1477
Republic. Chartered Bank of India, Australia & China. Hankow. 10-Dollars, 1924 (Pick S160;
S/M Y11-31a). In PMG holder graded VG-10 Net, Repaired, Minor Rust, a split in the vertical crease
now repaired on the reverse, horizontal crease, otherwise still with vivid details, especially the very
clear signature of the accountant.
Very rare, even in this grade.
$ 1,200
1478
Republic. Chinese-American Bank of Commerce. Shanghai. Dollar, 1920. (Pick S235c; S/M C271-2d).
In PMG holder graded VF-20 Net, Foreign Substance (only two examples graded by PMG for the variety
and this is the better example), the crossed creases have caused some discolouration but the vivid
details of the original design can still be made out, especially the beautiful scene of Statue of Liberty.
A classic rarity of the foreign bank issues and very difficult to locate in any grade.
$ 1,500
1479
Republic. Mercantile Bank of India Ltd. 10-Dollars, 1916 (Pick S443; S/M S54-4). In PMG holder
graded Choice Fine-15 Net, Adhesive, Ink, Splits, with ink inscription and stamp on both sides, several
major creases in the middle, but the details, are still very well presented, especially the waterfront scene in
the centre, stains and splits as expected for the grade.
A rare and popular piece even in low grades.
$ 2,500
