Lot# 1621

comprising the 1913 £20 bond (main bond and detached coupon sheet), the 1922 20 Dollar bond, and the 1923 500 Francs bond. These three bonds represent important historical evidence of early Chinese foreign loans, beautifully printed with bilingual French and English text, some featuring red seals and ornate decorative borders. The paper is thick and well-crafted, with crisp details that reflect the financial exchanges between China and foreign powers in the early Republic period. Well-preserved overall, in excellent condition, and of high value for both collectors and researchers.