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Lot 3087    Session 9 (4.30pm Wed 24 Nov)    Documents

Estimate $100
Bid at live.noble.com.au

CHINESE GOVERNMENT, 5% Reorganisation Gold Loan of 1913, brown certificate number 209454, issued by Deutsch-Asiatische Bank, in modern timber frame with glass on both sides (465mm x 350mm), interest coupons visible at back. Initials U/D at top edge otherwise extremely fine.

This loan was issued by four banks, German-Asiatic Bank, French Society of G?rance Bank, Hong Kong and Shanghai Bank and the Russo-Asiatic Bank, each of which received 6% commission. Of the estimated ?21 million raised, approximately ?14 million disappeared. The original certificates were brown, replaced later by green after the collapse of the Russo-Asiatic Bank.

Estimate / sale price does not include buyer's premium (currently 22% including GST) which is added to hammer price. All bids are executed on the understanding that the Terms & Conditions of sale have been read and accepted. For information on grading and estimates please refer to the Buying at Auction advice.

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