(t) CHINA--FOREIGN BANKS. International Banking Corporation. 5 Taels, 1918. P-S425s. S/M#M10-31. Specimen. PMG Gem Uncirculated 66 EPQ.
Shanghai, serial number 00000. A superb gem example of this scare Tael denominated note featuring the classical designs of an eagle between two globes. Fresh, bold and deep colours enhance the intricately engraved details on crisp, white paper making this seldomly encountered note even more desirable. 1/2 TOP POP.

1918年美商花旗銀行規元伍兩。樣票。
上海地名，編號00000。品相非凡的罕見両票，老鷹棲於兩個地球之間，經典設計。墨色澎湃明亮，白紙上更能彰顯設計細節，無疑令這枚罕品更添魅力。兩枚冠軍分之一。 (t) On September 1, 2019, the United States enacted new tariffs on collector's items of Chinese origin, including bullion and numismatic coins and banknotes. This lot was manufactured in China and was sourced from outside the United States for this auction after the tariffs were enacted. Accordingly, any client who wishes to take delivery of this item within the United States will be subject to a 7.5% import tariff plus a processing fee of 0.3464% (minimum $31.67 / maximum $614.35). Please note, this is not, and is not intended to be, a complete description of the applicable import tariffs and buyer remains fully liable for and agrees to promptly pay all tariffs and fees relating to the import of these items into the United States and neither the auctioneer nor any consignor will have any responsibility to pay any applicable tariffs or fees. Please consult your tax adviser with any questions. Furthermore, any lots subject to an import tariff will be shipped directly from our Hong Kong offices and shipments to the United States will be subject to our international shipping chart.

Estimate: $2500.00 - $3500.00