Lot# 7319
The 2025 December Auction - Sale 346 (December 13 - December 16, 2025) December 13 - December 16 2025, Hong Kong
Lot# 7319
Starting Price: 1,400 HK$
Hammer Price: 1,400 HK$
Beizhi Development Bonds, Special First Issue, China United Reserve Bank Notes, 100 Yen x 8,
with an annual interest rate of 5.5%. Each bond’s interest coupon has one section cut, indicating prior usage. The bonds are well-preserved and hold significant historical and collectible value, providing important documentation for the study of financial instruments and bond markets in the Republican era.
