Rare Ming dynasty banknote to headline Stack's Bowers sale

paulfrasercollectibles

2015-06-26 13:39:25

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Rare Ming dynasty banknote to headline Stack's Bowers sale

Bidding on the rare Ming dynasty banknote will open at $60,000

A 400 cash banknote dating to the reign of the first emperor of the Ming dynasty (1368-1398) is to auction at Stack's Bowers with a $60,000 opening bid.

The sale will feature a range of coins and banknotes from across the continent of Asia and will take place in Hong Kong on April 14.

Ming dynasty 400 cashThe 400 cash note is a significant piece of Chinese numastic history

The large format note is one of only two known surviving examples; the otheris permanently held in the collection of a museum.

Regarded asone of the most important Chinese numismatic items to come to auction in recent years, it features obligation and counterfeiting clauses at its centre, offering a fascinating glimpse into the financial dealings of medieval China.

A 1927 Chartered Bank of India, Australia and China $100 note issued in Hong Kong will auction with a starting bid of $18,000.

Chartered Bank Hong KongThe $100 carries the unique issue date of September 1, 1927

Few of these banknotes remain in existence and none of those display the September 1, 1927 date of issue featured on this example - making it potentially unique.

It features elegantly realised illustrations of bridges and waterfalls as well as rich colours, with both English and Chinese text.

Also featured is a rare, uncirculated 1,000 Baht note issued by the government of Thailand in 1948 which is offered with an opening bid of $9,000.

You can view our range of investment grade coins here.

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