A 2 Yuan Proof note from China, issued in 1975, Graded PMG 62 Uncirculated, was auctioned by Stack’s Bowers on 25th March in Hong Kong for $240,000, crossing its estimated value of $75,000 to $100,000 by a big margin. The note depicts “Iron Man” Wang Jinxi who was a famous leader of the People’s Republic of China in 1960 and rose to fame because of his dedicated work at China’s first world-class oil field, Daqing. The oil field is featured on the reverse side of the note. The proof note was issued featuring a proposed design which was eventually rejected.
Several other interesting banknotes were sold during the event. A 5,000 Yuan note of China issued in 1951, graded PMG 20 Very Fine was sold for $51,600. A 100 Dollars note from Straits Settlements, issued in 1901, graded PMG 25 Very Fine was auctioned for $40,800. A 50 Dollars note issued by Hong Kong – Mercantile Bank of India Ltd. in 1941, graded PMG 30 Very Fine was sold for $26,400, against an estimated value of $10,000 to $15,000. A 1,000 Baht note with Fancy Serial Numbers from Thailand issued in 1992, graded PMG 58 Choice About Uncirculated EPQ to PMG Choice Uncirculated 64 was sold for $18,000 against a low estimate of $7,500 to $10,000.
Image Courtesy: Stack’s Bowers Auction
Bosnia and Herzegovina is a country situated in the western Balkan Peninsula of Europe. Bosnia and H...
Patna Medical College is one of the India's oldest medical and surgical training institutions. The '...
Starry Night is one of the most recognized pieces of art in the world, it is said to be drawn by Van...
The Country of Turkey is located in Eurasia, which has a rich cultural heritage and is known for its...
Matangini Hazra, also known as Gandhi Buri' or old lady Gandhi, due to her non-violent protest inspi...
Thank you for visiting our website and for your interest in our endeavour.
For a past few days we have been recieving queries whether we buy/sell coins, stamps and currency.
We would like to inform you that, as of date, we have not provided such a platform. However please register on our website and do keep visiting our portal for further notifications on such a forum and other important and exciting news/updates.
Happy Collecting !
Email: info@mintageworld.com
Contact Us