CHINA 1929 TIENTSIN LAND INVESTMENT 100 SILVER TAEL LOAN UNCANCELLED BY WATERLOW

Description

Uncancelled and in default. Printed by Waterlow & Sons Ltd London. There are 4 holes on top because the original owner stored these loans in a file binder. Almost all bonds and loans based on silver tael were redeemed earlier in 1933 than stipulated, because in 1933 silver tael became outlawed and was mandated to be replaced by silver dollar. So there are not many of these silver tael denominated loans left now.
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