World Currency
China Mercantile Bank of India Limited, Shanghai 1 Dollar 1.7.1924 Pick S446 S/M#S54-2 PMG About Uncirculated 55 EPQ. A handsome and popular initial denomination, this type is scarce in all grades. The small serial noted on this example indicates that the scope of release and circulation for this private issue type was limited. Surviving examples are very rare, especially with an EPQ status. This denomination is unique to China, as Hong Kong releases began at 5 Dollars, which makes this design especially collectable. https://currency.ha.com/itm/world-currency/china-mercantile-bank-of-india-limited-shanghai-1-dollar-171924-pick-s446-s-m-s54-2-pmg-about-uncirculated-55-e/a/4034-26242.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4034-12112021 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 2000-3000 USD