民国后期银锭。(t) CHINA. China - French Indo-China. Kouang-Tcheou-Wan. Fort Bayard. Silver Ingot, ND (ca. 1912-46). Graded EF-45 by Zhong Qian Ping Ji Grading Company.重870.9克。 三戳分镌：SING SANG OR PURE、SING SANG ARGENT PURE、K.T.W. FORT BAYARD。此枚银锭出自法属广州湾租借地，相当珍罕。该租借地仿香港模式，于1898年租予法兰西帝国，为期99年，由法属印度支那管辖，首府为白雅特城（Fort Bayard），即今湛江。二战期间为日军佔领，战后法国归还租借地予中华民国，广州湾回归中国。此锭形制与安南银条相似，戳记风格亦类同于片状银币。三戳中两戳深峻，币面残存极古老墨书，标注克数重量。底部另见旧日币商标籤及价格标籤。此类银锭前所未见，亦无交易纪录可寻，极具研究价值。 XRF分析显示，此银锭合金略有不纯，含银约95%，另含微量铜、铟、镉、铑。<font size=-8>(t) (t) This lot was manufactured in China (including Hong Kong), Russia or Republic of Belarus and was sourced from outside the United States for this auction after tariffs were enacted by the United States. Accordingly, as of February 27, 2026, any client who wishes to take delivery of this item within the United States will be subject to a 7.5% import tariff for China manufactured items, and a 35% import tariff for Russia or Belarus manufactured items. In addition a processing fee of 0.3464% (minimum $33.58 / maximum $651.50) will apply. Please note, this is not, and is not intended to be, a complete description of the applicable import tariffs and buyer remains fully liable for and agrees to promptly pay all tariffs and fees relating to the import of these items into the United States and neither the auctioneer nor any consignor will have any responsibility to pay any applicable tariffs or fees. Please consult your tax adviser with any questions. Furthermore, any lots subject to an import tariff will be shipped directly from our Hong Kong offices and shipments to the United States will be subject to our international shipping chart.Weight: 870.9 gms. Lang style ingot with three stamps reading: SING SANG OR PURE SING SANG ARGENT PURE K.T.W. FORT BAYARD. A rather RARE ingot arising from the French Indo-China concession in Guangzhouwan. This leased territory was given to the French Empire under a similar lease system to the British Hong Kong, being leased to France for a period of 99 Years starting in 1898. Administered under the authority of French Indo-China, with the capital at Fort Bayard, modern Zhanjiang. Occupied by the Japanese during the Second World War, Guangzhouwan reverted to Chinese control after the War, when the French ceded their concession back to the Republic of China. The ingot is similar to Annamese Lang bars in manufacture, with similar style stamps to those seen on waifer money. Two of the three stamps are bold, and some very old ink is seek notating the weight in grams. Also of note are some old dealer stickers and price tags on the bottom of the bar. An intriguing type which we have never encountered before, and one we can find no record of trading. XRF analysis suggests a slightly impure alloy of roughly 95% silver, with trace elements of copper, indium, cadmium, and rhodium. </em>
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