(t) CHINA--REPUBLIC. Commercial Bank of China. 10 Taels, 15.1.1920.

(t) CHINA--REPUBLIC. Commercial Bank of China. 10 Taels, 15.1.1920. P-A136a. S/M#C293-32. PMG Extremely Fine 40. Shanghai. Purple on multicolour, God of Wealth at centre, reverse brown, lion flanking the bank logo. An intricate and popular design by ABNC in lush purple colours, and one of the most widely collected Banks in this region. Scarce in issued form and without any major negative comments from PMG.PMG Comments "Staple Holes, Rust." Estimate: $1,000 - $1,500. Provenance: From the Yang Ai Hao Collection. 民國九年中國通商銀行拾兩。 上海地名。多色底紋印紫色，中央為財神像；背面呈棕色，雙獅拱衛行徽。由美國鈔票公司精心設計，紫色調濃郁絢麗，屬該地區藏家最廣泛收藏的版別之一。流通票難得一見，且未帶任何重大負面評語。PMG備註"釘孔，鏽漬"。 (t) This lot was manufactured in China (including Hong Kong), Russia or Republic of Belarus and was sourced from outside the United States for this auction after tariffs were enacted by the United States. Accordingly, as of February 27, 2026, any client who wishes to take delivery of this item within the United States will be subject to a 7.5% import tariff for China manufactured items, and a 35% import tariff for Russia or Belarus manufactured items. In addition a processing fee of 0.3464% (minimum $33.58 / maximum $651.50) will apply. 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:£378.26

View all items fromStack's BowersorCoins & Banknotes