CHINA--FOREIGN BANKS. International Banking Corporation. $100, 1.1.1905. P-S422s.(S/M#M10-5) Specimen. Shanghai branch. An important highest denomination note for this Dollar Issue 1905 series from Shanghai. Showing in a very large format with brilliant blue inks making up the primary design. Vignette of eagle and globes at left with large guilloche at right center with denomination. Seen with signature at right and with specimen overprints within signature panels and punch cancels. Great technical quality throughout and with large even borders. This note is one of only two PMG has graded at this level with none finer. The last we handled was a PMG Choice Uncirculated 64 EPQ note which brought $6,572.00 as lot 24425 in our April 2012 Hong Kong auctions. This bright Gem note should easily eclipse that realization.PMG Gem Uncirculated 66 EPQ
