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Auction: CSS120A - China Banknotes and Coins
Lot: 87

Kwang Sing Company, China, 5 tiao, Year 9 (1920), Bukui (modern day Qiqihar), indiscernible serial number, vertical, with red chops throughout,
(Pick S1544), lightly pressed, very fine. The first of the Republic issues, note this is the earlier issue without the full name of Heilongjiang like the later more common issues. Rare

Estimate
HK$9,000 to HK$12,000

Starting price
HK$9000