PMG-graded Hong Kong 'Tea House' Note Tops April Spink Sale

A rare “Tea House” note is among a large selection of collectible Chinese banknotes certified by Paper Money Guaranty® (PMG®) that are available now in Spink Auction CSS92A and CSS92B on April 11-12, 2023. In all, more than 400 PMG-certified banknotes are being offered.

A top highlight of the auction is this Hong Kong, Hong Kong & Shanghai Banking Corporation 1912 100 Dollars graded PMG 20 Very Fine (CSS92A, lot 432) with an estimate of HKD 400,000 to HKD 800,000 (about $51,000 to $102,000). As the only issued example in the PMG Population Report of this catalog number, which is distinguished by the 1912 date, this “Tea House” note is an exceptional rarity.

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Other PMG-certified banknotes in these auctions include:

• a China 1973 2 Yuan Front Printer’s Model graded PMG 63 Choice Uncirculated (CSS92B, lot 1285) with an estimate of HKD 280,000 to HKD 500,000 (about $37,000 to $64,000)
• a Lebanon, Banque de Syrie et du Liban 1939 250 Livres graded PMG 35 Choice Very Fine (CSS92A, lot 132) with an estimate of HKD 200,000 to HKD 400,000 (about $25,000 to $51,000)
• a Hong Kong, Chartered Bank of India, Australia & China ND (1890-1903) 25 Dollars graded PMG 40 Extremely Fine (CSS92A, lot 339) with an estimate of HKD 200,000 to HKD 400,000 (about $25,000 to $51,000)
• a Hong Kong, Chartered Bank of India, Australia & China 1910 100 Dollars graded PMG 50 About Uncirculated (CSS92A, lot 340) with an estimate of HKD 200,000 to HKD 400,000 (about $25,000 to $51,000)
• a Hong Kong, Hong Kong & Shanghai Banking Corporation 1975 500 Dollars graded PMG 67 Superb Gem Uncirculated EPQ (CSS92A, lot 465) with an estimate of HKD 120,000 to HKD 200,000 (about $15,000 to $25,000)
• a Hong Kong, Chartered Bank 1982 1,000 Dollars graded PMG 67 Superb Gem Uncirculated EPQ (CSS92A, lot 382) with an estimate of HKD 130,000 to HKD 180,000 (about $17,000 to $23,000)
• a China / People's Republic 1951 10,000 Yuan graded PMG 20 Very Fine NET (CSS92B, lot 1264) with an estimate of HKD 110,000 to HKD 180,000 (about $14,000 to $23,000)
• a Hong Kong 1930 50 Dollars graded PMG 67 Superb Gem Uncirculated EPQ (CSS92A, lot 429) with an estimate of HKD 110,000 to HKD 180,000 (about $14,000 to $23,000)
• a China / People's Republic 1953 10 Yuan graded PMG 50 About Uncirculated NET (CSS92B, lot 1276) with an estimate of HKD 110,000 to HKD 160,000 (about $14,000 to $20,000)
• a China / People's Republic 2015 100 Yuan with a Solid-8 Serial Number graded PMG 68 Superb Gem Uncirculated EPQ (CSS92B, lot 1299) with an estimate of HKD 100,000 to HKD 150,000 (about $13,000 to $19,000)
• a group of two Beijing Banknote Printing Co. (CHN) Test Notes with a Confucius design — one with no value graded PMG 63 Choice Uncirculated and the other a 10 Yuan graded PMG 53 About Uncirculated EPQ — (CSS92B, lot 1289) with an estimate of HKD 80,000 to HKD 150,000 (about $10,000 to $19,000)
• a Hong Kong, Chartered Bank of India, Australia & China ND 1890-1912 5 Dollars graded PMG 35 Choice Very Fine (CSS92A, lot 338) with an estimate of HKD 80,000 to HKD 150,000 (about $10,000 to $19,000)
• a group of two China / People’s Republic 1951 10,000 Yuan notes — a Front Specimen graded PMG 63 Choice Uncirculated and a Back Specimen graded PMG 62 Uncirculated — (CSS92B, lot 1263) with an estimate of HKD 70,000 to HKD 140,000 (about $9,000 to $18,000)
• a Hong Kong, Chartered Bank of India, Australia & China 1931-34 50 Dollars graded PMG 25 Very Fine (CSS92A, lot 359) with an estimate of HKD 80,000 to HKD 120,000 (about $10,000 to $15,000)
• a group of nine Hong Kong, Standard Chartered Bank 10 Dollar Notes with Solid Serial Numbers graded PMG 66 Gem Uncirculated EPQ to PMG 67 Superb Gem Uncirculated EPQ (CSS92A, lot 355), with an estimate of HKD 75,000 to HKD 90,000 (about $10,000 to $11,000)

Estimates are provided by the auction house. The $ symbol represents US Dollars.