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Banknote Book & CPG® PRICE GUIDE

Catalog & market information for bank notes issued by Imperial Chinese Railways

Imperial Chinese Railways (ICR) issues are the first Chinese banknotes produced by a foreign printer, namely Barclay & Fry of London. They are also the first Chinese notes with a Western format and design. The Chinese issuer name, 北洋鐵軌官路總局, translates as “Beiyang Railroad Office General Administration of Railroads,” Beiyang (Northern Ocean) being the coastal area of what was formerly Zhili province, now Hebei province. These notes circulated in areas outside Hebei and thus are considered national issues. While the English translation of the issuing agency remained unchanged, the Chinese issuer name has changed to 山海關内外鐵 路局, which translates as “Shanhaiguan Inner and Outer Railroad Office,” Shanhaiguan being a major pass at the extreme eastern end of the Great Wall of China in modern Hebei province. Like the preceding issues, these notes circulated in areas outside Hebei and thus are considered national issues.

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1 dollar
(B501a, PA56)

 
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5 dollars
(B502a, PNL)

 
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10 dollars
(B503a, PNL)

 
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1 dollar
(B504a, PA59)

 
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1 dollar
(B504ar, PA59)

 
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1 dollar
(B504as, PA59)

 
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5 dollars
(B505a, PA60)

 
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5 dollars
(B505ar1, PA60)

 
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5 dollars
(B505ar2, PA60)

 
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10 dollars
(B506a, PA61)

 
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10 dollars
(B506ar, PA61)

 
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10 dollars
(B506ap, PA61)

 
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