Archives international Auctions Sale 60

Auction 60
July 7 & 8, 2020 · River Edge, New Jersey
U.S., Chinese & Worldwide Banknotes, Scripophily, Coins,
Historic Ephemera, Security Printing Ephemera, Stamps & Postal History

Introduction to the Sale
Foreword
Foreword
On behalf of the entire Archives International Auctions team, I would like to personally welcome you to our 60th auction
we have held over the last 14 years. We are excited to offer over 1500 lots of rare and desirable U.S., Chinese & Worldwide
Banknotes, Scripophily, Coins, Historic Ephemera, Security Printing Ephemera, Stamps and Postal History. Also included
in the auction are numerous rare and desirable items consigned from numerous estates and longtime collections with
many having never been offered previously at auction.
The auction will be held in 5 sessions over 2 days. Included will be over 700 lots of World banknotes, coins and
scripophily on day 1 and over 500 lots of Scripophily with hundreds of additional U.S. notes, Security Printing Ephemera
lots and related material on the second day.
The team at Archives International Auctions would like to thank you for your participation during these interesting and for
some people difficult times. We hope we are adding a little fun and enjoyment to your life and that you are doing well,
staying healthy and staying safe. We look forward to seeing everyone again at upcoming shows and look forward to a
better upcoming year.
We are now working on our late Summer and Fall 2020 auctions and are seeking consignments, so please contact us to
discuss how you may participate in our future auctions. 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
Best of luck,
Bob Schwartz

Auction 60
featuring
Historic Ephemera, Security Printing Ephemera, Stamps and Postal History
Tuesday, July 7th and Wednesday, July 8th 2020
TO BE SOLD AT PUBLIC AUCTION: Lots 1 to 1523 - Over 2 Days
:
Archives International Auctions
Tuesday, July 7th, 2020
SESSION 1 : Lots 1 to 306 beginning at 11:00 am ET
Chinese & Worldwide Banknotes, Coins and Scripophily – Algeria to French West Africa
SESSION 2 : Lots 307 to 719 beginning no earlier than 2:30 PM EST
Worldwide Banknotes & Coins – Gambia to Yugoslavia
Wednesday, July 8th, 2020
SESSION 3 : Lots 720 to 991 beginning at 11:00 AM EST
U.S. & World Scripophily – Automobiles to Oil & Gas Bonds and Shares
SESSION 4 : Lots 992 to 1266 beginning at 2:30 PM EST
U.S. Railroad Bonds & Shares to U.S. Federal Bonds, Liberty Loan Bonds and Federal Documents
U.S. Colonial Banknotes to Stamps & Postal History
by
ARCHIVES INTERNATIONAL AUCTIONS, LLC
Numismatic and Philatelic Auctioneers
1060 Main Street
River Edge, New Jersey, 07661 USA
Phone: 201-944-4800 Facsimile: 201-871-4345

DR. ROBERT I. SCHWARTZ
President, Archives International Auctions
DESCRIPTIONS
Dr. Robert I. Schwartz
Mahdi Bseiso
Denise Feinberg
Casey Abribat
Bruce Roland Hagen
CATALOG PRODUCTION
Leroy Mitchell – Vice President of Catalog Production and Director of Operations
David Conway, Debra Schwartz, Robert Schwartz
Alfred Henry, Denise Feinberg, Casey Abribat, Cara Walenza, Mahdi Bseiso
AUCTIONEER
Norman R. Scrivener, License #695072
I am dedicating Archives International Auctions 60th Auction to the memory of my mother Tillie Schwartz.
I would also like to thank my good friends Norman Scrivener, Larry Schuffman, John Herzog, Russell Kaye, and Mahdi
Bseiso 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 sixtieth volume of the Archives International Auction Series.
Bob Schwartz

Sale 60 Tuesday, July 7th and Wednesday, July 8th 2020
BIDDING INFORMATION: Archives International Auctions Phone: (201) 944-4800; FAX: (201) 871-4345
BY TELEPHONE: Live phone bidding space is limited and is available on a first come, first serve basis. Please call us at
1-201-944-4800 to set up your bidding reservation. Phone bidding is limited to lots $200 and above..
BY FAX OR EMAIL: Bids may be Faxed to 201-871-4345 or emailed to info@archivesinternational.com up until 11:00 PM Monday, July 6th
for Sessions 1& 2 and Tuesday, July 7th up until 11:00 PM for Wednesday Sessions 3, 4 & 5 otherwise your bids may not be entered on time.
Bids by Snail Mail: Please mail bids to our 1060 Main St., Suite #202, River Edge, NJ 07661 USA.
BY SNAIL MAIL: Please mail bids to our 1060 Main St., Suite #202, River Edge, NJ 07661 USA.
.
ABSENTEE BIDDING DIRECTLY THROUGH AIA: You still need to register to bid so please download the Registration-absentee bidding
form from our website or contact us and we will email you one. Phone bids can be accepted in emergency at 201-944-4800
LIVE INTERNET BIDDING THROUGH OUR WEBSITE: You may register to bid live online through our Archives International Live
bidding portal found on our website and iCollector.
VIA AN AUCTION AGENT: Please contact us to refer you to an agent to help you bid in the auction.
VIEWING TIMES AND APPOINTMENTS:
At our offices at 1060 Main Street., River Edge, NJ: By appointment only.
There will be a 22% Buyer’s Premium added through our Live and absentee bidding portal from our website or from
iCollector. Please be aware of the extra charge. If bidding through Invaluable or related companies, there is a 25% BP
added. Payment by Credit Card will have a 2% Surcharge added. Payment by PayPal will have a 4.5% Premium added,and
Bank wires will have a $15 charge added as well as all currency conversion and additional bank charges if applicable.
PLEASE NOTE: WE CANNOT ACCEPT OVERSEAS CREDIT CARDS FOR MORE THAN $1000 UNLESS YOU HAVE BEEN A
PREVIOUS CLIENT. WE CAN ACCEPT BANK WIRES FOR PURCHASES OVER $500 ONLY.
INSTRUCTIONS FOR PAYMENT BY WIRE TRANSFER:
Name of Bank: Bank of America ABA Routing Number: 026009593 Swift Code: BOFAUS3N
Account #: 0023 7766 9642 Account Title: Archives International LLC
SESSION 2 : Lots 307 to 719 beginning no earlier than 2:30 PM EST
Wednesday, July 8th, 2020
SESSION 3 : Lots 720 to 991 beginning at 11:00 AM EST
U.S. & World Scripophily – Automobiles to Oil & Gas Bonds and Shares
U.S. Railroad Bonds & Shares to U.S. Federal Bonds, Liberty Loan Bonds and Federal Documents
Tuesday, July 7th, 2020
SESSION 1 : Lots 1 to 306 beginning at 11:00 am ET

1060 Main Street, Suite 202
River Edge, New Jersey 07661
Phone (201) 944-4800 Fax (201) 871-4345
info@archivesinternational.con
www.archivesinternational.com
Ke

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

Tuesday, July 7th and Wednesday, July 8th 2020 beginning at 11:00 am ET
TUESDAY, July 7th, 2020 – Lots 1 to 719 in 2 Sessions
SESSION 1 LOTS 1 - 306
ALGERIA TO CHILE……………………………………….....……...................
CHINA EMPIRE………………………………………………….........................
CHINA - REPUBLIC………………………………………………......................
JAPANESE INFLUENCE……………………………………………..................
CHINA - TAIWAN …………………………………………….................…..…...
CHINA - FOREIGN BANKS……………………….…….................……...........
CHINA - PROVINCIAL BANKS……………………………………………….....
CHINA – MILTARY BANKS………………………………………………………
CHINA - PRIVATE BANKS & LOCAL ISSUES………………………………..
CHINA - VARIOUS ISSUES……………………………………………..............
CHINA - SCRIPOPHILY….…………………………………….……..................
CHINA - EMPIRE & REPUBLIC SILVER COINS………………….................
COLOMBIA TO FRENCH WEST AFRICA……………………………………..
GAMBIA TO GEORGIA………….................…….................……...................
GERMAN EAST AFRICA TO GERMANY – ALLIED OCCUPATION…….....
GERMAN DEMOCRATIC REPUBLIC TO GERMAN FEDERAL REPUBLIC
GERMANY – NOTGELD, LOCAL & CITY ISSUES……….................………
GERMANY – NOTGELD, POW ISSUES…………….................…….............
GERMAN STATES & GERMAN COINS…………….................….................
GHANA TO RHODESIA…………………………….................…….................
RUSSIA TO YUGOSLAVIA…………………………….................……............
WEDNESDAY, July 8th, 2020 – Lots 720 to 1523 in 3 Sessions
U.S. & World Scripophily - Automobiles to Oil & Gas Bonds and Shares
U.S. Railroad Bonds & Shares to U.S. Federal Bonds,
Liberty Loan Bonds and Federal Documents
U.S. COLONIAL BANKNOTES………….................…….................…….......
U.S. OBSOLETE BANKNOTES TO CONFEDERATE BONDS
& BANKNOTES……….................…….................…….................……..........
U.S. LARGE & SMALL TYPE, NATIONAL BANKNOTES & MPC
U.S. DEPRESSION SCRIP TO PHILATELIC WORLDWIDE…….................
Table of Contents
1267-1276
1277-1367
1368-1390
1391-1523
1-78
79
80-121
122-131
132-152
153-155
156-184
185-188
189-196
197
198-213
214-219
220-306
307-309
310-324
325-341
342-413
414-428
430-438
439-621
622-719

Archives International Auctions - Sale 60
1July 7-8,2020 Archives International Auctions www.archivesinternational.com
Algeria
1
1 Lotterie Nationale Algerienne, ca.1880-1890s, Lottery Ticket
Algeria. Lottery ticket with face value of 1 Franc and top prize of 500,000 Francs. 4
allegorical figures at left side, overall design similar to Algerian circulating paper money
issues at the time. Extra Fine to About Uncirculated.�� Est. $70-140
Angola
2
2 Republica Portuguesa - Angola. 1923-1942. Lot of 3 Issued Notes.
Angola. Lot of 3 notes, includes a trio of different 50 Centavos and 1 Angolar banknotes.
P-63; 64; 68. The First VF, the other two VG. (3)��Est. $60-80
3
3 Banco de Angola. 1962. Specimen Banknote. Angola. Specimen 500
Escudos, 1962, P-95s. Red on light blue, Americo Tomas portrait at left, harbor scene at
right, back red with rhinoceros, Black oval “Specimen DeLaRue Co.” overprints upper
left and lower right, S/N 1 Jp 00000 - 33, PMG graded Gem Uncirculated 65 EPQ (Cert
# 8072406-015). TDLR.�� Est. $180-280
Argentina
4
4 Banco Oxandaburu y Garbino Provisional Issue Banco Domingo
Garbino. 1869. Issued Banknote. Argentina, Provisional Banco Domingo
Garbino issue 1 Peso, 1869, P-S1802, hand stamped BANCO DOMINGO GARBINO on
obverse, Horse in middle flanked by young girl on left and anchor on right, Amazing
S/N 1000, pp Z, VF, ABNC.�� Est. $70-140
5
5 Banco De La Provincia De Buenos Aires, 1883 Proof Banknote.
Argentina. 1883. 4 Pesos de Oro, P-S537p Production proof with crayon outline of
the banknote plate without the vignettes, Printed in black on india paper cut down to
banknote size, Cow in the middle flanked by two notables on left and right, One small
hole in the right signature block, AU condition. ABNC. �� Est. $300-500
Aruba
6
6 Centrale Bank Van Aruba, 1990 Matching Low Serial Number
Presentation Set. Aruba, Lot of 5 matching low Serial Number “0000000056” set,
Includes 5; 10; 25; 50; and 100 Florin notes, P-6 to P-10, listed as CS1 in the SCWPM,
all with matching serial numbers, originally they were inserted into a presentation
booklet, these have been removed, very light mounting remnants right back border that
is difficult to view. All would be in Uncirculated to CU condition other than the light
mounting remnants. Attractive set. (5)�� Est. $450-750
Australia
7
7 Colonial Bank of Australasia. 1870. Issued Note. Australia. Lot includes
a Melbourne, I/C Second of Exchange for 20 Pounds with 3d revenue affixed. Fine to VF
with POCs.�� Est. $55-100
Session 1 (Lots 1-306)
Tuesday, July 7th, 2020 beginning at 11:00 am ET
Algeria to French West Africa
Tuesday, July 7th lots 1 to 719
U.S., Chinese Worldwide Banknotes, Scripophily, Coins,

2 July 7-8,2020 Archives International Auctions www.archivesinternational.com
8
8 Bank of Australasia, 1877 Uncut Sheet of 3 “Sydney Branch”
Proof Exchanges. Sydney, NSW. 18-- (ca.1877 written in pencil on bottom). Uncut
sheet of 3 proof 1st, 2nd and 3rd Bills of Exchange printed in black. Correspondent
bank in London, England. Printed on thick india type of paper. Vignette of lions,
unicorn and crown in middle and counterfoil of bank arms on left. All are in VF to AU
condition with minor toning and glue stains. Printed by Perkins, Bacon Co., London.
PBC.�� Est. $75-150
9
9 Australia. Union Bank of Australia 1883 Uncut Sheet of 2 Proof
Exchange Cert PB Australia. 1883 Proof uncut 1st 2nd Bill of Exchange pair,
Black printing on soft off white india type of paper, VF, toning, rare. From Perkins
Bacon Archives. PBC�� Est. $70-140
10
10 Commonwealth of Australia. ND (1928) Issue Banknote. Australia.
1/2 Sovereign, P-15c R7, Issued banknote, King George V at right, Arms at left, olive-
brown on light green, back brown, S/N B/35 028150, Signatures: Riddle | Heathershaw,
PMG graded Choice Fine 15 with note of margins trimmed. Attractive and scarce note.
�� Est. $180-280
11
11 Commonwealth of Australia. ND (1933-38) Issued Banknote.
Australia. £1, P-22 R28, Issued banknote, King George V at right, Arms at left, Dark
olive green on m/c underprint, back with Shepard with sheep, dark green, S/N L/6
150768, Signature E.C. Riddle | H.J. Sheehan, title “Governor Commonwealth Bank of
Australia”, PMG graded Choice Very Fine 35 with the appearance of even better with
bright colors and large even margins. (Cert # 8060193-005). Attractive and scarce note
rarely showing up this nice. �� Est. $200-350
12
12 Commonwealth ofAustralia. ND (1949). Issued Banknote. Australia.
£1 Pound, ND (1949), P-26c, R31, Issued banknote, King George VI at right, Coombs |
Watt signatures, title “Governor Commonwealth Bank of Australia”, S/N I/45 439439.
PMG graded Extremely Fine 40 (Cert # 8060193-007). �� Est. $130-250
13
13 Commonwealth of Australia. ND (1960-1965). Issued Banknote.
Australia. £5 Pounds, ND (1960-1965), P-35a, R50. Sir John Franklin, title “Governor
R.B.A., PMG graded About Uncirculated 50 EPQ (Cert # 8060193-021).�� Est. $130-250
14
14 Commonwealth of Australia. ND (1960-1965). Pair of Issued
Notes. Australia. Lot includes a pair of issued 5 Pounds banknotes. P-35 (2). Choice
XF to AU. (2)�� Est. $100-200

15
15 Commonwealth of Australia, ND (1968) Issued Banknote. Australia,
$20, P-41c R403, Issued, Kingsford Smith at right, black on orange and yellow underprint,
back with portrait of Hargrave at left, Phillips | Randall signatures, S/N XEU 909429,
PMG graded About Uncirculated 55 with note of minor stain on upper left border area.
The note catalogs $300 in Uncirculated. �� Est. $90-150
16
16 Reserve Bank of Australia. 1972 and 1979. Issued Banknote Pair
Australia. Lot of 2 notes, Includes 2 Dollars, P-40d, PMG Gem Unc 66 EPQ; and 10
Dollars, P-43c, PMG Choice VF 35. (2)�� Est. $70-120
17
17 Australia 2 Dollars 1979 P-43c R87 Seq. Pair PMG Gem Unc 66
EPQ (2 pcs) Australia 2 Dollars 1979 P-43c R87 Seq. Pair PMG Gem Unc 66 EPQ (2
pcs)�� Est. $90-160
18
18 Australia, Reserve Bank, 1979 High Grade Sequential Pair of $2
Banknotes. Australia, Lot of 2 sequential $2 notes, Both are P-43c, R87, MacArthur
at right, sheep in middle, back, S/N’s JUD 019212 and 019213, Both are PMG graded
Gem Uncirculated 66 EPQ. Attractive high grade sequential banknote pair. �� Est. $90-160
Travelers Checks
19
19 Australia Traveler Check Assortment of 9 Specimens. Australia, ND
(ca. 1960-80), Lot of 9 notes, 8 are Specimen Traveler Checks, Includes Bank of New
South Wells, $10; American Express A $10; Thomas Cook, $A200; National Australia
Bank, $20 and $50; National Bank of Australasia Limited, A$20, A$50 and A$100; also
included is an issued Australian Local note, 1970, 50 cents, “Hutt River Province”, all
are in Choice to Gem Uncirculated but some have been tipped onto card which could
possibly be removed. �� Est. $70-140
Foreign Banknotes
Austria
20
20 Gmunden, Molln, Rabenstein, Schwertberg,Wien Wimpassing.
1920s. Lot of 11 Issued Notgeld. Austria. Lot of 11 notes, includes an assorted
group of 50 Heller, 20 Kronen, 50 Kronen, an uncut trio of 2-30-99 Heller, and an uncut
trio of 10-20-50 Heller.. VF to AU. (11)��Est. $40-75
21
21 Hinterbrühl. 1920. Lot of 6 Issued Notgeld. Austria. Lot includes 6 notes,
all are 80 Heller Notgeld pieces. VF to XF. (6)��Est. $40-75
22
22 Various Austrian Authorities. 1920s. Lot of 18 Notgeld Proofs,
Errors or Printer’s Waste Notes. Austria. Lot of 18 notes, includes an
assortment of 10 Heller, 20 Heller, 50 Heller and 75 Heller Notgeld, including some that
are either partially printed by error or as part of the proofing process. XF to Unc. (18)
�� Est. $250-500

Azerbaijan
23
23 Republic of Azerbaijan. 1920. Issued Banknote. Azerbaijan. Issued
500 Rubles, 1920, P-7. Brown on light brick red brown underprint, S/N 54 ZR 3021,
PMG graded Choice Uncirculated 64 EPQ (Cert # 1956596-082). Rarely found this
nice.�� Est. $75-150
Bahamas
24
24 Government of the Bahamas, 1965 Issue Banknote. Bahamas, $10,
P-22a, Issued banknote, Dark blue on m/c, Queen Elizabeth II at left, back with m/c
flamingo scene, 2 signatures, S/N A378877, PMG graded Very Fine 30, TDLR. Scarce
note in any condition. Attractive note for grade.�� Est. $230-350
25
25 Various Bahamas Issuers. 1965-1974. Lot of 8 Issued Notes.
Bahamas. Lot of 8 notes, includes a pair of 1/2 Dollar and six 1 Dollar notes. P-17; 18 (2)
; 26; 35 (4). The 1/2 Dollar PMG 58 and 64, one of the 1 Dollars PMG 65 EPQ, the rest
Fine to XF. (8)�� Est. $200-300
26
26 Bahamas Monetary Authority, 1968 Issue Banknote. Bahamas, 1968,
$10, P-30a, Issued. Queen Elizabeth at left, S/N D069779, PMG graded Very Fine 30,
attractive note with firm paper, sharp corners and bright colors. TDLR. Scarce this nice.
�� Est. $200-350
27
27 Central Bank of the Bahamas, 1974, Issue Banknote. Bahamas, $20,
P-39a, Issued Banknote, Queen Elizabeth II at left, back m/c, S/N H661487, PMG
graded Very Fine 20. Scarce note.�� Est. $200-300
28
28 Central Bank of the Bahamas. 1974-2007. Lot of 9 Issued Notes.
Bahamas... Lot includes various $1 (7) and $5 (2) issues. P-27; 35a; 35a; 45a; 57; 57b; 69;
72. The $1 XF to Choice Unc, the $5 Fine. Sold “As is” no returns accepted for group lots.
(9)�� Est. $100-200
Barbados
29
29 Colonial Bank, 1871, 2nd of Exchange I/U Bill of Exchange.Barbados,
1871 Colonial Bank, 2nd of Exchange, I/U, 72 Pounds, Arms Left, VF condition. PB
Printer.�� Est. $55-110
Belgian Congo
30
30 Banque duCongo Belge. 1942. Issued Banknote. Belgian Congo. Issued
10 Francs, 1942, P-14Ba. Brown on m/c, Dancers at left, back with soldiers standing in
formation, PMG graded Very Fine 30 (Cert # 1956595-069). WS.�� Est. $130-260

Belize
31
31 Monetary Authority of Belize. 1980. Lot of 2 High Grade
Banknotes. Belize. Lot of 2 issued 1980 notes, both have Queen Elizabeth II on the
right, Includes 1 Dollar, P-38a; and 5 Dollars, P-39a. Both are PMG graded Superb Gem
Unc 67 EPQ. (2)�� Est. $240-450
32
32 Central Bank of Belize. 1990. Lot of 2 High Grade Banknotes.
Belize. Lot of 2 Issued 1990 notes, Both with Queen Elizabeth II at right, Includes $2,
P-52a, purple and m/c; and, $5, P-53a, orange and m/c. Both are PMG graded Superb
Gem Unc 67 EPQ, TDLR. These are tied with the highest graded notes in the PMG
census. (2)�� Est. $240-450
33
33 Central Bank of Belize. 1990. Highest Graded Issued Banknote.
Belize. Issued 10 Dollars, 1990, P-54a. Queen Elizabeth II at right, black, blue and m/c,
back with building, PMG graded Superb Gem Unc 69 EPQ (Cert # 1956597-010).
TDLR. This is the highest graded and finest known example of this note.�� Est. $350-700
Belize, Bermuda, St. Kitts
34
34 Various Caribbean Issuers. 1970-1976. Trio of Specimen Issued
Notes. Belize, Bermuda, St. Kitts. Lot of 3 notes, includes a specimen EC$ check
by the Eastern Caribbean Central Bank in St. Kitts; Bermuda 1 Dollar 1970; and Belize 1
Dollar 1976. Bermuda P-23; Belize P-33; St. Kitt’s P-NL. Check AU, the other two VF. (3)
�� Est. $130-250
Bermuda
35
35 Bermuda Government. 1957. Issued Banknote. Hamilton, Bermuda.
Issued 5/- Shillings, P-18b, Brown on m/c, Queen Elizabeth in middle, back m/c with
arms in middle, PMG graded Gem Uncirculated 66 EPQ (Cert # 1956596-104). BWC.
�� Est. $250-400
36
36 Bermuda Government, 1957 Issue Possibly a Replacement
Banknote. Hamilton, Bermuda. Issued 5/- Shillings, P-18b, Issued banknote, Brown
on m/c, Queen Elizabeth in middle, back m/c with arms in middle, S/N Z/1 396109,
PMG Graded Superb Gem Unc 67 EPQ. Rarely seen this nice. BWC.�� Est. $300-500
37
37 Bermuda MonetaryAuthority, 2000 Issue Note. Bermuda, 24 May 2000,
$100, P-55a, Issued Note, Queen Elizabeth II at right, Low Serial Number “D/1 000758”,
PMG graded Choice Uncirculated 64 EPQ. �� Est. $150-300
Bolivia
38
38 Banco Nacional de Bolivia. ND (ca. 1874). “Antofagasta” Front
Back Proof Banknote Pair. Antofagasta, Bolivia. Pair of Front Back Proof 1
Boliviano, ND (ca. 1874), P-S191p1 S191p2. Black on green border and underprint,
Native Bolivian on right, Llamas at left with mountain and town in middle, The face is
PMG graded Choice About Unc 58 and the back is Uncirculated 62 (Cert # 8072412-
025/26). ABNC. (2)�� Est. $300-500

39
39 Banco de la Nacion Boliviana. 1911. Lot of 6 Issued Notes. Bolivia.
Lot of 6 notes, includes an assortment of 1 Boliviano, 5 Bolivianos, and 20 Bolivianos
banknotes. P-102 (2); 103 (2); 106; 109. About Fine to Choice Fine. (6)��Est. $40-80
40
40 Banco Central De Bolivia, 1928 Specimen Banknote. La Paz, Bolivia.
1 Bolivianos, Series D4, P-118s unlisted specimen banknote, Brown on m/c. Bolivar at
left, City beneath mountain at right, back blue, Specimen overprints and POC’s. PMG
graded Superb Gem Uncirculated 67 EPQ condition. ABNC. This is the finest graded
example to be offered at auction.�� Est. $130-200
41
5 Bolivianos, Series G7, P-120s unlisted specimen, Green on m/c. Bolivar at left, City
beneath mountain at right, back brown, Red Specimen overprints and POC’s. PMG
graded Gem Uncirculated 66 EPQ condition. ABNC. Scarce this nice. �� Est. $80-140
42
10 Bolivianos, Series P1, P-121s unlisted specimen, Blue on m/c. Bolivar at left, City
beneath mountain at right, back red, Red Specimen overprints and POC’s. PMG graded
Superb Gem Uncirculated 67 EPQ condition. ABNC. This is the highest graded example
offered at auction since 2013. �� Est. $150-250
43
20 Bolivianos, P-122s unlisted specimen, Brown on m/c. Bolivar at left, City beneath
mountain at right, back green, Red Specimen overprints and POC’s. PMG graded
Superb Gem Uncirculated 66 EPQ condition. ABNC. Scarce this nice. �� Est. $90-150
44
44 Banco Central De Bolivia, 1942 Issue Banknote. La Paz, Bolivia. 16
March, 1942. 10,000 Bolivianos, Ser. A, P-137, Issued banknote, Blue in m/c, Puerta
Del Sol ruin in middle, S/N 005795, PMG graded Choice Extremely Fine 45 with the
appearance of AU with large even margins, sharp corners and fresh, crisp appearance.
WS. Rare note with only 7 graded previously in the PMG census.�� Est. $350-700
45
45 Banco Central de Bolivia, 1953, Set of 7 Photo Proofs for
Unadopted Issue Bolivia, (1953) set of B/W photo proofs of unadopted series
from 1953, prepared by Security Banknote Company but never issued. Includes
unfinished reverse for 10000 Bolivanos, with guilloche and denomination; also obverse
and reverse for 1000 Bolivanos, 500 Bolivanos, and 100 Bolivanos. The latter 6 front +
back all on a single uncut piece of photo paper. Such proofs are also known as bromide
proofs. Rare and the only form in which these unissued types can be collected. SBNC (2)
�� Est. $140-280
Botswana
46
46 Bank of Botswana. ND (ca. 1992). Issued Banknote Finest Graded
by PMG Botswana. Issued 50 Pula, ND (ca. 1992), P-14a. Brown on m/c, S/N
F011256A, PMG graded Superb Gem Unc 68 EPQ* (Cert # 1956597-038). FPZH. Finest
graded out of 3 in the PMG graded census.�� Est. $200-400

Brazil
47
47 Companhia Transportes Urbanos. ND (ca.1880-90’s). Issued Note
- Note Used as Model with design Changes on Back. Bahia, Brazil.
Companhia Transportes Urbanos railway pass used as a scrip note during financial
panics in Brazil in the 1880-90’s, Black printing on face, Horse drawn street car, back
orange with building with additional text added to change the design, this is an unissued
specimen model from the ABN production department with additional changes hand
written on the back of the scrip note in pencil adding a denomination value. Perforated
on 4 borders, XF with staple holes and pencil annotation on back. These tickets were
used a scrip notes.�� Est. $250-400
48
48 Republica Dos Estados Unidos Do Brasil, 1925 1931 Banknote
Trio. Brazil…., Lot or 3 issued notes, includes 1925, 5 Mil Reis, P-29b in VF to Choice
VF; 1925, 5 Mil Reis, P-29c, XF to Choice XF condition; and 1931, 20 Mil Reis, P-48d, VF
to Choice VF condition. (3)�� Est. $140-250
49
49 Tesouro Nacional. 1940s-1950s. Dozen Issued Notes. Brazil.... Nice
group of issued notes, includes 1 Cruzeiros (P-132a; P-150a); 2 Cruzeiros (P-133a;
P-151b); 5 Cruzeiros (P-134a; P-142); 10 Cruzeiros (P-135a; P-143); 100 Cruzeiros
(P-138a); 200 Cruzeiros (P-154c); and 500 Cruzeiros (P-140a; P-155a). ABNC TDLR.
Please inspect, sold as is.�� Est. $60-120
British Honduras
50
50 Government of British Honduras. 1973. Issued Banknote. British
Honduras. Issued 20 Dollars, 1973, P-32c. Brown on light green, Queen Elizabeth II
at right, back m/c, S/N E/1 351773, PMG graded Very Fine 25 (Cert # 1956596-071).
BWC.�� Est. $450-900
British North Borneo
51
51 British North Borneo Company, 1927 Issue Banknote. BNB. $1, P-20,
KNB5, issued banknote, Black with red underprint, olive green back, S/N F437462,
PMG graded Very Fine 20 with note of small area of rust. BEB.�� Est. $450-900
Burma
52
52 MilitaryAdministration of Burma. ND (1945).Trio of Issued Notes.
Burma. Lot includes a trio of KGVI-era 1 Rupee, 5 Rupees, and 10 Rupees notes. P-25b;
26; 28. VF to Choice VF. (3)�� Est. $60-120
Burundi
53
53 Banque de la Republique du Burundi. 1975 (1974). Color Trial
Specimen Banknote. Burundi. Color Trial Specimen, 50 Francs, 1975 (1974),
P-22Acts. Red on m/c instead of issued brown on m/c, The top margin has written,
“Wrong Color”, PMG graded Gem Uncirculated 66 with comment “EPQ; Printer’s
Annotations” (Cert # 1956589-058).�� Est. $240-350

Canada - Dominion
Very possibly a unique Dominion of Canada proof banknote. This is the only graded
example by PMG and it came directly from the engravers estate.
54
54 Dominion of Canada, 1870 Face Proof Banknote, Possibly Unique Canada, March 1st, 1870, 25 Cents, P-8ap DC-1cP1, Face proof, Black without underprint, Brittania with
spear at center, W. Dickinson | T.D. Harington signatures, Plain, No Series, PMG Uncirculated 60 with note of stain and small piece missing on the lower left signature area. BABNC. This is the
only example for this variety that has been graded by PMG and very possibly unique. It originally came from the engravers files. ��Est. $2,500-5,000
55
55 Dominion of Canada, 1878 “Payable at Montreal” Issue Banknote. Montreal, Canada. 1st June 1878. $1, P-18a, DC-8e-iii-O, Issued banknote, Payable at Montreal on back,
black on green with green “1” protectors, S/N C 711351 pp A, Series “C”, portrait of Countess of Dufferin in middle, Scalloped and lettered borders with “1” in corners, Hand signed by various
signers on left, printed signatures of Harrington on right, back green and positioned slightly high, PMG graded Very Fine 25 with note of Toned, Rare note in any condition. ��Est. $1250-2500

56
56 Dominion of Canada. 1900. Lot of 7 Issued Notes. Canada.... Lot
includes a group of issued 25 Cents notes w/several different signatories. P-9a; 9a; 9a;
9b; 9b; 9c. VG to Fine, stains, soiling, a couple with small edge faults. Sold “As is” no
returns accepted for group lots. (7)�� Est. $90-160
Unique Mockup Photo Proofs from the ABN
Archives
57
57 Dominion of Canada, 1918 Original Mockup Photo Proof Ottawa,
Canada. January 2nd, 1918. Legal Tender Note For Use By Banks Only, Lot of 2 photo
proofs, Includes $5,000, P-32A, Photo Proofs of face, banknote sized, 7 3/4 x 4 3/4
inches, black printing, Queen Victoria at left, Fine to VF condition, the paper is slightly
wavy, the top left and right corner tips are missing with light mounting remnants on
back; Photo Proof of $5000 back, banknote sized, 7.5 x 4.5 inches, black printing, Ornate
cycloid design, Fine to VF condition, the paper is slightly wavy, the lower right corner tip
missing with small tears in the margin. Extremely rare note in any format. This photo
proof of the original mockup was used during the production process to determine if
the design and text were fine and correct and also used for approvals. It was removed
from a large ABN Banknote Photographic reference book. Unique in this format.
ABNC. (2)�� Est. $500-1000
58
58 Dominion of Canada, 1918 Original Mockup Photo Proof from
ABN Ottawa, Canada. January 2nd, 1918. Legal Tender Note For Use By Banks
Only, $50,000, P-32B, This photo proof of the original mockup was used during the
production process to determine if the design and text were fine and correct and also
used for approvals. It was removed from a large ABN Banknote Photographic reference
book. Unique in this format. ABNC. �� Est. $500-1000
Canada - Private Banks
59
59 Canadian Bank of Commerce. 1917. Issued Banknote. Canada. Issued
10 Dollars, 1917, P-S966Ae. 75160412a, Foringer design of allegorical women and
children, S/N B375848, PMG graded Very Fine 30 EPQ (Cert # 8072412-052). ABNC.
�� Est. $250-400
60
60 Canadian Bank of Commerce, 1917, Specimen Banknote. Toronto,
Ontario, Canada, 2nd January, 1917, $20, 75160208S, Specimen banknote, Black on
m/c, Foringer design with nude women, Neptune and allegorical figures, M/c arms in
middle, back orange with bank arms flanked by allegorical man and woman, No S/N, pp
D, Major Tint, Specimen overprint in red and POC. PMG graded Choice Uncirculated
64, very attractive note with popular Foringer design. ABNC, Ottawa�� Est. $500-800

61
61 Canadian Bank of Commerce, 1917 (1924 imprint on bottom),
Proof Obverse Banknote. Toronto, Ontario, Canada, 2nd January, 1917, $100,
75160212P1, Proof face printed on india on cut down thin card banknote, Black with no
seal or undertint, Foringer design with nude men and women and allegorical figures, No
back. PMG graded Choice Uncirculated 63, very attractive high denomination note with
popular Foringer design. Canadian BNC, Ltd, Ottawa, 1924.�� Est. $600-1000
62
62 Tiffany Bro’s Commission Scrip Issued by W.P. Jeffery, ND
(ca.1870’s) 25 Cents Scrip Note. Hamilton, Ontario, Canada, 25 Cents,
Issued Scrip Note - Ad Note, Dog at left facing down, W.P. Jeffery, Importer of Men’s
Furnishings, Hats, Caps etc., “Try our shirt made to order”, No. 60 James St., North Cor.
Rebecca St., Hamilton, Ontario, Canada. The scrip note was worth 25 Cents toward any
purchase of $2.50 or more. Choice VF condition. Rare.�� Est. $250-400
Canada - Government
63
63 Bank of Canada, 1935 “English” Issue Banknote. Ottawa, Canada. Issue
of 1935, $20, BC-9b, Issued banknote, S/N A159568 pp B, J.A.C. Osborne | G.F. Towers
signatures, PMG graded Very Fine 25. Nice original note.��Est. $1250-2000
64
64 Bank of Canada. 1935. Lot of 2 Issued Notes, “French English”
Versions. Canada….. Lot of 2 KGV-era issued $1 notes, one French one English.
P-38; 39. Choice VG to Fine. Sold “As is” no returns accepted for group lots. (2)�� Est. $110-220
65
65 Bank of Canada. 1937. Lot of 5 Issued Notes. Canada.... Lot includes a
quintet of KGVI-era issued $1 and $2 notes, all with Coyne-Towers signatures. P-58e;
58e; 58e; 59c; 59c. Generally Fine to VF. Sold “As is” no returns accepted for group lots.
�� Est. $120-240
66
66 Bank of Canada. 1937. Lot of 5 Issued Notes. Canada…. Lot includes a
quintet of KGVI-era issued $1, $2, and $5 notes, all with Gordon-Towers signatures.
P-58a; 58a; 59b; 60b; 60b. Generally VF or better. Sold “As is” no returns accepted for
group lots. (5)�� Est. $120-240
67
67 Bank of Canada. 1937. Issued Banknote. Canada. Issued 1 Dollar, 1937,
BC-21c. Black on light green underprint, King George VI in middle, back green, S/N
B/M 8381445, PMG graded Gem Uncirculated 65 EPQ (Cert # 1956599-041). CBNC.
�� Est. $130-250

68
68 Bank of Canada. 1937. Issued Banknote. Canada. Issued 1 Dollar, 1937,
BC-21c. Black on light green underprint, King George VI in center, S/N G/M 6891091,
Gordon | Towers signatures, PMG graded Gem Uncirculated 66 EPQ (Cert # 1956596-
002). CBNC.�� Est. $200-400
69
69 Bank of Canada. 1954. Issued “Devil’s Face” Banknote. Canada.
Issued 10 Dollars, 1954, BC-32a. Black on purple underprint, Queen Elizabeth at right
with “Devil’s Face” hairstyle, S/N B/D 3442275, PMG graded Gem Uncirculated 65
EPQ (Cert # 1956596-083). BABN.�� Est. $600-900
70
70 Bank of Canada. 1954. Issued “Modified Portrait” Banknote.
Canada. Issued 10 Dollars, 1954, BC-40b. Black on purple underprint, Queen Elizabeth
II at right with modified portrait, S/N G/V 3107369, PMG graded Choice Uncirculated
64 (Cert # 1956596-081).�� Est. $110-220
71
71 Banque of Canada, ca.1960-70 Miniature Mock-up with Original
Artwork Proof Design Essay for Banknote Back. Canada, ND (ca.1960-
70) Mockup Banknote back or Bond Coupon, or both. Original artwork of building at
left with pieces pasted on the thin card of text, arms and building. 2.5 x 1.2 inches though
it looks like they could be enlarged. Black on light gray-green undertint that appears to
be painted onto the image. British American Bank Note Company, Ltd. �� Est. $375-500
72
72 Banque of Canada, ca.1960-70 Miniature Mock-up with Original
Artwork Proof Design Essay for Banknote Back. Canada, ND (ca.1960-
70) Mockup Banknote back or Bond Coupon, or both. Original artwork of monument
at left with pieces pasted on the thin card of text, arms and signature. 2.5 x 1.2 inches
though it looks like they could be enlarged. Black on light green and gray undertint
that appears to be painted onto the image. British American Bank Note Company,
Ltd. �� Est. $375-500
73
73 Bank of Canada. 1973. High Grade Low Serial number Sequential
Issued Notes. Canada. Lot of 2 notes, Both are sequential $1 notes with low serial
numbers AA0000617-AA0000618. BC-46a. Both PMG Graded Gem Unc 66 EPQ.Est. $180-350
74
74 Bank of Canada. 1973. High Grade Lot Serial number Sequential
Banknote Pair. Canada. Lot of 2 notes, Both are sequential $2 notes with low serial
numbers BA0000617-BA0000618. $2, BC-47a. Lawson | Bouey signatures, PMG Graded
Superb Gem Unc 67 EPQ 68 EPQ respectively. Tied with the highest graded note
offered at auction previously. BABN.�� Est. $350-700

Cayman Islands
76
76 Cayman Islands Currency Board, 1971 Issue Banknote Pair. Cayman
Islands…. Lot of 2 notes, Both are 1971 issues, $1, notes, Includes $1, PMG graded Gem
Uncirculated 65 EPQ and a second ungraded that appears equal or better. Attractive
high grade pair of notes (2).�� Est. $150-300
Ceylon
77
77 Government of Ceylon - British Administration, 1939 Issue
Banknote. Ceylon, 5 Rupees, Issued banknote, Black on light green underprint, back
green with small elephant, Green serial number M/31 85971, PMG graded Very Fine 30.
TDLR. Only one note offered previously at auction in slightly higher grade since 2014.
�� Est. $250-375
Chile
78
78 Banco de Talca. ND (ca. 1885). Specimen Banknote. Talca, Chile.
Specimen 5 Pesos, ND (ca. 1885), P-S439s. Black on blue, and red undertint, Allegorical
Justice at right, Mountains in middle and portrait of man at oeft, counterfoils-coupons
on left and right, blue back, Specimen overprints, POC’s, S/N 00000, PMG graded
Choice Uncirculated 64 (Cert # 8072412-027). ABNC.�� Est. $700-1400
China - Empire
Previously Unlisted Denomination Rarity
79
79 TaCh’ingGovernment Bank,Shansi Issue,Unlisted Denomination
Rarity, ca.1911 Issue. China…. 2 Taels, P-A83 Type, S/M#T10-?, Unlisted
denomination, remainder with counterfoil attached to right, Purple on light green
underprint with facing dragons and flags in the top center, Choice VF condition, Rare
and attractive banknote.��Est. $2000-4000
An extremely high graded Bank of Canada, 1973 Low Matched S/N 616 Set of 5 Notes
75
75 Bank of Canada. 1973. Lot of 5 Issued Notes With Low Matching Serial Numbers. Canada. Lot includes a matched quintet of $1-$2-$5-$10 and $50 notes, all with
matching low serial numbers AA0000616, BA0000616, CA0000616, DA0000616, HA0000616. BC-46a; 47a; 48a; 49a; 51a. $1, The notes are PMG Graded Gem Unc 66 EPQ; $2, Superb Gem Unc
67 EPQ; $5, Gem Unc 65 EPQ; $10, Superb Gem Unc 68 EPQ; and $50 Superb Gem Unc 67* EPQ. (5)��Est. $1500-2500

China - Republic
80
80 Agricultural Industrial Bank of China (Hankow Branch). 1932.
Issued Banknote. Hankow, China. Issued 5 Yuan, 1932, P-A110a S/M#C287-42a.
Green on m/c, farmer plowing rice paddy at left, back green, PMG graded Very Good
10 (Cert # 1956599-027). ABNC.�� Est. $200-300
81
81 Bank of China. 1918. “Shanghai / Harbin” Issue Banknote. China.
Issued 10 Cents = 1 Chiao, 1918, P-48b S/M#C294-93b. Black on m/c, pagoda on
right, Shanghai overprinted on Harbin note, PMG graded Choice Uncirculated 63 with
comment “EPQ” (Cert # 1956595-114). ABNC.�� Est. $150-300
82
82 Peh-Hai, Peking Proof Portrait by ABNC Prepared for Banknotes.
Peking, China, 1910-30, Proof portrait engraving of Pei-Hai, Peking, a tall building or
temple in background, printed in black on light olive-gray underprint on india paper,
2.25 by 3 inches, bottom imprint has Pei-Hai, Peking - Special - V-43237 - American
Bank Note Company. Choice Uncirculated condition. Rare proof vignette and amazing
miniature work of art from the American Bank Note Production department. Possibly
prepared for the 1912-1913 Bank of China issues. ABNC.�� Est. $200-400
83
83 Bank of China, 1918 “Shanghai” Branch Issue Undertint Proof
Rarity. Shanghai, China. 10 Yuan, P-53m (S/M#C294-102k), Production proof of the
undertint and guilloches printed on india paper in blue, orange and green, with imprint
on top “Bank of China 10 Yuan Shanghai Face Tint for Litho -C-14860” and guidelines
on sides, AU condition with mounting remnants on back right margin where previously
mounted, This undertint proof is from one of the scarcest Branch varieties of this issue
that is missing from most collections in any format or condition. ABNC.�� Est. $200-400
84
84 Bank of China, 1941 Specimen Banknotes. China, 5 Yuan, P-92s,
S/M#C294-261, Specimen banknote, Red on m/c, SYS on top middle, back red with
pagoda in middle, Specimen overprints, POC’s S/N “00000”, PMG graded Gem
Uncirculated 65 EPQ. ABNC. �� Est. $300-500
85
85 Bank of China. 1941. Issued Banknote. China. Issued 10 Yuan, 1941, P-95
S/M#C294-263. Red on m/c SYS in middle, back red. PMG graded Choice Very Fine 35
(Cert # 1956595-091). DTBC.�� Est. $80-160

86
86 Bank of China. 1941. Specimen Banknote. China. Specimen 500 Yuan,
1941, P-97s S/M#C294-266. Olive-brown on m/c, SYS in middle, back brown with
pagoda, Specimen overprint, S/N 00000, POC’s, PMG graded Choice About Unc 58
(Cert # 8072412-023). ABNC.�� Est. $600-1200
87
87 Bank of Communications (Shanghai Branch). 1914. Issued
Banknote. China. Issued 5 Yuan, 1914, P-117n S/M#C126-93a. PMG graded Gem
Uncirculated 66 EPQ (Cert # 1956596-003). ABNC.�� Est. $130-260
88
88 BankofCommunications,1914“Shanghai”HighGradeBanknote.
Shanghai, China. 1914, 5 Yuan, P-117n, Issued banknote, Brown on m/c, locomotive in
middle, back brown with bank building, S/N SB906921L, PMG graded Superb Gem
Uncirculated 67 EPQ. ABNC.�� Est. $160-300
89
89 Central Bank of China and Bank of Communications Pair, 1914
and 1936 China…. Lot of 2 notes, Includes 1936, Central Bank of China, 100 Yuan,
P-220a, AU; and 1914, Bank of Communications, 100 Yuan, Shanghai Issue, P-120c,
Choice VF. WS and ABNC�� Est. $80-160
90
90 Bank of Communications, 1927 First Issues. Tsingtau, China. 1927. 20
Cents, P-143e, (S/M #C126-183e), Issued banknote, Red-brown on face with steamship
and locomotive, back is blue. Serial #B435794, PMG graded “30 Very Fine - EPQ
(Exceptional Paper Quality)”, Rare note in high condition that is rarely seen in any
condition. WS. �� Est. $75-120
91
91 Bank of Communications (Shantung Branch). 1927. Issued
Banknote. Shantung, China. Issued 1 Yuan, 1927, P-145Ba S/M#C126-194. Orange
on m/c, Train traveling through the gorge, S/N E051108L, PMG graded Choice Unc 64
(Cert # 1956596-006). ABNC. This is the highest graded note offered since 2015 for this
issue. Rarely seen this nice issued. �� Est. $400-600
92
92 Bank of Communications (Shantung Branch). 1927.Specimen
Banknote. Shantung, China. 1927, 5 Yuan, P-146Cas S/M#C126-204. Purple on
m/c, Locomotive straight on, back purple on m/c, PMG graded Gem Uncirculated 66
EPQ (Cert # 8072406-036). ABNC.�� Est. $450-900

93
93 Bank of Communication. 1941. Sequential High Grade Issued
Banknote Pair. China. Sequential pair of issued 20 Yuan, 1941, P-159a,
S/M#C126-254. Locomotive on right, brown on m/c, back brown on m/c undertint,
S/N’s D448046 and D448047. Both PMG graded Superb Gem Unc 67 EPQ (Cert #
1956596-093/94). DTBC. It has been over 4 years since any other Superb Gem Unc notes
have been offered in auction. (2)�� Est. $300-500
94
94 Bank of Communications. 1941 High Grade Issue. China. 10 Yuan.
P-159a, S/M#C126-254, Issued banknote, Brown on m/c, Locomotive at right. Back
brown, S/N D448042, PMG graded Superb Gem Uncirculated 67 EPQ. DTBC.�� Est. $200-350
95
95 Central Bank of China. ND (1931). Issued Banknote. China. Issued 25
Cents, ND (1931), P-204 S/M#C300-23. Red, gateway at left, S/N A285171H, back navy
blue, PMG graded Choice Unc 64 (Cert # 1956596-051). CHB.�� Est. $200-400
96
96 Central Bank of China. 1941, Issued Banknote. China. Issued 2 Yuan,
1941, P-230, S/M#300-150. PMG graded Gem Unc 65 EPQ. CHB.�� Est. $90-160
97
97 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”, Series 1A, S/N 000000, PMG
graded Superb Gem Uncirculated 67 EPQ, 8 Chinese character printer (SBNC). Est. $300-500
98
98 Central Bank ofChina. 1945.ColorTrial Specimen Banknote. China.
Color Trial Specimen 1000 Yuan, 1945, P-289cts S/M#C300-265. Dark brown with SYS
in middle, Series 1-A, back olive-brown, PMG graded Gem Uncirculated 66 EPQ (Cert #
1956589-067). SBNC.�� Est. $375-550
99
99 Central Bank ofChina. 1945.ColorTrial Specimen Banknote. China.
Color Trial Specimen 1000 Yuan, 1945, P-289cts S/M#C300-265. Dark brown with SYS
in middle, Series 1-A, back olive-brown, PMG graded Superb Gem Unc 67 EPQ (Cert #
1956589-068). SBNC.�� Est. $450-750

100
100 Central Bank of China, 1947 High Graded Issue Banknote. China,
5000 Yuan, P-312, S/M#C300-301, Issued banknote, SYS at left, blue on light green
underprint, S/N NW 048850, PMG graded Gem Uncirculated 66 EPQ. Printer: CPF. It
is close to 2 years since another example of this note at this high grade designation has
been offered in auction. �� Est. $130-260
101
101 Central Bank of China, 1930 High Grade Banknote and Highest
Graded by PMG. China. 100 Customs Gold Units, P-330a, S/M#C301-12, Issued
banknote, PMG graded Gem Unc 66 EPQ and finest known. ABNC.�� Est. $300-600
102
102 Central Bank of China, 1948 Customs Gold Units Issue Face
Back Specimen Highest Graded by PMG. China, 1948. Lot of 2 pieces,
10,000 Yuan, P-363sp uniface face and back “Specimens”, Face Blue with portrait of SYS
in middle, PMG graded Superb Gem Unc 68 EPQ; The back blue with bank building,
red “00000” serial numbers, POC’s, PMG graded Superb Gem Unc 67 EPQ, Rarely seen
this nice. SBNC.�� Est. $800-1200
103
103 Central Bank of China, 1948 Customs Gold Units Issue Specimen
Face Back Pair. China, 1948. 10,000 Yuan, P-363sf and P-363sb. Uniface Front
and Back “Specimens” that are possible Color Trial banknotes in a slightly different
shade of blue than the issued notes, Face Blue with portrait of SYS in middle, back blue
with bank building, red “00000” serial numbers, Both have small red imprints on the top
margins “3-31-(19)48 - B”, POC’s. Both are PMG graded Superb Gem Uncirculated 67
EPQ and are possibly the finest known for this issue. SBNC. (2 pieces)�� Est. $550-750
104
104 Central Bank of China. 1948. Issued Banknote. China. Issued 25,000
Customs Gold Units, 1948, P-366, S/M#C301-72. PMG graded Superb Gem Unc 67
EPQ. CPF. Possibly one of the finest known.�� Est. $250-500
105
105 Central Bank of China. 1948. Front Back Printer’s Design
Banknote Pair. China. Pair of Front Back Printer’s Design Essay 250,000
Customs Gold Units banknotes Includes Obverse and Reverse with blank backs with
printed text “Approved for production” and room for signature which is missing, 1948,
P-374pd1 and P-374pd2 S/M#C301. Orange brown with SYS in middle of face and bank
building on back, Chinese specimen overprints on face and English Specimen on back,
POC’s, Series “00-A”, Small date and text on top margin “8-19-(19)48 - L-302-F”, Both
are PMG graded Gem Uncirculated 66 EPQ (Cert # 8072412-034/35). SBNC. Extremely
rare and attractive Security Banknote Company essay note design that was evidently
rejected by China.��Est. $1200-1800

106
106 Central Bank of China. 1945. Back Specimen Banknote. China.
Back Specimen 5 Yuan, 1945, P-389s2 S/M#C302-3. Blue, junks in middle, Sunbursts
on left and right, overprinted S/N S195773* on blank back, POC’s, PMG graded Gem
Uncirculated 66 EPQ (Cert # 1956589-104). SBNC.�� Est. $120-200
107
107 Central Bank of China. 1945. Front Specimen Banknote of
Unissued Variety. China. Front Specimen 5 Yuan, 1945, P-NL S/M#300. Blue
with SYS in middle, Series 1-A, Chinese Specimen overprints, S/N 000000, POC’s,
overprinted S/N S193850* on blank back, PMG graded Gem Uncirculated 66 EPQ (Cert
# 1956589-064). SBNC.�� Est. $350-700
108
108 Central Bank of China, 1946 “Color Trial Specimen” Uncut Pair.
China, 1946, uncut vertical pair of 20 Cents, P-396cts3 S/M#C302-11, Black with
no underprint, CKS at right, back green with junk in middle, both have engraved
SPECIMEN overprints, PMG graded Superb Gem Uncirculated 67 EPQ. �� Est. $400-700
109
109 Central Bank ofChina, 1949Uniface Front Back EssaySpecimen
Banknote Pair. China, Lot of 2 notes, 1949, 500,000 Gold Yuan, Series 1A,
P-Unlisted, (Previously given P-425s1 and P-425s2 by PMG) (S/M#302-74 which is not
correct). Uniface front and back specimen banknotes in green, CKS in middle, Red
specimen overprint, “00000” serial numbers and POC. The face is PMG graded Choice
Uncirculated 64 EPQ and the back is graded Choice Unc. 64 EPQ. SBNC. Rare banknote
in any form. SBNC. (2)�� Est. $600-1200
110
110 Bank ofTerritorial Development, 1915. “Manchuria” Branch Issue.
Manchuria, China. 1915, 20 Cents, P-571, (S/M#C165-12), Issued banknote, Green, field
workers at left, S/N G0153459, BEPP, VF. Rarely found in this high of grade.�� Est. $80-160
111
111 Farmers Bank of China Savings Note 100 Yuan Dated 1944.
Sezchuan, China. A savings note issued by the Wan County Branch (Sichuan Province)
of Farmers Bank of China in 1944, with the amount of 100 yuan. The front and back
side show signatures and seals of the managers.民國33年中國農民銀行節約建國儲
蓄券100圓甲種券，萬縣辦事處發行，上有主管人員簽章。�� Est. $55-110

112
112 Interest Bearing Note, 1921 Issued Banknote and Highest Graded
Note. China. 5 Yuan, P-628c, S/M#T185-11c, Issued banknote, Dark green with
black text and overprinted seal and red serial number, back similar colors, PMG graded
Choice Uncirculated 64 EPQ. This is the highest graded note in the PMG census out of
4 graded. �� Est. $150-250
113
113 Bank of China. 1949. Issued Banknote. China. Issued 5 Yuan, 1949, P-813a
S/M#C282-21. Brown on beige underprint, S/N (I-II-III) 32405718, (Block 123), PMG
graded Choice Very Fine 35 (Cert # 1956595-115).�� Est. $300-500
114
114 People’s Bank of China. 1949. Issued Banknote. China. Issued 1000
Yuan, 1949, P-847a S/M#C282-61. S/N 22721639 Block 132, PMG graded Choice Fine
15 (Cert # 1956595-001).�� Est. $200-400
115
115 People’s Republic. 1960. Issued Banknote. China. Issued 1 Yuan, 1960,
P-874b. Woman driving tractor, S/N I-V-VI 5480213 Block 156, Wmk: Star Pu, PMG
graded Gem Unc 65 with comment “EPQ” (Cert # 1956596-041).�� Est. $120-200
116
P-875a2. Man working on lathe, Green on m/c, S/N VII-I-III 6654275 Block 713, 3
Roman Numerals, Wmk: Stars, PMG graded Gem Unc 66 with comment “EPQ” (Cert
# 1956596-043).�� Est. $300-600
117
P-875a2. Man working on lathe, Green on m/c, S/N X-I-VI 9018216 Block 016, 3 Roman
Numerals, Wmk: Stars, PMG graded Superb Gem Unc 67 EPQ (Cert # 1956596-042).
Attractive high grade note.�� Est. $400-800
118
118 Bank of China. 1979. Issued Foreign Exchange Certificate. China.
Issued 5 Yuan, 1979, P-FX4. PMG graded Superb Gem Unc 67 EPQ (Cert # 1956596-
056).�� Est. $120-240
119
119 Bank of China, Foreign Exchange Certificate, 1988 Issue
Banknote. China, 50 Yuan, P-FX8, Issued banknote, mountains in middle, back with
text in English and Chinese, PMG graded Gem Uncirculated 66 EPQ.�� Est. $240-350

120
120 Bank of China. 1988. Issued Foreign Exchange Certificate
Banknote. China. Issued Foreign Exchange Certificate 100 Yuan, 1988, P-FX9. Black,
dark green on light green underprint, S/N CQ 01868392, Great Wall of China in middle,
back with text, PMG graded Gem Uncirculated 66 EPQ (Cert # 1956597-006).�� Est. $230-350
121
121 People’s Government of Songjiang Province real property license
1950. 松江省人民政府1950年房產執照 Songjiang Province, China. 1950.
A house license issued by the Songjiang Province government in 1950, clarifying the
ownership of a house. The top of the license shows a portrait of Chairman Mao, with
two national flags of China. Wheat plants and farming scenes are drawn around the
license. A big red seal of the People’s Government of Songjiang Province is present on
the left side of the license. Regulations are shown on the back side. 松江省人民政府於
1950年所發之房產執照。正面上方為毛主席像及國旗，四周環繞麥穗及農業
圖景。左側有松江省人民政府印。背面為注意事項。�� Est. $250-350
China - Japanese Influence
122
122 Central Reserve Bank of China. 1940-1943. Pair of Issued
Banknotes.China…. Includes 10 Yuan, 1940, P-J12; and 100 Yuan, 1943, P-J14b, black
signature. Both Choice AU to Unc. (2)�� Est. $80-160
123
123 Federal Reserve Bank ofChina, ND (1943) HighestGraded by PMG
Issued Banknote. China, 10 Yuan, P-J76a S/M#C286-73, Issued banknote, Black
on light green underprint, Jade Peak Pagoda at right, Kuan Yu at left, S/N 0885405 Blk
(NZG), PMG graded Superb Gem Uncirculated 67 EPQ. This is the finest graded out of
46 notes and impossible to improve upon. �� Est. $500-800
124
124 Federal Reserve Bank of China. 1938. Issued Banknote. China...
Issued 100 Yuan, 1944, P-J83, S/M# C286-85, Choice to Gem Unc.�� Est. $120-240
125
125 Federal Reserve Bank of China. 1944. Issued Banknote. China….
Issued 500 Yuan, ND (1944), P-J84, S/M# C286-91, Unc with minor foxing lower right
corner tip.�� Est. $120-240
126
126 Central Bank of Manchukuo. ND (1933). Issued Banknote. China.
Issued 5 Yuan, ND (1933), P-J126a S/M#M2-21. Blue on Yellow, red, peach and m/c,
Building on right, flag on left, back olive green, S/N 258361 Block 72, PMG graded
Choice Very Fine 35 (Cert # 1956599-029).�� Est. $400-800
127
127 China/Japanese Military WWII, ND (1945) Specimen Banknote.
China / Japanese Military. 100 Yen - Title A, P-M21s, S/M#T30-14, Specimen banknote,
Block 1, Red “Mi-hon” overprint, PMG graded Gem Uncirculated 65 EPQ, The last
time an example of this came to auction was over 1 year ago. Attractive high grade
note.�� Est. $200-400

128
note.�� Est. $200-400
129
note.�� Est. $200-400
130
note.�� Est. $200-400
131
131 Hua-Hsing Commercial Bank, 1938 Issued Banknote Rarity. China.
20 Cents = 2 Chiao, P-J94a, S/M#H184-2, Issued banknote. “Block 1”, PMG graded
About Uncirculated 53 EPQ, Tied with the finest note offered at auction. Only 2 other
notes have graded higher. Rare and desirable note an first time offered by us.�� Est. $750-1250
China - Taiwan
132
132 Bank of Taiwan. ND (1904). Issued Banknote. Taiwan, China. Issued 1
Yen, ND (1904), P-1911 S/M#T70-10. Black on peach, Facing dragons and birds, S/N
600359 Block Q, PMG graded Very Fine 25 EPQ (Cert # 1956596-001).�� Est. $300-600
133
133 Bank of Taiwan, 1950 “Kinmen” Issue Banknote. Kinmen, Taiwan, 10
Cents, P-R103b (S/M#T74-10b), blue with no underprint, SYS in middle, back blue with
bank building, S/N AA 403708, PMG graded Gem Uncirculated 65 EPQ, attractive and
high grade note.�� Est. $100-200

134
high grade note. One of 2 sequential examples in this auction.�� Est. $130-260
135
high grade note. The second of 2 sequential examples in this auction.�� Est. $130-260
136
136 Bank ofTaiwan, 1950 Issue High Grade Sequential Banknote Pair.
Kinmen, Taiwan, Lot of two sequential banknotes, both are Issued 10 Cents, P-R103b
(S/M#T74-10b), Blue with SYS in middle, back with bank building, S/N’s AA 403728
403729, PMG graded Gem Uncirculated 66 EPQ and 65 EPQ respectively. (2)�� Est. $200-400
137
137 Bank of Taiwan, 1950 “Kinmen” Issue High Grade Banknote.
Kinmen, Taiwan, 50 Cents, P-R104b (S/M#T74-11), brown on pink underprint with SYS
in middle, back with bank building, S/N AA 827042, PMG graded Gem Uncirculated 65
EPQ, attractive and high grade note. One of 2 sequential examples.�� Est. $230-350
138
138 Bank of Taiwan, 1950 “Kinmen” Issue High Grade Banknote.
Kinmen, Taiwan, 50 Cents, P-R104b (S/M#T74-11), brown on pink underprint with SYS
in middle, back with bank building, S/N AA 827043, PMG graded Gem Uncirculated 65
EPQ, attractive and high grade note. The second sequential example of this scarce note.
�� Est. $230-350
139
139 Bank of Taiwan, 1950 Issue High Grade Banknote Kinmen, Taiwan, 50
Cents, P-R104b (S/M#T74-11), brown on pink underprint with SYS in middle, back with
high grade note and one of 2 sequential notes offered in this auction.�� Est. $250-375
140
140 Bank of Taiwan, 1950 Issue High Grade Banknote Kinmen, Taiwan, 50
Cents, P-R104b (S/M#T74-11), brown on pink underprint with SYS in middle, back with
high grade note and the second of 2 sequential notes offered in this auction.�� Est. $250-375
141
141 Bank ofTaiwan, 1950 Issue High Grade Sequential Banknote Pair.
Kinmen, Taiwan, China. Lot of two sequential banknotes, both are Issued 50 Cents,
P-R104b (S/M#T74-11), brown on pink underprint with SYS in middle, back with bank
building, S/N’s AA 827040 827041, Chin Men at left and right on back, both are PMG
graded Gem Uncirculated 65 EPQ, attractive and high grade sequential pair. (2)� Est. $450-750

142
142 Bank ofTaiwan, 1950 “Kinmen (Quemoy)” Issue Banknote. Taiwan,
China. 10 Yuan, 1950, P-R105, S/M#T74-21. Issued banknote, Blue on yellow and m/c
underprint, SYS in middle, back blue with bank building, S/N D786528U, PMG graded
Gem Uncirculated 66 EPQ. FPFT. One of 2 sequential high grade examples in this
auction.�� Est. $250-375
143
Gem Uncirculated 65 EPQ. FPFT. The second of 2 sequential examples in this auction.
�� Est. $200-350
144
Gem Uncirculated 65 EPQ. FPFT. One of 2 sequential examples in this auction.� Est. $200-350
145
Gem Uncirculated 65 EPQ. FPFT. The second of 2 sequential examples in this auction.
�� Est. $200-350
146
China. 1950, 10 Yuan, P-R105, S/M#T74-21, Issued banknote, Blue on yellow and m/c
underprint, SYS at top, back blue with bank building, S/N D786522U, PMG graded Gem
Uncirculated 66 EPQ. FPFT. One of 2 sequential notes offered in this auction.�� Est. $250-375
147
China. 1950, 10 Yuan, P-R105, S/M#T74-21, Issued banknote, Blue on yellow and m/c
underprint, SYS at top, back blue with bank building, S/N D786523U, PMG graded Gem
Uncirculated 66 EPQ. FPFT. The second of 2 sequential notes offered in this auction.
�� Est. $250-375

148
148 Bank of Taiwan, 1950 “Kinmen (Quemoy)” Issue Sequential Pair.
Taiwan, China. Lot of 2 high grade sequential notes, both are 1950, 10 Yuan, P-R105,
S/M#T74-21, Issued banknotes, Blue on yellow and m/c underprint, SYS at top, back
blue with bank building, sequential pair, S/N’s D786524U and D786525U, Both are PMG
graded Gem Uncirculated 65 EPQ, large even margins, sharp corners and crisp fresh
appearance. FPFT. 92)�� Est. $350-700
149
149 Bank of Taiwan. 1955, Issued High Grade Banknote. Kinmen, Taiwan.
1955, 5 Yuan, P-R108, S/M#T74-40, PMG graded Gem Unc 65 EPQ, PFBT. �� Est. $250-375
150
1955, 5 Yuan, P-R108, S/M#T74-40, PMG graded Gem Unc 66 EPQ, PFBT. Only one
note grades higher than this lovely note in the PMG census. �� Est. $280-450
151
1955, 5 Yuan, P-R108, S/M#T74-40, Purple, SYS in middle top, back same color with
bank building, S/N AA756570, PMG graded Gem Unc 66 EPQ, PFBT. This is one of 3
examples offered in the auction with only one note grading higher in the PMG census.
One of 2 sequential notes offered.�� Est. $280-450
152
1955, 5 Yuan, P-R108, S/M#T74-40, Purple, SYS in middle top, back same color with
bank building, S/N AA756571, PMG graded Gem Unc 66 EPQ, PFBT. This is one of 3
examples offered in the auction with only one note grading higher in the PMG census.
This is the second of 2 sequential notes offered.�� Est. $280-450
China - Foreign Banks
153
153 Russo-Asiatic Bank. 1917. Issued Banknote. Harbin, China. Issued 50
Kopeks, 1917, P-S473a, S/M#O5-100. PMG graded Gem Unc 65 EPQ. ABNC.�� Est. $350-500

154
154 Russo-Asiatic Bank in Harbin. ND (1917). Issued Note. China. Lot
includes a pair of issued 1 Ruble notes, featuring locomotive on reverse. P-S474 (2). Fine
to VF. (2)�� Est. $70-120
155
155 Russo-Asiatic Bank in Harbin. ND (1917). Trio of Issued Notes.
China. Lot of 3 notes, includes a trio of 1 Ruble banknotes. P-S474 (3). Fine to About VF.
(3)�� Est. $120-200
China - Provincial Banks
189.99
156
156 Anhwei Yu Huan Government Bank 1907 Dollar Issue. China. 1907.
$1, P-S819, (S/M #A6-1), Issued Banknote, Dragons facing each other in blue upper and
lower margins with face and back of large coin, back light brown ad black with Chinese
text only. The note appears in Fine condition 3 small holes but possibly it was washed in
another lifetime. Rare note in any condition. �� Est. $350-500
157
157 Charhar Commercial Bank (Kalgan). 1933. Issued Banknote. China.
Issued 5 Yuan, 1933, P-S856Ca S/M#C3-2a. PMG graded Gem Unc 65 with comment
“EPQ” (Cert # 1956596-039). BEPP.�� Est. $120-240
158
158 Charhar Commercial Bank (Kalgan). 1935. Issued Banknote.
Kalgans, China. Issued 10 Cents, 1935, P-S857A S/M#C3-10. brown with hilly scene,
back brown with small train in middle, S/N B0849918, PMG graded Gem Uncirculated
66 EPQ (Cert # 1956596-034). BEPP.�� Est. $200-400
159
159 Provincial Bank ofChihli. 1927 Essay Proof 1Yuan Back P-Unlisted
Design Date China, Provincial Bank of Chihli, 1927 Essay Printer’s Design for
Unlisted Later Date, Possibly Unique. February 1st 1927, not listed in Pick, S/M#C163,
without S/N or signatures. PMG graded Choice Uncirculated 63 NET with comment
“Backed”. ABNC. This note is dated 1927. Evidently it was a planned but never issued
banknote series. Possibly unique in this format. �� Est. $200-400
160
160 Yung Heng Provincial Bank of Kirin, 1918 First “Big Money” Issue
Specimen Banknote Harbin, China... 1918, $10, P-S1022s, S/M#C76-80, Blue on
light orange, building at left, back dark blue-black on light olive, POC’s, Red Chinese
Specimen Overprints, Regular S/N 165775, PMG graded Choice Fine 15 with note of
Previously mounted and Stamp ink. Rare and unlisted as a specimen banknote. No
examples have been offered at public auction that we know of. Printer: BEPA�� Est. $250-400
161
161 KirinYung Heng Provincial Bank. 1926. Issued Banknote. China…..
Issued 5 Dollars “Big Money”, 1926, P-S1067, S/M# C76-132, Choice Fine with
annotations.�� Est. $180-280

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