Note From 14th Century Among PMG-certified Chinese Rarities in Heritage Auction

Vintage notes from China and Southeast Asia stand out among hundreds of rarities certified by Paper Money Guaranty® (PMG®) that are being offered in an upcoming Heritage Auctions sale. Bidding is already underway for the Hong Kong Autumn World Paper Money Showcase Auction, which is scheduled for September 30, 2023.

One of the top highlights in the auction is a China / Empire Ming Dynasty (1368-99) 1 Kuan graded PMG 20 Very Fine NET (lot 96018). The first paper money ever developed and used was in China in the 11th century, with this example issued a few centuries later during the earliest years of the Ming Dynasty. The note depicts stacks of bronze coins strung together in the center of the ancient rarity. Even in lower grades, these notes typically sell for thousands of dollars.

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Other PMG-certified highlights in this auction include:

• a pair of China, Hong Kong, Chartered Bank of India, Australia and China 1931 10 Dollars graded PMG 15 Choice Fine and PMG 20 Very Fine (lot 96185)
• a China, Bank of Communications 1935 1 Yuan graded PMG 66 Gem Uncirculated EPQ (lot 96040)
• a China / People's Republic 1949 5 Yuan graded PMG 66 Gem Uncirculated EPQ (lot 96059)
• a China / People's Republic 1949 100 Yuan graded PMG 66 Gem Uncirculated EPQ (lot 96062)
• a China / People's Republic 1953 1 Yuan graded PMG 67 Superb Gem Uncirculated EPQ (lot 96070)
• a Straits Settlements / British Administration 1935 1 Dollar graded PMG 66 Gem Uncirculated EPQ (lot 96402)
• a Straits Settlements / British Administration 1935 10 Dollars graded PMG 58 Choice About Uncirculated (lot 96403)