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Auction: CSS41 - The Numismatic Collectors' Series sale
Lot: 280

National Bank of China Limited, $5, 2.5.1894, serial number 06795, red on yellow and orange, bank coat of arms at upper centre, 'Wu Yuan' and 'Hong Kong' within borders, faint handsigned signatures at lower left and right, reverse red-orange, junks at upper centre, shoreline below,
(Pick 247b), PMG 20 Very Fine (Foreign Substance on Reverse, Trimmed. Extremely rare and an iconic note which will be see fierce bidding

Historical records made available to Spink China show no circulation figures for the National Bank of China, Limited until March of 1895, when it stood at $358,975.
The last recorded figure for the National's note issue came in May 1911, when the circulation stood at only $24,520.
The Bank paid all its notes, and they are today of the greatest rarity.

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