Rare German-Asian Banknote Certified by PMG Offered in Heritage Auctions Sale

A formidable selection of Chinese notes certified by PMG is offered in the mid-June auction.

More than 700 world banknotes certified by Paper Money Guaranty® (PMG®) are being offered in an upcoming Heritage Auctions sale that is focused on paper money from China. Online bidding begins in late May for the HKINF World Paper Money Signature Auction – Hong Kong #4051, which is scheduled for June 18, 2024.

A top highlight of the auction is a China, Deutsch-Asiatische Bank 1914 100 Dollars graded PMG 64 Choice Uncirculated (lot 24164), which has an estimate of at least $25,000. This rare note was among those issued in China by the German-Asia Bank in the early 20th century, as Germany vied to establish colonial power in China. Out of just 13 examples of this particular catalog number in the PMG Population Report, only four are graded higher.

Other PMG-certified banknotes in this auction include:

  • a China, Hupeh Government Mint 1899 1 Dollar = 7 Mace 2 Candareens graded PMG 45 Choice Extremely Fine (lot 24197), which has an estimate of at least $25,000
  • a China / People’s Republic 1949 500 Yuan graded PMG 67 Superb Gem Uncirculated EPQ (lot 24119), which has an estimate of at least $25,000
  • a China / Empire 1264-1341 Yuan Dynasty 2 Kuan graded PMG 12 Fine NET (lot 24038), which has an estimate of at least $20,000
  • a China / Board of Revenue 1853 (Year 3) 1 Tael graded PMG 12 Fine (lot 24051), which has an estimate of at least $20,000
  • a China / People’s Republic 1949 1,000 Yuan graded PMG 66 Gem Uncirculated EPQ (lot 24127), which has an estimate of at least $20,000
  • a Hong Kong, HK & Shanghai Banking Corporation 1893-98 10 Dollars graded PMG 15 Choice Fine (lot 24243), which has an estimate of at least $15,000
  • a Hong Kong, Government of Hong Kong 1941 1 Dollar on 5 Yuan graded PMG 66 Gem Uncirculated EPQ (lot 24279), which has an estimate of at least $15,000
  • a Malaya & British Borneo 1953 10,000 Dollars Specimen graded PMG 55 About Uncirculated (lot 24334), which has an estimate of at least $15,000
  • a Malaya & British Borneo ND(1953) 10,000 Dollars Color Trial Specimen graded PMG 58 Choice About Uncirculated EPQ (lot 24333), which has an estimate of at least $15,000
  • a Singapore, Board of Commissioners of Currency ND(1973) 10,000 Dollars graded PMG 40 Extremely Fine (lot 24372), which has an estimate of at least $15,000
  • a China, Ta Ch’ing Government Bank 1910 100 Taels graded PMG 64 Choice Uncirculated (lot 24062), which has an estimate of at least $12,000
  • a China, Deutsch-Asiatische Bank 1914 100 Dollars graded PMG 55 About Uncirculated (lot 24165), which has an estimate of at least $12,000
  • a China / People’s Republic 1953 10 Yuan graded PMG 25 Very Fine (lot 24136), which has an estimate of at least $12,000
  • a Macau, Banco Nacional Ultramarino 1919 100 Patacas graded PMG 30 Very Fine (lot 24322), which has an estimate of at least $12,000

Estimates are provided by the auction house. The $ symbol represents US Dollars.