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Auction: CSS25 - Banknotes, Bonds & Shares and Coins of China and Hong Kong
Lot: 4447

Mongolia, Commercial and Industrial Bank, promissory note/exchange bill for 50,000 tugrik, c.1925, turquoise, brown, yellow and green, ger at centre, surrounded by people, goats and horses, 125 tugruk tax/cost to send at low left and right
(Pick not listed), good to very good, border tears, small piece missing at tope, and a small hole at left, a good very fine sample was sold in our September London sale for 1800pounds on the hammer (~HKD18000)

Estimate
HK$2,000 to HK$3,000