Stack's Bowers & Ponterio
December 2015 Hong Kong Auction - Sess. A-C 8-9 December 2015
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CHINA--EMPIRE. Yuan Dynasty. 2 Kuan, 1287. P-NL. PCGS BG Genuine. Repair, Major Parts and Ink Added.
(S/M#C167-1) Large vertical format printed on mulberry paper. 20 strings of cash coins at center with large red stamped seal over. Bank name, top center. Ornate bordering design and text at lower center with additional stamped seal. A note that predates the famous Ming Dynasty notes by nearly 100 years. This is the first of such a note we have seen and certainly will be a focal point in any collection it enters. The Yuan Dynasty lasted from 1271 to 1368 with two emperors with Kublai Khan being in power during this notes circulation period. This note is a miracle of survival and presents one of the most significant Chinese banknote offerings we have handled. A slightly smaller format than the later Ming Dynasty One Kuan note and is with a blank back, aside from a few stamped seals. The note is without an assigned grade from PCGS BG with just a Genuine designation applied. Close inspection reveals several heavy restorations including pieces and ink being added. The only other note of the middle ages we have handled from China other than the frequented One Kuan Ming notes was a 400 Cash Ming Dynasty note which brought $119,500 as lot 32001 in our April 2014 Hong Kong sale. Certainly our estimate may seem conservative after the hammer falls. PCGS BG Genuine. Repair, Major Parts and Ink Added.
Estimate: $40000.00- $60000.00
(S/M#C167-1) Large vertical format printed on mulberry paper. 20 strings of cash coins at center with large red stamped seal over. Bank name, top center. Ornate bordering design and text at lower center with additional stamped seal. A note that predates the famous Ming Dynasty notes by nearly 100 years. This is the first of such a note we have seen and certainly will be a focal point in any collection it enters. The Yuan Dynasty lasted from 1271 to 1368 with two emperors with Kublai Khan being in power during this notes circulation period. This note is a miracle of survival and presents one of the most significant Chinese banknote offerings we have handled. A slightly smaller format than the later Ming Dynasty One Kuan note and is with a blank back, aside from a few stamped seals. The note is without an assigned grade from PCGS BG with just a Genuine designation applied. Close inspection reveals several heavy restorations including pieces and ink being added. The only other note of the middle ages we have handled from China other than the frequented One Kuan Ming notes was a 400 Cash Ming Dynasty note which brought $119,500 as lot 32001 in our April 2014 Hong Kong sale. Certainly our estimate may seem conservative after the hammer falls. PCGS BG Genuine. Repair, Major Parts and Ink Added.
Estimate: $40000.00- $60000.00