HomeAuctionsStack's Bowers October 2023 Hong Kong Paper Money Auction Achieves Outstanding Results

Stack’s Bowers October 2023 Hong Kong Paper Money Auction Achieves Outstanding Results

The October 2023 Hong Kong Sale from Stack’s Bowers and Ponterio was one of the largest auctions of world banknotes that the companies have everh held.

Especially notable at the auction were two collections: the Keith Austin Collection of Swatow Notes and Other Properties and the London Chelsea Collection of People’s Bank Banknotes. Each collection received a dedicated auction session.

China I Ho Chuang Note (1898). Image: Stack's Bowers.
China I Ho Chuang Note (1898). Image: Stack’s Bowers.

The top lot in Session A (The Keith Austin Collection) was lot 20037, a 1898 100 Cash or 7 Mace Silver, which realized $13,200 USD.

A 1919 5 Dollars from HSBC in a PMG 58EPQ fetched $9,000 in lot 20162 while an equally graded example brought $8,400 in lot 20161.

Another standout was a P-179c, 100 Dollar note in VF-25 that sold for $7,800 in lot 20007.

1953 Chinese 10 Yuan Note. PMG 55 - Stack's Bowers October 2023 Hong Kong Paper Money Auction Achieves Outstanding Results. Image: Stack's Bowers.
1953 Chinese 10 Yuan Note. PMG 55. Image: Stack’s Bowers.

The London Chelsea Collection in Session B offered the highlight of the entire sale with a quartet of PRC 1953 10 Yuan notes in lot 21057 that brought $432,000.

Also important were lot 21031, a 1949 10 Yuan that sold for $49,200 and lot 21053, which realized $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.

In Session C of the Hong Kong paper money auction, lot 22197, a Straits Settlements 1925 10 Dollar Proof Pairing sold for $28,800 and the 5 Dollar note from the same series in lot 22196 $26,400.

1951 Chinese 500 Yuan Note - Stack's Bowers October 2023 Hong Kong Paper Money Auction Achieves Outstanding Results. Image: Stack's Bowers.
1951 Chinese 500 Yuan Note. Image: Stack’s Bowers.

Session D was led by lot 23228, a key First Series Renminbi 500 Yuan that realized $38,400.

The opening lot of the session, lot 23001, a Yuan 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 paper money auction are available at the firm’s auction archives.

Stack’s Bowers Galleries is currently accepting consignments for their December 2023 Hong Kong and January 2024 New York International Numismatic Convention (NYINC) sales. For consignment inquiries, please reach out to [email protected].

Stack's Bowers
Stack's Bowershttps://stacksbowers.com/
Stack's Bowers Galleries conducts live, internet, and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company's 90-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection, The Sydney F. Martin Collection, and The Battle Born Collection — to name just a few. World coin and currency collections include The Pinnacle Collection, The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Salton Collection, The Wa She Wong Collection, and The Thos. H. Law Collection. The company is headquartered in Costa Mesa, California with galleries in New York, Boston, and Philadelphia. Offices are also located in New Hampshire, Oklahoma, South Carolina, Virginia, Hong Kong, Paris, and Vancouver.

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