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Auction: 14010 - Fine Coins, Banknotes, Bonds and Share Certificates of China and Hong Kong
Lot: 78

Banque Industrielle de Chine, Swatow, specimen $100, Swatow, 1920, serial number 00001-05000, green, blue, yellow, lilac and orange, ornamental lion (chinze) low left and right, Bank initials elided top centre, SWATOW in text low centre, reverse purple, yellow and brown, the Great wall of China at centre, value at left and right
(Pick S397 for series, denomination not listed), ink date '26.3.20' in top margin, perforated CANCELLED, in PCGS holder 45, (apparent) extremely fine, edge tear at left otherwise a lovely note, extremely rare

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Estimate
HK$30,000 to HK$40,000