CHINA. Military issues. National Government Ministry of Finance Treasury Certificates.
10 Yuan 1927, 31. January - 1927, 30. July. Reverse: Red seal. 1 Yuan 1928, 31. January-1928, 30. July. Reverse: Red seal. 5 Yuan 1928, 31. January-1928, 30. July (2). 10 Yuan 1928, 15. January-1928, 15. July. Pick -. Ting 670-, 670-1-670-3. III+ - -I / Good very fine-about uncirculated. (5)
(~€ 180/USD 215)
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• When delivered in Switzerland, this lot is subject to the margin taxation scheme in accordance with article 24a of the Federal Act on Value Added Tax (22.5% buyer's premium incl. statutory VAT).
S. P. Ting, Taipei (1981) writes: In 1927, in order to raise funds to meet the military expenses for the Northern Expedition, the Ministry of Finance of the National Government issued Treasury Certificates for a total amount of 30 million dollars. [...] Within a period less than three months, the Northern Expedition Force captured Hunan, Hupeh and Kiangsi Provinces.