1485
Republic. Union Preparation Bank. 20-Cents Printers Essay, undated. Women on the left, dragon
on the right, red specimen counterstamps in Chinese characters. Printed on watermarked paper with
wide margins and a colour bar at the top (Pick -). In PMG holder graded Gem UNC-66 EPQ, Note
Unaffected by Issues in Selvage, a beautiful obverse proof design and a handsome specimen of this
Japanese puppet issue.
$ 3,500
1486
Republic. Banknote Portrait Vignette Patterns of President Yuan Shi-Kai as used on various banknotes
(3), undated (c.1914-1916). Three small vignettes pasted on a large hardboard envelope with red ink
annotations. Printed by ABNC. First vignette is of the portrait designed for Salt Industrial Bank,
numbered as “Special C-422”. The other two vignettes are patterns ordered by the Bank of China
(which functioned as the central bank at the time), they are numbered “Special C-425” and “Special C-
396” (later changed to “V42505”), the second was later used on the Bank of China banknotes. A group
of modern notes which demonstrate the use of these vignettes are included in the lot (Pick -). All very
well preserved, generally extremely fine to about uncirculated. (3)
$ 3,000
The Salt Industrial Bank was founded in 1914 by President Yuan Shih-Kai’s sister-in-law’s brother Zhang Zongfang. This
design with the president’s military bust right was ordered in 1915 by Zhang and was supposed to be used on the notes the
following year. However, the president died in 1916 with a ruined reputation and therefore this design was abandoned.
1487
People’s Republic. First Series of RMB. 5-Yuan (3), 1949. Consecutive serial nos.43285504-43285506
(Pick 813a; S/M C282-21). All in PMG holders graded Choice AU58, a well matched set with very
slight visible traces of circulation, all have choice ink qualities and would be graded UNC if not for
the light stains. (3)
$ 1,500
