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CC018 Very rare China 1920 2 Proof American Oriental Bank of Szechuan PMG MS64
$ 5278.94
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Description
CC018 Very rare China 1920 2 Proof American Oriental Bank of Szechuan(chungking) P-110p SMS101-1 PMG MS64. PMG only grade 2 proof notes which are offered in here. This bank only existed for couple years.History of this Bank:
The American Oriental Banking Corporation, was the largest of all of the American banks in China. They became incorporated in 1917 and opened four branches; The American Oriental Bank of Shanghai (ca. 1917-35), The American Oriental Bank of Fukien (1922-35), The American Oriental Bank of Szechuan (1921-32) and The American Oriental Bank of Tientsin (ca. 1924-35); but by 1935 all of four branches were either bought out by their Chinese investors as in the case of the Szechuan branch or closed due to China's departure from the silver standard which caused their foreign exchange business to fail terribly.
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