China / Kiau Chau Deutsch-Asiatische Bank 1 Dollar 1.3.1907 Pick 1a PMG Very Fine 25. ...
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China / Kiau Chau Deutsch-Asiatische Bank 1 Dollar 1.3.1907 Pick 1a PMG Very Fine 25. An extraordinary rarity, this Deutsch-Asiatische Bank 1 Dollar stands alone as the single finest graded example in the PMG Population Report at time of cataloging. The type itself is incredibly elusive, and this marks only the second example we have ever offered at auction. Our cataloger was able to trace just two other examples appearing on the market, making this potentially only the fourth market appearance of this variety. Two varieties are known for this denomination, both similarly scarce and distinguished by their watermarks. The example presented here carries the eight-cornered crossflower watermark. Issued through the Tsingtau Branch, the design brings together Germania with a spear at right and the German imperial eagle with a Chinese dragon, providing an interesting blend of cultural motifs. Kiau Chau was a German-controlled enclave on China's Shantung Peninsula centered around the port of Tsingtao, which became an important point of trade between the coast and Chinese interior. Its limited history and the scarcity of surviving issued notes make this an especially challenging area of paper money collecting, with notes like these incredibly elusive. Considering its unrivalled position at the top of the recorded population and few traced market appearances, this is an exceptional opportunity to acquire the type. Rust and ink are mentioned on the holder. HID08101242017 www.HA.com/TexasAuctioneerLicenseNotice
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