Mavin Auction 19

385: India 50 Rupees Calcutta ND 1930 KGV EF-GEF

521: Malaysia $50 2000 11th series B64 error EF

Done

Singapore, Singapore

Auction Details

Mavin Auction 19

Mavin International Pte Ltd

Mavin International is the Auctioneer appointed by the Monetary Authority of Singapore (MAS). Mavin Auction 19 will be held over 2 days at the Concorde Hotel Singapore. Session 1 consisting of world banknotes is on Friday 7 November 2008 (6 Nov PST). The Session will start at 9.30am Singapore time. Session 2 on Saturday 8 November 2008 (7 Nov PST) features Singapore banknotes sold on behalf of MAS starting at 9.30am. This will be followed by world coins at 2.00pm. Our lots are, as usual, strictly graded. There will be something for both beginner and advanced collectors with lots ranging from less than $20 to thousands of dollars. The Buyer's Premium for lots sold on eBay and LiveAuctioneers is 20% Enlarged images of lots and the entire catalog may be viewed on our website. Session Start Times: Session 1 - Banknotes 7 November 9:30am (6 November 18:30 PST) Lots 1 - 304 Session 1 - Banknotes 7 November 14:00pm (6 November 23:00 PST) Lots 305 - 615 Session 2 - Banknotes 8 November 9:30am (7 November 18:30 PST) Lots 616 - 879 Session 2 - Coins 8 November 14:00pm (7 November 23:00 PST) Lots 901 - 1226 Please note that Bidders will NOT be able to place any absentee bid from about half an hour before the start of that particular session (ie. 9:00am Singapore time or 18:00 PST). Interested bidders are advised to sign up and place absentee bids well in advance of the session start times. After the Session has started, bids can only be made live by following the auction on Live Auction.

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China 5000 Yuan 1949 P851 AU: China 5000 Yuan 1949 P851 AUChina Peoples Bank of China, 5000 Yuan, 1949, (P.851), block , serial no. 7530424, ageing, about uncirculated. Enlarged images and the entire catalog may be viewed

0242: China 5000 Yuan 1949 P851 AUEst. $900-$1,000Lot Passed

China 5000 Y 1949 obv rev uniface Specs: China 5000 Y 1949 obv rev uniface SpecsChina Peoples Bank of China, 5000 Yuan, 1949, obv. and rev. uniface Specimens, (cf.P.851), block , serial no. 0000000, both with same rev. no. 0043560, stains

0243: China 5000 Y 1949 obv rev uniface SpecsEst. $500-$700Lot Passed

China 5000Y 1949 obv rev uniface Specs AU: China 5000Y 1949 obv rev uniface Specs AUChina Peoples Bank of China, 5000 Yuan, 1949, obv. and rev. uniface Specimens, (cf.P.851), serial no. 0000000, both with same rev. no. 0029898, the rev. note

0244: China 5000Y 1949 obv rev uniface Specs AUEst. $180-$250Lot Passed

China 5000 Yuan 1949 P852 GEF: China 5000 Yuan 1949 P852 GEFChina Peoples Bank of China, 5000 Yuan, 1949, (P.852), block , serial no. 96722630, good extremely fine. Enlarged images and the entire catalog may be viewed

0245: China 5000 Yuan 1949 P852 GEFEst. $600-$700Lot Passed

China 5000Y 1949 obv & rev uniface Specs UNC: China 5000Y 1949 obv & rev uniface Specs UNCChina Peoples Bank of China, 5000 Yuan, 1949, obv. and rev. uniface Specimens, (cf.P.852), block , serial no. 00000000, both with same rev. no. 00081492,

0246: China 5000Y 1949 obv & rev uniface Specs UNCEst. $500-$600Lot Passed

0247: China 5000Y 1949 obv rev uniface SpecsEst. $180-$250Lot Passed

Sold

China 10000 Yuan 1949 P853 UNC: China 10000 Yuan 1949 P853 UNCChina Peoples Bank of China, 10000 Yuan, 1949, (P.853), block , serial no. 16918430, uncirculated. Enlarged images and the entire catalog may be viewed online.

0248: China 10000 Yuan 1949 P853 UNCEst. $300-$360

China 10000Y 1949 obv & rev uniface Spec GEF: China 10000Y 1949 obv & rev uniface Spec GEFChina Peoples Bank of China, 10000 Yuan, 1949, obv. and rev. uniface Specimens, (cf.P.853), block , serial no. 00000000, both same rev. no. 00055931,

0249: China 10000Y 1949 obv & rev uniface Spec GEFEst. $300-$360Lot Passed

Sold

China 10000Y 1949 obv & rev uniface Specs AU: China 10000Y 1949 obv & rev uniface Specs AUChina Peoples Bank of China, 10000 Yuan, 1949, obv. and rev. uniface Specimens, (cf.P.853), serial no. 00000000, both rev. no. 00036196, ageing , about

0250: China 10000Y 1949 obv & rev uniface Specs AUEst. $250-$300

China 10000 Yuan 1949 P854 VF: China 10000 Yuan 1949 P854 VFChina Peoples Bank of China, 10000 Yuan, 1949, (P.854), block , serial no. 35176746, foxing, very fine. Enlarged images and the entire catalog may be viewed

0251: China 10000 Yuan 1949 P854 VFEst. $200-$250Lot Passed

0252: China 10000Y 1949 obv & rev uniface Specs AUEst. $300-$360Lot Passed

China 10000Y 1949 obv rev uniface Spec: China 10000Y 1949 obv rev uniface SpecChina Peoples Bank of China, 10000 Yuan, 1949, obv. and rev. uniface Specimens, (cf.P.854), block , serial no. 00000000, both with same rev. no. 12839, foxing,

0253: China 10000Y 1949 obv rev uniface SpecEst. $600-$700Lot Passed

China 10000Y 1949 obv & rev uniface Specs: China 10000Y 1949 obv & rev uniface SpecsChina Peoples Bank of China, 10000 Yuan, 1949, obv. (cropped) and rev. uniface Specimens, (cf.P.854), serial no. 00000000, both rev. no. 08410, ageing, good

0254: China 10000Y 1949 obv & rev uniface SpecsEst. $250-$300Lot Passed

China 50000 Yuan 1950 P855 GVF-AEF: China 50000 Yuan 1950 P855 GVF-AEFChina Peoples Bank of China, 50000 Yuan, 1950, (P.855), block , serial no. 59391134, ageing, pressed, good very fine to about extremely fine. Enlarged images

0255: China 50000 Yuan 1950 P855 GVF-AEFEst. $4,000-$5,000Lot Passed

China 50000Y 1950 obv rev uniface Spec: China 50000Y 1950 obv rev uniface SpecChina Peoples Bank of China, 50000 Yuan, 1950, obv. and rev. uniface Specimens, (cf.P.855), block , serial no. 00000000, both with same rev. no. 00004268,

0256: China 50000Y 1950 obv rev uniface SpecEst. $1,500-$2,000Lot Passed

Sold

China 50000 Yuan 1950 P856 F: China 50000 Yuan 1950 P856 FChina Peoples Bank of China, 50000 Yuan, 1950, (P.856), serial no. 0894854, 2 small tears bottom margin, fine. Enlarged images and the entire catalog may be viewed

0257: China 50000 Yuan 1950 P856 FEst. $600-$700

China 50000 Yuan 1950 P856 GEF: China 50000 Yuan 1950 P856 GEFChina Peoples Bank of China, 50000 Yuan, 1950, (P.856), block , serial no. 7176192, foxing, good extremely fine. Enlarged images and the entire catalog may be

0258: China 50000 Yuan 1950 P856 GEFEst. $4,000-$5,000Lot Passed

Sold

China 50000 Yuan 1950 Specimens P856 EF: China 50000 Yuan 1950 Specimens P856 EFChina Peoples Bank of China, 50000 Yuan, 1950, Specimens, (cf.P.856), serial no. 0000000, a pair of obv. and rev. specimens glued together, the rev. specimen

0259: China 50000 Yuan 1950 Specimens P856 EFEst. $360-$400

China 50000Y 1950 obv rev uniface Spec: China 50000Y 1950 obv rev uniface SpecChina Peoples Bank of China, 50000 Yuan, 1950, obv. (cropped) and rev. uniface Specimens, (cf.P.856), block , serial no. 0000000, both with same rev. no. 04053,

0260: China 50000Y 1950 obv rev uniface SpecEst. $1,500-$2,000Lot Passed

China 1000 Yuan 1951 AU-UNC very rare: China 1000 Yuan 1951 AU-UNC very rareChina Peoples Bank of China, 1000 Yuan, 1951, (P.857Aa), block , serial no. 7105346, practically uncirculated, very rare. Enlarged images and the entire

0261: China 1000 Yuan 1951 AU-UNC very rareEst. $6,500-$8,000Lot Passed

Sold

China 5000Y 1951 obv & rev uniface Specs AU: China 5000Y 1951 obv & rev uniface Specs AUChina Peoples Bank of China, 5000 Yuan, 1951, obv. and rev. uniface Specimens, (P.857Cs), block , serial no. 0000000, both with same rev. no. 0004577,

0263: China 5000Y 1951 obv & rev uniface Specs AUEst. $1,400-$2,000

China 10000Y 1951 obv & rev uniface Spec GEF: China 10000Y 1951 obv & rev uniface Spec GEFChina Peoples Bank of China, 10000 Yuan, 1951, obv. and rev. uniface Specimens, (P.858s), block , serial no. 0000000, both with same rev. no. 0006173,

0264: China 10000Y 1951 obv & rev uniface Spec GEFEst. $4,000-$5,000Lot Passed

China 10000Y 1951 obv & rev Specs GEF-AU: China 10000Y 1951 obv & rev Specs GEF-AUChina Peoples Bank of China, 10000 Yuan, 1951, obv. and rev. uniface Specimens, (P.858s), serial no. 0000000, both with same rev. no. 0002599, good extremely

0265: China 10000Y 1951 obv & rev Specs GEF-AUEst. $3,000-$4,000Lot Passed

Sold

China 5000 Yuan 1953 P859a AU-UNC: China 5000 Yuan 1953 P859a AU-UNCChina Peoples Bank of China, 5000 Yuan, 1953, (P.859a), block , serial no. 7474283, ageing, practically uncirculated. Enlarged images and the entire catalog

0266: China 5000 Yuan 1953 P859a AU-UNCEst. $600-$700

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Auction Details

Mavin International Pte Ltd

Singapore , Singapore

4.5

62 Reviews

1,099 Followers

Bid Increments

PriceBid Increment

$0$2

$49$5

$99$10

$299$20

$999$50

$1,999$100

$4,999$200

$9,999$500

$19,999$1,000

$49,999$2,000

$99,999$5,000

$199,999$10,000

Preview

Public Preview: 10.30am - 6.00pm, 4 to 6 November 2008, at Mavin's Office. Private preview by appointment only from 13 October 2008. Enlarge images may be viewed on our website.

Singapore, 228773

Singapore

Buyer's Premium

Terms & Conditions

The conditions of Sale set out below are the terms on which Mavin International Pte Ltd, as auctioneers, enter into agreements with Buyers. Any variation of these Conditions shall be binding on Mavin only if it is made in writing and signed by a duly authorized officer of Mavin. 1. Definitions In these Conditions: "Buyer" means the person with the highest bid accepted by the auctioneer; "Buyer's Premium" means the charge payable by the Buyer as a percentage of the Hammer Price, at the rates set out in Clause 5(b); "Forgery", means an item that is (a) made or substantially made with an intention to deceive as to authorship, origin, date, age, period, culture or source, (b) not shown to be such or possibly such in the description applied to it at the time of sale or in the catalogue, and (c) at that time it had a value materially less than it would have had if it had been in accordance with the correct description; accordingly, no item is capable of being Forgery solely by reason of any damage and/or restoration work of any kind including repainting, re-enamelling or re-plating; "Hammer Price" means the amount of the highest bid accepted by the auctioneer in relation to a Lot; "Lot" means any item consigned to Mavin for sale by auction and includes the item described against any Lot number in a catalogue; "Mavin" means Mavin International Pte Ltd. "Purchase Price" means the Hammer Price plus the Buyer's Premium and GST; "Reserve Price" means the amount below which Mavin has agreed with the Seller that the Lot cannot be sold; "Seller" means any person who consigns any item to Mavin for sale by auction. 2. Mavin as Agent All sales are made by Mavin as agents on behalf of the Seller. The contract is between the Buyer and the Seller. Notwithstanding this, Mavin is not obiged to disclose to the Buyer the indentity of the Seller. 3. The Buyer (a) The highest bidder for each Lot shall be the Buyer thereof. In the event of a dispute the auctioneer shall have absolute discretion to determine the dispute, including but not limited to re-offering the disputed Lot for sale. (b) All Buyers must register with Mavin before bidding. Only registered bidders will be allowed to bid for any Lot. References, if required by Mavin, must be provided before the Auction. (c) The Buyer of any Lot shall, if requested, immediately furnish to Mavin: (i) bank or other credit facilities; and/or (ii) pay the full Purchase Price, or a fractional deposit, as may be determined by Mavin. (d) When making any bid, the Buyer acknowledges that he is doing so as principal. Buyers accepting commissions from other parties do so at their own risk and will remain liable to Mavin for full settlement according to these Conditions. 4. The Auctioneer (a) The auctioneer will have absolute discretion to divide any Lot, to combine any two or more Lots, or to withdraw any Lot from the auction without giving any reason. (b) the bidding shall be regulated at the absolute discretion of the auctioneer. The auctioneer has the right to refuse any bid. (c) The auctioneer acts solely as an agent and shall not be responsible for any default by either the Buyer or the Seller or for any action or claim which may arise in respect of any Lot. 5. The Lot (a) All Lots are offered for sale subject to any Reserve Price that may be put by the Seller. (b) All Lots sold through floor bidding or written commission bids are subject to a Buyer's Premium of 15%. All Lots sold online through the saleroom.com, eBay or any other online auction service provider are subject to a Buyer's Premium pf 20%. (c) Lots are sold as shown with all faults, imperfections and errors of descriptions and lack of authenticity. Neither Mavin nor the Seller shall give any warranty to any Buyer in respect of any Lot or be liable for any fault or error of description or lack of genuineness or authenticity of any Lot. (d) All statements as to Lots sold, whether made in catalogues, during the course of the auction or otherwise, are statements of opinion only and are not and shall not be taken to be statements or representations of fact or warranties of any kind. (e) Mavin reserves the right in forming their opinion to consult and rely upon any expert or authority considered by them to be reliable. (f) Notwithstanding the foregoing, if any Lot should be proved by the Buyer to be a Forgery, or to have been wrongly described in any material respect, Mavin will rescind the sale and refund the Purchase Price at the request of the Buyer provided that he shall have given notice of his intentiion to do so within 7 days and shall have returned the same to Mavin within 14 days from, and in its original, sealed and unopened container as at, the date of the auction. Proof of the inability of any expert to form a definite opinion shall not discharge the Buyer's onus of proving that a Lot is a Forgery. (g) The benefit of the foregoing is not capable of being transferred, and is solely for the benefit of the original Buyer to whom the original invoice was made out by Mavin in respect of the Lot and who, since the sale, has remained owner of the Lot without disposing of any interest to any third party. (h) Regardless of whether the Lot has been wrongly described in any material respect, no Lot may be returned under sub-clause(f) by Buyers who have examined the Lot before the auction or by floor bidders unless the same has been proven to be a Forgery. (i) The Buyer's sole remedy is rescission of the sale and refund of the Purchase Price. Under no circumstance will Mavin or the Seller be liable for any costs, expenses or damages incurred by the Buyer in respect of any Lot, including, but not limited to, loss of any kind of profit whatsoever. (j) No Lot may be returned after 14 days of the auction. (k) In the case of overseas absentee bidders, the time limits for giving notice to Mavin and returning the Lot is extended by a further 7 days. 6. The Bid (a) By making a bid the Buyer acknowledges his acceptance of these Conditions and he shall by bound by them. (b) Purely as a convenience to clients, bidding commissions for anyone unable to attend the auction in person may be carried out by the auctioneer without charge. "Buy" commissions will not be accepted. (c) Bids must be in writing and signed. (d) Mavin shall not be liable for errors or omissions in executing any bidding commissions. (e) Where two absentee bidders bid indentical sums for the same Lot, the first bid received shall take precedence. (f) In order to give priority to an absentee bid, Mavin may at its absolute discretion increase an absentee bid by two or more increments instead of the usual one increment. (g) Requests for telephone bidding may be accepted or declined at Mavin's absolute discretion. Mavin may at its discretion require a person who requests telephone bidding to make a firm bid that is at least equal to the high estimate on the Lots that he requests for telephone bidding. 7. After the Auction (a) Each Lot shall be at the Buyer's risk from the fall of the hammer. However, title does not pass to the Buyer until payment of the Purchase Price in cleared funds is received in full by Mavin. (b) Buyers must satisfy themselves as to the accuracy of their purchases at the time of the delivery. Mavin cannot be held responsible for any discrepancy which might be discovered after the Lots has been removed. (c) Mavin will not be responsible for the safe custody of any Lot left for more that 7 days after the date of the auction. Mavin reserves the right to charge storage and to resell by auction or privately, without notice to the Buyer, any Lot not so removed from their premises within fourteen (14) days from the date of the auction. (d) No Lot may be returned without the consent of Mavin. (e) Lots purchased by absentee bidders will be forwarded at the risk of the Buyer who shall bear all costs incurred. Unless otherwise instructed by the Buyer, Mavin shall have full discretion in choosing the shipment method. It shall be the responsibility of the Buyer to provide Mavin with all relevant customs information. 8. Good and Services Tax (a) GST at the prevailing rate is always payable by the Buyer on the Buyer's Premium. (b) Lots marked with † in the catalogue are liable to GST on the Hammer Price. GST will therefore be added to the Hammer Price. The Buyer's Premium will be on the Hammer Price but not the GST. (c) Lots marked ‡ with in the catalogue are inclusive of GST in the Hammer Price. The Buyer's Premium will be based on the Hammer Price inclusive of the GST. (d) At the time of the printing of the catalogue, the prevailing GST rate is 7%. 9. Payment Terms (a) No Lot may be collected or delivered until Mavin has received the Purchase Price in full. (b) Any part of the Purchase Price left outstanding after the auction shall be paid in full, and in cleared funds, within 7 days of the date of the auction. (c) At least thirty (30) days must be allowed for the clearance of personal cheques before delivery can be made, unless prior arrangements have been made with Mavin. (d) Late payment for any reason is just cause for revocation of all return privileges. (e) Without prejudice to any other rights, Mavin reserves the right to charge interest on any overdue payment at the rate of 1.5% per month. (f) Payment by credit card shall not be accepted. (g) Acceptance of payment by online methods shall be at the discretion of Mavin and Mavin may impose a surcharge on such payments to cover fully administrative costs and any other service fees charged by the online payment service provider. (h) All bank charges in wire transfers shall be borne by the Buyer. 10. Remedies against the Buyer (a) If any Buyer fails to comply with any of these Conditions, the Lot in respect of which the failure is made may, at the discretion of Mavin, be put up again and resold. (b) The damages recoverable from the defaulting Buyer shall include, but not limited to, Mavin's expenses and commission in respect of the resale and the amount (if any) by which the price obtained on the resale is exceeded by that obtained on the first sale. 11. Copyright The copyright in all images, illustrations and written material relating to any Lot is and remains at all times the property of Mavin and shall not be used by the Buyer nor anyone else without Mavin's prior written consent. 12. Law and Jurisdiction These Conditions of Business shall be governed by and construed in accordance with Singapore law and the Buyer irrevocably agrees to submit at Mavin's option to the jurisdiction of the Singapore Courts. This shall not limit Mavin's right to take proceedings in any other jurisdiction.

Taxes

Local taxes apply to lots delivered in Singapore