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Auction: CSS48 - CSS48 - The Numismatic Collectors' Series sale - conducted behind closed doors
Lot: 1073

Bank of China, $5, Shanghai, 1912 overprinted on Ta Ching Government Bank issue of 1909, serial number 607774, brown, blue and black, Li Hong Zhang at left, gazebo at right, 'WU' (Five) at each corner, the original bank title overprinted by circular cancellations, 'Bank of China Exchange Note' and 'First Year of the Republic of China' overprinted at upper and lower centre, reverse blue and black, the Summar Palace at centre,
(Pick17i), PCGS Gold Shield 15 Details (Repair). An extremely rare $5 denomination. An unusual and striking feature of this note is that the original bank title is overprinted by black circles rather than black lines. See the other image for details. A beautiful and iconic note. Of high rarity

Estimate
HK$380,000 to HK$500,000