Lot# 7327

The 2025 December Auction - Sale 346 (December 13 - December 16, 2025)   December 13 - December 16 2025, Hong Kong

(1) Shanghai–Nanking Railway 5% Gold Loan, £100; (2) Shanghai Hangchow Ningpo Railway 6% Gold Loan, £50 (sterling). Both fine
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Lot# 7327
Starting Price: 1,000 HK$
Hammer Price: 1,400 HK$
Two Chinese government railway bonds, c.1908–1913,

(1) Shanghai–Nanking Railway 5% Gold Loan, £100; (2) Shanghai Hangchow Ningpo Railway 6% Gold Loan, £50 (sterling). Both finely printed with full coupons, clear seals and contractual text.

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