(t) CHINA--EMPIRE. Yuan Dynasty. 2 Kuan, 1264-1341. P-Unlisted. S/M#C167-1.

lot/t china empire yuan dynasty 2 kuan 1264 1341 p unlisted s m c167 1 MJ2jss7 632670697 / For sale

lot/t china empire yuan dynasty 2 kuan 1264 1341 p unlisted s m c167 1 MJ2jss7 632670697

For salePrice history

lot/t china empire yuan dynasty 2 kuan 1264 1341 p unlisted s m c167 1 MJ2jss7 632670697

For salePrice history

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(t) CHINA--EMPIRE. Yuan Dynasty. 2 Kuan, 1264-1341. P-Unlisted. S/M#C167-1.

One of the Earliest Notes Available! (t) CHINA--EMPIRE. Yuan Dynasty. 2 Kuan, 1264-1341. P-Unlisted. S/M#C167-1. PMG Fine 12. Large vertical format printed on mulberry paper. 20 strings of cash coins at the center with a large red stamped seal over. Bank name, top center. Ornate bordering design and text at the lower center with an additional stamped seal. A note that predates the famous Ming Dynasty notes by nearly 100 years and, not surprisingly, is extremely rare in any state of preservation. While typical restorations are seen on this piece, it represents one of the more attractive notes from the Yuan dynasty we have offered to date. The Yuan dynasty (1271-1368), founded by Kublai Khan, marked the first time all of China was ruled by a Mongol dynasty, with its capital at Dadu (modern Beijing). The government retained many Chinese administrative practices while placing Mongols and other non-Han peoples in leading positions, and the period was notable for active trade across Asia under the wider Mongol Empire. The dynasty made extensive use of paper money (jiaochao), issuing state-backed notes intended for circulation throughout its territories, but repeated overissue led to inflation and financial strain prior to the dynasty’s fall to the Ming in 1368. An important opportunity to acquire an extremely rare early note. PMG Comments "Restoration." Estimate: $7,000 - $10,000. 市場可得之最早期紙鈔之一至元通行寶鈔貳貫。大型豎式，桑皮紙印製。中央印有二十串銅錢圖案，上蓋大型紅印。頂部中央印有發行機構名稱。下方中央飾以華麗邊框與文字，並加蓋另一印章。本品早於著名之明代紙鈔近百年，無庸置疑，此版不論保存狀態如何，皆屬極度罕見。縱見典型修復痕跡，仍屬迄今呈獻最具魅力之元代紙鈔之一。元朝（1271-1368）乃忽必烈所建，定都大都（今北京），開創蒙古王朝統治全中國之先河。朝廷保留諸多中原行政制度，同時擢用蒙古人及其他非漢族人居於要職。其時蒙古帝國版圖遼闊，亞洲各地貿易繁盛。元代廣泛使用紙幣（交鈔），發行由國家擔保、流通於境內之紙鈔，然屢次超額發行引發通脹與財政壓力，最終於1368年遭明朝推翻。此乃羅致極罕早期紙鈔之絕佳良機。PMG備註"修復"。 (t) This lot was manufactured in China (including Hong Kong), Russia or Republic of Belarus and was sourced from outside the United States for this auction after tariffs were enacted by the United States. Accordingly, as of February 27, 2026, any client who wishes to take delivery of this item within the United States will be subject to a 7.5% import tariff for China manufactured items, and a 35% import tariff for Russia or Belarus manufactured items. In addition a processing fee of 0.3464% (minimum $33.58 / maximum $651.50) will apply. Please note, this is not, and is not intended to be, a complete description of the applicable import tariffs and buyer remains fully liable for and agrees to promptly pay all tariffs and fees relating to the import of these items into the United States and neither the auctioneer nor any consignor will have any responsibility to pay any applicable tariffs or fees. Please consult your tax adviser with any questions. Furthermore, any lots subject to an import tariff will be shipped directly from our Hong Kong offices and shipments to the United States will be subject to our international shipping chart.

Estimate:$3,500

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