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Auction: 12006 - Banknotes of China and Hong Kong
Lot: 554

Banco Nacional Ultramarino, 25 patacas, 1 January 1907, serial number 4029, black and pink, arms top centre, value at centre and at top left and right, manuscript signature low left, reverse balck and pink, arms and value at centre (Pick 4 ), two circular cancellation perforations, almost very fine and a pleasing example, extremely rare Estimate HK$ 150,000-180,000

Sold for
HK$190,000