Monday, July 22, 2013

Beware of Fraudulent Chinese Liberty Bonds

Unfortunately there are inferior copies and fraudulent examples of Chinese Liberty bonds. Crude copies and fabrications of the $10,000 exist as well as fantasy pieces of $500,000 and $1,000,000. These high denominations are rather foolish, yet fairly well executed. Of course, they have no value.

There are also 1912 fantasy pieces which read “Certificate of Deposit LIBERTY BOND – THE HONKONG AND SHANGHAI BANKING CORPORATION – This certifies that there have been deposited in the treasury of the REPUBLIC OF CHINA – 1,500 METRIC TONS OF A.U. METAL 999.5 – DATE OF ISSUANCE OCTOBER 12, 1912” These orange, green, and red printed documents were printed in the Philippines for the sole purpose of committing fraud. They are not valid in any way and are not copies of legitimate financial instruments. These should be avoided at all cost. It is truly bazaar that there has been active demand for such nonsense.

It should always be stressed that we sell these bonds for their historical, graphic, and collectible merits only. We always make it clear (though these bonds are uncancelled) that all Chinese bonds are not negotiable. On the other hand, these are the very same bonds that are so sought after and popular. There is absolutely no difference. We sell all these Chinese bonds with accompanying PASS-CO authentications.

For more information visit our web site,, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
A foreign antique stock and bond company.

*Source: Historic Foreign Bonds of China by John M. Thomson (2012)

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