Saturday 24 November 2012

Macau Chan Tung Cheng bank issue

Private bank - Macau Chan Tung Cheng Bank Issue
 Macao 10 Dollars
Issue year : 1934
Size : 162mm X 238mm
Printer : Hong Kong Printing Press (HKPP)
World catalogue Pick no. : S92



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Private bank - Macau Chan Tung Cheng Bank Issue Macau 50 Dollars
Issue year : 1934
Size : 162mm X 238mm
Printer : Hong Kong Printing Press (HKPP)
World catalogue Pick no. : S92a



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Simple detail:
During the 1920' and early 1930's the private banks of Macau issued various circulating checks in Dollars to facilitate trade with Chinese firms.
These apparently circulated freely along with the Pataca issues of the Banco Nacional Ultramarino which quite obviosly were in short supply.