and the reporter would be rewarded 250-Tael Silver and a part of the counterfeiter's property, around the inscription, the note was beautifully decorated with dragon, passionflower and cloud patterns; two vermilion seals have been stamped by the government to certify the authenticity. Rev. Smaller denomination together with another vermilion seal on the top (Pick AA10; S/M T36-20). In PMG holder graded AU53 Net, Tears Foreign Substance, a hint of a crease in the middle and couple paper flaws through the right part as made. An iconic piece with exceptional overall condition and impressive ink quality after suffering 600 years. China was the first country that formed an efficient central government over a multi-state continent with one national law, one monetary system, one military policy, and one governor nominating examination designed by the court of the ruler. Therefore, scholars have been studying the early financial system and governmental credit effects of Imperial China for centuries. A fascinating phenomenon that attracted most attention is the fact that China was able to use paper money to replace metal coinage in medieval and early Renaissance times, when money exchanging was still such a major issue even between towns only couple miles away from each other in Europe. The Ming notes are much rarer than Qing notes due to the inflation and later wars, not many hoards have been discovered. According to the current owner of this note, the first hoard of Ming notes was found during the 1900s, right after the war against the Boxers, while the second hoard, from which this note originates, was found during the 1930s in an old temple in Beijing. A Norwegian missionary hand selected this note as the best specimen from that hoard and, after his death, the note passed to a British dealer and was later verified by the British Museum. This note has the best overall condition among all the pieces the cataloguers have ever seen. Estimated Value $11,000-UP. View details and enlarged photo	Realized $14,040
Lot 1456		Empire. Board of Revenue. Chili. 3-Taels, 1855 (Year 5). Empire. Board of Revenue. Chili. 3-Taels, 1855 (Year 5). Vermillion stamp of "Chili". Rev. Regional, banker and personal inscriptions and seals, including "Xingtai County", "Anping County", and plenty of signatures (Pick A10c; S/M H176-21). In PMG holder graded Very Fine 20 Net, Internal Holes, the only issues are the internal holes at the top part of the note which are commonly seen on these imperial currency, otherwise a lovely piece with splendid stamps and back inscriptions, a great presentation piece for any advanced collection of Chinese imperial currency. A rare denomination in this already difficult series. Estimated Value $7,500-UP. View details and enlarged photo	Unsold
Lot 1457		Empire. Da Qing Bao Chao 2000-Cash, Year 9 (1859). Empire. Da Qing Bao Chao 2000-Cash, Year 9 (1859). Last date of the series. (Pick A4g). In PCGS holder graded VF30 Apparent, Stained, Edge Damage, one spindle hole on the top as is usual, edge damage on the left side, but the quality of the ink and seals is beautiful. Due to the wars and rebellions, together with frequent floods along the Yellow River, the Qing government could not find enough silver for circulation and for expenses payments. As a solution they introduced the Da Qing Bao Chao series in Year 3 (1853). However, due to the terrible economic condition and limited confidence to the governmental financial plan, the new paper money was not widely accepted at the very beginning. Therefore, the notes devalued in daily transactions, whilst the the government, who issued these notes, had to accept the face value. Merchants started to purchase these notes in low prices and used them to pay taxes and governmental loans with face values, which caused problems for the central government. In Year 9 (1859), the government found no-one except themselves would accept the paper money; they stopped the project the same year. Estimated Value $800-UP. View details and enlarged photo	Unsold
Lot 1458		Empire. Imperial Bank of China. Shanghai. Tael, 1898. Empire. Imperial Bank of China. Shanghai. Tael, 1898. (Pick A46a; S/M C293-2a). In PMG holder graded Fine-12 Net, Splits, Rust, a major deep crease in the middle with some splits and a lot of Chinese ink inscriptions. The Imperial currencies are always rare and highly sought after due to the sufficient circulation, and the Shanghai notes are even rarer since the highly developed economy caused even more circulation then other areas. Estimated Value $1,200-UP. View details and enlarged photo	Unsold
Lot 1459		Empire. Imperial Chinese Railways. 5-Dollars, 1899 (Pick A60; S/M S13-2). Empire. Imperial Chinese Railways. 5-Dollars, 1899 (Pick A60; S/M S13-2). In PMG holder graded Choice Fine-15 Net, Repaired, Rust, Corners Missing, tape repairing on the reverse with some splits along the creases. Very historic and rarely seen in high grade. These notes were issued by the Railway Bureau of Imperial China, and were circulated in the construction sites and towns along the railway. However, due to the war against the boxers and the railway being occupied by western forces, the circulation of these notes stopped. Estimated Value $1,300-UP. View details	Unsold
Lot 1460		Empire. Hunan Government Bank. Tael (2), 1905, 1906 (Pick S1913(?), SUNL1a(?)). Empire. Hunan Government Bank. Tael (2), 1905, 1906 (Pick S1913(?), SUNL1a(?)). Seems like unlisted in catalog. Both in PMG holders graded Fine-12 Net, Internal Damage, Annotations, and Choice F-15, one damaged with internal holes, the other with all characters legible on the reverse, both have usual ink annotations and red seals. Very rare provincial issues. (2). Estimated Value $1,500-UP. View details and enlarged photo	Unsold
Lot 1461		Empire. Ta-Ching Government Bank. Kaifeng. 1. Empire. Ta-Ching Government Bank. Kaifeng. 10-Dollars, unissued remainder, undated (1906). (Pick A71a). In PCGS holder graded Fine-15, choice eye appeal for the grade, a problem-free circulated note and an outstanding example. Originally printed as currency from the branch of Tientsin, but issued with red Kaifeng overprint. This is the highest denomination of the series and therefore important. Estimated Value $2,200-UP. View details and enlarged photo	Unsold
Lot 1462		Empire. Ta-Ching Government Bank. Empire. Ta-Ching Government Bank. Uniface Reverse Proof 10-Dollars, 1909. Printed by American Bank Note Company, New York (Pick A78p; S/M T10-32). In PMG holder graded Gem UNC-66 EPQ, small inked number "#26-a" at the centre of the reverse, otherwise a beautiful and flawless note with exceptional paper quality. A very rare reverse proof issue and unusual with serial numbers printed on it. Estimated Value $1,750-UP. View details and enlarged photo	Realized $1,872
Lot 1463		Empire. Ta-Ching Government Bank. Empire. Ta-Ching Government Bank. Uniface Reverse Proof 50-Dollars, 1909. Printed by American Bank Note Company, New York (Pick A78Ap; S/M T10-33). In PMG holder graded Gem UNC-66 EPQ, small inked number "#27-a" at the centre of the reverse. A rare denomination as a reverse proof issue. Estimated Value $1,800-UP. View details and enlarged photo	Realized $2,165
Lot 1464		Empire. Ta-Ching Government Bank. Empire. Ta-Ching Government Bank. 10-Dollars, unissued remainder, undated (1910). Portrait of Prince Zai Feng (SCWPM 81A). In PCGS holder graded VF-35 Apparent, Minor Stains, a few handling marks and stains, the ink quality is still vivid with clear details of the dragon, the great wall and the clouds, a beautiful and historic piece. Estimated Value $8,500-UP. View details and enlarged photo	Unsold
Lot 1465		Empire. Ta-Ching Government Bank. Empire. Ta-Ching Government Bank. Uniface Obverse and Reverse Proof 100-Dollars, undated (1910), blue. Portrait of Prince Zai Feng (SCWPM A82). In PCGS holders graded Choice New-63 Apparent, Mounting Stains on Back, and Choice About New-58 Apparent, Mounting Stains and Small Edge Tears, an impressive pair that has been handled with care, both with traces of having once been carefully joined then later separated, a fairly common feature for some of these specimens, the reverse was later cut to a smaller size and has a crease in the middle. (2). Estimated Value $9,500-UP. View details and enlarged photo	Unsold
Lot 1466		Empire. Ta-Ching Government Bank. Empire. Ta-Ching Government Bank. Shansi. 2-Taels, unissued remainder, undated (1911). Vertical format. In PCGS holder graded About New-50, counterfoil attached at right with spindle holes as is usual, some stains on the counterfoil. A rarely seen and unlisted regional issue. Estimated Value $1,500-UP. View details and enlarged photo	Unsold
Lot 1467		Empire. Ningpo Commercial Bank Ltd. Shanghai. Empire. Ningpo Commercial Bank Ltd. Shanghai. Specimen 5-Dollars, 1909. Partially printed specimen of this very rare note. Red seals in both Chinese and English (S/M S107). In PCGS holder graded Choice About New-55 Apparent, Minor Hinge Remnants on Back, the reverse with minor traces of mounting which could be removed with care, otherwise a crisp example with nice ink quality, some tiny handling flaws around the edges. Due to the extreme scarcity of the full issues, most collectors turn to these specimen or remainders to enhance their collection. Makes a nice set with the 2-Dollar remainder offered in the following lot. Estimated Value $2,500-UP. View details and enlarged photo	Unsold
Lot 1468		Empire. Ningpo Commercial Bank Ltd. Shanghai. Empire. Ningpo Commercial Bank Ltd. Shanghai. 2-Dollars, remainder, 1909. Partially printed remainder. Rev. Vertical purple cancellation seal in Chinese (S/M S107-2). In PCGS holder graded Choice About New-58 Apparent, Mounting Stains on Back, traces of mounting on the reverse which could be removed with care. Due to the extreme scarcity of the full issues, these remainders or specimens are highly sought after by collectors of this currency. A perfect match with the 5-Dollar remainder offered in the previous lot. Estimated Value $2,000-UP. View details and enlarged photo	Unsold
Lot 1469		Empire. Russo-Asiatic Bank. Harbin. 50-Dollars, undated (1910) (Pick S465; S/M O5). Empire. Russo-Asiatic Bank. Harbin. 50-Dollars, undated (1910) (Pick S465; S/M O5). In PMG holder graded Choice UNC-64 Net, Foreign Substance, paper quality is choice with no hint of any circulation but net graded was because the "foreign substance" found on both sides, which would have been there when the note as issued and should not considered as a defect. A classic rarity of Chinese currency and one of the most splendid pieces available to collectors in today's market. The Russo-Asiatic Bank was originally founded in St Petersburg with its financial background being Russia and France. Like all other foreign banks, the Russo-Asiatic Bank entered China to represent the Russian interest since 1896, and got expanded the same year by financing the construction of China Eastern Railway, and earned financial support from China. Due to the political function of this bank, its existence was not considered necessary after WWI and the collapse of Imperial Russia, and in 1926 the bank was finally closed down after suffering a major financial loss of £5,000,000. Estimated Value $13,000-UP. View details and enlarged photo	Unsold
Lot 1470		Empire. Russo-Asiatic Bank. Harbin. 100-Dollars, undated (1910) (Pick S466; S/M O5). Empire. Russo-Asiatic Bank. Harbin. 100-Dollars, undated (1910) (Pick S466; S/M O5). In PMG holder graded Choice AU-58 EPQ (only one example graded higher by PMG at 65 for the type), light traces of circulation around the four corners, otherwise a beautiful problem-free note showing all details of the original design. As one of the most popular foreign bank issues in China, these Russo-Asiatic banknotes always attract extra attention due to the scarcity and dramatic history of the bank. A good partner for the 50-Dollar from the same bank in the previous lot. Estimated Value $8,500-UP. View details and enlarged photo	Unsold
Lot 1471		Republic. Bank of Communications. Specimen Dollar, 5-Dollars and 10-Dollars set, 1913. (Pick 110s, 111s, 111As). Republic. Bank of Communications. Specimen Dollar, 5-Dollars and 10-Dollars set, 1913. (Pick 110s, 111s, 111As). In PMG holders graded Choice UNC-64 EPQ, Printer's Stamp, Gem UNC-65 EPQ, and Gem UNC-65 EPQ respectively, all high grade examples with near perfect details and flawless paper, the 10-Dollars is the largest denomination of this series and has impressive ink quality with all colors as originally designed. A stunning presentation set of this rare 1913 series. (3). Estimated Value $3,500-UP. View details and enlarged photo	Realized $3,744
Lot 1472		Republic. Bank of Communications. Harbin. Specimen 1-Yuan, 5-Yuan and 10-Yuan set, 1920. Republic. Bank of Communications. Harbin. Specimen 1-Yuan, 5-Yuan and 10-Yuan set, 1920. Printed by American Bank Note Company (Pick 128s, 129s, 130s). In PMG holders graded Choice UNC-64, Choice UNC-63, and Choice UNC-63 EPQ, the Harbin branch is probably the most popular variety for the issues of the bank in this period. Rarely offered in sets, saving any collector a tremendous amount of time locating these rare pieces in such high grade. (3). Estimated Value $8,500-UP. View details and enlarged photo	Unsold
Lot 1473		Republic. Bank of Communications. Shantung. Specimen 1-Yuan, 5-Yuan and 10-Yuan set, 1927. Republic. Bank of Communications. Shantung. Specimen 1-Yuan, 5-Yuan and 10-Yuan set, 1927. SPECIMEN overprints and cancellation punch-holes at the signature panels (Pick 145Bs, 146Cs, 147Bs). All in PMG holders graded UNC-62 EPQ, AU-55 EPQ and Choice AU-58 EPQ respectively, a well matched set of EPQ notes. (3). Estimated Value $1,200-UP. View details and enlarged photo	Unsold
Lot 1474		Republic. Chartered Bank of India, Australia & China. Shanghai. 5-Dollars, 1921 (Pick S184; S/M Y11-30c). Republic. Chartered Bank of India, Australia & China. Shanghai. 5-Dollars, 1921 (Pick S184; S/M Y11-30c). In PMG holder graded Fine-12 Net, Splits, small split at the centre, bold signatures of the accountant and the manager. It is always a challenge to find this large format note of this bank. Estimated Value $1,200-UP. View details and enlarged photo	Unsold
Lot 1475		Republic. Chartered Bank of India, Australia & China. Tientsin. 5-Dollars and 10-Dollars pair, 1930 (Pick S215, S216). Republic. Chartered Bank of India, Australia & China. Tientsin. 5-Dollars and 10-Dollars pair, 1930 (Pick S215, S216). Both in PMG holders graded Choice F-15 Net, Tape Repair, Paper Pulls, Annotation and Choice F-15 Net, Repaired, Annotations, both with light creases in the middle, the 5-Dollars has a tear at the top right which has been repaired with tape on the reverse, both still with vivid colours, a very well matched pair for collectors. Very rare varieties for the bank, especially the 5-Dollars. (2). Estimated Value $2,000-UP. View details and enlarged photo	Unsold
Lot 1476		Republic. Chartered Bank of India, Australia & China. Shanghai. 10-Dollars, 1922 (Pick S185A; S/M Y11-31c). Republic. Chartered Bank of India, Australia & China. Shanghai. 10-Dollars, 1922 (Pick S185A; S/M Y11-31c). In PMG holder grade Fine-12 Net, Splits, Rust, Annotations, the horizontal and the vertical creases have caused a split at the centre of the note, the edges of the note are quite rough as usually seen for the grade of these issues, ink annotations and signatures on the reverse, the obverse design is still very bold, a very popular large format type. Estimated Value $1,300-UP. View details and enlarged photo	Unsold
Lot 1477		Republic. Chartered Bank of India, Australia & China. Hankow. 10-Dollars, 1924 (Pick S160; S/M Y11-31a). Republic. Chartered Bank of India, Australia & China. Hankow. 10-Dollars, 1924 (Pick S160; S/M Y11-31a). In PMG holder graded VG-10 Net, Repaired, Minor Rust, a split in the vertical crease now repaired on the reverse, horizontal crease, otherwise still with vivid details, especially the very clear signature of the accountant. Very rare, even in this grade. Estimated Value $1,200-UP. View details and enlarged photo	Unsold
Lot 1478		Republic. Chinese-American Bank of Commerce. Shanghai. Dollar, 1920. (Pick S235c; S/M C271-2d). Republic. Chinese-American Bank of Commerce. Shanghai. Dollar, 1920. (Pick S235c; S/M C271-2d). In PMG holder graded VF-20 Net, Foreign Substance (only two examples graded by PMG for the variety and this is the better example), the crossed creases have caused some discolouration but the vivid details of the original design can still be made out, especially the beautiful scene of Statue of Liberty. A classic rarity of the foreign bank issues and very difficult to locate in any grade. Estimated Value $1,500-UP. View details and enlarged photo	Unsold
Lot 1479		Republic. Mercantile Bank of India Ltd. 10-Dollars, 1916 (Pick S443; S/M S54-4). Republic. Mercantile Bank of India Ltd. 10-Dollars, 1916 (Pick S443; S/M S54-4). In PMG holder graded Choice Fine-15 Net, Adhesive, Ink, Splits, with ink inscription and stamp on both sides, several major creases in the middle, but the details, are still very well presented, especially the waterfront scene in the centre, stains and splits as expected for the grade. A rare and popular piece even in low grades. Estimated Value $2,500-UP. View details and enlarged photo	Unsold
Lot 1480		Republic. Bank of Territorial Development. Urga. 5-Dollars, 1915. Republic. Bank of Territorial Development. Urga. 5-Dollars, 1915. Special Russian inscription design (Pick 574r; S/M C165-21). In PMG graded UNC-62 Net, Previously Mounted, the mounting traces are mainly on the top of the reverse and have caused a light crease on the top of the obverse while attempting to remove the note from the mounting, still a very attractive piece with vivid ink quality and a handsome example of this interesting multilingual issue. Estimated Value $2,800-UP. View details and enlarged photo	Realized $3,510
Lot 1481		Republic. Provincial Bank of the Three Eastern Provinces (Manchurian Provinces). Republic. Provincial Bank of the Three Eastern Provinces (Manchurian Provinces). Specimen 1-Yuan, 5-Yuan and 10 Yuan set. Printed by American Bank Note Company (Pick S2962s1, S2963s1, S2964s1). All in PMG holders graded Choice AU-58, Choice AU-58 EPQ and Choice AU-58 EPQ respectively, a well matched set of these popular issues, they probably would grade UNC if not for the minor problems around the edges. (3). Estimated Value $1,500-UP. View details and enlarged photo	Realized $1,755
Lot 1482		Republic. Central Bank. 100-Yuan (100), 1936. Republic. Central Bank. 100-Yuan (100), 1936. Includes some consecutive serial numbers (Pick 220a). Generally choice fine to about uncirculated. Rarely offered in such quantity held together with a bank band. (100) A total of 10,000-Yuan face value. Estimated Value $2,500-UP. View details and enlarged photo	Unsold
Lot 1483		Republic. Central Reserve Bank of China. Specimen 100,000-Yuan, 1945. Republic. Central Reserve Bank of China. Specimen 100,000-Yuan, 1945. Red specimen counterstamps in Chinese characters (Pick J43s; S/M C297-95). In PMG holder graded AU-53 EPQ, crease at top left, otherwise a really choice note and a highly sought after large denomination specimen of this Japanese puppet bank. Estimated Value $1,750-UP. View details and enlarged photo	Unsold
Lot 1484		Republic. Central Reserve Bank of China. 100,000-Yuan, 1945. (Pick J43a; S/M C297-95). Republic. Central Reserve Bank of China. 100,000-Yuan, 1945. (Pick J43a; S/M C297-95). In PMG holder graded AU-55 EPQ, no visible damage or wear, both sides are well centred, a very impressive example of this popular large denomination Japanese puppet bank type. The same type as the Specimen 100,000-Yuan note in the previous lot. Estimated Value $1,800-UP. View details and enlarged photo	Realized $2,106
Lot 1485		Republic. Union Preparation Bank. 20-Cents Printers Essay, undated. Republic. Union Preparation Bank. 20-Cents Printers Essay, undated. Women on the left, dragon on the right, red specimen counterstamps in Chinese characters. Printed on watermarked paper with wide margins and a colour bar at the top (Pick -). In PMG holder graded Gem UNC-66 EPQ, Note Unaffected by Issues in Selvage, a beautiful obverse proof design and a handsome specimen of this Japanese puppet issue. Estimated Value $3,500-UP. View details and enlarged photo	Unsold
Lot 1486		Republic. Banknote Portrait Vignette Patterns of President Yuan Shi-Kai as used on various banknotes (3), undated (c.191. Republic. Banknote Portrait Vignette Patterns of President Yuan Shi-Kai as used on various banknotes (3), undated (c.1914-1916). Three small vignettes pasted on a large hardboard envelope with red ink annotations. Printed by ABNC. First vignette is of the portrait designed for Salt Industrial Bank, numbered as "Special C-422". The other two vignettes are patterns ordered by the Bank of China (which functioned as the central bank at the time), they are numbered "Special C-425" and "Special C-396" (later changed to "V42505"), the second was later used on the Bank of China banknotes. A group of modern notes which demonstrate the use of these vignettes are included in the lot (Pick -). All very well preserved, generally extremely fine to about uncirculated. (3) The Salt Industrial Bank was founded in 1914 by President Yuan Shih-Kai's sister-in-law's brother Zhang Zongfang. This design with the president's military bust right was ordered in 1915 by Zhang and was supposed to be used on the notes the following year. However, the president died in 1916 with a ruined reputation and therefore this design was abandoned. Estimated Value $3,000-UP. View details and enlarged photo	Unsold
Lot 1487		People's Republic. First Series of RMB. 5-Yuan (3), 1949. People's Republic. First Series of RMB. 5-Yuan (3), 1949. Consecutive serial nos.43285504-43285506 (Pick 813a; S/M C282-21). All in PMG holders graded Choice AU58, a well matched set with very slight visible traces of circulation, all have choice ink qualities and would be graded UNC if not for the light stains. (3). Estimated Value $1,500-UP. View details and enlarged photo	Unsold
Lot 1488		People's Republic. First Series of RMB. 20-Yuan (3), 1949. People's Republic. First Series of RMB. 20-Yuan (3), 1949. Consecutive serial nos.31466751-31466752 and no.31466759 (Pick 821a; S/M C282-32). All in PMG holders graded Choice UNC-64, all three are problem-free. (3). Estimated Value $1,750-UP. View details and enlarged photo	Unsold
Lot 1489		People's Republic. First Series of RMB. 500-Yuan (2), 1949. People's Republic. First Series of RMB. 500-Yuan (2), 1949. (Pick 846a; S/M C282-54). Both in PMG holders graded Choice AU-58 Net, Repaired and Choice AU-55, a pair of relatively high grades for this popular later tractor issue, both handsome pieces with vivid ink quality and crisp paper. (2). Estimated Value $1,200-UP. View details and enlarged photo	Unsold
Lot 1490		People's Republic. First Series of RMB. 1000-Yuan (2), 1949. People's Republic. First Series of RMB. 1000-Yuan (2), 1949. Consecutive serial nos.49326078-49326079. Printed on paper without watermarks (Pick 847a; S/M C282-61). Both in PMG holders graded Choice UNC-64 EPQ. (2) The first series of RMB is considered as one of the most stable series of Chinese currency for collectors, and notes in high grades are always popular. Estimated Value $1,500-UP. View details and enlarged photo	Unsold
Lot 1491		People's Republic. First Series of RMB. 10,000-Yuan, 1949. People's Republic. First Series of RMB. 10,000-Yuan, 1949. (Pick 853a; S/M C282-67). In PMG holder graded Gem UNC-65 EPQ, a handsome gem of this popular 1949 type. Not easy to find in such high grade. Estimated Value $1,300-UP. View details and enlarged photo	Unsold
Lot 1492		People's Republic. Second Series of RMB. 2-Yuan (2), 1953. People's Republic. Second Series of RMB. 2-Yuan (2), 1953. (Pick 867; S/M C283-10). Both in PMG holders graded Gem UNC-65 EPQ and Gem UNC-66 EPQ, crisp gems with exceptional paper and ink quality, the corners are sharp and the spectrum of the design is well preserved. (2). Estimated Value $1,300-UP. View details and enlarged photo	Unsold
Lot 1493		People's Republic. Second Series of RMB. 5-Yuan, 1953. (Pick 869a). People's Republic. Second Series of RMB. 5-Yuan, 1953. (Pick 869a). In PMG holder graded Choice VF-35 Net, Repaired, a beautiful note with vivid details and flashy colours, no obvious damage visible except for the well repaired crease at the centre. This beautiful red 5-Yuan variety is one of the famous "Three Soviet Types" of the second series of RMB. These notes were originally printed in the Soviet Union, but due to the collapse of Sino-Soviet relationship, these notes were voided post-1964. This was the first and the only time that the People's Republic of China would allow a foreign country to print RMB, and therefore these historic varieties soon became very popular. Estimated Value $1,500-UP. View details and enlarged photo	Unsold
Lot 1494		People's Republic. Complete Set of National Economic Construction Government Bond Official Specimen Books, 1954-1958. People's Republic. Complete Set of National Economic Construction Government Bond Official Specimen Books, 1954-1958. A collection of 53 Specimens of the bonds housed in five official presentation books, one book for each year, and in each year there are five to six different denominations. The majority of the notes are uniface proof specimens. All have red SPECIMEN overstamps and seals of either the Central People's Government or Treasury Department of The People's Republic of China (Pick -). All five books have been handled with special care, and all notes are in gem condition. Very rare original documents. (53) The National Economic Construction Government Bonds played a very important role in the history of the People's Republic. After WWII and the later civil war the Chinese domestic economy was totally ruined by 1949, when the People's Republic was founded. It took China five years to recover the damages caused by the wars and enhance the national income and living standards. By 1953, the domestic economy was almost back to the levels before the wars (1927-1937, the golden ten years of the Republic of China). However, the new government soon found that the unfinished modernisation stopped the country from further progress. In order to organize enough funds for modernisation, the central government issued these bonds from 1954. The bonds formed the first monetary reform of the People's Republic from 1955 to 1956. By 1958, the last date of these bonds, China had finished the process of modernisation. However, after this "easy" success, the leaders became over confident. Chairman Mao started the "Great Leap Forward" the same year, and followed this with the Cultural Revolution, dragging the poor country back into chaos for another 20 years. These bonds witnessed the "better" early days of People's Republic, and would be very valuable historical researching materials for any collector who has passion in the modern Chinese history. Estimated Value $3,000-UP. View details and enlarged photo	Unsold
Lot 1495		Charted Bank of India, Australia & China. 10-Dollars, 1929. (Pick 50). Charted Bank of India, Australia & China. 10-Dollars, 1929. (Pick 50). In PMG holder graded VF-20 Net, Repaired, Rust, evenly worn with couple major creases, but still has choice eye appeal for the grade, even the rust seen here and there actually adds a warm feeling to the mellow toning. A very impressive example of this rare design with exquisite details. This note is almost a piece of art rather than national currency. With advanced printing technology Waterlow & Sons Ltd was able to present two vivid waterfront scenes and a vignetter of British heraldry. Extreme rarity, perfectly balanced design and incredible details have always been the reasons for collectors to pay premium prices for this note. Estimated Value $4,000-UP. View details and enlarged photo	Unsold
Lot 1496		Chartered Bank. Specimen 500-Dollars, 1961. Chartered Bank. Specimen 500-Dollars, 1961. Red SPECIMEN counterstamp at the centre, small red SPECIMEN No.1 at lower right (Pick 72s1). In PMG holder graded Choice UNC63, Previously Mounted, the trace of mounting is on the right side of the reverse with only some glue remaining and no other damage, a choice and colourful note with crisp paper quality and a popular large format type. Estimated Value $3,000-UP. View details and enlarged photo	Realized $3,510
Lot 1497		Great Imperial Japanese National Bank. Yen, undated (1877). (Pick 20). Great Imperial Japanese National Bank. Yen, undated (1877). (Pick 20). In PMG holder graded Fine-12 Net, Repaired, Rust, creases, rust and damage as expected for the grade, but the original design, especially the face details of the sailors, is very well conserved with even toning and plenty of details, a well executed old repair at the right top to cover a missing part of the edge. Estimated Value $1,000-UP. View details and enlarged photo	Unsold
Lot 1498		Great Imperial Japanese National Bank. 5-Yen, undated (1878). (Pick 21). Great Imperial Japanese National Bank. 5-Yen, undated (1878). (Pick 21). In PMG holder graded Choice Fine-15 Net, Repaired, even though well circulated, the ink is still vivid and colourful, showing every detail of the original design. A rarely seen early Japanese note with a very attractive design, a classic highly sought after piece. A very popular early Japanese note is an ideal pair with the 5-Yen in the following lot. Estimated Value $2,800-UP. View details and enlarged photo	Unsold
Lot 1499		Chan Tung Cheng Bank. 10-Dollars, 50-Dollars and 100-Dollars Money Order Certificates, 1934. Chan Tung Cheng Bank. 10-Dollars, 50-Dollars and 100-Dollars Money Order Certificates, 1934. All with original selvage remainders, bearing the traditional Chinese banknote design on the obverse and more western style reverses. All in PMG holders graded Choice UNC-63 Net, Ink Stains, Choice UNC-64, Note Unaffected by Issues in Selvage, and AU-55 Net, Note Unaffected by Rust in Selvage, Piece Missing, Foreign Substance respectively, all with the same rusts and holes on the selvage. Rarely offered in sets and quite popular due to the beautiful printing. (3). Estimated Value $1,200-UP. View details and enlarged photo	Unsold