(t) CHINA--PROVINCIAL BANKS. Changsha Bank. 1 Yuan, 1.1.1928. P-S858s.

(t) CHINA--PROVINCIAL BANKS. Changsha Bank. 1 Yuan, 1.1.1928. P-S858s. S/M#C14-1. Specimen. PMG Gem Uncirculated 65 EPQ. This enticing 1 Dollar specimen is in purple and multicolour, featuring a city wall scene at the centre. A beautiful note in gem grade. The bank was established in the latter half of 1927 to raise funds for the National Revolutionary Army. The American Bank Note Company (ABNC) was commissioned to design and print banknotes in denominations of 1, 5, and 10 Dollars. With the capitulation of Changsha in January 1928, the need for fundraising evaporated, leading some of the remaining notes to be overprinted and issued under the name of the Hunan Provincial Bank. Estimate: $400 - $700. Provenance: From the Yang Ai Hao Collection. 民國十七年長沙銀行壹圓。樣票。 此誘人之壹圓樣票為紫色及多色印刷，中央為城牆景觀。特選評級之美品。該銀行於1927年下半年成立，旨在為國民革命軍籌集資金。美國鈔票公司受委託設計並印製了面額為壹、伍、拾圓的紙幣。隨著1928年1月長沙的陷落，籌資需求消失，部分剩餘紙幣被加蓋後以湖南省銀行名義發行。 (t) This lot was manufactured in China (including Hong Kong), Russia or Republic of Belarus and was sourced from outside the United States for this auction after tariffs were enacted by the United States. Accordingly, as of February 27, 2026, any client who wishes to take delivery of this item within the United States will be subject to a 7.5% import tariff for China manufactured items, and a 35% import tariff for Russia or Belarus manufactured items. In addition a processing fee of 0.3464% (minimum $33.58 / maximum $651.50) will apply. Please note, this is not, and is not intended to be, a complete description of the applicable import tariffs and buyer remains fully liable for and agrees to promptly pay all tariffs and fees relating to the import of these items into the United States and neither the auctioneer nor any consignor will have any responsibility to pay any applicable tariffs or fees. Please consult your tax adviser with any questions. Furthermore, any lots subject to an import tariff will be shipped directly from our Hong Kong offices and shipments to the United States will be subject to our international shipping chart.

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