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Auction: CSS45 - Banknotes, Bonds & Shares and Coins of China and Hong Kong
Lot: 2351

The Mercantile Bank of India, $500, 'expedient' specimen, 24.8.1948, serial number 3128, blue, light green and yellow, Mercury with winged helmet at right, watermark of '500' at left, black manuscript signatures at lower centre and right, reverse grey-blue, pai fang of Confucius' Cemetery at left of centre, 'SPECIMEN' hand stamped in blue,
(Pick 241s), PCGS Gold Shield Grading 30 Details Very Fine (Tape Repaired) Very Fine. The note was split into two halves and rejoined by tape. An extremely rare type with only 4000 pieces issued for date.

Sold for
HK$280,000