October 2023 Hong Kong Paper Money Achieves Outstanding Results

The Stack’s Bowers and Ponterio October 2023 Hong Kong Sale was among their largest banknote sales to date and featured two special sessions, the Keith Austin Collection of Swatow Notes and Other Properties and the London Chelsea Collection of People’s Bank Banknotes.

 Both of these sessions saw tremendous results. The Keith Austin Collection was highlighted by an 1898 100 Cash or 7 Mace Silver that realized $13,200. A 1919 5 Dollars from the HSBC in a PMG 58EPQ fetched $9,000, while an equally graded example brought $8,400. Another standout was a P-179c, 100 Dollar note in VF-25 that sold for $7,800. 

Session B, The London Chelsea Collection, offered the highlight of the entire sale with a quartet of PRC 1953 10 Yüan notes that brought $432,000. Also significant in this session were a 1949 10 Yüan that sold for $49,200 and a 1000 Yüan note which brought $48,000. The sale had a tremendous number of five-figure notes crossing the block, which created a very exciting opportunity for passionate PRC collectors. 

Sessions C and D had notable lots of their own. In Session C, a Straits Settlements 1925 10 Dollar Proof Pairing sold for $28,800, and the 5 Dollar note from the same series went for $26,400. Session D was led by a key First Series Renminbi 500 Yüan that realized $38,400. The opening lot of the session, a Yüan Dynasty 2 Kuan, brought the second-highest price of the day at $33,600.  The entire results from the Stack’s Bowers and Ponterio October 2023 Hong Kong sale are available at the firm’s state-of-the-art archives.

Stack’s Bowers Galleries is currently accepting consignments for their December 2023 Hong Kong and January 2024 New York International Numismatic Convention sales. For consignment inquiries, please reach out to Aris@StacksBowers.com.

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