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The fourth dream of the Far East- China Famous Numismatic collectors's series -Session one:Banknotes
28 October 2016, 10:00 EST
Dubai, Dubai, United Arab EmiratesLive Auction
Lot 15: CHINA--EMPIRE. Ming Dynasty 400 Cash Banknote , Hong Wu, 1368-1398. P-AA4?(S/M#T36-4).Monumental Ming Dynasty 400 Cash Note. PMG 25(88 views)
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Estimate: $100,000 - $150,000
Description: The Ming Dynasty was the ruling dynasty of China for 276 years spanning from 1368 to 1644. During this banknotes circulation period (1368-1398), Zhu Yuanzhang or the Hung Wu Emperor was in power. He was the founder and first emperor of the Ming Dynasty. This dynasty has often been considered one of the greatest eras of orderly government and social stability in human history.Printed on mulberry. Large vertical format. Four strings of cash coins at center with denomination above. Obligation and counterfeiting clause at lower center. With printed year at lower left. A note which is believed to be the only known collectible example of the denomination, with reports of another permanently impounded within a museum in China. Appealing quality for the grade with well defined vermilion stamping on both the face and back. Minimal edge distractions with only a clipped lower left corner. A few typical small internal tears but mostly wholesome. A famous sample consigned by Chris Chow.
Condition Report: PMG 25
Provenance: From the Chris Chow collection
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