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The E-Sylum: Volume 18, Number 47, November 22, 2015, Article 25

SELECTIONS FROM THE HERITAGE WORLD CURRENCY SALE

Here are a few highlights and other lots that caught my eye in the upcoming Heritage World Currency auction (December 10-12 in Hong Kong). -Editor

Lot 26137: China Russo-Chinese Bank - Tientsin 50 Taels

China Russo-Chinese Bank - Tientsin 50 Taels

China Russo-Chinese Bank - Tientsin 50 Taels ND (1907) Pick S552s Specimen

The original name for the Russian interest bank appears on this example, with the denomination in taels. This bank later operated as the Russo-Chinese Bank, which used old remainders of this design to print an updated location of issue and denomination in dollars. This update obliterated many features, which can only be seen on a note such as this. The classical design with dragons and the more complex designs in the underprint is a trademark of Bradbury Wilkinson notes only for a few years around the turn of the century.

To read the complete lot description, see:
China Russo-Chinese Bank - Tientsin 50 Taels ND (1907) Pick S552s Specimen. (http://currency.ha.com/itm/world-currency/china-russo-chinese-bank-tientsin-50-taels-nd-1907-pick-s552s-specimen/a/3540-26137.s)

Lot 26086: China People's Republic 10 Yuan 1953 Pi

China People's Republic 10 Yuan 1953

China People's Republic 10 Yuan 1953 Pick 870

The 1953 10 Yuan note is among the most coveted of modern Chinese notes. Attrition was high because of the economic turmoil in the decades after it was issued. As a high denomination, it was far out of the reach of much of the public, amounting to as much as three months worth of labor.

To read the complete lot description, see:
China People's Republic 10 Yuan 1953 Pick 870. (http://currency.ha.com/itm/world-currency/china-people-s-republic-10-yuan-1953-pick-870/a/3540-26086.s)

Lot 26221: Macau Banco Nacional Ultramarino 100 Patacas

Macau Banco Nacional Ultramarino 100 Patacas

Macau Banco Nacional Ultramarino 100 Patacas 22.7.1919 Pick 9

The crown jewel of Macau banknotes. This was the first 100 Patacas note issued by the BNU and was the highest denomination in circulation until the emergency issues in 1944. The first Patacas were introduced by the Portuguese Colonial government to simplify the multitude of currencies in circulation at that time, from Mexican Pesos to British Trade dollars (Macau was a major trading port). However, circulation of Patacas was not wide, as traders preferred specie or the more recognized and equally valued Hong Kong Dollar. Like early Hong Kong notes, large banknotes were often redeemed at the banks, leading to the scarcity of these notes today.

This stunning example is highlighted by its stainless paper and multicolor underprint as prepared by Bradbury Wilkinson and Company.

To read the complete lot description, see:
Macau Banco Nacional Ultramarino 100 Patacas 22.7.1919 Pick 9. (http://currency.ha.com/itm/world-currency/macau-banco-nacional-ultramarino-100-patacas-2271919-pick-9/a/3540-26221.s)

Lot 26029: China Bank of China - Shanghai 10 Yuan 1924

Bank of China - Shanghai 10 Yuan 1924

China Bank of China - Shanghai 10 Yuan 1924 Pick 62

An excellent issued version of this design which has only seen the lightest touches of circulation. The complex patterns and colors on the underprint are well preserved on this PMG About Uncirculated 55 example.

To read the complete lot description, see:
China Bank of China - Shanghai 10 Yuan 1924 Pick 62. (http://currency.ha.com/itm/world-currency/china-bank-of-china-shanghai-10-yuan-1924-pick-62/a/3540-26029.s)

Lot 26214: Japan US Occupation Kume-jima 50 Sen

Japan US Occupation Kume-jima 50 Sen

Japan US Occupation World War II - Kume-jima 50 Sen ND (1945) Schwan-Boling 902

A chit printed by the hectograph method and having the facsimile signature of Economics Officer Wm. C. Lassiter. The small island of Kume-jima is in the western part of the Ryukyus, and United States personnel landed there on June 26, 1945. A need to pay local workers quickly developed, and scrip was the answer. Much more detail on this issue can be found on pages 312-13 of World War II Remembered by C. Frederick Schwan and Joseph E. Boling.

To read the complete lot description, see:
Japan US Occupation World War II - Kume-jima 50 Sen ND (1945) Schwan-Boling 902. (http://currency.ha.com/itm/world-currency/japan-us-occupation-world-war-ii-kume-jima-50-sen-nd-1945-schwan-boling-902/a/3540-26214.s)

NA sale 58 ad 2015-11 v02


Wayne Homren, Editor

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