About 3,000 items will be brought before the collectors on Nov 26 when China Guardian launches the 2012 Autumn Stamps and Covers, Coins and Banknotes sales from Nov 26 to 28 in Beijing.
Among the stamps, the highlights include a set of four stamps The Whole Country Is Red. Issued in 1968 when China was mired in the “cultural revolution”(1966-76), the stamps were immediately withdrawn due to design mistakes, and few appeared in the public since, making them a highly sought-after piece among collectors.
The Whole Country Is Red
At this spring auction, one of its contemporaries, the stamp Long Live Complete Victory of the Great Cultural Revolution was sold at 7, 30 million yuan, a record price for a single Chinese stamp.
In addition, an album of stamps produced in the 1940s will make its debut in the sales. The stamps were issued within the regions dominated by the People’s Liberation Army as the PLA engaged in a civil war against the Kuomintang troops. Rarely seen before, the stamps will earn the intensive attention of the collectors and more to the point, help further research on the civil war.
In the sales of ancient coins, gold and silver sycees, 600 items will be up for grabs. A bronze coin with “靖康通寶” inscribed on one face, produced in the Northern Song Dynasty (960-1127), will reappear after it was sold at China Guardian for 728,000 yuan in 2007.
Also, the highlights include many ancient coins collected by Gong Xinzhao (1870-1949). For example, a coin and 1000 in ancient banknotes from the late Qing Dynasty (1636-1911) and two Ming Dynasty (years) mirrors, noted for their elegant shape.
Among the 500 modern pieces, those produced in 1907 and 1929 are widely anticipated. The former, designed by the then Beiyang Mint, was withdrawn from the market due to popular opposition, while the latter, dedicated to Sun Yat-sen, were never in circulation, though many were designed by America, Italy and Japan.
The banknotes sale features extensive collection of Xu Feng. In the past seven decades, he has amassed a great number of coins that stretch from various dynasties and regions, including those produced in 1908, 1913 and 1928 by the then Government of the Republic of China.
A coin dedicated to Sun Yat-sen
Other top-class banknotes include one designed for Yuan Shih-kai (1859-1916), who was elected Provisional President of the Republic of China in 1912. The note, however, was poorly designed and was not brought to the public. Currencies of the 1911 Revolutionary period, collected by Wu Chouzhong (1916-2004) are important historical records of ancient banking business and will be up for auction.
In 1905, the underground resistance movement T'ung-meng Hui issued bonds to raise money for military development. As a member of the secret society, Sun Yat-sen signed on the bonds and affixed his seals, which has increased their historical values.
The preview of the sales will start on Nov 24.
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