Lot# 7315

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.