Auction: CSS45 - Banknotes, Bonds & Shares and Coins of China and Hong Kong
Lot: 2350
The Mercantile Bank of India, $500 specimen note, 24.8.1948, without serial numbers or printed signatures, blue, light green and yellow, Mercury with winged helmet at right, watermark of '500' at left, reverse grey-blue, pai fang of Confucius' Cemetery at left of centre, 'SPECIMEN' printed in red,
(PIck 241s), PMG 30 Very Fine (Printer's Annotations, Pinholes). This type is usually found with the serial numbers '0000' and printed manuscript signatures and therefore this note could well be a proof note which in theory in far rare than the 'ordinary' specimens. An iconic Hong Kong note and which will see fierce bidding
Estimate
HK$200,000 to HK$260,000