Category Archives: Chinese Paper Money

Stack’s Bowers Offers Consecutive 1953 10 Yuan Chinese Notes

By Dr. Kelvin Cheung – Director and Senior Numismatist, Stack’s Bowers …… Stack’s Bowers and Ponterio is proud to present a consecutive quartet of the 1953 ‘Large Black Ten’ Yuan from the Second Series Renminbi. This quartet will be offered as one lot from the ‘London Chelsea Collection of People’s Bank Banknotes’, which will be […]

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

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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Yuan Dynasty 2 Kuan in Stack’s Bowers Spring Hong Kong Auction

    By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Stack’s Bowers Galleries is offering many rarities in the Spring 2023 Hong Kong Sale. Be sure to carefully browse the Chinese Private Issue section, as it includes an impressive number of these notes. One highlight from the Chinese Empire section is the […]

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

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

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

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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Stack’s Bowers Ponterio to Offer 5,000+ Lots in Most Valuable Hong Kong Auction to Date

The rare coin market remains incredibly robust, with Chinese numismatics among the clear trend-setters. Within this environment of intense interest, venerable auction house Stack’s Bowers and Ponterio has assembled their largest—and sure-to-be their most valuable—Hong Kong auction to date, offering over 5,000 lots of coins, medals, tokens, and currency, with higher-end estimates surpassing $16.5 million. […]

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

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

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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Hong Kong Auction to Feature Pavilion Dollars, Rare Ta-Ching Banknote

The Mysterious ‘Pavilion Dollars’ of 1921 By Jeremy Bostwick – Senior Numismatist & Cataloger, Stack’s Bowers …… As interaction increased between the western world and the late Imperial/early Republican China, a yearning to modernize Chinese medicine and healthcare caused an influx of both scholarship and funding by the Rockefeller Foundation. Roger Sherman Greene II served […]

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A Ming Note with Historical Provenance at Stack’s Bowers Hong Kong Auction

In our 10 Year Anniversary Sale at the Mira Hotel in Hong Kong, Stack’s Bowers Galleries will be once again be offering a few Ming Dynasty notes in various conditions. However, one note will stand out from the group, but not for the typical reasons like vermillion overprints or bold impressions. While the note may […]

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Heritage Auction Offers Solovey Collection of Japanese and Chinese Foreign Banknotes

We are pleased to offer yet another incredible installment of the Yuri Solovey Collection, consisting of both The Yuri Solovey Collection of Japan and Territories and The Yuri Solovey Collection of Chinese Foreign Banks & Hong Kong. The Yuri Solovey Collection is featured in its own stand-alone catalog as a part of the June 26-28 […]

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World Paper Money – Hidden Messages in Propaganda Notes of Japanese-Occupied China

Chinese banknotes insulted the Japanese enemy and instilled hope in an occupied people By Paper Money Guaranty (PMG) ……   While many American historians cite the start of World War II as the invasion of Poland in 1939, scholars of Asian history often state that the war had, in fact, begun two years earlier, following […]

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

  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

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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Paper Money Grading – PMG Certifies 2,000,000 Notes

Paper Money Guaranty® (PMG®) has announced that it has now certified 2,000,000 notes, a first for a third-party paper money grading service and more than double the number of notes certified by the next-largest company. Founded in 2005, PMG has become the world’s largest third-party paper money grading service as collectors and dealers soon recognized […]

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Conveying Wealth and Culture: Ships on World Banknotes

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: Rare 1907 Peking Issue Chinese Banknote Brings $30,000

By Archives International Auctions …. A high-grade Deutsch-Asiatische Bank 1907 Peking-issue 5 Taels banknote rarity soared to a record US$30,000 after opening on the floor for $14,500, at a three-day auction held April 11-13 by Archives International Auctions, in the firm’s offices at 1580 Lemoine Avenue (Suite 7) in Fort Lee. Additional Chinese and Russian […]

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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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