Mercantile Bank of India, 1948 Specimen Banknote

Chinese and Asian Banknotes Up For Auction Live from Hong Kong on January 10th on iCollector.com

Archives International Auctions, in partnership with iCollector.com, are pleased to present their upcoming auction for live bidding on January 10th 2015 from Hong Kong. This auction is being held in association with Kelleher & Rogers Fine Asian Auctions Ltd. This auction is offering over 370 lots of Chinese and Asian banknotes, scripophily, and coins. Absentee bidding is open to the public now via iCollector.com, and live interactive bidding will take place on January 10th to a worldwide audience. The live auction will allow bidding from any mobile device as well as PC’s and Macs. Registration is simple and secure on iCollector.com

Dr. Robert Schwartz is the President of Archives International Auctions, and has an extensive history and incredible reputation within the collecting world. He has been an active dealer, consultant, researcher, and collector in the world of scripophily, numismatics, and philatelics for the last 25 years. The company has been partnering with iCollector.com for its live auctions for well over two years and has a flawless record for customer relations, authenticity of material, and professionalism in all of their business.

Early in the sale, is an interesting banknote showing at Lot 2057. This is a banknote issued by the Chiing Dynasty in 1857. The note appears to be AU to Choice AU condition with one very light fold in the middle. This is a very attractive piece and the S/N is 3526. Bidders can get active on this note with a starting bid of only 3000 HKD. A few lots later at Lot 2078, there is a great note from the Bank of China. This is a 1912 “Manchuria” branch issue, with an ICG grading of V/VG. This is an extremely rare note and carries an opening bid of only 5000 HKD for bidders to pursue adding this note to their collection.

From other banks of Asia, this auction has many outstanding notes. At Lot 2268 comes a rarity up for auction. From the Mercantile Bank of India is a 1948 specimen banknote produced on the 24th of August, 1948. This is a 500 HKD banknote with a PMG graded Choice Uncirculated 64. There is no record to be found of this early date being up for auction so this is a significant banknote. There is a full description and 4 detailed photographs available for viewing in the online catalog at iCollector.com. This note has a starting bid of 84,000 HKD and is estimated to sell as high as 230,000 HKD.

Worldwide collectors can join the auction today, as registration and absentee bidding is open to the public. This auction will broadcast live from Wan Chai, Hong Kong, at 5PM January 10th, 2014 (Local Hong Kong Time). There will also be a live audio feed so bidders can feel a part of the action. Registration is secure and quick on iCollector.com using an email address, and logins with Facebook, Google Plus, or an existing iCollector.com account.