Heritage Auctions

Auction 4026  –  17 - 19 December 2020

Heritage Auctions, Auction 4026

World Paper Money

Part 1: Th, 17.12.2020, from 3:00 AM CET
Part 2: Sa, 19.12.2020, from 3:00 AM CET
The auction is closed.

Description

Hong Kong Hongkong & Shanghai Banking Corp. 100 Dollars 1.7.1937 Pick 176d KNB65d-e "Duress Note" PMG Very Fine 30. As the Japanese Military advanced from North to South through Asia, currency products were adjusted to meet the new needs of occupied territories. After the Japanese overtook Hong Kong from the British, Army officials forced HSBC officials to hand-sign notes and push them into circulation. These notes, with known serial number ranges, are referred to today as "Duress Notes". For the 100 Dollar denomination, serial numbers B485,001 - B650,000 were issued, under "Duress", by the Japanese. The example offered here, which falls in the known range, has bright colors, good paper, and a manuscript signature at left. Minor restorations are mentioned for accuracy on this otherwise pleasing, rare, and collectible banknote from World War II.

HID09801242017

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Price realized 2'000 USD
Starting price 1'500 USD
Estimate 2'400 USD
The auction is closed.
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