80C - page 135

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bid online at
(800) 978-COIN (2646)
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Session Eight - Wednesday, June 4, 2014 10:00 AM
4007
China - Republic. 3-Piece Set of Military Treasury Bonds
issued by Ministry of Finance, 1927
. Consist of: 1 Dollar,
PMG AU-55 Net
, S/M # T182-1; 5 Dollars,
PMG Choice AU-
58
, S/M # T182-2; 10 Dollars,
PMG AU-55, S/M # T182-3.
All notes are lightly circulated but no crease or damage. Rare
and unlisted in Pick. A lot of 3 notes.
The decade from 1927 to 1937 was called the "Golden 10
Years" of the Republic of China. The wars and civil conflicts
since 1840 stopped temporarily in these 10 years. China got a
chance to rebuild the domestic economy and modernize the
industrial structure. During this period of time, Shanghai
emerged to be the new financial center of Far East. Due to the
recovery of the domestic economy, the confidence of investors
came back, and bonds and other financial products issued by
the government or other financial institutions started to become
popular.
The 3 bonds offered here were issued at the beginning of this
great recovery, with the signature of the famous finance minis-
ter T. V. Soong (also known as Song Ziwen or Paul Soong), who
earned international reputation for financing the American Mer-
cenary Group --- the "Flying Tigers" during the later war against
Japan. Would be great addition to collectors who loves the fas-
cinating history of Republic of China.
Estimated Value .......................................................$400-UP
4008
China - Republic. 3-Piece Set of Interest Bearing Trea-
sury Notes, 1920 to 1921
. Consist of: 1920 ½ Yuan Note,
PMG AU-50 Net
, Pick # 626b, S/M # T185-1b; 1920 1 Yuan
Note,
PMG AU-50 Net,
Pick # 627c, S/M # T185-10c; 1921 5
Yuan Note,
PMG EF-40 Net
, Pick Unlisted, S/M T185-11c. All
rare notes nicely conserved with clear inscription. A lot of 3
notes.
Estimated Value .......................................................$400-UP
4009
China - People's Republic. 10 Yuan (No Watermark),
1949 First Series of RMB
. Pick # 816a, S/M C282-23. This
note has almost no trace of circulation or damage, and would
be a nice addition to the collection of the higher bidder.
PMG
graded Choice AU-58.
Estimated Value ................................................... $200 - 300
4010
China - People's Republic. 20 Yuan (Thick Paper), 1949
First Series of RMB
. Pick # 821a, S/M # C282-32, R & H
Below Bridge. Very close to gem and with a pastel original eye
appeal. Rare and popular in this condition.
PMG graded
Choice UNC-64, Exceptional Paper Quality.
Estimated Value ................................................... $500 - 600
4011
China - People's Republic. 50 Yuan (6 Digit S/N), 1949
First Series of RMB
. Pick # 829a, S/M # C282-35. A crease in
the middle, still a brilliant piece for this popular type.
PMG
graded AU-53, Rust.
Estimated Value .................................................$800 - 1,000
4012
China - People's Republic. 100 Yuan, 1949 First Series of
RMB
. Pick # 836a, S/M # C282-46. This note has the excep-
tional paper quality for the grade, and there's no trace of circu-
lation at all.
PMG graded Choice AU-58.
Estimated Value ................................................... $200 - 300
4013
China - People's Republic. 100 Yuan (Stars), 1949 First
Series of RMB
. Pick # 832a, S/M # C282-44. A crease in the
middle and other minor creases visible.
PMG graded VF-30.
Estimated Value ................................................... $200 - 300
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