Lot 2891

Description

Chinese Government, 5% Reorganisation Gold Loan of 1913, brown certificate number 209454, issued by Deutsch-Asiatische Bank, in modern timber frame with glass on both sides (465mm x 350mm), interest coupons visible at back; another 5% Reorganisation Gold Loan of 1913,brown certificate number 311413, issued by Banque De l'Indo-Chine a Paris, in modern timber frame with glass on both sides (465mm x 350mm), interest coupons visible at back; another 5% Reorganisation Gold Loan of 1913, brown certificate number 44348, issued by The Hong Kong and Shanghai Banking Corporation in London, in modern timber frame with glass on both sides (465mm x 350mm), interest coupons visible at back. another 5% Reorganisation Gold Loan of 1913, brown certificate number 750924, issued by Russo-Asiatic Bank, in modern timber frame with glass on both sides (465mm x 350mm), interest coupons visible at back. Initials DB or UD on most at top edge otherwise extremely fine. (4)

This loan was issued by four banks, German-Asiatic Bank, French Society of France Bank, Hong Kong and Shanghai Bank and the Russo-Asiatic Bank, each of which received 6% commission. Of the estimated ?21 million raised, approximately ?14 million disappeared. The original certificates were brown, replaced later by green after the collapse of the Russo-Asiatic Bank.