Auction Name: 2025 December 5 - 9 HKINF World Paper Money Signature® Auction - Hong Kong

Lot Number: 22308

Shortcut to Lot: HA.com/4057*22308

China Commercial Bank of China, Shanghai 5 Taels 15.1.1920 Pick A135a S/M#C293-31 PMG Choice Extremely Fine 45.
Rarely seen Commerical Bank of China issue. At the time of cataloging, this is the second finest graded example in the PMG Population Report, with barely over ten examples present in the census. Excellent eye appeal and a fairly low serial number are seen on this offering. Popular and deceptively scarce in the best of collector grades.
From The Peh Family Collection

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