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Antiques! => Antique Questions Forum => Topic started by: jerryk on April 26, 2014, 06:52:06 PM

Title: Chinese bank bond 1913 waterlow & sons
Post by: jerryk on April 26, 2014, 06:52:06 PM: Hi all!

I was wondering if anyone can give me some insight to the bond. I came across this today and was very curious. I have seen them at auction but was wondering on this particular one. any info would be so helpful and if any or no value.

25,000,000 sterling , or marks 511,250,000, schuldverschreibung uber 409 mark
Title: Re: Chinese bank bond 1913 waterlow & sons
Post by: mart on April 26, 2014, 08:29:34 PM: What does the tiny print say below the red mark ?? Are you sure this isn`t a copy ?? Why would anyone frame a 5% Gold loan bank bond ?? There was another similar either coming up for sale or sold at auction !!
Title: Re: Chinese bank bond 1913 waterlow & sons
Post by: jerryk on April 26, 2014, 09:55:26 PM: hi, Positive its not a copy, below the red marking it says wateflow and sons, i took it around town and also to a printer who was pretty impressed as to how i found this and the condition. The other two markings say eight shilinca i think . the other looks to say 30.7.20
Title: Re: Chinese bank bond 1913 waterlow & sons
Post by: mart on April 27, 2014, 11:33:48 AM: Where did you find it ?? Still seems odd to me that anything backed by gold would wind up in a frame hanging on someones wall !! Hope you understand what I mean !! Its just not what someone would normally do !!
Title: Re: Chinese bank bond 1913 waterlow & sons
Post by: mart on April 27, 2014, 11:55:50 AM: http://www.ebay.com/itm/Chinese-Government-5-Gold-Loan-20-Pound-Sterling-1913-uncanc-coupon-sheet/390822126117?_trksid=p2047675.c100011.m1850&_trkparms=aid%3D222006%26algo%3DSIC.FITP%26ao%3D1%26asc%3D22466%26meid%3D6504519655156474189%26pid%3D100011%26prg%3D9735%26rk%3D4%26rkt%3D10%26sd%3D321350456391

Found several for sale,, this one is on ebay !! All the others were between $150. and $200. Not sure what the coupons were for !! And these were uncancelled bonds !!
Title: Re: Chinese bank bond 1913 waterlow & sons
Post by: Rauville on April 27, 2014, 12:07:00 PM: Quote from: mart on April 27, 2014, 11:33:48 AM
Where did you find it ?? Still seems odd to me that anything backed by gold would wind up in a frame hanging on someones wall !! Hope you understand what I mean !! Its just not what someone would normally do !!

I think that's why they are called "Wallpaper Bonds". There has been a movement for years to get China to acknowledge their obligation to bonds that were defaulted on.
http://americanbondholdersfoundation.com/ (http://americanbondholdersfoundation.com/)
Title: Re: Chinese bank bond 1913 waterlow & sons
Post by: mart on April 27, 2014, 12:15:52 PM: Ok !! Well that explains it !! But at least a few are selling !!
Title: Re: Chinese bank bond 1913 waterlow & sons
Post by: jerryk on April 27, 2014, 02:46:44 PM: Thanks all, to answer this was found at some thrift store just sitting there,. I was not going to buy it but really enjoyed the way it looked framed. Thinking that maybe i should check it, can this perhaps be some fake? i opened the frame and on the back found the coupons. I did see that ebay listing and not all that bad for a 10.00 dollar find.
Title: Re: Chinese bank bond 1913 waterlow & sons
Post by: mart on April 27, 2014, 03:17:34 PM: I would say you did well !! Nice find !!
Title: Re: Chinese bank bond 1913 waterlow & sons
Post by: Ipcress on April 28, 2014, 08:13:31 AM: Plenty of copies about. Remove it from the frame, check for the coupons and watermarks

Like the look of the stamps on yours though.
Title: Re: Chinese bank bond 1913 waterlow & sons
Post by: jerryk on April 29, 2014, 11:08:36 AM: I removed it from the frame coupons were there