PMG-certified Consecutive Serial Number Vintage Chinese Notes Offered in Stack's Auction

Posted on 9/18/2023

A group of four Chinese banknotes with highly desirable consecutive serial numbers is expected to realize over half a million dollars in Stack's Bowers auction on October 5, 2023.

An extremely rare group of consecutive serial number vintage Chinese banknotes that are certified by Paper Money Guaranty® (PMG®) highlights the upcoming Stack’s Bowers Hong Kong Auction. More than 1,000 PMG-certified rarities are being offered in in Session A, Session B, Session C and Session D of the auction on October 5-6, 2023.

The top paper money lot in the auction is a group of four China / People’s Republic 1953 10 Yuans with consecutive serial numbers, each graded PMG 55 About Uncirculated EPQ (Session B, lot 21057), with an estimate of $500,000 to $900,000. Vintage banknotes with consecutive serial numbers hold a special fascination for collectors. In addition, these notes are by themselves relatively scarce, and the PMG Population Report records only 36 that have the coveted Exceptional Paper Quality designation, including these four.

Click images to enlarge.

Other PMG-certified banknotes in this auction series include:

  • a Malaya & British Borneo 1953 10,000 Dollars Specimen graded PMG 64 Choice Uncirculated (Session C, lot 22145), with an estimate of $50,000 to $80,000
  • a China / People’s Republic 1949 100 Yuan graded PMG 66 Gem Uncirculated EPQ (Session B, lot 21031), with an estimate of $40,000 to $75,000
  • a Straits Settlements 1930-33 1,000 Dollars Specimen graded PMG 50 About Uncirculated (Session C, lot 22200), with an estimate of $60,000 to $70,000
  • a Malaya & British Borneo ND (1953) 10,000 Dollars Color Trial Specimen graded PMG 53 About Uncirculated (Session C, lot 22144), with an estimate of $45,000 to $70,000
  • a China/People's Republic 1949 100 Yuan graded PMG 66 Gem Uncirculated (Session B, lot 21031) with an estimate of $40,000 to $75,000
  • a China / People’s Republic 1951 1,000 Yuan graded PMG 62 Uncirculated (Session B, lot 21053), with an estimate of $40,000 to $70,000
  • a Malaya & British Borneo 1953 1,000 Dollars Specimen graded PMG 55 About Uncirculated EPQ (Session C, lot 22143), with an estimate of $38,000 to $50,000
  • a China / Empire - Yuan Dynasty 1264-1341 2 Kuan graded PMG 15 Choice Fine NET (Session D, lot 23001), with an estimate of $30,000 to $50,000
  • a French L'Indo-Chine 1900 5 Dollars = 5 Piastres "Specimen" graded PMG 62 Uncirculated (Session C, lot 22037) with an estimate of $20,000 to $30,000
  • a Singapore ND (1973) 10,000 Dollars Specimen graded PMG 63 Choice Uncirculated (Session C, lot 22178), with an estimate of $30,000 to $50,000
  • a China / People’s Republic 1953 5,000 Yuan graded PMG 63 Choice Uncirculated EPQ (Session B, lot 21054), with an estimate of $20,000 to $30,000
  • a China/People's Republic 1951 500 Yuan graded PMG 15 Choice Fine NET (Session D, lot 23228) with an estimate of $20,000 to $30,000
  • a China, I Ho Chuang, 1898 100 Cash Private Issue graded PMG 30 Very Fine (Session A, lot 20037), with an estimate of $18,000 to $25,000
  • a China / People’s Republic 1949 50 Yuan graded PMG 53 About Uncirculated EPQ (Session B, lot 21021), with an estimate of $15,000 to $25,000
  • a China / People’s Republic 1949 50 Yuan graded PMG 40 Extremely Fine EPQ (Session B, lot 21022), with an estimate of $15,000 to $25,000
  • a China / People’s Republic 1949 20 Yuan graded PMG 64 Choice Uncirculated EPQ (Session B, lot 21015), with an estimate of $12,000 to $20,000
  • a China / People’s Republic 1949 1,000 Yuan graded PMG 65 Gem Uncirculated EPQ (Session B, lot 21046), with an estimate of $12,000 to $20,000
  • a China / People’s Republic 1949 20 Yuan graded PMG 64 Choice Uncirculated EPQ (Session B, lot 21016), with an estimate of $10,000 to $20,000
  • a China / People’s Republic 1948 50 Yuan graded PMG 53 About Uncirculated EPQ (Session B, lot 21005), with an estimate of $10,000 to $20,000
  • a China, HK & Shanghai Banking Corp. 1914-20 5 Dollars graded PMG 58 Choice About Uncirculated EPQ (Session A, lot 20161) with an estimate of $4,000 to $7,000
  • a China, HK & Shanghai Banking Corp. 1914-20 5 Dollars graded PMG 58 Choice About Uncirculated EPQ (Session A, lot 20162) with an estimate of $4,000 to $7,000
  • a China, Central Bank of China 1923 100 Dollars graded PMG 25 Very Fine (Session A, lot 20007) with an estimate of $3,000 to $5,000

Estimates are provided by the auction house. The $ symbol indicates US Dollars.


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