Stack's Bowers & Ponterio
May 2020 Hong Kong Auction 4-6 May 2020
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CHINA--REPUBLIC. Central Bank of China. 20 Cents, 1946. De La Rue Giori S.A. Test Note Sheets. About Uncirculated.
3 pieces in lot. A trio of test sheets, seen with a uniface 20 Cent sheet, another 20 Cent sheet seen with the same design on face and back, and a TDLR Giori S.A. 20 Cent sheet, which would later be turned into P-395 with Chiang Kai Shek added to the face of the note. Small tears are noticed in the margins of the sheets, however this does not affect the design. A more desirable and tougher combination to find for these sheets being that they are printed on US Paper.
Estimate: $600.00- $1200.00
3 pieces in lot. A trio of test sheets, seen with a uniface 20 Cent sheet, another 20 Cent sheet seen with the same design on face and back, and a TDLR Giori S.A. 20 Cent sheet, which would later be turned into P-395 with Chiang Kai Shek added to the face of the note. Small tears are noticed in the margins of the sheets, however this does not affect the design. A more desirable and tougher combination to find for these sheets being that they are printed on US Paper.
Estimate: $600.00- $1200.00