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Lot 145: C.D.F. LUNG-TSING-U-HAI
October 29, 2016
Brussels, BelgiumLive Auction
Description: 1 July 1921 BRUXELLES. 8% Bon de F500, unnumbered. Cat. KUL 600 RS-2. black, green, red. #100000. This is the rare unissued type of this otherwise common bond. In 1920 an agreement between the Chinese Government, the Cie. Gle. de Chemins de Fer & des Tramways en Chine, and a Netherlands syndicate, agreed a BF50 million loan to China to complete the line, from Kwanyintang to Haichow, on the Yellow Sea, and to build a port at Haichow. Only 250 such reserve stocks (with 2 coupons missing) are estimated to have existed according to Kuhlmann. In perfect condition.
Condition Report: EF