Fine Coins, Banknotes, Bonds and Share Certificates of China and Hong Kong

中國紙幣 2014年01月18日假香港及于以下互聯網平台同步舉行

YOUR SPINK TEAM FOR

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拍賣會地點

Barnaby Faull bfaull@spink.com

電話：+44 (0)20 7563 4044

斯賓克中國 馬來西亞領事館大廈9樓 香港告士打道50號 電話: +852 25 300 100 傳真: +852 25 266 128

(Available until 14 January) Andrew Pattison apattison@spink.com

電話：+44 (0)20 7563 4044 Anna Lee

china@spink.com

拍賣會詳情

電話：+852 25 300 100 ,

2014年1月18日(星期六)上午10時 Lot 1 - 758 出價競投或查詢時列明拍賣編號為14010 Pagoda

, Amy Yung china@spink.com 電話：+852 25 300 100 傳真：+852 25 266 128

預展時間

Newton Tsang china@spink.com : +852 25 300 100

香港辦事處地址: 香港告士打道50號9樓 2014年1月15日(星期三) 只限預約 2014年1月16日(星期四)上午10時至下午6時 2014年1月17日(星期五) 上午10時至下午5時

Raymond Tat china@spink.com : +852 25 300 100 Miroslava Adusei-Poku auctionteam@spink.com + 44 (0)20 7563 4020

從2013年9月8日起，斯賓克盛意為你介紹全新Spink Live實時競投。只需登入 我們網站便可即時觀看拍賣會實況。如需協助，請致電+852 25 300 100 或電

(2014

郵致 china@spink.com

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, 顧客可憑此QR 碼查看我們網上拍賣目錄並于Spink Live進行委託競投。

Newton Tsang china@spink.com : +852 25 300 100

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The Spink Environment Commitment: Paper from Sustainable Forests and Clean Ink

Angie lhlofung aihlofung@spink.com : +852 25 201 310

Spink has a long history of preserving not only collectables but our planet, too. We are proud to ensure that our policy of sustainability and conservation keeps up with Spink’s growth, helping improve the environment for new generations of collectors.

We insist that our printers source all paper used in the production of Spink catalogues from FSC and/or PEFC suppliers and use non-hazardous inks. We also ask they hold the environmental standard ISO 14001.

Spink recycle all ecological material used on our premises and we encourage you to recycle your catalogue once you have finished with it.

,

china@spink.com

: +852 25 300 100

: +852 25 266 128. ,

, www.spink.com

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BANKNOTES OF CHINA

NOTICE TO BIDDERS Dear Bidder, We welcome you to our auction house. Please note the points below to assist you with the registration, bidding and payment at our auctions.

REGISTRATION FOR BIDDING: If you are registering with us for the first time or have not bid successfully in the past, we require a deposit of HK$50,000. If you intend to bid more than HK$200,000 the deposit may be higher. The deposit will be deducted from your invoice should your bid be successful. If you are unsuccessful, your deposit will be returned by the same means by which it was paid. In addition we will ask for your bank and trade references.

We encourage new clients to register for bidding at least 48 hours prior to the commencement of the sale to allow sufficient time to process the registration.

Prior to the auction, some lots may be designated as “Premium Lots”, which means a deposit may be required before placing a bid on the item for sale.

Information will be posted on our website in such an event.

Spink have the right at our own discretion to refuse admission to our premises, attendance at an auction and decline submitted bids.

BIDDING METHODS: In person You will be given a registration form that you will need to fill in providing your up to date address and contact details. Please always have your photo ID with you and, if you are bidding on behalf of a company, your business registration. ID information is collected for registration purposes only and will be kept confidential.

Submitting a bid form by email/post/fax Again please always provide your full up-to-date contact details together with the lot numbers and the amounts up to which you would like us to bid on your behalf exclusive of Buyer’s Premium/tax/postage. Should you not receive our email confirmation of your bids having been received please call our office to make sure they have been received and processed.

Submitting bids via our website To submit bids via our website www.spink.com you need to be registered and logged in. You can leave bids via this method up to 3 hours before the commencement of the sale.

Bidding live on Spink Live You must be registered and logged into our website www.spink.com. The live bidding applet can be accessed from one week prior to the sale via the Spink Live button on our homepage. You will see ‘Auction not yet started’ message that will be replaced about one hour before the commencement of the sale with the live feed. You will be able to see and hear the auctioneer live during the sale.

Telephone bidding We reserve this service for bidding on lots of value exceeding HK$10,000.

Bidding via agent Your agent has to inform us prior to the sale that he or she will be bidding on your behalf, and the usual sale registration has to take place. He or she has to provide a letter of authorisation signed by you.

Please place your bids following our usual bidding increments published in the Terms and Conditions for Buyers.

Please note that commission and telephone bids are undertaken subject to other commitments at the time of the sale, and the conduct of the auction may be such that we are unable to bid as requested. Since this is undertaken as free service we cannot accept liability for failure to make a commission bid.

Buy bids and plus one bids will not be accepted.

than a mixed lot or lot containing un-described stamps, are requested to notify Spink in writing no less than 48 hours before the commencement of the sale. Reason why such opinion is required must be stated together with the identity of an expert for Spink to consider such a request.

Extensions requested on account of condition will not be accepted for expert opinions.

PAYMENT METHODS: Payments should be made by the registered buyer and not by third parties, unless it has been agreed upon at the time of registration that you are acting as an agent on behalf of a third party.

Payments are due within seven days after the date of the sale unless it has been confirmed to you in writing since July 2013 that you are an approved credit client. If payment is not received by Day 35, the sale will be cancelled. If you are also a vendor in the sale, please note offsets are not available.

Payment may be made by one of the following methods: Direct bank transfer to the following account, quoting invoice and client number as reference. All bank charges should be met by you.

Account Name: Spink China Limited Bank: Bank of China (Hong Kong) Limited Account No.: 01287500470625 SWIFT code: BKCHHKHHXXX Bank address: Bank of China Tower, 1 Garden Road, Central, Hong Kong Credit card (VISA , Mastercard and CUP): A 3% surcharge will be applied.

American Express: A 4% surcharge will be applied. The amount will be converted into Pound Sterling and processed in Spink London office.

For all card payments there are limits to the amounts we will accept depending on the type of card being used and whether the cardholder is present or paying over the telephone. To make a payment by card please call our office at +852 25 300 100 or email china@spink.com.

Hong Kong cheque drawn on HK branch of bank: Cheques should be made payable to Spink China Limited and must have cleared before your purchases can be collected or sent to you.

Bankers draft/cashier’s cheque: If you provide suitable proof of identity and we are able to make checks that satisfy ourselves as to the genuineness of the draft or cheque then you may collect your purchases immediately.

Cash: You may pay for lots purchased by cash in the currency of the sale.

We may accept small amounts in GBP, US$ and EUR. COLLECTION OF LOTS AND SHIPPING: All lots have to be paid for in full before they can be collected or shipped. If an invoice is partly paid no lots will be released from that invoice.

It is the responsibility of the buyer to be aware of any import duties or import restrictions in the final destination. Spink will not accept return of any package in order to avoid these duties.

Please be aware that your purchased lots will be at your risk in all respects from the time of collection or the expiry of seven days from the date of sale, whichever is sooner.

If you require sending your lots to an address different from the address on the invoice, this will be carried out at the discretion of Spink.

Please make yourself aware of any Saleroom notices published on lots you are interested in bidding on.

FOR ANY FURTHER INFORMATION PLEASE CONTACT OUR AUCTION TEAM AT +852 25 300 100 or china@spink.com.

EXTENSIONS (STAMPS ONLY): Prospective buyers, who wish to obtain an expert opinion on any lot other

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January 18, 2014 - CHINA

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BANKNOTES OF CHINA

China Order of Sale Asiatic Banking Corporation 1-6 American Oriental Bank of Szechuan 7 British and Belgian Bank 8 Bank of Canton 9-10 Chartered Bank of India, Australia and China 11-20 Chinese Engineering and Mining Company 21-24 Chinese Italian Bank 25 Bank of East Asia limited 26 Exchange Bank of China 27-29 Miscellaneous 30 Hong Kong and Shanghai Bank 31-56 Banque Industrielle de Chine 57-81 International Banking Corporation 82-91 Mercantile Bank of India 92-94 National and Commercial Savings Bank 95 Netherlands trading Society 96-98 Russo-Asiatic Bank 99-106 Russo-Chinese Bank 107-118 Shun Yee savings bank 119-120 Sino-Scandanavian Bank 121-126 Anhwei 127-133 Chekiang 134 Kirin Yung Heng 135-136 Kiangsi 137-138 Kiangnan 139-144 Chekiang 145-147 Kiangsu 148-150 Yue Soo Imperial bank 151-152 Chihli 153-158 Shansi 159 Miscellaneous 160 Hainan 161 Kwang Sing 162 Republican Era 163 Kwang Sing 164-165 Amoy 166 Honan 167-173 Ho Pei 174 Singkiang 175-176 Hulunpeierh 177

Hunan 178-186 Hupeh 187 Jehol 188-195 Kiangsi 196-197 Canton 198-201 Kwangsi 202-208 Kwangsi 209-212 Pei Yang Kin Fu 214-218 Pei Yang Tientsin 213, 219-225 Frontier Bank 226-228 Shantung 229-233 Szechuan 234 Manchuria 235-237 Three Eastern Provinces 238 Honan 239 New Fu-Tien Bank 240-241 Yunnan 242 Chang Chung 243 Chinan 244 Shansi 245-250 Chung Chou 251 Chinese Soviet Republic Bank 252-254 Hunan Hupei Kiangsi 255 Communist issues 256-266 Republican China military notesYunnan 267-268 Honan 269-270 Bank of the Northwest 271-274 National army 275 United Army 276 Third and Fourth Army 277 Pawnbroker receipts 278 Ming Dynasty 279-285 Qing Dynasty 286-307 General Bank of Communications 308 Imperial Bank of China 309 Imperial Chinese Railways 310-311 Ta Ching 312-313 Agricultural and Industrial Bank 314-319 China and South Sea Bank 320-321 Commercial Bank of China 322-324

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January 18, 2014 - CHINA

Imperial Bank of China 325-327 Sin Chun Bank of China 328-332 Commercial Bank of China 333-335 Bank of China 336-371 Bank of Communications 372-409 Central Bank of China 410-507 Farmers Bank of China 508-520 Industrial Development of China 521 Land Bank of China 522-523 National Bank of China 524 National Commercial Bank of China 525 National Industrial Bank of China 526 Ningpo 527-529 Bank of Territorial Development 530-533 Ministry of Communications 534 Ministry of Finance 535 Market Stabilisation Bureau 536-540 Circulating notes 541 Central Chinese Republican Army 542 People’s Bank of China 543-635 Bank of China 636-640 Taiwan 641-667 Central Reserve Bank of China 668-678 Federal Reserve Bank of China 679-688,696 Mengchiang Bank 689-691 Central Bank of Manchukuo 692-696 Japanese Imperial Government, China issue 697 Japanese Military 698-702 Russia Military 703 Shun Yee 704 Yung Hung 705 Gwa Swarmun 706 various 707 Swatow 708 Thong Eng Pieo 709 Eastern Mongolia 710

National army 711 Various 712 Local issues 713 Hua Tau Ho Bank 714 Kiu Kiang Chi Tung 715 Qing Feng Yang 716 Zhi Fa Bank 717 Harbin 718 Swatow 719 Yong Jiu 720 You Gong Tang 721 receipts 722 Fu Xing Tai 723 Kwangtung 724 Chinese Revolutionary Government 725 Zhou Cun 726 local issues 727 Tung Nan 728 Provincial Banks 729 Jiangsu 730 Republican Bond certificates 731-732 Zhen Ye Company 733 Changsha 734 Fu Li 735 Bin Jiang 736-737 Private issues 738 Wan I Chuan 739-743 Ministry of Finance 744 Xin Min 745 De Chang Yong 746 Wen Shui Yu Shang 747 shop coupons 748-750 various 751 Zheng Xing Long 752 Feng Ju Hao 753 Bank of Communications 754 Provincial lot 755-756 National Construction loan 757 Republican era law document 758

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BANKNOTES OF CHINA

Foreword I always look forward to our annual Hong Kong Auction. I love the enthusiasm of Hong Kong and the meeting of old friends to discuss ‘the Spink sale’ and what we have managed to find this time. I know the New Year auction is always keenly anticipated so I hope we don’t disappoint this time. I have participated in many sales over the last thirty years and I have watched the market fluctuate during the good and the thin times. The market now is unrecognisable from our first ‘Spink-Taisei’ auctions.

Catalogue production is infinitely more advanced and the marketplace has expanded dramatically, both in terms of knowledge and in value. This year we have so many notes we decided to split them into two catalogues. We are offering a fascinating range of Chinese currency in the first catalogue and then Hong Kong and Macau in the second. Together, these total almost 1400 lots covering a wide range of types, quality and prices.

Some Chinese highlights include some truly spectacular archive material from China, a group of Asiatic Banking Corporation notes from the 19th century, the ever popular Pei Yang Tientsin and Pei Yang Kin-Fu banks, Chekiang and Kiangsu banks, some very rare Russo-Asiatic and Russo-Chinese banknotes and a lovely group of Banque Industrielle de Chine issues from Peking, Canton, Shanghai, Swatow and Tientsin. These wonderful currency notes with their flamboyant and colourful designs look like proper money! There are also large and impressive selections of Imperial, Provincial and People’s Bank issues.

The Hong Kong catalogue features an extremely rare Asiatic Banking Corporation for Hong Kong group, a varied Government of Hong Kong selection, some superb Chartered Bank notes including an issued $5 from 1879 and another from 1906 and a hitherto unknown $50 of 1919. A large group of Hong Kong and Shanghai Bank issues including the ‘Queen Victoria’ $100, a fine run of $10, an issued ‘Apollo’ $50 and numerous other rarities. The Mercantile Bank notes are highlighted by a $100 of 1964 with serial number A 000002. There is also a group of Macau, including a 100 patacas of 1919.

As always, I wish all our collector’s good luck in finding that elusive note and I hope the catalogues meet all your expectations. thank you, Barnaby and Andrew

Lot 34

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January 18, 2014 - Hong Kong

SUNDAY 18 JANUARY 2014 Commencing at 10 a.m.

All Sales are subject to the terms and Condition for Buyers printed at the back of this catalogue Estimates The extimated selling price of each lot is printed below the lot description and does not include Buyer's Premium. bidders should bear in mind that estimates are prepared well in advance of the sale and are not definitive.

They are subject to revision.

CHINA ASIATIC BANKING CORPORATION,SHANGHAI

1 Asiatic Banking Corporation, China, specimen 5 taels, Shanghai, 18- (ca 1862-1866), black, green and white, arms top centre, value in black tablet at centre, value top left and right and at each corner, English text in field, Chinese text top centre and at left and right borders (Pick S117A for 10 taels, King-On Mao unlisted Bank), a Smith, Elder & Co. engraving. The 5 taels unrecorded in Pick, in PCGS holder 63, choice new, extremely rare Estimate HK$50,000-70,000

2 Asiatic Banking Corporation, China, specimen 10 taels, Shanghai, 18- (ca 1862-1866), black, brown and white, arms top centre, value in black tablet at centre, value top left and right and at each corner, English text in field, Chinese text top centre and at left and right borders (Pick S117A, King-On Mao unlisted Bank), A Smith, Elder & Co. engraving, in PCGS holder 58, choice about new, extremely rare Estimate HK$50,000-70,000 1

BANKNOTES OF CHINA

3 Asiatic Banking Corporation, China, specimen 25 taels, Shanghai, 18- (ca 1862-1866), black, blue and white, arms top centre, value in black tablet at centre, value top left and right and at each corner, English text in field, Chinese text top centre and at left and right borders (Pick S117A for 10 taels, King-On Mao unlisted Bank), a Smith, Elder & Co. engraving.

The 25 taels unrecorded in Pick, in PCGS holder 58, choice about new, extremely rare Estimate HK$80,000-120,000

4 Asiatic Banking Corporation, China, specimen 50 taels, Shanghai, 18- (ca 1862-1866), black, mauve and white, arms top centre, value in black tablet at centre, value top left and right and at each corner, English text in field, Chinese text top centre and at left and right borders (Pick S117A for 10 taels, King-On Mao unlisted Bank), a Smith, Elder & Co. engraving. The 50 taels unrecorded in Pick, in PCGS holder 62, new, extremely rare Estimate HK$60,000-70,000

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January 18, 2014 - Hong Kong

5 Asiatic Banking Corporation, China, specimen 100 taels, Shanghai, 18- (ca 1862-1866), black, pink-mauve and white, arms top centre, value in black tablet at centre, value top left and right and at each corner, English text in field, Chinese text top centre and at left and right borders (Pick S117A for 10 taels, King-On Mao unlisted Bank), a Smith, Elder & Co. engraving. The 100 taels unrecorded in Pick. In PCGS folder 58, choice about new, PPQ. A pleasing and extremely rare Estimate HK$80,000-120,000

6 Asiatic Banking Corporation, China, specimen 500 taels, Shanghai, 18- (ca 1862-1866), black, orange and white, arms top centre, value in black tablet at centre, value top left and right and at each corner, English text in field, Chinese text top centre and at left and right borders (Pick S117A for 10 taels, King-On Mao unlisted Bank), a Smith, Elder & Co. engraving.

The 500 taels unrecorded in Pick, in PCGS holder 58, choice about new, extremely rare Estimate HK$70,000-90,000 3

BANKNOTES OF CHINA

AMERICAN ORIENTAL BANK OF SZECHUAN

7 The American-Oriental Bank of Szechuen, specimen 10 silver dollars, 1922, serial number 000000, specimen stamped right and left, blue on multicolour underprint, ship, pagoda in background in circle at centre, reverse, orange, hole punched at bottom (Pick S110B), fresh, crisp, about uncirculated to uncirculated Estimate HK$2,200-2,500

BRITISH AND BELGIAN INDUSTRIAL BANK OF CHINA

8 British and Belgian Industrial Bank of China LTD, 5 taels, Changsha, 22 August 1913, brown and pale yellow, dragon top left and right reverse orange and blue (Pick S150r), extremely fine and scarce Estimate HK$3,000-5,000

BANK OF CANTON LIMITED

9 Bank of Canton Limited, specimen $1, Hankow, 1 July 1922, red zero serial numbers, green and white and pink-red, view of the Bund at centre, value low centre and at each corner, reverse blue, view of Hong Kong at centre, value at left and right (Pick S152s), in PMG holder 58 ‘Choice about uncirculated, EPQ. Printers (ABNC) marks on large margin above, scarce Estimate HK$6,000-8,000

10 Bank of Canton Limited, specimen $1, Shanghai 1 January 1922, red zero serial numbers, black and white and pink-red and green, view of the Bund at centre, value low centre and at each corner, reverse brown, view of Hong Kong at centre, value at left and right (Pick S153Fs, Smith-Matravers K63-11), in PMG holder 65 ‘Gem uncirculated, EPQ. Scarce Estimate HK$6,000-8,000

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January 18, 2014 - Hong Kong

CHARTERED BANK OF INDIA,AUSTRALIA & CHINA

13 Chartered Bank of India, Australia and China, $5, Shanghai, 1927, serial number F/S 375597, pink, red and green, arms top centre, value top left and right, handsigned signatures bottom left and right, reverse green and white, value and bank title at centre (Pick S184), fine Estimate HK$7,000-10,000

11 Chartered Bank of India, Australia and China, $5, Hankow, 1 March 1921, prefix A/K, green and red value, $10, Hankow, 31 March 1924, prefix B/L, red and value in blue, both arms top centre and manuscript signature low left (Pick S159,160), VG to fine and scarce (2) Estimate HK$4,000-5,000

14 Chartered Bank of India, Australia and China, $10, Shanghai, 1 September 1922, serial number G/T 190350, pink, blue, arms top centre, value top left and right, handsigned signatures bottom left and right, reverse red and violet, value and bank title at centre (Pick S185), fine, scarce Estimate HK$7,000-10,000

12 Chartered Bank of India, Australia and China, $5, Shanghai, 2 May 1927, serial number F/S 371552, green, pink and value in red low centre, arms top centre, manuscript signature low left, reverse green (Pick S184), handstamp on reverse, a pleasing very fine and scarce Estimate HK$3,000-4,000

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BANKNOTES OF CHINA

15 Chartered Bank of India, Australia and China, $10, Shanghai, 1 October 1929, serial number G/T 275648, red, pink and value in violet low centre, arms top centre, manuscript signature low left, reverse pale red (Pick S185A), last date of issue for type, about extremely fine and scarce in this grade Estimate HK$4,500-6,500

17 Chartered Bank of India, Australia and China, $5, Tientsin, 1 July 1926, serial number T/A 83831, blue and pink and value in green low centre, arms top centre, manuscript signature low left, reverse green (Pick S201), in PCGS holder 20, very fine and scarce, attractive Estimate HK$6,000-8,000

16 Chartered Bank of India, Australia and China, 1 Mexican dollar, Shanghai, 14 May 1913, serial number 39593, black and pale mauve, value in red underprint low centre, manuscript signature low left, arms top centre, reverse green (Pick S191b), in PCGS holder 30, very fine and scarce Estimate HK$10,000-12,000

18 Chartered Bank of India, Australia and China, $10, Tientsin, 2 January 1928, serial number G/T 87013, black and pink and value in violet low centre, arms top centre, manuscript signature low left, reverse grey (Pick S203a), in PCGS holder 20, (apparent) very fine, writing in ink and stamp on reverse, scarce, attractive Estimate HK$7,000-8,000

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January 18, 2014 - Hong Kong

CHINESE ENGINEERING AND MINING COMPANY, TONGSHAN

19 Chartered Bank of India, Australia and China, $5, Tientsin, 12 June 1930, serial number E/L 042927, red and pale orange, value in green low centre, arms top centre, helmeted female head at left, manuscript signature low left, reverse red and pale green, boat on canal right centre (Pick S215), good fine and scarce Estimate HK$3,000-4,000

21 Chinese Engineering and Mining Company Limited, $1, Tongshan, 1 March 1902, serial number A 3622, black and brown, maiden seated at centre with anchor, reverse green (Pick S246s) handstamp blue SPECIMEN on reverse, almost extremely fine and scarce Estimate HK$1,500-2,500

20 Chartered Bank of India, Australia and China, $10, Tientsin, 1 December 1930, serial number F/M 000848, blue and pale green, value in orange low centre, helmeted male head at left, reverse blue, canal (Pick S216), almost very fine, scarce Estimate HK$ 3,500-5,500

22 Chinese Engineering and Mining Company Limited, $1, Tongshan, 1 March 1902, serial number A 6975, dark and pale brown, allegorical maiden seated at centre with anchor (Commerce), value at centre and at each corner, printed signature low centre, reverse green, value (Pick S246), uncirculated Estimate HK$2,000-2,500

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BANKNOTES OF CHINA

CHINESE ITALIAN CORPORATION

23 Chinese Engineering and Mining Company Limited, $5, Tongshan, 1 March 1902, serial number C 0169, dark and pale blue, allegorical maiden seated at centre with anchor (Commerce), value at centre and at each corner, printed signature low centre, reverse red-brown, value (Pick S247Aa), in PMG holder 45 ‘Choice extremely fine’, rare Estimate HK$4,000-5,000

24 Chinese Engineering and Mining Company Limited, $20, Tongshan, 1 March 1902, serial number D 0119, dark and pale red, allegorical maiden seated at centre with anchor (Commerce), value at centre and at each corner, printed signature low centre, reverse mauve-brown, value (Pick S247Ba), in PMG holder 53 ‘About uncirculated’, rare Estimate HK$5,000-6,000

25 Chinese Italian Banking Corporation, 1 yuan, green, 5 yuan, brown and 10 yuan, blue, all 1921 with serial numbers but no signatures (Pick S253,254,255), uncirculated remainders (3) Estimate HK$800-1,000

BANK OF EAST ASIA LIMITED

26 Bank of East Asia Limited, specimen $50, Shanghai, 1 January 1924, no serial numbers, red and pale green, street scene at centre, value at each corner and in underprint at left and right, reverse red and white, bank building at centre, value at left and right and at each corner (Pick S303Ds1, Smith-Matravers T220.5-14), in PMG holder 63 ‘Choice uncirculated’, slight mounting traces. Very rare and an attractive Waterlow engraving Estimate HK$15,000-25,000

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January 18, 2014 - Hong Kong

EXCHANGE BANK OF CHINA

29 The Exchange Bank of China, $5, Tientsin, 1920, red, Chinese city gate at centre, reverse red with ‘$5’ in Chinese characters, (PS305a), uncirculated Estimate HK$2,000-2,500

27 Exchange Bank of China, $1 remainder, Tientsin, 1920, blue serial number 263136, red, fortress at centre, reverse red, also Bank of the Northwest 5 yuan, Kalgan, 1925, orange-brown, railroad track at left, Provincial Army Bank of Shantung, 1 yuan, 1926, blue-grey , Shantung Min Sheng Bank, 5 yuan, 1940, green and pale yellow (Pick S304r,3873c,3939,2742), uncirculated , last three good very fine (4) Estimate HK$1,500-2,000

30 A miscellaneous group including Bank of Hopei 10 cents, Kiangsu 10 cents, Kansu Provincial Bank 50 cents, 1935, Exchange Bank of China, 10 cents 1928 and others (5) (Pick S309, 1711ff), mixed grades (9) Estimate HK$700-900

HONG KONG AND SHANGHAI BANKING CORPORATION

28 Exchange Bank of China, $5, Tientsin, 1920, blue serial number 427701, red, fortress gate at centre, letter M on reverse, also $10,Tientsin, 1920, red serial number 079324, blue-grey, fortress gate at centre (Pick S305b,306a), about extremely fine and very fine, scarce (2) Estimate HK$1,500-2,000

31 Hong Kong and Shanghai Banking Corporation, China, obverse die proof for $100, Shanghai, 19- (ca 1904), blue and white, bank arms top centre, value at centre and at each corner (Pick S352 for similar), trimmed to design,very fine and rare Estimate HK$7,000-8,000

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BANKNOTES OF CHINA

CHEFOO

32 Hong Kong and Shanghai Banking Corporation, China, obverse and reverse die proof for $5, Shanghai, 19- (ca 1904), blue and white, bank arms top centre, value at centre and at each corner, reverse blue and white, Ceres and cherubs at centre (Pick S352 for similar), trimmed to design,very fine and rare (2) Estimate HK$6,000-7,000

33 Hong Kong and Shanghai Banking Corporation, colour trial $5, Cheefoo, 1st September 1922, zero serial numbers, brown and multicoloured, value in green low centre, arms at left, woman at loom at right, reverse browm, Bank building at centre (PS 316ct), perforated CANCELLED, in PCGS holder 55, choice about new, a rare colour trial and attractive Estimate HK$20,000-30,000

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January 18, 2014 - Hong Kong

AN EXCEPTIONAL ‘FOOCHOW’ $1 OF 1886

34 Hong Kong and Shanghai Banking Corporation, specimen $1, (ca 1886), serial number 000001-100000, black and white, value in orange underprint low centre, the arms of the Bank top centre, value top left and right, FOOCHOW in text low centre, reverse brown, the C h a l o n p o r t r a i t o f Q u e e n Vi c t o r i a a t c e n t r e , v a l u e a t l e f t a n d r i g h t (Pick S320s, Cribb 5.27), pencil date ‘Mar 15-86’ in top left margin, perforated SPECIMEN B.W.& Co.LONDON.In PCGS holder 58, choice about new, attractive and extremely rare, a classic note Estimate HK$80,000-120,000

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BANKNOTES OF CHINA

HANKOW

35 Hong Kong and Shanghai Banking Corporation, specimen $5, Hankow, 1 May 1921, no serial numbers, blue and multicoloured, the Arms of the Bank top centre, fortress at left, rock at right, both landmarks on the Yangtze Kiang river, printed sigature of H.A.Macintyre low right, reverse olive and pink-red, Hankow branch bank building at centre, value at each corner (Pick S336s, Smith-Matravers Y13ff, Cribb 5.22), ink date ‘20.6.21’ in top margin, perforated SPECIMEN, in PCGS holder 55, choice about new, scuffing, rare Estimate HK$8,000-12,000

36 Hong Kong and Shanghai Banking Corporation, specimen $10, Hankow, 1 May 1921, no serial numbers, green and multicoloured, the Arms of the Bank top centre, fortress at left, rock at right, both landmarks on the Yangtze Kiang river, printed signature of H.A.Macintyre low right, reverse blue-green and pale red, Hankow branch bank building at centre, value at each corner (Pick S337s, Smith-Matravers Y13ff, Cribb 5.22), ink date ‘20.6.21’ in top margin, perforated SPECIMEN, in PCGS holder 58, choice about new, PPQ, and rare Estimate HK$8,000-12,000

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January 18, 2014 - Hong Kong

37 Hong Kong and Shanghai Banking Corporation, specimen $50, Hankow, 1 May 1921, no serial numbers, blue, green and pale orange, the Arms of the Bank top centre, fortress at left, rock at right, both landmarks on the Yangtze Kiang river, printed singature of H.A.Macintyre low right, reverse orange, red and green, Hankow branch bank building at centre, value at each corner (Pick S338s, Smith-Matravers Y13ff, Cribb 5.22), ink date ‘20.6.21’ in top margin, perforated SPECIMEN, in PCGS holder 55, choice about new, PPQ, rare Estimate HK$12,000-16,000

38 Hong Kong and Shanghai Banking Corporation, specimen $100, Hankow, 1 May 1921, no serial numbers, purple and multicoloured, the Arms of the Bank top centre, fortress at left, rock at right, both landmarks on the Yangtze Kiang river, printed signature of H.A.Macintyre low right, reverse purple and pale blue, Hankow branch bank building at centre, value at each corner (Pick S339s, Smith-Matravers Y13ff, Cribb 5.22), ink date ‘20.6.21’ in top margin, perforated SPECIMEN, in PCGS holder 45, extremely fine, one vertical crease, rare Estimate HK$12,000-18,000 13

BANKNOTES OF CHINA

SHANGHAI

39 Hong Kong and Shanghai Banking Corporation, s p e c i m e n $ 1 l o c a l c u r r e n c y, S h a n g h a i , 1 January 1900, serial number 70001-170000, blue and pink, bank title in curve top centre, value in oval frame low centre, value in blue panel at centre and at each corner, printed signature of Wade Gard’ner low right, reverse red, arms at centre, value at left and right (Pick S350s, Smith-Matravers Y13a-90, Cribb 5.9a), perforated SPECIMEN, in PCGS holder 58, choice about new, rare Estimate HK$18,000-24,000

40 Hong Kong and Shanghai Banking Corporation, specimen $5, Shanghai, 1 January 1900, serial number 125001-165000, blue and pink-brown, value in brown underprint at centre, arms top centre, value at each corner, printed signature of Wade Gard’ner low right, reverse red, Ceres and cherubs at centre, value at each corner (Pick S351s, Cribb 5.9b), date ‘1 May 1900’ in top left margin, perforated SPECIMEN, in PCGS holder 58, choice about new, PPQ, scarce Estimate HK$20,000-30,000

41 Hong Kong and Shanghai Banking Corporation, specimen $5, Shanghai, 1 January 1902, serial number 265001-285000, blue and pink-brown, value in brown underprint at centre, arms top centre, value at each corner, printed signature of H.M.Bevis low right, reverse red, Ceres and cherubs at centre, value at each corner (Pick S351s, Cribb 5.9b), date ‘25 July 1902’ in top left margin, perforated SPECIMEN, in PCGS holder 58, choice about new, and scarce Estimate HK$20,000-30,000

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January 18, 2014 - Hong Kong

44 Hong Kong and Shanghai Banking Corporation, $5, Shanghai, 1 March 1923, serial number 656070, blue and yellow and pink, arms of the bank top centre, manuscript signature low left, printed signature low right of G.H.Stitt, reverse purple, Ceres and cherubs at centre(Pick S353, Cribb 5.13a), about very fine Estimate HK$2,500-3,500

42 Hong Kong and Shanghai Banking Corporation, specimen $5, Shanghai, 1 March 1923, no serial numbers, blue and green, arms top centre, value at centre and at each corner, printed signature of G.H.Stitt low right, reverse purple, green and pale orange, Ceres and cherubs and allegorical symbols at centre (Pick S353s, Cribb 5.13a), ink annotation ‘23.11.22’ in top margin, perforated CANCELLED, red SPECIMEN overprint, in PCGS folder 55, choice about new, rare Estimate HK$10,000-15,000

45 Hong Kong and Shanghai Banking Corporation, specimen $10, Shanghai, 1 January 1900, no serial numbers, pink and green, arms top centre, value at centre and at each corner, printed signature of Wade Gard’ner low right, reverse red, cherubs and allegorical symbols at centre (Pick S355s, Cribb 5.9c), ink annotation in field, fresh, in PCGS folder 35, (apparent) very fine, multiple pinholes, rare Estimate HK$10,000-15,000

43 Hong Kong and Shanghai Banking Corporation, $5, Shanghai, 3 September 1919, serial number 520831, blue and yellow, arms of the bank top centre, manuscript signature low left, printed signature low right of A. Stephen, reverse purple, Ceres and cherubs at centre(Pick S352A, Cribb 5.11e), good fine Estimate HK$3,000-4,000

15

BANKNOTES OF CHINA

46 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 15 February 1916, serial number 306602, green and yellow-orange, arms of the bank top centre, manuscript signature low left, printed signature low right of A. Stephen, reverse purple, cherubs and allegorical symbols at centre, value at left and right (Pick S357A, Cribb 5.11f), very fine Estimate HK$4,000-6,000

47 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 24 July 1920, serial number 330869, green and yellow-orange, arms of the bank top centre, manuscript signature low left, printed signature low right of A. Stephen, reverse purple, cherubs and allegorical symbols at centre, value at left and right, also $5, 1 March 1923, serial number 757317, blue (Pick S357A,353, Cribb 5.11f,5.13a), very fine and VG (2) Estimate HK$4,000-6,000

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January 18, 2014 - Hong Kong

48 Hong Kong and Shanghai Banking Corporation, specimen $10, Shanghai, 1 September 1923, serial number 430001-450000, green, blue and lilac, value in underprint at low centre, arms top centre, value at each corner, printed signature of G.H.Stitt low right, reverse purple, cherubs at centre with allegorical symbols of commerce, value at each corner (Pick S358s, Cribb 5.13b), date ‘1 May 1900’ in top left margin, perforated SPECIMEN, in PCGS holder 58, choice about new, PPQ, and scarce Estimate HK$20,000-30,000

17

BANKNOTES OF CHINA

49 Hong Kong and Shanghai Banking Corporation, specimen $50, ND (1912), serial number 4501-8500, red and multicoloured, arms top centre, value at centre and at each corner, reverse red , Britannia at centre with symbols of Empire, value at left and right (Pick S361s, Cribb 5.12c), ink date ‘March 1912’ in top margin, perforated SPECIMEN, in PCGS folder 58, choice about new, PPQ, very rare Estimate HK$12,000-18,000

50 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 1 September 1923, serial number 449886, green and yellow-orange, blue and lilac, arms of the bank top centre, manuscript signature low left, printed signature low right of G.H.Stitt, reverse purple, cherubs and allegorical symbols at centre, value at left and right (Pick S358, Cribb 5.13b), numerals low right, a pleasing very fine, scarce Estimate HK$4,000-6,000

51 Hong Kong and Shanghai Banking Corporation, China, obverse die proof for $50, Shanghai, 19- (ca 1914), blue and white, bank arms top centre, value at centre and at each corner (Pick S361 for similar), trimmed to design,very fine and rare Estimate HK$6,000-7,000

52 Hong Kong and Shanghai Banking Corporation, $50, Shanghai, 24 July 1920, serial number 22231, red and multicoloured, arms of the bank top centre, two manuscript signatures below, reverse purple, maiden (Britannia) and symbols of Empire, value at left and right (Pick S361, Cribb 5.13c), VG and quite rare Estimate HK$7,000-9,000

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53 Hong Kong and Shanghai Banking Corporation, specimen $50, Shanghai, 19- (ca 1923), serial number 801-1600, red and grey, arms top centre, value low centre and at each corner, reverse red, maiden (Britannia with globe), value at left and right (Pick S362s, Cribb 5.10), perforated CANCELLED, in PCGS holder 64, (apparent) very choice new, mounting traces, rare Estimate HK$20,000-30,000

55 Hong Kong and Shanghai Banking Corporation, specimen $100, Shanghai, ND (1923), no serial numbers, purple and multicoloured, arms top centre, value at centre and at each corner, value in underprint low centre, reverse purple, maiden and cherubs at centre, value at left and right (Pick S364s, Cribb 5.13d), ink annotation ‘Approved 18.10.23’, in field, perforated , in PCGS holder 58, choice about new, and a rare type, attractive Estimate HK$20,000-30,000

54 Hong Kong and Shanghai Banking Corporation, specimen $100, Shanghai, 19- (ca 1923), serial number 751-1500, purple and green, arms top centre, value low centre and at each corner, reverse red, maiden (Banking) and cherubs at centre, value at left and right (Pick S363Bs, Cribb 5.10), perforated CANCELLED, in PCGS holder 64, (apparent) very choice new, small ink mark at left, rare Estimate HK$20,000-30,000

56 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 1 January 1924, red serial number 451001, green and pale orange, arms of the bank at centre, manuscript signature low left, printed signature low right of G.H.Stitt, reverse green, bank building at centre, value at left and right (Pick S365A, Cribb 5.14b), in PCGS holder 40, extremely fine, scarce Estimate HK$10,000-14,000

19

BANKNOTES OF CHINA

INDUSTRIAL AND COMMERCIAL BANK OF CHINA

57 Industrial and Commercial Bank of China, an obverse and reverse die proof $1, $5 and $10, all Hankow, 1 January 1921, all black and white, male figure ‘Industry’ at centre, reverse value (Pick S383As,383Bs,384Cs), all mounted on card, trimmed, good very fine and rare (6) Estimate HK$15,000-20,000

59 Banque Industrielle de Chine, specimen $10, Canton, 1919, serial number 000001-030000, blue, mauve and green, Chinze low left and right, Bank initials top centre, value at centre, CANTON in black low centre, reverse purple and pale green and blue, City gate at right, value at each corner (Pick S384 for type, denomination not listed, Smith-Matravers C254-3 for type, Canton not listed), perforated CANCELLED, ink date ‘20.10.19’ in top margin, in PCGS folder, 55, choice about new and very rare Estimate HK$25,000-35,000

BANQUE INDUSTRIELLE DE CHINE, CANTON PEKING

58 Banque Industrielle de Chine, specimen $1, Canton, 1919, serial number 000001-100000, blue, tan, mauve and green, Chinze low left and right, value at centre, CANTON in black low centre, reverse purple and pale green, City gate top centre, value at left and right (Pick S384s, Smith-Matravers C254-1 for type), perforated CANCELLED, ink date ‘20.10.19’ in top margin, in PCGS folder 64, very choice new, PPQ and very rare Estimate HK$10,000-15,000

60 Banque Industrielle de Chine, specimen $1, Peking, 1914, serial number 0,000,001-0,500,000, blue, pink, mauve and ochre, ornamental lion (chinze) low left and right, value at centre and at left and right, PEKING low centre, reverse purple, green and lilac, city gate top centre, value at left and right (Pick S389s, Smith-Matravers C 254-1a), perforated CANCELLED, in PCGS holder 64, very choice new, very rare Estimate HK$15,000-20,000

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January 18, 2014 - Hong Kong

61 Banque Industrielle de Chine, specimen $5, Peking, 1914, serial number 000001-100000, blue, brown, and lilac, ornamental lion (Chinze) low left and right, value at centre and at left and right, PEKING low centre, reverse purple, green and pale red-orange, the Temple of Heaven at left (PickS 391s, Smith-Matravers C254-2a), perforated CANCELLED, ink date ‘31.3.15’ in top margin, in PCGS holder 58, (apparent) choice about new, mounting traces on reverse, very rare Estimate HK$18,000-24,000

63 Banque Industrielle de Chine, specimen $50, Peking, 1914, serial number 00001-20000, purple, green, pale green and blue, ornamental lion (Chinze) low left and right, value at centre and at left and right, PEKING low centre, reverse purple, green and pale orange, pagoda at left (Pick S392s, Smith-Matravers C254-4a), perforated CANCELLED, in PCGS holder 58, choice about new, PPQ, very rare Estimate HK$30,000-40,000

62 Banque Industrielle de Chine, specimen $10, Peking, 1914, serial number 150001-250000, blue, green, pale orange-brown, ornamental lion (Chinze) low left and right, value at centre and at left and right, PEKING low centre, reverse purple, green and pale blue, ornate gateway at right (Pick S391s, Smith-Matravers C254-3a), perforated CANCELLED, ink date ‘9.2.18’ in top margin, in PCGS holder 58, choice about new, very rare Estimate HK$18,000-24,000

64 Banque Industrielle de Chine, specimen $100, Peking, 1914, serial number 00001-10000, blue, green, lilac and pink, ornamental lion (Chinze) low left and right, value at centre and at left and right, PEKING low centre, reverse violet, pale orange and brown, the Great Wall of China in oval frame at centre, value at left and right (Pick S393s, Smith-Matravers C254-5), perforated CANCELLED, in PCGS holder 55, (apparent) choice about new, mounting remnants on face at right, extremely rare Estimate HK$30,000-50,000

21

BANKNOTES OF CHINA

A SPECTACULAR $500, PEKING, 1914

65 Banque Industrielle de Chine, specimen $500, Peking, 1914, serial number 0001-2000, purple, mauve, green, pale orange-brown, ornamental lion (Chinze) low left and right, value at centre and at left and right, PEKING low centre, reverse purple and mauve, ornate gateway top centre (Pick S394s, Smith-Matravers C254-6a), perforated CANCELLED, ink date ‘31.3.15’ in top margin, in PCGS holder 58, choice about new, extremely rare Estimate HK$45,000-65,000

66 Banque Industrielle De Chine, $1, Peking, 1915, serial 0,005,051, blue on orange underprint, Chinese lions at left and right, reverse purple with Paifang at top(Pick S389), various annotations, VG to fine and rare Estimate HK$3,000-4,000

67 Banque Industrielle De Chine, $5, Peking, 1915, serial 052,198, dark blue on orange underprint, Chinese lions at left, reverse purple with Temple of Heaven at left(Pick S390), good fine and rare Estimate HK$5,000-6,000

SHANGHAI

68 Banque Industrielle de Chine, specimen $1, Shanghai, 1914, serial number 0,500,001-1,000,000, blue, pink, mauve and ochre, ornamental lion (chinze) low left and right, value at centre and at left and right, SHANGHAI low centre, reverse purple, green and lilac, city gate top centre, value at left and right (Pick S395s, Smith-Matravers C 254-1c), faint ink date ‘31.3.15’ in top margin, perforated CANCELLED, in PCGS holder 63, (apparent) choice new, mounting residue on reverse at lower right corner, very rare Estimate HK$15,000-20,000

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January 18, 2014 - Hong Kong

69 Banque Industrielle de Chine, specimen $5, Shanghai, 1914, serial number 200001-400000, blue, brown, and lilac, ornamental lion (Chinze) low left and right, value at centre and at left and right, SHANGHAI low centre, reverse purple, green and pale red-orange, the Temple of Heaven at left (Pick S396s, Smith-Matravers C254-2c), perforated CANCELLED, ink date ‘27.9.16’ in top margin, in PCGS holder 63, (apparent) choice new, mounting remnants, very rare Estimate HK$18,000-24,000

70 Banque Industrielle de Chine, specimen $10, Shanghai, 1914, serial number 050001-100000, blue, green, pale orange-brown, ornamental lion (Chinze) low left and right, value at centre and at left and right, SHANGHAI low centre, reverse purple, green and pale blue, ornate gateway at right (Pick S397s, Smith-Matravers C254-3b), perforated CANCELLED, ink date ‘31.3.15’ in top margin, in PCGS holder 63, choice new, very rare Estimate HK$20,000-25,000

71 Banque Industrielle de Chine, specimen $50, Shanghai, 1914, serial number 20001-40000, purple, blue, mauve and pale green, Chinze low left and right, Bank initials top centre, value at centre, left and right, SHANGHAI in black low centre, reverse purple, orange-brown and pale green, pagoda at left, value at left and right(Pick S397As, Smith-Matravers C254-4c for type), perforated CANCELLED, in PCGS folder 58, choice about new and very rare Estimate HK$25,000-35,000

23

BANKNOTES OF CHINA

"SPECIMEN $500, SHANGHAI, 1914"

72 Banque Industrielle de Chine, Shanghai, specimen $500, Shanghai, 1914, serial number 2001-4000, purple, pale green and orange, ornamental lion (chinze) low left and right, Shanghai in text low centre, reverse purple, lilac and orange-brown, ornamental archway top centre, value at left and right (Pick S397C), perforated CANCELLED, in PCGS holder 58, choice about new, small split at upper left corner, a lovely note, extremely rare Estimate HK$30,000-40,000

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75 Banque Industrielle de Chine, Swatow, specimen $5, Swatow, 1920, serial number 000001-100000, blue, yellow ochre and pale pink and green, Bank initials elided top centre, ornamental lion (chinze) low left and right, SWATOW in text low centre, reverse purple, pale red and pale green, the Temple of Heaven at left (Pick S397Es), ink date ‘26.3.20’ in top margin, perforated CANCELLED, in PCGS holder 35, (apparent) very fine due to repaired tear at low left corner, but otherwise lovely, fresh and presentable, very rare Estimate HK$15,000-20,000

73 Banque Industrielle de Chine, $10, Shanghai, 1914, serial number 051320, black and pale green, chinze low left and right, handsigned at centre (Pick S397), very good and quite rare Estimate HK$2,500-3,500

SWATOW

74 Banque Industrielle de Chine, Swatow, specimen $1, Swatow, 1920, serial number 000001-100000, blue, yellow ochre and pale pink and green, ornamental lion (chinze) low left and right, SWATOW in text low centre, reverse purple, pale red and pale green, ornamental archway top centre (Pick S397Ds), ink date ‘26.3.20’ in top margin, perforated CANCELLED, in PCGS holder 45, (apparent) extremely fine, small scuffs on reverse, very rare Estimate HK$8,000-12,000

76 Banque Industrielle de Chine, Swatow, specimen $10, Swatow, 1920, serial number 000001-050000, blue, yellow ochre and pale pink and green, ornamental lion (chinze) low left and right, SWATOW in text low centre, reverse purple, pale blue and orange, city gate at right (Pick S397Fs), ink date ‘26.3.20’ in top margin, perforated CANCELLED, in PCGS holder 30, (apparent) very fine, due to lefthand margin damage, otherwise a lovely note, very rare Estimate HK$14,000-18,000

25

BANKNOTES OF CHINA

77 Banque Industrielle de Chine, Swatow, specimen $50, Swatow, 1920, serial number 00001-10000, purple, pale brown, green and blue, ornamental lion (chinze) low left and right, Bank initials elided top centre, SWATOW in text low centre, reverse purple, pale green and orange-yellow, pagoda at left (Pick S397Gs), ink date ‘26.3.20’ in top margin, perforated CANCELLED, in PCGS holder 30, (apparent) very fine, due to lefthand margin damage, very rare Estimate HK$20,000-30,000

A SWATOW $100 OF 1920

78 Banque Industrielle de Chine, Swatow, specimen $100, Swatow, 1920, serial number 00001-05000, green, blue, yellow, lilac and orange, ornamental lion (chinze) low left and right, Bank initials elided top centre, SWATOW in text low centre, reverse purple, yellow and brown, the Great wall of China at centre, value at left and right (Pick S397 for series, denomination not listed), ink date ‘26.3.20’ in top margin, perforated CANCELLED, in PCGS holder 45, (apparent) extremely fine, edge tear at left otherwise a lovely note, extremely rare Estimate HK$30,000-40,000

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TIENTSIN

81 Banque Industrielle de Chine, specimen $10, Tientsin, 1914, serial number 100001-300000, blue, green, pale orange-brown, ornamental lion (Chinze) low left and right, value at centre and at left and right, TIENTSIN low centre, reverse purple, green and pale blue, ornate gateway at right (Pick S400s, Smith-Matravers C254-3b), perforated CANCELLED, ink date ‘24.5.18’ in top margin, in PCGS holder 58, choice about new, very rare Estimate HK$20,000-25,000

79 Banque Industrielle de Chine, specimen $1, Tientsin, 1914, serial number 0,000,001-0,050,000, blue, pink, mauve and ochre, ornamental lion (chinze) low left and right, value at centre and at left and right, PEKING low centre, reverse purple, green and lilac, city gate top centre, value at left and right (Pick S398s, Smith-Matravers C 254-1b), perforated CANCELLED, in PCGS holder 65, gem new, PPQ, very rare Estimate HK$15,000-20,000

INTERNATIONAL BANKING CORPORATION/HANKOW

80 Banque Industrielle de Chine, specimen $5, Tientsin, 1914, serial number 000001-200000, blue, brown, and lilac, ornamental lion (Chinze) low left and right, value at centre and at left and right, TIENTSIN low centre, reverse purple, green and pale red-orange, the Temple of Heaven at left (Pick S399s, Smith-Matravers C254-2b), perforated CANCELLED, ink date ‘31.3.15’ in top margin, in PCGS holder 58, (apparent) choice about new, minor mounting remmants, very rare Estimate HK$18,000-24,000

82 International Banking Corporation, $5, Hankow, 1 July 1918, blue serial number 124566, green, white and blue, twin globes and eagle at centre, value at left and right and at each corner, two printed signatures below, reverse brown, twin globes and eagle at centre (Pick S407), an original very fine with good fabric to the paper and rare in this grade Estimate HK$5,000-7,000

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BANKNOTES OF CHINA

PEKING

83 International Banking Corporation, $5, Peking, 1 January 1910, blue serial number 254867, black, white and pink and green, twin globes and eagle at centre, value at left and right and at each corner, two printed signatures below, reverse red, twin globes and eagle at centre (Pick S413), in PCGS holder 55, (apparent) choice about new,slight grafitti on reverse, rare in this grade Estimate HK$5,000-7,000

84 International Banking Corporation, $5, Peking, 1 January 1910, blue serial number 288708, black and white with coloured guilloche at left and right, eagle and twin globes at centre, value at left and right, two signatures below, reverse red, eagle and twin globes at centre, value at left and right (Pick S413) in PCGS holder 50, about new, rare Estimate HK$10,000-15,000

85 International Banking Corporation, $10, Peking, 1 July 1919, blue serial number 204053, black, white and green, twin globes and eagle at centre, value at left and right and at each corner, two printed signatures below, reverse blue-grey, twin globes and eagle at centre (Pick S414), in PCGS holder 20, (apparent) very fine, small ink marks and stamp on reverse, and rare Estimate HK$6,000-8,000

86 International Banking Corporation, specimen 50 dollars, Peking, 1917, serial number 00000, grey on multicolour underprint, eagle on building between two globes, at centre, red stamped specimen right and left, reverse, purple, 3 punch marks at bottom, (Pick S416D), crisp, about uncirculated, a splendid note Estimate HK$20,000-30,000

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87 International Banking Corporation, $1, Peking, 1 July 1919, red serial number 137576, black, white and green, twin globes and eagle at centre, value at left and right and at each corner, two printed signatures below, reverse blue, twin globes and eagle at centre (Pick S417), an original extremely fine and scarce Estimate HK$3,500-4,000

89 International Banking Corporation, $10, Shanghai, 1 January 1905, red serial number 238285, brown, white and pale blue, twin globes and eagle at centre, value at left and right and at each corner, two printed signatures below, reverse red, twin globes and eagle at centre (Pick S420), in PCGS holder 20, very fine and rare Estimate HK$6,000-8,000

SHANGHAI

90 International Banking Corporation, $1, Shanghai, 1 July 1919, red serial number 151069, orange, white and green, twin globes and eagle at centre, value at left and right and at each corner, two printed signatures below, reverse green, twin globes and eagle at centre (Pick S423a), fine and scarce Estimate HK$1,000-1,500

88 International Banking Corporation, $5, Shanghai, 1 January 1905, red serial number 132640, green, white and brown, twin globes and eagle at centre, value at left and right and at each corner, two printed signatures below, reverse green, twin globes and eagle at centre (Pick S419a), grafitti on obverse, almost fine, scarce Estimate HK$4,000-6,000

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BANKNOTES OF CHINA

TIENTSIN

91 International Banking Corporation, $5, Tientsin,1 July 1918, red serial number 196644, black, white and green, twin globes and eagle at centre, value at left and right and at each corner, two printed signatures below, reverse orange, twin globes and eagle at centre (Pick S430), an original very fine and rare Estimate HK$5,000-7,000

MERCANTILE BANK OF INDIA

92 Mercantile Bank of India Limited, $5, Shanghai, 1 July 1916, serial number 25064, green and pale orange, pagoda on island at centre, manuscript signature low left, printed signature low right, reverse blue, Mercury at centre, value at left and right (Pick S442), paper still quite strong, about very fine and scarce Estimate HK$8,000-10,000

93 Mercantile Bank of India Limited, colour trial $1, Shanghai, 1 June 1924, no serial numbers, dark brown, pink and mauve, sampan and pagoda on island at centre, value at left and right and at each corner, two printed signatures below, reverse green, head of Mercury at centre, value at each corner (Pick S446ct), a lovely Waterlow colour trial. In PMG holder 65 ‘Gem uncirculated EPQ’, very rare Estimate HK$10,000-15,000

94 Mercantile Bank of India Limited, $1, Shanghai, 1924, serial number 039439, black and green, sampan at centre, reverse red, Mercury at centre (Pick S446), fine, scarce Estimate HK$5,000-7,000

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NATIONAL AND COMMERCIAL SAVINGS BANK

NETHERLANDS TRADING SOCIETY

95 National and Commercial Savings Bank, part issued 10 yuan, Hankow, 1 December 1924, red serial number 012277, purple-brown and multicoloured, the Great Wall of China at centre, signature low right, reverse brown, twin globes at centre (Pick S449r), in PCGS holder 40, extremely fine, scarce Estimate HK$3,000-5,000

96 Netherlands Trading Society, $5, Shanghai, 1 January 1909, serial number 121389, black and multicoloured, Oriental warrior top centre, bridge below, dragon at left and right, manuscript signature low right, reverse green, dragons and arms (Pick S458), VG and rare as an issued note Estimate HK$6,000-8,000

97 Netherlands Trading Society, specimen $50, 1 January 1922, serial number A 0001-8000, purple, green and pink, Oriental warrior at left, bridge and river scene low centre, value at centre, top left and right and low left, reverse green and grey, arms top centre, arms of the bank low centre, the Netherlands lion at left and right in oval frame, value at each corner (Pick S460s, Smith-Matravers S51-4), ink date ‘19.10.22’ in top margin, perforated CANCELLED, in PCGS holder 55, (apparent) choice about new, mounting remnants and damage on reverse, a lovely note, very rare Estimate HK$15,000-25,000

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BANKNOTES OF CHINA

NETHERLANDS TRADING SOCIETY

98 Netherlands Trading Society, specimen $100, 1 January 1922, serial number A 0001-6000, purple, green, orange and pink-red, Oriental warrior top centre, bridge and river scene low centre, value at centre, top left and right and low left, reverse purple, lilac, pale blue and orange, arms top centre, arms of the bank low centre, the Netherlands lion at left and right in oval frame, value at each corner (Pick S461s, Smith-Matravers S51-5), ink date ‘19.10.22’ in top margin, perforated CANCELLED, in PCGS holder 50, (apparent) about new, mounting traces and damage on obverse and reverse, a lovely note, very rare Estimate HK$20,000-30,000

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RUSSO-ASIATIC BANK 99 Russo-Asiatic Bank, 50 kopecks, grey, 1,3,10 and 100 rubles, all ND (1917), multicoloured, all with locomotive vignertte (Pick S473a-478a), generally very fine or better, scarce (5) Estimate HK$2,000-2,500

101 Russo-Asiatic Bank, 10 rubles, 1917, Soviet Red Army Headquarters, China, 1 yuan, 10 yuan (2) and 100 yuan, 1945/1946 (Pick S476a,Pick M31,32,36), very fine or better (5) Estimate HK$1,000-1,200

100 Russo-Asiatic Bank, a set comprising 50 kopecks, 1,3,10 and 100 rubles, ND (1917), all with locomotive vignette(Pick S473a,474a,475a,476a, 478a), generally very fine or better (5) Estimate HK$1,500-2,500

RUSSO-ASIATIC BANK GOLD FEN

102 Russo-Asiatic Bank, specimen 1 gold fen, ND (1913-1917), serial number 000001-050000, blue, green and pale brown, dragon in green low centre, dragon in blue at left and right, reverse green and brown, dragon low centre, value at each corner (Pick S479s, Smith-Matravers 5-50), perforated SPECIMEN, in PCGS holder 58, choice about new, PPQ and very rare Estimate HK$30,000-40,000

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BANKNOTES OF CHINA

103 Russo-Asiatic Bank, specimen 50 gold fen, ND (1913-1917), serial number 000001-060000, blue, pink, green and pale orange-brown, dragon in green low centre, dragon in blue at left and right, value at each corner, two printed signatures below, reverse green, mauve and orange, dragon low centre, value at each corner (Pick S482s, Smith-Matravers 5-53), perforated SPECIMEN, in PCGS holder 58, choice about new, very rare Estimate HK$35,000-50,000

104 Russo-Asiatic Bank, specimen 100 gold fen, ND (1913-1917), serial number 000001-030000, blue, green and pale pink and red, dragon in red low centre, dragon in blue at left and right, value at each corner, reverse green and lilac and grey-blue, dragon low centre, value at each corner (Pick S483s, Smith-Matravers 5-54), perforated SPECIMEN, in PCGS holder 55, choice about new, very rare Estimate HK$35,000-50,000

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MEXICAN DOLLARS

105 Russo Asiatic Bank, specimen 5 Mexican Dollars, Shanghai, 1909, green, lilac and orange, dragons top left and right, reverse black, pink, orange and pale blue, dragon at centre and at left and right, bank building low centre (Pick S542s), ink date ‘August 1912’ in top margin, perforated CANCELLED, in PCGS holder 53, (apparent) about new, rare Estimate HK$30,000-40,000

106 Russo-Asiatic Bank, specimen 50 Mexican dollars, Shanghai, ND (1913), red serial number B 000001-, black, lilac, pink and grey, dragon top left and right, English text, reverse black, pink, pale blue and green, bank building low centre, dragon in circular frame at top centre, dragon at left and right, value at centre and at each corner, Russian text (Pick S488s, Smith-Matravers 05-43), ink date ‘June 1913’ in top margin, perforated SPECIMEN, in PCGS holder 58, choice about new, PPQ, extremely rare Estimate HK$25,000-35,000

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BANKNOTES OF CHINA

RUSSO-CHINESE BANK/CHINGPING TSUYIN TAELS

107 Russo-Chinese Bank, specimen 1Chingping Tsuyin tael, Peking, ND (c1909), serial number A000001-A100000, orange, blue, green and red, value at centre and at each corner, reverse blue, dragon in vertical format at centre, value at each corner (Pick S531s, Smith-Matravers 5-20), mounting traces at left, ink date ‘August 1909’ in top margin, perforated SPECIMEN, in PCGS holder 63, choice new, PPQ, very rare Estimate HK$14,000-18,000

108 R u s s o - C h i n e s e B a n k , P e k i n g , s p e c i m e n 5 C h i n g p i n g Ts u y i n t a e l s , N D (1907), serial number A 00001-A 60000, dark green, pink, pale blue and yellow ochre, value at centre and at each corner, two printed signatures below, reverse red and white, dragon at centre, vertical format, value at each corner (Pick S532s, Smith-Matravers SM 05/21), perforated SPECIMEN, in PCGS holder 64, very choice new, PPQ, extremely rare Estimate HK$25,000-30,000

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109 Russo-Chinese Bank, Peking, specimen 10 Chingping Tsuyin taels, ND (1907), serial number A 00001-A 40000, green, lilac and pink, value at centre and at each corner, two printed signatures below, reversegrey, dragon at centre, vertical format, value at each corner (Pick S533s, Smith-Matravers SM 05/22), perforated SPECIMEN, in PCGS holder 64, very choice new, PPQ, extremely rare Estimate HK$30,000-40,000

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BANKNOTES OF CHINA

110 Russo-Chinese Bank, Peking, specimen 50 Chingping Tsuyin taels, ND (1907), serial number A 0001-A 2000, brown, pink and blue, value at centre and at each corner, two printed signatures below, reverse brown and white, dragon at centre, vertical format, value at each corner (Pick S534s, Smith-Matravers SM 05/23), perforated SPECIMEN, in PCGS holder 58, choice about new, extremely rare Estimate HK$35,000-45,000

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111 Russo-Chinese Bank, Peking, specimen 100 Chingping Tsuyin taels, ND (1907), serial number A 0001-A 1000, blue, lilac, green and yellow, value at centre and at each corner, two printed signatures below, reverse green and orange, dragon at centre, vertical format, value at each corner (Pick S535s, Smith-Matravers SM 05/24), perforated SPECIMEN, in PCGS holder 58, choice about new, PPQ, and extremely rare Estimate HK$40,000-50,000

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BANKNOTES OF CHINA

RUSSO-CHINESE BANK MEXICAN DOLLARS

112 Russo-Chinese Bank, specimen 1 Mexican dollar, Shanghai, ND (1913), zero serial numbers, pink and multicoloured, dragon top left and right, English text, reverse blue and pink, bank building low centre, dragon in circular frame at top centre, dragon at left and right, value at centre and at each corner, Russian text (Pick S485s, Smith-Matravers 05-40), perforated SPECIMEN, in PCGS holder 55, choice about new, PPQ, rare Estimate HK$10,000-15,000

113 Russo-Chinese Bank, specimen 5 Mexican dollars, Shanghai, ND (1909), zero serial numbers, black, pink, pale blue and orange, bank building low centre, dragon at left and tight, two printed signatures, dragon in pale blue panel at centre, reverse pale blue, lilac, green and orange, dragon at left and right (Pick S542s, Smith-Matravers 5-41), annotation in top margin, perforated SPECIMEN, in PCGS holder 40, (apparent) extremely fine, pinholes and ink, rare Estimate HK$30,000-50,000

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114 Russo-Chinese Bank, specimen 10 Mexican dollars, Shanghai, ND (1909), serial number A 00001-A 50000, black, pale blue, pink and orange, dragon top left and right, value at centre and at each corner, reverse black, pale blue, orange and green, bank building low centre, Russian text, dragon at left and right (Pick S543, Smith-Matravers 5-42), perforated SPECIMEN, in PCGS holder 50, about new, attractive and very rare Estimate HK$30,000-45,000

115 Russo-Chinese Bank, specimen 50 Mexican dollars, Shanghai, ND (1909), serial number 000000, black, pale blue, pink and orange, dragon top left and right, value at centre and at each corner, reverse black, pale blue, pink and green, bank building low centre, Russian text, dragon at left and right (Pick S544s, Smith-Matravers 5-43), a few annotations and date ‘23/7/08’, perforated SPECIMEN, in PCGS holder 35, very fine, attractive and very rare Estimate HK$35,000-45,000

41

BANKNOTES OF CHINA

116 Russo-Chinese Bank, specimen 100 Mexican dollars, Shanghai, ND (1909), serial number A 0001-A4000, black, pink-red and orange, bank building low centre, dragon at left and right, value at centre and at each corner, Russian text, reverse green, mauve, pale blue and orange, dragon at left and right, English text (PickS 545s, Smith-Matravers 5-44), perforated SPECIMEN, date 1909 in top margin, in PCGS holder 55, choice about new, attractive and extremely rare Estimate HK$30,000-45,000

HONG PING HUA PAO TAELS

117 Russo-Chinese Bank, specimen 1 hong ping hua pao tael, Tientsin, ND (c1907), serial number A000001-A150000, pink, blue and red, dragon at centre and at left and right, value at centre and at left and right and at each corner, two printed signatures below, reverse red and multicoloured, bank building at centre, value at left and right, dragon in brown at left and right (Pick S549s, Smith-Matravers 5-30), perforated SPECIMEN, in PCGS holder 50, about new, rare Estimate HK$15,000-20,000

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118 Russo-Chinese Bank, specimen 50 hong ping hua pao taels, Tientsin, ND (c1907), serial number A0001-A5000, pink, blue and red, dragon at centre and at left and right, value at centre and at left and right and at each corner, reverse red and multicoloured, bank building at centre, value at left and right, dragon in brown at left and right (Pick S552s, Smith-Matravers 5-33), perforated SPECIMEN, in PCGS holder 45, extremely fine. a lovely fresh example, rare Estimate HK$30,000-40,000

SHUN YEE SAVINGS BANK

120 The Shun Yee Savings Bank, Hankow Ho-Kai, $1, handstamped serial number 54647, plum red and pale green, dragon at left and right, value at centre and at each corner, reverse pale orange, text in field (Pick unlisted), red chop on obverse and on reverse, a pleasing good extremely fine and rare.

Estimate HK$25,000-35,000

119 The Shun Yee Savings Bank, Hankow Ho-Kai, $1, handstamped serial number 54645, plum red and pale green, dragon at left and right, value at centre and at each corner, reverse pale orange, text in field (Pick unlisted), red chop on obverse and on reverse, a pleasing good extremely fine and rare. An example was sold in our January 2013 auction with manuscript serial number, this a different variety Estimate HK$25,000-35,000

43

BANKNOTES OF CHINA

SINO-SCANDANAVIAN BANK

121 Sino Scandinavian Bank, $1 Changli, $10 Tientsin and $10 Peking, all dated 1922 green, blue and blue respectively(Pick S580, S593a and S588), good fine to uncirculated (3) Estimate HK$1,500-1,800

122 Sino Scandinavian Bank, obverse and reverse specimen 5 yuan, no place of issue, 1922, red zero serial numbers, brown, lakeside scenery at centre, Viking ship on reverse also a reverse of the same note(Pick S581s), design with matt cover, fine overall (2) Estimate HK$800-1,000

123 Sino Scandinavian Bank, uniface obverse and reverse specimen 10 yuan, no place of issue, 1922, red zero serial numbers, blue, lakeside scenery at centre, Viking ship on reverse (Pick S582s), design heavily covered by paint? Fine overall Estimate HK$800-1,000

124 Sino-Scandanavian Bank, 5 yuan, Tientsin, 1 February 1922, red prefix P, brown and multicoloured, also 10 yuan, Peking, 1 February 1922, red serial number C 0017514, blue-grey, both with buildings on hillside at centre in oval frame (Pick S592b,588), extremely fine and about very fine and scarce (2) Estimate HK$1,000-1,200

125 Sino-Scandanavian Bank, 1 yuan yungchi currency, 1 February 1922, red serial number A 0124922, green, 5 yuan, red serial number B 0068454, brown, also 10 yuan, Peking, 1 February 1922, red serial number C 0022215, blue-grey, all with buildings on hillside at centre in oval frame, all with black YUNGCHI CURRENCY overprint and black rosettes (Pick S596A), extremely fine, scarce (3) Estimate HK$1,500-2,000

126 Sino-Scandanavian Bank, 1 yuan, Tientsin, 1 October 1925, red serial number AJ 093012, green, 5 yuan, Tientsin, 1 February 1922, red serial number P 0159352, brown, also 10 yuan, Tientsin, 1 February 1922, red serial number F 0025810, blue-grey, all with buildings on hillside at centre in oval frame (Pick S595A,S592b,S593b), very fine to good very fine, scarce (3) Estimate HK$1,200-1,600

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PROVINCIAL BANKS/ANHWEI

127 Bank of Anhwei Provincial Government, $5, 1925, red and yellow, train at right, pier scene at left, arch bridge over lake on reverse (Pick S802) about extremely fine, scarce Estimate HK$3,000-4,000

128 Anhwei Yu Huan Bank, $1, 1907, serial number 411, horizontal format, blue dragon borders, pictures of an Anhwei silver dollar, Chinese text on reverse (Pick S819), fine, scarce Estimate HK$1,500-2,000

130 Anhwei Yu Huan Bank, $5, 1907, serial number 349, vertical format, brown border enclosing two black dragons, pictures of a Anhwei silver dollar on top, Chinese text on reverse (Pick S820), extremely fine, single heavy fold at centre, crisp, clean paper and very rare in this condition Estimate HK$30,000-40,000

129 Anhwei Yu Huan Bank, $1, 1907, blue and yellow, blue dragon borders, picture of an Anhwei silver dollar left and right, Chinese text on reverse with two red seals (PS819), very good/fine Estimate HK$500-800 45

BANKNOTES OF CHINA

131 Anhwei Yu Huan Bank, 1000 cash, ND (ca 1909), orange-brown, dragons at left and right in blue, waves low centre, reverse green and white, red seal at centre (Pick S823), slight damage at left centre otherwise good fine and rare Estimate HK$5,000-7,000

133 Anhwei Yu Huan Bank, 1000 cash (2), ca 1909, brown-yellow and blue, dragon at left and right, reverse green and white, text and large red seal at centre (Pick S823), VG (2) Estimate HK$6,000-8,000

CHEKIANG

134 Chekiang Provincial Bank, 1, 2 and 5 fen (1938, 1st issue), 5 fen (1938, 2nd issue), 1 yuan, 1949, also Charhar Commercial Bank, 5 yuan, Kalgan, 1933, red, junks on obverse (Pick S880-882, S885, S866) (Pick S856Ba) almost very fine to uncirculated (6) Estimate HK$1,000-1,200

132 Anhwei Yu Huan Bank, 1000 cash, 1909, serial number 677, vertical format, yellow with dragons chasing a fireball, Chinese text on reverse with multiple red official seals (Pick S823), fine Estimate HK$5,000-6,000

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KIRIN YUNG HENG

KIANGSI

137 Kiangsi Regional Bank, $10, no date, serial B086059, overprinted on Kan Sen Bank of Kiangsi, old date 1924, dark green on light green, Chinese pavilion by lake at centre, overprint bank name in red Chinese characters, reverse orange, walled village at centre, purple chopmark (Pick S1093), very fine Estimate HK$2,000-2,500 135 Kirin Yung Heng Provincial Bank, 1 tiao, 1916, serial number 09900, vertical format, black, ornate dragons chasing fireball, Chinese text on reverse, two large official red chops (Pick S981A), very good, attractive design Estimate HK$1,000-1,200

138 Bank of Kiangsi, $5 and $10, 1916, both green and orange, different Chinese buildings at left and right (Pick S1101 and S1102), extremely fine and almost very fine (2) Estimate HK$2,000-2,500

136 Kirin Yung Heng Provincial Bank, 1, 2, 3, 10 tiao, 1928, vertical format, plain design with Chinese text, also 5 tiao, 1917, green (Pick S1075, 1076, 1077 and 1080), (Pick S985) fine to extremely fine (5) Estimate HK$1,200-1,500 47

BANKNOTES OF CHINA

KIANG YU-NING

139 Kiangnan Yu Ning Government Bank, 100 coppers, 1907, blue and pink, dragon top centre, also 1 chuan (2), ca 1903, green, blue and red, dragons (Pick S1175,1161), VG (3) Estimate HK$3,000-4,000

141 Kiangnan Yu Ning Government Bank, 50 coppers, 1907, serial number 941, vertical format, green and white, dragons chasing fireball at top, reverse blue, two ornate dragons, one single red stamp (Pick S1173), very good Estimate HK$2,500-3,000

140 Kiangnan Yu Ning Government Bank, 1 chuan 1903, serial number 800, vertical format, green and blue, ornate dragon border, Chinese text and multiple red chops on reverse (Pick S1161), about fine Estimate HK$2,500-3,000

142 Kiangnan Yu Ning Government Bank, 100 coppers, 1907, serial number 967, vertical format, green and blue, ornate dragon border, Chinese text and multiple red chops on reverse (Pick S1174), about fine Estimate HK$2,500-3,000

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KIANGNAN YU NING GOVERNMENT $5, 1907

144 Kiangnan Yu Ning Government Bank, $5, Qingjiang, 1907, serial number 0780, horizontal format, blue and yellow, denomination at centre, dragons chasing fireball either side, reverse blue and yellow, mandarin at centre with a silver dollar on either side (Pick S1178c), fine and very rare Estimate HK$25,000-30,000

143 Kiangnan Yu Ning Government Bank, 100 coppers, 1907, serial number 453, vertical format, pink and blue, ornate floral border with dragon at top, Chinese text and multiple red chops on reverse (Pick S1175), about fine Estimate HK$2,500-3,000

CHEKIANG

145 Chekiang Bank Limited, specimen $1, 1 June 1913, serial number A 000000, blue and multicoloured, value in field and at each corner, reverse violet and multicoloured, house by lakeside at left, house and garden at right, value at centre and at each corner, printed signature low right (Pick unlisted Bank, Smith-Matravers unlisted), perforated SPECIMEN, in PCGS holder 58, choice about new, PPQ, and extremely rare Estimate HK$15,000-20,000 49

BANKNOTES OF CHINA

146 Chekiang Bank Limited, specimen $5, 1 June 1913, serial number A 000000, purple and multicoloured, value in field and at each corner, island at left, building at right, reverse blue and multicoloured, pagoda and houses on shoreline at centre, value at left and right, printed signature low right (Pick unlisted Bank, Smith-Matravers unlisted), perforated CANCELLED, in PCGS holder 65, gem new, PPQ, extremely rare Estimate HK$40,000-50,000

147 Chekiang Bank Limited, specimen $10, 1 June 1913, serial number A 000000, purple and multicoloured, value in field and at each corner, house by the waterside at centre, reverse violet and multicoloured, value in scrollwork at centre, value at each corner (Pick unlisted Bank, Smith-Matravers unlisted), perforated SPECIMEN, red SPECIMEN overprint, in PCGS holder 64, (apparent) very choice new, small stain on reverse lower right corner, extremely rare Estimate HK$40,000-50,000

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KIANGSU

148 Kiangsu Bank, specimen $1, ND (1913), no serial numbers, violet, lilac, pale orange, lions supporting globe top centre, value at left and right, reverse purple and green and orange, pagoda in park at left, value at right and at each corner (Pick S1226s, Smith-Matravers C121-1), ink annotation ‘as approved March 28th 13’ in top margin, perforated CANCELLED, in PCGS holder 64, very choice new, PPQ and very rare Estimate HK$8,000-12,000

149 Kiangsu Bank, specimen $5, ND (1913), no serial numbers, green, blue and brown, lions supporting globe top centre, value at left and right, reverse dark green, brown and orange, pagoda in park at right, value at left and at each corner (Pick S1226As, Smith-Matravers C121-2), ink annotation ‘as approved March 28th 13’ in top margin, perforated SPECIMEN, in PCGS holder 58, choice about new, PPQ, and very rare Estimate HK$15,000-20,000

150 Kiangsu Bank, specimen $10, ND (1913), no serial numbers, purple, green, blue and brown, lions supporting globe top centre, value at left and right, reverse purple and green and grey, pagoda in park at centre, value at left and at top left and right (Pick S1226Bs, Smith-Matravers C121-3), ink annotation ‘as approved March 28th 13’ in top margin, perforated SPECIMEN, in PCGS holder 58, choice about new, very rare Estimate HK$25,000-30,000

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BANKNOTES OF CHINA

YUE SOO IMPERIAL BANK

151 Yue Soo Imperial Bank, $1, 1908, serial number 7 4 8 4 1 , b r o w n b o r d e r, g r e e n o b v e r s e w i t h denomination at centre and dragons at top, reverse dark grey, two dragons chasing a fireball, clip cancelled (Pick S1232b), top left corner cut for cancellation, an original very fine. rare Estimate HK$4,000-6,000

152 Yue Soo Imperial Bank, $5, 1908, serial number 08162, brown border, green obverse with denomination at centre and dragons at top, reverse dark grey and purple, two dragons chasing a fireball, clip cancelled (Pick S1233b), cut for cancellation low left and right otherwise fine, rare Estimate HK$4,000-6,000

CHIHLI

153 C h i h l i P r o v i n c e Tr e a s u r y E x c h a n g e Notes, $1, 1928, serial 0267136, Chinese text on reverse with large red seal chopmark (Pick S1241) good, extremely fine Estimate HK$1,500-1,800

154 Provincial Bank of Chihli, $1 and $5, Tientsin, 1920, black on dark green and black on dark blue respectively, Chinese pavilion at centre, simple vignette on reverse (Pick S1263b and S1264b), good fine Estimate HK$500-800

155 Provincial Bank of Chihli, 20 coppers, 1926, 20 coppers, Tientsin, 1923, mauve and pale blue, reverse green, Chihli, Treasury Exchange note for 5 yuan, 1928, green, bridge (Pick S1280,1271A,1242a), uncirculated, VG and fine with damage low right (3) Estimate HK$1,200-1,400

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SHANSI AND SUIYUAN

156 Provincial Bank of Chihli, 20 coppers, 1 jiao, 2 jiao, 1 yuan issued in Tientsin, 1926, also 5 yuan issued in Xuzhou/Tientsin, 1926 (Pick S1282, S1285, S1286, S1288a and S1289c), good very fine to uncirculated (5) Estimate HK$1,800-2,200

159 Bank of Local Railway of Shansi and Suiyuan, 1 yuan, Taiyuan, 1934, red serial number Y 0479675, purple and pale green, locomotive at right (Pick S1294c), good extremely fine Estimate HK$500-600

MISCELLANEOUS

157 Provincial Bank of Chihli, a group comprising 10 cents, 20 cents (2), $1 and $5, Tientsin, 1920 and $5 and $10, Tientsin, 1926, (Pick S1286,1263b,1264b,1289a,1290a), first three uncirculated, generally about very fine (7) Estimate HK$1,200-1,400

160 A miscellaneous group including Fengtien Public Exchange Bank, 10 copper coins, Kung Tsi Bank of Fengtien 100 coppers, 1922, , Yu-Ming Bank of Kiangsi and others (Pick S1377,1370ff), mixed grades (7) Estimate HK$700-900

HAINAN 161 Hainan Bank, 2 cents, 5 cents (2), 20 cents (2), 50 cents,1949, 1 yuan (2), 1949, green and violet, Sun Yat Sen at left (Pick S1452,1453,1455,1456,1457), uncirculated (8) Estimate HK$1,000-1,200 158 Chihli Province, 10 yuan, 1928, treasury exchange notes issue, dark blue on light blue underprint, bridge at centre, Chinese characters on reverse (Pick S1243r), crisp, fresh and about uncirculated Estimate HK$2,000-3,000

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BANKNOTES OF CHINA

KWANG SING

164 Kwang Sing Company, Heilungchiang, $10, 1924, red serial numbers, red, street scene at centre, reverse blue, also Kuang Hsin Syndicate 10 cents, 1929, orange, reverse blue (Pick S1603c,1616), extremely fine and VG, scarce (2) Estimate HK$1,800-2,000

162 Kwang Sing Company, 100 tiao, 1929, serial number 42277, purple, black and blue, allegorical scenes within border (Pick S1527), very fine.

Estimate HK$1,800-2,200

165 Kwang Sing Company, $10, 1924, red serial number A 855490, red, courtyard at centre with chinze, reverse blue (Pick S1603c), good very fine Estimate HK$1,600-1,800

AMOY

163 Republican era notes, lot of 7 fractional notes, from Bank of Hainan, Kung Tsi Bank of Fengtien and Kuan Hsin Syndicate of Heilungkiang. mixed condition (7) Estimate HK$500-800

166 The Amoy Industrial Bank, 2 jiao, no date, serial numbers A006019-038 B, brown, monument at left, vignette stating value at right, reverse light brown with simple vignette stating value (Pick S1657A), uncirculated (20) Estimate HK$500-800

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HONAN

170 Provincial Bank of Honan, 1 yuan, Honan, 1923, red prefix B, red, yellow and multicoloured, building at centre, also 5 yuan, Tientsin, 1923, red prefix A, green and multicoloured, building at right (Pick S1688b,1689c), almost very fine and almost extremely fine (2) Estimate HK$1,400-1,800

167 Provincial Bank of Honan, 5 yuan, 1922, black serial number W014589, orange, Yue Fei at centre, Chinese control characters at bottom, reverse dark red, (Pick S1674), about very fine Estimate HK$800-1,000

171 Provincial Bank of Honan, proof/specimen 1 yuan, 1923, no serial numbers or signatures, red and green, Chinese building at centre, reverse orange red with ‘one yuan’ in vignette (PS1688) for type, about uncirculated with slight paper loss top left Estimate HK$1,200-1,500

168 Provincial Bank of Honan, 20 coppers, 50 coppers 1923, green and brown respectively (Pick S1679? And S1682?), uncirculated (2) Estimate HK$800-1,000

169 Provincial Bank of Honan, 1 yuan and 10 yuan, Tientsin, 1923, red serial numbers, red and purple respectively, similar designs with Chinese building on obverse, simple vignette with value on reverse (Pick S1688c and S1690c), very fine and good, extremely fine Estimate HK$1,200-1,500

172 Provincial Bank of Honan, 5 yuan and 10 yuan, Honan, 1923, red serial numbers, green and purple respectively, similar designs with Chinese building on obverse, simple vignette with value on reverse (Pick S1689b and S1690b), about very fine Estimate HK$1,200-1,500 55

BANKNOTES OF CHINA

173 proof/specimen 10 yuan, 1923, no serial numbers or signatures, purple and orange, Chinese building at left, reverse green with ‘ten yuan’ in vignette (PS1690) for type, about uncirculated with old tape marks on top border Estimate HK$1,200-1,500

HO PEI 176 Singkiang Government Bank, 400 cash, 1928, pink and black, very in text (Pick S1840), good verty fine Estimate HK$1,000-1,200

HULUNPEIERH 174 Ho Pei Metropolitan Bank, 4 coppers, 1938, vertical form, dark green, teahouse at centre (Pick S1701J). Also Provincial Bank of Hopei, 5yuan, Tientsin, 1934, red (Pick S1731), uncirculated and good, very fine respectively (2) Estimate HK$800-1,000

SINGKIANG 177 Hulunpeierh Official Currency Bureau, 1 yuan, brown on yellow, bridge at centre and 5 yuan, dark blue on light blue, pagoda at centre, both dated 1919 (Pick S1892H and S1892J), very good and fine (2), scarce Estimate HK$2,000-2,500 175 Sinkiang Commercial and Industrial Bank, 10 yuan, 1940, serial number SA388032, red on pale pink and blue underprint, factory at centre, reverse mountain scene (Pick S1758), some folding, otherwise fine to very fine Estimate HK$800-1,200

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HUNAN

180 Hunan Government Bank, 1 tael, ca 1906, black and green, dragon at left and right, reverse orange and white, text and large red seal low field (Pick S1913), VG and scarce Estimate HK$3,000-4,000

178 Hunan Government Bank, $1,1904, serial number 596, vertical format, blue and green, ornate dragon border chasing a fireball, Chinese text and multiple red chops on reverse (Pick S1899), fine Estimate HK$4,000-5,000

179 Hunan Government Bank, 1 tael, 1904, serial number 453, vertical format, black, green and blue, ornate dragon border chasing a fireball, Chinese text and multiple red chops on reverse (Pick S1904), fine Estimate HK$4,000-5,000

181 Hunan Government Bank, 1 tael, 1906, black and pale green, dragon top left and right, reverse text and large red seal (Pick S1913), VG, scarce Estimate HK$2,000-2,500 57

BANKNOTES OF CHINA

182 Hunan Industrial Bank, 1 tael, green on yellow, rural view at right, modern building at left, 5 taels, brown and light green, similar design to previous, both dated 1912 (Pick S1996 and S1997), very good (2), scarce Estimate HK$4,000-6,000

185 Hunan Provincial Bank, 100 coppers 1915, 10 coppers 1917 and 30 coppers 1917, green, blue and green respectively, similar designs with village road scene at right and Chinese house at left (Pick S2050, S2056 and S2058), fine to very fine (3) Estimate HK$1,000-1,200

183 Hunan Bao Hsing Mineral Bank, 5 taels, Changsha, 1912, black and yellow, floral wreath at top with bank title, mining towns at left and right, value at centre, reverse red, bank title and value in English, with brush writing (Pick not listed), very good, scarce Estimate HK$2,500-3,000

186 Hunan Provincial Bank, 100 coppers 1915, 20 coppers 1917, 30 coppers 1917 and 100 coppers 1917 green, blue, green and red-brown respectively, similar designs with village roadscene at right and Chinese house at left, (Pick S2050, S2057, S2058 and S2060), fine to very fine (4) Estimate HK$1,200-1,500

184 Hunan Bank, 100 coppers, 1 yuan and 5 yuan, 1912, green, brown and brown respectively, double phoenix at top, value at centre, reverse plain with Chinese text and red chopmarks (Pick S2027, S2029 and S2030), very good to fine, damaged to edges on the 5 yuan (3) Estimate HK$1,000-1,200

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HUPEH

189 The Industrial Development Bank of Jehol, 20 coppers, no date (1921), serial number 5157613, dark green, hillside fortress at centre, signature seals at bottom, handstamped for issue in Chengde, (rare), (Pick S2175A), extremely fine Estimate HK$500-800

187 Hupeh Government Cash Bank, 1 ch’uan, 1906, black and green, dragon top left and right, reverse pale brown text in field (Pick S2090), fine and rare Estimate HK$5,000-7,000

190 Hsing Yeh Bank of Jehol, specimen $10, 1920, Jehol, red-brown, Chinese pavilion at centre, reverse violet with Chinese town scene at centre (PS2172s), about uncirculated Estimate HK$1,500-1,800

JEHOL

188 Hsing Yeh Bank of Jehol, specimen $5, 1920, Jehol, brown, Chinese pavilion at centre, reverse orange with Chinese town scene at centre (PS2171s), about uncirculated Estimate HK$1,500-1,800

191 The Industrial Development Bank of Jehol, 5 yuan, 10 yuan, Pingchuan, 1923, red serial numbers, Great Wall on obverse, value in vignette on reverse (Pick S2184 for type and S2185d), good fine, scarce place of issue (2) Estimate HK$2,000-2,500

59

BANKNOTES OF CHINA

192 The Industrial Development Bank of Jehol, 5 yuan Weichang, 10 yuan Lingyuan and 10 yuan Chengde, 1923, red serial numbers, Great Wall on obverse, value in vignette on reverse (Pick S2184 for type, S2185c and S2185a), about very fine, scarce places of issue (3) Estimate HK$2,500-3,000

195 The Industrial Development Bank of Jehol, 5 yuan, 1925, serial number 0220964, yellow, Great Wall at centre, signature seals at bottom, reverse yellow, vignette with value at centre (Pick S2187a), very fine Estimate HK$500-800

KIANGSI

193 The Industrial Development Bank of Jehol, 5 yuan, 10 yuan, Chifeng, 1923, red serial numbers, Great Wall on obverse, value in vignette on reverse (Pick S2184j and S2185b), good fine, scarce place of issue (2) Estimate HK$2,000-2,500

196 Provincial Bank of Kiangsi, 100 coppers, 1912, vertical format, black with lions and clouds (Pick S2223), also $10, 1924, serial 029551, dark green on green, Chinese house by lake (Pick S2227), very good, fine (2) Estimate HK$2,000-2,500

194

197 Provincial Bank of Kiangsi, $10, 1924, serial 029551, dark green on green, Chinese house by lake (Pick S2227), $10, Nanchang, 1925, serial 043580, violet on green, houses along shoreline (Pick S2233), about fine (2) Estimate HK$1,200-1,500

1, 5, and 10 yuan, 1925, violet, yellow and green respectively (PS2186a, S2187a and S2188a) very good, fine and extremely fine (3), scarce Estimate HK$1,500-1,800

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200 Canton Municipal Bank, a selection comprising 10 cents, 1933, 1 yuan (4), ND and 1933, 5 yuan,1933,10 yuan, 1933, also Kwantung Province 1,5,10,50 and 100 yuan, 1918 (Pick S2276,2280c,2401,2402,2403,2404 ff), generally fine to very fine (12) Estimate HK$1,200-1,600

198 Canton Municipal Bank, 10 cents, 1931, red serial numbers, dark green and pink, building at left, reverse green, Sun Yat Sen at centre (Pick S2260a, Smith-Matravers K24-10a), good extremely fine, scarce Estimate HK$1,400-1,800

201 Canton Municipal Bank, $1, $5 and $10, 1933, blue serial numbers on reverse, vertical format, Sun Yat Sen Memorial, Zhenhailou and Sun Yat Sen Memorial Hall respectively (Pick S2278, S2279 and 2280), almost very fine (3) Estimate HK$800-1,000

KWANGSI

202 Kwangsi Farmers Bank, 5 yuan, 1938, red serial number A 244957, green, man at left, farming scene at centre, reverse brown, text (Pick S2296), almost extremely fine Estimate HK$3,000-3,500

199 10 and 20 cents, 1933, Sun Yat Sen portrait at centre (Pick S2276,2277), uncirculated, scarce (2) Estimate HK$2,000-2,200

61

BANKNOTES OF CHINA 206 Provincial Bank of Kwangsi, a selection c o m p r i s i n g $ 5 , Wu c h o w, 1 9 2 6 , $ 1 , 1929, $5 (2), 1929, $10 (3), 1929 and (Pick S2326j,2339,2340,2341ff), generally fine or better (13) Estimate HK$800-1,000 203 Kwangsi Provincial Government, 500 cents, ND (1949), red serial number 152717, red and pale yellow, building at centre, also 50 cents, ND (1949), red serial number 2345041, mauve, building at centre (Pick S2315,2313), both in PMG folder 64 choice uncirculated (2) Estimate HK$1,200-1,400 207 A small group of Republican era notes, including Provincial Bank of Kwangsi 10 yuan, issued for Nanning,1926 (PS2327e) and 10 yuan, no place of issue, 1929 (PS2341r), also, Farmer’s Bank of China, 500 yuan, 1941 serial numbers B999613 and G493907 (P478a), about very fine (4) Estimate HK$1,500-2,000 204 Kwangsi Provincial Government, 50 cents, no date, serial number 0853754, brown and pink, Chinese building at centre, value in Chinese at four corners, reverse brown with the denomination in English at centre, almost extrememly fine with small area of damage bottom border, also Kwangsi Farmer’s Bank, 5yuan, serial number A143835, green, man at left, buffalo ploughing at centre, reverse brown and orange with Chinese text, (PS2313,2296) uncirculated but with small area of damage at top border (2) Estimate HK$1,200-1,500

208 Provincial Bank of Kwangsi, 11 notes from the 1929 series, 1 yuan (2), 5 yuan (7) and 10 yuan (2), similar designs with Guilin mountains at centre, all different places of issue (Pick S2339 to 2341 for types), very fine on average (11) Estimate HK$1,200-1,500

KWANGTUNG 209 Provincial Bank of Kwantung Province/ Kwantung Provincial Bank, a selection from the 1920’s to 1949, including 20 cents (3), 1922, 50 cents, 1922, $1,5 and $10, 1931, (Pick S2407,2408,2421,2443ff), mixed grades (31) Estimate HK$800-1,200

205 Provincial Bank of Kwangsi, $5 and $10, Wuchow, 1926, red serial numbers, blue-pink, brown-grey respectively, similar designs with junks at right and pagoda at left, hillside scene on reverse (Pick S2325j and S2327g), almost extremely fine Estimate HK$1,800-2,000

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PEI YANG

210 Kwantung Provincial Bank, 10 cents, 1935, red and 20 cents, 1935, green, both Sun Yat Sen at right and PAK HOI overstamp top centre on reverse (Pick S2436b,2437c), extremely fine (2) Estimate HK$1,000-1,200

213 Pei Yang Tientsin Bank/Kiangsu Bank, an obverse and reverse photograph mounted on card for a proposed issue of $100, ND (ca 1927), pagoda and park at left (Chekiang Bank), old man in cap at right (Pei Yang Tientsin, Pei Yang Kin-Fu Bank for ‘old man’), reverse water and bridge, value at left and right (Pick unrecorded), ink date ‘21.12.27’ on mount, extremely fine, unique (2) Estimate HK$3,000-5,000

211 Kwantung Provincial Bank, a pack of 100 x $5, 1936, green, boat at centre, reverse violet and green (Pick S2443), fine to very fine (100) Estimate HK$5,000-5,500

212 Kwantung Provincial Bank, 5 yuan (100) ,1949, red serial number 483201-300, green and white, Sun Yat Sen at left, reverse green (Pick S2457), uncirculated and a scarce consecutive bundle (100) Estimate HK$2,000-2,500

63

BANKNOTES OF CHINA

AN EXCEPTIONAL GROUP OF PEI YANG KIN FU BANKNOTES

214 Pei Yang Kin Fu Bank, specimen 1 tael, ND (1906/1910), zero serial numbers, red, blue and multicoloured, Li Hung Chang top centre, boats low centre, dragon in red at left and right, reverse pale orange and blue, text at centre (PS 2505 for bank, denomination unlisted, 2521 for Pei-Yang Tientsin Bank in this denomination, Smith Matravers P35-1, unlisted Bank), in PCGS holder 58, choice about new, of the highest rarity Estimate HK$150,000-200,000

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215 Pei Yang Kin Fu Bank, specimen 3 taels, ND (1906/1910), zero serial numbers, orange, green and multicoloured, Li Hung Chang top centre, boats low centre, dragon in green at left and right, reverse red and green, text at centre (Pick S2505, Smith Matravers P35-2, unlisted Bank), in PCGS holder 58, choice about new, PPQ, and of the highest rarity Estimate HK$180,000-240,000

65

BANKNOTES OF CHINA

216 Pei Yang Kin Fu Bank, specimen 5 taels, ND (1906/1910), zero serial numbers, red, orange, green and multicoloured, Li Hung Chang top centre, boats low centre, dragon in red at left and right, reverse pink-red and green, text at centre (PS 2505 for bank, denomination unlisted, 2523 for Pei-Yang Tientsin Bank in this denomination, Smith Matravers P35-3, unlisted Bank), in PCGS holder 58, choice about new, and of the highest rarity Estimate HK$160,000-240,000

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217 Pei Yang Kin-Fu Bank, a uniface reverse proof for a $5, Tientsin, ND, type of 1906, green and white, text and value (see Pick S2505 for similar), extremely fine and extremely rare Estimate HK$7,000-9,000

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BANKNOTES OF CHINA

PEI YANG KIN FU BANK 10 TAELS, 1906

218 Pei Yang Kin Fu Bank, specimen 10 taels, ND (1906/1910), zero serial numbers, blue, red and orange and ochre, Li Hung Chang top centre, boats low centre, dragon in green at left and right, reverse pale blue and pale red-orange, text at centre (PS 2505 for bank, denomination unlisted, 2524 for Pei-Yang Tientsin Bank in this denomination, Smith Matravers P35-4, Pei-Yang Tientsin Bank, this bank unlisted), in PCGS holder 58, (apparent) choice about new, minor paperclip rust stain on reverse and of the highest rarity Estimate HK$180,000-240,000

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AN EXCEPTIONAL GROUP OF PEI YANG TIENTSIN

220

219 Pei Yang Tientsin Bank, specimen 1 tael, ND (1906/1910), serial number 000001-200000, red, blue and multicoloured, Li Hung Chang top centre, boats low centre, dragon in red at left and right, reverse pale orange and blue, text at centre (Pick S2521, Smith Matravers P35-1), in PCGS holder 63, choice new, PPQ, rare Estimate HK$10,000-14,000

Pei Yang Tientsin Bank, specimen 3 taels, ND (1906/1910), serial number 000001-200000, orange, green and multicoloured, Li Hung Chang top centre, boats low centre, dragon in red at left and right, reverse pale red and green, text at centre (Pick S2522, Smith Matravers P35-2), in PCGS holder 55, choice about new, rare Estimate HK$10,000-16,000

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BANKNOTES OF CHINA

221 Pei Yang Tientsin Bank, specimen 5 taels, ND (1906/1910), no serial numbers , red, blue and green, Li Hung Chang top centre, boats low centre, dragon in red at left and right, reverse pale red and green, text at centre (PS 2523, Smith Matravers P35-3), small SPECIMEN handstamp low centre, in PCGS holder 63, choice new, rare Estimate HK$15,000-20,000

222 Pei Yang Tientsin Bank, specimen 10 taels, ND (1906/1910), serial number 000001-200000, green, red and blue, Li Hung Chang top centre, boats low centre, dragon in red at left and right, reverse pale red and green, text at centre (Pick S2524, Smith-Matravers P35-4), in PCGS holder 58, choice about new, very rare Estimate HK$60,000-80,000

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224 Pei-Yang Tientsin Bank, specimen $1, Tientsin, ND (1910), serial number 000001-200000, green, brown and blue, dragons in green top left and right, bank building low left, Li-Hung Chan low right, reverse brown and pale blue, Chinese text (Pick S2526s, Smith-Matravers 35-10), mounting traces at left margin, perforated SPECIMEN, in PCGS holder 55, choice about new, very rare Estimate HK$8,000-12,000

223 Pei Yang Tientsin Bank, a uniface reverse proof for a 10 taels, Tientsin, ND, type of 1910, red and green, value and text (see Pick S2524 for similar), extremely fine and extremely rare Estimate HK$5,000-7,000

225 Pei Yang Tientsin Bank, a uniface reverse proof for a $5, Tientsin, ND, type of 1910, brown and pale blue, text and value (see Pick S2528 for similar), damage low left otherwise about extremely fine and extremely rare Estimate HK$3,500-4,000

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BANKNOTES OF CHINA

FRONTIER BANK

226 The Frontier Bank, 1 jiao Tientsin 1925, 1 jiao and 2 jiao Harbin, 1929, similar designs with farming scene at centre (Pick S2564a, S2576a and S2578a), very fine, extremely fine, about uncirculated, the Harbin issues scarce in such high grade (3) Estimate HK$3,000-3,500

228 Frontier Bank, specimen 5 yuan, 1 July 1925, red serial number 000000, brown and multicoloured, ornate building at centre, reverse brown, value (Pick S2570s for type), uncirculated Estimate HK$1,200-1,400

SHANTUNG

227 The Frontier Bank, a specimen set comprising $1,5,10,50 and $100, all 1 July 1925, all red serial number 00000, all building at centre (PS 2568s,2570s,2572s,2574s,2575s), perforated, red SPECIMEN overprint, uncirculated and rare (5) Estimate HK$12,000-18,000

229 Provincial Bank of Shantung, 1, 5 and 10 yuan, Jinan, 1925, blue, purple and red, house on hill at centre, value within vignette on reverse (Pick S2757a, S2758a and S2759), almost very fine (3) Estimate HK$1,500-1,800

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233 Provincial Bank of Shantung, 10, Tsinan, Shansi Provincial Bank, 20 cents, Sin Tsien, and Provincial Bank of Shensi, 1yuan, Shensi, 1931 (Pick S2762a,-,2684), poor, scarce (3) Estimate HK$800-1,000

230 Provincial Bank of Shantung, 5 yuan (2), Tsinan, 1925, purple, hilltop village at centre (Pick S2758a), very fine (2) Estimate HK$1,000-1,100

SZECHUAN

231 Republican era notes, lot of 10 notes, Yu Hsiang Bank, Provincial Bank of Shangtung, Sinkiang Provincial Bank, etc, mixed condition (10) Estimate HK$1,000-1,200

234 Szechuan Provincial Bank, a sheet of 14 unissued 100 copper coins, March 1924, green, pagoda at left and right reverse green, red seal on face (Pick S2808), there are eight complete notes and six partial notes, most unusual and very rare Estimate HK$6,000-8,000

232 Provincial Bank of Shantung, 1 yuan, Shantung, 1925, 1 yuan, Tsinan, 1925, 5 yuan, 1924 and 5 yuan, Tsinan, 1925, also a Shanse Provincial Bank 1 yuan, Taiyuan, 1930 (Pick S2746,2751a,2757a,2758a,2657m), generally very fine, a scarce lot (5) Estimate HK$2,500-3,000

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BANKNOTES OF CHINA

MANCHURIA

235 Provincial Bank of Manchuria, $10, 1917, red serial number W 0449995, green and white, reverse blue, the Temple of Heaven at centre (Pick S2899), almost very fine and scarce Estimate HK$1,500-2,000

238 Provincial Bank of the Three Eastern Provinces, $1, $5 and $10, 1924, blue, green and brown respectively, tower at centre (Pick S2951a, S2952a and S2953), very good, good,very fine, almost very fine (3) Estimate HK$1,000-1,200

HONAN

236 Provincial Bank of the Three Eastern Provinces, 10 cents, Mukden, 1929, green, $10, 1924, brown and multicoloured, also Bank of Manchuria, 10 and 20 cents, 1921 (Pick S2925b,2941b,2959a,2953, 10 cents VG, balance good very fine, a scarce group (4) Estimate HK$1,200-1,600

239 Provincial Bank of Honan, $1 (3), 1918, blue, man at centre (Pick S2981), VG (2) Estimate HK$1,200-1,400

NEW FU-TIEN BANK

237 Bank of Manchuria, 5 fen, Harbin, 1923, red serial number 500500, blue and yellow, Chinese houses at left, official red stamp, reverse violet with text in English, Manchu and Russian (Pick S2940b), uncirculated Estimate HK$1,000-1,200

240 T h e N e w F u - Ti e n B a n k , a s p e c i m e n s e t comprising $1,5,10,50 and $100, 1929, all red serial number 00000, all phoenix and horse above conjoined globes at centre (PS 2996s-3000s), perforated, red SPECIMEN overprint, uncirculated and scarce (5) Estimate HK$12,000-18,000

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CHANG CHUNG

241 New Fu-Tien Bank, $1, 1929, blue and $100, 1929, red, both phoenix and horse above twin globes and Hulunpeierh Official currency Bureau, 5 yuan, 1919, serial number 9790 (Pick S2996a,3000a,1892J), about fine, very fine, VG and scarce (3) Estimate HK$1,400-1,800

243 Bank of Chang Chung, 1000 yuan, 1948, Bank of Reheer Sheeng, 100 yuan, 1947, Sibeo Nung Min Inxang 2 yuan, 1940, 50 yuan, 1940, (Pick S3056,3427,-,-), very fine (4) Estimate HK$1,200-1,600

SHANSI, CHINAN AND HOPEI

YUNNAN

244 Bank of Chinan, a group comprising 10 cents, 1939, 2 and 5 (2) and 10 yuan, 1939, 100 yuan, 1942, 1000 yuan, 1942 (Pick S3064,3068,30 69,3069C,3070a,3076,3080a), generally good very fine, scarce (7) Estimate HK$1,200-1,800

242 Yunnan Official Currency Bureau, 5 silver yuan, red and blue, unissued remainder with counterfoil (Pick S3025r2), uncirculated Estimate HK$500-800

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BANKNOTES OF CHINA

BANK of SHANSI,CHARHAR AND HOPEI

245 Bank of Shansi, Charhar and Hopei, 10 cents, 1938, red serial number F 056500, brown, 10 yuan, 1940, red serial number J158685, purple, the Temple of Heaven at centre, 100 yuan, 1946, red serial number 741326, 500 yuan, 1946, red serial number 854211, 5000 yuan, 1947, red serial number AE E4138584, 5000 yuan, 1947, red serial number CQ 150782 (PS 3136,3156,3198,3208,3211), first 5000 VG, balance extremely fine. The last note not illustrated in Pick but all the others are the Pick plate notes. A very desirable reference lot (6) Estimate HK$2,000-3,000

246 Bank of Shansi, Chahar and Hopei, 10 cents, 1938, 50 cents, 1938, 2 and 5 yuan, 1939, 20 cents, 1940, 5 and 10 yuan, 1945, 50 yuan, 1945, brown, temple, 100 yuan, 1946, red, tea-house, 200 yuan, 1946, red, 500 yuan, 1946, brown, cattle, 1000 yuan, 1946, horses, 1000 yuan, 1947, violet and pale green, horse and well, 5000 yuan, 1947, violet, junks at right, 5000 yuan, 1947, purple, bridge at left (Pick S3136,3138,3148,3149A,3151,3171,31 74C,3176,3192,3194,3195,3201,3206,3210,3211), generally good very fine and a scarce group (15) Estimate HK$3,500-4,500

247 Bank of Shansi, Charhar and Hopei, 10 yuan, 1945, red serial numbers, red-brown and pale blue, the Great Wall at centre, also 100 yuan, 1945, red serial numbers, brown and pale yellow, agricultural scene at left and right (Pick S3173,3182), good very fine (2) Estimate HK$1,400-1,600

SZECHUAN-SHANSI

248 Szechuan-Shansi Bank Provincial Soviet Workers and Farmers Bank, 3 ch’uan, 1933, black text on pale brown cloth, clenched fist, star and crescent at centre, red seal at centre (Pick S3219a), good very fine and scarce Estimate HK$3,000-4,000

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249 Szechuan-Shansi Provincial Soviet Workers and Farmers Bank, 3 Ch’uan, 1933, black text on grey cloth, clenched fist and hammer and sickle at centre, reverse black design, red seal at centre (PS 3219a), good very fine and rare Estimate HK$2,500-3,500

250 Szechuan-Shansi Bank Provincial Soviet Workers and Farmers Bank, 1 ch’uan, 1934, black text on blue-grey cloth, clenched fist, star and crescent at centre, red oval seal at low centre (Pick S3220), good very fine and scarce Estimate HK$3,000-3,500

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BANKNOTES OF CHINA

CHUNG CHOU

251 The Farmer’s Bank of Chung Chou, 50 yuan, 1946, serial number N561866, green on pink underprint, temple at left. Also, Bank of Shansi, Chahar and Hopei 500yuan 1946, Ta Han Szechuan Military Government 1yuan 1912 and Ssuchuan Provincial Bank 1000cash, unissued (Pick S3233, S3199a, S3948 and S2808), extremely fine to uncirculated (4) Estimate HK$500-1,000

253 Chinese Soviet Republic National Bank, 1 yuan, 1932, red serial number 010424, lilac and pale green, Lenin at centre, star at left and right, two printed signatures below, reverse pale green, value at centre, star at left and right (Pick S3253), extremely fine and scarce Estimate HK$1,500-2,500

CHINESE SOVIET REPUBLIC NATIONAL BANK

252 Chinese Soviet Republic National Bank, 5 fen, 1932, red serial number E 078745, pale green, two printed signatures below, reverse mauve, value at centre, star at left and right (Pick S3250), very fine and scarce Estimate HK$1,500-2,500

254 Chinese Soviet Republic Bank of Hunan-Kwangsi, 10 coppers, 1934, bronze serial number 031067 (?), black and white, soldiers and flag at centre, reverse black and white with red square seal at centre (Pick S3275), very fine and scarce Estimate HK$1,500-2,500

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HUNAN-HUPEI-KIANGSI

258 Bank of Bai Hai, 5 yuan, 1945, blue-grey, 10 yuan (2), 1945, one red, one blue, 200 yuan, 1945, purple, (Pick S3579B,3580B,3582b,3596A), generally extremely fine and scarce (4) Estimate HK$1,500-2,500

255 Hunan-Hupei-Kiangsi Workers and Farmers Bank, 3 chiao, 1932, red serial number 185049, black and white, man with white beard at left, pagoda at right, red rectangular ‘full cash paid’ stamp at centre, reverse brown, factory at centre (Pick S3341b0, slight damage at left otherwise good very fine, scarce Estimate HK$1,500-2,500

COMMUNIST ISSUES 256 China, Communist issues, a selection comprising 1 yuan, 1942, blue, 50 cents, 1943, brown, farmer and oxen, 100 yuan, 1946, brown, monument, 500 yuan, 1947, blue, radio station, 500 yuan, 1947, blue, lake, 1000 yuan, 1948, blue, monument and buildings (Pick S 3552A,3554,3603,3620A,3620E, 3623A), good very fine or better, a scarce group (6) Estimate HK$2,000-3,000

259 Dian-Kian-Gui Bianky, 1 yuan, 1949, pink-brown, Mao Tse-Tung at left, workers at right, reverse gray, farmer and buffalo (Pick S3719), turquoise Chinese letters overstamp, extremely fine and scarce Estimate HK$1,200-1,800 259A Dian-Kian-Gui-Banky, a pair of uncut 5 yuan, 1949, red and tan, Mao Tse Tung at right, reverse violet and tan, farming scene (Pick S3720), holed at right otherwise good very fine and scarce HK$5000-6000 260 Bank of Bai Hai, 2 jiao 1943, 10 yuan 1944, 200 yuan 1944, 500 yuan 1947 and 500 yuan 1948 x2, also Tung Pei Bank of China 50 yuan 1947, 100 yuan 1947 x2 (Pick S3553J, 3565C, 3573a, 3620E, 3622Bb, 3622, 3746, 3749, 37500), extremely fine to uncirculated, very scarce in these high grade Estimate HK$4,000-5,000

257 Bo Xai Inxang, 1 yuan, 1944, blue serial number 656442, brown, farmer and plough team at centre, reverse brown, value at centre (Pick S3561), about extremely fine Estimate HK$1,000-1,200

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BANKNOTES OF CHINA

261 Kwansi-Kweichow Yunnan Border District, Dianki Gui Bianky, emergency currency for 1 yuan, 1949, red serial number BT 056 BI, brown, Mao Tse Tung at left, reverse black on brown, farmers at left, (Pick 3719), good very fine, scarce Estimate HK$1,200-1,400 262 Tung Pei Bank of China, 1 yuan, 1945, red, Temple of Heaven at right, 100 yuan, 1945, blue and pink, building at left, 50 yuan, violet, 100 yuan (2), 1947, red, 500 yuan, 1947, blue and pale orange, Mao Tse Tung at centre, 1000 yuan, brown and green, farming couple, 500 yuan, 1950, blue, tractor at right (Pick S3725,3734a,3746,3747,3748,3754 ,3757a,3766), generally very fine or better and a scarce group (8) Estimate HK$2,500-3,500

264 Tung Pei Bank of China, 500 yuan, 1950, blue, tractor at right, 1000 yuan, 1948, brown-green, farmer and worker at right and 100,000 yuan, 1949, purple and grey, men digging at right and ploughing at left also Bank of Chinan, 10yuan, 1939, green and pink (Pick S3766, S3758, S3765 and Pick S3070a), mixed condition (4) Estimate HK$1,200-1,500

265 Republic of China, a uniface proof/essay for a 10 cash, ND, blue and cream, ornate floral border around, medallion with txt 10 cash at left, medalion at right with crossed flags, two faded seals at centre some foxing, about very fine and very rare Estimate HK$5,000-6,000

263 Tung Pei Bank of China, group of notes (4), including 10 yuan, 1946, brown and pale green, irrigation scene at right (Pick S3739,3759 various grades, good to fine (4) Estimate HK$1,800-2,000

266 Tung Pei Bank of China, 10 yuan and 100 yuan, 1947, red/grey and red/yellow respectively (PS3745b and 3750), uncirculated and almost extremely fine, scarce in high grades (2) Estimate HK$500-800

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REPUBLICAN CHINA MILITARY

HONAN

267 Republican China Military Banknote, $1, Shanghai, 1912, red serial number 171956, brown and white, value at centre and at each corner, Chinese text, reverse blue and white with Enlish text and red ‘Shanghai’ in ornate scrip printed at centre (Pick S3818a), almost fine Estimate HK$2,000-3,000

269 Honan Provincial Treasury, 1 yuan, old date 1921, serial number 0870538, vertical format, Yue Fei at centre, overprint in red Chinese characters, large red square seal, reverse red (Pick S3855), uncirculated Estimate HK$1,500-1,800

268 Republican China Military, $10, Shanghai, 1912, red serial number 000614, green and white, Chinese text on obverse, brown and white on reverse, English text (Pick S3820a), good fine, scarce Estimate HK$4,000-5,000

270 Provincial Bank of Honan, 10 yuan military issue, Honan, 1923, red serial number B0055761, green on multicoloured underprint, Chinese building on obverse, simple vignette with value on reverse (Pick S3859), extremely fine Estimate HK$1,500-1,800

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BANKNOTES OF CHINA

BANK OF THE NORTHWEST

271 Bank of the Northwest, 10 copper, Fengzhen, 1925, blue and pink, overprinted ‘Fengzhen Circulating Note’ in black Chinese characters, also 5yuan, 1925, Beijing, orange (Pick S3864c and S3874c), average very fine (2) Estimate HK$2,500-3,000

272 Bank of the Northwest, 1 jiao, 1 yuan and 5 yuan, all dated 1925 for circulation in Kalgan (Pick S3869, S3871c and S3874b), average very fine, and scarce (3) Estimate HK$2,500-3,000

274 Bank of the Northwest, 10 yuan, Peking, 1925, red serial number 0043877, green, railroad track at left (Pick S3875c), extremely fine, scarce Estimate HK$2,000-2,200

ARMY NOTES

275 National Army, 1 yuan and 2 yuan, 1927, blue and purple respectively, plain design with Chinese text obverse and reverse (Pick S3914 and S3915), good very fine, the 2 yuan scarce (2) Estimate HK$2,000-2,500

273 Bank of the Northwest, 5 and 10 yuan, 1925, also Provincial Army Note of Shantung 1 yuan, 1926, (Pick S3873c,3875a,3939), first and second fine to extremely fine, third fine to very fine Estimate HK$2,300-2,800

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January 18, 2014 - Hong Kong

IMPERIAL ISSUES/MING DYNASTY

276 Yunnan-Kwangtung-Kwangsi United Army for Kiangsi Relief, 10 dollars, 1916 brown on yellow orange underprint, crossed multicolour flags at top centre (Pick S3953), very fine to about extremely fine Estimate HK$4,800-5,200 279 Ming Dynasty, Da Ming Bao Chao, 1 kuan, 13681399, black text on mulberry bark, red rectangular seals on face, 10 strings of cash coins at centre, (Pick AA10), centre fold, several sections missing, printing still relatively clear, very good, scarce Estimate HK$12,000-16,000

277 Third and Fourth Route Army Headquarters Property and Control Office, 5 chuan, 1918, black and orange, Chinese houses left and right, reverse blue, Chinese text and large red office stamp (Pick S3955), good extremely fine, rare Estimate HK$20,000-25,000

PAWNBROKER RECEIPTS

280 Ming Dynasty, Da Ming Bao Chao, 1 kuan, ND (1368-1399), black text on grey mulberry bark, two rectangular red seals on face, 10 strings of cash at centre (Pick AA10, Smith Matravers T36-20 for type), some damage to right and left border, some small sections missing,, centre fold, stain at left, good to very good Estimate HK$5,000-10,000

278 A group of pawnbroker receipts, text on white parchment like paper (20) from the Republican era and in the name of the pawnbroker ‘De Sheng An’ Estimate HK$500-550

83

BANKNOTES OF CHINA

281 Ming Dynasty, Da Ming Bao Chao, 1 kuan, ND (1368-1399), black text on grey mulberry bark, two rectangular red seals on face, 10 strings of cash at centre (Pick AA10, Smith Matravers T36-20 for type), some wear on borders, several sections missing and centre fold, but reasonably clear print thus good Estimate HK$5,000-8,000

283 Ming Dynasty, Da Ming Bao Chao, 1 kuan, ND (1368-1399), black text on grey mulberry bark, two rectangular red seals on face, 10 strings of cash at centre (Pick AA10, Smith Matravers T36-20 for type), several small holes, stain top left, otherwise a nice example of this iconic note, good to very good Estimate HK$15,000-20,000

282 Ming Dynasty, Da Ming Bao Chao, 1 kuan, ND (1368-1399), black text on grey mulberry bark, two rectangular red seals on face, 10 strings of cash at centre (Pick AA10, Smith Matravers T36-20 for type), minimal wear on border, minute pinholes top left, larger pinhole top centre right, retaining good print, a pleasing fine to very fine Estimate HK$15,000-20,000

284 Ming Dynasty, Da Ming Bao Chao, 1 kuan, ND (1368-1399), black text on grey mulberry bark, two rectangular red seals on face, 10 strings of cash at centre (Pick AA10, Smith Matravers T36-20 for type), top left corner missing, showing signs of overall wear, nevertheless a relatively good example Estimate HK$5,000-8,000

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January 18, 2014 - Hong Kong

285 Ming Dynasty, Da Ming Bao Chao, 1 kuan, ND (1368-1399), black text on grey mulberry bark, two rectangular red seals on face, 10 strings of cash at centre (Pick AA10, Smith Matravers T36-20 for type), section missing at right centre, some expected wear, otherwise a good to very good Estimate HK$6,000-10,000

287 Qing Dynasty, Da Qing Bao Chao, 1000 cash, 8th Year of Xianfeng (1858), blue text on cream parchment like paper, red seals on face (Pick A 2), very fine Estimate HK$7,000-8,000

QING DYNASTY

288 Qing Dynasty, Da Qing Bao Chao, 1000 cash, 6th Year of Xianfeng (1856), blue and white, dragons in top field, two red chopmarks, white reverse with merchant chopmarks (Pick A2d) very fine Estimate HK$3,000-4,000

286 Qing Dynasty, Da Qing Bao Chao, 500 cash, 8th Year of Xianfeng (1858), blue and white, dragons in top field, three red chopmarks, white reverse (Pick A1f) good extremely fine Estimate HK$4,000-5,000

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BANKNOTES OF CHINA

289 Qing Dynasty, Da Qing Bao Chao, 7th Year of Xianfeng (1857), 1000 cash, serial number ‘Bian’ prefix 227, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA2e), PMG 58 choice about uncirculated Estimate HK$5,500-6,500

291 Qing Dynasty, Da Qing Bao Chao, 7th Year of Xianfeng (1857), 1000 cash, serial number ‘Bian’ prefix 229, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA2e), PMG 55 about uncirculated Estimate HK$5,200-6,200

290 Qing Dynasty, Da Qing Bao Chao, 7th Year of Xianfeng (1857), 1000 cash, serial number ‘Bian’ prefix 228, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA2e), PMG 55 about uncirculated Estimate HK$5,200-6,200

292 Qing Dynasty, Da Qing Bao Chao, 7th Year of Xianfeng (1857), 1000 cash, serial number ‘Bian’ prefix 236, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA2e), PMG 64 choice uncirculated Estimate HK$7,000-9,000

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January 18, 2014 - Hong Kong

293 Q i n g D y n a s t y, D a Q i n g B a o C h a o , 7 t h Year of Xianfeng (1857), 1000 cash, serial number ‘Bian’ prefix 272, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA2e), PMG 58 choice about uncirculated Estimate HK$5,500-6,500

295 Qing Dynasty, Da Qing Bao Chao, 7th Year of Xianfeng (1857), 1000 cash, serial number ‘Bian’ prefix 292, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA2e), PMG 53 about uncirculated Estimate HK$5,200-6,200

294 Qing Dynasty, Da Qing Bao Chao, 7th Year of Xianfeng (1857), 1000 cash, serial number ‘Bian’ prefix 291, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA2e), PMG 53 about uncirculated Estimate HK$5,200-6,200

296 Qing Dynasty, Da Qing Bao Chao, 7th Year of Xianfeng (1857), 1000 cash, serial number ‘Bian’ prefix 293, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA2e), PMG 53 about uncirculated Estimate HK$5,200-6,200

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BANKNOTES OF CHINA

297 Qing Dynasty, Da Qing Bao Chao, 1000 c a s h , 7 t h Ye a r o f X i a n f e n g ( 1 8 5 7 ) , b l u e and white, dragons in top field, five red chopmarks, white reverse with merchant chopmarks (Pick A2e) very fine Estimate HK$3,000-4,000

299 Qing Dynasty, Da Qing Bao Chao, 2000 cash, 5th Year of Xianfeng (1855), blue and white, dragons in top field, three red chopmarks, white reverse with merchant chopmarks (Pick A4c) good very fine Estimate HK$3,000-4,000

298 Qing Dynasty, Da Qing Bao Chao, 2000 cash, 9th Year of Xianfeng (1859), blue text on cream parchment like paper, red seal low centre (Pick A4), very fine Estimate HK$3,000-4,000

300 Qing Dynasty, Da Qing Bao Chao, 2000 cash, 7th Year of Xianfengc (1857), blue text on cream parchment like paper, red seal low centre (Pick A4), good very fine Estimate HK$4,000-6,000

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January 18, 2014 - Hong Kong

301 Qing Dynasty, Da Qing Bao Chao, 2000 cash, 7th Year of Xianfeng (1857), blue and white, dragons in top field, two red chopmarks, white reverse with merchant chopmarks (Pick A4e) very fine Estimate HK$3,000-4,000

303 Qing Dynasty, Da Qing Bao Chao, 10,000 cash, 8th Year of Xianfeng (1858), blue and white, dragons in top field, three red chopmarks, white reverse with merchant chopmarks (Pick A6c) very fine Estimate HK$18,000-20,000

302 Qing Dynasty, Da Qing Bao Chao, 5000 cash, 8th Year of Xianfeng (1858), blue and white, dragons in top field, three red chopmarks, white reverse with merchant chopmarks (Pick A5c) very fine Estimate HK$15,000-18,000

304 Qing Dynasty, Da Qing Bao Chao, 5000 cash, year 8, 1858, blue and red (Pick A5c), smalll sections missing top centre, slight staining, otherwise a good to fine example, Estimate HK$10,000-14,000

89

BANKNOTES OF CHINA

305 Qing Dynasty, Da Qing Bao Chao, 3 taels, 1853, 4th Year of Xianfeng (1854), blue and white with red chops in field (Pick A10), fine and rare Estimate HK$20,000-30,000

307 Qing Dynasty, Da Qing Bao Chao, 5 taels, year 7, 1857, blue and red, uniface, (Pick A11e), two small holes bottom centre, retaining clear print, a desirable very fine example Estimate HK$50,000-60,000

GENERAL BANK OF COMMUNICATIONS

306 Qing Dynasty, Da Qing Bao Chao, 3 taels, year 5, 1855, blue and red, (Pick A10c), several sections missing top centre, some discolouration and folds, otherwise very fine Estimate HK$25,000-30,000

308 General Bank of Communications, $5, 1 March 1909, serial number 076207, black, pale tan, green and orange, flags top centre, dragon at left and right, station, boat and locomotive below, reverse red and green value at right (Pick A15b), perforated CANCELLED in Chinese, good very fine and scarce Estimate HK$6,000-8,000

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January 18, 2014 - Hong Kong

IMPERIAL BANK

IMPERIAL CHINESE RAILWAYS

310 Imperial Chinese Railways, part issued $1, 2 January 1899, serial number 82784, blue and white, locomotive and fort at centre, reverse red and white, bridge (Pick A59), almost very fine and scarce Estimate HK$2,000-2,500

309 Imperial Bank of China, 5 mace, Peking, 14 November 1898, serial number 47000, blue and red and pale orange, red seal and dragons top centre, reverse as obverse but Chinese text (PickA 39a), VG and scarce Estimate HK$2,500-3,000

A SUPERB $5 WITH SERIAL NUMBER 0003

311 Imperial Chinese Railways, $5, 2 January 1899, serial number 0003, blue and pink-orange, locomotive and fort at centre, value at centre and at each corner, two manuscript signatures below, reverse red and white, locomotive on viaduct, boats and mountains, dragons around (Pick A60), in PCGS holder 30 (apparent) very fine, rust stains, minor ink erosion, very rare and a very low serial number Estimate HK$60,000-80,000

91

BANKNOTES OF CHINA

TA CHING GOVERNMENT BANK

AGRICULTURAL BANK

312 Ta Ching Government Bank, a part issued $1, Hankow, 1 June 1907, serial number G 80982, blue and brown, arms at centre, value at centre and at each corner, reverse green, yellow and violet, value at centre (Pick A66r), extremely fine and scarce Estimate HK$1,500-2,500

314 Agricultural Bank of the Four Provinces, 1 jiao (2), 1933, serial numbers P198551 and AL055485, vertical format, red, peasant at top, grey-green reverse. 2 different serial number types (Pick A84), almost very fine (2) Estimate HK$800-1,000

AGRICULTURAL AND INDUSTRIAL BANK OF CHINA 313 Ta Ching Government Bank, $1, Hankow, 1907, serial number 43978, blue and orange, coat of arms at top, flora border, reverse yellow and green, value at centre, ‘Hankow’ printed at bottom (Pick A66a), very good Estimate HK$800-1,000

315 Agricultural and Industrial Bank of China, 40 coppers, 1935, red serial number C 0153535, red and pale yellow, house at left, farmer ploughing at right, reverse red (Pick A-), almost very fine, scarce Estimate HK$4,000-4,500

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January 18, 2014 - Hong Kong

319 The Agricultural and Industrial Bank of China, 1 yuan, 1934, serial number D911151, red on multicolour, farmer ploughing with water buffalo at centre, (Pick A112b), some discolouration and folds, otherwise good to very good Estimate HK$500-800

316 Agricultural and Industrial Bank of China, 10 cents, 1 February 1927, red serial number A 5637149, mauve, bridge and lake at centre, reverse mauve, value (Pick A92), extremely fine, scarce Estimate HK$1,400-1,800

CHINA AND SOUTH SEA BANK

317 Agricultural and Industrial Bank of China, 1 jiao, Beijing, 1927, red serial A5637416, purple, bridge and lake at centre, purple reverse (Pick A94a), uncirculated Estimate HK$2,000-2,500

320 China and South Sea Bank Limited, 1 yuan, Shanghai, 1927, red serial number Z 565486, purple and pale yellow, three women top centre, 1 yuan coin at centre, value at each corner, reverse brown, pink and pale green, a Yuan Shih Kai dollar at centre (Pick A126a, Smith-Matravers C295-20a), in PMG holder 40 ‘Extremely fine EPQ,’, scarce Estimate HK$5,000-6,000

318 Agricultural and Industrial Bank of China, 1 yuan, Peking, 1927, serial number 0140476, brown and multicoloured, the Great Wall of China at centre, reverse brown (Pick A95), good very fine Estimate HK$3,000-3,500

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BANKNOTES OF CHINA

321 China and South Sea Bank Limited, $10, Shanghai, 1927, red serial number Z 297669, brown and pale orange, Chinese maiden at left and right, reverse brown and pale green, three women in field, value in green underprint at left and right (Pick A129a), an original very fine, rare Estimate HK$2,500-3,500

COMMERCIAL BANK OF CHINA

322 Commercial Bank of China, 10 taels, Shanghai, 15 January 1920, red serial number A 000784, purple and multicoloured, the God of Wealth at centre, reverse brown, seal and lions at centre, value at left and right, two printed signatures below (Pick A136a), an original extremely fine and very rare in this grade Estimate HK$10,000-14,000

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January 18, 2014 - Hong Kong

323 Commercial Bank of China, specimen $5, Shanghai, 1 January 1914, serial number C/A 000001-C/M 130000, black, pale blue, pale green and orange, seal flanked by a dragon top left and right, value left centre and at each corner, God of Wealth standing low right, signature of Marshall low centre, reverse similar to obverse but pale red, green,blue and yellow, Chinese text (Pick A113Bs variant), pencil ‘PROOF’ in top right margin, a Bradbury Wilkinson engraving, perforated CANCELLED, in PCGS holder 55, choice about new, extremely rare, attractive Estimate HK$25,000-30,000

324 Commercial Bank of China, specimen $10, Shanghai, 1 January 1914, no serial numbers, black, pale blue, pale green and orange and pink-red, seal flanked by a dragon top left and right, value left centre and at each corner, God of Wealth standing low right, large signature of Marshall low centre, reverse similar to obverse but pale green, blue and yellow, Chinese text (Pick A133Cs variant), pencil ‘PROOF’ in top margin, a Bradbury Wilkinson engraving, perforated CANCELLED,in PCGS holder 58, choice about new, PPQ, extremely rare, attractive Estimate HK$30,000-40,000

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BANKNOTES OF CHINA

IMPERIAL BANK OF CHINA

325 Imperial Bank of China, specimen $5, Shanghai, 16 February 1904, serial number C/A 000001-C/M 130000, black, pale blue, pale green and orange, seal flanked by a dragon top left and right, value left centre and at each corner, God of Wealth standing low right, large signature of Maitland low centre, reverse similar to obverse but pale red, green,blue and yellow, Chinese text (Pick A55bs variant), a Bradbury Wilkinson engraving, perforated SPECIMEN, in PCGS holder 55, choice about new, PPQ, and extremely rare, attractive Estimate HK$35,000-45,000

326 Imperial Bank of China, specimen $10, Shanghai, 16 February 1904, serial number E/A 00001-E/H 80000, black, pale blue, pale green and orange and pink-red, seal flanked by a dragon top left and right, value left centre and at each corner, God of Wealth standing low right, large signature of Maitland low centre, reverse similar to obverse but pale green, blue and yellow, Chinese text (Pick A55Abs variant), date ‘17 Feb 1905’ in top margin, a Bradbury Wilkinson engraving, perforated SPECIMEN, in PCGS holder 55, choice about new, PPQ, extremely rare, attractive Estimate HK$40,000-60,000

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January 18, 2014 - Hong Kong

327 Imperial Bank of China, specimen $50, Shanghai, 16 February 1904, serial number G/A 00001-G/A 10000, black, pale blue, pale green and orange and lilac, seal flanked by a dragon top left and right, value left centre and at each corner, God of Wealth standing low right, large signature of Maitland low centre, reverse similar to obverse but black, pale green, blue and yellow, Chinese text (Pick A55Abs variant for similar, the $50 not recorded in Pick), a Bradbury Wilkinson engraving, perforated SPECIMEN, in PCGS holder 58, choice about new, PPQ, extremely rare, attractive Estimate HK$40,000-50,000

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BANKNOTES OF CHINA

SIN CHUN BANK OF CHINA

328 Sin Chun Bank of China, part issued $1, Shanghai, ND (1907), pink, black and pale green, Jui Gung Chan at right (the Minister of Commerce), bank building at left, seal and dragons top centre, reverse red, green and pale orange, seal and dragons at top (Pick unlisted), extremely fine, red chops in field , scarce

330 Sin Chun Bank of China, part issued $5, Shanghai, ND (1907), pink, black and pale green, Jui Gung Chan at right (the Minister of Commerce), bank building at left, seal and dragons top centre, reverse red, green and pale orange, seal and dragons at top (Pick unlisted), extremely fine, red chops in field , scarce Estimate HK$18,000-24,000

Estimate HK$15,000-20,000

329 Sin Chun Bank of China, $1, unissued, Shanghai, ND (1907), pink and green, twin dragons on top, Jui Gun Jan (Minister of Commerce) at right, bank building at left, reverse red with twin dragons on top (Pick not listed), uncirculated Estimate HK$8,000-10,000

331 Sin Chun Bank of China, $5, unissued, Shanghai, ND (1907), pink and blue, twin dragons on top, Jui Gun Jan (Minister of Commerce) at right, bank building at left, reverse red with twin dragons on top (Pick not listed), extremely fine Estimate HK$10,000-12,000

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January 18, 2014 - Hong Kong 334 Commercial Bank of China, $1, Shanghai, 1929, red prefix K, green and black, $5, Shanghai 1920, red prefix K, purple, $5, Shanghai, 1932, red prefix CB/W, purple, $10, Shanghai, January 1926, brown, all the God of Wealth in field (Pick 11a,3,14a,10), generally VG to fine and a scarce group (4) Estimate HK$1,800-2,400

332 Sin Chun Bank of China, $10, unissued, Shanghai, ND (1907), purple and blue, twin dragons on top, Jui Gun Jan (Minister of Commerce) at right, bank building at left, reverse red with twin dragons on top (Pick not listed), almost extremely fine and quite fresh Estimate HK$10,000-12,000 335 Commercial Bank of China, $1, Shanghai, 15 January 1929, serial number B 213236, black and multicoloured, the God of Wealth at centre, reverse green, seal and lions at centre, value at left and right (Pick 12), an original extremely fine and rare in this grade Estimate HK$8,000-10,000

COMMERCIAL BANK OF CHINA

BANK OF CHINA

333 Commercial Bank of China, an obverse and reverse specimen $1, Shanghai, 1920, red zero serial numbers and control number ‘00027’, black and green, God of Wealth at centre, reverse green with seal and lions, uniface obverse and reverse, (Pick 1s), extremely fine, rare Estimate HK$3,000-4,000

336 Bank of China, $1, Yunnan, 1 June 1912, red serial number X 779990, green, white and red and violet, Emperor Huang-Ti at left, locomotive and hillside village at right, reverse green and white, canal at centre (Pick 25s), some annotations on reverse, fine and scarce Estimate HK$2,000-3,000

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BANKNOTES OF CHINA

337 Bank of China, $1, Kwantung, 1 June 1912, red serial number X 234436, green, white and red and violet, Emperor Huang-Ti at left, locomotive and hillside village at right, reverse green and white, canal at centre (Pick 25k1), good fine and scarce Estimate HK$6,000-8,000

338 Bank of China, $5, Yunnan, 1912, black and white, serial number E423414, Huang-Ti at left, gazebo at left, denomination at centre, reverse brown, bridge and river scene at centre, ‘Yunnan’ printed in black on bottom (Pick 26r), fine Estimate HK$2,000-3,000

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January 18, 2014 - Hong Kong

339 Bank of China, $5, Yunnan, 1 June 1912, red serial number E 595952, black, green, white and red and brown, Emperor Huang-Ti at left, pagoda at right, reverse brown and white, canal lock at centre (Pick 26r), an original and fresh good very fine thus rare Estimate HK$6,000-8,000

340 Bank of China, $10, Shanghai, 1912, blue and white, serial number F074136, Huang-Ti at left, gazebo at left, denomination at centre, reverse blue, city walls and river scene at centre, ‘Shanghai’ printed in black on bottom (Pick 27s), good fine, some rust marks on reverse, very rare Estimate HK$30,000-40,000

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BANKNOTES OF CHINA

341 Bank of China, specimen $1, 1 June 1913, blue serial number 00000, no place of issue, pink, black and green, Emperor Huang-Ti at left, train, houses and hill at right, reverse reverse red-orange, canal flanked by avenue of trees at centre, value at left and right and at each corner (Pick 30s, Smith-Matravers C294-42s), in PMG holder 66 ‘Gem uncirculated EPQ’, rare Estimate HK$6,000-8,000

342 Bank of China, 5 yuan, 1914, serial number Q287407, black on multicolour underprint, portrait Yuan Shih-kai centre, reverse brown (Pick 34), some folding and discolouration, otherwise fine to very fine Estimate HK$20,000-25,000

343 Bank of China, 20 cents, Manchuria, 1914, red serial number H 0748144, black and pale green, the Great Wall of China at centre in oval frame, reverse orange and pale blue (Pick 36c), good very fine, scarce Estimate HK$1,800-2,000

344 Bank of China, specimen $10, Tientsin, 1917, red zero serial numbers, black and multicoloured, building at right (Pick 40s), in PMG holder 66, gem uncirculated, EPQ, rare Estimate HK$15,000-18,000

345 Bank of China, 20 cents, 1917, black and very pale blue, Great Wall at centre, Manchuria issue, also 10 cents, 1918, red-brown and blue-grey, Harbin issue (Pick 44f,46), VG to fine and scarce (2) Estimate HK$1,500-2,000

346 Bank of China, 50 cents, 1917, blue, pagoda and bridge at centre in oval frame, reverse orange-brown, KALGAN in Cyrillic low centre (Pick 45c), VG to fine, scarce Estimate HK$2,500-3,500

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January 18, 2014 - Hong Kong 350 Bank of China, a selection comprising 1 yuan, Shanghai, 5 yuan Shanghai, 5 yuan, Tientsin overprint on Peking, 5 yuan, Tientsin, 10 yuan, Fukien and 10 yuan, Shanghai, all 1918 except the last note which is dated 1924, also 10 and 20 cents, 1925, Shanghai (Pick 51l,52r,p,k,53f,62,63a,64a), generally VG, last two good very fine (8) Estimate HK$1,000-1,200

347 Bank of China, 10 cents (2), Harbin with Shanghai overprint, black and white and multicoloured, the Temple of Heaven at right, reverse brown (Pick 48b), very fine (2) Estimate HK$2,000-3,000

351 Bank of China, 1 yuan, Tientsin, 1918, brown and multicoloured, the Temple of Heaven at centre , reverse brown, value, also 1 yuan, 1918, Shanghai, olive and multicoloured, reverse blue (Pick 51q,m), extremely fine (2) Estimate HK$1,200-1,600

348 Bank of China, obverse and reverse uniface specimen 1 yuan, Shanghai, 1918, red zero serial numbers, brown, Temple of Heaven at centre, ‘specimen’ overprinted in large, red Chinese characters, blue vignette on reverse, uniface obverse and reverse (Pick 51ms), uncirculated (2) Estimate HK$1,200-1,500

352 Bank of China, 5 yuan, 1919, ND, no serial number orange, pavillion at cente, reverse purple on pale orange, no signatures or place name, (Pick 59), faint black stamp at right, small smudge top left, otherwise fine to very fine Estimate HK$1,200-1,600 349 Bank of China, 1 yuan, Shantung with black TSINGTAU overprint, 1918, orangeand multicoloured, the Temple of Heaven at centre , reverse orange, also 5 yuan, Tientsin, 1918, red and multicoloured, pagoda on hillside, reverse red (Pick 51o,52p), good very fine (2) Estimate HK$1,200-1,500

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BANKNOTES OF CHINA 355 Bank of China, 5 yuan (7), Shanghai, 1926, black and multicoloured, pagoda and hillside at centre, reverse green (Pick 66a), generally VG, one example extremely fine (7) Estimate HK$1,600-1,800

353 Bank of China, 10, 20 and 50 cents, Shanghai, 1925, all red serial numbers (Pick 63,64,65), very fine (3) Estimate HK$1,500-1,800

354 Bank of China, obverse and reverse uniface specimen 1 jiao and 2 jiao, 1925, red zero serial numbers, brown and blue respectively, ‘specimen’ overprinted in Chinese characters on both (Pick 63s and 64s), uniface obverse and reverse, uncirculated (4) Estimate HK$2,500-2,800

356 Bank of China, obverse and reverse uniface specimen 5 yuan, Shanghai, 1926, red zero serial numbers, black on multicoloured underprint, Temple and Peking Pagoda at centre, ‘specimen’ overprinted in large, black Chinese characters, reverse green with bank building at centre, uniface obverse and reverse (Pick 66as), extremely fine (2) Estimate HK$1,200-1,500

357 Bank of China, 1 yuan, 1930, Amoy, green, the Temple of Heaven at centre, 5 yuan, Amoy, 1930, purple, pagoda on hillside, 10 yuan, Amoy, 1930, orange, house and another 10 yuan, Fukien, 1918 (Pick 67.68,69,53f), fine, extremely fine, good very fine and VG (4) Estimate HK$800-1,000

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January 18, 2014 - Hong Kong

363 Bank of China, a miscellaneous group comprising Sun Yat Sen portrait 5 yuan , 1940, 10 yuan (4), 1940, 50 yuan (2), Chungking, 1940, and 100 yuan (4), 1940, three Chungking (Pick 84,85a,b,87d,88c), generally extremely fine or better (11) Estimate HK$800-1,000

358 Bank of China, $10 (5), Amoy, 1930, blue serial numbers, red-orange and pale blue, house and path at centre, reverse red-orange (Pick 69), good very fine (5) Estimate HK$2,000-2,500 359 Bank of China, a miscellaneous group comprising 1 yuan (2), 1935, 1 yuan (2), 1936, 5 yuan (2), 1931 and 1935, Sun Yat Sen portrait 1 yuan (2), 1937, 5 yuan (4), 1937, 10 yuan (6), 1937 (Pick 74a ff), generally extremely fine or better (18) Estimate HK$1,000-1,200 360 Bank of China, 5 yuan (2), 1935, black, Sun Yat sen at left, 1,5 and 10 yuan, Shantung, 1934/,1935 and 1,5 and 10 yuan, Tientsin, 1935,1931, and 1934 respectively (Pick 77a,b,71a,72a,72A,73,75,76), generally good very fine (8) Estimate HK$1,000-1,200

364 Bank of China, 25 yuan, 1940, red serial number J 676361, green and multicoloured, Sun Yat Sen at left, reverse green, the Temple of Heaven at right (Pick 86), good extremely fine Estimate HK$1,200-1,800

361 Bank of China, specimen 10 yuan, 1937, green and pale pink, Sun Yat Sen at left (Pick 81s), perforated CANCELLED, good extremely fine and scarce Estimate HK$1,000-1,400 362 Bank of China, a miscellaneous group comprising 10 and 10 cents, 1940, 5,10,25,50,100 and 500 yuan, 1940, Sun Yat Sen at left, all 1940, the 500 yuan 1942 (Pick 82,83,84,85a,86,87c,88c,99), generally extremely fine or better, the 500 yuan almost very fine (8) Estimate HK$1,500-2,000

365 Bank of China, specimen uniface 20 cents, 1941, black serial number A 000000, red and pale orange-yellow, the Temple of Heaven top centre (Pick 90s), black SPECIMEN overstamp, uncirculated and scarce Estimate HK$600-800

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BANKNOTES OF CHINA

366 Bank of China, 5 yuan, 1941, red serial number B639714, blue and multicoloured, building at right, reverse blue (Pick 93), uncirculated, scarce Estimate HK$2,500-3,500

367 Bank of China, 10 yuan, 1941, blue serial number A 975375, red and multicoloured, Sun Yat Sen at centre, reverse red, the Temple of Heaven at centre (Pick 95, Smith-Matravers C294-263), in PMG holder 66, gem uncirculated, EPQ Estimate HK$2,000-2,400 368 Bank of China, a miscellaneous group comprising 10 yuan (3), 1940 ‘SHENSI PROVINCE’ ,1941 (2),red, 50 yuan (2), 1942, green, 1 yuan , 1941, blue (Pick 85,95,98,74a ff), last VG otherwise generally good very fine (6) Estimate HK$1,200-1,400

369 Bank of China, 500 yuan, 1942, red serial number 933798, olive green and multicoloured, Sun Yat Sen at left (Pick 99), extremely fine and scarce Estimate HK$3,000-4,000

370 Bank of China, 500 yuan, 1942, red serial number 934822, green and multicoloured, Sun Yat Sen at kleft, reverse green, the Temple of Heaven at right (Pick 99), extremely fine Estimate HK$3,500-4,000

371 Bank of China, lot of 5 notes, mainly fractionals, 1 jiao Harbin 1917, 5 fen Harbin 1918, 1 jiao Shanghai/Harbin 1918, 2 jiao Shanghai 1925 and 1 yuan Shanghai 1918, very good - good very fine (5) Estimate HK$1,200-1,500

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January 18, 2014 - Hong Kong 375 Bank of Communications, 1 yuan, purple, 5 yuan (3), olive, 10 yuan (8), red 50 yuan (2), orange and 100 yuan, purple, all Shanghai, 1914 (Pick 116m,117n118,o,p,q,119c,120c), generally good very fine or better (15) Estimate HK$1,400-1,800

BANK OF COMMUNICATIONS

372 Bank of Communications, 1 choh, 1914, Wei Hai Wei, red-brown and pale green, also specimen 2 choh, 1914, serial number in red 000713, blue (Pick 113g,114i), extremely fine and scarce (2) Estimate HK$1,400-1,800 376 Bank of Communications, a selection comprising 1 yuan, Shanghai, 1914, 5, Tientsin, and 10 yuan, Shanghai, 1914, 10 yuan, Tientsin, 1914, 100 yuan, Shanghai, 1914, 20 cents, Tsingtau, 1927, (Pick 116n,117s,118p,118t,120c,143e), generally good very fine or better, last note VG (6) Estimate HK$1,200-1,600

373 Bank of Communications, specimen 2 jiao, 1914, red serial number ‘000000’, blue-grey, green reverse (Pick 114j), about uncirculated Estimate HK$1,500-1,800

377 Bank of Communications, specimen 5 yuan, 1914, red zero serial numbers, dark olive-green on multicolour underprint, railway train at centre, value at left and right and in each corner, reverse bank building at centre (Pick 117s, S/M C126), PMG 65, gem uncirculated EPQ, interesting due to extra paper on top margin Estimate HK$1,200-1,500

374 Bank of Communications, 2 jiao, Kalgan, 1914, blue-black and blue-grey on pink underprint, value at all four corners, floral design, green and brown on reverse, English text, ‘Kalgan’ overprinted in black (Pick 114b), very fine Estimate HK$800-1,000

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BANKNOTES OF CHINA 381 Bank of Communications, 5 yuan (5), Shanghai, 1914, consecutive run, brown and multicoloured, locomotive at centre, also Bank of China, 10 yuan (3), Tientsin, 1934, and 5 yuan (2), Tientsin 1931 (Pick 117n,72A,70b), first group uncirculated, remainder very fine or better (10) Estimate HK$1,400-1,800

378 Bank of Communications, specimen 5 yuan, 1914, blue zero serial numbers, red on multicolour underprint, railway train at centre, value at left and right and in each corner, reverse bank building at centre (Pick 117s, S/M C126), PMG 66, gem uncirculated EPQ, interesting due to extra paper on top margin Estimate HK$1,200-1,500 382 Bank of Communications, 5 yuan (2) , 1914, Shanghai, Shantung, 10 yuan (2), Shanghai/Kansu and Tientsin, also 10 yuan, Amoy, all 1914 (Pick 117p,s,118o,118a), extremely fine, the Amoy poor and scarce (5) Estimate HK$1,200-1,600

379 Bank of Communications, obverse and reverse uniface specimen 5 yuan and 10 yuan, 1914, zero serial numbers brown and red respectively (Pick 117s and 118s), about uncirculated (4) Estimate HK$2,000-2,200

380 Bank of Communications, 5 yuan (2), Chungking, 1914, 10 yuan, 50 yuan (2) and 100 yuan, all 1914, Chungking issue (Pick 117e,118f,119a,120a), mixed grades (6) Estimate HK$1,200-1,600

383 Bank of Communications, lot of 14 notes, 1914 1935 all different in terms of type, denominations, place of issue, etc. very good, uncirculated (14) Estimate HK$800-1,000

384 Bank of Communications, 1 yuan, Harbin, 1 July 1919, red serial number 0443406, pale blue, village and hill in oval frame at centre, reverse purple and green, value at centre (Pick 125a), good extremely fine and scarce Estimate HK$3,500-4,500

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385 Bank of Communications, specimen 10 yuan, Fengtien, 1923, red serial number ‘000095’, purple on multicoloured underprint, train at centre, ‘specimen’ overprinted in black in English and Chinese, reverse purple with bank building at centre, (Pick 133s), about uncirculated, rare type Estimate HK$2,500-3,000 387 Bank of Communications, obverse and reverse uniface specimen 1 jiao, Tsingtau, 1927, red serial number ‘A000000’, blue-grey, train at right, ship at left, ‘specimen’ overprinted in red, reverse lilac-brown, uniface obverse and reverse, (Pick 141bs), about uncirculated (2) Estimate HK$1,500-1,800

386 Bank of Communications, 10 cents (3), Shanghai, Tsingtau and Wei Hai Wei, 1925, green, steamship at centre, 10 cents, Shanghai, 1927 and 20 cents, 1927, Shanghai (Pick 138b,c,d,142a,143b), first very fine, balance fine, 10 cents 1927 extremely fine, last note poor (5) Estimate HK$1,400-1,800 388 Bank of Communications, 1 yuan, Shantung, 1927, orange, 5 yuan, Shantung, 1927, purple and 10 yuan, Shantung, 1927, green, black TSINGTAU overprint at left and right (Pick 145Bf,146Ce,147Be), good very fine, fine and almost very fine(3) Estimate HK$1,800-2,200

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BANKNOTES OF CHINA

389 Bank of Communications, specimen 1 yuan, orange, specimen 5 yuan, purple, 10 yuan, green, all Shantung, 1 November 1927, first two locomotive at centre, 10 yuan tram and houses (Pick 145Ba, 146Ca,147Ba), perforated, uncirculated and scarce (3) Estimate HK$4,000-5,000

390 Bank of Communications, 1 yuan, Shantung, 1927, orange, 5 yuan (2), Shantung, 1927, purple, black CHEFOO overprint at left and right on one example only (Pick 145Bb,146B,Cb), good very fine, very fine and almost fine(3) Estimate HK$1,400-1,800

391 Bank of Communications, 1,5 and 10 yuan, Shanghai, 1927, blue, brown and red respectively (Pick 145Ac,146B,147A), extremely fine, very fine and fine (3) Estimate HK$1,200-1,600

392 Bank of Communications, a selection comprising 1 yuan, Shanghai, 1927, blue, specimen and issued 1 yuan, Shantung, 1927, orange and a 1 yuan, 1927, orange with LUNGKOW overprint (Pick 145Ac,145Ba,d,s), generally good extremely fine, last note good very fine, scarce (4) Estimate HK$1,400-1,800

393 Bank of Communications, 1 yuan, Shantung, 1927, orange, 5 yuan, Shantung, 1927, purple and 10 yuan, Shantung, 1927, green, all small black TSINAN overprint at left and rigt (Pick 145Be,146Cd,147Bd), fine to very fine (3) Estimate HK$1,800-2,200

394 Bank of Communications, 1 yuan, Shantung, 1927, orange, 5 yuan, Shantung, 1927, purple and 10 yuan, Shantung, 1927, green (Pick 145Ba, 146Ca,147Ba), extremely fine, good fine and VG (3) Estimate HK$1,600-2,200

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398 Bank of Communications, 10, Tientsin, 1927 uniface specimen of the obverse, serial number ‘000000’, brown and green and pink, Maritime Customs building at centre, hole punch cancelled with ‘Specimen’ overprinted in black Chinese characters (P 147Cs), good extremely fine Estimate HK$1,200-1,500

395 Bank of Communications, 1 yuan, Tientsin, 1927, green, 5 yuan, Tientsin, 1927, orange and 10 yuan, Tientsin, 1927, brown (Pick 145C,145D,147Ca), good very fine, good fine and fine (3) Estimate HK$1,500-1,800

396 Bank of Communications, uniface obverse and reverse specimen 5 yuan, 1927, serial number 000000, orange on multicolour underprint, steam train at centre, black “specimen” stamp right and left and hole punched in both English and Chinese, (Pick 146D), crisp, extremely fine, an interesting specimen, Estimate HK$1,000-1,500

399 Bank of Communications, 10 yuan, 1927, serial number 000000, brown on multicolour underprint, town scene at centre, “specimen” punched right and left, red stamped specimen right and left, hole punched at bottom (Pick 147C), some discolouration but otherwise a fine to very fine specimen Estimate HK$2,500-3,000

397 Bank of Communications, a selection comprising 5 yuan, Shanghai, 1927, 5 yuan, Tientsin, 1927, 1 yuan, Shanghai, 1931, 1 and 5 yuan, 1935, 5 yuan (3), 10 yuan (3), 1941 (Pick 146B,146D,148b,153 ,154,156,158,159a,f), generally good very fine or better (11) Estimate HK$1,200-1,400

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BANKNOTES OF CHINA

400 Bank of Communications, obverse specimen 1 yuan, Shanghai, 1931, black serial number ‘S000336A’, red, train at centre, ‘specimen’ overprinted in black, uniface only also two uniface reverse specimen of the 1927 1 yuan, printed for Shanghai (blue) and Fengtien (purple and pink) (Pick 148s), (Pick 145 and Pick 145As for reference), about uncirculated (3) Estimate HK$1,000-1,200

401 Bank of Communications, 1 yuan, 1935 (1931), red, flying horse at left, additional text on reverse ISSUED BY BANK OF COMMUNICATIONS NOV.1935 in left field, also 10 yuan, 1935 (19310, green, nine additional Chinese characters in field top centre (Pick 149,151), good fine, scarce (2) Estimate HK$1,400-1,800 402 Bank of Communications, a lot comprising 1 yuan (4), 5 yuan (3) and 10 yuan (3), all 1935, 5 yuan (2), 10 yuan (2), 1941 (Pick 153,154,155,157a,159a), generally uncirculated (14) Estimate HK$700-900

404 Bank of Communications, uncut sheet of 6 specimen/proof 10 yuan, 1941, no serial number, brown, train at right, reverse brown, (Pick 159 for type), damage at bottom right, folds, otherwise about uncirculated Estimate HK$4,000-5,000 405 Bank of Communications, 10 yuan (4), 1941, brown, also a selection of Bank of Communications and Central Bank of China issues (28) Pick 159a,c,d,ff), mixed grades (32) Estimate HK$1,200-1,800

403 Bank of Communications, 5,10,25,50,100 and 500 yuan, 1941, (Pick 156,158,160,161b,162b,163a), generally good very fine, the 500 yuan almost fine and rare (6) Estimate HK$3,000-4,000

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January 18, 2014 - Hong Kong

CENTRAL BANK OF CHINA 410 Central Bank of China, 20 coppers, 1928, $1 (2),Swatow,1923, green, Sun Yat Sen at centre and $10 (10), 1923, brown a n d m u l t i c o l o u r e d , S u n Ya t S e n a t c e n t r e (Pick 168b,171f,176a,e), generally very fine (13) Estimate HK$500-700 406 Bank of Communications, a selection comprising 25 yuan, Shanghai, 1941, green, zeppelin at centre, 50 yuan, 1941, 100 yuan, 1941 and 100 yuan, 1942, brown, locomotive at left, ship at right (Pick 160,161b,162b,165), first VG and rare, balance good very fine, last good extremely fine and scarce (4) Estimate HK$1,400-1,800 411 Central Bank of China, 5 yuan, 1923, Kwangchow, red prefix B, brown and multicoloured, Sun Yat Sen at centre, black circular overstamps in each quadrant ‘Kwang-chung-Tsung-Hang’, reverse blue (Pick 173d), good fine and a rare type Estimate HK$1,800-2,400

407 Bank of Communications, 500 yuan, 1941, red serial number 998464, blue and multicoloured, dock scene at centre, reverse blue and white, industrial scene (Pick 163a), fine and scarce Estimate HK$2,000-2,500 408 Bank of Communications, 50 yuan (2), 1942, purple, locomotive, also 100 yuan (3), brown, locomotive at left, steamship at right (Pick 164a,165), generally about very fine (5) Estimate HK$1,000-1,200 409 Bank of Communications, a bank draft for $50000000, red serial number 085066 annotations, very fine Estimate HK$500-600

412 Central Bank of China, $1, Fukien, 1926, red prefix B, blue and multicoloured, Sun Yat Sen at left (Pick 182b), extremely fine, scarce Estimate HK$1,600-2,200

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BANKNOTES OF CHINA

413 Central Bank of China, $1, Hankow, 1926, red prefix A, blue and multicoloured, Sun Yat Sen at left, also 50 cents, 1927, orange and white, the Temple of Heaven at centre (Pick 182c,192), fine, scarce (2) Estimate HK$1,500-2,000

414 Central Bank of China, 1 yuan, 1926, red serial number C361160, lilac-brown on yellow, junk at left and steamship at right, reverse blue with large red official stamp (Pick 185a), very fine, high grade for type thus scarce Estimate HK$2,000-2,500

416 Central Bank of China, a miscellaneous group including 10 cents (3), ND (1924), $1 (3),$10 (11), Shanghai, 1928, $50, Chungking,1928 (Pick 193a,b,197e,198b) generally very fine or better (18) Estimate HK$1,000-1,500

417 Central Bank of China, 2 jiao specimen, 1924, serial number H000028, black on pink, pagoda at right, hole punch cancelled, ‘Specimen’ overprint in Chinese characters, reverse green and purple, value in vignette (Pick 194s), uncirculated with a couple of very tiny pinholes Estimate HK$1,000-1,200 418 Central Bank of China, a group comprising 20 cents, 1924, 50 yuan (2), Shanghai, 1928, orange, Sun Yat Sen at centre on reverse, also 100 yuan (5), Shanghai, 1928, olive, Sun Yat Sen at centre on reverse (Pick 194var,199e,199c,e), generally very fine or better (8) Estimate HK$1,200-1,600

415 Central Bank of China, $5 (2), 1925, serial numbers V122978A and V833191, orange, Sun Yat Sen at right, Hankow printed in black Chinese characters right and left borders, reverse green, value and bank title within wreath (Pick 183c), very good (2) Estimate HK$1,000-1,500

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January 18, 2014 - Hong Kong

422 Central Bank of China, specimen 50 yuan, Shanghai, 1928, blue zero serial numbers ‘Specimen’ overprinted in black Chinese characters, orange obverse, blue-grey reverse with Sun Yat Sen (Pick 198s), uncirculated Estimate HK$1,500-1,800

419 Central Bank of China, specimen 1, 5 and 10 yuan, Shanghai, 1928, red zero serial numbers, ‘Specimen’ overprinted in black Chinese characters, green, brown and blue respectively, Sun Yat Sen on reverse (Pick 195s, 196s and 197s), uncirculated (Pick 195s, 196s and 197s) mounting marks on the 5 yuan, extremely fine (3) Estimate HK$1,500-1,800

423 Central Bank of China, specimen 100 yuan, Shanghai, 1928, red zero serial numbers ‘Specimen’ overprinted in black Chinese characters, brown obverse, purple reverse with Sun Yat Sen (Pick 199s), uncirculated Estimate HK$1,800-2,000

420 Central Bank of China, $5, Shanghai, 1928, blue prefix SV, green and multicoloured, signature 8 (Pick 196d), very fine and a scarce type Estimate HK$1,400-1,800 421 Central Bank of China, a group comprising 50 yuan (2), Shanghai, 1928,orange, Sun Yat Sen at centre on reverse, also 100 yuan (2), Shanghai, 1928, olive, Sun Yat Sen at centre on reverse (Pick 198c,199f), generally very fine or better (4) Estimate HK$700-900

424 Central Bank of China, specimen $5, Shanghai, 1930, red zero serial numbers, green and multicoloured, Sun Yat Sen at centre, reverse green, temple at centre, red seal at left and right (Pick 200s3), perforated, red SPECIMEN overprint, uncirculated, scarce Estimate HK$1,000-1,200

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BANKNOTES OF CHINA

425 Central Bank of China, specimen $5, Shanghai, 1930, red zero serial numbers, green and multicoloured, Sun Yat Sen at centre, reverse green, temple at centre, red seal at left and right (Pick 200s3), perforated, red SPECIMEN overprint, uncirculated, scarce Estimate HK$1,000-1,200

426 Central Bank of China, 10,20 and 25 cents, ND (1931), (Pick 202,203,204), uncirculated (3) Estimate HK$800-1,000

427 Central Bank of China, 10, 20 and 25 cents, ND (1931), also 50 cents, mauve, the Temple of Confucius at left (Pick 202,203,204,205), uncirculated (4) Estimate HK$1,000-1,400

428 Central Bank of China, 1, 2 and 5 jiao, 1943 specimen 1 jiao and 5 jiao, 1931, red zero serial numbers, ‘Specimen’ overprinted in Chinese characters, green and purple respectively, uniface obverse and reverse (Pick J1s1,2s1,202s and 205s), about uncirculated, the 1 jiao with rust marks (4) Estimate HK$1,500-1,800

429 Central Bank of China, 1 yuan, Shanghai, 1934, prefix B, red and pale green, farmer and oxen ploughing at centre (Pick 205Aa), VG and scarce Estimate HK$800-1,200

430 Central Bank of China, specimen 1 yuan, 1936, red zero serial numbers, ‘Specimen’ overprinted in blue Chinese characters, red and black with Pai Fang at right, uniface obverse only,also a uniface obverse and reverse specimen 5 yuan, 1930, green and white, Sun Yat Sen at centre, reverse green with Sun Yat Sen Mausoleum at centre (Pick 210s), (Pick 200s), about uncirculated (3) Estimate HK$1,800-2,000

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431 Central Bank of China, 1 yuan (2), 1936, serial number A131285G, J39765620, 10 yuan (3), 1942 (2), 1941 (1), serial number AE998615, BA394554, BA308695, 20 yuan, 1942, serial number F875562 (Pick 211, 238, 247, 248), mixed grade group, ranging from good to fine (6) Estimate HK$800-1,000

435 Central Bank of China, ‘Tibetan overprints’, 5 yuan, 1936, green and 10 yuan (2), 1936, blue, all sun Yat Sen at left and red Tibetan script on obverse and black Tibetan script on reverse (Pick 217d,218f), one 10 yuan very fine, balance extremely fine or better (3) Estimate HK$1,800-2,200

432 Central Bank of China, a group comprising 1,5,10,50 and 100 yuan, 1936, all Sun Yat Sen at left (Pick 216a,217c,218d,219a,220a), uncirculated (5) Estimate HK$1,000-1,200 433 Central Bank of China, a group comprising 1,5,10,50 and 100 yuan, 1936, all Sun Yat Sen at left (Pick 216c,217a,218d,219a,220a), uncirculated (5) Estimate HK$1,000-1,200

436 Central Bank of China, 5 yuan, 1937, red serial number Q 845848, green and pale pink, Sun Yat Sen at right, urn at left, reverse green, men and carts (Pick 222), uncirculated and scarce Estimate HK$1,200-1,400

434 Central Bank of China, 5 yuan, 10 yuan, 1936 with the Tibetan overprint, green and blue respectively, Sun Ya Sen on obverse, Forbidden City on reverse (Pick 217d and 218f) very fine (2) Estimate HK$800-1,000

437 Central Bank of China, 10 yuan, 1937, red serial number B 361584, black, green and multicoloured, Sun Yat Sen at left, urn at right, reverse dark green, men and carts (Pick 223a), uncirculated and scarce Estimate HK$1,200-1,400

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BANKNOTES OF CHINA 438 Central Bank of China, 1 cent (3), 5 cents (3), 1 yuan (8), 1936, 5 yuan, (3), 1930, 5 yuan (6), 1936, 10 yuan, 1941, 10 yuan (7), 1936, 50 yuan, 1936, (Pick 224 ff), uncirculated (32) Estimate HK$1,000-1,200 439 Central Bank of China, 1 cent, 5 cents (2),10 and 20 cents, 2,5 and 10 yuan, 1941, also a 50 yuan, Chungking, 1940, mostly Sun Yat Sen portraits at right (Pick 224ff, 229b), uncirculated, last note good very fine (9) Estimate HK$500-700

442 Central Bank of China, lot of 4 notes 1940’s, mostly from the ‘Pai Fang’ series. Contains 500 yuan 1944, 1000 yuan 1944 (3 different), very good to almost very fne (4) Estimate HK$800-1,000

440 Central Bank of China, 20 cents, 2 and 5 yuan, 1941, 5000 yuan and 10000 yuan (2), all Sun Yat Sen portrait (Pick 227,230,234a,309,314,320c), generally good extremely fine (6) Estimate HK$1,000-1,200

443 Central Bank of China, 10 yuan, 1940, serial number D448812H/D448822H, mismatched serial numbers, blue gray on multicolour underprint, (Pick 228), in PMG holder 64, choice uncirculated Estimate HK$1,000-3,000 444 Central Bank of China, a group of notes comprising 2 yuan, 5 yuan (3), 1941, 500 yuan (2), 1942,1944 ,1000 yuan (2), 2000 yuan, all 1942 and 5000 yuan (2), 1947, also 2000 yuan, 1946 and 10000 yuan, 1947 (Pick 230ff), generally extremely fine, several better (13) Estimate HK$1,000-1,400

441 Central Bank of China, 5 yuan, 50 yuan (3), all different signatures/place of issue (1930 series) very good to uncirculated, the 5 yuan a scarce type note (4) Estimate HK$800-1,000

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445 Central Bank of China, 5 yuan, 1941, red prefix A/V, green and pale pink and yellow, Sun Yat Sen at left, also 10 yuan, red prefix C/L, black and multicoloured, Sun Yat Sen at left (Pick 233,237d), uncirculated and scarce (2) Estimate HK$1,600-2,000 446 The Central Bank of China, 10 yuan (2), 1941, serial number FG787995, JS66763, 20 yuan (4), 1941, serial number BS511712, DW392114, DW392195, GG492667, 100 yuan (2), 1941, serial number DH367879, GU714274, 500 yuan (3), 1944, serial number B/Q074283, B/Z400358, C/D986819 (Pick 239, 240, 243, 267), all fresh and crisp and about uncirculated (11) Estimate HK$600-800

449 Central Bank of China, specimen 100 yuan (2), 1941, obverse and reverse uniface specimen 500 yuan, 1945, red serial number A 000000, black and pale green and another example with colour tint missing, both Sun Yat Sen at left, reverse purple, value (Pick 243bs), good extremely fine and scarce (2) Estimate HK$1,500-2,000 450 Central Bank of China, 5 yuan, 1942, 10 yuan (3), 1942, 50 yuan, 1944, 100 yuan, 1944, 500 yuan (2), 1944, all Sun Yat Sen portrait (Pick 244a,245b,c,255,256,264), generally uncirculated (8) Estimate HK$1,000-1,200

451 Central Bank of China, 100 yuan, 1942, serial numbers CF182643, S002152 red on light tan, reverse green, a pleasing pair of notes (Pick 250), crisp, fresh, fine to extremely fine (2) Estimate HK$3,200-3,500

447 Central Bank of China, specimen 10 yuan, 1941, red serial number 1234, blue and white, Sun Yat Sen at left, reverse green, value, also an reverse uniface specimen of the same type (Pick 239s), good extremely fine and scarce (2) Estimate HK$1,500-2,000

448 Central Bank of China, 100 yuan (3), 1942, serial number AX994209, BX803148, CM682710, 50 yuan (2), serial number K/A465433, PK942187, 100 obverse red with victory gate at centre, reverse blue, 50 green, P’ai Lou Gate at right, reverse brown (Pick 242, 249), first, fine to very fine, second good and very fine Estimate HK$800-1,000

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BANKNOTES OF CHINA

452 Central Bank of China, Group of 100 yuan notes (5), 1944 (3) 1943 (1) ND (1) all depicting P’ai Lou Gateway (Pick 258, 259, 260, 261, 254), mixed grades from very good to very fine (5) Estimate HK$600-800

453 Central Bank of China, 100 yuan, 1944, serial number CV889949, black on yellow green underprint (Pick 260A), about uncirculated to uncirculated Estimate HK$900-1,100

454 Central Bank of China, an obverse and reverse uniface specimen 400 yuan, 1944, red serial number A 000000, green and white, Sun Yat Sen at left, reverse lilac, value (Pick 263s), extremely fine (2) Estimate HK$2,000-2,500

455 Central Bank of China, 400 yuan, 1944, serial number T910914, green, Sun Yat Sen at left, value at all four corners, reverse brown, value and printed signatures in vignette (Pick 263) about uncirculated, scarce in high grade Estimate HK$2,000-2,500

456 Central Bank of China, reverse uniface specimen 200 yuan, 1945, one black and white on card, other green and white on paper, gateway at centre (see Pick 265 for similar reverse), an ABNC printing, good very fine, rare (2) Estimate HK$1,200-1,600

457 Central Bank of China, 500 yuan, 1944, serial number CU562354, 1000 yuan (2), 1944, serial number AX309115, AZ584732, 5000 yuan, 1945, serial number BE382609, black on yellow green underprint, deep brown on multicolour underprint, blue black on multicolour underprint, all P’ai-lou gateway at left, (Pick 266, 268, 305), fine to very fine (4) Estimate HK$500-700

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458 Central Bank of China, an obverse and reverse specimen 5 yuan, 1945, red serial number 000000, blue and white, Sun Yat Sen at centre, reverse boats in a gorge, value and radiate sun at left and right (Pick 269s for similar), extremely fine and rare (2)

461 Central Bank of China, obverse and reverse uniface specimen 500 yuan, 1945, red serial number A 000000, black and white, blue star at left and right, Sun Yat Sen at centre, reverse green, value, also an obverse uniface specimen of the same type (Pick 283bs), good extremely fine and scarce (3)

Estimate HK$2,000-2,500

Estimate HK$3,000-3,500 462 Central Bank of China, 500 yuan, 1945, 1000 yuan (6), all 1945, 10000 yuan, 1947, black with light blue national sunbursts in underprint at left and right, brown on cream, purple, reverse sunburst left and right, brown on red brown underprint, red brown (Pick 283, 289, 290, 294, 319), mixed grades ranging from very fine to about uncirculated (8)

459 Central Bank of China, 10 yuan, 1945, 50 yuan, 1945, 100 yuan, 1945, 500 yuan, 1945, 1000 yuan, 1945 green on pale green underprint, red on pale red underprint, blue on pale blue underprint, black-green on pale blue underprint, brown violet on pink underprint, altogether a pleasant group (Pick 270, 273, 278, 282, 288), very fine to extremely fine (5) Estimate HK$500-700

Estimate HK$700-900

463 Central Bank of China, 500 yuan, 1945, serial number 528047, 10000 yuan, 1945, serial number 096190, black with light blue national sunbursts in underprint and left and right, red brown, reverse grey black (Pick 283, see 319 for type), almost extremely fine (2)

460 Central Bank of China, 400 yuan, 1945, serial number CG610872, lilac on cream, unusual denomination (Pick 280 for type), very good to about fine Estimate HK$500-800

Estimate HK$500-700

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BANKNOTES OF CHINA

464 Central Bank of China, 500 yuan, 1945, serial number AG591743, 1000 yuan, 1945, serial number AR474892, 200 yuan, 1948, serial number BC831129, brown on lilac underprint, brown violet on pink underprint, green on pale green and pink underprint, all P’ai-lou gateway at left, (Pick 285, 288, 308), good to very good, some grafitti on third (3)

467 Central Bank of China, 1000 yuan, 1945, serial number S/N 333333, brown on cream underprint, Sun Yat Sen at centre, value at left and right (Pick 298), in PMG holder 66, gem uncirculated, EPQ and a great solid number!

Estimate HK$3,000-5,000

Estimate HK$900-1,100

465 Central Bank of China, 1000 yuan, 1945, serial number DE830305, 5000 yuan, 1947, serial number JC164864, 10000 yuan, 1947, serial number EF456824, red orange on lilac underprint, dark lilac on multicolour underprint, (Pick 287, 311, 318), first good, second crisp, fine to very fine, third about uncirculated to uncirculated (3)

468 Central Bank of China, an obverse and reverse specimen 1000 yuan, 1945, red serial number 000000, purple and white, Sun Yat Sen at centre, reverse value, radiate sun at left and right (Pick 290s), extremely fine and rare (2) Estimate HK$1,200-1,600

Estimate HK$500-700

466 Central Bank of China, 5 yuan, 1945, serial number S888888, dark green, Lin Sen at left, s e a l s i g n a t u r e s b e l o w, r e v e r s e d a r k g r e e n with stupa at right, great numbers, especially as the prefix ‘S’ also looks similar to an ‘8’’, uncirculated Estimate HK$10,000-12,000

469 Central Bank of China, an obverse and reverse specimen 1000 yuan, 1945, red serial number 000000, purple and white, Sun Yat Sen at centre, reverse value, radiate sun at left and right (Pick 290s), extremely fine and rare (2)

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Estimate HK$1,200-1,600

January 18, 2014 - Hong Kong

470 Central Bank of China, 1000 and 2500 yuan, 1945, Sun Yat Sen portrait (Pick 291,303), extremely fine (2) Estimate HK$800-1,000

473 Central Bank of China, 1000 yuan, 1945, serial numberAC 017808, CR 923657, blue on white to grey (Pick 298), good to very good (2) Estimate HK$500-700

471 Central Bank of China, 1000 yuan (2), 1945, serial numberAF398985, BG453166, 10000 yuan, 1947, serial number EY619238 brown on lilac underprint, blue grey on pale blue and lilac underprint, blue mauve (Pick 292, 293, 320), first, very fine, second crisp extremely fine, third extremely fine (3) Estimate HK$500-700

474 Central Bank of China, 2500 yuan, 1945, red prefix A, blue and pale blue-green, Sun Yat Sen at left, also 20 cents, 1946, green (Pick 304,395A), extremely fine and good extremely fine (2) Estimate HK$1,500-2,000

475 Central Bank of China, specimen 5000 yuan, 1947, green, white and orange, Sun Yat Sen at right, reverse green and white, pagoda on hillside at centre (Pick 309 for similar), a Hamilton engraving, extremely fine and rare Estimate HK$3,000-4,000

472 Central Bank of China, 1000 and 5000 yuan, 1945, Sun Yat Sen portrait, also larger format 5000 yuan in brown (Pick 297,313,303,306), good xtremely fine (3) Estimate HK$1,500-1,800

476 Central Bank of China, group of notes consisting of 500 yuan (2), 2000 yuan (3), 5000 yuan (1) mixed grades, otherwise a nice set (Pick 312 for type), good to very good (6) Estimate HK$500-700

123

BANKNOTES OF CHINA 477 Central Bank of China, 1 yuan, 1945, 100 yuan, 1945, 500 yuan (2), 1946 and 1947, 1000 yuan (2), 1947, 2000 yuan, 1948, 5000 yuan, 1948, 10000 yuan, 1948, brown on pink underprint, olive green on light tan underprint, dark green on lilac underprint, dark brown on orange underprint, blue black on pink underprint, brown on multicolour underprint, dark blue, red and tan guilloche, (Pick 375, 379, 380, 381, 382, 384, 385, 386), mixed grades but overall fine to very fine (9) Estimate HK$700-900

480 Central Bank of China, 10000 yuan, 1947, serial number AX275208, lilac on multicolour underprint, reverse brown (Pick 322), about uncirculated to uncirculated Estimate HK$500-700

478 Central Bank of China, uniface obverse and reverse 10000 yuan on card, 1947, red zero serial numbers, ‘Specimen’ overprinted in red Chinese characters, purple, Sun Yat Sen at centre, blue-grey reverse (Pick 319s), uncirculated (2) Estimate HK$1,200-1,500

479 Central Bank of China, specimen 50000 yuan, 1947, red serial number A/A 000000, purple-brown and pale blue, Sun Yat Sen at right, reverse building at centre, value at left and right (Pick 322A), a Hamilton Bank Note Company printing, extremely fine and rare Estimate HK$3,500-4,500

481 Central Bank of China, a group of customs gold units (8), comprising 500.1000,2000,2500,5000 (3) and 20000 units, all 1947-1948 generally good extremely fine (8) Estimate HK$1,500-2,000 482 Central Bank of China, a group comprising 39 custom gold unit notes, 1930-1948, including 10 cents, 1930, 2000 (3), 1947, 5,10,20,50 and 100 customs gold units, 1930 and later issues (Pick 324ff), generally good very fine, many better (39) Estimate HK$1,800-2,400

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January 18, 2014 - Hong Kong

485 Central Bank of China, 500 custom gold units, 1947, serial number HE222222, blue, vertical format, Sun Yat Sen at top, vignette stating value at centre with seal signatures below, reverse blue with bank building at top and value at all four corners, (Pick 334), uncirculated Estimate HK$2,000-3,000

483 Central Bank of China, obverse and reverse uniface specimen 500 customs gold units, 1930, blue, 2000 units, 1947, brown and 10000 units, 1948, blue, all Sun Yat Sen portrait (Pick 332s,343s,363s), extremely fine (6) Estimate HK$4,000-4,500

486 Central Bank of China, 500 custom gold units, 1947, serial number 000001 86-B, green, vertical format, Sun Yat Sen at top, vignette stating value at centre with seal signatures below, reverse green with bank building at top and value at all four corners, (Pick 336), uncirculated

484 Central Bank of China, 500 custom gold units, 1930, serial number FE555555, blue, vertical format, Sun Yat Sen at top, vignette stating value at centre with seal signatures below, reverse blue with bank building at top and value at all four corners, (Pick 332), uncirculated Estimate HK$2,000-3,000

Estimate HK$2,000-3,000

125

BANKNOTES OF CHINA

487 Central Bank of China, 1000 customs gold units, serial number 222222, brown, Sun Yat Sen at centre, seal signatures below, reverse red-brown, Chinese characters in central vignette, (Pick 339), almost uncirculated, small corner bend top right corner Estimate HK$2,000-3,000

489 Central Bank of China, 5000 custom gold units, 1947, serial number JE222222, red, vertical format, Sun Yat Sen at top, vignette stating value at centre with seal signatures below, reverse red with bank building at top and value at all four corners, (Pick 351), almost uncirculated Estimate HK$2,000-3,000

488 Central Bank of China, 1000 custom gold units, 1947, serial number QG222222, blue-grey, vertical format, Sun Yat Sen at top, vignette stating value at centre with seal signatures below, reverse bluegrey with bank building at top and value at all four corners, (Pick 339), uncirculated Estimate HK$2,000-3,000

490 Central Bank of China, 10,000 yuan, 1947, serial number PH888888, dark blue, Sun Yat Sen at left, denomination within vignette at right, reverse blue with Chinese characters within central vignette, printed by Central Printers in Shanghai, (Pick 362), uncirculated Estimate HK$10,000-12,000

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493 Central Bank of China, an obverse die proof on large format paper for a 50 yuan, type of 1948, blue-green and white, Chiang Kai Shek at right (Pick unlisted), VOID overprinted in field, good extremely fine, unusual and rare Estimate HK$2,000-2,500

491 Central Bank of China, an obverse and reverse specimen 5000 customs gold units, 1948, red serial number 000000 1-A, blue and white, Sun Yat Sen at centre, reverse value, building top centre (Pick 349s), extremely fine and rare (2) Estimate HK$1,200-1,600 492 Central Bank of China, mixed group of denominations, consisting of 1 yuan, 5 yuan (1), 10 yuan (2), 20 yuan (3), 50 yuan (2), 100 yuan, all dated 1945, blue on multicolour underprint, olive green on multicolour underprint, brown on multicolour underprint, green on multicolour underprint, black on multicolour underprint, red on multicolour underprint (Pick 387, 388, 390, 391, 393, 394), an appealing group of mixed grades, largely very fine (10) Estimate HK$700-900

494 Central Bank of China, uniface specimen 100 yuan, 1945, serial number 1A000000, red on multicolour underprint, black stamped “specimen� left and bottom right, in Chinese and English (Pick 394) for type, despite central fold, a crisp fresh specimen, fine to very fine Estimate HK$1,500-2,000

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BANKNOTES OF CHINA 495 Central Bank of China, mixed denomination group of notes dated between 1946-1949, consisting of 10 cents (1) , 20 cents (1), 50 cents (1), 10 yuan (1) , 20 yuan (2), 50 yuan (3), 100 yuan (4), 500 yuan (2), 1000 yuan (3) (Pick 395 ff), a very pleasing mixed group, ranging in grade from fine to extremely fine (18) Estimate HK$700-900

496 Central Bank of China, obverse uniface specimen 50 yuan (2), ND (1948), no serial numbers, red-brown and white, Chiang Kai Shek at right (Pick 405s), good extremely fine and scarce (2) Estimate HK$200-2,500

497 Central Bank of China, a uniface proof $50, ND (1948), red and white, Sun Yat Sen at right (Pick 405 for type), good extremely fine Estimate HK$1,500-1,800 498 Central Bank of China, 1000 yuan, 5000 yuan (3), 10000 yuan, 500000 yuan, all dated 1949 brown on cream, red on cream, blue on multicolour underprint, greenish black on multicolour underprint (Pick 413, 414, 415, 417, 423), generally crisp and fresh, fine to very fine (6) Estimate HK$700-900

499 Central Bank of China, 10000 (2), 50000 yuan, 100000 (2), 500000 yuan, all dated 1949 blue on multicolour underprint, red orange on multicolour underprint, lilac on cream, grayish green, greenish black on multicolour underprint (Pick 416, 417, 418, 421, 422, 423), a nice group, bright, fresh and fine to extremely fine (6) Estimate HK$1,400-1,800

500 Central Bank of China, 100000 yuan (3), 1949, serial numberAB683857, SY147351, VC763044, grayish green on multicolour underprint (Pick 422) first crisp and extremely fine, second fresh and extremely fine, third very fine (3) Estimate HK$700-900

501 Central Bank of China, 500000 yuan (3), 1949, serial number AA623992, NX978103, VB974195, lilac brown on multicolour underprint, reverse lilac, bank at centre (Pick 424), a pleasant fresh group, all very fine to extremely fine (3) Estimate HK$500-700

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January 18, 2014 - Hong Kong 505 Central Bank of China, a group including 1 yuan (3), 1936, 5 yuan (2), 1930,1936, 10 yuan, 1936,100 yuan (3), 1936,1941 and a 20 customs gold units of 1930, also a Central Bank $50, Shanghai, 1928 and $100, Chungking, 1928 generally very fine or better (12) Estimate HK$800-1,200

502 Central Bank of China, 1000000 yuan, 1949, serial number 498732, brown and blue, reverse brown, bridge at centre (Pick 426), extremely fine to about uncirculated Estimate HK$900-1,100

506 Central Bank of China, trio of notes consisting of 1000, 5000 and 100000 yuan, a very pleasant set crisp, fresh, about extremely fine (3) Estimate HK$1,300-1,800

503 Central Bank of China, one cent, 1949, serial number S391672, vertical format, green on cream (Pick 428), crisp, about uncirculated to uncirculated Estimate HK$900-1,100 504 Central Bank of China, Group of 8 notes, consisting of 10 cents (1), 20 cents (1), 1 dollar (3), 5 dollars (2), 10 dollars (1) all dated 1949, various colours with silver junk 1 yuan coin at centre on the dollar notes (Pick 433, 436, 439, 440, 441, 443, 444, 447) majority are crisp, good fine to very fine (8) Estimate HK$700-900

507 Central Bank of China, $10000 circulating cheques, 1945, full set of the 9 different signatures Estimate HK$200-500

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BANKNOTES OF CHINA

FARMERS BANK OF CHINA

510 Farmer’s Bank of China, obverse and reverse uniface specimen 5 yuan, 1935, red zero serial numbers, green, farming activities left and right, reverse green with Chinese house at centre and ox at right, uniface obverse and reverse (Pick 458s), uncirculated (2) Estimate HK$1,200-1,500 508 Farmer’s Bank of China, obverse and reverse uniface specimen 1 jiao and 2 jiao, 1935, red and black respectively, control number ‘003658’ overprinted on both (Pick 455s and 456s), uniface obverse and reverse, mounted , uncirculated (4) Estimate HK$2,500-2,800

511 Farmer’s Bank of China, obverse and reverse uniface specimen 10yuan, 1935, red zero serial numbers, purple, farming activities left and right, reverse green with Chinese gate at centre and horse at right, uniface obverse and reverse (Pick 459s), uncirculated (2) Estimate HK$1,200-1,500 509 Farmer’s Bank of China, obverse and reverse uniface specimen 1yuan, 1935, black zero serial numbers, red, farming at right, woman carrying water at left, reverse red with Chinese house at centre and sheep at right, uniface obverse and reverse (Pick 457A), uncirculated (2) Estimate HK$1,200-1,500

512 Farmers Bank of China, a miscellaneous group including 10 yuan (6), 1935,1940, 1 yuan (2), 5 yuan (3), also 50 yuan, 1942, brown, locomotive at centre (Pick 459,464,479), mixed grades the last note almost extremely fine and scarce (12) Estimate HK$1,000-1,200

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January 18, 2014 - Hong Kong

516 Farmers Bank of China, 20 yuan, 1940, red serial numbers, blue, house by river at centre (Pick 465), uncirculated Estimate HK$1,600-1,800

513 Farmer’s Bank of China, obverse and reverse uniface specimen 5 jiao, 1936, black zero serial numbers, blue, farming scenes left and right, reverse blue with Chinese pagoda at centre, uniface obverse and reverse (Pick 460s), uncirculated (2) Estimate HK$1,200-1,500 514 Farmers Bank of China, a group including 50 cents, 1936, blue, 10 cents (2), 1937, blue, 20 cents, 1937, green,1 yuan, 1940, red, 20 yuan, 1940, blue, 1 yuan (2) and 5 yuan (Pick 460,461,462,463,465,474,475), generally good extremely fine (9) Estimate HK$2,500-3,000

517 Farmers Bank of China, 20 yuan, 1940, red serial numbers, blue, house by river at centre (Pick 465), uncirculated Estimate HK$1,600-1,800

515 Farmer’s Bank of China, lot of 3 notes, 2 jiao 1937, 1 yuan 1940 and also 20 yuan, 1940, serial number F423675, blue workers by riverside house at centre (Pick 462, 463 and 465), respectively, uncirculated but with minor toning spots (3) Estimate HK$1,800-2,200

518 Farmers Bank of China, 10 yuan, ND (1940), purple with overprint, 1 yuan, 1934, red, 10 yuan, Hankow, 1940 (Pick 453, 471,468), first about very fine, balance VG , scarce (3) Estimate HK$2,000-2,500 519 Farmers Bank of China, 100 yuan (2), 1941, red serial numbers, purple, boats on canal, 50 yuan, 1941, brown and 500 yuan, purple, 1941 (Pick 476a,477a,478a), ), about fine (4) Estimate HK$1,200-1,600

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BANKNOTES OF CHINA

520 Farmers Bank of China, 500 yuan, 1941, red serial number B 100776, green and multicoloured, boats on canal at centre, reverse green (Pick 478a), extremely fine Estimate HK$2,500-3,000

INDUSTRIAL DEVELOPEMENT BANK OF CHINA

521 Industrial Development Bank of China, 10 yuan, Beijing, 1921, blue serial CD026366C, green, village gateway at centre, value at all four corners, black printed signatures, value in vignette on reverse (Pick 495a), about uncirculated Estimate HK$2,000-3,000

LAND BANK OF CHINA

523 Land Bank of China, $1, Shanghai, 1 June 1931, red serial number B 624006D, purple and pale green, pagoda and mountain road at left, palace at right centre, reverse purple shoreline at left, value at right (Pick 504), almost fine and scarce Estimate HK$2,000-2,400

NATIONAL BANK OF CHINA

524 National Bank of China, $10, 1921, blue serial number 112871, red and pale yellow, Sun Yat Sen at centre within corn wreath, palm tree in black at left and right, reverse blue-green and pink, three men and farmer and ox at centre, value at left and right and at each corner (Pick 516, Smith-Matravers C261-12), extremely fine and very rare Estimate HK$15,000-20,000

522 Land Bank of China, specimen $1, Shanghai, 1926, purple, green and orange, mountains and Chinese house, reverse purple with lakeside scene. Hole punch cancelled with ‘Specimen’ overprinted in red Chinese characters (P504s), uncirculated, scarce Estimate HK$3,000-4,000

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January 18, 2014 - Hong Kong

NATIONAL COMMERCIAL BANK OF CHINA

NINGPO COMMERCIAL BANK

527 The Ningpo Commercial Bank Limited, $1 specimen, 1921, serial number T000000P, red, bank building at centre, ‘Specimen’ overprinted in black Chinese characters, reverse green with value within vignette, ‘Specimen’ overprinted red (P545s), uncirculated Estimate HK$800-1,200

525 National Commercial Bank of China Limited, specimen $5, Nanjing, 1923, red, mandarin at centre, red zero serial numbers, reverse blue with cockerel at right, also a uniface reverse specimen of the 1923 $1, green, with cockerel at left. (Pick 518s and 517s), extremely fine, with some paper loss at the top border of the $5 obverse, scarcer overprinted place of issue (2) Estimate HK$4,000-5,000

528 Ningpo Commercial and Savings Bank Limited, $1, Shanghai, 1 January 1933, green prefix T, red, mountains at left, reverse green, also $10, Shanghai, January 1934, blue prefix T, red-brown, mountains at left, reverse red-brown, urn at centre (Pick 549a,550), almost very fine and fine, scarce (2) Estimate HK$1,000-1,200

526 National Industrial Bank of China, 1 yuan (2), Hankow, 1931, and Shanghai, 1924, purple and multicoloured, running horse, reverse purple, the Great Wall of China and bank building respectively, also 5 yuan, Shanghai, 1924, red, running horse at centre, reverse red (Pick 525a,531g,526b), generally fine (3) Estimate HK$3,000-4,000

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BANKNOTES OF CHINA

529 Ningpo Commercial and Savings Bank Limited, obverse and reverse specimen $1, 1933, red, mountain and trees at left, green serial number T000000A, reverse green, bronze vessel at centre also a uniface obverse and reverse $5, 1933, serial number in blue T000000A, red, mountains and landscape left centre (Pick 549s,550s), uncirculated (2) Estimate HK$3,500-4,000

BANK OF TERRITORIAL DEVELOPEMENT

532 Bank of Territorial Development, $1 and $5, remainder without place name, 1916, black-peach, black-green respectively, city gate and shrine (Pick 582r and 583r), generally extremely fine (2) Estimate HK$1,500-1,800 533 Bank of Territorial Developement, $5 (2), both red prefix A, black and blue-green, building by lake at right, reverse green and white (Pick 583r), good extremely fine (2) Estimate HK$3,000-3,500

MINISTRY OF COMMUNICATIONS

530 Bank of Territorial Development, $1 and $5, Shanghai, $10, Changchun, all dated 1914, red serial numbers, green, purple and red respectively, farming scenes at centre, value in vignette on reverse, (Pick 566o, 567n and 568j), fine (3) Estimate HK$1,800-2,200

531 Bank of Territorial Development, $1, $5 and $10, Jiangsu, all dated 1914, red serial numbers, green, purple and red respectively, farming scenes at centre, value in vignette on reverse (Pick 566j, 567r and 568e), good extremely fine to uncirculated (3) Estimate HK$3,000-4,000

534 Ministry of Communications, Peking-Hankow railway, $5 and 10, 1922, also Market Stabilisation Bureau, 10, 20 (2) cents,1 yuan, brown and 1 yuan, blue (Pick 586,587,616,617,619,623), generally extremely fine (7) Estimate HK$1,200-1,600

MILITARY EXCHANGE NOTES

535 Ministry of Finance Military Exchange Notes, $1, no date, red serial number G0295775, black junks and warship at top left and right, reverse green and black, Great Wall at centre (Pick 595), about uncirculated, scarce and a popular issue Estimate HK$4,000-5,000

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January 18, 2014 - Hong Kong

MARKET STABILISATION BUREAU

540 Market Stabilisation Bureau, lot of 4 notes, 10 coppers Shandong, 1923 2 jiao Beijing, 1923, 40 coppers Jiangsu 1915, and 100 coppers Henan 1915 (Pick 603e), also includes Ministry of Communications, $5, 1922 (Pick 612b), (Pick 617a), (Pick 601h), (Pick 586) about uncirculated to uncirculated, some scarcer places of issue (5) Estimate HK$2,000-3,000

536 Market Stabilisation Bureau, lot of 4 notes, 20, 40 and 50 (2) coppers, Ching Chao, 1915, blue, browngreen, red-green respectively, Temple of Heaven at right and Summer Palace at left, pagoda on reverse (Pick 600a, 601, 602 for types), fine to uncirculated (4) Estimate HK$1,500-1,800 537 Market Stabilisation Bureau, a group comprising 10,20 coppers, 1915, 10 coppers (3), 20 coppers (2), 1921,1922, 50 coppers (2) , 1915, pagoda at left, the Temple of Heaven at right (Pick 599,600,602), mixed grades, generally good very fine (8) Estimate HK$1,500-1,800

541 Interest Bearing Circulating notes, 1 yuan, blue, 5 yuan, red and 10 yuan, purple, all 1923, also interest bearing Treasury notes for 1/2 yuan, blue, 1 yuan, orange and 5 yuan, green, (Pick 641,642,643,626,627,628), good extremely fine (6) Estimate HK$1,500-2,000

538 Market Stabilisation Bureau, a group comprising 10,20,40,50 and 100 coppers , 1915, pagoda at l e f t , t h e Te m p l e o f H e a v e n a t r i g h t ( P i c k 599,600,601,602,603), mixed grades, the 10 cents and the 100 cents good extremely fine (5) Estimate HK$1,600-2,000

CENTRAL CHINESE ARMY

542 Central Chinese Republic Army Governement Note, 10 coppers, 1912, unissued note, black and yellow, star-like vignette at centre stating value, reverse brown with Chinese text (PNL), almost uncirculated for type and a very rare note

539 Market Stabilisation Bureau, 100 coppers, 1915, red serial number A 370835, green and orange, pagoda at left, the Temple of Heaven at right (Pick 603), good very fine Estimate HK$500-600

Estimate HK$8,000-10,000

135

BANKNOTES OF CHINA

PEOPLES BANK OF CHINA

543 People’s Bank of China, 1st series renminbi, 1948/1949, 5 yuan ‘Grazing sheep’, 10 yuan ‘Woodcutting and Ploughing’, 20 yuan ‘Lijiao Bridge’ and 100 yuan ‘Farming and Factory’ (Pick 802, 815, 821 and 808), average around very fine (4) Estimate HK$3,000-3,500

544 People’s Bank of China, 10 yuan, 1948, red serial number IV II III 2318572, blue and pale green, irrigation scene at left, coal mine at right (Pick 803, Lu A7), uncirculated and scarce Estimate HK$2,500-3,000

545 People’s Bank of China, 100 yuan, 1948, serial number 7080575, dark green, pagoda, reverse steam train at centre (Pick 806, Lu A26), about uncirclated to uncirculated Estimate HK$1,600-2,000

546 People’s Bank of China, 100 yuan, 1948, serial number 03310472, 100 yuan, 1949, serial number 10828577, brown violet with olive green guilloche at centre, industrial scene at left, steam train at right, reverse brown on gold, red on orange underprint, passenger ship at right (Pick 807, 831, Lu A25,30), first, good to fine, second very fine Estimate HK$1,600-1,800

547 People’s Bank of China, 1st series renminbi, 1000 yuan, ND (1949), grey-mauve, ‘Horses Ploughing’, 6 digits serial number variety (Pick 810, Lu A44), very fine, scarce Estimate HK$5,000-6,000

548 People’s Bank of China, 1 yuan, 1949, red serial number I II III 007611978, violet and pale bluegreen, truck and factory at left, reverse violet, value at centre and at each corner (Pick 812a, LU A2), in PMG holder 65, gem uncirculated, EPQ. Scarce Estimate HK$5,800-6,400

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549 People’s Bank of China, 1st series renminbi, 1948/1949, 1 yuan ‘Factory’, 1yuan ‘Farmer’, 5yuan ‘Weaving’ and 10 yuan ‘Farmer and Worker’ (Pick 812, 800, 813 and 816), average extremely fine (4) Estimate HK$3,000-3,500

552 People’s Bank of China, 20 yuan, ND (1949), red serial number VII V IX 325134, blue and white, pagoda and shoreline at left (Pick 820, Lu A13), uncirculated and rare Estimate HK$10,000-12,000

550 People’s Bank of China, 5 yuan, 1949, serial number 19505690, 10 yuan (2), 1948 and 1949, serial number 4441675, 3808889, brown on yellow underprint, blue green and black on light green underprint, grey blue on green underprint (Pick 813, 803, 816), first very fine, second fine, third extremely fine Estimate HK$1,600-1,800

553 People’s Bank of China, 20 yuan, 1949, serial number 567939, blue, pagoda at shoreline, animals and junk in distance at left (Pick 820, Lu A130), good to very good Estimate HK$800-1,200

554 People’s Bank of China, 20 yuan, 1949, serial number 64933848, 50 yuan, 1949, serial number 49004671, green with brown black guilloche, factory and train at left, red brown, workers at centre (Pick 820, 830, Lu A15,22), first very good to fine, second good to very good Estimate HK$900-1,000

551 People’s Bank of China, 10 yuan (2), 1949, 20 yuan, 1948, 200 yuan, 1949, brown on yellow and olive green underprint, steam train at left, red on cream, agricultural scenes left and right, brown, farmer with donkeys at left, steam train at right, lilac brown, pagoda at right (Pick 817, 818A for type, 804, 837), good to very good Estimate HK$1,400-1,600 137

BANKNOTES OF CHINA

555 People’s Bank of China, 20 yuan, 1949, ‘Blue Liu He Pagoda’ (Pick 820, Lu A13), good fine Estimate HK$800-1,000

556 People’s Bank of China, 20 yuan, 1949, red serial number I II III 25609635, green and pale blue-green, locomotive and factory at left, bronze guilloche at right, reverse green, value (Pick 821a, LU A15), in PMG holder 65, gem uncirculated, EPQ. Scarce Estimate HK$6,500-7,000

557 People’s Bank of China, 5, 10 and 20 yuan, 1949, serial numbers 144044, 014443, 107362, vertical format, red, brown and blue, (Pick 825), first fine to very fine, second very good, third central fold but otherwise crisp, very fine Estimate HK$10,000-12,000

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50 YUAN 1949

558 People’s Bank of China, 50 yuan, 1949, red serial number I II III 08438117, pink and pale blue, locomotive at left, bridge at right, reverse blue, truck and electricity pylons (Pick 826, LU A19), almost uncirculated and very rare, one of the key notes for series Estimate HK$60,000-65,000

559 People’s Bank of China, 50 yuan, 1949, red serial number IX III I 1499592, blue and pale yellow, locomotive at centre, reverse brown, value (Pick 829b, LU A21), in PMG holder 65, gem uncirculated, EPQ. Scarce Estimate HK$19,000-20,000

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BANKNOTES OF CHINA

560 People’s Bank of China, 100 yuan, 1949, blue prefix X VIII VI, red, ship and docks at right, also 1 yuan, 1953, red prefix VII VI VIII, red, the Great Hall at centre (Pick 831,866, LU A30,B11), extremely fine, the 1 yuan in CNCS folder 63 (2) Estimate HK$2,000-2,500

561 People’s Bank of China, 100 yuan (2), 1949, blue serial number X VI VIII 68696544/545, red and pale white, ship at quayside at right, reverse red (Pick 831, Lu A30), uncirculated and a scarce consecutive pair (2) Estimate HK$4,000-4,500

562 People’s Bank of China, 1st series renminbi, 1948/1949, 100 yuan ‘Red Ship, 8-digits’, 100 yuan ‘Donkeys’ (Pick 831 and 836, LU A30,31), average extremely fine (4) Estimate HK$1,500-1,800

563 People’s Bank of China, 100 yuan, 1st series renminbi, 1948/1949, ‘Yellow Bei Hai Bridge’ (Pick 833a, LU A29), uncirculated, scarce Estimate HK$3,000-3,500

100 YUAN,1949 ‘JUNKS’

564 People’s Bank of China, 100 yuan, 1949, red serial number I II III 0670846, brown, pale brown and green, junks at left, reverse green, value at left (Pick 835, Lu A32), uncirculated and very rare, a key note for this series, exceptional Estimate HK$120,000-140,000

565 People’s Bank of China, 100 yuan , 1949, red serial number IV II VI 2814897, mauve and pale yellow, donkeys and factory (Pick 836, Lu A31), uncirculated and scarce Estimate HK$2,000-2,500

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566 People’s Bank of China, 1st series renminbi, 1948/1949, 200 yuan ‘Pai Yun Palace’, 200yuan ‘Yiheyuan’ and 200 yuan ‘Steelmaking’ (Pick 837, 841, 840), very good - fine (3) Estimate HK$1,200-1,500

569 People’s Bank of China, 1st series renminbi, 1948/1949, 200 yuan ‘Great Wall’ (Pick 838, Lu A35), central crease otherwise about uncirculated Estimate HK$1,200-1,500

570 People’s Bank of China, 200 yuan, 1949, red serial number III II I 93640443, purple and pale orange and blue, steel foundry at left (Pick 840, Lu A36), uncirculated and scarce Estimate HK$2,000-2,200

567 People’s Bank of China, 200 yuan (2), 1949, serial number 37598907, 52356498, purple on green underprint, Great Wall at right, brown with blue and black, industrial scene at right (Pick 838, 840), fine to very fine Estimate HK$1,400-1,800

200 YUAN, 1949, ‘GREAT WALL’

571 People’s Bank of China, 1st series renminbi, 1948/1949, 500 yuan ‘Zhengyang Gate’ and 500 yuan ‘Farmer and Bridge’ (Pick 844, 842), about fine (2) Estimate HK$2,000-2,500

568 People’s Bank of China, 200 yuan, 1949, red serial number I IV II 53077423, violet and pale green, the Great Wall of China at right, reverse violet, value (Pick 838a, LU A35), in PMG holder 66, gem uncirculated, EPQ. Scarce and a replacement number Estimate HK$25,000-28,000

141

BANKNOTES OF CHINA

572 People’s Bank of China, 1st series renminbi, 1948/1949, 500 yuan ‘Seed Planting’, 500 yuan ‘Steam shovel’ and 500 yuan ‘Tractor’ (Pick 845, 843, 846), very fine (3) Estimate HK$3,000-3,500

573 People’s Bank of China, 500 yuan, 1949, serial number 9182554, 1000 yuan, 1949, serial number 18845307, green on light green underprint, farming scene at left, dark green on multicolour underprint, depicting land workers (Pick 846, 849), fine to very fine Estimate HK$1,600-2,000

574 People’s Bank of China, 1000 yuan, 1949, red serial number VI V VII 08471754, green and multicoloured, Quantung bridge and city view at right, reverse violet, value (Pick 847c, Lu A48), in PMG holder 64, choice uncirculated Estimate HK$3,500-4,000

575 People’s Bank of China, 1000 yuan (2), 1949, serial number 83789412, 8085778, black on multicolour underprint, bridge and town scene at centre and right, reverse purple, lilac brown on grey and brown underprint, factory at left, farmer ploughing at right, reverse, ship in dock at centre (Pick 847, 850,LU A47,48), first crisp, very fine, second, very good to fine Estimate HK$1,600-2,000

576 People’s Bank of China, 1st series renminbi, 1948/1949, 1000yuan ‘Three Tractors’ and 1000yuan ‘Qiantang Bridge’ (Pick 848, 847), fine (2) Estimate HK$2,000-2,500

577 People’s Bank of China, 1st series renminbi, 1948/1949, 1000 yuan ‘Autumn Harvest’ and 1000 yuan ‘Coal Mining and Ploughing’ (Pick 849,850, LU A45,47), very fine (2) Estimate HK$2,500-3,000

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578 Peoples Republic of China, 5000 yuan, 1949, red serial number 8587874, blue-grey and green, farmer and tractor at centre, reverse green, value at left and right (Pick 851a, LU A50), in PMG holder 64, choice uncirculated Estimate HK$10,000-12,000

581 People’s Bank of China, 10000 yuan, 1949, serial number 27785485, 14045733), brown and yellow on tan underprint, farming scenes both obverse and reverse, green on multicolour underprint, ship in heavy seas at centre, reverse brown (Pick 853, 854,LU A55,56), first fine to very fine, second very good to fine Estimate HK$1,800-2,300

579 Peoples Republic of China, 5000 yuan, 1949, red serial number 8587875, blue-grey and green, farmer and tractor at centre, reverse green, value at left and right (Pick 851a, LU A50), in PMG holder 64, choice uncirculated, EPQ Estimate HK$15,000-18,000

582 People’s Bank of China, 10000 yuan, 1949, serial number 02954754, 90706303, brown and yellow on tan underprint, farming scenes both obverse and reverse, green on multicolour underprint, ship in heavy seas at centre, reverse brown (Pick 853, 854, LU A55,56), first fine to very fine, second very good to fine Estimate HK$1,800-2,200

580 People’s Bank of China, 1st series renminbi, 1948/1949, 5000 yuan ‘Tractor’ and 5000 yuan ‘Tractor and Factory’ (Pick 851,852, LU A50,51), good very fine (2) Estimate HK$2,500-3,000

583 People’s Bank of China, 1st series renminbi, 1948/1949, 10,000 yuan ‘Warship’, snow flake watermark and 10,000 yuan ‘Double Horse Ploughing’ with water mark (Pick 854, 853,LU A55,56), very fine (2) Estimate HK$2,000-2,500 143

BANKNOTES OF CHINA

584 People’s Bank of China, 5000 yuan, 1st series renminbi, 1953, purple and yellow, ‘Weihe Bridge’ (Pick 859, LU A54), almost extremely fine, scarce Estimate HK$3,000-4,000

587 Peoples Bank of China 2 fen (10), 1953, red serial number III X I 4897660-669, blue and green, plane at left (Pick 861a), an uncirculated consecutive run (10) Estimate HK$1,000-1,200

FIRST SERIES SPECIMEN LOT

585 People’s Bank of China, 1st series renminbi specimen lot containing all denominations from 1 yuan to 50,000 yuan, most are two-piece uniface notes, including the ‘Blue Liu He Pagoda’’ 20 yuan, the ‘Harvester ’ 50,000 yuan and ‘Xin Hua Gate’ 50,000 yuan, generally about uncirculated to uncirculated, some showing evidence of mounting, a great opportunity to acquire so many of this popular and colourful series in one lot (39) Estimate HK$85,000-100,000

588 People’s Bank of China, 1 jiao, serial number 0440453, 2 jiao, serial number 5506445, 5 jiao, serial number 0156566, brown, tractor at left, green on violet, train at left, violet, dam at left (Pick 863, 864, 865), first and second, crisp, very fine, third centre fold, fine (3) Estimate HK$1,600-2,000

589 Peoples Bank of China 1 jiao (2), 1953, prefix IX X VIII, brown and pale green, tractor at left (Pick 863), uncirculated (2) Estimate HK$1,800-2,000 586 People’s Bank of China, 1 fen, serial number 5698952, 2 fen, serial number 6587463, all 1953 5 fen, serial number 9573640, brown on yellow orange underprint, truck at right, dark blue on pale blue, aeroplane at right, dark green on light green, ship at right (Pick 860, 861, 862), about uncirculated to uncirculated (3) Estimate HK$900-1,100

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594 People’s Bank of China, 1 yuan (4), 1953, red serial number IV VI VIII 3464272/273/274/275, red and pale orange, Great Hall at centre, reverse red (Pick 866, LU B11), good extremely fine (4) Estimate HK$12,000-12,500

590 Peoples Bank of China 2 jiao (2), 1953, red serial number I III II 8000194/195, green, locomotive at left (Pick 864), uncirculated (2) Estimate HK$3,800-4,200

591 People’s Bank of China, 5 jiao (7), 1953, two runs of notes, violet, dam at left, also 5 jiao (5), 1953, two runs, red, dam at left (Pick 865), uncirculated (12) Estimate HK$1,000-1,500 592 Peoples Bank of China 5 jiao (10), 1953, red serial number II VI IV 1358156-165, purple, dam at left (Pick 865), an uncirculated consecutive run (10) Estimate HK$2,200-2,400

595 People’s Bank of China, 1 yuan, 1953, red serial number VIII IX I 9762854, red and pale orange, Great Hall at centre, reverse red (Pick 866, LU B11), in PMG holder 67, superb gem uncirculated, EPQ Estimate HK$13,500-14,500

593 People’s Bank of China, 1 yuan, 1953, serial number 5883780, 1 yuan, 1956, serial number 0234767, red on orange and pink underprint, Great Hall at centre, black on light orange underprint, Great Hall at centre (Pick 866, 871), first, central fold otherwise very fine, second about extremely fine (2) Estimate HK$1,800-2,000

596 People’s Bank of China, 2nd series renminbi, 1953, 1yuan, red, Tiananmen Square and 2yuan, blue, hillside pagoda (Pick 866 and 867), VG to fine (2) Estimate HK$1,000-1,200

145

BANKNOTES OF CHINA

597 Peoples Bank of China, 1,2 and 5 fen, 1953, first series, also 1 (2), 2(2) and 5 fen (2), second series, also 1,2 and 5 jiao, 1953, 1 and 2 yuan, 1953 and a 5 yuan of 1956 (Pick 860a,b,861a,b,862a ,b,863,864,865,866,867,872), uncirculated (15) Estimate HK$2,000-2,500

598 People’s Bank of China, 2 yuan, 1953, red serial number VII I II 0826904, blue and pale orange, pagoda on cliff top at centre, reverse blue (Pick 867, LU B13), in PMG holder 66, gem uncirculated, EPQ Estimate HK$6,000-6,500

599 People’s Bank of China, 2 yuan, 1953, serial number 4611973, 1 yuan, 1956, serial number 4104056, dark blue on pale blue, pagoda at centre, black on pale orange underprint, Great Hall at centre (Pick 867, 871), first, central fold, fine to very fine, second almost extremely fine(2) Estimate HK$1,000-1,400

600 People’s Bank of China, 3 yuan, 1953, serial number 8417465, grreen and black on light orange, bridge at centre, unusual denomination (Pick 868), fine to very fne Estimate HK$2,800-3,000

601 People’s Bank of China, 2nd series renminbi, 1953, 3 yuan, green, arch bridge (Pick 868), fine Estimate HK$2,000-3,000

602 P e o p l e ’s B a n k o f C h i n a , 5 y u a n , s e r i a l number 4404861, red brown on lilac underprint, demonstration at centre, reverse red brown on blue and yellow underprint (Pick 869), crisp, very fine to about extremely fine Estimate HK$5,800-6,800

603 People’s Bank of China, 2nd series renminbi, 1953, 5 yuan, purple Soviet printing, crowd rally (Pick 869), fine Estimate HK$2,000-3,000

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10 YUAN 1953

604 People’s Bank of China, 10 yuan, 1953, red serial number IV III V 9730934, pale grey, orange and black, allegorical Chinese couple at centre with corn sheaf, value at left and right, reverse black, pale tan and a green and pink central guilloche, arms top centre, value at left and right (Pick 870, LU B17), in PCGS holder 25, apparent very fine, missing upper right corner, an otherwise pleasing example of this rare and popular note Estimate HK$40,000-50,000

605 People’s Bank of China, 5 yuan, 1956, red serial number III V I 2676471, brown and pale green, march of the people at centre, reverse brown (Pick 872, LU B15), in PMG holder 66, gem uncirculated, EPQ Estimate HK$6,000-6,500

607 People’s Bank of China, 1 jiao, 1960, serial number 3534237, red, brown depicting workers at centre, reverse, arms at right (Pick 873), a crisp, fresh example, about uncirculated to uncirculated Estimate HK$900-1,100

606 People’s Bank of China, 1 jiao, 1960, red serial numbers, block 308, pink and pale orange, workers at centre, reverse pink (Pick 873, LU C1), in PMG holder 65, gem uncirculated, EPQ Estimate HK$7,500-8,000

608 Peoples Bank of China, 1 jiao, 1960, 1 yuan (3), 1960, 2 yuan, 1960, 5 yuan (2), 1960, 1 jiao (4), 1962, 2 jiao (3), 1960, 10 yuan (2), 1965 (Pick 873,874a,b,c,875a,876a,b,877c,e,f,878a,b,879 a,b), uncirculated (16) Estimate HK$1,200-1,600 147

BANKNOTES OF CHINA

609 People’s Bank of China, 1, 2, 5 yuan all dated 1960, 10 yuan dated 1965 various colours, depicting farming and industrial scenes (Pick 874, 875, 876), very crisp and fresh, about uncirculated to uncirculated (3) Estimate HK$1,400-1,700

610 People’s Bank of China, 2 yuan (2), 1960, serial number 3938910, 8549690, black and green on multicolour underprint, machinist working lathe at centre, reverse, arms at right (Pick 875), beautifully crisp and fresh, about uncirculated to uncirculated (2) Estimate HK$1,400-1,700

611 People’s Bank of China, 1 jiao (2), 1960, red serial numbers IV II VI 1003647/648, block 426, pink and pale orange, workers at centre, reverse pink (Pick 877a, LU C2), no watermark, in PMG holder 66, gem uncirculated, EPQ (2) Estimate HK$11,000-12,000

612 People’s Bank of China, 1 jiao, ND (1962), red prefix VII II I, pink, brown and pale blue, workers left centre, also 1 jiao (20, 1953, brown, tractor at left (Pick 877a,863), in CNCS holder 63, no watermark variety, uncirculated (3) Estimate HK$1,200-1,400 613 People’s Bank of China, A group of notes from the 1980 issue, 1, 2 and 5 jiao, 1, 5, 10 50 100 yuan, a delightfully colourful set (Pick 881, 882, 883, 884, 886, 887, 888, 889), bright and fresh, about uncirculated to uncirculated (8) Estimate HK$1,800-2,300 614 People’s Bank of China, a sheet comprising 70 x 1 jiao, 1980, all prefix EF and serial numbers ranging from 01601033 to 01991033, brown-violet and multicoloured, Gaoshan and Man ethnic man at left (Pick 881a for type, LU D1), a lovely and rare sheet, attractive Estimate HK$12,000-14,000 615 People’s Bank of China, a sheet comprising 70 x 2 jiao, 1980, all prefix EF and serial numbers ranging from 01601033 to 01991033, brown-violet and multicoloured, Bu Yi and Korean youth at left (Pick 882a for type, LU D2), a lovely and rare sheet, attractive Estimate HK$15,000-16,000 616 People’s Bank of China, a sheet comprising 63 x 5 jiao, 1980, all prefix EF and serial numbers ranging from 01601033 to 01991033, purple and and multicoloured, Miao and Zhuang children at left (Pick 883a for type, LU D3), a lovely and rare sheet, attractive Estimate HK$12,000-14,000

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617 People’s Bank of China, a sheet comprising 40 x 1 yuan, 1980, all prefix EF and serial numbers ranging from 01601033 to 01991033, brown-violet and multicoloured, Dong and Yao youths at right (Pick 884a for type, LU D4), a lovely and rare sheet, attractive Estimate HK$16,000-18,000 622 People’s Bank of China, 1 yuan, 1980, serial number EQ51474858, multicolour with misalignment error and gutter fold, (Pick 884a), in PMG holder 64, choice uncirculated, EPQ, an interesting error Estimate HK$5,000-8,000

618 People’s Bank of China, a sheet comprising 40 x 2 yuan, 1980, all prefix EF and serial numbers ranging from 01601033 to 01991033, dark green and multicoloured, Uygur and Yi youths at right (Pick 885a for type, LU D7), a lovely and rare sheet, attractive Estimate HK$25,000-28,000 619 People’s Bank of China, a presentation folder of 4 x 5 yu an, 1980, serial number EF 00040845/50845,60845,70845, brown and multicoloured, Tibetan man and Hui woman at right (Pick 886, LU D9), uncirculated and scarce Estimate HK$4,800-5,200

623 People’s Bank of China, Group of notes including 1, 2, 5, 10, 50 and 100 yuan, 1980, an interesting group with identical serial number BJ00387699 (Pick 883-889), all extremely fine to about uncirculated (9) Estimate HK$5,000-6,000

620 People’s Bank of China, a sheet comprising 40 x 5 yuan, 1980, all prefix EF and serial numbers ranging from 01601033 to 01991033, brown-violet and multicoloured, Tibetan Man and Hui woman at right (Pick 886 for type, LU D9), a lovely and rare sheet, attractive Estimate HK$20,000-22,000 621 People’s Republic of China, 4th issue booklet of ‘four note linked sheets’, notes dated 1980, comprising a heet of 4 x 10 yuan, 4 x 5 yuan, 4 x 2 yuan, 4 x 1 yuan, 4 x 5 jiao, 4 x 2 jiao and 4 x 1 jiao, all issued 1987/1988, all with serial number EF 00040845/00050845/00060845/00070845, all with representations of various ethnic groups (Pick 881-887 for types), in maroon booklet as issued, attractive Estimate HK$4,800-5,200

624 People’s Bank of China, 1 yuan, 1996, pink and multicoloured, Dong and Yao youths at right (Pick 884c), shark’s fin extra paper top leftgood extremely fine and a rare error Estimate HK$15,000-16,000

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625 People’s Bank of China, 1 yuan (2), 1996, pink and multicoloured, Dong and Yao youths at right (Pick 884, LU C1), uncirculated, pink colour omitted on reverse of one example, an unusual error (2) Estimate HK$4,500-5,000

626 P e o p l e ’s B a n k o f C h i n a , 5 y u a n , 1 9 8 0 , pink-brown and multicoloured, Tibetan man and Hui woman at right (Pick 886), small shark’s fin top right, good extremely fine, rare Estimate HK$15,000-16,000

629 People’s Bank of China, 10 yuan, 1980, blue and multicoloured, elder Han and Mongolian man at right (Pick 887), uncirculated, missing underprint on portrait, rare Estimate HK$8,000-8,500

630 People’s Bank of China, 50 yuan, 1980, serial number prefix CZ, pink and multicoloured, allegorical figures at centre (Pick 888a, LU D11), in PMG holder 65, gem uncirculated, EPQ Estimate HK$3,500-4,000

631 People’s Bank of China, a presentation pack containg a sheet of 4 x 100 yuan, 1980, purple and multicoloured, Mao Zedong, Zhou Enlai, Liu Shaoqi and Zhu De at right (Pick 889a), uncirculated Estimate HK$2,000-3,000 627 People’s Bank of China, 10 yuan, 1980, serial number LC11111111, black on blue and multicolour underprint, (Pick 887), in PMG holder 64, choice uncirculated, EPQ Estimate HK$10,000-15,000

628 People’s Bank of China, a mixed denomination group consisting of 56 notes, an interesting and pleasant group of mixed grades, very good to extremely fine, several about uncirculated (56) Estimate HK$1,100-1,400

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BANK OF CHINA

632 Peoples Bank of China, 5 jiao (2), 1,2 and 5 jiao, 1980, 1,2,5 and 10 yuan, 1980, a set of 1,2,5 jiao and 1,2,5 and 10 yuan, 1980 all with serial number ending in 3167, 1,2,50 and 100 yuan, 1990 , also 5 yuan (20,10 yuan, 50 yuan (2), 100 yuan, 1999, 100 yuan plastic, 2000, also 50 yuan in tyvek (Pick 880a,c,881,882,883,884b,885a,886,887,88b,88 9b,891,897,898,900,901,902,), uncirculated (23) Estimate HK$1,500-2,000

636 Bank of China, a specimen set of the 1979 series of Foreign Exchange Certificates comprising 10 fen, 1,5,50 and 100 yuan (Pick FX13,4,6,7), red SPECIMEN overprint, uncirculated (5) Estimate HK$10,000-12,000

637 Bank of China, group of foreign exchange certificates, consisting of 0.10 yuan (2), 0.50 yuan, 1 yuan, 5 yuan, 10 yuan, 50 yuan, 100 yuan, a particularly colourful and fresh set about uncirculated to uncirculated (8) Estimate HK$1,800-2,300

633 People’s Bank of China, set of notes comprising 1, 5, 10, 20, 50, 100 yuan, first 1999, others all dated 2005, serial numbers RP, YI, DP, CI, DH, WX00000098, a pleasing collection (Pick 895, 903-907), an interesting group,all about uncirculated (6) Estimate HK$2,800-3,200

638 Bank of China, group of foreign exchange certificates, various denominations providing an attractive set mixed grades ranging from fine to very fine Estimate HK$400-800

634 People’s Bank of China, set of notes comprising 1, 5, 10, 20, 50, 100 yuan, first 1999, others all dated 2005, serial numbers SX, TF, WI, IE, HC, OP77777077, a colourful and pleasing group (Pick 895, 903-907), a lovely set, all about uncirculated (6) Estimate HK$800-1,200 635 People’s Bank of China, 5 yuan (7), 10 yuan (5), 20 yuan (3), 50 yuan (1), 100 yuan (4) all dated 1999, various vibrant colours, a pleasing group (Pick 897, 898, 899, 900, 901), all about uncirculated to uncirculated (20) Estimate HK$600-800

639 Bank of China, Foreign Exchange certificates, specimen 50 yuan, 1979, red serial number ZA 000000, pink-red, lake, specimen 100 yuan, 1979, red serial number ZA 000000, blue-grey, the Great wall of China at centre red SPECIMEN overprint, uncirculated and rare (2) Estimate HK$6,000-8,000

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640 Bank of China, specimen 50 yuan foreign exchange exchange certificate (1979?), serial number ZA000000, red on multicolour, river scene at centre, bright, crisp and about uncirculated Estimate HK$1,000-1,500

TAIWAN

642 Bank of Taiwan, 1 yen in gold, ND (1904), serial number in red, orange-yellow and black, onagadori cockerels top left and right, dragon low left and right, reverse purple, value and text (Pick 1911), a pleasing very fine and quite rare in this condition Estimate HK$2,000-3,000

641 Qing Dynasty, Taiwan, One Dollar, Tainan, 1895, white and blue with a number of red, official stamps, second issue (Pick 1904c), very fine Estimate HK$5,000-6,000

643 Bank of Taiwan, 1 yen, 1904, serial number 048502, vertical format, yellow and black, phoenixes and dragons, reverse purple with value and bank title in vignette, attractive design (Pick 1911) very fine Estimate HK$1,000-1,500

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644 Bank of Taiwan, 10 yen, ND (1906), serial number 433245, vertical format, grey and black, phoenixes and dragons, reverse green with value and bank title in vignette, attractive design (Pick 1913), edge repairs, paper scuffs on reverse, in PCGS folder 15, (apparent) fine Estimate HK$4,000-5,000

646 Bank of Taiwan, 5 yen, 1904, serial number 753005, vertical format, blue and black, phoenixes and dragons, reverse orange with value and bank title in vignette, attractive design (Pick 1912), almost very fine Estimate HK$3,000-3,500

647 Bank of Taiwan, 1, 5 and 10 yen, 1916 series, blue, grey and black respectively, temple and stairs at right, shoreline scene on reverse (Pick 1921, 1922, 1923), average very fine, scarce series (3) Estimate HK$3,000-4,000

645 Bank of Taiwan, 1 yen in gold, 1904, orange and black, Onagadori cockerels top left and right, dragon low left and right, reverse purple and white, 1 and 10 yen, 1933, also a selection from 1946-1976 (15) including 1 yuan (2) ,1949, 5 yuan, 1966, 10 yuan, 1950 (Pick 1911,1925a,1927a, 1962), first good very fine, later issues generally uncirculated (18) Estimate HK$1,500-2,000 153

BANKNOTES OF CHINA 648 Bank of Taiwan Limited, 1 yen in gold (2), ND (1915), maroon serial numbers, blue, steps and temple at right, reverse green and pale orange, lighthouse and seascape, also 1 yen (2), 5 yen, 10 yen (2), all ND (1932-1934) and 10 yen , ND (1944), 100 yen, ND (1937), (Pick 1921,1925a,1926a,1927 a,1928a,1930a), generally fine to very fine (9) Estimate HK$1,800-2,800

649 Bank of Taiwan, 1 (2), 5, 10, 100 yen (1932-37 issue), temple and stairs at left, shoreline scene on reverse (Pick 1925, 1925, 1927 and 1928), generally extremely fine (5), scarce Estimate HK$2,000-3,000

652 Bank of Taiwan, specimen 5 fen 1949, 5 yuan 1955 and 10 yuan 1954, brown, red and blue respectively, all vertical format. (Pick 1947s, 1968s and 1967s). the 5 fen and 10 yuan uniface obverse and reverse, uncirculated (3) Estimate HK$1,500-1,800

650 Bank of Taiwan, a selection including 1 yuan (3), 5 yuan (3), 10 yuan (3), 100 yuan, 500 yuan and 10000 yuan, all Sun Yat Sen portrait (Pick 1935ff), generally good extremely fine (12) Estimate HK$1,400-1,800

651 Bank of Taiwan, 100,1000 and 10000 yuan, ND (1947-1948), all Sun Yat Sen at centre, naval battle on reverse (Pick 1941,1942,1944), good very fine (3) Estimate HK$1,400-1,800

653 Bank of Taiwan, 10 yuan, 1949, red serial number E 881554 K, blue and pale green, Sun Yat Sen at centre, reverse blue and white, bank building (Pick 1955), uncirculated Estimate HK$1,000-1,200

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654 Bank of Taiwan, 1 yuan (2), 1949, 1 yuan (2), 1954, 5 yuan (2), 1955, 5 yuan (2), 1966 and 10 yuan, ND, (Pick 1968 ff), uncirculated (9) Estimate HK$700-900 655 Bank of Taiwan, a group including 1 and 5 cents, 1949, 50 cents (5), also various issues 1954-1955 including 10 yuan (2), blue, 1949 and 1954 (Pick 1955,1967 ff), generally good very fine (16) Estimate HK$800-1,000 656 Bank of Taiwan, a selection of the more recent issues including 50 and 100 yuan, 1964 and issues from the 1960’s and 1970’s (Pick 1976,1977 ff), generally extremely fine or better (23) Estimate HK$1,200-1,600

659 Bank of Taiwan, 10 yuan (100), 1950, blue, Sun Yat Sen top centre (Pick R106), uncirculated (100) Estimate HK$4,000-4,500 REPUBLIC OF CHINA, TAIWAN BANK

657 Bank of Taiwan, 50 yuan (100), 1982, purple, Sun Yat Sen at left (Pick 1982), uncirculated (100) Estimate HK$4,000-4,500

660 Republic of China - Taiwan Bank, 100 yuan, 1987 and 2001, serial numbers HP666666WE and CQ666666XE, both red on light brown underprint, reverse building complex, very collectable serial numbers, (Pick 1989, 1991), about uncirculated to uncirculated Estimate HK$1,000-1,500

658 Bank of Taiwan, 1 yuan (100), 1949, green, Sun Yat Sen top centre (Pick R101), uncirculated (100) Estimate HK$3,000-3,500 661 Republic of China - Taiwan Bank, 100 yuan, 2001, serial number CP888888ZH, red on light brown underprint, reverse building complex, desirable serial number, (Pick 1991), about uncirculated to uncirculated Estimate HK$800-1,200 155

BANKNOTES OF CHINA

662 Republic of China - Taiwan Bank, 100 yuan, 2001, serial number DL00000YH, red on light brown underprint, reverse building complex, particularly good serial number, (Pick 1991), about uncirculated to uncirculated Estimate HK$800-1,200

665 Republic of China - Taiwan Bank, 1000 yuan, 2005, serial number GM888888VJ, light and dark blue on light green underprint, children studying globe at centre, reverse, pheasants and mountain scene, (Pick 1997), about uncirculated to uncirculated Estimate HK$1,200-1,500

663 Republic of China - Taiwan Bank, 1000 yuan, 2005, serial number EK000001XB, light and dark blue on light green underprint, children stuyding globe at centre, reverse, two Mikado Pheasant and mountain scene in background, wide security foil at right (Pick 1997), fresh, crisp and about uncirclated Estimate HK$2,000-2,500

666 Republic of China - Taiwan Bank, 1000 yuan, 2005, serial numbers EK123456XB and EK654321XB, light and dark blue on light green underprint, children studying globe at centre, reverse, pheasants and mountain scene, interesting ascending and descending serial numbers (Pick 2005), about uncirculated to uncirculated Estimate HK$1,500-2,000

664 Republic of China - Taiwan Bank, 1000 yuan, 2005, serial numbers EK111111XB through to EK99999XB light and dark blue on light green underprint, children stuyding globe at centre, reverse, two Mikado Pheasant and mountain scene in background, wide security foil at right (Pick 1997), a very interesting and collectable set, about uncirculated to uncirculated (9) Estimate HK$10,000-12,000

667 Republic of China - Taiwan Bank, 1000 yuan, 2005, serial number HL000002UA, light and dark blue on light green underprint, children studying globe at centre, reverse, pheasants and mountain scene, (Pick 1997), about uncirculated to uncirculated Estimate HK$1,200-1,500

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CENTRAL RESERVE BANK OF CHINA

671 Central Reserve Bank of China, 500 yuan, 1942, serial number LW006472 G/U, brown on multicolour underprint, reverse, mausoleum (Pick J15), a very pleasing almost extremely fine Estimate HK$500-800

668 Central Reserve Bank of China, a group comprising 1 cent, 50 cents and 1 yuan, 1940, 5 yuan (2), 1940, red, Sun Yat Sen at centre, 50 cents, 1943, 1 and 10 yuan, 500 yuan, Kwantung, 1943, 200 and 1000 yuan, 1944,10 and 20 cents, 1938, (Pick J1b,7a,8a,10e,18b,19a,20a,24c,30a,3 2a,48,49), generally extremely fine (13) Estimate HK$1,000-1,400

672 Central Reserve Bank of China, specimen 1 fen and 2 fen, 1940, (Pick J1s1 and J2s1), also 1, 2 and 5 jiao, 1943 (Pick J16s, 17s and 18s), all uniface obverse and reverse specimens, uncirculated (10) Estimate HK$2,000-3,000

669 Central Reserve Bank of China, specimen 2 jiao, 1940, blue (Pick J4s1), also 5 yuan and 10 yuan, 1940, red and blue respectively, Sun Yat Sen at centre (Pick J10s2 and J11s).

The 2 jiao uniface obverse and reverse, whilst the 5 yuan and 10 yuan printed on both sides.

UNC, some damage to top border of the 5 yuan (4) Estimate HK$2,000-3,000 670 Central Reserve Bank of China, a miscellaneous group of notes, generally 1940’s, including 100 yuan, 500 yuan, 1942, 200 yuan, 1944, 500 yuan (5), 1943, 1000 yuan (3), 1944 and other denominations (Pick J14a,15b,30a,24Aff,31ff), generally very fine, many better (45) Estimate HK$1,800-2,200

673 Central Reserve Bank of China, 100 yuan, 1943, green, Sun Yat Sen at centre, Federal Reserve Bank of China, 10 cents, 1938, red serial number E 4907954, brown-violet, dragon at right, (Pick J21,J51a), very fine and good very fine (2) Estimate HK$1,000-1,200

157

BANKNOTES OF CHINA

674 Central Reserve Bank of China, 10000 yuan, 1944, serial number AAY, green on light yellow underprint, reverse, green, mausoleum at centre (Pick J39), centre fold, very good to fine Estimate HK$600-800 675 Central Reserve Bank of China, 5000 yuan (3), 1944,1945, 10000 yuan (4), 1944, a l l g r e e n a n d b l a c k , S u n Ya t S e n p o r t r a i t (Pick J39aff), generally good very fine or better (7) Estimate HK$1,600-2,000

676 Central Reserve Bank of China, 5000 yuan, 1945, red block letters ACY, grey-green, Sun Yat Sen at centre, reverse mausoleum at centre, value in field (Pick J42a), central crease otherwise extremely fine and scarce Estimate HK$1,500-2,000

678 Central Reserve Bank of China, 50 fen, ND (1938), $1, 1938, green, $1, 1939, green, 50 cents and 1 yuan, 1944, 1 yuan, 1941, 10 yuan, 1943, 10 yuan (2), 1944, 500 yuan, 1944, and 100 yuan, 1945 (Pick J50a,54,61a,68,69,72,76,80a,81a,84a,88a), generally very fine or better (11) Estimate HK$1,500-2,000

FEDERAL RESERVE BANK OF CHINA

679 Federal Reserve Bank of China, 2 jiao, 1938, red serial number A 1933806, green, dragon at right (Pick J52a), extremely fine Estimate HK$1,000-1,200 680 Federal Reserve Bank of China, Group of notes (14) including 1 dollar, 1938, green, portrait of Confucius at left, junks lower centre right, dragon above, brown, Huang Ti at right, dragon top, and 100 yuan, 1938, brown, workers at shoreline, dragon above (Pick J54, J59) mixed grades, very good to several about incirculated (14) Estimate HK$800-2,200

677 Central Reserve Bank of China, 100000 yuan, 1945, red prefix C/D, purple and pale green, Sun Yat Sen at centre (Pick J43a), in PMG holder 64 choice uncirculated, EPQ and a rare type Estimate HK$15,000-18,000

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681 Federal Reserve Bank of China, $1, 1938, red serial number B 0052391, gren, Confucius and dragon with ships, value at each corner, reverse green, value (Pick J54a), almost very fine Estimate HK$1,500-2,000

685 Federal Reserve Bank of China, 10 yuan (2), 1944, red block number 6, blue and pale yellow, Kuan-Yu at left, wall at right , also 100 yuan, 1944, Huang-Ti at left, and 500 yuan, 1943, brown, Confucius at right, the Temple of Heaven at left (Pick J80a, 83a,78), good extremely fine (4) Estimate HK$2,000-2,500

682 Federal Reserve Bank of China, 1 yuan, 1938, pale green, 100 yuan, 1943, brown, 100 yuan, 1944, black, pale green and violet, Mengchiang Bank, 1 yuan (2), green, the Great Wall, 5 and 100 yuan, 1944 and Central Bank of Manchukuo, 10 and 100 yuan, (Pick J61a,77a,83a,104,106,111,137a,138a), generally about extremely fine, an interesting lot (9) Estimate HK$2,000-2,500

683 Federal Reserve Bank of China, a group comprising 1 yuan, ND (1941), 5 and 10 yuan, 1941, 10 yuan, 1943, 5 and 10 yuan, 1944, 10 yuan, 1944, (Pick J72a,J73,J74,J76a,J79a,J80a,J81a), generally good very fine or better (7) Estimate HK$2,000-3,000

686 Federal Reserve Bank of China, specimen 10 yuan, 1944, blue on green and pink underprint, Japanese man at right, red block number ‘’, reverse blue with ‘10’ in vignette (PJ82s1), about uncirculated with slight damage to top right corner Estimate HK$1,200-1,600

684 Federal Reserve Bank of China, group of notes which include 5 yuan, 1941, bright orange on multicolour underprint, temple at left, 10 yuan, 1943, dark blue on green and brown underprint, pagoda at right, (Pick J73,76), varying grades, good to about uncirculated Estimate HK$1,000-1,200

687 Federal Reserve Bank of China, a group of notes including 10 yuan (2), 1945, violet on tan underprint, 500 yuan, 1945, blue on multicolour underprint, reverse brown, (Pick J86, J90), mixed grades from good to about extremely fine Estimate HK$700-900

688 Federal Reserve Bank of China, group of notes (5) including 10 yuan, 1944, blue on tan underprint, 100 yuan, 1944, dark brown on multicolour underprint, house at left (Pick J80, J83), mixture of grades, from very good to crisp and about uncirculated Estimate HK$1,000-1,400

159

BANKNOTES OF CHINA

MENGCHIANG BANK

MANCHUKUO

689 Mengchiang Bank, 5 fen, 1940, sheep, 1 yuan and 10 yuan , 1944, 100 yuan, 1945, 100 yuan, 1938, purple, camel (Pick J101a,108c,108c,111,112a), generally good very fine (5) Estimate HK$1,200-1,400

690 Mengchiang Bank, a selection 1 yuan (2), 5 yuan, 10 yuan and 100 yuan (J104, J106, J108b and J112), very fine to about uncirculated (5) Estimate HK$1,000-1,200

691 Mengchiang Bank, mixed group of notes (17), including 100 yuan (3), 1938, (pick J112), various denominations and mixed grades grades ranging from good to fine (17) Estimate HK$1,400-1,800

692 Central Bank of Manchukuo, obverse and reverse specimen 5 chiao, 1932, red serial zero serial numbers, yellow-orange with blue border, reverse with green vignette. Uniface obverse and reverse (Pick J124s), uncirculated, rare type Estimate HK$2,000-3,000

693 Central Bank of Manchukuo, obverse and reverse specimen 5 yuan, ND 91933), serial number 000000, brown, flag at left, bank building at right, reverse brown, value (Pick J126s), red SPECIMEN overprint, perforated, good extremely fine and scarce Estimate HK$2,500-3,000 694 Central Bank of Manchukuo, 50 fen, ND (1935), 1 yen (3),5 yuan (2),10 yuan (2), 100 yuan, 10 fen (2), ND (1944), 50 fen, ND (1941) (Pick J129,130b,136b,121b,132b,133b,137a,140,14 1a), generally good very fine or better (12) Estimate HK$1,200-1,600

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JAPANESE GOVERNMENT/CHINA

695 Central Bank of Manchukuo, 1 yuan (2), 1937, 5 yuan, 1938, 1 yuan (2), 1944, 10 yuan (2), 1944, 100 yuan, 1944, 1 chiao, 1944, 50 fen, 1941, also Russian Military 100 yuan (2), 1945 (Pick J130a,b,131b,135a,137a,e,138b,140,141a,Pi ck M34,36), generally good very fine or better (12) Estimate HK$1,200-1,400

697 Japanese Imperial Government, China issue, 10 sen, 1937, black and pale blue, 1 yen, 1937, black and pale lilac, both Onagadori cockerels top left and right, also Military note for 5 yen, ND (1938), (Pick M1,M3,M24), very fine and scarce, last extremely fine (3) Estimate HK$2,000-2,500 696 Central Bank of Manchukuo, uniface obverse and reverse specimen 100 yuan, ND (1938), red zero serial numbers, black, green and pale orange, Confucius at right, Ta Ch’eng Tien bulding at right, dragon at left and right, reverse brown, storage silos (Pick J137s1), red SPECIMEN overprint and number 1208, Estimate HK$1,500-2,000

698 Japanese Invasion Money, 2.5 Rin, no date (1940), serial number 008, vertical format, black on brown dragon underprint, red seal at bottom, black vignette stating denomination on reverse (Pick M6), very fine with minor damage on top border, scarce Estimate HK$6,000-7,000

161

BANKNOTES OF CHINA

698A Japanese Invasion Money, 10 yen, ND (1940-45), serial number 347984, brown and tan, dragon in the clouds at centre, good very fine, scarce Estimate HK$3,000-3,500

702 Japanese Military notes for China, a pack of 100 x 5 yen, 1938-1944, black and pale orange-brown, Michizane at right, red overprint (Pick M24), extremely fine (100) Estimate HK$5,000-5,500 699 J a p a n e s e M i l i t a r y i s s u e s d u r i n g Wo r l d Wa r I I i n C h i n a , a g r o u p c o m p r i s i n g 1 sen (3), 5 sen (3), 10 sen, 50 sen (2), 1 yen, 5 yen (10),10 and 20 yen, 5 yen, 10 yen (3), also French Indo-China 10 yen, 1942 (Pick M,7,8,9,10,11,13,14,15,17a,18,19a,21a,24a,2 5a,b,26a,Pick M6), generally very fine, many better (27) Estimate HK$1,200-1,600 700 Japanese Military issues, a group of notes from the 1940-1945 era (Pick M20a ff), mixed grades, generally very fine or better (41) Estimate HK$1,000-1,400

RUSSIA MILITARY/CHINA

703 Russia Military issues, China, 10 yuan, red, and 100 yuan, blue and pink, ND (1945), (Pick M33,34), extremely fine (2) Estimate HK$1,200-1,400

701 Japanese Military issues during World War II in China, a group comprising 1 yen (2), 5 yen, 10 yen (3), 100 yen (3), 100 yen (3), ND (1945) (Pick M22a,23a,24a,27a,27b,28,29,30 generally very fine, many better (26) Estimate HK$1,000-1,500

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MISCELLANEOUS/SHUN YEE SAVINGS BANK

GWA SWARMWUN YIACK BANK

706 Gwa Swarmwun Yiack Bank, $1 (2), green and pale orange, eagle and globe, also Lee Yick Cheong Bank, $1, Waisha-Swatow, black and pale blue, quayside at left in circular frame good very fine (3) Estimate HK$500-600 707 Selection of Chinese notes including Swatow Commercial Bonds Association, 20 dollars and 30 dollars, 1935, Chip Yah Bank, 5 dollars, 1914 grades varying from good to about uncirculated (6) Estimate HK$2,800-3,200

704 Shun Yee Savings Bank, brown and yellow, dragon top left and right, reverse blue-grey and pale orange-pink, bats in field very fine but the right hand half of the note is a forgery, unusual and well executed Estimate HK$3,000-4,000

EK ZOO BANK

YUNG HUNG BANK

705 Yung Hung Banking Corporation, an obverse and reverse proof $1 on India paper, green, railroad track at centre, reverse brown, pagoda at centre good very fine (2) Estimate HK$3,000-3,500

708 Ek Zoo Bank, Swatow, $1, ND, serial number 1581, green and pale cream, building at centre, reverse mauve, lion at centre, value at each corner some annotations, VG but presentable and scarce Estimate HK$10,000-11,000

163

BANKNOTES OF CHINA

THONG ENG PIEO

712 Mixed group, various banks a selection of notes of varying denomination and condition very mixed, from good to very fine (7) Estimate HK$700-900

709 Thong Eng Pieo, 2 jiao current money, violet and pink, boats at left, reverse red poor, scarce Estimate HK$6,000-6,500 713 Local Issues, including, Foh Lee Bank, 1 Jiao, 1933, Harbin, Commerce Chamber Provisional Note, 5 and 10 yuan, Bin Jiang Zhen Ye Bank, 1 yuan, almost very fine to uncirculated (4) Estimate HK$1,500-2,000

EASTERN MONGOLIA

710 E a s t e r n M o n g o l i a , X i n g A n P ro v i s i o n a l Government, 5 yuan, 1946, red serial number 859535, lilac and green, camels at left, reverse violet, man and cart at centre, value at left and right, fine and rare Estimate HK$4,000-4,500

711 Natuional Army, 2 yuan, 1927, serial number 1023, violet on orange, pagoda at centre, reverse light green (Pick S3915), very fine Estimate HK$2,000-2,500

714 Hua Tau Ho Bank, 3 yuan, serial number B 03737, black text on green and white, Russian text, reverse red on white, Russian and Chinese text (Pick S-), red circular handstamp low left, good very fine, scarce Estimate HK$2,000-2,500

715 Kiu Kiang Chi Tung, 10 coppers (2), ND (Guangxu era), blue on pink, two phoenixes at top, leafy border, reverse light green (Pick not listed), poor (2) Estimate HK$1,000-2,000

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ZHI FA BANK

717 Zhi Fa Bank, 10 silver yuan, 1928, yellow, and Shantou Jia Fang Zhuang Bank 10 silver yuan, 1925, orange-brown VG (2) Estimate HK$2,000-2,500

HARBIN

716 Qing Feng Yong, unissued 3 tiao (6), ND (Republican era), vertical format, blue and green, Chinese figures at top centre (Pick not listed), almost uncirculated (6) Estimate HK$800-1,200 718 Harbin, Administration of United Manchurian Mills, a 5 sen red overprint on a 5 rubles, serial number 0050, blue and white with text in Russian and Chinese. Text reads ‘Receipt can be changed in money or goods’ most unusual, fine and rare Estimate HK$1,500-2,500

165

BANKNOTES OF CHINA

SWATOW

719 Swatow private issue, Tan Hua Loong Chong, $5, violet and pale green vertical format, building top centre, reverse horizontal format, green, street scene very fine Estimate HK$650-700

721 You Gong Tang, 1 chuan, 1908, private issue, vertical format, green and black, steam locomotive at top, serial number and denomination bordered by blue mythical lions playing with a ball, orange and black reverse, mythical scene at centre, various red seal chopmarks and brush writing, very fine, attractive local Chinese artwork Estimate HK$1,500-1,800

MISCELLANEOUS

720 Yong Jiu County Supply and Marketing Cooperative, ND (1950), serial number 1 white paper, black text and red seals, good to very good Estimate HK$800-1,000

722 Lot of 10 money transfer receipts from the Republican era, various local banks and denominations (10), generally about very fine (10) Estimate HK$500-800

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726 Zhou Cun Commercial Bank, $10, Tsinan, 1916, red serial number ‘027187’, green and yellow, Chinese gazebo at left, wooden tower at right, reverse brown and blue, building at centre, slightly toning and couple of a small tape remnants on the top border, extremely fine, rare slightly toning and couple of a small tape remnants on the top border mounting traces, almost extremely fine, rare Estimate HK$4,000-5,000

723 Fu Xing Tai, 1 chuan, 1907, private issue, vertical format, red and black, Fu, Lu, Shou at top, Chinese text at centre, ornate traditional art border, green reverse with mythical scene, good fine Estimate HK$1,000-1,200

724 Provincial Bank of Kwangtung, lot of 15 notes, 1918 - 1949, all different notes in terms of series, denominations and signature combinations generally high grade (25) Estimate HK$1,500-1,800

727 Lot of 4 local/private bank issues from the Republican Era, Fou Pan Circulating Note for 200 coppers, Liu He Kou Mining Wages Certificate for 5jiao, The Gwa Swarmwun Yiack Bank for $1 and Kien Yang Hui Tung and Co 1 yuan generally about uncirculated - uncirculated (4) Estimate HK$1,200-1,500

CHINESE REVOLUTIONARY GOVERNMENT BOND

725 The Chinese Revolutionary Government, $100 bond, Canton, 1 January 1906, serial number 057006, red and white, classical designs slight thinning at centre otherwise good fine, scarce Estimate HK$6,000-8,000

167

BANKNOTES OF CHINA

728 The Tung nan Dispensary Credit Coupon, 1, 2 and 5 fen, Shanghai, no date, green, blue and red respectively, generally very fine (3) Estimate HK$2,500-2,800

731 Lot of 7 Republican era bond certificates, 4 from Kwangtung Province and 2 from Taiwan Province (7) Estimate HK$1,200-1,500

729 Provincial Banks, China a group of 10 notes from the Provincial banks, mainly fractional issues, mixed condition, 1918 $1 issued by Yu Sien Bank mixed grades (10) Estimate HK$1,200-1,500 732 Miscellaneous Lot of Republican era tickets/ receipts, 2 from China Postal Services, various sporting and social events (5) Estimate HK$200-500

730 Jiangsu Official Currency Bureau, 10 copper, 1924, red serial number ‘255186’, brown and green, Chinese city gates at centre, reverse blue ornate border (Pick not listed), extremely fine Estimate HK$1,500-1,800

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735 Fu Li Currency Bureau, 5 yuan, 1933, purple, Chinese pagoda and deer at centre, reverse purple with the denomination inplain vignette uncirculated Estimate HK$2,000-2,500

733 Private Issue, Zhen Ye Company, Wu Ning (Kiangsi), 1000 cash, unissued remainder Wu Ning County, Jiangsi Province, vertical formate, green, blue and yellow, ornate dragons chasing fireball, ocean at bottom, reverse red, Chinese rural scene (PNL), ), good very fine, a very attractive note with detailed traditional Chinese artwork Estimate HK$1,000-1,200

736 Bin Jiang Agricultural Bank, 1, 3, and 5 yuan savings receipts, no date, vertical format, green, light blue and pink respectively, flags of the Republican era on top, denomination in floral wreath, Chinese text on reverse, very good, fine, very fine respectively (3) Estimate HK$2,000-3,000

734 Changsha ‘Commerce Chambre’ Provisional Military Note, 1 yuan, ND but likely mid 1920’s, red serial number 097460, blue and pink, floral vignettes in four corners, reverse green and brown. This has been overprinted on a Hunan Commercial Bank $1 dated 1920 and is likely to have been used during the Northern Expedition which started in 1926 to date this is the only note of its type that the cataloguer has seen unusual and believed to be extremely rare Estimate HK$30,000-40,000

169

BANKNOTES OF CHINA

737 Bin Jiang Chambre of Commerce, 5 cents, 1jiao (1917) and 1 yuan (1919), blue, black and green respectively, (Pick not listed), good, good very fine and fine respectively (3) Estimate HK$1,200-1,500

738 Lot of 3 Private Bank issues, republican era, all vertical format, traditional designs, attractive and looks to be scarcer types than usually encountered fine to uncirculated (3) Estimate HK$1,000-1,200

740 Wan I Chuan, $2, 1908, unissued remainder, orange, twin dragons chasing fireball, reverse blue with two ‘Pei Yang’ silver dollars (Pick not listed), uncirculated with pencil writing on top margin of the obverse Estimate HK$5,000-6,000

741 Wan I Chuan, $10, 1906, unissued remainder, blue and black, twin dragon chasing fireball, reverse orange with ten ‘Pei Yang’ silver dollars (Pick not listed), uncirculated with pencil writing on top margin of the obverse Estimate HK$2,000-3,000

739 Wan I Chuan, $1, 1908, black, twin dragons chasing fireball, reverse green with a ‘Pei Yang’ silver dollar and official red seal chopmarks (Pick not listed), uncirculated with pencil writing on top margin of the obverse Estimate HK$1,800-2,000

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745 Xin Min Savings Bank, 10 yuan savings certificate, Beijing, 1924, purple and grey, Buddhist pagoda at centre, Chinese text on reverse, (Pick not listed) Estimate HK$2,000-2,500

742 Wan I Chuan, $5, 1904, orange border on white, reverse violet with five ‘Pei Yang’ silver dollars (Pick not listed), uncirculated with pencil writing on top margin of the obverse Estimate HK$3,000-4,000

743 Wan I Chuan, $1, 1906, issued note, white, with orange dragon borders, reverse white w i t h a s i n g l e o ff i c i a l r e d s e a l c h o p m a r k (Pick not listed), uncirculated with pencil writing on lower margin of the obverse Estimate HK$2,000-3,000 746 De Chang Yong, 200 coppers, private bank, unissued note, Jilin, no date (Xuantong ear 1908-1911), black and yellow, twin dragons chasing fireball, reverse pink, good very fine, attractive Estimate HK$800-1,000

744 Ministry of Finance Treasury Bills, $1 and $5, 1927, brown and red respectively, Chinese text on reverse, (Pick not listed) fine to very fine (2) Estimate HK$500-800 171

BANKNOTES OF CHINA

747 Wen Shui Yu Shang Currency Bureau, 3 jiao, 1926, red serial number ‘001485, dark green and brown, train at left, reverse brown and light green about uncirculated, scarce Estimate HK$1,800-2,200

750 Lot of local issues/shop coupons from the Republican era, various trades and denominations an interesting group (7) Estimate HK$1,000-1,200

748 Lot of 7 local issues/shop coupons from the Republican era, various trades and denominations, an interesting group (7) Estimate HK$1,000-1,200

749 Lot of 5 local issues/shop coupons from the Republican era, various trades and denominations, an interesting group (5) Estimate HK$1,000-1,200

751 Mixed group of notes including Market Stabilization Currency Bureau, 1, 5 yuan, 1923, 5 yuan, 1919-1920, blue, arched bridge at centre, brown, arched bridge at centre, green on cream, also Qing Dynasty, 2000 cash (Pick 623, 624, 628), good to fine (7) Estimate HK$4,000-6,000

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752 Zheng Xing Long (Private Issue), 1 chuan, no date (Guangxu era), unissued remainder, blue border compromising of traditional rural scenes, reverse blue with European building at top and beast hunting at bottom (PNL), good extremely fine, some minor border damage Estimate HK$500-800

754 Bank of Communications, $100000 circulating cashier’s cheque, unissued remainder, no date (1949), serial number GE042654, red and orange, hole punched at the top, reverse blank but with Chinese pen writing (Pick not listed), a very high denomination, rare, almost uncirculated with writing on reverse Estimate HK$500-800 755 Lot of 11 notes from provincial banks, including Taiwan, Shantung, Hopei, Shansi, etc, generally very fine(11) Estimate HK$500-800 756 Lot of 15 private/local issue notes from the Republican era very fine - uncirculated Estimate HK$500-800

753 Feng Ju Hao, 5000 copper, no date(Guangxu era), serial number ‘Ren’ prefix 1303, vertical format, ornate orange border with cranes at tope, trees and sea at bottom, large red stamp on reverse (PNL), uncirculated, a very rare and attractive local issue Estimate HK$5,000-7,000 173

BANKNOTES OF CHINA

757 National Construction Loan, 10,000 to 1,000,000 yuan, uniface obverse/reverse specimens in the official green cardboard folder, 6 denominations in total Estimate HK$1,200-1,500 757A Central Bank of China circulating cashier’s cheques, $1000 (14), and $10000 (13), vertical format, brown and blue respectively fien to good very fine (27) Estimate HK$600-800

758 Republican era Law Document, good very fine Estimate HK$500-800

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MASTERCARD

PAYMENT MADE BY MASTERCARD OR VISA ARE SUBJECT TO A 3% SURCHARGE TEL. HOME ______________________________________________ TEL. OFFICE ____________________________________________ CARD NO:

FAX

____________________________________________________

SIGNATURE

EXPIRY DATE

SIGNATURE _______________________________________________

START DATE:

ISSUE NO:

SECURITY CODE:

E-MAIL ________________________________________________ NAME (ON CREDIT CARD)

VAT NUMBER ___________________________________________

DIRECT BANK TRANSFER Please indicate the type of card:

DIRECT BANK TRANSFER V ISA MASTERCARD ACCOUNT NAME: Spink China Limited BANK: Bank of China (Hong Kong) Limited 01287500470625 ACCOUNT NO.: BKCHHKHHXXX SWIFT CODE: ANK ADDRESS : BY Bank of China Tower, Garden Road, Central, Hong Kong BAYMENT P MADE MASTERCARD OR V1ISA ARE SUBJECT TO A 3% SURCHARGE CARD Please NO: charge all purchases to my card

START DATE:

ISSUE NO:

SECURITY CODE:

Do not charge my card. I will arrange to D send yourCARD card) should you default on the payment terms agreed) SIGNATURE EXPIRY ATE payment. (Spink will only NAMEcharge (ON CREDIT Please hold my purchased lots for collection

DIRECT BANK TRANSFER

ACCOUNT NAME: Spink China Limited

Continued ...

DIRECT BANK TRANSFER BANK: Bank of China (Hong Kong) Limited

DATE

SALE NO.

Sunday Saturday19 18January January2014 2014 at 4.00 p.m. at 10 a.m.

14010 14011

PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN HONG KONG DOLLARS Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

BIDDING INCREMENTS Bidding generally opens below the low estimate and advances in the following order although the auctioneer may vary the bidding increments during the course of the auction. The normal bidding increments are: Up to HK$1,000 HK$1,000 to HK$3,000 HK$3,000 to HK$6,000 HK$6,000 to HK$10,000

by HK$50

by HK$100

by HK$200 or HK$300

by HK$500

HK$10,000 to HK$30,000 HK$30,000 to HK$60,000 HK$60,000 to HK$200,000 HK$200,000 and up

by HK$1,000

by HK$2,000 or HK$3,000

by HK$5,000 Auctioneer’s discretion

REFERENCES REQUIRED FOR CLIENTS NOT YET KNOWN TO SPINK

I authorise Spink to request financial reference from my bank and contact the auction houses or dealers stated as my trade reference.

I agree that in order to confirm references Spink disclose my details to these third parties.

TRADE REFERENCES

BANK REFERENCES

________________________________________________________________________________________ ____________________________________________________________________________________________________

買受人條款及條件

TERMS AND CONDITIONS FOR BUYERS These conditions set out the terms on which we (Spink China Limited of 9/F., Malaysian Consulate Building, 50 Gloucester Road, Hong Kong) contract with you (Buyer) either as agent on behalf of the Seller or as principal if we are the Seller. You should read these conditions carefully.

1 DEFINITIONS The following definitions in this condition apply in these conditions.

Buyer’s Premium

means the charge payable by you as a percentage of the Hammer Price, at the rates set out in clause 5.1 below;

Certificate of Authenticity

means a certificate issued by an Expert Committee confirming the authenticity of a Lot;

Expert Committee

means a committee of experts to whom a Lot may be sent for an extension in accordance with clause 3.4.3;

Forgery

means a Lot constituting an imitation originally conceived and executed as a whole with a fraudulent intention to deceive as to authorship, origin, age, period, culture or source where the correct description as to such matters is not reflected by the description in the catalogue and which at the date of the auction had a value materially less than it would have had if it had been in accordance with the description in the catalogue. Accordingly, no Lot shall be capable of being a Forgery by reason of any damage and/or restoration work of any kind (including re-enamelling);

Hammer Price

means the amount of the highest bid accepted by the auctioneer in relation to a Lot;

Lot

means any item deposited with us for sale at auction and, in particular, the item or items described against any lot number in any catalogue;

Reserve

the amount below which we agree with the Seller that the Lot cannot be sold;

Seller

means the owner of the Lot being sold by us;

Spink Group

Spink China Limited, Spink and Son Ltd, and our associated companies.

2 SPINK CHINA’S ROLE AS AGENT 2.1 All sales undertaken by us either at auction or privately are undertaken either as agent on behalf of the Seller or from time to time, as principal if we are the owner of the Lot. Please note that even if we are acting as agent on behalf of the Seller rather than as principal, we may have a financial interest in the Lot. 2.2 The contract for the sale of the Lot will be between you and the Seller.

3 BEFORE THE SALE 3.1 Examination of goods You are strongly advised to examine personally any goods in whichyou are interested, before the auction takes place. Condition reports are usually available on request. We provide no guarantee to you other than in relation to Forgeries, as set out in clause 5.10 of these Terms and Conditions.

3.2 Catalogue descriptions 3.2.1 Statements by us in the catalogue or condition report, or made orally or in writing elsewhere, regarding the authorship, origin, date, age, size, medium, attribution, genuineness, provenance, condition or estimated selling price of any Lot are merely statements of opinion, and are not to be relied on as statements of definitive fact.

Catalogue and web illustrations are for guidance only, and should not be relied on either to determine the tone or colour of any item.

No lot shall be rejected on the grounds of inaccurate reproduction.

No lot illustrated in the catalogue and online shall be rejected on the grounds of cancellation, centring, margins, perforation or other characteristics apparent from the illustration. Catalogue illustrations are for guidance only, and should not be relied on either to determine the tone or colour of any item or to reveal imperfections.

Estimates of the selling price should not be relied on as a statement that this price is either the price at which the Lot will sell or its value for any other purpose.

3.2.2 Many items are of an age or nature which precludes their being in perfect condition and some descriptions in the catalogue or given by way of condition report make reference to damage and/or restoration. We provide this information for guidance only and the absence of such a reference does not imply that an item is free from defects or restoration nor does a reference to particular defects imply the absence of any others.

3.2.3 Other than as set out in clause 5.8, and in the absence of fraud, neither the Seller nor we, nor any of our employees or agents, are responsible for the correctness of any statement as to the authorship, origin, date, age, attribution, genuineness or provenance of any Lot nor for any other errors of description or for any faults or defects

in any Lot. Every person interested should exercise and rely on his own judgment as to such matters.

3.3 Your Responsibility You are responsible for satisfying yourself as to the condition of the goods and the matters referred to in the catalogue description.

3.4 Extensions – Stamps only 3.4.1 If you wish to obtain an expert opinion or Certificate of Authenticity on any Lot (other than a mixed lot or lot containing undescribed stamps) you must notify us in writing not less than forty-eight hours before the time fixed for the commencement of the first session of the auction. If accepted by us, such request shall have the same effect as notice of an intention to question the genuineness or description of the Lot for the purposes of clause 5.8 of these Terms and Conditions and the provisions of clause 5.8 shall apply accordingly.

3.4.2 Notice of a request for an expert opinion or Certificate of Authenticity must give the reason why such opinion is required and specify the identity of your proposed expert which will be subject to agreement by us. We reserve the right, at our discretion, to refuse a request for an expert opinion or Certificate of Authenticity including (without limitation) where the proposed expert is not known to us.

3.4.3 If we accept a request for an expert opinion or Certificate of Authenticity we will submit the Lot to the Expert Committee.

You acknowledge and accept that the length of time taken by an Expert Committee to reach an opinion will vary depending on the circumstances and in any event is beyond our control.

3.4.4 We will not accept a request for an extension on account of condition. Any Lot described in the catalogue as having faults or defects may not be returned even if an expert opinion or Certificate of Authenticity cites other faults or defects not included in the catalogue description, other than in the case of a Forgery.

3.4.5 Should Spink China Limited accept a request for an extension under the foregoing provisions of this paragraph, the fact may be stated by the Auctioneer from the rostrum prior to the sale of the Lot. 3.4.6 It should be noted that any stamp accompanied by a Certificate of Authenticity is sold on the basis of that Certificate only and not on the basis of any other description or warranty as to authenticity. No request for an extension will be accepted on such a stamp and the return of such a stamp will not be accepted.

4 AT THE SALE 4.1 Refusal of admission Our sales usually take place on our own premises or premises over which we have control for the sale, and we have the right, exercisable at our complete discretion, to refuse admission to the premises or attendance at an auction.

4.2 Registration before bidding You must complete and sign a registration form and provide identification before making a bid at auction. Please be aware that we usually require buyers to undergo a credit check.

If you have not bid successfully with Spink in the past, or you are registering with us for the first time, we reserve the right to require a deposit of up to 50% of the amount you intend to spend. Such deposit will be deducted from your invoice should you be successful. If you are unsuccessful at auction, your deposit will be returned by the same means it was paid to Spink.

Some lots may be designated, prior to the auction, as “Premium lots”, which means a deposit may be required before placing a bid on the item for sale. Information will be posted on our website in such an event.

4.3 Bidding as Principal When making a bid (whether such bids are made in person or by way of telephone bids operated by Spink, commission or online or email bids), you will be deemed to be acting as principal and will be accepting personal liability, unless it has been agreed in writing, at the time of registration, that you are acting as agent on behalf of a third party buyer acceptable to us.

4.4 Commission Bids If you give us instructions to bid on your behalf, by using the form provided in our catalogues or via our website, we shall use reasonable endeavors to do so, provided these instructions are received not later than 24 hours before the auction. If we receive commission bids on a particular Lot for identical amounts, and at auction these bids are the highest bids for the Lot, it will be sold to the person whose bid was received first.

Commission bids are undertaken subject to other commitments at the time of the sale, and the conduct of the auction may be such that we are unable to bid as requested. Since this is undertaken as a free service to prospective buyers on the terms stated, we cannot accept liability for failure to make a commission bid. You should therefore always attend personally if you wish to be certain of bidding. All commission bids should be sent to 9/F Malaysian Consulate Building, 50 Gloucester Road, Hong Kong up till 24 hours prior to the sale.

4.5 On-line Bidding We offer internet services as a convenience to our clients. We will not be responsible for errors or failures to execute bids placed on the internet, including, without limitation, errors or failures caused by (i) a loss of internet connection by either party for whatever reason; (ii) a breakdown or problems with the online bidding software and/or (iii) a breakdown or problems with your internet connection, computer or system. Execution of on-line internet bids is a free service undertaken subject to other commitments at the time of the auction and we do not accept liability for failing to execute an online internet bid or for errors or omissions in connection with this activity.

4.6 Telephone Bids If you make arrangements with us not less than 24 hours before the sale, we shall use reasonable endeavors to contact you to enable you to participate in bidding by telephone, but in no circumstances will we be liable to either the Seller or you as a result of failure to do so.

4.7 Currency Converter At some auctions, a currency converter will be operated, based on the one month forward rates of exchange quoted to us by Bank of China or any other appropriate rate determined by us, at opening on the date of the auction. Bidding will take place in a currency determined by us, which is usually Hong Kong dollars for auctions held in Hong Kong. The currency converter is not always reliable, and errors may occur beyond our control either in the accuracy of the Lot number displayed on the converter, or the foreign currency equivalent of Hong Kong dollar bids. We shall not be liable to you for any loss suffered as a result of you following the currency converter.

4.8 Video images At some auctions there will be a video screen. Mistakes may occur in its operation, and we cannot be liable to you regarding either the correspondence of the image to the Lot being sold or the quality of the image as a reproduction of the original.

4.9 Bidding Increments Bidding generally opens below the low estimate and advances in the following order although the auctioneer may vary the bidding increments during the course of the auction. The normal bidding increments are: HK$100 to HK$2,000 by HK$100 HK$2,000 to HK$3,000 by HK$200 HK$3,000 to HK$5,000 by HK$200 or HK$300 HK$5,000 to HK$10,000 by HK$500 HK$10,000 to HK$20,000 by HK$1,000 HK$20,000 to HK$30,000 by HK$2,000 HK$30,000 to HK$50,000 by HK$2,000 or HK$3,000 HK$50,000 to HK$100,000 by HK$5,000 HK$100,000 to HK$ 200,000 by HK$10,000 HK$200,000 to HK$300,000 by HK$20,000 HK$300,000 to HK$500,000 by HK$20,000 or HK$30,000 HK$500,000 and up at Auctioneer’s discretion 4.10 Bidding by the Spink Group 4.10.1 We reserve the right to bid on Lots on the Seller’s behalf up to the amount of the Reserve (if any), which will never be above the low estimate printed in the auction catalogue.

4.10.2 The Spink Group reserves the right to bid on and purchase Lots as principal.

4.11 The Auctioneer’s Discretion The auctioneer has the right at his absolute discretion to refuse any bid to advance the bidding in such manner as he may decide to withdraw or divide any Lot, to combine any two or more Lots and, in the case of error or dispute, to put an item up for bidding again.

4.12 Successful Bid Subject to the auctioneer’s discretion, the striking of his hammer marks the acceptance of the highest bid, provided always that such bid is higher than the Reserve (where applicable), and the conclusion of a contract for sale between you and the Seller.

4.13 After Sale Arrangements If you enter into any private sale agreements for any Lot with the Seller within 60 days of the auction, we, as exclusive agents of the Seller reserve the right to charge you the applicable Buyer’s Premium in accordance with these Terms and Conditions, and the seller a commission in accordance with the terms of the seller’s agreement.

4.14 Return of Lot Once your bid has been accepted for a Lot then you are liable to pay for that Lot in accordance with these Terms and Conditions. If there are any problems with a Lot then you must notify us within 7 days of receipt of the Lot, specifying the nature of the problem. We may then request that the Lot is returned to us for inspection. Save as set out in clause 5.8, the cancellation of the sale of any Lot and the refund of the corresponding purchase price is entirely at our sole discretion. We will not normally exercise that discretion if the Lot is not received by us in the same condition that it was in at the auction date.

5 AFTER THE AUCTION 5.1 Buyer’s Premium In addition to the Hammer Price, you must pay us the Buyer’s Premium at a rate of 20% of the final Hammer Price of each Lot. 5.2 Payment 5.2.1 You must provide us with your full name and permanent address and, if so requested, details of the bank from which any payments to us will be made. You must pay the full amount due on your invoice within seven days after the date of the sale. This applies even if you wish to export the Lot and an export license is (or may be) required.

5.2.2 You will not acquire title to the Lot until all amounts due to us have been paid in full. This includes instances where special arrangements were made for release of Lot prior to full settlement.

5.2.3 Payment should be made in Hong Kong Dollars by one of the following methods: (i) Direct bank transfer to our account details of which are set out on the invoice. All bank charges shall be met by you.

Please ensure that your client number is noted on the transfer.

(ii) By cheque or bank draft made payable to Spink China Limited.

Please note that the processing charges for payments made by cheques or bank drafts drawn on a non-Hong Kong bank shall be met by you. Please ensure that the remittance slip printed at the bottom of the invoice is enclosed with your payment. (iii) By Visa or Mastercard. A charge of 3% will be applied. By American Express, a charge of 4% will be applied. We are not responsible for any foreign exchange losses or charges that you may incur in connection with such card payments.

5.2.4 Payments should be made by the registered buyer and not by third parties, unless it has been agreed at the time of registration that you are acting as an agent on behalf of a third party.

5.3 Notification We are not able to notify successful bidders by telephone. While Invoices are sent out by mail after the auction we do not accept responsibility for notifying you of the result of your bid. You are requested to contact us by telephone or in person as soon as possible after the auction to obtain details of the outcome of your bids to avoid incurring charges for late payment.

5.4 Collection, Packing and Handling of Purchases 5.4.1 Unless specifically agreed to the contrary, we shall retain lots purchased until all amounts due to us, or to the Spink Group, have been paid in full. Buyers will be required to pay for their lots when they wish to take possession of the same, which must be within 7 days of the date of the sale, unless prior arrangements have been made with Spink. Lots will not be released until cleared funds are received with regard to payments made by cheque.

5.4.2 Lots may be collected from 9/F Malaysian Consulate Building, 50 Gloucester Road, Hong Kong. In the event where a cheque or bank draft payable to Spink China Limited has been presented to us, unless we specifically agree to the contrary, no Lots shall be released before the cheque or bank draft has cleared where such funds have been credited into our bank account.

5.4.3 A purchased Lot shall be at your risk in all respects from the time of collection or the expiry of seven days from the date of sale, whichever is sooner, and neither Spink China Limited nor its employees nor agents shall thereafter be liable for any loss or damage of any kind, whether caused by negligence or otherwise, while any Lot is in or under their respective custody or control.

5.4.4 If required our shipping department may arrange shipment as your agent. Although we may suggest carriers if specifically requested, our suggestions are made on the basis of our general experience of such parties in the past and we are not responsible to any person to whom we have made a recommendation for the acts or omissions of the third parties concerned.

5.4.5 We shall use all reasonable endeavors to take care when handling and packing a purchased Lot but remind you that after seven days or from the time of collection, whichever is sooner, the Lot is entirely at your risk.

5.4.6 It is the responsibility of the Buyer to be aware of any Import Duties that may be incurred upon importation to the final destination. Spink will not accept return of any package in order to avoid these duties.

The onus is also on the Buyer to be aware of any Customs import restrictions that prohibit the importation of certain collectibles.

Spink will not accept return of the Lot(s) under these circumstances.

Spink will not accept responsibility for Lot(s) seized or destroyed

by Customs.

5.4.7 If the Buyer requires delivery of the Lot to an address other than the invoice address this will be carried out at the discretion of Spink.

5.5 Remedies for non-payment or failure to collect purchases 5.5.1 If you fail to make payment within seven days of your stipulated payment date set out in your invoice, we shall be entitled to exercise one or more of the following rights or remedies: 5.5.1.1 to charge interest at the rate of 2% per month compound interest, calculated on a daily basis, from the date the full amount is due; 5.5.1.2 to set off against any amounts which the Spink Group may owe you in any other transaction the outstanding amount

remaining unpaid by you; 5.5.1.3 we may keep hold of all or some of your Lots or other property in the possession of the Spink Group until you have paid all the amounts you owe us or the Spink Group, even if the unpaid amounts do not relate to those Lots or other property. Following fourteen days’ notice to you of the amount outstanding and remaining unpaid, the Spink Group shall have the right to arrange the sale of such Lots or other property. We shall apply the proceeds in discharge of the amount outstanding to us, and pay any balance to you; 5.5.1.4 where several amounts are owed by you to the Spink Group in respect of different transactions, to apply any amount paid to discharge any amount owed in respect of any particular transaction, whether or not you so direct; 5.5.1.5 to reject at any future auction any bids made by you or on your behalf or obtain a deposit from you before accepting any bids.

5.5.2

If you fail to make payment within thirty-five days, we shall in addition be entitled:

5.5.2.1 to cancel the sale of the Lot or any other item sold to you at the same or any other auction; 5.5.2.2 to arrange a resale of the Lot, publicly or privately, and, if this results in a lower price being obtained, claim the balance from you together with all reasonable costs including a 20% seller’s commission, expenses, damages, legal fees, commissions and premiums of whatever kind associated with both sales or otherwise, incurred in connection with your failure to make payment; or 5.5.2.3 take any other appropriate action as we deem fit.

5.6 Failure to collect Where purchases are not collected within fourteen days after the sale, whether or not payment has been made, you will be required to pay a storage charge of HKD 30 per item per day plus any additional handling cost that may apply. You will not be entitled to collect the Lot until all outstanding charges are met, together with payment of all other amounts due to us.

5.7 Export License 5.7.1 You should always check whether an export licence is required before exporting.

5.7.2 Unless otherwise agreed by us in writing, the fact that you wish to apply for an export license does not affect your obligation to make payment within seven days nor our right to charge interest on late payment.

5.7.3 We will not be obliged to rescind a sale nor to refund any interest or other expenses incurred by you where payment is made by you despite the fact that an export license is required.

5.8 Refund in the case of Forgery 5.8.1 A sale will be cancelled, and the amount paid refunded to you if a Lot (other than a miscellaneous item not described in the catalogue) sold by us proves to have been a Forgery. We shall not however be obliged to refund any amounts if either (a) the catalogue description or saleroom notice at the auction date corresponded to the generally accepted opinion of scholars or experts at that time, or fairly indicated that there was a conflict of opinions, or (b) it can be demonstrated that the Lot is a Forgery only by means of either a scientific process not generally accepted for use until after publication of the catalogue or a process which at the date of the auction was unreasonably expensive or impracticable or likely to have caused damage to the Lot. Furthermore, you should note that this refund can be obtained only if the following conditions are met: 5.8.1.1 you must notify us in writing, within seven days of the auction date, that in your view the Lot concerned is a forgery; 5.8.1.2 you must then return the item to us within fourteen days, in the same condition as at the auction date; and 5.8.1.3 as soon as possible following return of the Lot, you must

produce evidence satisfactory to us that the Lot is a Forgery and that you are able to transfer good title to us, free from any third party claims.

5.8.2 In no circumstances shall we be required to pay you any more than the amount paid by you for the Lot concerned and you shall have no claim for interest.

5.8.3 The benefit of this guarantee is not capable of being transferred, and is solely for the benefit of the person to whom the original invoice was made out by us in respect of the Lot when sold and who, since the sale, has remained the owner of the Lot without disposing of any interest in it to any third party.

5.8.4 We shall be entitled to rely on any scientific or other process to establish that the Lot is not a Forgery, whether or not such process was used or in use at the date of the auction.

6 LIABILITY Nothing in these Terms and Conditions limits or excludes our liability for: 6.1 death or personal injury resulting from negligence; or 6.2 any damage or liability incurred by you as a result of our fraud or fraudulent misrepresentation.

7 COPYRIGHT 7.1 We shall have the right (on a non-exclusive basis) to photograph, video or otherwise produce an image of the Lot. All rights in such an image will belong to us, and we shall have the right to use it in whatever way we see fit.

7.2 The copyright in all images, illustrations and written material relating to a Lot is and shall remain at all times our property and we shall have the right to use it in whatever way we see fit. You shall not use or allow anyone else to use such images, illustrations or written material without our prior written consent.

8 NOTICES All notices given under these Terms and Conditions may be served personally, sent by 1st class post, or faxed to the address given to the sender by the other party. Any notice sent by post will be deemed to have been received on the second working day after posting or, if the addressee is overseas, on the fifth working day after posting. Any notice sent by fax or served personally will be deemed to be delivered on the first working day following dispatch.

9 ADDITIONAL PROVISIONS 9.1 Limitation of Liability Subject to clause 6, we shall not be liable, whether in tort (including for

negligence) or breach of statutory duty, contract, misrepresentation or otherwise for any: 9.1.1 loss of profits, loss of business, depletion of goodwill and/or similar losses, loss of anticipated savings, loss of goods, loss of contract, loss of use, loss of corruption of data or information; or 9.1.2 any special, indirect, consequential or pure economic loss, costs, damages, charges or expenses.

9.2 Severability If any part of these Terms and Condition is found by any court to be invalid, illegal or unenforceable, that part may be discounted and the rest of the conditions shall continue to be valid and enforceable to the fullest extent permitted by law.

9.3 Force majeure We shall have no liability to you if we are prevented from, or delayed in performing, our obligations under these Terms and Conditions or from carrying on our business by acts, events, omissions or accidents beyond our reasonable control, including (without limitation) strikes, lock-outs or other industrial disputes (whether involving our workforce or the workforce of any other party), failure of a utility service or transport network, act of God, war, riot, civil commotion, malicious damage, compliance with any law or governmental order, rule, regulation or direction, accident, breakdown of plant or machinery, fire, flood, storm or default of suppliers or subcontractors.

9.4 Waiver 9.4.1 A waiver of any right under these Terms and Conditions is only effective if it is in writing and it applies only to the circumstances for which it is given. No failure or delay by a party in exercising any right or remedy under these Terms and Conditions or by law shall constitute a waiver of that (or any other) right or remedy, nor preclude or restrict its further exercise. No single or partial exercise of such right or remedy shall preclude or restrict the further exercise of that (or any other) right or remedy.

9.4.2 Unless specifically provided otherwise, rights arising under these Terms and Conditions are cumulative and do not exclude rights provided by law.

9.5 Law and Jurisdiction 9.5.1 These Terms and Conditions and any dispute or claim arising out of or in connection with them or their subject matter, shall be governed by, and construed in accordance with Hong Kong laws.

9.5.2 The parties irrevocably agree that the courts of Hong Kong shall have non-exclusive jurisdiction to settle any dispute or claim that arises out of, or in connection with, Terms and Conditions or their subject matter.

© Copyright 2014

HK$250

STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES

9/F Malaysian Consulate Building, 50 Gloucester Road, Wanchai, Hong Kong Telephone +852 25 300 100 Fax +852 25 266 128 e-mail china@spink.com www.spink.com

香港及澳門紙幣 2014年01月18至19日假香港及于以下互聯網平台同步舉行

YOUR SPINK TEAM FOR

,

拍賣會地點

Barnaby Faull bfaull@spink.com

電話：+44 (0)20 7563 4044

斯賓克中國 馬來西亞領事館大廈9樓 香港告士打道50號 電話: +852 25 300 100 傳真: +852 25 266 128

(Available until 14 January) Andrew Pattison apattison@spink.com

電話：+44 (0)20 7563 4044 Anna Lee

china@spink.com

拍賣會詳情

電話：+852 25 300 100 ,

2014年1月18日(星期六)約下午5時，Lot 759 - 1102 2014年1月19日(星期日)上午10時，Lot 1103 - 1379 出價競投或查詢時列明拍賣編號為14010 Pagoda

, Amy Yung china@spink.com 電話：+852 25 300 100 傳真：+852 25 266 128

預展時間

Newton Tsang china@spink.com : +852 25 300 100

香港辦事處地址: 香港告士打道50號9樓 2014年1月15日(星期三) 只限預約 2014年1月16日(星期四)上午10時至下午6時 2014年1月17日(星期五) 上午10時至下午5時

Raymond Tat china@spink.com : +852 25 300 100

從2013年9月8日起，斯賓克盛意為你介紹全新Spink Live實時競投。只需登入

Miroslava Adusei-Poku auctionteam@spink.com + 44 (0)20 7563 4020

欠 圖

我們網站便可即時觀看拍賣會實況。如需協助，請致電+852 25 300 100 或電

(2014

郵致 china@spink.com

1 14

, 顧客可憑此QR 碼查看我們網上拍賣目錄並于Spink Live進行委託競投。

Newton Tsang china@spink.com : +852 25 300 100

顧客可從iPhone, Blackberry 及Android App Store 下載QR閱讀軟體至智能 手機享用此項功能。

The Spink Environment Commitment: Paper from Sustainable Forests and Clean Ink

Angie lhlofung aihlofung@spink.com : +852 25 201 310

Spink has a long history of preserving not only collectables but our planet, too. We are proud to ensure that our policy of sustainability and conservation keeps up with Spink’s growth, helping improve the environment for new generations of collectors.

We insist that our printers source all paper used in the production of Spink catalogues from FSC and/or PEFC suppliers and use non-hazardous inks. We also ask they hold the environmental standard ISO 14001.

Spink recycle all ecological material used on our premises and we encourage you to recycle your catalogue once you have finishe d with it.

,

china@spink.com

: +852 25 300 100

: +852 25 266 128. ,

, www.spink.com

:

BANKNOTES OF HONG KONG AND MACAU

NOTICE TO BIDDERS Dear Bidder, We welcome you to our auction house. Please note the points below to assist you with the registration, bidding and payment at our auctions.

REGISTRATION FOR BIDDING: If you are registering with us for the first time or have not bid successfully in the past, we require a deposit of HK$50,000. If you intend to bid more than HK$200,000 the deposit may be higher. The deposit will be deducted from your invoice should your bid be successful. If you are unsuccessful, your deposit will be returned by the same means by which it was paid. In addition we will ask for your bank and trade references.

We encourage new clients to register for bidding at least 48 hours prior to the commencement of the sale to allow sufficient time to process the registration.

Prior to the auction, some lots may be designated as “Premium Lots”, which means a deposit may be required before placing a bid on the item for sale.

Information will be posted on our website in such an event.

Spink have the right at our own discretion to refuse admission to our premises, attendance at an auction and decline submitted bids.

BIDDING METHODS: In person You will be given a registration form that you will need to fill in providing your up to date address and contact details. Please always have your photo ID with you and, if you are bidding on behalf of a company, your business registration. ID information is collected for registration purposes only and will be kept confidential.

Submitting a bid form by email/post/fax Again please always provide your full up-to-date contact details together with the lot numbers and the amounts up to which you would like us to bid on your behalf exclusive of Buyer’s Premium/tax/postage. Should you not receive our email confirmation of your bids having been received please call our office to make sure they have been received and processed.

Submitting bids via our website To submit bids via our website www.spink.com you need to be registered and logged in. You can leave bids via this method up to 3 hours before the commencement of the sale.

Bidding live on Spink Live You must be registered and logged into our website www.spink.com. The live bidding applet can be accessed from one week prior to the sale via the Spink Live button on our homepage. You will see ‘Auction not yet started’ message that will be replaced about one hour before the commencement of the sale with the live feed. You will be able to see and hear the auctioneer live during the sale.

Telephone bidding We reserve this service for bidding on lots of value exceeding HK$10,000.

Bidding via agent Your agent has to inform us prior to the sale that he or she will be bidding on your behalf, and the usual sale registration has to take place. He or she has to provide a letter of authorisation signed by you.

Please place your bids following our usual bidding increments published in the Terms and Conditions for Buyers.

Please note that commission and telephone bids are undertaken subject to other commitments at the time of the sale, and the conduct of the auction may be such that we are unable to bid as requested. Since this is undertaken as free service we cannot accept liability for failure to make a commission bid.

Buy bids and plus one bids will not be accepted.

than a mixed lot or lot containing un-described stamps, are requested to notify Spink in writing no less than 48 hours before the commencement of the sale. Reason why such opinion is required must be stated together with the identity of an expert for Spink to consider such a request.

Extensions requested on account of condition will not be accepted for expert opinions.

PAYMENT METHODS: Payments should be made by the registered buyer and not by third parties, unless it has been agreed upon at the time of registration that you are acting as an agent on behalf of a third party.

Payments are due within seven days after the date of the sale unless it has been confirmed to you in writing since July 2013 that you are an approved credit client. If payment is not received by Day 35, the sale will be cancelled. If you are also a vendor in the sale, please note offsets are not available.

Payment may be made by one of the following methods: Direct bank transfer to the following account, quoting invoice and client number as reference. All bank charges should be met by you.

Account Name: Spink China Limited Bank: Bank of China (Hong Kong) Limited Account No.: 01287500470625 SWIFT code: BKCHHKHHXXX Bank address: Bank of China Tower, 1 Garden Road, Central, Hong Kong Credit card (VISA , Mastercard and CUP): A 3% surcharge will be applied.

American Express: A 4% surcharge will be applied. The amount will be converted into Pound Sterling and processed in Spink London office.

For all card payments there are limits to the amounts we will accept depending on the type of card being used and whether the cardholder is present or paying over the telephone. To make a payment by card please call our office at +852 25 300 100 or email china@spink.com.

Hong Kong cheque drawn on HK branch of bank: Cheques should be made payable to Spink China Limited and must have cleared before your purchases can be collected or sent to you.

Bankers draft/cashier’s cheque: If you provide suitable proof of identity and we are able to make checks that satisfy ourselves as to the genuineness of the draft or cheque then you may collect your purchases immediately.

Cash: You may pay for lots purchased by cash in the currency of the sale.

We may accept small amounts in GBP, US$ and EUR. COLLECTION OF LOTS AND SHIPPING: All lots have to be paid for in full before they can be collected or shipped. If an invoice is partly paid no lots will be released from that invoice.

It is the responsibility of the buyer to be aware of any import duties or import restrictions in the final destination. Spink will not accept return of any package in order to avoid these duties.

Please be aware that your purchased lots will be at your risk in all respects from the time of collection or the expiry of seven days from the date of sale, whichever is sooner.

If you require sending your lots to an address different from the address on the invoice, this will be carried out at the discretion of Spink.

Please make yourself aware of any Saleroom notices published on lots you are interested in bidding on.

FOR ANY FURTHER INFORMATION PLEASE CONTACT OUR AUCTION TEAM AT +852 25 300 100 or china@spink.com.

EXTENSIONS (STAMPS ONLY): Prospective buyers, who wish to obtain an expert opinion on any lot other

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January 18 & 19, 2014 - Hong Kong

3

BANKNOTES OF HONG KONG AND MACAU

Hong Kong Headings Australia The Commercial Bank of Australia

French Indochina 759 – 761

Hong Kong

Hong Kong and Shanghai Banking Corporation Banque de l'Indo-Chine

Government of Hong Kong

762 – 798

Institut d'Emission des Etats du Cambodge,

Asiatic Banking Corporation

799 – 801

du Laos et du Viet-Nam

Chartered Bank of India, Australia and China 802 – 832

Indonesia

Chartered Bank

833 – 913

Bank Indonesia

Standard Chartered Bank

914 – 935

Japan

Hong Kong and Shanghai Banking Corporation

Japanese Hansatsu

936 – 1226 Bank of China Government of Hong Kong

Yamoto Province

1336

1337 – 1339 1340 1341 1342 – 1354 1355

1227 – 1228

Japanese Hansatsu

1356 – 1362

1229

Government Issues

1363

Mercantile Bank of India Limited

1230 – 1253

Malaya

Bank of China

1254 – 1256

Board of Commissioners

1364

Malaya and British Borneo

1365

Standard Chartered Bank Miscellaneous Oriental Banking Corporation

1257 1258 – 1265 1266

Netherlands East Indies Netherlands East Indies

Hong Kong Special Administration Region

New Zealand

Government 1267

Reserve Bank of New Zealand

Hong Kong Jockey Club

North Korea

Banco Nacional Ultramarino Tang Tung Cheng Bank Kee Kwan Motor Road Co LTD Tung Yung Piao

1268 1269 – 1326 1327 1328-1329 1330

World Notes

North Korea Central Bank

1366 1367 1368

PENANG Chartered Bank of India, Australia & China

1369

Sarawak Government of Sarawak

Commonwealth of Austrialia

1331

Seychelles

British North Borneo

1332

Government of the Seychelles

1370 1371

Cambodia 1333

Republic of Singapore

Fiji 1334-1335

Government of Tibet

1378

United States of America

1379

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1372 – 1377

January 18 & 19, 2014 - Hong Kong

Foreword I always look forward to our annual Hong Kong Auction. I love the enthusiasm of Hong Kong and the meeting of old friends to discuss ‘the Spink sale’ and what we have managed to find this time. I know the New Year auction is always keenly anticipated so I hope we don’t disappoint this time. I have participated in many sales over the last thirty years and I have watched the market fluctuate during the good and the thin times. The market now is unrecognisable from our first ‘Spink-Taisei’ auctions.

Catalogue production is infinitely more advanced and the marketplace has expanded dramatically, both in terms of knowledge and in value. This year we have so many notes we decided to split them into two catalogues. We are offering a fascinating range of Chinese currency in the first catalogue and then Hong Kong and Macau in the second. Together, these total almost 1400 lots covering a wide range of types, quality and prices.

Some Chinese highlights include some truly spectacular archive material from China, a group of Asiatic Banking Corporation notes from the 19th century, the ever popular Pei Yang Tientsin and Pei Yang Kin-Fu banks, Chekiang and Kiangsu banks, some very rare Russo-Asiatic and Russo-Chinese banknotes and a lovely group of Banque Industrielle de Chine issues from Peking, Canton, Shanghai, Swatow and Tientsin. These wonderful currency notes with their flamboyant and colourful designs look like proper money! There are also large and impressive selections of Imperial, Provincial and People’s Bank issues.

The Hong Kong catalogue features an extremely rare Asiatic Banking Corporation for Hong Kong group, a varied Government of Hong Kong selection, some superb Chartered Bank notes including an issued $5 from 1879 and another from 1906 and a hitherto unknown $50 of 1919. A large group of Hong Kong and Shanghai Bank issues including the ‘Queen Victoria’ $100, a fine run of $10, an issued ‘Apollo’ $50 and numerous other rarities. The Mercantile Bank notes are highlighted by a $100 of 1964 with serial number A 000002. There is also a group of Macau, including a 100 patacas of 1919.

As always, I wish all our collector’s good luck in finding that elusive note and I hope the catalogues meet all your expectations. thank you, Barnaby and Andrew

Lot 1242

5

BANKNOTES OF HONG KONG AND MACAU

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January 18 & 19, 2014 - Hong Kong

SATURDAY 18 JANUARY 2014 Commencing at 5.30 p.m. (Lot 759 -1102) SUNDAY 19 JANUARY 2014 Commencing at 10 a.m.(Lot 1103 -1379) All Sales are subject to the terms and Condition for Buyers printed at the back of this catalogue Estimates The extimated selling price of each lot is printed below the lot description and does not include Buyer's Premium. bidders should bear in mind that estimates are prepared well in advance of the sale and are not definitive.

They are subject to revision.

BANKNOTES OF HONG KONG, MACAU AND WORLD AUSTRALIA/AN EXCEPTIONAL GROUP OF ‘GOLD FIELD’ NOTES

759 The Commercial Bank of Australia, specimen, £5, Melbourne, 18-, no serial numbers, black and grey-blue, oval vignette at upper centre of maiden, caduceus, globe, anchor and barrels, Chinese text at left and right (for benefit of Chinese workers in the gold mines), uniface, (Vort-Ronald page 135 for type, Pick S not listed), in PCGS holder 58, choice about new, PPQ, very rare Estimate HK$40,000-50,000

760 The Commercial Bank of Australia, specimen, £10, Melbourne, 18-, serial number A10001, black and green, oval vignette at upper centre of maiden, caduceus, globe, anchor and barrels, Chinese text at left and right (for benefit of Chinese workers in the gold mines), uniface, perforated SPECIMEN BW&Co LONDON (Vort-Ronald page 135 for type, Pick S not listed), pencil date ‘July 19’ at upper left, in PCGS holder 53, about new, PPQ, extremely rare Estimate HK$50,000-60,000 1

BANKNOTES OF HONG KONG AND MACAU

761 The Commercial Bank of Australia, specimen, £20, Melbourne, 18-, serial number A02438 (dropped digit), black and lilac-magenta, oval vignette at upper centre of maiden, caduceus, globe, anchor and barrels, Chinese text at left and right (for benefit of Chinese workers in the gold mines), uniface, (Vort-Ronald page 135 for type, Pick S not listed), in PCGS holder 55, (apparent) choice about new, excessively rare, a magnificent note Estimate HK$60,000-80,000

HONG KONG/GOVERNMENT OF HONG KONG

762 Government of Hong Kong, obverse and reverse die proof $1, ND (1935), purple and white, George V at right, value at left, reverse purple and white, value at centre and at each corner (Pick 311, Ma G10), ink date ‘JUNE 5th 35’ in top margin, in PCGS folders 64 (apparent) very choice new and 62, (apparent) new, very rare Estimate HK$7,000-9,000

763 Government of Hong Kong, specimen $1, ND (1935), serial number A 000001-H 1000000, purple, light green and pink, George V at right in oval frame, value at left and at each corner, printed signature of Edwin Taylor low centre, reverse purple and white, value at centre and at each corner (Pick 311, Ma G10), annotation in top margin, perforated CANCELLED, in PCGS holder 40, extremely fine, PPQ, several corner folds, rare Estimate HK$12,000-16,000

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January 18 & 19, 2014 - Hong Kong 764 No Lot

767 Government of Hong Kong, lot of 5 fractional notes from the 1940’s containing 5 cents 1941 (3), 5cents 1945 and 10cents 1941 (Ma G4, G5 and G7), uncirculated (5) Estimate HK$1,800-2,200

765 Government of Hong Kong, lot of 6 fractional notes from the 1940’s to 1950’s containing 1 cent 1941 (1), 5ents 1941 (1), 10cents 1941 (1), also 1 cent to 10cents with Queen Elizabeth II (Ma G1, G4, G7, G3, G6 and G9), uncirculated (6) Estimate HK$800-1,000

768 Government of Hong Kong, 10 cents (46), no date (1945), no serial numbers, red and white, George VI at right, denomination at four corners, reverse blank (Ma G8), uncirculated , this type seldom offered in quantity (46) Estimate HK$3,000-3,500

766 Government of Hong Kong, 1 cent, serial number A 0089333, dark brown, 5 cents (2), serial numbers 2248833 and 2336633, green and pale orange (Ma G1,4), uncirculated (3) Estimate HK$1,200-1,600

769 Government of Hong Kong, specimen $1, ND (1936), serial number J 000001-K 1000000, purple, light green and pink, George VI at right in oval frame, value at left and at each corner, printed signature of S Caine low centre, reverse purple and white, value at centre and at each corner (Pick 311, Ma G11), annotation ‘12.3.39’ in top margin, perforated CANCELLED, fresh good extremely fine and rare Estimate HK$6,000-8,000 3

BANKNOTES OF HONG KONG AND MACAU

770 Government of Hong Kong, $1, ND (1936), serial number N436512, purple on mutlicolour underprint, George VI at right, value at centre and each corner (Ma G11), in PMG holder 64, choice uncirculated Estimate HK$2,500-3,000

771 Government of Hong Kong, $1 (2), ND (1936), prefixes N and Q, purple and p a l e g r e e n a n d p i n k , G e o rg e V I a t r i g h t , value at left, reverse purple and white (Ma G11), uncirculated (2) Estimate HK$3,000-4,000

773 Government of Hong Kong, $1, ND (1936), prefix T, purple and pale green and pink, George VI at right, value at left, reverse purple and white(Ma G11), uncirculated Estimate HK$1,500-2,000

774 Government of Hong Kong, specimen $1, ND (1940), serial number A/1 000001- F/2 1000000, blue and pink, George VI at right in oval frame, value at left and at each corner, printed signature of H.R.Buttons low centre, reverse green and white, value at centre and at each corner (Pick 316, Ma G12), annotation ‘17.3.43’ in top margin, perforated SPECIMEN, fresh uncirculated and rare Estimate HK$6,000-8,000

772 Government of Hong Kong, $1 (3), ND (1936), serial number T 019401/402/403, purple and green and pink, George VI at right, reverse purple and white, value (Pick 312, Ma G11), in PCGS holders 35 very fine,53 about new,53 about new and rare consecutive run (3) Estimate HK$3,000-3,500

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January 18 & 19, 2014 - Hong Kong

775 Government of Hong Kong, $1 (7), no date (1940), black serial numbers, blue and yellow, George VI at right, denomination at four corners, reverse blue with central vignette(Ma G12), uncirculated, superb condition with strong embossing, including a run of four consecutive numbers (7) Estimate HK$7,000-8,000

777 Government of Hong Kong, $1 (2), 1949, serial number V/3 494541/542, green and lilac, George VI at right, value at left, reverse green and white, also Elizabeth II $1 (3), 1954 (2), 1955, prefixes 1E (2) and 1U, green, Elizabeth II at right, value at left(Ma G13,14), uncirculated (5) Estimate HK$3,000-4,000

776 Government of Hong Kong, $1 (3), ND (ca 1945), prefixes H/1 (2) and E/2, blue and pale green and pink, George VI at right, value at left, reverse blue and white(Ma G12), uncirculated (3) Estimate HK$3,500-4,000

778 Government of Hong Kong, $1, no date (1940), serial numbers X/I 163895, blue and yellow, George VI at right, denomination at four corners, reverse blue with central vignette, error note in that the obverse printing is prominently shifted to the left(Ma G12), uncirculated, rare as choice for such an early note Estimate HK$3,000-4,000

5

BANKNOTES OF HONG KONG AND MACAU 779 Government of Hong Kong, specimen $1, 1 January 1952, serial number A/5 000001-E/5 1000000, green and pink, George VI at right in oval frame, value at left and at each corner, printed signature of Arthur Clarke low centre, reverse green and white, value at centre and at each corner(Pick 324b, Ma G13, Cribb 2.60d), annotation ‘14.9.51’ in top margin, perforated SPECIMEN, fresh uncirculated and rare Estimate HK$5,000-6,000 781 Government of Hong Kong, specimen $1, 1 July 1952, serial number L/6 000001- V/6 1000000, green and pink, Elizabeth II at right in oval frame, value at left and at each corner, printed signature of Arthur Clarke low centre, reverse green and white, value at centre and at each corner(Pick 324Aa, Ma G14, Cribb 2.70), annotation ‘19.5.53’ in top margin on reverse, perforated SPECIMEN, fresh good extremely fine and rare Estimate HK$4,000-5,000 780 Government of Hong Kong, specimen $1, 9 April 1949, serial number A/3 000001-A/4 1000000, green and pink, George VI at right in oval frame, value at left and at each corner, printed signature of C.G.Fellows low centre, reverse green and white, value at centre and at each corner(Pick 324a, Ma G13, Cribb 2.60c), annotation ‘2.5.49’ in top margin, perforated SPECIMEN, slight scuffing otherwise fresh good extremely fine and rare Estimate HK$4,000-5,000 782 Government of Hong Kong, $1 (2), 1954, serial numbers 1E 888665 and IE888666, green and lilac, Elizabeth II at right, value at left, reverse green and white(Ma G14), in PCGS holders 66, gem new, PPQ, and a ‘good’ pair of numbers (2) Estimate HK$1,800-2,000

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January 18 & 19, 2014 - Hong Kong 786 Government of Hong Kong, $1 (6),1954,1955, 1956,1957,1958,1959, green, white and lilac, Elizabeth II at right, value at left (Pick 324Aa,b,Ma G14), uncirculated (6) Estimate HK$2,000-3,000

783 Government of Hong Kong, $1 (7), 1952 (2), 1954, 1955 (2) and 1957 (2), green and lilac, George VI/Elizabeth II at right, value at left, reverse green and white(Ma G13,14), one of the George VI notes good extremely fine, others uncirculated with some interesting numbers(7) Estimate HK$2,000-3,000

787 Government of Hong Kong, $1, 1 July 1955, serial numbers 1U779153-157, green, Elizabeth II at right, denomination at four corners, reverse green with central vignette (Ma G14), uncirculated and the key date for this type (5) Estimate HK$4,000-5,000

785 Government of Hong Kong, $1 (3), 1954 (2), 1955, prefixes 1K, green and lilac, Elizabeth II at right, value at left, reverse green and white(Ma G14), uncirculated (3) Estimate HK$1,800-2,000

784 Government of Hong Kong, $1 (10), 1 July 1955, serial numbers 1M 000001/2/3/4/5/6/7/8/9/10, green and lilac, Elizabeth II at right, value at left, reverse green and white, value at centre and at left and right(Pick 324Aa, Ma G14), all are in PMG individual holders 64 choice uncirculated 64,NET except number 6 and 9 which are 66 gem uncirculated EPQ, a great numbering sequence (10) Estimate HK$50,000-60,000

7

BANKNOTES OF HONG KONG AND MACAU 788 Government of Hong Kong, $1 (10), 1 June 1959, serial number 2J 074851-860, green, Elizabeth II at right, value at left, reverse green and white, value, printed signature of Arthur Clarke(Pick 324a, Ma G14), uncirculated (10) Estimate HK$1,200-1,800 789 Government of Hong Kong, $1 (10), 1 June 1959, serial number 2J 074861-870, green, Elizabeth II at right, value at left, reverse green and white, value, printed signature of Arthur Clarke(Pick 324a, Ma G14), uncirculated (10) Estimate HK$1,200-1,800 790 Government of Hong Kong, $1 (10), 1 June 1959, serial number 2J 074871-880, green, Elizabeth II at right, value at left, reverse green and white, value, printed signature of Arthur Clarke(Pick 324a, Ma G14), uncirculated (10) Estimate HK$1,200-1,800 791 Government of Hong Kong, $1 (10), 1 June 1959, serial number 2J 074881-890, green, Elizabeth II at right, value at left, reverse green and white, value, printed signature of Arthur Clarke(Pick 324a, Ma G14), uncirculated (10) Estimate HK$1,200-1,800

792 Government of Hong Kong, $1, 1 July 1957, serial numbers 3U992751-70, green, Elizabeth II at right, denomination at four corners, reverse green with central vignette(Ma G14), uncirculated, a superb run in choice condition (20) Estimate HK$4,000-5,000

793 Government of Hong Kong, $1, 1958, serial number 5D 123456, green and lilac, Elizabeth II at right, value at left, reverse green and white(Ma G14), good extremely fine and a popular sequential number Estimate HK$4,000-5,000

794 Government of Hong Kong, $1 (9), 1958, serial numbers 5P 000111/222/333/444/555/666/777/888 /999, green and lilac, Elizabeth II at right, value at left, reverse green and white(Ma G14), uncirculated and a very good sequential group (9) Estimate HK$8,000-12,000

795 Government of Hong Kong, $1 (35), 1 July 1959, serial numbers 6E978201-230 and 6F412376-380, green, Elizabeth II at right, denomination at four corners, reverse green with central vignette(Ma G14), uncirculated, superb run in choice condition (35) Estimate HK$4,000-5,000

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January 18 & 19, 2014 - Hong Kong

796 Government of Hong Kong, $1, 1959, serial number 6L 888888, green and lilac, Elizabeth II at right, value at left, reverse green and white(Ma G14), in PCGS holder 64, very choice new and a very ‘lucky’ solid number Estimate HK$18,000-20,000

797 Government of Hong Kong, a selection comprising $1, purple, $1, blue, both George VI at right, $1 (6), 1949,1952,1954,1956,1958,1959, all green , also fractional 1 cent (7), 5 cents (3),10 cents (4) (Pick 312,316,324a,b,324A,314,315a,b ff), mixed but generally good very fine or better (22) Estimate HK$2,500-3,000

798 Hong Kong Government, $10, 1 January 2005, ascending ladder serial number SA 123456, purple, blue and multicoloured, geometric patterns (Ma G19), in PMG holder 66, gem uncirculated, EPQ Estimate HK$1,800-2,500

9

BANKNOTES OF HONG KONG AND MACAU

AN EXTREMELY RARE GROUP OF ASIATIC BANKING CORPORATION BANKNOTES, HONG KONG ISSUE

799 Asiatic Banking Corporation, Hong Kong, specimen $5, Hong Kong, 18- (ca 1862-1866), black, green and white, arms top centre, value in black tablet at centre, value top left and right and at each corner, English text in field, Chinese text top centre and at left and at left and right borders (Pick 10 for type, Ma AB1 for type, $5 not listed), A Smith, Elder & Co. engraving. The $5 unrecorded in Pick. in PCGS holder 63, (apparent) choice new, mounting remnants, of the greatest rarity Estimate HK$40,000-60,000

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January 18 & 19, 2014 - Hong Kong

800 Asiatic Banking Corporation, Hong Kong, specimen $25, Hong Kong, 18- (ca 1862-1866), black, pale blue and white, arms top centre, value in black tablet at centre, value top left and right and at each corner, English text in field, Chinese text top centre and at left and at left and right borders (Pick 10 for type, Ma AB2), A Smith, Elder & Co. engraving. The $25 unrecorded in Pick. in PCGS holder 63, (apparent) choice new, stained, of the greatest rarity Estimate HK$50,000-60,000

11

BANKNOTES OF HONG KONG AND MACAU

801 Asiatic Banking Corporation, Hong Kong, specimen $50, Hong Kong, 18(ca 1862-1866), black, pale brown and white, arms top centre, value in black tablet at centre, value top left and right and at each corner, English text in field, Chinese text top centre and at left and at left and right borders (Pick 13, Ma AB1 for type, $50 not listed), A Smith, Elder & Co. engraving. The $50 unrecorded in Ma. Slight toning, in PCGS holder 58, (apparent) choice about new, and of the greatest rarity Estimate HK$50,000-60,000

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January 18 & 19, 2014 - Hong Kong

CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA $5, 1879/ POSSIBLY THE EARLIEST EXAMPLE EXTANT

802 Chartered Bank of India, Australia and China, $5, Hong Kong, 1 January 1879, serial number F/S 30144, blue and white, value in mauve central panel, Royal Arms top centre, value in oval frame top left and right, two manuscript signatures below, HONG KONG in margin low centre, reverse a green central panel, value at centre, bank title around (Pick 21b, Ma S1), in PCGS holder 8, (apparent) very good, annotation on reverse. A perfectly presentable example and of the highest rarity.

A very early date, Ma illustrates a specimen, no illustration in Pick. An important discovery and quite possibly the only note of this type extant. Important Estimate HK$50,000-300,000

13

BANKNOTES OF HONG KONG AND MACAU

AN EXCEPTIONAL RARITY, A $5 OF 1906

803 Chartered Bank of India, Australia and China, Hong Kong, $5, Hong Kong, handstamped date 1 December 1906, serial number F/S 49148, green and pink, Royal arms top centre, value in red panel top left and right, value in red underprint at centre, HONG KONG in margin low centre. Manuscript signature low left, printed signature low right, reverse green, value and bank title at centre, value at each corner (Pick 34, Ma S3), in PCGS holder 12, (apparent) fine. This date unlisted in Pick and Ma. A W.W.Sprague printing, a most presentable example, the paper retaining some original strength. Extremely rare and a very desirable banknote. Exceptional Estimate HK$250,000-300,000

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January 18 & 19, 2014 - Hong Kong

804 Chartered Bank of India, Australia and China, $5, Hong Kong, 1 November 1911, serial number M/A147243, blue value in pale orange brown underprint at left and right, Royal arms and value top centre, river scene at left and right in circular frame, value at each corner, manuscript signature low left, printed signature low right, reverse purple, bank building at centre, value and arms at left and right (Pick 41, Ma S4) tape repair at centre, very good but collectable and very rare Estimate HK$6,000-8,000

805 Chartered Bank of India, Australia and China, $5, Hong Kong, 1 November 1911, serial number M/A 185499, blue value in pale orange brown underprint at left and right, Royal arms and value top centre, river scene at left and right in circular frame, value at each corner, manuscript signature low left, printed signature low right, reverse purple, bank building at centre, value and arms at left and right (Pick 41, Ma S4) some rust spotting, the paper still retaining some body, in PCGS holder 12, (apparent) fine, a pleasing example for type and very rare Estimate HK$20,000-30,000

15

BANKNOTES OF HONG KONG AND MACAU

HELMETED MALE HEAD’ SERIES

806 Chartered Bank of India, Australia and China, $5 ,Hong Kong, 1 November 1911, serial number M/A213823 blue value in pale orange brown underprint at left and right, Royal arms and value top centre, river scene at left and right in circular frame, value at each corner, manuscript signature low left, printed signature low right, reverse purple, bank building at centre, value and arms at left and right (Pick 41, Ma S4) Multiple Chinese annotations on reverse, very good but colletable, very rare Estimate HK$8,000-12,000

807 Chartered Bank of India, Australia and China, $5 ,Hong Kong, 1 March 1917, serial number M/A 263217 blue value in pale orange brown underprint at left and right, Royal arms and value top centre, river scene at left and right in circular frame, value at each corner, manuscript signature low left, printed signature low right, reverse purple, bank building at centre, value and arms at left and right (Pick 41, Ma S4) in PCGS holder 12, (apparent) fine, an attractive example for type and rare in this grade Estimate HK$20,000-30,000

808 Chartered Bank of India, Australia and China, $5, 1 December 1937, serial number S/F 360675, green and pink, value in red underprint at low centre, arms top centre, manuscript signature low left, printed signature low right, reverse green, boats at centre, value at left and right (Pick 54a, Ma S5a), in PCGS holder 53, about new, thus quite rare Estimate HK$25,000-30,000

809 Chartered Bank of India, Australia and China, $5, 1 December 1937, serial number S/F 362863, green, value in red underprint at centre, helmeted male at left, arms top centre, manuscript signature low left, reverse green, junk and sampan at centre (Pick 54a, Ma S5a) almost very fine, scarce Estimate HK$2,500-3,500

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January 18 & 19, 2014 - Hong Kong

810 Chartered Bank of India, Australia and China, $5, 20 September 1940, serial number S/ F 481282, green and pink, value in red underprint at low centre, arms top centre, manuscript signature low left, printed signature low right, reverse green, boats at centre, value at left and right (Pick 54a, Ma S5a), in PCGS holder 66, gem new, PPQ, thus quite rare and the last date for type Estimate HK$25,000-30,000

812 Chartered Bank of India, Australia and China, $5, 28 October 1941, serial number S/F 1119876, green and pink, value in red underprint at low centre, arms top centre, two printed signatures below, reverse green, boats at centre, value at left and right (Pick 54b, Ma S5a), in PCGS holder 66, gem new, PPQ, scarce Estimate HK$10,000-12,000

811 Chartered Bank of India, Australia and China, $5, 28 October 1941, serial number S/F 55147, green and pink-red, value in red at centre, helmeted man head at left, arms top centre (Pick 54b,Ma S 5a), about uncirculated, scarce Estimate HK$8,000-10,000

813 Chartered Bank of India, Australia and China, $5, 28 October 1941, serial number S/F 1119977, green and pink, value in red underprint at low centre, arms top centre, two printed signatures below, reverse green, boats at centre, value at left and right (Pick 54b, Ma S5a), in PCGS holder 66, gem new, PPQ, scarce Estimate HK$10,000-12,000

17

BANKNOTES OF HONG KONG AND MACAU

814 Chartered Bank of India, Australia and China, $5, 28 October 1941, serial number S/F 1409432, green and pink-red, value in red at centre, helmeted man head at left (Pick 54b, Ma S5a), in PMG holder 58, choice about uncirculated, EPQ Estimate HK$8,000-12,000

815 Chartered Bank of India, Australia and China, $5, 28 October 1941, serial number S/F 143042, green, value in red underprint at centre, helmeted male at left, arms top centre, two printed signatures low left, reverse green, junk and sampan at centre (Pick 54b, Ma S5a) almost very fine, scarce Estimate HK$1,200-1,600

816 Chartered Bank of India, Australia and China, $5, 28 October 1941, serial number S/F 1479383, green and pink, value in red underprint at low centre, arms top centre, two printed signatures below, reverse green, boats at centre, value at left and right (Pick 54b, Ma S5a), in PCGS holder 64, very choice new, PPQ, scarce Estimate HK$15,000-20,000

817 Chartered Bank of India, Australia and China, $5, 25 February 1948, serial number S/F 1782166, green, value in pale red low centre, helmeted male head at left, arms top centre, two printed signatures below, reverse green, boats (Pick 54b, Ma S5a), an original good very fine and a scarcer date, the last date for issue Estimate HK$2,500-3,000

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January 18 & 19, 2014 - Hong Kong

A CHARTERED BANK $10 of 1919

818 Chartered Bank of India, Australia and China, $10, 1 July 1919, serial number N/B 220811, purple and pale pink-orange, arms at centre, boats and town view at left, boats in gorge at right, manuscript signature low left, printed signature low right, value in underprint low centre and at each corner, reverse violet, bank building at centre, value at each corner (Ma S11, Pick 42), fresh and very fine, rare Estimate HK$120,000-150,000

19

BANKNOTES OF HONG KONG AND MACAU

A UNIQUE AND STUNNING ESSAY, BEAUTIFUL

819 Chartered Bank of India, Australia & China, an obverse and reverse composite essay on board for a $10, Hong Kong, 1 May 1929, serial number N/B 000000, purple and multicoloured, pagoda at right, head of Mercury (Communication) top left, arms of the bank low left, manuscript signature of Christie low left, signature of Ferguson low right, ornate background detail, value at centre and at left and right, reverse green, orange and lilac, bank building at centre, head of Mercury top right, value at left and right (Pick unlisted, Ma S unrecorded), a truly beautiful essay, unique and a real ‘banknote treasure’ Estimate HK$250,000-300,000 1929 年渣打拾圓樣票畫稿 這個設計畫稿就如流通鈔一樣，所有圖案都是由一組組線條組成，用人手很精細準確繪畫出 來。在這對手繪樣票的正面，神袛頭部右方有用工具壓製出來的圖樣凹痕，可以推斷畫稿上 的圖案是根據這此凹痕加上顏色繪製出來。又樣票是由一幅幅小塊黏貼而成，這樣分工製作 既可省時又方便改動。例如正面右方的塔景部份較左方厚，這可能因設計上的改動，在原有 的設計貼上新的圖案。

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January 18 & 19, 2014 - Hong Kong

820 Chartered Bank of India, Australia and China, $10, 2 July 1934, serial number T/G 372006, red and pale green, helmeted man at left, arms right centre, manuscript signature low left, printed signature low right, reverse red, women in rice field at centre, value low centre and at each corner (Pick 55b,Ma S 12), in PCGS holder 50, about new, scarce Estimate HK$22,000-25,000

822 Chartered Bank of India, Australia and China, $10, 1 September 1956, serial number T/G 3926310, red and green and mauve, helmeted male at left, arms right centre, two printed signatures below, reverse red and pale green,workers in rice field at centre (Pick 55c, Ma S12) almost extremely fine and original, scarce and the last date for type Estimate HK$3,000-4,000

821 Chartered Bank of India, Australia and China, $10, 12 February 1948, serial number T/G 2868234, red and pale green, helmeted male head at left, arms at centre two printed signatures below, reverse red, workers in rice field at centre, value at left and right (Pick 55c, Ma S12), about uncirculated thus scarce Estimate HK$8,000-10,000

823 Chartered Bank of India, Australia and China, $10 (2), 1 September 1956, serial number T/G 3883737/738, red and pale green, helmeted man at left, arms right centre, two printed signature low right, reverse red, women in rice field at centre, (Pick 55c, Ma S 12), in PCGS holders 63, choice new, PPQ, 64, very choice new, PPQ, scarce as a consecutive pair (2) Estimate HK$20,000-25,000

21

BANKNOTES OF HONG KONG AND MACAU

824 Chartered Bank of India, Australia and China, $10, 1 September 1956, serial number T/G 3933882, red and pale green, helmeted man at left, arms right centre, two printed signatures below, reverse red, women in rice field at centre, (Pick 55c, Ma S 12), in PCGS holder 63, choice new, PPQ,scarce Estimate HK$10,000-12,000

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January 18 & 19, 2014 - Hong Kong

A PREVIOUSLY UNKNOWN TYPE DATED 1919

825 Chartered Bank of India, Australia and China, $50 Hong Kong, July 1919, black serial number O/C 116350, red-brown and pale green, black title in curve top centre, Royal arms and value top centre, pastorial scene with scenes of rice harvesting at centre, value in Chinese top left and low left, value in English top right and low right value in bottom underprint at left and right. Manuscript signature low left and printed signature low right, reverse green and brown, bank office in centre, value and arms at left and right (Pick 43 for type, Ma S23) this date unrecorded in Pick and Ma. Annotation on reverse and ink letter on obverse at left and right. In PCGS holder 12, fine with annotations. An original and fresh example, the paper retaining some strength.

A most attractive note and an extremely rare type, this example probably the only example extant dated 1919. Exceptional Estimate HK$140,000-180,000

23

BANKNOTES OF HONG KONG AND MACAU

AN EXCEPTIONAL CHARTERED $50 OF 1929

826 Chartered Bank of India, Australia and China, $50, 1 November 1929, serial number O/C 178899, brown and pale green, value in red at left and right, arms top centre, harvesting scene by river bank low centre, manuscript signature low left, printed signature low right, value top centre and at each corner, reverse green and brown, bank building at centre, value at left and right (Pick 44, Ma S 23), in PCGS holder 20, (apparent) very fine, rust stains, small edge splits, ink stamp on reverse, an extremely rare type, attractive Estimate HK$100,000-120,000

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January 18 & 19, 2014 - Hong Kong

827 Chartered Bank of India, Australia and China, a contemporary forgery of a $100, Hong Kong, 1 February 1926, serial number P/D 195623, green and pale pink, bridge, pagodas and mountains at left and right, arms top centre, manuscript signature low left, printed signature low right, value low left and right and at each corner, reverse red, bank building and bank title in circular frame at centre, value at each corner (Pick 45, Ma S30), very fine, extremely rare Estimate HK$3,000-4,000

AN EXTREMELY RARE $100 OF 1930

828 Chartered Bank of India, Australia and China, $100, 2 June 1930, red serial number W/ K 030464, blue and lilac and pink, helmeted female head at left, arms at centre, value at centre and at each corner, manuscript signature low left, printed signature low right, reverse blue, junk at centre, red serial number at each corner (Pick 52, Ma S 31, HK Museum 141), in PCGS holder 30, (apparent) very fine, repaired internal tear at right, extremely rare, especially in this grade Estimate HK$80,000-120,000

25

BANKNOTES OF HONG KONG AND MACAU

829 Chartered Bank of India, Australia and China, $100, 1 December 1937, serial number Y/M 071327, green, pale pink and pale blue, Britannia and lion at centre in oval frame, value at left and right, arms top right, manuscript signature low left, printed signature low right, reverse green, view of Hong Kong (Pick 57b, Ma S 32), very fine, paper scuffed on back, minor stains at right, a lovely vibrant example and very rare Estimate HK$30,000-40,000

830 Chartered Bank of India, Australia and China, $100, 15 December 1947, serial number Y/ M 473577, green, pale pink and pale blue, Britannia and lion at centre in oval frame, value at left and right, arms top right, two printed signatures below, reverse green, view of Hong Kong, value at left and right (Pick 57c, Ma S 32), extremely fine, rare Estimate HK$25,000-30,000

A LOVELY $500 OF 1934

831 Chartered Bank of India, Australia and China, $500, 1 June 1934, serial number Z/N 000416, green, pale pink-red, pale orange and blue, male head at left, arms at centre, two manuscript signatures below, value at centre and at left and right, reverse brown and green, boats at centre, value low left and right (Pick 59a, Ma S 42), Choice about new, extremely rare and desirable especially with a superb very low serial number Estimate HK$100,000-120,000

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January 18 & 19, 2014 - Hong Kong

832 Chartered Bank of India, Australia & China, sight bill for 8690 rupees, 11 annas, Hong Kong, 19th March 1862, green, royal arms at left, payable at the Calcutta branch of the bank, good very fine, rare Estimate HK$1,800-2,200

835 Chartered Bank, $5, no date (1962-70), serial number S/F 3355383, green and pale pink, keys left and right, coat of arms at left, reverse green, junk at centre, (Ma S6) in PCGS folder, 58, choice about new, PPQ, a scarce Miller signature Estimate HK$1,000-1,200

CHARTERED BANK

836 Chartered Bank, $5, no date (1962-70), serial number S/F 3826868, green and pale pink, keys left and right, coat of arms at left, reverse green, junk at centre, (Ma S6) in PCGS folder, 58, choice about new, PPQ, uncirculated, a scarce Miller signature Estimate HK$1,000-1,200

833 Chartered Bank, $5, 9 April 1959, serial number S/F 2559895, green and pale pink, value in pale red low centre, arms at left (Pick 62, Ma S6), uncirculated Estimate HK$3,000-3,500

834 Chartered Bank, $5 (2), 1959 and ND, green and pale red, $10, ND (1962), red, also $5 (3), brown, ND (1967), also $10, ND (1975), green (Pick 62,68c,70c,69, 74b,Ma S6,13,8,14), generally good very fine fine or better (7) Estimate HK$1,500-1,800

837 Chartered Bank, $5 (2), ND (1962-), serial number S/F 3767262/263, green and pale pink, value in pale red low centre, arms at left, two printed signatures below (Pick 68c, Ma S6), uncirculated (2) Estimate HK$6,000-7,000

27

BANKNOTES OF HONG KONG AND MACAU

838 Chartered Bank, $5, ND (1962-), serial number S/F 5299791, green and pale pink, value in pale red low centre, arms at left, two printed signatures below, also $5, ND (1967), serial number T/F 0652526, orange, value in pale red low centre, arms at left (Pick 68c,69, Ma S6,S7), uncirculated (2) Estimate HK$2,500-3,000

839 Chartered Bank, $5, ND (1967), consecutive run of 10, serial number T/F 0652441-0652450, yellow and multicoloured, arms at left, value at centre, reverse yellow (Ma S 7), uncirculated (10) Estimate HK$10,000-12,000

840 Chartered Bank, $5, ND (1967), consecutive run of 10, serial number T/F 0652451-0652460, yellow and multicoloured, arms at left, value at centre, reverse yellow (Ma S 7), uncirculated (10) Estimate HK$10,000-12,000

841 Chartered Bank, $5, ND (1967), consecutive run of 10, serial number T/F 0652461-0652470, yellow and multicoloured, arms at left, value at centre, reverse yellow (Ma S 7), uncirculated (10) Estimate HK$10,000-12,000

842 Chartered Bank, $5, ND (1967), serial number S/ F 9359352, orange, value in pale red at centre, arms at left (Pick 69, Ma S7), in PMG holder 66, gem uncirculated, EPQ Estimate HK$1,400-1,600

843 Chartered Bank, $5, ND (1967), serial number T/ F 1663070, orange, value in pale red low centre, arms low left (Pick 69, Ma S7), in PMG holder 65, gem uncirculated, EPQ Estimate HK$1,800-2,200

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January 18 & 19, 2014 - Hong Kong

844 Chartered Bank, $5, no date, serial numbers R620581-594, brown, multicoloured, bank building at left, coat of arms at centre, reverse brown with modern building at right, misaligned printing with the printing shifted towards the right on the obverse and towards the left on the reverse (Ma S8), uncirculated (13) Estimate HK$1,500-1,800

847 Chartered Bank, $5, 1970-75, consecutive run of 100, serial number J 680901-681000, brown and multicoloured, skyscraper on left, arms at centre, reverse brown (Ma S 8), uncirculated (100) Estimate HK$8,000-12,000

848 Chartered Bank, $5, 1970-75, consecutive run of 100, serial number Q 838301-838400, brown and multicoloured, skyscraper on left, arms at centre, reverse brown (Ma S 8), uncirculated (100) Estimate HK$8,000-12,000

845 Chartered Bank, $5, no date, black serial numbers with two having the replacement ‘Z’ prefix, brown, multicoloured, bank building at left, coat of arms at center, reverse brown with modern building at right, (Ma S8) uncirculated, all 3 different Miller signature combinations (5) Estimate HK$1,500-1,800

849 Chartered Bank, $5, 1970-75, consecutive run of 100, serial number Q 881801881900, brown and multicoloured, skyscraper on left, arms at centre, reverse brown (Ma S 8), uncirculated (100) Estimate HK$8,000-12,000

846 Chartered Bank, $5, no date (6) and 1975 (5), black serial numbers, brown, multicoloured, bank building at left, coat of arms at centre, reverse brown with modern building at right, (Ma S8), uncirculated (11) Estimate HK$1,200-1,500 29

BANKNOTES OF HONG KONG AND MACAU

850 C h a r t e re d B a n k , $ 5 , 1 J u n e 1 9 7 5 , s e r i a l number S 100000, brown and multicoloured, skyscraper on left, arms at centre, reverse brown (Ma S 8), uncirculated Estimate HK$5,000-6,000

851 Chartered Bank, $5, 1 June 1975, serial number S 1000000, brown and multicoloured, skyscraper on left, arms at centre, reverse brown (Ma S 8), uncirculated Estimate HK$10,000-12,000

852 Chartered Bank, obverse die proofs for the $10 and $100 on card. the $100 partially cut (2) Estimate HK$4,000-5,000

853 Chartered Bank, $10, 6 December 1956, serial number T/G 4125575, red and pale green, helmeted man at left, arms right centre, two printed signatures below, reverse red, women in rice field at centre, (Pick 63, Ma S 12), in PCGS holder 64, very choice new, PPQ and a scarce one date type Estimate HK$12,000-15,000

854 Chartered Bank, $10, 9 April 1959, serial number T/G 6957787, red and pale green, arms at left, two printed signatures below, reverse red, bank building at centre, value at left and right (Pick 64, Ma S 13), uncirculated Estimate HK$2,000-2,500

855 Chartered Bank, $10 (3), 1959, blue serial numbers, red and pink, keys top left and right, coat of arms at left, vignette stating value at center, reverse red and yellow, bank building at centre (Ma S13), uncirculated (2) and about very fine (3) Estimate HK$2,000-2,500

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January 18 & 19, 2014 - Hong Kong

856 Chartered Bank, specimen $5, ND (1970), serial number A 0000000, brown and multicoloured,bank building at left, also specimen $10, ND (1970), serial number C 0000000, green and multicoloured, bank building at left (Pick 73as,74as, Ma S8s,14s), red SPECIMEN overprint, uncirculated and scarce (2) Estimate HK$3,500-4,500

859 Chartered Bank, $10, 1962-70, serial number U/G 5555555, red and multicoloured, arms at left, value at centre, reverse red (Ma S 13), a presentable VG Estimate HK$4,000-5,000

860 Chartered Bank, $10 (2), 1970-75, serial number A 0000060 and A 0000086, green and multicoloured, skyscraper on left, arms at centre, reverse green (Ma S 14), uncirculated (2) Estimate HK$1,500-1,800

857 Chartered Bank, an uncirculated block of 100 x $10, ND (1970-1975), serial number B 0562401500, l green and pale pink-orange, arms at centre, bank building at left, reverse green, a view of Hong Kong (Ma S14), uncirculated and a rare consecutive run (100) Estimate HK$15,000-20,000

861 Chartered Bank, $10, no date (1962-1970), serial number U/G 6520208, red and pink, keys top left and right, coat of arms at left, vignette stating value at centre, reverse red and yellow, bank building at centre. Error note in that printing of the lower centre of the obverse side missing (Ma S13), uncirculated Estimate HK$500-800

858 Chartered Bank, $10, no date (1962-1970), blue serial numbers, red and pink, keys top left and right, coat of arms at left, vignette stating value at center, reverse red and yellow, bank building at centre (Ma S13), uncirculated (5) Estimate HK$2,000-2,500 31

BANKNOTES OF HONG KONG AND MACAU

862 Chartered Bank, $10, no date (1962-1970), two notes ‘twins’ with the same serial number V/G 0029338, red and pink, keys top left and right, coat of arms at left, vignette stating value at centre, reverse red and yellow, bank building at centre (Ma S13), in PCGS folders (first) 63, choice new, (second) 62, new. An exceptional pair of identically numbered notes, highly unusual and most desirable (2) V/G0029338 出了四次錯才能產生一對號碼相同的錯體鈔。 在一張鈔票上印了號碼後，如左右兩邊印號碼 的部件同時不轉動，下一張的號碼便會和上張 相同。在正常情況下，印一疊鈔時最後一張的 號碼最尾的數字應為 ’0’，但在部件不曾轉動 的情況下則會是 ’9’，錯誤便會被發現。如要 不被發現，則印左右號碼的部件都要無端跳多 一次，最後那張號碼的尾數便回歸正常。 Estimate HK$30,000-40,000 863 Chartered Bank, $10 (2), 1970-75, serial number V/G 0077000, red, and 1 June 1975, serial number D0770000, green (Ma S13, S 14), uncirculated and interesting numbers (2) Estimate HK$800-1,200

864 Chartered Bank, $10 (16), 1962-70, red and multicoloured, arms at left, value at centre, reverse red (Ma S 13), uncirculated (16) Estimate HK$6,000-7,000

865 Chartered Bank, $10, 1 Jan 1977, serial number E 1111000, green, and Government Issue, 1 July 1958, serial number 5G001111, green (Ma S 14, G 14), uncirculated and interesting numbers (2) Estimate HK$1,200-1,500

866 Chartered Bank, $10, 1 Jan 1977, consecutive run of 32, serial number E 12389441238975, green and multicoloured, skyscraper on left, arms at centre, reverse green (Ma S 14) uncirculated (32) Estimate HK$3,200-5,000

867 Chartered Bank, $10, 1 Jan 1977, consecutive run of 40, serial number E 40775534077592, green and multicoloured, skyscraper on left, arms at centre, reverse green (Ma S 14) uncirculated (40) Estimate HK$4,000-6,000

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January 18 & 19, 2014 - Hong Kong

868 Chartered Bank, $10, 1977, black serial numbers, green, multicoloured, bank building at left, coat of arms at centre, reverse green with harbour scene at right, (Ma S14), uncirculated (5) Estimate HK$600-800

871 Chartered Bank, $10 (18), 1 Jan 1980, some consecutive, green and multicoloured, fish at right, reverse green (Ma S 15), uncirculated (18) Estimate HK$1,200-1,500

CHARTERED BANK $50

869 Chartered Bank, $10, 1 Jan 1980, consecutive run of 16, serial number A 334755-334770, green and multicoloured, fish at right, reverse green (Ma S 15), uncirculated (16) Estimate HK$1,000-1,200

872 Chartered Bank, $50, ND (1970-), serial number A 0018028, blue and multicoloured, bank building at left, arms at centre, two printed signatures below, reverse blue, bank building in field (Pick 75a, Ma S25), about uncirculated Estimate HK$2,500-3,000

870 Chartered Bank, $10, 1 Jan 1980, consecutive run of 100, serial number E 222301-222400, green and multicoloured, fish at right, reverse green (Ma S 15), uncirculated (100) Estimate HK$8,000-10,000

873 Chartered Bank, $50, ND (1970-75), serial number A0905799, blue on multicolour underprint, bank building at left, arms at centre (Pick 75a), uncirculated Estimate HK$6,000-8,000

33

BANKNOTES OF HONG KONG AND MACAU

874 Chartered Bank, $50 (2), ND (1970), prefixes A and B, blue and multicoloured, bank building at left, reverse blue, bank building at right (Pick 75a, Ma S25), uncirculated and quite scarce (2) Estimate HK$3,000-4,000

875 Chartered Bank, $50, ND (1970), prefix B, blue and multicoloured, bank building at left, arms at centre (Pick 75a, Ma S25), uncirculated, scarce Estimate HK$4,500-5,500

876 Chartered Bank, $50, ND (1970), serial number B 0888168, blue and multicoloured, bank building at left, arms at centre (Pick 75a, Ma S25), in PMG holder 64, choice uncirculated Estimate HK$5,500-6,000

877 Chartered Bank, $50, 1 January 1979, serial numbers A027072, blue, mythical lion playing with ball at right, helmeted warrior watermark at left, reverse blue with bank building at left and coat of arms at centre (Ma S26), uncirculated Estimate HK$500-800

878 Chartered Bank, $50 (2), 1 Jan 1979, serial number A 102030 and A 555566, blue and multicoloured, stylized lion at right, reverse blue, bank building at left, arms at centre (Ma S26), uncirculated and interesting numbers (2) Estimate HK$1,200-1,600

879 Chartered Bank, $50, 1 January 1979, serial numbers A298588-590, blue, mythical lion playing with ball at right, helmeted warrior watermark at left, reverse blue with bank building at left and coat of arms at centre (Ma S26), almost uncirculated, faint central fold (3) Estimate HK$2,000-2,500

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January 18 & 19, 2014 - Hong Kong

880 Chartered Bank, $50, 1 January 1981, serial numbers A861734-736, blue, mythical lion playing with ball at right, helmeted warrior watermark at left, reverse blue with bank building at left and coat of arms at centre (Ma S26), uncirculated (3) Estimate HK$9,000-10,000

883 Chartered Bank, $50, 1 January 1982, serial numbers D338471-480, blue, mythical lion playing with ball at right, helmeted warrior watermark at left, reverse blue with bank building at left and coat of arms at centre (Ma S26), uncirculated (10) Estimate HK$5,000-6,000

CHARTERED BANK $100

881 Chartered Bank, $50, 1 January 1981, serial numbers B101100 and B054451, blue, mythical lion playing with ball at right, helmeted warrior watermark at left, reverse blue with bank building at left and coat of arms at centre. Serial numbers misaligned (Ma S26), uncirculated (2) Estimate HK$800-1,000

884 Chartered Bank, $100, 6 December 1956, serial number Y/M 778524, green, pale pink and pale blue, Britannia and lion at centre in oval frame, value at left and right, arms top right, two printed signatures below, reverse green, view of Hong Kong, value at left and right (Pick 65, Ma S 32), choice about new, rare Estimate HK$70,000-80,000

882 Chartered Bank, $50, 1 January 1982, serial numbers D338462-470, blue, mythical lion playing with ball at right, helmeted warrior watermark at left, reverse blue with bank building at left and coat of arms at centre (Ma S26), uncirculated (9) Estimate HK$4,500-5,000

885 Chartered Bank, $100, 9 April 1959, serial number Y/M 1142194, green, arms and value at centre (Pick 66, Ma S33), central crease, an original almost extremely fine, scarce Estimate HK$6,000-6,500 35

BANKNOTES OF HONG KONG AND MACAU

886 Chartered Bank, $100, 9 April 1959, serial number Y/M 1173352, green and lilac, arms and value at centre, value at each corner, two printed signatures below, reverse green, view of Hong Kong at centre (Pick 66, Ma S33), in PCGS holder 58, choice about new, scarce Estimate HK$15,000-18,000

887 Chartered Bank, $100, ND (1961-70), serial number Y/M 2007727, dark green and brown on multicolour underprint, arms at centre, flanked by values (Pick 71b, Ma S33), PMG 64, choice uncirculated Estimate HK$15,000-20,000

888 Chartered Bank, $100, ND (1961-), serial number Y/M 3133086, green and lilac, arms and value at centre, value at each corner, two printed signatures below, reverse green, view of Hong Kong at centre (Pick 71b, Ma S33), in PCGS holder 66, gem new, PPQ, scarce Estimate HK$12,000-15,000

889 Chartered Bank, $100, 1970-75, serial number A 000999, red and multicoloured, bank building at left, arms at centre, reverse red (Pick 76a, Ma S 34), uncirculated Estimate HK$12,000-15,000

890 Chartered Bank, $100, 1970-75, serial number A763228, red and multicoloured, bank building at left, arms at centre, reverse red, view of Hong Kong (Pick 76a, Ma S34), in PMG holder 64, choice uncirculated Estimate HK$2,000-3,000

891 Chartered Bank, $100, ND (1970), prefix C, red and multicoloured, bank building at left (Pick 76a, Ma S34), uncirculated Estimate HK$2,500-3,000

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January 18 & 19, 2014 - Hong Kong

892 Chartered Bank, $100, ND (1970), prefix D, red and multicoloured, bank building at left, arms at centre, reverse red, Hong Kong port (Pick 76a, Ma S34), uncirculated Estimate HK$2,000-2,500 893 No Lot

895 Chartered Bank, $100 (5), 1 January 1979, serial n u m b e r s D 5 8 7 5 3 4 - 5 3 8 , r e d a n d y e l l o w, cantering Qilin at right, helmeted warrior watermark at left, reverse red with bank building at left and coat of arms at centre (Ma S35), uncirculated (5) Estimate HK$4,000-5,000

894 Chartered Bank, $100, 1 January 1977, serial number L777055, red and multicoloured, bank building at left, arms at centre, reverse red, view of Hong Kong (Ma S 34), in PMG holder 65, gem uncirculated, EPQ Estimate HK$2,000-3,000

896 Chartered Bank, $100 (2), 1 January 1980, serial numbers H454949-950, red and yellow, cantering Qilin at right, helmeted warrior watermark at left, reverse red with bank building at left and coat of arms at center (Ma S35), uncirculated (2) Estimate HK$1,200-1,500

897 Chartered Bank, $100, 1 January 1982, serial number AB777 333, red and multicoloured, mythical horse “qilin� at right, reverse red, arms at centre (Ma S 35), in PMG holder 66, gem uncirculated, EPQ Estimate HK$800-1,200

37

BANKNOTES OF HONG KONG AND MACAU

CHARTERED BANK $500

898 Chartered Bank, $100 (8), 1 January 1982, serial numbers R589083-090, red and yellow, cantering Qilin at right, helmeted warrior watermark at left, reverse red with bank building at left and coat of arms at centre (Ma S35), uncirculated (8) Estimate HK$4,500-5,000

899 Chartered Bank, $100, 1 January 1995, serial number AZ 333333, red and multicoloured, mythical horse “qilin” at right, reverse red, flower at centre (Ma S 37), in PMG holder 66, gem uncirculated, EPQ Estimate HK$2,000-3,000

901 The Chartered Bank, 500 Dollars, 14 December 1959, serial number Z/N 156206, multicoloured, arms at centre, bust of man at left, manuscript signature low centre, reverse purple-brown and green, boats (Ma S 42a), almost very fine and quite rare Estimate HK$1,600-1,800

902 The Chartered Bank, 500 Dollars, ND (1970-75), serial number Z/P 078310, multicoloured, arms at centre, bust of man at left, reverse purple-brown and green, boats (Ma S 42a), good very fine Estimate HK$2,000-2,500

900 Chartered Bank, $100, 1 January 1999, serial number EZ 999999, red and multicoloured, mythical horse “qilin” at right, reverse red, flower at centre (Ma S 37), in PMG holder 66, gem uncirculated, EPQ Estimate HK$2,000-3,000

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January 18 & 19, 2014 - Hong Kong

903 Chartered Bank, $500, 1 January 1977, serial number Z/P 489045, dark brown on green and orange underprint, male portrait at left, arms at centre, value at centre and each corner (Ma S42a), PMG 64, choice uncirculated Estimate HK$20,000-25,000

905 C h a r t e re d B a n k , $ 5 0 0 , 1 J a n u a r y 1 9 7 7 , serial number Z/Q 245045, green and multicoloured, male head at left, arms t o p c e n t r e , t w o p r i n t e d s i g n a t u r e s b e l o w, (Pick 72d, MaS 42a), in PMG holder 58, choice about uncirculated, NET Estimate HK$5,000-6,000

904 Chartered Bank, $500, 1 January 1977, serial number Z/Q 177018, green, multicoloured, bust of man at left, coat of arms at centre, watermark at right, reverse brown with junk at sea, (Ma S42a), extremely interesting and rare shifting error on obverse, uncirculated Estimate HK$20,000-30,000

906 C h a r t e re d B a n k , $ 5 0 0 , 1 J a n u a r y 1 9 7 9 , serial number A 042200, brown and pale blue, phoenix at right, reverse brown and pale blue, bank building at left, arms at centre (Pick 66, Ma S43), about uncirculated and scarce Estimate HK$2,500-3,000

907 Chartered Bank, $500, 1 Jan 1982, serial number C 222222, brown and multicoloured, phoenix at right (Ma S 43), a small paper inclusion, original uncirculated and rare Estimate HK$20,000-25,000

39

BANKNOTES OF HONG KONG AND MACAU

CHARTERED BANK $1000

908 Chartered Bank, $500 (2), 1 January 1982, serial number C 799672/673, brown and multicoloured, phoenix at right (Pick 80b, Ma S43), uncirculated and a scarce consecutive pair (2) Estimate HK$7,000-8,000

909 Chartered Bank, $500, 1 January 1982, serial number D082004, brown, orange and blue, phoenix at right (Pick 80b, Ma S43), PMG 67, superb gem unc, EPQ Estimate HK$7,000-9,000

910 Chartered Bank, $500, 1 January 1982, serial number D082084, brown, orange and blue, phoenix at right (Pick 80b, Ma S43), PMG 66, gem uncirculated, EPQ Estimate HK$5,000-7,000

911 Chartered Bank, $1000, 1 January 1979, serial number A 363929, gold and multicoloured, dragon at right (Pick 81a, Ma S46), uncirculated Estimate HK$5,000-6,000

912 Chartered Bank, $1000, 1 January 1982, serial number B 671996, gold and multicoloured, dragon at right Pick 81b, (Ma S46), in PMG holder 65, gem uncirculated,EPQ Estimate HK$15,000-18,000

913 Chartered Bank, $1000, 1 January 1988, serial number F 348436, yellow-orange and multicoloured, dragon at right, reverse yellow, arms at centre (Ma S47), in PMG holder 66, gem uncirculated, EPQ Estimate HK$2,000-3,000

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January 18 & 19, 2014 - Hong Kong

STANDARD CHARTERED BANK

918 Standard Chartered Bank, $10, 1 Jan 1993, serial number AU555555, green (Ma S17), uncirculated and a good number Estimate HK$1,500-2,000

914 Standard Chartered Bank, $10, 1993 and $20, 1995, both serial number AA 000004, (Ma S17,18a), uncirculated (2) Estimate HK$2,000-2,500

919 Standard Chartered Bank, $10 (2), 1 Jan 1993, serial number AU000001 and AU 1000000, green (Ma S17), uncirculated and the first and last notes of this serial number, interesting and rare (2) Estimate HK$3,000-4,000

915 Standard Chartered Bank, $10, 1993, Chartered Bank, $10, 1980, both serial number A 386107, (Ma S17,15), uncirculated (2) Estimate HK$2,500-3,000 916 Standard Chartered Bank, $10 (9), 1993, green, fish at right (Pick 279a), a consecutive run, uncirculated (9) Estimate HK$800-1,000

920 Standard Chartered Bank, $10 (2), 1 Jan 1993, serial number AU800000 and AU 000028, green (Ma S17), uncirculated and interesting numbers (2) Estimate HK$800-1,000

917 Standard Chartered Bank, $10, 1 Jan 1993, serial number AU333333, green (Ma S17), uncirculated and a good number Estimate HK$2,000-3,000

41

BANKNOTES OF HONG KONG AND MACAU

921 Standard Chartered Bank, 10 dollars, 1994, serial number CA000001, green on multicolour underprint, (Pick 284b, Ma S17), in PMG holder 66, gem uncirculated, EPQ Estimate HK$3,000-5,000

922 Standard Chartered Bank, $10, 1 January 1995, serial number DD 1000000, green and pink, carp at right, reverse green and pale orange, bank building at left (Pick 284b, Ma S17), in PMG holder 66, gem uncirculated 66, EPQ Estimate HK$3,500-4,000

923 Standard Chartered Bank, $20, 1 January 1995, serial number AF 999999, pink and multicoloured, stylized tortoise at right, r e v e r s e d a r k g r e y, b a n k b u i l d i n g a t l e f t (Pick 285b, Ma S18a), in PMG holder 65 gem uncirculated, EPQ and a great number Estimate HK$3,000-3,500

924 Standard Chartered Bank, $20, 1 January 1995, serial number AF 1000000, pink and multicoloured, stylized tortoise at right, r e v e r s e d a r k g r e y, b a n k b u i l d i n g a t l e f t (Pick 285b, Ma S18a), in PMG holder 66 gem uncirculated, EPQ and a great number Estimate HK$4,000-4,500

925 Standard Chartered Bank, $20, 1 January 1995, serial number AH 888888, pink and multicoloured, stylized tortoise at right, r e v e r s e d a r k g r e y, b a n k b u i l d i n g a t l e f t (Pick 285b, Ma S18a), in PMG holder 66 gem uncirculated, EPQ and a great and very ‘lucky’ number Estimate HK$8,000-10,000 926 Standard Chartered Bank, $20 (30), 1 January 1994, prefix M, pink, l i l a c a n d g r e y, s t y l i s e d t u r t l e a t r i g h t (Ma S 18a), uncirculated (30) Estimate HK$6,000-8,000

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January 18 & 19, 2014 - Hong Kong

930 Standard Chartered Bank, $100 (2), 1 January 1994, serial number AD 777777,888888, red and multicoloured, stylized horse at right (Pick 287b, Ma S37), in PMG holder 65 and 66, gem uncirculated, EPQ and great ‘solid’ numbers (2) Estimate HK$12,000-14,000

927 Standard Chartered Bank, $100, 1 January 1985, serial numbers E342758, red and multicoloured, cantering Qilin at right, helmeted warrior watermark at left, reverse red and green with bank building at left and coat of arms at centre, error note with serious miscut on the top border, quite spectacular, (Ma S36), about uncirculated with only a yellow toning spot on the reverse Estimate HK$22,000-25,000

931 Standard Chartered Bank, $100, 1 January 1998, serial numbers EE591870, red and multicoloured, cantering Qilin at right, helmeted warrior watermark at left, reverse red and green with bank building at left and coat of arms at centre, error note with a ‘shark fin’ at the top left corner, (Ma S37), uncirculated Estimate HK$4,000-5,000

928 Standard Chartered Bank, $100 (2), 1 January 1994, serial number AD 111111, 222222 red and multicoloured, stylized horse at right (Pick 287b, Ma S37), in PMG holder 66 and 65, gem uncirculated, EPQ and great ‘solid’ numbers (2) Estimate HK$8,000-9,000

932 Standard Chartered Bank, $150, 2009, serial number SC444444, blue, green and yellow, bank building at left, aerial view of Hong Kong in underprint (Pick 296a), in PMG holder 66, gem uncirculated, EPQ, a ‘good number’ Estimate HK$80,000-100,000

929 Standard Chartered Bank, $100, 1 January 1989, serial number BK 555555, red and multicoloured, stylized horse at right, reverse red and pale green, bank bulding at left, arms at centre (Pick 281b, Ma S36), in PMG holder 67, superb gem uncirculated, EPQ Estimate HK$5,000-5,500 43

BANKNOTES OF HONG KONG AND MACAU

933 Standard Chartered Bank, $100, 1 January 1989, serial numbers BS666666, red and multicoloured, cantering Qilin at right, helmeted warrior watermark at left, reverse red and green with bank building at left and coat of arms at center, lucky number (Ma S36), uncirculated Estimate HK$4,000-4,500

934 Standard Chartered Bank, $1000, 1 January 2002, serial number AG 006853, gold and multicoloured, dragon at right (Pick 81a, Ma S46), in PMG holder 66 gem uncirculated, EPQ Estimate HK$2,000-2,200

935 Standard Chartered Bank, $1000 (2), 2012, serial number AQ 000099/AX 0 0 0 0 9 9 , r e d a n d y e l l o w, d r a g o n a t l e f t uncirculated (2) Estimate HK$3,000-3,500

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January 18 & 19, 2014 - Hong Kong

HONG KONG AND SHANGHAI BANKING CORPORATION/A $1 OF 1873

936 Hong Kong and Shanghai Banking Corporation, $1, 31 December 1873, serial number 334264, black and white with value in red underprint at centre, arms of the bank top centre, manuscript signature low left and printed signature low right, reverse lilac, arms of the bank at centre, value at left and right (Pick 112, Ma H1), extremely fine and a very rare early date for this iconic series Estimate HK$100,000-120,000

45

BANKNOTES OF HONG KONG AND MACAU

937 Hong Kong and Shanghai Banking Corporation, $1, 1 September 1879, serial number 447216, black and white with value in red underprint at centre, arms of the bank top centre, manuscript signatures at low left and right, reverse red, arms of the bank at centre, value at left and right (Pick 112, Ma H1), a presentable and attractive good fine Estimate HK$18,000-24,000

938 Hong Kong and Shanghai Banking Corporation, $1, Hong Kong, 1 November 1889, serial number 1967, blue and black, value top centre, value top left and right, printed signature of Noble low right, manuscript signature low left, reverse red and white, arms of the bank at centre (Pick 136a, Ma H2, Cribb 2.38), small rust holes at centre otherwise almost very fine thus above average for type. rare Estimate HK$8,000-12,000

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January 18 & 19, 2014 - Hong Kong

AN EXCEPTIONAL QUALITY $1 OF 1895

939 Hong Kong and Shanghai Banking Corporation, $1, 18 November 1895, serial number 315683, blue and black, value in black tablet at centre, value top centre and at each corner, printed signatures at low left and right, reverse red and white, arms of the bank at centre, value at left and right and at each corner (Pick 136c, Ma H2), in PCGS holder 66, gem new, PPQ, thus excessively rare, a beautiful example, bright, fresh and original Estimate HK$80,000-100,000

940 Hong Kong and Shanghai Banking Corporation, specimen $1, 1 January 1904, serial number 426001526000, blue and pale orange, head of Minerva at left, arms low right, printed signature of J.R.M.Smith low centre, reverse red, maiden with lyre at centre, value at left and right (Pick 155a, Ma H3, Cribb 2.45), ink annotation ‘27th October 1904’ in top margin, perforated SPECIMEN, in PCGS holder 53, (apparent) about new, paper scuffs on face at right and the rare first date of issue for type Estimate HK$15,000-20,000

47

BANKNOTES OF HONG KONG AND MACAU

941 Hong Kong and Shanghai Banking Corporation, $1, 1 January 1904, serial number 473562, blue and pale orange, helmeted head of Minerva at left, arms low right, one printed and one manuscript signature low centre (Pick 155a, Ma H3), VG but a rare early date Estimate HK$2,000-2,400

942 Hong Kong and Shanghai Banking Corporation, $1, 1 July 1913, serial number 2024014, blue and pale orange, head of Minerva at left, arms low right, two printed signature below, reverse orange, maiden with lyre at centre,value at left and right (Ma H 3), fresh and original, very fine and rare Estimate HK$5,000-7,000

943 Hong Kong and Shanghai Banking Corporation, $1, 1 January 1923, serial number A 488440, blue and orange, helmeted head of Minerva at left, arms low right, printed signatures of Stephen low right, reverse purple, maiden with lyre (Pick 171, Ma H3a, Cribb2.44), a pleasing very fine Estimate HK$3,000-4,000

944 Hong Kong and Shanghai Banking Corporation, $1, 1 January 1925, serial number B 262471, blue and pale orange, helmeted head of Minerva at left, arms low right, two printed signature below, reverse purple, maiden with lyre at centre, value at left and right (Ma H 3a), fresh and original, almost extremely fine ,rare Estimate HK$3,000-4,000

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January 18 & 19, 2014 - Hong Kong

945 Hong Kong and Shanghai Banking Corporation, $1, 1 January 1929, serial number E 321265, blue and orange, helmeted head of Minerva low left, two printed signatures below, reverse purple, maiden with torch (Pick 172b, Ma H4), in PMG holder 64, choice uncirculated, scarce in this grade Estimate HK$5,000-5,400

947 Hong Kong and Shanghai Banking Corporation, $1, 1 January 1926, serial number D 093430, blue and green and pink, helmeted head of Minerva at left, two printed signatures at low centre, reverse purple, seated maiden at centre, arms of the bank at right, value low centre, value at each corner (Pick 172a, Ma H4), good extremely fine and scarce Estimate HK$4,000-5,000

946 Hong Kong and Shanghai Banking Corporation, uniface die proof for a $1, Hong Kong, 1st January 1926, black and white, Minerva at left, (Ma H4a for type), ink annotations, very fine, rare Estimate HK$2,500-3,500

948 Hong Kong & Shanghai Banking Corporation, $1, 1 January 1926, serial number D129899, blue on green and orange underprint, helmeted maiden at left, value at centre and each corner (Pick 172a, Ma H4), uncirculated Estimate HK$8,000-12,000

49

BANKNOTES OF HONG KONG AND MACAU

949 Hong Kong and Shanghai Banking Corporation, $1, 1 January 1929, prefix E, blue and multicoloured, helmeted head of Minerva at left (Pick 172b, Ma H4), in PMG holder 65, gem uncirculated, EPQ Estimate HK$4,000-5,000

951 Hong Kong and Shanghai Banking Corporation, $1, 1 June 1935, serial number F 417161, blue and pink and green, helmeted head of Minerva at left, printed signatures below, reverse purple, maiden with lyre, arms at right (Pick 172c, Ma H4), very fine Estimate HK$1,200-1,600

950 Hong Kong and Shanghai Banking Corporation, $1 (2), 1 January 1929, serial number E 454282/283, blue and green and pink, helmeted head of Minerva at left, two printed signatures at low centre, reverse purple, seated maiden at centre, arms of the bank at right, value low centre, value at each corner (Pick 172b, Ma H4), in PCGS holders 55 and 53, choice about new and about new, scarce in this grade especially as a consecutive pair (2) Estimate HK$8,000-10,000

952 Hong Kong and Shanghai Banking Corporation, $1, 1 June 1935, serial number G 658552, blue and green and pink, helmeted head of Minerva at left, two printed signatures at low centre, reverse purple, seated maiden at centre, arms of the bank at right, value low centre, value at each corner (Pick 172c, Ma H4), an original uncirculated, scarce in this grade Estimate HK$3,000-4,000

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January 18 & 19, 2014 - Hong Kong

953 Hong Kong and Shanghai Banking Corporation, $1, 1 June 1935, serial number H 335004, blue, pink and green, helmeted head of Minerva at left, reverse purple, maiden with torch at centre (Pick 172b, Ma H4), uncircuated Estimate HK$3,000-3,500

51

BANKNOTES OF HONG KONG AND MACAU

AN EXCEPTIONAL HONG KONG BANK $5 of 1884

954 Hong Kong and Shanghai Banking Corporation, $5, 1 May 1884, serial number 191599, green and white, arms of the bank top centre, value in red underprint low left and right, manuscript signature low left and printed signature low right, reverse red and white, arms of the bank at centre, value at left and right (Pick 172a, Ma H5), extremely fine, a bright and striking example Estimate HK$250,000-300,000

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January 18 & 19, 2014 - Hong Kong

A RARE SPECIMEN 5 DOLLAR OF 1900

955 Hong Kong and Shanghai Banking Corporation, specimen $5, 1 December 1901, serial number 565001-765000, green with an orange central panel, arms of the Bank top centre, value in orange underprint low centre, value at each corner, bank title in curve top centre, signature of J.R.M.Smith low right, reverse red and white, allegorical maidens at centre representing commerce and personified by Communications, Industry and Agriculture, value at each corner (Pick 150s, Ma H7, Cribb 2.41), ink date ‘Decr 1900’ in top margin, perforated SPECIMEN, in PCGS holder 53, (apparent) about new, small paper scuff on reverse at left, very rare Estimate HK$40,000-60,000

956 Hong Kong and SHanghai Banking Corporation, $5, 1 January 1901, serial number 616074, green with an orange central panel, value and Bank arms at centre, value at each corner, manuscript signature low left, printed signature of Thomas Jackson low right, reverse red, three allegorical maidens representing Ceres, Communication and Industry at centre, value at each corner (Pick 150, Ma H7, Cribb 2.41) In PCGS holder 6, (apparent) good, writing in ink on face and reverse. A very rare early date Estimate HK$10,000-14,000

957 Hong Kong and Shanghai Banking Corporation, $5, 1 January 1901, serial number 695184 green with an orange central panel, value and Bank arms at centre, value at each corner, manuscript signature low left, printed signature of Thomas Jackson low right, reverse red, three allegorical maidens representing Ceres, Communication and Industry at centre, value at each corner (Pick 150, Ma H7, Cribb 2.41) Graffiti on reverse, in PCGS holder 3, (apparent) about good Estimate HK$5,000-7,000

53

BANKNOTES OF HONG KONG AND MACAU

958 Hong Kong and Shanghai Banking Corporation, $5, 1 January 1901, serial number 733544 green with an orange central panel, value and Bank arms at centre, value at each corner, manuscript signature low left, printed signature of Thomas Jackson low right, reverse red, three allegorical maidens representing Ceres, Communication and Industry at centre, value at each corner (Pick 150, Ma H7, Cribb 2.41) Multiple Chinese annotations on reverse, in PCGS holder 8, (apparent) very good, presentable and very rare Estimate HK$15,000-20,000

959 Hong Kong and Shanghai Banking Corporation, specimen $5, 1 May 1904, serial number 765001865000, green with an orange and pale blue ornate central panel, arms of the Bank top centre, value in orange underprint low centre, value at each corner, bank title in curve top centre, signature of J.R.M.Smith low right, reverse red and white, allegorical maidens with lion at centre representing commerce and personified by Communications, Industry and Agriculture, value at each corner (Pick 156s, Ma H7, Cribb 2.42), perforated CANCELLED, in PCGS holder 53, about new, PPQ, very rare Estimate HK$30,000-50,000

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January 18 & 19, 2014 - Hong Kong

960 Hong Kong and Shanghai Banking Corporation, $5, Hong Kong, 1 January 1909, serial number A 181675, green and orange, Bank arms and value at centre, value in orange underprint low centre, water carrier, sedan chair and street scene at left, junk at right, manuscript signature low left, printed signature of J R M Smith low right, reverse red, bank building at centre, value at left and right (Pick 161. Ma H8, Cribb 2.45) damage at right, graffiti on reverse, very good, rare Estimate HK$4,000-6,000

AN ABOVE AVERAGE $5 OF 1909, VERY RARE FOR TYPE

961 Hong Kong and Shanghai Banking Corporation, $5, 1 January 1909, serial number A 186210, green and pale orange, value in orange low centre, arms at centre, junk at right, water carriers and street scene at left, manuscript signature low left, printed signature of E.R.M.Smith low right, reverse red, bank building at centre, value at left and right (Pick 161, Ma H8), in PCGS holder 25, (apparent) very fine, paper scuffs on face and back, rare both as an early date and in this grade Estimate HK$50,000-70,000 55

BANKNOTES OF HONG KONG AND MACAU

962 Hong Kong and Shanghai Banking Corporation, $5, Hong Kong, 1 July 1916, serial number A 230289, green and orange, Bank arms and value at centre, value in orange underprint low centre, water carrier, sedan chair and street scene at left, junk at right, manuscript signature low left, printed signature of Stabb (?) low right, reverse red, bank building at centre, value at left and right (Pick 166, Ma H8, Cribb 2.45) right margin a little untidy otherwise about fine and rare Estimate HK$7,000-9,000

963 Hong Kong and Shanghai Banking Corporation, $5, Hong Kong, 1 July 1916, serial number A 305629, green and orange, Bank arms and value at centre, value in orange underprint low centre, water carrier, sedan chair and street scene at left, junk at right, manuscript signature low left, printed signature of Stabb (?) at low right, reverse green, bank building at centre, value at left and right (Pick 161, Ma H8, Cribb 2.45), in PCGS holder 10, very good. Paper still retaining some strength, rare Estimate HK$25,000-35,000

964 Hong Kong and Shanghai Banking Corporation, $5, Hong Kong, 1 July 1916, serial number A 326094, green and orange, Bank arms and value at centre, value in orange underprint low centre, water carrier, sedan chair and street scene at left, junk at right, manuscript signature low left, printed signature of Stabb (?) at low right, reverse green, bank building at centre, value at left and right (Pick 161, Ma H8, Cribb 2.45), in PCGS holder 12, (apparent) fine.

Paper still retaining some strength, writing in ink on reverse, rare Estimate HK$20,000-25,000

965 Hong Kong and Shanghai Banking Corporation, $5, Hong Kong, 1 July 1916, serial number A 370116, green and orange, Bank arms and value at centre, value in orange underprint low centre, water carrier, sedan chair and street scene at left, junk at right, manuscript signature low left, printed signature of Stabb (?) at low right, reverse green, bank building at centre, value at left and right (Pick 161, Ma H8, Cribb 2.45), in PCGS holder 10, very good. Paper still retaining some strength, rare Estimate HK$25,000-30,000

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January 18 & 19, 2014 - Hong Kong

966 Hong Kong and Shanghai Banking Corporation, $5, Hong Kong, 1 July 1916, serial number A 398524, green and orange, Bank arms and value at centre, value in orange underprint low centre, water carrier, sedan chair and street scene at left, junk at right, manuscript signature low left, printed signature of Stabb (?) at low right, reverse green, bank building at centre, value at left and right (Pick 161, Ma H8, Cribb 2.45), in PCGS holder 12, (apparent) fine, red handstamp top right, internal split at centre, rare Estimate HK$15,000-20,000

967 Hong Kong and Shanghai Banking Corporation, $5, Hong Kong, 1 July 1916, serial number A 505468, green and orange, Bank arms and value at centre, value in orange underprint low centre, water carrier, sedan chair and street scene at left, junk at right, manuscript signature low left, printed signature of Stabb (?) at low right, reverse green, bank building at centre, value at left and right (Pick 161, Ma H8, Cribb 2.45), in PCGS holder 15, (apparent) fine.

Paper still retaining some strength, ink stamps, small stains, attractive and rare Estimate HK$20,000-30,000

AN ATTRACTIVE $5 OF 1923

968 Hong Kong and Shanghai Banking Corporation, $5, 1 January 1923, serial number B 395302, green and pale orange, value in orange low centre, arms at centre, junk at right, water carriers and street scene at left, manuscript signature low left, printed signature of A.Stephen low right, reverse green and brown, bank building at centre, value at left and right (Pick 166, Ma H8), extremely fine, rare Estimate HK$40,000-50,000

57

BANKNOTES OF HONG KONG AND MACAU

'MAIDEN RECLINING' type $5

969 Hong Kong and Shanghai Banking Corporation, obverse and reverse die proof for $5, Hong Kong, ND (c.1927), black and white, maiden at right, arms at centre, reverse black and white, bank building and angel (Ma H 9 for type), multiple annotations and trimmed to design, rare (2) Estimate HK$3,000-4,000

970 Hong Kong & Shanghai Banking Corporation, $5 (3), 1927 (2) and 1929, serial numbers D445991, D876939 and E009717, brown on red and yellow underprint, arms at centre, maiden at right, three signature combinations (Pick 173a, Ma H9), presentable fine (3) Estimate HK$2,800-3,200

971 Hong Kong and Shanghai Banking Corporation, $5, 1 October 1930, serial number F 171392, brown and multicoloured, maiden reclining at right, arms at centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse brown, bank building at centre, an angel above, value at left and right (Pick 173b, Ma H9), very fine and fresh, scarce Estimate HK$8,000-10,000

972 Hong Kong and Shanghai Banking Corporation, $5, 2 January 1933, serial number F 611311, brown and multicoloured, maiden reclining at right, arms at centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse brown, bank building at centre, an angel above, value at left and right (Pick 173b, Ma H9), in PCGS holder 55, choice about new, scarce Estimate HK$18,000-20,000

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January 18 & 19, 2014 - Hong Kong

975 Hong Kong and Shanghai Banking Corporation, $5, 1 July 1937, serial number H 057943, brown and multicoloured, maiden reclining at right, arms at centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse brown, bank building at centre, an angel above, value at left and right (Pick 173b, Ma H9), an almost imperceptible central crease, thus good extremely fine, scarce and a consecutive number to the preceding lot Estimate HK$8,000-10,000

973 Hong Kong and Shanghai Banking Corporation, $5, 1 January 1934, serial number F 812964, brown and multicoloured, maiden reclining at right, arms at centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse brown, bank building at centre, an angel above, value at left and right (Pick 173b, Ma H9), about new and scarce Estimate HK$10,000-12,000

974 Hong Kong and Shanghai Banking Corporation, $5, 1 July 1937, serial number H 057942, brown and multicoloured, maiden reclining at right, arms at centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse brown, bank building at centre, an angel above, value at left and right (Pick 173b, Ma H9), one faint central crease but a lovely vibrant note, scarce Estimate HK$7,000-8,000

976 Hong Kong and Shanghai Banking Corporation, $5, 1 April 1941, serial number J 394166, brown and multicoloured, maiden reclining at right, arms at centre, additional number 3145 in right field, printed signature low left and printed signature of Vandeleur Grayburn low right, reverse brown, bank building at centre, an angel above, additional number 3145 in right field, value at left and right (Pick 173c, Ma H9a), uncirculated, and a scarce ‘Duress’ issue for use during World War II Estimate HK$7,000-8,000

59

BANKNOTES OF HONG KONG AND MACAU

977 Hong Kong and Shanghai Banking Corporation, $5, 1 April 1941, serial number J 394167, brown and multicoloured, maiden reclining at right, arms at centre, additional number 3145 in right field, printed signature low left and printed signature of Vandeleur Grayburn low right, reverse brown, bank building at centre, an angel above, additional number 3145 in right field, value at left and right (Pick 173c, Ma H9a), in PCGS holder 66, gem new, PPQ,and a scarce ‘Duress’ issue for use during World War II. This note a consecutive number to the preceding lot Estimate HK$8,000-10,000

978 Hong Kong and Shanghai Bank Corporation, $5 (3), 1941,1946,1959, brown, arms top centre, maiden at right, also $10, 1949, green, Ceres and arms at left (Pick 173d,173e,180b, 179Aa, Ma H 9a,14a), one $5 fine, balance good very fine (4) Estimate HK$1,400-1,600

979 Hong Kong and Shanghai Banking Corporation, $5 (3), 1954,1957,1959, brown and multicoloured, maiden reclining at right, arms top centre, two printed signatures below, reverse brown, bank building and angel (Pick 180a,b, Ma H9a), uncirculated, the 1954 scarce (3) Estimate HK$3,000-5,000

980 Hong Kong and Shanghai Banking Corporation, $5, 1 July 1954, serial numbers B/H 897065-068, brown on multicoloured underprint, maiden at left, coat of arms and value at centre, watermark of helmeted warrior at left, reverse brown, HSBC building at centre (Ma H9a), almost uncirculated. (4) Estimate HK$3,000-4,000

981 Hong Kong and Shanghai Banking Corporation, $5, 7 August 1958, serial number, J/H 859831, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse brown, bank head office and angel above (Ma H 9a), in PMG holder 67 super gem uncirculated, EPQ Estimate HK$2,500-4,500

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January 18 & 19, 2014 - Hong Kong

982 Hong Kong and Shanghai Banking Corporation, $5, 14 December 1957, serial number G/ H 322113, brown and multicoloured, maiden reclining at right, arms at centre, printed signature low left and right, reverse brown, bank building at centre, an angel above, value at left and right (Ma H9a), uncirculated Estimate HK$1,500-2,000

985 Hong Kong and Shanghai Banking Corporation, $5, 7 August 1958, consecutive run of 10, serial number, M/H009621-009630, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse brown, bank head office and angel above (Ma H 9a), uncirculated (10) Estimate HK$15,000-20,000

983 Hong Kong and Shanghai Banking Corporation, $5, 7 August 1958, consecutive run of 10, serial number, M/H009601-009610, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse b r o w n , b a n k h e a d o ff i c e a n d a n g e l a b o v e (Ma H 9a), uncirculated(10) Estimate HK$15,000-20,000

986 Hong Kong and Shanghai Banking Corporation, $5, 7 August 1958, consecutive run of 10, serial number, M/H009631-009640, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse brown, bank head office and angel above (Ma H 9a), uncirculated (10) Estimate HK$15,000-20,000

984 Hong Kong and Shanghai Banking Corporation, $5, 7 August 1958, consecutive run of 10, serial number, M/H009611-009620, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse b r o w n , b a n k h e a d o ff i c e a n d a n g e l a b o v e (Ma H 9a), uncirculated (10) Estimate HK$15,000-20,000

987 Hong Kong and Shanghai Banking Corporation, $5, 4 February 1959, serial number P/H 008529, brown and multicoloured, maiden at right, arms at centre, two printed signatures below (Ma H9a), last date for type. In PMG 64 choice uncirculated Estimate HK$1,200-1,400 61

BANKNOTES OF HONG KONG AND MACAU

988 Hong Kong and Shanghai Banking Corporation, $5, 2 May 1959, consecutive run of 5, serial number 996996 AJ to 996700, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse brown, bank head office and angel above (Ma H 10), uncirculated (5) Estimate HK$1,200-1,500

989 Hong Kong and Shanghai Banking Corporation, $5, 12 February 1960, serial number 888888 AK, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse brown, bank head office and angel above (Ma H 10), uncirculated and a very lucky number, most desirable Estimate HK$20,000-25,000

991 Hong Kong and Shanghai Banking Corporation, $5, 1 Feb 1965, consecutive run of 100, serial number 629301 BG to 629400, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse brown, bank head office and angel above (Ma H 10), uncirculated (100) Estimate HK$15,000-18,000

992 Hong Kong and Shanghai Banking Corporation, $5, 18 Mar 1971, consecutive run of 100, serial number 625101 BG to 625200, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse brown, bank head office and angel above (Ma H 10), uncirculated (100) Estimate HK$8,000-10,000

990 Hong Kong and Shanghai Banking Corporation, $5, 29 June 1960, serial number 333333 AU, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse brown, bank head office and angel above (Ma H 10), uncirculated Estimate HK$10,000-12,000

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January 18 & 19, 2014 - Hong Kong

993 Hong Kong and Shanghai Banking Corporation, $5, 13 March 1972, serial numbers 033431-433, brown, maiden at right, coat of arms at centre, reverse brown, bank building at center, number 033432 is a gutter fold error whilst 431 and 433 are normal notes (Ma H10), uncirculated and not often seen as consecutive numbers (3) Estimate HK$1,000-1,200

995 Hong Kong and Shanghai Banking Corporation, $5, 31 October 1973, black serial numbers, brown, maiden at right, coat of arms at centre, reverse brown, bank building at centre. All the notes are off centre with the whole print shifted to the bottom (Ma H10), uncirculated, and not often seen as consecutive numbers (42) Estimate HK$3,000-4,000

994 Hong Kong and Shanghai Banking Corporation, $5, 13 March 1972, black serial numbers, brown, maiden at right, coat of arms at centre, reverse brown, bank building at center. All the notes are off centre with the whole print shifted to the top (Ma H10), uncirculated, scarce as a consecutive set (20) Estimate HK$1,200-1,500

996 Hong Kong and Shanghai Banking Corporation, $5, 31 Oct 1973, consecutive run of 100, serial number 151501 FG to 151600, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse brown, bank head office and angel above (Ma H 10), uncirculated (100) Estimate HK$3,000-4,000

63

BANKNOTES OF HONG KONG AND MACAU

997 Hong Kong and Shanghai Banking Corporation, $5, 31 October 1973, serial numbers 933321 933340 FF (20) and $5, 31 March 1975 (7) serial numbers 096371-096377 FW, brown, maiden at left, coat of arms at centre, reverse brown, bank building at centre (Ma H10), uncirculated, and not often seen as consecutive numbers (27) Estimate HK$1,800-2,000

999 Hong Kong and Shanghai Banking Corporation, $5, 31 Mar 1975, serial number 400000 FZ, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse brown, bank head office and angel above (Ma H 10), uncirculated and the last ever HSBC $5, very rare and sought after note Estimate HK$3,000-4,000

998 Hong Kong and Shanghai Banking Corporation, $5, 31 Mar 1975, serial number 111111 FT, brown and multicoloured, maiden at right, arms top centre, two printed signatures below, reverse brown, bank head office and angel above (Ma H 10), uncirculated Estimate HK$5,000-6,000

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January 18 & 19, 2014 - Hong Kong

A REMARKABLE GROUP OF CONTEMPORARY FORGERIES

1000 Hong Kong and Shanghai Banking Corporation, a contemporary forgery of a $10, Hong Kong, 1 April 1894, no serial numbers, blue and salmon pink, arms of the bank top centre, value top left and right, two printed signatures below, the right hand signature of F.de Bovis, reverse red and white, arms of the bank at centre (Pick 143 for type, Ma H11a, Cribb 2.34), a Barclay and Fry engraving.

Handstamped FORGERY. This note and the following two notes are accompanied by a letter dated ‘Singapore 5 June 1898’ and written in French and explaining that these notes were believed fabricated in Germany and passed in Colombo (Ceylon) and Singapore. The author also states he believes a total of $221,000 were made by the forgers. Good extremely fine and most interesting and attractive and dated by the letter.

Very rare and unusual Estimate HK$20,000-30,000

65

BANKNOTES OF HONG KONG AND MACAU

1001 Hong Kong and Shanghai Banking Corporation, a contemporary forgery of a $25, Hong Kong, manuscript date 2 January 18-, serial numbers 53010, brown and white, arms of the bank top centre, value top left and right, two manuscript signatures below, reverse red and white, arms of the bank at centre (Pick 144 for type, Ma H-, Cribb 2.35 for similar), neither Pick or Cribb show a $25. Handstamped FORGERY, extremely fine and attractive. Extremely rare Estimate HK$30,000-40,000

1002 H o n g K o n g a n d S h a n g h a i B a n k i n g C o r p o r a t i o n , a c o n t e m p o r a r y f o rg e r y o f a $ 5 0 , Hong Kong, 1 S e p t e m b e r 1 8 9 3 , s e r i a l n u m b e r s 5 0 6 2 4 , v i o l e t a n d o a k e y e l l o w - g r e e n , a r m s o f t h e b a n k t o p c e n t r e , v a l u e t o p l e f t a n d r i g h t , t w o p r i n t e d s i g n a t u r e s b e l o w, the right hand signature of Thomas Jackson,reverse red and white, arms of the bank at centre (Pick 145 for type, Ma H21, Cribb 2.36 for type), handstamped FORGERY, good extremely fine and attractive.

Extremely rare Estimate HK$30,000-40,000

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January 18 & 19, 2014 - Hong Kong

HONG KONG BANK $10 of 1904

1003 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 May 1904, serial number 425001-525000, blue with a lilac and green ornate central panel, arms of the Bank top centre, value in blue at centre, value at each corner, bank title in curve top centre, signature of J.R.M.Smith low right, reverse red and white, Mercury and Britannia at centre with symbols of commerse, medallic head of Britannia at left and right, value at each corner, allegorical maidens with lion at centre representing commerce and personified

by Communications, Industry and Agriculture, value at each corner (Pick 157s, Ma H12, Cribb 2.42), perforated CANCELLED, in PCGS holder 58, choice about new, PPQ, and very rare Estimate HK$40,000-60,000

1004 Hong Kong and Shanghai Banking Corporation, $10, Hong Kong, 1 December 1900, serial number 225491, blue with a pink-red central panel, Bank arms and vaue at centre, value in underprint low centre and value at each corner, manuscript signature low left, printed signature of Thomas Jackson low right, reverse red, Mercury and Britannia at centre with symbols of commerce, medallic female head at left and right (Piack 151, Ma H12, Cribb 2.41) Chinese annotations on reverse, very good and very rare Estimate HK$5,000-8,000

1005 Hong Kong and Shanghai Banking Corporation, $10, Hong Kong, 1 December 1900, serial number 284367 blue with a pink-red central panel, Bank arms and vaue at centre, value in underprint low centre and value at each corner, manuscript signature low left, printed signature of Thomas Jackson low right, reverse red, Mercury and Britannia at centre with symbols of commerce, medallic female head at left and right (Pick 151, Ma H12, Cribb 2.41) Chinese annotations on reverse, very good and very rare Estimate HK$5,000-8,000 67

BANKNOTES OF HONG KONG AND MACAU

1006 Hong Kong and Shanghai Banking Corporation, $10, Hong Kong, 1 July 1902, serial number 381712, blue with a pink-red central panel, Bank arms and vaue at centre, value in underprint low centre and value at each corner, manuscript signature low left, printed signature of J R M Smith low right, reverse red, Mercury and Britannia at centre with symbols of commerce, medallic female head at left and right (Pick 151, Ma H12, Cribb 2.41) Chinese annotations on reverse, very good and very rare Estimate HK$5,000-8,000

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January 18 & 19, 2014 - Hong Kong

AN EXCEPTIONAL ISSUED $10 OF 1902

1007 Hong Kong and Shanghai Banking Corporation, $10, 1 July 1902, serial number 378478, blue and pink-red, value in pink-red underprint low centre, arms top centre, value at centre and at each corner, manuscript signature low left, printed signature of E.R.M.Smith low right, reverse red, Mercury and Britannia at centre in circular frame with bank title around, helmeted female head at left and right, value at each corner (Pick 151, Ma H12, Cribb 2.41), fresh very fine with a handsome appearance, rust stains, small hole at top right, very rare, attractive Estimate HK$150,000-180,000

69

BANKNOTES OF HONG KONG AND MACAU

1008 Hong Kong and Shanghai Banking Corporation, $10, Hong Kong, 1 July 1902, serial number 391595 blue with a pink-red central panel, Bank arms and vaue at centre, value in underprint low centre and value at each corner, manuscript signature low left, printed signature of J R M Smith low right, reverse red, Mercury and Britannia at centre with symbols of commerce, medallic female head at left and right (Pick 151, Ma H12, Cribb 2.41) Chinese annotations, very good and very rare Estimate HK$7,000-9,000

1009 Hong Kong and Shanghai Banking Corporation, $10, Hong Kong, 1 July 1913, serial number A 513830, blue and pale pink-red, Bank arms and value at centre, value in blue-grey underprint low centre, boats and coastline at left, people on a shoreline at right, manuscript signature low left, printed signature of Stabb (?) at low right, reverse green and brown, bank building at centre, value at left and right (Pick 167, Ma H13, Cribb 2.45), in PCGS holder 10, (apparent) very good. Rare Estimate HK$15,000-25,000

1010 Hong Kong and Shanghai Banking Corporation, 10 dollars, 1 July 1913, serial number A514336, blue on red underprint, waterfront at right, horseman and walkers at right, reverse olive green and brown, (Pick 167, Ma H13), central and vertical folds, some small nicks at bottom, corner damaged, about fine and presentable Estimate HK$35,000-45,000

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January 18 & 19, 2014 - Hong Kong

1011 Hong Kong and Shanghai Banking Corporation, $10, Hong Kong, 1 July 1913, serial number A 602292, blue and pale pink-red, Bank arms and value at centre, value in blue-grey underprint low centre, boats and coastline at left, people on a shoreline at right, manuscript signature low left, printed signature of Stabb (?) at low right, reverse green and brown, bank building at centre, value at left and right (Pick 167, Ma H13, Cribb 2.45), in PCGS holder 15, (apparent) fine, writing in ink on reverse, paper still retaining some strength, rare Estimate HK$25,000-35,000

A SUPERB GROUP OF ‘CERES’ $10, 1927-1959

1013 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 October 1927, serial number D 000000, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, printed signature of A.C.Hynes low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 174as, Ma H14, Cribb 2.50), perforated CANCELLED, red SPECIMEN overprint, in PCGS holder 65, Gem New, PPQ Estimate HK$8,000-12,000

1012 Hong Kong and Shanghai Banking Corporation, obverse and reverse die proof for $10, Hong Kong, ND (c.1927), black and white, Ceres top left, arms at top centre, reverse black and white, bank building and angel (Ma H 14 for type, Pick 173 for type), multiple annotations and trimmed to design, rare (2) Estimate HK$3,000-3,500

71

BANKNOTES OF HONG KONG AND MACAU

1014 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 October 1927, serial number E 000000, blue-green and pink, maiden (Ceres) top left in circular frame, Bank arms top right centre, signature of A.C.Hynes low right, reverse blue-green and multicoloured, Bank building at centre, angel above, value at each corner (Pick 174b, Ma H14, Cribb 2.50), ink date ‘22.10.29’ in top margin, perforated CANCELLED, in PCGS holder 35, (apparent) very fine, mounting residue, the first date of issue and a lovely fresh example, rare Estimate HK$8,000-12,000

1015 Hong Kong and Shanghai Banking Corporation, $10, 1 October 1927, serial number D 915324, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of A.C.Hynes low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 174a, Ma H14, Cribb 2.50), in PCGS holder 12, (apparent) fine, with small internal splits, first year of issue for type, scarce Estimate HK$2,000-2,500

1016 Hong Kong & Shanghai Banking Corporation, $10 (4), 1927 (2) and 1929 (2), blue on multicolour underprint, maiden at top left, arms at top centre right, four signature combinations (Pick 174a, 174b, Ma H14, Cribb 2.50), fine (4) Estimate HK$3,200-3,800

1017 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 October 1927, serial number E 000000, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, printed signature of A.C.Hynes low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 174bs, Ma H14, Cribb 2.50), perforated CANCELLED, red SPECIMEN overprint, in PCGS holder 63, choice new, PPQ, rare Estimate HK$8,000-10,000

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January 18 & 19, 2014 - Hong Kong

1020 specimen $10, 1 October 1930, serial number F 000,000, blue and multicoloured, Ceres at top left, arms top right, printed signature of Grayburn low right, reverse blue and multicoloured, bank building and angel at centre, (Pick 178a, Ma H 14, Cribb 2.50), perforated CANCELLED, red SPECIMEN overprint, uncirculated, rare Estimate HK$7,000-9,000

1018 specimen $10, 1 January 1929, serial number D 000000, blue-green and pink, maiden (Ceres) top left in circular frame, Bank arms top right centre, signature of A.C.Hynes low right, reverse blue-green and multicoloured, Bank building at centre, angel above, value at each corner, serial number D 500001-D 1000000 at each corner (Pick 174a, Ma H14, Cribb 2.50), ink date ‘6.6.28’ in top margin, perforated CANCELLED, in PCGS holder 58, choice about new, PPQ, the first date of issue, rare Estimate HK$8,000-12,000

1021 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 October 1927, serial number E 000000, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, printed signature of A.C.Hynes low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 174bs, Ma H14, Cribb 2.50), perforated CANCELLED, red SPECIMEN overprint, in PCGS holder 58, choice about new, rare Estimate HK$8,000-10,000

1019 Hong Kong and Shanghai Banking Corporation, $10, 1 October 1927, serial number E 599959, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of A.C.Hynes low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 174b, Ma H14, Cribb 2.50), in PCGS holder 15, (apparent) fine, minor rust stains, writing on back, small internal splits, but second year of issue for type, thus scarce Estimate HK$1,500-2,000

73

BANKNOTES OF HONG KONG AND MACAU

1022 specimen $10, 1 September 1930, serial number E 000000, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, printed signature of V.M.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 174cs, Ma H14, Cribb 2.50), perforated CANCELLED, red SPECIMEN overprint, in PCGS holder 62, (apparent) new, mounting traces on reverse Estimate HK$8,000-10,000

1024 $10, 1 September 1930, serial number E 915708, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of V.M.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 174c, Ma H14, Cribb 2.50), in PCGS holder 20, very fine, scarce Estimate HK$4,000-6,000

1023 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 October 1930, serial number F 000000, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, printed signature of V.A.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178as, Ma H14, Cribb 2.50), perforated CANCELLED, red SPECIMEN overprint, in PCGS holder 63, choice new, rare Estimate HK$8,000-10,000

1025 Hong Kong and Shanghai Banking Corporation, $10, 1 October 1930, serial number F 624817, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of V.M.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178a, Ma H14, Cribb 2.50), ink stamps and minor rust stains, in PCGS holder 25, (apparent) vey fine, thus scarce Estimate HK$4,000-6,000

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January 18 & 19, 2014 - Hong Kong

1026 $10, 1 October 1930, serial number F 862502, blue-green and pink, Ceres top left, arms top right centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse blue-green, serial number at each corner, bank building at centre, an angel above (Pick 178a, Ma H14, Cribb 2.50), in PCGS holder 53, about new, and a scarce early date Estimate HK$6,000-7,000

1028 specimen $10, 1 January 1932, serial number G 133037, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of V.M. Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178a, Ma H14, Cribb 2.50), in PCGS holder 20, (apparent) very fine, handstamp on reverse, small internal splits, scarce Estimate HK$3,000-4,000

1027 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 January 1932, serial number G 000000, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, printed signature of V.M.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178as, Ma H14, Cribb 2.50), perforated CANCELLED, red SPECIMEN overprint, in PCGS holder 53, about new, rare Estimate HK$7,000-9,000

1029 Hong Kong and Shanghai Banking Corporation, $10, 2 January 1933, serial number G 229601, bluegreen and pink, Ceres top left, arms top right centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse blue-green, serial number at each corner, bank building at centre, an angel above (Pick 178a, Ma H14, Cribb 2.50), in PCGS holder 45, extremely fine, and a scarce early date Estimate HK$7,000-8,000

75

BANKNOTES OF HONG KONG AND MACAU

1030 Hong Kong and Shanghai Banking Corporation, $10, 2 January 1933, serial number G 316839, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of V.M.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178a, Ma H14, Cribb 2.50), in PCGS holder 20, (apparent) very fine, some staining, scarce Estimate HK$2,500-3,000

1032 Hong Kong and Shanghai Banking Corporation, $10, 1 January 1934, serial number G 972918, blue-green and pink, Ceres top left, arms top right centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse blue-green, serial number at each corner, bank building at centre, an angel above (Pick 178a, Ma H14, Cribb 2.50), in PCGS holder 50, about new, fresh and a scarce early date Estimate HK$10,000-12,000

1031 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 January 1934, serial number G 670115, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of V.M. Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178a, Ma H14, Cribb 2.50), in PCGS holder 20, very fine, scarce Estimate HK$3,000-3,500

1033 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 January 1935, serial number H 295513, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of V.M.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178a, Ma H14, Cribb 2.50), in PCGS holder 20, very fine, scarce

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Estimate HK$2,500-3,000

January 18 & 19, 2014 - Hong Kong

1034 Hong Kong and Shanghai Banking Corporation, $10, 1 June 1936, serial number H 611755, blue-green and pink, Ceres top left, arms top right centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse blue-green, serial number at each corner, bank building at centre, an angel above (Pick 178a, Ma H14, Cribb 2.50), good extremely fine and a scarce early date Estimate HK$8,000-10,000

1036 Hong Kong and Shanghai Banking Corporation, $10, 1 July 1937, serial number J 875396, blue-green and pink, Ceres top left, arms top right centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse blue-green, serial number at each corner, bank building at centre, an angel above (Pick 178a, Ma H14), about new and a scarce early date Estimate HK$11,000-12,000

1035 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 January 1936, serial number H 761647, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of V.M.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178a, Ma H14, Cribb 2.50), in PCGS holder 25, (apparent) very fine, stains, scarce Estimate HK$2,000-2,500

1037 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 January 1937, serial number H 885689, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of V.M.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178a, Ma H14, Cribb 2.50), in PCGS holder 30, very fine, PPQ, scarce Estimate HK$3,000-3,500

77

BANKNOTES OF HONG KONG AND MACAU

1038 Hong Kong and Shanghai Banking Corporation, $10, 1 January 1937, serial number J 818560, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of V.M.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178a, Ma H14, Cribb 2.50), in PCGS holder 25, very fine, scarce Estimate HK$2,000-2,500

1040 Hong Kong and Shanghai Banking Corporation, $10,1 January 1938, serial number K309,996, green and pink, woman with harvest top left, coat of arms top center, one hand signed signature, reverse green and yellow, bank building at center (Pick 178a, Ma H14), solid very fine Estimate HK$2,000-2,500

1039 Hong Kong and Shanghai Banking Corporation, $10, 1 January 1938, serial number L 103454, blue-green and pink, Ceres top left, arms top right centre, manuscript signature low left, printed signature of Vandeleur Grayburn low right, reverse blue-green, serial number at each corner, bank building at centre, an angel above (Pick 178a, Ma H14, Cribb 2.50), good extremely fine and a scarce early date Estimate HK$6,000-7,000

1041 Hong Kong and Shanghai Banking Corporation, $10, 1 January 1938, serial number L 118819, bluegreen and multicoloured, Ceres top left, arms top centre, value at centre and at each corner, manuscript signature low left, manuscript signature low right, reverse blue, green and multicoloured, bank building and angel at centre, value at left and right (Pick 178a, Ma H 14), fresh and uncirculated, scarce Estimate HK$6,000-8,000

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January 18 & 19, 2014 - Hong Kong

1042 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 January 1938, serial number L 283644, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of V.M.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178a, Ma H14, Cribb 2.50), in PCGS holder 53, about new, PPQ, thus rare Estimate HK$4,000-6,000

1044 Hong Kong and Shanghai Banking Corporation, $10, 31 March 1947, serial number Z 615853, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, two printed signatures below, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178d, Ma H14a, Cribb 2.50), in PCGS holder 30, very fine Estimate HK$1,200-1,600

1043 Hong Kong and Shanghai Banking Corporation, $10, 1 April 1941, serial number R 561969, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, manuscript signature low left, printed signature of V.M.Grayburn low right, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178c, Ma H14a, Cribb 2.50), in PCGS holder 50, about new, PPQ, and rare in this grade Estimate HK$3,500-4,500

1045 Hong Kong and Shanghai Banking Corporation, $10, 30 March 1946, serial number X 594094, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, two printed signatures below, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178d, Ma H14a, Cribb 2.50), about uncirculated Estimate HK$1,500-2,000

79

BANKNOTES OF HONG KONG AND MACAU

1048 Hong Kong and Shanghai Banking Corporation, $10 (2), 1953,1954, prefixes U/H and X/H, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, two printed signatures below, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 179Aa,b, Ma H14a), uncirculated (2) Estimate HK$2,000-2,500 1046 Hong Kong and Shanghai Banking Corporation, $10 (2), 1948,1949, prefixes D/H and P/H, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, two printed signatures below, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 178d,179Aa, Ma H14a), first in PCGS holder 53, about new, second in PCGS holder 55, choice about new (2) Estimate HK$2,000-2,500 1049 Hong Kong and Shanghai Banking Corporation, $10 (2), 1955, prefixes Z/H and E/J, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, two printed signatures below, reverse blue and multicoloured, the b a n k h e a d o ff i c e a t c e n t r e w i t h a n a n g e l and trumpet above, value at left and right (Pick 179Ab, Ma H14a), uncirculated (2) Estimate HK$2,000-2,500

1047 Hong Kong and Shanghai Banking Corporation, $10, 1 July 1949, serial number P/H 111111, dark green and multicoloured, maiden( Ceres ) top left, arms top right, two printed signatures below, reverse green and orange, bank building at centre, angel above (Pick 179Aa, Ma H 14a), a presentable VG Estimate HK$2,500-3,000

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January 18 & 19, 2014 - Hong Kong

1050 Hong Kong and Shanghai Banking Corporation, $10, 1 Mar 1955, consecutive run of 10, serial number C/J 848801-848810, dark green and multicoloured, maiden( Ceres ) top left, arms top right, two printed signatures below, reverse green and orange, bank building at centre, angel above (Ma H 14a), uncirculated (10) Estimate HK$20,000-25,000

1052 Hong Kong and Shanghai Banking Corporation, $10, 5 Oct 1956, consecutive run of 13, serial number L/J 561884-561896, dark green and multicoloured, maiden (Ceres) top left, arms top right, two printed signatures below, reverse green and orange, bank building at centre, angel above (Ma H 14a), uncirculated (13) Estimate HK$25,000-30,000

1051 Hong Kong and Shanghai Banking Corporation, $10, 1 Mar 1955, consecutive run of 10, serial number C/J 848811-848820, dark green and multicoloured, maiden( Ceres ) top left, arms top right, two printed signatures below, reverse green and orange, bank building at centre, angel above (Ma H 14a), uncirculated (10) Estimate HK$20,000-25,000

1053 Hong Kong and Shanghai Banking Corporation, $10 (2), 1941,1956, bluegreen and multicoloured, Ceres at top left, arms top centre, two printed signatures below, reverse blue-green, bank building and angel (Ma H14a), uncirculated, the 1941 scarce (2) Estimate HK$3,500-4,500

81

BANKNOTES OF HONG KONG AND MACAU

1054 Hong Kong and Shanghai Banking Corporation, $10 (2), 1956, 1958, prefixes K/J and Q/ J, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, two printed signatures below, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 179Ab, Ma H14a), uncirculated (2) Estimate HK$1,800-2,400

1056 Hong Kong & Shanghai Banking Corporation, proof $10, ND (issued from 1959-1983), no serial numbers, dark green on multicolour underprint , maidenattopleft , arms at low left, value at centre and each corner ( Pick 182 , MaH14afortype ) , wide margins, especially at left, one cancellation hole, uncirculated and scarce Estimate HK$3,000-4,000

1055 Hong Kong and Shanghai Banking Corporation, $10, 26 March 1958, serial number U/J 947777, blue-green and pink, Ceres top left, arms top right centre, two printed signatures below, reverse blue-green, no serial numbers at each corner, bank building at centre, an angel above (Pick 179Ac, Ma H14a), about new Estimate HK$2,500-3,000

1057 Hong Kong and Shanghai Banking Corporation, $10 , 4 February 1959, serial number X/J 299922, blue and pink and pale blue, Ceres top left, arms of the bank top right centre, two printed signatures below, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 179Ab, Ma H14a, Cribb 2.50), uncirculated Estimate HK$1,200-1,600

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January 18 & 19, 2014 - Hong Kong

1058 Hong Kong and Shanghai Banking Corporation, colour trial $10, ND (type of 1959), serial number 000000 GA, blue and pink and pale orange, Ceres top left, arms low left, reverse blue and pink-orange, bank building at centre, an angel above, value at left and right (Pick 182ct, Ma H15ct), red SPECIMEN overprint, in PCGS holder 63, choice new, cancellation holes, rare Estimate HK$6,000-7,000

1060 Hong Kong and Shanghai Banking Corporation, $10, 21 May 1959, consecutive run of 16, serial number 319271 GW-319286, green and multicoloured, maiden (Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated (16) Estimate HK$8,000-10,000

1059 Hong Kong and Shanghai Banking Corporation, $10 (10), 21 May 1959, consecutive run of 10, serial number 305086 GA-305095, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated (10) Estimate HK$2,000-2,500

1061 Hong Kong and Shanghai Banking Corporation, $10 (21), 12 Feb 1960, consecutive run of 21, serial number 794214 HC-794234, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated (21) Estimate HK$8,000-10,000

83

BANKNOTES OF HONG KONG AND MACAU

1062 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 September 1963, serial nummber 000000 HT, blue and pink and pale blue and lilac, Ceres top left, arms of the bank low left, two printed signatures below, reverse green and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Ma H15), cancellation hole, in PCGS holder 64, (apparent) very choice new, some pinholes at top left Estimate HK$3,000-4,000

1063 Hong Kong and Shanghai Banking Corporation, colour trial $10, ND (type of 1959), serial nummber 000000 GA, blue and pink and lilac, Ceres top left, arms of the bank low left, two printed signatures below, reverse blue and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 182ct, Ma H15ct, Cribb 2.75ct), cancellation holes, in PCGS holder 64, very choice new, PPQ, rare Estimate HK$4,000-6,000

1064 Hong Kong and Shanghai Banking Corporation, an unissued/proof $10, ND (type of 1977), no serial numbers, green and multicoloured, Ceres and arms at left, reverse green, bank building and angel (Ma H15, Pick 182h for type), perforated, uncirculated and rare Estimate HK$2,500-3,000

1065 Hong Kong and Shanghai Banking Corporation, an unissued/proof $10, ND (type of 1959), no serial numbers, green and multicoloured, detail omitted, reverse green, bank building and angel (Ma H15, Pick 182a for type), perforated, uncirculated and unusual, rare Estimate HK$2,000-2,500

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January 18 & 19, 2014 - Hong Kong 1066 Hong Kong and Shanghai Bank Corporation, $5 (5), 1960 (2), 1963,1971,1973, brown, arms top centre, maiden at right, the 1973 with serial number 007772 FF, also $10 (3), 1963,1964,1967, green, Ceres and arms at left (Pick181a,b,d,f, 182b,c,4, Ma H10,15) mixed but generally extremely fine, the $5 1 May 1963 a rare date (8) Estimate HK$2,000-3,000 1069 Hong Kong and Shanghai Banking Corporation, $10 (5), 1 May 1964, consecutive run of 5, serial number 306501 JC-306505, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated (5) Estimate HK$2,000-2,500 1067 Hong Kong and Shanghai Banking Corporation, $10 (25), 1 May 1963, consecutive run of 20 and 4, serial number 077621 HS-077640, 077647-50, and 1 Sept 1963, serial number 933221 HX, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated (25) Estimate HK$12,000-15,000 1068 Hong Kong and Shanghai Banking Corporation, $10 (5), 1959,1960,1963 (2),1964, green and pink and pale blue and lilac, Ceres top left, arms of the bank low left, two printed signatures b e l o w, r e v e r s e g r e e n a n d m u l t i c o l o u r e d , the bank head office at centre with an angel and trumpet above, value at left and right (Pick 182a,b,c, Ma H15, Cribb 2.75), 1963 fine, balance uncirculated (5) Estimate HK$1,500-2,000

1070 Hong Kong and Shanghai Banking Corporation, $10, 1 May 1964, serial number 542751 JK, green and pink, maiden and coat of arms at left, reverse green, bank building at centre. Error note with a large ‘shark fin’ at top left corner (Ma H15), single central fold, extremely fine Estimate HK$9,000-10,000

85

BANKNOTES OF HONG KONG AND MACAU

1071 Hong Kong and Shanghai Banking Corporation, $10 (10), 1 Sept 1964, consecutive run of 10, serial number 457081 JQ-457090, green and multicoloured, maiden (Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated (10) Estimate HK$5,000-6,000

1073 Hong Kong and Shanghai Banking Corporation, $10, an error note without the date or signatures although the prefix would indicate the note to be printed in 1965, serial number KN 043947, green and pink, maiden and coat of arms at left, reverse green, bank building at centre, (Ma H15), uncirculated Estimate HK$8,000-10,000

1072 Hong Kong and Shanghai Banking Corporation, $10, 1 October 1964, serial number 917583 JR, green and pale orange and lilac, Ceres and arms at left (Ma H15), uncirculated and a scarce date for type Estimate HK$2,000-2,200

1074 Hong Kong and Shanghai Banking Corporation, $10, 1 Feb 1965, serial number 333333 JX, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated and very rare solid number Estimate HK$5,000-6,000

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January 18 & 19, 2014 - Hong Kong

1077 Hong Kong and Shanghai Banking Corporation, $10, 27 March 1969, serial number 274162 MV, green and pink, maiden and coat of arms at left, reverse green, bank building at centre.

Error note with the black printing severely shifted towards the left, a very unusual error (Ma H15), uncirculated Estimate HK$3,000-4,000

1075 Hong Kong and Shanghai Banking Corporation, specimen $10, 31 July 1967, serial number 000000 LJ, green and pink and pale blue and lilac, Ceres top left, arms of the bank low left, two printed signatures below, reverse green and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Ma H15), perforated, uncirculated and scarce Estimate HK$3,000-3,500

1078 Hong Kong and Shanghai Banking Corporation, $10 , 18 March 1971, serial number 777777 QC, green and pink and pale blue and lilac, Ceres top left, arms of the bank low left, two printed signatures below, reverse green and multicoloured, the bank head office at centre with an angel and trumpet above, value at left and right (Ma H15), in PCGS holder 58, choice about new, and a good solid number Estimate HK$3,500-4,500

1076 Hong Kong and Shanghai Banking Corporation, $10, 20 March 1968, serial number 452517 MP, green and pink, maiden and coat of arms at left, reverse green, bank building at centre. Error note with a large ‘shark fin’ at top right corner (Ma H15), uncirculated Estimate HK$10,000-12,000

87

BANKNOTES OF HONG KONG AND MACAU

1079 Hong Kong and Shanghai Banking Corporation, $10, 18 March 1971, serial number 444444 QJ, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated Estimate HK$2,000-4,000

1080 Hong Kong and Shanghai Banking Corporation, $10, 18 March 1971, serial number 000008 PX, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated and an interesting lucky number Estimate HK$1,500-2,000

1081 Hong Kong and Shanghai Banking Corporation, $10, 13 March 1972, serial number 207653 SD, green and pink, maiden and coat of arms at left, reverse green, bank building at centre. Error note with the ‘5’ in the left serial number being left out, an unusual error (Ma H15), uncirculated Estimate HK$11,000-12,000

1082 Hong Kong & Shanghai Banking Corporation, $10, 31 October 1972, serial number 072510 TU, dark green on multicolour underprint, maiden at top left, arms at low left, value at centre and each corner (Ma H15), uncirculated Estimate HK$5,000-7,000

1083 Hong Kong and Shanghai Banking Corporation, $10, 31 October 1972, serial number 102510 TV, green and pink, maiden and coat of arms at left, reverse green, bank building at centre (Ma H15), uncirculated . Error note with the multicoloured underprint on the reverse omitted, an unusual error Estimate HK$8,000-10,000

1084 Hong Kong and Shanghai Banking Corporation, $10, 31 Oct 1972, serial number 999999 TZ, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated and the 2nd last note of this serial number, thus rare Estimate HK$3,000-4,000

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January 18 & 19, 2014 - Hong Kong

1085 Hong Kong and Shanghai Banking Corporation, $10, 31 Oct 1972, serial number 10000000 TZ and GA 000001, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated , the last of TZ serial and the 1st of GA serial, interesting and rare (2)

1087 Hong Kong and Shanghai Banking Corporation, $10, 31 March 1977, serial number PH544477, green and pink, maiden and coat of arms at left, reverse green, bank building at centre.

Error note with the printing on the reverse being shifted to the right, an unusual error (Ma H15), extremely fine Estimate HK$3,000-4,000

1000000TZ & GA000001 這款拾圓紙幣的英文字軌最初是在號碼的右面， 由 GA 一直發行到 TZ，跟着英文字軌便轉到左 方。1000000TZ 是最後一張英文字軌在右方的 拾圓紙幣，而 GA000001 則是該款紙幣第一張 將英文字軌放在左方的鈔票。而這兩張更是一 對連號碼的紙幣，至為難得。 Estimate HK$30,000-40,000

1088 Hong Kong and Shanghai Banking Corporation, $10 (6), 1965,1967,1970,1972 (2),1977, green and pink and pale blue and lilac, Ceres top left, arms of the bank low left, two printed signatures b e l o w, r e v e r s e g r e e n a n d m u l t i c o l o u r e d , the bank head office at centre with an angel and trumpet above, value at left and right (Pick 182e,f,g,h, Ma H15, Cribb 2.75), uncirculated (6) Estimate HK$2,000-2,500

1086 Hong Kong and Shanghai Banking Corporation, $10 (16), 31 Oct 1973, serial number JB 000001 to JB 000010, JB 000011, 000111, 001111 and JB 000088, 000888, 008888, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated.(16) Estimate HK$3,000-4,000

1089 Hong Kong and Shanghai Banking Corporation, $10, 31 March 1979, serial number G/2 503936, green and pink, maiden and coat of arms at left, reverse green, bank building at centre. Error note with the printing on the obverse being much lighter than usual whilst the colour on the reverse is normal, (Ma H15), uncirculated Estimate HK$1,200-1,500

89

BANKNOTES OF HONG KONG AND MACAU

1090 Hong Kong and Shanghai Banking Corporation, 10 dollars, 31 March 1983, serial number H/61 555555, dark green on multicoloured underprint, reverse new bank building at centre, (Ma H15), last date for type, crisp, fresh and about uncirculated to uncirculated Estimate HK$3,000-6,000

1091 Hong Kong and Shanghai Banking Corporation, $10, 1 January 1992, serial numbers XG 153638 - 640, green, coat of arms on left, watermark on right, reverse green with two lions flanking the HSBC bank building, note 153639 is an error note with the serial number double printed (Ma H16), uncirculated (3) Estimate HK$2,000-2,500

1092 Hong Kong and Shanghai Banking Corporation, a group of 39 $10 notes in 2 different years, 1 Feb 1965 (30), serial number 324550 KJ-324572 and 324594 KJ-324600, 27 Mar 1969(9), 631256 NS-631259 and 631273 NS-631277, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated (39) Estimate HK$6,000-7,000

1093 Hong Kong and Shanghai Banking Corporation, a group of $10 (33) notes from several different years, 12 Feb 1960 (5), serial number 737818 HH-737822, 1 Feb 1965(7), serial number 661174 JZ-661180, 31 July 1967(3),716281 LM716283, 20 Mar 1968(2), 253206 MB and 766447 MM, 23 NOV 1968(8), 630473 NC-630480, 27 Mar 1969(8), 144661 NK-144668, green and multicoloured, maiden (Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated (33) Estimate HK$6,000-7,000

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January 18 & 19, 2014 - Hong Kong

1094 Hong Kong and Shanghai Banking Corporation, a group of $10 notes (33), 1 Feb 1965 (16), serial number 324501 KJ-324505 and 324528 KJ324538, 27 Mar 1969 (17), 389284 NN-389300, green and multicoloured, maiden (Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated (33) Estimate HK$5,000-6,000

1096 Hong Kong and Shanghai Banking Corporation, $10 (100), 31 Mar 1983, consecutive run of 100, serial number H/47 833301-833400, green and multicoloured, maiden (Ceres) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated and with some interesting and lucky numbers (100) Estimate HK$3,000-4,000

1095 Hong Kong and Shanghai Banking Corporation, $10 (100), 31 Mar 1977, consecutive run of 100, serial number NJ 389901-390000, green and multicoloured, maiden (Ceres) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated with a small ink omission on NJ 389971 (100) Estimate HK$3,000-4,000

1097 Hong Kong and Shanghai Banking Corporation, $10 (100), 31 Mar 1983, consecutive run of 100, serial number H/47 833801-833900, green and multicoloured, maiden( Ceres ) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), uncirculated and with some interesting and lucky numbers (100) Estimate HK$3,000-4,000

91

BANKNOTES OF HONG KONG AND MACAU

1098 Hong Kong and Shanghai Banking Corporation, $10 (100), 31 Mar 1983, ascending ladder serial number H/55 123456, green and multicoloured, maiden (Ceres) and arms at left, two printed signatures below, reverse green, bank building at centre, angel above (Ma H 15), in PMG holder 64 choice uncirculated, EPQ Estimate HK$1,500-2,000

1099 Hong Kong and Shanghai Banking Corporation, $10, 1 Jan 1985, green and multicoloured, $20, 1 Jan 1986, blue and multicoloured, $100, 1 Jan 1985, red, same serial number AA 000022 (Ma H 16, 17, 35), uncirculated (3) Estimate HK$6,000-7,000

1101 Hong Kong and Shanghai Banking Corporation, $10, 1985, $50, 1985,$100,1985 (Pick 191a,193a,194a), uncirculated (3) Estimate HK$400-500

1102 Hong Kong and Shanghai Banking Corporation, $10, 1 January 1986, serial number HD 1000000, green and pale orange, arms at left, reverse bank building at centre, ships at right (Pick 191a, Ma H16), in PMG 66 gem uncirculated, EPQ Estimate HK$3,000-3,500

1100 Hong Kong and Shanghai Banking Corporation, $10, 1 January 1986, serial number HD 999999, green and pale orange, arms at left, reverse bank building at centre, ships at right (Pick 191a, Ma H16), in PMG 66 gem uncirculated, EPQ Estimate HK$3,000-3,500

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January 18 & 19, 2014 - Hong Kong

1103 Hong Kong and Shanghai Banking Corporation, specimen $20, 1 January 1986, serial number AA000000, deep gray-green and brown on purple and multicoloured, arms at left, printed signature below, reverse gray-green, bank building at centre, clock tower at right (Ma H 17s), in PMG holder 67 super gem uncirculated, EPQ Estimate HK$1,500-2,000

1105 Hong Kong and Shanghai Banking Corporation, $20, 1 January 1987, serial numbers AL858751770, dark grey/green and brown, coat of arms on left, watermark on right, reverse dark green with two lions flanking the HSBC bank building, (Ma H17) uncirculated and the key date for the series (20) Estimate HK$16,000-18,000

1104 Hong Kong and Shanghai Banking Corporation, $20 (2), 1987, prefix AL, blue-grey and $50, 1985, prefix AA, violet, both arms at left (Pick 192a,193a, Ma H17,26), one $20 PMG 66, balance in PMG holders 67 gem uncirculated, EPQ (3) Estimate HK$3,500-4,000

1106 Hong Kong and Shanghai Banking Corporation, $20, 1 January 1987, serial numbers AL858771790, dark grey/green and brown, coat of arms on left, watermark on right, reverse dark green with two lions flanking the HSBC bank building (Ma H17), uncirculated and the key date for the series (20) Estimate HK$16,000-18,000

93

BANKNOTES OF HONG KONG AND MACAU

A RARE SOLID NUMBER SET

1107 Hong Kong and Shanghai Banking Corporation, $20 (11), 1 Jan 1990, a superb set of consecutive solid numbers comprising BZ000001, 111111, 222222, 333333, 444444, 555555, 666666, 777777, 888888, 999999, 1000000, orange and multicoloured, arms at left, printed signature below, reverse orange, bank building at centre (Ma H 18), uncirculated and rare set (11) Estimate HK$80,000-100,000

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January 18 & 19, 2014 - Hong Kong 1108 Hong Kong and Shanghai Banking Corporation, $5 (10), 1975, brown, maiden at right, also $20 (6), 1986 and $20 (10), 1990 (Pick 181f,192,197), uncirculated (26)VG but a rare early date Estimate HK$2,400-2,800

1110 Hong Kong and Shanghai Banking Corporation, a sheet of 35 x $10, 1995, serial numbers GF 606543-936543, blue-grey and multicoloured, lion at left, view of Hong Kong at centre (Pick 201b, Ma H) uncirculated and scarce Estimate HK$10,000-12,000

1109 Hong Kong and Shanghai Banking Corporation, $20 (2), 1 January 1993, serial numbers AA798499500, grey/green, lion on left, Victoria Harbour at centre, reverse green and brown with two lions flanking the HSBC bank building at centre and Star Ferry at left, both notes are error notes with a slight inking error on one of lions giving it red stripe, (Ma H16), uncirculated (2) Estimate HK$400-500

A RARE SOLID NUMBER SET

1111 Hong Kong and Shanghai Banking Corporation, $20 (11), 1 January 2002, serial number UN 000001, UN 111111/222222/333333/444444/555555/666666/777777/888888/999999/1000000, 1 July 1930, serial number B281949, grey and lilac, lion at left, view of Hong Kong at centre, reverse multicoloured, bank building with lion at left and right (Ma H 18a), original fresh uncirculated and a superb solid number set (11) Estimate HK$30,000-35,000

95

BANKNOTES OF HONG KONG AND MACAU

A LOVELY SPECIMEN $50 OF 1901

1112 Hong Kong and Shanghai Banking Corporation, specimen $50, 1 January 1901, serial number 76001-86000, violet and grey-green, arms of the Bank top centre, value in violet at centre, value at each corner, bank title in curve top centre, signature of T.Jackson low right, reverse red and white, maiden representing Arts and allegorical symbols of the arts around, value at each corner (Pick 152s, Ma H22, Cribb 2.43), ink date ‘26th March 1901’ on reverse, perforated SPECIMEN, in PCGS holder 58, (apparent) choice about new, and very rare Estimate HK$60,000-80,000

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January 18 & 19, 2014 - Hong Kong

AN EXTREMELY RARE ISSUED $50 OF 1921 WITH ‘APOLLO’ HEAD

1113 Hong Kong and Shanghai Banking Corporation, $50, Hong Kong, 1 January 1921, serial number A 025434, lilac with a green central panel, classical male head at centre in oval frame (the Belvedere Apollo), arms of the Bank at left, the Great Wall of China at right, value in black tablet at centre, value at each corner. Manuscript signature low left, printed signature of A Stephen low right, reverse green and brown, bank building at centre, value at left and right (Pick 168, Ma H23, Cribb 2.46), in PCGS holder 15, fine, fresh and original. An exceptional example of this classic type, extremely rare in this grade Estimate HK$90,000-120,000

97

BANKNOTES OF HONG KONG AND MACAU

'COMMUNICATION' $50

1114 Hong Kong and Shanghai Banking Corporation, obverse and reverse die proof for a $50, Hong Kong, ND (c.1927), black and white, maiden at left on winged wheel (Communication), arms top centre, reverse black and white, bank building and angel (Ma H 24 for type), trimmed to design, very fine and very rare (2) Estimate HK$15,000-20,000

1115 Hong Kong and Shanghai Banking Corporation, $50, 1 October 1927, serial number B 007620, green, orange and lilac, maiden on winged wheel at left (Communication), arms top centre, manuscript signature low left, printed signature of Hynes at right, reverse green and multicoloured, bank building at centre, winged angel above (Ma H 24), about fine, grafitti on reverse, the first date for type, scarce Estimate HK$5,800-6,400

1116 Hong Kong and Shanghai Banking Corporation, specimen $50, 1 October 1930, serial number B 000000, green and multicoloured, maiden on winged wheel at left (Communication), arms top centre, value at centre and at each corner, printed signature of V.M.Grayburn low right, reverse green and lilac, bank building and angel at centre, value at left and right (Pick 175b, Ma H24, Cribb 2.52), annotation ‘5.9.30’ in top margin, perforated CANCELLED, in PCGS holder 64, very choice new, rare Estimate HK$25,000-30,000

1117 Hong Kong and Shanghai Banking Corporation, $50, 1 October 1930, serial number B 346516, green, orange and lilac, maiden on winged wheel at left (Communication), arms top centre, manuscript signature low left, printed signature of Grayburn low right, reverse green and multicoloured, bank building at centre, winged angel above (Ma H 24), good fine, scarce Estimate HK$5,800-6,400

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January 18 & 19, 2014 - Hong Kong

1118 Hong Kong & Shanghai Banking Corporation, $50, 1 October 1930, serial number B 350451, green and multicoloured, maiden on top of winged wheel at left (Communication), arms top centre, value at centre and at each corner, one manuscript signature, one printed signature, reverse green and multicoloured, bank building and angel at centre (Ma H 24), oval handstamp at right, fine, one of the earlier ‘duress’ notes for type, rare Estimate HK$3,000-4,000

1120 Hong Kong & Shanghai Banking Corporation, $50, 1 January 1934, serial number B434,309, green on multicolour underprint, maiden at left, arms at top centre, value at centre and each corner (Pick 175d, Ma H24), lightly pressed, good extremely fine, a scarce ‘Duress’ note Estimate HK$50,000-70,000

1119 Hong Kong and Shanghai Banking Corporation, $50, 1 January 1934, serial number B 433318, green and pale orange and lilac, maiden on winged wheel at left (Communication), arms top centre, manuscript signature low left, printed signature of Vandeleur Grayburn, reverse green and lilac, bank building and angel at centre, value at each corner (Pick 175c, Ma H24), in PCGS holder 55, choice about new, PPQ and a lovely example of the ‘Duress’ issue. Exceptional and very rare in this condition Estimate HK$50,000-70,000

1121 Hong Kong and Shanghai Banking Corporation, $50, 1 January 1934, serial number B 482035, green, orange and lilac, maiden on winged wheel at left (Communication), arms top centre, manuscript signature low left, printed signature of Grayburn low right, reverse green and multicoloured, bank building at centre, winged angel above (Ma H 24), about very fine, pleasing and scarce Estimate HK$10,000-11,000

99

BANKNOTES OF HONG KONG AND MACAU

1122 Hong Kong and Shanghai Banking Corporation, $50, 31 May 1968, serial number 333999D, blue, coat of arms at right, watermark of a helmeted warrior at left, reverse blue with bank building at left. Error note with the last ‘9’ on the left serial number being higher than the other numbers, (Ma H25), uncirculated, the first date of this series Estimate HK$800-1,000

1125 Hong Kong and Shanghai Banking Corporation, $50(3), 31 May 1968, serial number 880446 C -880448, blue and multicoloured, arms at right, two printed signatures low left, reverse blue, bank building at left (Ma H 25), all in PMG holder 64 choice uncirculated (3) Estimate HK$2,800-3,800

1123 Hong Kong and Shanghai Banking Corporation, $50, 31 May 1968, serial number 102114E, blue and multicoloured, arms at right (Pick 184a), concertina paper error in right field, good very fine and rare Estimate HK$3,500-4,000

1126 Hong Kong and Shanghai Banking Corporation, $5 (4), 1960,1972,1973,1975, brown, maiden at right, $10 (5), 1959,1965,1970,1972,1973, blue green, Ceres and arms at left, $50, 1969, blue, arms at right and $50, 1965, purple, arms at left (Pick 181a,e,f, 182a,e,g, 184a,193a,Ma H10,15,25,26), uncirculated (11) Estimate HK$2,000-3,000

1124 Hong Kong and Shanghai Banking Corporation, $50, 31 May 1968, serial number 123969 A and 828112 G, blue, coat of arms at right, watermark of a helmeted warrior at left, reverse blue with bank building at left (Ma H25), uncirculated, the first date of this series (2) Estimate HK$1,500-1,800

1127 Hong Kong and Shanghai Banking Corporation, $50, 31 October 1973, black serial numbers, blue and multicoloured, coat of arms at right, watermark of a helmeted warrior at left, reverse blue with bank building at left (Ma H25), uncirculated (6) Estimate HK$6,000-7,000

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January 18 & 19, 2014 - Hong Kong

1131 Hong Kong and Shanghai Banking Corporation, $50, 1 January 1994, purple and multicoloured, lion head at left, printed signature below, reverse purple, bank building at centre, dragon boats at right, and $100, 1 January 1993, red and multicoloured, lion head at left, printed signature below, reverse red, bank bnuilding at centre, pagoda at right, both with serial number AU 333333 (Ma H 27 & H 37), uncirculated (2)

1128 Hong Kong and Shanghai Banking Corporation, $50, 31 March 1975, serial numbers 974391-392 R, blue and multicoloured, coat of arms at right, watermark of a helmeted warrior at left, reverse blue with bank building at left (Ma H25), uncirculated, scarce (2) Estimate HK$2,000-2,500

Estimate HK$8,000-10,000

1129 Hong Kong and Shanghai Banking Corporation, $50, 1 Jan 1985, serial number AA000202, purple and multicoloured, arms at left, reverse purple, bank building at centre, dragon boats at right (Ma H 26), uncirculated Estimate HK$2,000-2,500

1132 Hong Kong and Shanghai Banking Corporation, $50, 1 Jan 1994, serial number AU 888888, purple and multicoloured, lion head at left, printed signature below, reverse purple, bank building at centre, dragon boats at right (Ma H 27), uncirculated and a very lucky number Estimate HK$6,000-8,000

1130 Hong Kong and Shanghai Banking Corporation, specimen $50, 1 January 1985, serial number AF 000000, purple and multicoloured, arms at left, printed signature below, reverse purple, bank building at centre, men on boats at right (Ma H 26s), in PMG holder 67 super gem uncirculated, EPQ Estimate HK$1,500-2,000

1133 Hong Kong and Shanghai Banking Corporation, $50 (3), 1 Jan 1994, serial number AU 400000, 900000 and BD400000, purple and multicoloured, lion head at left, printed signature below, reverse purple, bank building at centre, dragon boats at right (Ma H 27), uncirculated (3) Estimate HK$500-800 101

BANKNOTES OF HONG KONG AND MACAU

A CLASSIC RARITY, THE $100 OF 1882, MAGNIFICENT

1134 Hong Kong and Shanghai Banking Corporation, specimen $100, 18- (ca 1882), serial number 22001-27000, black and white, value in a pink central panel, the Chalon portrait of Queen Victoria at left, Royal arms at right, value top centre and at each corner, reverse green and pink, medallic female head at left and right, value at left and right (Pick 146, Ma unlisted, Cribb ‘Money in the Bank’ 2.37), perforated SPECIMEN B.W.&Co.LONDON, pencil annotation ‘Dec 9/82 in top left field. a truly splendid note and a different colour to the note illustrated in Cribb. The portrait identical to the Foochow (Fuzhou) $1 of the same period (see lot 34 in this catalogue). in PCGS holder 63, choice new, PPQ, of the greatest rarity and a classic Hong Kong note Estimate HK$150,000-200,000

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January 18 & 19, 2014 - Hong Kong

A SPECIMEN $100 OF 1904

1135 Hong Kong and Shanghai Banking Corporation, specimen $100, 1 May 1904, serial number 126001-146000, red with a green and pink ornate central panel, arms of the Bank top centre, value in orange underprint low centre, value at each corner, bank title in red curve top centre, signature of J.R.M.Smith low right, reverse red and white, allegorical maiden (Architecture) at centre, value at each corner (Pick 159, Ma H29, Cribb 2.43), date on reverse ‘21st July 1904’, perforated CANCELLED, in PCGS holder 55, choice about new, and very rare Estimate HK$50,000-70,000

JUSTITIA' $100

1136 Hong Kong and Shanghai Banking Corporation, obverse and reverse die proof for a $100, Hong Kong, ND (c.1927), black and white, maiden with book at left, arms at centre, reverse black and white, bank building, angel above (Ma H 31 for type), annotated and trimmed to design, very fine and very rare (2) Estimate HK$15,000-20,000 103

BANKNOTES OF HONG KONG AND MACAU

1137 Hong Kong and Shanghai Banking Corporation, specimen $100, 1 September 1930, serial number B 000000, red and multicoloured, maiden at left with book and sword (Justitia), arms top centre, value at centre and at each corner, printed signature of V.M.Grayburn low right, reverse red, pale green and pink, bank building and angel at centre, value at left and right (Pick 176a, Ma H31, Cribb 2.53), annotation ‘27.8.30’ in top margin, perforated CANCELLED, in PCGS holder 63, choice new, rare Estimate HK$25,000-30,000

1138 Hong Kong and Shanghai Banking Corporation, $100, 2 January 1934, serial number 523472, red and multicoloured, maiden (Justitia) seated at left with sword and book, manuscript signature low left and printed signature of Grayburn at right (Pick 176d, Ma H31), in PMG holder 40, extremely fine, NET and a rare ‘Duress’ issue Estimate HK$20,000-24,000

1139 Hong Kong & Shanghai Banking Corporation, $100, 31 March 1947, serial number D789691, red on multicoloured underprint, maiden at left, arms at top centre, value at centre and each corner (Pick 176e, Ma H31), almost uncirculated, a lovely example Estimate HK$20,000-30,000

1140 Hong Kong & Shanghai Banking Corporation, $100, 1 April 1948, serial number E 562, 291, red & multicoloured, woman seated at left with book, arms top centre, value at each corner (Pick 176e, MA H 31), presentable very good Estimate HK$1,500-2,000

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January 18 & 19, 2014 - Hong Kong

1143 Hong Kong & Shanghai Banking Corporation, $100, 1 April 1948, serial number E944958, red on multicoloured underprint, maiden at left, arms at top centre, value at centre and each corner (Pick 176e, Ma H31), about uncirculated, a lovely example and consecutive with previous lot Estimate HK$25,000-35,000

1141 Hong Kong and Shanghai Banking Corporation, $100, 1 April 1948, serial number E 884789, red and multicoloured, maiden at left with book and sword (Justitia), arms at centre, value at centre and at each corner, two printed signatures below, reverse red and multicoloured, bank building at centre, angel above, value at each corner (Pick 176e, Ma H31), uncirculated, thus rare. Attractive Estimate HK$15,000-25,000

1144 Hong Kong and Shanghai Banking Corporation, $100, 1 August 1952, serial number F 111999, red and multicoloured, maiden at left with book and sword (Justitia), arms at centre, value at centre and at each corner, two printed signatures below, reverse red and multicoloured, bank building at centre, angel above, value and serial number at each corner (Pick 176e, Ma H31), in PCGS holder 45, extremely fine thus rare. Attractive and a rather ‘good’ serial number Estimate HK$12,000-15,000

1142 Hong Kong & Shanghai Banking Corporation, $100, 1 April 1948, serial number E944957, red on multicoloured underprint, maiden at left, arms at top centre, value at centre and each corner (Pick 176e, Ma H31), about uncirculated, a lovely example Estimate HK$25,000-35,000

105

BANKNOTES OF HONG KONG AND MACAU

1145 Hong Kong & Shanghai Banking Corporation $100, 1 August 1952, serial number F 537,838, red & multicoloured, woman seated at left with book, arms top centre, value at each corner (MA H 31), good fine Estimate HK$2,200-2,800

1146 Hong Kong & Shanghai Banking Corporation, $100, 5 September 1956, serial number G 877,423, red & multicoloured, woman seated at left with book, arms top centre, value at each corner (MA H 31), thinning at top, and holes at top right, otherwise good fine Estimate HK$1,500-2,000

1148 Hong Kong and Shanghai Banking Corporation, $100, 25 February 1958, serial number H 382463/464 red and multicoloured, maiden (Justitia) at left, arms at centre (Ma H31), faint central crease otherwise almost uncirculated and a scarce consecutive pair (2) Estimate HK$10,000-12,000

1149 Hong Kong and Shanghai Banking Corporation, 100 dollars, 1958, serial number G476,593, red on multicoloured underprint, woman seated with book at left, reverse old bank building, angel above, (Ma H31), central fold, otherwise bright and crisp, fine to very fine Estimate HK$6,000-8,000

1147 Hong Kong and Shanghai Banking Corporation, $100 (2), 25 February 1958, serial number H 382461/462, red and multicoloured, maiden (Justitia) at left, arms at centre (Ma H31), faint central crease othewise almost uncirculated and a scarce consecutive pair (2) Estimate HK$10,000-12,000

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January 18 & 19, 2014 - Hong Kong

1150 Hong Kong and Shanghai Banking Corporation, $100, 4 February 1959, prefix J, red, maiden at left (Justitia), arms at centre, two printed signatures below, also $100, 31 October 1973, red, arms at left (MA H 31,33), left margin untidy, very good, last date for type, second note about extremely fine (2) Estimate HK$600-800

1152 Hong Kong and Shanghai Banking Corporation, $100, 1 September 1962, serial number 162809 UG, red and multicoloured, maiden (Justitia) at left, arms at centre (Pick 183a, Ma H32), about extremely fine and a rare date for type Estimate HK$3,000-3,500

1151 Hong Kong and Shanghai Banking Corporation, colour trial $100, ND (type of 1959), serial number 000000 UA, olive-green and pink, maiden (Justitia) with book and sword at left, arms top centre, value at centre and at each corner, reverse olive-green and multicoloured, bank building at centre, angel above, value at left and right (Pick 183act, Ma H 32ct), in PCGS holder 65 PPQ, gem new, perforated, red SPECIMEN overprint, rare Estimate HK$6,000-8,000

1153 Hong Kong & Shanghai Banking Corporation, $100, 1 September 1962, serial number 200056 UG red on multicolour underprint, maiden at left, arms at centre, value at centre and each corner (Pick 183a, Ma H32), lightly pressed, good extremely fine Estimate HK$2,000-3,000

1154 Hong Kong and Shanghai Banking Corporation, $100, 1 Feb 1965, serial number 979438 UM, red, woman with book at left, coat of arms at centre, reverse red, bank building at centre, error note with one of serial numbers on the back printed as 879438 UM (Ma H32), pressed extremely fine Estimate HK$3,000-4,000

107

BANKNOTES OF HONG KONG AND MACAU

1155 Hong Kong and Shanghai Banking Corporation, $100 (2), 1971 and 1972, suffixes VG and VR, red and multicoloured, maiden at left with book and sword (Justitia), arms of the bank top centre, two printed signatures below, reverse red and pale orange, the bank head office at centre with an angel and trumpet above, value at left and right (Pick 183c, Ma H32, Cribb 2.76), uncirculated (2) Estimate HK$2,000-2,500

1156 Hong Kong & Shanghai Banking Corporation, $100, 18 March 1971, serial number 880648 VL, red on multicolour underprint, maiden at left, arms at centre, value at centre and each corner (Pick 183c, Ma H32), lightly pressed, good extremely fine Estimate HK$2,000-3,000

1157 Hong Kong and Shanghai Banking Corporation, $100, 13 March 1972, serial number 000003VU red and multicoloured, arms at left, two printed signatures below, reverse red, bank building at centre, (Ma H33), in PMG holder 66 gem uncirculated, EPQ Estimate HK$20,000-22,000

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January 18 & 19, 2014 - Hong Kong

1158 Hong Kong and Shanghai Banking Corporation, $100, 13 Mar 1972, serial number 000006 VU, red and multicoloured, arms at left, two printed signatures below, reverse red, bank head office at centre, (Ma H 33), uncirculated and a rare low number Estimate HK$5,000-6,000

1159 Hong Kong and Shanghai Banking Corporation, $100, 13 March 1972, thick serial number 071413 VU, red, coat of arms at left, ‘one hundred’ in Chinese characters at right, reverse red and green, two lions flanking HSBC building, an error note with traces of green on left side of the obverse, (Ma H33), pressed good extremely fine Estimate HK$3,000-4,000

1160 Hong Kong and Shanghai Banking Corporation, $100 (2), 31 Oct 1972, serial n u m b e r 0 0 9 9 9 9 W E , 8 8 11 8 8 WA , r e d a n d multicoloured, arms at left, two printed signatures below, reverse red, bank head office at centre, (Ma H 33), uncirculated and interesting number (2) Estimate HK$1,500-2,000

109

BANKNOTES OF HONG KONG AND MACAU

1161 Hong Kong and Shanghai Banking Corporation, $100, no date, no serial numbers and no signature error, coat of arms at left, ‘one hundred’ in Chinese characters at right, reverse red and green, two lions flanking HSBC building, (Ma H34), almost uncirculated Estimate HK$4,000-5,000

1163 Hong Kong and Shanghai Banking Corporation, $100, 13 Mar 1972, serial number 1000000 VT, red and multicoloured, maiden (Justitia) seated at left, arms top centre, two printed signatures below, reverse red, bank head office at centre, angel above, last note of the issue and $100, 31 Mar 1982, serial number VT 1000000, red and multicoloured, arms at left, two printed signatures below, reverse red, bank head office at centre, last serial number (Ma H 32 & H 34), both uncirculated and rare (2) Estimate HK$30,000-40,000 1164 Hong Kong and Shanghai Banking Corporation, $100 (4), 1972 (2), 1973,1975, red and multicoloured, arms at left (Pick 185a,b,c, Ma H32,33), good very fine or better (4) Estimate HK$1,500-2,000

1162 Hong Kong and Shanghai Banking Corporation, $100, ND (type of 1972), serial number 713888 WF, red and multicoloured, arms at left (Ma H33 for type), very fine and a rare error with date and signatures omitted Estimate HK$2,000-2,500

1165 Hong Kong and Shanghai Banking Corporation, $100, ND (type of 1976), serial number 253578 WS, red and multicoloured, arms at left (Pick 185d for type, Ma H33 for type), extremely fine and a rare error with date and signatures omitted Estimate HK$4,000-5,000

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January 18 & 19, 2014 - Hong Kong

1166 Hong Kong and Shanghai Banking Corporation, 100 dollars, serial number 423626WS, no date, no signatures, red on multicolour underprint, arms at left, (Ma H33), fresh, crisp and about uncirculated Estimate HK$7,000-12,000

1169 Hong Kong & Shanghai Banking Corporation, $100, 31 March 1980, serial number 132584 YS, red on multicolour underprint, arms at left, value at centre and top corners (MA H34), uncirculated Estimate HK$6,000-8,000

1167 Hong Kong and Shanghai Banking Corporation, $100, 31 March 1976, serial numbers 315175-180 WX, red, coat of arms at left, ‘one hundred’ in Chinese characters at right, reverse red and green, two lions flanking HSBC building, off centre notes with the whole designed shifted towards the upper border, (Ma H33), uncirculated (6) Estimate HK$1,600-1,800

1170 Hong Kong and Shanghai Banking Corporation, $100, 31 March 1980, serial numbers 444999 YY, red, coat of arms at left, ‘one hundred’ in Chinese characters at right, reverse red and green, two lions flanking HSBC building, off centre note with the whole designed shifted towards the lower left border, also a nice fancy number (Ma H34), uncirculated Estimate HK$500-800

1168 Hong Kong and Shanghai Banking Corporation, $100 (4), 31 March 1978, serial numbers 236367-370 XS, red, coat of arms at left, ‘one hundred’ in Chinese characters at right, reverse red and green, two lions flanking HSBC building, off centre notes with the whole designed shifted towards the lower border, (Ma H34), uncirculated (4) Estimate HK$800-1,000 111

BANKNOTES OF HONG KONG AND MACAU 1171 No Lot 1172 Hong Kong and Shanghai Banking Corporation, $100 (6), 1976,1977,1978,1979,1981,1982, red and multicoloured, arms at left (Pick 185d,187a,b,c,d, Ma H32,33), good very fine or better (6) Estimate HK$1,500-2,000

1175 Hong Kong and Shanghai Banking Corporation, 100 dollars, 1983, serial number ZD999999, red on multicolour underprint, arms at left, (Pick 187d, Ma H34), in PMG holder 66, gem uncirculated, EPQ Estimate HK$5,000-8,000

1173 Hong Kong and Shanghai Banking Corporation, $100, 31 March 1982, serial number XL 666666, red and multicoloured, arms at left, reverse red, bank building at centre (Pick 187d, Ma H34), in PMG holder 67, superb gem uncirculated, EPQ Estimate HK$4,000-4,500

1176 Hong Kong and Shanghai Banking Corporation, 100 dollars, 1983, serial number ZE000001, red on multicolour underprint, arms at left (Pick 187d, Ma H34), in PMG holder 66, gem uncirculated, EPQ Estimate HK$5,000-8,000

1174 Hong Kong and Shanghai Banking Corporation, $100, 31 March 1982, serial number XQ 555555, red and multicoloured, arms at left, reverse red, bank building at centre (Pick 187d, Ma H34), in PMG holder 66, gem uncirculated, EPQ Estimate HK$4,000-4,500

1177 Hong Kong and Shanghai Banking Corporation, specimen $100, 1 January 1985, serial number AA 000000, red and multicoloured, arms at left, printed signature below, reverse red, bank building at centre, pagoda at right (Ma H 35s), in PMG holder 67 super gem, uncirculated, EPQ Estimate HK$1,800-2,500

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January 18 & 19, 2014 - Hong Kong

A NUMBER 1 NOTE FROM 1985

1178 Hong Kong and Shanghai Banking Corporation, $100, 1 January 1985, serial number AA 000001, red and multicoloured, arms at left, printed signature below, reverse red, bank building at centre, pagoda at right (Ma H 35s), in PMG holder 66 gem uncirculated, EPQ Estimate HK$120,000-140,000

113

BANKNOTES OF HONG KONG AND MACAU

1179 Hong Kong and Shanghai Banking Corporation, $100, 1 January 1985, consecutive run of 100, serial number AA 311101-311200, red and multicoloured, arms at left, printed signature below, reverse red, bank building at centre, pagoda at right (Ma H 35), uncirculated Estimate HK$13,500-15,000

1180 Hong Kong and Shanghai Banking Corporation, $100, 1 Jan 1992, serial number QK 800000, red and multicoloured, arms at left, printed signature below, reverse red, bank building at centre, pagoda at right (Ma H 36), uncirculated and interesting number Estimate HK$800-1,000

1183 Hong Kong and Shanghai Banking Corporation, $100, 1 January 1994, serial number DB 888888, red and multicoloured, lion’s head at left (Pick 203a, Ma H37), in PMG holder 65, gem uncirculated, EPQ, a great number Estimate HK$4,000-6,000

1184 Hong Kong and Shanghai Banking Corporation, lot of 4 notes, $100 (1982, 1983) and $500 (1992, 1993), uncirculated (4) Estimate HK$1,500-1,800 1185 Hong Kong and Shanghai Banking Corporation, S100 (6), 1 July 2003, serial; number BL 000007 ,000077,000777,007777,077777,777777, red and multicoloured, lion at left (Pick 209a), uncirculated and an unusual sequence run of number 7’s (6) Estimate HK$5,000-7,000

1181 Hong Kong and Shanghai Banking Corporation, $100, 1 Jan 1992, serial number QK 888888, red and multicoloured, arms at left, printed signature below, reverse red, bank building at centre, pagoda at right (Ma H 36), uncirculated and a very lucky number Estimate HK$6,000-8,000 1182 No Lot

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January 18 & 19, 2014 - Hong Kong

A VERY RARE SPECIMEN $500 OF 1907

1186 Hong Kong and Shanghai Banking Corporation, specimen $500, 1 June 1907, serial number 27501-32500, brown, green and orange with an ornate central panel, arms of the Bank top centre, value in brown underprint low centre, value at each corner, bank title in curve top centre, reverse red and white, allegorical maiden (Industry) and three cherubs at centre, value at each corner (Pick 160s, Ma H39, Cribb 2.43), faint ink date ‘25 Sept.1907’ in top left margin, perforated SPECIMEN, in PCGS holder 58, choice about new, PPQ, and very rare Estimate HK$60,000-80,000

115

BANKNOTES OF HONG KONG AND MACAU

‘JUSTITIA’ $500

1187 (36574/7) Hong Kong and Shanghai Banking Corporation, obverse and reverse die proof for a $500, type of 1927, black and white, maiden at right, arms, reverse purple, bank building and angel at centre (Ma H 41 for type), trimmed to design, fine to very fine and very rare (2) Estimate HK$8,000-12,000

1188 Hong Kong and Shanghai Banking Corporation, specimen $500, 1 October 1927, serial number B000000, purple and multicoloured, maiden (Justitia) at right, arms at top centre, value at centre and at each corner, reverse purple and multicoloured, bank building at centre, angel above, value at left and at each corner (Pick 177bs, Ma H 41, Cribb 2.53), ink date ‘21.7.30’ in top margin, perforated CANCELLED, in PCGS holder 58, (apparent) choice about new, mounting residue, attractive and rare Estimate HK$20,000-30,000

1189 Hong Kong and Shanghai Banking Corporation, specimen $500, 1 October 1927, serial number B000000, purple and multicoloured, maiden (Justitia) at right, arms at top centre, value at centre and at each corner, reverse purple and multicoloured, bank building at centre, angel above, value at left and at each corner (Pick 177as, Ma H 41, Cribb 2.53), ink date ‘2.12.27’ in top margin, perforated CANCELLED, red SPECIMEN overprint, in PCGS holder 55, (apparent) choice about new, small edge tear in right margin, attractive and rare Estimate HK$25,000-35,000

1190 Hong Kong and Shanghai Banking Corporation, $500, 1 July 1930, serial number B 161157, purple and multicoloured, maiden at right, arms at top centre, value at centre and at each corner, two manuscript signatures below, reverse purple and multicoloured, bank building at centre, angel above, value at left and at each corner (Pick 177b, Ma H 41), some grafitti on reverse, good fine and rare Estimate HK$22,000-24,000

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January 18 & 19, 2014 - Hong Kong

AN EXCEPTIONAL GRADE $500 OF 1930

1191 Hong Kong and Shanghai Banking Corporation, specimen $500, 1 July 1930, serial number B249788, purple and multicoloured, maiden at right, arms at top centre, value at centre and at each corner, two manuscript signatures below, reverse purple and multicoloured, bank building and angel at centre, (Pick 177b, Ma H 41), in PMG holder 64, choice uncirculated thus very rare and a lovely example Estimate HK$200,000-220,000

117

BANKNOTES OF HONG KONG AND MACAU

‘SIR THOMAS JACKSON’ $500

1192 Hong Kong and Shanghai Banking Corporation, specimen $500, 1 April 1941, serial number C 3000001-C400000, blue, brown and multicoloured, Sir Thomas Jackson at right, arms top centre, value at centre and at each corner, two printed signatures below, V.M.Grayburn low right, reverse blue, bank building at centre, head of Ceres at left (Pick 179b, Ma H 42, Cribb 2.76 for similar), ink date ‘30.9.41’ in top margin, perforated SPECIMEN, in PCGS holder 35, very fine, several folds, but a stunning note, rare Estimate HK$20,000-25,000

1193 Hong Kong and Shanghai Banking Corporation, colour trial $500, ND (type of 1935), serial number D 000000, olive-green and blue, and multicoloured, Sir Thomas Jackson at right, arms top centre, reverse green, bank head office at centre, veiled head of Ceres at left, (Pick 179ct, Ma H 42 for type), in PCGS holder 64, choice very new, perforated, red SPECIMEN overprint, very rare Estimate HK$18,000-24,000

1194 Hong Kong and Shanghai Banking Corporation, progressive proofs for obverse and reverse of the $500, type of 1935, one black and white with value and text, one red with arms and Sir Thomas Jackson and one red with reverse with Ceres and bank building, three showing the undeprint on the obverse (Pick 179 for type, Ma H 42 for type), ink annotations and date ‘Oct 23rd 34’, in PCGS folders 63 (apparent) choice new (1), 58 (apparent) choice about new (3), 55 choice about new and (apparent) choice about new (2), choice new to choice about new, unusual, attractive and extremely rare (6) Estimate HK$10,000-15,000

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January 18 & 19, 2014 - Hong Kong

1195 Hong Kong and Shanghai Banking Corporation, $500, 30 March 1946, serial number C 491171, brown and multicoloured, Sir Thomas Jackson at right, arms at centre, value at centre and at each corner, two printed signatures below, reverse blue and white, bank building at centre, female head (Ceres) veiled at left, value at each corner (Pick 179b, Ma H42), in PCGS holder 45, extremely fine thus rare. Attractive Estimate HK$10,000-15,000

1197 Hong Kong and Shanghai Banking Corporation, $500, 1 June 1936, serial number C 177529, purple-brown and blue, Sir Thomas Jackson at right, arms top centre, two manuscript signatures below, reverse blue and white, bank head office at centre, bust of Ceres at left (Pick 197b, Ma H 42), a pleasing almost very fine and quite rare Estimate HK$20,000-22,000

1196 Hong Kong and Shanghai Banking Corporation, $500, 1 June 1935, serial number C 009667, purple-brown and blue, Sir Thomas Jackson at right, arms top centre, two manuscript signatures below, reverse blue and white, bank head office at centre, bust of Ceres at left (Pick 179b, Ma H 42), a pleasing good fine and quite rare Estimate HK$10,000-11,000

1198 Hong Kong and Shanghai Banking Corporation, obverse and reverse die proof for $500, Hong Kong, ND (c.1935), black and white, background detail only, also a partial proof with bank title, arms and Sir Thomas Jackson at right, reverse black and white, bank building at centre, veiled head of Ceres at left (Pick 197b, Ma H 42 for type), ‘CANCELLED’ annotation across face, trimmed, good very fine and rare (3) Estimate HK$6,000-6,500

119

BANKNOTES OF HONG KONG AND MACAU

1199 Hong Kong and Shanghai Banking Corporation, $500, 31 March 1947, serial number C 851290, purple and multicoloured, Sir Thomas Jackson at right, arms top centre, two printed signatures below, reverse blue, bank building at centre, veiled head of Ceres at left, (Ma H 42), grafitti at left, good fine, scarce Estimate HK$2,000-3,000

1200 Hong Kong and Shanghai Banking Corporation, $500, 1 August 1952, serial number D 822933, brown and multicoloured, Sir Thomas Jackson at right, arms at centre, value at centre and at each corner, two printed signatures below, reverse blue and white, bank building at centre, female head (Ceres) veiled at left, value at each corner (Pick 179b, Ma H42), last date for type, in PCGS holder 63, choice new, thus rare. Attractive Estimate HK$15,000-18,000

1201 Hong Kong and Shanghai Banking Corporation, $500, 1 August 1952, serial number D 898352, brown and multicoloured, Sir Thomas Jackson at right, arms at centre, value at centre and at each corner, two printed signatures below, reverse blue and white, bank building at centre, female head (Ceres) veiled at left, value at each corner (Pick 179b, Ma H42), in PCGS holder 58, choice about new, thus rare. Attractive Estimate HK$10,000-15,000

1202 Hong Kong and Shanghai Banking Corporation, $500, 31 July 1967, serial number E 976811, purple and multicoloured, Sir Thomas Jackson at right, arms top centre, two printed signatures below, reverse blue, bank building at centre, veiled head of Ceres at left, (Pick 179c, Ma H 42), in PMG holder 65, gem uncirculated, EPQ, scarce Estimate HK$2,000-3,000

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1203 Hong Kong and Shanghai Banking Corporation, $500 (2), 11 February 1968, serial numbers H 670829/30, purple brown and multicoloured, Sir Thomas Jackson at right, arms top centre, two printed signatures low centre, reverse blue, bank building at centre, Ceres at left (Pick 179e, Ma H 42), uncirculated and a scarce consecutive pair (2) Estimate HK$10,000-12,000

1205 Hong Kong and Shanghai Banking Corporation, 500 dollars, 1968, serial number L024748, brown on multicolour underprint, (Pick 179e, Ma H42), in PMG holder 66, gem uncirculated, EPQ Estimate HK$15,000-20,000

1206 Hong Kong and Shanghai Banking Corporation, $500 (3), 11 February 1968, serial numbers L 180928/929/930, brown and multicoloured, Sir Thomas Jackson at right, arms at centre, value at centre and at each corner, two printed signatures below, reverse blue and white, bank building at centre, female head (Ceres) veiled at left, value at each corner (Pick 179e, Ma H42), in PCGS holders (first) 63, (others) 58, first choice new, others choice about new. An exceptional consecutive run of three examples in these grades, thus very rare (3) Estimate HK$12,000-15,000

1204 Hong Kong and Shanghai Banking Corporation, $500, 11 February 1968, serial number J957009, purple and multicoloured, Sir Thomas Jackson at right, arms top centre, two printed signatures below, reverse blue, bank building at centre, veiled head of Ceres at left, (Pick 179e, Ma H 42), fresh, good very fine Estimate HK$1,800-2,200

121

BANKNOTES OF HONG KONG AND MACAU

‘ARMS’ $500

1207 Hong Kong & Shanghai Banking Corporation, $500, 27 March 1969, serial number L444197, brown and dark blue on multicolour underprint, Jackson at right, arms at top centre, value at centre and each corner (Pick 179f, Ma H42), some minor handling and one corner bend, about uncirculated Estimate HK$8,000-12,000

1208 Hong Kong & Shanghai Banking Corporation, $500, 27 March 1969, serial number L 577835, purple-brown and multicoloured, Sir Thomas Jackson at right, crowned arms top centre, value at centre and at each corner, two printed signatures below, reverse blue, bank head office at centre, veiled female head at left (Pick 179f, Ma H 42), fresh and original good very fine Estimate HK$1,500-2,000

1209 Hong Kong and Shanghai Banking Corporation, $500, 31 Oct 1973, serial number M 300001, brown and lilac, arms at left, two printed signatures below, reverse brown, lion at right (Pick 179f, Ma H 43), this is the first note of this type issued, uncirculated and a good number Estimate HK$10,000-12,000

1210 Hong Kong and Shanghai Banking Corporation, $500, 31 October 1973, serial number N 358834, brown and lilac, arms at left, reverse brown, lion at right (Pick 186a, Ma H 43), uncirculated Estimate HK$4,000-5,000

1211 Hong Kong and Shanghai Banking Corporation, $500, 31 March 1975, error mismatched serial numbers Q553579 and Q563579, brown, coat of arms at left, ‘five hundred’ in Chinese characters at right, reverse brown, lion overlooking the HSBC building, (Pick 186b, Ma H43), pressed uncirculated and scarce Estimate HK$4,000-5,000

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1215 Hong Kong and Shanghai Banking Corporation, 500 dollars, 1976, serial number S168946, brown on multicolour underprint, (Pick 186c, Ma H43), in PMG holder 64, choice uncirculated, EPQ Estimate HK$15,000-20,000

1212 Hong Kong and Shanghai Banking Corporation, $500, 31 March 1975, error mismatched serial numbers Q553580 and Q563580, brown, coat of arms at left, ‘five hundred’ in Chinese characters at right, reverse brown, lion overlooking the HSBC building, (Pick 186b, Ma H43), pressed uncirculated and scarce Estimate HK$4,000-5,000

1216 Hong Kong and Shanghai Banking Corporation, $500, 31 March 1981, serial number Y 135709, brown and multicoloured, arms at left, reverse brown, lion at right (Pick 189c, Ma H 44), in PMG holder 64, choice uncirculated, EPQ Estimate HK$2,500-3,000

1213 Hong Kong and Shanghai Banking Corporation, $500, 31 March 1975, serial number Q790935, error note in which the date, signature and serial numbers are prominently shifted towards the left border, brown, coat of arms at left, ‘five hundred’ in Chinese characters at right, reverse brown, lion overlooking the HSBC building, (Pick 186b, Ma H43), pressed almost uncirculated Estimate HK$4,000-5,000

1217 Hong Kong & Shanghai Banking Corporation, $500, 31 March 1983, serial number Z430551, brown on multicoloured underprint, arms at left, value at centre and top corners (Pick 189d, Ma H44), PMG 64, choice uncirculated Estimate HK$3,000-4,000

1214 Hong Kong and Shanghai Banking Corporation, $500, 31 March 1975, serial number R 663650, brown and lilac, arms at left, reverse brown, lion at right (Ma H 43), uncirculated Estimate HK$4,000-5,000 123

BANKNOTES OF HONG KONG AND MACAU

1218 Hong Kong and Shanghai Banking Corporation, $500, 1 January 1995, serial number CT 777777, brown and multicoloured, lion at left, printed signature below, reverse brown, bank building at centre, government house at upper right (Pick 204b, Ma H 46), in PMG holder 66, gem uncirculated, EPQ Estimate HK$2,500-3,000

1219 Hong Kong and Shanghai Banking Corporation, $500, 1 January 1999, descending ladder serial number DE 654321, brown and multicoloured, lion at left, printed signature below, reverse brown, bank building at centre, government house at upper right (Pick 204d, Ma H 46), in PMG holder 67 super gem uncirculated, EPQ Estimate HK$1,500-2,000

1220 Hong Kong and Shanghai Banking Corporation, $1000, 31 March 1977, serial number B 166827, gold and multicoloured, arms at right (Pick 190a, Ma H47), uncirculated Estimate HK$7,000-8,000

1221 Hong Kong and Shanghai Banking Corporation, $1000, 31 March 1983, serial number J942890, yellow, coat of arms at right, ‘one thousand’ in Chinese characters at left, reverse orange and green, lion overlooking the HSBC building, inking error in which the lion’s jaw on the reverse is green (Pick 190e, Ma H47), pressed about extremely fine Estimate HK$1,800-2,000

1222 Hong Kong and Shanghai Banking Corporation, $1000, 1 January 1985, serial number AE 738801, gold and multicoloured, arms at left (Pick 196a, Ma H48), uncirculated Estimate HK$5,000-6,000

1223 Hong Kong and Shanghai Banking Corporation, $1000, 1 January 1985, serial number AF 969418, gold and multicoloured, arms at left (Pick 196b, Ma H48), uncirculated Estimate HK$3,000-3,500

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BANK OF CHINA

1224 Hong Kong and Shanghai Banking Corporation, $1000,1 Jan 1988, serial number AU333333, gold and multicoloured, arms at left, printed signature below (Pick 199a, Ma H 49), uncirculated and a good solid number, rare Estimate HK$10,000-12,000

1227 Bank of China, $20, 2000 and $50, 2000, both serial number AG 000009, bank building at left (Ma BC1,2), uncirculated (2) Estimate HK$2,800-3,200

1225 Hong Kong and Shanghai Corporation, $1000, 1 January 1991, serial number CB822228, yellow and green, coat of arms at left, lion watermark at right, reverse orange and green, two lions flanking the HSBC building, (Pick 199d, Ma H49) uncirculated, an interesting and an unusual radar number Estimate HK$1,500-2,000

1228 Bank of China, $20 (8), serial number ZZ 217641-648, blue, bank building at left (Ma BC1), a consecutive run of replacement notes, unusual and scarce (8) Estimate HK$2,000-2,500

GOVERNMENT OF HONG KONG

1229 Government of Hong Kong, 10 dollars, 2002, serial number CU555555, multicoloured abstract design, (Pick 400a), Estimate HK$2,000-4,000

1226 Hong Kong and Shanghai Banking Corporation Limited, $1000, 1 January 1993, replacement serial number ZZ00044, orange, lion at left, view of Victoria Harbour at centre, reverse orange and green, two lions flanking the HSBC bank building, (Ma H50) in PCGS folder, 67, superb gem new, PPQ, a very low replacement number Estimate HK$2,000-2,500

125

BANKNOTES OF HONG KONG AND MACAU

MERCANTILE BANK OF INDIA LIMITED/AN ABOVE AVERAGE $5 OF 1936

1230 Mercantile Bank of India Limited, $5, 1 December 1936, serial number 144170, green and pale pink-red, pagoda and island top centre, value at centre and at e a c h c o r n e r, t w o p r i n t e d s i g n a t u r e s b e l o w, r e v e r s e m a r o o n , M e r c u r y a t c e n t r e (Pick 235c, Ma M 3), in PMG holder 50, about uncirculated, NET, scarce and above average for type Estimate HK$55,000-60,000

1231 Mercantile Bank of India Limited, $5, Hong Kong, 29 November 1941, serial number 191807, green, pale orange and red, pagodas on island top centre, two printed signatures below, value at centre and at each corner, reverse red, head of Mercury at centre with bank title, value at left and right and serial number low left and right (Pick 235d, Ma M3), extremely fine, fresh and rare in this condition Estimate HK$40,000-50,000

1232 Mercantile Bank of India Limited, $5, Hong Kong, 29 November 1941, serial number 191808, green, pale orange and red, pagodas on island top centre, two printed signatures below, value at centre and at each corner, reverse red, head of Mercury at centre with bank title, value at left and right and serial number low left and right (Pick 235d, Ma M3) in PCGS holder 50, about new, fresh and a consecutive note to the preceding lot, rare in this condition Estimate HK$40,000-50,000

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1234 Mercantile Bank of India Limited, $5, Hong Kong, 29 November 1941, serial number 2 1 7 4 3 5 , g r e e n a n d p a l e r e d a n d y e l l o w, pagoda on island top centre, two printed signatures below, value at centre and at each corner, reverse red, head of Mercury at centre (Pick 235d, Ma M3), Estimate HK$3,500-4,500

1233 Mercantile Bank of India Limited, $5, 29 November 1941, serial number 215351, green and pale pink-red and orange, pagoda and island top centre, value at centre and at each corner, two printed signatures below, reverse maroon, Mercury at centre (Pick 235d, Ma M 3), Estimate HK$15,000-17,000

A LOVELY $10 OF 1937

1235 Mercantile Bank of India Limited, $10, Hong Kong, 1 December 1937, serial number 81954, red and pale green, hills, bridge, buildings and coastline in oval frame at centre, value at centre and each corner, manuscript signature at low left, printed signature at low right, reverse green, head of Mercury at centre, value at each corner (Pick 236d, Ma M6), Estimate HK$80,000-100,000

127

BANKNOTES OF HONG KONG AND MACAU

1236 Mercantile Bank of India Limited, $10, Hong Kong, 29 November 1941, serial number 105941, red and pale green, bridge. park and town at centre, two printed signatures below, value at centre and at each corner, reverse green, head of Mercury at centre (Pick 236e, Ma M6), in PCGS holder 12, (apparent) fine, edge and internal splits, small stains, scarce Estimate HK$3,500-4,500

1237 M e rc a n t i l e B a n k o f I n d i a L i m i t e d , $ 1 0 , Hong Kong, 29 November 1941, serial number 114729, red and pale green, bridge and landscape in oval frame at centre, value at centre and around brder, printed signatures low centre, reverse green, head of Mercury at centre (Pick 236e, Ma M6), in PMG holder 53, about uncirculated, scarce Estimate HK$7,000-9,000

1238 Mercantile Bank of India Limited, $10, 29 November 1941, serial number 123292, red, pale green and pink, town, bridge and boats at centre, value at centre and at left and right, two printed signatures below, reverse green, Mercury at centre (Pick 236e, Ma M 6), Estimate HK$16,000-18,000

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January 18 & 19, 2014 - Hong Kong

1239 The Mercantile Bank of India Limited, $10, Hong Kong, 29 November 1941, serial number 133556, red, black and green, value at each corner, landscape at centre, two printed signatures below, reverse green and black, Hermes at centre, value at left and right (Pick 236e, Ma M 6), in PMG holder 45, choice extremely fine, NET, scarce Estimate HK$35,000-40,000

1240 Mercantile Bank of India Limited, $10, Hong Kong, 29 November 1941, serial number 125521, red and pale green, hills, bridge, buildings and coastline in oval frame at centre, value at centre and each corner, two printed signatures below, reverse green, head of Mercury at centre, serial number low left and right (Pick 236e, Ma M6), in PCGS holder 53, about new, fresh very rare Estimate HK$40,000-50,000

129

BANKNOTES OF HONG KONG AND MACAU

1241 Mercantile Bank Limited, specimen $100, 28 July 1964, serial number A000000, red, pale blue and multicoloured, view of Hong Kong at centre, value at centre and at each corner, reverse red and pale orange, maiden at centre, value at each corner (Pick 244as, Ma M 17), in PCGS holder 64 PPQ, very choice new, perforated, red SPECIMEN overprint, scarce (3) Estimate HK$50,000-60,000

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January 18 & 19, 2014 - Hong Kong

A MAGNIFICENT $100 WITH SERIAL NUMBER A 000002

1242 Mercantile Bank Limited, $100, 28 July 1964, serial number A 000002, red and pale blue and green, view of Hong Kong at centre, reverse red and pale orange, Britannia at centre, value at each corner (Pick 244a, Ma M17), in PCGS holder 63, choice new and the second note for this popular series, a fantastic serial number and most desirable Estimate HK$100,000-150,000

131

BANKNOTES OF HONG KONG AND MACAU

SERIAL NUMBER A000055

1243 Mercantile Bank Limited, $100, 28 July 1964, serial number A 000055, red and multicoloured, view of Hong Kong at centre, two printed signatures low centre, value at centre and at each corner, reverse red, maiden and allegorical symbols at centre, value at each corner, serial number low left and right (Pick 244a, MA M 17), first date for type and a very low serial number. in PCGS holder 58, choice about new, PPQ, very desirable, rare Estimate HK$40,000-50,000

1244 Mercantile Bank Limited, $100, 28 July 1964, serial number A 005555, red and multicoloured, view of Hong Kong at centre, printed signature low centre , reverse red, maiden and allegorical symbols at centre, value at each corner (Pick 244a, MA M 17), in PCGS holder 58, choice about new, PPQ, scarce with a very unusual and low serial number Estimate HK$30,000-40,000

1246 Mercantile Bank Limited, specimen $100, 5 October 1965, serial number A000000, red, pale blue and multicoloured, view of Hong Kong at centre, value at centre and at each corner, reverse red and pale orange, maiden at centre, value at each corner (Pick 244bs, Ma M 17), in PCGS holder 58 PPQ, choice about new, perforated, red SPECIMEN overprint, and rare Estimate HK$10,000-15,000

1245 No Lot

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1249 Mercantile Bank Limited, $100, 1 November 1973, serial number A 914417, red and multicoloured, view of Hong Kong at centre, printed signature low centre , reverse red, maiden and allegorical symbols at centre, value at each corner (Pick 244e, MA M 17), in PCGS holder 67, superb gem new, PPQ Estimate HK$10,000-12,000

1247 Mercantile Bank Limited, specimen $100, 16 April 1970, serial number A000000, red, pale blue and multicoloured, view of Hong Kong at centre, value at centre and at each corner, reverse red and pale orange, maiden at centre, value at each corner (Pick 244ds, Ma M 17), in PCGS holder 55 PPQ, choice about new, perforated, black SPECIMEN overprint, rare Estimate HK$10,000-15,000

1249A Mercantile Bank Limited, $100, 1 November 1973, serial number A 914418, red and multicoloured, view of Hong Kong at centre, printed signature low centre , reverse red, maiden and allegorical symbols at centre, value at each corner (Pick 244e, MA M 17), in PCGS holder 66, superb gem new, PPQ Estimate HK$10,000-12,000 1249B Mercantile Bank Limited, $100, 1 November 1973, serial number A 914419, red and multicoloured, view of Hong Kong at centre, printed signature low centre , reverse red, maiden and allegorical symbols at centre, value at each corner (Pick 244e, MA M 17), in PCGS holder 67, superb gem new, PPQ Estimate HK$10,000-12,000

1248 Mercantile Bank Limited, specimen $100, 1 November 1973, serial number A000000, red, pale blue and multicoloured, view of Hong Kong at centre, value at centre and at each corner, reverse red and pale orange, maiden at centre, value at each corner (Pick 244es, Ma M 17), in PCGS holder 64 PPQ, very choice new, perforated, black SPECIMEN overprint, rare Estimate HK$10,000-15,000

1250 Mercantile Bank Limited, $100, 1 November 1973, serial number A 940439, red and multicoloured, view of Hong Kong at centre, reverse red, Britannia at centre, value at each corner (Pick 244e, Ma M17), uncirculated Estimate HK$2,000-2,500

133

BANKNOTES OF HONG KONG AND MACAU

1251 Mercantile Bank Limited, $100 (2), 4 November 1974, serial number B 000306/307, red and multicoloured, maiden at left, value at centre and at each corner, two printed signatures below, reverse red, view of Hong Kong at centre (Pick 245, Ma M18), in PCGS holders (first) 58, choice about new, PPQ, (second) 63, choice new, PPQ and a pair of consecutive low number notes (2) Estimate HK$2,000-3,000

1252 Mercantile Bank Limited, $100, 4 November 1974, serial number B225500, red and multicoloured, maiden at left, reverse red, view of Hong Kong at centre (Pick 245, Ma M 18), uncirculated and an interesting number Estimate HK$800-1,000

A RARE MERCANTILE $50 OF 1941

1253 Mercantile Bank of India Limited, $50, 29 November 1941, serial number 86549, brown, green, lilac and blue, classical male head at left, value at centre and at each corner, two printed signatures below, brown and pale green, ornate temple and steps at left centre, value at right (Ma M13), a pleasing very fine and a rare type, attractive Estimate HK$75,000-80,000

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January 18 & 19, 2014 - Hong Kong

BANK OF CHINA

VARIOUS

1254 Bank of China, $500, 1 January 1996, serial number AN 000001, brown and multicoloured, bank building at left (Pick 332c), in PMG holder 64, choice uncirculated, EPQ and number 1 Estimate HK$20,000-25,000

1257 Standard Chartered Bank, $1000 (2), 2012, serial number AQ 000100/AX 0 0 0 1 0 0 , r e d a n d y e l l o w, d r a g o n a t l e f t uncirculated (2) Estimate HK$3,000-3,500

MISCELLANEOUS LOTS

1258 Hong Kong, group of 6 old forgery notes including Government Issues $1, Hong Kong and Shanghai Banking Corporation, $5, Chartered bank $5, useful for numismatic research, an interesting group (6) Estimate HK$600-800

1255 Bank of China, $1000, 1 January 2010, serial number AG 222222, gold and multicoloured, Bank of China building at left, reverse gold and red, view of Hong Kong (Pick 345a), in PMG 67 superb gem uncirculated, EPQ and a good number Estimate HK$15,000-18,000

1259 Hong Kong, a group of notes including Hong Kong and Shanghai Banking Corporation, $5 (Ma H 10), $10 (Ma H 15, H 16), $20 (Ma H 17, H 18, H 18a), $50 (Ma H 26), $100 (Ma H 37), Chartered Bank, $5 (Ma S 8), $10 (Ma S 13, S 15, S 16), $20 (Ma S 18), $100 (Ma S 37), mostly uncirculated and with interesting serial numbers (60) Estimate HK$1,500-2,000 1256 Bank of China, $20, $50, $100, $500 and $1000 Replacement notes, 1 May 1994, all with ‘ZZ’ prefix, first date of issue and now a very popular collecting theme (Ma BC1, 2, 3, 4 and 5), uncirculated (5) Estimate HK$3,500-3,800

135

BANKNOTES OF HONG KONG AND MACAU

1260 Hong Kong, a group of notes including Hong Kong and Shanghai Banking Corporation, $5 (Ma H 10), $10 (Ma H 15, H 16), $20(Ma H 18a), $50(Ma H 26), $100(Ma H 37), Chartered Bank, $5(Ma S 8), $10(Ma S 13, S 15, S 16), $20(Ma S 18a), the Chartered bank $10 (Ma S 13) fine to very good, others mostly uncirculated and with interesting serial numbers (47) Estimate HK$2,000-2,500 1261 Hong Kong, a group of notes including Hong Kong and Shanghai Banking Corporation, $5 (Ma H 10), $10 (Ma H 15, H 16), $20 (Ma H 17), $100 (Ma H 36), Chartered Bank, $10 (Ma S 15, S 16), $20 (Ma S 18a), Bank of China, $20 (Ma BC 1), mostly uncirculated and with interesting serial numbers (38) Estimate HK$3,000-4,000

1262 Hong Kong and Shanghai Banking Corporation, $5, 29 June 1960, serial number 002002 AU, brown, maiden at right, coat of arms at centre, reverse brown, bank building at center, also Standard Chartered Bank, $50, 1 January 1987, serial number C009009, purple, lion playing with ball at right (Ma H10 and S27 respectively), uncirculated, the 1960 $5 a scarce date and the 1987 $50 an interesting number (2) Estimate HK$3,000-4,000

1263 Hong Kong and Shanghai Banking Corporation, $10, 1 April 1948, serial number L/H 122,334 also Chartered Bank, $100, 1 January 1982, serial number AD 122334 (Ma H14 and S35), first about very fine, second uncirculated, fancy numbers on their own but an amazing coincidence to have the same number on the notes from two different banks with a gap of nearly forty years (2) Estimate HK$800-1,000

1264 Group of 7 inking error notes including HSBC $5 (4), HSBC $10 (2) and The Chartered Bank $10 (1), various errors such as ink spots, missing ink, generally uncirculated (7) Estimate HK$1,000-1,500 1265 Group of 13 error notes with misaligned printing or cutting, including notes from the Government of Hong Kong, Chartered Bank, HSBC and Mercantile Bank, generally uncirculated (13) Estimate HK$1,500-2,000

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January 18 & 19, 2014 - Hong Kong

ORIENTAL BANK CORPORATION/AN EXTREMELY RARE PROOF $50 OF 1866

1266 Oriental Bank Corporation, proof $50 on thin card, Victoria, Hong Kong, 18- (ca 1866), black and white, Royal arms top centre with VICTORIA HONG KONG in text and black bold 50 top left and right (Pick Ma B3 for type), a Batho & Co. engraving, in PCGS holder 55, (apparent) choice about new, stains on reverse, extremely rare The Oriental Bank$50 已被刋登在香港歷史博物館編製的最新版《香港貨幣》。 該書刋載了五張第一 至三款樣票的圖樣，其中四張為第一至第二款，銀行紋章為左馬右獅。而祇有 這張為第三款，銀行紋章則為左獅右馬，與別不同。 Estimate HK$200,000-250,000

137

BANKNOTES OF HONG KONG AND MACAU

HONG KONG SPECIAL ADMINISTRATION

1267 Hong Kong Special Administation Region Government, a presentation folder of the charity collection of 1 July 2002, comprising 6 x $10 on an uncut sheet, purple, also a receipt for the sheet (Pick 400), uncirculated Estimate HK$1,000-1,200

MACAU

HONG KONG JOCKEY CLUB

1268 Hong Kong Jockey Club, $2 last race cash sweep, 6 March 1976, serial number 0000001 Estimate HK$500-800

1269 Banco Nacional Ultramarino, Macao, 10 patacas, 31 May 1927, serial number 15440, red and pale green, arms and galleon at centre, value top left and right, two printed signatures low right, manuscript signature low left, reverse red and pale green, arms at centre, value at left and right (Pick 3), in PMG holder 25, very fine, some splitting, rare Estimate HK$8,000-12,000

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January 18 & 19, 2014 - Hong Kong

1270 Banco Nacional Ultramarino, Macao, specimen 1 pataca, 1 January 1912, serial number 000000-247000, blue and brown, value top centre, counterfoil at left with serial number 197001, reverse pale blue and brown, arms at centre, value at left and right (Pick 7s, Lu M22s), ink date ‘13.10.19’ in top margin, perforated CANCELLED, in PCGS holder 55, choice about new, PPQ, very rare Estimate HK$10,000-14,000

1272 Banco Nacional Ultramarino, 5 patacas, 1 January 1924, serial number 042566, green and orange, steamship at low left, junk low right, arms at centre, reverse green, head of Mercury at centre (cf Pick 8 for type), genuine but heavily restored along folds, about good Estimate HK$1,500-2,000

1271 Banco Nacional Ultramarino, Macao, 1 pataca, 1 January 1912, serial number 100756, brown and pale blue, value top centre, manuscript signature low left, reverse brown and pale blue, arms and value at centre (Pick 7), almost fine and scarce Estimate HK$1,500-2,500

139

BANKNOTES OF HONG KONG AND MACAU

AN EXCEPTIONAL 100 PATACAS OF 1919

1273 Banco Nacional Ultramarino, Macao, specimen 100 patacas, 22 July 1919, red serial number 00001-40000, purple-brown, pale green and pink, steamship left centre, arms top left, red steamship seal at right, MACAO in tablet low centre, reverse purple-brown, orange and green, value at centre, arms at left and right (Pick 9s, Lu M57s), ink date ‘9.9.19’, perforated CANCELLED, in PCGS holder 45, (apparent) extremely fine, minor mounting traces, a lovely Bradbury Wilkinson engraving, extremely rare and the first specimen note of the issue Estimate HK$60,000-80,000

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January 18 & 19, 2014 - Hong Kong

1274 Banco Nacional Ultramarino, 5 avos, ND (1944), red and pale green, arms top left (Pick 18), scarcest denomination for series, good fine Estimate HK$1,200-1,400

1277 Banco Nacional Ultramarino, 20 avos, ND (1942), serial number 555782, brown and pale blue-green, arms top left (Pick 16), slight age spotting otherwise good very fine Estimate HK$1,200-1,600

1275 Banco Nacional Ultramarino, 5 and 10 avos, ND (1920), red and pale green, arms top left (Pick 10,11), very fine, scarce (2) Estimate HK$800-1,000

1278 Banco Nacional Ultramarino, 5 patacas, 1944, black serial number 0008675, dark blue, red central guilloche, arms at left, steamship seal at right, reverse green, also 10 patacas, 1944, brown and mauve, design as previous, reverse brown (Pick 22,23), almost very fine and fine, scarce (2) Estimate HK$2,500-3,500

1276 Banco Nacional Ultramarino, Macao, 10 avos (3), ND (1920), green and pale yellow, 10 avos, ND (1942), blue, 20 avos (2), ND (1944), red, 50 avos (2), ND (1942), purple and pale green, 50 avos, ND (1944), purple and pale green, (Pick 11,15,20,17,21), generally fine to very fine (9) Estimate HK$2,000-2,500

141

BANKNOTES OF HONG KONG AND MACAU

1278A Banco Nacional Ultramarino, 25 patacas, 1944, black serial number 35891, Japanese Administration WWII, brown, pale yellow, reddish brown central guilloche, arms at right, steamships seal at left, two signatures below (Pick 24), in PMG holder 30 NET, very fine, extremely scares Estimate HK$150,000-200,000

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January 18 & 19, 2014 - Hong Kong

A RARE 100 PATACAS OF 1944

1279 Banco Nacional Ultramarino, 100 patacas, 1944, black serial number 00401, red, pale yellow, pale blue-green central guilloche, arms at left, steamship seal at right, two signatures below, reverse red-brown and pale yellow, arms at centre (Pick 26), a solid and original almost very fine, very rare Estimate HK$20,000-30,000

1281 Banco Nacional Ultramarino, Macao, 1 pataca (3), 16 November 1945, blue, arms at left, gateway at right (Pick 28), fine, almost uncirculated and uncirculated (3) Estimate HK$1,000-1,500

1280 Banco Nacional Ultramarino, 50 patacas, 1944, black serial number 0008675, olive green, red central guilloche, arms at left, steamship seal at right, reverse brown and pale green, arms at centre (Pick 25), good very fine, pencil annotation in top margin, rare Estimate HK$8,000-12,000

143

BANKNOTES OF HONG KONG AND MACAU

1282 Banco Nacional Ultramarino, Macao, 5 patacas, 16 November 1945, serial number 820490, green, arms at left, gateway at right (Pick 29), uncirculated thus scarce Estimate HK$2,000-2,500

1283 Banco National Ultramarino, Macau 5 patacas, 1945, serial number 634260, green on green and red underprint, temple at right, reverse green, sailing ship at centre. (Pick 29), crisp and about uncirculated Estimate HK$2,500-3,000

1284 Banco Nacional Ultramarino, Macao, 5 patacas, 16 November 1945, brown, arms at left, gateway at right (Pick 30), almost fine Estimate HK$800-1,200

1285 Banco Nacional Ultramarino, Macau, 25 patacas, 10 November 1945, serial number 084558, red and pale green, arms at left, the Ma Kok Temple in Macao at right, two printed signatures below, reverse red, ship seal at center, value at left and right (Pick 31), in PCGS holder 50, choice about new, excessively rare as a type Estimate HK$80,000-100,000

1286 Banco Nacional Ultramarino, Macao, 5,10,20 and 50 avos, 1946, (Pick 35a-38a), the 20 avos fine, balance generally very fine (4) Estimate HK$1,000-1,200

1287 Banco Nacional Ultramarino, Macao, specimen 25 patacas, 20 April 1948, serial number 000000, brown, lilac, green and pale blue, steamship low centre, Luis de Camoes at right, value at centre and at each corner, reverse brown and lilac, maiden and shipping through the ages at centre, arms at left (Pick 39s, Lu M46s) ink date ‘30.6.48’ in top margin, red ESPECIME overprint, small cancellation holes, in PCGS holder 45, extremely fine, PPQ, rare Estimate HK$4,500-6,500

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January 18 & 19, 2014 - Hong Kong

1288 Banco Nacional Ultramarino, colour trial 25 patacas, ND (1948), no serial numbers, green and multicoloured, De Camoes at right, steamship in pale blue low centre, MACAU in tablet low centre, reverse green and lilac, maiden and shipping at centre, arms at left (Pick 39s, Lu M46s), red SPECIMEN overprint, perforated, uncirculated and the very rare type of 1948. Attractive Estimate HK$15,000-20,000

1290 Banco Nacional Ultramarino, Macao, specimen 25 patacas, 20 April 1948, serial number 018,001-037-000, brown, lilac, green and pale blue, steamship low centre, Luis de Camoes at right, value at centre and at each corner, reverse brown and lilac, maiden and shipping through the ages at centre, arms at left (Pick 39s, Lu M46s) ink date ‘30.6.48’’ in top margin, perforated SPECIMEN, in PCGS holder 50, about new, rare Estimate HK$6,000-8,000

1289 Banco Nacional Ultramarino, Macao, specimen 25 patacas, 20 April 1948, serial number 000000, brown, lilac, green and pale blue, steamship low centre, Luis de Camoes at right, value at centre and at each corner, reverse brown and lilac, maiden and shipping through the ages at centre, arms at left (Pick 39s, LU M46s) ink date ‘8.6.49’ in top margin, red ESPECIME overprint, small cancellation holes, in PCGS holder 40, extremely fine, rare Estimate HK$5,000-7,000

1291 Banco Nacional Ultramarino, Macao, specimen 25 patacas, 20 April 1948, serial number 037001055000, brown, lilac, green and pale blue, steamship low centre, Luis de Camoes at right, value at centre and at each corner, reverse brown and lilac, maiden and shipping through the ages at centre, arms at left (Pick 39s, LU M46s) ink date ‘30.6.48’’ in top margin, perforated SPECIMEN, uncirculalated and rare Estimate HK$6,000-8,000

145

BANKNOTES OF HONG KONG AND MACAU 1295 Banco Nacional Ultramarino, specimen 20 avos, 19 January 1952, zero serial numbers. olive and multicoloured, arms low centre, reverse grey, ship seal at centre (Pick 43s), perforated, red SPECIMEN overprint, uncirculated, scarce (3) Estimate HK$3,000-4,000 1292 Banco Nacional Ultramarino, Macao, specimen 25 patacas, 20 April 1948, serial number 150,001-175,000, brown, lilac, green and pale blue, steamship low centre, Luis de Camoes at right, value at centre and at each corner, reverse brown and lilac, maiden and shipping through the ages at centre, arms at left (Pick 39s, Lu M46s) ink date ‘30.6.48’’ in top margin, perforated SPECIMEN, in PCGS holder 58, choice about new, rare Estimate HK$6,000-8,000

1293 Banco Nacional Ultramarino, Macao, specimen 2 avos, violet, 5 avos, brown and pale green, 10 avos, green and 20 avos, olive, orange-brown and violet, all arms in field and all dated 19 January 1952 with zero serial numbers (Pick 40s,41s,42s,43s), ink annotations, perforated SPECIMEN, uncirculated and rare (4) Estimate HK$6,000-10,000

1294 Banco Nacional Ultramarino, specimen 20 avos, 19 January 1952, zero serial numbers. olive and multicoloured, arms low centre, reverse grey, ship seal at centre (Pick 43s), perforated, red SPECIMEN overprint, uncirculated, scarce (3) Estimate HK$3,000-4,000

1296 Banco Nacional Ultramarino, Macao, 10 patacas, 20 November 1958, blue, arms low centre, De Camoes at right , also 25 patacas, 20 November 1958, brown, arms low centre, de Camoes at right (Pick 45,46), almost fine (2) Estimate HK$1,000-1,200

1297 Banco Nacional Ultramarino, 25 patacas, 20 November 1958, prefix B, brown and multicoloured, de Camoes at right, arms low centre (Pick 46a), fine, scarce Estimate HK$1,200-1,600

1298 Banco Nacional Ultramarino, Macao, 25 patacas, 20 November 1958, serial number B 186571, brown, arms low centre, de Camoes at right (Pick 46), almost uncirculated thus rare Estimate HK$2,500-3,500

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January 18 & 19, 2014 - Hong Kong

1299 Banco Nacional Ultramarino, 50 escudos, 1 September 176, serial number 45925, blue-grey and multicoloured, De Camoes at right, arms low centre (Pick 56a), an original good very fine and scarce Estimate HK$1,200-1,600

1302 Banco Nacional Ultramarino, specimen 100 patacas, 1 August 1966, serial number 000000, green and brown and pink, da Silveira at right, reverse brown, pink and green, archway at centre, arms at left (Pick 51s, Lu M61s), in PCGS holder 58 PPQ, choice about new, perforated, red SPECIMEN overprint, rare Estimate HK$8,000-10,000

1300 Banco Nacional Ultramarino, specimen 100 patacas, 1 August 1966, serial number 000000, green and brown and pink, da Silveira at right, reverse brown, pink and green, archway at centre, arms at left (Pick 51s, Lu M61s), in PCGS holder 63 PPQ, very choice new, perforated, red SPECIMEN overprint, rare Estimate HK$8,000-10,000

1303 Banco Nacional Ultramarino, Macao, specimen 100 patacas, 1 August 1966, serial number 000000, brown and multicoloured, da Silveira at right, reverse brown, gateway at centre, arms at left (Pick 51s, Lu M61s), perforated, red SPECIMEN overprint, uncirculated, rare Estimate HK$8,000-9,000

1301 Banco Nacional Ultramarino, specimen 100 patacas, 1 August 1966, serial number 000000, green and brown and pink, da Silveira at right, reverse brown, pink and green, archway at centre, arms at left (Pick 51s, Lu M61s), in PCGS holder 53, about new, perforated, red SPECIMEN overprint, rare Estimate HK$8,000-10,000

1304 Banco Nacional Ultramarino, 100 patacas, 19 May 1952, serial number 156235, brown and pale pink and green, da Silveira at right (Pick 44a), pressed, about fine, scarce Estimate HK$1,500-1,800

147

BANKNOTES OF HONG KONG AND MACAU

1305 Banco Nacional Ultramarino, Macao, 25 patacas, 20 November 1958, serial number B 004433, brown, arms low centre, de Camoes at right (Pick 46), uncirculated thus rare and a low serial number Estimate HK$4,000-5,000

1308 Banco Nacional Ultramarino, Macao, 5 patacas (4), 21 March 1968, brown, arms low centre, Carneiro at right, reverse brown, youth and ships, ship seal at left (Pick 49a), uncirculated thus scarce (4) Estimate HK$3,500-4,000

1306 Banco Nacional Ultramarino, Macao, 50 patacas, 20 November 1958, serial number 052355, bluegrey, arms low centre, de Camoes at right, reverse blue-grey, youth and ships, ship seal at left (Pick 47), uncirculated thus rare Estimate HK$5,000-7,000

1309 Banco Nacional Ultramarino, Macao, 10 patacas (2), 8 April 1963, blue, arms low centre, Carneiro at right, reverse blue, youth and ships, ship seal at left (Pick 50a), uncirculated thus scarce (2) Estimate HK$2,000-2,500

1307 Banco Nacional Ultramarino, Macao, 50 patacas, 20 November 1958, serial number 393765, bluegrey, arms low centre, de Camoes at right, reverse blue-grey, youth and ships, ship seal at left (Pick 47), uncirculated thus rare Estimate HK$4,000-5,000

1310 Banco Nacional Ultramarino, Macao, 100 patacas, 13 December 1973, serial number 065605, blue, arms top centre, the Cathedral of Saint Paul at right, reverse blue, ship seal at centre, junk at left (Pick 53a), uncirculated thus scarce Estimate HK$5,000-6,000

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January 18 & 19, 2014 - Hong Kong

1315 Banco Nacional Ultramarino, specimen 100 patacas (3), 12 May 1884, prefixes NX,NY,NZ 00001-75000, blue, pale lilac and green, Pessanha at right, arms at low centre, blue, the Baia da Praia Grande at centre (Pick 61as), ink numeral top right, red ESPECIMEN overprint, uncirculated and rare (3) Estimate HK$6,000-8,000

1311 Banco Nacional Ultramarino, Macao, 10 patacas (2), 8 August 1981, 12 May 1984, brown, arms low centre, lighthouse at right, reverse brown, the ‘Baia da Praia Grande’ at centre (Pick 59a,d), uncirculated thus scarce (2) Estimate HK$1,200-1,600 1312 Banco Nacional Ultramarino, 5 patacas (4), 1981, green, all different signature varieties, also 10 patacas (4), 1981, brown, all different signature varieties (Pick 58,59), uncirculated (8) Estimate HK$1,800-2,200 1313 Banco Nacional Ultramarino, 10 patacas (9), 1984, brown, lighthouse at right (Pick 59), a consecutive run, uncirculated (9) Estimate HK$1,000-1,200

1316 Banco Nacional Ultramarino, Macau, 500 patacas, 1963, serial number 094050, green on multicolour underprint, portrait of Bishop D Belchior Carneiro at lower right, woman and sailing ship at centre, (Pick 52), fine to very fine, Estimate HK$6,000-8,000

1314 Banco Nacional Ultramarino, specimen 100 patacas (3), 12 May 1984, prefixes NA,NB,NC 00001-75000, blue, pale lilac and green, Pessanha at right, arms at low centre, blue, the Baia da Praia Grande at centre (Pick 61as), ink numeral top right, red ESPECIMEN overprint, uncirculated and rare (3) Estimate HK$6,000-8,000

1317 Banco Nacional Ultramarino, specimen 500 patacas, 8 April 1963, serial number 000000, green and multicoloured, Carneiro at right, arms low centre, value at centre and at each c o r n e r, r e v e r s e g r e e n a n d m u l t i c o l o u r e d , maiden and ships at centre, ship seal at left (Pick 52s, Lu M71s), ink date in top margin, red ESPECIME overprint, perforated, good extremely fine and rare Estimate HK$6,000-8,000 149

BANKNOTES OF HONG KONG AND MACAU

1318 Banco Nacional Ultramarino, specimen 500 patacas, 8 April 1963, serial number 000001001400, green and multicoloured, Carneiro at right, arms low centre, value at centre and at each corner, reverse green and multicoloured, maiden and ships at centre, ship seal at left (Pick 52s, Lu M71s), ink date in top margin, perforated SPECIMEN, extremely fine and rare Estimate HK$7,000-9,000

1321 Banco Nacional Ultramarino, Macao, 1000 patacas, 8 August 1968, serial number AA 88589, orange and green, dragon at right (Pick 63a), in PMG holder 67, superb gem uncirculated, EPQ Estimate HK$5,500-6,000

1322 Banco Nacional Ultramarino, 10 patacas (3), 1963, 5 patacas, 1976, 100 patacas, 1973 (Pick 50a,54a,53a), generally very fine (5) Estimate HK$1,500-2,000 1319 Banco Nacional Ultramarino, stage proofs (3) for the 500 patacas, type of 1981, green and multicoloured, De Morais at right, arms low centre, reverse green, the Baia da Praia Grange at centre, one example with obveres, one with reverse and one with partial obverse and reverse (Pick 62 for type, Lu M73), uncirculated and very unusual, rare (3) Estimate HK$7,000-10,000

1323 Banco Nacional Ultramarino, 50 patacas (2), 1999, serial numbers BG 0009/00010 avos, ND (1944), red and pale green, arms top left (Pick 72), uncirculated (2) Estimate HK$1,000-1,200

1320 Banco Nacional Ultramarino, 500 patacas, 8 August 1981, serial number ND 69958, green and pale pink, De Morais at right, arms low centre (Pick 62a, Lu M73), uncirculated Estimate HK$2,000-3,000

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January 18 & 19, 2014 - Hong Kong

1324 Banco Nacional Ultramarino, 100 patacas (2), 13 July 1992, serial number DB 444888 and DH 444888, black-grey and pale yellow, junk at right (Pick 68a), interesting matching numbers, almost uncirculated (2) Estimate HK$2,000-3,000

1327 Tang Tung Cheng Bank, Macao, unissued $10 cashiers cheques (2), ND, pink and black, reverse red, bank building at centre, MACAO in text below damp staining otherwise almost very fine, scarce (2) Estimate HK$800-900

1325 Banco Nacional Ultramarino, Macao, 500 patacas, 3 September 1990, prefix BE, green and multicoloured, gateway at right (Pick 69a), in ICG holder 68 gem uncirculated Estimate HK$2,000-2,200

1326 Banco Nacional Ultramarino, a wrapped bundle of 100 x 50 patacas, 8 August 2009, serial number ZZ 008119-008219 brown, road bridge at centre (Pick uncirculated and a replacement block, unusual and scarce (100) Estimate HK$20,000-25,000

1328 Partial sheet, green and white extremely fine Estimate HK$1,500-1,600

151

BANKNOTES OF HONG KONG AND MACAU

BRITISH NORTH BORNEO

1329 Kee Kwan Motor Road Co LTD, Macao, a set of passenger tokens for 5 and 10 cents, also 20 and 50 cents, all with serial number and vignettes including the 5 and 20 cents with taxi good extremely fine (4) Estimate HK$500-600

1332 British North Borneo Company, 1 dollar, 1936, serial number G814560, black on red underprint, mountain upper centre, reverse black, printer Blades, East & Blades Limited, (Pick 28), some discolouration, otherwise fine to very fine Estimate HK$1,000-1,200

CAMBODIA

1330 Tu n g Yu n g P i a o , T h o n g E n g P i e o a n d miscellaneous private issues colourful and interesting (5) Estimate HK$1,200-1,400 1333 Banque Nationale du Cambodge, 50 riels, ND (1956), blue and multicoloured, farmer and water carrier at left (Pick 3Aa), in ICG holder 35, very fine plus, pinholes Estimate HK$3,000-3,500

WORLD NOTES/AUSTRALIA

FIJI

1331 Commonwealth of Australia, ÂŁ1, ND (1961-), prefix HF/75, black and pale green, Elizabeth II at right, arms top centre, Coombs Wilson signatures (Pick 34a), in ICG holder 60, about uncirculated to uncirculated Estimate HK$1,500-1,800

1334 Government of Fiji, 5/-, 1 June 1951, prefix B/10, blue and brown, George VI at right, arms top centre (Pick 37k), in ICG holder 45, extra fine plus Estimate HK$1,000-1,200

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January 18 & 19, 2014 - Hong Kong

1335 Government of Fiji, £1, 1 June 1951, prefix B/7, red, green and pink, George VI at right, arms top centre (Pick 40f), in ICG holder 48, extra fine plus Estimate HK$6,000-6,500

1338 Banque de L’indochine, 100 piastres, 1936, serial number M.226 997, yellow and multicoloured, incense urn at left, watermark of Vietnamese man at right, bust of European man on reverse (Pick 51d), about extreme-ely fine Estimate HK$300-500

FRENCH INDOCHINA 1336 Hong Kong and Shanghai Banking Corporation, a group of bills of exchange, all Saigon, 18771881, pink on white paper, bank arms top centre, manuscript date and signatures and all with green ‘Credit Lyonnais’ handstamp, various annotations, generally good very fine (9) Estimate HK$2,000-3,000

1339 Banque de l’Indo-Chine, specimen 1 franc, ND (1946), zero serial numbers, multicoloured, girl at right, Minost and Laurent signatures (Pick 54cs), in ICG holder 66, choice uncirculated Estimate HK$2,500-2,800

1337 Banque de l’Indo-Chine, 10 cents (2), one black and one red serial numbers, blue and beige, ornate border around, also 5 piastres, ND (1927-), prefix F, multicoloured, France at rightSimon and de la Chaume signatures (Pick 43,44,49b), in ICG holders, 45, extra fine plus,50, extremely fine to AU and 48, extra fine plus (3) Estimate HK$3,400-3,800

1340 Institut d’Emission des Etats du Cambodge, du Laos et du Viet-Nam, 200 piastres, ND (1953), prefix D, multicoloured, elephant at left, water buffalo at right, reverse ruins at Angkor (Pick 98, Cambodia issue), in ICG holder 60, about uncirculated to uncirculated Estimate HK$3,500-4,000 153

BANKNOTES OF HONG KONG AND MACAU

INDONESIA

1341 Bank Indonesia, 500 rupiah, 1960, black and pale mauve, President Sukharno at left (Pick 87b), in ICG holder, 68 gem uncirculated Estimate HK$1,500-1,800

AN INTERESTING AND VARIED COLLECTION OF JAPANESE ‘HANSATSU’

1342 Japanese Hansatsu, a selection comprising Kawachi Province 1,3 and 200 momme, ca 18351841, also Settsu Province, AsadaHan (3), Sanda Han (3), Amagasaki Han (3) including a 10 mon and a 10 silver Ju, also Sumiyoshi and Mizogui Han 1 mon generally fine to very fine and several scarce (14) Estimate HK$3,000-4,000

1343 Japanese Hansatsu, a selection comprising Ise Province, Tsu Han, 1 and 200 mon, Owari Province, Kumiai Satsu Cooperative notes for 1 and 3 mon, Nagoya Han 3 mon and a 1 ryo, 1843 (unissued), Uenoma Mura 1 mon (2), 3 mon (2) generrally fine to very fine, the 1 ryo scarce (10) Estimate HK$2,500-3,500

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January 18 & 19, 2014 - Hong Kong

1344 Japanese Hansatsu, a selection comprising Mikawa, Nagasawa 1 mon, ca 1730, Nanto Exchange gin 2 fun, 1730, Takatsuka, 1 shu, S a n b u t s u Te g a t a 1 m o n p r o d u c t n o t e ( 2 ) , gin 3 fun (2), a silver 3 mon, also a 1 and 2 mon issued by the Nagasawa Yosho office generally fine to very fine (10) Estimate HK$2,500-3,000

1345 Japanese Hansatsu, a selection comprising Mikawa Province Nagasawa 100, 300 (2) and 500 mon, 1730, gin 1 mon (4), 1730, and a gin 2 fun for issue at the Nagasawa Yosho Office generally fine to very fine, the 1 ryo scarce (9) Estimate HK$2,000-3,000

155

BANKNOTES OF HONG KONG AND MACAU

1346 Japanese Hansatsu, a selection comprising Musashi Province gin 1 mon, 1865, Omi Province 200 mon, 1860’s, 500 mon, both for a charcoal company, Omori 5 fun, tea currency backed , 1961, 2 mon, 1847,1 mon, 1847, Hikone Han 2 sho rice, 1799, Mino Province, gin 1 mon, 1737 and three private notes (Kanei currency) generally fine to very fine (11) Estimate HK$3,000-3,500

1347 Japanese Hansatsu, a selection comprising Kohzuke Province, Takasaki Han, 100 mon, Isesaki Han unissued copper 5000 mon, Numata Han 1 mon, 1835, Rikuzen Province, Sendai Han 1 shu, 1854, Rikuchu Province, Morioka Han 12 mon, 1847, also 24 mon, 1836, also Mutsu Province Hirosaki Han 5 mon and 18 mon (2), 1875generally fine to very fine (9) Estimate HK$2,500-3,500

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January 18 & 19, 2014 - Hong Kong

1348 Japanese Hansatsu, a selection comprising Tamba Province, Shingo, 1 mon (2), Kameyama Han, 100 mon, 1748, Sonobe Han, 1 fun ‘Kyoho’, Yamaga Han, 5 mon, 1772, Tajima Province, Sugihara Han, 5 mon (2), Izushi Han 5 fun (2), 1730-, Kyoho issue, 1 mon, Koide issue 5 mon generally fine to very fine (11) Estimate HK$3,000-3,500

157

1349 Japanese Hansatsu, a selection comprising Tajima Province, Minakami issue, 1 mon, 3000 mon, 1870, Futakata issue 30 mon, Tango Province, Mizayu issue 100 mon, Kaga Province, Kanazawa issue 50 mon, 1868, Inaba Province, Tottori issue, 2 fun, 1731, Izumo Province, Mori Han, 1 and 100 mon, Izumo Province, Matsue issue 1 mon, 1675 (?) and 1000 mon, late 1790’s, Urymura issue 1 mon, 1857 generally fine to very fine (11) Estimate HK$3,000-3,500

BANKNOTES OF HONG KONG AND MACAU

1350 Japanese Hansatsu, a selection comprising Harima Province, Banshu issue, 1868, Harima 1 mon, Himeji issue, 1 mon, 1868, Yamazaki Han, 1 mon, 1818, 10 mon, Ako Han, 1 fun, Sayo issue, 20 mon, 1 mon, 1823, Uematsu Mura village issue, 1 and 10 and 50 mon, Oeshima Mura 5 mon, Kato issue 500 mon, 1 mon rice note, 1869, Taakara Tetsuzan 1 mon and Nakando Mura issue 1 mon, 1863 generally fine to very fine (16) Estimate HK$4,000-5,000

1351 Japanese Hansatsu, a selection comprising Bitchu Province, Okada Han, 10 mon, 1854-, Muraji Shima, 1 mon, 1847, Yakage issue, 1 fun, 1865, Tsu temple 1 mon, Obie issue 1 mon, Aki Province, Hiroshima issue 5 mon (2), 1764, Suwo Province, Tokuyama Han 3 mon, 1819, Yamaguchi Han 10 mon, Nagato Province, Toyoura issue, 30 mon, 1854generally fine to very fine (10) Estimate HK$2,500-3,000

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January 18 & 19, 2014 - Hong Kong

1352 Japanese Hansatsu, a selection comprising Kii Province, Kanrenja issue 1 mon, 1858 and a 5 fun, 1858, Wakayama Han, 1 mon (4), 1823, Koyasan issue 1 mon (2), 1823, Awa Province, Tokushima Han, 1 mon (2), 1736-, 3 fun ‘reissue’, 1 mon with revaluation to 8 rin (4), 1868-, generally fine to very fine (15) Estimate HK$2,500-3,000

1353 Japanese Hansatsu, a selection comprising Iyo Province, Matsuyama issue, 5 fun, 1762, Uwajima issue, 3 fun, 1760, 5 mon, 1830, Osu Han issue, 1 mon, 1746, 2 fun, 1746, 3 fun, 1746, 5 fun, 1746, also a 10 Mon, ND, also a Tosa Province, Kochi Han issue 1 mon, 1865- generrally fine to very fine, the 1 ryo scarce (11) Estimate HK$2,500-3,000

159

BANKNOTES OF HONG KONG AND MACAU

1354 Japanese Hansatsu, a selection comprising Chikuzen Province, Akizuki issue 2 mon, 1830-, Chiguko Province, Soga Daifuku issue, 1 mon, 1836, Kurume Han issue, 1 mon, 1865-, Buzen Province, Unoshima issue, 8 sen 2 fun, Kyushu 1 mon, Nakatsu Han issue, 1 mon, Kokura Han 200 mon, 1843, Bungo Province, Kitsuki Han issue, 5 mon, 1816 and Oka Han, 5 mon, 1771 and Hizen Province, Shimabara Han issue, 5 mon, 1776 generally fine to very fine (10) Estimate HK$2,500-3,000

1356 Japanese Hansatsu, a selection comprising Yamoto Province, Somatsugoten Temple, 1 mon (2), Nanto Exchange 1 mon, 1865-, Kinki issue, 1 mon (2), Asako issue, 2 fun, 1864, Kometagata rice note, 1 mon, 1857, Washu issue 2 mon, 1866, Toyoura 100 mon, Nanto rice backed 1 (2), 2 and 3 fun, Nanto 5 fun, Toyota village, 1 mon, 1751, Sanson Goten 1 mon generally fine to very fine (16) Estimate HK$2,400-2,800

1355 Yamoto Province, a selection comprising Nanto (?)

1 mon (9), 1 mon, 1866, Kome Tegata rice note, 1 mon, Ryomura merchant promissory note, 1 mon (2), 1866, Konpara rice office 1 mon, Koyasan Temple 1 mon (8), ca 1864 (?) generally fine (22) Estimate HK$2,500-3,000

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January 18 & 19, 2014 - Hong Kong

1357 Japanese Hansatsu, a selection comprising Yamoto Province, Kizo Hongo 2 mon, 1866, Abeyama 1 mon, 1866, Kome Tegata 1 mon (2), 1866, Matsuzuka issue, 1 mon, Nishitsuji issue 1 mon (2), Dachin Azukari Kitte 1 mon, 1790, Konpara Rice office 1 mon (2), Shukomudo 1 mon (2), 1866, Nanto 1 mon, 1866 and Fukuchi 1 mon (20, 1782 generally fine to very fine (15) Estimate HK$2,500-3,000

1358 Japanese Hansatsu, a selection comprising Yamoto Province, Shibamura Han, 1 mon (3), 1745, Kukuchi 3 fun, 1782, Yanagimoto Han, 1 mon, 1830, 1 mon, 1796, 1 mon, 1838, Abeyama 1 mon (2), 1866, 3 fun (2), 1865,1866, 2 to, 1866, Koriyama Han, 1 mon, and Yagifu Han, 1 mon, 1804 generally fine to very fine (14) Estimate HK$2,000-2,500

161

BANKNOTES OF HONG KONG AND MACAU

1359 Japanese Hansatsu, a selection comprising Saikyo (Kyoto), Nishinokyo and Osaka issue, 5 silver kanme/5000 mon, 1868, Nagasawa issue 3 mon (2), 1730, 3 fun (2), 1730, Yamashiro Province 1 mon ‘pharmacist note’, 1866, Sagagosho temple, 1 mon (2), 1861, generally fine to very fine, the first note a high denomination for series and scarce (8) Estimate HK$2,500-3,000

1360 Japanese Hansatsu, a selection comprising Tajima Province, 20 mon, Mikawa Province, 1 shu ‘sake’ note (2), Bichu Province 1 mon (2), 1748-, 4 and 5 fun, Tamba Province, 1 rio, 1870, Harima Province, 1 mon (3), Bungo Province, 10 mon, Izumi, Kawachi Province, 2 mon (2), Settsu Province 1 mon, Yamauchi Chinzen Tegata labour note, 1 mon, Buzen Province, Ogawa notes (2) generally fine to very fine (19) Estimate HK$2,500-3,000

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January 18 & 19, 2014 - Hong Kong

1361 Japanese Hansatsu, a selection comprising Nara 1 mon (3), Nanto Exchange, 1 mon (6), ca 1860’s, Hamamatsu, 200 mon, 1868, Mikawa, rice 4 sho, Omi Province, 1 mon, 1847, Kawachi 1 mon, 1731, Toichi Gori Region rice notes,1 mon (6), Yamaguchi 3 mon, Tori Tsugi Hiki Kae Sho personal note for 1 mon, Tsutsumi dike labourer note for 1 mon, Hiyato Tegata 3 fun day labourer note, Himeji, note, generally fine to very fine (24) Estimate HK$3,000-3,500

1362 Japanese Hansatsu, a selection of mainly unattributed notes generally fine to very fine (33) Estimate HK$3,000-5,000

163

BANKNOTES OF HONG KONG AND MACAU

MALAYA

1364 Board of Commissioners, Malaya, 25 cents, 1 September 1940, prefix B, turquoise and multicoloured, George VI at right (Pick 3), in ICG holder 60,almost uncirculated to uncirculated Estimate HK$5,000-5,500

1363 Government issues, Japan, Hyogo Port Developement, Kobe issues, 1 fun (2), 1867, 2 fun, 1 ryo, 1867, Dajokan-Satsu, 1 shu, 1868, 1 bu (2), 1868, 1 ryo, 1868, Minboshu-Satsu 2 chu, 1869, 1 bu, 2 bu, 3 mon,7 fun and 5 rin, Kyoto Fu, 600 fun, 1868 (Pick S159,160,161,162,163,164,168,169,170 ,180), fine to very fine (13) Estimate HK$3,000-4,000

1365 Malaya and British Borneo, $10, 1 March 1961, prefix A/78, red and multicoloured, farmer and buffalo ploughing at right (Pick 9a), in ICG holder 45, extra fine Estimate HK$1,250-1,450

NETHERLANDS EAST INDIES

1366 Netherlands East Indies, 25 gulden, 1946, serial number LP 088990, red, shoreline and palm trees at left, value and date at right, reverse pale pink-red (Pick 92), fine and scarce Estimate HK$500-600

WWW.SPINK.COM

January 18 & 19, 2014 - Hong Kong

NEW ZEALAND

SARAWAK

1367 Reserve Bank of New Zealand, ÂŁ10, ND (1960-), prefix AH, green and multicoloured, Captain Cook at right, ship and arms at left, Fleming signature (Pick 161d), in ICG holder 55, almost uncirculated Estimate HK$2,000-2,200

1370 Government of Sarawak, uniface 10 cents, 1940 emergency issue, serial number B567814, emergency fractional issue uniface, red on orange and blue green underprint, arms at upper left, Charles Vyner brooke at right (Pick 25), central vertical and horizontal folds, nevertheless a desirable fine to very fine Estimate HK$800-900

NORTH KOREA 1368 North Korea Central Bank, 15 chon (100), 20 chon (100), 50 chon (100), 1 won (100), 5 won (100), 10 won (100) and 100 won (100), red, pale orange and lilac, all 1947 (Pick 5b,6b,7b,8b,9b,10,b,11a), the 100 won with watermark, uncirculated (700) Estimate HK$10,000-12,000

SEYCHELLES

PENANG

1371 Government of the Seychelles, 5 rupees, 1 August 1960, serial number A/7 85785, pink and green, Elizabeth II at right (Pick 11b), in ICG holder 63, uncirculated Estimate HK$4,500-5,000

1369 Chartered Bank of India, Australia & China, a bill of exchange for $352 - 29 cents, drawn London 11 September 1896, black & white, addressed to the Penang branch, royal arms at left, good very fine, rare Estimate HK$1,000-1,500

165

BANKNOTES OF HONG KONG AND MACAU

SINGAPORE

1376 Republic of Singapore, 50 dollars, ND (1999), serial number 2JA000001, light blue and multicolour, president Encik Yusof bin Ishak at right, , reverse multicolour, desirable serial number, (Pick 41), crisp and fresh, extremely fine to about uncirculated, Estimate HK$1,000-1,400

1372 Republic of Singapore, 50 dollars, ND (1987), serial number G/41 111111, blue on multicolour underprint, coaster vessel, reverse Benjamin Shears Bridge, city view, (Pick 22), about uncirculated to uncirculated Estimate HK$1,000-1,500 1373 Republic of Singapore, 50 dollars ND (1999), s e r i a l n u m b e r 2 J A 111111 , l i g h t b l u e a n d multicolour, president Encik Yusof bin Ishak at right, , reverse multicolour, (Pick 41), crisp, fresh and about uncirculated Estimate HK$1,000-1,400 1374 Republic of Singapore, 50 dollars, ND (1999), serial numer OBK123456, light blue and multicolour, president Encik Yusof bin Ishak at right, , reverse multicolour, unusual serial number, (Pick 41), extremely fine to about unciculated Estimate HK$1,000-1,400

1377 Republic of Singapore, 50 dollars, ND (1999), serial numbers OBK088888, OBK008888, OBK000888, OBK000088, light blue and multicolour, president Encik Yusof bin Ishak at right, , reverse multicolour, very desirable serial numbers (Pick 41), extremely fine to about uncirculated (4) Estimate HK$2,000-2,500

TIBET 1378 Government of Tibet, 100 srang (2), 1942-, red and orange, lion at left and right at centre (Pick 11), very fine (2) Estimate HK$600-700

UNITED STATES OF AMERICA 1379 United States of America, $2, 2003, Jefferson at centre, consecutive run of 100 from I 66452001 A to I 66452100 Estimate HK$2,000-2,500

1375 Republic of Singapore, 50 dollars, ND (1999), serial number 2J333333, light blue and multicolour, president Encik Yusof bin Ishak at right, , reverse multicolour, interesting serial number (Pick 41), sealed in plastic, appears to be uncirculated Estimate HK$1,200-1,500

WWW.SPINK.COM

– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –––––––––––––––––––––– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – ––

9/F Malaysian Consulate Building 50 Gloucester Road Wanchai Hong Kong Tel +852 25 300 100 Fax +852 25 266 128 china@spink.com NAME ______________________________________________________

FINE STAMPS AND COVERS OF CHINA AND HONG KONG WITH JAPAN AND KOREA

WRITTEN BIDS FORM

This form should be sent or faxed to the Spink auction office in advance of the sale.

ADDRESS ____________________________________________________ 9/F Malaysian Consulate Building References for new clients should be 50 Gloucester supplied in goodRoad time to be taken up before the sale. Bids received later than ____________________________________________________________ Wanchai one hour before the start of the sale may Hong Kong not be processed.

____________________________________________________________ Tel +852 25 300 100

FINE STAMPS AND COVERS OF CHINA AND HONG KONG WITH JAPAN AND KOREA

Fax +852 25 266 128

YOU CAN ALSO BID IN REAL TIME ON SPINK LIVE. JUST VISIT WWW.SPINK.COM, REGISTER AND

china@spink.com POSTCODE ___________________________________________________ SIGN UP FOR THE SALE. NAME ______________________________________________________

19 JANUARY 2014

HONG KONG

WRITTEN BIDS FORM

This form should be sent or faxed to the Spink auction office in advance sale.

DDRESS SA ALE TITLE ____________________________________________________ DATE CODEofNthe AME SALE NO. References for new clients should be supplied in good time toTWELE be taken up Fine Stamps and Covers of Sunday 19 January 2014 14011 Banknotes of Saturday 18 January 2014 at 5.30 p.m.

PAGODA 14010 ____________________________________________________________ before the sale. Bids received later than China and Hong Kong at 4.00 p.m. one before the start of the sale may Hong Kong and Macau Sunday 19 January 2014 athour 10 a.m. not be processed.

I request Spink, without legal obligations of any kind on its part, to bid on the following Lots up to the price given below. ____________________________________________________________ I understand that if my bid is successful the Purchase Price will be the sum of the final bid and Buyer’s premium as a percentage of the final bid. The Rate of Premium is YOU CAN ALSO BID IN REAL TIME ON SPINK LIVE. 20% of the final hammer price of each lot.

19 JANUARY 2014 JUST VISIT WWW.SPINK.COM, REGISTER AND HONG KONG POSTCODE ___________________________________________________ SIGN UP FOR THE SALE. I have read and agreed to the terms and conditions for buyers and notices about bidding and payment methods published in this catalogue. I have also seen the sale room notices published for this sale and satisfied myself as to the condition of the lots and the matters referred to in the catalogue description. I also understand that Spink provides the service of executing bids on behalf of clients for the convenience of clients and that Spink will not be held responsible for failing to execute bids. If identical commission bids are received for the same Lot, the commission bid received first by Spink will take precedence. Please note that you will not be notified if there are higher SALE TITLE DATE CODE NAME SALE NO. written bids received. Any personal information collected by Spink will be used in accordance with our Terms and Conditions for Buyers.

Fine Stamps and Covers of Sunday 19 January 2014 TWELE China and Hong Kong at 4.00 p.m.

BIDDERS PLEASE NOTE OUR EXTENSION CLAUSES IN OUR TERMS AND CONDITIONS FOR BUYERS

14011

IPLEASE request Spink, without legal obligations of any kind on its part, to bid on the following upIN to HONG the priceKONG given below.

PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDSLots ARE DOLLARS I understand that if my bid is successful the Purchase Price will be the sum of the final bid and Buyer’s premium as a percentage of the final bid. The Rate of Premium is 20% of the final hammer price of each lot.

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

I have read and agreed to the terms and conditions for buyers and notices about bidding and payment methods published in this catalogue. I have also seen the sale room notices published for this sale and satisfied myself as to the condition of the lots and the matters referred to in the catalogue description. I also understand that Spink provides the service of executing bids on behalf of clients for the convenience of clients and that Spink will not be held responsible for failing to execute bids. If identical commission bids are received for the same Lot, the commission bid received first by Spink will take precedence. Please note that you will not be notified if there are higher written bids received. Any personal information collected by Spink will be used in accordance with our Terms and Conditions for Buyers.

BIDDERS PLEASE NOTE OUR EXTENSION CLAUSES IN OUR TERMS AND CONDITIONS FOR BUYERS PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN HONG KONG DOLLARS Lot Number (in numerical order)

TEL. HOME

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

______________________________________________

TEL. OFFICE ____________________________________________

____________________________________________________

E-MAIL ________________________________________________

SIGNATURE _______________________________________________

VAT NUMBER ___________________________________________

FAX

Please indicate the type of card:

V ISA

MASTERCARD

PAYMENT MADE BY MASTERCARD OR VISA ARE SUBJECT TO A 3% SURCHARGE TEL. HOME ______________________________________________ TEL. OFFICE ____________________________________________ CARD NO:

FAX

____________________________________________________

SIGNATURE

EXPIRY DATE

SIGNATURE _______________________________________________

START DATE:

ISSUE NO:

SECURITY CODE:

E-MAIL ________________________________________________ NAME (ON CREDIT CARD)

VAT NUMBER ___________________________________________

DIRECT BANK TRANSFER Please indicate the type of card:

DIRECT BANK TRANSFER V ISA MASTERCARD ACCOUNT NAME: Spink China Limited BANK: Bank of China (Hong Kong) Limited 01287500470625 ACCOUNT NO.: BKCHHKHHXXX SWIFT CODE: ANK ADDRESS : BY Bank of China Tower, Garden Road, Central, Hong Kong BAYMENT P MADE MASTERCARD OR V1ISA ARE SUBJECT TO A 3% SURCHARGE CARD Please NO: charge all purchases to my card

START DATE:

ISSUE NO:

SECURITY CODE:

Do not charge my card. I will arrange to D send yourCARD card) should you default on the payment terms agreed) SIGNATURE EXPIRY ATE payment. (Spink will only NAMEcharge (ON CREDIT Please hold my purchased lots for collection

DIRECT BANK TRANSFER

ACCOUNT NAME: Spink China Limited

Continued ...

DIRECT BANK TRANSFER BANK: Bank of China (Hong Kong) Limited

DATE

SALE NO.

Saturday 18 January at 5.30 p.m.

Sunday 19 January2014 2014 Sunday January 2014 at 10 a.m. at 4.0019 p.m.

14010 14011

PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN HONG KONG DOLLARS Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

BIDDING INCREMENTS Bidding generally opens below the low estimate and advances in the following order although the auctioneer may vary the bidding increments during the course of the auction. The normal bidding increments are: Up to HK$1,000 HK$1,000 to HK$3,000 HK$3,000 to HK$6,000 HK$6,000 to HK$10,000

by HK$50

by HK$100

by HK$200 or HK$300

by HK$500

HK$10,000 to HK$30,000 HK$30,000 to HK$60,000 HK$60,000 to HK$200,000 HK$200,000 and up

by HK$1,000

by HK$2,000 or HK$3,000

by HK$5,000 Auctioneer’s discretion

REFERENCES REQUIRED FOR CLIENTS NOT YET KNOWN TO SPINK

I authorise Spink to request financial reference from my bank and contact the auction houses or dealers stated as my trade reference.

I agree that in order to confirm references Spink disclose my details to these third parties.

TRADE REFERENCES

BANK REFERENCES

________________________________________________________________________________________ ____________________________________________________________________________________________________

買受人條款及條件

TERMS AND CONDITIONS FOR BUYERS These conditions set out the terms on which we (Spink China Limited of 9/F., Malaysian Consulate Building, 50 Gloucester Road, Hong Kong) contract with you (Buyer) either as agent on behalf of the Seller or as principal if we are the Seller. You should read these conditions carefully.

1 DEFINITIONS The following definitions in this condition apply in these conditions.

Buyer’s Premium

means the charge payable by you as a percentage of the Hammer Price, at the rates set out in clause 5.1 below;

Certificate of Authenticity

means a certificate issued by an Expert Committee confirming the authenticity of a Lot;

Expert Committee

means a committee of experts to whom a Lot may be sent for an extension in accordance with clause 3.4.3;

Forgery

means a Lot constituting an imitation originally conceived and executed as a whole with a fraudulent intention to deceive as to authorship, origin, age, period, culture or source where the correct description as to such matters is not reflected by the description in the catalogue and which at the date of the auction had a value materially less than it would have had if it had been in accordance with the description in the catalogue. Accordingly, no Lot shall be capable of being a Forgery by reason of any damage and/or restoration work of any kind (including re-enamelling);

Hammer Price

means the amount of the highest bid accepted by the auctioneer in relation to a Lot;

Lot

means any item deposited with us for sale at auction and, in particular, the item or items described against any lot number in any catalogue;

Reserve

the amount below which we agree with the Seller that the Lot cannot be sold;

Seller

means the owner of the Lot being sold by us;

Spink Group

Spink China Limited, Spink and Son Ltd, and our associated companies.

2 SPINK CHINA’S ROLE AS AGENT 2.1 All sales undertaken by us either at auction or privately are undertaken either as agent on behalf of the Seller or from time to time, as principal if we are the owner of the Lot. Please note that even if we are acting as agent on behalf of the Seller rather than as principal, we may have a financial interest in the Lot. 2.2 The contract for the sale of the Lot will be between you and the Seller.

3 BEFORE THE SALE 3.1 Examination of goods You are strongly advised to examine personally any goods in whichyou are interested, before the auction takes place. Condition reports are usually available on request. We provide no guarantee to you other than in relation to Forgeries, as set out in clause 5.10 of these Terms and Conditions.

3.2 Catalogue descriptions 3.2.1 Statements by us in the catalogue or condition report, or made orally or in writing elsewhere, regarding the authorship, origin, date, age, size, medium, attribution, genuineness, provenance, condition or estimated selling price of any Lot are merely statements of opinion, and are not to be relied on as statements of definitive fact.

Catalogue and web illustrations are for guidance only, and should not be relied on either to determine the tone or colour of any item.

No lot shall be rejected on the grounds of inaccurate reproduction.

No lot illustrated in the catalogue and online shall be rejected on the grounds of cancellation, centring, margins, perforation or other characteristics apparent from the illustration. Catalogue illustrations are for guidance only, and should not be relied on either to determine the tone or colour of any item or to reveal imperfections.

Estimates of the selling price should not be relied on as a statement that this price is either the price at which the Lot will sell or its value for any other purpose.

3.2.2 Many items are of an age or nature which precludes their being in perfect condition and some descriptions in the catalogue or given by way of condition report make reference to damage and/or restoration. We provide this information for guidance only and the absence of such a reference does not imply that an item is free from defects or restoration nor does a reference to particular defects imply the absence of any others.

3.2.3 Other than as set out in clause 5.8, and in the absence of fraud, neither the Seller nor we, nor any of our employees or agents, are responsible for the correctness of any statement as to the authorship, origin, date, age, attribution, genuineness or provenance of any Lot nor for any other errors of description or for any faults or defects

in any Lot. Every person interested should exercise and rely on his own judgment as to such matters.

3.3 Your Responsibility You are responsible for satisfying yourself as to the condition of the goods and the matters referred to in the catalogue description.

3.4 Extensions – Stamps only 3.4.1 If you wish to obtain an expert opinion or Certificate of Authenticity on any Lot (other than a mixed lot or lot containing undescribed stamps) you must notify us in writing not less than forty-eight hours before the time fixed for the commencement of the first session of the auction. If accepted by us, such request shall have the same effect as notice of an intention to question the genuineness or description of the Lot for the purposes of clause 5.8 of these Terms and Conditions and the provisions of clause 5.8 shall apply accordingly.

3.4.2 Notice of a request for an expert opinion or Certificate of Authenticity must give the reason why such opinion is required and specify the identity of your proposed expert which will be subject to agreement by us. We reserve the right, at our discretion, to refuse a request for an expert opinion or Certificate of Authenticity including (without limitation) where the proposed expert is not known to us.

3.4.3 If we accept a request for an expert opinion or Certificate of Authenticity we will submit the Lot to the Expert Committee.

You acknowledge and accept that the length of time taken by an Expert Committee to reach an opinion will vary depending on the circumstances and in any event is beyond our control.

3.4.4 We will not accept a request for an extension on account of condition. Any Lot described in the catalogue as having faults or defects may not be returned even if an expert opinion or Certificate of Authenticity cites other faults or defects not included in the catalogue description, other than in the case of a Forgery.

3.4.5 Should Spink China Limited accept a request for an extension under the foregoing provisions of this paragraph, the fact may be stated by the Auctioneer from the rostrum prior to the sale of the Lot. 3.4.6 It should be noted that any stamp accompanied by a Certificate of Authenticity is sold on the basis of that Certificate only and not on the basis of any other description or warranty as to authenticity. No request for an extension will be accepted on such a stamp and the return of such a stamp will not be accepted.

4 AT THE SALE 4.1 Refusal of admission Our sales usually take place on our own premises or premises over which we have control for the sale, and we have the right, exercisable at our complete discretion, to refuse admission to the premises or attendance at an auction.

4.2 Registration before bidding You must complete and sign a registration form and provide identification before making a bid at auction. Please be aware that we usually require buyers to undergo a credit check.

If you have not bid successfully with Spink in the past, or you are registering with us for the first time, we reserve the right to require a deposit of up to 50% of the amount you intend to spend. Such deposit will be deducted from your invoice should you be successful. If you are unsuccessful at auction, your deposit will be returned by the same means it was paid to Spink.

Some lots may be designated, prior to the auction, as “Premium lots”, which means a deposit may be required before placing a bid on the item for sale. Information will be posted on our website in such an event.

4.3 Bidding as Principal When making a bid (whether such bids are made in person or by way of telephone bids operated by Spink, commission or online or email bids), you will be deemed to be acting as principal and will be accepting personal liability, unless it has been agreed in writing, at the time of registration, that you are acting as agent on behalf of a third party buyer acceptable to us.

4.4 Commission Bids If you give us instructions to bid on your behalf, by using the form provided in our catalogues or via our website, we shall use reasonable endeavors to do so, provided these instructions are received not later than 24 hours before the auction. If we receive commission bids on a particular Lot for identical amounts, and at auction these bids are the highest bids for the Lot, it will be sold to the person whose bid was received first.

Commission bids are undertaken subject to other commitments at the time of the sale, and the conduct of the auction may be such that we are unable to bid as requested. Since this is undertaken as a free service to prospective buyers on the terms stated, we cannot accept liability for failure to make a commission bid. You should therefore always attend personally if you wish to be certain of bidding. All commission bids should be sent to 9/F Malaysian Consulate Building, 50 Gloucester Road, Hong Kong up till 24 hours prior to the sale.

4.5 On-line Bidding We offer internet services as a convenience to our clients. We will not be responsible for errors or failures to execute bids placed on the internet, including, without limitation, errors or failures caused by (i) a loss of internet connection by either party for whatever reason; (ii) a breakdown or problems with the online bidding software and/or (iii) a breakdown or problems with your internet connection, computer or system. Execution of on-line internet bids is a free service undertaken subject to other commitments at the time of the auction and we do not accept liability for failing to execute an online internet bid or for errors or omissions in connection with this activity.

4.6 Telephone Bids If you make arrangements with us not less than 24 hours before the sale, we shall use reasonable endeavors to contact you to enable you to participate in bidding by telephone, but in no circumstances will we be liable to either the Seller or you as a result of failure to do so.

4.7 Currency Converter At some auctions, a currency converter will be operated, based on the one month forward rates of exchange quoted to us by Bank of China or any other appropriate rate determined by us, at opening on the date of the auction. Bidding will take place in a currency determined by us, which is usually Hong Kong dollars for auctions held in Hong Kong. The currency converter is not always reliable, and errors may occur beyond our control either in the accuracy of the Lot number displayed on the converter, or the foreign currency equivalent of Hong Kong dollar bids. We shall not be liable to you for any loss suffered as a result of you following the currency converter.

4.8 Video images At some auctions there will be a video screen. Mistakes may occur in its operation, and we cannot be liable to you regarding either the correspondence of the image to the Lot being sold or the quality of the image as a reproduction of the original.

4.9 Bidding Increments Bidding generally opens below the low estimate and advances in the following order although the auctioneer may vary the bidding increments during the course of the auction. The normal bidding increments are: HK$100 to HK$2,000 by HK$100 HK$2,000 to HK$3,000 by HK$200 HK$3,000 to HK$5,000 by HK$200 or HK$300 HK$5,000 to HK$10,000 by HK$500 HK$10,000 to HK$20,000 by HK$1,000 HK$20,000 to HK$30,000 by HK$2,000 HK$30,000 to HK$50,000 by HK$2,000 or HK$3,000 HK$50,000 to HK$100,000 by HK$5,000 HK$100,000 to HK$ 200,000 by HK$10,000 HK$200,000 to HK$300,000 by HK$20,000 HK$300,000 to HK$500,000 by HK$20,000 or HK$30,000 HK$500,000 and up at Auctioneer’s discretion 4.10 Bidding by the Spink Group 4.10.1 We reserve the right to bid on Lots on the Seller’s behalf up to the amount of the Reserve (if any), which will never be above the low estimate printed in the auction catalogue.

4.10.2 The Spink Group reserves the right to bid on and purchase Lots as principal.

4.11 The Auctioneer’s Discretion The auctioneer has the right at his absolute discretion to refuse any bid to advance the bidding in such manner as he may decide to withdraw or divide any Lot, to combine any two or more Lots and, in the case of error or dispute, to put an item up for bidding again.

4.12 Successful Bid Subject to the auctioneer’s discretion, the striking of his hammer marks the acceptance of the highest bid, provided always that such bid is higher than the Reserve (where applicable), and the conclusion of a contract for sale between you and the Seller.

4.13 After Sale Arrangements If you enter into any private sale agreements for any Lot with the Seller within 60 days of the auction, we, as exclusive agents of the Seller reserve the right to charge you the applicable Buyer’s Premium in accordance with these Terms and Conditions, and the seller a commission in accordance with the terms of the seller’s agreement.

4.14 Return of Lot Once your bid has been accepted for a Lot then you are liable to pay for that Lot in accordance with these Terms and Conditions. If there are any problems with a Lot then you must notify us within 7 days of receipt of the Lot, specifying the nature of the problem. We may then request that the Lot is returned to us for inspection. Save as set out in clause 5.8, the cancellation of the sale of any Lot and the refund of the corresponding purchase price is entirely at our sole discretion. We will not normally exercise that discretion if the Lot is not received by us in the same condition that it was in at the auction date.

5 AFTER THE AUCTION 5.1 Buyer’s Premium In addition to the Hammer Price, you must pay us the Buyer’s Premium at a rate of 20% of the final Hammer Price of each Lot. 5.2 Payment 5.2.1 You must provide us with your full name and permanent address and, if so requested, details of the bank from which any payments to us will be made. You must pay the full amount due on your invoice within seven days after the date of the sale. This applies even if you wish to export the Lot and an export license is (or may be) required.

5.2.2 You will not acquire title to the Lot until all amounts due to us have been paid in full. This includes instances where special arrangements were made for release of Lot prior to full settlement.

5.2.3 Payment should be made in Hong Kong Dollars by one of the following methods: (i) Direct bank transfer to our account details of which are set out on the invoice. All bank charges shall be met by you.

Please ensure that your client number is noted on the transfer.

(ii) By cheque or bank draft made payable to Spink China Limited.

Please note that the processing charges for payments made by cheques or bank drafts drawn on a non-Hong Kong bank shall be met by you. Please ensure that the remittance slip printed at the bottom of the invoice is enclosed with your payment. (iii) By Visa or Mastercard. A charge of 3% will be applied. By American Express, a charge of 4% will be applied. We are not responsible for any foreign exchange losses or charges that you may incur in connection with such card payments.

5.2.4 Payments should be made by the registered buyer and not by third parties, unless it has been agreed at the time of registration that you are acting as an agent on behalf of a third party.

5.3 Notification We are not able to notify successful bidders by telephone. While Invoices are sent out by mail after the auction we do not accept responsibility for notifying you of the result of your bid. You are requested to contact us by telephone or in person as soon as possible after the auction to obtain details of the outcome of your bids to avoid incurring charges for late payment.

5.4 Collection, Packing and Handling of Purchases 5.4.1 Unless specifically agreed to the contrary, we shall retain lots purchased until all amounts due to us, or to the Spink Group, have been paid in full. Buyers will be required to pay for their lots when they wish to take possession of the same, which must be within 7 days of the date of the sale, unless prior arrangements have been made with Spink. Lots will not be released until cleared funds are received with regard to payments made by cheque.

5.4.2 Lots may be collected from 9/F Malaysian Consulate Building, 50 Gloucester Road, Hong Kong. In the event where a cheque or bank draft payable to Spink China Limited has been presented to us, unless we specifically agree to the contrary, no Lots shall be released before the cheque or bank draft has cleared where such funds have been credited into our bank account.

5.4.3 A purchased Lot shall be at your risk in all respects from the time of collection or the expiry of seven days from the date of sale, whichever is sooner, and neither Spink China Limited nor its employees nor agents shall thereafter be liable for any loss or damage of any kind, whether caused by negligence or otherwise, while any Lot is in or under their respective custody or control.

5.4.4 If required our shipping department may arrange shipment as your agent. Although we may suggest carriers if specifically requested, our suggestions are made on the basis of our general experience of such parties in the past and we are not responsible to any person to whom we have made a recommendation for the acts or omissions of the third parties concerned.

5.4.5 We shall use all reasonable endeavors to take care when handling and packing a purchased Lot but remind you that after seven days or from the time of collection, whichever is sooner, the Lot is entirely at your risk.

5.4.6 It is the responsibility of the Buyer to be aware of any Import Duties that may be incurred upon importation to the final destination. Spink will not accept return of any package in order to avoid these duties.

The onus is also on the Buyer to be aware of any Customs import restrictions that prohibit the importation of certain collectibles.

Spink will not accept return of the Lot(s) under these circumstances.

Spink will not accept responsibility for Lot(s) seized or destroyed

by Customs.

5.4.7 If the Buyer requires delivery of the Lot to an address other than the invoice address this will be carried out at the discretion of Spink.

5.5 Remedies for non-payment or failure to collect purchases 5.5.1 If you fail to make payment within seven days of your stipulated payment date set out in your invoice, we shall be entitled to exercise one or more of the following rights or remedies: 5.5.1.1 to charge interest at the rate of 2% per month compound interest, calculated on a daily basis, from the date the full amount is due; 5.5.1.2 to set off against any amounts which the Spink Group may owe you in any other transaction the outstanding amount

remaining unpaid by you; 5.5.1.3 we may keep hold of all or some of your Lots or other property in the possession of the Spink Group until you have paid all the amounts you owe us or the Spink Group, even if the unpaid amounts do not relate to those Lots or other property. Following fourteen days’ notice to you of the amount outstanding and remaining unpaid, the Spink Group shall have the right to arrange the sale of such Lots or other property. We shall apply the proceeds in discharge of the amount outstanding to us, and pay any balance to you; 5.5.1.4 where several amounts are owed by you to the Spink Group in respect of different transactions, to apply any amount paid to discharge any amount owed in respect of any particular transaction, whether or not you so direct; 5.5.1.5 to reject at any future auction any bids made by you or on your behalf or obtain a deposit from you before accepting any bids.

5.5.2

If you fail to make payment within thirty-five days, we shall in addition be entitled:

5.5.2.1 to cancel the sale of the Lot or any other item sold to you at the same or any other auction; 5.5.2.2 to arrange a resale of the Lot, publicly or privately, and, if this results in a lower price being obtained, claim the balance from you together with all reasonable costs including a 20% seller’s commission, expenses, damages, legal fees, commissions and premiums of whatever kind associated with both sales or otherwise, incurred in connection with your failure to make payment; or 5.5.2.3 take any other appropriate action as we deem fit.

5.6 Failure to collect Where purchases are not collected within fourteen days after the sale, whether or not payment has been made, you will be required to pay a storage charge of HKD 30 per item per day plus any additional handling cost that may apply. You will not be entitled to collect the Lot until all outstanding charges are met, together with payment of all other amounts due to us.

5.7 Export License 5.7.1 You should always check whether an export licence is required before exporting.

5.7.2 Unless otherwise agreed by us in writing, the fact that you wish to apply for an export license does not affect your obligation to make payment within seven days nor our right to charge interest on late payment.

5.7.3 We will not be obliged to rescind a sale nor to refund any interest or other expenses incurred by you where payment is made by you despite the fact that an export license is required.

5.8 Refund in the case of Forgery 5.8.1 A sale will be cancelled, and the amount paid refunded to you if a Lot (other than a miscellaneous item not described in the catalogue) sold by us proves to have been a Forgery. We shall not however be obliged to refund any amounts if either (a) the catalogue description or saleroom notice at the auction date corresponded to the generally accepted opinion of scholars or experts at that time, or fairly indicated that there was a conflict of opinions, or (b) it can be demonstrated that the Lot is a Forgery only by means of either a scientific process not generally accepted for use until after publication of the catalogue or a process which at the date of the auction was unreasonably expensive or impracticable or likely to have caused damage to the Lot. Furthermore, you should note that this refund can be obtained only if the following conditions are met: 5.8.1.1 you must notify us in writing, within seven days of the auction date, that in your view the Lot concerned is a forgery; 5.8.1.2 you must then return the item to us within fourteen days, in the same condition as at the auction date; and 5.8.1.3 as soon as possible following return of the Lot, you must

produce evidence satisfactory to us that the Lot is a Forgery and that you are able to transfer good title to us, free from any third party claims.

5.8.2 In no circumstances shall we be required to pay you any more than the amount paid by you for the Lot concerned and you shall have no claim for interest.

5.8.3 The benefit of this guarantee is not capable of being transferred, and is solely for the benefit of the person to whom the original invoice was made out by us in respect of the Lot when sold and who, since the sale, has remained the owner of the Lot without disposing of any interest in it to any third party.

5.8.4 We shall be entitled to rely on any scientific or other process to establish that the Lot is not a Forgery, whether or not such process was used or in use at the date of the auction.

6 LIABILITY Nothing in these Terms and Conditions limits or excludes our liability for: 6.1 death or personal injury resulting from negligence; or 6.2 any damage or liability incurred by you as a result of our fraud or fraudulent misrepresentation.

7 COPYRIGHT 7.1 We shall have the right (on a non-exclusive basis) to photograph, video or otherwise produce an image of the Lot. All rights in such an image will belong to us, and we shall have the right to use it in whatever way we see fit.

7.2 The copyright in all images, illustrations and written material relating to a Lot is and shall remain at all times our property and we shall have the right to use it in whatever way we see fit. You shall not use or allow anyone else to use such images, illustrations or written material without our prior written consent.

8 NOTICES All notices given under these Terms and Conditions may be served personally, sent by 1st class post, or faxed to the address given to the sender by the other party. Any notice sent by post will be deemed to have been received on the second working day after posting or, if the addressee is overseas, on the fifth working day after posting. Any notice sent by fax or served personally will be deemed to be delivered on the first working day following dispatch.

9 ADDITIONAL PROVISIONS 9.1 Limitation of Liability Subject to clause 6, we shall not be liable, whether in tort (including for

negligence) or breach of statutory duty, contract, misrepresentation or otherwise for any: 9.1.1 loss of profits, loss of business, depletion of goodwill and/or similar losses, loss of anticipated savings, loss of goods, loss of contract, loss of use, loss of corruption of data or information; or 9.1.2 any special, indirect, consequential or pure economic loss, costs, damages, charges or expenses.

9.2 Severability If any part of these Terms and Condition is found by any court to be invalid, illegal or unenforceable, that part may be discounted and the rest of the conditions shall continue to be valid and enforceable to the fullest extent permitted by law.

9.3 Force majeure We shall have no liability to you if we are prevented from, or delayed in performing, our obligations under these Terms and Conditions or from carrying on our business by acts, events, omissions or accidents beyond our reasonable control, including (without limitation) strikes, lock-outs or other industrial disputes (whether involving our workforce or the workforce of any other party), failure of a utility service or transport network, act of God, war, riot, civil commotion, malicious damage, compliance with any law or governmental order, rule, regulation or direction, accident, breakdown of plant or machinery, fire, flood, storm or default of suppliers or subcontractors.

9.4 Waiver 9.4.1 A waiver of any right under these Terms and Conditions is only effective if it is in writing and it applies only to the circumstances for which it is given. No failure or delay by a party in exercising any right or remedy under these Terms and Conditions or by law shall constitute a waiver of that (or any other) right or remedy, nor preclude or restrict its further exercise. No single or partial exercise of such right or remedy shall preclude or restrict the further exercise of that (or any other) right or remedy.

9.4.2 Unless specifically provided otherwise, rights arising under these Terms and Conditions are cumulative and do not exclude rights provided by law.

9.5 Law and Jurisdiction 9.5.1 These Terms and Conditions and any dispute or claim arising out of or in connection with them or their subject matter, shall be governed by, and construed in accordance with Hong Kong laws.

9.5.2 The parties irrevocably agree that the courts of Hong Kong shall have non-exclusive jurisdiction to settle any dispute or claim that arises out of, or in connection with, Terms and Conditions or their subject matter.

© Copyright 2014

HK$250

STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES

9/F Malaysian Consulate Building, 50 Gloucester Road, Wanchai, Hong Kong Telephone +852 25 300 100 Fax +852 25 266 128 e-mail china@spink.com www.spink.com

中國，香港及東方債券，股票及錢幣 2014年01月19日假香港及于以下互聯網平台同步舉行

YOUR SPINK TEAM FOR

,

拍賣會地點

Mike Veissid mveissid@spink.com

電話：+44 (0)20 7563 4075

斯賓克中國 馬來西亞領事館大廈9樓 香港告士打道50號 電話: +852 25 300 100 傳真: +852 25 266 128

(Available until 14 January) Barbara Mears bmears@spink.com

電話：+44 (0)20 7563 4091 Anna Lee

china@spink.com

拍賣會詳情

電話：+852 25 300 100 ,

2014年1月19日(星期日)約下午1時，Lot 1501 - 1653 2014年1月19日(星期日)下午2時15分，Lot 1701 - 1909 出價競投或查詢時列明拍賣編號為14010 Pagoda

, Amy Yung china@spink.com 電話：+852 25 300 100 傳真：+852 25 266 128

預展時間

Newton Tsang china@spink.com : +852 25 300 100

香港辦事處地址: 香港告士打道50號9樓 2014年1月15日(星期三) 只限預約 2014年1月16日(星期四)上午10時至下午6時 2014年1月17日(星期五) 上午10時至下午5時

Raymond Tat china@spink.com : +852 25 300 100

從2013年9月8日起，斯賓克盛意為你介紹全新Spink Live實時競投。只需登入

Miroslava Adusei-Poku auctionteam@spink.com + 44 (0)20 7563 4020

欠 圖

我們網站便可即時觀看拍賣會實況。如需協助，請致電+852 25 300 100 或電

(2014

郵致 china@spink.com

1 14

, 顧客可憑此QR 碼查看我們網上拍賣目錄並于Spink Live進行委託競投。

Newton Tsang china@spink.com : +852 25 300 100

顧客可從iPhone, Blackberry 及Android App Store 下載QR閱讀軟體至智能 手機享用此項功能。

The Spink Environment Commitment: Paper from Sustainable Forests and Clean Ink

Angie lhlofung aihlofung@spink.com : +852 25 201 310

Spink has a long history of preserving not only collectables but our planet, too. We are proud to ensure that our policy of sustainability and conservation keeps up with Spink’s growth, helping improve the environment for new generations of collectors.

We insist that our printers source all paper used in the production of Spink catalogues from FSC and/or PEFC suppliers and use non-hazardous inks. We also ask they hold the environmental standard ISO 14001.

Spink recycle all ecological material used on our premises and we encourage you to recycle your catalogue once you have finishe d with it.

,

china@spink.com

: +852 25 300 100

: +852 25 266 128. ,

, www.spink.com

:

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

NOTICE TO BIDDERS Dear Bidder, We welcome you to our auction house. Please note the points below to assist you with the registration, bidding and payment at our auctions.

REGISTRATION FOR BIDDING: If you are registering with us for the first time or have not bid successfully in the past, we require a deposit of HK$50,000. If you intend to bid more than HK$200,000 the deposit may be higher. The deposit will be deducted from your invoice should your bid be successful. If you are unsuccessful, your deposit will be returned by the same means by which it was paid. In addition we will ask for your bank and trade references.

We encourage new clients to register for bidding at least 48 hours prior to the commencement of the sale to allow sufficient time to process the registration.

Prior to the auction, some lots may be designated as “Premium Lots”, which means a deposit may be required before placing a bid on the item for sale.

Information will be posted on our website in such an event.

Spink have the right at our own discretion to refuse admission to our premises, attendance at an auction and decline submitted bids.

BIDDING METHODS: In person You will be given a registration form that you will need to fill in providing your up to date address and contact details. Please always have your photo ID with you and, if you are bidding on behalf of a company, your business registration. ID information is collected for registration purposes only and will be kept confidential.

Submitting a bid form by email/post/fax Again please always provide your full up-to-date contact details together with the lot numbers and the amounts up to which you would like us to bid on your behalf exclusive of Buyer’s Premium/tax/postage. Should you not receive our email confirmation of your bids having been received please call our office to make sure they have been received and processed.

Submitting bids via our website To submit bids via our website www.spink.com you need to be registered and logged in. You can leave bids via this method up to 3 hours before the commencement of the sale.

Bidding live on Spink Live You must be registered and logged into our website www.spink.com. The live bidding applet can be accessed from one week prior to the sale via the Spink Live button on our homepage. You will see ‘Auction not yet started’ message that will be replaced about one hour before the commencement of the sale with the live feed. You will be able to see and hear the auctioneer live during the sale.

Telephone bidding We reserve this service for bidding on lots of value exceeding HK$10,000.

Bidding via agent Your agent has to inform us prior to the sale that he or she will be bidding on your behalf, and the usual sale registration has to take place. He or she has to provide a letter of authorisation signed by you.

Please place your bids following our usual bidding increments published in the Terms and Conditions for Buyers.

Please note that commission and telephone bids are undertaken subject to other commitments at the time of the sale, and the conduct of the auction may be such that we are unable to bid as requested. Since this is undertaken as free service we cannot accept liability for failure to make a commission bid.

Buy bids and plus one bids will not be accepted.

than a mixed lot or lot containing un-described stamps, are requested to notify Spink in writing no less than 48 hours before the commencement of the sale. Reason why such opinion is required must be stated together with the identity of an expert for Spink to consider such a request.

Extensions requested on account of condition will not be accepted for expert opinions.

PAYMENT METHODS: Payments should be made by the registered buyer and not by third parties, unless it has been agreed upon at the time of registration that you are acting as an agent on behalf of a third party.

Payments are due within seven days after the date of the sale unless it has been confirmed to you in writing since July 2013 that you are an approved credit client. If payment is not received by Day 35, the sale will be cancelled. If you are also a vendor in the sale, please note offsets are not available.

Payment may be made by one of the following methods: Direct bank transfer to the following account, quoting invoice and client number as reference. All bank charges should be met by you.

Account Name: Spink China Limited Bank: Bank of China (Hong Kong) Limited Account No.: 01287500470625 SWIFT code: BKCHHKHHXXX Bank address: Bank of China Tower, 1 Garden Road, Central, Hong Kong Credit card (VISA , Mastercard and CUP): A 3% surcharge will be applied.

American Express: A 4% surcharge will be applied. The amount will be converted into Pound Sterling and processed in Spink London office.

For all card payments there are limits to the amounts we will accept depending on the type of card being used and whether the cardholder is present or paying over the telephone. To make a payment by card please call our office at +852 25 300 100 or email china@spink.com.

Hong Kong cheque drawn on HK branch of bank: Cheques should be made payable to Spink China Limited and must have cleared before your purchases can be collected or sent to you.

Bankers draft/cashier’s cheque: If you provide suitable proof of identity and we are able to make checks that satisfy ourselves as to the genuineness of the draft or cheque then you may collect your purchases immediately.

Cash: You may pay for lots purchased by cash in the currency of the sale.

We may accept small amounts in GBP, US$ and EUR. COLLECTION OF LOTS AND SHIPPING: All lots have to be paid for in full before they can be collected or shipped. If an invoice is partly paid no lots will be released from that invoice.

It is the responsibility of the buyer to be aware of any import duties or import restrictions in the final destination. Spink will not accept return of any package in order to avoid these duties.

Please be aware that your purchased lots will be at your risk in all respects from the time of collection or the expiry of seven days from the date of sale, whichever is sooner.

If you require sending your lots to an address different from the address on the invoice, this will be carried out at the discretion of Spink.

Please make yourself aware of any Saleroom notices published on lots you are interested in bidding on.

FOR ANY FURTHER INFORMATION PLEASE CONTACT OUR AUCTION TEAM AT +852 25 300 100 or china@spink.com.

EXTENSIONS (STAMPS ONLY): Prospective buyers, who wish to obtain an expert opinion on any lot other

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January 19, 2014 - HONG KONG

Bonds, Share Certificates and Coins of China, Hong Kong and The East 9

Mike Veissid mveissid@spink.com

+44 (0)20 7563 4075 Barbara Mears bmears@spink.com

+44 (0)20 7563 4091

Sunday 19 January 2014 - lots 1501 - 1653 at around 1.00 p.m.

Sunday 19 January 2014 - lots 1701 - 1909 at 2.15 p.m.

3

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

WWW.SPINK.COM

January 19, 2014 - HONG KONG

5

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

SUNDAY 19 JANUARY 2014 Commencing at 1 p.m.

All Sales are subject to the terms and Condition for Buyers printed at the back of this catalogue Estimates The extimated selling price of each lot is printed below the lot description and does not include Buyer's Premium. bidders should bear in mind that estimates are prepared well in advance of the sale and are not definitive.

They are subject to revision.

Lot 1501

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January 19, 2014 - HONG KONG

Foreign Loans 1501 Chinese Imperial Loan Agreement for a £1 million loan dated 23rd February 1895, between Roland Finch, agent of Duncan Stewart & Co. and the Chinese Imperial Government represented by H.E. Zhang Zhidong, Hu Jiacheng (Provincial Treasurer of Nanjing) and Liu Yanyi (signed “Liou”), Chinese Head of the Imperial Maritime Customs, as well as Thomas Lowndes Bullock, the British Consul of Shanghai, signed and sealed by all parties, text entirely handwritten in both English and in Chinese, all bound together, a very fine and unique document representing the Chinese governments borrowing to finance the war with Japan.

Li Hongzhang, Zeng Guofan, and Zuo Zongtang).

He served as a member of the Grand Council and held various high posts as Governor and Viceroy.

During the 1890s Zhang made strong attempts t o m o d e r n i s e t h e a r m y a n d n a v y. H e c re a t e d t h e G u a n g d o n g N a v a l a n d M i l i t a r y O f f i c e r ’s Academy, the Hupei Military Academy and when he was serving as the governor of Nanjing, Zhang invited a group of German of officers to train the local garrison into a modern military force.

In the wake of the first Sino-Japanese War, Zhang was strongly opposed to Taiwan being ceded to Japan. The present document forms a key part to Zhang’s proposal to the Imperial Court to take out substantial loans from Britain in return for mining rights on the island.

Furthermore it was hoped that Britain would use its navy to protect the island. However, by May the Japanese had managed to take control of most of Taiwan’s strategically important West-coast and the Chinese government was forced to order all civil and military officials to leave.

Roland Finch was the representative of Duncan Stewart and Company, an engineering firm with strong links to the mining industry.

This is an important document relating to the Chinese Struggle for Modernization in general and the History of the Late Qing and Taiwan in particular.

There were two £1 million loans raised in 1895 by the Chinese Government, the first issued by the Chartered Bank of India, Australia and China Ltd. and the second by a group of German banks. Both were secured on Chinese Imperial Maritime Customs revenue but the second was also secured on Kiangsu likin (internal tax on the movement of goods) which is not mentioned in this document. We should assume then that either this loan was not drawn down or that it is in fact the loan that was issued by the Chartered Bank.

Zhang Zhidong (1837-1909) was an eminent Chinese politician during the late Qing Dynasty and a key political figure who advocated military and political reform. He became known as one of the “Four Famous Officials of the Late Qing” (together with

Estimate HK$200,000-250,000

7

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST 1502 1898 4½% Gold Loan, a group of bonds for £25 (5), £50 (5) and £100 (5), all issued by the DeutschAsiatische Bank, large format, red, orange and brown respectively, with coupons, all hole cancelled, condition varies, fine to very fine. (15) Estimate HK$1,500-2,000 1503 1898 4½% Gold Loan, a group of bonds for £50, issued by the Deutsch-Asiatische Bank, large format, orange and black, with coupons, all hole cancelled, condition varies, fine to very fine. (15) Estimate HK$1,500-2,000 1504 1898 4½% Gold Loan, a group of bonds for £100, issued by the Deutsch-Asiatische Bank, large format, brown and black, with coupons, all hole cancelled, condition varies, fine to very fine. (15) Estimate HK$1,500-2,000

1506 1899 Chinese Imperial Railway 5% Gold Loan, £100 bond, no.9640, large format, ornate border, brown with pale blue underprint, red ‘chop’ in centre, with coupons, right edge a little uneven where coupons removed but very fine and better than usual for this very large format bond.

Estimate HK$1,500-2,000

1505 1898 4½% Gold Loan, bond for £500, issued by the Hongkong and Shanghai Banking Corporation, ragged edges with some paper loss in the margins, together with bonds for £100, Hongkong bank issue and bonds for £25, £50 and £100, German issue, fine and better. (5)

1507 Chinese Imperial Railway 5% Gold Loan, 1899, bond for £100, no.09346, very large format piece with ornate border, text all in English, brown with pale blue underprint, with coupons, tiny hole in centre but about very fine.

Estimate HK$4,000-5,000

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Estimate HK$1,500-1,800

January 19, 2014 - HONG KONG

1508 1900 5% Imperial Chinese Gold Loan for the Hankow-Canton Railway, a bond for $1000, Washington 1900, no.27475, pagoda in centre, ornate border, brilliant yellow and black printing, red ‘chops’, handsigned by the Chinese Minister to the USA and by the American China Development Company, with all coupons from No.1 still attached, six very neat square hole cancels over signatures, 3 folds otherwise about extremely fine and very rare.

We sold a similar piece in our London rooms in 2013 for ÂŁ32,000 and it was then thought to be unique on the market.

We now know of another piece in a private collection and also another in an institution which has been used to illustrate a book within China. This is the 4th piece known but this differs in many ways in that all coupons are still present. This could be that the bond was repaid before any interest coupons were clipped or that despite the bond being fully signed it was not actually issued. More research needed but an obvious and classic rarity in the Chinese imperial series.

Estimate HK$180,000-220,000 9

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

1509 Canton Kowloon Railway 5% Loan, 1907, £100 bond, no.733, large format, red and black, printed by Waterlow & Sons, with coupons, very fine

1511 1911 5% Imperial Railway Loan, bond for 1000 yen, no. 004116, issued by the Yokohama Specie Bank, ornate border, Chinese dragons at top, orange and black, pale blue underprint, text in Chinese with English on the reverse, with coupons, pinholes, good very fine.

Estimate HK$2,500-3,000

Estimate HK$1,000-1,200

1510 1908 5% Gold Loan, bond for £20, countersigned by Banque de L’Indo-Chine, no.B132568, ornate border with scrollwork at top corners, vignette at top depicting walled city, printed by Waterlow & Sons, no coupons as usual, edge nick at left, near extremely fine.

1512 Chinese Republic, 1912, 8% Treasury Gold Loan, a group of 5 special bonds for £9, issued by Banque de Reports, de Fonds Publics & de Dépôts, in Brussels, ornate border, grey and black, generally very fine or thereabouts. (5) This forms part of the First Year Internal Loan whereby bonds were authorised to be issued in sterling at £9 per 100 yuan.

Estimate HK$800-1,000

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Estimate HK$3,000-4,000

January 19, 2014 - HONG KONG

1515 1913 5% Reorganisation Gold Loan, a provisional certificate for one bond of 189.40 roubles, St.Petersburg 1913, no.004902, ornate border, yellow and black, text in French and Russian, very fine and scarce.

1513 1912 5% Gold ‘Crisp’ Laon, £500 bond no.733, large format piece with ornate border, brown with blue underprint, with coupons, split at centre fold, small tear bottom edge, fine to very fine

Estimate HK$1,500-1,800

Estimate HK$3,000-4,000

1516 1913 5% Reorganisation Gold Loan, a group of 10 bonds for £20, Russian issue, ‘Mercury’ at top, views at either side, brown and black, printed by Waterlow & Sons, with coupons, generally very fine or better. (10)

1514 1912 5% Gold ‘Crisp’ Laon, £1000 bond no.456, large format piece with ornate border, red with yellow underprint, with coupons, creased at right, annotation in top margin, fine to very fine.

Estimate HK$8,000-10,000

Estimate HK$10,000-12,000 11

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

1517 Chinese Central Government, 1913 6% ‘Austrian’ Loan, £1000 bond, no.075, of 300 issued, large format piece, green and black, red ‘chop’ in centre, with coupons, a little grafitti in top margin, fine and rare Estimate HK$20,000-25,000

1519 1914, 6% Shanghai-Fengching Railway Mortgage redemption Loan, unissued bond for £1,000, one of 20 pieces found in a branch of the Hongkong and Shanghai Banking Corporation, large format, green and black, yellow underprint, red ‘chop’ at bottom, with all coupons, extremely fine and rare Estimate HK$15,000-18,000

1518 Province of Petchili, 5½% Gold Loan, 1913, bond for £20, no.15909, very large format piece with Chinese shipping on river, ornate borders, text in English and French, with coupons, centre fold otherwise about extremely fine.

1520 1918, 8% ‘Marconi’ Treasury Bill, bond for £100, no.000873, ornate border, red and black with yellow underprint, fairly light creasing, very fine and especially good condition for this issue.

Estimate HK$60,000-70,000

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Estimate HK$800-1,000

January 19, 2014 - HONG KONG

1521 1918, 8% ‘Marconi’ Treasury Bill, bond for £500, no.001796, ornate border, red and black with yellow underprint, edge tears at right, heavy creasing, fine.

Estimate HK$1,200-1,500 1524 1925 8% ‘Skoda’ Loan, bond for £1000, no.26685, ornate border, red and black, ‘chop’ in centre, with coupons, about extremely fine.

1522 1925 8% ‘Skoda’ Loan, a group of bonds for £5, £10, £50 and £100, ornate borders, brown, mauve, green and brown respectively, red ‘chops’ in centre, with coupons, very fine to extremely fine. (4)

Estimate HK$2,500-3,000

Estimate HK$1,500-2,000

1525 1934 6% Sterling Indemnity (Boxer) Loan, bond for £50, no.0132, ornate border with vignette of Sun Yat Sen at top, blue, brown and black with green underprint, with coupons, spike hole at top left, good very fine.

1523 1925 8% ‘Skoda’ Loan, bond for £500, no.20966, ornate border, orange and black, ‘chop’ in centre, with coupons, extremely fine.

Estimate HK$2,000-2,500

Estimate HK$1,000-1,500 13

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST 1526 1934 6% Sterling Indemnity (Boxer) Loan, bond for £50, no.0131, ornate border with vignette of Sun Yat Sen at top, blue, brown and black with green underprint, with coupons, spike hole at top left, good very fine.

Estimate HK$1,000-1,500 1527 1934 6% Sterling Indemnity (Boxer) Loan, bond for £50, no.0129, ornate border with vignette of Sun Yat Sen at top, blue, brown and black with green underprint, with coupons, spike hole at top left, good very fine.

Estimate HK$1,000-1,500

1529 1937 Secured Sinking Fund Bond (Pacific Development Loan), a specimen bond for US$500, from the ABNCo. archive, pagoda at top, pink and black, with coupons, split at fold at top left but about extremely fine and very rare in both specimen and issued form Estimate HK$15,000-18,000

1528 Shanghai Hangchow Ningpo Railway Completion Loan, 1936, bond for £100, no.001083, large format piece with Sun Yat Sen top right, ornate border, brown, green and blue, with coupons; together with A Tientsin Pukow Railway funding certificate of 1938 for £12, and several fractional certificates for both the Tientsin Pukow Railway and the Canton-Kowloon Railway (6), generally very fine. (8)

1530 1937 Secured Sinking Fund Bond (Pacific Development Loan), a specimen bond for US$1000, from the ABNCo. archive, pagoda at top, blue and black, with coupons (K.952), brittle at folds with some separation, very fine and rare in specimen form.

Estimate HK$1,000-1,200

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Estimate HK$10,000-12,000

January 19, 2014 - HONG KONG

Internal Loans

1534 1916, 6% Internal Loan, a bond for 5 yuan, divided into 5 identically numbered bonds for $1, no.751619, dated 1919, ornate border, brown and green, text in Chinese with full English translation on the reverse, with coupons, very fine.

1531 1914 3rd Year 6% National Loan, bond for 10 dollars, no.220251, ornate border, brown and red with pale blue underprint, text in Chinese with English on the reverse, with 2 coupons remaining, some foxing, about very fine and rare.

Estimate HK$1,000-1,200 Estimate HK$2,500-3,000 1535 1917 8% Military Loan, pair of bonds for 100 and 1000 yuan, together with Kwangtung, 1938 4% Military Loan, bonds for 5, 10, 50 and 100 yuan, and Canton Hankow Railway, 1930 Loan, bonds for 4, 40 and 100 yuan, all with coupons, various colours, generally very fine. (9) Estimate HK$1,000-1,200

1532 1915 Chung Hwa Revolutionary Party, Fund Raising Bonds, 3rd series, 10 yuan, no.50109, with facsimile sigature of Sun Wen (Sun Yat sen), orange and black, only partly issued, text all in Chinese, almost extremely fine.

Estimate HK$6,000-8,000 1533 1915 Chinese Government Internal Loan, a group of receipts for $5 issued by the National Treasury in Kwangtung, exchangeable for the definitive bond at the time of issue, small format, brown and black, text all in Chinese, very fine (4)

1536 1920 Short Term Treasury Bill, 1 yuan, 26 March 1920, no.0000031, redeemable in 12 months, ornate borders, orange and black, pale blue underprint, red ‘chop’ in centre, very fine.

Estimate HK$3,000-4,000

Estimate HK$1,000-1,200 15

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

1537 1920 Short Term Treasury Bills, 10 yuan, 26 March 1920, no.0000386, redeemable in 12 months, ornate borders, green and black, red ‘chop’ in centre, very fine but light stain in bottom margin.

1540 1920 Short Term Treasury Bills, 100 yuan, 26 December 1920, no.000189, redeemable in 6 months, ornate borders, blue and black, red ‘chop’ in centre, very fine.

Estimate HK$1,000-1,200

Estimate HK$1,000-1,200

1538 1920 Short Term Treasury Bills, 10 yuan, 26 May 1920, no.0000605, redeemable in 12 months, ornate borders, red and black, red ‘chop’ in centre, very fine.

Estimate HK$1,000-1,200

1541 Short Term Discounted Treasury Bill, $10000, 1921, redeemable in 12 months, number 0000088, ornate border, red brown and black, red ‘chop’ in centre, good very fine.

Estimate HK$6,000-8,000 1542 1926 Second Nationalist Government Lottery Loan, a group of 84 certificates for 5 yuan, small format, ornate border, mauve, text in chinese with English translation on the reverse, some rusty paperclip marks on most, very fine. (84) Estimate HK$2,500-3,000

1539 1920 Short Term Treasury Bills, 10 yuan, 26 April 1920, no.0001845, redeemable in 12 months, ornate borders, brown and black, pale blue underprint, red ‘chop’ in centre, very fine.

1543 1926 Second Nationalist Government Lottery Loan, a group of 84 certificates for 5 yuan, small format, ornate border, mauve, text in chinese with English translation on the reverse, some rusty paperclip marks on most, very fine. (84)

Estimate HK$1,000-1,200

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Estimate HK$2,500-3,000

January 19, 2014 - HONG KONG 1546 1936 United Nationalist Loan, a group of bonds comprising 1st issue, 100 yuan, 2nd series, 10 yuan, 100 yuan and 1000 yuan, 3rd series, 100 yuan and 4th series, 100 yuan and 1000 yuan, all with vignette of Sun Yat Sen, with coupons, very fine to extremely fine. (7) Estimate HK$2,000-2,500

1544 1936 United Nationalist Loan, a group of seven bonds comprising 1st issue, 100 yuan, 2nd issue, 10, 100 and 1000 yuan, 3rd issue, 100 yuan and 4th issue, 100 yuan and 1000 yuan, all with vignette of Sun Yat Sen at right, various colours and styles, all with coupons, the second from last with damaged top left coner otherwise very fine to extremely fine. (7) Estimate HK$1,500-2,000

1547 1937 4% Liberty loan, bond for $1000, no.001047, ornate border, green and black, yellow underprint, text in Chinese with English on the reverse, with coupons, tiny nick at top margin, about extremely fine.

Estimate HK$10,000-12,000 1548 1937 4% Liberty loan, bond for $1000, no.23980, ornate border, green and black, yellow underprint, text in chinese with English on the reverse, with coupons, small tear at top margin, good very fine.

Estimate HK$10,000-12,000 1545 1936 United Nationalist Loan, a group of 3 bonds, 1st series, 1000 yuan, 4th series, 1000 yuan and 5th series, 100 yuan, all with head of Sun Yat sen at top right, various colours, text all in Chinese, with coupons, extremely fine (3)

1549 1937 4% Liberty loan, bond for $1000, no.25857, ornate border, green and black, yellow underprint, text in chinese with English on the reverse, with coupons, about extremely fine.

Estimate HK$10,000-12,000

Estimate HK$600-800 17

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

1550 1940, 29th Year Military Loan, bonds for 50 yuan and 100 yuan, small format, ornate borders comprising tank and shells, aircraft at either side, text all in Chinese, blue and red respectively, with coupons, extremely fine. (2) Estimate HK$800-1,000

1553 1942 Allied Victory Loan, a specimen bond for 10,000 yuan, numbered 000000, small format, aircraft at top, buildings at bottom, blue and red, red chop in centre, with all coupons, near extremely fine.

Estimate HK$1,000-1,500

1551 1941 Nationalist Government Air Force Salvation Loan, a part set of bonds for US$5, US$10 and US$50, central vignette of monoplane, ornate borders, brown, blue and green respectively, the $50 larger size with two edge nicks just in the margins, the first with nibbled edges, very fine and better. (3) Estimate HK$1,500-1,800

1552 1941 30th Year Army Supply Loan, bond for 100 yuan, no.004285, attractive piece with tanks, howitzer and anti-aircraft guns at bottom, aircraft at top, brown, black and red with yellow underprint, with coupons, a little creased, very fine.

1554 1942 Allied Victory U.S. Dollar Loan, a group of 9 bonds for $100, small format bonds with vignettes of steamship at left and steam train at right, mauve and black, yellow underprint, with coupons, very fine and better. (9)

Estimate HK$600-800

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Estimate HK$2,000-3,000

January 19, 2014 - HONG KONG 1557 A small group of Internal Loans (10), comprising Kwangtung Province, 1938 4% Military Loan, bonds for 5 yuan (2) and 10 yuan (2), vignettes of warships and onshore battery at left, aerial dogfight at right, blue and brown respectively, together with Canton Hankow Railway, 1930 loan, 2 sets of bonds for 4, 40 and 100 yuan, Sun Yat Sen in centre flanked by Nationalist flags, all with coupons, very fine to extremely fine. (10) Estimate HK$2,000-2,500 x 1558 Republic of China, Grain Certificates, a pair of certificates for 50 caty each, 1934, very small format, red and black, some chipping at edges, very fine. (2) Estimate HK$1,500-2,000 1555 1947 36th Year U.S.Gold Loan, a pair of bonds of the first issue, $500, no.001235 and $1000, no.000136, Chang Kai Chek at top right, ornate borders, green and red-brown respectively, with coupons, good very fine and scarce. (2) Estimate HK$1,200-1,500

1556 A group of Internal loans including 29th Year Reconstruction Gold Loan, bond for US$5; Kwangtung, Public Lottery Loan for Development of Local Industries, 1912, $5 and $10; Allied Victory U.S.Dollar Loan, bonds for $20 and $50; 1938 Kwangtung National Defence Loan, bonds for 10 yuan and 100 yuan, and, others (29) including various lottery bonds, refunding notes, and small size provincial issues, fine to very fine, some better. (36) Estimate HK$1,200-1,500 19

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

Provincial Loans

1559 Chekiang Province, 1936 6% Reconstruction Loan, 2nd issue, bond for 100 yuan, no.009395, vignettes of agriculture, steam train and bridge over the Chien Tang, mauve, blue and red, with coupons, extremely fine.

1561 Chihli Province, 6th Loan, 1926, a bond for $10, no.

17967, ornate borders, blue and black, green underprint, text all in Chinese with English on the reverse, with coupons, split at centre fold, about very fine Estimate HK$1,000-1,200

Estimate HK$800-1,000

1560 Chihli Province, 1926 4th and 5th loans, bonds for 5 yuan, 4th loan, and 10 yuan, 5th loan, ornate borders, text all in Chinese, greenish black printing with pale green underprint and black with yellow underprint, both very fine. (2)

1562 Chihli Province 8% Short Term Rehabilitation Loan, 1926, a group of 3 bonds for 10 dollars, numbers 37274,37276 and 37287, ornate border, brown with yellow underprint, red ‘chop’ in centre, text in Chinese with English on the reverse, with coupons, all about extremely fine. (3)

Estimate HK$1,500-2,000

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Estimate HK$2,500-3,000

January 19, 2014 - HONG KONG

1565 Fukien Province Local loan, 6%, 1935 10 yuan, no.A000301, ornate border, brown and black, pale blue underprint, text all in Chinese, adhesive label at top, with coupons (separated), extremely fine.

1563 Chihli Province, 1926, 8% Long Term Rehabilitation Loan, bond for 10 dollars, no.6693, ornate border, red with pale blue underprint, red ‘ chop’ in centre, text in Chinese with English on the reverse, with coupons, good very fine.

Estimate HK$800-1,000 Estimate HK$800-1,000 1566 Hankow Lottery, a full sheet of 10 lottery tickets, each for 1 tenth interest in the drawing to take place in Hankow in 1911, classic Chinese building at top, dragons at either side, blue and red printing with text in both chinese and English, very fine and rare.

Estimate HK$2,000-3,000

1564 Fukien Province, Military Loan, bond for 10 yuan, 1912, small format, green and red, text in Chinese but with English title only; together with Treasury bond for 100 yuan, 1920, unissued, small format, green and red, with coupons, the last with edge tears and some pieces missing, the first good very fine, both scarce. (2)

1567 Hunan Military Government, 4% 15-year bond for $5, 1912, no.891, Chinese building at bottom, ornate border, green and black, printed in Tokyo, heavy centre fold, fine to very fine.

Estimate HK$2,500-3,000

Estimate HK$800-1,000 21

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST 1571 Kwangtung Government 8% Local loan, 1918, pair of bonds for $5, no.30136 and $10, no.12426, ornate borders, brown with pale blue underprint and blue with pink underprint, text all in chinese with English translation on the reverse, the first with slight foxing, about very fine and good very fine. (2) Estimate HK$1,800-2,200

1568 Hupeh province, 23rd year (1934) 6% Reconstruction Loan, bond for 5 yuan, no.017823, Sun Yat sen at top centre with flags at either side, ornate borders, brown, blue and red with green underprint, with coupons, good very fine.

Estimate HK$1,000-1,200 1569 Kwangtung Military Government, loan reciepts for HK$10, interest rate 50% over two years, 1912, ornate border, text all in Chinese, black, very fine to extremely fine. (3)

1572 Kwang Tung Province 8% Reorganisation Loan, 1921, bond for 10 dollars, no.62511, ornate border, red, yellow underprint, text in Chinese with English on the reverse, with coupons, folds, about very fine.

Estimate HK$1,200-1,500

Estimate HK$3,000-4,000

x 1570 Kwangtung Government 8% Local loan, 1918, pair of bonds for $5, no.3879 and $10, no.12427, ornate borders, brown with pale blue underprint and blue with pink underprint, text all in chinese with English translation on the reverse, the first with some foxing, about very fine and good very fine. (2)

1573 Kwangtung Province, 1938 4% military Loan, bond for 50 yuan, no.15689, vignettes of warships and onshore battery at left, aerial dogfight at right, red and black, yellow underprint, with full coupon sheet, about extremely fine, scarce denomination.

Estimate HK$1,800-2,200

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Estimate HK$800-1,000

January 19, 2014 - HONG KONG

1574 Province of Shansi, 1927 6% Rehabilitation Loan, bond for 5 yuan, no.88876, ornate border, grey-green with pink underprint, red ‘chop’ in centre, with coupons, small tear at top edge, very fine.

1576 Shanghai Municipal Council, 6% Loan of 1926, debenture for 1000 taels, no.B11383, large format piece with Shangahi Council buildings in centre, ornate border, red and black, printed by Waterlow & Sons, good very fine.

Estimate HK$800-1,000 Estimate HK$1,200-1,800

Municipal Loans

1577 Shanghai Municipal Council, 5% Loan of 1937, debenture for $100, no.A01951, large format piece with Shangahi Council buildings in centre, ornate border, yellow and black, printed by Waterlow & Sons, good very fine.

1575 Shanghai Municipal Council, 6% Loan of 1926, debenture for 100 taels, no.D20382, large format piece with Shangahi Council buildings in centre, ornate border, yellow and black, printed by Waterlow & Sons, good very fine.

Estimate HK$1,000-1,500

Estimate HK$1,000-1,500 23

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

Railways

1578 Canton Hankow Railway Co. (Kwong-Tung YuehHan), certificate for 5 yuan shares, 1914, very attractive piece with vignette of large station building in centre flanked by vignettes of steam engine & tender and passenger carriages, a detailed map of the railway below, blue, red and yellow, text all in Chinese but if you look closely the company name is in English on the locomotives’ tender, with counterfoil and original envelope, very fine and scarce.

x 1580 Canton Hankow Railway, 1930 Loan, a group of bonds for 4 yuan, Sun Yat Sen in centre, flags at either side, mauve, black and green, with coupons, very fine to extremely fine. (17)

Estimate HK$8,000-10,000 Estimate HK$1,000-1,500

1579 Canton Hankow Railway Co. (Kwong-Tung YuehHan), certificate for 5 yuan shares, 1918, very attractive piece with vignette of large station building in centre flanked by vignettes of steam engine & tender and passenger carriages, a detailed map of the railway below, blue, red and yellow, text all in Chinese but if you look closely the company name is in English on the locomotives’ tender, with counterfoil and original envelope, very fine and scarce.

1581 Tientsin Pukow Railway, 1% per mensum Workers Loan, bond for 5 yuan, 1927, no.005351, ornate border, oliver-green and black, red ‘chop’ in centre, with coupons, split at fold but good very fine.

Estimate HK$8,000-10,000

Estimate HK$800-1,200

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January 19, 2014 - HONG KONG

Commercial and Industrial

1582 Tientsin-Pukow Railway Co., 1% Per Mensum Workers Loan, 1927 , bond for 50 Yuan, no.003497, ornate border, mauve and black, red ‘chop’ in centre, with coupons, light splitting on fold between bond and coupons otherwise about extremely fine.

1584 Asia Manufacturing and Construction Co. Ltd., a specimen preferred stock certificate for $100 US gold shares, circa 1930, allegorical figure at top, blue and black, printed by American Bank Note Co., overprinted ‘specimen’ in red, with counterfoil, extremely fine

Estimate HK$600-800

Estimate HK$1,500-1,800

1585 Canton Da Sheng Faeces Clearing Company, share certificate, 1935, large format piece with ornate borders, floral designs at top corners, brown and black, text all in Chinese, adhesive revenue stamps, red ‘chops’, very fine and an extremely unusual subject.

1583 Yunnan Szechuan Railway Company, 1 share of 5 taels, 1911 vignette of steam train at bottom, ornate border with dragons at top, green and red with yellow underprint, very fine and scarce.

Estimate HK$3,000-4,000

Estimate HK$3,000-4,000 25

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST 1586 Central Savings Society, a lottery bond for 500 yuan, 1941, brown, pink underprint; together with International Savings Society, bond for $2000, 1932, green, and a series of 19 Post Office savings bonds, 1940 - 1942, all different small format pieces, various colours, generally vry fne. (21) Estimate HK$1,200-1,500 1587 China Square Inch Land Co., document of land ownership, unissued but numbered, circa 1970, large format with small map of Hong Kong and China showing the company’s property at the most north Eastern edge of the New Territories, good very fine.

Estimate HK$600-800

1589 Concession Belge de Tientsin S.A., 500 franc share, Brussels 1912, no.1201, ornate border, orange brown, with coupons, several endorsements on face, uneven left edge with small tear otherwise about extremely fine.

Estimate HK$800-1,000

1588 Commercial Bank Corporation of India & The East, ÂŁ25 share, 1864, no.8280, black printing on attractive watermarked paper, printed by Batho & Co., extremely fine Estimate HK$1,500-2,000

1590 En Kai Tai Motor Company, $1 shares, 1928, ornate border, green and black, yellow underprint, text all in Chinese, heavy centre fold, some surface rubbing, fine to very fine Estimate HK$2,000-3,000

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January 19, 2014 - HONG KONG

1593 Han Chen Water & Electricity Co. Ltd., 1 share of $10, 1928, no.A002063, very attractive piece with vignttes of generating stations, water tower, water tap, electricity pylons, grey-green, pale blue underprint, text all in Chinese, adhesive revenue stamps, good very fine.

1591 Fook Man Investment Co. Ltd., $100 shares, 1923, large format piece, ornate border, red and black, red seal, text in Chinese, Company seal with English name, adhesive revenue stamps, very fine.

Estimate HK$3,000-4,000

Estimate HK$2,500-3,500

1594 Han Chen Water & Electricity Co. Ltd. 5 shares of $10, 1930, no.B000634, very attractive piece with vignettes of generating stations, water tower, water tap, electricity pylons, orange with pale blue underprint, text all in Chinese, adhesive revenue stamps, heavy vertical centre fold, very fine.

1592 General Printing Ink, Paint & Varnish Co., 100 yuan shares, 1934, ornate border, brown and black, adhesive revenue stamps at top, very fine Estimate HK$2,500-3,000

Estimate HK$2,000-3,000 27

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

1595 Hin Tung Niu Pu Motor Road Co. Ltd. (Kaiping), $10 share, 1934, ornate border, red, blue and black, text all in Chinese, together with Tai Ti Motor Road Co. Ltd. (Taishan), 75 gold yuan shares, 1949, ornate border, blue and black, text all in Chinese, fine to very fine and scarce. (2)

x 1597 Hongkong Development Building & Savings Society Ltd., $10 shares, 192[4], no.01080, allegorical figure at top, ornate border, dark green, gold seal, many wormholes to the bottom right, fine and scarce Estimate HK$3,000-4,000

Estimate HK$1,200-1,500

1596 Hongkong & Shanghai Hotels Ltd., $7.50 shares, 19[69], capital $11,250,000, arms in the centre, ornate border, green, printed by Thomas de la Rue & Co., all stamped cancelled, extremely fine. (12)

1598 Hongkong Engineering & Construction Co. Ltd., a group of 10 certificates for $2 shares, comprising part paid 1931 issues (5) and fully paid 1938 issues (5), all with ornate border, red and black respectively, stamped cancelled, good very fine to extremely fine. (10)

Estimate HK$1,200-1,500

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Estimate HK$1,500-2,000

January 19, 2014 - HONG KONG

1601 Kam Tong Restaurant Ltd., Hong Kong, 100 yuan shares, 1940, vignette of 3 storey building at top, ornate border, green, red seal, red ‘chops’, text all in Chinese apart from the company name, rust mark at top edge from paper clip, very fine.

1599 Imperial Hotel, a specimen certificate for 10 shares of $10, 1967, ornate border, brown and black, gold monogram at top left, numbered 0000, text in English and Chinese, extremely fine.

Estimate HK$3,000-3,500

Estimate HK$800-1,000

1602 Kiang Nan Cement Co. Ltd., 8% loan, 1937, bond for $1000, no.0245, ornate border, ‘wheel’ logo in top corners with company name in English, brown, gold and red, text all in Chinese except in logo and seal, no coupons remaining, perforated cancelled, tip of top left corner missing, about very fine.

Estimate HK$1,000-1,200

1600 Jee Yee Pier Warehouse Co. Ltd., Shanghai, 100 yuan shares, 1924, ornate border, green and black with yellow underprint, text all in Chinese, adhesive revenue stamp at top, small split at folds, good very fine.

1603 Ku Hwa Fur Co., share subscription receipt for 10 dollars, 1911, payable over 3 years, ornate piece with dragons at top, text all in Chinese, red, black and yellow, heavy folds and dirty surface, fine.

Estimate HK$1,200-1,500

Estimate HK$1,000-1,500 29

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

1604 Kuang Fo Motor Road, 5th Section, Construction Loan, a pair of bonds for 1 yuan, undated but circa 1935, small format pieces, 3 cities linked by motor roads in centre, green with yellow-orange underprint, good very fine. (2)

1606 Kwong Shing Cheong Sandalwood Association Ltd., Hong Kong, $100 shares, 19[28], no.234, ornate border, mauve and black, capital increase overprinted in red, English on one side with Chinese on the other, very minor toning, very fine.

Estimate HK$1,000-1,500

Estimate HK$2,000-3,000

1605 Kuang He Yuan, $50 shares, 1929, ornate border, green and black, yellow underprint, text all in Chinese, cancelled, counterfoil reglued at right, fine to very fine.

1607 Leun On Fire & Marine Insurance Co. Ltd., 12.5 dollar shares, 1955, ornate border, name in English and Chinese but the rest of the text all in Chinese, green and black, pink underprint, minor stains at rigt edge, fine to very fine.

Estimate HK$800-1,000

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Estimate HK$1,200-1,500

January 19, 2014 - HONG KONG 1610 Mei Tai Chemical Co. Ltd., a group of 3 certificates for 1 share, no.1586, 10 shares, no.7549 and 50 shares, no.11915 of 25 yuan, 1943, ornate borders, brown, green and red respectively, text all in Chinese with company name in English in the embossed seal, adhesive revenue stamps, very fine and better. (3) Estimate HK$1,500-2,000 1611 Mei Tai Chemical Co. Ltd., 2 certificates for 5000 yuan shares, 1947, no’s 469 and 929, ornate border, brown and black, text all in Chinese, together with a receipt for shares in the Kiang Nan Cement Co. Ltd., 1948, fine but scarce. (3) Estimate HK$800-1,000

1608 Lun Tai Mutual Fire and Marine Insurance Co. Ltd., $25 shares, 1916, ornate border, green and black, Chinese text on one side with English on the other, very fine.

1612 Mei Ya Weaving Mill Co. Ltd., 500,000 shares of 10 yuan, 1948, no.01469, very ornate border with several robed females either seated or standing, green, red and black, text all in Chinese, good very fine.

Estimate HK$1,500-1,800

Estimate HK$800-1,000 1613 New China Textile Co. Ltd., a group of 5 certificates for 500 shares and 5000 shares, 1947, ornate borders incorporating bobbins, green and red respectively, together with certificates for 5000, 10,000 and 50,000 shares, 1947, ornate borders of different design, brown, green and red respectively, all cancelled, generally very fine or thereabouts. (5), Estimate HK$800-1,000

1609 Mei Feng Bank of Szechuan, 100 shares of 100 yuan, 1943, no.01604, underprint of bank building, ornate border, brown and black, with yellow underprint, with coupons, text all in Chinese but Company name in English below chinese title, very fine.

Estimate HK$800-1,000 31

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

1614 North China Regional Development Co. Ltd., 4.2% Loan, Showa 15 (1940), bond for 1000 yen, building at left, ornate border, blue and black, with coupons, extremely fine.

Estimate HK$800-1,000

1617 Peking Water Supply Co. Ltd., an unissued certificate for $10 shares, circa 1908, black, text all in Chinese, red ‘chops’ in centre, still attached to counterfoil, ink cancelled, very fine to extremely fine.

Estimate HK$1,200-1,500 1618 Shanghai Chinese Electric Co. Ltd., 10,000 shares of 10 yuan, 1947, no.214419, ornate border, green and black, text all in Chinese, extremely fine.

Estimate HK$600-800

1615 Pekin Syndicate Limited, bearer warrant for 5 shansi shares of £1 each, 19(10), no.B17238, large format piece with vignette in centre of railway and city view, ornate border, green and black on yellow paper, text in English and French, with coupons, small ink mark in right margin, very fine.

Estimate HK$1,000-1,200 1616 Pekin Syndicate Limited, bearer warrant for 5 shansi shares of £1 each, (1911), no.B23181, large format piece with vignette in centre of railway and city view, ornate border, green and black on yellow paper, text in English and French, with coupons, about very fine.

Estimate HK$1,000-1,200

1619 Shanghai Fire & Marine Insurance Co. Ltd., $25 shares, 19[23], no.609, text in English on one side with Chinese on the other, green, brown and black, paper a little toned, split at folds, about very fine.

Estimate HK$1,500-2,000

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January 19, 2014 - HONG KONG 1623 Sino French Drugstore Co. Ltd., 50000 shares of 10 yuan, 1947, no.4194, ornate border, orange and black, red seal, adhesive revenue stamps on the reverse, about extremely fine.

Estimate HK$600-800

1620 Shanghai Land Investment Co. Ltd., 5 tael shares, overprinted 5 Hongkong dollars, 19[31], no.767, lovely vignette of Chinese workman atop ladders working on the roof of a building, brown, stamped cancelled, very fine.

Estimate HK$800-1,000 1624 Société Anonyme Minière des Aïmaks de Touchetoukhan et de Tsetsekhan en Mongolie, 50 rouble share, St.Petersburg 1911, ornate border, orange and black, text in Russian, French and Chinese, with coupons, about extremely fine.

1621 Shanghai Telephone Co. (Federal inc. U.S.A.), certificate for 3½% cumulative participating preferred stock of $10, 19[47], no.AP00077, ornate border, yellow and black, printed by Kelly & Walsh, good very fine.

Estimate HK$1,500-1,800

Estimate HK$800-1,000

1625 South Manchuria Sugar Manufacturing Co. Ltd., 10 shares of 50 yen, 1916, no.01484, ornate border, logo at top, brown and black, text in Chinese/Japanese and English, extremely fine.

1622 Sing Ya Properties Co. Ltd., 10 yuan shares, 1944, no.105471, globe with ring of stars at top, ornate border, brown and black, good very fine.

Estimate HK$800-1,000

Estimate HK$800-1,000 33

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST 1629 Taiwan Iron Manufacturing Corporation, unissued certificate for 1000 shares of 10 yuan, 1974, ornate border, green and red with pink underprint, with counterfoil extremely fine Estimate HK$800-1,000

1626 Sun Sun Co. Ltd., Shanghai, certificate for 100 shares of $10 yuan, 1944, ornate border, underprint of the large department store in centre, red and black with yellow underprint, with coupons, very fine.

Estimate HK$1,000-1,200 1630 Tientsin Land Investment Co. Ltd., general mortgage loan of 1929, 100 tael debenture, no.A0185, vignette of shrine, ornate border, green and black, yellow underprint, printed by Waterlow & Sons, with coupons, about extremely fine Estimate HK$1,200-1,500 1631 Tung Fung Printing Co. Ltd., provisional certificate for 10,000 shares of 10 yuan, 1947, no.01832, ornate border, blue, red and black, adhesive revenue stamp, cancelled, very fine.

Estimate HK$600-800

x 1627 Sunlung Control Sluice Company, 5 yuan shares, 1929, very attractive piece with photographic vignette of the opening of the sluice with hundreds of onlookers, black, green and yellow, heavy folds and some surface dirt, fine and rare Estimate HK$4,000-5,000 1628 Taiwan Electric Company, certificates for 5, 10 and 50 shares, 1920, vignette of river scene at bottom ornate borders, green, brown and mauve respectively, together with certificates for 1 and 100 shares, 1937, ornate borders, orange and blue respectively, the 4th with rusty paperclip stain, otherwise very fine and better.(5)

1632 Tung Wei Enterprise Co., 10 shares of $100, 1917, ornate, almost Moorish, border design, mauve and black, yellow underprint, text all in Chinese, filing holes in right margin, very fine.

Estimate HK$2,000-2,500

Estimate HK$800-1,000

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January 19, 2014 - HONG KONG 1636 Yi Chang Rubber Co. Ltd., 50,000 shares of 100 renminbi, 1953, no.000332, ornate border, red and black with yellow underprint, red seal, filing holes at left, good very fine Estimate HK$800-1,000

1633 Union Real Estate Co. Ltd., certificate for 500 shares of $10, 1945, no.005024, ornate borders with dragons at either side, blue and black with red seal, rusty pinhole at top, almost extremely fine.

Estimate HK$800-1,000

1637 You Lee Company, $100 preference shares, 1932, ornate border, red-brown with pale green underprint, text all in Chinese, very fine.

1634 United Theatres (Inc. U.S.A.), 5 tael shares, [1932], no.0180, ornate border, green and black, text in English with title in Chinese, stamped cancelled, good very fine.

Estimate HK$1,200-1,500

Shanghai Companies operating in Malaya

Estimate HK$800-1,000

1638 Anglo-Dutch (Java) Plantations Ltd., 10 shilling shares, 19[41], 19[48] and 19[51], all of similar design with oriental figure in centre, ornate border, blue and black, perforated and handwritten cancelled, generally very fine. (3)

1635 Victoria Skating Company, $100 shares, 1946, ornate border with small building at centre top, brown, yellow underprint, Hong Kong adhesive revenue stamp, very fine.

Estimate HK$2,000-2,500

Estimate HK$1,200-1,500 35

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

1639 Cheng Rubber Estates, Ltd., pair of certficates, 1 Tael shares, 19[24], no.802 and 10 candareen shares, 19[32], no.2395, different capital restructures overprinted in red, both with monogram in centre, ornate border, brown and black, American style, printed by Colombian Bank Note Co., extremely fine but the second has small rust mark in top left conrer. (2) Estimate HK$1,000-1,500

1642 Semambu Rubber Estates, Ltd., 10 candareen shares, 191[32], no.1562, capital restructure overprinted in red, signed by E. Kadoorie, vignette of elephant top centre, brown and black, printed by the Columbian Banknote Co., extremely fine.

Estimate HK$1,000-1,500 1643 Sungei Duri Rubber Estate Ltd., a group of certificates comprising ÂŁ1 shares, Shanghai 19[39-41] (9 examples), ÂŁ1 shares, Hong Kong 19[48-51] (4 examples), and 2 shilling shares, Hong Kong 19[51] (11 examples), all with different designed borders, brown and black, the first and second are cancelled by the removal of the company seal, the last are uncancelled, fine to about extremely fine. (24) Estimate HK$2,000-3,000

1640 Repah Rubber & Tapioca Estates Ltd., 10 candareen shares, 19[32] (11 examples), ornate border, red and green, red overprint of new capital, together with 10 candareen shares, 19[40], red and green, cancelled, the last fine to very fine, the rest about extremely fine. (12) Estimate HK$2,000-3,000 1641 Rubber Trust Ltd., a group of certificates comprising 1 tael shares, Shanghai 19[31] (4 examples), HK$2 shares, 19[53] (3 examples), and fractional certificates, 1953 (8 examples), all with ornate borders, pale blue, the last are perforated cancelled, fine to about extremely fine. (15)

1644 Tebong Rubber Estate Ltd., a group of 3 certificates for 10 candareen shares, 19[37], 19[41] (2 examples), ornate borders, green, the first with small piece missing in top margin, the last cancelled by removal of company seal, otherwise very fine (3) Estimate HK$800-1,000 1645 Shanghai Companies in Malaya: a group comprising Shanghai Kelantan Rubber Estates (1925) Ltd., 10 cent shares, 19[40], no.A3489; Shanghai-Sumatra Rubber Estates Ltd., 5 tael shares, 19[54], no.3808, and Shanghai Exploration and Development Co. Ltd., 2 tael 50 candareen shares, 19[39] and 19[51], the first with verprinted capital, about very fine and better. (4)

Estimate HK$1,000-1,500

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Estimate HK$1,500-2,000

January 19, 2014 - HONG KONG

Manchuria

Macao

1646 Imperial Manchurian Government, Flood Control Loan, bond for 1000 yen, attractive design with dragon at top, workers in field at top right, green and black, with coupons, good very fine and scarce.

1648 Banco Nacional Ultramarino, one share of 90 reis, Lisbn 1913, no.69756, large format piece with vignette of steamship at top, ornate borders, text in Portusguese and French, blue and black, with coupons, good very fine.

Estimate HK$800-1,000

Estimate HK$2,000-2,500

1647 Imperial Manchurian Government, Public Loan 4%, bond for 1000 yen, Kotoku 1 (Showa 9; 1934), flag at top, ornate border, grey and yellow, with coupons; together with 4% Public loan, 1943, ornate border, brown and black, with coupons, both very fine. (2)

1649 Companhia de Corridas de Galgos Macau (Yat Yuen) S.A.R.L., 100 shares of 10 patacas, Macau 19[76], no.000250, ornate border, brown and blue, text in Portuguese and Chinese, stamped cancelled, small stain in centre, very fine.

Estimate HK$800-1,000

Estimate HK$800-1,000 37

BONDS AND SHARE OF CHINA, HONG KONG AND THE EAST

French Indo-China

Japan

1650 Gouvernement Général de L’Indo-Chine, 3½% bond, 500 francs, third issue, 1905, no.54754, attractive French style piece with vignettes of dragons, peasants, steam train, ancient city and river boats, brown and black with grey underprint, with coupons, good very fine.

1652 A group of China Incident Reward Grant Treasury 3.65% Loans, a group of bonds comprising 20, 25, 30, 50, 60, 70, 80, 90, 200, 300 and 1000 yen, 1940 vignette of Fujiwara Kamatari at right, Danzan shrine at left, various colours, with coupons, fine to extremely fine.

(13) Estimate HK$4,000-5,000

Estimate HK$800-1,000

Sarawak

1651 Banque de Cochinchine S.A., 250 franc nominative share, (1908), no.2448, very striking design of golden sun in the centre with vignettes of buildings, workers in rice field, boats on river and stylised dragon, black on red paper, text in Chinese and French, traces of mounting on the reverse, good very fine.

1653 Sarawak: Hing Lee Gold Mining Syndicate, Jamboo San, Upper Sarawak, 100 dollar share, 19[33], no.249, ornate border, black and mauve with yellow underprint, text in English and Chinese, Rajah Brooke adhesive revenue stamp, printed in Kuching, extremely fine and extremely rare.

Estimate HK$1,800-2,200

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Estimate HK$2,000-2,500

January 19, 2014 - HONG KONG

SUNDAY 19 JANUARY 2014 Commencing at around 2.15 p.m.

All Sales are subject to the terms and Condition for Buyers printed at the back of this catalogue Estimates The extimated selling price of each lot is printed below the lot description and does not include Buyer's Premium. bidders should bear in mind that estimates are prepared well in advance of the sale and are not definitive.

They are subject to revision.

A COLLECTION OF SILK ROAD COINAGE OF CHACH AND KHWAREZM

1701 Central Asia, Silk Road, Khwarezm, Bivarsar (c. late 3rd- 4th century AD), Tetradrachm, 9.16g, diademed and bearded bust right, crowned with lunar symbol, bead-and-reel border, rev. horseman riding right with legend around, bywrsr mlk’, swan-shaped tamgha left (cf. Vainb. B 2 VII), very fine and extremely rare Khwarezm was situated on the Oxus (Amu Daria) River delta just south of the Aral Sea. A land of some antiquity it was mentioned in the Avesta and in Persian cuneiform inscriptions as Horasmia. Writers of the 6th-5th centuries BC such as Hecateius of Milet, Herodotus, and Ctesias knew of it, and it formed part of the 16th satrap of the Achaemenid rulers.

When the nomadic tribes of the Yue-chih moved west following their defeat by the Hsiung-nu in 174 BC a branch settled in the area, usurping the ancient rulers. In the first century BC there is mention of it as a vassal state of K’ang-kiu, with a capital of Yuegian (Urgench) in the Chinese chronicles. It is believed that this new dynasty struck the first coins of Khwarezm in the latter part of the second century BC. Early coins were based on issues of the Indo-Greeks and had a Greek legend around a central horseman. They gradually developed a distinctive local portraiture and legends in a Khwarezm language using script derived from the Aramaean.

Early Khwarezm numismatic history was reconstructed largely by efforts of B. Vainberg, publishing in Moscow. She first dated the coins using archaeological methods then created a chronology with the aid of overstrikes and the 14 different Tamgha types that appear on the coins.

In 712-713 the Arab governor of Khorasan, Qutayba ibn Muslim conquered Khwarezm, after he had received an appeal from the Khwarezm Shah to help in a conflict with his brother. It is thanks to the Arab and Chinese chronicles that the names and approximate dates of the early Khwarezm shahs are known, although occasionally their names appear on the later issues of Khwarezm coinage.

Estimate HK$30,000-40,000

39

COINS OF CHINA AND THE EAST

1702 Central Asia, Silk Road, Khwarezm (Afrighid Dynasty), King Brawik (early 7th century), reduced Tetradrachm, 5.10g, crowned bust of king right, rev. horseman standing right with legend around mr’y mlk (Ramik, king of kings) (Vainb: II, Mitch 500a), very fine, unusually good condition for type Estimate HK$5,000-6,000

1703 Central Asia, Silk Road, Khwarezm (Afrighid Dynasty), King Brawik (early 7th century), reduced Tetradrachm, 5.34g, crowned bust of king right, rev. horseman standing right with legend around mr’y mlk’, (Vainb. II, Mitch 500a), about very fine, scarce Estimate HK$4,000-5,000

1705 Central Asia, Early Chach / Kangchu (c.3rd - 6th century), AE Drachm, 2.95g, diademed bust left, rev. swan-shaped tamgha surrounded by legend of twenty four letters (SK 1-1-1, plate coin 1), small spots of verdigris on reverse, otherwise extremely fine with attractive reddish tone Ancient Chach comprised various hill forts around the oasis of what is now Tashkent. In the Chinese chronicles of the first century BC there is mention of it as a vassal state of K’ang-kiu, having 120,000 warriors, and an inscription of the Sasanian ruler Shapur I of 262 AD states it was just outside the lands he controlled.

It is believed that another brach of the Yue-chih know as the Wanwan struck the earliest coinage in the late 2nd or early 3rd century AD. Their capital was probably Kanka, a hillfort near the Syr Darya, as most of the early coins with the swan-shaped Tanka are found here. Following Turkic invasions in the 6th century the coinage took on a more varied appearance as each tribal area chose its own design. By the 7th century there were some 30 towns linked by a network of over 50 canals.

The different principalities used tamghas of different forms to distinguish their coinage, in conjunction with a Sogdian legend indicating the title and sometimes the name of the ruler.

Estimate HK$1,200-1,500

1704 Central Asia, Silk Road, Governors of Khwarezm, al-Fadl bin Sahl (late 8th-early 9th century), HemiDrachm, 1.74g, crowned bust of king right, rev. horseman riding right, legend above back lillah dhu’lriyasatayn (cf. Rtveladze 49; Mitch 500b), small part of edge missing, fine, scarce

1706 Central Asia, Early Chach / Kangchu (c.3rd - 6th century), AE Drachms (3), diademed bust left, rev. swan-shaped tamgha surrounded by legend (SK 1-1-1, 1-1-3 (plate coin 8), 1-1-4), the last with a small spot of verdigris on obverse, otherwise very fine or better (3)

Dhu’l-Riyasatayn was the title of al-Fadl b. Sahl, vizier under caliph al-Mamun (died AH202).

Estimate HK$4,000-5,000

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Estimate HK$2,400-3,000

January 19, 2014 - HONG KONG

1711 Central Asia, Early Chach / Kangchu (c.3rd - 6th century), AE Drachm, 1.65g, diademed bust left, rev. swan-shaped tamgha surrounded by legend (SK 1-1-7), rare sub-type, about extremely fine

1707 Central Asia, Early Chach / Kangchu (c.3rd - 6th century), AE Drachm, 3.39g, diademed bust left, rev. swan-shaped tamgha surrounded by legend (SK 1-1-5, plate coin 9), well struck, good very fine

Estimate HK$1,000-1,200

Estimate HK$1,000-1,200

1712 Central Asia, Early Chach / Kangchu (c.3rd - 6th century), AE Drachms (3), diademed bust left, rev. swan-shaped tamgha surrounded by legend (SK 1-1-7, 1-2-1, 1-2-2), about very fine or better (3)

1708 Central Asia, Early Chach / Kangchu (c.3rd - 6th century), AE Drachms (3), diademed bust left, rev. swan-shaped tamgha surrounded by legend (SK 1-18var, 1-2-1, 1-2-3), fine to very fine (3)

Estimate HK$1,200-1,500

Estimate HK$1,200-1,500

1713 Central Asia, Early Chach / Kangchu (c.3rd - 6th century), AE Drachms (3), diademed bust left, rev. swan-shaped tamgha surrounded by legend (SK 1-2-3), fine to very fine (3)

1709 Central Asia, Early Chach / Kangchu (c.3rd - 6th century), AE Drachms (3), diademed bust left, rev. swan-shaped tamgha surrounded by legend (SK 1-1-6 (plate coin 12), 1-2-1var, 1-2-1), the first the only known coin of this type so far, heavily cleaned, fine to very fine (3)

Estimate HK$1,200-1,500

Estimate HK$200-3,000 1714 Central Asia, Early Chach / Kangchu (c.3rd - 6th century), AE Drachms (4), diademed bust left, rev. swan-shaped tamgha surrounded by legend (SK 1-1-8 var, 1-2-2 (plate coin 20), 1-2-3 (2)), fine to extremely fine, plate coin 20 with original lustre (4) Estimate HK$2,000-3,000 1715 Central Asia, Early Chach / Kangchu (c.3rd - 6th century), small AE Drachms (6), diademed bust left, rev. swan-shaped tamgha surrounded by legend (SK 1-2-2, 1-2-3, 1-3-1, 1-3-2 (2), unlisted type), fine to very fine (6)

1710 Central Asia, Early Chach / Kangchu (c.3rd - 6th century), AE Drachms (2), diademed bust left, rev. swan-shaped amgha surrounded by legend (SK 1-2-2), good fine to very fine (2)

Estimate HK$1,400-1,800

Estimate HK$1,000-1,200 41

COINS OF CHINA AND THE EAST

1716 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachm, 1.16g, facing bust wearing domed helmet, rev. lyre-shaped tamgha (SK 2-1-1), scarce type, about very fine

1721 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachms (2), figure seated on a throne with second figure to right, rev. tamgha surrounded by legend (SK 2-3-2, one plate coin 45), about fine and good fine, scarce (2)

Estimate HK$1,200-1,500 Estimate HK$1,000-1,200 1717 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachm, 1.44g, figure seated on panther throne holding sceptre, sun and moon behind, rev. tamgha (SK 2-1-1), scarce type, about very fine Estimate HK$1,000-1,200 1722 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachm, 2.97g, male and female busts facing, sun and moon above rev. tamgha with legend around (SK 2-4-1, plate coin 47), rare single-issue sub-type, very fine Estimate HK$1,000-1,200 1718 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachm, 1.91g, figure seated on throne holding sceptre, sun and moon behind, rev. tamgha (SK 2-1-1), scarce type, about very fine

1723 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachms (3), male and female busts facing, rev. tamgha with legend around (SK 2-4-4 (plate coins 51 & 52), 2-5-1), about fine to very fine, the last scarce (3) Estimate HK$1,000-1,200

Estimate HK$1,000-1,200 1719 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachms (3), figure seated on a throne (2), facing bust (1) (SK 2-1-2, 2-2-1 (plate coin 36), 2-2-3, ), fine or a little better (3) Estimate HK$1,200-1,500 1720 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachms (3), figure seated on a throne with Nike or bird to left of head, rev. tamgha (SK 2-2-1, 2-2-4 (plate coin 41)), about fine or better, scarce (3)

1724 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachm, 2.05g, horseman riding right, figure in pointed hat right, rev. fire altar flanked by tamgha and bow and arrow (SK 2-6-1), some weak areas, about very fine, rare

Estimate HK$1,200-1,500

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Estimate HK$1,200-1,500

January 19, 2014 - HONG KONG 1730 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachms (2), bust of mustachioed and diademed man right rev. tamgha with legend around,(SK -), the first good fine, the second fair, both rare (2) Although not listed in SK, an article was published by Uzbekistani scholar R.V. Rtveladze about the first coin in this lot

1725 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachm, 2.83g, horseman riding right rev. tamgha with legend around (SK 2-7-1), with clear legend, fine / very fine

Estimate HK$1,200-1,500

Estimate HK$1,000-1,200 1726 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachms (3), horseman riding right (2), similar with figure to right of horseman (1) rev. the first two have a tamgha with legend around, the last a fire altar (SK 2-62, 2-7-1 (plate coin 64), 2-7-2 (plate coin 68)), fine to very fine (3) 1731 Central Asia, Chach / Kanka (c.7th century), AE Drachms (2), long-haired bust three-quarters right, flanked by two stars, rev. tamgha with legend beneath (SK 3-1-1 (plate coin 88), 3-1-2, ), both very fine, scarce (2)

Estimate HK$1,200-1,500 1727 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachms (5), horseman riding right (3), horse without rider right (2) rev. tamgha with legend around (SK 2-7-2 (2), 2-7-3, 2-8-1), fine to very fine (5)

Estimate HK$1,400-1,800 1732 Central Asia, Chach / Kanka (c.7th century), AE Drachms (4), long-haired bust three-quarters right, rev. tamgha with legend beneath (SK 3-1-1, 3-1-2, 3-1-3, 3-1-4), good fine, to very fine (4)

Estimate HK$1,500-1,800

Estimate HK$2,000-2,400 1733 Central Asia, Chach / Kanka (c.7th century), AE Drachms (9), long-haired bust three-quarters right, rev. tamgha with legend beneath (SK 3-2-1, 3-2-2 (2), 3-3-1 (2), 3-3-2 (plate coin 110), 3-3-3, 3-4-1 (2)), fine to very fine (9)

1728 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachm, 1.58g, horse without rider right, sun in moon above, rev. tamgha with legend around,(SK 2-8-1, plate coin 74), very fine / fine, scarce

Estimate HK$1,200-1,500 Estimate HK$1,000-1,200 1734 Central Asia, Chach / Benakan (c.7th -8th century), AE Drachms (3), diademed and bearded bust right, front-facing bust wearing a helmet with lunar headdress (2 coins adhering together as found), rev. tamgha (SK 4-1-1, 4-2-1), about very fine and fair (3)

1729 Central Asia, Chach / Kabarna (c.6th - 8th century), AE Drachms (5), horse without rider right, sun in moon above, rev. tamgha with legend around,(SK 2-8-1, 2-8-2 (2), 2-8-3, 2-8-4 var), about fine to good fine (5)

Estimate HK$100-120

Estimate HK$1,000-1,200 43

COINS OF CHINA AND THE EAST

1735 Central Asia, Chach / Benakan (c.7th -8th century), AE Drachm, 4.26g, bust facing three-quarters right, wearing a helmet with lunar headdress and linked necklace, rev. tamgha surrounded by legend (SK 4-1-1, 4-2-1), extremely fine / very fine, rare in this condition Estimate HK$1,500-2,000 1736 Central Asia, Chach / Benakan (c.7th -8th century), AE Drachms (3), bust facing three-quarters right, wearing a helmet, the first with lunar headdress, rev. tamgha surrounded by legend (SK 4-2-1, 4-2-2, 4-3-2 (plate coin 149)), the first with surface deposit, very fine (3) Estimate HK$1,200-1,600 1737 Central Asia, Chach / Benakan (c.7th -8th century), AE Drachms (3), bust facing three-quarters right, wearing a tightly-fitting helmet or hood, rev. tamgha surrounded by legend (SK unpublished type, 4-4-5 (plate coin 166), 4-4-5 var), very fine / fine (3) Estimate HK$1,200-1,500

1739 Central Asia, Chach / unknown principality 1 (c.7th -8th century), AE Drachms (3), two facing busts ‘royal couple’, rev. tamgha surrounded by legend (SK 5-1-1), very fine, exceptional for type (3) Estimate HK$1,800-2,200 1740 Central Asia, Chach / unknown principality 1 (c.7th -8th century), AE Drachms (3), two facing busts ‘royal couple’, rev. tamgha surrounded by legend, the first with flag by tamgha, the second with cross in tamgha, and the third with foliage spray (SK 5-1-3, 5-1-4, 5-1-5 (plate coin 190)), very fine, exceptional for type (3) Estimate HK$1,800-2,200 1741 Central Asia, Chach / unknown principality 1, AE Drachms (10), two facing busts ‘royal couple’, rev. tamgha surrounded by legend (SK 5-1-1 (4), 5-1-2, 5-13 (3), 5-1-6), three coins adhering together in a stack as found, fine to very fine (10) Estimate HK$2,500-3,000 1742 Central Asia, Chach / unknown principality 1, AE Drachms (10), two facing busts ‘royal couple’, rev. tamgha surrounded by legend (SK 5-1-1 (2), 5-1-2, 5-13 (4), 5-1-4 (3)), fine to very fine (10) Estimate HK$2,500-3,000

1738 Central Asia, Chach / Benakan (c.7th -8th century), AE Drachms (9), bust facing three-quarters right, wearing a tightly-fitting helmet or hood, rev. tamgha surrounded by legend (SK 4-2-1, 4-3-1 (3), 4-3-2, 4-4-2, 4-4-6 (2), 4-4-7) fine to very fine (9)

1743 Central Asia, Chach / unknown principality (c.7th -8th century), AE Drachms (4), three-quarter facing bust with swastika in right field, rev. ‘pitchfork’ tamgha surrounded by legend (SK 6-1-1 (plate coin 197), 6-2-1 (2), 6-11-1), good fine to very fine, good for type (4)

Estimate HK$2,000-3,000

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Estimate HK$1,000-1,500

January 19, 2014 - HONG KONG 1744 Central Asia, Chach / unknown principality, AE Drachms (12), three-quarter facing bust, usually with swastika in right field, rev. ‘pitchfork’ tamgha surrounded by legend (SK 6-2-1 (3), 6-2-2, 6-10-2 (6, one plate coin 268), 6-11-1 (plate coin 275), 6-13-1), fine to very fine (12) Estimate HK$1,500-2,000 1748 Central Asia, Chach / unknown principality, AE Drachms (2), three-quarters bust facing right with bearded mask of old man behind head left, rev. ‘pitchfork’ tamgha surrounded by legend (SK 6-4-1 (plate coin 220, 6-4-2), good fine to very fine, interesting and rare (2) Estimate HK$1,500-2,000 1745 Central Asia, Chach / unknown principality, AE Drachms (3), three-quarter facing bust wearing lattice crown, rev. ‘pitchfork’ tamgha surrounded by legend (SK 6-3-1 (2, one plate coin 212), 6-3-2 (plate coin 214)), good fine to very fine (3) Estimate HK$1,800-2,200 1746 Central Asia, Chach / unknown principality, AE Drachms (3), three-quarters bust right wearing lattice crown, AE Drachms (3), three-quarters bust left wearing tight helmet or cap, rev. ‘pitchfork’ tamgha surrounded by legend (SK 6-3-1 (2), 6-3-2, 6-5-1(2), 6-5-2), fine to very fine (6)

1749 Central Asia, Chach / unknown principality, AE Drachms (2), lion facing left, legend above, lion facing right rev. two variants of tamgha surrounded by legend (SK 6-6-1, 6-8-1var), very fine, choice specimens (2) Estimate HK$1,000-1,500

Estimate HK$1,200-1,600 1750 Central Asia, Chach / unknown principality, AE Drachms (12), lion facing left, legend above, rev. tamgha surrounded by legend (SK 6-6-1 (9), 6-6-2, 6-71 (2)), fine to very fine, (12) Estimate HK$1,200-1,500 1747 Central Asia, Chach / unknown principality, AE Drachm, 2.57g, three-quarters bust facing right with bearded mask of old man behind head left, rev. ‘pitchfork’ tamgha surrounded by legend (SK 6-43, plate coin 222), about very fine, with clear bearded mask, very rare

1751 Central Asia, Chach / unknown principality, AE Drachms (22), lion facing right, rev. tamgha surrounded by legend (SK 6-8-1 (8), 6-8-1a, 6-8-2 (3), 6-8-3 (2), 6-8-4 (2), 6-9-1 (3), 6-9-4, unlisted (2)), fine to very fine (22) Estimate HK$1,500-2,000

Estimate HK$1,200-1,500 45

COINS OF CHINA AND THE EAST 1752 Central Asia, Chach / unknown principality, AE Drachms (8), legend, rev. tamgha surrounded by legend (SK 6-14-1 or 2(8), including plate coins 285, 287 and 288), fine to very fine, scarce (8) Estimate HK$600-1,000 1753 Central Asia, Chach / unknown principality II, AE Drachms (6), facing bust, rev. lyre-shaped tamgha (SK 7-1-2 (3), 7-1-4, 7-1-5 (plate coin 311), unlisted type), fine to very fine, scarce (6) Estimate HK$600-1,000 1754 Central Asia, Chach / unknown principality III, AE Drachms (6), camel standing left, rev. cushion-shaped tamgha with legend (SK 8-1-1), fine to very fine, scarce (6) Estimate HK$600-1,000

1755 Central Asia, Chach, under Arab rule (8th century), cast AE Dirham, 3.91g, unread Arabic legend both sides, good very fine, scarce Michael Bates, ex. American Numismatic Society, considers the legend may read ja’iz bi-dirham (Zeno Oriental Coins Database #40182, 40231). Less than 10 examples known, unearthed from Chach oasis.

1757 Central Asia, Chach, under Arab rule (8th century), cast AE Dirham, unread Arabic legend both sides; Chach, unknown principality IV, AE Drachms (2), similar legend, rev. anchor-shaped tamgha (SK 9-1-1) very fine, scarce (3) Estimate HK$1,500-1,800 Bibliography Chach Federov, Michael, “Money circulation in early medieval Chach (6th-first half of the 8th century AD),” JONS 176, Summer 2003 Federov, Michael, “More on money circulation in early medieval Chach,” JONS 183, Spring 2005 Federov, Michael, “Money circulation in Chach during the ancient period,” JONS 192, Summer 2007 Shagalov, V. & Kuznetsov, A., Catalogue of coins of Chach III-VIII AD, Tashkent, 2006 (review JONS191) Khwarezm Federov, Michael, “Money Circulation of Khwarezm in the early medieval period (6th-first half of 8th centuries AD),” JONS 179, Spring 2004 Federov, Michael, “Money Circulation of Khwarezm in the Ancient Period,” JONS 182, Winter 2005

Estimate HK$1,200-1,500

1756 Central Asia, Chach, under Arab rule (8th century), cast AE Dirham, 4.20g, unread Arabic legend both sides, good very fine with lustre, scarce Estimate HK$1,200-1,500

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January 19, 2014 - HONG KONG

Nepal

1761 Nepal, Kathmandu, Jaya Bhaskara Malla (170115), Mohar, NS 821 (1701), legend Śrī Śrī Jaya Bhāskara Malla around trisul in circular frame, astamangala in lotus petals around, rev. legend Malla Deva 821 around garlanded sword within circular frame, legend Nepāleśvara Girindra in eight petals around (RGV.289; KM.-), very fine

1758 Nepal, Lichhavi Period (c.576-750), AE Unit, standing lion, legend Śrī Mānanka above, rev. goddess seated on a lotus, Śrī Bhogini above, AE Units (2), winged lion, Sryamsuvarma above, rev. lion with crescent above, AE Unit, bull standing right, rev. legend pasupatih around sun, AE Unit, deity Kuvera seated, rev. vase of flowers with legend pasupati in two lines either side (RGV. types 8-12, 21-24, 104-105, 136), about fine to very fine for type, scarce (5)

Estimate HK$750-900 1762 Nepal, Kathmandu, Jaya Bhaskara Malla, uniface Dam, undated, legend Śrī Bhāskara (RGV.302; KM.213), very fine, scarce

Estimate HK$1,000-1,250

Estimate HK$300-400 1763 Nepal, Patan, Siddhinarasimha (1619-61), Mohar, NS 761 (1641), legend Śrī Śrī Siddhi around sword in circular frame, rev. legend Nara 761 above and below lion in circular frame (RGV.374; KM.301), very fine

1759 Nepal, Kathmandu, Pratap Malla (1641-74), Mohar, NS 775 (1655), modelled on contemporary Mughal coinage, Newari legend around trisul between Persian letters, Śrī Śrī KavĪndra Jaya, rev. Newari legend, Pratāpa Malla 775 between Persian legend reading ‘Jahangir Shah’ (RGV.260; KM.164), about very fine

Estimate HK$500-750

Estimate HK$1,250-1,500

1760 Nepal, Kathmandu, Jaya Bhupalendra Malla (16871700), Mohar, NS 812 (1692), legend Śrī 2 Jaya Bhupālendra Malla around trisul in circular frame, astamangala in lotus petals around, rev. legend Malla Deva 812 around garlanded sword within central scalloped border, legend Nepāleśvara Rājendra in eight petals around (RGV.283; KM.208), attractive good very fine

1764 Nepal, Patan, Jaya Srinivasa Malla (1661-85), Mohar, NS 786 (1641), six-pointed star, legend Śrī Śrī Jaya Śrīnivāsa Malla around sword in centre, rev. mandala design, elephant goad between two vases with date below in central roundel, legend Nepāleśvara around in ornamental frame (RGV.382; KM.307), very fine

This is among the first issue of coins to feature the astamangala (eight auspicious symbols) within a lotus petal design that was to become very popular on coins of Nepal and Tibet.

Estimate HK$600-800

Estimate HK$1,250-1,500 47

COINS OF CHINA AND THE EAST 1768 Nepal, Patan, Jaya Vira Mahindra Malla (1709-15), Mohar, NS 829 (1709), trident with date below within central circle, legend around naming Vira Mahindra, rev. garlanded sword with legend around within lotus petal frame (RGV.443; KM.370), good extremely fine Estimate HK$500-700 1765 Nepal, Patan, Jaya Yoga Narendra Malla (16841705), Mohar, NS 805 (1685), mandala design of interlacing squares, legend naming Yoga Narendra Malla and Lokanatha around sword in centre, rev. garlanded casket surrounded by symbols and legend naming queen Narendra Lakshmi (RGV.392; KM.336), flan a little bent, good very fine

1769 Nepal, Patan, Riddhi Narasimha Malla (1715-17), Mohar, NS 835 (1715), lion within central circle, legend around within petals naming Riddhi Narasimha, rev. similar design with garlanded sword in centre, date in petals below (RGV.447; KM.375), about very fine Estimate HK$350-500

Lokanatha is a name for the patron deity of Patan Estimate HK$700-900

1766 Nepal, Patan, Jaya Yoga Narendra Malla, Mohar, NS 805 (1685), swastika design of interlacing squares, legend naming Yoga Narendra Malla and Lokanatha around sword in centre, rev. garlanded casket and symbols within geometric design containing legend naming queen Narendra Lakshmi, with date below (RGV.393; KM.337), good very fine Estimate HK$700-900

1770 Nepal, Patan, Riddhi Narasimha Malla, Mohar, NS 835 (1715), mandala design, lion within central circle surrounded by 6-petalled frame, legend within petals naming Riddhi Narasimha, rev. two interlinked triangles with garlanded sword in centre, legend and date in petals around (RGV.445; KM.374), good very fine Estimate HK$500-700

1767 Nepal, Patan, Jaya Yoga Narendra Malla, Mohar, NS 820 (1700), garlanded sword on stand, legend in field naming Yoga Narendra Malla as samgitarnnava paraga (skilled in music), rev. garlanded trident surrounded by legend with date below (RGV.398; KM.320), attractive, about extremely fine

1771 Nepal, Patan, Jaya Vishnu Malla (1729-45), Mohar, NS 851 (1731), trident between pseudo-Persian letters on a cross-hatched background, legend naming Jaya Vishnu Malla with date below, rev. garlanded sword in scalloped frame, legend around naming Vira Yoga Narendra Malla (RGV.469; KM.400), very fine

Estimate HK$1,000-1,200

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Estimate HK$350-500

January 19, 2014 - HONG KONG

1772 Nepal, Bhatgaon, Jaya Bupatindra Malla (16961722), Mohar, NS 816 (1696), scalloped square panel containing legend with date below, rev. trident within central circle, garlanded sword above (RGV.539; KM.87), good very fine Estimate HK$500-750 1773 Nepal, Bhatgaon, Ranajit Malla (1722-69), Mohars (2), NS 842 (1722), scalloped square panel containing legend with date below, rev. trident within central circle, garlanded sword above (RGV.564; KM.108), very fine (2)

1778 Nepal, Shah Dynasty, Girvan Yuddha Vikrama (1799-1816), Mohar, SE 1736 (1814), ½-Mohar, SE 1721 (1799) (RGV.788, 794; KM.526, 529), good very fine and about very fine (2)

Estimate HK$400-600

Estimate HK$400-600

1774 Nepal, Shah Dynasty, Prithvi Narayan (1742-75), Mohars (2), SE 1676, 1691 (1754, 1769), square panel containing legend with date below, rev.legend in eightpetalled flower, garlanded sword at centre (RGV.587, 611; KM.454), well struck examples, very fine to good very fine (2)

1779 Nepal, Shah Dynasty, Rajendra Vikrama (1816-47), Mohar, SE 1741 (1819), ½-Mohar, SE 1738 (1816), Dam (RGV.871, 902, 934; KM.553, 563, 565.2), the Mohar fine, others very fine or better (3)

Estimate HK$450-600 Estimate HK$400-600 1775 Nepal, Shah Dynasty, Pratap Simha (1775-77), Mohars (2), SE 1697, 1698 (1775, 1776), square panel containing legend with date below, rev.legend in eightpetalled flower, garlanded sword at centre (RGV.640, 641; KM.472.1, 472.2), the first in debased metal for export to Tibet, good fine and very fine (2)

1780 Nepal, Shah Dynasty, Surendra Vikrama (184781), 2-Mohar, SE 1801 (1879), struck with die for gold Mohurs, Mohar, SE 1790 (1868), AE Paisa (2), SE 1787 (1865), date unclear, AE Dam (2), SE (17) 92 (1870) (RGV.989, 1024, 1085, 1112; KM.586.1, 589, 590, 602, 603.2), about very fine to good very fine (6)

Estimate HK$400-600

Estimate HK$500-700

1776 Nepal, Shah Dynasty, Rana Bahadur (1777-99), Mohars (2), SE 1708, 1713 (1786, 1791), uniface Dam (RGV.691, 700, 722; KM.502.1, 502.2, -), very fine (3)

1781 Nepal, Shah Dynasty, Prithvi Bir Bikram (18811911), 2-Mohar, Mohar, SE 1821 (1899), ¼-Mohars (Suki) (3), SE 1817, 1827, 1833 (1895, 1905, 1911), AE Paisa VS 1964 (1907) (RGV.1192, 1215, 1252, 1254, 1255, 1302; KM.628, 642, 643, 644, 651.1, 654), Paisa fine, others very fine or better (6)

Estimate HK$650-900 1777 Nepal, Shah Dynasty, Rana Bahadur, 2-Mohar, SE 1712 (1790) (RGV.679; KM.503.2), about very fine

Estimate HK$600-900

Estimate HK$450-600 49

COINS OF CHINA AND THE EAST 1782 Nepal, Shah Dynasty, Tribhuvana Bir Bikram (19111950), Rupee, VS 1989 (1932), 2-Mohars (2), VS 1969, 1984 (1912, 1927), Mohars, VS 1971 (1914), Mahendra Bir Bikram (1955-71), Rupee, VS 2021, Birendra Bir Bikram (1971-2001), Rupees (2), VS 2034, 2045 (KM.682, 695, 724, 786, 828, 1061), very fine or better, the last proof-like (7)

Bhutan 1785 Bhutan, Ni. ½-Rupee, undated (1950), actually struck 1967-8, AE ½-Rupee (Deb) (5), undated (1835-1910), (KM.7.1, 7.2, 28), the copper coins very fine, Nickel ½-Rupee, extremely fine (6) Estimate HK$250-350

Estimate HK$600-900

Tibet 1786 Tibet, Anonymous, (c.1880-1907), Gaden Tangkas (4), group B (2), Dod-pal mint, group C (1), group E (1), fine to very fine (4) Estimate HK$500-700 1783 Nepal, Shah Dynasty, Prithvi Bir Bikram, Brass Token using obverse die of a Mohar, SE 1824, with central hole peirced rev. Devanagari legend 16 Paisa (RGV.T.6), very fine, scarce Estimate HK$300-500 1787 Tibet, Anonymous, Gaden Tangka, reverse brockage, group D, E or F, very fine, rare Estimate HK$500-700 1788 Tibet, Anonymous, (c.1907-25), Gaden Tangkas (4), group F, Dode mint, very fine to extremely fine (4) Estimate HK$500-700

1784 Nepalese Hill States, Rana Bahadur Shah (1777-99) Paisa, VS 1844 (1787) (RGV.1333), very fine; Sikkim AE Paisa, date not visible (KM.3.1), fine; Garhwal, Gorkha occupation, Timasha, in the names of Muhammad Akbar II and Grivan Yuddha (RGV.1389), very fine, all scarce (3)

1789 Tibet, Anonymous, (1910), Kelsang (Monk) Tangka, 4.79g, undated, bead type 1/2/1/1 (KM.14), very fine This coin was struck for distribution to monks during the Monlam Festival (Great Prayer Festival) which took place after New Year’s Day.

Estimate HK$700-1,000

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Estimate HK$1,500-2,000

January 19, 2014 - HONG KONG

1790 Tibet, Anonymous, (1953 / 4), second issue Kelsang (Monk) Tangka, 4.47g, undated, (KM.31), extremely fine Estimate HK$500-700

1794 Tibet, Rupee, 1933-39, NGC MS62 Estimate HK$12,000-13,000 1791 Sino-Tibet under Chinese Authority, Xuan Tong (1909-11), 2-Sho, undated (1910), central lotus design with Chinese legend, rev. dragon surrounded by ring of pearls, Tibetan legend around (YZM. 433-437; KM. 6; LM. 652), about fine Estimate HK$1,500-2,000 1792 Tibet, Anonymous, (1936-46), 1½-Srang, Trabshi mint, T.E.16-11 (2), AE 5-Sho, Trabshi mint, T.E.1622 (KM.24, 28.1), the first and last very fine, other 1½-Srang fine (3) Estimate HK$500-700 1795 Tibet, copper 1 Sho, 1935, PCGS AU58, silver 3 Srang, (1937)11, PCGS AU58, and Silver rupee, (1939-42), PCGS Genuine. (3) Estimate HK$1,200-1,300

1793 Tibet, Anonymous, (1948-52), 10-Srang (3), Trabshi mint, T.E.16-22, 16-23, T.E.16-24, issued for Dugo Lekung (KM.29, 29.1, 30), good fine to very fine (3) Estimate HK$600-800 51

COINS OF CHINA AND THE EAST

CHINA

1796 China, Dollar, year 3 (1911) (Y-31), PCGS AU details

1800 China, Chihli Province, Kuang Hsu, Dollar (7 Mace 2 Candareens), 1907, PCGS VF30

Estimate HK$1,200-1,500 Estimate HK$3,500-4,000 1797 China, Tai-Ching, Silver dollar, 1911, VF, together with Szechuen Province, Kuang Hsu, Silver dollar, 1898, VF (2) Estimate HK$3,800-4,000 1798 China, Tai-Ching Ti-Kuo, copper issues (95), Republic of China, copper issues (25)mixed, condition (120) Estimate HK$1,200-1,500

1799 China, Anhwei Province, Kuang Hsu, Silver 5 Cents (3.6 Candareens), 1899 year 25, PCGS AU55

1801 China, Hupeh Province, Kuang Hsu, Silver Half dollar (3 Mace 6 Candareens), 1895-1905, NGC AU58

Estimate HK$4,000-4,200

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Estimate HK$2,800-3,000

January 19, 2014 - HONG KONG

1806 China, Hupeh Province, 10 Cash, 1902-5 (Y-120a.3), slabbed in PCGS holder graded AU55, Estimate HK$1,000-1,200 1802 China, Hupeh Province, 20 Cents (1 Mace 4.4 Candareens), 1895-1907, PCGS MS63 Estimate HK$500-800 1803 China, Hupeh Province, 20 Cents (1 Mace 4.4 Candareens), 1895-1907, PCGS Genuine, Kwangtung, 20 Cents (1 Mace 4.4 Candareens), 1890, ACCA MS61, Kiangnan, 20 Cents (1 Mace 4.4 Candareens), 1901, NGC AU details (3)

1807 China, Hupeh Province, 10 Cash, 1906 (Y-10j.4), PCGS AU58 Estimate HK$1,000-1,200

Estimate HK$2,500-3,000

1804 China, Hupeh Province, 10 Cash, 1902-5 (Y-122 Lg ??), PCGS AU58 Estimate HK$1,000-1,200 1805 China, Hupeh Province, 10 Cash, 1902-5 (Y-122 Lg ??), PCGS AU58

1808 China, Kirin Province, Kuang Hsu, Silver dollar (7 Mace 2 Candareens), 1904, PCGS VF35 Estimate HK$5,000-5,500

Estimate HK$1,000-1,200

53

COINS OF CHINA AND THE EAST

1809 China, Kiangnan Province, Kuang Hsu, Silver dollar (7 Mace 2 Candareens) 1898, PCGS VF details

1812 China, Kiangnan, Silver dollar (7 Mace 2 Candareens), 1904, PCGS AU details Estimate HK$1,200-1,500

Estimate HK$4,000-4,500

1813 China, Kiangnan, Silver dollar (7 Mace 2 Candareens), 1904, together with Kuang Hsu, central mint, Silver dollar (7 Mace 2 Candareens), 1908, AU and XF (2) Estimate HK$4,000-5,000

1810 China, Kiangnan Province, Kuang Hsu, Silver dollar (7 Mace 2 Candareens), 1901, VF

1814 China, Kwangtung Province, 20 Cents (1 Mace 4.4 Candareens), 1890-1908 PCGS MS64, Manchurian, 20 Cents (1 Mace 4.4 Candareens), 1914-5, MS65 (2) Estimate HK$900-1,200

Estimate HK$1,500-1,800 1815 China, Kwangtung Province, 20 Cents (1 Mace 4.4 Candareens), 1890-1918, PCGS MS62, Tibet 1 Rupee, 1911, NGC XF Details, Tibet 1 Sho, 1822, VF (3) Estimate HK$1,400-1,600 1816 China, Kwangtung Province, Silver 20 Cents, 1929, PCGS MS65, Estimate HK$600-800 1811 China, Kiangnan Province, Kuang Hsu, Silver dollar (7 Mace 2 Candareens), 1904, PCGS AU58

1817 Kiangnan, Kwangtung, 10 Cents, 1929, together with Tibet, 1 Sho, 1935, PCGS MS64 and PCGS MS62RB (2)

Estimate HK$3,500-4,000

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Estimate HK$450-600

January 19, 2014 - HONG KONG 1818 China, Kwangtung Province, copper-nickel 5 Cents, 1923, NGC MS65 Estimate HK$500-800 1819 China, Kweichow Province, 1/2 Cent, 1949 year 38, NGC VF Details Estimate HK$1,000-1,200

1824 China, Yunnan Province, Silver 20 Cents, 1932, NGC MS65 Estimate HK$1,500-1,800 1825 China, Yunnan Province, 20 Cents (silver 1 Mace 4.4 Candareens), PCGS Genuine, Yunnan, nickel 10 Cents, 1923, PCGS MS63, Yunnan, silver, 20 Cents, 1932, PCGS AU53, Yunnan, silver 20 Cents, 1949, PCGS AU55. (4) Estimate HK$1,100-1,200

1820 China, Siankiang Kuan Hsu, 5 miscals, 1901 (AH1319), PCGS AU details Estimate HK$800-1,200 1821 China, Sinkiang Province, copper restrike 10 cents, 1910, NGC MS64RB, Szechuan, Shensi Soviet copper 200 Cash, 1934, PCGS MS64RB (Restrike) (2) Estimate HK$800-1,000 1822 China, Szechuan Province, Szechuan Silver dollar “Han”, 1912, PCGS AU58, Yunan, Silver 20 Cents, 1932, crossed flags PCGS MS64 (2)

1826 China, Republic, Yuan Shih Kai, Silver dollar, 1914, PCGS AU58

Estimate HK$1,300-1,500 Estimate HK$1,000-1,200 1823 China, Yunnan Province, 50 Cents (3 Mace 6 Candareens), 1949, PCGS AU58, together with Sun Yat Sen & Junk, silver dollar, 1934, PCGS AU58 (2)

1827 China, Republic, Yuan Shih Kai, Silver dollars, 1914 year 3, PCGS MS61, NGC AU58 (2) Estimate HK$1,500-1,800

Estimate HK$1,500-1,800 55

COINS OF CHINA AND THE EAST 1828 China, Republic, Silver dollar, Yuan Shi-Kai, 1920, PCGS UNC details, with Silver Dollar, 1934 year 23, PCGS MS63 (2) Estimate HK$2,000-3,000

1832 China, Republic, Sun Yat Sen, Silver dollar, 1928, 6-pointed star, PCGS MS64 Estimate HK$2,000-2,400

1829 China, Republic, Silver dollar, 1923, Tsao Kun in military uniform, NGC MS61 Estimate HK$30,000-35,000 1830 China, Republic, Sun Yat Sen,, Silver dollar, 1927, AU, Yuan Shih Kai, Silver dollar, 1921, VF, and Szechuen Province Military Government, silver “Han” dollar, 1912, VF (3) Estimate HK$1,800-2,000 1833 China, Republic, Sun Yat Sen, Silver dollar, 1928, 6-pointed star, PCGS MS63 Estimate HK$1,500-1,800 1834 China, Republic, Sun Yat Sen, Silver dollar, 1928, 6-pointed star, PCGS UNC details & PCGS AU58 (2) Estimate HK$1,500-1,800

1831 China, Republic, Sun Yat Sen, Silver dollar, 1928, 6-pointed star (BIRTH error, inverted R), PCGS XF Details Estimate HK$1,500-1,800

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January 19, 2014 - HONG KONG

1835 China, Republic, Sun Yat Sen, Silver dollar, 1933, year 22, Junk, PCGS AU58

1838 China, Republic, 10 Cents, 1926 year 15, dragon and phoenix design (Y-334), PCGS MS63

Estimate HK$1,000-1,200 1836 China, Republic, Sun Yat Sen, Silver dollar, year 22 (1933), AU, together with Trade dollar, 1897, VF (2)

Estimate HK$3,000-4,000 1839 China, Republic, Cent, 1916, NGC MS64BN

Estimate HK$1,500-1,800 Estimate HK$300-500 1840 China, People’s Republic, bronze Panda 1 Dollar, 1984, Estimate HK$300-500 1841 China, People’s Republic, Silver 10 Yuan, 1997, Horse, PCGS MS69 Estimate HK$500-800 1842 China, People’s Republic, Panda Silver 10 Yuan, 2011, PCGS MS70 Estimate HK$400-600 1843 China, People’s Republic, Panda/ H.K.Expo Silver 5 Yuan, 1998, PCGS MS69

1837 China, Republic, Yuan Shih Kai, Half dollar, 1914, year 3, NGC AU53

Estimate HK$300-500

Estimate HK$1,300-1,500

1844 China, People’s Republic, Aluminum 5 Fen, 1956, PCGS MS68 Estimate HK$300-500 57

COINS OF CHINA AND THE EAST 1845 The People’s Bank of China, Proof set, 1992, certificate number IX III 0000001, uncirculated

Hong Kong

Estimate HK$1,000-1,200

French Indo-China 1846 French Indo-China, Silver 20 Cents, 1937, NGC MS66 Estimate HK$500-800

1849 Hong Kong, Victoria (1837-1901), Half dollar, 1866, PCGS XF details

1847 French Indo-China, Piastre, 1924 A, PCGS MS62 Estimate HK$1,000-1,200 1848 French Indo-China, Nickel 1 Piastre, 1947, NGC MS65 Estimate HK$500-800

1850 Hong Kong, Victoria, Half dollar, 1867, PCGS VF30 Estimate HK$6,500-7,000

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January 19, 2014 - HONG KONG

1851 Hong Kong, Victoria, 20 Cents, 1873, PCGS AU55

1854 Hong Kong, Victoria, Cent, 1900 H, PCGS MS64 RB Estimate HK$1,200-1,500 Estimate HK$3,000-3,500

1852 Hong Kong, Victoria, 5 Cents, 1891H and 1897 PCGS MS65 (2) Estimate HK$2,000-2,200

1855 Hong Kong, Victoria, Cent, 1901 H, PCGS MS64RD Estimate HK$500-800

1853 Hong Kong, Victoria, Cent, 1900H, NGC MS64RB

1856 Hong Kong, Victoria, Cent, 1901H, PCGS MS65RB

Estimate HK$1,300-1,500

Estimate HK$2,000-2,200 59

COINS OF CHINA AND THE EAST 1857 Hong Kong, Edward VII (1901-10), 10 Cents, 1902, PCGS MS65

1864 Hong Kong, George V, Cent (2), 1931, 1933, PCGS MS64RB, MS64RD (2) Estimate HK$500-800

Estimate HK$600-800 1858 Hong Kong, Edward VII, 10 Cents, 1902 and 1904, PCGS MS64 (2)

1865 Hong Kong, George V, Cent, 1933, PCGS MS66RD Estimate HK$400-600

Estimate HK$1,000-1,200 1859 Hong Kong, Edward VII, Five Cents (2), 1904, NGC MS65, 1905, PCGS MS65 (2)

1866 Hong Kong, Elizabeth II (1952-), Nickel-Brass 10 Cents, 1980, PCGS MS65+ Estimate HK$900-1,200

Estimate HK$1,200-1,400 1860 Hong Kong, Edward VII, 5 Cents, 1905, NGC MS65

1867 Hong Kong, 5 Cents (26), 10 Cents (27), mixed condition (53) Estimate HK$1,500-2,000

Estimate HK$500-800 1861 Hong Kong, Edward Vll, 5 Cents, 1905, PCGS MS66 Estimate HK$800-1,000

1868 Hong Kong, gold coloured Token, 12.61g, comemmorating the first Hong Kong Coin Exposition, 1988, proof uncirculated Estimate HK$200-300

1862 Hong Kong, Edward VII, Cent, 1905H, PCGS MS64RB, together with George V, Cent, 1923, NGC MS64RB (2) Estimate HK$1,500-1,800

Japan 1869 Japan, 20 Sen, 1895 (M28), PCGS MS65+ Estimate HK$400-600

Korea

1863 Hong Kong, George V (1910-36), Cent, 1926, PCGS MS64RD

1870 Korea, String of 10 coins including 100 Mun and 5 Mun (9), mixed condition

Estimate HK$800-1,000

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Estimate HK$2,000-3,000

January 19, 2014 - HONG KONG

Macao

Taiwan

1874 Taiwan, Chiang Kai-Shek, 2000-Yuan, 1976 (XM635), in NGC holder graded UNC surface hairlines

1871 Macao, 100 Patacas, 1978, race car with advertising logos, 25th anniversary of the Grand Prix (KM#10), PCGS PR66 DCAM

Estimate HK$9,000-12,000

Estimate HK$5,000-6,000

Vietnam 1875 Vietnam, Aluminum 50 Xu, 1953 A, PCGS MS65 Estimate HK$400-600

Great Britain 1876 Great Britain, George III, Sixpence, 1816, PCGS MS62, Victoria, Halfcrown, 1887, PCGS MS64, Florin, 1853, PCGS AU58, George V, Florin, 1911, PCGS PR63 (4)

1872 Macao, 100 Patacas, uniface die trial in copper, 1988, 35th anniversary of the Grand Prix (KM not listed but same reverse design as KM#40), PCGS SP66RD

Estimate HK$2,000-2,400

Estimate HK$6,000-7,000 1877 Great Britain, Victoria (1837-1901), Trade dollars (2), 1895B and 1896B, PCGS XF details. (2)

1873 Macao, 20 Patacas, 1974, Taipa Bridge (KM#8), NGC MS63, 5 Patacas, 1971 (KM#5a), NGC MS65 (2)

Estimate HK$2,000-2,400 Estimate HK$300-400

61

COINS OF CHINA AND THE EAST Great Britain, Edward VII, Trade dollar, 1904/0B PCGS AU details, and 1904/898B PCGS VF details, (2) Estimate HK$1,800-2,000 1886 Great Britain, Edward VII, Trade dollars, 1904B, 1904/0B PCGS XF details and 1910B PCGS AU details (3) Estimate HK$2,000-2,400 1878 Great Britain, Victoria, Trade dollar, 1898B, PCGS MS62

1887 Great Britain, Edward VII, Trade dollar, 1902 B, PCGS Tooled AU details Estimate HK$900-1,000

Estimate HK$1,500-1,800 1879 Great Britain, Victoria, Trade dollar, 1898B, XF (3) Estimate HK$1,800-2,000 1880 Great Britain, Victoria, Trade dollar, 1899B, AU-XF Estimate HK$3,000-3,500 1881 Great Britain, Victoria, Trade dollar, 1900B, XF (6) Estimate HK$3,600-4,000 1882 Great Britain, Victoria, Trade dollar, 1900B, PCGS UNC details, and 1907B PCGS AU53, (2) Estimate HK$2,000-2,400

1888 Great Britain, Edward VII, Trade dollar, 1907 B, PCGS AU55

1883 Great Britain, Edward VII (1901-10), Trade dollar, 1902B, AU-XF (6) Estimate HK$3,600-4,000 1884 Great Britain, Edward VII, Trade dollar, 1903B, XFVF (3) Estimate HK$1,800-2,000

1885

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Estimate HK$1,000-1,200

January 19, 2014 - HONG KONG Great Britain, Edward VII, Trade Dollars (2), 1909B, PCGS UNC details, George V (1910-36), 1925, PCGS AU58 (2) Estimate HK$1,600-2,000

1889 Great Britain, Edward VII, Trade dollar, 1907B, NGC MS63 NGC MS63 Estimate HK$1,500-1,800 1890 Great Britain, Edward VII, Trade dollars (3), 1908B PCGS AU55, and 1908B PCGS AU details, and 1910B PCGS AU53, (3)

1894 Great Britain, George V, (1910-36), Trade dollar, 1911B, PCGS MS64 Estimate HK$3,000-3,500

Estimate HK$2,500-3,000 1895 Great Britain, George V, Trade dollar, 1912B, XF-VF (5) Estimate HK$2,800-3,000

1891 Great Britain, Edward VII, Trade dollar, 1909B, NGC MS63 Estimate HK$1,500-1,800 1892 Great Britain, Edward VII, Trade dollar, 1909B, PCGS MS61 (2)

1896 Great Britain, George V, Trade dollar, 1929B, PCGS MS64

Estimate HK$2,500-3,000

Estimate HK$3,000-3,500 1893 63

COINS OF CHINA AND THE EAST

1897 Great Britain, George V, Trade Dollar, 1929B, PCGS MS63

1900 Great Britain, George V, Trade dollar, 1930B, PCGS MS64+ Estimate HK$2,000-2,200

Estimate HK$1,500-2,000 1898 Great Britain, George V, Trade dollars, 1929B (2) AU and 1930B (1) XF (3)

1901 Great Britain, George V, Trade dollar, 1930 (4), AUXF (4) Estimate HK$3,000-3,500

Estimate HK$2,200-2,400

1899 Great Britain, George V, Trade dollar, 1930B, NGC MS63

1902 Great Britain, George V, Trade dollar, 1930B, PCGS MS64

Estimate HK$1,500-1,800 Estimate HK$1,500-1,800

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January 19, 2014 - HONG KONG

1907 Czechoslovakia, Silver 50 Korun, 1968, PCGS MS66 Estimate HK$400-600

Italy 1908 Italy, Papal States, Scudo, 1834, together with Yemen, Imadi Riyal, AH1344, first, good F, second, VF (2) 1903 Great Britain, George V, Trade Dollar, 1930B, PCGS MS63

Estimate HK$1,000-1,200

Mexico

Estimate HK$1,500-2,000

1909 Mexico, 8 Reales with chopmarks (3), 1787, 1797, 1811, Peso, 1903, with Philippines, Peso (2), 1903, 1912, mixed condition (6)

1904 Great Britain, Trade dollars (2), 1897/6B PCGS XF details, and 1903/2B, PCGS AU55 (2) Estimate HK$2,000-2,500

Estimate HK$1,000-1,500

1905 Great Britain, Trade dollars (2), 1900B and 1902B, both PCGS AU details. (2) Estimate HK$1,800-2,000 1906 Great Britain, Trade dollars, 1909B (2), XF, 1911B (2), VF (4) Estimate HK$2,000-2,500

Czechoslovakia

65

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9/F Malaysian Consulate Building 50 Gloucester Road Wanchai Hong Kong Tel +852 25 300 100 Fax +852 25 266 128 china@spink.com NAME ______________________________________________________

FINE STAMPS AND COVERS OF CHINA AND HONG KONG WITH JAPAN AND KOREA

WRITTEN BIDS FORM

This form should be sent or faxed to the Spink auction office in advance of the sale.

ADDRESS ____________________________________________________ 9/F Malaysian Consulate Building References for new clients should be 50 Gloucester supplied in goodRoad time to be taken up before the sale. Bids received later than ____________________________________________________________ Wanchai one hour before the start of the sale may Hong Kong not be processed.

____________________________________________________________ Tel +852 25 300 100

FINE STAMPS AND COVERS OF CHINA AND HONG KONG WITH JAPAN AND KOREA

Fax +852 25 266 128

YOU CAN ALSO BID IN REAL TIME ON SPINK LIVE. JUST VISIT WWW.SPINK.COM, REGISTER AND

china@spink.com POSTCODE ___________________________________________________ SIGN UP FOR THE SALE. NAME ______________________________________________________

19 JANUARY 2014

HONG KONG

WRITTEN BIDS FORM

This form should be sent or faxed to the Spink auction office in advance sale.

DDRESS SA ALE TITLE ____________________________________________________ DATE CODEofNthe AME SALE NO. References for new clients should be supplied in good time to be taken up BONDS, SHARE OF Fine Stamps and AND CoversCOINS of Sunday 19 January 2014 TWELE 14011 Sunday 19 January 2014 PAGODA 14010 ____________________________________________________________ before the sale. Bids received later than China Hong Kong at 4.00 p.m.

CHINA,and HONG KONG AND THE EAST at around 1.00 p.m. one hour before the start of the sale may not be processed.

I request Spink, without legal obligations of any kind on its part, to bid on the following Lots up to the price given below. ____________________________________________________________ I understand that if my bid is successful the Purchase Price will be the sum of the final bid and Buyer’s premium as a percentage of the final bid. The Rate of Premium is YOU CAN ALSO BID IN REAL TIME ON SPINK LIVE. 20% of the final hammer price of each lot.

19 JANUARY 2014 JUST VISIT WWW.SPINK.COM, REGISTER AND HONG KONG POSTCODE ___________________________________________________ SIGN UP FOR THE SALE. I have read and agreed to the terms and conditions for buyers and notices about bidding and payment methods published in this catalogue. I have also seen the sale room notices published for this sale and satisfied myself as to the condition of the lots and the matters referred to in the catalogue description. I also understand that Spink provides the service of executing bids on behalf of clients for the convenience of clients and that Spink will not be held responsible for failing to execute bids. If identical commission bids are received for the same Lot, the commission bid received first by Spink will take precedence. Please note that you will not be notified if there are higher SALE TITLE DATE CODE NAME SALE NO. written bids received. Any personal information collected by Spink will be used in accordance with our Terms and Conditions for Buyers.

Fine Stamps and Covers of Sunday 19 January 2014 TWELE China and Hong Kong at 4.00 p.m.

BIDDERS PLEASE NOTE OUR EXTENSION CLAUSES IN OUR TERMS AND CONDITIONS FOR BUYERS

14011

IPLEASE request Spink, without legal obligations of any kind on its part, to bid on the following upIN to HONG the priceKONG given below.

PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDSLots ARE DOLLARS I understand that if my bid is successful the Purchase Price will be the sum of the final bid and Buyer’s premium as a percentage of the final bid. The Rate of Premium is 20% of the final hammer price of each lot.

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

I have read and agreed to the terms and conditions for buyers and notices about bidding and payment methods published in this catalogue. I have also seen the sale room notices published for this sale and satisfied myself as to the condition of the lots and the matters referred to in the catalogue description. I also understand that Spink provides the service of executing bids on behalf of clients for the convenience of clients and that Spink will not be held responsible for failing to execute bids. If identical commission bids are received for the same Lot, the commission bid received first by Spink will take precedence. Please note that you will not be notified if there are higher written bids received. Any personal information collected by Spink will be used in accordance with our Terms and Conditions for Buyers.

BIDDERS PLEASE NOTE OUR EXTENSION CLAUSES IN OUR TERMS AND CONDITIONS FOR BUYERS PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN HONG KONG DOLLARS Lot Number (in numerical order)

TEL. HOME

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

______________________________________________

TEL. OFFICE ____________________________________________

____________________________________________________

E-MAIL ________________________________________________

SIGNATURE _______________________________________________

VAT NUMBER ___________________________________________

FAX

Please indicate the type of card:

V ISA

MASTERCARD

PAYMENT MADE BY MASTERCARD OR VISA ARE SUBJECT TO A 3% SURCHARGE TEL. HOME ______________________________________________ TEL. OFFICE ____________________________________________ CARD NO:

FAX

____________________________________________________

SIGNATURE

EXPIRY DATE

SIGNATURE _______________________________________________

START DATE:

ISSUE NO:

SECURITY CODE:

E-MAIL ________________________________________________ NAME (ON CREDIT CARD)

VAT NUMBER ___________________________________________

DIRECT BANK TRANSFER Please indicate the type of card:

DIRECT BANK TRANSFER V ISA MASTERCARD ACCOUNT NAME: Spink China Limited BANK: Bank of China (Hong Kong) Limited 01287500470625 ACCOUNT NO.: BKCHHKHHXXX SWIFT CODE: ANK ADDRESS : BY Bank of China Tower, Garden Road, Central, Hong Kong BAYMENT P MADE MASTERCARD OR V1ISA ARE SUBJECT TO A 3% SURCHARGE CARD Please NO: charge all purchases to my card

START DATE:

ISSUE NO:

SECURITY CODE:

Do not charge my card. I will arrange to D send yourCARD card) should you default on the payment terms agreed) SIGNATURE EXPIRY ATE payment. (Spink will only NAMEcharge (ON CREDIT Please hold my purchased lots for collection

DIRECT BANK TRANSFER

ACCOUNT NAME: Spink China Limited

Continued ...

DIRECT BANK TRANSFER BANK: Bank of China (Hong Kong) Limited

DATE

SALE NO.

Sunday January 2014 2014 Sunday19 19 January at 4.00 p.m. at around 1.00 p.m.

14011 14010

PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN HONG KONG DOLLARS Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

BIDDING INCREMENTS Bidding generally opens below the low estimate and advances in the following order although the auctioneer may vary the bidding increments during the course of the auction. The normal bidding increments are: Up to HK$1,000 HK$1,000 to HK$3,000 HK$3,000 to HK$6,000 HK$6,000 to HK$10,000

by HK$50

by HK$100

by HK$200 or HK$300

by HK$500

HK$10,000 to HK$30,000 HK$30,000 to HK$60,000 HK$60,000 to HK$200,000 HK$200,000 and up

by HK$1,000

by HK$2,000 or HK$3,000

by HK$5,000 Auctioneer’s discretion

REFERENCES REQUIRED FOR CLIENTS NOT YET KNOWN TO SPINK

I authorise Spink to request financial reference from my bank and contact the auction houses or dealers stated as my trade reference.

I agree that in order to confirm references Spink disclose my details to these third parties.

TRADE REFERENCES

BANK REFERENCES

________________________________________________________________________________________ ____________________________________________________________________________________________________

買受人條款及條件

TERMS AND CONDITIONS FOR BUYERS These conditions set out the terms on which we (Spink China Limited of 9/F., Malaysian Consulate Building, 50 Gloucester Road, Hong Kong) contract with you (Buyer) either as agent on behalf of the Seller or as principal if we are the Seller. You should read these conditions carefully.

1 DEFINITIONS The following definitions in this condition apply in these conditions.

Buyer’s Premium

means the charge payable by you as a percentage of the Hammer Price, at the rates set out in clause 5.1 below;

Certificate of Authenticity

means a certificate issued by an Expert Committee confirming the authenticity of a Lot;

Expert Committee

means a committee of experts to whom a Lot may be sent for an extension in accordance with clause 3.4.3;

Forgery

means a Lot constituting an imitation originally conceived and executed as a whole with a fraudulent intention to deceive as to authorship, origin, age, period, culture or source where the correct description as to such matters is not reflected by the description in the catalogue and which at the date of the auction had a value materially less than it would have had if it had been in accordance with the description in the catalogue. Accordingly, no Lot shall be capable of being a Forgery by reason of any damage and/or restoration work of any kind (including re-enamelling);

Hammer Price

means the amount of the highest bid accepted by the auctioneer in relation to a Lot;

Lot

means any item deposited with us for sale at auction and, in particular, the item or items described against any lot number in any catalogue;

Reserve

the amount below which we agree with the Seller that the Lot cannot be sold;

Seller

means the owner of the Lot being sold by us;

Spink Group

Spink China Limited, Spink and Son Ltd, and our associated companies.

2 SPINK CHINA’S ROLE AS AGENT 2.1 All sales undertaken by us either at auction or privately are undertaken either as agent on behalf of the Seller or from time to time, as principal if we are the owner of the Lot. Please note that even if we are acting as agent on behalf of the Seller rather than as principal, we may have a financial interest in the Lot. 2.2 The contract for the sale of the Lot will be between you and the Seller.

3 BEFORE THE SALE 3.1 Examination of goods You are strongly advised to examine personally any goods in whichyou are interested, before the auction takes place. Condition reports are usually available on request. We provide no guarantee to you other than in relation to Forgeries, as set out in clause 5.10 of these Terms and Conditions.

3.2 Catalogue descriptions 3.2.1 Statements by us in the catalogue or condition report, or made orally or in writing elsewhere, regarding the authorship, origin, date, age, size, medium, attribution, genuineness, provenance, condition or estimated selling price of any Lot are merely statements of opinion, and are not to be relied on as statements of definitive fact.

Catalogue and web illustrations are for guidance only, and should not be relied on either to determine the tone or colour of any item.

No lot shall be rejected on the grounds of inaccurate reproduction.

No lot illustrated in the catalogue and online shall be rejected on the grounds of cancellation, centring, margins, perforation or other characteristics apparent from the illustration. Catalogue illustrations are for guidance only, and should not be relied on either to determine the tone or colour of any item or to reveal imperfections.

Estimates of the selling price should not be relied on as a statement that this price is either the price at which the Lot will sell or its value for any other purpose.

3.2.2 Many items are of an age or nature which precludes their being in perfect condition and some descriptions in the catalogue or given by way of condition report make reference to damage and/or restoration. We provide this information for guidance only and the absence of such a reference does not imply that an item is free from defects or restoration nor does a reference to particular defects imply the absence of any others.

3.2.3 Other than as set out in clause 5.8, and in the absence of fraud, neither the Seller nor we, nor any of our employees or agents, are responsible for the correctness of any statement as to the authorship, origin, date, age, attribution, genuineness or provenance of any Lot nor for any other errors of description or for any faults or defects

in any Lot. Every person interested should exercise and rely on his own judgment as to such matters.

3.3 Your Responsibility You are responsible for satisfying yourself as to the condition of the goods and the matters referred to in the catalogue description.

3.4 Extensions – Stamps only 3.4.1 If you wish to obtain an expert opinion or Certificate of Authenticity on any Lot (other than a mixed lot or lot containing undescribed stamps) you must notify us in writing not less than forty-eight hours before the time fixed for the commencement of the first session of the auction. If accepted by us, such request shall have the same effect as notice of an intention to question the genuineness or description of the Lot for the purposes of clause 5.8 of these Terms and Conditions and the provisions of clause 5.8 shall apply accordingly.

3.4.2 Notice of a request for an expert opinion or Certificate of Authenticity must give the reason why such opinion is required and specify the identity of your proposed expert which will be subject to agreement by us. We reserve the right, at our discretion, to refuse a request for an expert opinion or Certificate of Authenticity including (without limitation) where the proposed expert is not known to us.

3.4.3 If we accept a request for an expert opinion or Certificate of Authenticity we will submit the Lot to the Expert Committee.

You acknowledge and accept that the length of time taken by an Expert Committee to reach an opinion will vary depending on the circumstances and in any event is beyond our control.

3.4.4 We will not accept a request for an extension on account of condition. Any Lot described in the catalogue as having faults or defects may not be returned even if an expert opinion or Certificate of Authenticity cites other faults or defects not included in the catalogue description, other than in the case of a Forgery.

3.4.5 Should Spink China Limited accept a request for an extension under the foregoing provisions of this paragraph, the fact may be stated by the Auctioneer from the rostrum prior to the sale of the Lot. 3.4.6 It should be noted that any stamp accompanied by a Certificate of Authenticity is sold on the basis of that Certificate only and not on the basis of any other description or warranty as to authenticity. No request for an extension will be accepted on such a stamp and the return of such a stamp will not be accepted.

4 AT THE SALE 4.1 Refusal of admission Our sales usually take place on our own premises or premises over which we have control for the sale, and we have the right, exercisable at our complete discretion, to refuse admission to the premises or attendance at an auction.

4.2 Registration before bidding You must complete and sign a registration form and provide identification before making a bid at auction. Please be aware that we usually require buyers to undergo a credit check.

If you have not bid successfully with Spink in the past, or you are registering with us for the first time, we reserve the right to require a deposit of up to 50% of the amount you intend to spend. Such deposit will be deducted from your invoice should you be successful. If you are unsuccessful at auction, your deposit will be returned by the same means it was paid to Spink.

Some lots may be designated, prior to the auction, as “Premium lots”, which means a deposit may be required before placing a bid on the item for sale. Information will be posted on our website in such an event.

4.3 Bidding as Principal When making a bid (whether such bids are made in person or by way of telephone bids operated by Spink, commission or online or email bids), you will be deemed to be acting as principal and will be accepting personal liability, unless it has been agreed in writing, at the time of registration, that you are acting as agent on behalf of a third party buyer acceptable to us.

4.4 Commission Bids If you give us instructions to bid on your behalf, by using the form provided in our catalogues or via our website, we shall use reasonable endeavors to do so, provided these instructions are received not later than 24 hours before the auction. If we receive commission bids on a particular Lot for identical amounts, and at auction these bids are the highest bids for the Lot, it will be sold to the person whose bid was received first.

Commission bids are undertaken subject to other commitments at the time of the sale, and the conduct of the auction may be such that we are unable to bid as requested. Since this is undertaken as a free service to prospective buyers on the terms stated, we cannot accept liability for failure to make a commission bid. You should therefore always attend personally if you wish to be certain of bidding. All commission bids should be sent to 9/F Malaysian Consulate Building, 50 Gloucester Road, Hong Kong up till 24 hours prior to the sale.

4.5 On-line Bidding We offer internet services as a convenience to our clients. We will not be responsible for errors or failures to execute bids placed on the internet, including, without limitation, errors or failures caused by (i) a loss of internet connection by either party for whatever reason; (ii) a breakdown or problems with the online bidding software and/or (iii) a breakdown or problems with your internet connection, computer or system. Execution of on-line internet bids is a free service undertaken subject to other commitments at the time of the auction and we do not accept liability for failing to execute an online internet bid or for errors or omissions in connection with this activity.

4.6 Telephone Bids If you make arrangements with us not less than 24 hours before the sale, we shall use reasonable endeavors to contact you to enable you to participate in bidding by telephone, but in no circumstances will we be liable to either the Seller or you as a result of failure to do so.

4.7 Currency Converter At some auctions, a currency converter will be operated, based on the one month forward rates of exchange quoted to us by Bank of China or any other appropriate rate determined by us, at opening on the date of the auction. Bidding will take place in a currency determined by us, which is usually Hong Kong dollars for auctions held in Hong Kong. The currency converter is not always reliable, and errors may occur beyond our control either in the accuracy of the Lot number displayed on the converter, or the foreign currency equivalent of Hong Kong dollar bids. We shall not be liable to you for any loss suffered as a result of you following the currency converter.

4.8 Video images At some auctions there will be a video screen. Mistakes may occur in its operation, and we cannot be liable to you regarding either the correspondence of the image to the Lot being sold or the quality of the image as a reproduction of the original.

4.9 Bidding Increments Bidding generally opens below the low estimate and advances in the following order although the auctioneer may vary the bidding increments during the course of the auction. The normal bidding increments are: HK$100 to HK$2,000 by HK$100 HK$2,000 to HK$3,000 by HK$200 HK$3,000 to HK$5,000 by HK$200 or HK$300 HK$5,000 to HK$10,000 by HK$500 HK$10,000 to HK$20,000 by HK$1,000 HK$20,000 to HK$30,000 by HK$2,000 HK$30,000 to HK$50,000 by HK$2,000 or HK$3,000 HK$50,000 to HK$100,000 by HK$5,000 HK$100,000 to HK$ 200,000 by HK$10,000 HK$200,000 to HK$300,000 by HK$20,000 HK$300,000 to HK$500,000 by HK$20,000 or HK$30,000 HK$500,000 and up at Auctioneer’s discretion 4.10 Bidding by the Spink Group 4.10.1 We reserve the right to bid on Lots on the Seller’s behalf up to the amount of the Reserve (if any), which will never be above the low estimate printed in the auction catalogue.

4.10.2 The Spink Group reserves the right to bid on and purchase Lots as principal.

4.11 The Auctioneer’s Discretion The auctioneer has the right at his absolute discretion to refuse any bid to advance the bidding in such manner as he may decide to withdraw or divide any Lot, to combine any two or more Lots and, in the case of error or dispute, to put an item up for bidding again.

4.12 Successful Bid Subject to the auctioneer’s discretion, the striking of his hammer marks the acceptance of the highest bid, provided always that such bid is higher than the Reserve (where applicable), and the conclusion of a contract for sale between you and the Seller.

4.13 After Sale Arrangements If you enter into any private sale agreements for any Lot with the Seller within 60 days of the auction, we, as exclusive agents of the Seller reserve the right to charge you the applicable Buyer’s Premium in accordance with these Terms and Conditions, and the seller a commission in accordance with the terms of the seller’s agreement.

4.14 Return of Lot Once your bid has been accepted for a Lot then you are liable to pay for that Lot in accordance with these Terms and Conditions. If there are any problems with a Lot then you must notify us within 7 days of receipt of the Lot, specifying the nature of the problem. We may then request that the Lot is returned to us for inspection. Save as set out in clause 5.8, the cancellation of the sale of any Lot and the refund of the corresponding purchase price is entirely at our sole discretion. We will not normally exercise that discretion if the Lot is not received by us in the same condition that it was in at the auction date.

5 AFTER THE AUCTION 5.1 Buyer’s Premium In addition to the Hammer Price, you must pay us the Buyer’s Premium at a rate of 20% of the final Hammer Price of each Lot. 5.2 Payment 5.2.1 You must provide us with your full name and permanent address and, if so requested, details of the bank from which any payments to us will be made. You must pay the full amount due on your invoice within seven days after the date of the sale. This applies even if you wish to export the Lot and an export license is (or may be) required.

5.2.2 You will not acquire title to the Lot until all amounts due to us have been paid in full. This includes instances where special arrangements were made for release of Lot prior to full settlement.

5.2.3 Payment should be made in Hong Kong Dollars by one of the following methods: (i) Direct bank transfer to our account details of which are set out on the invoice. All bank charges shall be met by you.

Please ensure that your client number is noted on the transfer.

(ii) By cheque or bank draft made payable to Spink China Limited.

Please note that the processing charges for payments made by cheques or bank drafts drawn on a non-Hong Kong bank shall be met by you. Please ensure that the remittance slip printed at the bottom of the invoice is enclosed with your payment. (iii) By Visa or Mastercard. A charge of 3% will be applied. By American Express, a charge of 4% will be applied. We are not responsible for any foreign exchange losses or charges that you may incur in connection with such card payments.

5.2.4 Payments should be made by the registered buyer and not by third parties, unless it has been agreed at the time of registration that you are acting as an agent on behalf of a third party.

5.3 Notification We are not able to notify successful bidders by telephone. While Invoices are sent out by mail after the auction we do not accept responsibility for notifying you of the result of your bid. You are requested to contact us by telephone or in person as soon as possible after the auction to obtain details of the outcome of your bids to avoid incurring charges for late payment.

5.4 Collection, Packing and Handling of Purchases 5.4.1 Unless specifically agreed to the contrary, we shall retain lots purchased until all amounts due to us, or to the Spink Group, have been paid in full. Buyers will be required to pay for their lots when they wish to take possession of the same, which must be within 7 days of the date of the sale, unless prior arrangements have been made with Spink. Lots will not be released until cleared funds are received with regard to payments made by cheque.

5.4.2 Lots may be collected from 9/F Malaysian Consulate Building, 50 Gloucester Road, Hong Kong. In the event where a cheque or bank draft payable to Spink China Limited has been presented to us, unless we specifically agree to the contrary, no Lots shall be released before the cheque or bank draft has cleared where such funds have been credited into our bank account.

5.4.3 A purchased Lot shall be at your risk in all respects from the time of collection or the expiry of seven days from the date of sale, whichever is sooner, and neither Spink China Limited nor its employees nor agents shall thereafter be liable for any loss or damage of any kind, whether caused by negligence or otherwise, while any Lot is in or under their respective custody or control.

5.4.4 If required our shipping department may arrange shipment as your agent. Although we may suggest carriers if specifically requested, our suggestions are made on the basis of our general experience of such parties in the past and we are not responsible to any person to whom we have made a recommendation for the acts or omissions of the third parties concerned.

5.4.5 We shall use all reasonable endeavors to take care when handling and packing a purchased Lot but remind you that after seven days or from the time of collection, whichever is sooner, the Lot is entirely at your risk.

5.4.6 It is the responsibility of the Buyer to be aware of any Import Duties that may be incurred upon importation to the final destination. Spink will not accept return of any package in order to avoid these duties.

The onus is also on the Buyer to be aware of any Customs import restrictions that prohibit the importation of certain collectibles.

Spink will not accept return of the Lot(s) under these circumstances.

Spink will not accept responsibility for Lot(s) seized or destroyed

by Customs.

5.4.7 If the Buyer requires delivery of the Lot to an address other than the invoice address this will be carried out at the discretion of Spink.

5.5 Remedies for non-payment or failure to collect purchases 5.5.1 If you fail to make payment within seven days of your stipulated payment date set out in your invoice, we shall be entitled to exercise one or more of the following rights or remedies: 5.5.1.1 to charge interest at the rate of 2% per month compound interest, calculated on a daily basis, from the date the full amount is due; 5.5.1.2 to set off against any amounts which the Spink Group may owe you in any other transaction the outstanding amount

remaining unpaid by you; 5.5.1.3 we may keep hold of all or some of your Lots or other property in the possession of the Spink Group until you have paid all the amounts you owe us or the Spink Group, even if the unpaid amounts do not relate to those Lots or other property. Following fourteen days’ notice to you of the amount outstanding and remaining unpaid, the Spink Group shall have the right to arrange the sale of such Lots or other property. We shall apply the proceeds in discharge of the amount outstanding to us, and pay any balance to you; 5.5.1.4 where several amounts are owed by you to the Spink Group in respect of different transactions, to apply any amount paid to discharge any amount owed in respect of any particular transaction, whether or not you so direct; 5.5.1.5 to reject at any future auction any bids made by you or on your behalf or obtain a deposit from you before accepting any bids.

5.5.2

If you fail to make payment within thirty-five days, we shall in addition be entitled:

5.5.2.1 to cancel the sale of the Lot or any other item sold to you at the same or any other auction; 5.5.2.2 to arrange a resale of the Lot, publicly or privately, and, if this results in a lower price being obtained, claim the balance from you together with all reasonable costs including a 20% seller’s commission, expenses, damages, legal fees, commissions and premiums of whatever kind associated with both sales or otherwise, incurred in connection with your failure to make payment; or 5.5.2.3 take any other appropriate action as we deem fit.

5.6 Failure to collect Where purchases are not collected within fourteen days after the sale, whether or not payment has been made, you will be required to pay a storage charge of HKD 30 per item per day plus any additional handling cost that may apply. You will not be entitled to collect the Lot until all outstanding charges are met, together with payment of all other amounts due to us.

5.7 Export License 5.7.1 You should always check whether an export licence is required before exporting.

5.7.2 Unless otherwise agreed by us in writing, the fact that you wish to apply for an export license does not affect your obligation to make payment within seven days nor our right to charge interest on late payment.

5.7.3 We will not be obliged to rescind a sale nor to refund any interest or other expenses incurred by you where payment is made by you despite the fact that an export license is required.

5.8 Refund in the case of Forgery 5.8.1 A sale will be cancelled, and the amount paid refunded to you if a Lot (other than a miscellaneous item not described in the catalogue) sold by us proves to have been a Forgery. We shall not however be obliged to refund any amounts if either (a) the catalogue description or saleroom notice at the auction date corresponded to the generally accepted opinion of scholars or experts at that time, or fairly indicated that there was a conflict of opinions, or (b) it can be demonstrated that the Lot is a Forgery only by means of either a scientific process not generally accepted for use until after publication of the catalogue or a process which at the date of the auction was unreasonably expensive or impracticable or likely to have caused damage to the Lot. Furthermore, you should note that this refund can be obtained only if the following conditions are met: 5.8.1.1 you must notify us in writing, within seven days of the auction date, that in your view the Lot concerned is a forgery; 5.8.1.2 you must then return the item to us within fourteen days, in the same condition as at the auction date; and 5.8.1.3 as soon as possible following return of the Lot, you must

produce evidence satisfactory to us that the Lot is a Forgery and that you are able to transfer good title to us, free from any third party claims.

5.8.2 In no circumstances shall we be required to pay you any more than the amount paid by you for the Lot concerned and you shall have no claim for interest.

5.8.3 The benefit of this guarantee is not capable of being transferred, and is solely for the benefit of the person to whom the original invoice was made out by us in respect of the Lot when sold and who, since the sale, has remained the owner of the Lot without disposing of any interest in it to any third party.

5.8.4 We shall be entitled to rely on any scientific or other process to establish that the Lot is not a Forgery, whether or not such process was used or in use at the date of the auction.

6 LIABILITY Nothing in these Terms and Conditions limits or excludes our liability for: 6.1 death or personal injury resulting from negligence; or 6.2 any damage or liability incurred by you as a result of our fraud or fraudulent misrepresentation.

7 COPYRIGHT 7.1 We shall have the right (on a non-exclusive basis) to photograph, video or otherwise produce an image of the Lot. All rights in such an image will belong to us, and we shall have the right to use it in whatever way we see fit.

7.2 The copyright in all images, illustrations and written material relating to a Lot is and shall remain at all times our property and we shall have the right to use it in whatever way we see fit. You shall not use or allow anyone else to use such images, illustrations or written material without our prior written consent.

8 NOTICES All notices given under these Terms and Conditions may be served personally, sent by 1st class post, or faxed to the address given to the sender by the other party. Any notice sent by post will be deemed to have been received on the second working day after posting or, if the addressee is overseas, on the fifth working day after posting. Any notice sent by fax or served personally will be deemed to be delivered on the first working day following dispatch.

9 ADDITIONAL PROVISIONS 9.1 Limitation of Liability Subject to clause 6, we shall not be liable, whether in tort (including for

negligence) or breach of statutory duty, contract, misrepresentation or otherwise for any: 9.1.1 loss of profits, loss of business, depletion of goodwill and/or similar losses, loss of anticipated savings, loss of goods, loss of contract, loss of use, loss of corruption of data or information; or 9.1.2 any special, indirect, consequential or pure economic loss, costs, damages, charges or expenses.

9.2 Severability If any part of these Terms and Condition is found by any court to be invalid, illegal or unenforceable, that part may be discounted and the rest of the conditions shall continue to be valid and enforceable to the fullest extent permitted by law.

9.3 Force majeure We shall have no liability to you if we are prevented from, or delayed in performing, our obligations under these Terms and Conditions or from carrying on our business by acts, events, omissions or accidents beyond our reasonable control, including (without limitation) strikes, lock-outs or other industrial disputes (whether involving our workforce or the workforce of any other party), failure of a utility service or transport network, act of God, war, riot, civil commotion, malicious damage, compliance with any law or governmental order, rule, regulation or direction, accident, breakdown of plant or machinery, fire, flood, storm or default of suppliers or subcontractors.

9.4 Waiver 9.4.1 A waiver of any right under these Terms and Conditions is only effective if it is in writing and it applies only to the circumstances for which it is given. No failure or delay by a party in exercising any right or remedy under these Terms and Conditions or by law shall constitute a waiver of that (or any other) right or remedy, nor preclude or restrict its further exercise. No single or partial exercise of such right or remedy shall preclude or restrict the further exercise of that (or any other) right or remedy.

9.4.2 Unless specifically provided otherwise, rights arising under these Terms and Conditions are cumulative and do not exclude rights provided by law.

9.5 Law and Jurisdiction 9.5.1 These Terms and Conditions and any dispute or claim arising out of or in connection with them or their subject matter, shall be governed by, and construed in accordance with Hong Kong laws.

9.5.2 The parties irrevocably agree that the courts of Hong Kong shall have non-exclusive jurisdiction to settle any dispute or claim that arises out of, or in connection with, Terms and Conditions or their subject matter.

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