China 1913 Lung-Tsing-U-Hai Railway Gold Loan RESERVE STOCK (Uncancelled and UNCIRCULATED, 1 of 1410 pieces made) Extremely RARE. THIS LISTING IS FOR ONE PIECE ONLY WHICH IS SHOWN ABOVE, PLEASE DO NOT WASTE YOUR TIME ASKING FOR “BEST PRICE” OR “MULTIPLE ITEMS” AS SUCH QUESTIONS WILL NOT BE ANSWERED. Classified as type 281 RS in China’s Foreign Debt 1865 1982 by Wilhelm Kuhlman There was a total number of 1500 Reserve Stock bonds made along with the Regular issues of the 1913 Lung-Tsing-U-Hai Railway bond in the same year, 90 pieces of these were used to replace the Regular bonds (signed Regular issues with serial numbers) that were either lost or damaged during circulation, this left the exact total of only 1410 pieces of original uncancelled RS bonds (all without serial number and signatures), the bond shown above is one of them. Obviously less have survived today and probably only very few of which had survived in (unfolded) pristine condition. These RS bonds, (unlike their Regular Issue counterparts which exist in far greater numbers with over 220,000 pieces made) , are the rarity of the 1913 Lung-Tsing-U-Hai Railway bonds. Whlhelm Kuhlman quoted these bonds in his well-known book (China’s Foreign Debt 1865 – 1982) with a valuation 3 times higher than the regular issues. The bond shown above is in amazing uncirculated condition with full coupon sheet attached, paper is extremely crisp and fresh without any discolorations, the bond has perfect edges and very sharp corners and is free from any folds, tears or any noticeable damages – truly remarkable condition for such a large bond that is over 100 years old. The last photo shows a partial area of the bond being zoomed-in which should give you some ideas about its quality. This item is (life-time) genuine guaranteed. The item “China 1913 Lung-Tsing-U-Hai Railway Gold Loan (RESERVE STOCK) UNCIRCULATED” is in sale since Wednesday, February 17, 2016. This item is in the category “Coins & Paper Money\Stocks & Bonds, Scripophily\Government & War Bonds”. The seller is “songfy228″ and is located in Victoria Park, WA. This item can be shipped worldwide.
- Circulated/Uncirculated: Uncirculated