It was issued by the company that delivered electricity and trolley service to the bustling City of Shanghai, the economic and cultural hub of the Republic of China… That’s right – interest and principle were both payable in Chinese Silver Coinage! The bond was prepared for issue in 1933 and promised 5 1/2% interest for a period of 50 years (through 1973)!! For this purpose there are 74 Seventy Four!! Each coupon is beautifully vignetted with a helmeted warrior. After all, there are no others anywhere else. The coupon sheet is complete and even larger than the bond itself. Total size of the bond and coupon sheet is 15″ x 20″! But the heart and soul of this spectacular Specimen remains the front, with its full width vignette (steel etched illustration) of the ledgendary Shaghai Bund (Waterfront) circa 1930 with junks sailing in the foreground. A young god in the sky carrying a dynamo bestows electric energy to the city! Super ornate purple border, seal and underprint! Exceptionally clean and crisp condition with only 3 light storage folds from pristine perfection. No rubber stamps, no tears, no splits, no stains and no missing pieces! This bond is already a historic museum caliber display piece. 10 or 20 years from now it will be untouchable. Only a tiny handful of Specimens was printed 80 years ago and they are seldom if ever offered for public sale. Shanghai has been electrified. Now it’s your turn to get Shanghai Power! The item “RARE 1933 $5000 SHANGHAI POWER BOND ALL 74 COUPS Payable in CHINESE SILV DOLLARS” is in sale since Thursday, May 15, 2014. This item is in the category “Coins & Paper Money\Stocks & Bonds, Scripophily\World\Asia”. The seller is “collect-a-thon” and is located in New York, New York. This item can be shipped worldwide.
- Circulated/Uncirculated: Uncirculated Paper w 3 light folds