Stack's Bowers & Ponterio
January 2019 NYINC Auction 11-12 Jan 2019
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CHINA--FOREIGN BANKS. Mercantile Bank of India, Limited. 5 Dollars, 1916. P-S442. PMG Very Fine 20 Net. Repaired.
An elusive design which was printed by Waterlow and Sons, this 5 Dollar note shows even circulation around the edges of the note, with a hard fold noticed vertically. Still pleasing green and yellow colors are observed on the face of the note, with a nice medium blue design on the obverse. PMG comments "Repaired" which can be observed at the harsher points of circulation. PMG Very Fine 20 Net. Repaired.
Estimate: $1750.00- $2250.00
An elusive design which was printed by Waterlow and Sons, this 5 Dollar note shows even circulation around the edges of the note, with a hard fold noticed vertically. Still pleasing green and yellow colors are observed on the face of the note, with a nice medium blue design on the obverse. PMG comments "Repaired" which can be observed at the harsher points of circulation. PMG Very Fine 20 Net. Repaired.
Estimate: $1750.00- $2250.00