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Hong Kong Signature Currency Sale 4034  11 Dec 2021
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Lot 26441

Estimate: 12 000 USD
Price realized: 7500 USD
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Japan Bank of Japan 200 Yen ND (1927) Pick 37Bs JNDA 11-41 Specimen PMG Choice Uncirculated 63 Net. An incredibly rare and historically important Specimen, this type was issued as a result of Japan's 1927 financial crisis. Many factors in the preceding years came to fruition in 1927, which lead the Bank of Japan to issue their entire stock of new and circulated banknotes. The Bank of Japan closed for two days, and an emergency printing of 50 and 200 Yen banknotes ensued. They were hastily created in order to meet cash demands. Because of the haphazard and rushed printing method, the quality of these emergency issues was so subpar that the 50 Yen was never released. The 200 Yen were only issued for two days. This handsome Specimen is of that ill-fated emergency type. Red "Mi-hon" overprints and hole-punched cancellations are noted on this original example. A rust paper clip dent and a few edge nicks do not detract from the overall appearance of this rare type. At the time of cataloging, there are only a total of eleven examples registered in the PMG Population Report with only three examples in Uncirculated condition. This is an important opportunity to acquire an incredibly rare Specimen from a financially disastrous time in Japanese history. https://currency.ha.com/itm/world-currency/japan-bank-of-japan-200-yen-nd-1927-pick-37bs-jnda-11-41-specimen-pmg-choice-uncirculated-63-net/a/4034-26441.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4034-12112021 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved

Estimate: 12000-18000 USD
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