Skip to main content
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
  • Instagram
  • Pinterest
08 6468 2467
Sterling & Currency logo

Sterling & Currency

Related Products
Related Articles
  • Shop
    • Coins
      • Andrew's Picks
      • Bulk And Junk Lots
      • Shipwreck Coins
      • Recent Acquisitions
      • Ancient Coins
    • Coins
      • Proclamation and Colonial Coins
      • English and British Coins
      • Australian Gold Sovereigns
      • Australian Gold Half Sovereigns
      • Pre-decimal Specimen Pattern and Proof coins
    • Coins
      • Pre-Decimal (Commonwealth) Coins
      • Decimal Coins (RAM)
      • Decimal Coins (Circulation)
      • Decimal Coins (Perth Mint)
      • World Coins
    • Banknotes
      • NPA Note Folders
      • Pre-Federation Banknotes
      • Pre-Decimal Banknotes
      • Paper Decimal Banknotes
      • Polymer Decimal Banknotes
      • World Banknotes
      • Books and Accessories
    • Bullion and Nuggets
      • Bullion Coins & Bars
    • Tokens Medals and Medallions
      • Tokens
      • Medallions
  • Coins
    • Andrew's Picks
    • Bulk And Junk Lots
    • Shipwreck Coins
      • Gilt Dragon Coins
      • Batavia Coins
      • Zuytdorp Coins
      • Rapid Coins
    • Recent Acquisitions
    • Ancient Coins
      • Archaic Greece
      • Hellenistic Greece
      • Republican Rome
      • Imperial Rome
      • Non-Classical
    • Proclamation and Colonial Coins
    • English and British Coins
    • Australian Gold Sovereigns
      • Adelaide Pounds
      • Type I Sydney Mints
      • Type II Sydney Mints
      • Shields
      • Young Heads
      • Jubilee Heads
      • Veiled Heads
      • King George Large Heads
      • King George Small Heads
    • Australian Gold Half Sovereigns
      • Type I Sydney Mints
      • Type II Sydney Mints
      • Shields
      • Jubilees
      • Veiled Heads
      • King Edwards
      • King George Large Heads
    • Pre-decimal Specimen Pattern and Proof coins
    • Pre-Decimal (Commonwealth) Coins
      • Crowns
      • Florins
      • Shillings
      • Sixpences
      • Threepences
      • Pennies
      • Halfpennies
    • Decimal Coins (RAM)
      • Baby Mint (Unc) Coin Sets
      • Baby Proof Coin Sets
      • Gold Proof & Unc Coins
      • Silver Proof & Unc Coins
      • Proof Coin Year Sets
      • Unc (Mint) Coin Year Sets
      • Proof Coins
    • Decimal Coins (Circulation)
      • Fifty Cents
      • One Dollar
      • Twenty Cents
      • Two Cents
    • Decimal Coins (Perth Mint)
      • Perth Mint Gold Coins
      • Perth Mint Palladium Coins
      • Perth Mint Silver Coins
    • World Coins
  • Banknotes
    • NPA Note Folders
    • Pre-Federation Banknotes
    • Pre-Decimal Banknotes
      • Ten Shillings
      • One Pound
      • Five Pounds
      • Ten Pounds
      • Large Denominations
    • Paper Decimal Banknotes
      • One Dollar Notes
      • Two Dollar Notes
      • Five Dollar Notes
      • Ten Dollar Notes
      • Twenty Dollar Notes
      • Fifty Dollar Notes
      • One Hundred Dollar Notes
    • Polymer Decimal Banknotes
      • Five Dollar
      • Twenty Dollar
      • Ten Dollar
      • Fifty Dollar
      • One Hundred Dollar
    • World Banknotes
    • Books and Accessories
      • Books
      • Accessories
  • We're Buying
  • Valuation Tools
  • News & Research
  • About Us
  • Contact Us
    • 0
  • 0
  • Home
  •  / Banknotes
  •  / World Banknotes
  •  / Framed 1913 China Lung Tsing U Hai 20 Pound Railway Bond
Framed 1913 China Lung Tsing U Hai 20 Pound Railway Bond product image
Framed 1913 China Lung Tsing U Hai 20 Pound Railway Bond product image
Previous Next

Framed 1913 China Lung Tsing U Hai 20 Pound Railway Bond

This scarce railway bond was used to raise funds for a m

This scarce railway bond was used to raise funds for a major Chinese infrastructure project.
$950.00
2 In Stock
Make an Offer Ask a Question Propose a Trade

Notify me when back in stock

Please tick this box to proceed.
Description Shipping Specifications Guarantee Availability Secure Delivery Reviews (0)

Framed 1913 China Lung Tsing U Hai 20 Pound Railway Bond

Height: 525mm Width: 295mm


This scarce railway bond was used to raise funds for a major Chinese infrastructure project.

The Lung Tsing U Hai Railway is regarded as being one of the most famous railroads in China. Lung-Tsing-U-Hai describes the Kansuh to sea railway which ran between Lanchow-fu and Haichow.

This bond was issued in 1913 to: finance the construction of the railway; to fund the redemption of the Pien Lo Railway Loans of 1905 and 1907 as well as to improve the Haichow port.

The loan was secured by the railroad's revenues and was a direct obligation of the Government of the Republic of China which was founded only 2 years earlier.

The National Assembly of 1912 approved the bonds, it has been signed by top officials in the Chinese Government. The face value of £20 Sterling or 500 Francs was payable in gold.

Interest on the loan was for a 50 year period (1913-1953, when the principal was redeemable).

Although the total capital of the railway was £10,000,000, only 29,019 bonds were actually issued which some believe makes them very rare.

There is some discussion online that fully-issued bonds like this may be potentially negotiable. 

Two historic events caused redemption to be delayed: the Shanghai massacre of 1927 was the violent suppression of Communist Party organizations in Shanghai by the military forces of Chiang Kai-shek and conservative factions in the Kuomintang, the Chinese Nationalist Party. That clash led to the long and bloody civil war between the Nationalists and the Communists. 

This bond remains in attractive condition - we understand from the vendor that it has been in this frame for around 40 years. The paper is toned, but the edges look to be quite complete.

 

SKU: 209652



Standard Shipping - $9.00
Signature is required on delivery
Express Shipping - $15.00
Signature is required on delivery
Free pick-up from store - $0.00
You're welcome to collect your order from our office (Shop 22; 27-35 William Street; Fremantle; 6160) during normal office hours. Please make sure to check we're open before you head on in!

SKU 209652

We unconditionally guarantee the authenticity, title and grade of every item we sell. The tax invoices we supply ensure that you have these guarantees in writing.

Please review our Website Terms and Conditions for a complete explanation of the guarantees we provide.

All items ship within 24 hours of confirmed payment being received.

Please review our Website Terms and Conditions for a complete explanation of our availability guarantee.

All orders are delivered via trackable and insured mail at a flat rate of $9 for orders within Australia, and $25 internationally.

Australia Post Parcel Post within Australia can take up to 1 week to arrive, while EMS / ECI international mail can take up to 3 weeks.

Urgent orders can be sent via Australia Post Express Mail at special request.

Please review our Website Terms and Conditions for a complete explanation of our delivery guarantee.

Be The First To Review This Product!

Help other Sterling & Currency users shop smarter by writing reviews for products you have purchased.

Write a product review

Others Also Bought

1927 One Pound Riddle/Heathershaw R26 Extremely Fine

1927 One Pound Riddle/Heathershaw R26 Extremely Fi

$950.00

1949 Five Pound Coombs/Watt R47 good EF

1949 Five Pound Coombs/Watt R47 good EF

$950.00

1978 Sierra Leone Four Note Specimen Set Pick Cs2 Unc

1978 Sierra Leone Four Note Specimen Set Pick Cs2

$49.50

2001 Gold Bimetal Twenty Dollar Proof Coin Gregorian Calendar

2001 Gold Bimetal Twenty Dollar Proof Coin Gregori

$950.00

More From This Category

Solomon Islands 1977 2 Dollars P# 5 Uncirculated

Solomon Islands 1977 2 Dollars P# 5 Uncirculated

$30.00

United States 1976 2 Dollars P# 461 Uncirculated

United States 1976 2 Dollars P# 461 Uncirculated

$15.00

France 1985 100 Francs P# 154b Uncirculated

France 1985 100 Francs P# 154b Uncirculated

$75.00

Guatemala 1991 5 Quetzales P# 74b Uncirculated

Guatemala 1991 5 Quetzales P# 74b Uncirculated

$20.00

We're Always Buying!

We need to buy tens of thousands of dollars worth of coins and notes each and every week of the year.

If you'd like to turn all or part of your collection into cash, get in touch with our expert staff and we'll be happy to start working on a deal with you.

We're Buying

Australian Gold Coins

We have extensive experience in handling all Australian gold soveriegns and halves, from the Adelaide Pounds of 1852 right through to the last coins of George V of 1931. All of the Australian gold coins in our online shop are described in detail with high resolution images.

Buy Gold Coins Here

Coins

At Sterling & Currency, we specialize in handling Australian coins dating from our nation's settlement in 1788 through to the introduction of decimal currency in 1966. We have an extensive range in our online store of Australian gold, copper and silver coins.

Buy Collectible Coins Here

Decimal Coins

The Australian proof and UNC coins struck by the Perth Mint and the RAM are the most accessible coins available to collectors today. If you're not able to find a particular coin that you're keen to add to your collection, let us know and we'll be contact you when it becomes available.

Buy Decimal Coins Here

© 2007-2020 Sterling & Currency - All Rights Reserved
  • Facebook
  • Twitter
  • Youtube
  • Instagram
  • Pinterest
  • Linkedin
About Us
Privacy Policy
FAQ's
Disclaimer
Terms of Use

Terms & Conditions

Welcome to our website. If you continue to browse and use this website, you are agreeing to comply with and be bound by the following terms and conditions of use, which together with our privacy policy govern Sterling & Currency’s relationship with you in relation to this website. If you disagree with any part of these terms and conditions, please do not use our website.

The term ‘Sterling & Currency’ or ‘us’ or ‘we’ refers to the owner of the website whose registered office is Shop 22; 27-35 William Street; Fremantle; WA; 6160; AUSTRALIA. Our ABN is 24 120 655 469. The term ‘you’ refers to the user or viewer of our website.

The use of this website is subject to the following terms of use:

  • The content of the pages of this website is for your general information and use only. It is subject to change without notice.
  • Neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and materials found or offered on this website for any particular purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law.
  • Your use of any information or materials on this website is entirely at your own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services or information available through this website meet your specific requirements.
  • This website contains material which is owned by or licensed to us. This material includes, but is not limited to, the design, layout, look, appearance and graphics. Reproduction is prohibited other than in accordance with the copyright notice, which forms part of these terms and conditions.
  • All trademarks reproduced in this website, which are not the property of, or licensed to the operator, are acknowledged on the website.
  • Unauthorised use of this website may give rise to a claim for damages and/or be a criminal offence.
  • From time to time, this website may also include links to other websites. These links are provided for your convenience to provide further information. They do not signify that we endorse the website(s). We have no responsibility for the content of the linked website(s).
  • Your use of this website and any dispute arising out of such use of the website is subject to the laws of Australia.

Privacy Policy

Your Privacy (Privacy Policy)

At sterlingcurrency.com.au, we are committed to protecting your privacy as a customer and an online visitor to our website. We use the information we collect about you to maximize the services that we provide to you. We respect the privacy and confidentiality of the information provided by you and adhere to the Australian Privacy Principles. Please read our privacy policy below carefully.

Information We Collect From You

In the course of your visits to our website or use of our products and services, we may obtain the following information about you: name, company name, email address, telephone number, credit card details, billing address, geographic location, IP address, survey responses, support queries, blog comments and social media handles (together ‘Personal Data’).

Our services are not directed to persons under 18 and we do not knowingly collect Personal Data from anyone under 18. If we become aware that a child under 18 has provided us with Personal Data, we will delete that information as quickly as possible. If you are the parent or guardian of a child and you believe they have provided us with Personal Data without your consent, then please contact us.

You can review, correct, update or delete your Personal Data by either logging into your account and making the changes yourself or contacting us directly to do so.

How We Use Your Information

Personally Identifiable Information: We use the information we collect to deliver our services to you, including: communicating with you, providing technical support, notifying you of updates and offers, sharing useful content, measuring customer satisfaction, diagnosing problems and providing you with a personalised website experience.

Marketing communications are only sent to you if you have requested or subscribed to them. You can opt out of our marketing communications at any time by unsubscribing or emailing us and your request will be actioned immediately.

Non-Personally Identifiable Information: We also use the information we collect in aggregated and anonymized forms to improve our services, including: administering our website, producing reports and analytics, advertising our products and services, identifying user demands and assisting in meeting customer needs generally.

Any information you choose to make publicly available, such as blog comments and testimonials on our website, will be available for others to see. If you subsequently remove this information, copies may remain viewable in cached and archived pages on other websites or if others have copied or saved the information.

Storage And Security Of Your Information 

We will use all reasonable means to protect the confidentiality of your Personal Data while in our possession or control. All information we receive from you is stored and protected on our secure servers from unauthorized use or access. Credit card information is encrypted before transmission and is not stored by us on our servers.

To enable us to deliver our services, we may transfer information that we collect about you, including Personal Data, across borders for storage and processing in countries other than Australia. If your Personal Data is transferred and processed outside Australia, it will only be transferred to countries that have adequate privacy protections.

We retain your personal information for as long as needed to provide services to you and as otherwise necessary to comply with our legal obligations, resolve disputes and enforce our agreements.

In the event there is a breach of our security and your Personal Data is compromised, we will promptly notify you in compliance with the applicable law.

Cookies And Pixels  

A cookie is a small file placed in your web browser that collects information about your web browsing behaviour. Use of cookies allows a website to tailor its configuration to your needs and preferences. Cookies do not access information stored on your computer or any Personal Data (e.g. name, address, email address or telephone number). Most web browsers automatically accept cookies but you can choose to reject cookies by changing your browser settings. This may, however, prevent you from taking full advantage of our website.

Our website uses cookies to analyse website traffic, provide social media sharing and liking functionality and help us provide a better website visitor experience. In addition, cookies and pixels may be used to serve relevant ads to website visitors through third party services such as Google Adwords and Facebook Adverts. These ads may appear on this website or other websites you visit.

Sharing Your Information With Third Parties 

We do not and will not sell or deal in Personal Data or any customer information.

Your Personal Data details are only disclosed to third party suppliers when it is required by law, for goods or services which you have purchased, for payment processing or to protect our copyright, trademarks and other legal rights. To the extent that we do share your Personal Data with a service provider, we would only do so if that party has agreed to comply with our privacy standards as described in this privacy policy and in accordance with applicable law. Our contracts with third parties prohibit them from using any of your Personal Data for any purpose other than that for which it was shared.

Disclosure Of Your Information 

We may from time to time need to disclose certain information, which may include your Personal Data, to comply with a legal requirement, such as a law, regulation, court order, subpoena, warrant, in the course of a legal proceeding or in response to a law enforcement agency request. Also, we may use your Personal Data to protect the rights, property or safety of sterlingcurrency.com.au, our customers or third parties.

If there is a change of control in one of our businesses (whether by merger, sale, transfer of assets or otherwise) customer information, which may include your Personal Data, could be transferred to a purchaser under a confidentiality agreement. We would only disclose your Personal Data in good faith and where required by any of the above circumstances.

Links To Other Websites 

This website may contain links to other websites. These links are meant for your convenience only. Links to third party websites do not constitute sponsorship or endorsement or approval of these websites. Please be aware that we are not responsible for the privacy practices of such other websites. We encourage our users to be aware, when they leave our website, to read the privacy statements of each and every website that collects personally identifiable information. This privacy policy applies solely to information collected by this website.

Change In Privacy Policy

As we plan to ensure our privacy policy remains current, this policy is subject to change. We may modify this policy at any time, in our sole discretion and all modifications will be effective immediately upon our posting of the modifications on this website. Please return periodically to review our privacy policy.

Contact Us

If you have any questions or concerns at any time about our privacy policy or the use of your Personal Data, please contact us here and we will respond within 48 hours.