-40%
China, Bank of Communications 1 Yuan PMG 65 EPQ 1914 Specimen 交通銀行 三年 Rare Note
China, Bank of Communications 1 Yuan PMG 65 EPQ 1914 Specimen 交通銀行 三年 Rare Note
China, Bank of Communications 1 Yuan PMG 65 EPQ 1914 Specimen 交通銀行 三年 Rare Note

China, Bank of Communications 1 Yuan PMG 65 EPQ 1914 Specimen 交通銀行 三年 Rare Note

$ 378.57

Availability: 100 in stock
  • Item must be returned within: 30 Days
  • Country: China
  • Certification: PMG
  • Type: Specimens
  • Grade: 65
  • Circulated/Uncirculated: Uncirculated
  • Modified Item: No
  • All returns accepted: Returns Accepted
  • Certification Number: 86108396
  • Year: 1914
  • Grade Designation: EPQ/PPQ
  • Condition: Bank of Communications 1 Yuan PMG 65 EPQ Specimen 交通銀行 三年 Rare Note Very Low Population Only 8 in 65!
  • Return shipping will be paid by: Seller
  • Refund will be given as: Money back or replacement (buyer's choice)
  • Country/Region of Manufacture: China

    Description

    1914 China, Bank of Communications 1 Yuan PMG 65 EPQ Specimen
    交通銀行 三年 Rare Note
    Very Low Population Only 8 in 65!
    The Bank of Communications was founded at Peking (Beijing) in 1907-08
    (the 34th year of the Guangxu reign period of the Qing Dynasty),
    by the Qing Board of Communications; in particular by Liang Shih-i, a supporter of Yuan Shih-kai.
    A joint government and private-sector enterprise, it emerged as one of the first few major national and note-issuing banks
    in the early days of the Republic of China; chartered as "the Bank for developing the country's industries", and took charge of the funds related to shipping, rail, telegraph and postal services.
    The bank became the governments "most important financial supplier".
    It's association with the clique of the would be emperor Yuan Shih-kai caused numerous political problems and at one point led to the suspension of the currency issues by the bank.
    It is difficult to establish whether the first issues of the 1914 series were involved in this.
    It would explain the extreme scarcity of the earliest issues, however, later events during the Warlord era (1916-1927) may well be another factor.
    There was a 'run on the bank' in 1921.
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