Stack's Bowers & Ponterio
May 2020 Hong Kong Auction 4-6 May 2020
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CHINA--FOREIGN BANKS. Mercantile Bank of India Limited. 1 Dollar, 1924. P-S446. PMG Very Fine 20.
(S/M#S54-2). Shanghai. A difficult issuer when considering 1920's series dates and this wonderful W&S design shows with a detailed vignette of a Junk with hilltop pagoda in the background. Orange and green micro-printed under-print and very even circulation throughout. PMG comments "Ink Stamp."
Estimate: $900.00- $1500.00
(S/M#S54-2). Shanghai. A difficult issuer when considering 1920's series dates and this wonderful W&S design shows with a detailed vignette of a Junk with hilltop pagoda in the background. Orange and green micro-printed under-print and very even circulation throughout. PMG comments "Ink Stamp."
Estimate: $900.00- $1500.00