Archives International Auctions Sale 35 | Banknote Auction

Chinese, Asian & Worldwide Banknotes,
Chinese Scripophily & Coins
Sale 35
Fall Auction 2016
September 26, 2016 in Fort Lee, NJ

COVER_Layout 1 2/1/15 7:32 PM Page 1

SALE 35
featuring
CHINESE, ASIAN & WORLDWIDE BANKNOTES, CHINESE SCRIPOPHILY & COINS
TO BE SOLD AT PUBLIC AUCTION:
in FORT LEE, NEW JERSEY
SESSION 1 (Lots 1 to 266):
CHINESE, ASIAN & WORLDWIDE BANKNOTES & SCRIPOPHILY
Monday, September 26th, 2016 beginning at 10:30 AM Local Time
SESSION 2 (Lots 267 ato 746):
WORLDWIDE BANKNOTES & SCRIPOPHILY
Monday, September 26th, 2016 beginning no earlier than 2:30 PM Local Time
by Archives International Auctions, LLC
Numismatic and Philatelic Auctioneers
1580 Lemoine Avenue Suite 7
Fort Lee, New Jersey 07024-5600 USA
phone : 201-944-4800 fax : 201-871-4345
email : info@archivesinternational.com
www.archivesinternational.com

DR. ROBERT I. SCHWARTZ
President
DESCRIPTIONS
Dr. Robert I. Schwartz -- President
CATALOG PRODUCTION
Leroy Mitchell – Vice President of Production & Director of Operations
David Conway
Debra Schwartz, Robert Schwartz,
Alfred Henry, Denise Feinberg
AUCTIONEER
Norman R. Scrivener, License #695072
I am dedicating Archives International Auctions, Part 35 to my wonderful, loving wife, Debra
and my amazing son, Daniel. I also want to acknowledge my mother, Tillie Schwartz and
my in-laws Flora and David Perskie in this long term project.
This ongoing catalog series would not be possible without their love and support.
I would also like to thank my good friends Norman Scrivener, Larry Schuffman, Bob Kerstein,
Scott Winslow, Russell Kaye, Steve Goldsmith, Mahdi Bseiso, David Coogle and Larry Gibson
for their help, advice and moral support during the writing and production of this catalog.
In addition, I want to thank David Conway and Debra Schwartz for their amazing technical help
in completing this catalog as well as keeping their sense of humor throughout the entire
cataloging time period. I would also like to acknowledge my hard working team at AIA for another
great job and I especially want to thank Leroy Mitchell, for his continuous friendship and extreme
patience during the process of the completion of the thirty-fifth volume
of the Archives International Auction Series.
Bob Schwartz
Archives International Auctions, LLC
1580 Lemoine Avenue Suite 7
Fort Lee, New Jersey 07024-5600 USA
phone : 201-944-4800 fax : 201-871-4345
email : info@archivesinternational.com
www.archivesinternational.com

On behalf of the entire Archives International Auctions team, I would like to personally welcome you
to our 35th auction we have held over the last nine years. We are privileged to offer another large
and varied selection of Chinese & Worldwide Banknotes, Scripophily, Coins and Security Printing
Ephemera including hundreds of rare and exciting banknotes and numismatic items that seldom if ever
come up for auction. There will be items of interest for every level of collector, specialist or dealer.
Included in the auction are over 740 lots of Chinese and Worldwide Banknotes that will be offered in
two sessions on Monday, September 26th, 2016. The auction will include over 180 lots of rare and
desirable Chinese banknotes with many rarities included that are rarely offered at auction. We are
also offering a wide range of banknotes from numerous countries that should attract the serious
collector loo ing for those hard to find varieties that rarely if ever sho up at auction or are
overloo ed y most other auction firms
We are privileged to offer a number of collections that are fresh to the collecting community that have
been off the market for over 30 to 50 years. We will also offer additional selections from the
Silicon Valley Collection as well as the Hamtramck Collection, both having been put together between
the s to s y passionate collectors and never having een offered previously at auction
We are in the process of completing our October and December 2016 auctions of U.S. & Worldwide
Banknotes, Scripophily, Coins, and Security Printing Ephemera including additional selections from the
Silicon Valley Collection of worldwide banknotes. We are the exclusive auctioneer for the Wall Street
Coin, Currency & Scripophily Bourse to be held at the Museum of American Finance in NYC on
cto er st to rd ith the first auction session to e held at the on aturday cto er nd
and the second auction session to e held at our offices in ort ee on uesday cto er th
We are still seeking consignments for our upcoming 2016-17 auctions including our October and
December dates. I would like to thank everyone who has participated in our previous sales and has
helped make this auction series a resounding success. We are looking forward to another
exciting auction and hope you enjoy our current offerings.
Best of luck,
Bob Schwartz
foreword

Archives International Auctions Phone: (201) 944-4800; FAX: (201) 871-4345
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method for a uyer s remium f you id through e ay ive or nvalua le s idding portal there is
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VIEWING TIMES AND APPOINTMENTS: At our offices at 1580 Lemoine Ave., Fort Lee, NJ
ednesday eptem er st hursday eptem er nd riday eptem er rd et een until
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here ill e a uyers premium added to all successful purchases
through our ive and a sentee e site idding portal from our e site or i ollector
here ill e a uyers premium added to idders through nvalua le and eBayLive
ayment y redit ard or y ay al ill have a urcharge added an ires ill have a charge
added as ell as all currency conversion and additional an charges
INSTRUCTIONS FOR PAYMENT BY WIRE TRANSFER:
ame of an an of merica outing um er ift ode
ccount ccount itle rchives nternational
SCHEDULE:
SESSION 1: CHINESE, ASIAN & WORLDWIDE BANKNOTES AND CHINESE SCRIPOPHILY
onday eptem er th at ocal in ort ee ime
(Lots 1 to 266)
SESSION 2: WORLDWIDE BANKNOTES, COINS & SCRIPOPHILY
onday eptem er th eginning no earlier than ocal in ort ee ime
(Lots 267 to 746)

Key to Catalog_Layout 1 4/21/14 10:03 PM Page 1

table of contents
SESSION 1: Monday, September 26th, 2016
beginning no earlier than 10:30 AM
LOTS 1-266
AFGHANISTAN….1
ANTARCTICA….2
ARGENTINA…3-1
ARMENIA…12
AUSTRALIA…. 13-16
AUSTRIA & HUNGARY…17
AZORES ….18
BAHAMAS…..19-22
BARBADOS….23-24
BELGIAN CONGO…25-27
BELGIUM….28
BELIZE….29
BERMUDA….30-31
BOLIVIA…..32-37
BOTSWANA….38
BRAZIL…39-46
BRITISH GUIANA….47
BRITISH NORTH BORNEO…..48-49
BULGARIA…. 50-51
BURMA….52-53
BURUNDI…54-55
CANADA…. 56-68
CAPE VERDE…69
CENTRAL AFRICAN STATES…70
CHILE….71-73
CHINA…. 74-266
CHINA-EMPIRE…. 74-77
CHINA-REPUBLIC…. 78-150
CHINA AND JAPAN INFLUENCE…. 151-152
CHINA-FOREIGN BANKS…. 153-174
CHINA-PROVINCIAL…. 175-197
CHINA-MILITARY….198- 200
CHINA-PRIVATE & LOCAL BANKS…. 201-218
CHINA-TAIWAN…..219- 229
CHINA SECURITY PRINTING EPHEMERA…. 230-231
CHINA-COINS…. 232-234
CHINA-REFERENCE BOOKS….235
CHINA SCRIPOPHILY…. 236-266
beginning no earlier than 2:30 PM
LOTS 267-746
COLOMBIA…. 267-282
COMOROS…283
CONGO, DEMOCRATIC REPUBLIC…. 284-286
COSTA RICA…. 287-289
CUBA…. 290-296
CYPRUS…. 297-305
DANISH WEST INDIES….306-307
DANZIG…308-310
DENMARK…. 311
DOMINICAN REPUBLIC….312-324
EAST AFRICA….325-326
EAST CARIBBEAN STATES…327-328
ECUADOR…. 329-333
EGYPT…. 334-335
EL SALVADOR…. 336-341
ENGLAND…. 342-350
EQUATORIAL GUINEA…. 351
ERITREA….352
ESTONIA…. 353-355
ETHIOPIA…. 356-361
FALKLAND ISLANDS…..362-363
FANNING ISLAND….364
FIJI…. 365-366
FINLAND…. 367-368
FRANCE…. 369-379
FRENCH AFARS & ISSAS…380
FRENCH ANTILLES….381
FRENCH EQUATORIAL AFRICA…. 382
FRENCH GUIANA…. 383
FRENCH INDO-CHINA…. 384-386
FRENCH SOMALILAND…. 387
FRENCH WEST AFRICA…. 388-389
GERMAN EAST AFRICA….390-392
GERMANY…. 393-395
GERMANY-FEDERAL REPUBLIC…. 396-397
GERMANY – PROPAGANDA NOTES…. 398
GIBRALTAR…. 399
GREECE…. 400-411
GUADELOUPE…. 412

table of contents
SYRIA…698
TAJIKISTAN…699
THAILAND….700
TIMOR….701
TRANSNISTRIA…702
TRINIDAD & TABAGO….703-705
TURKEY…706-712
UGANDA….713-714
UKRAINE…715-717
URUGUAY…718-722
VANUATU….713
VENEZUELA….714
VIET NAM…725-735
WEST AFRICAN STATES….736
WESTERN SAMOA….737
YEMEN ARAB REPUBLIC…738-741
YUGOSLAVIA…742-744
ZAMBIA….745
U.S. & WORLD COINS…..746
beginning no earlier than 2:30 PM
LOTS 267-746
GUATEMALA…. 413-421
HAITI…422-426
HAWAII….427
HONDURAS…..428-431
HONG KONG…. 432-434
HUNGARY…. 435-436
ICELAND…. 437-441
INDIA…. 442
INDONESIA…. 443-448
IRAN…. 449-461
IRAQ…. 462-465
IRELAND…. 466-468
ISLE OF MAN….469-475
ISRAEL…. 476
ITALIAN STATES….477-478
ITALY…479-483
IVORY COAST….484
JAMAICA….485
JAPAN…. 486-492
JERSEY….493-499
CZECHOSLOVAKIA…500
KOREA……501-507
KUWAIT….508
LAOS…. 509
LATVIA…. 510-517
LEBANON….518-520
LIBYA….521
MACAU…. 522-523
MALAYA…. 524-528
MALAYSIA….529
MALI…. 530-532
MARTINIQUE…533
MAURITIUS…. 534-537
MEXICO…. 538-557
MOZAMBIQUE…558-559
NEPAL….560-561
NETHERLANDS ANTILLES…. 562
NETHERANDS NEW GUINEA…. 563
NEW CALEDONIA…564-567
NEW HEBRIDES…..568
NEWFUNDLAND….569
NICARAGUA…. 570-573
NORTH KOREA…. 574
NORTH VIETNAM…575
OMAN…. 576-577
PAKISTAN…. 578
PALESTINE…579
PANAMA….580
PAUA NEW GUINEA….581-584
PARAGUAY….585
PERU…. 586-590
PHILIPPINES…. 591-601
POLAND…. 602
PORTUGAL…603
PORTUGUESE INDIA…. 604
PUERTO RICO….605-608
RHODESIA…. 609-613
RHODESIA & NYASALAND…614
SOUTHERN RHODESIA…615
RUSSIA….616-646
SAINT HELENA…647
SAINT TOMAS & PRINCE…648
SARAWAK….649-60
SAUDI ARABIA…651
SCOTLAND…. 652-655
SERBIA…656-658
SEYCHELLES…. 659-660
SIERRA LEONE…661
SLOVAKIA…662
SOUTH AFRICA…663-665
SOUTH KOREA…..666-683
SOUTH VIETNAM…684-685
SPAIN….686-690
SRI LANKA…691
STRAITS SETTLEMENTS…692
SUDAN…. 693-694
SWAZILAND….695
SWITZERLAND….696-697

Archives International Auctions - Sale 35
1September 26, 2016 Archives International Auctions www.archivesinternational.com
FOREIGN BANKNOTES
Afghanistan
1
1 Afghanistan, Pre-Rebellion,Treasury, 1919 Error Note. Error note,
partially printed on face, back is complete. ��Est. $50-100
Antarctica
2
2 Antarctica Overseas Exchange Office Ltd., Donation Currency
with Images Courtesy of NASA. Lot of 7 donation notes with the
face value of $188. All have different Antarctica photographs and images
stressing the conservation and importance of the Antarctic. All in
Uncirculated. ��Est. $170-250
Argentina
3
3 Banco Comercial De Corrientes, 1867 Issue Banknote. Argentina.
6 1/4 centesimos, P-S1571r, Remainder banknote, Black on blue paper,
rooster in middle, back blank, unpriced in SCWPM, AU condition.
Unusual denomination. ��Est. $110-200
4
4 Banco Del Rio De La Plata, 1868 Issued banknote. Provincia de
Entrerios, Argentina, 1 Real, P-S1832a, Issued banknote, Black on off-
white paper, steer in middle, back blank, Choice XF to AU condition with
evidence on the left border of previous mounting with a small tear due
to mounting removal, Scarce note in high grade. ��Est. $90-150
5
5 Lezica y Lanus, 1870 Issued Banknote. Argentina Occupation
of Paraguay, 10 Pesos Fuertes, P-S185, Issued banknote, Black and
blue on pink paper, back blank, AU condition, attractive and scarce
note. ��Est. $120-240
6
6 Banco Nacional. 1888Specimen Issue. Argentina. P-S1093as. Uniface
face specimen, unlisted in this form. Sarsfield and female allegory at left
end. Perforated SPECIMEN. With pencil R notation on back. Extremely
Fine to AU with the appearance of better.��Est. $400-600
Chinese, Asian Worldwide Banknotes,
Chinese Scripophily Coins
SESSION 1 (LOTS 1-266)
September 26, 2016 - 10:30 a.m. et

Archives International Auctions - Sale AIAXXXV
2 September 26,2016 Archives International Auctions www.archivesinternational.com
7
7 Republica Argentina, 1895 Progressive Face Proof. Buenos Aires,
Argentina. 1895. 10 Centavos, P-228 Unlisted Partially engraved Proof
of uniface front. No back. Red “CANCELLED” overprint. Cut down
to banknote size. Uncirculated condition. Rarely seen progress proof.
BWC.��Est. $110-200
8
8 Republica Argentina, La Nacion, 1897 Unlisted Printer’s Design
Essay Group of 4. Argentina, 10 Pesos, P-Unlisted, Uniface face and
back essays of progress proofs of unlisted design with corresponding
underprints, all in black, Design and printed by French printer, Rare with
only 2 examples known to cataloger. AU condition. (4 pieces).��Est. $300-500
9
9 Republica Argentina, La Nacion, 1897 Unlisted Printer’s Design
Essay Group of 4. Argentina, 1000 Pesos, P-Unlisted, Uniface face and
back essays of progress proofs of unlisted design with corresponding
underprints, all in black, Design and printed by French printer, Rare with
only 2 examples known to cataloger. AU condition. (4 pieces).��Est. $400-600
10
10 Republica Argentina, ca.1900 Unlisted Printer’s Design Essay.
Argentina, 100 pesos, Uniface face and back essays of progress proofs of
unlisted design, The face and back are graded PMG Choice Uncirculated
64 EPQ. Design and printed by French printer, V.Michel SC. Rare with
only 2 examples known to cataloger.��Est. $200-400
11
11 Banco Central de Republica Argentina, ND (1962-69) Specimen.
Argentina, 5000 Pesos, P-280s, Specimen, Muestra overprint on face and
back, brown, Pin-punch “Sin Valor”, Choice XF to AU with some light
toning. Scarce as specimen. ��Est. $75-150
Armenia
12
12 Government Bank, Yerevan and Armenian Socialist Soviet
Republic issues. Armenia. Government Bank, Yerevan. 10 Rubles.
P-2a (trimmed), 15. Very Fine, Very Good, tear, repair; 1920 Issue. 50,
100 Ruble. P-30, 31. About Uncirculated and Fine; Armenian Socialist
Soviet Republic. 25,000 Rubles. P-S681b. Very Good - Fine. 5 pieces. (The
Silicon Valley Collection)��Est. $110-200

Australia
13
13 Commonwealth of Australia ND (1918) Issue Banknote. Australia,
1 Pound, P-1d, Issued, Dark blue on m/c, Cerutty | Collins signatures,
back blue on m/c with miners, Choice VG to Almost Fine condition with
large even borders and margin with small edge faults 4 small holes in
center due to paper splits, S/N B 407443 J, Scarce note in any condition.
��Est. $800-1200
14
14 Commonwealth of Australia ND (1933-38) Issue Banknote.
Australia, 1 Pound, P-22a, Issued, King George V at right, black on
green on m/c, Riddle | Sheehan signatures, back green, VF condition
with large even borders and margin, sharp corners and bright
colors. ��Est. $325-500
15
15 Commonwealth of Australia, ND (1961-65) High Grade Issued
Banknote. Australia, 10 Shillings, P-33a, R17, Issued, Brown on m/c
underprint, S/N AG/98 266655, PMG graded Gem Uncirculated 65
EPQ, Sign. Title Governor R.B.A., not usually found this nice and should
command a premium bid. ��Est. $450-600
16
16 Commonwealth of Australia, ND (1961-65) Sequential Banknote
Trio. Australia. No date(1961-65), 1 Pound, P-34a, issued banknotes, S/N
HH/94 069282 - 069284. Coombs - R.Wilson signatures, attractive note
with Queen Elizabeth on right, All would grade Uncirculated but have
minor issues, all with light rust stains on the top and bottom middle
margins and one with a small tear in the right margin, all with sharp
corners and bright colors. ��Est. $130-200
Austria-Hungary
17
17 Austria-Hungary WW I P.O.W. Camp Scrip Trio, ca.1915-1918.
Theresienstadt Prisoner of War Scrip Notes lot of 3. Includes 10 Heller,
AU, C 1473; 20 Heller, Unc., C 1474 and 1 Krone, AU, C 1475, Attractive
and scarce trio of notes from a camp that was converted during WWII
into the notorious concentration camp.��Est. $180-250
Azores
18
18 Banco de Portugal -Azores. 1909 Issue. Azores. 2-1/2 Mill Reis. P-8a.
30.6.1909. Bold black overprints on each side. Graded PMG Choice Fine
15.��Est. $600-900
Bahamas
19
19 Bahamas Government, L.1919 (1930) Issue Banknote. Bahamas,
4/- Shillings, P-5, Issued banknote, green on pink and m/c, King George
V at right, palm trees with harbor scene and ship at left, back green,
Choice VG to Fine with a small 2mm to 3mm piece of the top right
corner tip missing, small edge tears on the top margin, still a very scarce
note in any condition. WS.��Est. $325-600

20
20 Bahamas Government, 1936 Issue Banknote. Bahamas, £5,
P-12b, issued, blue-violet on m/c underprint, King George VI at
right, back m/c, VF condition with bright colors and sharp corners.
TDLR.��Est. $250-400
21
21 Government of the Bahamas. 1965 Issue. Bahamas. 5 Dollars. P-20a.
Elizabeth II at left, two signatures. Government House on back. Graded
PMG Extremely Fine 40. ��Est. $140-200
22
22 Bahamas Monetary Authority. 1968 Issue. Bahamas. 1/2 Dollar.
P-26s. Elizabeth II at left, straw market on back. Red SPECIMEN
overprint on each side. TDLR. Very Choice Uncirculated.��Est. $65-120
Barbados
23
23 Government of Barbados, 1943 Issue Banknote. Barbados, $1,
Issued, green on brown on m/c, King George VI at right��Est. $140-200
24
24 Government of Barbados, 1949 Issue Banknote. Barbados,
1st January, 1949. $1, P-2c, Issued, King George VI at right, VF,
BWC.��Est. $110-180
Belgian Congo
25
25 Banque Du Congo Belge, 1914 Issue Banknote. Matadi, Belgian
Congo, 1 Franc, P-3B, Issued banknote, S/N 0492809 Black on light Red
underprint, Woman seated with sheaves and wheel, back orange-yellow,
XF with a light stain on bottom right, still extremely attractive and scarce
in this high of grade, WS.��Est. $300-500
26
26 Banque Du Congo Belge, 1942 Issue Banknote. Belgian Congo,
5 Francs, P-13, Issued banknote, Deuxieme Emission - 1942, S/N
E034363Red on green underprint, Woman seated with child by beehive,
back red with elephant, XF to Choice XF with bright colors, sharp
corners, and large even margins, WS.��Est. $300-500

27
27 Banque Du Congo Belge, 1950 Issue Banknote. Belgian Congo,
50 Francs, P-16h, Issued banknote, Emission 1960, Black on m/c, VF,
attractive with leopard at back, ABNC.��Est. $250-350
Belgium
28
28 Banque Nationale De Belgique, 1945 Banknote Belgium,
500 Francs, P-127a, Issued, Brown on red-brown, Signatures Frer -
Sontag, PMG graded Choice Very Fine EPQ with the appearance
of XF. ��Est. $160-250
BELIZE
29
29 Government of Belize 1974-76 Issue Color Trial Banknote. Belize,
ND (1974-76), $1, P-33cts, Color Trial Specimen, Blue on m/c instead
of issued green on m/c, Red specimen overprint and POC’s. S/N 046,
PMG graded Superb Gem Uncirculated 67 EPQ, Only one graded by
PMG and extremely high grade that will be impossible to improve upon.
A trophy for any Belize collector. ��Est. $450-600
Bermuda
30
30 Bermuda Government, 1937 Banknote Pair. Bermuda, Lot of 2
notes, Includes 5 Shillings, P-8b, VF and 10 Shillings, P-10b, Choice VF to
XF with large even margins, sharp corners and bright colors, attractive
banknote pair. BWC.��Est. $250-350
Bermuda Note Rarity - This Denomination
was not supposed to be released.
31
31 Bermuda Monetary Authority, 2007 Issue Banknote Rarity.
Bermuda, 7 May 2007, $2, P-50 b, Issued banknote, Blue on m/c, Queen
Elizabeth II on right, back m/c with map of Bermuda and harbor scene,
Gem Uncirculated with exceptional embossing. This amazing note was
never supposed to be released. A fortunate purchase by a tourist has
provided all of the examples known. This will always be a key Bermuda
issue and is sure to attract intense bidding. The last one sold at auction
hammered for $1,100. ��Est. $500-1000
Bolivia
32
32 Banco Nacional De Bolivia, 1892 Issued Banknote. Bolivia, 1
Boliviano, Series TT, P-S211b, Issued banknote, Black on orange and
yellow, AU with evidence of handling. Attractive and scarce note. ABNC.
��Est. $75-150
33
33 Banco Comercio, 1900 Issued Banknote. Bolivia, January 1st, 1900, 5
Bolivianos, P-S132, Issued, Black on light green, Allegorical woman with
child and cornucopia at left, portrait at right, back green with arms at
center, S/N A 005059, Choice VG to Fine with small edge faults, small
nicks in middle top and bottom margins where there is a strong fold,
Attractive and rare. BWC.��Est. $350-600

34
34 Banco Industrial de la Paz, 1900 Proof Banknote. La Paz, Bolivia, 5
Bolivianos, P-S152p, Face proof only, black on orange and light yellow,
PMG graded Gem Uncirculated 66 EPQ, Attractive note rarely seen as a
proof. ABNC.��Est. $240-350
35
35 Vale de Tesoreria De La Republica De Bolivia, 1902 Proof
Banknote. Bolivia, Lot of 2 pieces (face and back), 50 centavos, Includes
P-91,black on light green underprint. Face and back proofs, Choice to
Gem Uncirculated, the face proof has a small chips missing on the large
card border far from design. ABNC. ��Est. $140-200
36
36 Banco De La Nacion Boliviana, 1911 Proof Banknote Pair. Bolivia,
Lot of 4 pieces (2 notes of face and backs each), Both are 5 Bolivianos,
Includes P-105, with no undertint and P-106 with m/c underprint.
Face and backs in Choice to Gem Uncirculated, one of the face proofs
has a small chip missing on the large card border far from design.
ABNC. ��Est. $180-250
37
37 El Banco Central De Bolivia 1928. La Paz. P-118; 120; 121; 122. 1 to
20 Bolivianos. 4 different specimen banknotes. Specimen banknote. Red
specimen overprint, “00000” serial numbers and POC’s. Choice to gem
uncirculated condition. ABNC. ��Est. $350-500
Botswana
38
38 Bank of Botswana, ND (1976)Official Specimen Set. Botswana, Lot
of 5 notes, all are from the 1976 series but were officially printed with
prefix A/1 and zero serial numbers, Includes 1 Pula to 20 Pula, P-1s to
P-5s, All are in Uncirculated to Gem Uncirculated, all with either red or
black specimen overprints and POC’s. This is not the Franklin mint issue
but an official government issue. Rare in this format.��Est. $180-250
Brazil
39
39 Imperio Do Brasil, 1870, Estampa 5, Issued banknote. Brazil, 1 Mil
Reis, P-A244, Issued, Black on green, back green, S/N 44797, VF, ABNC.
Attractive for the grade. ��Est. $350-500
40
40 Republica dos Estados Unidos do Brazil. 1900 ND Issue. Brasil. 2
Mil Reis. P-11a. Woman at right end. Estampa 9a. Colorful underprint.
ABNC. Very Fine, edge tone and rust.��Est. $180-300

41
41 Republica Dos Estados Unidos do Brazil, 1916, Estampa 14A,
Issued banknote. Brazil, 50 Mil Reis, P-56, Issued, Black on m/c, back
green, Seated allegorical women flank central denomination counter,
Fine to Choice Fine, ABNC.��Est. $200-300
42
42 Republica Dos Estados Unidos Do Brazil, E.11A Counterfeit
Banknote From ABN Security Department. Brazil, 200 Mil Reis,
P-76, contemporary counterfeit of 2 different 1/2’s of the 200 Mil Reis
note and the right half of the 50 Mil Reis note. All overprinted Falsa,
All 3 pieces are from the American Bank Note Security Department that
evaluated and researched ways of preventing counterfeiting. From the
ABN Archives. ABN.��Est. $450-700
43
43 Republica Dos Estados Unidos Do Brasil, ND (1961-63) Uniface
Specimen Banknote Pair. Brazil, Lot of 2 notes consisting of uniface
front and back specimens, Both are 20 Cruzeiros, Specimen, Includes
P-168as, Est. 461 and P-168bs, Est.961, all are in Choice to Gem
Uncirculated. Scarce as specimen. ABNC.��Est. $130-200
44
44 Republica Dos Estados Unidos Do Brasil, ND (1963-64) Error
Banknote. Brazil, 5000 Cruzeiros, P-174b, Unlisted Error note, missing
all the back printing, back is blank but shows blind embossing where the
plate was not inked or possibly a second piece of paper covered it, Est.
1A, Series 653A, Issued banknote. Scarce as error note. ABN printing.
Rarely did they create errors in the production process. ABNC.�Est. $100-150
45
45 Republica Dos Estados Unidos Do Brasil, ND (1963-64) Specimen
Banknote. Brazil, 5000 Cruzeiros, Specimen, P-182as, Unlisted as a
specimen, Est. 2A, Series 400A, Oval TDLR overprints on the upper
left and lower right corners, Choice to Gem Uncirculated. Scarce as
specimen. TDLR.��Est. $120-200
46
46 Banco Central do Brasil, ND (1994-), Issue Banknote. Brazil, 100
Reais, P-247a, Issued note, without Deis Seja Louvado, Series 0797, Key
note, Choice to Gem Uncirculated, ��Est. $140-250
British Guiana
47
47 Government of BritishGuiana, 1938 British Guiana, $1, P-12b. Issued
banknote, Red on m/c, Waterfall in middle, S/N F/6 06069, Crisp
Choice VF with sharp corners, bright colors and fresh appearance, just
an extra light fold from XF. Scarce in this high of grade. ��Est. $250-400

British North Borneo
British North Borneo Rarities - first time
seen by us
48
48 British North Borneo C0., 1897 Issue Banknote. British North
Borneo, 1897, 25 cents, P-1, Issued banknote, Brown with arms at left,
back blank, S/N 10134, VG to Choice VG with a small piece of the lower
right corner tip missing. Rare not in any condition and first time this
variety has been offered by us. ��Est. $1200-2000
49
49 British North Borneo Company, 189x (1901) Issued Banknote
Rarity The Treasury, Sandakan, British North Borneo Co., 11 Feb 1901
(189x crossed out), 50 cents, P-2, Issued banknote, Olive green with arms
at left and title and text on right, back blank with 5 hand written Chinese
characters on right, S/N 24877, Choice Fine condition to almost Very
Fine with a strong vertical center fold but no edge faults and only a little
soiling from handling on the right margin. This is the first time we have
handled this rarity and expect it to command significant attention from
the advanced collector. ��Est. $3000-5000
Bulgaria
50
50 Bulgarian National Bank. 1922 Specimen Issue. Bulgaria. 20 Leva.
P-36s1. Arms at top center, color design. Red Specimen overprint, POCs.
Slight extra wide left margin. Extremely Fine.��Est. $300-500
51
51 Bulgarian National Bank. 1922 Specimen Issue. Bulgaria. 5 Leva.
P-34s1. Arms at top center, colorful design. Red Specimen overprint,
POCs. With additional paper margin at top which includes press and
issuer information. Unusual in this form. Extremely Fine from pressroom
handling.��Est. $120-200
Burma
52
52 Reserve Bank of India, ND (1937) Issue Banknote. Burma, 10
Rupees, P-2b, (Printed on India P-16), issued banknote, black “Legal
Tender in Burma Only” overprint on face and back, King George V on
right, S/N R/44 416892, VG to Choice VG, bright colors and large even
margins enhance this rare note. A strong vertical middle fold keeps this
note from Fine condition, there are 2 small separations at the margins of
the vertical folds that do not detract from this note. ��Est. $350-600
FOREIGN BANKNOTES
MILITARY RELATED
53
53 U.S. Produced Burmese Propaganda Newspaper, ca. 1943-45.
Burma. 4 page flier produced by the U.S. Office of War Information
Psychological Warfare Team, APO 465, U.S. bombers on cover, images
of Stalin, Churchill and Roosevelt in middle with photos of U.S. soldiers
leaving ship; building bridges, and train, back with map and man holding
explosive shell. VF.�� Est. $40-75

FOREIGN BANKNOTES
Burundi
54
54 Banque de la Republique, 1997 Issue Banknote. Burundi, 5000
Francs, P-40, Issued banknote, PMG graded Gem Uncirculated 66 EPQ.
Rare in this high of grade.��Est. $80-140
Unique Bank Note Design Artwork by TDLR
55
55 Banque Du Royaume Du Burundi 1964 Issue. Unique Face and Back
Essay Models used in the design for the 1964, 500 Francs, P-13 Unlisted.
Face and back are mounted on cards and have original artwork, borders
and design elements drawn, pasted or added to banknote. Catalog value
is listed as $175 in VF condition. Unique. Choice uncirculated condition.
Scarce note as issued. BWC? 2 different trial color specimens. 1968.
P-22a. Unlisted Trial Color. 50 Francs. Green on m/c. Issued note is pale
red on m/c; P-23a. Unlisted Trial Color. 100 Francs. Purple on m/c.
Issued note is brown on m/c. Red specimen overprints and POC. Rare
Trial color banknotes. TDLR. Scarce trial color banknote.��Est. $500-800
Canada
56
56 Champlain St. Lawrence Rail Road, 1837 Uncut Sheet of 6
notes. Montreal, Canada. 1837. Uncut sheet of 2 examples of 3 different
denominations, 15 Sous-7 1/2 Pence; 30 Sous-15 Pence and 1 Ecu-Half
Dollar-2/- 6p. Printed by RWH. AU to Uncirculated. Uncut remainder
sheet of 6 pieces.��Est. $400-600
57
57 Colonial Bank of Canada, 1859 Obsolete Banknote. Toronto,
Canada, Issued, $2, P-S1667, Issued banknote, Black on orange-brown
underprint, Young woman at right, Native Americans on left, VF
condition. ABNC - JDWCo. ��Est. $200-300
58
58 Dominion and Bank ofCanada Issues. Canada. Dominion of Canada.
25 Cents. 1923. Britannia seated at center. P-11b, c; Bank of Canada.
George VI. 1937. 1, 2 Dollar. 58e; 59c. Elizabeth II. 1, 2, Dollars. P-74a,
b; 84a, b; 86a.Very Good-Fine with a tear or two to EF. 9 pieces.��Est. $60-100
CANADA
High Grade 1922 Specimen Set of 5 from La
Banque Nationale
59
59 La Banque Nationale, 1922 Issue Specimen Set of 5 notes Quebec,
Canada. Lot of 5 1922 Specimen banknotes, all PMG graded, All have
portrait of G.E. Amyot at right or at center, backs are green with bank
arms in middle or side, Includes $5, P-871s, (5102202S), Black on light
green underprint, Monument at left, Choice Unc. 64 EPQ; $10, P-872s,
(5102204S), black on light orange underprint, Portrait of J.Cartier
sighting land at left, Gem Unc. 66 EPQ; $20, P-873s, (5102206S), Black on
light orange underprint, About Uncirculated 55; $50, P-874s, (5102208S),
Black on light brown underprint, Gem Unc. 66 EPQ; and $100, P-875s,
(5102210S), black on light brown, Gem Unc. 66 EPQ, All have “Specimen”
overprints and pin punch specimen overprints. BABNC. Rare high grade
banknote group.��Est. $3000-4000

Canada
60
60 Dominion of Canada, 1917 Issue. Ottawa, Canada, $1, P-32, DC-23c,
Issued, Hyndman | Saunders signatures, Seal over ONE, Suffix A, S/N
E-552884, portrait of Princess Patricia Ramsey at center, PMG graded
Very Fine25, ABNC-Ottawa.��Est. $400-500
61
61 Canadian Bank ofCommerce. 1917 Issue. Canada. 10 Dollars. P-S966
Uniface Proof, unlisted in this form. Three females and prairie scene.
POC, extra wide bottom and right margins, with notation and some
light soiling. Scarce in this form. ��Est. $400-600
62
62 Dominion of Canada, 1923 Issue. Ottawa, Canada, $2, P-34j, Issued,
Campbell | Seller signatures, S/N U-117205, portrait of Edward, Prince
of Wales at center, Fine to Choice Fine with one small hole in center
from strong fold, Canadian BNC.��Est. $250-400
63
63 King George V ND ca.1923-25 Proof Vignette of King George
V. Canada, ND (ca.1937) Proof vignette from the 1923 and 1924-25
Dominion of Canada Issues, printed on india paper 4 by 5 inch cards.
King George V vignette used on 1923, $1; 1925, $1000 and 1935 $1. The
vignette has the title imprint H.M. King George V - Dominion of Canada
- Canada-Special-A-21 - Canadian Bank Note Co., Ltd. Uncirculated
condition with wavey paper. From ABN Archives. ��Est. $325-650
Exciting 1935 Commemorative Banque Du Canada $25 Note with Low Serial #”F000008”
64
64 Banque Du Canada, 1935 Commemorative” Low Serial #F 000008” Issued Note. Ottawa, Canada. 6 May, 1935. $25, BC-12, 1935F, Plate D1/1, Issued
banknote, Portraits of King George V and Queen Mary at center, Black on light purple underprint, back purple with Chateau de Windsor portrait in middle.
Osbourne | Towers signatures, Extremely low single digit serial number “F000008”, PCGS graded Very Fine 25 apparent with note of minor restoration which
is difficult if not impossible to view. Large even margins, bright colors, fresh firm paper and the extremely low serial number only add to the desirability of this
rare note that is sure to demand the attention of the advanced Canadian collector. ��Est. $5000-10000

65
65 Banque du Canada. 1935 French Issue. Canada. 5 Dollars. P-43.
Edward, Prince of Wales at left end, electric power at center on back.
BABNC. Very Good to Fine.��Est. $250-400
66
66 Bank of Canada, 1937 Banknote Assortment. Ottawa, 1937 Lot of 4
notes, Includes $1, P-58e, VF; $2, P-59c, Fine to Choice Fine, Low Serial
Number “J/R 0001786”; $10, P-61b, BC-24b, Gordon | Towers sig., Crisp
Choice VF; and $10, P-61c., BC-24c, Coyne | Towers, XF with ink or
soiling on the back right border. British AM.BNC.��Est. $90-150
67
67 Bank of Canada, 1954 “Devil’s Face” Banknote. Canada, $5, BC-
31b, P-68b, Issued banknote, Beattie | Coyne, S/N E/C 8696398, PMG
graded Choice About Uncirculated 58, Attractive note.��Est. $150-250
FOREIGN BANKNOTES - MILITARY
RELATED
Canada, Germany
68
68 Occupation Reichsmark Allied Propaganda To Raise Money.
Winnipeg, Canada, Feb.1942, 10 Reichsmark propaganda note,
Issued in Canada during the second Victory Loan drive. This note
was dropped over the population of Winnipeg to make the point that
the Germans could take over unless they were willing to give more.
The back has printed “Bonds or Bondage - The choice is yours!”, AU
condition. ��Est. $60-120
FOREIGN BANKNOTES
Cape Verde
69
69 Banco Nacional Ultramarino Cabo Verde. 1958, 1972 Issues. Cape
Verde. 20, 100 Escudos. P-49s, 52s. Serpa Pinto at right on both. Red
ESPECIME overprint and POCs on both. Both have Handstamped
control numbers in the top right margin, #243, #103 respectively.
First PMG Gem Uncirculated 66 EPQ, second is PMG Superb Gem
Uncirculated 67 EPQ. 2 pieces.��Est. $400-600
Central African States
70
70 Banque Des Etats De L’Afrique Centrale, 1993-2001 Issue
Banknote C.A.S., 10,000 Francs, P-505N, Issued banknote, Choice to
Gem Uncirculated. ��Est. $60-120
Chile
71
71 Nitrate Railways Co., Ltd. 1891 Issue Scrip Note. Iquique, Chile.
2 Pesos, P-Unlisted, Orange, locomotive in middle, S/N11236, blue
cancelled overprint ,back blank, VG with ink slightly faded with minimal
edge faults. ��Est. $100-200

Possibly Unique Chile Provisional Banknote Rarity.
72
72 Republica De Chile, 1898 Provisional Issue Rarity Discovery Note. Santiago, Chile. August 1, 1898, 10 Pesos, P-54Aa, Overprinted on Chile 21, Issued
banknote, President J.J.Perez at right, towered bridge at left, back red-brown with “EMISION FISCAL - LEI 1.054 DE 31 DE JULIO 1898” in black, the face has
“Plata” (Silver) crossed out so that this note was payable in “Oro” (gold) only, S/N 310373, 2 hand written signatures at bottom and circular stamp to right of
portrait, PMG graded Good 4 NET with notation of missing corner, Discovery note from 1898 that has finally seen the light of day, this note is very possibly
unique and may be the only opportunity to help complete an entire collection of Chile banknotes. ABNC.��Est. $3000-6000
73
73 Republica de Chile, 1926 Unlisted Date, issued Banknote. Santiago, Chile, 2 Pesos, P-59b Unlisted date of October 2nd, 1926, Issued banknote, Blue
serial number, Blue on light orange underprint (Listed as light yellow in SCWPM), PMG graded About Uncirculated 55 EPQ, Very possibly a discover later
date. �� Est. $140-250

CHINA - EMPIRE
Historic Chinese Ming Note ca.1368-1399 Rarity
74
74 Ming Dynasty Circulating Note. 1368-99. 1 Kuan, P-AA10, Issued banknote. 10 Strings of Cash Coins at top center on front and back center at bottom.
2 large red seals on face and one on back. Printed on dark gray mulberry paper. Good to VG condition with edge faults, thins and some of the printing
scuffed off, but still intact, rare and historic banknote. This note came from a group of these notes that were discovered during the “Boxer Rebellion”. The
notes were printed by the “Hung-wu Emperor” to create a national currency. The legends on the notes cites the authority of Hung-wu, the punishment for
counterfeiting and reward for informants. The term Kuan (Quan, Kwan) relates to the Quan system of money (silver bars). This is the earliest form of printed
currency available.��Est. $4500-9000

75
75 Ch’ing Dynasty, 1859 “Cash” Issue. China, (Year 9), 1859, 2000 Cash,
P-A4g (S/M#T6-60), Issued, the usual Spindle holes on top margin,
Choice XF to AU with light mis-handling on the bottom margin and
a light stain on the upper left corner and some small spotting on top
margin.��Est. $900-1600
76
76 Board of Revenue, 1856 “Tael” Issue. China. (Year 6), 1856, 1 Tael,
P-A9d (S/M#H176-30), Issued, The usual Spindle holes on top margin,
Fine to Choice Fine condition with light staining, rare note in any
condition. ��Est. $1500-2000
77
77 Ta-Ching Government Bank, 1906 “Kaifong” Issue. Kaifong,
(Tientsin crossed out), China. $5, P-A70a, Issued, Blue on light yellow
with dragons and flags, back purple on light green, S/N 57873, PMG
graded Extremely Fine 40 NET with note of restoration, very attractive
note. CPMA.��Est. $3500-5000
CHINA - REPUBLIC
78
78 Agricultural and Industrial Bank of China, 1927 Issue. Peking,
China, Feb 1st, 1927, 10 cents, P-A93a, S/M#C287-2, Issued banknote,
Purple , back brown, S/N 1527337, XF condition, Scarce note rarely
found this nice. BEP-Peking.��Est. $130-250
79
79 China South Sea Bank, 1927 “Shanghai” Issue Banknote.
Shanghai, China, 5 Yuan, P-A127b S/M#C295-21a, Issued banknote, red
on m/c, monument at left, back blue, multiple handstamps and chop
marks on back. Fine to Fine+, ABNC.��Est. $300-500

80
80 Commercial Bank of China, 1929 “Shanghai/Amoy” Branch Issue.
China, 1 Yuan, P-11b S/M#C293-60b, Issued banknote, Black on light
green, Confucius on right, supporting lions at top, Shanghai overprinted
over Amoy, Choice Fine with a small corner tip missing from the top left
corner. Rare branch variety.��Est. $90-150
Bank of China “Szechuen” Branch
Banknote
81
81 Bank of China, 1912 “Szechuen” Issue Banknote. Szechuen, China.
$1, P-25p, S/M#C294-30p, Issued, Green on m/c, Emperor Huang-ti at
left, back green, PMG graded Very Good 10 NET with note of Repaired
and faded overprints and discoloration. Rare note in any condition.
ABNC.��Est. $1800-2400
82
82 Bank of China, 1915 “HuangTi” Issue Unique Compound Progress
ProofTrio. Lot of 3 proofs, All are back proof design and title elements
printed in black on india paper, Includes $1, P-37D (S/M#C294-62);
$5, P-37E S/M#C294-63; and, $10, P-37F (S/M#C294-64), all are
uncirculated with minor glue stains from mounting, Each has title
“Bank of China” used on the top of the back; The denomination with
text “Equal to....” and bottom frame that a place name would be inserted
into. All are labeled “Litho Die For Back” with plate numbers, Unique
production proof from ABNC archives of an extremely rare note that
most collectors can only dream about owning. ��Est. $500-1000
83
83 Bank of China, 1918 “Tientsin” Branch Issue Specimen. China,
$5, P-52p S/M#C294-101r, Specimen Banknote, Orange on m.c, back
orange, Uncirculated. ABNC. Scarce as specimen.��Est. $400-600
84
84 Bank of China, 1942 Issue Banknote. China, 500 Yuan, P-99, Issued
banknote, SYS at left, Olive green on m/c, back olive green. Choice VF
wit light handling keeping this note from XF. ABNC.��Est. $150-250
85
85 Bank ofChina 1937 to 1942 BanknoteAssortment. China, Lot of 25
notes, Highlight include 1940 issues $50 (2), Fine and VF; $100 (1), Fine
to Choice Fine; and 1942, $50, P-98, Choice VG to Fine with small faults.
Balance in VG to XF. Please inspect, Sold “As is”. ��Est. $80-150

Extremely rare Bank of China and Farmers
Bank Tunxi Branch Rarities
86
86 Bank of China,Tunxi Branch 1942 Cashier’s Check Anhui Province.
China. Bank of China, Tunxi Branch cashier’s check, 1 Yuan, VF, dated
Oct. 9th 1942. Printed by Xinhui Printing Co. Serial number is 039822.
Texts on front read “Could be exchanged into 1 Yuan of national
currency. This note is a temporary substitution of national currency;
could not be exchanged into national currency before there is sufficient
supply of national currency.” The seal on the right reads “Seal of Bank
of China, Tunxi Branch”. Rare note that is missing from almost all
advanced collections. This is the last of 2 examples of this type that were
found and available. 中國銀行屯溪支行國幣壹圓本票七品原票，民
國三十一年（1942）十月九日發行，新徽印書館印製，流水號039822.
正面文字為“憑票即付來人國幣壹圓”“此票暫代法幣流通在鈔券
接濟未充裕以前不得強兌”。印章內容為“屯溪中國銀行之章”。
��Est. $1500-2500
87
87 Bank of China,Tunxi Branch, 1942 Cashier’s Check Anhui Province,
China. Farmer’s Bank of China. Tunxi Branch, cashier’s check, 5 Yuan
XF, dated Oct 23rd 1942. Printed by Xinhui Printing Co. Serial number is
37841. Text on front reads “Could be exchanged into 5 Yuan of national
currency.” The signatures and seals on the left side are supposed to be of
the branch managers. The seal on the right is possibly the official seal of
the bank branch. (but the scripts are not identifiable). This is the last of
2 examples of this type that were found and available. 中國農民銀行屯
溪支行國幣伍圓本票八品原票，民國三十一年（1942）十月二十
三日發行，新徽印書館印製，流水號37841.正面文字為“憑票即
付國幣伍圓”。左側簽名與印章應為銀行經理，右側印章應為銀
行官印。��Est. $4000-8000
88
88 Bank of Communications 1914 to 1942 Banknote Assortment.
Lot of 10 notes, Highlight include 1942 issues $50 (2), VG and $100
(1), Fine to Choice Fine. Balance in VG to XF. Please inspect, Sold
“As is”. ��Est. $100-200
89
89 Bank of Communications, 1914 Uniface Front and Back Specimen
Banknotes. China, 5 Yuan, P-117s S/M#C126, Uniface specimen pair,
Dark brown, Locomotive on top middle, English and Chinese Specimen
Overprints in red and Punched out letters, Both front and back are PMG
graded Gem Uncirculated 65 EPQ, backs have red specimen overprints
and purple handstamps dated 1936, Rare notes in this format and very
attractive. ABNC.��Est. $350-600
90
90 Bank of Communications, 1914 “Shanghai” Branch Issue Pack
of 100. Shanghai, China, P-118q, Issued banknotes, Shanghai in blue-
black, red signatures , Serial numbers on face and back, AU to Gem
Uncirculated with a considerable amount Choice AU to Choice Unc..
Fresh appearing. ��Est. $1000-1500

91
91 Bank of Communications, 1914 Uniface Front and Back Specimen
Banknotes. China, 10 Yuan, P-118s S/M#C126-117, Uniface specimen
pair, Red, Bank building on top middle, blue and black English and
Chinese Specimen Overprints and Punched out letters, Both front
and back are PMG graded Gem Uncirculated 65 EPQ, backs have blue
specimen overprints and blue handstamps dated 1936, Rare notes in this
format and very attractive. ABNC.��Est. $350-600
92
92 Bank of Communications, 1941 Issue, Proof Vignette With
Zeppelin. China, 1941, Proof vignette used on 25 Yuan, P-160, 1941
Issue, Zeppelin with power generator, train and steamship. Proof printed
on india paper titled “Power Transformation - V-70534 - American Bank
Note Company”. Virtually uncirculated except for a couple of very small
corner bends. Impressive proof vignette of this popular aviation topic.
ABNC.��Est. $200-300
93
93 Bank of Communications, 1927 First Issue Discovery Issue
“Tsintau” Branch Rarity. Tsingtau, China. 1927, 20 cents, P-143Aa,
S/M#C126-181b, Blue face with steamship on left and locomotive on
right, back orange-yellow with black English signatures, the b;ue color
variety is unlisted in a 20 cent denomination, only as a 10 cent note.
Evidently it was given a new catalog number by PMG but they made a
mistake with the Smith Matravers catalog number. PMG graded Very
Good 10 with no edge faults, just toning, still the note has bright colors
and will enhance any advanced collection. This is the only graded note
in the PMG census and is extremely rare if not unique. WS.�Est. $750-1250
94
94 Central Bank of China Uncut Approval Proof Pair of Banknotes.
China, 1948. P-360 Unlisted. 5000 CGU’s. Uniface front and back proofs
as uncut horizontal pairs. Both are upper right corner pairs with large
margins on 2 sides. The face is printed on thin white paper, the back is
printed on thicker planchetted security banknote paper. AU to Choice
uncirculated condition. SBNC. Rare in this format.��Est. $250-350
95
95 Central Bank of China, 1923 Specimen Banknote. China. $10,
P-177s, S/M#C305-14, Specimen, Green on m/c, back blue, Specimen
overprints, POC’s, “000000” serial numbers. PMG graded Uncirculated
62. ABN.��Est. $350-600
96
96 Central Bank of China, ND (1931) Issue Banknote Group. China,
Lot of 4 Sequential notes, All are 25 cents, P-204 Issued banknotes, P’ai-
lou Gate at left, red, back dark blue, All are Choice to Gem Uncirculated,
CHB.��Est. $100-200

97
CHB.��Est. $100-200
98
CHB.��Est. $100-200
99
CHB.��Est. $100-200
100
Lot of 7 notes, All are 25 cents, P-204 Issued banknotes, P’ai-lou Gate at
left, red, back dark blue, 2 pairs are sequential, the rest mixed numbers, 6
out of the 7 notes are Choice to Gem Uncirculated, one note is VF, CHB.
��Est. $120-240
101
101 Central Bank of China. 1937 Issue. China. 10 Yuan. P-223a. S/M#
C300-111. SYS at left end, incense burner at right. PMG graded Choice
Uncirculated 64 NET, edge damage.��Est. $120-200
102
102 Central Bank of China, 1941 and 1942 Issue Banknote Quartet.
China, Lot of 4 issued notes, Includes 1941, 50 Yuan, P-242, Brown, Fine
to Choice Fine; 1942, 100 Yuan, P-249, Fine condition with small edge
faults; 1942, 100 Yuan, P-250, SYS at right, VF to Choice VF condition
and 1943, 100 Yuan, P-254, Fine condition. Attractive group of scarce
notes.��Est. $80-150
103
103 Central Bank of China, 1944 Issue Banknote Pair. China, Lot of 2
notes, Includes 100 Yuan, P-258, XF with a light stain on the back middle
margin and 100 Yuan, P-261, Choice VG to Fine condition. Scarce
banknote pair. ��Est. $60-100
104
104 Central Bank of China, 1944 Issue Banknote Trio. China, Lot of 3
notes, All are 100 Yuan, P-260, Issued banknotes, Black on m/c, P’ai-
lou Gate at left, back black, Condition varied between VF to XF-AU
condition. Printer: Chinese.��Est. $75-150

105
105 Central Bank of China, 1945 Issue Banknote. China, 1000 Yuan,
P-296, Issued banknote, P’ai-lou Gate at center, red, back blue, Choice
VF with rust spots on the right and left borders, still a scarce note,
Printer: 7 Chinese charcters.��Est. $50-100
106
P-304, Issued banknote, SYS at left, blue on light green underprint, back
Blue, Crisp Uncirculated to CU, attractive note with large even margin,
bright colors and sharp corners. Printer: 6 Chinese charcters.��Est. $150-250
107
107 Central Bank of China, 1945 Issue Specimen Banknote. China,
1945, 500 Yuan, Series 1-A, P-283s, S/M#300-244, Specimen, SYS in
middle, black on light blue and gray with red seals and signatures, back
olive green, Small red archival printing on top right border margin
“PROOF 2 LSF 1A 4-11-45”, 8 Chinese character printer (SBNC), PMG
graded Superb Gem Uncirculated 67 EPQ (Exceptional Paper Quality),
relatively common note in very uncommon condition, SBNC.��Est. $350-500
108
108 Central Bank of China, 1945 Specimen Banknote. China, 1000
Yuan, P-289, Specimen banknote, SYS at center, brown on face and
chestnut brown on back. Possibly a Color Trial variety. Choice AU-Unc.
Top right margin has printed DB3-LS1-9-15-45. Printed by ABNC or
SBNC.��Est. $250-350
109
109 Central Bank of China, 1947 Issue Banknote Group. China, Lot
of 13 notes, all are 10,000 Yuan, P-314 Issued banknote, SYS at left and
mountains at right, Brown on m/c, back light blue, Choice XF to AU,
Printer: 8 Chinese charcters.��Est. $60-100
110
110 Central Bank of China, 1947 Issue Banknote Group. China, Lot of
4 notes, All are 500 CGU, P-334 Issued banknote, SYS at center, Blue on
m/c, back brown, 2 grade XF and 2 VF. WS.�� Est. $40-80
111
111 Central Bank of China, 1947 Issue Banknote Pair. China, Lot of
2 notes, both are 10,000 Yuan, P-315 Issued banknote, SYS at left and
mountains at right, Olive on m/c, back olive green, One grades Choice
Uncirculated and the second VF, Printer: 8 Chinese charcters.��Est. $100-200

112
P-308, Issued banknote, SYS at left and P’ailou Gate at right, Green on
light green and m/c, back green, Crisp Uncirculated to CU, attractive
note for grade. Printer: 8 Chinese charcters.��Est. $80-150
113
113 Central Bank of China, 1947 Issue Uniface Specimen Pair. China,
1947, 500 Yuan, P-236s, Unpriced in SCWPM, Uniface front and back
specimens, Green on face with SYS at top, back green with bank building,
Chinese Specimen overprint on face, “00000” serial numbers, Block 00-
A, backs of both have light glue remnants from previous mounting that
unfortunately bleed lightly through on the faces, otherwise the notes
appear AU-Uncirculated. SBNC. Rare as specimen.��Est. $250-500
114
114 Central Bank of China, 1948 Customs Gold Units Issue Color Trial.
China, 1948. 10,000 Yuan, P-363sf and P-363sb Unlisted Color Trials.
Uniface Front and Back “Specimens”, Face Blue with portrait of SYS
in middle, back blue with bank building, red “00000” serial numbers,
POC’s. The face and back notes have small red text on top margins “3-31-
48-A”. Both are in Choice Uncirculated and appear in superb condition.
This is one of 2 Color Trial versions offered, this being the darker shade
of the two. SBNC. Rare note in high grade even if not a Color Trial.
��Est. $400-800
115
115 Central Bank of China, 1948 Customs Gold Units Issue Specimen.
China, 1948. 10,000 Yuan, P-363sp. S/M#C301-71, Uniface Front and
Back “Specimens”, Face Blue with portrait of SYS in middle, back blue
with bank building, red “00000” serial numbers, POC’s. The face is
PMG graded Gem Uncirculated 66 EPQ* and the back is Superb Gem
Uncirculated 67 EPQ. SBNC.��Est. $500-800
116
116 Central Bank of China, 1948 Issue Banknote China, 25,000 CGU’s,
P-367, Issued banknote, SYS center, Brown on light blue, back brown,
Choice AU to Uncirculated, CHBC.��Est. $80-160
117
117 Central Bank ofChina, 1948 IssueUniface Proof. China, 1948, 50,000
CGU, P-369A, Proof banknote, Purple, SYS center, back blank, Printed
on banknote paper, Uncirculated. superior example of this scarce note.
SBNC. This note design and type was printed but never released for
circulation. ��Est. $200-400

118
118 Central Bank of China. 1948 ND Issue. China. 50,000 Customs
Gold Units. P-371a. S/M# C301-81. SYS at top. PMG graded Choice
Uncirculated 64.��Est. $60-100
119
119 Central Bank of China, 1949 Essay Specimen Banknote. China,
1949, 5,000 Gold Yuan, Series 1A, P-Unlisted, Uniface front and back
specimen banknotes in green, CKS in middle, Red specimen overprint,
“00000” serial numbers and POC. Dated 3-30-49 on top right corner, The
face is PMG graded Gem Uncirculated 65 EPQ and the back Choice Unc.
64. SBNC.��Est. $1000-1600
120
120 Central Bank of China, 1949 Essay Specimen Banknote. China,
1949, 500,000 Gold Yuan, Series OOA, P-Unlisted, (Previously given
P-425Apef and P-425Apeb by PMG) (S/M#302-). Uniface front and
back specimen banknotes in green, CKS in middle, Red specimen
overprint, “00000” serial numbers and POC. The face is PMG graded
Superb Gem Uncirculated 67 EPQ and the back Choice Unc. 64 EPQ.
SBNC.��Est. $1600-3000
121
121 Central Bank of China, 1949 Issue Banknote. Canton, China, $1,
P-441 S/M#C304-21, Issued, Blue-black, SYS at right, back coin at center,
PMG graded Choice Uncirculated 64. Printer: CHB.�� Est. $40-80
122
122 Central Bank of China, 1949 Issue Banknote. China, 10,000 Yuan,
P-416 S/M#C302-61, Issued, Blue, SYS at right, back blue, PMG graded
Gem Uncirculated 65 EPQ. Printer: CHB.��Est. $50-100
123
123 Central Bank of China, Unlisted Essay Banknote, 1949 Gold Chin
Yuan Issue. 1949. 500,000 Gold Yuan, (PMG designated P-425pef),
P-Unlisted. Uniface front specimen “Printers Essay” banknote in
green, CKS in center. No serial numbers, seals or series, the back with
“Approved for Production: L-4 - Color O.K. 5.2. (19)49”, Choice to Gem
Uncirculated, Horizontal note. SBNC.��Est. $650-1000
124
124 Central Bank of China Binder Full of Banknotes, ca. 1928 to 1948
Issues. China, Lot of 140+ notes. Includes 125+ notes from Central
Bank of China. Include 1930 to 1948 issues. P-202, 10 cents (8); P-226
(6); 1928 ABNC issues; Waterlow issues ca. 1936; TDLR issues; other
highlights include 1944, 400 Yuan, P-263; 500 Yuan, P-266, VF; 500 Yuan,
P-264 and P-265;1945, 1000 Yuan, P-287, XF; 1945, 2000 Yuan, P-299,
Fine+ and P-302, VF; 1945, 2000 Yuan, P-301a, Uncirculated; 1947, 10,000
Yuan, P-321, XF and numerous additional attractive notes with some
duplication. Also a few low grade German and Japanese occupation
notes included. Nice assortment. ��Est. $400-800

125
125 Central Bank of China Binder Full of Banknotes, ca. 1930 to
1947 Issues. China, Lot of 140+ notes. Includes 125+ notes from
Central Bank of China. Include 1930 to 1947 issues. Highlights include
1930 issues, 10 cents and 20 cents ABN issues plus numerous higher
denominations from this series, some multiple and Unc.; also included
are denominations from 500 CGU’s to 10,000 CGU’s, some duplication,
VF to AU with some Unc. Attractive accumulation and a companion to
the other binder. Nice assortment. ��Est. $400-800
126
126 Farmers Bank of China. 1929 (1940 New Date) First Provisional
Issue. China, 10 Yuan. P-468, 470. S/M C290-64, C290-66, Red on m/c,
pagoda on left, back violet, Overprinted on P-S2106, Light paper splits
and a small piece missing from the left middle border. Very Good.
ABNC.��Est. $130-250
127
127 Farmers Bank of China, 1935 Second Issue Specimen Banknote.
China, 1935, 10 Yuan, P-459, Unlisted Uniface front and back Specimen
Banknotes, Face is purple and m/c with Agricultural scenes at left and
right, back is purple with pagoda at center and horse at right, Specimen
in English and Chinese on face and back, Red S/N- A000000, SPECIMEN
No. 78 printed on lower left corner, Choice Uncirculated Condition with
faint mounting remnants on the back left margin, Rare note as specimen.
TDLR.��Est. $400-800
128
128 Farmers Bank of China. 1937 (1940 New Date) Third Provisional
Issue. China. 5, P-470, S/M C290-64, Green on m/c, mountain and
towers, Light paper splits. Very Good. ��Est. $90-180
129
129 Farmers Bank of China, ca.1935 to 1942 Banknote Assortment.
China, Lot of 13 notes, Includes 1935 Issues; 1941 issues, 50 Yuan to 500
Yuan; and, 1942 issues, 50 Yuan, P-479, VG with faults and 100 Yuan,
P-480, Choice VG to Fine. Attractive and useful group with condition
ranging between VG to AU. Sold “As is”, please inspect.��Est. $80-160
130
130 Farmers Bank of China, 1942 Issue Banknote. China, 100 Yuan,
P-480, Issued banknote, Green, Choice VF. Printer - 6 CharactersEst. $50-100
131
131 Farmers Bank of China, 1942 Issue Banknote. China, 100 Yuan,
P-480, S/M#C290-91, Issued banknote, Green, landscape and
agricultural scene at right, back green, PMG graded About Uncirculated
53 with annotations of 5c on face and back, otherwise an extremely
attractive note. ��Est. $130-250

132
132 Market Stabilization Currency Bureau. 1915 Issue. China. 50, 100
Coppers. P-602; 603 (3). Temple of heaven at right. Two are Choice Very
Fine, two are Extremely Fine. 4 pieces.��Est. $130-200
133
133 Ningpo Commercial Savings Bank Ltd., 1933 Issue. China, 1
Yuan, P-549 S/M#S107-40?, Issued banknote, Red-brown, Fine to Choice
Fine, WS.��Est. $130-200
OUTSTANDING 1925 “SHANGHAI” BRANCH -
NINGPO COMMERCIAL BANK SPECIMEN SET
BY GD
134
134 Ningpo Commercial Bank, 1925 “Shanghai” Issue Banknote
Rarity. Shanghai, China, 1925, $1 Local Currency, P-546a, Issued
banknote, brown, mountain landscape at center, back red and m/c, S/N
062835G, Choice VF to almost XF condition with bright colors, sharp
corners and large even margins. Rare note in any condition and rarely
seen this nice��Est. $1000-2000
135
135 Ningpo Commercial Bank, 1925 “Shanghai” Issue Specimen
Banknote Rarity. Shanghai, China. $1, P-546A (S/M#S107) Unlisted
Specimen, Red on light blue, possible color trial since the listed note
is red on black underprint, Bank building at center, no serial numbers,
blank back, 2 very small 1.5 mm security cancellation punctures in
signature blocks, Choice Uncirculated with mounting remnants on the
back left side and small paper thins on the back where mounting was
removed on the top and bottom right corners that does not effect the
face printing. Extremely rare if not unique specimen from a new find of
GD specimens. GD.��Est. $1000-2000
136
Banknote Rarity. Shanghai, China. $5, P-547 (S/M#S107-31) Unlisted
Specimen, Green on m/c, Mountain landscape at center, no serial
numbers, back brown on light orange-brown underprint, 2 very small
1.5 mm security cancellation punctures in signature blocks, Choice to
Gem Uncirculated with possible evidence of mounting on the back
left as well as a very small ink scuff in the bottom middle of the back
effecting 3 letters in the bottom text that is difficult to view, Extremely
rare if not unique specimen from a new find of GD specimens. GD.
��Est. $2500-4000

137
137 Ningpo Commercial Bank, 1925 “Shanghai” Issue Specimen Color
Trial Banknote Rarity. Shanghai, China. $10, P-548 (S/M#S107-32)
Unlisted Color Trial Specimen, Blue on red and m/c but listed as black
on red, Mountain landscape at center, no serial numbers, back reddish-
brown on light green and orange underprint, 2 very small 1.5 mm
security cancellation punctures in signature blocks, Choice to Gem
Uncirculated, Extremely rare if not unique color trial specimen from a
new find of GD specimens. GD.��Est. $3500-7000
138
Banknote Rarity. Shanghai, China. $100, P-548B (S/M#S107-35)
Unlisted Specimen, Violet on light blue and m/c underprint, Mountain
landscape at center, no serial numbers, back violet and m/c, 2 very
small 1.5 mm security cancellation punctures in signature blocks and
Pin-Punch “MUSTER” vertically near right margin, Appears Gem
Uncirculated, Extremely rare if not unique specimen from a new find of
GD specimens and a spectacular note for the advanced collector. GD.
��Est. $4000-8000
EXTREMELY RARE “URGA” BRANCH ISSUE
139
139 Bank of Territorial Development, 1915 Issue 5 Dollars, Urga Issue
Banknote. China, 1915, $5, Urga Branch, P-574r, S/M#C165-21,
Remainder banknote with no signatures, S/N 06536*, Russian text on
one side, Chinese on the other, Black and brown on pink underprint,
PMG graded About Uncirculated 53, Extremely attractive and
rare note in high grade. Printer: CMN. (The Pogrebetsky Family
Archives)��Est. $1700-3000
140
140 Bank of Territorial Development, ND (1916) Issue Remainder
Banknote. China, ND (1916), $10, P-584r S/M#C165-52, Remainder,
Black on red and m/c, building at left, back purple, S/N A213036, PMG
graded About Uncirculated 53 condition. ABNC. ��Est. $300-500
141
141 PEOPLES REPUBLIC OF CHINA , 1949 Issue China, 10 Yuan, P-816a,
S/M#C282-23, No Watermark, Block 123, S/N 33087623, PMG graded
Choice About Uncirculated 55. Attractive for issue.��Est. $300-500

142
142 Peoples Bank of China, 1949 Banknote Issue. China, 1949, 200
Yuan, P-840a, (S/M#C282-53), Block 132, Issued banknote, Brown on
blue underprint, Steel plant at left, S/N 10459269 - III-IV-V. PMG graded
About Uncirculated 55 EPQ, large even margins and fresh appearance
with a couple of very light corner tip jams keeping this note from Unc.
��Est. $200-400
143
143 Peoples Bank of China, 1949 Issue. China. 200 Yuan, P-841a,
S/M#C282-50, Issued banknote, Blue on light orange underprint,
House at left, Roman Numeral Block 3-5-4, S/N 3789935, Choice VF.
(The Silicon Valley Collection)��Est. $150-300
144
144 Peoples Bank of China, 1949 Issue. China. 500 Yuan, P-846a,
S/M#C282-54, Issued banknote, Green on light green and red
underprint, tractor plowing at left, Roman Numeral Block 1-2-3, S/N
96697159, PMG graded Choice Uncirculated 64. (The Silicon Valley
Collection)��Est. $300-600
145
145 Peoples Bank of China, 1949 Banknote Issue. China, 1949, 1000
Yuan, P-847a, (S/M#C28260), Issued banknote, Green and grey on m/c
underprint, Town view at left, S/N 94494477, Block 5-4-3, PCGS graded
About New 53 Apparent with note of small paper pulls on face at right
middle, the note offers large margins and a fresh appearance.��Est. $200-400
146
146 Peoples Bank of China, 1949 Issue. China, 1949, 10,000 Yuan, P-854c,
(S/M#C282-66), Block 123, Issued banknote, Dark green and black,
Warship at center, brown back, S/N 71991777, Choice XF to About
Uncirculated with minor pencil mark on right back border. Large even
margins and bright colors enhance this lovely note.��Est. $400-600
147
147 Peoples Bank of China, 1949. China, 1949, 10,000 Yuan, P-854c,
(S/M#C282-66), Issued banknote, Dark green and black, Warship at
center, brown back, S/N 53898867, Block 312, PCGS graded Choice
About New 55, Very attractive note with large even margins, bright
colors and sharp corners and other than a very light vertical middle fold,
the note looks exceptional for the grade. ��Est. $200-400
148
148 Peoples Bank ofChina, 1953 HighGrade Issue. China, 1 Yuan, P-866,
S/M#C283-10, Issued banknote, Roman Numerals 6-8-4, S/N 7801957,
Choice to Gem Uncirculated. Attractive fresh note.��Est. $200-400
149
149 Peoples Republic of China, 1953 issue. China, 2 Yuan, P-867
S/M#C283-10, Issued banknote, Green, S/N V III II 1858505, Fine to
Choice Fine, the top middle vertical fold has a 3 mm split. ��Est. $120-200

150
150 Peoples Bank of China, 1960 Issue Banknote Pair. China, Lot of 2
notes, Includes 1 Yuan, P-874a, Issued, watermark stars, Choice to Gem
Uncirculated and 2 Yuan, P-875, Issued, Watermark stars, Choice to Gem
Uncirculated condition, Scarce in high grade. ��Est. $450-800
China - Japanese Puppet Banks
151
151 Central Reserve Bank of China, 1940 Partial Pack of 86 notes.
China, P-J10e, Issued banknotes, Serial numbers on face only, red
signatures, SYS in middle, back red, Uncirculated to Gem Uncirculated.
Very fresh appearing excellent centering. ��Est. $300-600
China - Puppet Banks
152
152 Federal Reserve Bank of China, 1938 Second Issue. China. 1938,
$1 green, P-J54, (S/M #C286-10), Green with Confucius on left with
dragons and ships, back with dragons and seals, note appears very fresh.
Choice VF with bright colors, sharp corners and large even margins.
BEPP.��Est. $150-250
CHINA - FOREIGN BANKS
153
153 Bank of Canton Limited, 1922 “Hankow Branch” Partial
Production Proof Quartet. Lot of 4 proofs, all are 1922 issues printed
in black on india paper mounted on production file sheets, Includes $5;
$10; $50; and, $100, P-S152A to P-S152D. The proofs are partial pulls
from the bottom 1/2 of the note, with the designs fading out as you get
close to the upper edge. These are not notes that were cut in 1/2 but
intentionally printed this way. These proofs were used to evaluate the
text printing of the bottom of the note. Unique in the American Bank
Note Archive in this format. All are AU to CU with light glue stains. Rare
banknotes in any format.��Est. $400-600
154
154 Chartered Bank of India, Australia Shanghai, 1921 Issue.
Shanghai, China. $5, P-S184 S/M#Y11-30c, Issued, Green on light red
underprint, S/N F/S 283140, PMG graded Fine 12 NET. Scarce note.
��Est. $1300-1500
155
155 Chartered Bank of India, Australia Shanghai, 1922 Issue.
Shanghai, China. $5, P-S185A S/M#Y11-31c, Issued, red and violet, S/N
G/T 201919, Blue oval hand stamp on left, PMG graded Fine 12 NET.
Scarce note.��Est. $1300-1500

156
156 Chinese-American Bank of Commerce, 1920 “Shanghai” Issue
Banknote. Shanghai, China. $1, P-S235c S/M#C271-2d, Issued, Blue on
m/c, Statue of Liberty at left, back red, S/N 086352. PMG graded Very
Fine 20 NET with note of foreign substance on note, still very attractive
and rarely seen this nice. ABNC.��Est. $1600-2000
157
157 Chinese-American Bank of Commerce, 1920 Issued banknote.
Shanghai, China, 15th July 1920. $5 Local Currency. P-S236b, Shanghai
Branch, Issued banknote, Brown on m/c face with portrait of Statue
of Liberty in middle, Back is orange with shield. VG condition with
letter H on back, Serial # 346976. Rarely seen issued in any form
or condition due to the short time period this bank was in business.
ABNC.��Est. $1000-1800
EXTREMELY ATTRACTIVE HKSBC
SPECIMEN ISSUED BANKNOTE
COLLECTION
158
158 Hong Kong Shanghai Banking Corporation, 1900-1902
Specimen Banknote. Shanghai, China. $5, P-S351s, S/M#Y13,
Specimen banknote, Blue on brick red, “FIVE” underprint, Bank arms at
top center with facing lion and unicorn, back red with allegorical reaper
with sheaves and cherubs, S/N 205001-265000, printed signature, Pin-
punch Specimen, 1901 pencil notation on upper right, PMG graded Gem
Uncirculated 66 EPQ, Unlisted as specimen and the finest known of the
seven graded in the PMG census. An outstanding example of this note
that will be impossible to improve upon. BWC.��Est. $3000-5000
159
159 Hong Kong Shanghai Banking Corporation, 1909 Issue
Banknote. Shanghai, China. 1st July 1909, $5, P-S352, S/M#Y13-31,
Issued banknote, Blue yellow underprint, Bank arms at top center with
facing lion and unicorn, back dark red with allegorical reaper with
sheaves and cherubs, S/N 349108, printed and hand written signature,
PMG graded Choice Very Fine 35, the finest and only one graded in
the PMG census. Rare note that will enhance any advanced collection.
BWC.��Est. $1000-2000
160
160 Hong Kong Shanghai Banking Corporation 1923 Banknote.
Shanghai. 1st March, 1923. $5. P-S353. Issued banknote. Blue on m/c.
“Five” undertint in middle. Chop marks on back. S/N 638974, Choice
VG to Fine condition with 2 small holes in body of note, attractive
example of this relatively scarce note. BWC.��Est. $500-800
161
161 Hong Kong Shanghai Banking Corporation, 1923 Specimen
Banknote. Shanghai, China. 1st March 1923, $5, P-S353s, S/M#Y13-40,
Unlisted as a Specimen banknote, Blue on m/c, “FIVE” underprint at
lower center, Bank arms at top center with facing lion and unicorn,
back purple on m/c with allegorical reaper with sheaves and cherubs,
No Serial Numbers, printed signature on right, Pin-punch Cancelled and
large red SPECIMEN, PMG graded Gem Uncirculated 66 EPQ, Unlisted
as specimen and the finest known of the 4 graded in the PMG census.
An outstanding example of this note that will be impossible to improve
upon. BWC.��Est. $3500-5000

Archives International Auctions Sale 35 | Banknote Auction

Archives International Auctions Sale 35 | Banknote Auction

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Archives International Auctions Sale 35 | Banknote Auction