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Auction: 14010 - Fine Coins, Banknotes, Bonds and Share Certificates of China and Hong Kong
Lot: 1577

Shanghai Municipal Council, 5% Loan of 1937, debenture for $100, no.A01951, large format piece with Shangahi Council buildings in centre, ornate border, yellow and black, printed by Waterlow & Sons, good very fine.

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Estimate
HK$1,000 to HK$1,500