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Auction: 15038 - Banknotes, Bonds and Shares, Coins and Medals of South East Asia sale during the International Exhibition
Lot: 81

Mercantile Bank of India Limited, Hong Kong, colour trial $50, Hong Kong, ND (1912), blue and pale orange, junks by an island top centre, value in pale blue underprint low centre, value at each corner, reverse brown, head of Mercury at centre, value at left and right, four cancellation holes, red SPECIMEN NO VALUE overprint, blue WATERLOW seal low left centre
(Ma M 10 for type), in PCGS holder 64, very choice new, minor mounting traces on reverse, a lovely design and extremely rare

Sold for
SG$29,000