1912 5% Gold 'Crisp' Loan, bond for £1000, no.718, large format, ornate border, red and black with yellow underprint, red 'chops', with coupons, small edge tear at bottom, almost very fine and a nice example of this scarce high denomination. £1,500-2,000
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1913 Lung Tsing U Hai Railway, 5% Gold Loan, a group of 10 bonds of £20, large format, blue and black, text in French and English, with coupons, some with edge tears but generally very fine. (10) £500-600
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1913, Lung Tsing U Hai Railway 5% Gold Loan, a duplicate £20 bond, No.B077303, overstamped "Duplicata" in large red letters, issued in exchange for damaged or lost bond, large format, blue and black, text in English and French, with coupons, good very fine and rare. £300-400
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Province of Petchili, 5 1/2% Gold Loan, 1913, bond for £20, no.13641, very large format piece with vignette of Chinese shipping with mountains in background, brown and black, red 'chop' in centre, text in French and English, with coupons (reattached at bottom), very fine. £800-1,000
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Province of Petchili, 5 1/2% Gold Loan, 1913, bond for £20, no.17959, very large format piece with vignette of Chinese shipping with mountains in background, brown and black, red 'chop' in centre, text in French and English, with coupons (reattached at bottom), very fine. £800-1,000
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Province of Petchili, 5 1/2% Gold Loan, 1913, bond for £20, no.20832, very large format piece with vignette of Chinese shipping with mountains in background, brown and black, red 'chop' in centre, text in French and English, with coupons, top third somewhat toned and small nick at left edge, very fine. £600-800
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Province of Petchili, 5 1/2% Gold Loan, 1913, bond for £20, no.21061, very large format piece with vignette of Chinese shipping with mountains in background, brown and black, red 'chop' in centre, text in French and English, with coupons, wear at fold, about very fine. £800-1,000
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Chinese Government 5% Reorganisation Gold Loan of 1913, a trio of certificates comprising; bond for £100, no.795535, blue and £20, 1913, no.4870, brown, both countersigned Hongkong and Shanghai Banking Corporation and £20, no.625480, Russo-Asiatic Bank, all with ornate border, vignette at top of Mercury, all with coupons, very fine to extremely fine. (3) £400-500
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1913 5% Reorganisation Gold Loan, a group of 5 x £20 bonds issued by the Hongkong & Shanghai Banking Corporation, 'Mercury' at top, peasants and buildings at either side, brown and black, printed by Waterlow & Sons, with coupons, one with minor edge tear, very fine and better. (5) £300-400
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1913 5% Reorganisation Gold Loan, a group of bonds for £20 (15), all issued by the Hongkong and Shanghai Banking Corporation, orange-brown and black, with coupons, generally very fine to extremely fine. (15) £900-1,200
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1913 5% Reorganisation Gold Loan, a group of bonds for £20 (20), all issued by the Hongkong and Shanghai Banking Corporation, orange-brown and black, with coupons, very fine to extremely fine. (20) £1,200-1,500
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1913 5% Reorganisation Gold Loan, a group of 24 bonds for £20, issued by the Hongkong & Shanghai Banking Corporation, 'Mercury' at top, peasants and buildings at either side, brown and black, printed by Waterlow & Sons, with coupons, generally very fine and better. (24) £1,400-1,800
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1913 5% Reorganisation Gold Loan, bond for £100, issued by the Hongkong and Shanghai Banking Corporation, 'Mercury' at top, peasants and buildings at either side, blue and black, printed by Waterlow & Sons, with coupons, near extremely fine. £300-400
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1913 5% Reorganisation Gold Loan, a pair of £100 bonds issued by the Hongkong & Shanghai Banking Corporation, 'Mercury' at top, peasants and buildings at either side, blue and black, printed by Waterlow & Sons, with coupons, both with tear at bottom right corner, very fine. (2) £500-600
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1913 5% Reorganisation Gold Loan, a group of bonds for £100 (5), all issued by the Hongkong & Shanghai Banking Corporation, blue and black, with coupons, very fine to extremely fine. (5) £1,500-2,000
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1913 5% Reorganisation Gold Loan, a group of bonds for £100 (5), all issued by the Hongkong & Shanghai Banking Corporation, blue and black, with coupons, very fine to extremely fine. (5) £1,500-2,000
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1913 5% Reorganisation Gold Loan, a group of bonds for £100 (5), all issued by the Hongkong & Shanghai Banking Corporation, blue and black, with coupons, one torn at bottom, very fine or thereabouts. (5) £1,200-1,500
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1913 5% Reorganisation Gold Loan, a group of 21 bonds for £20, issued by the Banque de L'Indo-Chine, 'Mercury' at top, peasants and buildings at either side, brown and black, printed by Waterlow & Sons, with coupons, generally very fine and better. (21) £1,200-1,500
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1913 5% Reorganisation Gold Loan, a group of 22 bonds for £20, issued by the Deutsch-Asiatische Bank, 'Mercury' at top, peasants and buildings at either side, brown and black, printed by Waterlow & Sons, with coupons, a nice lot, generally good very fine or better. (22) £1,200-1,500
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1913, 5% Reorganisation Gold Loan, bond for £100, countersigned by the Deutsch-Asiatische Bank, ornate border, Mercury at top, city view and peasants at either side, blue and black, printed by Waterlow & Sons, with coupons, very fine to extremely fine. £300-400
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1913, 5% Reorganisation Gold Loan, bond for £100, countersigned by the Deutsch-Asiatische Bank, ornate border, Mercury at top, city view and peasants at either side, blue and black, printed by Waterlow & Sons, with coupons, good very fine. £300-400
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1913 5% Reorganisation Gold Loan, £100 bond issued by the Deutsch-Asiatische Bank, no.884828, 'Mercury' at top, peasants and buildings at either side, blue and black respectively, printed by Waterlow & Sons, with coupons, good very fine but small red ink mark in top margin. £300-400
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1913 5% Reorganisation Gold Loan, £100 bond issued by the Deutsch-Asiatische Bank, no.884829, 'Mercury' at top, peasants and buildings at either side, blue and black respectively, printed by Waterlow & Sons, with coupons, good very fine. £300-400
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1913 5% Reorganisation Gold Loan, a group of bonds for £100 (5), all issued by the Deutsch-Asiatische Bank, blue and black, with coupons, very fine to extremely fine. (5) £1,500-2,000
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1913 5% Reorganisation Gold Loan, a group of bonds for £100 (5), all issued by the Deutsch-Asiatische Bank, blue and black, with coupons, very fine to extremely fine. (5) £1,500-2,000
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1913 5% Reorganisation Gold Loan, bond for £20, issued by the Russo-Asiatic Bank, Mercury at top, farmers and traditional Chinese building at either side, green and black, printed by Waterlow & Sons, together with Banque Industrielle de Chine, 500 franc share, 1913, capital 45,000,000 francs, dragons at top, chinese dogs at bottom with panoramic view of the City, yellow and black, with coupons, both very fine to extremely fine. (2) £80-100
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1913 5% Reorganisation Gold Loan, a group of 14 bonds for £20, issued by the Russo Asiatic Bank, 'Mercury' at top, peasants and buildings at either side, brown and black, printed by Waterlow & Sons, with coupons, fine to very fine, some better. (14) £800-1,000
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1913 5% Reorganisation Gold Loan, a group of 5 £20 bonds issued by the Russo-Asiatic Bank, 'Mercury' at top, peasants and buildings at either side, green and black, printed by Waterlow & Sons, with coupons, one with small cut and another with small tears at bottom edge, very fine and better. (5) £300-400
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1913 5% Reorganisation Gold Loan, a group of 18 bonds for £20, issued by the Russo-Asiatic Bank, 'Mercury' at top, peasants and buildings at either side, green and black, printed by Waterlow & Sons, with coupons, generally very fine, some better. (18) £1,000-1,500
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1913 5% Reorganisation Gold Loan, a group of 5 receipts for repayment of coupon payable 1914, attached to original coupon for 5 bonds numbered 081535-081539, small format, black on pale green paper, French adhesive duty stamps, red 'chop' at bottom, very fine and very rare with original coupon. £60-80
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Chinese Central Government, 1913 6% 'Austrian' Loan, bond for £100, no.10215, large format piece with ornate border, green and black, red 'chop' in centre, with coupons, heavy centre fold which has separated and been repaired sometime in the past, sellotape remains, top edge a little ragged, fair to fine and scarce. £600-800
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1914 5% Emprunt Industrielle, unissued provisional certificate for 500 francs from the reserve stock, ornate border, blue and beige, with 1914 500 francs bond dated 1914, 1914 issued bond trimmed, reserve stock, extremely fine and rare. £80-100
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1914 5% Gold 'Industrial' Loan, unissued bond for 500 francs from the reserve stock, large format, vignettes of railways, station and bridge, brown, yellow underprint, with all coupons from 1934, not numbered, good extremely fine. £150-180
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1918 8% Treasury 'Marconi' Bill, £100 bond, no.000724, ornate border, red and black, yellow underprint, on poor quality paper, one of the best condition pieces the cataloguer has seen with just a small split at bottom left along a single fold. £80-100
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1918, 8% 'Marconi' Treasury Bill, £100 bond, no.364 of only 1500 issued, ornate border, red and black, yellow underprint, on poor quality paper, coupons removed and re-attached, very minor split at fold, good very fine and much better than usual condition. £80-100
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1918, 8% 'Marconi' Treasury Bill, £500 bond, no.1809 of only 500 issued, ornate border, red and black, yellow underprint, on poor quality paper, coupons removed and re-attached, several splits at edges and folds, fine £150-200
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1918, 8% 'Marconi' Treasury Bill, £1000 bond, no.2049 of only 200 issued, ornate border, red and black, yellow underprint, on poor quality paper, coupons removed and re-attached, repaired tear at bottom right, further edge tears, fine and rare. £250-300
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1919 8% 10-Year Sterling Treasury Notes 'Vickers Loan', set of bonds for £100, £500 and £1000, vignette of dockside at top, ornate border, green, blue and brown respectively, all with coupons, generally very fine. (3) £300-400
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1919 8% 10 Year Sterling Treasury Notes 'Vickers Loan', a group of 7 bonds for £100, vignette of dockside at top, ornate border, green, with coupons, generally very fine. (7) £200-250
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1919, 6% Two-Year Secured Gold 'Chicago Bank' Loan, $1000 bond, no.815, vignette of Pagoda at top, orange and black, printed by the American Bank Note Co., with coupons, ragged edge at right where coupons removed, good very fine £400-500
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1920 Lung Tsing U Hai Railway, 8% Loan, a group of 9 bonds of 1000 florins, steam train and bridge at top, orange-brown, green and red, with coupons, very fine to extremely fine. (9) £250-350
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1923 Lung Tsing U Hai Railway, 8% Loan, a group of 10 bonds of 1000 florins, steam train and bridge at top, green and red, with coupons, a couple with rust marks, good very fine, the remainder extremely fine. (10) £300-400
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1925 5% Gold 'Boxer' Loan, a group of 20 bonds for US $50, ornate border, brown, yellow underprint, text in English and French, with coupons, a handful with edge nicks, generally very fine to extremely fine. (20) £150-200
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1925 5% Gold 'Boxer' Loan, a group of 22 bonds for $50, ornate border, brown and yellow, with coupons, mixed condition, generally about very fine and better. (22) £200-250
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1925 5% Gold 'Boxer' Loan, a group of 150 bonds for $50, ornate border, brown and yellow, with coupons, mixed condition, many very fine and better. (150) £1,000-1,200
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1925 8% 'Skoda' Loan, bond for £5, no.0002602, inverted 'No.', ornate border, brown blue and black, chop in centre, with coupons, about extremely fine with rare error. £300-400
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1925 8% 'Skoda' Loan, a group of 10 bonds for £50, ornate border, green and black, 'chop' in centre, with coupons, a couple with edge tears but generally very fine to extremely fine. (10) £250-350
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1925 8% 'Skoda' Loan, a group of 7 bonds for £100, ornate border, brown and black, 'chop' in centre, with coupons (some detached), some with edge tears but generally very fine to extremely fine. (7) £200-250
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1925 8% 'Skoda' Loan, bond for £500, no.0020970, ornate border, orange and black, 'chop' in centre, with coupons, about extremely fine. £200-300
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1925 8% 'Skoda' Loan, bond for £1000, no.0026678, ornate border, red and black, 'chop' in centre, with coupons, tear on adhesive label at top right, extremely fine. £200-300
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