Chinese Reorganization Gold Loan of 1913

Chinese Reorganization Gold Loan of 1913

In our 34 years of specializing in collectibles stocks and bonds, we have had the good fortune of buying and selling many historic and especially graphic bonds. The Reorganization bonds truly stand out for so many reasons. We are proud to offer the largest inventory of these bonds available today. Over 4,700 pieces of both the 20 Pound and 100 Pound denominations.

1. Superb Graphics including 3 exceptional vignettes.
2. Outstanding quality engraved printing by Waterlow & Sons, London
3. Rich in History.
4. Great colors of Green, Brown, and Blue.
5. International appeal as England, France, Germany, Russia, and Japan were all involved.
6. Text in 4 languages.
7. 4 Denominations.
8. Extensive details at back related to quantities issued, etc.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

£20 Government of the Province of Petchili - Part 2

The following brief history is from “Historic Foreign Bonds of China” published in 2012 by John M. Thomson.
The loan was, “Created by virtue of a resolution of the Assembly of the Province of Petchili. By agreement entered into on the 27th January 1913, the Government of the Chinese Republic has sanctioned the above mentioned resolution by guaranteeing absolutely and unconditionally the punctual payment of principal and interest of the present loan”.

The participating financial institution was the Banque de Reports, de Fonds Publics et de Depots. Bearer bonds were floated in both Brussels and Antwerp.

The purpose of the loan was for public works and improvements to be executed in the Province of Petchili. The loan was secured upon a first mortgage on taxes collected and raised by the Province of Petchili on wine and tobacco yields with an additional guarantee from the central government of the Republic of China. Coupons were payable on 1st February and 1st August each year.

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 uncanceled) 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, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.


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

£20 Government of the Province of Petchili - Part 1

We have had the pleasure of buying and selling several thousand pieces of Chinese bonds of many types. In this period of over 34 years, we have never seen demand to equal that of the “Petchili” bonds. The degree of enthusiasm related to the speculation of these bonds is truly unprecedented.

It should be made very clear that only the £20 denomination was issued and this should not be confused with the Capitalization of £500,000 Sterling. This lofty amount is simply the total face value of the entire issue of 25,000 bonds.

There was only one type of Petchili and so it should not be confused with other Chinese bonds. There has been a rash of requests for “Super Petchili’s”. It appears that this nickname has been given to the Government of the Chinese Republic 5% Gold Loan of 1913 for the Lung-Tsing-U-Hai Railway, Capitalization of £10 Million.
Petchili’s are now very rare as few pieces enter the marketplace. Prices have risen steadily over the past year and demand is strong.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.


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

China’s External Loan Bonds

Tientsin-Pukow Railway Loan of 1910 - Deutsch-Asiatische Bank - Berlin Issue, 5%, Capitalization 5 Million Pounds Sterling, £100.
PRICE ON REQUEST
Condition: Excellent

Country: China
Year: 1910

Nearly all the bonds that we sell are External Loan Bonds which the Chinese Government negotiated with foreigners. The various bonds that we deal with are of particular interest to collectors for several reasons as follows:

Language: The language of the text on the bond certificates relating to external loans is at least partially in a western language. This allows a small insight into events that took place in China and provides a documentary record of those events. By contrast, the bond certificates from internal loans were usually written in Chinese characters and it is difficult for a foreigner to translate and understand the text.

Historical Appeal: China bonds have an inherent historical appeal as some of the loans were related to very specific historical incidents or political situations that occurred in China.

Aesthetic Appeal: Many China bonds are attractive documents which are aesthetically pleasing, larger and more ornate than most other foreign bonds coupled with quality printing makes them almost “works of art”.

Collection Range: There were a limited number of Chinese external loans and most are affordable. The possibility of forming a complete collection is quite possible.

Redemption Hope: Some investors hope that China bonds relating to loans which are in default by trhe Chinese Government, might at some time in the future be redeemed with re-payment of principal and with substantial compensation for lost interest.

In the unlikely event that the current Chinese Government did decide to honor the outstanding debts from the previous Chinese administrations of the turbulent period during the early part of the last century, then the unredeemed bearer bonds may have substantial value.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.


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

Anglo-German Chinese Imperial Government Gold Loan of 1898

Chinese Imperial Government Gold Loan of 1898, 4 1/2%, Capitalization 16 Million Pounds, £100.
PRICE ON REQUEST
Condition: Excellent

Country: China
Year: 1898

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

Chinese Bonds - Part 1

It is fair to say that many of our favorite foreign bonds are the Chinese bonds dating from the late 19th Century to the 1940’s. They are appealing for their fascinating history as well as their impressive graphics. Of course, there has also been much speculation in these bonds due to the hope or anticipation that China would someday pay these old debts.

There is no question that prices have risen rather dramatically and excitement in this field has grown. The Chinese have become more and more interested in their heritage in the form of coins, paper money, and recently in stocks and bonds. Such new interest as well as other speculation is likely to cause prices to escalate further.

We now have a very large inventory of Chinese bonds of the most popular types including the following . . .

China-Belgian Issue, 1921, Green-Red, 500 Belgian Francs (equivalent of £20), 8% Bond.
Uncancelled. No coupons
PRICE UPON REQUEST

Country: China
Years: 1920-21

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

$10 29th Year Reconstruction Gold Loan of the Republic of China

$10 29th Year Reconstruction Gold Loan of the Republic of China

$10 5% United States Dollar Uncancelled Bond. At least 44 coupons of 54 present.

PRICE UPON REQUEST
Condition: Excellent

Country: China
Year: 1940 

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

£20 Government of the Province of Petchili

£20 Government of the Province of Petchili. 

Republic of China Bond. Government of the Province of Petchili of £500,000 Sterling, 5 1/2% Gold Loan of 1913.

Bond for £20 to Bearer. PASS-CO authenticated.

PRICE ON REQUEST
Condition: Excellent

Country: China
Year: 1913

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

$10 27th Year Gold Loan of the Republic of China

$10 27th Year Gold Loan of the Republic of China. $10 United States Dollar Bond

PRICE UPON REQUEST
Condition: Excellent

Country: China
Year: 1938

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

$5 27th Year Gold Loan of the Republic of China

$5 27th Year Gold Loan of the Republic of China. $5 United States Dollar Bond.

PRICE UPON REQUEST
Condition: Excellent

Country: China
Year: 1938  

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

Chinese Government Gold Loan of 1912 known as the "Crisp Loan" Rare £500.

£500, 5% Uncancelled Gold Bond. This issue is known as the "Crisp Loan". 28 Coupons remain. Very Rare and in great demand. PRICE ON REQUEST.

Country: China
Year: 1912
Condition: Excellent

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Old Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.

History of The Chinese Reorganization Gold Loan of 1913 - Part Six

The above information and photo about the 1913 - 5% Reorganisation Gold Loan is reprinted with the permission of author John Thomson and is taken from his brand new book Historic Foreign Bonds of China.

To view and/or purchase our collection of Chinese Reorganization Gold Loan of 1913 visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Old Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com
A foreign antique stock and bond company.