{"product_id":"1913-chinese-government-5-reorganisation-gold-loan-bond-20","title":"1913 Chinese Government – 5% Reorganisation Gold Loan Bond – £20","description":"\u003cp\u003e\u003cstrong\u003eWe are Lapo Numismatics,\u003c\/strong\u003e\u003cspan\u003e We supply collectors with 100% original historical bonds, banknotes, collectibles and antiques, at the best price and in the shortest possible time.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cmeta charset=\"UTF-8\"\u003e \u003cstrong\u003eProduct Details: \u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e1913 Chinese Government – 5% Reorganisation Gold Loan Bond – £20\u003c\/p\u003e\n\u003cp\u003eWith Coupons\u003c\/p\u003e\n\u003ch2 data-start=\"0\" data-end=\"78\"\u003e🇨🇳 \u003cstrong data-start=\"10\" data-end=\"78\"\u003e1913 Chinese Government – 5% Reorganisation Gold Loan Bond – £20\u003c\/strong\u003e\n\u003c\/h2\u003e\n\u003cp data-start=\"80\" data-end=\"547\"\u003eThe \u003cstrong data-start=\"84\" data-end=\"159\"\u003e1913 Chinese Government 5% Reorganisation Gold Loan Bond – £20 Sterling\u003c\/strong\u003e is one of the most iconic and historically important Chinese sovereign bonds ever issued. Created during the early years of the \u003cstrong data-start=\"288\" data-end=\"309\"\u003eRepublic of China\u003c\/strong\u003e, this extraordinary financial document reflects a pivotal moment in China’s transition from imperial rule into a modern state and remains one of the most desirable pieces in the world of \u003cstrong data-start=\"497\" data-end=\"546\"\u003escripophily and historic finance collectibles\u003c\/strong\u003e.\u003c\/p\u003e\n\u003chr data-start=\"549\" data-end=\"552\"\u003e\n\u003cp data-start=\"554\" data-end=\"580\"\u003e🏛️ \u003cstrong data-start=\"558\" data-end=\"580\"\u003eHistorical Context\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"582\" data-end=\"766\"\u003eFollowing the fall of the \u003cstrong data-start=\"608\" data-end=\"632\"\u003eQing Dynasty in 1911\u003c\/strong\u003e, the newly established \u003cstrong data-start=\"656\" data-end=\"677\"\u003eRepublic of China\u003c\/strong\u003e faced enormous financial challenges while attempting to unify and modernize the country.\u003c\/p\u003e\n\u003cp data-start=\"768\" data-end=\"959\"\u003eTo stabilize government finances and support national restructuring, the Chinese Government arranged a major international borrowing program known as the \u003cstrong data-start=\"922\" data-end=\"958\"\u003eReorganisation Gold Loan of 1913\u003c\/strong\u003e.\u003c\/p\u003e\n\u003cp data-start=\"961\" data-end=\"1003\"\u003eThe proceeds of the loan were intended to:\u003c\/p\u003e\n\u003cp data-start=\"1005\" data-end=\"1205\"\u003e• Consolidate government finances\u003cbr data-start=\"1038\" data-end=\"1041\"\u003e• Support administrative and military reorganization\u003cbr data-start=\"1093\" data-end=\"1096\"\u003e• Strengthen the new Republic’s financial position\u003cbr data-start=\"1146\" data-end=\"1149\"\u003e• Promote modernization and infrastructure development\u003c\/p\u003e\n\u003cp data-start=\"1207\" data-end=\"1327\"\u003eThis became one of the most internationally significant Chinese sovereign debt issuances of the early twentieth century.\u003c\/p\u003e\n\u003chr data-start=\"1329\" data-end=\"1332\"\u003e\n\u003cp data-start=\"1334\" data-end=\"1365\"\u003e💷 \u003cstrong data-start=\"1337\" data-end=\"1365\"\u003eKey Features of the Bond\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"1367\" data-end=\"1768\"\u003e\u003cstrong data-start=\"1367\" data-end=\"1385\"\u003eOfficial Name:\u003c\/strong\u003e Chinese Government 5% Reorganisation Gold Loan of 1913\u003cbr data-start=\"1440\" data-end=\"1443\"\u003e\u003cstrong data-start=\"1443\" data-end=\"1460\"\u003eDenomination:\u003c\/strong\u003e \u003cstrong data-start=\"1461\" data-end=\"1477\"\u003e£20 Sterling\u003c\/strong\u003e\u003cbr data-start=\"1477\" data-end=\"1480\"\u003e\u003cstrong data-start=\"1480\" data-end=\"1498\"\u003eInterest Rate:\u003c\/strong\u003e 5% annual interest\u003cbr data-start=\"1517\" data-end=\"1520\"\u003e\u003cstrong data-start=\"1520\" data-end=\"1535\"\u003eIssue Year:\u003c\/strong\u003e 1913\u003cbr data-start=\"1540\" data-end=\"1543\"\u003e\u003cstrong data-start=\"1543\" data-end=\"1554\"\u003eIssuer:\u003c\/strong\u003e Government of the Republic of China\u003cbr data-start=\"1590\" data-end=\"1593\"\u003e\u003cstrong data-start=\"1593\" data-end=\"1602\"\u003eType:\u003c\/strong\u003e Gold Loan Bond\u003cbr data-start=\"1617\" data-end=\"1620\"\u003e\u003cstrong data-start=\"1620\" data-end=\"1651\"\u003eIssue Currency Equivalents:\u003c\/strong\u003e Also referenced in Francs, Marks, Rubles, and Yen\u003cbr data-start=\"1701\" data-end=\"1704\"\u003e\u003cstrong data-start=\"1704\" data-end=\"1716\"\u003ePurpose:\u003c\/strong\u003e National financial reorganization and modernization\u003c\/p\u003e\n\u003chr data-start=\"1770\" data-end=\"1773\"\u003e\n\u003cp data-start=\"1775\" data-end=\"1814\"\u003e🌐 \u003cstrong data-start=\"1778\" data-end=\"1814\"\u003eInternational Banking Consortium\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"1816\" data-end=\"1996\"\u003eThe Reorganisation Loan was arranged by an influential international banking group often referred to as the \u003cstrong data-start=\"1924\" data-end=\"1948\"\u003eSix-Power Consortium\u003c\/strong\u003e, representing major global financial interests.\u003c\/p\u003e\n\u003cp data-start=\"1998\" data-end=\"2034\"\u003eParticipating institutions included:\u003c\/p\u003e\n\u003cp data-start=\"2036\" data-end=\"2265\"\u003e• Hongkong \u0026amp; Shanghai Banking Corporation (HSBC)\u003cbr data-start=\"2084\" data-end=\"2087\"\u003e• Banque de l’Indo-Chine\u003cbr data-start=\"2111\" data-end=\"2114\"\u003e• Deutsch-Asiatische Bank\u003cbr data-start=\"2139\" data-end=\"2142\"\u003e• International Banking Corporation (USA)\u003cbr data-start=\"2183\" data-end=\"2186\"\u003e• Banking groups representing France, Germany, Britain, Russia, and later Japan\u003c\/p\u003e\n\u003cp data-start=\"2267\" data-end=\"2372\"\u003eThis international structure made the loan one of the most prominent global debt transactions of its era.\u003c\/p\u003e\n\u003chr data-start=\"2374\" data-end=\"2377\"\u003e\n\u003cp data-start=\"2379\" data-end=\"2409\"\u003e📜 \u003cstrong data-start=\"2382\" data-end=\"2409\"\u003eHistorical Significance\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"2411\" data-end=\"2485\"\u003eThe 1913 Reorganisation Loan remains highly important because it reflects:\u003c\/p\u003e\n\u003cp data-start=\"2487\" data-end=\"2682\"\u003e✔ The birth of modern Republican China\u003cbr data-start=\"2525\" data-end=\"2528\"\u003e✔ Early international financial cooperation in Asia\u003cbr data-start=\"2579\" data-end=\"2582\"\u003e✔ Chinese sovereign debt history\u003cbr data-start=\"2614\" data-end=\"2617\"\u003e✔ Exceptional engraved security artwork and multilingual design\u003c\/p\u003e\n\u003cp data-start=\"2684\" data-end=\"2903\"\u003eOver time, political changes, conflict, and later governmental transitions transformed these bonds into \u003cstrong data-start=\"2788\" data-end=\"2850\"\u003ehistoric financial artifacts rather than active securities\u003c\/strong\u003e, increasing their appeal among collectors worldwide.\u003c\/p\u003e\n\u003chr data-start=\"2905\" data-end=\"2908\"\u003e\n\u003cp data-start=\"2910\" data-end=\"2946\"\u003e🔍 \u003cstrong data-start=\"2913\" data-end=\"2946\"\u003eCollectibility \u0026amp; Presentation\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"2948\" data-end=\"2983\"\u003eThis historic certificate features:\u003c\/p\u003e\n\u003cp data-start=\"2985\" data-end=\"3174\"\u003e• Elaborate engraved border artwork\u003cbr data-start=\"3020\" data-end=\"3023\"\u003e• Large official Chinese seals and signatures\u003cbr data-start=\"3068\" data-end=\"3071\"\u003e• Multilingual text for international investors\u003cbr data-start=\"3118\" data-end=\"3121\"\u003e• Classic early twentieth-century security printing\u003c\/p\u003e\n\u003cp data-start=\"3176\" data-end=\"3281\"\u003eCondition may include natural folds, handling marks, and age consistent with original historic documents.\u003c\/p\u003e\n\u003cp data-start=\"3176\" data-end=\"3281\"\u003e\u003cstrong\u003eThis is a secure site, we are members of:\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003e- \u003c\/span\u003e\u003cspan style=\"font-weight: 400;\"\u003eAmerican Numismatic Association\u003cbr\u003e- PMG\u003c\/span\u003e\u003c\/p\u003e","brand":"Lapo Numismatics","offers":[{"title":"Default Title","offer_id":49139080757556,"sku":null,"price":220.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0757\/4968\/7604\/files\/China_Reorganisation_1.jpg?v=1780330176","url":"https:\/\/laponumismatics.com\/products\/1913-chinese-government-5-reorganisation-gold-loan-bond-20","provider":"Lapo Numismatics","version":"1.0","type":"link"}