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China: 1903 5% Gold Loan, Pien Lo Railway

Issued 25,000,000 francs in 1905 and 16,000,000 francs in 1907.

1903

Country: Theme: ,
REF. NO. DENOMINATION DESCRIPTION NO.ISSUED CONDITION VALUE
101 500 francs dated 1905, with coupons 50,000 VF £20
101a 500 francs as above but DUPLICATA #1300,#44728 VF £800
101b 500 francs as above but unissued ? EF £300-400
102 500 francs dated 1907, with coupons 32,000 VF £25
101a 500 francs as above but unissued ? EF £300-400

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