Archives International Auctions - Hong Kong
21
12 April, 2014
Archives International Auctions
Foreign Banknotes
CHINA - EMPIRE
1616
1616 Ming Dynasty Circulating Note
1368-99. 1 Kuan, P-AA10, S/M#T36-20, Issued banknote. 10 Strings of Cash Coins 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. A superb AU to Uncirculated condition note
rarely seen this nice. 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). This is the earliest form of printed
currency available in the world. A superior example that will be almost impossible to improve upon. ����������������������������������������������
HK $77600-124200
