Category Archives: Asian Paper Money

Ottoman Coins and Currency at the End of Empire

By Tyler Rossi for CoinWeek ….. The Ottoman Empire was described as the “Sick Man of Europe” by the Russian tsar Nicholas I during a meeting with Austrian Prince Klemens von Metternich shortly after the Treaty of Hünkâr İskelesi[1] in September 1833. It was this defensive alliance that not only provoked the ire of Western […]

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Ottoman Coins and Currency at the End of Empire

By Tyler Rossi for CoinWeek ….. The Ottoman Empire was described as the “Sick Man of Europe” by the Russian tsar Nicholas I during a meeting with Austrian Prince Klemens von Metternich shortly after the Treaty of Hünkâr İskelesi[1] in September 1833. It was this defensive alliance that not only provoked the ire of Western […]

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Ottoman Coins and Currency at the End of Empire

By Tyler Rossi for CoinWeek …..   The Ottoman Empire was described as the “Sick Man of Europe” by the Russian tsar Nicholas I during a meeting with Austrian Prince Klemens von Metternich shortly after the Treaty of Hünkâr İskelesi[1] in September 1833. It was this defensive alliance that not only provoked the ire of […]

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

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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Kazakhstan Issues New 20,000 Tenge Banknote

  On October 1, 2022, the National Bank of Kazakhstan issued into circulation a banknote of 20,000 KZT nominal value. The banknote is designed in the same style as the banknotes already in circulation. Thus, its obverse side contains mostly vertical images, while horizontal ones are represented on its reverse side. A design is made […]

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

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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Pakistan Issues New Rs. 75 Commemorative Banknote

  Dr. Murtaza Syed, Acting Governor of the State Bank of Pakistan (SBP), unveiled a new Rs. 75 commemorative banknote to mark the 75th Anniversary of Pakistan’s independence in a ceremony held at the SBP Museum, Karachi on August 14, 2022. He also inaugurated the Roshan Pension Plan to augment the lifestyle banking services available […]

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Iran Unveils New Generation of Banknotes

The Central Bank of Iran has unveiled the new generation of 1,000 Toman, 2,000 Toman, and 5,000 Toman banknotes, and the process of issuing and supplying these banknotes will take place over the coming months. According to Amir Shokri, Head of the Banknote and Coin Production Organization, all banknotes will be distributed in a single […]

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Uzbekistan Introduces New 200,000 Soum Banknotes

The Central Bank of the Republic of Uzbekistan announces the issuing of new banknotes with a face value of 200,000 soums from July 15, 2022. The theme of the banknotes is dedicated to the “Great Silk Road” and the ancient history of the Ferghana Valley, which is located within the territory of our state. On […]

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Rare Chinese Coins Lead Heritage HKINF Auctions Above $14.3 Million

An exceedingly rare Chinese coin, struck in commemoration of the completion of one full lunar cycle since the start of the lunar series, sold for $576,000 to lead Heritage Auctions’ HKINF World & Ancient Coins Platinum Session and Signature Auction July 7-9. The $11,967,441 event was part of the Hong Kong International Numismatic Fair (HKINF), […]

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

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

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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South Viet Nam 1000 Dong Specimens to be Offered in February World Paper CCO

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The February World Paper Money Collectors Choice Online (CCO) Auction is now available for viewing and bidding. Stack’s Bowers Galleries is offering quite an array of countries in this sale, so be sure to browse through the entire online catalog. Stack’s Bowers is proud […]

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

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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Historic Hong Kong Banknote Certified by PMG Realizes Over $200,000

A historic Hong Kong banknote that was certified by Paper Money Guaranty (PMG) raced past its pre-auction estimate to realize an astounding £161,200, or about $220,000 USD. The earliest known fully issued banknote of Hong Kong was the centerpiece of a sale presented by Dix Noonan Webb on August 26, 2021. Graded PMG 12 Fine, the Hong […]

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Extremely Rare Pakistan Haj Pilgrim 100 Rupees Specimen in Stack’s Bowers Hong Kong Paper Money Auction

By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Stack’s Bowers and Ponterio is pleased to offer in their April 2021 Hong Kong auction lot 40456, a P-R1s Government of Pakistan 100 Rupees Specimen in PMG About Uncirculated 55. This incredibly rare specimen variety is from the coveted 1950 Haj Issue. The note […]

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

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

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

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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