Auction #15 - Archives International Sale of Banknotes and Coins

Industrial Development Bank of Jehol, 1925 Banknote Issue in Unlisted "Red" Color. China, 1 Yuan, P-S2186a, Issued banknote printed in unlisted red color, listed as violet in SCWPM. Choice to Gem Uncirculated condition but the front printing is a little light or possibly faded, P.C. Kao signature, S/N 1775126, amazing note in any condition and possibly the finest known for the issue. The PMG census lists 3 additional notes with the highest graded in AU, this note far surpasses that grade. BEPP.
Estimate HK$ 4,500 - 9,000.