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Stack's Bowers & Ponterio
August 2018 Hong Kong Auction - Sess. A-D  6-8 Aug 2018
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Lot 50110

Starting price: 1800 USD
Price realized: 2400 USD
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CHINA--PUPPET BANKS. Hua-Hsing Commercial Bank. 10 Yuan, ND (1938). P-J99a. PMG Fine 12 Net. Environmental Damage.
(S/M#H184-13) Water salvaged. A catalog number we have yet to handle as these notes are genuinely rare and seldom are offered. All known examples from this series were salvaged at sea and correspondingly show environmental damage, as listed on the holder. These banknotes are generally all in VG to Fine grades with any claims of finer material likely being faulty. The piece shows with still ample detail and blue color of the back and is largely problem free given the banknotes history. An essential piece for any comprehensive collection of Chinese Puppet Banks. PMG Fine 12 Net. Environmental Damage.

Estimate: $3000.00- $5000.00
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