Category Archives: Chinese banknotes

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Long-Whiskered Dragon Dollar Brings $690,000 at Heritage Sale

June 29, 2023 Heritage Auction Leave a comment

6 billion Yuan, the largest-denomination Chinese banknote, brings $78,000 to top $1.5 million World Paper Money auction A Hsüan-t’ung silver Specimen Pattern “Long-Whiskered Dragon” Dollar Year 3 (1911) SP63 NGC sold for $690,000 USD to lead Heritage Auctions’ HKINF World Coins Platinum Session and Signature Auction – Hong Kong to $9,675,525 June 21-23. The […]

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Finest Hupeh 5 Yuan in Heritage HKINF Paper Money Auction

June 12, 2023 Heritage Auction Leave a comment

One of the most important criteria for any collectible is rarity. That alone makes a 5 Yuan banknote that will be offered in Heritage Auctions’ June 20 HKINF World Paper Money Signature Auction – Hong Kong event a must-have for any serious collector of Asian currency. The China Hupeh Government Cash Bank 5 Yuan / […]

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Rare Hupeh 7 Mace 2 Candareens Note in Stack’s Bowers Hong Kong Auction

April 11, 2023 Stack's Bowers Leave a comment

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The spring Hong Kong sale from Stack’s Bowers Galleries is now available for viewing and bidding, and we are excited to be offering many rarities in this sale. Of note is the Chinese Private Issue section, where an impressive number of these notes can […]

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From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part VI

November 15, 2022 Dr. Richard S. Appel Leave a comment

Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Part I | Part II | Part III | Part IV | Part V | Part VI * * * For decades, some Republic of China (1912-49) banknotes displaying unusual inscriptions were seldom seen or reported. From experience, only a few dedicated, […]

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Rare Unusual Chinese Banknotes Offered in Stack’s Bowers Hong Kong Auction

September 15, 2022 Stack's Bowers Leave a comment

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Cloth 1933 1 Yuan – Szechuan-Shensi Provincial Soviet Workers and Farmers Bank The Stack’s Bowers Galleries Fall Hong Kong Auction should be an impressive sale. One standout note is lot 40579, a P-S3243b 1933 1 Yuan from the Szechuan-Shensi Provincial Workers & Farmers Bank […]

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From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part V

May 18, 2022 Dr. Richard S. Appel Leave a comment

Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Part I | Part II | Part III | Part IV As I discussed in earlier articles in this series, the rise to power of the Chinese Communists in 1949 created numerous rarities among the heretofore circulating Chinese banknotes. This was due […]

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Stack’s Bowers Ponterio to Offer Nearly 10,000 Lots of Asian Numismatics in May Hong Kong Auction

April 20, 2022 Stack's Bowers Leave a comment

Stack’s Bowers and Ponterio is pleased to present a large and varied selection of Asian and Asia-related coins and paper money in their biannual Hong Kong Showcase Auction. The sale comprises eight live sessions and 10 internet sessions spanning 13 days, beginning at 10:00 AM, Tuesday, May 3 Hong Kong Time (Monday, May 2, 7:00 […]

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Hyperinflation: Five Banknotes That Signaled Economic Catastrophe

March 15, 2022 Tyler Rossi Leave a comment

By Tyler Rossi for CoinWeek ….. What is inflation? Basically, inflation is the rate, usually measured yearly, at which prices increase. When controlled by financial institutions and kept below 2% annually, inflation can actually help increase consumer demand and drive economic growth. However, if inflation starts to increase rapidly, money becomes worth significantly less. Central […]

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From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part IV

February 7, 2022 Dr. Richard S. Appel Leave a comment

Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Part I | Part II | Part III The Central Bank of China was officially established in November 1928. This was the year after Chiang Kai-shek assumed leadership of the Republic of China’s (1912-1949) government. The bank’s mandate was to set economic […]

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Stack’s Bowers December Hong Kong CCO Auction Brings $10 Million+

December 17, 2021 Stack's Bowers Leave a comment

As the world shifts to a more digitized environment, numismatic items that had previously been reserved for live sales at major auctions are crossing the block at internet-exclusive events. The Stack’s Bowers Galleries December 2021 Hong Kong sale set the record for the largest online-exclusive numismatic auction, realizing more than $10 million in total sales. […]

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Heritage World Coins, Paper Money Auctions Combine to Top $13.8 Million

December 15, 2021 Heritage Auction Leave a comment

‘Mukden Tiger’ dollar roars past $2.1 million to pace Heritage Auctions’ biggest HKINF event The popularity and demand for Asian numismatics has soared recently. Nowhere was that more evident than at Heritage Auctions’ HKINF World Coins Signature Auction December 11-13 and HKINF World Paper Money Signature Auction December 11, which combined $13,810,122 USD in […]

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Stack’s Bowers Ponterio Hong Kong Auction Surpasses $30 Million Mark 2nd Consecutive Time

October 14, 2021 Stack's Bowers Leave a comment

After 13 separate sessions comprising world and ancient coins along with world paper money, the Stack’s Bowers and Ponterio September Hong Kong Auction realized in excess of $33 million USD, double the published high estimate. The sale presented over 8,000 lots, over 96.5% of which found their way into new collections. Among the world coins, […]

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Stack’s Bowers Ponterio to Hold Firm’s Largest Hong Kong Auction

September 23, 2021 Stack's Bowers Leave a comment

In what has already been a banner year for the venerable auction house, Stack’s Bowers and Ponterio is excited to announce their fall Hong Kong sale–always the market-maker and trendsetter within Chinese numismatics and beyond. Comprising 8,064 lots of coins, medals, tokens, currency, and other forms of exonumia, the Fall 2021 Auction will be the […]

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From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part III

June 18, 2021 Dr. Richard S. Appel Leave a comment

Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Links to Part I | Part II Many factors converge to create the attraction and desirability of pre-1950 Chinese currency to worldwide collectors, investors, and history enthusiasts. This is especially true of the notes issued by the Bank of Communications (BofComm). One […]

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From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part II

February 19, 2021 Dr. Richard S. Appel Leave a comment

Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Link to Part I After the Qing dynasty was overthrown in the 1911-12 Chinese Revolution, the Bank of China (BOC) was formed. It took the role of the first central bank of the newly named Republic of China and replaced the dynasty’s […]

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Heritage Hong Kong Auctions Top $6.5 Million

December 30, 2020 Heritage Auction Leave a comment

Heritage’s final numismatic signature auctions of 2020, held December 17-19 in Hong Kong, realized more than $6.5 million with Post-Auction sales continuing. These auctions focused on Asian coins and currency, along with a small but significant offering of ancient coins. All prices include a 20% Buyer’s Premium. The auction of World and Ancient coins raised […]

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Heritage Offers Ernest J. Montgomery, M.D. Collection of Chinese Banknotes

December 3, 2020 Heritage Auction Leave a comment

Adding excitement to the upcoming Heritage Auctions HKINF World Paper Money Signature Auction, being held December 17-19, 2020 is the featured offering of the Ernest J. Montgomery, M. D. Collection of Chinese banknotes. The core of this collection centers around the first series of banknotes by issued the People’s Bank of China between 1949 and […]

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From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency

November 24, 2020 Dr. Richard S. Appel Leave a comment

By Dr. Richard S. Appel – UniqueRareCoins.com …… The year 1949 saw the culmination of the long, bloody Chinese civil war that had begun in 1927. That was when Chiang Kai-shek’s governing Republic forces initiated a purge of their opposition, the Chinese Communist Party, that was steadily gaining strength and followers. By the early 1930s, […]

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PMG Announces Two Certified Paper Money Labels in New Format

August 20, 2020 Paper Money Guaranty Leave a comment

Paper Money Guaranty® (PMG®) is now offering two attractive special labels that fully embrace its recently released fourth-generation holder and label design. One label features a waving US flag across the full length of the PMG label, bordered by blue holographic foil at the left and red holographic foil at the right. The other label […]

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NGC Coins and PMG Notes Impress in Stack’s Bowers May Sale

May 14, 2020 Numismatic Guaranty Corporation Leave a comment

A coin certified by Numismatic Guaranty Corporation® (NGC®) and a note certified by Paper Money Guaranty® (PMG®) achieved the top results in the Stack’s Bowers Galleries coin and paper money auctions in Hong Kong, China held May 4-6, 2020. The top result in the coin auction was a China 1929 L&M-91 Italy Satin Finish Silver […]

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Rare Hong Kong 1893 10 Dollar Note: Only Issued Pick-143 Certified by PMG

April 22, 2020 Stack's Bowers Leave a comment

By Aris Maragoudakis – Director of World Currency Auctions, Stack’s Bowers Galleries …… In lot 50281 of the upcoming Stack’s Bowers May 4, 2020 Hong Kong Auction of Chinese, Hong Kong and World Paper Money, we will be offering a scarce banknote printed by Barclay and Fry Ltd. PMG’s population report lists this note as […]

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China: First female tractor driver and national icon, immortalised on one-yuan banknotes, dies

January 22, 2020 Michael Alexander Leave a comment

Chinese state media has announced the death of one of the country’s most well-known personalities of the early communist state. Liang Jun (1930–2020) was one of the first and most renowned model workers

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PMG-Certified 1975 2 Yuan Proof Leads Sale of Professor Hsu Collection

December 20, 2019 Paper Money Guaranty Leave a comment

Paper Money Guaranty® (PMG®) has certified the collection of Yih-Tzong Hsu, a Taiwanese professor who is a leading collector and researcher of Chinese banknotes. The PMG certified collection of nearly 300 Chinese notes – dozens of them Specimens and Proofs – will be sold by Spink in Hong Kong on January 3-4, 2020. The centerpiece […]

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Heritage to Offer Yuri Solovey Collections of China and Banque de l’Indochine Banknotes

November 27, 2019 Heritage Auction Leave a comment

We are pleased to offer yet another installment of the Yuri Solovey Collection (session 1) as a part of our December 4-6 Signature Auction of World Paper Money. Mr. Solovey is an investor and businessman with a passion for traveling and culture and is drawn to paper money because of its artistry and history. His […]

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US, Chinese & World Banknotes, Coins & Scripophily Auction From Archives International Ends Nov. 21

November 19, 2019 Archives International Auctions Leave a comment

Archives International Auction’s (AIA) November “Auction 56” scheduled for Thursday, November 21, consists of 1,040 lots of in three sessions. Session 1 will include 447 lots of World and Chinese banknotes, coins, and scripophily featuring many rare and desirable notes. Session 1 begins at 10:30 am ET. Session 2 (lots 448-789) will include 341 lots […]

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PMG Online Gallery Showcases DC Chio Collection of First Series Renminbi Notes

November 18, 2019 Paper Money Guaranty Leave a comment

Paper Money Guaranty® (PMG®) has created an online image gallery to showcase the 285 PMG-certified specimen notes in the amazing DC Chio Collection of First Series Renminbi (RMB). The Renminbi was introduced in December 1948 by the nascent People’s Bank of China in order to facilitate commerce in areas controlled by the Communist forces during […]

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Heritage Hong Kong Auctions Total More Than $5.7 Million

July 9, 2019 Heritage Auction Leave a comment

Rare Chinese coinage led the way as Heritage Hong Kong Auctions June 26-28 Signature Sales in Hong Kong realized in excess of $5.7 million overall. Auctions of both World Currency and World and Ancient Coins were held in conjunction with the Hong Kong International Numismatic Fair. All prices realized include a 20% Buyer’s Premium. The auction […]

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Paper Money News – PMG Certifies Unlisted 1975 People’s Republic of China 2 Yuan

January 31, 2019 Paper Money Guaranty Leave a comment

Paper Money Guaranty® (PMG ®) recently authenticated and graded a stunning, unlisted 1975 People’s Republic of China (PRC) 2 Yuan proof note. It is graded PMG 62 Uncirculated. This proposed 1975-dated design was ultimately not approved for circulation and was never officially issued. Unlike many proofs that are printed on thin India paper, this proof […]

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Rare Chinese Patterns Lead $5.1 Million Heritage Auctions Hong Kong Event

December 12, 2018 Heritage Auction Leave a comment

Rare gold and silver patterns provided many of the highlights as Heritage’s auctions realized over $5.1 million December 5-7 in Hong Kong. After auction sales are continuing and may add even more to the total. All prices include a 20% Buyer’s Premium. Rare coins sold for over $3.3 million in total, with the vast majority […]

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Archives International to Offer US, Chinese and World Banknotes, Scripophily at Milestone 50th Auction

November 19, 2018 Archives International Auctions Leave a comment

The auction will be held by Archives International Auctions in NYC and their offices in Fort Lee, N.J. Archives International Auction’s (AIA) December “50th Milestone Auction” scheduled for Monday and Tuesday, December 3-4, consists of over 1,150 lots of rare and desirable banknotes, scripophily, Presidential autographs, and historic Ephemera. Featured will be an extensive collection […]

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Hong Kong Monetary Authority launches new banknote series from issuing banks

July 25, 2018 Michael Alexander Leave a comment

The Hong Kong Monetary Authority (HKMA), the central association which governs and regulates the issue of banknotes from the three commercial banks and issues currency banknotes in the City State has launched (23rd July) new banknotes and themes for the 2018–2019 series. The HKMA regulates the issue of banknotes from Note Issuing Banks (or NIB’s), which include the Hong Kong & Shanghai Banking Corporation, the Standard Chartered Bank, and the Bank of China — who issue these currency notes on behalf of the HKMA

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Chinese, US & World Banknotes, Coins & Scripophily at Archives International Auctions Sale 48

May 1, 2018 Archives International Auctions Leave a comment

By Archives International Auctions …… Archives International Auctions is holding a public auction of U.S., Chinese & World banknotes, scripophily and coins on Wednesday, May 23 in 2 sessions. SESSION 1 – (Lots 1 to 543): Chinese & Worldwide Banknotes, Coins and Scripophily – Beginning at 10:30 AM Local Time SESSION 2 – (Lots 544 […]

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World Record for Tibetan Coins at Spink Hong Kong Coin Auction

April 9, 2018 Spink Leave a comment

Spink held a recent two-day sale April 4-5 at their Sheung Wan Galleries in Hong Kong. The sale was well-attended and contained many world-class items, some of which achieved world records. World Record for Tibetan Coin The Rhodes Collection of Tibetan Coins, Tibetan and Nepalese Banknotes contained items which have not been seen for many […]

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Stack’s Bowers Ponterio Presents April 2018 Hong Kong Paper Money Auction

March 2, 2018 Stack's Bowers Leave a comment

Stack’s Bowers and Ponterio is proud to announce their April 2018 Hong Kong Paper Money Auction. It presents a very diverse auction and the catalog contains pieces for every type of collector of Asian banknotes, from Empire, to Commonwealth, and all the way down to fancy numbers and errors. Included among the highlights are pieces […]

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Coin Club News – An Interview with David Chio of the Macau Numismatic Society

October 26, 2017 CoinWeek Leave a comment

By Yuan Shui Qing, Xi’an Numismatic Society, for the Journal of East Asian Numismatics …… The Macau Numismatic Society was founded in 1988, and since then has become a major player in the Greater Chinese collecting sector. The Society’s leading figure is David Chio. David Chio was born in 1957 in Macau. After much […]

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PMG Certifies Rare People’s Republic of China 10,000 Yuan Banknote

September 20, 2017 Paper Money Guaranty Leave a comment

Paper Money Guaranty® (PMG®) has certified a rare, high-denomination banknote from the early years of the People’s Republic of China. The 1951 10,000 Yüan note is attributed as Pick 858Aa (Pick refers to the catalog numbers originally developed by Albert Pick and used by the Standard Catalog of World Paper Money) and graded PMG AU […]

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Welcome to the August 2017 Stack’s Bowers Paper Money Hong Kong Auction

August 16, 2017 Stack's Bowers Leave a comment

By Aris Maragoudakis – Currency Specialist, Stack’s Bowers …… Welcome to our 2017 August Hong Kong Auction Catalog. As always, we are offering an exceptional amount of scarce and high-quality material. A few pieces of paper money included in this catalog have yet to be offered in public auction, while others are among the finest […]

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20th Century Rarities Claim Top Honors in Heritage $4.1 Million Hong Kong World Coin Auction

July 11, 2017 Heritage Auction Leave a comment

1914 Republic Yuan Shih-kai silver dollar brings $77,675; 1953 Peoples Republic of China 10 Yuan Pick 870 Note sold for $47,800 A 1914 Republic Yuan Shih-kai Silver “L. Giorgi” Pattern Specimen Dollar SP65 PCGS, took top lot honors at $77,675 USD in Heritage Auctions’ inaugural Asian Coins and Currency Auctions held June 21-23 in Hong […]

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Heritage: 20th Century Rarities Claim Top Honors in $4 Million Hong Kong Auctions

June 28, 2017 Heritage Auction Leave a comment

A Chinese 1914 Republic Yuan Shih-kai silver “L. Giorgi” Pattern Specimen Dollar SP65 PCGS, took top lot honors at $77,675 USD in Heritage Auction’s $2.9 million Asian Coins Signature Auction held June 21-23 in Hong Kong. The auction saw bidders vying for a diverse selection of 20th century rarities in one of the fastest-growing events […]

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Stack’s Bowers Ponterio April World & Chinese Coins & Paper Money Hong Kong Auction Brings Over $5.8 Million

April 21, 2017 Stack's Bowers Leave a comment

Latest Hong Kong auction shows strength in market for Chinese coins… April is always an exciting time in Kowloon, Hong Kong, as hundreds of coin and paper money dealers, collectors and enthusiasts gather for a week of world class auctions and the fastest growing coin and paper money show. This past week Stack’s Bowers […]

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Tibetan Banknotes, Debut Offering of China Pick 16d at Stack’s Bowers April 2017 Hong Kong Auction

March 29, 2017 Stack's Bowers Leave a comment

By Aris Maragoudakis – Currency Specialist, Stack’s Bowers …… Tibetan Banknotes from the Lissanevitch Collection In the April 3, 2017 Stack’s Bowers Hong Kong Paper Money sale, we are auctioning an extensive offering of Tibetan bank notes. These notes are from the collection of Alexander Boris Lissanevitch, regarded by those familiar with his […]

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Highlights from the Stack’s Bowers and Ponterio April Hong Kong Showcase Auction

March 7, 2017 Stack's Bowers Leave a comment

Stack’s Bowers and Ponterio is pleased to announce details of their upcoming Hong Kong Auction of Chinese and Asian coins and currency, to be held Monday April 3 through Wednesday April 5 at The Mira Hong Kong, 118 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong. Session B will commence at 11:00 AM Hong Kong […]

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Archives International Auctions Sale 37 – US, Chinese & World Banknotes, Scripophily & Coins

December 5, 2016 Archives International Auctions Leave a comment

By Archives International Auctions …… More than 1,100 lots of U.S., Chinese and Worldwide banknotes, scripophily (the collecting of stock and bond certificates), Security Printing Ephemera and Coins will be sold at a two-session public auction on Tuesday, December 6 and Tuesday, December 13 at our offices at 1580 Lemoine Avenue in Fort Lee, New […]

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Conveying Wealth and Culture: Ships on World Banknotes

November 23, 2016 Paper Money Guaranty Leave a comment

The junk and dhow are two ancient ship models that are prominently featured on banknotes in dozens of countries Images of national pride, of rich history and economic strength, of autonomy and cultural heritage have served to round out and embellish banknotes from all ages and corners of the world. The junk and dhow have […]

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Archives International Auctions Sale 35 – Chinese, Asian & World Banknotes and Scripophily

September 24, 2016 Archives International Auctions Leave a comment

By Archives International Auctions …… Archives International Auctions (AIA) is set to hold a public auction of Chinese, Asian & Worldwide Banknotes and Chinese Scripophily in Fort Lee, New Jersey on Monday, September 26 beginning at 10:30 A.M. Eastern Time (ET). The Live Internet Bidding catalog is available online. We accept absentee bids directly, so […]

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Archives International Auctions Sale 35 – Chinese, Asian & World Banknotes and Scripophily

September 24, 2016 Archives International Auctions Leave a comment

By Archives International Auctions …… Archives International Auctions (AIA) is set to hold a public auction of Chinese, Asian & Worldwide Banknotes and Chinese Scripophily in Fort Lee, New Jersey on Monday, September 26 beginning at 10:30 A.M. Eastern Time (ET). The Live Internet Bidding catalog is available online. We accept absentee bids directly, […]

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Stack’s Bowers Hong Kong Paper Money Sale Yields Strong Results

September 22, 2016 Stack's Bowers Leave a comment

By Aris Maragoudakis – Currency Specialist, Stack’s Bowers …… The Stack’s Bowers and Ponterio Hong Kong Paper Money Sale was once again a success! As one of the more diverse Hong Kong Auctions in recent memory, collectors and dealers from all over Asia and the rest of the world were poised to bid on these […]

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Stack’s Bowers Ponterio Hong Kong Asian Paper Money Auction Aug. 15-17

July 19, 2016 Stack's Bowers Leave a comment

The ever-growing Asian Paper Money market has become quite a competitive area in numismatics, as many throw their hats into the ring. For decades, Stack’s Bowers and Ponterio has been the source for collectors and dealers alike whenever they wanted to view and bid on fresh, rare, and unique material. The firm’s Hong Kong Auction […]

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World Paper Money Auction – Archives International XXXIV July 26

July 13, 2016 Archives International Auctions Leave a comment

Over 1,100 lots of United States, Chinese and worldwide banknotes, coins, scripophily (stocks and bonds), security printing ephemera and the American Bank Note Company’s inventory of modern numismatic and philatelic souvenir cards and production material will be sold at public auction on Tuesday, July 26 by Archives International Auctions. The auction will be held in […]

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World Paper Money Auction – Archives International XXXIV July 26

July 13, 2016 Archives International Auctions Leave a comment

Over 1,100 lots of United States, Chinese and worldwide banknotes, coins, scripophily (stocks and bonds), security printing ephemera and the American Bank Note Company’s inventory of modern numismatic and philatelic souvenir cards and production material will be sold at public auction on Tuesday, July 26 by Archives International Auctions. The auction will be held in […]

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Rare Chinese Banknotes to be Sold at May 24 Hong Kong Auction

May 11, 2015 CoinWeek Leave a comment

By Archives International Auctions…. Fort Lee, N.J.-based Archives International Auctions (AIA) will offer over 500 lots of rare Chinese and Asian banknotes, plus scripophily rarities (stocks and bonds), in a public auction slated for Sunday, May 24th. The event will be held at the offices of Kelleher & Rogers, Fine Asian Auctions Ltd., in […]

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1944 Palestine Currency Board 5-Pound Banknote Sells for $12,980

April 8, 2015 CoinWeek Leave a comment

By Archives international Auctions…. A Palestine Currency Board £5 note dated 1944 and with rare “F” prefix sold for $12,980 at a sale of U.S. and worldwide banknotes, federal bonds and documents and security printing ephemera held March 10 by Archives International Auctions, in the firm’s offices at 1580 Lemoine Avenue in Fort Lee, […]

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