Stack's Bowers & Ponterio
March 2019 Hong Kong Auction 25-27 Mar 2019
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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.
Estimate: $700.00- $1000.00