Lot 82
82
Bank of China, 20 cents Shanghai, 1 July 1925, serial number F162139, blue, rev. brown (P.64a), as last but colour trial, dark orange with SPECIMEN WATERLOW & SONS LTD in blue at top and in black along margin at right, rev. green, SPECIMEN WATERLOW & SONS LTD in blue at lower centre (P.64 for type) both uncirculated, the latter hole cancelled, rare, and 50 cents Shanghai, 1 July 1925, serial number 105517, brown-orange rev. green (P.65), fine and scarce (3)
Bank of China, 20 cents Shanghai, 1 July 1925, serial number F162139, blue, rev. brown (P.64a), as last but colour trial, dark orange with SPECIMEN WATERLOW & SONS LTD in blue at top and in black along margin at right, rev. green, SPECIMEN WATERLOW & SONS LTD in blue at lower centre (P.64 for type) both uncirculated, the latter hole cancelled, rare, and 50 cents Shanghai, 1 July 1925, serial number 105517, brown-orange rev. green (P.65), fine and scarce (3)

Details
Bank of China, 20 cents Shanghai, 1 July 1925, serial number F162139, blue, rev. brown (P.64a), as last but colour trial, dark orange with SPECIMEN WATERLOW & SONS LTD in blue at top and in black along margin at right, rev. green, SPECIMEN WATERLOW & SONS LTD in blue at lower centre (P.64 for type) both uncirculated, the latter hole cancelled, rare, and 50 cents Shanghai, 1 July 1925, serial number 105517, brown-orange rev. green (P.65), fine and scarce (3)

Lot Essay

The first note illustrated