| REF. NO. | DENOMINATION | DESCRIPTION | NO.ISSUED | CONDITION | VALUE |
|---|---|---|---|---|---|
 Image courtesy of Boone Auctions |
|||||
| 101 | 500 francs | red and black, with coupons | 40,000 3 known |
VF | £3000-4000 |
China: 1919 7% Lung Tsing U Hai Railway Treasury Notes
Authorised 20,000,000 francs. Exchanged for bonds of the 1925 8% Lung Tsing U Hai Railway Treasury Notes at the rate of 16 old for 17 of the new bonds. See 1925 listing.
1919