The 2025 December Auction - Sale 346 (December 13 - December 16, 2025)
Sale 346
- PRC (800) Apply PRC filter
- All China (700) Apply All China filter
- Banknotes (618) Apply Banknotes filter
- Hong Kong (357) Apply Hong Kong filter
- Coins and Medals (321) Apply Coins and Medals filter
- Macau (278) Apply Macau filter
- Imperial Post (240) Apply Imperial Post filter
- Taiwan (175) Apply Taiwan filter
- Worldwide (88) Apply Worldwide filter
- 1912-1949 ROC (67) Apply 1912-1949 ROC filter
- Foreign PO in China (31) Apply Foreign PO in China filter
- Local Post (22) Apply Local Post filter
- Liberated Area (8) Apply Liberated Area filter
- Customs Post (5) Apply Customs Post filter
- Japan (4) Apply Japan filter
- Asia (3) Apply Asia filter
- Literature (2) Apply Literature filter
- Historical Postcards and Real Photos (376) Apply Historical Postcards and Real Photos filter
- Hong Kong, China & Worldwide Coins and Banknotes (939) Apply Hong Kong, China & Worldwide Coins and Banknotes filter
- Internet Auction (217) Apply Internet Auction filter
- Mizuhara’s Collection of Classic Taiwan Stamps and Postal History (118) Apply Mizuhara’s Collection of Classic Taiwan Stamps and Postal History filter
- Mr. Rambo Chiu’s Collection of PRC Cultural Revolution Period Covers and Postcards (IV) (95) Apply Mr. Rambo Chiu’s Collection of PRC Cultural Revolution Period Covers and Postcards (IV) filter
- The General Sale (1261) Apply The General Sale filter
- The International Airmails of PRC (1949-1956) (104) Apply The International Airmails of PRC (1949-1956) filter
- The People’s Republic of China & Liberated Areas Stamps and Postal History (601) Apply The People’s Republic of China & Liberated Areas Stamps and Postal History filter
including 1936 municipal bond with a nominal value of 100 Dollars and a 1926 municipal bond with a nominal value of 100 Taels, both officially issued and approved by the Municipal Administration Commission of the French Concession. Both bonds are accompanied by official signatures and financial documentation, well-preserved, and hold significant financial and historical value, providing important insights into municipal finance in the Shanghai French Concession and the early 20th-century East Asian international bond market.
with the holder owning 5 fully paid shares. Stock No.: 587. Well-preserved, with significant financial and historical value.
with hand signature of the Minister of Finance. Extremely rare.
featuring coupons for annual interest payments, both documents are well-preserved and hold considerable financial and historical value, providing important insights into early East Asian international finance and Russo-Chinese economic and trade relations.
f.w. two 10-cent Republic of China revenue stamps and is well-preserved. The certificate holds significant historical and collectible value, reflecting the military education and service administration of the period, and serves as an important document for studying wartime military and local governance.
with an annual interest rate of 5.5%. Each bond’s interest coupon has one section cut, indicating prior usage. The bonds are well-preserved and hold significant historical and collectible value, providing important documentation for the study of financial instruments and bond markets in the Republican era.
including a 1913 stock certificate of the Compagnie Générale de Chemins de Fer et de Tramways en Chine, a 1920 Republic of China Longhai Railway bond, a 1903 Qing Empire 5% Gold Loan bond, and a 1914 Republic of China 5-mill Industrial bond. All four items are well-preserved and document the development of modern Chinese railways, industrial financing, and financial systems, holding significant historical and collectible value.
indicating 5% interest, with a nominal value of 12 Sterling Pounds each. The certificates are well-preserved and hold significant historical and collectible value, representing important documents for studying Sino-foreign railway finance and economic history during the colonial period.
comprising one share certificate of the Compagnie Générale de Chemins de Fer et Tramways en Chine, seven Chinese Government 8% Treasury Notes for the Lung–Tsing–U–Hai Railway (1920 and 1923 issues), and one 1925 5% Gold Loan bond. All with coupon sheets.
(1) 1896 5% Gold Loan, £50; (2) 1898 4½% Gold Loan, £100; and (3) 1898 4½% Gold Loan, £50. Issued via the Deutsch-Asiatische Bank with bilingual German/English text, ornate red/brown engraved frames and large red Manchu seals, each with full coupon sheet.
1913 Chinese Government Lung–Tsing–U–Hai Railway 5% Gold Loan, £20 bond, one of the major foreign loans underwritten by the Anglo-French consortium in the early Republic period. Printed in blue with ornate borders, bearing a large red seal “Government of the Chinese Republic,” bilingual in French and English with full coupons attached. Issued for railway construction and repayment of late Qing debts.
comprising 5% and 4½% loans in denominations from £25 to £100, all underwritten by the Deutsch-Asiatische Bank. Printed bilingually in English and German, with ornate red, blue, and brown borders, large imperial seals, and full coupon sheets.