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BONDS

3

3500

Ex. 3501

3502

Ex. 3503

3500

1912 A Republic of China First Year, $5 Military Bond, with complete coupon attached, center folded. Photo

HK$ 1,500 - 2,000

3501

1930’s Two different company shares, each with ROC revenue stamps on reverse, average and toned. Photo

HK$ 400 - 600

3502

1938 A ROC Canton Province National Defense Bond $5, missing 2 coupons.

HK$ 500 - 700

3503

A small selection of China Railway Bonds, one Imperial and 2 ROC. All of them have a few of coupons were removed or rejoined,

average. Photo

HK$ 700 - 900