(t) CHINA--FOREIGN BANKS. Mercantile Bank of India Limited. 1 Dollar

(t) CHINA--FOREIGN BANKS. Mercantile Bank of India Limited. 1 Dollar, 1.7.1924. P-S446. S/M#S54-2. PMG Choice Fine 15. Shanghai. Black on yellow-green and pink, sailing sampan and pagoda at the centre, '1' at each corner, reverse orange-red and black, Mercury with a winged helmet at the centre. An iconic Shanghai Mercantile Bank banknote. PMG Comments "Repaired, Minor Rust." Estimate: $500 - $800. Provenance: From the Yang Ai Hao Collection. 1924年上海有利銀行壹圓。 上海地名。黃綠與粉色底紋印黑墨，中央為行駛中之帆船舢舨與古塔，四角印"1"字；背面呈橙紅與黑色，中央為頭戴翼盔之墨丘利神。有利銀行極具代表性之標誌性版別。PMG備註"經修補，輕微鏽漬"。 (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:$1

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