PMG-certified Notes from Hong Kong, China Highlight July Heritage Auction

World banknotes certified by Paper Money Guaranty (PMG) highlight the HKINF World Paper Money Signature Auction in Hong Kong, China. Online bidding is now underway for the auction, which concludes with livestreamed sessions planned for July 11-13, 2020.

Among the most anticipated notes in the sale is a Hong Kong & Shanghai Banking Corp. 1897-98 5 Dollars graded PMG 30 Very Fine. It is one of only a few notes in this series to be printed in the 19th century. In fact, production numbers for this catalog number were so small that, according to Heritage, this is only the third note of its kind to be auctioned off in the last decade. This note has an estimate of at least $40,000.

Hong Kong & Shanghai Banking Corp., Pick# 139, 1897-98 5 Dollars, front Graded PMG 30 Very Fine Click image to enlarge.

Hong Kong & Shanghai Banking Corp., Pick# 139, 1897-98 5 Dollars, back Graded PMG 30 Very Fine Click image to enlarge.

Another highlight of the sale is a Hong Kong 1921-25 500 Dollars Specimen graded PMG 65 Gem Uncirculated EPQ. This extremely rare note is the second-highest-graded note of its catalog number in the PMG Population Report. It has an estimate of at least $30,000.

Hong Kong, Pick# 170s, 1921-25 500 Dollars Specimen, front Graded PMG 65 Gem Uncirculated EPQ Click image to enlarge.

Hong Kong, Pick# 170s, 1921-25 500 Dollars Specimen, back Graded PMG 65 Gem Uncirculated EPQ Click image to enlarge.

Other PMG-certified highlights in the Heritage auction include:

• a China, Hupeh Government Mint 1899 1 Dollar = 7 Mace 2 Candareens graded PMG 30 Very Fine, with an estimate of at least $20,000
• a Hong Kong 1911-23 10 Dollars Color Trial Specimen graded PMG 64 Choice Uncirculated, with an estimate of at least $20,000
• a Hong Kong 1901 50 Dollars Specimen graded PMG 64 Choice Uncirculated, with an estimate of at least $20,000
• a Hong Kong 1921-23 50 Dollars Specimen graded PMG 58 Choice About Uncirculated, with an estimate of at least $20,000
• a China, National Industrial Bank 1924 100 Yuan Specimen graded PMG 67 Superb Gem Uncirculated EPQ, with an estimate of at least $18,000
• a China, Hong Kong & Shanghai Banking Corp. 1922 100 Dollars Specimen graded PMG 64 Choice Uncirculated, with an estimate of at least $15,000
• a Hong Kong 1900-02 10 Dollars Specimen graded PMG 63 Choice Uncirculated, with an estimate of at least $15,000
• a China 1922 50 Dollars Specimen graded PMG 58 Choice About Uncirculated EPQ, with an estimate of at least $10,000
• a Hong Kong & Shanghai Banking Corp. 1941-55 100 Dollars graded PMG 67 Superb Gem Uncirculated EPQ, with an estimate of at least $10,000
• a China, Yokohama Specie Bank, Ltd. 1917 100 Dollars graded PMG 35 Choice Very Fine, with an estimate of at least $7,000

All estimates are provided by the auction house and are expressed in US dollars.