Rare Vintage Hong Kong Note Among Hundreds of PMG-graded Rarities Offered by Spink

A rare vintage note from Hong Kong is among over 800 banknotes certified by Paper Money Guaranty® (PMG®) that are being offered by Spink. Bidding is already underway for the Spink Winter Auction, scheduled to be held in eight parts, January 7-12, 2023.

Topping the auction with an estimate of 500,000 to 800,000 HKD (about $64,000 to $103,000) is a Hong Kong, Asiatic Banking Corporation ND (ca. 1800s) 500 Dollars Ramainder graded PMG 63 Choice Uncirculated (CSS86C, lot 2377). Notes from branches such as Colombo, Kandy, Singapore and Shanghai have been seen over the years, but it's rare to see an issued orange 500 Dollars payable in Hong Kong. There are fewer than a handful of examples, and this is the only one of this catalog number in the PMG Population Report.

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Another highlight in this auction is a China / People’s Republic 1973 10 Yuan Artist’s Rendition (CSS86A, lot 281) that is encapsulated in a PMG holder without a numerical grade. This lot has an estimate of 200,000 to 300,000 HKD (about $26,000 to $39,000).

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The Spink Winter Auction is scheduled for January 7-12, 2023.

CSS86A - Chinese Banknotes and Coins will be held January 7, 2023. Some of the PMG-certified highlights in this session are:

• a China / People’s Republic 1948 100 Yuan graded PMG 58 Choice About Uncirculated EPQ (lot 206) with an estimate of 100,000 to 180,000 HKD (about $13,000 to $23,000)
• a China / People’s Republic 1949 5,000 Yuan graded PMG 64 Choice Uncirculated EPQ (lot 246) with an estimate of 100,000 to 150,000 HKD (about $13,000 to $20,000)
• a China / People’s Republic 1949 10,000 Yuan graded PMG 65 Gem Uncirculated EPQ (lot 255) with an estimate of 70,000 to 120,000 HKD (about $9,000 to $15,000)
• a China / People’s Republic 1953 2 Yuan graded PMG 68 Superb Gem Uncirculated EPQ (lot 265) with an estimate of 50,000 to 80,000 HKD (about $6,400 to $10,000)

CSS86B - Prestigious Academic Reference Collection Of The Late Dr Werner Burger - Part 2 will be held on January 7, 2023. Some of the PMG-certified highlights in this session are:

• a China / People’s Republic 1953 10 Yuan graded PMG 25 Very Fine (lot 1030) with an estimate of 40,000 to 60,000 HKD (about $5,100 to $7,700)
• a Mongolia, Commercial & Industrial Bank 1925 50 Tugrik graded PMG 25 Very Fine (lot 1050) with an estimate of 7,000 to 10,000 HKD (about $900 to $1,300)

CSS86C – World and Hong Kong Banknotes and Coins will be held January 8, 2023. Some of the PMG-certified highlights in this auction are:

• a Hong Kong 1981 10 Dollars - Replacement graded PMG 64 Choice Uncirculated (lot 2388) with an estimate of 50,000 to 100,000 HKD (about $6,400 to $13,000)
• a Hong Kong and Shanghai Banking Corporation 1913-23 10 Dollars graded PMG 30 Very Fine (lot 2421) with an estimate of 50,000 to 100,000 HKD (about $6,400 to $13,000)
• a Hong Kong 1930 500 Dollars Specimen graded PMG 58 Choice About Uncirculated (lot 2456), with an estimate of 55,000 to 80,000 HKD (about $7,000 to $10,000)
• a Mauritius / British Administration ND (1954) 10 Rupees graded PMG 67 Superb Gem Uncirculated EPQ (lot 2171) with an estimate of 55,000 to 65,000 HKD (about $7,000 to $8,300)
• a Hong Kong, Chartered Bank ND (1975) 500 Dollars Specimen graded PMG 66 Gem Uncirculated EPQ (lot 2403) with an estimate of 45,000 to 60,000 HKD (about $5,800 to $7,700)
• a Hong Kong and Shanghai Banking Corporation 1973 500 Dollars graded PMG 68 Superb Gem Uncirculated EPQ (lot 2461) with an estimate of 20,000 to 50,000 HKD (about $2,600 to $6,400)
• a French Indo-China Banque de l’Indo-Chine 1911-19 100 Piastres graded PMG 20 Very Fine (lot 2112) with an estimate of 20,000 to 30,000 HKD (about $2,600 to $3,800)
• an India / British Administration ND (1937) 1,000 Rupees - Calcutta graded PMG 15 Choice Fine (lot 2121) with an estimate of 10,000 to 15,000 HKD (about $1,300 to $1,900)
• a South Korea, Bank of Korea ND (1979) 10,000 Won Specimen graded PMG 67 Superb Gem Uncirculated EPQ (lot 2147) with an estimate of 10,000 to 15,000 HKD (about $1,300 to $1,900)

CSS86D - The Henry Lau Collection Of Hong Kong Banknotes will be held January 8, Some of the PMG-certified highlights in this auction are:

• a Hong Kong and Shanghai Banking Corporation 1930 500 Dollars graded PMG 55 About Uncirculated EPQ (lot 3096) with an estimate of 250,000 to 400,000 HKD (about $32,000 to $51,000)
• a Hong Kong, Mercantile Bank of India Ltd. 1935 50 Dollars graded PMG 25 Very Fine (lot 3013) with an estimate of 80,000 to 120,000 HKD (about $10,000 to $15,000)
• a Hong Kong 1913-23 10 Dollars Specimen graded PMG 65 Gem Uncirculated EPQ (lot 3074) with an estimate of 80,000 to 120,000 HKD (about $10,000 to $15,000)
• a Hong Kong, Chartered Bank of India, Australia and China 1931-34 50 Dollars graded PMG 25 Very Fine (lot 3036) with an estimate of 80,000 to 120,000 HKD (about $10,000 to $15,000)
• a Hong Kong 1930-34 50 Dollars Duress Note graded PMG 58 Choice About Unc EPQ (lot 3084) with an estimate of 45,000 to 65,000 HKD (about $5,800 to $8,300)
• a Hong Kong 1958 100 Dollars Specimen graded PMG 55 About Uncirculated (lot 3014) with an estimate of 40,000 to 60,000 HKD (about $5,100 to $7,700)
• a Hong Kong, Mercantile Bank Limited 1958-59 100 Dollars graded PMG 30 Very Fine (lot 3015) with an estimate of 30,000 to 50,000 HKD (about $3,800 to $6,400)
• a Hong Kong, Chartered Bank 1956 100 Dollars graded PMG 45 Choice Extremely Fine EPQ (lot 3040) with an estimate of 35,000 to 50,000 HKD (about $4,500 to $6,400)
• a Hong Kong and Shanghai Banking Corporation 1916-23 5 Dollars graded PMG 25 Very Fine (lot 3070) with an estimate of 30,000 to 50,000 HKD (about $3,800 to $6,400)
• a Hong Kong, Chartered Bank 1977 500 Dollars graded PMG 66 Gem Uncirculated EPQ (lot 3050) with an estimate of 25,000 to 40,000 HKD (about $3,200 to $5,100)

Other upcoming scheduled Spink auctions are:

• CSS87A - Chinese Banknotes e-auction: January 9, 2023
• CSS87B - Chinese Coins e-auction: January 10, 2023
• CSS87C - World and Hong Kong Coins e-auction: January 11, 2023
• CSS87D - World and Hong Kong Banknotes e-auction: January 12, 2023

All estimates are provided by the auction house. The $ symbol represents US Dollars.