PMG-certified China Note Expected to Realize Six Figures in Hong Kong Auction

Paper Money Guaranty® (PMG®) certified numerous important banknotes that will be featured in the Heritage Auctions HKINF (Hong Kong, China International Numismatic Fair (HKINF) World Paper Money Signature Auction, taking place December 4-5, 2019. One standout note is expected to realize more than $100,000 (USD).

A People’s Republic of China 1951 10,000 Yuan graded PMG 25 Very Fine NET has an estimate of $135,000 to $160,000 (USD). This high-denomination First Series Renminbi (RMB) note is considered to be the key to the entire RMB series. Featuring a band of horses herded by one rider, the note had a limited distribution in the Inner Mongolian and Xinjiang, China provinces and is extremely rare today.

People's Republic of China 1951 10,000 Yuan graded PMG 25 Very Fine NET with an estimate of $135,000 to $160,000 (USD) Click images to enlarge.

Other significant PMG-certified China banknotes in the sale include:

• A Bank of China 1917 Denomination Proof Set of 10 notes graded PMG 63 Choice Uncirculated and 64 Choice Uncirculated with an estimate of $40,000-$60,000 (USD).
• A People’s Republic of China 1965 20 Yuan – Design 151 & 152 Artist’s Rendition certified by PMG with an estimate of $40,000-$50,000 (USD).
• A China Deutsch-Asiatische Bank 1907 Hankow 25 Dollars Specimen graded PMG 64 Choice Uncirculated with an estimate of $35,000-$55,000 (USD).
• A Bank of China 1913 100 Dollars Specimen graded PMG 66 Gem Uncirculated EPQ with an estimate of $15,000-$20,000 (USD).
• A China Ch’ing Dynasty 1857 (Year 7) 100,000 Cash graded PMG 20 Very Fine with an estimate of $15,000-$20,000 USD.
• A China Hupeh Government Mint 1899 $1 = 7 Mace 2 Candareens graded PMG 30 Very Fine with an estimate of $15,000-$20,000 (USD).
• A China Yung Feng Kuan Chu 1853-59 Private Issue 1,000 Cash graded PMG 12 Fine with an estimate of $10,000-$20,000 (USD).
• A China 1922 100 Dollars Color Trial Specimen graded PMG 63 Choice Uncirculated with an estimate of $8,000-$12,000 (USD).
• A China 1924 100 Dollars Color Trial Specimen graded PMG 55 About Uncirculated with an estimate of $7,000-$10,000 (USD).

Notable PMG-certified Hong Kong banknotes being offered include:

• A Hong Kong ND (1927-37) 50 Dollars Progressive Proof graded PMG 63 Choice Uncirculated with an estimate of $12,000-$18,000 (USD).
• A Hong Kong ND (1911-23) 10 Dollars Color Trial Specimen graded PMG 64 Choice Uncirculated with an estimate of $10,000-$15,000 (USD).
• A Hong Kong 1879-1910 25 Dollars Proof graded PMG 62 Uncirculated NET with an estimate of $7,000-$10,000 (USD).
• A Hong Kong & Shanghai Banking Corp. ND (1973-76) 500 Dollars certified by PMG with an estimate of $4,000-$6,000 (USD).
• A Hong Kong 1985-92 500 Dollars Specimen graded PMG 66 Gem Uncirculated EPQ with an estimate of $2,000-$3,000 (USD).

For more information, visit Heritage Auctions.

All estimates are provided by the auction house.