(t) CHINA--EMPIRE. Imperial Bank of China. 5 Dollars, 1904. P-A55a. S/M#C293-20. PMG Fine 12 Net. Repaired.
Shanghai. Printed by BWC, with imprint at bottom. Just five examples of this rare pick variety have been graded by PMG, at the time of cataloging. The front of the note depicts two facing dragons at top center, with Confucius standing at right and the text is in English. The reverse of the note displays a multi-colored design, with a seal at left, Confucius at right and dragons at top center with the text in Chinese. We are pleased to present the ultra-rare issued example tonight to our bidders. Expect fierce competition to take this prize home, as it may be sometime before another example is offered publicly. PMG comments "Repaired."
Estimate: $6000 - $8000