Archives International Auctions in Hong Kong January 10th 2015

18 / 72

Archives International Auctions - Hong Kong
18 10 January, 2015 Archives International Auctions
CHINA - EMPIRE
ATTRACTIVE MING DYNASTY AND EMPIRE ISSUES
2056
2056 Ming DynastyCirculating Note. China. 1368-99. 1 Kuan, P-AA10, Issued banknote. 10 Strings of CashCoins at top center on front and back center
at bottom. 2 large red seals on face and one on back. Printed on dark gray mulberry paper. The note is in excellent condition for this issue and
is ICG graded Very Fine 30, There is evidence of only one light horizontal fold in the middle and 4 internal areas where the paper is very thin and
gives the appearance of small holes, but the paper is present and translucent and as made. This note came from a group of these notes that were
discovered during the “Boxer Rebellion”. The notes were printed by the “Hung-wu Emperor” to create a national currency. The legends on the
notes cites the authority of Hung-wu, the punishment for counterfeiting and reward for informants. The term Kuan (Quan, Kwan) relates to the
Quan system of money (silver bars). A superior example of this rare banknote and the earliest example of paper money available. �� HK $30000-60000
There will be an 18% buyer’s premium added to Lots 2001-2371