Spink Offers Hong Kong Specimens and Other Rarities Certified by PMG

An exciting group of more than 300 banknotes certified by Paper Money Guaranty® (PMG®) is being offered in a pair of Spink auctions. Bidding is already underway for CSS116A - Chinese Banknotes and Coins and CSS116B - World, Macau and Hong Kong Coins and Banknotes, which conclude on April 3, 2025.

A top PMG-graded highlight in the auctions is a complete set of five Hong Kong 1995 (20, 50, 100, 500 and 1,000 Dollar) Specimens graded PMG 58 Choice About Uncirculated to PMG 63 Choice Uncirculated (lot 1215), with an estimate of HKD300,000 to HKD400,000 (about $39,000 to $51,000). In 1993, the Hong Kong Executive Council authorized the Bank of China to issue notes to the region. Finding a complete set of specimens in each denomination, like in this lot, is rare.

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Other PMG-certified notes in the auction include:

• a China / Empire "Ming Dynasty" 1368-99 1 Kuan graded PMG 58 Choice About Uncirculated NET (Auction CSS116A, lot 8), with an estimate of HKD150,000 to HKD200,000 (about $19,000 to $26,000)
• a Hong Kong 1900-02 10 Dollars Specimen graded PMG 64 Choice Uncirculated (Auction CSS116B, lot 1280), with an estimate of HKD100,000 to HKD180,000 (about $13,000 to $23,000)
• a Hong Kong, Mercantile Bank of India, Ltd. 1935 50 Dollars graded PMG 30 Very Fine NET (Auction CSS116B, lot 1197), with an estimate of HKD120,000 to HKD150,000 (about $15,000 to $19,000)
• a Hong Kong, Oriental Bank Corporation ND (ca. 1850s) 50 Dollars Proof graded PMG 63 Choice Uncirculated (Auction CSS116B, lot 1190), with an estimate of HKD100,000 to HKD150,000 (about $13,000 to $19,000)
• a China, Kwangtung Sat Yip Bank 1919 1 Dollar "Private Issue" graded PMG 20 Very Fine (Auction CSS116A, lot 136), with an estimate of HKD100,000 to HKD150,000 (about $13,000 to $19,000)
• a Hong Kong, HK & Shanghai Banking Corporation 1930 500 Dollars graded PMG 35 Choice Very Fine (Auction CSS116B, lot 1336), with an estimate of HKD100,000 to HKD150,000 (about $13,000 to $19,000)
• a Hong Kong, Mercantile Bank of India, Ltd. 1941 10 Dollars graded PMG 50 About Uncirculated EPQ (Auction CSS116B, lot 1196), with an estimate of HKD100,000 to HKD150,000 (about $13,000 to $19,000)
• a Hong Kong, Chartered Bank of India, Australia & China 1931-34 50 Dollars graded PMG 25 Very Fine (Auction CSS116B, lot 1242), with an estimate of HKD100,000 to HKD140,000 (about $13,000 to $18,000)
• a set of Taiwan, China 1946 10 Yuan Front and Back Proofs, each graded PMG 63 Choice Uncirculated (Auction CSS116A, lot 115), with an estimate of HKD60,000 to HKD80,000 (about $7,700 to $10,000)
• a China, International Banking Corporation 1905 5 Dollars graded PMG 58 Choice About Uncirculated (Auction CSS116A, lot 79), with an estimate of HKD50,000 to HKD70,000 (about $6,400 to $9,000)

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