£60 - £100
China: 1914 5% Gold 'Industrial' Loan, an unissued bond for 500 francs from the reserve stock, large format, vignettes of railways, station and bridge, brown, yellow underprint, with all coupons from 1934, not numbered, together with an issued certificate, #028937. The printers imprint shows a different address on each piece. The first EF, the latter GVF (2).
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