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

Posted on 8/17/2020

Selections from The Numismatic Collector’s Series Sale will be offered by Spink on August 28 and 29.

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

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:

All estimates are provided by the auction house.

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