Banknotes, Bonds and Share Certificates and Coins of China, Hong Kong and other territories

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BANKNOTES, BONDS & SHARE CERTIFICATES AND COINS OF CHINA AND HONG KONG BANKNOTES, BONDS & SHARE CERTIFICATES

AND COINS OF CHINA AND HONG KONG

11-13 JANUARY 2013

69 Southampton Row, Bloomsbury, London WC1B 4ET www.spink.com

HONG KONG

© Copyright 2013

R

STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES

11-13 JANUARY 2013

HONG KONG

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GROUP CHAIRMAN AND CEO Olivier D. Stocker

SALE CALENDAR 2013

YOUR SPECIALISTS STAMPS UK - Tim Hirsch Guy Croton David Parsons Nick Startup Neill Granger Paul Mathews Dominic Savastano Tom Smith USA - George Eveleth EUROPE - Guido Craveri Fernando Martínez CHINA - Anna Lee Johnny Sang COINS UK - Paul Dawson Richard Bishop William MacKay Barbara Mears John Pett Eleanor Charlotte Dix USA - Stephen Goldsmith Matthew Orsini Normand Pepin CHINA - Mark Li BANKNOTES, BONDS & SHARES UK - Barnaby Faull Mike Veissid Andrew Pattison Tom Badley USA - Stephen Goldsmith Matthew Orsini CHINA - Mark Li ORDERS, DECORATIONS, MEDALS & MILITARIA UK - Mark Quayle Oliver Pepys BOOKS UK - Philip Skingley Bobby McBrierty AUTOGRAPHS USA - Stephen Goldsmith WINES

STAMPS 13 January 13 January 23 January 23 January 24 January 24 January 19 February 20 March 17 April 15 May 5 June 10/11 July 10 September 11 September 21 September

The Mizuhara Collection of Korean Stamps Fine Stamps and Covers of China and Hong Kong The Award Winning “Medina” Collection of India Part I. The Award Winning “Medina” Collection of Ceylon The “Lionheart” Collection of Great Britain and British Empire Specimen Stamps The Collector's Series Sale Australian States The Award Winning “Medina” Collection of Cape of Good Hope The Collector’s Series Sale The Award Winning “Medina” Collection of India Part II. Specialised Great Britain Sale The Collector’s Series Sale The Award Winning “Medina” Collection of India and States Part III. The Award Winning “Medina” Collection of Great Britain Stamps and Covers of South East Asia

Hong Kong Hong Kong London London London London London London London London London London London London Singapore

13008 13009 13021 13022 13010 13011 13023 13024 13031 13025 13026 13027 13028 13029 13030

Banknotes, Bonds & Share Certificates and Coins of China, Hong Kong and Other Territories The Collector’s Series Sale Ancient, British & Foreign Coins and Commemorative Medals The Collector’s Series Sale Ancient, British & Foreign Coins and Commemorative Medals Tibetan Coins from the Nick Rhodes Collection The Collector’s Series Sale North East Indian Coins from the Nick Rhodes Collection Ancient, British & Foreign Coins and Commemorative Medals

Hong Kong New York London New York London Hong Kong New York London London

13005 316 13012 316 13013 13020 317 13019 13015

Banknotes, Bonds & Share Certificates and Coins of China, Hong Kong and Other Territories The Collector’s Series Sale World Banknotes The Collector’s Series Sale The Collector’s Series Sale World Banknotes

Hong Kong New York London New York New York London

13005 316 13004 316 317 13018

Orders, Decorations, Campaign Medals & Militaria Orders, Decorations, Campaign Medals & Militaria Orders, Decorations, Campaign Medals & Militaria

London London London

13001 13002 13003

Banknotes, Bonds & Share Certificates and Coins of China, Hong Kong and Other Territories The Collector’s Series Sale Bonds and Share Certificates of the World The Collector’s Series Sale The Collector’s Series Sale Bonds and Share Certificates of the World

Hong Kong New York London New York New York London

13005 316 13016 316 317 13017

The Collector’s Series Sale The Collector’s Series Sale The Collector’s Series Sale

New York New York New York

An Evening of Exceptional Wines

Hong Kong

COINS 11/12/13 January 15/16 January 27 March 22/23 May 27 June 22 August 28/29 August 24 September 3 December

CHINA - Anna Lee Guillaume Willk-Fabia YOUR EUROPE TEAM (LONDON - LUGANO) Chairman’s Office Dennis Muriu Monica Kruber Directors Tim Hirsch Anthony Spink Auction & Client Management Team Miroslava Adusei-Poku Sandie Maylor Charles Blane Luca Borgo Rita Ariete Sarah Schmitz María Martínez Maurizio Schenini Finance Alison Bennet Marco Fiori Mina Bhagat Alison Kinnaird Billy Tumelty Claire Greenhill IT & Administration Berdia Qamarauli Attila Gyanyi Liz Cones Curlene Spencer John Winchcombe Harry Gladwin Tom Robinson Cristina Dugoni Giacomo Canzi YOUR AMERICA TEAM (NEW YORK) Chairman Emeritus John Herzog Auction Administration and Marketing & Design Lori Lewin Patricia Gardner Emily Cowin Clyde Townsend Finance & Administration Sam Qureshi Ingrid Qureshi Auctioneers Stephen Goldsmith YOUR ASIA TEAM (HONG KONG - SINGAPORE) Vice Chairman Anna Lee Administration Amy Yung Dennis Chan Newton Tsang Raymond Tat Gary Tan

BANKNOTES 11/12/13 January 15/16 January 9/10/11 April 22/23 May 28/29 August 1/2 October

MEDALS 25 April 25 July 21 November

BONDS AND SHARES 11/12/13 January 15/16 January 17 May 22/23 May 28/29 August 28 November

AUTOGRAPHS 15/16 January 22/23 May 28/29 August

316 316 317

WINES 13 January

The above sale dates are subject to change Spink offers the following services: – VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS – – SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

SFW02

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BANKNOTES, BONDS & SHARE CERTIFICATES AND COINS OF CHINA, HONG KONG AND OTHER TERRITORIES

11-13 January 2013 in Hong Kong and on

YOUR SPINK TEAM FOR THIS SALE

SALE LOCATION

FOR YOUR QUESTIONS ABOUT THE SALE LOTS

SPINK CHINA 9/F Malaysian Consulate Building, 50 Gloucester Road, Hong Kong tel +852 25 300 100 fax +852 25 266 128

Barnaby Faull bfaull@spink.com +44 (0)20 7563 4031 Mike Veissid mveissid@spink.com +44 (0)20 7563 4075

SALE DETAILS Friday 11 January 2013 Friday 11 January 2013 Saturday 12 January 2013 Sunday 13 January 2013

6.00 p.m.

6.30 p.m.

10.00 a.m.

10.00 a.m.

Lots 1-88 Lots 101-304 Lots 401-1459 Lots 1460-1638

In sending commission bids or making enquiries, this sale should be referred to as CONFUCIUS - 13005

VIEWING OF LOTS Viewing at 69 Southampton Row, London: Until 20 December 2012 by appointment only Viewing at 50 Gloucester Road, Hong Kong: Wednesday 9 January 2013 9.30 a.m.- 6.00 p.m.

Thursday 10 January 2013 9.30 a.m.- 6.00 p.m.

Friday 11 January 2013 9.30 a.m.- 5.00 p.m.

Spink is pleased to continue to offer Spink Live, the internet bidding service which has revolutionized the way in which our clients bid at auction. To get started, feel free to contact us today for personal assistance. Attila Gyanyi is available by e-mail: agyanyi@spink.com or tel: +44 (0)20 7563 4090.

Use this QR code to visit our online catalogue and leave proxy bids on Spink Live.

You can download the QR Code Reader for iPhone, Blackberry and Android from App Store on your smartphone

The Spink Environment Commitment: Paper from Sustainable Forests and Clean Ink For centuries Spink and its employees have been preserving and curating collectable items.

We now wish to play a modest role in preserving our planet, as well as the heritage of collectables, so future generations may enjoy both.

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Andrew Pattison apattison@spink.com +44 (0)20 7563 4044 William MacKay wmackay@spink.com +44 (0)20 7563 4048 Anna Lee china@spink.com +852 25 300 100 AUCTION TEAM FOR YOUR BIDS, SALE RESULTS AND CATALOGUE REQUESTS

Amy Yung china@spink.com +852 25 300 100 fax +852 25 266 128 Dennis Chan dchan@spink.com +852 25 300 100 Miroslava Adusei-Poku auctionteam@spink.com +44 (0)20 7563 4020 fax +44 (0)20 7563 4037 (until 10 January 2013) FOR YOUR INTERNET BIDDING

Newton Tsang ntsang@spink.com +852 25 300 100 FOR SHIPPING OF YOUR LOTS

Raymond Tat china@spink.com +852 25 300 100 To purchase a catalogue: email: catalogues@spink.com tel: +44 (0)20 7563 4108 fax: +44 (0)20 7563 4037 For more information about Spink services, forthcoming sales and sales results visit the Spink Website www.spink.com

FOR YOUR PAYMENT

china@spink.com +852 25 300 100 fax +852 25 266 128

Order of Sale DAY ONE FRIDAY 11 JANUARY 2013 Commencing at 6.00 p.m.

Lots COINS OF CHINA, HONG KONG AND OTHER TERRITORIES - China

1-88 1-39

- Hong Kong

40-44

- Coins of Other Territories

45-88

Commencing at 6.30 p.m.

BONDS AND SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES

101-304

CHINA - Foreign Loans

101-126

Internal Loans

127-145

Provincial Loans

146-157

Municipal Loans

158-160

Railways

161-163

Commercial and Industrial Companies of China, Hongkong, Taiwan and Manchuria

164-261

Hongkong and Shanghai Rubber Companies

262-297

French Indo-China

298-300

Korea

301-302

Thailand (Siam)

303-304

DAY TWO SATURDAY 12 JANUARY 2013 Commencing at 10.00 a.m.

BANKNOTES OF CHINA, HONG KONG AND MACAO THE D’ADAMO COLLECTION

401-615

- China

401-564

- Hong Kong

565-582

- Macao

583-595

WWW.SPINK.COM

January 11-13, 2013 - HONG KONG

Order of Sale - Mongolia

596-602

- Nepal

603

- Saint Thomas and Prince

604-605

- Sarawak

606-611

- Tibet

612

- Timor

613-615

THE KEITH AUSTIN ( ) COLLECTION BANK OF COMMUNICATIONS

616- 651

THE MICHAEL PHUA COLLECTION OF CHINESE BANKNOTES

652-1189 1190-1638

OTHER PROPERTIES CHINA

1190-1362

- Foreign Banks in China

1363-1459

DAY THREE SUNDAY 13 JANUARY 2013 Commencing at 10.00 a.m.

HONG KONG - Hong Kong Government

1460-1465

- Chartered Bank of India, Australia and China

1466-1500

- Hong Kong and Shanghai Banking Corporation

1501-1567

- Mercantile Bank of India Limited

1568-1583

- Standard Chartered Bank

1584-1591

- Miscellaneous

1592

Korea

1593-1595

Macao

1596-1633

Penang

1634-1635

Timor

1636-1638

5

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COINS OF CHINA, HONG KONG AND OTHER TERRITORIES

FRIDAY 11 JANUARY 2013 Commencing at 6.00 p.m. (Lots 1-88)

COINS OF CHINA, HONG KONG AND OTHER TERRITORIES CHINA

1

1

China, Empire, silver 8oz., Sycee, 317.7g, Shandong Qianliang Xiaobao, stamped with inscriptions, in three panels, two vertical, one horizontal (Cribb type XX), good very fine

HK$5,000-7,000

2 2

3

4

5

China, Empire, Chihli, Kuang-hsu (1875-1908), Dollar, year 33 (1907), inscription, rev. facing dragon (KM.Y73.2), about very fine

HK$1,200-1,500

China, Empire, Kwangtung, Kuang-hsu, 20-Cents, undated (1890-1908), dragon facing, rev. inscription (KM.Y201), in NGC holder graded AU details, harshly cleaned

HK$300-400

China, Empire, Kirin, Kuang-hsu, 50-Cents, inscription, rev. dragon (KM.Y182.1), in NGC holder graded AU details, surface hairlines, very fine

HK$500-800

China, Empire, Yunnan, Kuang-hsu, 50-Cents, undated (1908) (KM.253), fine

HK$400-600

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January 11-13, 2013 - HONG KONG

6

6 (x1.5)

6

7

China, Empire, Hsuan-t’ung (1908-11), Tientsin, pattern Dollar, year 3 (1911), inscription, rev. dragon coiled right around inscription (KM.Pn44; Kann 225), extremely fine, very rare

HK$50,000-60,000

China, Empire, Kwangtung, Hsuan-t’ung, 20-Cents, undated (1909-11), dragon facing, rev. inscription (KM.Y205), in NGC holder graded AU details, harshly cleaned

HK$150-200

7

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COINS OF CHINA, HONG KONG AND OTHER TERRITORIES

8 8

China, Republic, Kweichow, Auto Dollar, year 17 (1928), legend, rev. motor car (KM.Y428), cleaned, very fine

HK$25,000-35,000

9 9 (x1.5)

9

10

China, Republic, Yunnan, General T’ang Chi-yao, gold 10-Dollars, undated (1919), facing bust half left, inscription above, rev. crossed flags, star above, value below, inscription around (KM.Y482; Kann 1524), good very fine

HK$10,000-15,000

China, Republic, Yunnan, restruck Imperial coinage, 50-Cents, facing dragon, rev. inscription (KM.257), weakly struck, very fine

HK$700-900

11

11

12

12

China, Republic, Sun Yat-sen, Dollar, birth of the Republic, undated (1912), bust left, rev. inscription within wreath (KM.319), extremely fine

HK$2,500-3,500

China, Republic, Sun Yat-sen, birth of the Republic, Memento Dollar, undated (1927), bust of Sun Yat-sen left, rev. value within wreath (KM.Y318a.1), in NGC holder graded AU58

HK$800-1,000

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January 11-13, 2013 - HONG KONG

13

13 (x1.5)

13

China, Republic, Li Yuan-hung, Dollar, founding of the Republic, undated (1912), bust half left in uniform with cap, rev. inscription within wreath (KM.320), even grey tone, extremely fine

HK$50,000-60,000

14

14

China, Republic, Li Yuan-hung, Dollar, undated (1912), bust half left in uniform with cap, rev. inscription within wreath (KM.Y320), about extremely fine

9

HK$40,000-50,000

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COINS OF CHINA, HONG KONG AND OTHER TERRITORIES

15 15

16

16

China, Republic, Li Yuan-hung, Dollar, undated (1912), founding of the Republic, bust half left in military attire, rev. inscription within wreath (KM.Y321), good very fine

HK$9,000-12,000

China, Republic, Li Yuan-hung, Dollar, undated (1912), founding of the Republic, bust half left in military attire, rev. inscription within wreath (KM.Y321), sometime cleaned, very fine

HK$6,000-8,000

17

17

China, Republic, Li Yuan-hung, Dollar, undated (1912), founding of the Republic, bust half left in uniform, rev. inscription within wreath (KM.Y321), stains, very fine

HK$8,000-10,000

18

18

China, Republic, Chang Hsi-luan, medallic Dollar, undated (1912), uniformed bust facing, rev. flags, legend removed below (KM.M528), polished, very fine

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HK$3,000-4,000

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January 11-13, 2013 - HONG KONG

19

19 (x1.5)

19

China, Republic, Yuan Shih-kai, Dollar, founding of the Republic, undated (1914), Founding of the Republic, bust half left in uniform with plumed hat, rev. inscription within wreath (KM.322), light marks in fields, extremely fine

HK$10,000-14,000

20

20

China, Republic, Yuan Shih-kai, Dollar, undated (1918), founding of the Republic, bust in uniform with plumed hat facing, rev. inscription within wreath (KM.Y322.1), obverse fields tooled, good very fine

11

HK$5,000-8,000

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COINS OF CHINA, HONG KONG AND OTHER TERRITORIES

21

21

22

23

24

China, Republic, Yuan Shih-kai, Dollar, undated (1914), bust in uniform with plumed hat facing, rev. inscription within wreath (KM.Y322), extremely fine

HK$10,000-15,000

China, Republic, Yuan Shih-kai, Dollars (2), year 3 (1914), bust left, rev. inscription within wreath (KM.329), extremely fine, year 10 (1921), similar (KM.329.6), extremely fine (2)

HK$1,500-1,800

China, Republic, Yuan Shih-kai, Dollars (3), year 3 (1914) (2), bust left, rev. inscription within wreath (KM.329), good very fine, one stained on obverse, year 10 (1921), similar (KM.329.6), good very fine (3)

HK$1,200-1,500

China, Republic, Yuan Shih-kai, Dollars (3), year 3 (1914), year 9 (1920), year 10 (1921) (KM.329), very fine (3)

HK$1,200-1,500

25

25 (x1.5)

25

China, Republic, Hung-hsien, Dollar, inauguration, undated (1916), uniformed bust with plumed hat facing, rev. dragon flying left, inscription above and below (KM.332), a few light marks in reverse field, strong obverse, extremely fine WWW.SPINK.COM

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HK$25,000-30,000

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January 11-13, 2013 - HONG KONG

26 26

27

27

China, Republic, Hung-hsien, Dollar, inauguration, undated (1916), uniformed bust with plumed hat facing, rev. dragon flying left, inscription above and below (KM.332), some marks. sometime polished, about extremely fine

HK$12,000-16,000

China, Republic, Hung-hsien, Dollar, undated (1916), uniformed bust facing, rev. dragon flying left, inscription above and below (KM.Y322), polished, very fine

HK$15,000-20,000

28 28

29

29

China, Republic, Hsu Shih-chang, Dollar, year 10 (1921), bust half left in civilian attire, rev. pavilion, edge reeded (KM.K676), extremely fine

HK$14,000-18,000

China, Republic, Hsu Shih-chang, Dollar, year 10 (1921), bust facing half left in civilian attire, rev. pavilion (KM.K676), cleaned, nearly extremely fine

HK$10,000-12,000

30

30

China, Republic, Tsao Kun, Dollar, undated (1923), uniformed bust facing, rev. inscription between crossed flags (KM.678), cleaned, about extremely fine

13

HK$30,000-40,000

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COINS OF CHINA, HONG KONG AND OTHER TERRITORIES

31 31

China, Republic, Tuan Chi-jui, Dollar, undated (1924), facing bust in civilian attire, rev. inscription within wreath (KM.683), ink marks in places, hints of lustre, good extremely fine, rare

HK$60,000-80,000

32 32

China, Republic, Tuan Chi-jui, Dollar, undated (1924), facing bust in civilian attire, rev. inscription within wreath (KM.683), extremely fine

33

33

34

35

36

34

China, Republic, Dollar, year 21, 1932, bust of Sun Yat-sen left, rev. junk sailing right, rising sun to right, birds above (KM.Y344), almost extremely fine

HK$6,000-8,000

China, Republic, Dollar, year 23, 1934, bust of Sun Yat-sen left, rev. junk sailing right (KM.Y345), extremely fine

HK$800-1,000

China, Republic, Dollar, year 23 (1934), bust of Sun Yat-sen left, rev. junk sailing right (KM.Y345), in NGC holder graded AU55

HK$500-700

China, Republic, Dollar, year 23 (1934), bust of Sun Yat-sen left, rev. junk sailing right (KM.345), extremely fine

HK$600-800

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HK$50,000-70,000

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January 11-13, 2013 - HONG KONG

38 37

37

38

China, People’s Republic, gold 100 Yuan, 1989, XI Asian Games, stadium, rev. ribbon dancer (KM.Y203), in case of issue with certificate of authenticity, number 03573, as struck

HK$1,800-2,500

China, People’s Republic, gold one tenth ounce commemorative, 1993, Centenary of the birth of Mao Tse-tung, facing bust, rev. inscription, in NGC holder, graded MS69

HK$700-900

39

39

China, People’s Republic, proof 10 Yuan (4), 1992 (2), Leopard, crane (KM.455, 454), 1oz. silver Panda (2), 1994, 2005, 5 Yuan 1996, rev. caravan (KM.974), Macau, 100 Patacas, 1982, rev. dog (KM.25), one or two with light marks, otherwise as struck (6)

15

HK$1,200-1,600

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COINS OF CHINA, HONG KONG AND OTHER TERRITORIES

HONG KONG

40 40

Hong Kong, Victoria (1837-1901), Half-Dollar, 1866, diademed head left, rev. geometric design (KM.8), in NGC holder graded VF 35, fine/good fine

HK$2,000-3,000

41

41

42

43

Hong Kong, Victoria, 5-Cents (3), 1897, 1898, 1901, diademed bust left, rev. inscription (KM.5), in NGC holder, graded MS 64, Edward VII, 5-Cents, 1903, bust right, rev. inscription (KM.12), in NGC holder graded MS64 (4)

HK$800-1,000

Hong Kong, Victoria, Cent, 1901, crowned bust left, rev. inscription (KM.4.3), in NGC holder graded MS64 RB

HK$600-800

Hong Kong, Edward VII (1901-10), 50-Cents, 1905 (2), crowned bust right, rev. value (KM.15), good very fine (2)

HK$600-800

44

44

Hong Kong, Edward VII, Cent, 1905H, crowned bust right, rev. inscription (KM.11), in NGC holder graded MS64 BN

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HK$1,200-1,500

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January 11-13, 2013 - HONG KONG

COINS FROM OTHER TERRITORIES 45

British Trade Dollars (2), 1900B, Britannia standing, rev. geometric pattern (KM.T5), chop mark, about very fine, 1909B, similar, reverse chop mark, nearly very fine (2)

HK$500-700

46

British Trade Dollar, 1902B, Britannia standing, rev. geometric design (KM.T5), in NGC holder graded MS 62

HK$800-1,000

47

British Trade Dollar, 1902B, Britannia standing, rev. geometric design (KM.T5), very fine

HK$350-450

48

British Trade Dollar, 1908B, Britannia standing, rev. geometric design (KM.T5), good very fine

HK$500-600

46

49

49

50

51

52

53

54

50

British Trade Dollar, 1911B, Britannia standing, rev. geometric design (KM.T5), extremely fine

HK$1,000-1,300

British Trade Dollar, 1930, Britannia standing, rev. geometric design (KM.T5), in NGC holder graded MS 62

HK$9,000-12,000

British Trade Dollars (3), 1897, 1899, 1911 (KM.T5), the second with chop-marks, very fine (3)

HK$900-1,200

French Indo-China, Piastres (5), 1895, 1906 (2), 1907, 1913 (KM.5a.1), very fine or better (5)

HK$1,500-1,800

Japan, Meiji, Yen (3), yr.30, 45, Taisho yr.3 (KM.A25.3, 38), the last with stain, extremely fine (3)

HK$1,500-1,800

Japan, Meiji, Yen (4), yr.45 (2), Taisho yr.3 (2) (KM.A25.3, 38), very fine or better (4)

HK$1,500-1,800

17

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COINS OF CHINA, HONG KONG AND OTHER TERRITORIES

55 55

56

57

58

59

60

61

62

63

Japan, Meiji, 50-Sen year 31 (1898), dragon, rev. inscription within wreath (KM.25), extremely fine

HK$300-400

Japan, Meiji, 50-Sen (2), year 32, 33 (KM.Y25) very fine, 20-Sen (KM.Y25), nearly very fine, 10-Sen (2) (KM.Y23), nearly very fine, 5-Sen (KM.Y19), about very fine, 2-Sen (KM.Y18.2), about very fine, Sen (2), (KM.17.1, 17.2), very fine, China, Republic, Yuan Shih-kai, 10-Cents, year 3 (KM.326), nearly very fine; Korea, Quarter-Yang, year 2 (1898) (KM.1117), extremely fine (10)

HK$900-1,200

Myanmar (Burma), Pyu kingdom of Beikthano (c.3rd century-600), Silver Units (11), rising sun, 7 rays above horizon and 7 rays below horizon (1), 5 rays above and 5 below (1), 5 rays above horizon and 4 rays below (2), 6 rays both sides (7), rev. temple in the shape of a srivatsa (Mitch.SEA.265-290), very fine (11)

HK$5,000-6,000

Myanmar (Burma), Pyu kingdom of Beikthano (c.3rd century-600), Silver Units (10), rising sun, 6 rays above horizon and 6 rays below, rev. temple in the shape of a srivatsa (Mitch.SEA.265-290), very fine (10)

HK$5,000-6,000

Myanmar (Burma), Pyu kingdom of Beikthano (c.3rd century-600), Silver Units (10), rising sun, 6 rays above horizon and 6 rays below, rev. temple in the shape of a srivatsa (Mitch.SEA.265-290), very fine (10)

HK$5,000-6,000

Myanmar (Burma), Pyu kingdom of Beikthano (c.3rd century-600), Silver Units (10), rising sun, 6 rays above horizon and 6 rays below, rev. temple in the shape of a srivatsa (Mitch.SEA.265-290), very fine (10)

HK$5,000-6,000

Myanmar (Burma), Pyu kingdom of Beikthano (c.3rd century-600), Silver Units (10), rising sun, 6 rays above horizon and 6 rays below, rev. temple in the shape of a srivatsa (Mitch.SEA.265-290), very fine (10)

HK$5,000-6,000

Myanmar (Burma), Pyu kingdom of Srikshetra (c.600-37), Silver Units (2), FractionalUnits (2), ribboned damaru with five ornaments above, rev. curved conch within srivatsa (Mitch.SEA.411-423), watery strike from worn dies, fine (4)

HK$1,200-1,500

Myanmar (Burma), Pyu kingdom of Srikshetra (c.600-37), Fractional-Units (6), ribboned damaru with five ornaments above, rev. curved conch within srivatsa (Mitch.SEA.411-423), watery strike from worn dies, fine (6)

HK$1,500-1,800

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January 11-13, 2013 - HONG KONG

64

64

65

66

67

68

69

70

71

Myanmar (Burma), Pyu kingdom of Srikshetra, Halin sub-series (c.600-37), Silver Unit, ribboned damaru with three ornaments above, rev. curved conch within srivatsa (Mitch.SEA.424-5), very fine

HK$1,500-1,800

Myanmar (Burma), Pyu kingdom of Srikshetra (c.638-800), Silver Units (3), Half-Unit, Quarter-Units (3) garlanded damaru with 5 beads above, rev. temple in the shape of a srivatsa containing a stupa of nine pellets (Mitch.SEA.426-450), fine to very fine (7)

HK$3,500-4,500

Myanmar (Burma), Pyu kingdom of Srikshetra (c.638-800), Silver Units (4), QuarterUnits (4) garlanded damaru with 5 beads above, rev. temple in the shape of a srivatsa containing a stupa of nine pellets (Mitch.SEA.426-450), fine to very fine (8)

HK$3,500-4,500

Myanmar (Burma), Pyu kingdom of Srikshetra (c.638-800), Silver Quarter-Units (12) garlanded damaru, rev. temple in the shape of a srivatsa containing a stupa of nine pellets (Mitch.SEA.426-450), fine to very fine (12)

HK$2,500-3,500

Myanmar (Burma), Pyu kingdom of Srikshetra (c.800-35), Silver Units (8), garlanded damaru with 5 beads above, rev. temple in the shape of a srivatsa containing an axial pole and eight pellets (Mitch.SEA.451-468), very fine (8)

HK$4,000-5,000

Myanmar (Burma), Pyu kingdom of Srikshetra (c.800-35), Silver Units (8), garlanded damaru with 5 beads above, rev. temple in the shape of a srivatsa containing an axial pole and eight pellets (Mitch.SEA.451-468), very fine (8)

HK$4,000-5,000

Myanmar (Burma), Pyu kingdom of Srikshetra (c.800-35), Silver Units (8), garlanded damaru with 5 beads above, rev. temple in the shape of a srivatsa containing an axial pole and eight pellets (Mitch.SEA.451-468), very fine (8)

HK$4,000-5,000

Myanmar (Burma), Pyu kingdom of Srikshetra (c.800-35), Silver Quarter-Units (12), garlanded damaru, rev. temple in the shape of a srivatsa containing an axial pole and eight pellets (Mitch.SEA.451-468), one chipped, fine to very fine (12)

HK$3,500-4,500

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COINS OF CHINA, HONG KONG AND OTHER TERRITORIES

72

72

Myanmar (Burma), Mon kingdom of Syriam (Temala) (c.4th century), Units (2), fat round conch within beaded border, rev. temple in the shape of a srivatsa (Mitch.SEA.469477), weakly struck, fine, rare (2)

HK$3,000-4,000

73

73

74

75

Myanmar (Burma), Tenasserim (c.18th century), Lead Weight, 304g, Hantha bird, rev. legend (Robinson & Shaw p.38, Phayre pl.3), very fine for issue, scarce

HK$1,400-1,800

Myanmar (Burma), Tenasserim (c.18th century), Lead Weight, 300g, Hantha bird, rev. legend (Robinson & Shaw p.38, Phayre pl.3), very fine for issue, scarce

HK$1,400-1,800

Myanmar (Burma), Tenasserim (c.18th century), tin/lead Units (2), 53.38g, 34.77g, stylised mythical beast right, rev. Burmese legend (Robinson & Shaw 6.4), two variants of scarce type, edges a little irregular, the second holed, very fine and good fine (2)

HK$2,200-2,500

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76

76

77

Myanmar (Burma), Pegu (c.18th century), tin/lead Units (6), stylised Hantha bird, rev. blank, large size, all different (Robinson & Shaw 6.1), good fine (6)

HK$900-1,200

Myanmar (Burma), Pegu (c.18th century), tin/lead Units (23), stylised Hantha bird, rev. blank, a good mix of types (Robinson & Shaw 6.1), good fine (23)

HK$1,500-1,800

78

78

79

80

81

82

Myammar, (Burma), Chittagong, First Arakanese occupation, Basawpyu (1459-82), Tanka, in the name of Nasir al-Din Mahmud Shah (Mitch. Land of Water 236), fine, rare; (c.16th century), Tanka, legend unclear (cf Mitch. Land of Water 236), about fine (2)

HK$1,800-2,200

Myanmar (Burma), Arakan, Narapadigyi (1638-45), Tanka, second issue, mintless type, BE1000; Sanda Thudhamma (1652-84), Tankas, BE1014 (2), late issue Tanka, BE1014 (Mitch. Land of Water 357, 364, 368), the issue of Narapadigyi rare, fine or better (4)

HK$1,500-1,800

Myanmar (Burma), Arakan, Sanda Thudhamma, Tankas, BE1014 (2), late issue Tanka, BE1014; Sanda Wizaya (1710-31), Tanka, BE1072 (Mitch. Land of Water 364, 368, 379), about fine to very fine (4)

HK$1,200-1,500

Myanmar (Burma), Arakan, Sanda Thuriya (1731-34), Tankas (2), BE1093; Abhaya (1764-73), Tankas (3), BE1126; Bodawpaya, King of Ava (1784), Tankas (3), BE1146 (Mitch. Land of Water 383, 396, 407), fine to very fine (8)

HK$2,000-2,500

Myanamr (Burma), Arakan, Abhaya, Tankas (8), BE1126 (Mitch. Land of Water 396), fine to very fine (8)

HK$1,600-2,000

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COINS OF CHINA, HONG KONG AND OTHER TERRITORIES 83

84

85

Myanmar (Burma), Arakan, Bodawpaya, King of Ava, Tankas (19), BE1146 (Mitch.

Land of Water 406-9), fine to very fine (19)

HK$2,500-3,000

Myanmar (Burma), Arakan, Bodawpaya, King of Ava, Tankas (18), BE1146 (Mitch.

Land of Water 406-9), fine to very fine (18)

HK$2,500-3,000

United States of America, Lincoln Cent, mis-strike, 15% off-centre (KM.201b), uncirculated

HK$100-200

86 86

United States of America, Lincoln Cent, mis-strike, 40% off-centre (KM.201b), uncirculated

HK$200-300

87 87

Viet Nam, Thieu Tri (1841-48), 7-Tien, undated, four large characters around radiate sun, rev. dragon left (KM.290), extremely fine

HK$5,000-6,000

88 88

Viet Nam, Khai Dinh (1916-25), ยก medallic 7-Tien, undated, four characters around flaming sun, rev. dragon left (KM.M3.1), some old light scratches, obverse cleaned, reverse toned, about extremely fine, rare

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HK$6,000-8,000

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES

FRIDAY 11 JANUARY 2013 BONDS & SHARE CERTIFICATES (Lots 101-304) Commencing at 6.30 p.m.

All Sales are subject to the Terms and Conditions for Buyers printed at the back of this catalogue.

Estimates The estimated selling price of each lot is printed below the lot description and does not include the 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.

Notes on Cataloguing Dates in the catalogue are shown thus – 18[95] – where the 18 is printed and the numbers in brackets are inserted by hand.

Serial numbers of lots are shown in most cases.

FOREIGN LOANS

101 1898, 41⁄ 2 % Gold Loan, £25 bond, no.001186, issued by the Hongkong and Shanghai Banking Corporation, large format, ornate border, red and black, red chop in centre, with coupons, heavy centre folds with small chips in left edge, fine HK$2,500-3,000

102 1898, 41⁄ 2 % Gold Loan, £50 issued by the Hongkong and Corporation, large format, ornate black, red chop in centre, with slightly ragged, about very fine

bond, no.001298, Shanghai Banking border, orange and coupons, left edge HK$2,500-3,000

103 1898 41⁄ 2 % Gold Loan, bond for £50, no.1036, issued by the Hongkong and Shanghai Banking Corporation, large format piece with text in English and German, orange and black, with coupons, split along centre fold with old tape repair, oil from the tape has stained the paper, fine and scarce HK$1,800-2,200 WWW.SPINK.COM

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104 1898, 41⁄ 2 % Gold Loan, unissued £25 bond from the reserve stock, issued by the Deutsch-Asiatische Bank, large format, ornate border, red and black, not numbered, no red chop in centre, with all coupons, almost uncirculated HK$4,000-4,500

108 Chinese Imperial Railway 5% Gold Loan, 1899, bond for £100, no.06109, very large format piece with ornate border, text all in English, brown with pale blue underprint, with coupons, slightly ragged left edge but otherwise good very fine and better than average condition HK$1,500-1,800

105 1898 41⁄ 2 % Gold Loan, a part set of bonds for £25, £50 and £100, issued by the Deutsch-Asiatische Bank, 6 examples of each, large format, red, orange and brown respectively, with coupons, all hole cancelled, varied condition with some minor repairs, generally fine and better (18) HK$1,500-2,000 106 1898 41⁄ 2 % Gold Loan, a part set of bonds for £25, £50 and £100, issued by the Deutsch-Asiatische Bank, 6 examples of each, large format, red, orange and brown respectively, with coupons, all hole cancelled, varied condition with some minor repairs, generally fine and better (18) HK$1,500-2,000 107 1898 41⁄ 2 % Gold Loan, a part set of bonds for £25, £50 and £100, issued by the Deutsch-Asiatische Bank, 6 examples of each, large format, red, orange and brown respectively, with coupons, all hole cancelled, varied condition with some minor repairs, generally fine and better (18) HK$1,500-2,000

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES

111 1911 5% Imperial Railway Loan, bond for 1000 yen, no.004062, 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, couple of edge nicks at top, good very fine HK$2,000-2,500

109 1908 5% Gold Loan, bond for £20 issued by the Hongkong and Shanghai Banking Corporation in 1909, no.B025248, walled city of Peking at top, green and black, printed by Waterlow & Sons, no coupons remain as usual, colour somewhat faded but good very fine and scarce HK$2,500-3,000

110 1911 5% Imperial Railway Loan, bond for 500 yen, no.001292, issued by the Yokohama Specie Bank, ornate border, Chinese dragons at top, mauve and black, pale green underprint, text in Chinese with English on the reverse, with coupons, very fine to extremely fine HK$2,000-2,500

112 Republic of China, 1912 6% Treasury Bills, issued by the Deutsch-Asiatische Bank, bond for 1000 Shanghai taels or 2745 marks, Lit B, no.102 (K. 269B), brown with yellow underprint, large red ‘chop’ in centre, very fine and rare HK$12,000-15,000

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113 Chinese Central Government, 1913 6% ‘Austrian’ Loan, £1000 bond, no.164, of 300 issued, large format piece, green and black, red ‘chop’ in centre, with coupons, heavy centre fold, fine to very fine and rare HK$25,000-30,000

114 Chinese Central Government, 1913 6% ‘Austrian’ Loan, £50 bond, no.5579, large format piece, mauve and black, red ‘chop’ in centre (Kuhlmann 310), with coupons, about very fine and scarce thus HK$18,000-20,000

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES

115 Chinese Central Government, 1913 6% ‘Austrian’ Loan, bond for £50, no.3536, large format piece with ornate border, mauve and black, red ‘chop’ in centre, no coupons remain, tiny chip from bottom edge, very fine and rare HK$18,000-20,000

116 1913 5% Reorganisation Gold Loan, bond for £20 or 189.40 roubles, issued by the Deutsch-Asiatische Bank, ‘Mercury’ at top, peasants and buildings at either side, brown and black, printed by Waterlow & Sons, with coupons, central fold, about extremely fine HK$1,500-1,800

117 1918, 8% Treasury ‘Marconi’ Bills, bond for £100, number 000088, ornate border, red and black, yellow underprint, on poor quality paper, with coupons, a few edge tears without any loss of paper, good fine and a desirable number HK$1,000-1,200

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118 1919 8% 10-Year Sterling Treasury Notes ‘Vickers Loan’, bond for £100, number 0008, dockside vignette, green and black, with coupons, about very fine and a desirable number HK$800-1,000

120 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 HK$1,800-2,200 121 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 HK$1,800-2,200 122 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 HK$1,800-2,200 119 1925 8% ‘Skoda’ Loan, bond for £1000, no.0026975, ornate border, red and black, ‘chop’ in centre, with coupons, about extremely fine HK$2,500-3,000

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES

123 1936, 6% Shanghai Hangchow Ningpo Completion Loan, a pair of bonds for £50 and £100, large format with vignette of Sun Yat sen in top right corner, medallion of value in top left corner, green, red and blue and brown, green and blue respectively, with coupons, very fine to extremely fine (2) HK$1,500-1,800 124 1936, 6% Shanghai Hangchow Ningpo Completion Loan, a pair of bonds for £50 and £100, large format with vignette of Sun Yat sen in top right corner, medallion of value in top left corner, brown, green and brown respectively, with coupons, about extremely fine (2) HK$1,500-1,800

125 1937 Secured Sinking Fund Bond (Pacific Development Loan), bond for US$1000, no.M2377, pagoda at top, blue and black, with coupons, ABNCo. printing (K.952), good very fine HK$3,000-3,500 126 A small group of ‘foreign’ loans, comprising 1898 41⁄ 2 % Gold Loan, £100 bond, issued by the Hongkong and Shanghai Banking Corporation; 1908 TientsinPukow Railway, £100 bond, English issue; 1913 Lung Tsing U Hai Railway, £20 bond; 1920 Lung Tsing U Hai Railway, 500 francs, and 1922 Railway Equipment Loan, £20 bond, all with coupons, the last two with small edge tears otherwise generally about very fine (5) HK$1,000-1,200

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INTERNAL LOANS

127 1912 Provisional Government, 8% Public Loan for the Military requirements of the Republic, part set of bonds for 5, 10 and 100 dollars, ornate borders, brown and green, red, green and yellow respectively, with red ‘chops’ in centre, text in Chinese with English on the reverse, with coupons, very fine to extremely fine (3) HK$2,500-3,500

128 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 HK$4,000-5,000

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES

131 1921 Farmers and Commerce Ministry Loan, variable interest bond for 10 yuan, no.35575, ornate border, brown and black with pink underprint, red ‘chop’ in centre, with coupons, extremely fine HK$1,000-1,200

129 1915 Chung Hwa Revolutionary Party, Fund Raising Bonds, 3rd series, 10 yuan, no.50115, with facsimile signature of Sun Wen (Sun Yat sen), orange and black, only partly issued, text all in Chinese, near extremely fine HK$5,000-6,000

130 Chinese Government 6% Internal Loan of 1916, bond for $10, no.0230278, ornate border, mauve and black, pale blue underprint, red ‘chop’ in centre, text in Chinese with English on the reverse, no coupons remaining, good very fine and rare HK$2,000-3,000

132 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) HK$1,000-1,500 This loan was issued in 5 series, the first redeemable in 2 years and increasing by 6 months leaving the 5th series redeemable in 4 years

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January 11-13, 2013 - HONG KONG 133 1936 United Nationalist Loan, a group of seven bonds comprising 1st issue, 100 yuan, 3rd issue, 100 yuan, 4th issue, 100 yuan and 1000 yuan and 5th issue, 10, 100 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 corner otherwise very fine to extremely fine. (7) HK$2,000-3,000

136 1940 29th Year Reconstruction Gold Loan, a group of bonds for US$5 (1), US$10 (10) and US$100 (1), attractive pieces with steam train, bridge and dam, sea wall and mining tools, blue, mauve and red, text in Chinese and English, with coupons, fine to very fine, the $100 scarce (12) HK$1,200-1,500

134 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) HK$800-1,000

137 1942 Allied Victory U.S. Dollar Loan, a group of 70 bonds of $20, small format pieces with steamship at left, steam train at right, blue and black, red ‘chop’ in centre, with coupons, mostly very fine and better (70) HK$3,000-3,500

138 1942 Allied Victory Loan, bond for $1000, no.193131, City view at bottom, aircraft at top, brown and black with pale blue underprint, text in Chinese and English, with coupons, light damp stain and small hole in coupon sheet, very fine and scarce denomination HK$600-800

135 1940 29th Year Reconstruction Gold Loan, bond for US$100, First Issue, no.027091, several vignettes of steam trains, mining tools and roadways, red yellow underprint, text in Chinese with English on the reverse, with coupons, single fold otherwise extremely fine and a scarce denomination HK$800-1,000 33

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES

140 1944 33rd Year Allied Victory Loan, a group of 3 specimen bonds for 200 yuan, all numbered 0000000 in red, the people raising their hands to a female holding a lamp, ‘V’ with wings at top, green and red, with all coupons, about extremely fine (3) HK$1,000-1,500

139 1943, 32nd Year Allied Victory Loan, bond for 500 yuan, no.78295, winged ‘V’ at top, soldiers and people holding burning torch above their heads, red, blue and black, yellow underprint, with coupons, good very fine and despite the high serial numbers a scarce issue HK$800-1,000

141 1954 National Economic Construction Loan, a presentation book of specimen bonds for 10,000, 20,000, 50,000, 100,000 and 500,000 yuan, vignettes of combine, truck, steelworks, harvest and steam train, with coupons, tipped on to 5 different pages, blue cloth covers, with Government Printing Bureau on the front in silver, about extremely fine (5) HK$4,000-5,000

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143 1956 National Economic Construction Loan, a presentation book of uniface obverse and reverse specimen bonds for 1, 2, 5, 10, 50 and 100 yuan, similar designs to the last in different colours, brown card covers, red cloth spine, with Government Printing Bureau on the front, a generally clean copy, the contents of which are extremely fine (12) HK$4,000-5,000

142 1955 National Economic Construction Loan, a presentation book of uniface obverse and reverse specimen bonds for 10,000, 20,000, 50,000, 100,000, 500,000 and 1,000,000 yuan, ornate borders and Chinese characters for the first three denominations, excavator, combine harvester and steelworks for the remainder, all numbered 0000000, green cloth covers, with Government Printing Bureau on the front, rear cover and some inside pages affected by worm, occasionally just touching the margin of the bonds, otherwise extremely fine (12) HK$4,000-5,000

144 1957 4% National Economic Construction Loan, an attractive presentation book of uniface obverse and reverse specimen bonds for 1, 2, 5, 10, 50 and 100 yuan, vignettes of harvesting, lumber, surveying, road transport, a newly built dam and a factory complex, varying shades of reds and browns, all numbered VII 0000000, with coupons, brown card covers with Government Printing Bureau on the front, slight discolouration where bonds attached on each page otherwise about extremely fine (12) HK$5,000-6,000 35

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES

PROVINCIAL LOANS

145 1958 National Economic Construction Loan, an attractive presentation book of uniface obverse and reverse specimen bonds for 1, 2, 5, 10, 50 and 100 yuan, similar to the last but without coupons, vignettes of harvesting, lumber, surveying, road transport, a newly built dam and a factory complex, varying shades of reds and browns, all numbered VIII 0000000, no coupons, brown card covers with Government Printing Bureau on the front, extremely fine (12) HK$4,500-5,500

146 Chekiang Province, 1936, 6% Reconstruction Loan, vignettes of agriculture, steam train and bridge over the Chien Tang, mauve, blue and red, and green, blue and red, both with coupons, very fine (2) HK$1,500-2,000

147 Fukien Province, Short Term Treasury Note, 100 yuan, 1920, no.002978, small format piece with large red ‘chop’ in centre, text all in Chinese, with all three coupons, about extremely fine HK$1,500-2,000 WWW.SPINK.COM

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January 11-13, 2013 - HONG KONG 150 Fukien Province, 29th Year (1940) Productivity and Construction Loan, a specimen bond for 1000 yuan, ornate border, mauve and brown, yellow underprint, on thick paper, not numbered, with all coupons, corners a little rounded but about extremely fine and rare HK$1,500-2,000

151 Fukien Province, 29th Year (1940) Productivity and Construction Loan, a specimen bond for 10,000 yuan, ornate border, blue and red, yellow underprint, on thick paper, numbered 000000, with all coupons, corners rounded, about extremely fine and rare HK$1,500-2,000 148 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 HK$1,200-1,500

152 Hupeh Province, 23rd Year (1934) 6% Reconstruction Loan, bond for 5 yuan, no.095726, Sun Yat sen at top centre with flags at either side, ornate borders, brown, blue and red, pale green underprint, text all in Chinese, with coupons, very fine HK$1,200-1,500 149 Fukien Province, 29th Year (1940) Productivity and Construction Loan, a specimen bond for 100 yuan, ornate border, green and red, yellow underprint, on thick paper, numbered 000000, with all coupons, corners a little rounded but no folds and therefore about extremely fine HK$1,500-2,000 37

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES

153 Hupei Province, 24th Year (1935) 6% Loan, a set of 3 bonds for 5, 10 and 100 yuan, attractive borders with Sun Yat sen in blue at top right, motor cars being driven along country roads at bottom, various colours, all with red ‘chop’ marks and coupons, the 10 and 100 have rust marks at the top left, otherwise very fine (3) HK$1,000-1,500

155 Kwangtung Provincial Government, 8% Public Lottery Loan for the Development of Local Industries, a group of bonds for 10 dollars (50) and pairs of half bonds of $5 each (18 = 36 half bonds), ornate borders, text in Chinese with English on the reverse, mauve and red respectively, mostly with all coupons intact, generally very fine to extremely fine (68) HK$3,000-4,000

154 Kiangsu Province, 6% Public Water Loan, 1934, bond for 10 yuan, no.063410, very attractive piece with vignette of Sun Yat sen at left, river view with dredger, water installation and boats, blue, orange underprint, red ‘chop’ in centre, text all in Chinese, with coupons, near very fine and rare despite the large serial number HK$2,000-3,000 156 Kwang Tung Province 8% Reorganisation Loan, 1921, bond for 10 dollars, no.274509, ornate border, red, yellow underprint, text in Chinese with English on the reverse, with coupons, folds, about very fine HK$1,000-1,200 WWW.SPINK.COM

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MUNICIPAL LOANS

157 Province of Shansi, 6% Reorganization Loan, bond for 5 yuan, 1926, no.106782, ornate border, green and red with pale mauve underprint, with coupons, text all in Chinese, red ‘chop’ in centre, good very fine HK$1,000-1,200 158 City Government of Greater Shanghai, 7% Shanghai Rehabilitation loan, 1932, bond for $1000 Shanghai currency, no.D0632, large format piece with ornate borders, brown and black, text all in English, with coupons, very fine to extremely fine and rare HK$7,000-9,000

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES

RAILWAYS

159 Shanghai Municipal Council, 6% Loan of 1926, debenture for 100 taels, dated 1927, no.D19953, Shanghai Council buildings in centre, ornate border, yellow and black, printed by Waterlow & Sons, endorsement of conversion to Chinese currency in 1943, good very fine HK$800-1,000

160 Shanghai Municipal Council, 6% Loan of 1926, debenture for 100 taels, dated 1927, no.D19241, Shanghai Council buildings in centre, ornate border, yellow and black, printed by Waterlow & Sons, endorsement of conversion to Chinese currency in 1943, good very fine HK$800-1,000

161 Canton Hankow Railway Co. (Kwong-Tung Yueh-Han), certificate for 5 yuan shares, 1914, very attractive piece with vignette of large station building in centre flanked by vignettes of steam engine and 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 locomotive’s tender, very fine and scarce HK$20,000-24,000

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COMMERCIAL AND INDUSTRIAL COMPANIES OF CHINA, HONGKONG, TAIWAN AND MANCHURIA 164 Aka Dine Wood Products Co. Ltd., pair of certificates for 1 and 5 shares (blue) of 1000 yen, Showa 18, issued to Chinese shareholders, ornate borders, green and black and blue, green and black, together with Yuan Shan Thermal Spring Co. Ltd., 50 gold yen shares, 7 Showa (1932), ornate border, logo at top, green and black with yellow underprint, very fine to extremely fine (3) HK$1,000-1,200

162 Peking-Hankow Railway Employee Loan, 1934, a part set of bonds for 5, 50 and 100 yuan, ornate border, brown with various colour underprints, text all in Chinese, with coupons, fine to very fine, the 5 yuan is scarce (3) HK$1,000-1,500

165 Asia Realty Co., of Shanghai, first mortgage 6% debenture, 1930, for 1000 taels, no.0472, American eagle at top, ornate border, brown and black, with coupons, good very fine HK$700-900

163 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 HK$1,200-1,500

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166 Bank of China, 10 shares of 100 yuan, 1915, ornate border, red and black, 4 pages, text all in Chinese, light surface marks, very fine and scarce HK$8,000-10,000 167 Belgian Companies in China: A small collection, comprising Compagnie de Tramways & D’Eclairage de Tientsin, ordinary share, plus ‘bon provisiore’, both 1919; Compagnie Generale de Chemins de Fer et de Tramways en Chine, 250 franc share, 1920; Societe Belge d’Entreprises en Chine, 500 franc share, 1924; Compagnie Financiere Belgo-Chinoise, founders share, both issued and unissued examples and 50 dollar shares, both with and without coupons, and others (4), very fine to extremely fine (12) HK$800-1,000

168 Burkill Trusts Ltd., 10 dollar shares, [1933], no.2, of only 500 shares issued, ornate border, brown, very fine and scarce HK$800-1,000

169 Chai On Marine Insurance Co. Ltd., certificate for $100 shares, 1895, typical early Chinese format with text all in Chinese, ornate border, black and red, embossed seal, very fine and scarce HK$10,000-15,000

170 Canton Da Sheng Faeces Clearing Company, certificate for shares, total $200, 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 HK$3,500-4,500

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171 Cheong Wah Co. Ltd., Hong Kong, a group of 10 unissued certificates for $100 shares, 19- (circa 1932), ornate border with vignettes on each side of Chinese buildings and bridges, black, English on the obverse with Chinese on the reverse, generally extremely fine (10) HK$800-1,000

173 China Agency and Trading Company, San Francisco, $45 shares, 19[18], no.188, ornate border, red, green and black, some text in Chinese, very fine and scarce HK$800-1,000

172 China Import & Export Lumber Co. Ltd., 10 tael shares, 19[41], no.6253, ornate border, brown, text mostly in English but with some Chinese characters, liquidation stamp at top left, very fine HK$1,500-1,800

174 China Fibre Container Company (Fed. Inc. U.S.A.), $1 shares, [1947], no.4506, ornate border, blue, adhesive Chinese revenue stamps at left, very fine HK$800-1,000

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175 Chinese National Sugar Refining Co., 10 shares, 1922, no.3987, attractive design with factory, cane fields, scrollwork and company trademark, mauve with pale green underprint, adhesive revenue stamp, very fine HK$2,000-2,500

177 Chung Yuan Yarn-Dye Co., 500 shares of 10 yuan, 1942, no.00334, ornate border with company logo at top, cherubs at bottom left and right, brown and black, red seal, good very fine HK$600-800

176 Chung Wai Bank Ltd., ornate border, brown and red with yellow underprint, text in Chinese but title in English at top and within the embossed seal, heavy folds, fine to very fine HK$3,000-3,500

178 Chung Hwa Development Corporation Ltd., $ shares, 1944, no.1834, ornate border with scrollwork, grey with pink underprint, red seal, text in Chinese with name in English in medallion at top, very fine HK$6,000-8,000

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179 Commercial Bank Corporation of India & the East, ÂŁ25 share, 1864, no.2636, black printing on pink paper, extremely fine HK$1,500-2,000

181 Culty Dairy Co. Ltd., 10 tael shares, 19[38], no.A747, ornate border, brown and black, text in English with title also in Chinese, printed in Shanghai, very fine HK$800-1,000

Incorporated by Royal Charter in 1864. Opened branches in China, Japan, Malaya and India. Failed in the wake of the Overend, Gurney crash of 1866. Prepared banknotes for issue (see Spink, lot 1701, January 2007)

180 Compagnie Generale de Chemins de Fer et de Tramways en Chine, a group of 13 certificates for 250 franc shares, Brussels 1920, vignettes of railway bridge and buildings, ornate border, orange-brown and black, with coupons, hole cancelled over signatures, generally extremely fine or nearly so (13) HK$1,200-1,500

182 Eastern Pioneer Co. Ltd., ÂŁ1 shares, fully paid, 19[14], no.2196, dragon just below title, scrollwork left, red, centre fold, about very fine HK$800-1,000 Registered in England in 1899 to acquire mining concessions in China and Korea

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183 Ewo Cotton Mills Ltd., HK$5 shares, 19[49], no.H02077, numerous vignettes around border of delivery truck, flag, cotton ball and textile machinery, orange and red, text in English but title also in Chinese, good very fine HK$800-1,000

185 Fu He Coal & Tin Mining Co., Kwangsi, 100 yuan share, 1915, ornate border of flowers and scrollwork, mauve, green underprint, red ‘chops’ in centre, text all in Chinese but with English name (not fully readable) in seal at extreme left, some water staining with small hole in body at the lower left, fine to about very fine. The last of the examples found in the Goudey Collection HK$4,000-5,000

184 Foo Foong Flour Co. Ltd., Shanghai, 100 yuan shares, 1943, ornate border, blue, red ‘chop’ at extreme left, text all in Chinese but seal in English, stamped cancelled, good very fine HK$1,000-1,200

186 Gen Yue Land Development Co., certificate for 10 yuan shares, 1944, no.012449, ornate floral border, large building in underprint, green and black with blue underprint, adhesive $10 revenue stamp on reverse, tiny tear at bottom edge otherwise about extremely fine HK$800-1,000 WWW.SPINK.COM

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187 Green Island Cement Co. Ltd., a group of 3 certificates for $10 shares, 19[35], no.428, 19[55], no.8682 and 196[4], no.4623, all of similar design with small view of factory and mountain. scrollwork at left, blue, capital $1,954,940, black, capital $20,000,000 overprinted in black and green, capital $20,000,000, attractive embossed seal, the first stamped cancelled with small edge tear at bottom, very fine (3) HK$1,500-2,000

189 Hankow Light & Power Co. Ltd., a group of 3 bearer certificates for 1 ordinary share of £10, 19[20], capital £20,100 overprinted £60,100 in black; 1 preference share of £5, 19[20], capital £40,100 overprinted £60,100 in black, and 1 second preference share of £5, 19[29], capital £80,100, all with ornate border, all with coupons, the first with small ink stain in centre otherwise very fine and better (3) HK$2,500-3,000

190 Hankow Light & Power Co. Ltd., bearer warrant for one preference share of £5, 19[20], no.978, capital £20,100 overprinted with £60,100 in black, ornate border, black, orange-brown underprint, with coupons, good very fine HK$1,000-1,200

188 Hall & Holtz Ltd., Hong Kong, $20 shares, Shanghai, ovpt. Hongkong 19[50], no.7304, ornate border, blue and black, printed at the Shanghai Times, good very fine and scarce HK$800-1,000

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191 Harbin Pin Fu Cheng Estate Co. Ltd., 40 yuan share, 1919, atractive piece with ornate flowery border, red-brown and yellow, adhesive 3 fen revenue stamp at top, text all in Chinese, tiny piece missing from top edge otherwise fine to very fine HK$1,500-2,000

193 Hongkong & Shanghai Hotels Ltd., a nice group of 3 certificates, 193[1], no.9554, capital $1,000,000 in shares of $10, amended by overprint to $7.50 and capital increased by overprint to $11,250,000, 193[2], no.12834, similar to the last but original capital $15,000,000, 19[69], no.44521, all of similar design with arms in the centre, ornate border, the first two are blue, printed by Waterlow & Sons and the last green, printed by Thomas de la Rue & Co., all stamped or perforated cancelled, very fine and better (3) HK$1,500-2,000 194 Hongkong & Shanghai Hotels Ltd., a nice pair of certificates, 193[2], no.12832, capital $15,000,000, altered by overprint to $11,250,000, and 19[69], no.44522, both of similar design with arms in the centre, ornate border, the first blue, printed by Waterlow & Sons and the second green, printed by Thomas de la Rue & Co., good very fine and better (2) HK$1,000-1,500

192 Hongkong and Shanghai Banking Corporation, certificate for $25 shares, Hong Kong 19[61], no.6815, ornate border, coat of arms in centre, black with pink underprint, printed by Barclay & Fry, London, tiny rust spot at right otherwise extremely fine HK$600-800

195 Hongkong & Shanghai Hotels Ltd., certificate for shares of $10, amended by overprint to $7.50 and capital amended by overprint to $11,250,000, 193[2], no.12778, arms in the centre, ornate border, blue, printed by Waterlow & Sons, perforated cancelled, good very fine HK$800-1,000

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196 Hongkong & Shanghai Hotels Ltd., a group of 10 certificates for $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 (10) HK$1,000-1,500

199 Hongkong Engineering & Construction Co. Ltd., a group of 3 certificates of $2 shares, comprising 19[34], no.3513, 1931 issue, part paid, red; 19[37], no. 4073, fully paid, black; 19[38]; no.05611, fully paid, black; all with ornate border, stamped cancelled, extremely fine (3) HK$1,500-2,000

197 Hongkong Engineering & Construction Co. Ltd., a group of 5 certificates for $2 shares, comprising 192[32], no.1866, share amount reduced by overprint from $10 to $2, green; 19[34], no.3599, 1931 issue, partly paid, red with ornate border; 19[35], no.4044, fully paid, ornate border; 19[38], no.05613, 1938 issue, fully paid, ornate border; 19[53], fully paid, blue with ornate border; stamped cancelled, generally extremely fine (5) HK$2,500-3,000

200 Hongkong Engineering & Construction Co. Ltd., a group of 3 certificates each for $2 per share, comprising 19[34], no.3512, 1931 issue, part paid, red; 19[35], no.4045, fully paid, black; 19[38], no.05610, 1938 issue, fully paid black; all with ornate border stamped cancelled, extremely fine (3) HK$1,500-2,000

198 Hongkong Engineering & Construction Co. Ltd., a group of 5 certificates for $2 shares, 192[31], no.1531, fully paid, share value reduced by overprint from $10 to $2, cancelled by new scrip issuance, green; 19[34], no.3596, 1931 issue, part paid, red with ornate border; 19[37], no.4071, fully paid, black with ornate border; 19[38], no.05612, 1938 issue, fully paid, black with ornate border; 19[47], no.5043, fuly paid, blue with ornate border; perforated and stamped cancelled with ‘NEW SCRIP ISSUED 24 AUG 1970’ (1) and stamped cancelled (4), generally extremely fine (5) HK$2,500-3,000

201 Hongkong Engineering & Construction Co. Ltd., a group of 10 certificates for $2 shares, from 1934 to 1938, comprising part paid 1931 issues (5) and fully paid 1938 issues (5), all with ornate border, stamped cancelled, extremely fine (10) HK$2,000-2,500 202 Hongkong Engineering & Construction Co. Ltd., a group of 10 certificates of $2 shares, all 19[38], fully paid, 1938 issues, black with ornate border stamped cancelled in red, generally good extremely fine (10) HK$2,000-2,500 49

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES 205 Hongkong Telephone Co. Ltd., a pair of certificates for $10 shares, 192[6], no.1256, part paid, capital $5 million and 19[50], no.17880, total capital increased by overprint in purple from $7.5 million to $19 million, fully paid; both signed by directors and secretary, ornate border with green underprint, stylised pagoda vignette at centre the first with some foxing, and rusty paperclip marks at top edge, about very fine, the second good very fine (2) HK$1,500-2,000

203 Hongkong Telephone Co. Ltd., certificate for $10 shares, $2.50 paid, 192[6], no.1257, ornate border, blue and black, green underprint, stylised pagoda vignette at top centre, signed by directors and secretary, some foxing, very fine HK$800-1,000

204 Hongkong Telephone Co. Ltd., a pair of certificates for $10 shares, 192[47], no.5434, total capital increased by overprint in purple from $5 million to $7.5 million, $2.50 per share paid; 19[50], no.17881, total capital increased by overprint in purple from $7.5 million to $19 million, fully paid; both signed by directors and secretary, ornate border, blue and black with green underprint, stylised pagoda vignette at centre the first with a couple of small tears and small chip from left edge, about very fine, the other good very fine (2) HK$1,500-2,000

206 Hong Nin Fire & Marine Insurance Co. Ltd., a fire policy on property in Hong Kong, 1934, large format piece with attractive vignette of warehouse with loaded rickshaws outside, green, text mostly in Chinese with some English, adhesive Hong Kong duty stamp tied with red embossed duty stamp, with premium receipt and original envelope, very fine HK$600-800

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208 Humphreys Estate and Finance Co. Ld., $10 shares, 19[49], no.2181, very attractive piece with vignette of shipping in harbour, arms at top, ‘Justice’ at left, arms at right, black, capital overprinted in red, stamped cancelled, small edge tear at right, very fine and scarce HK$1,000-1,500

207 Honor Company Ltd., Hongkong, $100 shares, Canton currency, 1932, no.112, lovely vignette of the company’s shops and offices, ornate border, brown and black with blue underprint, text all in Chinese with English and Chinese on the reverse, one inch tear at bottom edge otherwise good very fine HK$4,000-5,000

209 Humphreys Estate and Finance Co. Ld., $10 shares, 19[55], no.4614, very attractive piece with vignette of shipping in harbour, arms at top, ‘Justice’ at left, arms at right, black, capital overprinted in red, stamped cancelled, tiny edge nick at right, very fine and scarce HK$1,000-1,500

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211 Hwa Foong Industrial Supply Co. Ltd., Shanghai, 10 yuan shares, 1943, no.01100, ornate border, red and black, red seal, text in Chinese but English title in the embossed seal, good very fine HK$1,000-1,200 210 Hu Min (Shanghai - Fukien) Lond Distance Auto Company Ltd., 50 yuan second preference shares, 1924, no.0045, ornate border, green and black, yellow underprint, text all in Chinese, adhesive revenue stamps at top, good very fine and rare HK$1,500-2,000

212 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, good very fine HK$1,200-1,500

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214 Kuang He Yuan, $50 shares, 1929, ornate border, green and black, yellow underprint, text all in Chinese, cancelled, counterfoil reglued at right, about very fine HK$1,200-1,500

213 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, rusty stain from paper clip at top, slight damage at extreme right lower edge otherwise very fine HK$3,000-4,000

215 Kwong Wah Printing Co. Ltd., Hong Kong, ornate border, red and black with yellow underprint, text all in Chinese except the title which is also in English, red seal, good very fine HK$800-1,000

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES 217 L’Energie Electrique de Tientsin, 7% bond for $100 (local currency), 1939, no.1309, large format piece with ornate border, text all in French, red-brown with pale green underprint, with coupons, very fine HK$1,000-1,500

216 Kwong Shing Cheong Sandalwood Association Ltd., $100 shares, 19[28], no.202, ornate border, mauve, capital overprinted in red, text in English with Chinese on the reverse, slight staining to the English side, very fine HK$2,000-2,500

217

218 Lu Hsing Bank, 25 yuan share, 1939, no.00058, ornate border, blue and black with pink underprint, adhesive revenue stamp, text all in Chinese, a few splits at folds, light staining but good fine and scarce HK$3,000-4,000

219 Luen Tsui Investment Co. Ltd., Hong Kong, $500 shares, 1932, ornate border, blue and black, text all in Chinese except the company name, red ‘chops’, ink cancelled, very fine HK$1,000-1,500 WWW.SPINK.COM

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222 Lun Yick Mutual Fire & Marine Insurance Co. Ltd., a fire policy on property in Hong Kong, 1934, large format piece with lovely vignette of steam ship, Chinese junk, steam train, buildings and vehicles with globe above, black with red stamps, adhesive Hong Kong revenue stamps tied with red embossed duty stamp, text all in Chinese except for title, with original envelope, very fine HK$1,200-1,500

220 Luen Yick Hong, $100 shares, 1927, attractive piece with ornate border with Chinese name above, red with green underprint, text all in Chinese, heavy folds and small piece missing from bottom right corner, fine and scarce HK$1,000-1,200

223 Manchukuo, Flood Control Public Loan, 1940, bond for 1000 yuan, no.03247, peasants in ploughed field, ornate border incorporating dragons and scrollwork, green and black, with coupons, small stains on face, good fine and scarce HK$1,200-1,500

221 Lun Tai Mutual Fire and Marine Insurance Co. Ltd., $25 shares, 1932, ornate border, green and black, Chinese text on one side with English on the reverse, very fine HK$1,200-1,500

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224 New Oriental Bank Corporation Ltd., 3% debentures, a part set of specimen debentures for £10, £50 and £500 from the Bradbury, Wilkinson & Co. archive, 30th September 1885, small format pieces with head of Britannia top centre, black, green underprint, with coupons, some removed, numbered 0000, generally extremely fine (3) HK$2,500-3,000 225 New Oriental Bank Corporation Ltd., 3% debentures, a part set of specimen debentures for £10, £50, £500 and £1000 from the Bradbury, Wilkinson & Co. archive, 30th September 1885, small format pieces with head of Britannia top centre, black, green underprint, with coupons, some removed, numbered 0000, generally extremely fine (4) HK$3,000-4,000

226 New Oriental Bank Corporation Ltd., 5% debentures, a set of specimen debentures for £10, £50, £100, £500 and £1000 from the Bradbury, Wilkinson & Co. archive, 30th September 1885, small format pieces with head of Britannia top centre, black, pink underprint, with coupons, a few removed, numbered 0000, generally extremely fine (5) HK$2,000-2,500 227 New Oriental Bank Corporation Ltd., 5% debentures, a set of specimen debentures for £10, £50, £100, £500 and £1000 from the Bradbury, Wilkinson & Co. archive, 30th September 1885, small format pieces with head of Britannia top centre, black, pink underprint, with coupons, a few removed, numbered 0000, generally extremely fine (5) HK$3,000-4,000

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228 New Oriental Bank Corporation Ltd., 4% debentures, a set of specimen debentures for £10, £50, £100, £500 and £1000 from the Bradbury, Wilkinson & Co. archive, 30th September 1885, small format pieces with head of Britannia top centre, black, blue underprint, with coupons, a few removed, numbered 0000, generally extremely fine (5) HK$3,000-4,000

230 Ngam How Motor Road Co. Ltd., $5 shares, 1933, no.81, ornate border, brown with green underprint, text all in Chinese with English in the embossed seal, light toning but good very fine HK$2,000-2,500

229 New Oriental Bank Corporation Ltd., a group of 4 bearer certificates for £20 or 100 rupees ‘silver’ shares, Calcutta register 188[90], attractively printed pieces with ornate border, black with pink underprint, Indian adhesive revenue stamp, slight discolouration, one with small tear at top edge, very fine to extremely fine (4) HK$1,200-1,500

231 North China Development Company, 10 shares of 50 yen, Showa 13 (1938), attractive piece with panoramic view of the Great Wall at bottom, mauve and black, about extremely fine HK$800-1,000

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234 Peak Tramways Co. Ltd., $10 shares, 190[27], no.975, logo in scrollwork at left, black, printed at the South China Morning Post, stamped and perforated cancelled, brittle with some edge damage, fine but rare HK$1,200-1,500

232 North China Development Co., 5.5% loan, 1944, bond for 100 yen, temple at top left, ornate border, text in Japanese, brown, with coupons, about extremely fine HK$1,000-1,200

235 Pekin Syndicate Limited, a pair of bearer share certificates for 1 shansi share, 19[11] and 5 shansi shares, 19[11], ordinary share capital shown as 399,000 shares, vignettes of harbour scene flanked by steam train and mine, ornate border, green, yellow and black, with coupons, several endorsements on face, generally very fine (2) HK$1,000-1,200 233 Oriental Bank Corporation, a group of 4 certificates for ÂŁ25 share, 18[65], consecutively numbered 57293 to 57296, arms at top, scrollwork left, black, ornate embossed seal, good very fine and better HK$2,000-3,000

236 Pekin Syndicate Ltd., bearer certificate for 5 shansi shares, [1920], no.B37594, large format piece with vignette of the City at top, ornate border, green and black on yellow paper, with coupons, endorsement across face, good very fine and a particularly late issue HK$800-1,000

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237 Pekin Syndicate Ltd., a set of three bearer certificates for 1, 19[13], 5, [1913] and 25 shansi shares, [1911], large format with vignette of city view at top, green and black on yellow paper, with coupons, all without endorsements, about very fine to good very fine (3) HK$2,200-2,500

239 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 HK$1,500-2,000

238 Po On Marine & Fire Insurance & Godown Co. Ltd., a fire policy on property in Hong Kong, 1932, very large format piece with large vignette of building with flowers and Chinese characters at either side, green, text mostly in Chinese with terms and condition printed in English on the reverse, adhesive Hong Kong duty stamp tied with a red embossed duty stamp, with original envelope, repaired along centre fold otherwise very fine HK$800-1,000

240 Shanghai Electric Construction Co. Ltd., £1 shares, Shanghai Register 19[37], no.1026, issued to A.R. Burkill & Sons Ltd., black, very fine and scarce type HK$800-1,000

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241 Shanghai Fire & Marine Insurance Co. Ltd., $25 shares, 19[23], no.1262, text in English on one side with Chinese on the other, green, brown and black, paper a little toned, split at folds good fine and scarce HK$1,500-2,000

243 Shanghai Land Investment Co. Ltd. (Hong Kong), 7 dollar shares, fully paid, 19[40], no.4454, full height vignette of Chinese workman on a ladder working on the roof of a building, blue, capital divided into both 7 dollar shares and 5 tael shares, the latter presumably for the Chinese market, about very fine HK$1,200-1,500

242 Shanghai Fire & Marine Insurance Co. Ltd., a fire policy on property in Hong Kong, 1934, very large format piece with huge vignette of early fire engine and firemen, steamship and buildings at either side, grey-green, text in English and Chinese, adhesive Hong Kong duty stamp tied with red embossed duty stamp, with premium receipt and original envelope, very fine HK$1,000-1,200 244 Shanghai Land Investment Co. Ltd., certificate for 5 tael shares, 19[31], no.888, attractive design with full height vignette of Chinese workman painting a house at the top of a ladder, brown, stamped cancelled, about extremely fine and a desirable serial HK$1,200-1,500

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January 11-13, 2013 - HONG KONG 245 Shanghai Land Investment Co. Ltd., a pair of certificates comprising $7 shares, 19[37] no.00746 and 5 tael shares, 19[31], no.796, the first signed by Horace Kadoorie and John Keswick as directors, similar design with full height vignette of Chinese workman painting a house at the top of a ladder, blue and brown, stamped or perforated cancelled, very fine to extremely fine (2) HK$1,500-1,800

248 Shanghai Power Company, certificate for not more than 100 shares, silver preferred stock, [1948], no.22435, attractive vignette of pagoda flanked by electric tram, electricity pylon and motor truck, green and black, printed by the American Bank Note Co., about extremely fine HK$800-1,000

246 Shanghai Land Investment Co. Ltd., an interesting group of certificates comprising $7 shares, 19[37] no.00745, 5 tael shares, 19[31], no.948 and an unissued certificate for HK$5 shares, 19- (circa 1940), no.3403, the first signed by Horace Kadoorie and John Keswick as directors, all similar design with full height vignette of Chinese workman painting a house at the top of a ladder, blue, brown and green respectively, all stamped or perforated cancelled, very fine to extremely fine (3) HK$1,500-2,000

249 Shanghai Power Company, first mortgage 51â „ 2 % debenture, C$5,000, [1934], no.R8389, vignette of Shanghai harbour but with red overprint across the entire view as usual, red and black, printed by the American Bank Note Co., good very fine HK$800-1,000

247 Shanghai Land Investment Co. Ltd., a group of 10 certificates for 5 tael shares, 19[31], various serial numbers attractive design with full height vignette of Chinese workman painting a house at the top of a ladder, brown, all stamped cancelled, very fine to extremely fine (10) HK$5,000-6,000

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250 Shanghai Savings and Investment Co. Ltd., $4 shares, 1933, ornate border, orange and black, yellow underprint, text all in Chinese, embossed seal which also has the company name in English, very fine HK$1,000-1,200 252 Shao Chow Electric and Lighting Company, certificate for 1 preference share of 25 yuan, 1928, issued to the chairman of the company, attractive borders, blue with yellow-green underprint, red ‘chops’, adhesive revenue stamps, about extremely fine and scarce HK$4,000-5,000

251 Shanghai Worsted Mill Ltd., pair of certificates for $5 shares, 19[48], no.5296 and 19[50], no.6183, ornate border with logo at top, pink and black, the second with capital increase overprint, with 2 pieces of related paperwork, pinholes, very fine, the second scarce (4) HK$1,500-2,000

253 Soc. Française d’Explorations Minières en Chine, 100 franc share, Paris 1903, no.2366, ornate border, green, with coupons, extremely fine HK$800-1,000 Company owned the gold and mercury mining concession in Koei-Tchéou province and the mining concession over a silver-lead mine in Hunan province

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254 Société Franco-Chinoise de Distillerie de Hankeou, 100 tael share, Hankeou [1911], no.2322, very attractive piece with text in both Chinese and French, dragons at each side, ornate border, green and black, with coupons, almost extremely fine HK$15,000-20,000

256 Taiwan Life Insurance Co. Ltd., an insurance policy dated 1948, ornate border, red and black, text in Chinese with English title, terms and conditions in Chinese on the reverse with 3 adhesive revenue stamps, very fine HK$600-800

255 Syndicat du Yunnan Ltd., £1 ordinary shares, 190[14], no.471, scrollwork at left, dark blue, small nick at right edge, very fine HK$600-800

257 Tientsin Land Investment Co. Ltd., general mortgage loan of 1929, 100 tael debenture, no.A0166, vignette of shrine, ornate border, green and black, yellow underprint, printed by Waterlow & Sons, with coupons, about extremely fine HK$1,000-1,200 63

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258 Tung Whan Lung Great Highway, Canton, unissued share certificate, 1935, vignette of map of the railway route, ornate border, blue, yellow underprint, tip of top right corner missing otherwise very fine HK$1,000-1,200

259 Tung Whan Lung Great Highway, Canton, unissued share certificate, 1935, vignette of map of the railway route, ornate border, blue, yellow underprint, small piece missing from top right corner, some adhesive residue at lower right margin, about very fine HK$800-1,000

261 You Lee Company, $100 preference shares, 1932, ornate border, red-brown with pale green underprint, text all in Chinese, minor spotting, very fine HK$2,500-3,500

260 Wosang and Co. Ltd., Shanghai, certificate for 500 yuan share, 1937, large format piece with ornate border, blue with pink underprint, red ‘chops’ at left, adhesive revenue stamp at top, text in Chinese with English in the embossed seal, about very fine HK$1,200-1,500

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HONGKONG AND SHANGHAI COMPANIES OWNING RUBBER PLANTATIONS IN MALAYA AND NETHERLANDS EAST INDIES The appetite for Shanghai based investment in the booming rubber industry was founded in 1910 with a large group of flotations, mainly of Hong Kong registered companies. Many of the companies flourished, many fell by the wayside during the several slumps in rubber prices. Although registered under Hong Kong law the companies were created with capital in both Shanghai currency and Hong Kong currency, and very occasionally with pounds sterling currency. Most of the companies were eventually absorbed into one or two larger groups and many of them were controlled by the Hong Kong based Kadoorie family. In fact many of the following pieces were signed by or issued to various members of the family and were kept together for many years. The following lots are an excellent representation of the companies in existence between 1910 and 1948 when the Shanghai Stock Exchange was closed. Many have not been seen on the market before and this is a fantastic opportunity for collectors.

262 Anglo-Dutch (Java) Plantations, Ltd., a certificate for 10 shilling shares, 19[10], no.2550, brown and green, simple leaf border, with another dated 19[40], no.5344, blue, ornate border, vignette at top centre with female atop stepped plantations, both fully paid, the first with band of discolouration, the second stamped cancelled, otherwise good very fine to extremely fine (2) HK$800-1,000

263 264 Batu Anam (Johore) Rubber Estates, Ltd., certificates (2) for 1 tael and 10 candareen shares, 1 tael, 19[13], no.2087, ochre text on cream paper, fully paid, signed by directors; 10 candareens, share value altered by overprint from 1 tael, 191[32], no.1958, ornate brown border, tiger vignette at top centre; 10 candareens, share value altered by overprint from 1 tael, 192[32], no.1883, ornate brown border, tiger vignette at top centre; extremely fine (2) HK$800-1,000

263 Batu Anam (Johore) Rubber Estates, Ltd., a group 4 certificates of 1 tael (1) and 10 candareen shares (3), 1 tael, 19[13], no.2088, ochre text on cream paper, fully paid, signed by directors; 10 candareens, share value altered by overprint from 1 tael, 191[32], no.1958, ornate brown border, tiger vignette at top centre; 10 candareens, share value altered by overprint from 1 tael, 192[32], no.2017, ornate brown border, tiger vignette at top centre; 10 candareens, 194[1], no.4654, ornate brown border, tiger vignette at top centre, lesser print quality due to Japanese occupation; all fully paid, generally extremely fine (4) HK$1,500-1,800

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265 Bute Plantations (1913) Ltd., certificate for 1 tael shares, [1926], no.2962, ornate border, blue, embossed seal at lower centre, accompanied by a pair of certificates for 1 tael shares, [1934] and [1940], American style, both with monogram at top centre, ornate border, green and black, first torn at edges, tape at top right, fair, the others very fine (3) HK$1,000-1,200

268 Cheng Rubber Estates, Ltd., pair of certificates, 1 tael shares, 19[24], no.535 and 10 candareen shares, 19[32], no.2273, 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 (2) HK$1,000-1,200 269 Cheng Rubber Estates, Ltd., certificate for 10 candareen shares, 19[32], no.2172, capital restructure overprinted in red, monogram in centre, ornate border, brown and black, American style, printed by Colombian Banknote Co., accompanied by correspondence between Cheng Rubber and shareholder C.E. Ellis, paperclip rust mark at top left, otherwise extremely fine HK$600-800

266 Chemor United Rubber Co., Ltd., a good group of certificates comprising 10 candereen shares, 19[32], no.3852, capital restructure overprinted in red, 10 candareen shares, 19[37], no.5429, new capital, both with rubber plantation vignette at top centre, English with Chinese title, ornate border, green and black, different printers, and a third certificate for shares of Hong Kong $1, 19[49], no.N0102, ornate border, green and black, red overprint, first and second extremely fine, third very fine (3) HK$1,000-1,200 267 Chemor United Rubber Co., Ltd., a certificate for 10 candareen shares, 19[32], no.3792, capital restructure overprinted in red, rubber plantation vignette at top centre, ornate border, green and black, American style, printed by Colombian Banknote Co., extremely fine HK$600-800

270 Cheng Rubber Estates, Ltd., pair of certificates for 2 shilling shares, 19[40], numbers 13136-7, rubber plantation vignette at top centre, vignettes of rubber production in each corner, ornate border, brown and black, stamped cancelled in red, American style, printed by N.C.D.N., very fine (2) HK$800-1,000

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274 Kroewoek Java Plantations Ltd., a fascinating group of different certificates, ÂŁ1 shares, 19[10], 2/- shares, 19[27], capital overprinted, 10 candareen shares, 19[32], capital overprinted in red, 10 candareen shares, 19[40], and another dated 19[49], the first cancelled by removal of part of the seal, the 4th stamped cancelled, generally about very fine to good very fine (5) HK$1,500-2,000

271 Java Consolidated Rubber & Coffee Estates, Ltd., pair of certificates for 2 shilling shares, 19[27], no.5584 and 19[40], no.8087, similar design but different printing of the Secretaries and General Managers, ornate border, green, the second stamped CANCELLED, the first with two edge tears and slight toning, very fine (2) HK$800-1,000

275 Kroewoek Java Plantations Ltd., a fascinating group of different certificates, ÂŁ1 shares, 19[09], 2/- shares, 19[27], capital overprinted, 10 candareen shares, 19[32], capital overprinted in red, 10 candareen shares, 19[40], and another dated 19[51], the first cancelled by removal of part of the seal, the last two stamped cancelled, the first only good fine, the remainder very fine and better (5) HK$1,500-2,000

272 Java Consolidated Rubber & Coffee Estates, Ltd., a group of certificates for 2 shillling shares, dated 19[40] to 19[51], all similar design with ornate border, green, mostly cancelled, a couple with some damage, several very fine (8) HK$1,800-2,200

273 Kota Bahroe Rubber Estates (1921) Ltd., certificate for 75 candareen shares, [1937], no.4143, together with pair of certificates for $HK.75 shares, both [1948], numbers 5675 and 5679, these with capital overprinted, all similar American style design with ornate border, red and black, the last two are cancelled, the last with two punch holes, fine to very fine (3) HK$1,000-1,200

276 Landak Rubber Estate, Ltd., a certificate for 5 tael shares, fully paid, 19[10], no.741, in English with Chinese text at top, ornate border, red and blue, fully paid, small tear at right edge, minor foxing, otherwise very fine and scarce HK$600-800 67

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES 277 Landak Rubber Estate, Ltd., a certificate for 5 tael shares, fully paid, 19[10], no.890, in English with Chinese text at top, ornate border, red and blue, fully paid, slight toning but very fine and scarce HK$600-800

280 The Rubber Trust, Ltd., 1 tael shares, 19[31], no.165, together with later certificates for HK$2 shares, 19[51] and 19[70], and a fractional certificate dated 1953, blue and black, the fractional is cancelled, very fine and better (4) HK$800-1,000

278 Repah Rubber & Tapioca Estates, Ltd., an interesting group of 4 different certificates comprising 1 tael shares, 19[25], no.1858; 10 candareen shares, 19[32], no.3735; 10 candareen shares, 19[40], no.5810, and $HK.50 shares, 19[48], no.N0097, all with ornate borders, green and red, the last green and black, the first cancelled and with rust marks, good fine to about extremely fine HK$1,200-1,500

279 Repah Rubber & Tapioca Estates, Ltd., a group of 3 different certificates comprising 1 tael shares, 19[25], no.1865; 10 candareen shares, 19[32], no.3790; 10 candareen shares, 19[41], no.5841, all with ornate borders, green and red, the first with rust marks, very fine and better (3) HK$1,200-1,500

281 Samagaga Rubber Co., Ltd., a pair of certificates for 10 candareen shares, 19[32], no.4770 and 19[41], no.6703, both the same American format with ornate borders, green and black, capital overprinted in red, the second a lighter shade of green, very fine (2) HK$800-1,000

282 Samagaga Rubber Co., Ltd., a group of 5 certificates for 10 candareen shares, all 19[32], numbers 4809, 4811, 4833, 4851 and 4875, American format, green and black, capital overprinted in red, generall good very fine (5) HK$1,500-2,000

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January 11-13, 2013 - HONG KONG 286 Senawang Rubber Estates Co. (1921), Ltd., a group of 4 certificates for 10 candareen shares, 19[32], 2 examples and 19[38], 2 examples, all with restructured capital overprinted in red, ornate border, green, one cancelled by removal of seal, all with some discolouration at extreme left edge, very fine (4) HK$1,200-1,500

283 Semambu Rubber Estates, Ltd., a good pair of certificates in American style, the first for shares of 1 tael, 191[23], no.336, the second for shares of 10 candareens, 191[32], no.1638, the restructured capital overprinted in red, attractive vignette of elephant top centre, ornate border, brown and black, printed by Columbian Banknote Co., the first with punch holes at left, creased at right and cancelled, fine to very fine, the second extremely fine (2) HK$1,200-1,500

287 Shanghai Kelantan Rubber Estates (1925), Ltd., a group of certificates, HK$1 shares, 19[25], no.009, 19[31], no.A064, different capital, 10 tael shares, 19[39], no.A2772, and two examples dated 19[41], all with ornate borders, shades of green or blue with black text, the first poor, the remainder fine to very fine (5) HK$1,200-1,500

284 Semambu Rubber Estates, Ltd., 10 candareen shares, 191[32], no.1470, restructured capital overprinted in red, signed by E. Kadoorie, vignette of elephant top centre, brown and black, printed by the Columbian Banknote Co., extremely fine HK$800-1,000

288 Shanghai Pahang Rubber Estate, Ltd., 1 tael shares, 19[39], no.A1745, American style certificate printed by the Columbian Banknote Company, ornate border, blue and black, cancelled, pinholes, very fine HK$600-800

285 Senawang Rubber Estates Co. (1921), Ltd., 1 tael shares, 19[21], no.450, capital overprinted in mauve, 10 candareen shares, 19[32], no.2331, capital overprinted in red, ornate borders, green, printed in Shanghai, both good very fine, together with a certificate for 12% preference shares of 1 tael, 19[25], blue, this in poor condition with repairs and seal removed as cancellation, rare (3) HK$800-1,000 69

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289 Sungala Rubber Estate (1915), Ltd., 1 tael shares, 19[15], ornate border, black, hole cancelled through signatures, punch holes at top, fine; together with Sungala Rubber Estate Ltd., a group of certificates (7), 3 different types, dated 1934 through 1956, all with ornate borders, brown and black, all cancelled, varying condition, fine and better (8) HK$1,500-2,000

292 Sungei Duri Rubber Estate, Ltd., an interesting group of 5 different certificates comprising £1 shares, 19[13], no.1135; £1 shares, 19[26], no.2525; £1 shares, 19[29], no.3018; £1 shares, 19[48], no.N18 and 2 shilling shares, 19[51], no.HK462, all different designs with ornate borders, the first black, the second blue and the last three brown and black, the first 4 with seal removed as cancellation, also stamped cancelled, fine to very fine and scarce (5) HK$1,200-1,500`

290 Sungala Rubber Estate (1915) Ltd., 1 tael shares, 19[15], no.436, black, together with Sungala Rubber Estate Ltd., three different types dated 19[39], no.2802, 19[40], no.3157 and 19[55], no.HK324, all with ornate border, brown and black, the first cut cancelled, the others stamped cancelled, fine to very fine (4) HK$1,200-1,500

291 Sungei Duri Rubber Estate, Ltd., £1 shares, 19[16], no.1710, ornate border, black, perforated cancelled, fine and rare HK$600-800

293 Taiping Rubber Estates, Ltd., 1 tael shares, 19[13], no.475, ornate border, green and red, cut cancelled through seal, punch holes at left, about very fine; together with See Kee Rubber Estates (1918) Ltd., 1 tael shares, 19[21], no.274, ornate border, black, cancelled, badly damaged lower edge, and Sua Manggis Rubber Co. Ltd., 1 tael shares, 19[49], no.3629, ornate border, brown and black, this extremely fine (3) HK$1,000-1,200

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296 Tebong Rubber Estate, Ltd., collection of certificates, 19[21]-19[51], certificate for 1 tael shares, 19[21], no.00430, ornate border, green and brown on brown paper; certificate for 10 candereen shares, 19[32], no.6508, ornate border, green; certificate for 10 candareen shares, 19[32], no.6285, capital revalued by overprint, ornate border, green; certificate for 10 candereen shares, 19[41], no.14684, ornate border, green, and certificate for Hong Kong $0.50, 19[51], no.0573, ornate border, green, counterfoil attached; from fine to extremely fine (5) HK$1,200-1,800

294 Tanah Merah Estates (1916) Ltd., 1 tael shares, [1926], no.946, ornate border, green and red; together with later certificates dated 1940 and 1941 in American style, ornate borders, green and black, one with punch holes at left edge, the first fine, the last two very fine and better (3) HK$800-1,000

295 Tebong Rubber Estate, Ltd., an interesting group of 5 different certificates, 1 tael shares, 19[23], no.01295, 10 candareen shares, 19[32], no.6263, capital overprinted in red, 10 candareen shares, 19[32], no.6375, new capital printed, 10 candareen shares, 19[40], no.12958, different printing, and HK$0.50 shares, 19[48], no.N0160, the first with rather damaged edges otherwise very fine or thereabouts (5) HK$1,500-1,800

297 Ziangbe Rubber Co., Ltd., certificates for 10 shilling shares, 19[40]-19[51], consecutively numbered 14349-53, all certificates for 10 shilling shares, ornate border, black and white; accompanied by company’s Notice of Intention; stamped cancelled, staple holes at top left, generally very fine (8) HK$1,500-2,000

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BONDS & SHARE CERTIFICATES OF CHINA, HONG KONG AND OTHER TERRITORIES

FRENCH INDO-CHINA

KOREA

301 Chosen Syndicate Ltd., ÂŁ1 shares, [1926], no.2641, ornate border, black, heavy folds, good fine and scarce HK$800-1,000 298 Banque de Cochinchine S.A., 250 franc nominative share, [1908], no.2488, 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 HK$2,000-2,500

299 Banque de Cochinchine S.A., 250 franc nominative share, (1908), no.946, 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, good very fine HK$2,000-2,500

300 Banque de Cochinchine S.A., 250 franc nominative share, (1908), no.17708, 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, good very fine HK$2,000-2,500

302 Chosen Corporation Limited, ÂŁ1 shares, [1935], no.9511, ornate border, black, annotated in top margin, punch holes in left border, about very fine HK$800-1,000

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THAILAND (SIAM)

304 Royal Siamese Government, 4% Sterling Conversion Loan, 1936, bond for £100, no.B11754, large format with coat of arms in centre, steam train at left, workers in field at right, mauve and black, printed by Waterlow & Sons, with coupons, hole cancelled, small piece missing from top left corner, very fine HK$1,200-1,500

303 Royal Siamese Government, 6% Sterling Loan of 1924, bond for £100, no.B5068, large format piece with steam train and rice field with arms in centre, red and black, printed by Waterlow & Sons, small hole cancels and overprinted CANCELLED with red stripes on face, good very fine and rare HK$1,500-2,000

END OF FIRST DAY’S SALE

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Lot 1501

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BANKNOTES OF CHINA, HONG KONG AND MACAO

FOREWORD

The Hong Kong auction is always one of my favourite sales. I have been involved with auctions here for over 20 years now and have seen great changes in the banknote market. Firstly with the Hong Kong market which went into overdrive about 15 years ago and more recently with the amazing development of the Chinese banknote market.

We are very fortunate to be able to source old collections from both areas and the sale starts with the D’Adamo collection of China and related areas. Put together over many years by a collector in Argentina which goes to underline how truly global this market has become.

The next section is the remarkable Keith Austin ( ) Collection of the popular Bank of Communications series that I know has taken many years to create.

This collection is followed by the extensive Michael Phua collection of Chinese paper. I have known Michael for many years and I know he is a familiar and much respected collector both here in Hong Kong and in Singapore.

We then follow on with various consignments of China banknotes, both local and European and American sources before completing the auction with a truly superb offering of Hong Kong paper with good representation from the three major banks, The Hong Kong Bank, The Chartered Bank and The Mercantile Bank.

We conclude with an interesting group of Macao paper.

I hope our collectors, both old and new will enjoy the catalogue and there will be something of interest to suit everyone.

Good luck, Barnaby.

Lot 1527 WWW.SPINK.COM

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BANKNOTES OF CHINA, HONG KONG AND MACAO

FOREWORD El Dr. Tomas D’Adamo fué médico pediatra, empresario inmobiliario, y un gran amante de la música clásica y la literatura. Comenzó su coleccion de billetes en Argentina al inicio de los años setenta y volcó en ella toda su pasión y dedicación.

A lo largo de 10 años de laboriosa búsqueda e intensos contactos nacionales e internacionales reunió una muy interesante y extensa colección de emisiones de todos los países del mundo, hasta su muerte en 1980. En ése entonces mi hermano y yo éramos aún niños y vimos cómo mi madré, Ana María, guardó como un tesoro cada uno de los billetes de la voluminosa colección, preservándola tal como él la había dejado.

Conociéndo y respetando el valor que había representado ésta colección para nuestro padre, nos prometimos que algún día la estudiaríamos para conocerla con precisión y actualizar su catalogación. Ése momento llegó hace dos años cuando decidimos abrir nuevamente los álbumes de la colección. Fué entonces que pudimos valorar realmente el fantástico trabajo que había realizado.

Aquí les presentamos su colección de billetes de China y de algunos otros estados vecinos que, luego de dormir durante mas de treinta años dentro de un armario de Buenos Aires, decidimos dispersar en ésta venta. A partir de hoy podrán integrar otras magníficas colecciones que esperamos hagan soñar a sus coleccionistas.

Deseamos agradecer a Barnaby Faull por haber compartido desde el primer día nuestro entusiasmo y por habernos aportado su experiencia y su sabio consejo.

Dr. Tomas D’Adamo was a Paediatrician and businessman and was very fond of classical music and literature. He started his Banknote collection in Argentina in the early 70’s with great enthusiasm and passion.

During 10 years of laborious research and through many national and international contacts he managed to put together a very interesting and extensive collection of issues from countries all over the world, until his death in 1980.

At that time, my brother and I were still very young but saw how our mother, Ana Maria, archived each one of those banknotes as the most valuable of treasures, and for years kept the whole collection in just the same way our father had left it.

Knowing how important and valuable this collection was to our father, we promised to ourselves that one day we will thoroughly study it and bring the cataloguing up to date in the light of more modern discoveries. Two years ago the great moment arrived and we decided to open the albums once more. It was only then that we truly appreciated the fantastic work that our father had been doing for 10 years.

This collection of banknotes of China and neighbouring countries has been resting in a wardrobe in Buenos Aires for more than 30 years. It is therefore a great pleasure to introduce it to the rest of the world.

From today, you, the collector, will be able to fulfil your dreams by adding these precious banknotes to other magnificent collections.

We wish to thank Barnaby Faull for his great enthusiasm from the very first day. He has helped us a great deal with his extensive experience and wise advice.

Daniel D’Adamo Hernan D’Adamo WWW.SPINK.COM

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January 11-13, 2013 - HONG KONG

SATURDAY 12 JANUARY 2013

BANKNOTES (Lots 401-1459) Commencing at 10.00 a.m.

All Sales are subject to the Terms and Conditions for Buyers printed at the back of this catalogue.

Estimates The estimated selling price of each lot is printed below the lot description and does not include the 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.

THE DANIEL D’ADAMO COLLECTION CHINA QING DYNASTY

402 Qing Dynasty, Da Qing Bao Chao, 5000 cash, year 8 (1858), blue and white, two red seals on obverse, various annotations on reverse (Pick A5c), spindle hole top centre, almost very fine, scarce HK$12,000-14,000

401 Qing Dynasty, Da Qing Bao Chao, 2000 cash, year 7 (1857), blue and white, two red seals on obverse, minor annotations on reverse (Pick A4e), spindle hole top centre (as normal), good very fine to extremely fine, scarce and an attractive example HK$8,000-12,000 79

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403 Qing Dynasty, Da Qing Bao Chao, 5000 cash, year 7 (1857), blue and white, two red seals on obverse, various annotations on reverse (Pick A5b), some spotting, good fine, scarce HK$10,000-12,000

404 Qing Dynasty, Da Qing Bao Chao, 10000 cash, year 7 (1857), blue and white, three red seals on obverse (Pick A6a), about extremely fine and rare in this grade HK$25,000-30,000

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TAIWAN OFFICIAL SILVER NOTES

406 Taiwan Official Silver Notes, 5 yuan, 1895, blue and white, various red seals on face (Pick 1905 for type), repair at left otherwise good very fine and rare HK$4,000-5,000

405 Taiwan Official Silver Notes, 1 yuan, 1895, blue and white, various red seals on face (Pick 1904 for type), about very fine and rare HK$5,000-7,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

GENERAL BANK OF COMMUNICATIONS

IMPERIAL CHINESE RAILWAYS

407 General Bank of Communications, specimen $5, Canton, 1 March 1909, serial number 075495, green and pale yellow and orange, transport scenes below, dragon at left and right, red chops in field, reverse red and green, seal and flags top centre, value at left and right (PA 15b), perforated, good extremely fine and rare HK$12,000-16,000

409 Imperial Chinese Railways, part issued $1, 2 January 1899, serial number 61601, blue and white, locomotive and fort at centre, reverse red and white, lake, mountains and bridge in oval frame at centre (PA 59), very fine, scarce HK$4,000-5,000

TA CHING GOVERNMENT BANK

IMPERIAL BANK OF CHINA

408 Imperial Bank of China, specimen half tael/5 mace, Peking, 14 November 1898, no serial numbers, blue, red and pale orange-yellow, value at centre and at each corner, dragons and seal top centre, Maitland signature low right, reverse as obverse but text in Chinese and no signature (Pick A39s), perforated CANCELLED, uncirculated and rare HK$15,000-18,000

410 Ta Ching Government Bank, part issued $1, Hankow, 1 June 1907, blue serial number E 70694, blue and brown, arms top centre, reverse mauve, yellow and green, text and dragons at centre (PA 66r), fine, scarce HK$3,000-3,500

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ANHWEI PROVINCIAL BANK

KIANGSE GOVERNMENT BANK

412 Kiangse Government Bank, $1 local currency, 1907, blue-grey and white, value at centre and at each corner, red chops on face, reverse blue-grey, text and large red seal on face (PS 1083), good very fine and rare HK$40,000-50,000

411 Anhwei Provincial Bank, 5 dollars, 1907, black, brown and pale blue, obverse and reverse of an AnHwei dollar coin top centre, dragon low left and right, waves below, reverse black text on brown and white, value at each corner, two red chops in field (PS 820), original, very fine and scarce HK$23,000-28,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

KIANG-NAN YU-NING GOVERNMENT BANK

413 Kiang-Nan Yu-Ning Government, 1 silver dollar, Shanghai, 1 July 1907, serial number 0143, lilac and pale blue, dragon at left and right, red-orange guilloche at centre, reverse brown, pale blue and white, the Viceroy at centre, medallion at left with Chinese characters, twin flags at right (PS 11180a), mounting traces, several red chops, almost extremely fine and extremely rare, a classic Chinese note HK$120,000-160,000

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PEI-YANG GOVERNMENT BANK

PROVINCIAL BANK OF HONAN

414 Pei-Yang Tientsin Bank, $3, Tientsin, ND (ca 1910), serial number 113165, green and multicoloured, Li Hung Chang at right, bank building at left, dragon top left and right, reverse blue and yellow, text (PS 2527), about uncirculated and scarce HK$14,000-18,000

KWANGTUNG CURRENCY BUREAU

416 Provincial Bank of Honan, unissued 500 cash, ND (Guangxu era), mauve, orange-brown and white, dragons and fireball, red stamps (Specimen) on face, reverse black and white, text (Pick S2971 for type), almost uncirculated and very rare HK$5,000-7,000

415 Kwangtung Currency Bureau, $1, year 31 (1905), black and pale green, dragon top left and right, Kwangtung dollar coin at left and right, reverse purple, text at centre, value at left and right (PS 2388), slight damage at top centre at crease otherwise a solid and original very fine, attractive and a rare variety HK$20,000-25,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

SIN CHUN BANK OF CHINA

SHUN YEE SAVINGS BANK

417 Sin Chun Bank of China, unissued $5, Shanghai, ND (1907), pink, blue, mauve and black, dragon at top left and right, Jui Gung Jan (Minister of Commerce) at right, bank building at left, reverse pink and lilac, dragon top left and right, value at left and right and at each corner (PS unlisted), extremely fine, scarce and attractive HK$20,000-25,000

418 Shun Yee Savings Bank, 100 coppers, Hankow, ca.1909, black, brown and pale yellow, dragon top left and right, sea low centre, reverse blue-grey and pale orange, bats, red seals (Pick unlisted, Smith-Matravers H133-10), a presentable fine, scarce HK$15,000-20,000

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WAN I CHINAN

AGRICULTURAL AND INDUSTRIAL BANK OF CHINA

421 Agricultural and Industrial Bank of China, 20 cents, 1 February 1927, red serial numbers, green, bridge and water, reverse green (PA 94), fine HK$800-1,000

419 Qing Dynasty, Wan I Chinan Private Bank, 1 yuan, 1904, red and white, dragons at left and right, and two medallions with dragons at centre, two red chops, reverse blank, red seal at centre mounting traces otherwise about extremely fine and rare HK$3,000-4,000

CHINA SILK & TEA INDUSTRIAL BANK

422 China Silk & Tea Industrial Bank, 5 yuan, Peking, 15 August 1925, red serial number 0118589, redorange and multicoloured, harvesting scene at centre in oval frame, reverse red-orange, weaving scene at centre (Pick A120Ba), an original good very fine, rare HK$4,000-5,000

420 Qing Dynasty, Wan I Chinan Private Bank, $5, Tientsin, 1904, orange and white, also a $10, Tientsin, 1904, blue and white, both with coins on reverse (Pick unlisted, Smith-Matravers W13 for type), good extremely fine, scarce (2) HK$8,500-10,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

CHINA AND SOUTH SEA BANK

423 China and South Sea Bank Limited, 1 yuan, Shanghai, January 1931, red serial number ZP 443310, blue and multicoloured, sun dial at left, reverse blue, value at centre (PA 132a), extremely fine and scarce HK$5,000-7,000

BANK OF CHINA

426 Bank of China, $1, Szechuan, 1 June 1912, red serial number D815033, green and red, Emperor Huang-Ti at left, railway and houses at right, green, lake and avenue of trees, value at left and right, black ONE DOLLAR SZECHUAN overprint low centre (Pick 25q), an original good very fine and rare HK$18,000-24,000

COMMERCIAL BANK OF CHINA

424 Commercial Bank of China, $5, Shanghai, 1929, red serial number C 05094J, violet and multicoloured, the God of Wealth at centre, value at left and right, reverse violet, seal and lions at centre, value at centre and at left and right (Pick 3a), VG but presentable, fresh and original, scarce HK$2,000-3,000

425 Commercial Bank of China, $1, Shanghai, 1929, red serial number D 010435, blue and multicoloured, seal and lions top centre, the God of Wealth at right, reverse blue, sea and lions at top centre, value at centre and at each corner (Pick 13), fresh and original, uncirculated and rare in this grade HK$10,000-12,000

427 Bank of China, 5 yuan, Szechuan, 1 June 1912, red serail number F 520353, black and white and multicoloured, Emperor Huang-Ti at left, gazebo at right, reverse brown and white, lake and garden and bridge, black SZECHUAN overprint low centre (Pick 26p), small Chinese annotation on obverse, about extremely fine and very rare, a lovely note HK$60,000-80,000

428 Bank of China, a selection (17), comprising 1 yuan (2), 5 yuan (7), 10 yuan (3), 50 yuan (2) and 100 yuan and 500 yuan, 1924-1942, included are a 5 yuan of 1926 (Pick 66a), and a 10 yuan, Shanghai, 1924, purple and multicoloured, houses by shoreline at centre (Pick 62), mixed, the last note about extremely fine and rare (17) HK$5,000-7,000

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BANK OF COMMUNICATIONS

432 Bank of Communications, a selection comprising 1 yuan (2), 1931, 1935, 5 yuan, 1935, 10 yuan (3), 1935, 1941, 50 yuan (2), 1941, 100 yuan (2), 1941 (Pick 148b, 154a, 155, 159e, 159a, 161a, b, 162b (2)), generally very fine (10) HK$1,200-1,500

429 Bank of Communications, 5 yuan, Shanghai, 1914, 10 yuan, Shanghai, 1914 and 100 yuan, Chungking, 1914, violet, train on viaduct at centre (Pick 117o, 118o, 120a), first fine, balance good very fine (3) HK$1,000-1,200

433 Bank of Communications, 50 yuan, 1942, dark brown, locomotive at left, 100 yuan (2), 1942, brown, locomotive at left, steam ship at right (Pick 164b, 165 (2)), fine to very fine, scarce (3) HK$1,000-1,200

430 Bank of Communications, 1 yuan, Shanghai, 1935 (second provisional issue), blue serial number B 251124, red, horse at left, reverse red, black Chinese overprint on obverse, black English overprint on reverse (Pick 152), an original good very fine and scarce HK$1,000-1,200

CENTRAL BANK OF CHINA

434 Central Bank of China, a group of notes (52), comprising 37 x 10 yuan of 1936 (Pick 218a), also a 10 yuan of 1937, blue and multicoloured, Sun Yat Sen at left, urn at right (Pick 223a), generally extremely fine, the 10 yuan of 1937 about uncirculated, scarce and attactive (52) HK$11,000-15,000

431 Bank of Communications, 1 yuan, Shanghai, 1 November 1927, red prefix A, blue, train at centre, reverse blue, value (Pick 145Ad), uncirculated and scarce HK$1,000-1,200

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BANKNOTES OF CHINA, HONG KONG AND MACAO

NINE NORTHEASTERN PROVINCES

NATIONAL INDUSTRIAL BANK OF CHINA

435 Nine Northeastern Provinces, Kwantung Branch, 100, 500, 2000 and 5000 yuan, 1945-1948, (Pick 379, 380a, 384, 385), about uncirculated (4) HK$400-500 438 National Industrial Bank of China, 1 yuan, purple and 10 yuan, green, both 1931 with horse galloping over waves, the 10 yuan with Bank of Communications overprint (PS 531, Pick 151), good very fine and fine and scarce (2) HK$3,500-4,500

FARMERS BANK

NINGPO COMMERCIAL BANK 436 Farmers Bank, a selection comprising 20 cents, 1935, 1 and 5 yuan, 1935, 50 cents, 1936, 10 and 20 cents, 1937, 1, 10 and 20 yuan, 1940, 1, 50 and 100 yuan, 1941 and a 500 yuan of 1941 and a 100 yuan of 1942 (Pick 454, 457a, 458a, 459a, 460, 461, 462, 463, 464, 465, 474, 476a, 477a, 478a, 480), mixed grades but generally very fine or better, a few scarcer types included (15) HK$4,000-5,000

NATIONAL COMMERCIAL BANK LIMITED

439 Ningpo Commercial Bank, obverse and reverse uniface $1, Shanghai, 1 September 1925, brown and mauve, mountain at centre, value at left and right and at each corner, reverse red, mauve and green, value at centre and at each corner (Pick 546 for type), mounting marks, small perforations otherwise good very fine and rare, attractive (2) HK$5,000-7,000

437 National Commercial Bank Limited, 1 yuan, Shanghai, 1 October 1923, red serial number B 726363, black and multicoloured, Mandarin at right, reverse green and white, value at right, cockerel at left (Pick 517a), a fresh and original good extremely fine and rare HK$14,000-18,000 WWW.SPINK.COM

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440 Ningpo Commercial Bank, proof $5, Shanghai, 1 September 1925, green and mauve, bank building at centre, value at left and right and at each corner, reverse brown and pale brown, urn at centre, value at centre and at each corner (Pick 547 for type), mounting marks on corners of obverse only, small perforations otherwise extremely fine and rare, attractive (2) HK$3,000-3,500

443 Ningpo Commercial Bank, proof $10, Shanghai, 1 September 1925, blue and pink, mountain at centre, value at left and right and at each corner, reverse purple and pale green, urn at centre, value at centre and at each corner (Pick 548A for type), mounting marks on corners of reverse only, small perforations otherwise extremely fine and rare HK$5,000-6,000

441 Ningpo Commercial Bank, proof $5, Shanghai, 1 September 1925, green and mauve, bank building at centre, value at left and right and at each corner, reverse brown and pale brown, urn at centre, value at centre and at each corner (Pick 547 for type), mounting marks on corners of reverse only, small perforations otherwise extremely fine and rare, attractive (2) HK$4,000-4,500

444 Ningpo Commercial Bank, proof $100, Shanghai, 1 September 1925, purple, blue and pink, mountain at centre, value at left and right and at each corner, reverse purple and pale green, urn at centre, value at centre and at each corner (Pick 548B for type), mounting marks on corners of obverse only, small perforations otherwise extremely fine and rare HK$5,500-6,500

442 Ningpo Commercial Bank, proof $10, Shanghai, 1 September 1925, blue and pink, mountain at centre, value at left and right and at each corner, reverse purple and pale green, urn at centre, value at centre and at each corner (Pick 548A for type), mounting marks on corners of obverse only, small perforations otherwise extremely fine and rare HK$3,500-4,000

445 Ningpo Commercial Bank, proof $100, Shanghai, 1 September 1925, blue and pink, mountain at centre, value at left and right and at each corner, reverse purple and pale green, urn at centre, value at centre and at each corner (Pick 548A for type), mounting marks on corners of reverse only, small perforations otherwise extremely fine and rare HK$7,000-9,000 91

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BANKNOTES OF CHINA, HONG KONG AND MACAO

TAH CHUNG BANK

446 Tah Chung Bank, 1 yuan, Peking, 15 January 1938, red serial number P 0450816P, green, black and white, the Great Wall of China at right, reverse green, value (Pick 564), original and fresh, extremely fine, HK$2,500-3,500

BANK OF TERRITORIAL DEVELOPMENT

449 Bank of Territorial Development, part issued $10, ND (1916), serial number A213956, black, pink and multicoloured, house at left, reverse violet and white, value at centre (Pick 584r), cancelled with ink stamp, good extremely fine, attractive and scarce HK$2,000-2,500

MINISTRY OF COMMUNICATION, PEKING-HANKOW RAILWAY

447 Bank of Territorial Development, $5, Kiangsu, 1 December 1914, red serial number SU 0030586, violet, borders with yellow tinge, shoreline in oval frame at centre, reverse violet, value (Pick 567), good very fine, scarce HK$1,500-2,000

448 Bank of Territorial Development, $5, Kalgan, ND (1916), red serial number A 048008, black and pale green and multicoloured, house on a lake at right, reverse green, value (Pick 583a), extremely fine and a handsome note, scarce HK$2,000-2,500

450 Ministry of Communications, Peking-Hankow Railway, $5, purple and red, also $10, blue and brown, both February 1922 (Pick 589, 593), almost uncirculated and scarce (2) HK$500-700

MARKET STABILIZATION CURRENCY BUREAU

451 Market Stabilization Currency Bureau, 10 coppers, blue, 20 coppers, violet, 40 coppers, brown and 50 coppers, red, all 1915, all buildings on a hillside at left, the Temple of Heaven at right (Pick 599, 600, 601, 602b), extremely fine (4) HK$2,500-3,500

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455 Short Term Interest Bearing Exchange Note, 1 yuan, 1922, maroon serial number 0428117, brown, building at centre, reverse red and white, text (Pick 638), purple handstamp, extremely fine HK$2,000-3,000

452 Market Stabilization Currency Bureau, 10 copper coins, blue and brown and 20 copper coins, 1922, violet and blue, pagodas at left and right (Pick 609, 610), very fine and about uncirculated (2) HK$1,500-2,000

EXCHANGE BANK OF CHINA

453 Market Stabilization Currency Bureau, 20 cents, 1 June 1923, violet, gateway at centre, 1 yuan, blue, bridge and 5 yuan, blue, bridge (Pick 617a, 623, 642), uncirculated, good very fine and very fine (3) HK$1,500-2,000

456 Exchange Bank of China, $5, Tientsin, 1 January 1920, blue serial number 635500, red and $10, red serial number 173838, blue, both fortified gatehouse at centre (PS 305r, 306r), about uncirculated and scarce (2) HK$3,000-5,000

FIXED TERM INTEREST BEARING EXCHANGE NOTES

454 Fixed Term Interest Bearing Treasury Notes, 5 yuan, 1919, red serial number 0107545, green, value at centre, black chop at right, reverse green, text (Pick 628), good extremely fine HK$500-1,000 93

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BANKNOTES OF CHINA, HONG KONG AND MACAO

JAPANESE IMPERIAL GOVERNMENT

BANK OF TAIWAN

457 Japanese Imperial Government, 10 sen, 1937 black, white and pale blue, two Onagadori cockerels top centre, reverse pale blue, red seal low centre (Pick M1a), very fine HK$1,000-1,500

458 Bank of Taiwan, 1 yen in gold, ND (1904), red serial numbers, black on yellow, Onagadori cockerels top centre, dragons below, reverse mauve, value and text (Pick 1911), a pleasing very fine and scarce HK$2,000-3,000

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461 Bank of Taiwan Limited, 10 yen, ND (1916), red serial number 874972, black, lilac and tan, pagodas at right, reverse mauve, sea-scape at centre, value at left and right (Pick 1923), some rust spotting, about fine, scarce HK$1,500-2,000

459 Bank of Taiwan, 10 yen in gold, ND (1906), red serial numbers, black and white vertical format, Onagadori cockerel top left and right, dragon low left and right, reverse green, value and bank title (Pick 1913), slight spotting otherwise an original good very fine with heavy paper and very attractive, rare in this grade HK$5,000-7,000

462 Bank of Taiwan, a selection comprising 1 yen, 5 yen (2), 10 yen (2) and 100 yen (3), 1932-1945 (Pick 1925a, 1926a, 1927a, 1928a1929a, 1930b, 1932b), generally fine to very fine (8) HK$2,500-3,000

463 Bank of Taiwan, Chinese Administration, a group of notes (23), 1946-1972, including 10000 yuan of 1948, dark green, Sun Yat Sen at centre (Pick 1944), generally uncirculated (23) HK$5,000-6,000

460 Bank of Taiwan Limited, 1 yen, ND (1915), red serial number 162432, blue, palace and stairway at right, reverse green, sea-scape at centre (Pick 1921), almost extremely fine and scarce HK$1,500-2,500

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BANKNOTES OF CHINA, HONG KONG AND MACAO

464 Bank of Taiwan, Chinese Administration, 10 yuan (2), 1950, prefixes B, P, blue and multicoloured, Sun Yat Sen top centre, one Matsu branch, (Pick 1962, R117), uncirculated, scarce (2) HK$2,000-2,700

465 Taiwan, Chinese Administration, Kinmen Branch, 1 yuan, 1949, 5 yuan, 1966, and 50 yuan, 1959, 50 yuan, 1970, 1 yuan, 1959 (Pick R 102, 109, 111, 121, 119), uncirculated (5) HK$2,000-2,500

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466 Taiwan, Chinese Administration, 50 yuan, 1946, brown, 10000 yuan, 1948, dark green, both Sun Yat Sen at centre (Pick 1938, 1944), good extremely fine and scarce (2) HK$1,200-1,600

469 Chekiang Provincial Bank, 1 yuan, 1939, red serial number 1363465, blue, building on hillside at left, reverse blue, value (PS 888), uncirculated and a ‘lucky’ Pick reference HK$1,000-1,200

CHEKIANG PROVINCIAL BANK

TUNG WAI BANK

467 Chekiang Provincial Bank, $1, 1949, blue serial number AB 986544, red and white, pagoda at left, Sun Yat Sen at right, also a 1 yuan of 1941, blue, buildings at left (PS 866, 893), about fine, about extremely fine (2) HK$1,100-1,500

470 Tung Wai Bank, unissued $5, Chinkiang, 1 November 1912, red serial number 01176, blue, yellow and green, globe with bat to left and right at top centre, value at centre and at each corner, reverse green and pale yellow, globe and bats top centre, pagoda low centre, value at left and right (Pick unlisted), good extremely fine and rare, attractive HK$6,000-8,000

468 Chekiang Provincial Bank, an obverse and reverse 5 silver dollars, year 39 (1950), red serial number AA 000000, green and white, Sun Yat Sen at right, reverse green and white, pagoda at right (PS 869s), uncirculated and scarce (2) HK$2,000-3,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

KIRIN YUNG HENG BANK

CHIHLI TREASURY EXCHANGE

472 Chihli Treasury Exchange Note, 5 yuan, 1928, red serial number 0196255, green, dredger at centre in oval frame, value at left and right, reverse green (PS 1242a), fine, scarce HK$1,000-1,500

PROVINCIAL BANK OF CHIHLI

471 Kirin Yung Heng Bank, 10 tiao, 1928, maroon serial number 06290, orange and white, red seals, reverse green and blue, allegorical scene low centre, red seals on face (PS 1080), about very fine HK$3,000-4,000

473 Provincial Bank of Chihli, $1, black and pale greenblue and $10, black and salmon pink, both Tientsin, 1920, 20 coppers, 1925, purple and pale green, 20 coppers, 1926, lilac and brown and 10 and 20 cents, 1926, violet and green respectively, the Great Wall at right (PS 1263b, 1265b, 1276, 1282, 1285, 1286), the $10 and the first 20 copper, fine, balance extremely fine or better (6) HK$3,500-4,500

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HIO LUNG KIANG GOVERNMENT NOTE

474 Provincial Bank of Chihli, 1 yuan, purple, 5 yuan, blue and 10 yuan, red, all Tientsin, 1 October 1926, all fortified gateway at centre (PS 1288, 1289a, 1290a), generally about very fine (3) HK$1,200-1,600

KUNG-TSI BANK OF FENGTIEN

475 Kung-Tsi Bank of Fengtien, 100 cash (2), 1922, both red serial numbers, prefix M, black and white, gatehouse at left, reverse green and white (PS 1365), uncirculated (2) HK$2,000-2,400 476 Hio Lung Kiang Government Note, 5 coppers, 1913, black handstamp serial number 03616, black and white, flowers around border, two red chops, reverse red and white, text at centre (PS 1474), VG but rare HK$1,000-1,500

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BANKNOTES OF CHINA, HONG KONG AND MACAO

PROVINCIAL BANK OF HONAN

SINGKIANG BANK

477 Provincial Bank of Honan, 50 copper coins, 1923, brown, building at left and right, red UU in field, also 1 yuan, red, 5 yuan, green and 10 yuan, green, all Tientsin, 15 July 1923, all red serial numbers, buildings (PS 1682b, 1688c, 1689c, 1690c), original good very fine, scarce (4) HK$5,000-6,000

HO PEI METROPOLITAN BANK

478 Ho Pei Metropolitan Bank, 4 copper coins, green, 6 copper coins, brown and 20 copper coins, blue-grey, all 1938, all house and bridge at centre (PS 1710J, 1710k, 1710m), uncirculated, last note an original good very fine (3) HK$2,500-3,000

479 Singkiang Bank, 400 cash (9), 1931, green and pink, text at centre (PS 1851), generally fine to very fine (9) HK$2,500-3,500

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HULUNPEIERH OFFICIAL CURRENCY BUREAU

HUPEH PROVINCIAL BANK

480 Hulunpeierh Official Currency Bureau, 100 yuan, 1919, dark green and orange-pink, house and flags at centre, value at each corner, reverse red and green, house at centre (PS 1892m), very fine, pleasing and rare HK$10,000-12,000

HUNAN BANK

482 Hupeh Provincial Bank, 10 cents, 1928, red serial number AK 596487, blue, building top centre, reverse brown (PS 2101), good very fine, scarce HK$1,000-1,500 481 Hunan Bank, 10 coppers, blue, 20 coppers, blue, 30 coppers, green and 100 coppers brown and pale blue, all Changsha, 1 January 1917, all building at left and right, reverse bank building (PS 2056, 2057, 2058, 2060), the 30 fine, balance very fine or better, scarce (4) HK$3,000-4,000

HSING YEH BANK OF JEHOL

483 Hsing Yeh Bank of Jehol, $1, Jehol, 1920, red serial number 0522627, green, building at centre, reverse brown and white, buildings in oval frame at centre (PS 2168g), good very fine, scarce HK$1,500-2,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

TAISHUN COMMERCIAL BANK

485 Taishun Commercial Bank of China, Kuantung and the Commercial Bank of Canton, specimen $10, Kuantung, 19- (1912), no serial numbers, red and pale green and orange, goats top centre, reverse black, blue and orange, building at left, scales and cherub at right (PS unlisted), perforated and Chinese handstamp on obverse and reverse, good very fine, attractive and rare HK$30,000-35,000

484 Taishun Commercial Bank of China, specimen $1, Canton above, Kuantung below, 19- (1912), no serial numbers, blue and pale green and orange, reverse black, pale blue and orange, scales and bow top centre (PS unlisted), perforated, extremely fine, attractive and rare HK$8,000-12,000

486 Taishun Commercial Bank of China, Kuantung and the Commercial Bank of Canton, part issued $10, Kuantung, 19- (1912), red serial number Q 08711, red and pale green and orange, goats top centre, reverse black, blue and orange, building at left, scales and cherub at right (PS unlisted), very fine, attractive and rare HK$15,000-25,000

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CANTON MUNICIPAL BANK

488 Canton Municipal Bank, $5, 1 May 1933, blue serial number E 039233, green, and mauve, building at centre, arms above, also $1, 1 May 1933, brown, monument and arms at centre (PS 2279c, 2278c), good fine and very fine (2) HK$1,800-2,500

487 Canton Municipal Bank, 10 cents, 1 May 1913, red serial number B 034958, red, Sun Yat Sen at centre, arms above, reverse blue, also a 20 cents, orange-red, Sun Yat Sen and arms, reverse blue-grey (PS 2276, 2277), uncirculated and good fine, scarce (2) HK$2,000-2,500

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BANKNOTES OF CHINA, HONG KONG AND MACAO

489 Canton Municipal Bank, $10, Canton, 1 May 1933, blue serial number C 436718, red and pale green, building at centre, arms top centre, reverse green, Sun Yat Sen at centre, value at left and right (PS 2280c), quite fresh good very fine HK$2,000-2,500

490 Canton Municipal Bank, $10, Canton, 1 May 1933, blue serial number C 480427, red and pale green, building at centre, arms top centre, reverse green, Sun Yat Sen at centre, value at left and right (PS 2280c), good very fine HK$1,500-2,000

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PROVINCIAL BANK OF KWANGSI

THE KIRIN YUNG HENG PROVINCIAL BANK

491 Provincial Bank of Kwangsi, $5, Wuchow, January 1926, red serial number A 0694369, blue and salmon pink, house at left, coastline and cliff at right, reverse green, Great Wall in distance and $10, Liuchow, 1926, red serial number A 463300, brown and pale grey-green, reverse pale blue (PS 2326j, 2327c), original good very fine, scarce (2) HK$2,500-3,500

492 Provincial Bank of Kwangsi, $1, black, $5 (3), purple and $10, brown, all 1929, all hill and river at centre, value at left and right (PS 2339a, 2340a, 2341a), generally very fine (5) HK$2,000-2,500

KWANSI BANK 494 Kirin Yung Heng Provincial Bank, 1 tiao, 1911, black and white, dragons top left and right, red seals on face of note (Pick S968), good very fine and rare HK$2,000-3,000

493 Kwansi Bank, $1, Lungchow, 1921, serial number N 0616462, dark green, pale yellow and lilac, mountain pass at left, waterfront buildings at right, flags to centre, reverse blue-brown, text (PS 2351c), fine, oval handstamp on reverse, scarce HK$1,500-2,000 105

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PROVINCIAL BANK OF KWANGTUNG PROVINCE

495 Provincial Bank of Kwangtung Province, 20 and 50 cents, $1, 5 and 10, all 1 January 1918 (PS 2407a, 2408a, 2401c, 2402b, 2403c), fine to very fine (5) HK$800-1,200

MARKET STABILIZATION CURRENCY BUREAU

497 Market Stabilization Currency Bureau, 10 copper coins, 1924, red serial number 257406, brown and pale blue, fortified gateway at centre, reverse blue, value at centre (PS 2589), an original and attractive good very fine, rare HK$6,000-8,000

SHAN HSI ZING FUN BANK

496 Provincial Bank of Kwangtung Province, $50, Canton, 1 January 1918, red serial number 084703, brown and multicoloured, house and garden at centre, value at left and right, reverse olive-green, value at left and right, also $100, red serial number 004798, green and multicoloured, large building at centre, reverse blue, value (PS 2404c, 2405c), handstamp at right, good very fine and very fine (2) HK$1,600-2,400

498 Shan Hsi Zing Fun Bank, 10 liang, 1913, serial number 20549, blue and pale green, ship at left, locomotive at right, variuos red chops in field, reverse black and grey, text, red chops (Pick unlisted), an attractive extremely fine, rare HK$6,000-8,000

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SHANTUNG PROVINCIAL TREASURY NOTE

SHAN TUNG BANK

499 Shantung Provincial Treasury note, 1 yuan, 1926, red serial number 0371190, pale red and pale orange, pagoda at left, workers in rice field at right, reverse mauve, text, red seal at centre (Pick 2718), good very fine and scarce HK$2,000-3,000

501 Shan Tung Bank, an unissued 10 silver yuan, 1916, violet and multicoloured, house at left, pagoda at right, two small red chops low centre, reverse green and orange, gate way at centre, value at left and right (PS 2772s), four Chinese character perforations, about uncirculated and rare HK$3,000-4,000

PROVINCIAL BANK OF SHANTUNG

PROVINCIAL BANK OF THE THREE EASTERN PROVINCES

500 Provincial Bank of Shantung, 5 yuan, Tsinan, 1 October 1925, red serial number A 358773, violet and multicoloured, house on a hilltop at centre, reverse violet and white, value (PS 2758a), good very fine HK$800-1,200

502 Provincial Bank of the Three Eastern Provinces, $1, 1920, red serial number B 0552833, green and white, houses at centre in oval frame, reverse blue, black overprint top centre, value at left and right and at each corner (PS 2916), extremely fine, rare HK$2,000-3,000

503 Eastern Provincial Bank, 5 cents, blue and pale green and 10 cents, green and orange, both 1 January 1921, red serial numbers, buildings at left, value at right (PS 2921a, 2922a), extremely fine and uncirculated and scarce (2) HK$4,000-5,000 107

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YUNNAN PROVINCIAL BANK

504 Provincial Bank of the Three Eastern Provinces, $5, 1 January 1924, blue serial number V 955855F, green and multicoloured, building at centre, reverse orange, value at left and right (PS 2952a), fine, scarce HK$5,000-6,000

505 Provincial Bank of the Three Eastern Provinces, $10, 1 January 1924, blue serial number XS 966235, brown, green and multicoloured, building at centre, reverse red, value at left and right (PS 2953), very fine, scarce HK$2,000-3,000 506 Yunnan Provincial Bank, 5 silver yuan, 1949, blue serial number SF 0160626, pale red and pale green (PS 3025a), good extremely fine, scarce HK$3,000-3,500

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MILITARY EXCHANGE BUREAU

NATIONAL PACIFICATION ARMY NOTE

507 Military Exchange Bureau, 1 yuan, 1927, red serial number G 0295742, black and white, junks at left, steamship at right, reverse green, the Great Wall of China at centre, value at left and right (Pick 595), an original and pleasing good very fine, rare HK$7,000-9,000

509 National Pacification Army Note, $1, 1912, handstamped serial number 18852, green, crossed flags top centre, reverse green (PS 3814), extremely fine and rare HK$3,000-5,000

SOUTHERN PEOPLE’S BANK

REPUBLICAN CHINA MILITARY NOTE

508 Southern People’s Bank, 10 yuan, 1912, red serial number SR 082654, green, hut at centre, reverse green (PS 3489), extremely fine HK$800-1,000

510 Republican China Military Note, $5, Shanghai, 1912, red serial number 028576, black text on orange and white, reverse green and white, red ‘Shanghai’ in script across face (PS 3819a), central crease otherwise good very fine, scarce HK$6,000-8,000

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PROVINCIAL BANK OF HONAN

513 Bank of the Northwest, 10 yuan, Fengchen, 1 March 1925, red serial number 0004377, green, railroad track at left, reverse green, value (PS 3875a), uncirculated and scarce HK$1,000-1,500

PROVINCIAL ARMY NOTE OF SHANTUNG

511 Provincial Bank of Honan, 1 yuan, 1921, red serial number 0870507, dark green and white, red seal across face, man at centre, reverse red and white and pale blue, value (PS 3855), extremely fine and scarce HK$2,000-3,000

BANK OF THE NORTHWEST

514 Provincial Army Note of Shantung, 1 yuan, blue, garden and stairway and a 5 yuan, both 1 October 1926, red, garden and stairway (PS 3939, 3940), good extremely fine, scarce (2) HK$5,000-6,000

RUSSIAN MILITARY ISSUE

512 Bank of the Northwest, 20 coppers, Kalgan, 1 March 1925, red serial number 1394463, brown and green, pagoda at centre and 1 yuan, red serial number 0031676, blue, railroad tracks at left (PS 3865a, 3871a), extremely fine and very fine with slight damage at low magin on the 1 yuan, the 20 coppers scarce (2) HK$1,000-2,000

515 Russian Military Issue, 1, 10 and 100 yuan, 19451946, (Pick M31, 33, 36), fine to very fine (3) HK$800-1.000

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FEDERAL RESERVE BANK OF CHINA

MENGCHIANG BANK

516 Federal Reserve Bank of China, $1, 1938, red serial number R 0490999, green, dragon and boats, Confucius at left, reverse green, also 100 yuan, brown, dragon (Pick J54a, 59), very fine and scarce (2) HK$1,500-2,000

519 Mengchiang Bank, 1 chiao, 1940, brown, camels and 1 yuan, 1940, green, the Great Wall of China at centre (Pick J101a, a, 104), very fine and extremely fine (2) HK$1,000-1,200

517 Federal Reserve Bank of China, 1 yuan, 1938 (1939), red serial number, green, dragon and boats, Confucius at left, reverse green, 5 yuan (2), orange and 10 yuan, blue, dragon all red serial numbers, smaller format than first issue with same design (Pick J61, 62a, 63a), generally very fine, scarce (4) HK$1,500-2,000

520 Mengchiang Bank, 100 yuan, ND (1945), series 4, green, herdsman with goats at centre (Pick J110a), good extremely fine HK$1,200-1,500

JAPANESE PUPPET BANKS MANCHUKUO

518 Japanese Puppet Banks, a selection of the 19401945 issues (33), including 100 yuan (Pick J100) 1938 (Pick J59), 500 yuan, 1944 (Pick J 84a) ,500 Yuan 1943, Sun Yat Sen portrait (Pick J24Aa), 10 yuan 1944 (Pick J81a), 500 yuan (3) 1945, blue, Temple of Heaven at left, 1000 yuan, 1945, green, the Great Wall of China (Pick J89a, J91a), generally fine to very fine (30) HK$3,000-4,000

521 Manchukuo, Central Bank, 1 yuan, blue, 5 yuan, brown and 10 yuan, blue, all ND (1932), all flag at left, bank building at right (Pick J125a, 126a, 127a), generally about fine and scarce (3) HK$2,500-3,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

TUNG PEI BANK OF CHINA

522 Manchukuo, Central Bank, a selection comprising 50 fen, 5 chiao, 1 yuan, 5 yuan, 10 yuan (2), 100 yuan (2), and 5 chiao, 1935-1944 (Pick J129a, 130a, 131b, 132b, 133b, 138, 134), generally fine (9) HK$1,500-2,000

525 Tung Pei Bank of China, 250 yuan, 1948, brown, soldiers, also Pei Hai Bank of China, 1000 yuan, 1948, city view (PS 3755, 3623A), fine and VG (2) HK$1,000-1,200

COMMUNIST ISSUES JAPANESE MILITARY ISSUES

523 Japanese Military Issues during World War II, a selection comprising 21 notes, 1937-1945 and including a 10 sen of 1937, also 100 yen (3), for issue in Hong Kong (Pick M1a, 7a-28a, PM 28, 30), mixed grades (24) HK$3,000-4,500

526 Communist Issue, 10000 yuan, 1949, green, battleship at centre (Pick 854), good very fine HK$500-800

SHAANGANNING BIANKY Y INXAN 527 Communist Issues, a selection (8), 1960-1965), comprising 1 yuan (2), 2 and 5 yuan, 1, 2 and 5 jiao and a 10 yuan of 1965 (Pick 874a, 875b, 875a, 877, 878a, 880a, 879a), mixed grades (8) HK$500-700

524 Shaanganning Biank y Inxan, 50 yuan, 1942, red serial number 07408, blue, building at centre, reverse mauve, value (PS 3658), VG to fine, scarce HK$1,500-2,000

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QING/FUKIEN PROVINCE

QING/SHEN FA GO

529 Qing Dynasty, private issues for the Shen Fa Go Government, 1847, blue text on white paper, red seals on face very fine and scarce (2) HK$1,000-1,200

528 Qing Dynasty, Fukien Province, Po An Fu Government issues for 1799, 1802 and 1855 respectively, blue text on white paper, red seal on face very fine, rare (3) HK$2,000-3,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

SAN I CH’IEN TIEN

CHIEN CHEN CH’IEN TIEN

531 Chien Chen Ch’ien Tien, 10 tiao commercial note, 1860-1890, blue text on white paper, various red and black seals (Smith-Matravers C 131), good very fine, rare HK$1,200-1,500

530 San i Ch’ien Tien, 40 coppers commercial note, 1860-1890, blue text on white paper, various red and black seals (Smith-Matravers S 6), good very fine, rare HK$1,200-1,500

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YUNG T’AI CH’IEN P’U

TUNG SHEN SHANTUNG BANK

532 Yung T’ai Ch’ien P’u, 10 tiao commercial note, 1860-1890, blue text on white paper, various red and black seals (Smith-Matravers Y 96), spindle holes top centre otherwise good very fine, rare HK$1,500-2,500 533 Tung-Sheng Shantung Bank, 1912 poor HK$500-1,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

YONG XIANG QUAN, PENG LAI CITY

534 Yong Xiang Quan Peng Lai City, Shandong, 1 tiao, unissued remainder from private bank, orange with black ornate borders (Pick not listed), almost uncirculated HK$500-600

QING/HEAVENLY KINGDOM CLOTH NOTE

535 Qing Dynasty, Taiping Heavenly Kingdom, cloth note for 1 yuan, 1852, purple text on cloth, dragon top centre, red stamp with two figures low centre, good very fine and rare HK$2,000-3,000

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CHIU DAH PRIVATE BANK

KUO HAIEN KUNG LI CHI’EN CHII BANK

538 Kuo Haien Kung Li Chi’en Chii Bank, 10 cents, 1931, blue, houses at right, reverse blue-grey, value (Pick unlisted), uncirculated, together with a Kung Hai Bank 10 cents private issue, 1931, blue and white with red chops (2) HK$700-900

PONGPU CURRENCY NOTE

536 Chiu Dah Private Bank, 20 coppers, Shanghai, red serial number 047479, blue, warrior riding tiger at centre, reverse brown, urn (Pick unlisted), extremely fine, unusual and rare HK$1,500-2,000

HUI TUNG & CO

539 Pongpu Currency Note, 20 coppers, 1927, red serial number 17025, blue-green, boats top centre, reverse brown (Pick unlisted), uncirculated and scarce HK$1,400-1,600

537 Hui Tung & Co., 1 yuan, ND, red serial number 25892, green and pale orange, hut on pier at centre, reverse brown and pale blue (Pick unlisted), uncirculated, scarce HK$1,000-1,200 117

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SHANTUNG PROVINCE

LEE YICK CHEONG BANK

541 Lee Yick Cheong Bank, a $1 remainder, WaishaSwatow, blue and black, quayside scene at left, reverse green, text, also Gwa-Swarmum Bank, $1 remainders (2), 1914, green and yellow, globe and eagle at centre, reverse blue, junk in a gorge at centre (Pick unlisted), good extremely fine or better (3) HK$1,500-2,000

CHIP YAH BANK

542 Chip Yah Bank, $5, Swatow, 1914, red serial number Y 08414, purple and multicoloured, quay side scene at centre, reverse dark brown and green and pink (Pick unlisted, Smith-Matravers C66), uncirculated and scarce HK$1,500-2,500

540 Shantung Province, 2000 cash, blue and green, allegorical scenes extremely fine HK$500-1,000 WWW.SPINK.COM

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NATIONAL GOVERNMENT OF THE REPUBLIC OF CHINA

543 National Government of the Republic of China, 50 and 100 dollar loan of 1942, red and violet respectively, ship at left, locomotive at right, also three Nationalist Government lottery loans good very fine (5) HK$1,000-1,500

BANK OF CANTON REFUNDING NOTES

KAI TAI GOLDSMITHS NOTE

544 Bank of Canton Refunding Notes, $5 and $10 and $100, 1935, extremely fine, scarce (3) HK$3,000-4,000

545 Kai Tai Goldsmiths Note, coupon for $10, serial number 01034, ND (ca 1940’s), red and yellow in think card like paper, handstamped good very fine, unusual and attractive, rare HK$1,000-1,200

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BANKNOTES OF CHINA, HONG KONG AND MACAO

FOREIGN BANKS CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

546 Chartered Bank of India, Australia and China, part-issued $ 50, Shanghai, 1 June 1921, orange and pink, arms top centre, value top left and right and in green underprint at centre, printed signature low right, reverse green and white, value and bank title (PS 186b for type), good extremely fine and scarce, attractive HK$18,000-24,000

547 Chartered Bank of India, Australia and China, unissued $5, Tientsin, 19- (ca.1929), blue on pale blue-green, arms top centre, value top left and right, bank initials in underprint at centre, reverse blur and white, value and bank title (PS 201 for type), good extremely fine and scarce HK$10,000-15,000

548 Chartered Bank of India, Australia and China, unissued $100, Tientsin, 19- (ca.1929), red on pale blue, arms top centre, value top left and right, reverse red and white, value and bank title (PS 207 for type), good extremely fine and scarce HK$20,000-25,000

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CHINESE-ITALIAN BANKING CORPORATION

HONG KONG AND SHANGHAI BANKING CORPORATION

549 Chinese-Italian Banking Corporation, 1 yuan, green, 5 yuan, brown and 10 yuan, blue, all 15 September 1921, all with serial numbers but no signatures, all bridge at centre (PS 253, 254, 255), uncirculated (3) HK$2,500-3,000

551 Hong Kong and Shanghai Banking Corporation, $5, Shanghai, 1 March 1923, serial number 666335, blue and multicoloured, manuscript signature low left, printed low right, arms top ventre, reverse purple, Ceres and cherubs (PS 353), fine HK$4,000-6,000

DEUTSCHE-ASIATISCHE BANK INTERNATIONAL BANKING CORPORATION

550 Deutsche-Asiatische Bank, part issued 5 taels, Peking, 1 March 1907, red serial number 01574, brown and green, Germania at right, Imperial eagle top left, dragon low left, reverse green and brown, bust of Germania at left and right, value at centre and at each corner (PS 269, Rosenberg 1034), good extremely fine and rare, a striking note and no example in the Manfred Kranz collection sold at Spink in Hong Kong January 2012 HK$60,000-70,000

552 International Banking Corporation, $1, Shanghai, 1 July 1918, orange, eagles and globe at centre, reverse green (PS 423a), poor HK$500-600

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BANKNOTES OF CHINA, HONG KONG AND MACAO

SINO-SCANDINAVIAN BANK

553 Sino-Scandinavian Bank, specimen 48 copper coins, 1926, red zero serial numbers, red and green, house and trees at centre, reverse red, the Great Wall of China at centre, value at left and right (PS 584As), slight worm damage top right, otherwise good very fine and rare HK$2,500-3,000

554 Sino-Scandinavian Bank, 1 yuan, Yungchi currency, 1 February 1922, red serial number A 0146423, green, bridge and 5 yuan, red serial number B 0071809, brown, pagoda and trees, both black overprints, reverse Viking longship at centre (PS 580, 581), original, almost extremely fine and scarce (2) HK$1,500-2,500

555 Sino-Scandinavian Bank, 5 yuan, Tientsin, 1 February 1922, red serial number Q 0164582, brown and multicoloured, pagoda and trees, reverse, brown, Viking longship at centre (PS 592), original, extremely fine and scarce HK$1,200-1,400

556 Sino-Scandinavian Bank, 10 yuan, Peking, 1 February 1922, red serial number C 0013029, blue, shoreline, pagoda and trees, reverse, blue, Viking longship at centre (PS 588), fine and scarce HK$1,200-1,600

557 Sino-Scandinavian Bank, 10 yuan, Tientsin, 1 February 1922, red serial number F 0026312, blue, shoreline, pagoda and trees, reverse, blue, Viking longship at centre (PS 588), good fine and scarce HK$1,500-2,000

558 Sino-Scandinavian Bank, 20 cents, Tientsin, 1 October 1925, red serial number W 0032187, red, pagoda and trees at left, reverse, purple, value (PS 596), good very fine and scarce HK$600-800

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RUSSO-ASIATIC BANK

559 Russo-Asiatic Bank overprint in dark blue on a Russo-Chinese Banknote, $50, Harbin, ND (1910), black serial number A 7138, red, black and pale blue, dragon at centre, value at left and right, English text, two printed signatures below, reverse brown and multicoloured, bank building at centre, dragon at left and right, Chinese text and dark blue overprint (PS 465), an original good extremely fine and a lovely example, very rare especially in this grade HK$60,000-80,000

560 Russo-Asiatic Bank overprint in dark blue on a Russo-Chinese Banknote, $100, Harbin, ND (1910), black serial number A 5305, red, black and multicoloured, dragon at centre, value at left and right, English text, two printed signatures below and an additional manuscript signature low right, reverse green and multicoloured, bank building at centre, dragon at left and right, Chinese text and dark blue overprint (PS 466), an original good extremely fine to uncirculated and a gorgeous example, extremely rare especially in this grade HK$100,000-120,000 123

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561 Russo-Asiatic Bank overprint in dark blue on a Russo-Chinese Banknote, $500, Harbin, ND (1910), black serial number A 1853, pink-red, orange, black and multicoloured, dragon at centre, value at left and right, English text, two printed signatures below and an additional manuscript signature low right, reverse blue and multicoloured, bank building at centre, dragon at left and right, Chinese text and dark blue overprint (PS 467), slight damage low left and top right tip missing otherwise an original good very fine, extremely rare and a spectacular example of this iconic series HK$120,000-160,000

562 Russo-Asiatic Bank, 100 rubles, 1917, red serial number 34891, black and multicoloured, value at left and right, reverse brown, locomotive at centre (PS 478a), very fine, original and scarce HK$2,000-3,000

563 Russo-Asiatic Bank, 10 rubles, 1917, blue serial number 498616, dark brown and multicoloured, value at left and right, reverse red, locomotive at centre (PS 476a), good very fine, original and scarce HK$3,000-4,000

564 Russo-Asiatic Bank, 50 kopeks, 1917, blue-grey, locomotive and 1 ruble, 1917, pink-brown and multicoloured, also 3 rubles, 1917, green and multicoloured (PS 473a, 474a, 475a), good very fine, last extremely fine and original (3) HK$1,800-2,200

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HONG KONG

CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

GOVERNMENT ISSUE

568 Chartered Bank of India, Australia and China, $10, Hong Kong, 1 August 1929, serial number N/B 610986, purple, arms at centre, value in red underprint low centre, boats on the water at left and right, one manuscript and one printed signature below, reverse purple, bank head office at centre, value at left and right (Pick 50, Ma S 11a), almost very fine, scarce HK$12,000-15,000

565 Hong Kong Government, a selection of fractionals comprising 1 cent (2), 1941, 5 cents (3), 10 cents (3) and 1 cent Elizabeth II (27) (Pick 313b, 314, 321, 322, 326, 315a, 323, 327, 325a), mixed, generally uncirculated (35) HK$1,500-2,000

566 Hong Kong Government, a selection comprising $1 (6), George V, George VI (4), purple, blue and two green dated 1949 and 1952, also Elizabeth II, 1959 (Pick 311, 312, 316, 324a, b, 324Ab), mixed, the George V VG, the blue George VI uncirculated HK$3,000-5,000

569 Chartered Bank of India, Australia and China, $5, 26 February 1948, blue serial number S/F 1909179, green, red 5 at centre and $10, 12 February 1948, blue serial number T/G 2442872, red and green, both helmeted male head at left, two printed signatures (Pick 54b, 55c, Ma S 5a, 12), extremely fine and good very fine (2) HK$16,000-20,000

567 Hong Kong Government, emergency issue $1, ND (1941), overprinted in red on a Bank of China 5 yuan of 1941 (Pick 317, Ma G 150, an original good very fine HK$1,200-1,600 125

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BANKNOTES OF CHINA, HONG KONG AND MACAO

CHARTERED BANK

570 Chartered Bank, $100, 6 December 1956, serial number Y/M 841533, green and multicoloured, Britannia at centre, arms at right, reverse green, view of Hong Kong at centre (Pick 65, Ma S 32), last date for type, a fresh and original good very fine thus scarce HK$16,000-20,000

571 Chartered Bank, $100, ND (1961-), serial number Y/M 2736582, green, arms at centre, value at left and right, reverse green, view of Hong Kong (Pick 71b, Ma S 33), fresh good extremely fine HK$2,000-3,000

572 Chartered Bank, $500, 1 January 1977, serial number Z/P 489045, green and brown, male head at left, arms at centre, reverse brown, boats at centre (Pick 72c, Ma S 42a), a fresh and original good extremely fine HK$4,000-6,000

573 Chartered Bank, a selection comprising $5 (3), $10(3) and a $50, ND (1970-), blue (Pick 68c, 69, 73b, 64, 70c, 74b, 75a), mixed, the $50 uncirculated and scarce (7) HK$5,000-7,000

HONG KONG AND SHANGHAI BANKING CORPORATION

574 Hong Kong and Shanghai Banking Corporation, $1, 1 January 1925, serial number C 018956, blue and pale orange, head of Minerva at left, arms low right, printed signatures low centre, reverse purple, maiden with lyre at centre (Pick 171, Ma H 3a), soft crease at centre otherwise uncirculated, scarce HK$6,000-8,000

575 Hong Kong and Shanghai Banking Corporation, $1 (3), 1925, 1929, 1935, blue and pale orange, head of Minerva at left, arms low right, printed signatures low centre, reverse purple, maiden with lyre at centre (Pick 171, 172b, 172cMa H 3a, 4), VG, very fine and fine (3) HK$1,600-2,500

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577 Hong Kong and Shanghai Banking Corporation, $100, 2 January 1934, serial number B 544497, red, maiden (Justitia) at left, arms top centre, manuscript signature low left, printed signature low right, reverse red, bank building and angel (Pick 176b, Ma H 31), a Duress issue, fine HK$3,000-4,000

576 Hong Kong and Shanghai Banking Corporation, $50, 1 January 1934, serial number B 462991, green and multicoloured, maiden at top winged wheel at left (Communication), arms top centre manuscript signature low left, printed signature low right, reverse green, bank building and angel at centre, value at left and right (Pick 175c, Ma H 24), a Duress issue, a pleasing very fine and scarce HK$6,000-9,000

578 Hong Kong and Shanghai Banking Corporation, $500, 1 July 1930, serial number B 218075, 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 (Ma H 41), apart from a light central crease a fresh good very fine, rare in this grade, attractive HK$45,000-65,000

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579 Hong Kong and Shanghai Banking Corporation, a selection comprising $5 (4), 1941, 1956, 1967, 1970, $10 (5), 1947, 1956, 1958, 1971 (2), $50, 1969, and $100 (2), 1959, 1967 (Pick 173d, 180a, 181c, 181d, 178d, 179Ab, 179Ac, 182g (2), 184a, 183a, 187a), mixed grades, the $50 and the $100 of 1977 uncirculated (12) HK$6,000-8,000

582 Mercantile Bank Limited, $100 (2), 1965, 1974, red, view of Hong Kong and Britannia respectively (Pick 244b, 245, Ma M 17, 18), fine and good extremely fine (2) HK$1,500-2,500

MACAO BANCO NACIONAL ULTRAMARINO

MERCANTILE BANK OF INDIA LIMITED

580 Mercantile Bank of India Limited, $5, 1 July 1936, serial number 142874, green and pale pink-red, pagoda and island top centre, value at centre and at each corner, two printed signatures below, reverse maroon, Mercury at centre (Pick 235c, Ma M 3), fresh and original, good body to the paper, almost extremely fine thus scarce HK$20,000-25,000

581 Mercantile Bank of India Limited, $10, 29 November 1941, serial number 105977, red and green, allegorical Chinese scene at centre, two printed signatures below reverse green, head of Mercury at centre (Pick 236e, Ma M 6), VG to fine HK$4,000-5,000

583 Banco Nacional Ultramarino, Macao, 1 pataca, 1 July 1910, serial number 92004, brown and plale blue, value top centre, manuscript date and signature low left, reverse blue and brown, arms and value (Pick 1), some rust top left otherwise fine and rare HK$8,000-10,000

584 Banco Nacional Ultramarino, Macao, a contemporary copy of a 10 patacas, handstamped date 30 January 1922, serial number 30244, red and pale green, arms top centre, signatures below, reverse red and pale green, arms at centre, value at left and right (Pick 3 for type), almost very fine and scarce HK$3,500-4,500

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588 Banco Nacional Ultramarino, Macao, 25 patacas, 20 April 1948, serial number 146721, brown and multicoloured, De Camoes at right, ship low centre (Pick 39), almost very fine and scarce HK$4,000-5,000

585 Banco Nacional Ultramarino, Macao, 50 patacas, 5 February 1944, serial number 00788, olive green and white, pale red central guilloche, arms at left, ship seal at right, reverse purple and cream, arms top centre (Pick 25), an original good very fine to about extremely fine, rare thus HK$12,000-15,000

589 Banco Nacional Ultramarino, Macao, 25 patacas, 20 November 1958, serial number B 015167, brown and multicoloured, De Camoes at right, arms low centre (Pick 46a), fresh and original, almost uncirculated thus scarce HK$4,000-5,000

586 Banco Nacional Ultramarino, Macao, 1 pataca, 16 November 1945, serial number 5086881, blue and 5 patacas, 16 November 1945, serial number 533807, green, both arms at left, temple at right (Pick 28, 29), uncirculated and extremely fine, both original and fresh and scarce (2) HK$4,500-6,000

590 Banco Nacional Ultramarino, Macao, 50 avos, ND (1942), olive and pale yellow, 1 avo, ND (1942), 5, 10 and 50 avos, 1946, 10 avos, 1952 (Pick 21, 13, 35, 37a, 38a, 42r), first good fine, 20 avos very fine, balance uncirculated (6) HK$2,000-2,500

587 Banco Nacional Ultramarino, Macao, 50 patacas, 16 November 1945, serial number 114652, blue-grey and pale orange, arms at left, temple at right, reverse blue-grey and lilac, ship seal at centre, value at left and right (Pick 32), very fine, rare HK$10,000-14,000

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591 Banco Nacional Ultramarino, Macao, 100 patacas, 1 August 1966, serial number 667376, brown, pale green and pink, Da Silveira at right, reverse brown, archway and arms (Pick 51a), original, almost extremely fine and scarce HK$2,500-3,500

594 Banco Nacional Ultramarino, Macao, 5 patacas (3), 1968, 1976 (2), brown, 10 patacas (2), 1963, blue, all Carneiro at right, 100 patacas, 1973, blue, cathedral at right (Pick 49a, 54a, 50), one 10 fine, balance uncirculated, the 100 patacas scarce in this grade (6) HK$1,500-2,000

CHAN TUNG CHENG BANK

592 Banco Nacional Ultramarino, Macao, 50 patacas, 1 September 1976, serial number 459023, blue-grey and multicoloured, De Camoes at right, arms low centre, reverse blue-grey, maiden, shipping and ship seal (Pick 56a), uncirculated, scarce HK$3,000-4,000

593 Banco Nacional Ultramarino, Macao, 50 patacas, 1 September 1976, serial number 508061, blue-grey and multicoloured, De Camoes at right, arms low centre, reverse blue-grey, maiden, shipping and ship seal (Pick 56a), uncirculated, scarce HK$3,000-4,000

595 Chan Tung Cheng Bank, Macao, an unissued 10 dollar and an unissued 50 dollars, 1934, pink and green and orange extremely fine and scarce HK$1,500-2,000

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MONGOLIAN STATE TREASURY

596 Mongolian State Treasury, 50 cents, 1924, serial number 0908430, multicoloured, ornamental, traditional Mongolian text (Pick 1r), uncirculated and very scarce HK$15,000-20,000

597 Mongolian State Treasury, 1 dollar, 1924, serial number 055550, multicolour, ornamental, traditional Mongolian text (Pick 2r), uncirculated and very scarce HK$10,000-14,000

599 Mongolian State Treasury, 5 dollars, 1924, seven digit serial number 0047655, multicolour, ornamental, traditional Mongolian text (Pick 4r), about uncirculated and rare HK$12,000-14,000

598 Mongolian State Treasury, 3 dollars, 1924, seven digit serial number 0046543, multicolour, ornamental, traditional Mongolian text (Pick 3r), good extremely fine and very scarce HK$10,000-12,000

600 Mongolian State Treasury, 10 dollars, 1924, seven digit serial number 0032457, multicolour, ornamental, traditional Mongolian text (Pick 5r), good extremely fine and rare HK$15,000-20,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

601 Mongolian State Treasury, 25 dollars, 1924, seven digit serial number 0010981, multicolour, ornamental, traditional Mongolian text (Pick 6r), about uncirculated and rare, attractive HK$20,000-25,000

MONGOLIA COMMERCIAL AND INDUSTRIAL BANK

602 Commercial and Industrial Bank, Mongolia, 5 tugruk, 1925, pale blue and multicoloured (Pick 9), 1 tugruk (2), 1939, 1941, 3 and 5 tugruk, 1941, 10 tugruk, 1941, also 1, 3, 5, 10, 25 (2), 50 (2), 100 tugruk (2), all 1955 and 1, 3, 5, 25, 50 tugruk, 1966 (Pick 14-40 for types), mixed grades, a useful group (21) HK$2,000-2,500

NEPAL

603 Nepal, a selection (13), (Pick 1b, 12, 13, 14, 16, 17, 22, 23a, 24a, 25a, 26a), mixed (13) HK$1,000-1,500

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SAINT THOMAS AND PRINCE BANCO NACIONAL ULTRAMARINO

604 Banco Nacional Ultramarino, Saint Thomas and Prince, 10 centavos, 1914, purple and multicoloured, green steamship seal low centre, arms at right, reverse blue, maiden (Pick 13), about very fine, scarce HK$1,500-1,800

607 Government Issue, $5, 1 July 1929, serial number B/1 485676, brown and multicoloured, Charles Vyner Brooke at right, palm trees in field, arms low left, reverse brown, value (Pick 15, Tan K 18), about very fine, scarce HK$4,000-5,000

605 Banco Nacional Ultramarino, Saint Thomas and Prince, 20 escudos, brown and 50 escudos, both 20 November 1958, dark brown, both Don Afonso V at right, ship seal at left, arms low centre, also 20, 50, 100 and 500 escudos, 1976, all Don Afonso V at right and red overprint at centre, and 1000 escudos, 1964, green, Joao de Santarem at right (Pick 36, 37, 44, 45, 46a, 47a, 40a), uncirculated, the 1000 of 1964 scarce (7) HK$3,500-4,000

608 Government Issue, $5, 1 January 1938, serial number B/2 312286, brown and multicoloured, Charles Vyner Brooke at right, palm trees in field, arms low left, reverse brown, value (Pick 121, Tan K 19), good very fine, scarce HK$7,000-9,000

SARAWAK GOVERNMENT ISSUES

606 Government Issue, $1, 1 January 1935, serial number A/4 593957, green and multicoloured, Charles Vyner Brooke at right, palm trees in field, reverse green, arms and value (Pick 20, Tan K 16), slight spotting, about very fine, scarce HK$1,000-1,500

609 Government Issue, $10, 1 July 1929, serial number C/1 139628, red and multicoloured, Charles Vyner Brooke at right, palm trees in field, arms at left, reverse red, Government house and value (Pick 16, Tan K 20), perforated, about very fine, scarce HK$3,000-4,000 133

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TIMOR BANCO NACIONAL ULTRAMARINO

610 Government Issue, $10, 1 July 1929, serial number C/2 111169, red and multicoloured, Charles Vyner Brooke at right, palm trees in field, arms at left, reverse red, Government house and value (Pick 22, Tan K 21), very fine, scarce HK$5,000-7,000

611 Government Issue, 10 cents, 1 August 1940, serial number C 031118, red, pale blue and orange, Charles Vyner Brooke at right, arms top left, (Pick 25c, Tan K 14b), perforated, good very fine, scarce HK$1,000-1,500

TIBET

612 Tibet, a selection comprising 50 tam, blue and red, 5, 10, 25 and 100 srang, ND (1941-1959), (Pick 7, 8, 9, 10, 11), generally very fine (5) HK$5,000-6,000

613 Banco Nacional Ultramarino, Timor, 1 pataca, 1 January 1910, serial number 344384, mauve and green, value at centre and at each corner, reverse arms and value (Pick 1), fine and scarce HK$3,000-3,500

614 Banco Nacional Ultramarino, Timor, 5 patacas, 1 January 1924, serial number 176752, green and orange, steamship at left, junks at right, arms top centre, black ‘PAGAVEIS EM TIMOR at right, reverse green, head of Mercury at centre, TIMOR overprint below (Pick 6), a solid very fine HK$5,000-7,000

615 Banco Nacional Ultramarino, a selection comprising 5 avos, 1940, 1 and 5 patacas, 1945, 100,500 and 1000 escudos, 1963/1968, 30 escudos, 1959, also 20 and 50 escudos, 1967 (Pick 12, 16, 17, 22a, 26a, 27a, 28a, 29a, 30a), 1 pataca fine, 5 avos mounted, balance extremely fine or better (9) HK$5,000-6,000

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THE KEITH AUSTIN ( ) BANK OF COMMUNICATIONS COLLECTION

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BANKNOTES OF CHINA, HONG KONG AND MACAO

THE KEITH AUSTIN (

) COLLECTION

A FINE AND RARE SELECTION OF BANK OF COMMUNICATIONS CURRENCY TIENTSIN

616 Bank of Communications, $1, Tientsin, 1 September 1912, red serial number 007714, green and pale yellow, allegorical scenes of transport low centre, flags top centre, reverse blue and pale pink, value at centre and at left and right, two printed signatures below (Pick 104, unlisted for Tientsin), annotations and small red chop, a pleasing fine and exceptionally rare HK$30,000-50,000

CHANGCHUN

CHUNGKING

617 Bank of Communications, $1, Changchun, 1 July 1913, green serial number G487018, red-orange and multicoloured, generator at centre, value at left and right, reverse red-orange, ship at centre, CHANCHUN low centre, value at left and right, printed signature low left and right (Pick 110a), overprinted on obverse and reverse in Chinese ‘payable in subsidiary (silver) coins at par’ i.e.ten cents to the dollar, fine and rare HK$10,000-15,000

618 Bank of Communications, $1, Chungking, 1 July 1913, blue serial number C598532, red-orange and multicoloured, generator at centre, value at left and right, reverse red-orange, ship at centre, CHUNGKING low centre, value at left and right, printed signature low right (Pick 110b), good fine and rare HK$15,000-20,000

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PEKING

The following lots are all dated 1 October 1914. They comprise $1, 5, 10, 50 and $100 and each denomination is to the same design, namely $1, steam train at centre, reverse sailing ship. $5, steam train at centre, reverse bank building. $10, Custom House in Shanghai, reverse dockside scene with ship and train. $50, freight trains at centre, reverse sailing ship and $100, train on a viaduct and a train on reverse. There are multiple locations, all are multicoloured on obverse and there are several different colours for each denomination and some denominations with the same location also have different basic colours.

Unless otherwise stated all notes have English style signatures on the reverse consistent with normal circulation. Chinese handwriting can be found on some of the reverses, especially on notes in lower grades.

619 Bank of Communications, $1, Peking, 1 July 1913, blue serial number F 457094, red-orange and multicoloured, generator at centre, value at left and right, reverse red-orange, ship at centre, PEKING low centre, value at left and right, signature low left and right (Pick 110i), good fine and rare HK$12,000-18,000

AMOY/FOOCHOW

622 Bank of Communications, $1, Amoy with Foochow overprint in Chinese, red serial number F 337865A, $5, brown, red serial number F337865A, $10, blue, red serial number F023006A (Pick 116a, 117a118a), about fine, fine and fine, the $1 is rare, balance scarce (3) HK$4,000-6,000

620 Bank of Communications, $5, Peking, 1 July 1913, red serial number 191093, green and multicoloured, trian in mountain pass at left, value at right centre, reverse green, train at centre, PEKING low centre, value at left and right, two printed signatures low centre (Pick 111j1), good fine and very rare HK$20,000-30,000

AMOY

623 Bank of Communications, $5 (2), Amoy, red serial number F039137A, light brown with Chinese scrip signatures on reverse, and a second example. red serial number S363602W, dark brown with English scrip signatures on obverse (Pick 117 for type and 117a), fine and about very fine, scarce (2) HK$1,500-2,500

621 Bank of Communications, $10, Peking, 1 July 1913, blue serial number A 628093, purple and multicoloured, train at centre, value at left and right, reverse purple, bank building at centre, PEKING low centre, value at left and right, signature low left and right (Pick 111A for type), good fine and very rare HK$25,000-30,000 137

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CHUNGKING

624 Bank of Communications, $10 (2), Amoy, blue with Chinese script signature on reverse and red serial number F 177558A and the second example, red with dark blue serial numbers S 213055E, English signatures on reverse (Pick 118a, 118b), good fine and almost extremely fine, rare in this drade HK$4,000-6,000

CHEFOO

627 Bank of Communications, $1, Chungking, red serial number FA 9832232, $5, red serial number SA 4480532, dark brown, $10, red serial number S 687375K, red, $50, dark blue serial number F 453044, orange, $100, red serial numbers A 628181, purple (Pick 116e, 117e, 118f, 119a, 120a), very fine, fine, fine, fine and good fine respectively, the $1 rare, the $5 scarce (5) HK$3,800-5,000

HANKOW

625 Bank of Communications, $1, Chefoo, red serial number 247047, brown (Pick 116c), fine and very rare HK$7,000-12,000

CHEKIANG

628 Bank of Communications, $1, Hankow, red serial numbers J 876305, brown, red H overstamp on obverse and reverse (Pick 116f), good fine and rare HK$7,000-12,000

HONAN

626 Bank of Communications, $1, Chekiang, red serial number D 852409, (Pick 116d), good fine and extremely rare HK$15,000-20,000

629 Bank of Communications, $1, Honan, red serial numbers D 062975, brown (Pick 116g), good fine and extremely rare HK$10,000-20,000

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KIUKIANG

630 Bank of Communications, $5, Honan, red serial number A 551149, black (Pick 117h), good fine and extremely rare HK$18,000-28,000

633 Bank of Communications, $1, Kiukiang, red serial number F 988109, brown (Pick 116k), about fine and extremely rare HK$15,000-25,000

631 Bank of Communications, $10, Honan, red serial number A 155844, green (Pick 118h), fine and extremely rare HK$20,000-30,000

634 Bank of Communications, $1, Kiukiang, red serial number S 472750B, blue (Pick 116 for type, blue colour not listed), about fine and extremely rare HK$15,000-25,000

KIANGSU

635 Bank of Communications, $5, Kiukiang, red serial number S 086965D, dark brown (Pick 117 for type, dark brown colour not listed), about fine and rare HK$8,000-12,000

632 Bank of Communications, $1, Kiangsu, red serial number 670554, brown (Pick 116i), good fine and excessively rare HK$15,000-25,000

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SHANGHAI

636 Bank of Communications, $1, Shanghai, red serial number K 581198, brown (Pick 116n), extremely fine and extremely rare in this condition HK$20,000-30,000

637 Bank of Communications, $1, Shanghai, red serial number S 918190A, blue (Pick 116o), almost uncirculated and very rare in this condition HK$5,000-8,000

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638 Bank of Communications, $5, Shanghai, red serial number F 227515, black (Pick 117y), good fine and very rare HK$8,000-12,000

641 Bank of Communications, $5, Shantung, red serial number S 930556P, dark brown, also $10 (2), dark blue serial numbers S 160655F and S 123511E, red, one with red seals and one with script signatures (Pick 117p, 118r1, 113r2), almost extremely fine, good fine and fine (3) HK$800-1,200

SIAN

639 Bank of Communications, $1, Shanghai, red serial number FA 628548F, purple, $5 (2), red serial number SA 792853J and S 971006G, dark brown, one example with Chinese script signature instead of seals and English script signatures on reverse and $10 (2), dark blue serial number S 330657C and SB 666818G, one example with Chinese script signature instead of seals and English script signatures on reverse, the other with the standard red seals on obverse (Pick 116m, 117n, 117o, 118o, 116q), good very fine, almost uncirculated, good very fine, last note uncirculated (5) HK$1,100-1,400

642 Bank of Communications, $5, Sian, red serial number F 695092A, violet (Pick 117y), good fine and extremely rare HK$5,000-7,000

SHANTUNG

643 Bank of Communications, $5, Sian, blue serial number F 055927A, orange (Pick 117r), fine and rare HK$3,000-5,000

640 Bank of Communications, $5, Shantung, red serial number D 933006, black (Pick 117q), about fine and very rare HK$5,000-8,000 141

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BANKNOTES OF CHINA, HONG KONG AND MACAO

TIENTSIN

644 Bank of Communications, $1, Tientsin, red serial number F 486505F, purple, $5, red, blue serial number Q 240889, $5, dark brown, red serial numbers SB 816976E, and $10, purple, red serial numbers G478830 (Pick 116r1, 117s1, 117t, 118t1), good very fine, almost uncirculated (2) and good extremely fine (4) HK$1,200-1,600

645 Bank of Communications, $5, Tientsin, red serial number A 477068, black (Pick 117 for type, black not listed in Pick), VG and extremely rare HK$4,000-6,000

646 Bank of Communications, $5, Tientsin, blue serial number K 634081, red and $10, purple with red serial numbers F 889156, both with scriot signatures (Pick 117s, 118t2), good fine and about very fine (2) HK$600-1,000

647 Bank of Communications, $50, Tientsin, blue serial number 019250, orange (Pick 119d), fine and scarce HK$2,200-3,000

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TSINGTAU

648 Bank of Communications, $1, Tsingtau, red serial number L 448447, brown (Pick 116s), almost uncirculated and extremely rare HK$20,000-30,000

CHANGCHUN

649 Bank of Communications, 20 cents, Changchun, 1917, black, river view at centre, reverse black (Pick 124), good fine and very rare HK$7,000-10,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

TIENTSIN

650 Bank of Communications, $10, Tientsin, red serial numbers 415532, purple and multicoloured, locomotive at centre, reverse bank building, TIENTSIN over FENGTIEN PROVINCE (Pick 133 for type, Tientsin unlisted), about fine and extremely rare HK$15,000-25,000

FENGTIEN PROVINCE

651 Bank of Communications, $10, Fengtien Province, 1923, red serial number 582589, purple and multicoloured, locomotive, reverse bank building (Pick 133), good fine and very rare HK$12,000-18,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

THE MICHAEL PHUA COLLECTION MING DYNASTY

QING DYNASTY

652 Ming Dynasty, Da Ming Bao Chao, 1 kuan, (13681399), black text on grey mulberry bark, red seals at centre, 10 strings of cash at centre (Pick AA 10, Smith Matravers T36-20 for type), slight repairs to margin at right otherwise a most presentable example of this historic series HK$40,000-50,000

653 Qing Dynasty, Da Qing Bao Chao, 500 cash, 7th Year of Xianfeng (1857), serial number 5069, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA 1e), about uncirculated HK$5,000-6,500

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654 Qing Dynasty, Da Qing Bao Chao, 1000 cash, 7th Year of Xianfeng (1857), serial number 7227, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA 2e), extremely fine HK$4,500-5,500

655 Qing Dynasty, Da Qing Bao Chao, 1500 cash, 4th Year of Xianfeng (1854), serial number 6743, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA 3a), good very fine HK$10,000-12,000

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656 Qing Dynasty, Da Qing Bao Chao, 2000 cash, 4th Year of Xianfeng (1854), serial number 9129, blue and white, dragons in top field, two red chop marks, merchant/official stamps and brush writing on reverse (PA 4b), about uncirculated HK$5,000-6,500

657 Qing Dynasty, Da Qing Bao Chao, 2000 cash, 7th Year of Xianfeng (1857), blue and white, dragons in top field, two red chop marks (PA 4e), about very fine

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HK$4,000-5,000

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658 Qing Dynasty, Da Qing Bao Chao, 2000 cash, 9th Year of Xianfeng (1859), serial number 94540, blue and white, dragons in top field, two red chop marks, merchant/official stamps and brush writing on reverse (PA 4g), good very fine, scarce last date HK$5,000-6,500

659 Qing Dynasty, Da Qing Bao Chao, 5000 cash, 8th Year of Xianfeng (1858), blue and white, dragons in top field, two red chop marks, merchant/official stamp on reverse, reissued in Jiangsu Province (PA 5f), extremely fine, the first of a consecutive pair in this auction HK$15,000-18,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

660 Qing Dynasty, Da Qing Bao Chao, 5000 cash, 8th Year of Xianfeng (1858), blue and white, dragons in top field, two red chop marks, merchant/official stamp on reverse, reissued in Jiangsu Province (PA 5f), extremely fine, the second of a consecutive pair in this auction HK$15,000-18,000

661 Qing Dynasty, Da Qing Bao Chao, 10,000 cash, 8th Year of Xianfeng (1858), blue and white, dragons in top field, two red chop marks, merchant/official stamp on reverse, reissued in Jiangsu Province (PA 6e), very fine HK$13,000-15,000

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QING 50,000 CASH

662 Qing Dynasty, Da Qing Bao Chao, 50,000 cash, 8th Year of Xianfeng (1858), blue and white, dragons in top field, two red chop marks, merchant/official stamp on reverse (PA 7b), extremely fine, very scarce, especially so in high grade, a lovely example HK$40,000-50,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

QING DYNASTY 100,000 CASH

663 Qing Dynasty, Da Qing Bao Chao, 100,000 cash, 7th Year of Xianfeng (1857), blue and white, dragons in top field, two red chop marks, merchant/official stamp on reverse, the highest denomination in the Da Qing Bao Chao ‘cash’ series (PA 8a), about very fine, very rare HK$80,000-100,000

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AN EXCEPTIONAL 1 TAEL OF 1853

664 Qing Dynasty, Hu Bu Guan Piao, 1 tael, 3rd Year of Xianfeng (1853), blue and white, dragons in top field, two red chop marks, merchant/official stamps on reverse, reissued in Year 5, ‘Tian’ prefix number 1212, An extremely rare first date of the series with handwritten format (PA 9e), very fine for type, an example of a similar note was sold recently at auction for RMB 460,000 (including buyers premium) HK$250,000-300,000 153

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BANKNOTES OF CHINA, HONG KONG AND MACAO

665 Qing Dynasty, Hu Bu Guan Piao, 1 tael, 4th Year of Xianfeng (1854), blue and white, dragons in top field, two red chop marks, merchant/official stamps on reverse, ‘Guan’ prefix number 44199 (PA 9c), about very fine, slight damage at bottom left corner HK$15,000-18,000

666 Qing Dynasty, Hu Bu Guan Piao, 3 taels, 4th Year of Xianfeng (1854), blue and white, dragons in top field, two red chop marks, merchant/official stamps on reverse, ‘Fei’ prefix number 51179 (PA 10b), about very fine, rare HK$40,000-50,000

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667 Qing Dynasty, Hu Bu Guan Piao, 5 taels, 4th Year of Xianfeng (1854), blue and white, dragons in top field, two red chop marks, merchant/official stamp on reverse, overprinted Zhili Province in red, ‘Tu’ prefix number 34381 (PA 11b), about fine, slight damage on top right edge, very rare HK$70,000-90,000

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668 Qing Dynasty, Hu Bu Guan Piao, 10 taels, 4th Year of Xianfeng (1854), blue and white, dragons in top field, two red chop marks, merchant/official stamp on reverse, overprinted Zhili Province in red, ‘Xie’ prefix number 22138 (PA 12b), about fine HK$15,000-20,000

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QING 50 TAELS

WAN I CHUAN

670 Wan I Chuan, $1, 1908, unissued remainder, black, twin dragons chasing fireball, reverse green with a ‘Pei Yang’ silver dollar, also $5, 1904, unissued remainder, orange, reverse violet with pictures of ‘Pei Yang’ silver dollars (Pick not listed), about uncirculated and extremely fine (2) HK$3,000-3,500

669 Qing Dynasty, Hu Bu Guan Piao, 50 taels, 4th Year of Xianfeng (1854), blue and white, dragons in top field, two red chop marks, merchant/official stamp on reverse, reissued in Year 10, overprinted Zhili Province in red, ‘Shu’ prefix number 4077 (PA 13b), good very fine, a pleasing example of the highest denomination in the series, very rare HK$120,000-150,000

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671 Wan I Chuan, $1, 1908, black, twin dragons chasing fireball, reverse green with a ‘Pei Yang’ silver dollar, also $5, 1904, issued note, orange, reverse violet with pictures of ‘Pei Yang’ silver dollars (Pick not listed), about uncirculated and uncirculated (2) HK$4,000-6,000

672 Wan I Chuan, $10, 1906, issued note with no serial number, blue-green, twin dragons chasing fireball, reverse orange with pictures of ‘Pei Yang silver dollars (Pick not listed), repairs at left and on bottom edge, overall fine HK$2,000-2,500

GENERAL BANK OF COMMUNICATIONS

673 General Bank of Communications, $1 local currency, Canton, 1 March 1909, red serial number 152856, pale brown and pale yellow, dragon at left and right, conjoined flags top centre, reverse green and white, allegorical transport scene with quayside, ships and trains (Pick A16A), about extremely fine and very rare, a lovely example for type HK$15,000-20,000 WWW.SPINK.COM

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IMPERIAL CHINESE RAILWAYS

AGRICULTURAL BANK OF THE FOUR PROVINCES

676 Agricultural Bank of the Four Provinces, 10 cents, ND (1933), red serial number AM 426043, red, farmer, also a uniface obverse and reverse specimen 20 cents, 1933, green and a 20 cents remainder, 1933, green, farmers at right (Pick A84, 85s85r), very fine and uncirculated (3) HK$1,500-1,800

674 Imperial Chinese Railways, $1, Beijing, 18 January 1898, serial number 18696, blue and white, locomotive and fort, manuscript signature and manuscript date low right, reverse red and white, water and mountains (Pick A56a), annotations, almost very fine and much rarer in issued format HK$6,000-8,000

677 Agricultural Bank of the Four Provinces (Honan, Hupeh, Anhui and Kiangsi), $1, red serial number B403475, brown and green, farming scenes at left and right, reverse blue (Pick A87a), very good, with small repair top border HK$800-1,000

675 Imperial Chinese Railways, a part issued $1, 2 January 1906, serial number 70396, blue and white, locomotive and fort, reverse red and white, water and mountains (Pick A59), good very fine, scarce HK$4,000-5,000

FARMERS BANK OF CHINA

678 Farmers Bank of China overprint on a Hupeh Provincial Bank, Hankow, 5 yuan, ND (1940), blue serial number V 163791, blue-green and multicoloured, pagoda at centre, red overprint top centre, reverse orange, value and bank title (Pick A89 overprint on PS 2105), very fine and rare HK$1,500-2,000 159

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AGRICULTURAL AND INDUSTRIAL BANK OF CHINA

679 Agricultural and Industrial Bank of China, 10 cents (2), 1927, purple, 20 cents (2), 1927, green (Pick A92a, 94a, 94Aa) one 10 cent very fine, balance extremely fine (4) HK$1,400-1,600

680 Agricultural and Industrial Bank of China, 1 yuan, Peking, 1 September 1927, red serial number A/I 102847, brown and multicoloured, the Great Wall of China at centre, also a 1 yuan, Shanghai, blue serial number 0231536, red, Great Wall of China at centre (Pick A95, 97), very fine, scarce (2) HK$1,000-1,200

681 Agricultural and Industrial Bank of China, specimen 5 yuan, 1 September 1927, red zero serial numbers, orange-red and multicoloured, boats at centre, reverse orange-red (Pick A98s), red SPECIMEN overprint, almost extremely fine and rare HK$2,000-3,000

682 Agricultural and Industrial Bank of China, 5 yuan, Peking, 1 September 1927, red serial numbers A/I 315419, orange-red and multicoloured, boats at centre, reverse orange-red (Pick A98), two faint chops on obverse, almost extremely fine and scarce HK$1,500-1,800

683 Agricultural and Industrial Bank of China, specimen 1 yuan, 1932, blue zero serial numbers, red and multicoloured, farmer at centre, reverse red, also an issued example, Shanghai, 1932, serial number A 275643, design as specimen (Pick A109s, 109), uncirculated and good very fine (2) HK$2,000-3,000

684 Agricultural and Industrial Bank of China, specimen 5 yuan, 1932, red zero serial numbers, green and multicoloured, farmer at left, reverse green, also an issued example, Shanghai, 1932, serial number A 081224, design as specimen (Pick A110s2, 110b), uncirculated and good very fine with small repair low centre (2) HK$2,500-3,000

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688 Agricultural and Industrial Bank of China, 5 yuan, Hankow, 1932, red serial numbers B 284247, green and multicoloured, farmer at left, red 4 in field, reverse green, house at left, black 4 in field and ‘PAYABLE AT CHANGSHA’ low centre (Pick A110d), good very fine, rare HK$2,500-3,000

685 Agricultural and Industrial Bank of China, 5 yuan, Hankow, 1932, red serial numbers B 284247, green and multicoloured, farmer at left, red 22 in field, reverse green, house at left, black 22 in field (Pick A110a), almost extremely fine, original and scarce HK$1,600-2,000

686 Agricultural and Industrial Bank of China, 5 yuan (2), Shanghai, 1932, red serial numbers 300297 and 561037, green and multicoloured, farmer at left, black 15 and no extra numbers respectively, reverse green, house at left, black 22 in field (Pick A110a), fine (2) HK$1,200-1,600

689 Agricultural and Industrial Bank of China, specimen 10 yuan, 1932, red zero serial numbers, purple and multicoloured, farmers in field at right, reverse purple, house at centre (Pick A111s), specimen unlisted in Pick, good extremely fine, scarce HK$2,500-3,000

687 Agricultural and Industrial Bank of China, 5 yuan, Shanghai, 1932, red serial numbers A 069396, green and multicoloured, farmer at left, black 43 in field, reverse green, house at left, black 43 in field (Pick A110b), good very fine, scarce HK$1,500-1,800

690 Agricultural and Industrial Bank of China, specimen uniface obverse for a 10 yuan, 1932, red zero serial numbers, purple and multicoloured, farmers in field at right (Pick A111s), specimen unlisted in Pick, good extremely fine, scarce HK$1,200-1,400

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BANKNOTES OF CHINA, HONG KONG AND MACAO

691 Agricultural and Industrial Bank of China, 10 yuan, Hankow, 1932, red serial numbers 175977, purple and multicoloured, farmers in field at right, reverse purple, house at centre (Pick A111a), almost extremely fine, fresh, rare in this grade HK$4,500-5,000

692 Agricultural and Industrial Bank of China, 10 yuan, Shanghai, 1932, red serial numbers 280000, purple and multicoloured, farmers in field at right, reverse purple, house at centre (Pick A111b), good very fine, scarce HK$2,500-3,000

694 Agricultural and Industrial Bank of China, 1 yuan, no place name, 1934, black serial numbers C 644694, red and pale green, farmers in field at centre, reverse red, house at centre (Pick A112c), extremely fine, scarce HK$1,500-1,800

695 Agricultural and Industrial Bank of China, 1 yuan, Tientsin, 1934, black serial numbers E 915987, red and pale green, farmers in field at centre, reverse red, house at centre (Pick A112d), good very fine, scarce HK$1,200-1,400

BANK OF AGRICULTURE AND COMMERCE

693 Agricultural and Industrial Bank of China, specimen obverse and reverse uniface 1 yuan, Shanghai, 1934, black zero serial numbers, red and pale green, farmers in field at centre, reverse red, house at centre (Pick A112s1), uncirculated, scarce (2) HK$2,500-3,000

696 Bank of Agriculture and Commerce, $1, 1926, Shanghai, red serial number 401181, brown and multicoloured underprint, Summer Palace at centre (Pick A118), pressed but very fine, scarce HK$1,500-2,000

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CHINA SILK AND INDUSTRIAL BANK

CHINA AND SOUTH SEA BANK LIMITED

697 China Silk and Industrial Bank, 5 yuan, Peking, 15 August 1925, red serial number 0020588, orange and multicoloured, tea harvesting at centre in oval frame, reverse orange-brown, weaving at centre, value at left and right (Pick A120Ba), almost extremely fine, original and scarce HK$3,000-4,000

700 China and South Sea Bank Limited, 1 yuan, Shanghai, 1 October 1921, red serial number AQ 127534, blue and multicoloured, sun-dial at centre, value at left and right, reverse blue (Pick A121a), almost uncirculated, scarce HK$1,500-2,000

698 China Silk and Industrial Bank, 10 yuan, Peking, 15 August 1925, red serial number 0048638, green and multicoloured, tea harvesting at centre in oval frame, reverse green, weaving at centre, value at left and right (Pick A120Ca), good fine and scarce HK$3,000-3,500

701 China and South Sea Bank Limited, 1 yuan, Tientsin, 1 October 1921, red serial number AQ 211244, blue and multicoloured, sun-dial at centre, value at left and right, reverse blue (Pick A121d), almost extremely fine, scarce HK$2,000-3,000

699 China Silk and Industrial Bank, 10 yuan, Tientsin, 15 August 1925, red serial number 0007799, green and multicoloured, tea harvesting at centre in oval frame, reverse green, weaving at centre, value at left and right (Pick A120Cb), good fine and scarce HK$3,000-3,500

702 China and South Sea Bank Limited, 10 yuan, Shanghai, 1924, red serial number CM 348379, dark brown and multicoloured, sun-dial at right, reverse dark brown (Pick A125a), very fine HK$1,200-1,600 163

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703 China and South Sea Bank Limited, specimen 5 yuan, Shanghai, 1927, blue zero serial numbers, red and multicoloured, sun-dial at left, reverse blue (Pick A127s), perforated, good extremely fine, rare HK$2,500-3,500

704 China and South Sea Bank Limited, 5 yuan, Shanghai, 1927, blue serial numbers BT 011149, red and multicoloured, sun-dial at left, reverse blue (Pick A127b), almost extremely fine, scarce HK$2,000-2,500 706 China and South Sea Bank Limited, 1 yuan, Shanghai, 1927, red serial number ZM 956979, red HO in field, purple and pale yellow, three female heads top centre, coin below, reverse purple and pale green, two women’s heads, Yuan Shih Kai below (Pick A126a), good very fine, scarce HK$2,500-3,000

705 China and South Sea Bank Limited, specimen 5 yuan, Shanghai, 1927, red zero serial numbers, purple and multicoloured, sun-dial at left, reverse purple (Pick A128s), perforated, good extremely fine, rare HK$2,500-3,000

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709 China and South Sea Bank Limited, 10 yuan, Shanghai, red serial number Z 959878, black SY in field, brown and pale orange, female bust at left and right, reverse brown and green, three female busts in field (Pick A129a), a solid good fine and rare HK$2,800-3,400

710 China and South Sea Bank Limited, $1, Shanghai, January 1931, red serial number ZP 279540, blue and multicoloured, sun-dial at left, reverse blue (Pick A132), uncirculated thus scarce, attractive HK$2,200-2,600

707 China and South Sea Bank Limited, 1 yuan, Tientsin, 1927, red serial number Z 493851, purple and pale yellow, three female heads top centre, coin below, reverse purple and pale green, two women’s heads, Yuan Shih Kai below (Pick A126b), an original good very fine, scarce HK$3,000-3,500

711 China and South Sea Bank Limited, specimen 5 yuan, Shanghai, January 1932, red serial numbers F 000000, purple and multicoloured, sun-dial at left, reverse purple and pale orange, value at centre (Pick A133s), red SPECIMEN overprint, a solid and original good extremely fine and rare HK$2,500-3,500

708 China and South Sea Bank Limited, 10 yuan, Shanghai, red serial number Z 368576, black SS in field, brown and pale orange, female bust at left and right, reverse brown and green, three female busts in field (Pick A129a), good fine and rare HK$2,500-3,000 165

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BANKNOTES OF CHINA, HONG KONG AND MACAO

712 China and South Sea Bank Limited, 5 yuan, Shanghai, January 1932, red serial numbers F 585011, purple and multicoloured, sun-dial at left, reverse purple and pale orange, value at centre (Pick A133), an original good extremely fine and rare HK$3,000-3,500

715 Commercial Bank of China, specimen 1 tael, Shanghai, ND (1920), red zero serial numbers, black and multicoloured, the God of Wealth at centre, reverse green, seal and lions (Pick 1s), uncirculated and rare HK$5,000-7,000

COMMERCIAL BANK OF CHINA

713 Commercial Bank of China, 1 tael, Shanghai, 15 January 1921, red serial number A 005314, blue and multicoloured, the God of Wealth at centre, reverse brown, seal and lions (Pick A134), very fine, scarce HK$9,000-10,000

714 Commercial Bank of China, 5 taels, Shanghai, 15 January 1921, blue serial number A 003411, orange and multicoloured, the God of Wealth at centre, reverse blue-grey, seal and lions (Pick A135), fine, scarce HK$3,000-4,000

716 Commercial Bank of China, 1 tael, Shanghai, ND (1920), red serial number A340516, black and multicoloured, the God of Wealth at centre, red N in field at left and right, reverse green, seal and lions (Pick 1a), about extremely fine, original, scarce HK$3,000-4,000

717 Commercial Bank of China, specimen $5, Shanghai, 15 January 1920, red zero serial numbers, purple and multicoloured, the God of Wealth at centre, reverse purple, seal and lions (Pick 3s), perforated, red SPECIMEN overprint, uncirculated and rare HK$5,000-6,000

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721 Commercial Bank of China, $10, Shanghai, 15 January 1920, red serial number U 02966V, red and multicoloured, Confucius at centre, reverse brown, seal and lions (Pick 6a), very fine and scarce HK$3,500-4,500

718 Commercial Bank of China, specimen $10, Shanghai, 15 January 1920, red zero serial numbers, orange and multicoloured, Confucius at centre, reverse orange, seal and lions (Pick 5As), perforated, red SPECIMEN overprint, uncirculated and rare HK$6,000-7,000

722 Commercial Bank of China, $5 (2), Shanghai, January 1926, red serial number CB/K 075867/866 green and multicoloured, Confucius at right, view of Shanghai at left, reverse green, seal and lions at centre (Pick 9), both in PMG holders 65, gem uncirculated EPQ, rare as a consecutive pair (2) HK$7,000-9,000

719 Commercial Bank of China, specimen $5, Shanghai, 15 January 1920, red zero serial numbers, brown and multicoloured, Confucius at centre, reverse blue-grey, seal and lions (Pick 4As), perforated, red SPECIMEN overprint, uncirculated and rare HK$5,000-7,000

723 Commercial Bank of China, $5, Shanghai, January 1926, red serial number CB/G 048892, green and multicoloured, Confucius at right, view of Shanghai at left, reverse green, seal and lions at centre (Pick 9), almost very fine HK$2,000-2,400

720 Commercial Bank of China, specimen $10, Shanghai, 15 January 1920, red zero serial numbers, red and multicoloured, Confucius at centre, reverse brown, seal and lions (Pick 6s), perforated, red SPECIMEN overprint, uncirculated and rare HK$6,000-7,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

724 Commercial Bank of China, $5, Shanghai, January 1926, red serial number CB/K 075248, green and multicoloured, Confucius at right, view of Shanghai at left, reverse green, seal and lions at centre (Pick 9), good very fine HK$3,000-3,500

725 Commercial Bank of China, $5, Shanghai, January 1926, red serial number CB/N 074536, green and multicoloured, Confucius at right, view of Shanghai at left, reverse green, seal and lions at centre (Pick 9), almost very fine HK$2,000-2,500

726 Commercial Bank of China, $1, Shanghai, January 1929, red serial number L 409467, black and green, Confucius at right, seal and lions top centre, reverse black and green, lion and seal top centre, SHANGHAI handstamp low centre (Pick 11a), almost very fine HK$2,000-2,400

727 Commercial Bank of China, $1, Amoy, January 1929, red serial number J 116792, black and green, Confucius at right, seal and lions top centre, reverse black and green, lion and seal top centre, AMOY handstamp low centre (Pick 11d), almost uncirculated thus scarce HK$4,000-5,000

728 Commercial Bank of China, $1, Shanghai, June 1932, red serial number F 405101, purple and pale orange-yellow, Confucius at right, seal and lions top centre, four Chinese characters in red at centre, reverse violet and pale mauve-brown, lion and seal top centre (Pick 14), almost extremely fine, scarce HK$3,000-3,500

729 Commercial Bank of China, specimen $1, Shanghai, January 1929, no serial numbers, blue and pale orange-yellow, Confucius at right, seal and lions top centre, four Chinese characters in red at centre, reverse blue and pale orange-yellow, lion and seal top centre (Pick 13s), perforated, uncirculated and rare HK$4,500-5,500

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730 Commercial Bank of China, $1, Shanghai, January 1929, red serial number D 127440, blue and pale orange-yellow, Confucius at right, seal and lions top centre, four Chinese characters in red at centre, reverse blue and pale orange-yellow, lion and seal top centre (Pick 13a), almost uncirculated and scarce HK$3,000-4,000

733 Commercial Bank of China, $5, Shanghai, June 1932, red serial numbers CB/AH 073303, violet and pale orange-yellow, Confucius at right, view of Shanghai at left, reverse violet, lion and seal top centre (Pick 14a), ‘WU’ overstamp, very fine HK$9,000-10,000

731 Commercial Bank of China, $5 (2), Shanghai, June 1932, red serial numbers CB/O 023204, CB/S 008709, red 12 in field of second note, violet and pale orange-yellow, Confucius at right, view of Shanghai at left, reverse violet, lion and seal top centre (Pick 14a), second note with ‘TING’ overstamp, and red 12 in field, almost fine and very fine (2) HK$2,500-3,000

734 Commercial Bank of China, $10, Shanghai, June 1932, red serial numbers G/CB 016352, red and pale orange-yellow, Confucius at right, view of Shanghai at left, reverse red, lion and seal at centre (Pick 15a), a pleasing very fine, scarce HK$3,000-3,500

732 Commercial Bank of China, $5 (2), Shanghai, June 1932, red serial numbers CB/AC 060971 and CB/AF 076375, violet and pale orange-yellow, Confucius at right, view of Shanghai at left, reverse violet, lion and seal top centre (Pick 14a), fine and very fine (2) HK$3,000-3,500

735 Commercial Bank of China, $10, Shanghai, June 1932, red serial numbers J/CB 046272, red and pale orange-yellow and pale blue, Confucius at right, view of Shanghai at left, reverse red, lion and seal at centre (Pick 15a), a pleasing good very fine, scarce HK$3,500-4,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

TA CHING GOVERNMENT BANK

736 The Ta Ching Government Bank, $1, Hankow branch, 1907, serial number G 67585, blue and light brown, two horses flanking a dragon motif at centre (PA 66a), good fine HK$2,000-3,000

737 The Ta Ching Government Bank, $1 remainder, Hankow branch, 1907, blue and light brown, two horses flanking a dragon motif at centre (PA 66r), about uncirculated HK$2,000-3,000

738 The Ta Ching Government Bank, $1 remainder, Kaifong overprinted on Tientsin branch, 1906, serial number 87003, blue and light brown, two horses flanking a dragon motif at centre (PA 69r), very fine and scarce HK$3,000-4,000

739 The Ta Ching Government Bank, $5 remainder, Kaifong overprinted on Tientsin branch, 1906, serial number 58337, green and purple, two horses flanking a dragon motif at centre (PA 70r), pressed with one small pinhole but still extremely fine HK$7,500-9,000

740 The Ta Ching Government Bank, $10 remainder, Kaifong overprinted on Tientsin branch, 1906, serial number 57986, grey-green, two horses flanking a dragon motif at centre (PA 71r), pressed but extremely fine HK$8,000-9,500

741 The Ta Ching Government Bank, specimen $1, 1909, red zero serial numbers, green and orange, Li Hong Zhang at left, hillside village scene at right (PA 76s), uncirculated and rare, an attractive and iconic design HK$15,000-18,000

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BANK OF CHINA

745 Bank of China, $1, 1912, red serial number B112083A, green, Huang Di at left, hillside village scene at right, black KALGAN in Cyrillic text on reverse (Pick 25v), overprinted Kalgan, pressed but very fine and rare HK$15,000-18,000

742 Bank of China, $1, 1912, serial number X201307, green, Huang Di at left, hillside village scene at right with locomotive and houses, red Chinese text overprit at left and right, reverse green, trees and water, black KWANGTUNG low centre, (Pick 25k), overprinted Kwangtung Payable in subsidiary silver coins, pressed very fine, rare HK$15,000-18,000

746 Bank of China, $5, 1912, red serial number G006463, black, Huang Di at left, Chinese shelter at right, black CANTON overprint on reverse (Pick 26b), overprinted Canton, pressed but very fine, attractive and rare HK$15,000-18,000

743 Bank of China, $1, 1912, serial number D455304, green, Huang Di at left, hillside and village scene at right, black SZECHUAN overprint on reverse (Pick 25p), overprinted Sichuan, pressed but fine but rare HK$15,000-18,000

747 Bank of China, $5, 1912, red serial number E411331, black, Huang Di at left, Chinese shelter at right, black YUNNAN overprint on reverse (Pick 26r), red chop at centre, overprinted Yunnan, uncirculated and rare in this top grade HK$18,000-22,000

744 Bank of China, $1, 1912, serial number X765142, green, Huang Di at left, hillside village scene at right, black YUNNAN overprint on reverse (Pick 25s), overprinted Yunnan, uncirculated and very rare in this grade HK$15,000-18,000 171

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BANKNOTES OF CHINA, HONG KONG AND MACAO

748 Bank of China, $10, 1912, red serial number F007076, blue, Huang Di at left, Chinese shelter at right, black CANTON overprint on reverse (Pick 27b), overprinted Canton, pressed but very fine and scarce HK$15,000-18,000

751 Bank of China, 5 yuan, Bank of China overprint on Provincial Bank of Kwangtung Province, 1913, red serial number 206425, green, Zhen Hai Lou at centre, China overprinted in red top border (Pick 29), fine HK$2,000-2,200

749 Bank of China, $10, 1912, red serial number E182027, blue, Huang Di at left, Chinese shelter at right, black YUNNAN overprint on reverse (Pick 27r), overprinted Yunnan, fine and scarce HK$12,000-15,000

752 Bank of China, 5 yuan, 1913, Bank of China overprint on Provincial Bank of Kwang Tung Province, red serial number 479539, green, building at centre, China overprinted in red top border (Pick 29), very fine HK$3,000-3,500

750 Bank of China, $1, Shandong, 1912, blue serial number L643166, olive and red, Huang Di at left, Chinese shelter at right, reverse red-orange, trees and water at centre (Pick 30c), pressed but almost extremely fine thus very high grade for type, rare HK$18,000-22,000

753 Bank of China, Provisional issue on a Kwantung Province note, $10, 1913, blue serial number 702695, brown, building at centre, black overstamp top centre, reverse brown, black BANK OF CHINA overstamp top centre (Pick 29A, on PS 2399), almost very fine and very rare, a pleasing example HK$5,000-7,000

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757 Bank of China, 2 jiao, 1914, red serial number D0356605, black on green, Great Wall scene in oval frame at centre, issued for use in Manchuria, reverse orange and pale blue (Pick 36c), pressed but extremely fine HK$1,500-1,800

754 Bank of China, 1 yuan, 1914, red serial number J145836A, black, Yuan Shi Kai at centre, reverse black (Pick 33), about extremely fine, scarce HK$8,000-10,000

755 Bank of China, 5 yuan, 1914, blue serial number Q257390, black, Yuan Shi Kai at centre, reverse dark brown (Pick 34), good fine with minor split at top centre fold, rare HK$10,000-12,000

758 Bank of China, 5 jiao, 1914, red serial number 0096386, brown on red, Great Wall scene in oval frame at centre, issued for use in Manchuria, reverse blue and pink (Pick 37), some staining but otherwise about extremely fine, scarce HK$5,000-7,000

756 Bank of China, 10 yuan, 1914, blue serial number Q361540, black, Yuan Shi Kai at centre, reverse light brown (Pick 35), good fine, rare HK$12,000-14,000

759 Bank of China, 1 yuan, Tientsin, 1917, red serial number 083134, black on purple, Chinese building at right, reverse blue (Pick 38 for type, issued note not listed), extremely fine and rare HK$6,000-8,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

760 Bank of China, 1 jiao, 1917, red serial number A759279, green, Chinese shelter at left, reverse orange, MANCHURIA in black low centre (Pick 42b), overprinted Manchuria, slight foxing on bottom border but about extremely fine, scarce HK$2,000-3,000

761 Bank of China, 1 jiao, 1917, red serial number A614414, orange-brown, Chinese bridge at centre, reverse orange-brown, HARBIN low centre (Pick 43b), overprinted Harbin, good extremely fine HK$2,500-3,500

762 Bank of China, 2 jiao, 1917, no serial numbers, unissued remainder without chops or issue loaction overprint, black, lakeside scene at centre, reverse violet (Pick 44r), uncirculated and scarce HK$2,000-2,500

763 Bank of China, 2 jiao, 1917, red serial number 259090, black, lakeside scene at centre in oval frame, reverse violet, KALGAN in Cyrillic script low centre (Pick 44c), Chinese chop cancelled, overprinted Kalgan, uncirculated, rare HK$5,000-6,000

764 Bank of China, 5 jiao, 1917, red serial number 000179, olive, lakeside scene at centre in oval frame, reverse olive, HARBIN in black text low centre (Pick 44a), cancelled with Chinese brush writing and chopmark, overprinted Harbin, almost uncirculated and scarce HK$2,000-2,500

765 Bank of China, 1 and 2 jiao, 1918, red serial numbers, black, Temple of Heaven at left, reverse brown and blue respectively (Pick 48b, P49b), overprinted Shanghai, uncirculated (2) HK$1,500-2,000

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769 Bank of China, specimen 1 yuan, 1918, blue zero serial numbers, green, Temple of Heaven at centre, reverse orange (Pick 51fs), overprinted Fukien, uncirculated, scarce HK$1,800-2,200

766 Bank of China, specimen 1 yuan, 1918, blue zero serial numbers, orange, two Chinese buildings at right, reverse olive-green (Pick 51B), overprinted Shanghai, uncirculated and scarce HK$2,500-3,000

767 Bank of China, specimen 5 yuan, 1918, red zero serial numbers, green, two Chinese buildings at left, reverse brown (Pick 52Bs), overprinted Shanghai, uncirculated and rare HK$3,500-4,000

770 Bank of China, specimen 1 yuan, 1918, red zero serial numbers, brown, Temple of Heaven at centre, reverse blue (Pick 51ms), large margin top margin, overprinted Shanghai, uncirculated, scarce HK$1,800-2,200

768 Bank of China, specimen 1 yuan, 1918, blue zero serial numbers, green, Temple of Heaven at centre, reverse green (Pick 51gs), overprinted Hankow, uncirculated, scarce HK$1,800-2,200

771 Bank of China, specimen 5 yuan, 1918, blue zero serial numbers, orange, pagoda at centre, reverse orange (Pick 52ps), overprinted Tientsin, uncirculated, scarce HK$1,800-2,200

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772 Bank of China, specimen 10 yuan, 1918, red zero serial numbers, brown, Chinese temple behind trees at centre, reverse brown (Pick 53ns), overprinted Shangtung, uncirculated, scarce HK$1,800-2,200

773 Bank of China, specimen 10 yuan, 1918, red zero serial numbers, green, Chinese temple behind trees at centre, reverse green (Pick 53ps), overprinted Tientsin, uncirculated, scarce HK$1,800-2,200

774 Bank of China, specimen 10 yuan, 1918, Hankow overprint, red zero serial numbers, dark green, Chinese temple behind trees at centre, reverse purple (Pick 53gs), overprinted Hankow, uncirculated, scarce HK$1,800-2,200

775 Bank of China, 1 yuan, 1918, red serial number K 871249, brown, Temple of Heaven at centre, reverse brown (Pick 51p), overprinted Tientsin, uncirculated HK$1,000-1,200

776 Bank of China, 1 yuan, 1918, red serial number M 367232A, dark brown, Temple of Heaven at centre, reverse blue (Pick 51m), overprinted Shanghai, uncirculated HK$1,000-1,200

777 Bank of China, 1 yuan, 1918, red serial number 536104, green, Temple of Heaven at centre, reverse green (Pick 51r), overprinted Tientsin/Kalgan, fine and scarce HK$800-1,000

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778 Bank of China, 5 yuan, 1918, red serial number 806741, green, pagoda at centre, reverse green (Pick 52s), overprinted Tsingtau/Shantung, about fine and scarce HK$800-1,000

781 Bank of China, 5 yuan, 1918, red serial number F 082540, dark grey-blue, pagoda at centre, reverse green (Pick 52k), overprinted Shanghai, about very fine HK$600-800

779 Bank of China, 5 yuan, 1918, red serial number A 751283, purple, pagoda at centre, reverse purple (Pick 52a), overprinted Amoy/Fukien, about very fine HK$500-600

782 Bank of China, 10 yuan, 1918, red serial number B 883235, green, Chinese Temple behind trees at centre, reverse green (Pick 53p), overprinted Tienstin, pressed but still good extremely fine HK$800-1,000

780 Bank of China, 5 yuan, 1918, red serial number 140563, brown, pagoda at centre, reverse brown (Pick 52r), overprinted Tienstin/Peking, about very fine HK$600-800

783 Bank of China, 10 yuan, 1918, red serial number 228351, olive, Chinese Temple behind trees at centre, reverse olive (Pick 53r), overprinted Tienstin/Peking, pressed but very fine and scarce HK$1,000-1,200

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784 Bank of China, 10 yuan (2), 1918, blue serial numbers, orange, Chinese Temple behind trees at centre, reverse orange (Pick 53f, 53a), overprinted Fukien and Foochow over Fukien, about extremely fine and fine respectively (2) HK$800-1,000

785 Bank of China, unsigned remainder 5 yuan, 1919, no serial numbers, orange, pavilion at centre, reverse blue and yellow (Pick 59r), about uncirculated HK$1,500-2,000

786 Bank of China, specimen 10 yuan, 1924, purple and green, view of the Summer Palace at centre (Pick 62s), overprinted SPECIMEN, uncirculated HK$1,800-2,200

787 Bank of China, 1 and 2 jiao, 1925, red serial numbers, brown and blue respectively with lakeside scenes (Pick 63, 62), uncirculated (2) HK$1,500-1,800

788 Bank of China, 5 yuan (2), 1926, red serial numbers, red 71 in field of one example, black on multicolour underprint, pagoda scene at centre, black and red signature varieties (Pick 66a, 66b), overprinted Shanghai, good extremely fine and good very fine respectively (2) HK$1,200-1,500

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789 Bank of China, a group of 1930 Amoy issues, including 1 yuan (2), green, 5 yuan, purple and 10 yuan, orange (Pick 67, 68 and 69), pressed but extremely fine (4) HK$800-1,000

792 Bank of China, a group of the 1931-1935 issues, including 5 yuan, 1931 (3), 5 and 10 yuan, 1934, and 1 and 10 yuan, 1935 (Pick 70a, 72a, 73a, 74a and 75), mixed grades, from very fine to uncirculated (7) HK$1,000-1,200

790 Bank of China, 1 yuan, 1934, overprinted Shantung, orange and 5 yuan, 1934, overprinted Tsingtau/Shantung, green (Pick 71a, 72b), about uncirculated and very fine respectively, the 5 yuan a scarce overprint (2) HK$1,200-1,500

793 Bank of China, 1935-1937 issue, lot of 6 notes comprising 1 to 10 yuan (Pick 76, 77a, 77b, 78, 80 and 81), about uncirculated to uncirculated (6) HK$1,200-1,500

794 Bank of China, specimen 1 yuan, 1935, brown and black, farmer and horse ploughing, reverse ‘Junk Dollar’ (Pick 76s), uncirculated HK$1,200-1,500

791 Bank of China, 5 yuan, 1934, green, paifang at centre (Pick 72d), overprinted Shantung/Weihaiwei, very fine and a rare overprint variety HK$1,200-1,500

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795 Bank of China, specimen 5 yuan, 1940, blue, Sun Yat Sen at left, Temple of Heaven on reverse (Pick 84s), uncirculated HK$1,000-1,200

796 Bank of China, specimen 10 yuan, 1940, red, Sun Yat Sen at left, Temple of Heaven on reverse (Pick 85s), uncirculated HK$1,000-1,200

798 Bank of China, specimen 100 yuan, 1940, purple, Sun Yat Sen at left, Temple of Heaven on reverse (Pick 88bs), uncirculated HK$1,000-1,200

797 Bank of China, specimen 50 yuan, 1940, brown, Sun Yat Sen at left, Temple of Heaven on reverse (Pick 87s), uncirculated HK$1,000-1,200

799 Bank of China, issue of 1940, comprising a partial set of 1 jiao to 500 yuan, the lot contains the 1 jiao, 5, 10, 20, 50, 100 (two varieties) also a 500 yuan, 1942, green, Sun Yat Sen at left (Pick 82, 84, 85, 86, 88a, 88b, 99), about uncirculated to uncirculated, the 500 yuan scarce (7) HK$6,000-8,000

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800 Bank of China, specimen 5 yuan, 1941, blue zero serial numbers, vertical format, red, Sun Yat Sen at centre (Pick 92s), uncirculated HK$2,200-2,500

801 Bank of China, specimen 1 yuan, 1941, blue serial numbers, vertical format, blue, Sun Yat Sen at centre (Pick 91s), uncirculated HK$2,000-2,200

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802 Bank of China, specimen 10 yuan, 1941, red zero serial numbers, vertical format, purple, Sun Yat Sen at centre (Pick 94s), uncirculated HK$2,200-2,500

803 Bank of China, specimen 100 yuan, 1941, red zero serial numbers, vertical format, green, Sun Yat Sen at centre (Pick 96s), uncirculated HK$4,000-5,000

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805 Bank of China, specimen 1 and 2 jiao, 1941, vertical format, green and red respectively, Temple of Heaven at centre (Pick 89s, 90s), uncirculated (2) HK$2,000-2,200

804 Bank of China, specimen 500 yuan, 1941, red zero serial numbers, vertical format, brown, Sun Yat Sen at centre (Pick 97s), uncirculated and rare HK$6,000-7,000

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A GROUP OF NUMBER 66 NOTES

806 Bank of China, 1 yuan, 1941, serial number S000066, vertical format, blue, Sun Yat Sen at centre (Pick 91a), uncirculated and a very low number HK$2,000-2,200

807 Bank of China, 5 yuan, 1941, serial number S000066, vertical format, red, Sun Yat Sen at centre (Pick 92a), uncirculated and a very low number HK$2,200-2,500

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809 Bank of China, 100 yuan, 1941, red serial number A622631, vertical format, green, Sun Yat Sen at centre, green, the Temple of Heaven at (Pick 96a), extremely fine and rare HK$7,500-9,000

808 Bank of China, 10 yuan, 1941, serial number M000066, vertical format, purple, Sun Yat Sen at centre, reverse purple and white, the Temple of Heaven (Pick 94a), uncirculated and a very low number HK$2,500-3,000

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811 Bank of China, 10 yuan, 1941, blue serial number A 969074, red, Sun Yat Sen at centre, Temple of Heaven on reverse (Pick 95), uncirculated HK$1,500-1,800

812 Bank of China, 5 yuan, 1941/1942, blue, temple gateway at right, also 50 yuan, green, steam train at left (Pick 93, 98), pressed but about extremely fine (2) HK$1,800-2,200

BANK OF COMMUNICATIONS

810 Bank of China, 500 yuan, 1941, red serial number 068086, vertical format, brown, Sun Yat Sen at centre (Pick 97a), almost uncirculated and rare HK$12,000-15,000

813 Bank of Communications, 1 chiao, ND (1914), red serial number G 0934580, red, brown and green, reverse brown, WEIHAIWEI at low centre (Pick 113g), PMG 64, NET, rare HK$25,000-30,000

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CENTRAL BANK OF CHINA

814 Central Bank of China, ‘Legal tender for circulation in Sichuan Province’ fractional issues, 5, 10 and 25 cents overprinted on 10, 20 and 50 coppers respectively, 1928, pagoda (Pick 167b, 168b (2), 169b), slight toning on the 25 cents but about uncirculated or better (4) HK$1,500-2,000

817 Central Bank of China, specimen 1 yuan, Haikou, 1923, zero serial numbers, green, Sun Yat Sen at centre (Pick 171Aa), red SPECIMEN overprint, uncirculated HK$1,800-2,200

818 Central Bank of China, $1, 1923, serial number G130469, orange, Sun Yat Sen at centre, reverse black (Pick 172b), very fine HK$500-700

815 Central Bank of China, specimen 1 yuan, 1923, zero serial numbers, green, Sun Yat Sen at centre (Pick 171s), red SPECIMEN overprint, uncirculated HK$1,000-1,200

819 Central Bank of China, specimen 5 yuan, 1923, zero serial numbers, brown, Sun Yat Sen at centre (Pick 173s), red SPECIMEN overprint, uncirculated HK$1,200-1,400

816 Central Bank of China, 1 yuan (2), Swatow, 1923, green, Sun Yat Sen at centre (Pick 171a, 171f), one with official Central Bank of China stamp, both about extremely fine (2) HK$1,000-1,200

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820 Central Bank of China, specimen 10 yuan, 1923, zero serial numbers, green, Sun Yat Sen at centre (Pick 177s), red SPECIMEN overprint, uncirculated HK$1,200-1,400

821 Central Bank of China, specimen 100 yuan, 1923, zero serial numbers, green, Sun Yat Sen at centre (Pick 179A), red SPECIMEN overprint, uncirculated HK$2,500-3,500

822 Central Bank of China, 5 yuan, 1923, serial number 014942, commemorative issue for the death of Sun Yat Sen, brown, Sun Yat Sen at centre with Chinese overprints in black (Pick 180), extremely fine and scarce HK$5,000-6,000

823 Central Bank of China, 10 yuan, 1923, serial number 008425, commemorative issue for the death of Sun Yat Sen, green, Sun Yat Sen at centre with Chinese overprints in black (Pick 180A), good extremely fine with a light central fold, scarce HK$6,000-8,000

824 Central Bank of China, 1 yuan, 1926 provisional issue, Fujian, red serial number B095305, blue, Sun Yat Sen at left, reverse black FUKIEN overprint low centre (Pick 182b), about uncirculated and scarce in this top grade HK$2,000-3,000

825 Central Bank of China, 1 yuan, 1926 provisional issue, Hankow, serial number X652196, red, Sun Yat Sen at centre, reverse black HANKOW overprint (Pick 184 for type), very fine and scarce HK$2,000-3,000

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829 Central Bank of China, 50 yuan, Shanghai (3) and Chongqing (1) and 100 yuan, Shanghai (1) and Chongqing (1), all 1928 (Pick 198, 199), first three fine to good very fine, fourth uncirculated, others good extremely fine (6) HK$1,200-1,500

826 Central Bank of China, 1 yuan, 1926 military issue, red serial number A22525, lilac brown, junk on left and steamship on right (Pick 185a), VG but a scarce type HK$1,000-1,200

830 Central Bank of China, 50 and 100 yuan, 1928, Shanghai (Pick 198, 199), uncirculated and scarce in this top grade (2) HK$1,000-1,200

827 Central Bank of China, 1 jiao (2) and 2 jiao, 1924, black and pink, pagoda scenes, different signature varieties (Pick 193a, 193B and 194B), about extremely fine, about uncirculated and uncirculated respectively HK$800-1,000

831 Central Bank of China, uniface obverse and reverse specimen 50 yuan, 1928, orange (Pick 199), SPECIMEN in black Chinese overprint, hole punch cancelled, extremely fine (2) HK$1,200-1,500

828 Central Bank of China, 1, 5, 10, 50 and 100 yuan, 1928, multicoloured, different signature varieties (Pick 195, 199), the 5 yuan about extremely fine, others uncirculated, scarce in high grade, particularly the 5 yuan HK$1,500-2,000

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832 Central Bank of China, specimen 5 yuan, 1930, Shanghai, Shanghai, green, Sun Yat Sen at centre, vignettes right and left, reverse Sun Yat Sen Mausoleum, also an issued example of the same note (Pick 200s3), uncirculated (2) HK$1,200-1,600

833 Central Bank of China, specimen 5 yuan, 1930, Shanghai, green, Sun Yat Sen at centre, vignettes right and left, Sun Yat Sen Mausoleum on reverse, also an issued example with ‘Ching’ overprint in red of the same note (Pick 200s1), uncirculated (2) HK$1,000-1,200

834 Central Bank of China, 10, 20, 25 and 50 cents, 1931, green, blue, lilac and purple respectively, various temple scenes (Pick 202, 205), uncirculated (4) HK$1,800-2,000

835 Central Bank of China, Sichuan Exchange Note, 5 yuan, 1935, Chongqing, blue serial number A 1795020, Sun Yat Sen at left, watermark with Chinese character at right (Pick 207), good fine and scarce HK$1,500-2,000

836 Central Bank of China, Sichuan Exchange Note, 10 yuan, 1935, Chongqing, red serial number A 0638432, green, Sun Yat Sen at left, watermark with Chinese character on right (Pick 208), good very fine and scarce HK$2,000-3,000

837 Central Bank of China, Ancient Vessel ‘Baoding’ issue, 1, 5 and 10 yuan, 1936/1937, orange, green and blue respectively, Sun Yat Sen on right (Pick 211, 222, 223), the 1 yuan uncirculated and the 5 and 10 yuan about extremely fine (3) HK$2,500-3,000

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838 Central Bank of China, 1 yuan, orange (3), 5 yuan, green (2), and 10 yuan, blue, all 1936, also 1 yuan ‘Nanking Military Pass’ (Pick 212, 213, 214 and 212A), about uncirculated to uncirculated (7) HK$1,000-1,200

841 Central Bank of China, 1, 10, 50 and 100 yuan, 1936, multicoloured, Sun Yat Sen at left and in watermark at right, also $5, 1920 provisional issue, overprinted on Ningpo Commercial Bank (Pick 216, 218, 219, 220 and 170), 1936 notes uncirculated, provisional issue pressed thus very fine (5) HK$2,500-3,000

839 Central Bank of China, obverse and reverse uniface specimen 5 yuan, 1936, serial number A/A 000000V with red overstamp 01835, green and black, Sun Yat Sen on left (Pick 217a), uncirculated, scarce HK$1,000-1,200

842 Central Bank of China, 500 yuan, 1936, serial number A/B 882616D, Sun Yat Sen at left, central vignette showing ‘500 yuan’, Sun Yat Sen in watermark at right, reverse temple (Pick 221), good very fine, very scarce in higher grade and a handsome note HK$5,000-7,000

840 Central Bank of China, specimen 5 yuan, 1936, serial number A/W 000000V with red NT 00252 overstamp in field, green and black, Sun Yat Sen on left (Pick 217a), uncirculated, scarce HK$1,000-1,200 843 Central Bank of China, 5 and 100 yuan, Tibetan overprints, 1936, both green and multicoloured, Sun Yat Sen on left with central vignette stating values (Pick 217d and 220a), the 100 yuan with short signature (signature 10) on reverse, uncirculated (2) HK$800-1,000

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844 Central Bank of China, 1, 5, 10, 50 and 100 yuan, Tibetan overprints, 1936, multicoloured, Sun Yat Sen at left with central vignette stating values (Pick 216e, 217d, 218f, 219c and 220c), the 100 yuan with long signature (signature 11) on reverse thus original and rare, uncirculated (5) HK$12,000-16,000

845 Central Bank of China, Ancient Vessel ‘Baoding’ issue, 1 (2) and 5 yuan, 1936/1937, serial number Q675068, orange, and green respectively, Sun Yat Sen on right (Pick 211, 212), 1 yuan notes uncirculated, 5 yuan pressed thus extremely fine (3) HK$1,500-2,000

846 Central Bank of China, Ancient Vessel ‘Baoding’ issue, 5 yuan, 1936/1937, serial number 207459, green and yellow and pink, Sun Yat Sen on right, bronze vessel at left (Pick 222), pressed, good extremely fine and this the very rare no prefix variety HK$30,000-40,000

847 Central Bank of China, Ancient Vessel ‘Baoding’ issue, 10 yuan, 1936/1937, serial number F612418, blue and green, Sun Yat Sen on right (Pick 223), uncirculated and difficult to obtain in this excellent condition HK$2,000-2,500

848 Central Bank of China, 5 yuan (2), 1941, green and yellow, 10 yuan (2), 1941, blue and light green (Pick 233, 237), three signature varieties present, about uncirculated (4) HK$1,500-2,000

849 Central Bank of China, a group of the 1939-1942 issue, comprising 1939 fractional currency, 1 fen (Pick 224a, 224b) and 5 fen (Pick 225a, 225b), 1940, 1 jiao (2) (Pick 226), 2 jiao (2) (Pick 227), 10 yuan (2) (Pick 228), 1941, 2 yuan (2) (Pick 231), 5 yuan, green, Chunghwa Printing Company (Pick 234), 5 yuan, brown with Wang He Lou on reverse, De La Rue printing (Pick 235), 5 yuan, brown with trees on reverse (Pick 236), 1942, 5 yuan, green with aeroplane on reverse, De La Rue printing (Pick 244), and 10 yuan blue with trumpeter on reverse, a De La Rue printing (Pick 245), all about uncirculated or better (17) HK$800-1,000

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853 Central Bank of China, Da Ye Printer issues, 100 yuan, 1942, serial number BG 487491, orange, Sun Yat Sen at right, value in vignette at left, reverse green,200 yuan, 1944, serial number in red R 802097, dark green, Sun Yat Sen at left value in vignette at right, reverse brown (Pick 250, 262), both with centre fold, good extremely fine (2) HK$1,500-1,800

850 Central Bank of China, Security Banknote Company issues, 10 yuan (2), blue and pink varieties, 20 yuan (3) red and grey varieties, 100 yuan, greenish grey, all 1941 (Pick 239a, 239b, 240a, 240b, 240c, 243a), a complete set of colour varieties, uncirculated (6) HK$800-1,200

854 Central Bank of China, 400 yuan (2), red prefixes X and DE, 1944, Da Ye Printing Company, green, second note 1945, Central Printing Company, lilac, (Pick 263, 280), good extremely fine, a pair of unusual but popular denominations (2) HK$2,000-2,500

851 Central Bank of China, Security Banknote Company issue, 100 yuan, 1941, no serial numbers, greenish grey, Sun Yat Sen at left, no signatures (Pick 243b for type), uncirculated HK$600-800

855 Central Bank of China, 400 yuan, double prefix, Da Ye Printer issues, red serial number AU 034602, green and yellow, Sun Yat Sen at left, (Pick 263), extremely fine, scarce HK$1,000-1,200

852 Central Bank of China, 100 yuan, 1944, black serial number D/B 755235C, green and pink, Sun Yat Sen at left, green, vignette at centre with value, profile of Sun Yat Sen in watermark, reverse pale pink-brown, temple at right (Pick 257), some corner creases thus about uncirculated, an extremely rare note in any grade HK$7,500-10,000

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856 Central Bank of China, 1000 yuan (2), 1944 & 1945, red prefixes Y and AK, Da Ye Printer issues, both green-blue, Sun Yat Sen portrait (Pick 269, 297), about uncirculated and uncirculated respectively, scarce in high grade (2) HK$1,200-1,500

857 Central Bank of China, 2000 yuan & 5000 yuan (2), Da Ye Printer issues, red prefixes H, A and U respectively, green and brown (2) (Pick 302, 306) from good extremely fine to uncirculated, scarce in high grade (3) HK$2,000-2,200

858 Central Bank of China, 100 yuan, 1944, Hua Nan Printing Company, red serial number ED 811706, black on light grey underprint, Sun Yat Sen at right (Pick 260A), uncirculated, very scarce in this grade HK$1,000-1,200

859 Central Bank of China, 1000 yuan, 1945, Hua Nan Printing Company, red serial number AH 652538, blue, Sun Yat Sen at left (Pick 298), uncirculated, very scarce in this grade HK$1,000-1,200

860 Central Bank of China, 200 yuan, 1945, Da Dong Bookshop Printing, red serial number AJ 093271, grey-blue, Sun Yat Sen at left (Pick 279), uncirculated, scarce in this grade HK$1,500-1,800

861 Central Bank of China, 2500 yuan, 1945, serial number AN245207, Da Dong Bookshop Printing, blue on white, Sun Yat Sen at left (Pick 303), good extremely fine, an unusual and popular denomination HK$1,000-1,200

862 Central Bank of China, 2500 yuan, 1945, serial number AN784689, Da Dong Bookshop Printing, blue on white, Sun Yat Sen at left (Pick 303), good extremely fine, an unusual and popular denomination HK$1,000-1,200 WWW.SPINK.COM

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863 Central Bank of China, 1000 yuan (2), 1945, red serial numbers B111697X & B691350X, Da Dong Bookshop Printing, black and white, Sun Yat Sen at right, (Pick 291), about uncirculated (2) HK$1,200-1,500

866 Central Bank of China, 50 yuan, 1941, red serial number PA 150227, green, Pai Fang issue, printed by Fujian Baicheng (Pick 242b), light centre fold about uncirculated, scarce in this high grade HK$1,800-2,200

864 Central Bank of China, Pai Fang issues (4), 1, 10 (2) & 20 yuan, red seial numbers, 1 yuan 1936, red and black, 10 yuan, 1941, blue, 10 yuan, 1942, brown, 20 yuan, 1942, brown (Pick 238b, 248, 210, 247), from good very fine to about uncirculated (4) HK$1,000-1,200

867 Central Bank of China, 100 yuan, 1944, red serial number AM 935393, grey on blue and orange underprint, Pai Fang at centre (Pick 258), light centre fold otherwise about uncirculated, a popular note of a sought-after series HK$1,000-1,200

868 Central Bank of China, 100 yuan, 1944, red serial number GH 219136, black on grey and violet underprint, Pai Fang at left (Pick 260), light centre fold otherwise about uncirculated HK$1,000-1,200

865 Central Bank of China, 50 yuan, 1941, red serial number K/A 465435, green, Pai Fang issue, printed

by Zhong Yang Xin Tuo Ju (Pick 242a), only minor corner creases, about uncirculated, scarce in this high grade HK$1,500-1,800

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BANKNOTES OF CHINA, HONG KONG AND MACAO

869 Central Bank of China, 100 yuan (2), 1942 & 1943, red serial number prefixes BE and CB, first red, second black, Pai Fang issue (Pick 249a, 254), light central fold, otherwise about uncirculated from a well soughtafter series (2) HK$1,200-1,500

870 Central Bank of China, 500, 1000 & 5000 yuan (3), Pai Fang issues, red prefixes CE, AR, EA,500 yuan, 1944, black and yellow, 1000 yuan, 1944, purple,5000 yuan, 1945, blue (Pick 266, 268a, 305), light centre fold otherwise about uncirculated (3) HK$1,500-1,800

871 Central Bank of China, ‘for Circulation in Vietnam’ 5 yuan, 1945, red serial number AA 211543, green, Sun Yat Sen at left (Pick 269A) very fine and the ‘Vietnam’ issue very rare, unpriced in Pick HK$20,000-30,000

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872 Central Bank of China, 50 yuan, 1945, serial number AJ 901118, grey, Sun Yat Sen at left, Arabic script on reverse (Pick 274), very rare, pressed, almost very fine and exceptioional for type; this short lived series was withdrawn as soon as it was issued owing to an error in the Arabic script stating ‘Chinese Turkmenistan’ rather than Xinjiang HK$40,000-50,000

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873 Central Bank of China, 100 yuan, 1945, serial number AA 998488, grey, Sun Yat Sen at left, Arabic script on reverse (Pick 277A), very rare, pressed, almost very fine and as per previous lot exceptional for type; this short lived series was withdrawn as soon as it was issued owing to an error in the Arabic script stating ‘Chinese Turkmenistan’ rather than Xinjiang HK$40,000-50,000

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877 Central Bank of China, 1000 yuan (2), both 1945, red prefixes AF and FY, brown and lilac, Sun Yat Sen at left, 1000 yuan, blue-grey, Sun Yat Sen at left left (Pick 292, 293), uncirculated (2) HK$800-1,000

874 Central Bank of China, 1940s issues (24), includes various denominations from the ‘for circulation in the Northwest only’ and ‘Fabi’ issues (Pick 251, 253, 267, 270, 273, 278, 283a, 284, 289 (2), 294, 290 (2), 309A, 313, 317, 319, 377, 379, 380a, 380b, 381, 382a, 382b) some good extremely fine otherwise mostly uncirculated (24) HK$1,000-1,200

878 Central Bank of China, 1000 yuan (2), both 1945, red prefixes CK and YD, red and grey variety, 1000 yuan, brown and yellow, both Sun Yat Sen at left (Pick 287, 288), from good extremely fine to uncirculated (2) HK$800-1,000

875 Central Bank of China, 1940s issues (9), (Pick 252, 255, 256, 264, 265, 309, 311, 312), mostly uncirculated (9) HK$1,800-2,200

879 Central Bank of China, 2000 yuan (2), 1945, red prefix DM and black prefix E/P, purple, Sun Yat Sen at left, 1946 purple and yellow, Sun Yat Sen at left (Pick 301a, 307) about uncirculated and uncirculated (2) HK$1,000-1,200

876 Central Bank of China, 1000 yuan, 1945, military overprint issue, red serial number AT 409846, violet on brown underprint, Sun Yat Sen at left, two red Chinese chopmarks, Dong Bei (Northeast) at right, commander Du Yu Ming at left (Pick 288 for type), about very fine, scarce HK$2,000-2,500

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880 Central Bank of China, 10,000 yuan (3), 1947, red prefixes BP, PJ, UU, blue-violet, each from different printers; Central Printers, Da Ye Printers, Chung Hwa Bookshop (Pick 320a, 320b, 320c), from good very fine to uncirculated (3) HK$1,800-2,200

881 Central Bank of China, 10,000 yuan (4), all 1947, all red serial numbers, mountain scene (1), blue-violet (1), brown and multicolour underprint (1), purple with green vignette (1) (Pick 314, 320a, 321, 322m), good extremely fine to uncirculated (4) HK$2,000-2,200

883 Central Bank of China, 10 fen & 20 fen, 1930, red prefixes Q and D, purple and green, vertical format, Sun Yat Sen at top, single prefix Custom Gold Unit issue (Pick 323, 324), extremely fine (2) HK$1,000-2,000 882 Central Bank of China, 10,000 yuan (4), all 1947, mountain scene (1), blue-violet (1), grey-blue (1), brown and multicolour underprint (1) (Pick 314, 320c, 318, 321), extremely fine to uncirculated (4) HK$1,800-2,000

884 Central Bank of China, Custom Gold Unit issues (12), various denominations, (Pick 325, 326d, 327d, 328, 329, 330, 332, 334 (2), 335, 336 and 338), uncirculated (12) HK$800-1,000

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885 Central Bank of China, Custom Gold Unit issue 1000 yuan (3), 1947, red prefixes WV, JM, LM, printed by Chung Hwa Bookshop (1), Da Ye Printing (1), Central Printers (1) (Pick 339a, 339b, 339c), generally about uncirculated (3) HK$600-800

886 Central Bank of China, Custom Gold Unit issue 2000 yuan (6), orange (1), brown (1), green (1), brown and peach (1), blue (1), red (1) (Pick 340, 341, 342, 343, 344, 357), generally about uncirculated (6) HK$500-700

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887 Central Bank of China, Gold Unit issues, comprising 250 yuan, brown, 2500 yuan (2), olive and 5000 yuan, lilac-brown (Pick 331, 345, 353), uncirculated (4) HK$1,200-1,500

888 Central Bank of China, Custom Gold Unit issue 5000 yuan (10), various colours; green, red, brown and yellow, brown and peach, purple with single prefix, purple with double prefix (2), purple, blue (Pick 350, 351a, 352, 353, 359, 360, 361, 362), uncirculated (10) HK$1,200-1,500

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889 Central Bank of China, Custom Gold Unit issue 10,000 yuan (5), blue and red (2), grey-blue (2), blue (Pick 354, 363, 364), about uncirculated (5) HK$500-600

890 Central Bank of China, Custom Gold Unit issue 25,000 yuan (2), red prefixes AW and no prefix, first green, second lilac-brown, (Pick 366, 367), extremely fine and uncirculated (2) HK$500-600

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891 Central Bank of China, Custom Gold Unit issue 50,000 yuan (5), red (2) orange, blue and green, purple-brown (Pick 370, 371a, 372, 373), from fine to uncirculated, scarce (5) HK$1,000-1,200

892 Central Bank of China, Custom Gold Unit issue 250,000 yuan (2), red, multicolour vignette, vertical format with Sun Yat Sen at top (Pick 374), scarce, very fine (2) HK$2,000-2,200

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893 Central Bank of China, 1949 Gold yuan issue (22), various denominations from 1 jiao to 100,000 yuan, from different printing companies, (Pick 395, 396, 397, 401, 403, 406, 407, 408, 409, 411, 412d, 413, 415b (2), 417a, 417b, 418 (2), 419, 421, 422a and 422b), mostly uncirculated (22) HK$1,200-1,500

894 Central Bank of China, 1949 Gold yuan issue (6), 500,000 grey-green, Chiang Kai Shek at left (3), 500,000 yuan, lilac-brown, Chiang Kai Shek at right, Central Bank building on reverse (2), 1,000,000 yuan, brown (Pick 423, 424b, 426), from extremely fine to about uncirculated (6) HK$1,000-1,200 896 Central Bank of China, 1949 Silver yuan fractional currency issue, 1 fen & 5 fen, Chongqing branch, Chongqing branch, green and red, vertical format, Chiang Kai Shek at centre, value in English on reverse (Pick 428, 429), both uncirculated and rare in this condition (2) HK$2,800-3,500 895 Central Bank of China, lot of 12 uncirculated notes comprising mainly the Gold yuan issue (1945, 1948) and also the ‘Northeastern Provinces’ branch issues, various denominations (Pick 383, 385, 386x3, 387, 388, 390, 391, 393, 392 and 394) uncirculated (12) HK$1,200-1,500

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897 Central Bank of China, 1949 Silver yuan fractional currency issue, 10 and 50 cents, 1949, Chongqing branch, red prefixes B and C, blue and lilac, vertical format, Chiang Kai Shek at centre value in English on reverse (Pick 432, 437), very fine and about uncirculated, scarce (2) HK$2,500-3,000

898 Central Bank of China, 1949 Silver yuan fractional currency issue, 1 jiao, Qingdao branch, red serial number B 124892, grey-green, pier scene at left, value in English on reverse (Pick 434), fine, scarce HK$1,500-2,000

899 Central Bank of China, 1949 Silver yuan issues (8), various denominations, all horizontal format, Sun Yat Sen at right, ‘Junk Dollar’ on reverse (Pick 433, 436, 439, 440, 441, 443, 444, 447b), good extremely fine to uncirculated (8) HK$800-1,000

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FARMERS BANK OF CHINA

901 Farmers Bank of China, a selection comprising 10 cents 1935 (Pick 451), red prefix CA, also an obverse and reverse uniface specimen 1 yuan, 1934, red serial number G 000000, red and pale green, farmers at left, reverse green, farmer at centre (Pick 451, 453s), good very fine and extremely fine with traces of mounting, the specimen scarce (3) HK$2,000-2,500

902 Farmers Bank of China, 1 yuan, Lanchow, 1934, serial number T 321651, red and pale green, farmers top left, reverse green, farmer at centre (Pick 453), a rare branch of issue, an original good very fine HK$2,000-3,000 900 Central Bank of China, 1949 Gold yuan ‘Cheque Format’ issue 100,000 yuan & 500,000 yuan, red serial numbers A 588958 and B 595182, vertical format brown on blue and vertical format blue on yellow, overprinted ‘Fuzhou Branch’, Sun Yat Sen at top and blank reverse (Pick 450M, 450N), very fine and extremely fine respectively (2) HK$1,500-2,000

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905 Farmers Bank of China, an obverse and reverse uniface specimen 10 yuan, 1935, red zero serial numbers, purple and multicoloured, farmers at left and right, also an issued example with red serial number KR 064975 (Pick 459s, 459), good extremely fine, the specimen scarce (2) HK$2,000-2,500

903 Farmers Bank of China, an obverse and reverse uniface specimen 10 cents, 1935, red serial number HY 000000, red and pale orange, farmer top centre, additional green serial number 004837 in field, reverse green, also two issued examples with serial number IA 128951, CV 495235 (Pick 455s, 455), two extremely fine and one issued 10 cent good very fine (3) HK$2,000-2,400

904 Farmers Bank of China, 20 cents, green, 1 yuan, red, 5 yuan, green, all 1935 together with an obverse and reverse specimen 5 yuan, red serial number A 000000, 1935, green, farmers at left and right (Pick 456, 457, 458, 458s), uncirculated, next two very fine, the specimen extremely fine and scarce (4) HK$1,600-2,200

906 Farmers Bank of China, 50 cents, 1936, 10 cents, 1937, 20 cents, 1937, 1 (2), a consecutive pair and 10 yuan, 1940 (Pick 460, 461, 462, 463, 464), generally extremely fine (6) HK$600-800

907 Farmers Bank of China, 1, 5 and 100 yuan, 1941, also a specimen 100 yuan, 1941, red zero serial numbers, violet and multicoloured, boats on a canal at centre, also an issued 500 yuan, 1941, green (Pick 474, 475, 477, 477s, 478a), good extremely fine, the specimen scarce and attractive (5) HK$2,400-2,800

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911 Industrial and Development Bank of China, 1 yuan, Chengchow, February 1921, serial number AD78053A, red, Chinese buildings at centre, reverse red, red CHENGCHOW overprint low centre (Pick 491b), almost uncirculated, scarce HK$2,000-2,500

908 Farmers Bank of China, 50 yuan, 1942, red serial numbers K 842844, brown, locomotive at left, 100 yuan, 1942, green, farmers at right (Pick 479, 480a), extremely fine (2) HK$1,200-1,600

912 Industrial and Development Bank of China, 5 yuan, Peking, February 1921, serial number BA019331B, blue, Chinese buildings at centre, reverse red PEKING overprint low centre (Pick 493a), pressed thus very fine HK$1,200-1,500

909 Farmers Bank of China, 5 yuan, green, 10 yuan, violet, 50 yuan, pale red and 100 yuan, pale brown, all 1943 (Pick 480A, 480B, 481, 482), extremely fine and a scarce issue (4) HK$2,500-3,500

INDUSTRIAL AND DEVELOPMENT BANK OF CHINA

913 Industrial and Development Bank of China, 5 yuan, Chengchow, February 1921, serial number BD013265B, blue, Chinese buildings at centre, reverse red CHENGCHOW overprint low centre (Pick 493b), uncirculated, scarce HK$3,000-3,500

910 Industrial and Development Bank of China, specimen 1 yuan, February 1921, serial number 000000, Chinese buildings at centre (Pick 491s), red SPECIMEN overprint, uncirculated, scarce HK$1,000-1,200

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914 Industrial and Development Bank of China, 5 yuan, Tientsin, February 1921, serial number BE004025B, blue, Chinese buildings at centre, reverse red TIENTSIN overprint low centre (Pick 493 for type), uncirculated, rare HK$5,000-6,000

915 Industrial and Development Bank of China, 10 yuan, Peking, February 1921, serial number CA027644C, green, Chinese buildings at centre, reverse red PEKING overprint low centre (Pick 495a), about uncirculated HK$2,500-3,000

917 Industrial and Development Bank of China, fractional remainders without serial numbers, 1 Jiao, Peiping, September 1928, red with mountain scene on left (Pick 499r), and 2 Jiao Tientsin September 1928, purple mountain scene on left (Pick 500r), uncirculated (2) HK$2,500-3,000

918 Industrial and Development Bank of China, 2 jiao, Tientsin, September 1928, serial number T234148, purple mountain scene on left (Pick 500r), uncirculated HK$800-1,000

LAND BANK OF CHINA

916 Industrial and Development Bank of China, 10 yuan, Peking, July 1921, serial number P0086654, green and white, Chinese pagoda at centre, reverse black PEKING overprint low centre (Pick 496), about uncirculated HK$2,800-3,200

919 Land Bank of China, $1, Shanghai, 1 June 1931, red serial number A 900248C, purple, green and pale orange, mountains and houses, reverse purple and pale green, moutains and coastline at left, value at right (Pick 504), good extremely fine, attractive and rare HK$3,000-4,000

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920 Land Bank of China, $5, Shanghai, 1 June 1931, red serial number B 036569J, green and pale pink-orange, mountains and houses, reverse orange and pale green, moutains and coastline at left, value at right (Pick 505), extremely fine, attractive and rare HK$10,000-12,000

923 National Commercial Bank of China Limited, 5 yuan, Shanghai, 1 October 1923, red serial number B 185392, red and multicoloured, Mandarin at centre, reverse blue, cockerel at right (Pick 518a), VG to fine and rare HK$1,500-1,800

NATIONAL INDUSTRIAL BANK OF CHINA

921 Land Bank of China, $10, Shanghai, 1 June 1931, red serial number 483381C, red-brown and green, mountains and houses, reverse blue, moutains and coastline at left, value at right (Pick 506), handstamped 2 in field, an original good very fine, attractive and rare HK$10,000-12,000 924 National Industrial Bank of China, 1, 5 and 10 yuan, Shanghai 1924, purple, red and green respectively with the famous running horse design for this issue, no Roman letter prefix for the 5 and 10 yuan (Pick 525a, 526b and 527a), good very fine and above average for type (3) HK$4,000-5,000

NATIONAL COMMERCIAL BANK OF CHINA LIMITED

922 National Commercial Bank of China Limited, 1 yuan, Shanghai, 1 October 1923, red serial number B 479640, black and multicoloured, Mandarin at right, reverse green, cockerel at left (Pick 517a), good very fine, scarce HK$2,000-2,500 211

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NATIONAL INDUSTRIAL BANK OF CHINA WITH BANK OF COMMUNICATIONS OVERPRINT

925 National Industrial Bank of China, 5 and 10 yuan, Shanghai, 1924, serial numbers P405266D and P652466 respectively, red and green with the running horse design, the 5 yuan has the Chinese word ‘Fu’ and the 10 yuan has the Chinese word ‘Feng’ as the control letters (Pick 526b, 527a), fine (2) HK$1,000-1,200

927 Bank of Communications, 10 yuan, without place of issue, 1935 (old date 1931), serial number M760213A, green, running horse at centre, overprinted ‘This note is issued by the Bank of Communications’ in black centrally on the National Industrial Bank of China note (Pick 151), extremely fine HK$1,500-2,000

NINGPO COMMERCIAL AND SAVINGS BANK LIMITED

926 National Industrial Bank of China, lot of three notes, 1 yuan Shanghai, 1931 (2), purple, running horse at centre, two signature varieties, 5 yuan Shanghai, 1931, serial number M465610 in black, red, running horse at centre with Chinese word ‘Jing’ as control letter (Pick 531b, 531c and 532a), good very fine to extremely fine (3) HK$1,500-2,000

928 The Ningpo Commercial and Savings Bank Limited, $5, 1 September 1920, serial number NJ 29383H, rerd, bank building at centre, reverse red, urn at centre (Pick 541), fine and scarce HK$1,200-1,600

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TAH CHUNG BANK

932 Tah Chung Bank, specimen 50 cents, Hankow, 1921, red serial number H 0000000 X, violet, Great Wall of China at right, also specimen 10 cents, Hankow, 1921, red zero serial numbers H 00000000, green, Great Wall at right (Pick 551as, 553as), red Chinese specimen overprint, good extremely fine, rare (2) HK$2,500-3,500

929 The Ningpo Commercial Bank Limited, specimen $1, 1 November 1921, red zero serial number U 0000000 P, red-brown, bank building at centre, reverse green, value at centre (Pick 545s), extremely fine and scarce HK$2,000-3,000

930 The Ningpo Commercial Bank, $1, 1 September 1925, red serial number N014536G, red and pale blue, bank building at centre, reverse grey-green and pink, value at centre (Pick 546A), extremely fine and scarce HK$2,500-3,000

933 Tah Chung Bank, 1 yuan, Chungking, 1921, red serial number Y 0028228, brown, village at centre in oval frame, reverse brown (Pick 557), good very fine, scarce HK$3,000-3,500

934 Tah Chung Bank, 10 yuan, Chungking, 1921, red serial number Y 0008559, green, village at centre in oval frame, reverse green, village at centre (Pick 557Ab), good very fine, rare HK$4,000-5,000

931 The Ningpo Commercial and Savings Bank Limited, $1, 1 January 1933, blue serial number B 188403T, red, mountains left centre, reverse green, urn at centre (Pick 549b), a fresh good extremely fine and scarce HK$2,000-2,500

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935 Tah Chung Bank, 1 yuan, Peking, 1938, red serial number P 0226679P, green, Great Wall at right, reverse green (Pick 564), good very fine, scarce HK$2,000-2,500

BANK OF TERRITORIAL DEVELOPMENT

936 Bank of Territorial Development, 1 yuan, 1914, remainder without place name or serial number, green, farming scene at centre (Pick 566r), uncirculated HK$800-1,000

937 Bank of Territorial Development, 5, yuan Kiangsu, 1914, serial number SU0029379, purple, fishing scene at centre (Pick 567r), about extremely fine HK$800-1,000

938 Bank of Territorial Development, 5 yuan, FengtienMoukden, 1 December 1914, serial number F0013592, purple, fishing scene at centre, reverse purple, yellow margin above and below (Pick 567k), about extremely fine HK$800-1,000

939 Bank of Territorial Development, 1 yuan, FengtienMoukden/Yunnan, 1914, red serial number Y0078163, green, farming scene at centre (Pick 566n), also 5 yuan Fengtien-Moukden/Yunnan, 1914, red serial number Y0029618, purple, fishing scene at centre (Pick 567m), uncirculated and scarce (2) HK$2,500-3,000

940 Bank of Territorial Development, 5 yuan, Shanghai, 1914, serial number S 0049465, purple, fishing at centre (Pick 567n), also 10 yuan Shanghai, 1914, serial number YS0014600, red, road building scene at centre (Pick 568h), pressed but very fine (2) HK$1,500-1,800

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944 Bank of Territorial Development, $1, Kalgan, 1916, serial number B119495, black and pink, city gateway on left (Pick 582a), uncirculated HK$800-1,000

941 Bank of Territorial Development, 5 yuan, Urga, 1915, serial number 06329, brown and black on pink, Mongolian text on obverse and Russian on reverse (Pick 574), uncirculated, scarce HK$4,000-5,000

945 Bank of Territorial Development, $5, Kalgan, 1916, serial number A048055, green and black, lakeside pavilion on right, (Pick 583a), also a similar $5, unissued remainder without place of issue, serial number A574892 (Pick 583r), uncirculated and about uncirculated respectively, HK$1,800-2,200

942 Bank of Territorial Development, fractional issue remainders, 100 coppers, 1916, red and yellow, farmers and steam train (Pick 576), also 10 cents Changchun, 1916, purple and white, cows on left (Pick 578r), the 100 coppers a little ragged on the right border, both about uncirculated (2) HK$1,500-1,800

MILITARY EXCHANGE BUREAU

943 Bank of Territorial Development, fractional issue, 10 cents, Changchun, 1916, serial number 568611, purple and white, cows on left (Pick 578a), 20 cents, Manchuria, 1915, serial number G0175842, green, farmers working in field (Pick 571), and 40 cents, Changchun, 1916, serial number 508816, black and pink (Pick 580), uncirculated, about uncirculated and very fine respectively (3) HK$1,800-2,200

946 Military Exchange Bureau, $1, 1927, red serial number C 0265182, black, junks and battleship, reverse green with Great Wall at centre (Pick 595), about uncirculated, rare HK$3,000-3,500

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MARKET STABILISATION CURRENCY BUREAU

947 Market Stabilisation Currency Bureau, lot of four denominations all Ching Chao, 1915, lot includes 10, 20, 40 and 50 coppers with ‘Ching Chao’ overprinted in black over a previous place name (Pick 599,600, 601 and 602 for types), very fine to uncirculated (4) HK$800-1,000

948 Market Stabilisation Currency Bureau, lot of four, all 50 coppers, 1915, all different places of issue Kiangsu, Kiangsu/Heilungkiang, Shantung and an unissued remainder, all red and green, Temple of Heaven on right and Summer Palace on left (Pick 602h, 602i, 602j and 602r), uncirculated (4) HK$1,800-2,200

949 Market Stabilisation Currency Bureau, 100 coppers, Shansi, 1915, serial number 631576, green and yellow, Temple of Heaven on right and Summer Palace on left (Pick 603g), uncirculated HK$800-1,000

950 Market Stabilisation Currency Bureau, 100 coppers, Honan, 1915, red serial number A 051647, green and yellow, Temple of Heaven on right and Summer Palace on left (Pick 603e), about uncirculated HK$800-1,000

951 Market Stabilisation Currency Bureau, 50 and 100 coppers, Honan, 1915, serial numbers 132492 and 639472, Temple of Heaven on right and Summer Palace on left (Pick 602g and 603e), 50 coppers wih weak bottom border but very fine overall, 100 coppers pressed thus good very fine HK$1,000-1,200

952 Market Stabilisation Currency Bureau, lot of six notes, mainly Ching Chao issued, various denominations (Pick 604a, 605b, 610, 612, 614b and 615), about very fine to uncirculated (6) HK$1,000-1,200

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953 Market Stabilisation Currency Bureau, lot of five notes, mainly Ching Chao issued, various denominations (Pick 616, 617, 626, 637A and 643), good very fine to uncirculated (5) HK$800-1,000

BANK OF TAIWAN

954 Bank of Taiwan, 1 yen, 1904, black on yellow-tan background, Onagadori cockerels at top, dragons at centre, reverse mauve, text and value (Pick 1911), good extremely fine, scarce HK$3,000-4,000

955 Bank of Taiwan, 1 yen, 1904, black on yellow-tan background, Onagadori cockerels at top, dragons at centre, reverse mauve, text and value (Pick 1911), extremely fine, scarce HK$2,500-3,500 217

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956 Bank of Taiwan, 5 yen, 1904, black on pale blue background, Onagadori cockerels at top, dragons at centre, reverse orange, text and value (Pick 1912), an original good very fine, rare HK$10,000-15,000

957 Bank of Taiwan, 10 yen, 1904, red serial numbers, series B, black on pale tan background, Onagadori cockerels at top, dragons at centre, reverse green, text and value (Pick 1913), an original good very fine, rare HK$10,000-15,000

958 Bank of Taiwan Limited, a group comprising 1 yen, 1933, 10 yen, 1932, 100 yen, 1937 also 10 yen 1945 (Pick 1925a, 1937a, 1928a, 1931a), generally very fine to good very fine, the 100 yen scarce (4) HK$2,400-2,800

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ANHWEI YU HUAN BANK

959 Taiwan, Chinese Administration, a group including 1, 5, 10, 50, 100, 500 yuan, 1946, 100, 1000 (2) and 100000 yuan, 1948, also 10000 yuan, 1949 (Pick 1935-1940, 1941-1944, 1945), generally extremely fine or better, the 10000 yuan scarce (11) HK$2,000-3,000

CENTRAL BANK OF CHINA

960 Taiwan, Chinese Administration, a group including 1 and 5 and 50 cents, 1949, 100 yuan, 1949, 1 yuan (2), 10 yuan, 1949, 10 yuan, 1954, 5 and 10 yuan, 1955, 50 and 100 yuan, 1964, also more modern issues 1, 10, 50, 100 (2), 500 and 1000 yuan, 19611981, also six consecutive ‘plastic’ 50 yuan (Pick 1946, 1947, 1949a, 1950, 1955, 1957, 1967, 1968, 1969, 1976, 1977, 971, 982, 983, 984, 987, 988), generally uncirculated (26) HK$2,000-3,000

962 Anhwei Yu Huan Bank, 1000 cash dated 32nd Year of Guangxu (1906), serial number 258, vertical format, yellow with blue dragons chasing a fireball, Chinese text on reverse with multiple red official stamps (Pick S823), good fine, one small pinhole at left, scarce and a very attractive note HK$4,000-5,000

TAIWAN

961 Bank of Taiwan, Offshore Island Currency, Kinmen, 10 cents, 10 yuan, 5 yuan, 50 yuan, 100 yuan and Matsu, 50 yuan, 1969 (PR 103b, 106, 109, 111, 112, 123), uncirculated (6) HK$1,000-1,200 219

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963 Anhwei Yu Huan Bank, $1, dated 33rd Year of Guangxu (1907), serial number 513, Horizontal format, blue dragon borders, pictures of an Anhwei Silver dollar left and right, Chinese text on reverse (Pick S819), fine HK$1,500-1,800

964 Anhwei Yu Huan Bank, $1, dated 33rd Year of Guangxu (1907), serial number 311, horizontal format, blue dragon borders, pictures of an Anhwei Silver dollar left and right, Chinese text on reverse (Pick S819), good extremely fine, surely one of the best ever seen and extremely rare in this condition HK$8,000-10,000

965 Anhwei Yu Huan Bank, $5, 1907, serial number 344, vertical format, brown border enclosing two dragons in black, Picture of an Anhwei silver on top and Chinese text on reverse (Pick S820), about extremely fine and very rare in this condition HK$20,000-25,000

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ANHWEI PROVINCIAL BANK

969 Anhwei Regional Bank, 1 jiao and 2 jiao, no date, red and blue respectively, pagoda at centre (Pick S813 and S814), the 1 jiao uncirculated and the 2 jiao pressed extremely fine (2) HK$400-500

966 Anhwei Provincial Bank, 1 fen and 5 fen, 1937, two signature varieties for each denomination, Printed by Shanghia Da Tung Company, red and brown respectively (Pick S805 and S806), uncirculated (4) HK$500-600

TSIHAR HSING YEH BANK

967 Anhwei Provincial Bank, set of 1 jiao to 5 jiao 1937, red, blue and purple respectively with the central vignette showing various farming field scenes (Pick S805, 806 and 807), the 1 and 5 jiao uncirculated and the 2 jiao about uncirculated (3) HK$1,000-1,200

970 Tsihar Hsing Yeh Bank, 20 coppers, Peking/Kalgan, 1926, serial number 3823281, brown on light blue, mountain scene at centre (Pick S848b), uncirculated HK$800-1,000

ANHWEI REGIONAL BANK

971 Tsihar Hsing Yeh Bank, 1 yuan, 1927, remainder without signatures or serial numbers, green, pavilion and lake at centre, (Pick S853r), good extremely fine HK$1,800-2,200

968 Anhwei Regional Bank, 1 yuan, 1939, black serial number B590893, red, tree on left, vignette with ‘1 yuan’ in Chinese in right, reverse red (Pick S810), uncirculated HK$600-800 221

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CHARHAR COMMERCIAL BANK

972 Charhar Commercial Bank, group of five notes, 1, 5 and 10 yuan overprinted ‘Kalgan’ 1933, all red serial numbers, brown, red and blue respectively, junks on right (Pick S856Ba, S856Ca and S856Da), lot also includes the 1935 1 jiao and 2 jiao (PS857A and S857B), uncirculated apart from the 5 yuan (5) HK$1,500-1,800

CHEKIANG PROVINCIAL BANK

973 Chekiang Provincial Bank, 1 yuan, 1949, blue prefix AC, red, pagoda on left (Pick S866), and 5 yuan, 1950, red prefix AA, green, Sun Yat Sen on right (Pick S869), extremely fine (2) HK$1,800-2,200

974 Chekiang Provincial Bank, fractional issues, 1, 2 and 5 jiao (2), 1936 (Pick S877, S878 and S879), 1, 2 and 5 fen, 1938, vertical issue, and 5 fen, 1938, horizontal issue (Pick S880, S881, S882 and S885), uncirculated (8) HK$1,000-1,200

975 Chekiang Provincial Bank, 1 yuan, green, 1932, red serial number D 089660, building on hillside and 5 yuan, 1932, red serial number 021267, blue and pink, pagoda at centre, 1932 issue for use in Hangchow (Pick S874 and S875), both pressed but extremely fine and almost very fine respectively (2) HK$1,500-1,800

976 Chekiang Provincial Bank, 1 yuan, 1939, red serial number A1242446, blue, pavilion at left (Pick S888), also a similar 1 yuan in smaller format dated 1941, serial number B2544809 in red (Pick S893), both about uncirculated (2) HK$1,000-1,200

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YUNG HENG PROVINCIAL BANK OF KIRIN

980 The Yung Heng Provincial Bank of Kirin, specimen 5 fen, 1 and 2 jiao 1923, ‘Big Money’ Issue for use in Harbin, ‘Specimen’, hole punch cancelled on issued notes, blue-black, dark blue and blue-orange respectively (Pick S1044, S1045 and S1045), uncirculated and scarce (3) HK$2,000-2,500

977 The Yung Heng Provincial Bank of Kirin, 1, 2 and 5 jiao 1918, first ‘Small Money’ Issue, blue-green, violet-green and blue-orange respectively (Pick S1006a, S1007 and S1008), about uncirculated, very fine and good very fine, scarce (3) HK$2,000-2,500

981 The Yung Heng Provincial Bank of Kirin, short set of the 1921 dollar, Harbin Issue, specimen 5, 10, 20, 50 and 100 coppers, ‘Specimen’ hole punch cancelled on issued notes (Pick S1031 to S1035 inclusive), uncirculated and scarce (5) HK$3,000-3,500

978 The Yung Heng Provincial Bank of Kirin, 2 jiao 1918, first ‘Small Money’ Issue, specimen, serial number 9787193, hole punch cancelled, violet-green, bank building at centre (Pick S1007s), uncirculated HK$800-1,000

982 The Yung Heng Provincial Bank of Kirin, set of 1, 5 and 10 yuan Harbin, ‘Big Money’ Issue, orange, green and purple respectively, various Chinese buildings at centre (Pick S1051, S1052 and S1053), $1 and $10 uncirculated and the $5 toned thus about uncirculated (3) HK$2,000-2,500

979 The Yung Heng Provincial Bank of Kirin, 1 jiao 1918, second ‘Small Money’ Issue, serial number 047038, black and green, buildings on reverse (Pick S1009), good fine HK$500-600

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KIANGSI BANK

983 The Yung Heng Provincial Bank of Kirin, specimen 5 yuan, 1925, serial number 0029520, green, stone plinth on right (Pick S1055), hole punch cancelled on issued note, uncirculated HK$1,200-1,500

984 The Yung Heng Provincial Bank of Kirin, 1 jiao and 5 jiao, 1926, ‘Big Money’ Issue, the 1 jiao red and yellow, steamship on left, serial number 0544043, the 5 jiao brown and yellow, Chinese pagoda at centre, serial number 0473661 (Pick S1063 and S1065), good very fine and uncirculated (2) HK$1,500-1,800

986 Kiangsi Bank, 100 coppers, 1912, red serial number in Chinese, black, mythical lions, vertical format, reverse yellow with lakeside scene (Pick not listed), very good HK$1,200-1,500

985 The Yung Heng Provincial Bank of Kirin, 1, 5 and 10 yuan, 1926, ‘Big Money’ Issue, brown, blue and green respectively, Chinese building on obverse (Pick S1066, S1067 and S1068), pressed but very fine (3) HK$1,500-1,800

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KIANGSE GOVERNMENT BANK

KIANGSI REGIONAL BANK

990 Kiangsi Regional Bank, 10 coppers and $5, ND (old date 1925 and 1924), red serial numbers B 048707, ‘Kiangsi Regional Bank’ overprinted at ‘the Kan Sen Bank of Kiangsi’ in red Chinese characters (Pick S1090 and S1092), very fine and extremely fine respectively (2) HK$3,000-4,000

987 Kiangse Government Bank, $1, 1907, black serial numbers in Chinese, black and blue, Chinese text and red official stamp at reverse (Pick S1083), very good HK$4,000-5,000

RECONSTRUCTION BANK OF KIANGSI

KIANGSI FINANCE BUREAU

988 Reconstruction Bank of Kiangsi, lot of six notes including, 10 coppers (2), 5 fen, 2 jiao, and 5 jiao (2) (Pick S1082Aa, S1082Ac, S1082D, S1082F and S1082G), the 10 coppers fine to very fine, the 5 fen uncirculated, the 2 jiao about uncirculated and the pair of 5 jiao uncirculated (6) HK$2,000-2,400

991 Kiangsi Finance Bureau, $1, 1924, red serial number B330467, blue at purple, lakeside pavilion, Chinese text at reverse, also Central Bank of China, $1, 1926 overprinted ‘Ji Zhong Xian Jin’ (amassing cash), at the Bank of Kiangsi $1, orange, pavilion and tress at centre (Pick S1093D and Pick 181), uncirculated and good fine (2) HK$2,000-2,500

KIANGSI PROVINCIAL BANK

989 Kiangsi Provincial Bank, 1 jiao and 2 jiao, 1949, red serial numbers, blue and brown respectively (Pick S1089C and S1089D), uncirculated (2) HK$800-1,000 225

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BANK OF KIANGSI

992 Bank of Kiangsi, $1, $5 and $10, 1916, black serial numbers, red, green and orange respectively, various Chinese pavilion scenes, shoreline scene at reverse (Pick S1100, S1101 and S1102), very fine, about uncirculated and uncirculated (3) HK$3,000-4,000

995 Yu Ming Bank of Kiangsi, $5, 1933, red serial number Y063435, green, hillside pagoda at left, reverse orange (Pick S1136), fine, rare HK$1,200-1,500

KIANGNAN YU-NING GOVERNMENT BANK

YU MING BANK OF KIANGSI

993 Yu Ming Bank of Kiangsi, selection of four notes, 1 fen, 5 fen (no date), 10 coppers, 1932 (2), (Pick S1125m S1126, S1130 and S1131), the 1 fen toned thus about uncirculated, the other 3 uncirculated (4) HK$800-1,000

994 Yu Ming Bank of Kiangsi, selection of six notes, 2 jiao, 5 jiao and $1 (1933), 1 jiao (1934), 5 jiao (1935), and 5 fen (1938) (Pick S1133, S1134a, S1135, S1139, S1143 and S1151), mixed condition but containing some scarcer notes (6) HK$1,200-1,500

996 Kiangnan Yu-Ning Government Bank, 100 coppers, green and pink, dragons chasing fireball at top, vertical format, Chinese text and various red official stamps at reverse (Pick S1175), good fine HK$8,000-10,000

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KIANGSU FARMERS BANK

998 Kiangsu Farmers Bank, 5 jiao (3), 1939, red serial numbers, brown, Chinese house and pagoda at top, reverse violet, two different types of serial numbers, also included ‘Kiangsu Finance Department’, 1 copper, 1939 (Pick S1220), two of the 5 jiao extremely fine, others uncirculated (4) HK$1,000-1,200

997 Kiangsu Farmers Bank, 1 jiao, 2 jiao and 5 jiao, 1936, red, blue and brown respectively, Chinese house and pagoda at top (Pick S1194a, S1195a and S1198), generally extremely fine (3) HK$800-1,000

999 Kiangsu Farmers Bank, $1, 1939, 1940 and 1941, red serial numbers, three different varieties, the first red and the latter two green (Pick S1200b, S1202 and S1204), fine, fine and about uncirculated (3) HK$1,500-1,800 227

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KIANGSU PROVINCE EXCHANGE NOTES

1000 Kiangsu Province Exchange Notes, $1, $5 and $10, ND (1925), black serial numbers, brown green and blue respectively, plain design with sea wave patterns at obverse, Chinese text and large red official stamp at reverse (Pick S1208, S1209 and S1210), generally extremely fine, scarce HK$4,000-5,000

PROVINCIAL BANK OF CHIHLI

1002 Provincial Bank of Chihli, specimen $1, Tientsin, 1920, red serial numbers ‘000000’, black at green, Chinese temple at centre, reverse green (Pick S1263s), uncirculated HK$1,000-1,200

CHIHLI PROVINCE TREASURY EXCHANGE NOTES

1003 Provincial Bank of Chihli, $1, $5 and $10 (2), Tientsin, 1920, Chinese temple at centre (Pick S1263b, S1264b, S1265b and S1265c), about uncirculated, very fine, very fine and fine (4) HK$1,500-1,800

1001 Chihli Province Treasury Exchange Notes, $1 and $10, 1928, the $1 issued with red serial number 0014085 and the $10 an unissued remainder, orange and blue respectively, bridge at centre, same design for both (Pick S1241a and S1243r), uncirculated (2) HK$2,000-2,500

1004 Provincial Bank of Chihli, 5 coppers, 10 coppers and 50 coppers, Tientsin, 1921, all red serial numbers, blue, green and orange respectively, also included is a contemporary forgery of the 20 copper note, with noticeably cruder printing and ‘Forgery’ stamped in Chinese at the obverse, (Pick S1268, 1269, 1270, 1271), the 5 and 10 coppers extremely fine, the 20 and 50 coppers about uncirculated (4) HK$1,800-2,200 WWW.SPINK.COM

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1008 Provincial Bank of Chihli, $10, Hsuchow, 1926, red serial number 0001186, red, city gate at centre, reverse red (Pick S1290c), scarce place of issue HK$800-1,000

1005 Provincial Bank of Chihli, 10 coppers, Tientsin, 1923, red serial number 0859464, brown-violet and green, bank building at reverse (Pick S1269), about uncirculated, scarce HK$1,000-1,200

BANK OF LOCAL RAILWAYS OF SHANSI AND SUIYUAN

1009 Bank of Local Railways of Shansi and Suiyuan, 1 jiao, 2 jiao, $1, $5 and $10, Taiyuan, 1934, also 5 jiao and $5, Shansi, 1936 (Pick 1291b, S1292, A1294c, S1295, S1296, S1299 and S1301a), very fine to uncirculated (7) HK$1,200-1,500

1006 Provincial Bank of Chihli, selection of 5 copper coin issue notes, 10 and 20 coppers, Tientsin 1924 and 20, 50 coppers Tientsin and 100 coppers Yungtsun 1925 (Pick S1272b, S1273a, S1276b, S1277a and S1278a), generally very fine (5) HK$2,000-2,200

PROVINCIAL BANK OF CHIHLI

1007 Provincial Bank of Chihli, selection of eight notes from the 1926 issue, 20 coppers (3), 1 jiao, 2 jiao, $1, $5 and $10 (Pick S1282, S1285, S1286, S1288a, S1289a and S1290a), about uncirculated to uncirculated (8) HK$1,500-2,000

1010 Provincial Bank of Chihli, 20 copper coins (2), 1926, red serial number 2215052/053, brown and pale blue-green, The Great Wall of China at centre, reverse blue-green and brown, value (PS 1282), uncirculated, a scarce consecutive pair (2) HK$2,500-3,000

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MUKDEN BANK OF INDUSTRIAL DEVELOPMENT

1011 Mukden Bank of Industrial Development, $1 1918 and $1 1920, serial numbers A165844 and C164659, brown and green respectively, pavilion at right, multicoloured reverse, 4% interest bearing bonds (Pick S1323 for both), fine, scarce (2) HK$3,000-4,000

1013 Kung Tsi Bank of Fengtien, 10 coppers, 20 coppers, 50 coppers and 100 coppers, 1922, 20 coppers, 1923 and 10 coppers, 1924 (Pick S1361, S1362, S1363, S1370, S1373 and S1377), uncirculated, except for the 1922 coppers which is good very fine (6) HK$1,500-2,000

KUNG TSI BANK OF FENGTIEN

1014 Kung Tsi Bank of Fengtien, 10 coppers, 20 coppers, 50 coppers and 100 coppers, 1922, 20 coppers, 1923 and 10 coppers, 1924 (Pick S1361, S1362, S1363, S1370, S1373 and S1377), uncirculated, except for the 1923 coppers which is very fine (6) HK$1,500-2,000 1012 Kung Tsi Bank of Fengtien, 5 coppers, 10 coppers and 50 coppers, 1918 (Pick S1355, S1356 and S1358A), paper clip rust marks on the 10 coppers and tape remnant on the 50 coppers, uncirculated, about uncirculated and very fine (3) HK$1,500-1,800

FUKIEN PROVINCIAL BANK

1015 Fukien Provincial Bank, 10 cents, red, 50 cents, purple, 50 cents, orange, also 10 cents, 1937, 1 and 5 fen 1938 and 1 yuan, 1939, red (Pick S1403, 1407, 1410, 1412, 1415, 1416, 1420), generally extremely fine (7) HK$1,500-2,000 WWW.SPINK.COM

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HAINAN BANK

1019 Hainan Bank, 1 yuan, 1949, red serial number 662826, purple and pale green, Sun Yat Sen at left (Pick S1457), good extremely fine and scarce HK$1,000-1,200

1016 Fukien Provincial Bank, 1 and 5 cents, 1940, 20 and 50 cents, 1941, (Pick S1423, 1424, 1427, 1428), good extremely fine, last good very fine (4) HK$1,000-1,200

HIO LUNG KIANG GOVERNMENT BANK

FUKIEN BANK

1017 Fukien Bank, Amoy, $1, ND (1915), red serial number 106705, blue and multicoloured, village at centre also a $5, ND (1915), red serial number 048730, green (Pick S1435, 1436), fine and good fine (2) HK$2,000-2,500

1018 Fukien Bank, Amoy, $10, ND (1915), red serial number E 39743, violet and pale green, building at centre, reverse green and yellow, value and bank title (Pick S1440a), a solid good very fine and scarce HK$3,000-4,000

1020 Hio Lung Kiang Government Bank, 5 coppers, 1913, black serial 09287, grey, flowery borders, red Chinese text at reverse, vertical format (Pick S1474), fine HK$1,500-1,800 231

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KWANG SING COMPANY

1021 Kwang Sing Company, 1 tiao and 100 tiao, 1918, black serial numbers, orange and blue respectively, Chinese text at reverse, vertical format (Pick S1550 and S1555), the 100 tiao scarce, very fine and good fine (2) HK$2,500-3,000

1022 Kwang Sing Company, 1 tiao, 2 tiao, 3 tiao, 5 tiao and 10 tiao 1919, black serial numbers, different colours, Chinese text at reverse, vertical format (Pick S1559, S1560, S1561, S1562 and S1563), the 1, 5 and 10 tiao, overprinted ‘Specimen’ in large red Chinese characers, generally extremely fine to uncirculated (5) HK$3,000-3,500

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1023 Kwang Sing Company, specimen $5 and $10, 1924, serial number 000000, brown and red respectively, city gate entrance at centre (Pick S1602s and S1603s), good extremely fine (2) HK$2,000-2,500

1024 Kwang Sing Company, $5, $10 Harbin, and another $10 without place of issue, 1924, brown and red respectively, city gate entrance at centre (Pick S1602a, S1603a and S1603c), pressed but very fine, extremely fine and good extremely fine (3) HK$1,800-2,200

1026 Kwang Sing Company, specimen $10, 1926, red serial number B000000, the ‘Big Money’ issue, dark brown, hillside shrine at centre, reverse brown with various red overprints (Pick S1615s), uncirculated HK$1,000-1,200

1025 Kwang Sing Company, $5 and $10, 1924, red serial numbers, the dollar bond series, black and olive-green respectively, hillside shrine at centre (Pick S1605 and S1606), very good and good fine (2) HK$1,500-2,000

1027 Kwang Sing Company, 5 jiao, Harbin, 1929, red serial number 0506861, blue and green, bank building and red official stamp at centre, reverse violet (Pick S1618a), uncirculated, scarce HK$2,000-2,500

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FARMERS AND INDUSTRIALISTS BANK OF HONAN

1029 The Farmers and Industrialists Bank of Honan, 5 fen, 1937, blue, Chinese pagoda on left, and 1 yuan 1940, brown, farming scenes on obverse (Pick not listed), good extremely fine and good fine (2) HK$600-800

PROVINCIAL BANK OF HONAN

1028 Kwang Sing Company, 20 tiao 1925 and 100 tiao 1929, black serial numbers 0249 and 28045, brown and blue-purple respectively with picturesque traditional Chinese scenes (Pick S1610 and S1619Ga), uncirculated and good very fine (2) HK$1,500-2,000

1030 Provincial Bank of Honan, 1 and 5 yuan, 1922, blue and orange respectively, Yue Fei at centre, serial numbers R0090935 and Y167860 respectively (Pick S1673 and S1674), good fine and uncirculated (2) HK$1,500-1,800

1031 Provincial Bank of Honan, 20 and 50 coppers, 1923, green-gray and brown-pink, Chinese buildings right and left (Pick S1681 and S1682b), about uncirculated (2) HK$500-800 WWW.SPINK.COM

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1032 Provincial Bank of Honan, 20, 50 and 100 coppers, 1923, green-gray, brown-pink and orange-slate blue, Chinese buildings right and left (Pick S1681, S1682b and S1685a), extremely fine, about uncirculated and about uncirculated (3) HK$700-900

1035 Bank of Honan Province, 100 coppers, 1922, serial number 0896403, blue and yellow, Yue Fei at centre (Pick S1701), about very fine HK$1,000-1,200

1033 Provincial Bank of Honan, 1 yuan (2), and 5 yuan 1923, overprinted Honan, The 1 yuan red-orange, Chinese shrine at centre and the 5 yuan green on multicoloured underprint with the Chinese shrine on right (Pick S1688b and S1689b), pressed very fine, pressed good extremely fine and pressed good very fine (3) HK$1,000-1,200

1036 The Hunan Industrial Bank, 100 coppers (2), Changsha and Yiyang, 1916, red serial numbers, Shen Nong on left and pagoda on right, reverse orange (Pick S2005 or S2006 for type), fine (2) HK$1,500-1,800

HUNAN INDUSTRIAL BANK

HOPEI METROPOLITAN BANK

1034 Provincial Bank of Honan, 1, 5 and 10 yuan, 1923, all red serial numbers, overprinted Tientsin, the 1 yuan red-orange, the 5 yuan green on multicoloured underprint and the 10 yuan purple, all with picture of Chinese shrine on obverse (Pick S1688c, S1689c and S1690c), about uncirculated, uncirculated and uncirculated (3) HK$2,000-2,500

1037 Hopei Metropolitan Bank, 40 copper coins, ‘Peiping’, 1936, red serial number A 3582206, brown and pale blue, house at centre in oval frame, reverse brown, value, 4 copper coins and 6 copper coins, 1938, also a 20 copper coins ‘Peiping’, 1936 (Pick S1710F, S1710J, S1710K, S1710E), generally extremely fine and scarce (4) HK$1,500-2,000 235

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BANK OF HOPEI

1038 Bank of Hopei, 10 and 20 cents, 1929, Tientsin overprint, 20 cents, Peiping, also a 5 yuan, 1930, Peiping, red serial number 0089654, orange-brown, building (Pick s1711d, 1712, 1712a, 1715A) good very fine or better, the 5 yuan almost extremely fine, original and rare (4) HK$3,000-4,000

1041 Bank of Hopei, 50 cents, 1940, blue serial number C 0820231N, red, the temple of Heaven at centre, reverse value (Pick S1735), about extremely fine and scarce HK$1,200-1,400

SIKIANG PROVINCIAL BANK

PROVINCIAL BANK OF HOPEI

1039 Provincial Bank of Hopei, 1, 5 and 10 yuan, Tientsin, 1933, also Bank of Hopei 1, 2, 5 (3) yuan, Tientsin, 1934 (Pick S1723, 1724, 1725, 1729, 1730, 1731a, b), first three fine to very fine, balance better (8) HK$2,000-3,000

1042 Sikiang Provincial Bank, $1â „ 2 , 1939, black serial number D0021850, red and orange-yellow, houses and mountains at left, reverse red, Tibetan script (Pick S1739), original about extremely fine, a very scarce note in this condition, charming HK$2,800-3,200

BANK OF HOPEI

1040 Bank of Hopei, 5 yuan, Tientsin, 1934, red serial number B 438619B, brown and pale blue, house at centre, reverse brown, value (Pick S1732a), an original good very fine and scarce HK$1,500-2,000

1043 Sikiang Provincial Bank, $1, 1939, red serial number B0041738, Potala Palace at centre, reverse blue and pink, Tibetan script (Pick S1740), good very fine, a very scarce note in this condition HK$2,800-3,200

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DI HUA OFFICIAL CURRENCY BUREAU

1045 Di Hua (Urumuqi), Official Currency Bureau, 100 cash, 1932, unissued example without serial number, black printing on cloth, wheat patterned borders, plain reverse with large red official stamp (Pick not listed), extremely fine for type, scarce HK$2,500-3,000

1044 Di Hua (Urumuqi), Official Currency Bureau, 100 cash, 1932, black serial number, black printing at cloth, wheat patterned borders, plain reverse with large red official stamp (Pick not listed), good very fine for type, scarce HK$2,500-3,000

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SIKIANG PROVINCIAL GOVERNMENT FINANCE DEPARTMENT TREASURY

SIKIANG COMMERCIAL AND INDUSTRIAL BANK

1047 Sikiang Commercial and Industrial Bank, 1 fen, 3 fen, 5 fen, 1 jiao, 2 jiao, 5 jiao and $1, 1939, plain obverse with Chinese text and likewise but with Arabic at reverse, (Pick S1743, S1744, S1745, S1746, S1747, S1748 and S1749), the 3 fen and $1 good fine and the rest about uncirculated (7) HK$1,000-1,200

1046 Sikiang Provincial Government Finance Department Treasury, 100 cash 1919, 100 cash (2), 1920, 100 cash (2), 1932, Sinkiang Sub Prefecture Administration Finance Department Treasurey, 3 taels and 5 taels 1932 also Khotan Administration Government Head Public Office, 1 tael 1934 (Pick S1815, S1820, S1857, S1779, S1780 and S1738), an assorted lot of unusual denominations and in far better condition than usually encountered, the Khotan 1 tael very good and the rest good extremely fine to uncirculated (8) HK$1,800-2,000

1048 Sikiang Commercial and Industrial Bank, $50 and $100 1939, $10 1940 and $10 1943 (Pick S1753, S1754, S1758a and S1763), good very fine to about uncirculated, a selection of the scarcer, higher denominations of the series and in far superior grade than usually encountered (4) HK$3,000-3,500

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SIKIANG PROVINCIAL BANK

1050 Sikiang Provincial Bank, $3 million and $6 million, 1948, red serial numbers AC 232907 and AI 283407, blue-green and dark blue-yellow respectively, Sun Yat Sen at left (Pick S1787, S1788), about uncirculated and good very fine, scarce in this high grade (2) HK$1,500-2,000

1051 Sikiang Provincial Bank, $30 million, $60 million and $600 million, 1949 Gold Yuan issue, red serial numbers A1 298321, BF 426310 and AJ 372138, Sun Yat Sen at obverse, bank building and Arabic script at reverse (Pick S1790, S1791 and S1794), good fine, about uncirculated, good fine, amongst the highest denominations by any Chinese currency issuer, these notes are much better condition than normally found (3) HK$2,500-3,000

1049 Sikiang Commercial and Industrial Bank, $200, $500, $2000, $5000, $20000, $200000 and $500000, 1945 - 1948, similar designs with portrait of Sun Yat Sen at obverse and various industrial scenes/buildings and Arabic script at the reverse (Pick S1765, S1769, S1771, S1772, S1774, S1777 and S1778), a good selection of high denominations, generally very fine (7) HK$2,000-2,500

1052 Sikiang Provincial Bank, 1 fen 1 jiao, $1 and $10, 1949-1950 Silver Yuan issue, (Pick S1798, S1800, S1803 and S1806), the 1 and 5 fen uncirculated, $1 about uncirculated and the $10 good fine, scarce in high grade (4) HK$1,800-2,200

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HULUNPEIERH OFFICIAL CURRENCY BUREAU

HUNAN GOVERNMENT BANK

1053 Hulunpeierh Official Currency Bureau, 5 jiao and $5, 1919, red serial numbers, black and dark blue respectively, bilingual in Chinese and Mongolian scripts (Pick S1892G and S1892J), very fine (2) HK$1,800-2,200

1054 Hulunpeierh Official Currency Bureau, $5 and $10, 1919, red serial numbers, dark blue and orange respectively, bi-lingual in Chinese and Mongolian scripts (Pick S1892J and S1892K), very good (2) HK$2,000-2,500

1056 Hunan Government Bank, 1 tael, 1905, Chinese serial number in black, vertical format, green, facing dragons left and right, Chinese text at reverse with large red official stamps (Pick S1913), very good, repaired borders HK$1,500-1,800

1055 Hulunpeierh Official Currency Bureau, $25, 1919, black serial number 458, blue at yellow, shrine at centre, bilingual in Chinese and Mongolian scripts (Pick S1892L), about fine, rare HK$2,500-2,800

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1060 Hunan Government Bank, 1 tael, 1908, Chinese serial number in purple, black and blue, facing dragons top, Chinese text at reverse with large red official stamps (Pick S1926), very fine, above average condition for type HK$6,000-7,000

1057 Hunan Government Bank, 5 taels, 1906, Chinese serial number in black, blue and black, facing dragons left and right, Chinese text at reverse with large red official stamps (Pick S1914b), ‘TEALS’ spelt in error, about fine HK$7,500-9,000

HUNAN PROVINCIAL BANK

1058 Hunan Government Bank, 100 coppers, 1908, Chinese serial number in black, blue and grey, facing dragons top, Chinese text at reverse with large red official stamps (Pick S1918), very good, rare HK$3,000-4,000

1059 Hunan Government Bank, Woo Nan Bureau of Currency, 1 tael, 1908, Chinese serial number in purple, black and blue, facing dragons top, Chinese text at reverse with large red official stamps (Pick S1926), about very fine, above average condition for type HK$5,000-6,000

1061 Hunan Provincial Bank, 300 cash 1936 and 5 fen 1937, brown and violet respectively (Pick S1976 and S1984), the 300 cash an unusual denomination and scarce, very good with rust hole at left and the 5 fen uncirculated (2) HK$800-1,000 241

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1062 Hunan Provincial Bank, a selection of fractional notes, 2 fen, 3 fen and 1 jiao 1938 and 1 jiao and 2 jiao, all 1940 (Pick S1987, S1988, S1989, S1992 and S1993), extremely fine to uncirculated (5) HK$1,200-1,500

HUNAN INDUSTRIAL BANK

1063 The Hunan Industrial Bank, 100 coppers (2), Xiangtan and Changde, 1916, red serial numbers, Shen Nong on left and pagoda on right, reverse orange (Pick S2005 or S2006 for type), good fine and very fine (2) HK$1,800-2,000

1065 Hunan Bank, 1, 5 tael, 1912, serial numbers C 5569 and 07805, the ‘Double Phoenix’ series, both with violet borders, Chinese text on reverse (Pick S2032 and S2033), good fine (2) HK$1,500-1,800

1066 Hunan Bank, 10 tael, 1912, black handstamped serial number 06293, the ‘Double Phoenix’ series, violet borders, Chinese text on reverse (Pick S2034), very good, rare HK$1,000-1,200

HUNAN BANK

1064 Hunan Bank, 100 coppers, one yuan and one tael, 1912, all blue handstamped serial numbers, the ‘Double Phoenix’ series, green, brown and purple borders respectively, Chinese text on reverse (Pick S2027, S2029 and S2032), very good, very good and very fine (3) HK$1,500-1,800

1067 Hunan Bank, 30 coppers and 100 coppers (2), 1913, black serial numbers, brown and blue borders respectively, ‘Hunan Bank’ in a scroll, Chinese text on reverse (Pick S2037, S2340 and S2341), fine, good fine and very fine (3) HK$1,500-1,800

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1070 Hunan Bank, 20 coppers, 50 coppers and 100 coppers, 1917, Changsha, red serial numbers, various colours but all with temple on left and walled city on right, bank building on reverse (Pick S2057, S2059 and S2060), the 20 and 100 coppers uncirculated and the 50 coppers good fine (3) HK$1,200-1,500

1068 Hunan Bank, 10 coppers (2), 20 coppers, 30 coppers and 100 coppers, 1915, various designs and colours (Pick S2045, S2046, S2047 and S2050), one of the 10 coppers, and the 20 coppers about fine and the other 10 coppers and 100 coppers good extremely fine to about uncirculated (5) HK$2,000-2,500

1071 Hunan Bank, 100 coppers, 1917, Changsha, red serial number T 613979, brown and blue, temple on left and walled city on right, bank building on reverse (Pick S2060), extremely fine HK$500-700

1069 Hunan Bank, 10 coppers, 20 coppers and 30 coppers, 1917, all red serial numbers, Changsha, red serial numbers, various colours but all with temple on left and walled city on right, bank building on reverse (Pick S2056, S2057 and S2058), the 10 and 20 coppers about extremely fine and the 30 coppers about very fine (3) HK$1,000-1,200

1072 Hunan Bank,500 coppers, 1917, Changsha, red serial number A 351320, green and pink, temple on left and walled city on right, bank building on reverse (Pick not listed), damage on right border, very good overall and extremely rare HK$3,000-3,500 243

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BANKNOTES OF CHINA, HONG KONG AND MACAO

HUNAN TREASURY

1073 Hunan Treasury Interest Bearing Term Certificate, $10, 1920, red serial number 0049032, green, reverse orange with Chinese text and large red official stamp (Pick S2020), extremely fine HK$600-800

HUPEH PROVINCIAL BANK

HSING YEH BANK OF JEHOL

1074 Hupeh Provincial Bank, 1 jiao 1928, 5 jiao, Hankow 1932 and Hupeh Provincial Bank 100 coppers, 1914 (Pick S2101, S2108 and S2098), about uncirculated, fine and very fine (3) HK$800-1,000

1076 Hsing Yeh Bank of Jehol, $1, red, serial number 1223699 and $5, red serial number 0392197 both dated 1920, Jehol, blue and brown respectively, shrine at centre (Pick S2169 and S2171b), very good and about very fine (2) HK$800-1,000

1075 Hupeh Provincial Bank, 1 jiao and 5 jiao 1936, $1 1940, red serial numbers, blue, blue and grey respectively (Pick S2110, S2112 and S2119), about uncirculated, about uncirculated and good very fine, the $1 scarce (3) HK$1,200-1,500

1077 Hsing Yeh Bank of Jehol, 50 coppers and 100 coppers (2), brown, olive-green and brown respectively, various Chinese buildings at centre, reverse pagoda (Pick S2176, S2177 and S2177Aa), generally fine (3) HK$800-1,000

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INDUSTRIAL DEVELOPMENT BANK OF JEHOL

CANTON MUNICIPAL BANK

1078 The Industrial Development Bank of Jehol, $1, $5 and $10, 1925, violet, yellow and green respectively with different scenes of the Great Wall on each note (Pick S2186a, S2187a and S2188b), first good extremely fine, others pressed but very fine (3) HK$1,200-1,500

1079 Hsing Yeh Bank of Jehol, 1 jiao, red serial number 0488949, red, lake side scene at left and right, reverse red (Pick S2212), uncirculated, scarce HK$1,200-1,500

1081 Canton Municipal Bank, 10 cents, 1928, blue, 50 cents, 1928, green and pink (Pick S2253b, 2255 fine and very fine, the 50 cents rare (2) HK$3,000-4,000

KANSU GOVERNMENT MONETARY BUREAU

1080 Kansu Government Monetary Bureau, 50 cents (2), 1935, blue serial number T236392 and red serial number B531693, red, arched bridge at left, and brown with water wheel at centre (Pick S2245 and S2246), uncirculated and almost uncirculated (2) HK$1,200-1,500 245

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1083 Canton Municipal Bank, 10 cents, red and 20 cents, orange, both 1933, Sun Yat Sen portrait, also $1, 1933, orange-brown and $5, 1933, green (Pick S2276, 2277, 2278c, 2279c), generally good extremely fine (4) HK$1,500-2,500 1082 Canton Municipal Bank, $1, Canton, 1932, serial number 297358, orange and pale green, reverse orange, Sun Yat Sen (Pick S2256b), uncirculated and scarce HK$1,500-2,000

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KWANGSI PROVINCIAL TREASURY NOTE

1084 Canton Municipal Bank, $10, Canton, 1933, blue serial number C 054922, red and multicoloured, building at centre, reverse green, Sun Yat Sen at centre (Pick S2280c), good very fine, scarce HK$1,500-2,000

KWANGSI FARMERS BANK

1086 Kwangsi Provincial Treasury Notes, 1 yuan, Nanning, 1934, serial number 971616N, orange, government buildings at centre, vertical format, also a similar notes but issued for Wuchow, serial number 198243W (Pick S2304a and S2304b), extremely and about very fine respectively (2) HK$2,500-3,000

1085 Kwangsi Farmers Bank, 1 yuan, 1938, red serial number C194515, blue, mythical man on left, ploughing scene on right, also 5 yuan 1938, green serial number A143949 (Pick S2295 and S2296), uncirculated (2) HK$2,500-3,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

KWANGSI PROVINCIAL GOVERNMENT NOTES

PROVINCIAL BANK OF KWANGSI

1087 Kwangsi Provincial Government, 1 jiao, 1949, serial number 1011477, green, building at centre, also 5 jiao, 1949, serial number 2345041, brown, Chinese style building at centre (Pick S2311 and S2313), about uncirculated and uncirculated (2) HK$1,500-1,800

1090 Provincial Bank of Kwangsi, 5 yuan and 10 yuan, Wuchow, 1926, blue and brown respectively (Pick S2326j and S2327g), good fine (2) HK$1,200-1,500

1088 Kwangsi Provincial Government, 10 jiao, 1949, red serial number 141991, green and yellow, building on right, reverse brown (Pick S2314), uncirculated, scarce in this grade HK$1,000-1,200

1089 Kwangsi Provincial Government, 50 jiao, 1949, serial number 152717, purple and green, building at centre (Pick S2315), uncirculated, scarce in this grade HK$1,200-1,500

1091 Provincial Bank of Kwangsi, 5 and 10 yuan, Nanning, 1926, blue and brown respectively (Pick S2326i and S2327e), good fine (2) HK$1,200-1,500

1092 Provincial Bank of Kwangsi, 5 yuan with military stamp on reverse, January 1926, Nanning, red serial number A 1124329, blue and pink, junks on right and Chinese building on left (Pick S3829a), about very fine HK$1,500-1,800

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1093 Provincial Bank of Kwangsi, 1, 5 and 10 yuan, 1929, without place of issue, black, green and blue respectively, all with scenes from Lijiang (Pick S2339r, 2340r and 2341r), very fine, uncirculated and about uncirculated HK$500-600

1096 Provincial Bank of Kwangsi, 1 jiao, 1932, blue serial number 9312154, brown and green, building at centre, reverse orange (Pick S2342), uncirculated, scarce in this grade HK$1,500-2,000

KWANGSI BANK, MILITARY ISSUE

1094 Provincial Bank of Kwangsi, 1, 5 and 10 yuan, 1929, Wuchow, black, green and blue respectively, all with scenes from Lijiang (Pick S2339g, 2340g and 2341g), about very fine to about uncirculated HK$500-600 1097 Kwangsi Bank, Military Hao Issue, 1 yuan (2), Lungchow and Nanning, and also 5 yuan, Lungchow, 1912 (Pick S2351c, S2351d and S2353c), both 1 yuan uncirculated and the 10 yuan extremely fine (3) HK$1,500-1,800

1095 Provincial Bank of Kwangsi, 1 yuan (4), Nanning, Kweilin, Watlam, Liuchow and 10 yuan, 1929, Liuchow, all with scenes from Lijiang (Pick S2339b/c/e/f and S2341c), about very fine to about uncirculated (5) HK$600-800

1098 Kwangsi Bank, 5 jiao, 1918, Lungchow, serial number 993254, green and purple, hillside scene on left and factories on right (Pick S2356), about very fine HK$800-1,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1099 Kwangsi Bank, three military issues, 1 jiao, 5 jiao and $1, 1920-1921 all overprinted for issue in Wuchow (Pick S2357, S2365 and S2366), the jiao notes about uncirculated and the 1 yuan fine (3) HK$1,000-1,200

1100 Kwangsi Bank, fractional issue, 1 jiao, blue 1936, 5 jiao, green, 1938 and 5 jiao (2), purple, ND (Pick S2380, S2381 and S2382), first two uncirculated, others very good and extremely fine (4) HK$3,000-3,500

KWANGTUNG CURRENCY BUREAU

1101 Kwantung Currency Bureau, $5, 1907, pale orange and black, house low centre, dragon top left and right, coin at left and right, reverse red and white (Pick S2393), original and fresh, three light creases otherwise almost extremely fine, above average for type, attractive and very rare in this quality.

A ‘classic’ note HK$400,000-450,000

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PROVINCIAL BANK OF KWANGTUNG PROVINCE

PROVINCIAL BANK OF KWEICHOW

1105 Provincial Bank of Kweichow, 1, 5 and 10 cents, orange, green and red (Pick S2461-2463), uncirculated (3) HK$500-800

1102 Provincial Bank of Kwangtung Province, 1, 5, 10, 50 and 100 yuan, 1918, various famous buildings in the province (Pick S2401e, S2402b, S2403c, S2404d and S2405d), very fine (5) HK$1,200-1,500

CHINESE MINING AND ENGINEERING COMPANY

KWANGTUNG PROVINCIAL BANK

1106 Chinese Mining and Engineering Company, $1, Tongshan, 1 March 1902, serial number A10459, black and orange-brown, allegorical maiden at centre, counterfoil at left, reverse green (Pick S246), in PMG holder 45, choice extremely fine HK$2,500-3,000

1103 Kwangtung Provincial Bank, 1 yuan to 10 yuan, 1931, both the local and provisional issues, all with Sun Yat Sen on obverse (Pick S2421 to S2429 - but not complete), very fine to uncirculated (12) HK$800-1,200

1107 Chinese Mining and Engineering Company, $5, Tongshan, 1 March 1902, serial number B 0725, black and pale green, allegorical maiden at centre, reverse orange-brown (Pick S247), in PMG holder 35, choice very fine HK$3,500-4,500

1104 Kwangtung Provincial Bank, $1 (2), 1940, unissued remainder (Pick S2449r), fractional issues (Pick S2408a, S2431, S2436 and S2437b), and the complete set of the 1949 issue from the 1 cent to the $100 (Pick S2452 - S2459 inclusive), all but one uncirculated (14) HK$1,200-1,500 251

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BANKNOTES OF CHINA, HONG KONG AND MACAO

COMMERCIAL GUARANTEE BANK OF CHIHLI

1108 Chinese Mining and Engineering Company, $10, Tongshan, 1 March 1902, serial number A10459, blue and black, allegorical maiden at centre, reverse purple-red (Pick S248), in PMG holder 40, extremely fine, rare HK$4,000-6,000

1109 Chinese Mining and Engineering Company, $20, Tongshan, 1 March 1902, serial number A10459, black and orange-brown, allegorical maiden at centre, reverse mauve (Pick S247B), in PMG holder 35, choice very fine, rare HK$5,000-7,000

1111 Commercial Guarantee Bank of Chihli, specimen $1, $5 and $10, 1919, red zero serial number, bank building at obverse (Pick S2515s, S2515As and S2516s), red SPECIMEN overprint, uncirculated (3) HK$3,500-4,000

1112 Commercial Guarantee Bank of Chihli, $1 and $5 Peiping and $5 and $10 Tientsin, 1919, all with bank building at obverse (Pick S2515a, S215Aa, S2515b and S2516c), all very good apart from the Tientsin $5 which is very fine (4) HK$2,500-3,000

BANK OF KWEICHOW

1110 Bank of Kweichow, $1 (3), 1912, 1922 and 1925, green, blue-pink and blue-green respectively (Pick S2468, S2474 and S2480), about very fine, fine and about uncirculated (3) HK$2,000-2,500

1113 Commercial Guarantee Bank of Chihli, $1, Peiping, 1933, red serial number B904005, Great Wall left and right, also a uniface obverse specimen of the same note, red serial number A000000 (Pick S2518d and S2518s), very good and uncirculated (2) HK$1,000-1,200

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FRONTIER BANK

1114 The Frontier Bank, 1 yuan, Harbin, 1921, serial number H 0043397, brown, camels at centre, reverse orange (Pick S2551), VG but rare as an issued note HK$3,000-4,000

1117 The Frontier Bank, 10 cents (2), Tientsin, 1925 and Peking and Tientsin, 1925, orange-brown, also a 20 cents, Tientsin, 1925, green (Pick S2563a, 2564a, 2565a), about extremely fine and scarce (3) HK$2,000-2,500

1115 The Frontier Bank, specimen 5 yuan, Harbin, 1 April 1921, red serial number H 0000000, green, camel caravan at centre, reverse brown, black HARBIN SPECIMEN overstamp (Pick S2552s), perforated, good very fine and rare HK$2,000-2,500

1118 The Frontier Bank, 1 yuan, Harbin, 1 July 1925, red serial number A 694828C, green and multicoloured, building at centre, red handstamp at centre, reverse green, HARBIN overstamp (Pick S2568a), very fine, scarce HK$1,500-2,000

1116 The Frontier Bank, specimen 10 yuan, Harbin, 1 April 1921, red serial number H 0000000, violet, camel caravan at centre, reverse orange-brown, black HARBIN SPECIMEN overstamp (Pick S2553s), perforated, good very fine and rare HK$3,000-3,500 253

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BANKNOTES OF CHINA, HONG KONG AND MACAO

SHAN HSI ZING FUN BANK

1119 The Frontier Bank, specimen obverse and reverse uniface 5 yuan, orange and specimen uniface obverse and reverse 10 yuan, green, both Mukden, 1 July 1925, both red zero serial numbers, building at centre (PS 2571s, 2573s), uncirculated, scarce (2) HK$2,500-3,000

1120 The Frontier Bank, 10 yuan (3), Harbin (2), Mukden, 1 July 1925, red serial numbers, blue, house at centre (Pick S2572a, b, 2573), fine (3) HK$2,000-2,500

1122 Shan Hsi Zing Fun Bank, 1 liang, 1 May 1912, red serial number D 59339, violet and multicoloured, reverse blue, street scene (Pick S2593), good very fine, scarce HK$1,500-2,500

1123 Shan Hsi Zing Fun Bank, 5 liang, 1 May 1912, black serial number B 89752, green, reverse blue and pale orange, value and globes at centre, red seals on note (Pick S2597), good very fine, scarce HK$2,000-3,000

1121 The Frontier Bank, an obverse and reverse specimen 10 cents, Harbin, 1929, brown and a specimen and an issued 50 cents, Harbin, 1929, orange (Pick S2576s, 2580s, 2580a), extremely fine and scarce (3) HK$2,000-2,500

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FU CHING BANK OF SHENSI

1126 Fu Ching Chien Chu Shensi, 1 yuan, green, red serial number 836816, and 10 yuan, 1922, red serial number 024918, orange-brown, fortress at centre, red serial numbers (Pick S2600, 2600B), good very fine, scarce (2) HK$1,500-2,000

1124 Shan Hsi Zing Fun Bank, 10 liang, 1 May 1912, black serial number 2571, black and white, reverse green and blue, ship at left, locomotive at right, various red chops (Pick S2598), good very fine, scarce HK$5,000-8,000

1125 Shan Hsi Zing Fun Bank, 10 liang, serial number 20116, black and grey, red chops in field, value and Chinese text, reverse blue and pale green, ship at left, locomotive at right, red chops in field (PS 2598), various red chops, extremely fine, attractive and scarce HK$12,000-16,000

1127 Fu Ching Chien Chu Shensi, 100 cash, 1 March 1923, red serial number 1970399, mauve, mountain and waterfall top centre, reverse green and lilac, value in red panel at centre (Pick S2601), about extremely fine and rare HK$2,000-3,000 255

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1128 Fu Ching Chien Chu Shensi, 200 cash, 1 March 1923, red serial number 1905524, green, mountain and waterfall top centre, reverse green and brown, value in red panel at centre and 500 cash, red-brown, reverse blue and pink (Pick S2602, 2603), about very fine and rare (2) HK$2,000-2,500

1129 Fu Ching Chien Chu Shensi, 1000 cash, 1 March 1923, red serial number 0923375, blue, mountain and waterfall top centre, reverse brown and pale blue, value in red panel at centre (Pick S2604), very fine and rare HK$1,500-2,000

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FU CHING BANK

SHANSI PROVINCIAL BANK

1130 Fu Ching Bank, 2 ch’uan, 1927, red-brown, pagoda at centre also 2000 cash, 1928, violet, town scene at centre, red chops (Pick S2607B, 2614), fine and good very fine, scarce (2) HK$1,500-2,000

1132 Shansi Provincial Bank, $1, Taiyuan 1919, 10 coppers (Taiyuan and Ping Yao), and 20 coppers, Taiyuan, 1924, also included is a 25 cent note issued

by Shansi Provincial Railway, 1940 (Pick 2628b, S2633c, S2633b, 2634a and S2624), extremely fine to uncirculated (5) HK$1,500-2,000

SHENSI FU-CHING BANK

1131 Shensi Fu-Ching Bank, 100 copper coins, 1935, redbrown, street scene also a 10 and 20 cents of the same bank but with overprint the Provincial Bank of Shensi (Pick S2619, 2691, 2692), about extremely fine, scarce (3) HK$1,500-2,000

1133 Shansi Provincial Bank, 1 jiao, 2 jiao, Taiyuan 1926 and 10 coppers, 2 jiao, $1 Taiyuan, 1928 (Pick S2367c, S2369b, S2644b, S2648a and S2651), good very fine to about uncirculated (5) HK$1,500-2,000

1134 Shansi Provincial Bank, 1 jiao (2), and 2 jiao (2), two of each denomination issued in both Taiyuan and Suiyuan, $1, Taiyuan all issued in 1940 (Pick S2654a, S2654d, S2655Aa, S2655Ad and S2657m), generally very fine (5) HK$2,000-2,500 257

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1135 Shansi Provincial Bank, $5, Taiyuan, 1933, $1 (3), Shansi, 1936 and $5, Shansi, 1937 (Pick S2675a, S2677 and S2679), the $1’s uncirculated and the $5 good fine and about uncirculated (5) HK$1,200-1,500

SHANTUNG EXCHANGE BUREAU

1136 Shantung Exchange Bureau, 50 copper coins, 1936, red serial number A 5991084 A, brown, locomotive at centre (Pick S2711a), very fine HK$800-1,000

1137 Shantung Exchange Bureau, a selection from the 1938 copper coins issue, 10 coppers (2), 20 coppers, 100 coppers (2) (Pick S2709, S2710, S2712 and S2713), generally good very fine (5) HK$1,200-1,500

SHANTUNG PROVINCIAL TREASURY

1138 Shantung Provincial Treasury, $1, $5 and $10, printed date 1926 but issued in 1927 (as per black overprint in Chinese at left), red serial numbers 0393391, 0157062 and 0183645, orange, green-blue and brown respectively all with farmer at right and Chinese tower at left, (Pick S2718, S2719 and S2720), uncirculated, rare in high grade (3) HK$7,000-9,000

1139 Shantung Provincial Treasury Notes, 1 yuan (2), red serial numbers 0349356/357, red and pale orange, temple at left, farmers at right, reverse brown, text, red seal at centre (PS 2718), PMG 55 and 65, EPQ (2) HK$5,000-7,000

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PROVINCIAL BANK OF SHANTUNG

1140 Shantung Provincial Treasury Notes, 5 yuan (2), red serial numbers 0181245/246, green and blue, temple at left, farmers at right, reverse green, text, red seal at centre (PS 2719), PMG 64, EPQ, a scarce consecutive pair (2) HK$8,000-10,000

1143 Provincial Bank of Shantung, specimen 2 jiao and 5 jiao, 1925, red serial numbers 000000, black and brown, lakeside scene at centre, multicoloured reverse (Pick S2755s and S2756s), uncirculated (2) HK$2,000-2,500

1141 Shantung Provincial Treasury Notes, 10 yuan (2), red serial numbers 0349356/357, dark and light brown, temple at left, farmers at right, reverse brown text, red seal at centre (PS 2720), PMG 64, EPQ, a scarce consecutive pair (2) HK$8,000-10,000

1144 Provincial Bank of Shantung, $1 and $5, 1925 overprint at the 1924 issue, $1 and $5, 1925 first regular issue and $1, $5 and $10 second regular issue (Pick S2745, S2746, S2751a, S2752a, S2757a, S2758a and S2759), generally good very fine, with S2759 being uncirculated with slight foxing (7) HK$1,500-1,800

SHANTUNG MIN SHENG BANK

1142 Shantung Min Sheng Bank, 1 jiao, 2 jiao and 5 jiao (1936), 5 jiao, $5 and $10 (1940 - 1943) (Pick S2731, S2732, S2733, S2740, S2742a and S2744), the $5 good fine and one of the 5 jiao some corrosion damage, the rest uncirculated (6) HK$1,000-1,500 259

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SUIYUAN PROVINCIAL BANK

1146 Suiyuan Provincial Bank, 10 coppers, 1927, red serial number 2038851, red at yellow, pavilion and trees at left (Pick S2787), about uncirculated, scarce HK$1,500-2,000

SZECHUAN PROVINCIAL BANK

1145 Provincial Bank of Shantung, 10 tiao or 500 copper coins, 1926, red serial number 0098697, red with multicoloured vignette at centre stating denomination, reverse red with a pai fang at centre (Pick S2764), also a Shantung Bank 1 chuan dated 1914 which Pick states as a modern fabrication (2) HK$1,200-1,500

1147 Szechuan Provincial Bank, selection of five notes, comrpising 1000 cash (2), both issued and remainder, 1924, $1, green and yellow, no date, $1 and $5 in vertical format, 1923 (Pick S2808, S2809, S2811 and S2812), the 1000 cash issued note and the 1923 $1, $5 scarce, generally very fine or better (5) HK$4,000-5,000 WWW.SPINK.COM

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1149 Szechuan Province, $1 and $5, Chungking, 1921, red serial numbers, blue and brown respectively (Pick S2827a and S2828a), about uncirculated and extremely fine (2) HK$1,500-1,800

SZE CHUEN CIN CHUEN YEN BANK

1150 Sze Chuen Cin Chuen Yen Bank, $1, 1915, purple serial number 07876, yellow with blue border, obverse and reverse images of the Yuan Shih Kai Dollar, countryside scene at reverse (Pick not listed), good very fine, rare HK$12,000-15,000

1148 Szechuan Provincial Bank, 50 cents, 1949, red serial number A0008623, red, hillside town scene, reverse red with picture of a ‘Da Han’ silver dollar, vertical format (Pick S2826), about uncirculated, scarce HK$1,200-1,500

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PROVINCIAL BANK OF THE THREE EASTERN PROVINCES

1151 Provincial Bank of the Three Eastern Provinces, 1 jiao and 2 jiao, 1915, black handstamped serial numbers 0492226 and 0996105 respectively, green and blue respectively with mountain scenes on right (Pick S2881 and S2882), uncirculated and scarce (2) HK$2,500-3,000

1152 Provincial Bank of the Three Eastern Provinces, 1, 5 and 10 dollars, 1917, Fengtien, red serial numbers, orange, blue and green respectively with Temple of Heaven on reverse (Pick S2897, S2898 and S2899), average very fine (3) HK$2,500-3,000

1153 Provincial Bank of the Three Eastern Provinces, 1 jiao, 1 January 1921, red serial number 126292, green with city gate on left, orange reverse (Pick S2922a), very fine HK$1,000-1,200

1154 Provincial Bank of the Three Eastern Provinces, specimen 1, 5 and 10 dollar, 1921, red serial numbers, Harbin issue, hole punch cancelled on issued notes, orange, green and purple respectively with city gate and official red four character stamp at centre (Pick S2927s, S2928s, S2929s), uncirculated and scarce (3) HK$3,000-4,000 WWW.SPINK.COM

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1158 Provincial Bank of the Three Eastern Provinces, 10 dollars, 1922, Fengtien issue, red serial number TP892637, green on white, Temple of Heaven on reverse (Pick S29238), pressed very fine HK$800-1,000

1155 Provincial Bank of the Three Eastern Provinces, 10 dollar ‘Specimen’, 1921, Harbin issue, red serial number 000000, purple with city gate at centre, ‘Specimen’ in English printed in red (Pick S2929s), uncirculated and scarce HK$1,200-1,500

1159 Provincial Bank of the Three Eastern Provinces, 5 fen (2), and 1 jiao, 1923, red serial numbers, blueyellow and brown-green respectively, entrance to city gate on left, The 5 fen notes are slightly different in their underlying yellow colour and there is noticeable difference in the size of the serial numbers, a difference not noted in the Pick catalogue (Pick S2940a and S2941a), the 5 fen notes uncirculated and the 1 jiao good very fine (3) HK$1,800-2,200

1156 Provincial Bank of the Three Eastern Provinces, 1 dollar, 1921, Harbin issue, black serial number E245547, orange with city gate and official red 4 character stamp at centre (Pick S2927b), uncirculated and scarce HK$2,000-2,500

1160 Provincial Bank of the Three Eastern Provinces, 5 and 10 dollars, 1924, blue serial numbers, green and brown respectively on multicoloured underprint, stone monument at centre (Pick S29252a and S2953a), uncirculated and pressed extremely fine (2) HK$1,200-1,500

1157 Provincial Bank of the Three Eastern Provinces, 10 dollars, 1921, Harbin issue, red serial number D129275, purple with city gate and official red 4 character stamp at centre (Pick S29279b), pressed very fine, scarce HK$1,500-1,800

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1161 Provincial Bank of the Three Eastern Provinces, 50 dollars, 1924, red serial number L711644F, dark green on multicoloured underprint, stone monument at centre, reverse brown (Pick S2954), uncirculated HK$1,500-2,000

1162 Provincial Bank of the Three Eastern Provinces, 100 dollars, 1924, red serial number C312476N, violet on multicoloured underprint, stone monument at centre, reverse black (Pick S2955), uncirculated HK$2,000-2,500

1163 Provincial Bank of the Three Eastern Provinces, 1 and 5 jiao, 1929, Mukden, red serial numbers, green and blue respectively with Chinese buildings at centre (Pick S2959 and S2961), the 1 jiao extremely fine with slight mounting traces on the reverse and the 5 jiao good fine (2) HK$800-1,000

1164 Provincial Bank of the Three Eastern Provinces, 1 yuan, two part uniface ‘Specimen’, 1929, Three Eastern Provinces, red serial number 000000, black on multicoloured underprint, Chinese building by lake at centre with ‘Specimen’ in English and Chinese printed in red (Pick S2962s1), uncirculated (2) HK$1,200-1,500

1165 Provincial Bank of the Three Eastern Provinces, 10 yuan, 1929, Three Eastern Provinces, red serial number A561116A, green on multicoloured underprint, Chinese building by lake at centre, reverse green (Pick S2964a), uncirculated HK$1,500-1,800

1166 Provincial Bank of the Three Eastern Provinces, 5 yuan, two part uniface ‘Specimen’, 1929, Three Eastern Provinces, red serial number 000000, brown on multicoloured underprint, Chinese building by lake at centre with ‘Specimen’ in English and Chinese printed in red (Pick S2963s1), uncirculated (2) HK$1,200-1,500

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PROVINCIAL BANK OF HONAN

1167 Provincial Bank of Honan, 1 dollar, 1918, red serial number 290998, blue, Yue Fei at centre, multicoloured vignette on reverse (Pick S2981), very good HK$800-1,000

YUNNAN FU-TIEN BANK

NEW FU-TIEN BANK

1168 The New Fu-Tien Bank, $1, 1929, red serial number V 778026, blue and multicoloured, horse, cockerel and globes top cenntre, also 45, red serial number J 567840, brown and multicoloured, $10, red serial number G 561982, purple and multicoloured and 50 cents, 1933 (Pick S2996a, 2297a, 2998, 3004), extremely fine (4) HK$1,500-2,500

1169 Yunnan Fu-Tien Bank, $50, 1913, serial number 50949, multicoloured, flags, city view in green underprint at centre, reverse pink-red and white (Pick S3009B), very fine for type, rare HK$3,000-4,000

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FU-TIEN BANK

1170 The Fu-Tien Bank, 20 cents, black and white, half dollar, green, ND (1921), (Pick S3012, 3013, extremely fine (2) HK$1,000-1,200

YUNNAN FU-TIEN BANK

1171 The Fu-Tien Bank, a specimen $5, purple and a specimen $10, orange, both ND (1921), both red zero serial numbers, horse, cockerel and globe at centre (Pick S3015s, 3016s), perforated, uncirculated and scarce (2) HK$2,000-2,500

1172 The Fu-Tien Bank, $50, ND (1921), red serial numbers 044153, dark blue-grey and multicoloureds, horse, cockerel and globe at centre (Pick S3017), almost extremely fine and rare HK$3,000-4,000

1173 Yunnan Fu-Tien Bank, $5 (2), 1929, blue and pale salmon, red serial numbers, reverse red and pink, value (Pick S 3023D), one example with double print of Chinese letters in left and right field, very fine, other example extremely fine (2) HK$2,500-3,500

1174 Yunnan Fu-Tien Bank, $10, 1927, black serial number 869845 blue and pale green, crossed flags top centre, red seals at left and right, reverse brown, value and text (Pick S 3023), good extremely fine and scarce HK$3,000-4,000

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YUNNAN POVINCIAL BANK

TUNG WAI BANK

1176 Tung Wai Bank, $1, red serial number 09857, Chinkiang, 1 November 1912, green, bats and globe at top centre, value at centre and each corner, reverse purple and green, bats, blobe and pagoda, also $5, red serial number 08405, pale blue, green and yellow, bats and globe, reverse green and pale yellow, bats, globe and pagoda (Smith Matravers C31-1, C31-2), extremely fine and scarce (2) HK$8,000-10,000

MERCANTILE BANK OF INDIA LIMITED

1175 Yunnan Provincial Bank, 1 silver yuan, 1949, red serial number YG 0003202, red and pale blue, also Provincial Bank of Yunnan, $5 and $10, 1949, Kunming Branch cashiers check isues (Pick S3024, 3031, 3031A), extremely fine (3) HK$1,500-2,000

1177 Mercantile Bank of India Limited, $1, Shanghai, 1 July 1924, serial number 010689, black, green and pale orange, boat and pagoda on island at centre, reverse red, head of Mercury at centre (Pick S446), very fine and scarce HK$4,000-4,500

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SINO-SCANDINAVIAN BANK

1178 Mercantile Bank of India Limited, $10, Shanghai, 1 July 1916, serial number 46004, orange-brown, boat, bridge and pagoda and mountainous landscape at centre, one manuscript and one printed signature below, reverse red, head of Mercury at centre (Pick S446), a pleasing very fine and rare HK$10,000-15,000

1180 The Sino-Scandinavian Bank, $10, 1922, Yungchi currency, red serial number C0027651, blue, Summer Palace at centre (Pick S590B), good extremely fine HK$600-800

PEI HAI BANK OF CHINA CHINESE ITALIAN BANKING CORPORATION

1179 The Chinese Italian Banking Corporation, set of four from 1 yuan to 50 yuan, September 1921, green, brown, blue and dark green respectively, Chinese bridge and pavilion at centre (Pick S253 to S256, Giulianini-Crapanzano OI 445, 46, 47, 48), uncirculated (4) HK$5,000-7,000

1181 Pei Hai Bank of China, 2 yuan, 1945, Shantung, blue serial number 1967936, red, shrine at left (Pick S3578A), uncirculated HK$800-1,000

INNER MONGOLIA PEOPLES BANK

1182 Inner Mongolia Peoples Bank, 2000 yuan, 1948, Inner Mongolia, blue serial number 351387, violet, sheep herding scene at left, Mongolian script at reverse (Pick S3498), about very fine, scarce HK$2,000-2,500

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LEE SANG COCOON HONG

PEOPLES BANK OF CHINA, KIANGSI

1183 Lee Sang Cocoon Hong, 1 yuan, red, 5 yuan, violet and 10 yuan, blue, all 1940, red serial numbers, silk harvesting scenes extremely fine and rare (3) HK$3,000-4,000

1185 People’s Bank of China, Kiangsi, 20 cents, 1949, red serial number 104915, blue and white, reverse blue and white, text (Pick 825), good very fine and rare HK$2,500-3,000

1184 A group of notes, including 1 fen, 5 fen, 2 jiao and 5 jiao from ‘the Hainan Bank’ 1949, 50 cents from the ‘Silk Factory Corporative Society’, 1940, 2 tiao from ‘Tai Lai Zhan’, 1928, very fine to uncirculated (7) HK$800-1,000 269

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JAPANESE MILITARY CURRENCY

1188 Bank of Chosen, Korea, 100 yen, ND (1914), red serial number 000012, series 4, blue and pale yellow, the God of Fortune at right, reverse mauve and pale orange-yellow (Pick 16A), good very fine, rare and a very low serial number HK$6,000-8,000

MONGOLIAN STATE TREASURY

1186 Japanese Military Currency, 10 sen, 1918, no serial numbers, black on ochre, dragons and phoenixes with Russian overprint, issued for use during the Japanese occupation of Siberia (Pick M13), good very fine, scarce HK$1,000-1,500

KOREA

1189 Mongolian State Treasury, $3, 1924, black serial number 0046977, brown and multicolour, ornate leaf design in field, reverse green and multicolour (Pick 3), tight margin at right and slight mounting traces otherwise about uncirculated and rare HK$15,000-20,000

1187 Bank of Korea, 10 yen, 1909 (1911), red serial numbers, green, house at right, plum blosson top centre, reverse purple-brown, value and bank title (Pick 15), almost very fine and rare HK$8,000-10,000 WWW.SPINK.COM

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OTHER PROPERTIES CHINA MING DYNASTY

1190 Ming Dynasty, Da Ming Bao Chao, 1 kuan, (1368-1399), black text on grey mulberry bark, red seals at centre, 10 strings of cash coins at centre (Pick AA10, Smith Matravers T36-20 for type), an above average example of this iconic banknote, a pleasing very fine thus above average for type HK$25,000-35,000

1191 Ming Dynasty, Da Ming Bao Chao, 1 kuan, (1368-1399), black text on grey mulberry bark, red seals at centre, 10 strings of cash coins at centre (Pick AA10, Smith Matravers T36-20 for type), an above average example of this iconic banknote, a pleasing very fine, rare in this grade. Also in the lot a letter dated 23/XII 23 and with ‘given me by a Chinese General in Harbin’ in text!

HK$35,000-45,000

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1193 Ming Dynasty, Da Ming Bao Chao, 1 kuan, (13681399), black text on grey mulberry bark, red seals at centre, 10 strings of cash coins at centre (Pick AA10, Smith Matravers T36-20 for type), slight damage at top left otherwise an above average example of this iconic banknote, a pleasing very fine thus above average for type HK$25,000-35,000

1192 Ming Dynasty, Da Ming Bao Chao, 1 kuan, (13681399), black text on grey mulberry bark, red seals at centre, 10 strings of cash coins at centre (Pick AA10, Smith Matravers T36-20 for type), damage to right hand margin otherwise an above average example of this iconic banknote and ‘the world’s earliest paper money’ HK$10,000-14,000

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QING DYNASTY

1194 Qing Dynasty, Da Qing bao Chao, 500 cash, 6th Year of Xianfeng (1856), Sheng prefix, multiple chopmarks including a black ‘changed to issued in Shangdong’ over a red Kirin chopmark top right, The red Shangdong chopmark is also replaced at top left, At low right the square chopmark states ‘Yu Qian Official Currency Bureau’ with its address in Peking.

During this period four other official currency bureaus also issued Qing notes and these were Yu Sheng, Yu Qing, Yu Heng and Yu Tai, the Yu Sheng is most commonly seen whilst the others are all scarce to extremely rare (Pick A1d), very fine and extremely rare HK$50,000-60,000

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1196 Qing Dynasty, 1000 cash, year 4 (1854), blue and white, three red chops in field, reverse various chops and annotations (Pick A2b), low left corner slight damage, good fine HK$4,000-6,000

1195 Qing Dynasty, 500 cash, year 7 (1857), blue text on cream parchment like paper, two red seals on face (Pick A1), extremely fine and scarce in this grade HK$6,000-8,000

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1197 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 (PA 2e), PMG 58 choice about uncirculated HK$7,500-9,000

1198 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 (PA 2e), PMG 55 about uncirculated HK$7,500-9,000

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1199 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 (PA 2e), PMG 55 about uncirculated HK$7,500-9,000

1200 Qing Dynasty, Da Qing Bao Chao, 7th Year of Xianfeng (1857), 1000 cash, serial number ‘Bian’ prefix 235, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA 2e), PMG 64 choice uncirculated HK$9,000-10,000

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1201 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 (PA 2e), PMG 64 choice uncirculated HK$9,000-10,000

1202 Qing Dynasty, Da Qing Bao Chao, 7th Year of Xianfeng (1857), 1000 cash, serial number ‘Bian’ prefix 237, blue and white, dragons in top field, two red chop marks, merchant stamps and brush writing on reverse (PA 2e), PMG 64 choice uncirculated HK$9,000-10,000

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1203 Qing Dynasty, Da Qing Bao Chao, 7th 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 (PA 2e), PMG 58 choice about uncirculated HK$7,500-9,000

1204 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 (PA 2e), PMG 53 about uncirculated HK$7,000-9,000

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1205 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 (PA 2e), PMG 53 about uncirculated HK$7,000-8,500

1206 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 (PA 2e), PMG 53 about uncirculated HK$7,000-8,500

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HUPEH GOVERNMENT BANK

1207 Qing Dynasty, Da Qing Bao Chao, 1000 cash, blue and white, two red seals (Pick A2), margins a little untidy thus fine HK$2,000-3,000

1208 Hupeh Government Bank, specimen 1000 cash, no serial numbers or date, issued in the Guangxu era, ND (1896), pale blue green text on cream paper, dragons top centre, bold black text at centre, chinese text on reverse, (Pick S2081s), extremely fine HK$8,000-10,000

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IMPERIAL BANK OF CHINA

1209 Imperial Bank of China, a large format proof of an obverse $1, Shanghai, 2 January 1898, pink-red and pale orange-yellow, seal flanked by dragons top centre, value top left and right, value at centre and at each corner (Pick A51 for type), a Barclay & Fry engraving, good extremely fine and rare HK$6,000-8,000

1210 Imperial Bank of China, 5 mace, Peking, 14 November 1898, serial number 0306, blue, pale orange and red, seal flanked by dragons top centre, Maitland signature, reverse as obversee but Chinese text (Pick A39a), crease at centre otherwise anout very fine and scarce HK$8,000-10,000

1211 Imperial Bank of China, 5 mace, Peking, 14 November 1898, serial number 16452, blue and pale pink-brown, dragons and seal in red top centre, value in red at centre, printed signature of Maitland low right, English text, reverse red and pink-brown, blue border around, Chinese text (Pick A 39a), original, very fine to good very fine, scarce HK$10,000-15,000

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1212 Imperial Bank of China, 10 taels, Peking, 14 November 1898, serial number 2677, blue and pale pink-brown, dragons and seal in red top centre, value in red at centre, printed signature of Maitland low right, English text, reverse red and pink-brown, blue border around, Chinese text (Pick A 42a), original, almost very fine, very rare HK$80,000-100,000

WAN I CHUAN

SIN CHUN BANK OF CHINA

1213 Wan I Chuan, unissued $5, guangxu era (ca 1906), orange and white, reverse mauve, five Pei Yang silver dollars at centre (Pick unlisted), good extremely fine HK$2,000-3,000

1214 The Sin Chun Bank of China, unissued $10, Shanghai, 1907, black, pink, pale blue, bank building at left, Mandarin official at right, dragons top centre, reverse pink-blue and pale pink, dragons top centre (Pick unlisted), good very fine and rare HK$15,000-20,000 283

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SHUN YEE SAVINGS BANK

AGRICULTURAL AND INDUSTRIAL BANK

1215 The Shun Yee Saving Bank, Hankow Ho-kai, $1, ND, manuscript serial number U 0503, plum red and green, dragon in left and right field, value at each corner, reverse yellow, text, red chop at right good very fine and very rare HK$20,000-25,000

1216 The Shun Yee Saving Bank, Hankow Ho-kai, $1, ND, manuscript serial number g 0292, plum red and green, dragon in left and right field, value at each corner, reverse yellow, text, red chop at right good very fine and very rare HK$20,000-25,000

1217 Agricultural and Industrial Bank, specimen 1 yuan, Peking, 1 September 1927, red zero serial numbers, brown-purple and multicoloured, the Great Wall at centre, reverse purple-brown, value at centre (Pick A95s), handstamp, perforated, good very fine HK$5,000-6,000

COMMERCIAL BANK OF CHINA

1218 Commercial Bank of China, $1, 1929, red serial number I 158814, black and green, Confucius at right, reverse green and black, lions and seal, SHANGHAI handstamp low centre (Pick 11a), in PMG holder 35, choice very fine, EPQ, scarce HK$2,000-3,000

TA-CHING GOVERNMENT BANK

1219 Ta-Ching Government Bank, proof $10, ND (1910), black and white, Prince Chun at left, dragon and boats at centre, Great Wall at right, reverse blue amd pale yellow, value (Pick A8a for type), about extremely fine, attractive and very rare HK$20,000-30,000 WWW.SPINK.COM

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BANK OF CHINA

1220 Bank of China, $1, Szechuan, 1 June 1912, red serial numbers D 747633, green, white and multicoloured, Emperor Hung-Ti at left, houses on hillside and locomotive at right, red Chinese value in red oval frame at left and right, reverse green, avenue of warer and trees, black ‘SZECHUAN-One dollar’ overstamp low centre (Pick 25q), an original fine and a rare type HK$40,000-50,000

1221 Bank of China, $10, Canton, 1 June 1912, red serial number F080590, blue and multicoloured, Emperor Huang-Ti at left, house at right, reverse blue and white, fortress at centre, CANTON at low centre, value at left and right (Pick 27b), a lovely fresh and bright example, almost extremely fine and Canton issue rare, an exceptional note HK$30,000-40,000 285

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1222 Bank of China, specimen 5 fen, Harbin, ND (1918), red zero serial numbers, blue and pink, reverse dark blue, printed signatures of Chen and Feng (Pick 46s), perforated, uncirculated and rare HK$4,500-6,500

1223 Bank of China, obverse and reverse proof 10 yuan on card, Shantung, September 1918, no serial numbers, brown, temple entrance at centre, value at left and right, reverse brown, value at left and right (Pick 53n for type), an ABNC engraving, extremely fine and scarce HK$1,500-1,800

1224 Bank of China, 1 yuan (2), Tientsin, 1935, 5 yuan, 1937, 10 yuan (2), 1937 (Pick 76, 80, 81), all in PMG holders 64, 58, 55, 64, 58 respectively (5) HK$1,200-1,600

1225 Bank of China, an obverse and reverse partially hand executed 10 cents, Shanghai, 1 July 1929, red serial number A 000000, green, gateway at right, also a copy of an obverse and reverse essay 20 and 50 cents of 1929 (Pick unrecorded), unique (6) HK$5,000-6,000

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1226 Bank of China, an obverse and reverse partially hand executed essay for a proposed issue of 1 yuan, blue, 5 yuan, green, 10 yuan, red, all Shanghai, 1929, all Sun Yat Sen at right (Pick unrecorded), unique (6) HK$10,000-15,000

1227 Bank of China, an obverse and reverse partially hand executed essay for a proposed issue of 50 yuan, mauve and multicoloured, Sun Yat Sen at right, pagoda at centre, reverse mauve, temple at centre (Pick unrecorded), unique (2) HK$7,000-9,000

1228 Bank of China, an obverse and reverse partially hand executed essay for a proposed issue of 100 yuan, blue and multicoloured, Sun Yat Sen at right, temple at centre, reverse blue, fortified gatehouse (Pick unrecorded), unique (2) HK$7,000-9,000

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A UNIQUE BANK OF CHINA ESSAY FOR A 1 YUAN OF 1931

1229 Bank of China, a hand executed composite on board for a proposed issue for 1 yuan, Tientsin, 1931, uniface, blue and multicoloured, mountains and plateaus excavated for cultivation at centre right, value at each corner (Pick unrecorded), unique HK$250,000-350,000

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1233 Bank of China, specimen 5 yuan (5), Tientsin, 1931, red, Shantung, 1934, green, no place name, 1935, black, Shanghai, 1935, black and 1937, liac, the last three with Sun Yat Sen portrait (Pick 70bs, 72as, 77bs, 77as, 80s), all red De la Rue oval stamp, mounting traces, good extremely fine and rare (5) HK$8,000-12,000

1230 Bank of China, colour trial 5 yuan, Tientsin, January 1931, red serial number G 000000, green, the Temple of Heaven at centre, reverse green, bank head office at centre, also a specimen 5 yuan of the same type but in the normal colour of red (Pick 70bct, 70bs), mounting traces otherwise uncirculated and the colour trial very rare (2) HK$6,000-8,000

1231 Bank of China, specimen 10 yuan (3), Tientsin, 1934, green, Shantung, 1935, brown, 1937, no place name, green (Pick 73s, 75s, 81s), all red De la Rue oval stamp, mounting traces, good extremely fine and rare (3) HK$5,000-8,000

1232 Bank of China, specimen 1 yuan (4), Shantung, 1934, orange, Tientsin, 1935, brown, 1936, no place name, green and 1937, blue (Pick 71s, 76s, 78s, 80s), mounting traces especially on the reverse of the 1 yuan of 1937, good extremely fine and rare (4) HK$6,000-8,000

1234 Bank of China, specimen 10 cents, 1941, green and specimen 20 cents, 1941, red, both the Temple of Heaven at centre serial numbers in black 2A 000000 and 3B 000000 respectively (Pick 89s, 90s), black SPECIMEN overprint, good extremely fine and rare (2) HK$6,000-8,000 289

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1235 Bank of China, specimen uniface 20 cents, 1941, black serial number A 000000, red and pale orangeyellow, the Temple of Heaven top centre (Pick 90s), black SPECIMEN overstamp, uncirculated and scarce HK$1,000-1,500

1236 Bank of China, 5 yuan, 1941, red serial number B 646740, blue, house at right (Pick 93), in PMG holder 64, choice uncirculated HK$3,000-4,000

1237 Bank of China, 10 yuan, 1941, blue serial number A 975835, red and multicoloured, Sun Yat Sen at centre (Pick 95), in PMG holder 64, choice uncirculated HK$2,000-2,500

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BANK OF COMMUNICATIONS

1238 Bank of Communications, 50 yuan, Peking, 1 October 1914, blue serial number 018741, orange and multicoloured, trains at centre, reverse orange, ship at centre (Pick 119f), black SPECIMEN overprint, perforated, good extremely fine and rare HK$3,000-4,000

1241 Bank of Communications, 5 yuan, 1935, 10 yuan (2), 1935 (Pick 154a, 155), in PMG holders 64, 55 and 55EPQ (3) HK$1,000-1,200

1242 Bank of Communications, specimen 1 yuan, Shanghai, 1 November 1927, red zero serial numbers, blue and multicoloured, train at centre, reverse blue, value (Pick 145As), perforated, red SPECIMEN overprint, uncirculated, scarce HK$2,000-2,500

1239 Bank of Communications, 1 yuan, 1 July 1919, red serial number 0489171, blue and white, tents and a hillside, reverse brown and green-blue, value at centre, HARBIN low centre (Pick 125a), uncirculated, fresh and attractive, rare in this grade HK$2,500-3,000

1243 Bank of Communications, a group of notes (16), including a 5 yuan, Shanghai, 1914, dark brown, locomotive at centre, 10 yuan, Shanghai, 1, 5 and 10 yuan, 1931-1935, 5 and 10 (2) yuan, 1941, 50 and 100 yuan, 1941, also Bank of China (5) and a Bank of China 1 yuan, Tientsin, 1918 (Pick 117n, 118o, 161b, 162b, 51q), mixed, the first note extremely fine (16) HK$1,000-1,200

1240 Bank of Communications, 1 yuan, Shanghai, 1935, serial number C 445840, red, running horse at centre, black Chinese obverprint in field, reverse red, bank building at right and overprint ‘ISSUED BY BANK OF COMMUNICATIONS NOV.1935’ in left field (Pick 152), about uncirculated, scarce HK$2,000-2,400

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CENTRAL BANK OF CHINA

1244 Central Bank of China, 5 cents overprinted on 10 coppers (9), 1928, seven of the nine notes consecutive numbers E200252-E200251, violet and green, Chinese pagoda on left, red Chinese overprint ‘Legal tender for circulation in Szechuan Province’ at centre, reverse grey and pink, value at centre (Pick 167b), uncirculated (9) HK$3,500-4,000

1245 Central Bank of China, a selection comprising $50, 1928 (Pick 198c), 10 yuan, 1936 (Pick 214a), 2 and 5 yuan of 1941 (Pick 231, 235), 500 customs gold units of 1947 (Pick 334), also Central Reserve Bank 1 yuan, 1940 (Pick J9c), and Central Bank of Manchukuo 10 yuan (2) (Pick J132b, J137c), all in PMG holders, 58, 55, 64, 58, 64, 58, 58, 58 (8) HK$2,500-3,000

1246 Central Bank of China, 1 yuan, 1936, red-orange, 10 yuan, 1937, blue and multicoloured, Sun Yat Sen at left, urn at right, 50 yuan, 1941, green, building at right (Pick 210, 223b, 242a), all in PMG holders, 64, 58 and 58 respectively (3) HK$2,500-3,500

1247 Central Bank of China, 10 yuan, ND 919360, prefix F/K, blue, Sun Yat Sen at left, red Tibetan overprint on obverse, reverse, blue, black Tibetan overprint, signature 6 (Pick 218f var.), about extremely fine HK$1,500-2,000

1248 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) HK$1,200-1,400

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1249 Central Bank of China, 100 yuan (2), 1942, red serial numbers, red, pai fang at centre, reverse blue, also Provincial Bank of Shantung, Shantung, 5 yuan, 1925, blue, monument at centre, reverse blue, (Pick 249a, Pick S 2751a uncirculated (3) HK$1,500-2,000

1250 Central Bank of China, 500 yuan, 1945, red serial number AG 538727, brown, P’ai-lou gate at right (Pick 285), uncirculated, scarce HK$1,000-1,200

1252 Central Bank of China, specimen 1 yuan, 5 yuan and 10 yuan, all 1936, specimen 50 yuan and 500 yuan, both 1944, all Sun Yat Sen portrait (Pick 212s, 213s, 214s, 255s, 264s), mounting traces, good extremely fine and rare (5) HK$7,000-9,000

1253 Central Bank of China, specimen 10 cents, brown and specimen 20 cents, orange, both 1946, Chiang Kai Shek at right, also a specimen 10000 yuan, 1947, red, Sun Yat Sen at centre, also a specimen 50000 gold yuan, 1949, pale pink-red, Chiang Kai Shek at centre (Pick 395s, 396s, 317s, 420s), mounting traces, the last two notes perforated CANCELLED, extremely fine and rare (4) HK$15,000-20,000

1251 Central Bank of China, obverse and reverse uniface specimen 2 yuan, 1941, red zero serial numbers, blue and multicoloured, Sun Yat Sen at left, reverse blue, trees at centre, also specimen 10 yuan, 1942, red serial number XZ 000000, blue, Sun Yat Sen bugler and Great Wall on reverse (Pick 231s, 245s), mounting traces, good extremely fine and rare (2) HK$3,000-3,500

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1254 Central Bank of China, 1 million yuan, 1949, red serial number 898185, brown, Chiang Kai Shek at right, reverse brown, bridge (Pick 426), a Chung Hwa Book Co. Ltd engraving, uncirculated, scarce HK$1,000-1,200

1255 Central Bank of China, 5 million yuan, 1949, red serial number 060859, red, Chiang Kai Shek at right, reverse red, building at centre (Pick 427), a Chung Hwa Book Co. Ltd engraving, uncirculated, rare HK$4,500-5,500

1256 Central Bank of China, 5 million yuan, 1949, red serial number 526805, red, Sun Yat Sen at right (Pick 427), good extremely fine and rare HK$18,000-24,000

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1259 Central Bank of China, a group of notes (51), including 10 cents, 1924, signature 1, 50 cents, 1941, $1, $5, $50, 1928, 25 cents, 1931, 100 yuan, 1936, 100 yuan, 1942, signature 7, 400 yuan, 1945, red, Sun Yat Sen at left (Pick 193a, 205, 195c, 197h, 198f, 204, 220a, 249a, 280, mixed, many extremely fine or better (51) HK$2,000-2,500

1260 A selection of Central Bank of China issues, (8), including a 10 yuan with Tibet overprint, Farmers Bank (2), Bank of Shansi, Charhar and Hopei 500 yuan, Hainan Bank (2), Kiangsu Farmers Bank, Provincial Bank of Chihli (2), Provincial Bank of Kwangsi mixed grades (19) HK$800-1,200

FARMERS BANK OF CHINA 1257 Central Bank of China, 2000 Gold Custom Units, Shanghai, 1947, blue serial number Z 888888, red, Sun Yat Sen at top centre, reverse red (Pick 340), very fine, a superb number!

HK$15,000-18,000

1261 Farmers Bank of China, specimen 50 cents, ND (1936), serial number EV 000000, blue, agricultural scenes at left and right, also a specimen obverse and reverse 10 yuan, ND (1940), red serial number W 000000, blue, Sun Yat Sen at left, reverse blue, cow at right (Pick 460s, 475s), hand stamped date ‘25 NOV 1940’ on second note, good extremely fine, rare (3) HK$3,000-4,000

1258 Central Bank of China, 100, 1000 and 2000 yuan, 1945 (Pick 379, 382b, 383), good extremely fine (3) HK$800-1,000 295

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1262 Farmers Bank of China, 20 yuan, ND (1940), red serial numbers F 090168, blue, house, workers by a river, reverse blue (Pick 465), uncirculated HK$1,000-1,200

LAND BANK OF CHINA

1263 Land Bank of China Limited, 1 yuan, Shanghai, 1 June 1926, red serial number 628273, purple and pale green, buildings, pagodas and mountains, value at each corner, reverse purple and pale green, mountains and coastline at left, value at right, A in right field (Pick 501a), an original and attractive good very fine and scarce in this conditioin HK$5,000-7,000

1264 Land Bank of China Limited, specimen 1 yuan, no place name, 1 June 1926, red serial number blocked out, purple, pale green and pink, pagoda and mountains at left and right, waterside house at centre, reverse purple, sea and mountains at left, value at right and at each corner, two printed signatures below (Pick 502s), red SPECIMEN overprint, perforated, black handstamp 179 in field, extremely fine and rare HK$5,000-7,000

1265 Land Bank of China Limited, 1 yuan, Shanghai, 1 June 1931, red serial number B77809E, purple, pale green and pink, pagoda and mountains at left and right, waterside house at centre, reverse purple, sea and mountains at left, value at right and at each corner, two printed signatures below (Pick 504), good very fine and scarce HK$2,500-3,000

1266 Land Bank of China Limited, colour trial 10 yuan, 1 June 1926, orange-red and lilac, pagoda and mountains at left and right, waterside house at centre, reverse orange-red, water and hillside at left, value and sunburst at right, value at each corner (PS 503ct), blue WATERLOW overprint, perforated, uncirculated, attractive and rare HK$6,000-8,000 WWW.SPINK.COM

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NINGPO COMMERCIAL BANK

1268 Ningpo Commercial Bank, an obverse uniface specimen for a $1, Shanghai, type of 1925, brown and pale blue, mountains at centre, value at left and right, (Pick 546s), small perforations, large repaired tear at centre right from top margin to centre of notes, other elements about extremely fine, rare HK$8,000-10,000

1267 Ningpo Commercial Bank, an obverse proof $10, 1920, green and multicoloured, bank building at centre (Pick 542pr), extremely fine and scarce HK$1,500-1,800

1269 Ningpo Commercial Bank, a set comprising and obverse and reverse uniface $1, Shanghai, 1 September 1925, red and pale blue, bank building at centre, reverse red, blue and green, value at centre, also a specimen $5, green, a specimen $10, blue, mountains at centre and a specimen $100, brown-purple and blue, mountains at centre, the $5, 10 and 100 are two sided notes, all are Shanghai, 1 September 1925, the last three with urn at centre on reverse (Pick 545s, 547A, 548A, 548B), extremely fine, the $5, 10 and 100 are perforated MUSTER, an attractive Giesecke & Devrient engraving, very rare (4) HK$60,000-70,000 297

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MARKET STABILISATION BUREAU

1270 Market Stabilisation Bureau, 50 coppers, 1915, red serial number B 149092, pink-red and green, pagoda on hillside at left, the Temple of Heaven at right, reverse blue, pagoda at centre on hillside (Pick 602h), good very fine and original HK$800-1,000

CENTRAL BANK OF CHINA

1273 Central Bank of China, $1, Swatow, 1923, red serial number A 539444, green and multicoloured, Sun Yat Sen at centre, reverse blue, Swatow handstamp (Pick 171e), also Bank of China 10 yuan, 1940, Bank of Communications, 5 yuan, 1941, Farmers Bank 10 cents in blue, Kwangtung 20 cents, 1922, Mengchiang 1 chiao, 1940 (Pick j101a), Amoy Industrial Bank copies (3), Peoples Bank, 1 fen (2), 2 fen (2) and 5 fen (Pick 860a, b, 861a, b, 862b), Central Bank 5000 yuan, 1945 (Pick 306) and Central Bank 10 yuan, 1937 (Pick 223a), mixed but generally good condition (17) HK$1,500-2,000

1271 Interest Bearing Circulating Notes, 2 jiao, 1923, 5 yuan, 1924, 10 yuan, 1922 and a 5 yuan, 1920 (Pick 617a, 642, -, 628b), generally extremely fine (4) HK$600-800 1274 Bank of Communications, 10 yuan, 1941, brown, Farmers Bank, 10 yuan, 1935, purple, Ministry of Communications, Peking-Hankow railway, $10, blue and white, Market Stabilisation Currency Bureau, 50 coppers, Peking, 1915, red serial number A 1832 61, red and green, 10 cents, Peking, 1923, blue, also a Kwantung Provincial Bank, 100 yuan, 1949, red and a copy of an Amoy Industrial Bank 50 cents, 1940 (Pick 159, 459, 590, 602k, 616a, PS 2459, PS 1658), almost uncirculated to uncirculated (7) HK$1,200-1,400

BANK OF COMMUNICATIONS

1272 Bank of Communications, a consecutive pair of 5 yuan, Shanghai, 1914, a pair of consecutive 10 yuan (2), 1935, Bank of China 1 yuan, 1918, 1 yuan (2), 1936 and 1936 and a 10 yuan, 1934 (Pick 117, 155, 51m76, 78, 73), generally extremely fine to uncirculated (8) HK$2,500-3,000 WWW.SPINK.COM

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BANK OF TAIWAN

1275 Central Bank of China/Bank of Communications/Bank of China, a miscellaneous group comprising Customs Gold units and various inflationary issues, of note 20 fen, 1930, Foreign Exchange certificate for 100 yuan, 1988, Bank of Communications 1 yuan, 1914 generally very fine, mostly better (47) HK$2,000-3,000

1276 Bank of Taiwan, $1, 1895, serial number 500, blue text on cream paper, various red seals and chops (Pick 1904b), spindle hole top centre otherwise very fine and a ‘good’ number HK$12,000-15,000

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1277 Bank of Taiwan, 1 yen in gold, ND (1904), serial numbers in red, pale yellow-brown and black, onagadori cockerels top centre, dragons at centre, reverse purple, value and bank title (Pick 1911), about uncirculated thus scarce HK$2,000-2,400

1279 Bank of Taiwan, Matsu Branch, 1 yuan, 1954, 5, 1955, 10, 1950, and 50 yuan, 1951, all vertical format with Sun Yat Sen top centre, branch name in red low left and right (Pick R 119, 121, 117, 118), generally extremely fine, scarce (4) HK$9,000-10,000

1278 Bank of Taiwan Limited, 5 yen, ND (1914), maroon serial number 816714, series 7, grey, pale lilac and orange, temple and stairway at right, reverse lilac and green, lighthouse at centre (Pick 1922), almost extremely fine and scarce, a pleasing note HK$3,000-3,500 WWW.SPINK.COM

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1281 Bank of Taiwan, a miscellaneous group (17), 19491966, generally extremely fine (17) HK$1,200-1,600

CHANGSHA BANK

1282 Changsha Bank, an obverse uniface proof for a 10 yuan, ND (type of 1928), brown and multicoloured, bank building at cenntre, value at left and right, also an obverse proof for the Kirin Yung Heng Provincial Bank, 1 yuan, red-orange, building at centre, value at left and right, (PS 1953pr1051pr), extremely fine, scarce (2) HK$1,500-2,000

1280 Bank of Taiwan, Kinmen (Quemoy) Branch, 1, 1949, 5, 1966, 10, 1950, and 50 yuan, 1951, all vertical format with Sun Yat Sen top centre, branch name in red low left and right (Pick R 101, 109, 105, 107), generally extremely fine, scarce (4) HK$9,000-10,000

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YUNG HENG PROVINCIAL BANK OF KIRIN

1283 Yung Heng Provincial Bank of Kirin, 1 tiao, 19161917, black and white with red seals, dragons top left and right, also Yung Heng Provincial Bank of Kirin, 5 tiao, 1917-1918, green and white with red seals (Pick S981a, S985), both in PMG holder 20, very fine (2) HK$1,000-1,200

1284 Yung Heng Provincial Bank of Kirin, 10 tiao, 1928, orange and white, reverse green and blue, also 100 tiao, pale red and white, reverse green, building low centre (PS 1080, 1081A), various chops, good very fine (2) HK$1,000-1,400

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KWANG SING COMPANY

1285 Yung Heng Provincial Bank of Kirin, a proof/unissued 10 yuan, Harbin, 1923, red serial number 181379, purple and multicoloured, pagodas on hillside, red seal at centre, reverse green, also a 5 copper, ND (1921), (PS 1053, 1031), uncirculated, scarce (2) HK$1,000-1,200

1287 Kwang Sing Company, Heilungchiang, part issued $10, 1 November 1924, blue serial number 943508, red and multicoloured, street scene at centre, value at left and right, reverse blue, value (PS 1603c), uncirculated and scarce HK$1,200-1,400

KUNG-TSI BANK OF FENGTIEN

1286 Kung-Tsi Bank of Fengtien, 100 coppers, 1922, red serial numbers, black and white, gatehouse at left, reverse green, also a Fengtien Public Exchange Bank 10 coppers, 1924, pink and brown (PS 1365, 1377), uncirculated (2) HK$1,000-1,200

1288 Kwang Sing Company, Heilungchiang, 100 tiao, serial number 14323, purple and black and blue, various allegorical scenes around (PS 1527), extremely fine, scarce HK$2,000-3,000 303

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PROVINCIAL BANK OF HONAN

1289 Provincial Bank of Honan, $10, 15 July 1918, red serial number 50636, green and white, old man at centre, reverse green, blue and brown, value at left and right (PS 2983), Pick says dark red, this green, pressed but good very fine, scarce HK$2,000-2,500

HUNAN GOVERNMENT BANK

KIANGSE GOVERNMENT BANK

1290 Hunan Government Bank, 5 teals, 1906, black and white and blue, dragons at top (Pick S1914x), multiple annotations, VG to fine HK$1,500-1,800

1291 Kiangse Government Bank, $1, Kiangse, 1907, grey and pale pink, value at centre, reverse grey and white, red seal across face (PS 1083), a pleasing fine and very rare HK$10,000-15,000

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KIANGSI REPUBLICAN BANK

1292 Kiangsi Republican Bank, 100 copper cash, year 4609 (1912), orange and blue-green, peacock like bird top left and right, various Chinese artefacts in borders, reverse blue-green, red seal at centre (PS 3897), German annotation on face ‘Ein hundert kash’, VG to fine, presentable and rare HK$30,000-40,000

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KIANGSU FARMERS BANK

CANTON MUNICIPAL BANK

1293 Kiangsu Farmers Bank, 50 cents, 1936, brown and a 20 cents from the Monetary Bureau of Suchow with Farmers Bank of Kiansi overprint, 1933 (PS 1198, 1192b), uncirculated and about extremely fine, scarce (2) HK$1,200-1,600

1294 Canton Municipal Bank, 10 cents, 1 May 1933, red prefix F, red and yellow, and 20 cents, 1 May 1933, red prefix D, both Sun Yat Sen at centre (PS 2276, 2277), uncirculated and scarce (2) HK$2,000-2,400

KWANGTUNG PROVINCIAL BANK

1295 Kwangtung Provincial Bank, $5, 1 January 1918, blue serial number 378694, red-orange and multicoloured, large building at centre, two signatures below, reverse purple (Pick 2402b), purple chop at right, good very fine HK$600-800

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PROVINCIAL BANK OF KWANGTUNG PROVINCE

1296 Provincial Bank of Kwangtung Province, $50, Canton, 1 January 1918, red serial number 094152, brown and multicoloured, pavilion at centre, value at left and right, manager’s signature in two red seals low left, handstamp at right, reverse olive-green, value at left and right (PS 2404 for the basic type), good very fine and a very rare variety with the red signature seals HK$25,000-30,000

AGRICULTURAL AND INDUSTRIAL BANK OF CHINA

1297 Agricultural and Industrial Bank of China, 10 cents, 1 February 1927, cents, 1934, 1935, 1 and 10 yuan, 1935, 50 cents, 1936, 10 and 20 cents, 1937, 10 yuan, 1940 and 1, 5 and 100 yuan, 1941, also Kwantung Provincial Bank, 1 and 5 yuan, Sun Yat Sen portrait, ‘local currency’, $5, 1936, also Provincial Bank of Kwantung Province, 1 and 10 yuan, 1918 (Pick A92, 451, 455, 457, 459, 460, 461, 462, 464, 474, 475, 477a, PS2443, PS2401, PS2403), generally very fine, several better (18) HK$1,200-1,400

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1300 Provincial Bank, Kwantung, specimen 10 cents, Swatow, 1935, red, Sun Yat Sen at right (PS 2436 S3), in PMG holder, 64 EPQ HK$1,200-1,400

1298 China, a miscellaneous lot including Canton Municipal Bank $5, 1933, Kwangtung Bond for 5 yuan, Kwangtung Provincial Bank mixed grades (16) HK$1,000-1,400

1301 Provincial Bank, Kwantung, specimen 20 cents, Swatow, 1935, black zero serial numbers, green and multicoloured, Sun Yat Sen at right and a SinoScandanavian Bank, 5 yuan, Tientsin, brown (Pick S2437s4, S 592b), in PMG holder 58 EPQ, choice about uncirculated and in PMG holder 64, choice uncirculated (2) HK$1,500-1,800

PROVINCIAL BANK OF KWANGTUNG

1299 Provincial Bank, Kwantung, a uniface obverse and reverse 10 cent specimen, 1935, red and multicolour, Sun Yat Sen at right, reverse red (PS 2436 S1), printers annotations, good very fine, rare (2) HK$800-1,000

1302 Provincial Bank, Kwantung, 20 cents, 1936, red serial number B 250429, blue and multicoloured, building at centre (Pick S2440b), in PMG holder 64, choice uncirculated HK$1,500-2,000

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SINKIANG TREASURY

KHOTAN ADMINISTRATION

1304 Khotan Administration Government Finance Notes, 100 cash, 1935, blue text on pale grey paper, also a Turkestan 400 cash, blue and pink-red on grey paper (PS 1738 for similar), fine, scarce (2) HK$2,000-3,000

1303 Sinkiang Treasury, 3 taels, 1931, dark blue text in cream paper, pink seal overstamp, also a 400 copper cash in pink and green (PS 1779a, 1882b), fine, rare (2) HK$2,000-2,500

SUIYUAN PROVINCIAL BANK, MONGOLIA

1305 Suiyuan Provincial Bank (Mongolia), 10 coppers, 1927, red serial number 2038807, red and yellow, houses in oval frame at left, reverse red, locomotive at centre (PS 2787B), hanstamp on reverse, extremely fine and scarce HK$1,000-1,200

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SHANSI AND SUIYUAN RAILWAYS

1306 Bank of local railway of Shansi and Suiyuan, 20 cents, 1934, 50 cents, 1936, 1 yuan, Taiyuan, 1934 and 5 yuan, 1936, all locomotive at right (PS 1292, 1299, 1294c, 1301a), generally very fine (4) HK$1,000-1,200

SSUCHUAN PROVINCIAL BANK SHEET

YUNNAN GU BI RAILROAD BANK

1309 Yunnan Gu Bi Railroad Bank, a uniface obverse 1, 5, 10 and 100 yuan, 1922, multicoloured, various vignettes at centre, value at left and right (Pick S unlisted), slight paper damage on 1 yuan, balance extremely fine, scarce (4) HK$2,000-2,500

KWANGTUNG REPUBLICAN MILITARY GOVERNMENT

1307 Ssuchuan 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 S 2808), there are eight complete notes and six partial notes, most unusual and very rare HK$10,000-14,000

BANK OF MANCHURIA

1310 Kwangtung Republican Military Government, $5, 1912, blue serial number 001487, green and black, pink-orange central guilloche, twin flags top centre, martial symbols at left, Hu Han Min at right, purple handstamp at right, reverse brown and white, text (Pick S3839), almost very fine and rare HK$20,000-25,000

1308 Bank of Manchuria, 5 cents, 1 April 1923, red serial number 0079728, blue and pale yellow, buildings at left in oval frame, reverse lilac and white, value at centre (PS 2940a), central crease otherwise about uncirculated and scarce HK$1,500-2,000 WWW.SPINK.COM

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PROVINCIAL BANK OF HONAN

1313 Bank of the North West, 5 yuan, Kalgan, 1925, red serial number 0425892, orange-brown, railway track at left, reverse brown (PS 3872b), good very fine HK$800-1,000

1314 Bank of the North West, 10 yuan, Fengchen, 1925, red serial number 0001199, green, railroad track at left (PS 3875a), original extremely fine HK$1,200-1,600

1311 Provincial Bank of Honan, 1 yuan, 1921, red serial number 0870530, dark green and white, old man at centre, red chop across face, reverse red, white and pale blue, value top centre and at each corner (PS 1665), extremely fine and scarce HK$4,000-5,000

CENTRAL BANK OF MANCHUKUO

BANK OF THE NORTH WEST

1315 Central Bank of Manchukuo, 50 fen (2), ND (1935), purple-brown, Ch’ien Lung at right, also a 50 fen in green, liac and pale brown (Pick J 129 extremely fine, scarce (2) HK$1,000-1,200 1312 Bank of the North West, 5 yuan (2), 1925, Jehol and Kalgan Branches, orange-brown, railroad track at left (PS 3874b, c), original extremely fine (2) HK$1,500-2,000 311

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FEDERAL RESERVE BANK OF CHINA

1316 Federal Reserve Bank of China, $1, 1938, red serial number P 1219970, green, Confucius at left, dragon and boats at right, reverse green (Pick J 54a), central crease otherwise almost uncirculated thus scarce HK$3,000-3,500

1317 Federal Reserve Bank of China, an obverse and reverse uniface proof $5, 1938, red zero serial numbers and number 001219 at centre, orange, Yueh Fei at right, dragon and cavalry at centre, reverse orange and pale green, pagoda at centre (Pick J62s), good extremely fine and scarce (2) HK$4,000-4,500

CENTRAL RESERVE BANK OF CHINA

1318 Central Reserve Bank of China, proof 10 yuan, 1940, blue and multicoloured, Sun Yat Sen at centre, reverse blue, Mausoleum at centre (Pick J12 for type), extremely fine and rare HK$2,000-3,000

1319 Chinese Puppet Banks, 100 yuan, 1944 1 chiao, 10 yuan, 1940-1944, blue with camels, three Japanese war time issues1 yen (2) and 10 yen (Pick J83a, J101A, J108b, 49a), mixed (6) HK$1,000-1,200

1320 Central Reserve Bank of China, a group (24), inluding 100 and 500 yuan, 1942, 500 yuan (3), 1943, 1 yuan (2), 1940, 1941, Great Wall, 100 yuan, 1938, camel, 100 yuan, 1945, 500 yuan, 1943, Confucius at right, brown, 500 yuan (2), blue, Japanese Military issues (6) and Russia Military 10 yuan, red and 100 yuan (2), blue (Pick J14a, 15b, 25, 26a, J72, J78, J112a, 104, J88, J90, M33, 34, 36), mixed grades, several quite scarce (24) HK$2,000-3,000

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PRIVATE BANKS

1321 Private Banks, comprising Fung Shing Bank, 1784, Wen Shing Bank and Tsai Foi Shing Bank, all blue text on thin paper, all with black Chinese manuscript text all are repaired otherwise good fine and scarce (3) HK$3,000-4,000

1322 Yi Mu Xing, 20 tiao, Mukden, 1868, blue and white with red seals, some water staining, very fine HK$800-1,000

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1323 Antung Bank (near border with North Korea), a proof 10 dollars, ND, black and pale brown on white watermarked card like paper, dragon at left and right, title in English E FUNG at top centre, reverse blue and white, text ANTUNG CHINA E FUNG at top (Pick unlisted), probably unique and most unusual HK$60,000-70,000

CHINESE REPUBLIC ISSUES

A UNIQUE CENTRAL CHINESE GOVERNMENT ESSAY

1324 Republic of China, a uniface proof/essay for a 10 cash, ND, blue and cream, ornate floral border around, medallion with text 10 cash at left, medallion at right with crossed flags, two faded seals at centre some foxing, about very fine and very rare HK$5,000-6,000

1325 Central Chinese Government, a partially hand executed essay mounted on card for a 5 dollars, 1932, red zero serial numbers, blue and white, houses by water at centre in oval frame, value at left and right, unique HK$25,000-30,000

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TAK CHING KWONG BANK

MISCELLANEOUS

1326 Tak Ching Kwong Bank, 1000 cash, ND, blue and pink, eagle and flowers, reverse green, roses at centre extremely fine HK$1,500-2,000

1327 Provincial Bank and Private Issues, 22 notes, generally attractive and in excellent condition (22) HK$3,000-5,000

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MAI FENG BANK OF SZECHUAN

1328 Mai Feng Bank of Szechuan, 10000 yen in silver (payable to Government), serial number 0227, blue text on cream paper, oval purple handstamp ‘Accounting office, Mai Feng Bank of Szechuan, Head office’, about extremely fine, rare HK$20,000-25,000

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QING MILITARY DOCUMENT

1329 Qing Military Document, black text on cream paper, red rectangular seal at left, some thinning otherwise fine and a very rare and historically interesting piece HK$150,000-180,000

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CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

1330 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 HK$1,500-2,000

1331 Chartered Bank of India, Australia & China, sight bill for 8690 rupees, 11 annas, Hong Kong, 19 March 1862, green, royal arms at left, payable at the Calcutta branch of the bank, good very fine, rare HK$2,500-3,000

SZECHUAN-SHANSI BANK

1332 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 HK$3,500-4,500 WWW.SPINK.COM

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BANK OF SHANSI, CHARHAR & HOPEI

1336 People’s Bank of China, first series renminbi, 50 yuan (2), 1949, serial numbers III IV V 8442663 and 8442665, railway (Pick 829), centre fold, good extremely fine (2) HK$2,000-2,500

1333 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 Æ 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) HK$3,000-5,000

PEOPLE’S BANK OF CHINA

1337 People’s Bank of China, first series renminbi, 100 yuan (2), 1949, donkey and red steamship (Pick 831 and 836), uncirculated and very good fine (2) HK$1,200-1,600

1334 People’s Bank of China, first series renminbi, 10 yuan (2), 1949, serial numbers I II III 69428004 and 69428006, factory worker and farmer (Pick 816), about uncirculated (2) HK$1,800-2,200

1338 People’s Bank of China, first series renminbi, 100 yuan (2), 1949, blue, Beihai Bridge and red steamship good fine and good very fine (2) HK$1,200-1,500

1335 People’s Bank of China, first series renminbi, 10 yuan (2), 1949, factory worker and farmer, also 10 yuan 1949, ploughing (Pick 816 and 815), first missing low right corner tip, otherwise extremely fine and about extremely fine respectively (2) HK$1,500-1,800 319

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1339 People’s Bank of China, 200 yuan, 1949, red serial number I III II 28323015, purple and pale green, the Great Wall of China at right, reverse purple, value (Pick 838), very fine, scarce HK$1,500-2,000

1342 People’s Bank of China, 500 yuan, 1949, serial number in red 06676856, green, tractor at left, reverse green and brown, value at left and right (Pick 846), almost uncirculated, scarce HK$3,000-3,500

1340 People’s Bank of China, first series renminbi, 100 yuan, 1949, blue, Beihai Bridge and 200 yuan, steel making (Pick 832 and 840), good fine and very fine (2) HK$1,200-1,500

1343 People’s Bank of China, first series renminbi, 500 yuan (2), farmer, bridge and tractor (Pick 842 and 846), good fine (2) HK$1,200-1,500

1341 People’s Bank of China, first series renminbi, 200 yuan (2), steel making and Yi He Palace (Pick 840 and 841), good fine (2) HK$1,200-1,500

1344 People’s Bank of China, 1000 yuan, 1949, serial number 78495422, blue-green, farmer and hay waggon at centre, reverse green (Pick 849), good very fine, scarce HK$3,000-4,000

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1348 People’s Bank of China, 5000 yuan, 1949, serial number in red 8587887, green, farmer and tractor at centre, reverse green, value at left and right (Pick 851a), triangle watermark, in PMG holder 64, choice uncirculated, rare HK$10,000-12,000

1345 People’s Bank of China, first series renminbi, 1000 yuan, three tractors (Pick 848), very fine HK$3,000-4,000

1346 People’s Bank of China, first series renminbi, 500 yuan, farmer and bridge, 1000 yuan (2), Qiantang Bridge and coal transport (Pick 842, 847 and 850), fine, good fine and very fine (3) HK$1,800-2,200

1349 People’s Bank of China, 10000 yuan, 1949, serial number in red 64893265, brown, farmer and plough team at centre, reverse brown, cattle at centre, value at left and right (Pick 851a), almost uncirculated, rare HK$3,000-3,500

1347 People’s Bank of China, first series renminbi, 5000 yuan, farmers, factory and harvester (Pick 852 and 851), about very fine (2) HK$3,000-4,000 1350 People’s Bank of China, 10000 yuan, 1949, red serial number 42639139, brown, farmers and plough team at centre, reverse brown, agricultural vignette at centre (Pick 853), central crease otherwise an original almost extremely fine HK$3,500-4,000

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1351 People’s Bank of China, 50000 yuan, 1950, red serial number (V III IV) 2032034, blue and green, building at right, reverse green, tractor at centre, value at left and right (Pick 856), some evidence of pressing but still a pleasing example, central crease otherwise almost extremely fine and rare HK$20,000-25,000

1352 People’s Bank of China, 5 yuan, 1953, red serial number II IX I 16358701, purple, crowd of people at centre, value at left and right, reverse purple, arms at centre (Pick 869), soft crease, an original fresh good extremely fine and scarce HK$8,000-12,000

1354 People’s Bank of China, 5 yuan, 1956, red serial number I X II 70002452, brown, demonstration, also 5 jiao, 1953 (9), consecutive (Pick 872, 865), extremely fine, the consecutive run uncirculated (10) HK$2,000-2,500

1355 People’s Bank of China, 1 yuan (10), 1960, a consecutive run, purple, girl on tractor at centre (Pick 874a), uncirculated (10) HK$1,200-1,600

1356 People’s Bank of China, third series renminbi, 10 yuan (5), 1965, consecutive serial numbers VII V V 8975821 - 25 (Pick 879a), all PMG 66, EPQ (5) HK$1,800-2,200 1353 People’s Bank of China, a miscellaneous group (13), including a 2 and 5 yuan of 1953 and a selection of the 1960 and later issues, also a 5 yuan of 1949 (Pick 867, 869, 813), mixed grades (13) HK$2,000-2,500

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1360 Bank of China, Foreign Exchange Certificates, 10 and 50 fen, 1, 5, 10, 50 (2), and 100 (2) yuan, (Pick FX 1, 2, 3, 4, 5, 6, 7, 8, 9), uncirculated (9) HK$1,200-1,600

1357 People’s Bank of China, third series renminbi, 10 yuan (5), 1965, consecutive serial numbers VII V V 8975826 - 30 (Pick 879a), all PMG 66, EPQ (5) HK$1,800-2,200

1361 China, Foreign Exchange Certificates, specimen 100 yuan, red serial number ZA 000000, black and multicoloured, the Great Wall of China at centre red SPECIMEN overprint, uncirculated and rare HK$1,500-2,000

1358 People’s Bank of China, 1 yuan, 2005, serial number PD 55555555, green and multicoloured, Mao Tse Tung at right (Pick 907), in PMG holder 97, gem uncirculated, EPQ. A rare solid number note HK$4,000-4,500

BANK OF CHINA

1362 People’s Republic, 100 yuan, 2005, serial number CE 33333333, red and multicoloured, Mao Tse Tung at right (Pick 907), in PMG holder 67, gem uncirculated, EPQ, a rare solid number note HK$6,000-6,500

1359 Bank of China, Foreign Exchange Certificates, 50 yuan, 1979, red prefix ZA, red and multicoloured, lake (Pick ), extremely fine, scarce HK$1,700-1,900

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FOREIGN BANKS IMPERIAL BANK OF CHINA

1363 Imperial Bank of China, a partial obverse die proof for a $5, black and white, God of Wealth at right, seal and dragons top centre, also an obverse die proof for a $50 but no God of Wealth (PIck A 55A for similar), top margin a little untidy (2) HK$4,000-6,000

BANQUE INDUSTRIELLE DE CHINE

1364 Banque Industrielle de Chine, $1, Hankow, 14 July 1920, serial number 0119406, blue and pale pink and green, ornamental lion at low left and right, manuscript signature in field, reverse purple, ornamental gateway at centre (PS 385), almost very fine and scarce HK$5,000-6,000

1365 Banque Industrielle de Chine, specimen $10, Shanghai, 1914, serial number 000001-100000, blue and green, ornamental lion low left and right, bank initials top centre, reverse purple, orange and blue, building at rigt (PS 396s), perforated CANCELLED, ink date ‘28.8.16’ in top mrgin, uncirculated and rare, attractive HK$7,000-9,000

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BANK OF CANTON LIMITED

CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

1366 Bank of Canton Limited, a uniface obverse proof on card for a $100, Hankow, 1 July 1922, red zero serial numbers, green and multicoloured, the ‘Shanghai Bund’ at centre, value at left and right (PS 152D pr), good extremely fine and a rare ABNC engraving, very attractive HK$14,000-18,000

1368 Chartered Bank of India, Australia & China, 5 taels, Shanghai, hand stamped date 20 November 1911, serial number 8839, brown and white, arms top centre, value top left and right, value in pink-red at centre, two manuscript signatures below, green, bank title and value at centre, value at each corner (PS 196), annotations on reverse, about fine and rare HK$12,000-16,000

1367 Bank of Canton Limited, specimen $1, Swatow, 1 July 1922, red zero serial numbers, blue and multicoloured, the ‘Shanghai Bund’ at centre, value at left and right, reverse red, view of Hong Kong at centre, value at left and right (PS 153J), perforated, red SPECIMEN overprint. good extremely fine and a rare ABNC engraving, attractive HK$12,000-14,000

1369 Chartered Bank of India, Australia & China, 1 Mexican dollar, Shanghai, 1 May 1913, serial number 39514, grey, value in pink-red underprint at low centre, arms top centre, one printed and one manuscript signature below, reverse green (PS 191b), in PMG holder 30, very fine, EPQ, scarce HK$10,000-15,000

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1370 Chartered Bank of India, Australia & China, 10 taels, Shanghai, handstamped date and serial number, 31 October 1911, serial number 2755, green and white, value in red-brown at centre, arms top centre, value top left and right and at each corner, two manuscript signatures below, reverse green, bank title and value at centre, value at each corner (PS 197), some annotations on reverse, VG to fine, rare HK$20,000-25,000

1371 Chartered Bank of India, Australia and China, specimen 5 hongping taels, Tientsin, 19-, blue-green and pink, arms top centre, value top left and right, reverse green, value and bank title, large margin at left (PS 201 for similar), watermarked paper, no perforations and a most attractive W.W. Sprague engraving, good extremely fine and rare HK$12,000-15,000

1372 Chartered Bank of India, Australia & China, unissued $100, Tientsin, 19-, red and white, arms top centre, value top left and right, reverse red and white, bank title and value (PS unlisted), extremely fine and rare HK$10,000-12,000

1373 Chartered Bank of India, Australia & China, unissued $100, Tientsin, 19-, pink and green, arms top centre, value top left and right, bank title in underprint in field, reverse green and pink, bank title and value, counterfoil at left (PS unlisted type), good extremely fine and scarce HK$8,000-10,000

1374 Chartered Bank of India, Australia & China, unissued $100, Tientsin, 19-, green and mauve, arms top centre, value top left and right, bronze value in underprint in centre field, reverse green, bank title and value, counterfoil at left (PS unlisted type), good extremely fine and scarce HK$8,000-10,000

1375 Chartered Bank of India, Australia & China, colour trial $10, Tientsin, 1 December 1930, blue and multicoloured, arms at centre, helmeted head at left, reverse green, boats on a canal (Pick S216ct), red WATERLOW SPECIMEN overprint, perforated, uncirculated and rare, attractive HK$15,000-20,000

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CHINESE ITALIAN BANKING CORPORATION

1376 Chinese Italian Banking Corporation, part issued 1 yuan, 1 April 1921, red serial number 0144809, lilac, houses by lakeside in oval frame at centre, value at left and right, reverse orange-brown value and Bank title (PS 248r1, Crapanzano-Giulianini OI 42), this is the Crapanzano-Giulianini plate note, good extremely fine and rare HK$3,000-5,000

1378 Chinese Italian Banking Corporation, part issued 10 yuan, 1 April 1921, red serial number 0118104, pink-red, houses by lakeside in oval frame at centre, value at left and right, reverse pink-brown value and Bank title (PS 250, Crapanzano-Giulianini OI 44), this is the Crapanzano-Giulianini plate note, good extremely fine and very rare HK$14,000-18,000

1379 Chinese Italian Banking Corporation, a specimen set comprising 1 yuan, green, 5 yuan, brown-purple, 10 yuan, blue and 50 yuan, green-black, all 15 September 1921, all red or blue zero serial numbers, all pagoda and bridge at centre (PS 253-256, Giulianini-Crapanzano OI 45, 46, 47), perforated, red SPECIMEN overprint, uncirculated and scarce (4) HK$6,000-8,000

1377 Chinese Italian Banking Corporation, part issued 5 yuan, 1 April 1921, red serial number 0082785, purple, houses by lakeside in oval frame at centre, value at left and right, reverse brown value and Bank title (PS 249 for type, Crapanzano-Giulianini OI 43), this is the Crapanzano-Giulianini plate note, good extremely fine and very rare HK$10,000-14,000

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1380 Chinese Italian Banking Corporation, a uniface obverse and reverse proof 1 yuan, green, also a uniface obverse and reverse 5 yuan, purple-brown, 15 September 1921, no serial numbers, pagoda and bridge at centre and a uniface obverse and reverse proof 10 yuan, blue (PS 253, 254, 255pr, GiulianiniCrapanzano OI 45, 46, 47), mounted on card, card margin untidy at top, notes not affected, extremely fine and scarce (6) HK$5,000-7,000

1381 Chinese Italian Banking Corporation, a uniface obverse and reverse proof 50 yuan, black, black and multicoloured, 15 September 1921, no serial numbers, pagoda and bridge at centre (PS 256pr, Giulianini-Crapanzano OI 48), mounted on card, extremely fine and scarce (2) HK$4,000-5,000

1382 Chinese Italian Banking Corporation, a sheet of 4 x 1 yuan, 15 September 1921, red 000000 serial number, green and multicoloured, pagoda and bridge at centre, reverse orange, value at left and right (PS 253s, Giulianini-Crapanzano OI 45), handstamped date ‘Nov 2 1922’ top margin, perforated and red SPECIMEN overprint, good extremely fine and scarce in sheet form (6) HK$3,000-3,500

1383 Chinese Italian Banking Corporation, a sheet of 6 x 1 yuan, 15 September 1921, red 000000 serial number, green and multicoloured, pagoda and bridge at centre, reverse orange, value at left and right (PS 253s, Giulianini-Crapanzano OI 45), perforated and red SPECIMEN overprint, good extremely fine and scarce in sheet form (6) HK$4,000-6,000

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1386 Chinese Italian Banking Corporation, part issued 1, 5 and 10 yuan, 1921, green, brown and blue respectively, bridge at centre (PS 253, 254, 255, Giulianini-Crapanzano OI 445, 46, 47), uncirculated (3) HK$1,200-1,400

1384 Chinese Italian Banking Corporation, a sheet of 6 x 5 yuan, 15 September 1921, red 000000 serial number, purple-brown, pagoda and bridge at centre, reverse green, value at left and right (PS 254s, Giulianini-Crapanzano OI 46), perforated and red SPECIMEN overprint, good extremely fine and scarce in sheet form (6) HK$5,000-7,000

1387 Chinese Italian Banking Corporation, part issued 50 yuan, 15 September 1921, red serial number 004778, black and multicoloured, pagoda and bridge at centre, value at left and right, reverse purple, value at left and right (PS 256, Giulianini-Crapanzano OI 48), an ABNC engraving, extremely fine and scarce HK$2,000-2,500

1385 Chinese Italian Banking Corporation, a specimen set comprising 1 yuan, green, 5 yuan, brown-purple, 10 yuan, blue, all 15 September 1921, all red or blue zero serial numbers, all pagoda and bridge at centre (PS 253-255, Giulianini-Crapanzano OI 445, 46, 47), perforated, red SPECIMEN overprint, uncirculated and scarce (3) HK$4,000-5,000 1388 Chinese Italian Banking Corporation, part issued 100 yuan, 15 September 1921, red serial number 004878, purple and multicoloured, pagoda and bridge at centre, value at left and right, reverse dark green, value at left and right (PS 256, Giulianini-Crapanzano OI 49), an ABNC engraving, small red chop on reverse, mounting traces, good very fine and a very rare denomination HK$20,000-25,000

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THE NATIONAL AND COMMERCIAL BANK

BANK OF EAST ASIA LIMITED

1389 National Commercial & Savings Bank, part issued 10 yuan, Hankow, 1 December 1924, red serial number 024591, purple-brown and multicoloured, the Great Wall of China at centre, value and right, reverse purple-brown, twin globes, value at left and right, HANKOW low centre (Pick S 449r), extremely fine, rare HK$5,000-6,000

1390 Bank of East Asia Limited, specimen $1, Shanghai, 1 January 1924, brown and pink, Shanghai scene at centre, value at left and right, reverse brown, bank building at centre, value at left and right (PS 303As), in PMG holder 64, choice uncirculated, NET. blue WATERLOW SPECIMEN overprint, mounting traces, perforated and rare, attractive HK$15,000-20,000

1391 Bank of East Asia Limited, specimen $10, Shanghai, 1 January 1924, green and pale yellow, Shanghai scene at centre, value at left and right, reverse green, bank building at centre, value at left and right (PS 303Cs), in PMG holder 62, choice uncirculated, red WATERLOW SPECIMEN overprint, mounting traces, perforated and rare, attractive HK$20,000-25,000

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DEUTSCHE-ASIATISCHE BANK

1392 Deutsche-Asiatische Bank, part issued 5 taels, Peking, 1 March 1907, red serial number 01574, brown and green, Germania at right, Imperial eagle top left, dragon low left, reverse green and brown, bust of Germania at left and right, value at cenntre and at each corner (PS 269, Rosenberg 1034), good very and rare, a handsome note and no example in the Manfred Kranz collection sold at Spink in Hong Kong January 2012 HK$70,000-80,000

1393 Deutsche-Asiatische Bank, specimen $1, Peking, 1 March 1907, red zero serial numbers, pink and blue, Germania at right, arms at top left, dragon at low left, reverse head of Germania at left and right (PS 272s, Rosenberg 1028), perforated, red SPECIMEN overprint centre, good very fine HK$40,000-60,000 331

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1394 Deutsche-Asiatische Bank, part issued $100, Peking, 1 July 1914, red serial number 01170, red and pale blue, Germania at right, arms top left, dragon low left, reverse pink and pale blue, head of Germania at left and right (Pick S277s, Rosenberg 1038), good extremely fine, attractive and rare HK$100,000-120,000

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1395 Deutsche-Asiatische Bank, $10, Tientsin, 1 March 1907, red serial number 00075, pale blue and brown, Germania at right, arms top left, dragon low left, two manuscript signatures low centre, reverse pale blue and brown, helmeted head of Germania at left and right, value at centre and at each corner (Pick S295a, Rosenberg 1051), very good, grafitti on obverse and reverse, a rare note HK$70,000-90,000

1396 Deutsche-Asiatische Bank, Kiau Chau, $5, Tsingtau, 1 March 1907, red serial number 74217, green and brown, Germania at right, arms top left, dragon low left, two manuscript signatures low centre, reverse pale green and brown, helmeted head of Germania at left and right, value at centre and at each corner (Pick 2, Rosenberg 1001), about fine, a handsome note and rare HK$70,000-90,000 333

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HONG KONG AND SHANGHAI BANKING CORPORATION

1397 Hong Kong and Shanghai Banking Corporation, 1 Mexican dollar, Shanghai, 1 March 1897, serial number 21686, blue and pink-brown, value at centre and at each corner, manuscript signature low left, printed signature of Wade Gard’ner low right, reverse red and white, arms at centre, value at left and right and at each corner (PS 369 for type, Cribb 5.8), very good, rare HK$5,000-8,000

1398 Hong Kong and Shanghai Banking Corporation, specimen 1 Mexican dollar, Shanghai, 1 January 1900, serial number 164008, blue and pink-brown, value at centre and at each corner, printed signature of Wade Gard’ner low right, reverse red and white, arms at centre, value at left and right and at each corner (PS 369 for type, Cribb 5.8), perforated CANCELLED and very unusually a cancelled note with standard serial numbers, possibly removed from notes intended for circulation in the absence of a true specimen. Uncirculated and very rare HK$15,000-20,000

1399 Hong Kong and Shanghai Banking Corporation, specimen $1 local currency, Shanghai, 1 January 1900, serial number 70001-170000, blue and pinkred, bank title curved at centre, printed signature of Wade Gard’ner low right, reverse red, arms at centre, value at each corner (PS 350s, Cribb 5.9a), perforated SPECIMEN and small red SPECIMEN overprint, uncirculated and a very rare type HK$12,000-16,000

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1400 Hong Kong and Shanghai Banking Corporation, specimen 5 Mexican dollars, Shanghai, 1 March 1897, no serial numbers, blue and pink-brown, value at centre and at each corner, printed signature of Wade Gard’ner low right, reverse red and white, arms at centre, value at left and right and at each corner (PS 367s for type, Cribb 5.7), perforated CANCELLED, uncirculated and very rare, attractive HK$50,000-70,000

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1401 Hong Kong and Shanghai Banking Corporation, 5 Mexican dollars, Shanghai, 1 November 1890, serial number 31129, pale blue and pink-brown, value at centre and at each corner, manuscript signature low left and right, reverse red and white, arms at centre, value at left and right and at each corner (PS 367 for type, Cribb 5.6), a presentable VG and very rare HK$50,000-60,000

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A SUPERB AND EXTENSIVE RUN OF DATES FOR TYPE

1402 Hong Kong and Shanghai Banking Corporation, $5, Shanghai, 1 January 1900, serial number 194340, blue and yellow-brown, arms top centre, value at centre and at each corner, manuscript signature low left, printed signature of Wade Gard’ner low right, reverse dark red, maiden with scythe (Agriculture) and two cherubs at centre, value at left and right (PS 351, Cribb 5.9), a Bradbury Wilkinson engraving, multiple annotations on reverse, fine and a rare early issued example HK$10,000-12,000

1404 Hong Kong and Shanghai Banking Corporation, $5, Shanghai, 1 January 1912, no serial numbers, blue and yellow-brown, arms top centre, value at centre and at each corner, printed signature of H. Hunter low right, reverse dark red, maiden with scythe (Agriculture) and two cherubs at centre, value at left and right (PS 352, Cribb 5.11), a Bradbury Wilkinson engraving, last date of issue for type, perforated SPECIMEN overprint, annotation and pin hole top left and centre, otherwise extremely fine, scarce HK$6,000-7,000

1403 Hong Kong and Shanghai Banking Corporation, $5, Shanghai, 1 July 1909, no serial numbers, blue and yellow-brown, arms top centre, value at centre and at each corner, printed signature of H. Hunter low right, reverse red, maiden with scythe (Agriculture) and two cherubs at centre, value at left and right (PS 352, Cribb 5.11), a Bradbury Wilkinson engraving, perforated SPECIMEN overprint, good extremely fine, scarce HK$6,000-7,000

1405 Hong Kong and Shanghai Banking Corporation, $5, Shanghai, 15 February 1916, no serial numbers, blue and yellow-brown, arms top centre, value at centre and at each corner, printed signature of A. Stephen low right, reverse dark red, maiden with scythe (Agriculture) and two cherubs at centre, value at left and right (PS 352A, Cribb 5.11e), a Bradbury Wilkinson engraving, perforated SPECIMEN overprint, good extremely fine, scarce HK$6,000-7,000

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1406 Hong Kong and Shanghai Banking Corporation, $5, Shanghai, 1 March 1914, no serial numbers, blue and yellow-brown, arms top centre, value at centre and at each corner, printed signature of A. Stephen low right, reverse dark red, maiden with scythe (Agriculture) and two cherubs at centre, value at left and right (PS 352A, Cribb 5.11e), first date of issue for type, a Bradbury Wilkinson engraving, perforated SPECIMEN overprint, good extremely fine, scarce HK$6,000-7,000

1407 Hong Kong and Shanghai Banking Corporation, $5, Shanghai, 24 July 1920, no serial numbers, blue and yellow-brown, arms top centre, value at centre and at each corner, printed signature of A. Stephen low right, reverse maroon, maiden with scythe (Agriculture) and two cherubs at centre, value at left and right (PS 352A, Cribb 5.11e), last date of issue for type, a Bradbury Wilkinson engraving, perforated SPECIMEN overprint, good extremely fine, scarce HK$6,000-7,000

1408 Hong Kong and Shanghai Banking Corporation, $5, Shanghai, 1 March 1923, serial number 608673, blue and multicoloured, arms top centre, one manuscript and one printed signature below, reverse purple, maiden and cherubs at centre (PS 353, Cribb 5.11), very good HK$3,000-3,500

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AN EXTREMELY RARE SPECIMEN 10 MEXICAN DOLLARS OF 1897

1409 Hong Kong and Shanghai Banking Corporation, specimen 10 Mexican dollars, Shanghai, 1 March 1897, no serial numbers, green and lilac, value at centre and at each corner, printed signature of Wade Gard’ner low right, reverse red and white, arms at centre, value at left and right and at each corner (PS 368 for type, Cribb 5.7), perforated CANCELLED, uncirculated and extremely rare, a lovely note HK$60,000-80,000

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AN ISSUED 10 MEXICAN DOLLARS OF 1897

1410 Hong Kong and Shanghai Banking Corporation, 10 Mexican dollars, Shanghai, 5 February 1897, serial numbers 40149, green and lilac, value at centre and at each corner, manuscript signature low left, printed signature of Wade Gard’ner low right, reverse red and white, arms at centre, value at left and right and at each corner (PS 368, Cribb 5.7), three soft creases, a solid and original good very fine and extremely rare, a lovely note HK$60,000-80,000

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A SUPERB AND VARIED RUN OF DATES FOR THE $10

1413 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 1 January 1912, no serial numbers, green and multicoloured, arms top centre, value at centre and at each corner, printed signature of H. Hunter low right, reverse red, children at centre (PS 357, Cribb 5.11), perforated SPECIMEN, good extremely fine, scarce HK$6,000-8,000

1411 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 1 January 1902, serial number 102249, green and pale pink-red, arms top centre, value in underprint low centre, value at each corner, manuscript signature low left, printed signature of N.M. Bevis low right, reverse red, children at centre (PS 355, Cribb 5.9), almost very fine and a rare early date HK$6,000-8,000

1414 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 15 June 1913, no serial numbers, green and multicoloured, arms top centre, value at centre and at each corner, printed signature of A. Stephen low right, reverse red, children at centre (PS 357, Cribb 5.11), perforated SPECIMEN, last date of issue for type, good extremely fine, scarce HK$6,000-8,000

1412 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 1 July 1909, serial number 180676, green and multicoloured, arms top centre, value at centre and at each corner, manuscript signature low left, printed signature of H. Hunter low right, reverse red, children at centre (PS 357, Cribb 5.11d), annotations on reverse, VG to fine and a rare early date HK$6,000-8,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1415 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 1 March 1914, no serial numbers, green and multicoloured, arms top centre, value at centre and at each corner, printed signature of A. Stephen low right, reverse purple, children at centre (PS 357, Cribb 5.11), perforated SPECIMEN, good extremely fine, scarce HK$6,000-8,000

1416 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 15 February 1916, no serial numbers, green and multicoloured, arms top centre, value at centre and at each corner, printed signature of A. Stephen low right, reverse purple, children at centre (PS 357A, Cribb 5.11), perforated SPECIMEN, good extremely fine, scarce HK$6,000-8,000

1417 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 3 September 1919, no serial numbers, green and multicoloured, arms top centre, value at centre and at each corner, printed signature of A. Stephen low right, reverse maroon, children at centre (PS 357A, Cribb 5.11), perforated SPECIMEN, good extremely fine, scarce HK$6,000-8,000

1418 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 24 July 1920, no serial numbers, green and multicoloured, arms top centre, value at centre and at each corner, printed signature of A. Stephen low right, reverse purple, children at centre (PS 357, Cribb 5.11f), perforated SPECIMEN, good extremely fine, scarce HK$8,000-12,000 WWW.SPINK.COM

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1419 Hong Kong and Shanghai Banking Corporation, specimen $10, Shanghai, 24 July 1920, serial number 330001-360000, green and pink-orange, arms top centre, printed signature of Stephen low right, reverse purple, cherubs (PS 357As, Cribb 5.11), ink date ‘29.7.20’ in top margin, perforated, in PMG holder 55, about uncirculated, scarce HK$10,000-12,000

1422 Hong Kong and Shanghai Banking Corporation, colour trial $10, Shanghai, 1 January 1924, no serial numbers, red and blue-green, arms top centre, value in underprint low centre and at each corner, reverse red, the Bank Head Office at centre, value at left and right (PS 365A, Cribb 5.14), a Waterlow engraving, red SPECIMEN overprint, good extremely fine, scarce HK$6,000-8,000

1420 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 1 September 1923, no serial numbers, green, lilac and pale orange, arms top centre, value in underprint low centre and at each corner, printed signature of G.H. Stitt low right, reverse purple and green, cherubs and allegorical symbols at centre, value at left and right (PS 358, Cribb 5.13b), a Bradbury Wilkinson printing, red SPECIMEN overprint, perforated CANCELLED, good extremely fine, scarce HK$7,000-9,000

1423 Hong Kong and Shanghai Banking Corporation, $10, Shanghai, 1 January 1924, serial number 452912, green, arms top centre, value in underprint low centre and at each corner, manuscript signature low left, printed signature low right reverse green, the Bank Head Office at centre, value at left and right (PS 365A, Cribb 5.14), a Waterlow engraving, good extremely fine, quite rare now HK$8,000-10,000

1421 Hong Kong and Shanghai Banking Corporation, colour trial $10, Shanghai, 1 January 1924, red and green, arms top centre, printed signature low right, reverse red, bank building at centre, value at left and right (Pick S365Act, Cribb 5.14), red WATERLOW SPECIMEN overprint, perforated, uncirculated and rare HK$20,000-30,000 343

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AN EXCEPTIONAL SPECIMEN 50 MEXICAN DOLLARS OF THE TYPE OF 1897

1424 Hong Kong and Shanghai Banking Corporation, specimen 50 Mexican dollar, Shanghai, 18- (ca 1897), no serial numbers, pink-red and green, value at centre and at each corner, reverse red and white, arms at centre, value at left and right and at each corner (PS 368A for type, Cribb 5.6 for type), perforated CANCELLED, ink date ‘1889’ in top margin, small split at left margin otherwise extremely fine, attractive and extremely rare HK$70,000-90,000

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A VERY RARE SPECIMEN $50 OF 1923

1425 Hong Kong and Shanghai Banking Corporation, specimen $50, Shanghai, 1 September 1923, serial number 801-1600, red & lilac-brown, arms top centre, value at low centre and at each corner, reverse red, allegorical maiden and globe at centre, value at left and right (PS 362), perforated, uncirculated and a rare type HK$80,000-100,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1426 Hong Kong and Shanghai Banking Corporation, $50, Shanghai, ND (ca 1919), no serial numbers, red and multicoloured, arms top centre, value at centre and at each corner, reverse red, Britannia and globe (Empire) (PS 361, Cribb 5.12), perforated SPECIMEN, good extremely fine, scarce HK$8,000-12,000

1427 Hong Kong and Shanghai Banking Corporation, $50, Shanghai, 21 July 1915, no serial numbers, red and multicoloured, arms top centre, value at centre and at each corner, reverse maroon, Britannia and globe (Empire) (PS 361, Cribb 5.12), perforated SPECIMEN, good extremely fine, scarce HK$8,000-10,000

1428 Hong Kong and Shanghai Banking Corporation, $50, Shanghai, 15 February 1916, no serial numbers, red and multicoloured, arms top centre, value at centre and at each corner, reverse maroon, Britannia and globe (Empire) (PS 361, Cribb 5.12), perforated SPECIMEN, good extremely fine, scarce HK$8,000-10,000

1429 Hong Kong and Shanghai Banking Corporation, $50, Shanghai, 2 May 1911, serial number 6817, red and multicoloured, arms top centre, value at centre and at each corner, two manuscript signatures below, reverse red, Britannia at centre with globe, shield and spear, value at left and right (PS 361, Cribb 5.12a), various annotations, very good but presentable enough and rare HK$15,000-18,000

1430 Hong Kong and Shanghai Banking Corporation, $50, Shanghai, 24 July 1920, serial number 19947, red and multicoloured, arms top centre, value at centre and at each corner, two manuscript signatures below, reverse purple, Britannia at centre with globe, shield and spear, value at left and right (PS 361, Cribb 5.12a), various annotations, VG but presentable enough and rare HK$12,000-15,000

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1431 Hong Kong and Shanghai Banking Corporation, $100, Shanghai, 15 February 1916, no serial numbers, red and multicoloured, arms top centre, value at centre and at each corner, reverse purple, maiden with book (Banking) and cherubs at centre, value at left and right (PS 363, Cribb 5.12), perforated SPECIMEN, good extremely fine, scarce HK$8,000-10,000

1433 Hong Kong and Shanghai Banking Corporation, $100, Shanghai, 24 July 1920, no serial numbers, red and multicoloured, arms top centre, value at centre and at each corner, reverse purple, maiden with book (Banking) and cherubs at centre, value at left and right (PS 363A, Cribb 5.12), perforated SPECIMEN, good extremely fine, scarce HK$10,000-12,000

1432 Hong Kong and Shanghai Banking Corporation, $100, Shanghai, 3 September 1919, no serial numbers, red and multicoloured, arms top centre, value at centre and at each corner, reverse purple, maiden with book (Banking) and cherubs at centre, value at left and right (PS 363, Cribb 5.12), perforated SPECIMEN, good extremely fine, scarce HK$8,000-10,000

1434 Hong Kong and Shanghai Banking Corporation, $100, Shanghai, 19- (ca 1921), no serial numbers, purple-brown and pale green, arms top centre, value in underprint low centre and at each corner, reverse red, maiden with book (Banking) and cherubs at centre, value at left and right (PS 363B, Cribb 5.10), perforated SPECIMEN, good extremely fine, scarce HK$12,000-14,000

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1435 Hong Kong and Shanghai Banking Corporation, $100, Shanghai, 1 September 1923, no serial numbers, purple and multicoloured, arms top centre, value in underprint low centre and at each corner, reverse maroon and green, maiden with book (Banking) and cherubs at centre, value at left and right (PS 364, Cribb 5.13), perforated SPECIMEN, good extremely fine, scarce HK$10,000-12,000

INDUSTRIAL AND COMMERCIAL BANK LIMITED

1436 Industrial and Commercial Bank Limited, specimen $10, Shanghai, 1 January 1923, red zero serial numbers, blue and multicolour, man (industry) at centre, reverse blue (PS 383h for similar), perforated, uncirculated, attractive and rare HK$5,000-6,000

1437 Industrial and Commercial Bank Limited, an obverse uniface proof for a $50, ND (1921), red and pale green, allegorical male figure (Industry) at centre, value at left and right (PS 383l), left hand tips of note a little worn, slight scuffing, otherwise good very fine, scarce HK$2,500-3,500

INTERNATIONAL BANKING CORPORATION

1438 International Banking Corporation, $1, Shanghai, 1 July 1916, red serial number 113413, orange and multicoloured, eagle and globes top centre (Pick S423a), good fine and scarce HK$2,500-3,000 WWW.SPINK.COM

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1439 International Banking Corporation, $5, Shanghai, 1 January 1905, red serial number 132757, green and multicoloured, eagle and globes top centre, reverse green (Pick S423a), extremely fine and rare in this grade HK$15,000-18,000

1440 International Banking Corporation, $10, Shanghai, 1 January 1905, red serial number 228057, brown and white and multicoloured, eagle and twin globes at centre, two signatures below reverse red, eagle and globes, value at left and right (PS 420a), handstamp in right field, fine and scarce HK$6,000-8,000

1441 International Banking Corporation, specimen 100 taels, Shanghai, 1 July 1918, red zero serial numbers, black, white and multicoloured, eagle and twin globes at centre, value at left and right, one printed signature below, reverse dark brown and white, eagle and globes at centre, value at left and right (PS 428s), in PMG holder 58, choice about uncirculated, EPQ. A handsome note and rare HK$20,000-25,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

NETHERLANDS TRADING SOCIETY

1442 Netherlands Trading Society, specimen $5, Shanghai, 1 January 1913, serial number 000000, black and multicoloured, Chinese warrior at centre, bridge below, reverse green and lilac, dragons and arms (Pick S458s), pencil date ‘May 1913’ in top margin, perforated SPECIMEN, good extremely fine and rare, attractive HK$10,000-12,000

1443 Netherlands Trading Society, a uniface proof $100, 1 January 1922, green and lilac, warrior top centre, bridge low centre, value at centre and at each corner (PS 461pr), good extremely fine and very rare, attractive HK$8,000-12,000

ORIENTAL BANKING CORPORATION

1444 Oriental Bank Corporation, a reverse proof on card for a $50, black and white pencil ‘January 31 1872’, good very fine HK$1,500-1,800

RUSSO-ASIATIC BANK

1445 Russo-Asiatic Bank, a die proof in blue and white for a 1 fen, 1912, blue and white, dragon and value at left and right ink date ‘21/12/12’ in top margin, good extremely fine, quite striking HK$8,000-12,000

1446 Russo-Asiatic Bank, a die proof in black and white for a 50 fen, 1912, black and white, dragon and value at left and right (PS 482pr), hand stamped date ‘21/12/12’ in top margin and annotation from printer ‘As submitted & returned for modification’, almost extremely fine, very rare HK$10,000-12,000 WWW.SPINK.COM

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1447 Russo-Asiatic Bank, a die proof in blue and white for a 100 fen, 1912, blue and white, dragon and value at left and right (PS 483pr), ink date ‘21/12/12’ in top margin, good extremely fine, quite striking HK$14,000-18,000

1448 Russo-Asiatic Bank, an obverse and reverse die proof for a $1, Shanghai, 1913, black and white, dragon top left and right, English text, reverse black and white, bank building low centre, dragon at left and right, Russian text (PS 485pr), ink date ‘1913’ in margins, pinholes, about extremely fine and very rare (2) HK$7,000-9,000

1450 Ruso-Asiatic Bank, a uniface die proof for a $100, ND (1913), black and white, bank building low centre, value and dragon at left and right (PS 489 for similar), ink date ‘3/4/1913’ in top margin, margins a little untidy otherwise extremely fine and very rare HK$10,000-14,000

1451 Russo-Asiatic Bank, 50 kopecks, 1 and 3 rubles, ND (1917), (Pick S473a, 474a, 475a), good extremely fine (3) HK$2,000-2,400

1449 Ruso-Asiatic Bank, a uniface die proof for a $10, ND (1913), black and white, bank building low centre, value and dragon at left and right (PS 489 for similar), ink date ‘28/3/1913’ in low margin, extremely fine and very rare HK$7,000-9,000 351

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RUSSO-CHINESE BANK

1452 Russo-Chinese Bank, 1 Mexican dollar, Shanghai, 14 March 1901, green serial number 080676, pale blue and lilac on salmon-pink background, value at centre and at each corner, manuscript signature low right, English text, reverse as obverse but Russian text (PS 536), almost very fine, original and very rare, this date earlier than recorded in Pick, very rare HK$60,000-70,000

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100 HONG PING TAELS OF 1907

1453 Russo-Chinese Bank, specimen 100 hong ping hua pao taels, Tientsin, ND (1907), serial number A0001-A2000, red and multicoloured, dragon in oval frame top centre, value at left and right and at each corner, reverse multicoloured, bank building at centre, dragon at left and right (PS 553), uncirculated and very rare HK$100,000-120,000

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COY-SHIN-GONG-SL TRADING HOUSE

1454 The Coy-Shin-Gong-Sl Trading House, 1 Mexican dollar, 1902, hand stamped serial number 042067, pale brown, value at centre, Russian and Chinese text, reverse black and white with Chinese symbols in field (Pick S unlisted), split top centre at crease otherwise an original good fine and very rare and unusual HK$4,000-6,000

SINO-BELGIAN BANK

1455 Sino-Belgian Bank, 5 Mexican dollars, Shanghai, 1 January 1904, red serial numberB 33799, red and green, arms top centre, allegorical scenes of transport and commerce low centre, value at centre and at each corner, printed signature low right, manuscript signature low left, reverse red and green, arms and value (PS 567, date unrecorded in Pick), age spotting, paper original, almost very fine, rare HK$15,000-18,000

1456 Sino-Belgian Bank, 10 Mexican dollars, Shanghai, 1 July 1908, blue serial number D65043, green and pale orange, arms top centre, allegorical scenes of transport and commerce low centre, value at centre and at each corner, printed signature low right, two manuscript signatures low centre, reverse green and pink, arms and value (PS 568), almost very fine, rare and quite attractive HK$20,000-30,000

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SINO-SCANDINAVIAN BANK

1457 Sino-Scandinavian Bank, 1 yuan, 1 February 1922, red serial number A 0132265, green, bridge at centre, value at left and right and at each corner, reverse green, Viking longboat at centre, value at left and right and at each corner, black YUNGCHI CURRENCY overprint (PS 590), almost uncirculated HK$1,000-1,200

1458 Sino-Scandinavian Bank, $5, Tientsin, 1 February 1922, serial number I00 88506, brown and multicoloured, pagoda and bridge at centre, reverse brown, Viking longboat at centre (PS 592a), an original extremely fine, scarce HK$1,000-1,200

YOKOHAMA SPECIE BANK

1459 Yokohama Specie Bank, 1 gold yen, Dairen, ND (1913), serial number A 661798, green, text, reverse orange and white, text (PS 645/635 for type), very fine and rare HK$10,000-12,000

END OF SECOND DAY’S SALE

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DAY THREE SUNDAY 13 JANUARY 2013

BANKNOTES (Lots 1460-1638) Commencing at 10.00 a.m.

HONG KONG GOVERNMENT ISSUE

1460 Government of Hong Kong, $1, ND (1935), serial number G 817011, purple and pink and green, George V at right, value at left (Pick 311, Ma G10), a very faint crease otherwise almost uncirculated, fresh and attractive thus rare HK$6,500-8,500

1461 Government of Hong Kong, $1 (2), ND, serial numbers T019404/405, purple, green, pink and yellow, George VI at right, value at left, reverse purple and white (Ma G11), very soft central crease, original and fresh almost uncirculated and a scarce consecutive pair (2) HK$1,500-2,500

1462 Government of Hong Kong, $1 (10), 1 June 1956, serial numbers 2J074811-820, green and pink, Elizabeth II at right, value at left, reverse green and white (Ma G14), a scarce consecutive run of 10 notes, uncirculated (10) HK$3,000-4,000 357

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1463 Government of Hong Kong, $1 (10), 1 June 1956, serial numbers 2J074821-30, green and pink, Elizabeth II at right, value at left, reverse green and white (Ma G14), a scarce consecutive run of 10 notes, uncirculated (10) HK$3,000-4,000

1464 Government of Hong Kong, $1 (10), 1 June 1956, serial numbers 2J074831-40, green and pink, Elizabeth II at right, value at left, reverse green and white (Ma G14), a scarce consecutive run of 10 notes, uncirculated (10) HK$3,000-4,000

1465 Government of Hong Kong, $1 (10), 1 June 1956, serial numbers 2J074841-50, green and pink, Elizabeth II at right, value at left, reverse green and white (Ma G14), a scarce consecutive run of 10 notes, uncirculated (10) HK$3,000-3,500 WWW.SPINK.COM

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CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

1468 The Chartered Bank, specimen $5, ND (1959), blue serial number S/F 0000000, green, pale pink and pale blue, value in underprint at centre, arms at left, reverse green, junk at centre (Ma S6s), red SPECIMEN overprint, uncirculated and rare HK$2,000-2,500

1466 Chartered Bank of India, Australia and China, $5, 25 February 1948, blue serial number S/F 1674120, green and pink, value in red at centre, arms top centre, helmeted head at left, reverse green, junk at centre (Ma S5a), paper quite fresh, about extremely fine, scarce HK$4,000-6,000

CHARTERED BANK

1469 The Chartered Bank, $5, 9 September 1959, blue serial number S/F 2395773, green, pale pink and pale blue, value in underprint at centre, arms at left, two printed signatures below, reverse green, junk at centre (Ma S6), a fresh almost extremely fine and scarce in this grade HK$1,500-2,000 1467 The Chartered Bank, colour trial $5, ND (1959), no serial numbers, blue, pale pink and pale blue, value in underprint at centre, arms at left, reverse blue, junk at centre (Ma S6ct), mounting traces on reverse, red WATERLOW SPECIMEN overprint, good extremely fine and rare HK$3,000-4,000

1470 The Chartered Bank, $5 (4), 1961, 1962, ND (2), all blue prefix S/F, green, pale pink and pale blue, value in underprint at centre, arms at left, two printed signatures below, reverse green, junk at centre, also a $5, ND (1967), orange, design as previous (Ma S6, 7), first good very fine, balance extremely fine or better (5) HK$1,500-2,000 359

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CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

1471 Chartered Bank of India, Australia and China, $10, 20 September 1940, serial number T/G 696827, 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, (Ma S12), very good, scarce HK$1,000-1,200

1472 Chartered Bank of India, Australia and China, $10, 1 September 1956, serial number T/G 3521869, red and pale green, helmeted male head at left, arms top centre, two pinhole signatures below value at centre and at each corner, reverse red, workers in rice field at centre, value at left and right (Ma S12), a fresh example, pressed but extremely fine, thus scarce HK$7,000-9,000

1473 Chartered Bank of India, Australia and China, $10, 18 November 1941, blue serial number T/G 1865900, red, pale green and lilac, helmeted male head at left, arms right centre, two printed signatures below, reverse red, women in rice field at centre slight graffiti, very fine HK$1,500-2,000

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1474 Chartered Bank of India, Australia and China, $10, 18 November 1941, blue serial number T/G 2720773, red, pale green and lilac, helmeted male head at left, arms right centre, two printed signatures below, reverse red, women in rice field at centre central crease, an original good very fine, scarce HK$3,000-3,500

1475 Chartered Bank of India, Australia and China, $10, 1 August 1955, blue serial number T/G 3562606, red, pale green and lilac, helmeted male head at left, arms right centre, two printed signatures below, reverse red, women in rice field at centre (Ma S12), central crease otherwise an original extremely fine, scarce HK$2,000-3,000

1476 Chartered Bank of India, Australia and China, $10, 1 September 1956, blue serial number T/G 3886597, red, pale green and lilac, helmeted male head at left, arms right centre, two printed signatures below, reverse red, women in rice field at centre (Ma S12), slight spotting on margin, an original extremely fine, scarce HK$2,500-3,500

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A SUPERB COLOUR TRIAL $100 OF 1912

1477 Chartered Bank of India, Australia and China, colour trial $100, Hong Kong, 1 February 1912, blue and pale green, bridge, pagodas and mountains at left and right, arms top centre, printed signature low right, value low left and right and at each corner, reverse bank building at centre (Pick 45ct, Ma S30ct), red SPECIMEN NO VALUE twice across face of the note, a blue Waterlow seal low centre. In PMG holder 61 uncirculated, previously mounted. A truly lovely note and extremely rare HK$80,000-100,000

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1478 Chartered Bank of India, Australia and China, $100, 2 June 1930, red serial number W/K 030590, 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 (Ma S31, HK Museum 141), almost very fine and very rare HK$20,000-30,000

1479 Chartered Bank of India, Australia and China, $100, 1 November 1939, serial number Y/M 075850, 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 (Ma S32), several chops and annotations on reverse, fine, scarce HK$4,000-6,000

1480 Chartered Bank of India, Australia and China, $100, 28 March 1936, serial number Y/M 069997, 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 (Ma S32), annotation in right field, fine, scarce HK$2,000-2,500

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1481 Chartered Bank of India, Australia and China, $100, 8 December 1941, serial number Y/M 145235, green, pale pink and pale blue, Britannia and lion at centre in oval frame, value at left and right, arms top right, printed signatures below, reverse green, view of Hong Kong (Ma S32), an original and quite bright example, good very fine, scarce HK$2,000-2,500

1484 Chartered Bank of India, Australia and China, $100, 15 December 1947, serial number Y/M 488772, green, pale pink and pale blue, Britannia and lion at centre in oval frame, value at left and right, arms top right, printed signatures below reverse green, view of Hong Kong (Ma S32), a pleasing good very fine, scarce in this grade HK$3,500-4,500

1482 Chartered Bank of India, Australia and China, $100, 1 October 1946, serial number Y/M 247915, green, pale pink and pale blue, Britannia and lion at centre in oval frame, value at left and right, arms top right, printed signatures below, reverse green, view of Hong Kong (Ma S32), annotations, good fine, scarce HK$2,000-2,500

1485 Chartered Bank of India, Australia and China, $100, 1 July 1949, serial number Y/M 589829, green, pale pink and pale blue, Britannia and lion at centre in oval frame, value at left and right, arms top right, low left, printed signatures below, reverse green, view of Hong Kong (Ma S32), very fine, scarce HK$3,000-4,000

1483 Chartered Bank of India, Australia and China, $100, Hong Kong, 15 December 1947, serial number Y/M 434451, green and multicoloured, Britannia seated at centre, value at left and right, arms at right, reverse green, view of Hong Kong (Ma S42), good fine, scarce HK$2,000-2,500

1486 Chartered Bank of India, Australia and China, $100, 1 November 1952, serial number Y/M 663465, green, pale pink and pale blue, Britannia and lion at centre in oval frame, value at left and right, arms top right, printed signatures below, reverse green, view of Hong Kong (Ma S32), very fine, scarce HK$3,000-3,500

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1487 Chartered Bank of India, Australia and China, $100, 1 September 1954, serial number Y/M 706281, green, pale pink and pale blue, Britannia and lion at centre in oval frame, value at left and right, arms top right, printed signatures below, reverse green, view of Hong Kong (Ma S32), an original and quite bright example, good very fine, scarce HK$3,500-4,500

1490 Chartered Bank of India, Australia and China, $100, 6 December 1956, serial number Y/M 872733, green and pink, Britannia and Lion at centre, reverse green, Supreme Court building at centre (Pick 65, Ma S32), fresh and original extremely fine, last date of issue for type, rare HK$15,000-20,000

CHARTERED BANK

1488 Chartered Bank of India, Australia and China, $100, 1 August 1955, serial number Y/M 749226, 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 (Ma S32), almost very fine, scarce HK$2,500-3,000

1491 Chartered Bank, specimen $100, ND, serial number Y/M 0000000, green and multicoloured, arms at centre (Ma S33s), red De La Rue specimen seal, uncirculated scarce HK$8,000-9,000

1489 Chartered Bank of India, Australia and China, $100, 1 August 1955, serial number Y/M 751347, green and pink, Britannia and Lion at centre, reverse green, Supreme Court building at centre (Pick 57c, Ma S32), an original and fresh note, central crease, otherwise almost extremely fine, rare in this grade HK$15,000-20,000

1492 Chartered Bank, $100, ND (1961), blue serial number Y/M 2085846, green, arms at centre, reverse green, view of Hong Kong (Ma S33), uncirculated thus scarce HK$2,500-3,000 365

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CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

1493 Chartered Bank of India, Australia and China, specimen $500, 1 June 1934, no serial numbers, green, pale pink-red, pale orange and blue, male head at left, arms at centre, no signatures below, value at centre and at left and right, reverse brown, boats (Ma S42), perforated, extremely fine and rare HK$10,000-15,000

1494 Chartered Bank of India, Australia and China, $500, 6 August 1947, serial numbers Z/N 026070, 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, boats (Ma S42), some graffiti, good fine and rare HK$8,000-12,000

1495 Chartered Bank of India, Australia and China, $500, 1 November 1952, serial number Z/N 104739, 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, boats (Ma S42), some graffiti, fine and rare HK$7,000-9,000

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CHARTERED BANK

1496 Chartered Bank, specimen $500, 1 July 1961, serial number Z/N 000000A, green and multicoloured, man’s head at left, arms at centre (Ma S42), red De La Rue specimen seal at left and right, uncirculated, scarce HK$10,000-12,000

1497 Chartered Bank, $500, Hong Kong, 1 July 1961, serial number Z/N 156816A, brown, green, white and pink, classical male head at left, arms at centre, one manuscript signature and one printed signature below, reverse brown and green, boats and value (Ma S42), last date for type, good fine, rare HK$8,000-10,000

1499 Chartered Bank, $500, ND (c.1962), prefix Z/P, green, pink & brown, male head at left, arms at centre, hand signature low left, printed signature low right, reverse brown, boats (Ma S42a), about uncirculated, scarce HK$6,000-7,000

1500 Chartered Bank of India, Australia & China, sight bill of 14000 rupees, Hong Kong, 12 November 1861, green, royal arms at left, payable at the Calcutta branch of the bank, good very fine, rare HK$2,500-3,000

1498 Chartered Bank, $500, ND (c.1962), prefix Z/N, green, pink & brown, male head at left, arms at centre, hand signature low left, printed signature low right, reverse brown, boats (Ma S42a), fresh good very fine HK$4,500-5,500 367

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BANKNOTES OF CHINA, HONG KONG AND MACAO

HONG KONG AND SHANGHAI BANKING CORPORATION $1 OF 1872, THE FIRST YEAR OF ISSUE FOR TYPE

1501 Hong Kong and Shanghai Banking Corporation, $1, 1 October 1872, serial number 1160, black and white, value in orange-red underprint at centre, arms top centre, manuscript signature low left, printed signature of James Greig low right, reverse mauve, arms at centre, value at left and right (Ma H1, HK Museum 176, Cribb 2.29), an Ashby & Co. engraving. The first date of issue for this iconic issue and a very low serial number. An original good very fine, most attractive and historically a most desirable note HK$50,000-70,000

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1502 Hong Kong and Shanghai Banking Corporation, $1, 1 September 1885, serial number 542079, black and white, value in orange-red underprint at centre, arms top centre, manuscript signature of Wallace low left, printed signature of Thomas Jackson low right, reverse red, arms at centre, value at left and right (Ma H1, HK Museum 176, Cribb 2.29), an Ashby & Co. engraving. An original good very fine, attractive and rare HK$30,000-40,000

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1503 Hong Kong and Shanghai Banking Corporation, $1, 31 December 1888, serial number 655848, black and white, value in orange-red underprint at centre, arms top centre, manuscript signature low left, printed signature of Thomas Jackson low right, reverse red, arms at centre, value at left and right (MaH 1, HK Museum 176, Cribb 2.29), an Ashby & Co. engraving. An original good very fine, most attractive HK$35,000-45,000

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1504 Hong Kong and Shanghai Banking Corporation, specimen $1, 1 July 1913, serial number 776001876000, blue and yellow, head of Minerva at left, arms low right, Stabb signature, reverse red, maiden with harp at centre (Ma H3, Pick 155bs), ink date ‘168.5.15’ in top margin, perforated CANCELLED, uncirculated and rare HK$8,000-10,000

1506 Hong Kong and Shanghai Banking Corporation, $1, 1 January 1925, serial number C007495, blue and orange, head of Minerva at left, arms at low right, two printed signatures below, reverse purple, maiden with lyre (Ma H3a), some foxing, good very fine HK$3,000-4,000

1507 Hong Kong and Shanghai Banking Corporation, $1, 1 June 1935, serial number G 397344, blue and multicoloured, helmeted head of Minerva at left, value at centre and at each corner, reverse purple, maiden (Liberty) seated at centre (Ma H4), good extremely fine HK$700-1,000

1505 Hong Kong and Shanghai Banking Corporation, $1, 1 July 1913, serial number 165837, blue and multicoloured, Minerva at left, arms at right, two printed signatures below, reverse red, maiden with lyre at centre (Ma H3), an original very fine, scarce HK$6,000-6,500

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A VERY RARE $5 OF 1884

1508 Hong Kong and Shanghai Banking Corporation, $5, Hong Kong, 1 May 1884, serial number 186749, green and white, arms at top centre, value in red at left and right, manuscript signature at low left, printed signature of Thomas Jackson at low right, reverse red and white, arms at centre, value at left and right (Pick 137, Ma H5), about fine, presentable and very rare HK$40,000-60,000

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1509 Hong Kong and Shanghai Banking Corporation, specimen $5, 1 October 1927, serial number D000000, brown and lilac and yellow, maiden seated at right, arms top centre, Sykes signature, reverse brown, bank head office, angel above serial number D000001-D500000, (Pick 173s, Ma H9), first date of type, ink date ‘20.10.27’ in top margin, perforated SPECIMEN, good extremely fine and rare HK$6,000-8,000

1510 Hong Kong and Shanghai Banking Corporation, $5, 18 March 1972, serial number 978585D2, brown, maiden at right (Ma H10), double printed detail on obverse, uncirculated, rare HK$1,500-1,800

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AN EXTREMELY RARE SPECIMEN $10 OF 1897

1511 Hong Kong and Shanghai Bank Corporation, specimen $10, 1 September 1897, no serial numbers, pale blue and pink, arms top centre, value top left and right, printed signature of Thomas Jackson low right, reverse pale red and white, arms at centre, value at left and right (Ma H11a, HK Museum 198, Cribb 2.35), perforated CANCELLED, uncirculated and very rare HK$40,000-60,000

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1512 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 January 1901, no serial numbers, blue and pink-red, value in underprint low centre, arms at centre, value at each corner, printed signature of Thomas Jackson low right, reverse red and white, helmeted female head (Britannia), at left and right, Mercury and Britannia with symbols of commerce at centre, value at each corner (Ma H12, HK Museum 199, Cribb 2.41), perforated SPECIMEN, uncirculated and very rare HK$40,000-60,000

1513 Hong Kong and Shanghai Banking Corporation, $10, 1 January 1901, serial number 324994, blue and pink-red, value in underprint low centre, arms at centre, value at each corner, manuscript signature low left, printed signature of Thomas Jackson low right, reverse red and white, helmeted female head (Britannia), at left and right, Mercury and Britannia with symbols of commerce at centre, value at each corner (Ma H12, HK Museum 199, Cribb 2.41), VG, very rare as an issued note HK$20,000-25,000 375

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1514 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 May 1904, no serial numbers, blue, lilac and green, arms top centre, ornate engine turnings in central panel, value at centre and at each corner, printed signature of J.R.M. Smith low right, reverse red and white, helmeted head of Britannia at left and right, Mercury and Britannia at centre with symbols of commerce, value at each corner (Ma H12s, HK Museum 200, Cribb 2.42), perforated SPECIMEN, uncirculated and very rare HK$35,000-45,000

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1515 Hong Kong and Shanghai Banking Corporation, $10, 1 May 1904, serial number 458341, blue, lilac and green, arms top centre, ornate engine turnings in central panel, value at centre and at each corner, manuscript signature low left, printed signature of J.R.M. Smith low right, reverse red and white, helmeted head of Britannia at left and right, Mercury and Britannia at centre with symbols of commerce, value at each corner (Ma H12, HK Museum 200, Cribb 2.42), VG and very rare HK$35,000-45,000

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A VERY EARLY DATE SPECIMEN $10 OF 1905

1516 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 January 1905, no serial numbers, blue and pink-red, arms top centre, the central Praya of Hong Kong at left (built on reclaimed land), shoreline scene at right, printed signature of the Chief Manager, J. R. M. Smith, low right, reverse red, the Bank head office at centre, value at left and right (Ma H13 for later date, Cribb 2.45 var., HK Museum 201var.), perforated, red SPECIMEN overprint and an attractive Waterlow engraving. This date is seen on the earlier issue of $10 but appears to be an unrecorded date for this type. The earlier style dated up to 1st June 1905, this is 1st January. Extremely fine, attractive and extremely rare and probably an unrecorded date for type and therefore a major rarity.

HK$70,000-90,000

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1517 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 January 1909, no serial numbers, blue and pinkred, arms top centre, the central Praya of Hong Kong at left (built on reclaimed land), shoreline scene at right, printed signature of the Chief Manager, J. R. M. Smith, low right, reverse red, the Bank head office at centre, value at left and right (Ma H13, Cribb 2.45, HK Museum 201), perforated, red SPECIMEN overprint and an attractive Waterlow engraving, uncirculated and rare HK$20,000-25,000

1518 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 July 1913, no serial numbers, blue and pinkred, arms top centre, the central Praya of Hong Kong at left (built on reclaimed land), shoreline scene at right, printed signature of the Chief Manager, Stagg (?) low right, reverse green and brown, the Bank head office at centre, value at left and right (Ma H13, Cribb 2.45, HK Museum 201), perforated, red SPECIMEN overprint and an attractive Waterlow engraving.

HK$30,000-40,000

1519 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 July 1913, blue and pink, shore line at left and right, arms top centre, Stabb signature low right, value low centre and at each corner, reverse green and brown, bank head office at centre, value low centre and at left and right (Ma H13s, Pick 167s), peforated, red SPECIMEN overprint, uncirculated and rare, attractive HK$30,000-40,000

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1520 Hong Kong and Shanghai Banking Corporation, $10, 1 July 1913, serial number A 540721, blue and pink-red, arms top centre, the central Praya of Hong Kong at left (built on reclaimed land), shoreline scene at right, manuscript signature low left, printed signature of the Chief Manager, Stagg (?) low right, reverse green and brown, the Bank head office at centre, value at left and right (Ma H13, Cribb 2.45, HK Museum 201), central crease otherwise a fresh and original extremely fine thus very rare as an issued example HK$60,000-80,000

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1521 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 January 1921, no serial numbers, blue and pink-red, arms top centre, the central Praya of Hong Kong at left (built on reclaimed land), shoreline scene at right, printed signature of the Chief Manager, A.G. Stephen, low right, reverse green and brown, the Bank head office at centre, value at left and right (Ma H13s, Cribb 2.45, HK Museum 201), perforated, red SPECIMEN overprint, uncirculated and rare HK$30,000-40,000

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1522 Hong Kong and Shanghai Banking Corporation, $10, 1 July 1913, serial number A 758596, blue and pink-red, arms top centre, the central Praya of Hong Kong at left (built on reclaimed land), shoreline scene at right, manuscript signature low left, printed signature of the Chief Manager, A.G. Stephen, low right, reverse green and brown, the Bank head office at centre, value at left and right (Ma H13, Cribb 2.45, HK Museum 201), pencil date on reverse, an original and bold good very fine thus rare, attractive HK$50,000-60,000

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1523 Hong Kong and Shanghai Banking Corporation, specimen $10, 1 January 1923, no serial numbers, blue and pink-red, arms top centre, the central Praya of Hong Kong at left (built on reclaimed land), shoreline scene at right, printed signature of the Chief Manager, A.G. Stephen, low right, reverse green and brown, the Bank head office at centre, value at left and right (Ma H13, Cribb 2.45, HK Museum 201), perforated, red SPECIMEN overprint and an attractive Waterlow engraving. Good extremely fine and rare HK$30,000-40,000

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1524 Hong Kong and Shanghai Banking Corporation, $10, 1 January 1923, serial number A 596961, blue and pink-red, arms top centre, the central Praya of Hong Kong at left (built on reclaimed land), shoreline scene at right, manuscript signature low left, printed signature of the Chief Manager, A.G. Stephen, low right, reverse green and brown, the Bank head office at centre, value at left and right (Ma H13, Cribb 2.45, HK Museum 201), small chop on reverse, an original and bold good very fine thus rare, attractive HK$50,000-60,000

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1525 Hong Kong and Shanghai Banking Corporation, $10, 1 January 1936, serial number H 169800, blue-green, Ceres top left, arms top centre, manuscript signature low left, printed signature low right (Ma H14), good very fine, scarce HK$1,800-2,200

1526 Hong Kong and Shanghai Banking Corporation, $10 (6), 1966, 1968 (2), 1969, 1975, 1976, green, Ceres and arms at left, (Ma H15), very fine or better (6) HK$800-1,000

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AN EXCESSIVELY RARE SPECIMEN $50 OF 1898

1527 Hong Kong and Shanghai Banking Corporation, specimen $50, 1 March 1898, no serial numbers, violet and pink-orange, arms top centre, value top left and right, printed signature of T. Jackson low right, reverse red and white, arms at centre, value at left and right (Ma H21s, HK Museum 222, Cribb 2.36) a very rare Barclay & Fry engraving, perforated CANCELLED, good extremely fine and extremely rare, a lovely note HK$60,000-80,000

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1528 Hong Kong and Shanghai Banking Corporation, specimen $50, 1 January 1921, no serial numbers, mauve and green, head of the Belvedere Apollo at centre, arms at left, the Great Wall of China at right, value at centre and at each corner, printed signature of A.G. Stephen low right, reverse green and brown, bank head office at centre (Ma H23s, HK Museum 225, Cribb 2.46), perforated, red SPECIMEN overprint, uncirculated and very rare, attractive HK$40,000-50,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1529 Hong Kong and Shanghai Banking Corporation, specimen $50, 1 January 1923, no serial numbers, mauve and green, head of the Belvedere Apollo at centre, arms at left, the Great Wall of China at right, value at centre and at each corner, printed signature of A.G. Stephen low right, reverse green and brown, bank head office at centre (Ma H23s, HK Museum 225, Cribb 2.46), perforated, red SPECIMEN overprint, uncirculated and very rare, attractive HK$40,000-60,000

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AN EXTREMELY RARE ISSUED $50 OF 1923

1530 Hong Kong and Shanghai Banking Corporation, $50, 1 January 1923, serial number A 103003, mauve and green, head of the Belvedere Apollo at centre, arms at left, the Great Wall of China at right, value at centre and at each corner, manuscript signature low left, printed signature of A.G. Stephen low right, reverse green and brown, bank head office at centre (Ma H23, HK Museum 225, Cribb 2.46), a pencil annotation on reverse, solid and original good very fine and very rare as an issued note, attractive HK$50,000-70,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1531 Hong Kong and Shanghai Banking Corporation, specimen $50, 1 October 1927, serial number B 000000, green and multicoloured, maiden (Communication) on winged wheel at left, arms top centre, Sykes signature, reverse green, bank head office and angel at centre (Pick 175as, Ma H24s), first date of issue for type, perforated CANCELLED, good extremely fine and rare HK$8,000-12,000

1532 Hong Kong and 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 H24), oval handstamp at right, fine, one of the earlier ‘duress’ notes for type, rare HK$5,000-7,000

1533 Hong Kong and Shanghai Banking Corporation, $50, 31 March 1977, serial number 020512T-020574T, blue and multicoloured, arms at right (Ma H25), uncirculated and a scarce numbering error HK$8,000-9,000

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A VERY RARE SPECIMEN $100 OF 1904

1534 Hong Kong and Shanghai Banking Corporation, specimen $100, 1 May 1904, no serial numbers, red, a green and red central panel with multiple engine turnings, arms top centre, value at centre and at each corner, printed signature of J.R.M. Smith low right, reverse red and white, an allegorical maiden (Architecture) at centre, value at each corner (Ma H29, HK Museum 239, Cribb 2.43), a Bradbury Wilkinson engraving. Perforated SPECIMEN, uncirculated and very rare HK$50,000-70,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1535 Hong Kong and Shanghai Banking Corporation, specimen $100, 1 January 1906, no serial numbers, red and pale blue, a vignette of Chinese Tea manufacture at left and right, arms top left, value at centre and at each corner, printed signature of J.R.M. Smith low right, reverse red, bank head office at centre, value at each corner (Ma H30s var., HK Museum 240 var., Cribb 2.46). A Waterlow engraving. This date unlisted by either Ma or the Hong Kong Museum, perforated, red SPECIMEN overprint, uncirculated and very rare HK$50,000-80,000

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1536 Hong Kong and Shanghai Banking Corporation, specimen $100, 1 January 1909, no serial numbers, red and pale blue, a vignette of Chinese Tea manufacture at left and right, arms top left, value at centre and at each corner, printed signature of J.R.M. Smith low right, reverse red, bank head office at centre, value at each corner (Ma H30s, HK Museum 240, Cribb 2.46), perforated, red SPECIMEN overprint, uncirculated and rare HK$40,000-50,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1537 Hong Kong and Shanghai Banking Corporation, specimen $100, 1 January 1912, no serial numbers, red and pale blue, a vignette of Chinese Tea manufacture at left and right, arms top left, value at centre and at each corner, printed signature of Stagg low right, reverse green and brown, bank head office at centre, value at each corner (Ma H30s, HK Museum 240, Cribb 2.46), perforated, red SPECIMEN overprint, pinholes and small rust mark top left otherwise uncirculated and rare HK$35,000-45,000

1538 Hong Kong and Shanghai Banking Corporation, specimen $100, 1 January 1921, no serial numbers, red and pale blue, a vignette of Chinese Tea manufacture at left and right, arms top left, value at centre and at each corner, printed signature of A. Stephen low right, reverse green and brown, bank head office at centre, value at each corner (Ma H30s, HK Museum 240, Cribb 2.46), perforated, red SPECIMEN overprint, uncirculated and rare HK$30,000-40,000

1539 Hong Kong and Shanghai Banking Corporation, $100, 1 January 1921, serial number A 105834, red and pale blue, a vignette of Chinese Tea manufacture at left and right, arms top left, value at centre and at each corner, manuscript signature low left, printed signature of A. Stephen low right, reverse green and brown, bank head office at centre, value at each corner (Ma H30, HK Museum 240, Cribb 2.46), VG to fine and very rare as an issued note HK$20,000-30,000

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1540 Hong Kong and Shanghai Banking Corporation, specimen $100, 1 October 1927, serial number B 000000, red and multicoloured, Justitia at left, arms top centre, Sykes signature, reverse red, bank head office and angel at centre (Pick 176as), first date of issue for type, perforated CANCELLED, good extremely fine and rare HK$10,000-15,000

1542 Hong Kong and Shanghai Banking Corporation, $100, 1 July 1937, serial number B 612514, red and multicoloured, Justitia at left, arms top centre, one manuscript and one printed signature below, reverse red, bank building and angel (Ma H31), very fine, scarce HK$5,000-6,000

1541 Hong Kong and Shanghai Banking Corporation, $100, 1 September 1930, serial number B330, 732, red and multicoloured, arms top centre, Justitia at left with books, manuscript signature low left, printed signature of Grayburn low right, reverse red, Bank head office and angel at centre, (Ma H31), about fine HK$4,000-5,000

1543 Hong Kong and Shanghai Banking Corporation, $100, 1 April 1941, serial number B 756, 954, red and multicoloured, arms top centre, Justitia at left with books, two printed signatures below, reverse red, Bank head office and angel at centre, (Ma H31), very fine, scarce HK$3,500-4,500 395

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1544 Hong Kong and Shanghai Banking Corporation, $100, 31 March 1947, serial number C 831834, red and multicoloured, Justitia at left, arms top centre, two printed signatures below, reverse red, bank building and angel (Ma H31), extremely fine, scarce HK$8,000-9,000

1545 Hong Kong and Shanghai Banking Corporation, $100, 1 April 1948, serial number E 562, 291, red & multicoloured, Justitia seated at left with book, arms top centre, value at each corner (Ma H31), presentable very good HK$2,000-3,000

1546 Hong Kong and Shanghai Banking Corporation, $100, 1 April 1948, serial number E698578, red and multicoloured, Justitia at left, arms at top centre, two printed signatures below, reverse red, bank building and angel at centre (Pick 176e, Ma H 31), uncirculated thus rare, a handsome note HK$20,000-25,000

1547 Hong Kong and Shanghai Banking Corporation, $100, 1 April 1948, serial number E 792947, red and multicoloured, Justitia at left, arms top centre, one manuscript and one printed signature below, reverse red, bank building and angel (Ma H31), faint crease at centre otherwise extremely fine, scarce HK$7,000-8,000

1548 Hong Kong and Shanghai Banking Corporation, $100, 1 August 1952, serial number F 537, 838, red and multicoloured, Justitia seated at left with book, arms top centre, value at each corner (Ma H31), good fine HK$3,000-4,000

1549 Hong Kong and Shanghai Banking Corporation, $100, 1 August 1952, serial number F 631472, red and multicoloured, Justitia at left with book, arms top centre, value at centre and at each corner, two printed signatures below, reverse red, bank building and angel at centre, value at left and right (Ma H31), uncirculated, scarce and attractive HK$7,000-9,000

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1550 Hong Kong and Shanghai Banking Corporation, $100, 1 March 1955, serial number F 904, 069, red & multicoloured, Justitia seated at left with book, arms top centre, value at each corner (Ma H31), fresh and original good fine HK$2,000-2,500

1553 Hong Kong and Shanghai Banking Corporation, $100, 1September 1964, serial number 230374 UJ, red and multicoloured, Justitia seated at left, crownd arms top centre, value at centre and at each corner, two printed signatures below, reverse red, bank head office at centre, value at left and right (Ma H32), about uncirculated HK$1,500-2,000

1551 Hong Kong and Shanghai Banking Corporation, $100, 5 September 1956, serial number G 877, 423, red and multicoloured, Justitia seated at left with book, arms top centre, value at each corner (Ma H31), thinning at top, and holes at top right, otherwise good fine HK$2,000-2,500

1554 Hong Kong and Shanghai Banking Corporation, $100, 4 February 1959, prefix J, red, Justitia at left, arms at centre, two printed signatures below, also $100, 31 October 1973, red, arms at left (Ma H31, 33), left margin untidy, very good, last date for type, second note about extremely fine (2) HK$1,000-1,500

1552 Hong Kong and Shanghai Banking Corporation, $100, Hong Kong, 25 February 1958, serial number H207632, red on multicolour underprint, Justitia at left, arms at centre, value at centre and each corner, reverse bank building, angelic herald and values (Ma H31, Pick 176f), PMG 58, choice about uncirculated HK$25,000-30,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1555 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 H42), graffiti at left, good fine, scarce HK$3,000-4,000

1556 Hong Kong and Shanghai Banking Corporation, $500, 31 July 1967, serial number G164227, arms at top centre, two printed signatures below (Ma H42), uncirculated HK$2,500-3,000

1557 Hong Kong and Shanghai Banking Corporation, $500, 11 February 1968, serial number K 666666, purple-brown and blue, Sir Thomas Jackson at right, arms top centre, two printed signatures below, reverse blue, bank building and Ceres (Ma H42), in PMG holder 64, choice uncirculated, EPQ. Superb serial numbers!

HK$80,000-85,000 WWW.SPINK.COM

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January 11-13, 2013 - HONG KONG

1561 Hong Kong and Shanghai Banking Corporation, colour trial $500, 31 October 1973, serial number M000000, blue and multicolour, arms at left, reverse blue and brown, bank building and lion (Pick 186act, Ma H43ct), mounting traces at left, perforated, good extremely fine and rare HK$6,000-8,000

1558 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, (Ma H42), fresh, good very fine HK$2,500-3,500

1562 Hong Kong and Shanghai Banking Corporation, $500, 31 October 1973, serial number N 722946, brown, arms at left (Ma H43, Pick 186a), in PMG holder 64, choice uncirculated HK$3,000-3,500

1559 Hong Kong and 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 (Ma H42), fresh and original good very fine HK$2,000-2,500

1563 Hong Kong and Shanghai Banking Corporation, $500, 1 January 1991, serial number BG 666666, brown, blue and multicoloured, arms at left (Ma H45), in PMG holder 66, gem uncirculared, EPQ, and a rare solid number HK$7,000-8,000 1560 Hong Kong and Shanghai Banking Corporation, $500, 27 March 1969, serial number L589308, (Ma H42) about uncirculated HK$2,000-2,500 399

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1564 Hong Kong and Shanghai Banking Corporation, $500, 1 July 2003, serial number ZZ 000002, brown and yellow, lion at left (Pick 210a), almost extremely fine and a great replacement number HK$5,000-5,500

1566 Hong Kong and Shanghai Banking Corporation, bills of exchange (2), Saigon and Yokohama, 1877, 1881, pink on white paper, bank arms top centre, manuscript date and signatures and with green ‘Credit Lyonnais’ handstamp, also two unissued cheques, one for Penang and one for Kobe, also two unissued Mercantile Bank of India Limited cheques and an American Oriental Banking Corporation cheque, Shanghai issue, generally extremely fine, scarce (7) HK$1,500-1,800

1565 Hong Kong and Shanghai Banking Corporation, $500, 1 January 2009, serial number LX 666666, brown and multicoloured, lion at left (Pick 210e), about uncirculated and a great solid number note, rare HK$1,500-2,000 1567 Hong Kong and Shanghai Banking Corporation, a group of bills of exchange, all Saigon, 1877-1881, 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) HK$3,000-4,000

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MERCANTILE BANK OF INDIA LIMITED A MAGNIFICENT COLOUR TRIAL $5, TYPE OF 1912

1568 Mercantile Bank of India Limited, $5 colour trial, ND (type of 1912), no serial numbers, violet, purple and multicoloured, pagoda on an island, boats in foreground, value at centre and at each corner, Macdonald signature, reverse red, head of Mercury at centre (Pick 235act, Ma M3ct) in PMG 53 about uncirculated. Perforated, red SPECIMEN overprint and a blue Waterlow seal low centre. A lovely note and extremely rare as a colour trial HK$70,000-90,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1569 Mercantile Bank of India Limited, $5, 1 January 1930, serial number 112537, green, purple and pale orange, pagoda on an island, boats in foreground, value at centre and at each corner, two printed signatures below, reverse red, head of Mercury at centre (Pick 235b, Ma M3) in PMG holder 35, NET, choice very fine and rare HK$20,000-25,000

1570 Mercantile Bank of India Limited, $5, Hong Kong, 29 November 1941, serial number 194870, green, pale orange & red, pagodas on island top centre, manuscript signature low left, two printed signatures, reverse red, head of Mercury (Pick 235c, Ma M3) very fine, scarce HK$8,000-10,000

A SUPERB $10 OF 1937

1571 Mercantile Bank of India Limited, $10, Hong Kong, 1 December 1937, serial number 82539, 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 (Pick 236d, Ma M6), central crease, original paper, a lovely fresh example, almost extremely fine and very rare in this grade HK$30,000-40,000 WWW.SPINK.COM

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1574 Mercantile Bank of India Limited, $100, 26 October 1954, serial number 88044, red and multicoloured, pagodas, coastline and mountains at centre, value at centre and at each corner, two printed signatures below, reverse red, head of Mercury at centre, value at each corner (Pick 239d, Ma M16), an original good very fine thus scarce HK$15,000-20,000

1572 Mercantile Bank of India Limited, $100, 10 March 1953, serial number 77257, red and multicoloured, pagodas, coastline and mountains at centre, value at centre and at each corner, two printed signatures below, reverse red, head of Mercury at centre, value at each corner (Pick 239d, Ma M16), slight graffiti on reverse otherwise an original good very fine thus scarce HK$14,000-18,000

1575 Mercantile Bank of India Limited, $100, 4 October 1955, serial numbers 93676, purple and pale orange and pale blue, pagoda on an island, boats and sea view in ornate frame at centre, value at centre and at each corner, two printed signatures below, reverse red, head of Mercury at centre (Pick 239d, Ma M16) in PMG 25, very fine, rare HK$15,000-20,000

1573 Mercantile Bank of India Limited, $100, Hong Kong, 10 March 1953, serial number 85876, red, blue and pale yellow-orange, value at centre left and right, two printed signatures at low centre, reverse red and white, head of Mercury at centre, value at left and right (Pick 239d, Ma M16), central crease, an original fresh and lovely example, good very fine and rare in this condition HK$25,000-30,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1576 Mercantile Bank of India Limited, $100, 3 January 1958, serial number 105626, red and multicoloured, pagodas, coastline and mountains at centre, value at centre and at each corner, two printed signatures below, reverse red, head of Mercury at centre, value at each corner (Pick 239d, Ma M16), an original good very fine thus rare HK$12,000-16,000

1577 Mercantile Bank of India Limited, $100, 20 September 1960, serial number 118318, red and multicoloured, pagodas, coastline and mountains at centre, value at centre and at each corner, two printed signatures below, reverse red, head of Mercury at centre, value at each corner (Pick 239d, Ma M16), slight graffiti, very fine, scarce HK$10,000-12,000

1578 Mercantile Bank Limited, specimen $100, 28 July 1964, serial number A 000000, 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 244as, Ma M17), perforated, black SPECIMEN overprint, uncirculated and scarce HK$4,000-5,000

1579 Mercantile Bank Limited, $100, 28 July 1964, serial number A 003813, 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 M17), almost uncirculated and scarce HK$4,000-6,000

1580 Mercantile Bank Limited, $100 (2), 27 July 1968, 16 April 1970, serial number A 400168, A587511, 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 244c, d, Ma M17), very fine, good very fine (2) HK$2,500-3,000 WWW.SPINK.COM

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STANDARD CHARTERED BANK

1581 Mercantile Bank Limited, specimen $100, 16 April 1970, serial number A 000000, 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 244ds, Ma M17), uncirculated and scarce HK$4,000-6,000

1584 Standard Chartered Bank, $20 (30), 1 January 1994, prefix M, pink, lilac and grey, stylised turtle at right (Ma S18a), uncirculated (30) HK$9,000-12,000

1585 Standard Chartered Bank, $100, 1 January 1994, serial number AN 038474, red and multicoloured, stylised horse at right, reverse red (Ma S37), uncirculated and double printed on reverse, unusual and rare HK$5,000-5,500

1582 Mercantile Bank Limited, $100, 1 November 1973, serial number A 927223, 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, also $100, 4 November 1974, prefix B, red, maiden at left (Pick 244e, 245, Ma M17, 18), almost uncirculated (2) HK$3,000-4,000

1586 Standard Chartered Bank, $100, 1 January 1996, serial number CH 000001, red and multicoloured, stylised horse at right (Pick 287b), in PMG holder 66, EPQ HK$5,000-6,000

1583 Mercantile Bank Limited, $100, 5 October 1965, serial number A175599, red and multicoloured, view of Hong Kong at centre, reverse red, maiden at centre (Pick 243b, Ma M17), very fine HK$3,000-4,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1587 Standard Chartered Bank, $100, 1 January 1996, serial number CH 1000000, red and multicoloured, stylised horse at right (Pick 287b), in PMG holder 66, EPQ HK$5,000-6,000

1588 Standard Chartered Bank, $100, 1 July 2003, serial number DB 444444, red and multicoloured, stylised horse at left (Pick 293), uncirculated and a rare solid number note HK$2,000-2,400

1589 Standard Chartered Bank, specimen $1000, 1 January 1985, serial number A 000000, gold-orange, dragon at right (Ma S47s), low left corner repaired, mounting traces othewise uncirculated and rare HK$2,000-3,000

1590 Standard Chartered Bank, specimen $1000, 1 January 1992, serial number J 0000000, gold and multicoloured, dragon at right (Ma S47s), red specimen overprint, uncirculated, rare HK$9,000-10,000

1591 Standard Chartered Bank, $1000, 1 January 1993, serial number C 000003, gold-orange, dragon at right (Ma S48), uncirculated and a very low number HK$5,000-6,000

1592 A miscellaneous group, comprising Hong Kong and Shanghai Banking Corporation $5, 1958, $10, 1947, Government of Hong Kong, $1 (4), 1956 (three consecutive), Standard Chartered $20, 1994 and a Sino-Scandinavian Bank, 5 yuan, Peking, 1922 (Pick S587), very fine or better (8) HK$1,400-1,600

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January 11-13, 2013 - HONG KONG

KOREA

1593 Bank of Chosen, 100 yen, 1911, red serial number 147019, blue and pale yellow, the God of Fortune at right, reverse brown and pale yellow-brown, value and bank title (Pick 16A), fine and scarce HK$5,000-5,500

1594 Bank of Korea, 500 won, 1952, blue and pale brown, Syngman Rhee (Pick 9), very fine, scarce HK$2,000-2,200

1595 Korea, Railway Bank, one blue, one pale brown both locomotive top centre fine, uncancelled thus very rare (2) HK$25,000-30,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

MACAO

1596 Banco Nacional Ultramarino, 1 pataca (3), 1 January 1910, serial numbers 217787, 227616, 273832, purple and pale blue, value top centre, three printed signatures below, low right, reverse purple and pale blue, arms and value at centre orange, value at centre (Pick 17), a pleasing very fine, fine and almost very fine respectively, three different signature varieties, rare (3) HK$25,000-30,000

1597 Banco Nacional Ultramarino, 5 patacas, 1 January 1924, serial number 188663, green and yellow, arms at centre, junk at right, steamship at left, two printed signatures below, reverse green, head of Mercury at centre (Pick 8), good fine and rare HK$50,000-55,000

1598 Banco Nacional Ultramarino, 50 avos (4), ND (1920), black and pale green, arms top centre, signature low right, reverse orange-brown, value at centre (Pick 12), four different signatures, fine, very fine and two examples an original good very fine, scarce (4) HK$60,000-65,000

1599 Banco Nacional Ultramarino, 50 avos, ND (1942), serial number 0000041, purple and pale green, arms top centre, signature low right, reverse orange, value at centre (Pick 17), almost very fine and a very low number HK$4,000-4,500 WWW.SPINK.COM

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January 11-13, 2013 - HONG KONG

1601 Banco Nacional Ultramarino, 25 patacas, 5 February 1944, serial number 20301, brown and pink, ship seal at left, arms at right, two signatures below, reverse blue and red and pale yellow, arms top centre (Pick 24), slight damage low centre otherwise an original good very fine and very rare HK$35,000-40,000

1600 Banco Nacional Ultramarino, 5 avos, ND (1944), handstamped serial number 077935, red and pale green, arms top left (Pick 180), very fine and rare HK$9,000-10,000

1602 Banco Nacional Ultramarino, 50 patacas, 5 February 1944, serial number 00766, olive green and pale green, ship seal at right, arms at left, two signatures below, reverse purple and pale green, arms top centre (Pick 25), a solid good very fine, rare in this grade and a rare type note HK$40,000-45,000

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BANKNOTES OF CHINA, HONG KONG AND MACAO

AN EXTEMELY RARE 100 PATACAS OF 1944

1603 Banco Nacional Ultramarino, part issued 100 patacas, 5 February 1944, serial number 00149, purple and pale brown, ship seal at right, arms at left, no signatures below, value in pale blue guilloche at centre, reverse purple and pale green, arms top centre (Pick 26), very fine and very rare HK$150,000-160,000

1604 Banco Nacional Ultramarino, a specimen set of fractional notes comprising 2, 5, 10 and 20 avos, 19 January 1952, all zero serial numbers, all arms low centre (Pick 40s-43s), ink numerals top right, perforated, red SPECIMEN overprint, uncirculated and rare (4) HK$10,000-11,000 WWW.SPINK.COM

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1605 Banco Nacional Ultramarino, a partially hand executed obverse and reverse essay on card for a 5 patacas, 8 April 1968, zero serial numbers, brown and multicoloured, Carneiro low right, ship seal at left, arms low centre, reverse brown and pink, maiden and ships at centre, value in pink at left and right (Pick 49 for type), probably the finished prototype for the issue, date unrecorded. Unique and charming HK$5,000-8,000

1606 Banco Nacional Ultramarino, specimen 10 patacas (3), 20 November 1958, serial numbers 280001350000, 350001-45000, 450001-60000 respectively, blue and multicoloured, De Carneiro at right, arms low centre, value at centre and at each corner, reverse blue and multicoloured, maiden and ships, ship seal at left (Pick 52ct), perforated, mounting traces otherwise uncirculated, rare (3) HK$7,000-8,000

1607 Banco Nacional Ultramarino, 10 patacas, 12 May 1984, serial number MC 111111, brown and multicoloured, lighthouse at right (Pick 64), uncirculated, a rare solid number HK$1,600-2,000

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1608 Banco Nacional Ultramarino, stage proof 10 patacas, date, serial numbers and signatures omitted on first, balance background detail only (Pick 64 for type), uncirculated, and rare (7) HK$5,000-5,500

1609 Banco Nacional Ultramarino, colour trial 10 patacas, ND (1963), zero serial numbers, dark green and lilac, Carneiro at right, arms low centre, reverse green, maiden and ships, ship seal at left (Pick 50ct), perforated, red SPECIMEN overprint, uncirculated and rare HK$3,500-4,500

1610 Banco Nacional Ultramarino, 25 patacas, 20 November 1958, serial number B000321, brown and multicolour, De Camoes at right, arms at low centre, reverse brown and lilac, maiden and ships (Pick 46a), fresh and original, good extremely fine, rare in this grade HK$10,000-12,000

1611 Banco Nacional Ultramarino, specimen 25 patacas, 20 November 1958, serial numbers B000000, brown and multicoloured, De Camoes at right, arms low centre, reverse brown, maiden and ships at centre, also another example with no serial numbers or signatures (Pick 46s), ink date ‘12/12/58’ in top margin, one overstamp in red ESPECIME and one perforated SPECIMEN, good extremely fine and rare (2) HK$10,000-14,000

1612 Banco Nacional Ultramarino, specimen 50 patacas, 1 September 1976, zero serial numbers, blue-grey and pale green, De Camoes at right, arms low centre, also a colour trial of the same note, ND, red and multicoloured (Pick 56s, 56ct), perforated, red SPECIMEN overprint, uncirculated and rare (2) HK$12,000-16,000

1613 Banco Nacional Ultramarino, specimen 50 patacas (2), 8 August 1981 and ND (1981), serial number KA 00000 and no serial numbers respectively, lilac and multicoloured, De Camoes at right, arms low centre, reverse blue, the ‘Baia da Praia Grande’ at centre, ship seal at left (Pick 60as), ink date ‘13-10-81’ in top margin of second note, red SPECIMEN overprint on first note, uncirculated and rare (2) HK$5,000-7,000

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1614 Banco Nacional Ultramarino, specimen 50 patacas, 1 September 1976, zero serial numbers, blue-grey and multicoloured, Carneiro at right, arms low centre, reverse blue-grey, maiden and ships at centre, ship seal at left (Pick 47s), soft crease top left otherwise uncirculated and scarce HK$3,500-4,000

1617 Banco Nacional Ultramarino, specimen 100 patacas (4), 12 May 1984, prefixes NK/NL/NM/NN 000001-750000 blue and multicoloured, Camilo Pessanha at right, arms low centre, reverse blue, the ‘Baia da Praia Grande’ at centre, ship seal at left (Pick 61as), ink numeral in top margin, red ESPECIME overprint, uncirculated and rare (4) HK$7,000-9,000

1615 Banco Nacional Ultramarino, specimen 100 patacas, 1 August 1966, zero serial numbers, brown and pale green, da Silveira at right, reverse brown, pale green and pink, archway at centre, arms at left (Pick 51s), perforated, red SPECIMEN overprint, uncirculated, scarce HK$6,000-8,000

1618 Banco Nacional Ultramarino, specimen 100 patacas (4), 12 May 1984, prefixes NP/NQ/NR/NS 000001-750000 blue and multicoloured, Camilo Pessanha at right, arms low centre, reverse blue, the ‘Baia da Praia Grande’ at centre, ship seal at left (Pick 61as), ink numeral in top margin, red ESPECIME overprint, uncirculated and rare (4) HK$7,000-9,000

1616 Banco Nacional Ultramarino, specimen 100 patacas (4), 12 May 1984, prefixes NF/NG/NH/NJ 000001-750000 blue and multicoloured, Camilo Pessanha at right, arms low centre, reverse blue, the ‘Baia da Praia Grande’ at centre, ship seal at left (Pick 61as), ink numeral in top margin, red ESPECIME overprint, uncirculated and rare (4) HK$7,000-9,000

1619 Banco Nacional Ultramarino, specimen 100 patacas (4), 12 May 1984, prefixes NT/NU/NV/NW 000001-750000 blue and multicoloured, Camilo Pessanha at right, arms low centre, reverse blue, the ‘Baia da Praia Grande’ at centre, ship seal at left (Pick 61as), ink numeral in top margin, red ESPECIME overprint, uncirculated and rare (4) HK$7,000-9,000 413

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1620 Banco Nacional Ultramarino, specimen 100 patacas (4), 12 May 1984, prefixes NX/NY/NZ 00001-75000 blue and multicoloured, Camilo Pessanha at right, arms low centre, reverse blue, the ‘Baia da Praia Grande’ at centre, ship seal at left (Pick 61as), ink numeral in top margin, red ESPECIME overprint, uncirculated and rare (3) HK$6,000-8,000

1621 Banco Nacional Ultramarino, specimen 500 patacas, 20 November 1958, serial numbers 000601-001220, olive green and multicoloured, De Camoes at right, arms low centre, reverse olive green and lilac, maiden and ships at centre (Pick 48s), ink date ‘12/12/58’ in top margin, perforated SPECIMEN, good extremely fine and rare HK$7,000-8,000

1623 Banco Nacional Ultramarino, colour trial 500 patacas, ND (1963), zero serial numbers, blue and multicoloured, Carneiro at right, arms low centre, value at centre and at each corner, reverse blue and multicoloured, maiden and ships, ship seal at left (Pick 52ct), perforated, red SPECIMEN overprint, uncirculated, attractive and rare HK$12,000-16,000

1622 Banco Nacional Ultramarino, specimen 500 patacas, ND (1958), no serial numbers, olive green and multicoloured, De Camoes at right, arms low centre, reverse olive green and lilac, maiden and ships at centre (Pick 48s), ink date ‘12/12/58’ in top margin, creased thus an original good very fine, rare HK$3,000-4,000

1624 Banco Nacional Ultramarino, specimen 500 patacas, ND (type of 1963), no serial numbers, green and multicoloured, Carneiro at right, arms low centre, also a partially printed trial of the same note, ND, green and multicoloured (Pick 57As), ink date in top margin ‘31.10.72’ creased, good very fine and very rare (2) HK$4,000-5,000

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1625 Banco Nacional Ultramarino, specimen 500 patacas, 8 April 1963, zero serial numbers, green and multicoloured, Carneiro at right, arms low centre, value at centre and at each corner, reverse green and multicoloured, maiden and ships, ship seal at left (Pick 52s), perforated, red SPECIMEN overprint, numeral top right margin, uncirculated, attractive and rare HK$7,000-9,000

1626 Banco Nacional Ultramarino, specimen 500 patacas, 24 April 1979, zero serial numbers, green, also specimen 10 patacas, 1977, blue, and specimen 5 patacas, 1976, brown, all Carneiro at right (Pick 57As, 55s, 54s), hand stamped number in margin, perforated, uncirculated and scarce (3) HK$10,000-12,000

1628 Banco Nacional Ultramarino, specimen 500 patacas, 1984, serial number NL 000000, green and multicoloured, De Morais at right, arms low centrereverse background colour only, also another example with background colour only on obverse but reverse fully printed (Pick 62as for type), additional numbers printed on obverse (in error?), red SPECIMEN overprint, annotation in top margin, uncirculated and rare (2) HK$8,000-12,000

1627 Banco Nacional Ultramarino, specimen 500 patacas, 24 April 1979, zero serial numbers, green and multicoloured, Carneiro at right, arms at low centre (Pick 57As), ink numeral at top right, perforated, uncirculated and scarce HK$5,000-7,000

1629 Banco Nacional Ultramarino, specimen 500 patacas, 12 May 1984, serial number NL 00000, green and multicoloured, De Morais at right, arms low centre, reverse background colour only, also two other examples with background colour only on obverse and reverse (Pick 62as for type), annotation in top margin, red ESPECIME overprint and additional serial numbers at centre, unusual, about uncirculated and rare (3) HK$5,000-7,000 415

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BANKNOTES OF CHINA, HONG KONG AND MACAO

1630 Banco Nacional Ultramarino, specimen 500 patacas, 12 May 1984, serial number NP 000001-NP 75000, green and multicoloured, De Morais at right, arms low centre, reverse background colour only, also another example with background colour only on obverse but reverse fully printed (Pick 62as for type), annotation in top margin, about uncirculated and rare (2) HK$4,000-5,000

1631 Banco Nacional Ultramarino, specimen 500 patacas, 12 May 1984, serial number NQ 00001-NQ 75000, green and multicoloured, De Morais at right, arms low centre, reverse background colour only, also another example with background colour only on obverse but reverse fully printed (Pick 62as for type), annotation in top margin, about uncirculated and rare (2) HK$4,000-6,000

1632 Banco Nacional Ultramarino, 10, 20, 50, 100,500 and 1000 patacas, 1991-1996, landmarks and national symbols at right, value at each corner, reverse city view and bridge (Pick 65a, 66a, 67a, 68a, 69a, 70a), uncirculated (6) HK$3,000-4,000

1633 Chan Tung Cheng Bank, Macao, $10, pink and black and $50, green and pale yellow, very fine (2) HK$1,500-2,000

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PENANG

1634 Chartered Bank of India, London and China, $5, Penang, 4 April 1881, serial number 11190, black and white, value in blue underprint at centre, arms top centre, value top left and right, reverse black and white, value at left and right (Pick S131, C.C. Chan p.56, Tan CM7), contemporarily split and rejoined, manuscript ‘Cancelled 2/1/15 paid’ across face of note, two oval bank stamps, fine, attractive and very rare, date unrecorded in Pick.

HK$20,000-30,000

1635 Chartered Mercantile Bank of India, London and China, $5, Penang, 2 January 1884, serial number 30833, black and white, value in blue underprint at centre, arms top centre, value top left and right, reverse black and white, value at left and right (Pick S131, C.C. Chan p.56, Tan CM7), manuscript ‘Cancelled 29/6.04’ across face, almost fine and very rare, an attractive Perkins Bacon engraving HK$20,000-30,000 417

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BANKNOTES OF CHINA, HONG KONG AND MACAO

TIMOR

1636 Banco Nacional Ultramarino, Timor, 10 patacas, 1 January 1910, serial number 17169, blue and green, three printed signatures below, reverse arms at centre (Pick 3), top right corner repaired otherwise fine to very fine, scarce HK$3,000-3,500

1637 Banco Nacional Ultramarino, Timor, 20 patacas, 1 January 1910, serial number 02080, green and pale grey-pink, three printed signatures below, reverse arms at centre (Pick 4), some ‘improvement’, fine to very fine, scarce HK$3,500-4,500

1638 Banco Nacional Ultramarino, Timor, 5 patacas, 1 January 1924, serial number 232265, green and orange, ship at left, junk at right, arms top centre, black PAGAVEL EM TIMOR top centre, reverse green, Mercury at centre (Pick 10), repaired, good very fine, scarce in this grade HK$6,000-7,000

END OF THE SALE

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WRITTEN BIDS FORM This form should be sent or faxed to the Spink auction office in advance of the sale.

References for new clients should be supplied in good time to be taken up before the sale. Bids received later than one hour before the start of the sale may not be processed.

SALE LOCATION AND AUCTION OFFICE 9/F Malaysian Consulate Building, 50 Gloucester Road, Hong Kong tel +852 25 300 100 fax +852 25 266 128 email: china@spink.com

BANKNOTES BONDS & SHARE CERTIFICATES AND COINS OF CHINA AND HONG KONG

NAME ______________________________________________________

69 Southampton Row, Bloomsbury, London WC1B 4ET ADDRESS ____________________________________________________ tel: +44 (0)20 7563 4034 fax: +44 (0)20 7563 4037 ____________________________________________________________ email: auctionteam@spink.com (until 10 January 2013) ____________________________________________________________ YOU CAN ALSO BID IN REAL TIME ON SPINK LIVE.

POSTCODE ___________________________________________________

11-13 JANUARY 2013

JUST VISIT WWW.SPINK.COM TO REGISTER

HONG KONG

SALE TITLE

DATE

CODE NAME

SALE NO.

Banknotes, Bonds & Share Certificates and Coins of China, Hong Kong and Other Territories

Friday 11 January 2013 at 6.00 p.m.

Saturday 12 and Sunday 13 January 2013 at 10.00 a.m.

CONFUCIUS

13005

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 payable will be the sum of the final bid and a premium as a percentage of the final bid. The Rate of Premium is 20% of the final hammer price of each lot.

All bids shall be treated as offers made on the Terms and Conditions for Buyers printed in the catalogue. 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. If you require such notification then this is available on bids made via Spink live bidding service.

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)

––––––––––––––––––––––––––––––––––––––––––––––

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––

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TEL. HOME

______________________________________________

TEL. OFFICE ____________________________________________

____________________________________________________

E-MAIL ________________________________________________

SIGNATURE _______________________________________________

VAT NUMBER ___________________________________________

FAX

Please indicate the type of card:

V ISA

V ISA DEBIT

MASTERCARD

SWITCH

AMERICAN EXPRESS

PAYMENT MADE BY MASTERCARD OR VISA IS SUBJECT TO A 3% SURCHARGE AND AMERICAN EXPRESS 4% CARD NO: SIGNATURE

START DATE: EXPIRY DATE

ISSUE NO:

SECURITY CODE:

NAME (ON CREDIT CARD)

Please charge all purchases to my card Do not charge my card. I will arrange to send payment. (Spink will only charge your card should you default on the payment terms agreed) Please hold my purchased lots for collection

Continued ...

DATE

SALE NO.

Friday 11 January 2013 at 6.00 p.m., Saturday 12 and Sunday 13 January 2013 at 10.00 a.m.

13005

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)

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 HK$10,000 to HK$30,000

by HK$50

by HK$100 HK$3,200-HK$3,500HK$3,800-HK$4,000 etc.

by HK$500

by HK$1,000

HK$30,000 to HK$60,000

HK$32,000-HK$35,000HK$38,000- HK$40,000 etc.

HK$60,000 to HK$200,000 by HK$5,000 HK$200,000 and up Auctioneer's discretion

Lot Number (in numerical order)

Price Bid HK$ (excluding Buyer’s Premium)

It is the responsibility of the Buyer to be aware of any Import Duties that may be incurred upon importation to the final destination. The onus is also on the Buyer to be aware of any Customs import restrictions that prohibit the importation of certain collectibles.

REFERENCES REQUIRED FOR CLIENTS NOT YET KNOWN TO SPINK

TRADE REFERENCES

BANK REFERENCES

________________________________________________________________________________________ _____________________________________________________________________________________________________

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SPINK “ON THE GO” TECHNOLOGY

Spink are pleased to provide our clients with What you can expect from the Spink app: exciting mobile technology which allows you to Download auction catalogues straight to your take Spink with you no matter where on the globe device, which are then viewable while online or you may be. The Spink iPhone/iPad application, offline. which is available free of charge from the iTunes Search all available lots in sales. store, is simple to download! Once installed the programme will download the latest auction View lots individually and zoom in on important item details. catalogue instantly upon opening the application!

Share images, lots or entire auction catalogues We do hope you find these tools useful! Should you with friends via email, Twitter or Facebook. have any further questions or suggestions on how Email the Spink Concierge directly from your we can improve our technology in an effort to assist device to leave bids or receive a quick reply to any our clients, please contact Berdia Qamarauli, Head query you may have. of IT at Spink on bqamarauli@spink.com.

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TERMS AND CONDITIONS FOR BUYERS These conditions set out the terms on which we Spink China Limited 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.

2

3

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.

VAT

Value added tax chargeable under the Value Added Tax Act in the United Kingdom and any similar replacement or additional tax.

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.

BEFORE THE SALE 3.1

Examination of goods You are strongly advised to examine personally any goods in which you 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 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.

3.3.3 Other than as set out in clause 5.10, 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. Any warranty of any kind whatsoever is excluded by this clause.

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 5.10 of these Terms and Conditions and the provisions of clause 5.10 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.

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.

3.4.4

We will not normally 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.

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4.9

AT THE SALE 4.1

Refusal of admission We have the right, exercisable at our complete discretion, to refuse admission to the premises or attendance at an auction.

4.2

4.3

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.

Up to HK$1,000 HK$1,000 to HK$3,000 HK$3,000 to HK$6,000

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.

HK$6,000 to HK$10,000 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

Bidding as Principal When making a bid, 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

All commission bids should be sent to 69 Southampton Row, Bloomsbury, London, WC1B 4ET, UK or 9/F Malaysian Consulate Building, 50 Gloucester Road, Hong Kong up till 24 hours prior to the sale.

4.5

On-line Bidding

4.6

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.

Telephone Bids If you make arrangements with us not less than 24 hours before the sale, we shall use reasonable endeavours 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.

Currency Converter At some auctions, a currency converter will be operated, based on the one month forward rates of exchange quoted to us by Barclays Bank 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.

by HK$50

by HK$100 HK$3,200-HK$3,500HK$3,800- HK$4000

by HK$500

by HK$1,000 HK$32,000- HK$35,000HK$38,000- HK$40,000 etc.

by HK$5,000 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.

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 endeavours 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.

4.7

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:

5

AFTER THE AUCTION 5.1

5.2

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. Import VAT and Refunds (Only for Lots shipped back to the United Kingdom) 5.2.1 Import VAT of 5% will be levied on the Hammer Price of all Lots that are shipped back to the United Kingdom after the sale.

5.2.2 Import VAT refunds 5.2.1 As we remain liable to account for import VAT on all Lots unless proof of export is held, you will be asked to deposit all amounts of import VAT invoiced. However, if a Spink nominated shipper is instructed, then any refundable import VAT will not be collected. In all other cases, credits will be made when proof of export is provided.

5.2.2 If you export the Lot from the United Kingdom you must return the valid proof of export certificate to us within 30 days of export. If you fail to return the proof of export certificate to us within such period and you have not already accounted to us for the import VAT, you will be liable to us for the full amount of the import VAT due on such Lot and we shall be entitled to invoice you for this sum.

5.2.3 To apply for a refund of any import VAT paid, the proof of export certificate must be sent to our accounts department clearly marked ‘import VAT refund’ within 30 days of export. No payment will be made where the total amount of import VAT refundable is less than HK$ 650.00.

5.2.4 Where an EU buyer purchases a Lot on which import VAT has been charged, no refund of import VAT is available from us.

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5.3

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5.3.1

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 licence is (or may be) required.

5.3.2

You will not acquire title to the Lot until all amounts due to us have been paid in full to us, even in circumstances where we have released the Lot to you.

5.3.4

5.7

Remedies for non-payment or failure to collect purchases 5.7.1

(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.

5.7.1.2 to set off against any amounts which the Spink Group may owe you in any other transaction the outstanding amount remaining unpaid by you; 5.7.1.3 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;

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.

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.

5.4.1

Unless we specifically agree to the contrary, we shall retain items sold until all amounts due to us, or to the Spink Group, have been paid in full.

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.

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.

5.7.1.4 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; 5.7.1.5 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.

5.7.2

Recommended packers and shippers 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.

If you fail to make payment within thirty-five days, we shall in addition be entitled: 5.7.2.1 to cancel the sale of the Lot or any other item sold to you at the same or any other auction; 5.7.2.2 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 5.7.2.3 take any other appropriate action as we deem fit.

5.8

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.

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.

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: 5.7.1.1 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;

Collection of Purchases

5.4.3

5.6

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

Payment should be made in Hong Kong Dollars by one of the following methods:

(iii)

5.5

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Payment

5.3.3

5.4

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5.9

Export Licence 5.9.1

You should always check whether an export licence is required before exporting.

5.9.2

Unless otherwise agreed by us in writing, the fact that you wish to apply for an export licence does not affect your obligation to make payment within seven days nor our right to charge interest on late payment.

5.9.3

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 licence is required.

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5.10 Refund in the case of Forgery 5.10.1 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: 5.10.1.1 you must notify us in writing, within seven days of the auction date, that in your view the Lot concerned is a forgery;

7

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 despatch.

8

ADDITIONAL PROVISIONS 8.1

8.2

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.

5.10.1.2 you must then return the item to us within fourteen days, in the same condition as at the auction date; and 5.10.1.3 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.

5.10.2 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.

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.

8.3

5.10.3 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.

Waiver 8.3.1

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.

8.3.2

Unless specifically provided otherwise, rights arising under these Terms and Conditions are cumulative and do not exclude rights provided by law.

5.10.4 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

COPYRIGHT 6.1

6.2

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.

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.

8.4

Law and Jurisdiction 8.4.1

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.

8.4.2

The parties 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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GROUP CHAIRMAN AND CEO Olivier D. Stocker

SALE CALENDAR 2013

YOUR SPECIALISTS STAMPS UK - Tim Hirsch Guy Croton David Parsons Nick Startup Neill Granger Paul Mathews Dominic Savastano Tom Smith USA - George Eveleth EUROPE - Guido Craveri Fernando Martínez CHINA - Anna Lee Johnny Sang COINS UK - Paul Dawson Richard Bishop William MacKay Barbara Mears John Pett Eleanor Charlotte Dix USA - Stephen Goldsmith Matthew Orsini Normand Pepin CHINA - Mark Li BANKNOTES, BONDS & SHARES UK - Barnaby Faull Mike Veissid Andrew Pattison Tom Badley USA - Stephen Goldsmith Matthew Orsini CHINA - Mark Li ORDERS, DECORATIONS, MEDALS & MILITARIA UK - Mark Quayle Oliver Pepys BOOKS UK - Philip Skingley Bobby McBrierty AUTOGRAPHS USA - Stephen Goldsmith WINES

STAMPS 13 January 13 January 23 January 23 January 24 January 24 January 19 February 20 March 17 April 15 May 5 June 10/11 July 10 September 11 September 21 September

The Mizuhara Collection of Korean Stamps Fine Stamps and Covers of China and Hong Kong The Award Winning “Medina” Collection of India Part I. The Award Winning “Medina” Collection of Ceylon The “Lionheart” Collection of Great Britain and British Empire Specimen Stamps The Collector's Series Sale The Hutson Collection of New South Wales The Award Winning “Medina” Collection of Cape of Good Hope The Collector’s Series Sale The Award Winning “Medina” Collection of India Part II. Specialised Great Britain Sale The Collector’s Series Sale The Award Winning “Medina” Collection of India and States Part III. The Award Winning “Medina” Collection of Great Britain Stamps and Covers of South East Asia

Hong Kong Hong Kong London London London London London London London London London London London London Singapore

13008 13009 13021 13022 13010 13011 13023 13024 13031 13025 13026 13027 13028 13029 13030

Banknotes, Bonds & Share Certificates and Coins of China, Hong Kong and Other Territories The Collector’s Series Sale Ancient, British & Foreign Coins and Commemorative Medals The Collector’s Series Sale Ancient, British & Foreign Coins and Commemorative Medals Tibetan Coins from the Nick Rhodes Collection The Collector’s Series Sale North East Indian Coins from the Nick Rhodes Collection Ancient, British & Foreign Coins and Commemorative Medals

Hong Kong New York London New York London Hong Kong New York London London

13005 316 13012 316 13013 13020 317 13019 13015

Banknotes, Bonds & Share Certificates and Coins of China, Hong Kong and Other Territories The Collector’s Series Sale World Banknotes The Collector’s Series Sale The Collector’s Series Sale World Banknotes

Hong Kong New York London New York New York London

13005 316 13004 316 317 13018

Orders, Decorations, Campaign Medals & Militaria Orders, Decorations, Campaign Medals & Militaria Orders, Decorations, Campaign Medals & Militaria

London London London

13001 13002 13003

Banknotes, Bonds & Share Certificates and Coins of China, Hong Kong and Other Territories The Collector’s Series Sale Bonds and Share Certificates of the World The Collector’s Series Sale The Collector’s Series Sale Bonds and Share Certificates of the World

Hong Kong New York London New York New York London

13005 316 13016 316 317 13017

The Collector’s Series Sale The Collector’s Series Sale The Collector’s Series Sale

New York New York New York

An Evening of Exceptional Wines

Hong Kong

COINS 11/12/13 January 15/16 January 27 March 22/23 May 27 June 22 August 28/29 August 24 September 3 December

CHINA - Anna Lee Guillaume Willk-Fabia BANKNOTES

YOUR EUROPE TEAM (LONDON - LUGANO) Chairman’s Office Dennis Muriu Monica Kruber Directors Tim Hirsch Anthony Spink Auction & Client Management Team Miroslava Adusei-Poku Sandie Maylor Charles Blane Luca Borgo Rita Ariete Sarah Schmitz María Martínez Maurizio Schenini Finance Alison Bennet Marco Fiori Mina Bhagat Alison Kinnaird Billy Tumelty Claire Greenhill IT & Administration Berdia Qamarauli Attila Gyanyi Liz Cones Curlene Spencer John Winchcombe Harry Gladwin Tom Robinson Cristina Dugoni Giacomo Canzi YOUR AMERICA TEAM (NEW YORK) Chairman Emeritus John Herzog Auction Administration and Marketing & Design Lori Lewin Patricia Gardner Emily Cowin Clyde Townsend Finance & Administration Sam Qureshi Ingrid Qureshi

11/12/13 January 15/16 January 9/10/11 April 22/23 May 28/29 August 1/2 October

MEDALS 25 April 25 July 21 November

BONDS AND SHARES 11/12/13 January 15/16 January 17 May 22/23 May 28/29 August 28 November

AUTOGRAPHS 15/16 January 22/23 May 28/29 August

316 316 317

Auctioneers Stephen Goldsmith WINES

YOUR ASIA TEAM (HONG KONG - SINGAPORE) Vice Chairman Anna Lee Administration Amy Yung Dennis Chan Newton Tsang Raymond Tat Gary Tan

13 January

The above sale dates are subject to change Spink offers the following services: – VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS – – SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

SFW02

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BANKNOTES, BONDS & SHARE CERTIFICATES AND COINS OF CHINA AND HONG KONG BANKNOTES, BONDS & SHARE CERTIFICATES

AND COINS OF CHINA AND HONG KONG

11-13 JANUARY 2013

69 Southampton Row, Bloomsbury, London WC1B 4ET www.spink.com

HONG KONG

© Copyright 2013

R

STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES

11-13 JANUARY 2013

HONG KONG