PMG-certified China Artist's Renditions Expected to Realize High Prices at Spink August Auction

World banknotes certified by Paper Money Guaranty® (PMG®) highlight a Spink sale in Hong Kong, China, in August. Online bidding for The Numismatic Collectors' Series Sale is now open, with the auction ending on August 29, 2020. Specialists are available to provide information and answer questions at Spink.com.

Among the most anticipated lots in the sale is Lot 233 - a group of six People's Bank of China 1970-71 Front & Back Artist's Renditions in six denominations (1 Jiao, 5 Jiao, 1 Unit, 1 Yuan, 5 Yuan and 10 Yuan). In preparation for the possibility of war with the Soviet Union in the 1970s, the People's Bank of China created a series of artist's renditions as emergency wartime currency. The banknotes were printed, but the war never came to pass and the notes were never issued. According to Spink, many of these notes were destroyed over a decade ago, making this surviving group of artist's renditions exceptionally rare. This set has an estimated sales price of HK$1,200,000 to HK$1,800,000 (about $154,800 to $232,300 USD).

1970 1 Jiao Front & Back Artist's Renditions (left); 1970 5 Yuan Front & Back Artist's Renditions (right) Click images to enlarge.

Other PMG-certified highlights include:

• Lot 636 - a Hong Kong, Chtd. Bank of India, Australia & China 1862 25 Dollars graded PMG 6 Good NET, with an estimate of HK$400,000 to HK$600,000 (about $51,600 to $77,400 USD)
• Lot 637 - a Hong Kong, Chtd. Bank of India, Australia & China 1923-29 50 Dollars graded PMG 25 Very Fine, with an estimate of HK$400,000 to HK$600,000 (about $51,600 to $77,400 USD)
• Lot 646 - a Hong Kong, Chtd. Bank of India, Australia & China 1910 100 Dollars graded PMG 63 Choice Uncirculated, with an estimate of HK$350,000 to HK$500,000 (about $45,200 to $64,500 USD)
• Lot 648 - a Hong Kong 1912 100 Dollars Color Trial Specimen graded PMG 61 Uncirculated, with an estimate of HK$350,000 to HK$500,000 (about $45,200 to $64,500 USD)
• Lot 694 - a Hong Kong ND (1912-30) 50 Dollars Color Trial Specimen graded PMG 64 Choice Uncirculated, with an estimate of HK$350,000 to HK$500,000 (about $45,200 to $64,500 USD)
• Lot 234 - an Unissued 1976 5 Yuan Front & Back Artist's Renditions, with an estimate of HK$300,000 to HK$500,000 (about $38,700 to $64,500 USD)
• Lot 645 - a Hong Kong ND (1865) 100 Dollars Front Proof graded PMG 63 Choice Uncirculated, with an estimate of HK$300,000 to HK$500,000 (about $38,700 to $64,500 USD)
• Lot 225 - a China / People's Republic 1953 10 Yüan graded PMG 64 Choice Uncirculated, with an estimate of HK$350,000 to HK$450,000 (about $45,200 to $58,000 USD)
• Lot 605 - a Hong Kong, Chtd. Bank of India, Australia & China 1865 5 Dollars graded PMG 10 Very Good, with an estimate of HK$300,000 to HK$450,000 (about $38,700 to $58,000 USD)
• Lot 650 - a Hong Kong 1929-30 100 Dollars Specimen graded PMG 50 About Uncirculated, with an estimate of HK$300,000 to HK$450,000 (about $38,700 to $58,000 USD)
• Lot 94 - a China, Kwangtung Currency Bureau 1907 5 Dollars graded PMG 15 Choice Fine, with an estimate of HK$300,000 to HK$400,000 (about $38,700 to $51,600 USD)

All estimates are provided by the auction house.