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    Description

    China Chinese American Bank of Commerce 5 Dollars 15.7.1920 Pick S236b S/M#C271-3 PMG Choice Fine 15.
    This interesting lot is one of only a few of this type extant. The Chinese American Bank of Commerce was a 50/50 joint venture between Chinese and American investors. The bank did not last long, as investors sold off their stock within 10 years of operations. The Statue of Liberty is engraved on the front and the Chinese Flag on the back. This is a rare note in any grade from a short-lived bank.


    NOTE: This lot was manufactured in China and was sourced from outside the United States for this auction after September 1, 2019. Under the new US tariffs on Chinese goods, collector's items from China will be subject to a 7.5% import tariff. Any clients who wish to take delivery of this item in the United States should be aware of this added charge, and consult their tax adviser with any questions.

    民國九年(1920)中華懋業銀行伍圓。PMG Choice Fine 15。
    這是該品種中碩果僅存的存世例子。中華懋業銀行是一家由中美投資者共同持有的銀行。由於投資者們在銀行開業不足十年內沽清了股份,故此銀行的營運並不長久。鈔票正面印有自由神像,而背面則印有民國國旗。來自這家短壽銀行的鈔票不論評分都難得一見。


    Auction Info

    Auction Dates
    December, 2021
    11th Saturday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 135

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $29) per lot.

    Sold on Dec 11, 2021 for: Sign-in or Join (free & quick)
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