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Banknote Book & CPG® PRICE GUIDE
- World Currency /
- China Foreign Banks /
- International Banking Corporation
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Greysheet Catalog Details
The International Banking Corporation (INB) was founded on 1 December 1901 to promote foreign trade in China. It was based in New York City and was the only US bank to issue notes in China prior to the overthrow of the imperial dynasty in 1912. In 1915 the National City Bank of New York acquired a majority stake in the International Banking Corporation and eventually took over all branches on 1 January 1927. International Banking Corporation banknotes were redeemed without any discount and then cancelled by cutting them in half horizontally. Many of the notes found in collections today consist of two halves glued together, usually with mismatched serial numbers. All notes are Series A.
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