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Stack's Bowers & Ponterio
March 2019 Hong Kong Auction  25-27 Mar 2019
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Lot 60067

Starting price: 360 USD
Price realized: 1200 USD
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CHINA. Yunnan Sanchuo Jieding. Provincial Three Stamp Remittance Ingots. Silver 4.5 Tael Bank Ingot, 12th Month. VERY FINE.
170.19 gms. cf.BMC-Class LXVI Group H #780. Gong Gu Tong Kan Qi (Checked by public assayer Tong). "Li Yuan Xin Hao La Yue Wen Yin" (Liyuanxin Bank, 12th month fine silver). Outer stamps well applied, while the central stamps are weak in areas. Moderate earthen deposits throughout with light attractive mottled patina.

This particular type of packsaddle ingots was widely used and was made during nearly the entire history of the use of packsaddle ingots in Yunnan. The reason for stating the month of manufacture was to keep track of payments being made by Yunnan remittance banks to entities in other provinces, or over a far distance which may take several months to arrive. In this way an agreed upon payment could be made at an agreed upon time despite the uncertainty of travel time. No

Estimate: $600.00- $800.00

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