{"product_id":"1913-government-chinese-republic-5-province-of-petchili-gold-loan-20-with-passco-coa","title":"1913 Government Chinese Republic – 5 ½% Province of Petchili Gold Loan – £20 with PASSCO COA","description":"\u003cp\u003e\u003cmeta charset=\"UTF-8\"\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\u003e\u003cspan style=\"font-weight: 400;\"\u003e1924 German External Loan – 7% Gold Bond – $1,000 – With Coupons\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eWith Passco Certificate of Authentication\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-start=\"0\" data-end=\"96\"\u003e🇨🇳 \u003cstrong data-start=\"10\" data-end=\"96\"\u003e1913 Government of the Chinese Republic – 5½% Province of Petchili Gold Loan – £20\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"98\" data-end=\"539\"\u003eThe \u003cstrong data-start=\"102\" data-end=\"175\"\u003e1913 Province of Petchili (Zhili) Gold Loan – 5½% Bond – £20 Sterling\u003c\/strong\u003e is a rare and historically significant Chinese provincial bond issued during the formative years of the \u003cstrong data-start=\"280\" data-end=\"301\"\u003eRepublic of China\u003c\/strong\u003e. Backed by the Province of Petchili, the political heartland surrounding Peking (Beijing), this loan represents one of the important regional financing efforts undertaken during China's transition from imperial rule to a modern republic.\u003c\/p\u003e\n\u003chr data-start=\"541\" data-end=\"544\"\u003e\n\u003cp data-start=\"546\" data-end=\"572\"\u003e🏛️ \u003cstrong data-start=\"550\" data-end=\"572\"\u003eHistorical Context\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"574\" data-end=\"744\"\u003eFollowing the collapse of the \u003cstrong data-start=\"604\" data-end=\"628\"\u003eQing Dynasty in 1911\u003c\/strong\u003e, China entered a period of political restructuring and economic modernization under the newly established Republic.\u003c\/p\u003e\n\u003cp data-start=\"746\" data-end=\"910\"\u003eDuring this era, both the central government and provincial administrations sought foreign capital to fund infrastructure, public works, and administrative reforms.\u003c\/p\u003e\n\u003cp data-start=\"912\" data-end=\"973\"\u003eThe \u003cstrong data-start=\"916\" data-end=\"958\"\u003eProvince of Petchili Gold Loan of 1913\u003c\/strong\u003e was issued to:\u003c\/p\u003e\n\u003cp data-start=\"975\" data-end=\"1181\"\u003e• Strengthen provincial finances\u003cbr data-start=\"1007\" data-end=\"1010\"\u003e• Support modernization projects\u003cbr data-start=\"1042\" data-end=\"1045\"\u003e• Finance public infrastructure and development\u003cbr data-start=\"1092\" data-end=\"1095\"\u003e• Promote economic growth within one of China's most strategically important provinces\u003c\/p\u003e\n\u003cp data-start=\"1183\" data-end=\"1317\"\u003eAt the time, Petchili Province included the area surrounding the national capital and was among the most influential regions in China.\u003c\/p\u003e\n\u003chr data-start=\"1319\" data-end=\"1322\"\u003e\n\u003cp data-start=\"1324\" data-end=\"1355\"\u003e💷 \u003cstrong data-start=\"1327\" data-end=\"1355\"\u003eKey Features of the Bond\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"1357\" data-end=\"1747\"\u003e\u003cstrong data-start=\"1357\" data-end=\"1375\"\u003eOfficial Name:\u003c\/strong\u003e Government of the Chinese Republic – Province of Petchili Gold Loan of 1913\u003cbr data-start=\"1451\" data-end=\"1454\"\u003e\u003cstrong data-start=\"1454\" data-end=\"1471\"\u003eDenomination:\u003c\/strong\u003e \u003cstrong data-start=\"1472\" data-end=\"1488\"\u003e£20 Sterling\u003c\/strong\u003e\u003cbr data-start=\"1488\" data-end=\"1491\"\u003e\u003cstrong data-start=\"1491\" data-end=\"1509\"\u003eInterest Rate:\u003c\/strong\u003e \u003cstrong data-start=\"1510\" data-end=\"1533\"\u003e5½% annual interest\u003c\/strong\u003e\u003cbr data-start=\"1533\" data-end=\"1536\"\u003e\u003cstrong data-start=\"1536\" data-end=\"1551\"\u003eIssue Year:\u003c\/strong\u003e 1913\u003cbr data-start=\"1556\" data-end=\"1559\"\u003e\u003cstrong data-start=\"1559\" data-end=\"1570\"\u003eIssuer:\u003c\/strong\u003e Province of Petchili (Zhili), Republic of China\u003cbr data-start=\"1618\" data-end=\"1621\"\u003e\u003cstrong data-start=\"1621\" data-end=\"1630\"\u003eType:\u003c\/strong\u003e Gold Loan Bond\u003cbr data-start=\"1645\" data-end=\"1648\"\u003e\u003cstrong data-start=\"1648\" data-end=\"1661\"\u003eLanguage:\u003c\/strong\u003e English and French\u003cbr data-start=\"1680\" data-end=\"1683\"\u003e\u003cstrong data-start=\"1683\" data-end=\"1695\"\u003ePurpose:\u003c\/strong\u003e Provincial development and financial reorganization\u003c\/p\u003e\n\u003chr data-start=\"1749\" data-end=\"1752\"\u003e\n\u003cp data-start=\"1754\" data-end=\"1784\"\u003e🌐 \u003cstrong data-start=\"1757\" data-end=\"1784\"\u003eInternational Financing\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"1786\" data-end=\"1923\"\u003eLike many Chinese loans of the early twentieth century, the Petchili Gold Loan was marketed internationally to attract foreign investors.\u003c\/p\u003e\n\u003cp data-start=\"1925\" data-end=\"2056\"\u003eThe bonds were distributed through European financial institutions and were designed to appeal to international capital markets by:\u003c\/p\u003e\n\u003cp data-start=\"2058\" data-end=\"2263\"\u003e• Being denominated in Sterling\u003cbr data-start=\"2089\" data-end=\"2092\"\u003e• Carrying a fixed gold-backed interest rate\u003cbr data-start=\"2136\" data-end=\"2139\"\u003e• Including multilingual text for foreign investors\u003cbr data-start=\"2190\" data-end=\"2193\"\u003e• Featuring internationally recognized financial controls and trustees\u003c\/p\u003e\n\u003cp data-start=\"2265\" data-end=\"2356\"\u003eThese features helped position the bond within the global investment markets of the period.\u003c\/p\u003e\n\u003chr data-start=\"2358\" data-end=\"2361\"\u003e\n\u003cp data-start=\"2363\" data-end=\"2393\"\u003e📜 \u003cstrong data-start=\"2366\" data-end=\"2393\"\u003eHistorical Significance\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"2395\" data-end=\"2495\"\u003eThe Province of Petchili Gold Loan is particularly desirable among collectors because it represents:\u003c\/p\u003e\n\u003cp data-start=\"2497\" data-end=\"2744\"\u003e✔ The early years of Republican China\u003cbr data-start=\"2534\" data-end=\"2537\"\u003e✔ Provincial financing during a transformative era\u003cbr data-start=\"2587\" data-end=\"2590\"\u003e✔ International investment in China's modernization\u003cbr data-start=\"2641\" data-end=\"2644\"\u003e✔ A tangible connection to pre-war global finance\u003cbr data-start=\"2693\" data-end=\"2696\"\u003e✔ Rare Chinese provincial sovereign debt history\u003c\/p\u003e\n\u003cp data-start=\"2746\" data-end=\"2884\"\u003eMany surviving examples are increasingly difficult to locate, particularly those retaining large portions of their original coupon sheets.\u003c\/p\u003e\n\u003chr data-start=\"2886\" data-end=\"2889\"\u003e\n\u003cp data-start=\"2891\" data-end=\"2916\"\u003e🎨 \u003cstrong data-start=\"2894\" data-end=\"2916\"\u003eExceptional Design\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"2918\" data-end=\"2955\"\u003eThis impressive certificate features:\u003c\/p\u003e\n\u003cp data-start=\"2957\" data-end=\"3190\"\u003e• Large engraved decorative borders\u003cbr data-start=\"2992\" data-end=\"2995\"\u003e• Official Chinese seals and government stamps\u003cbr data-start=\"3041\" data-end=\"3044\"\u003e• Multilingual printing in English and French\u003cbr data-start=\"3089\" data-end=\"3092\"\u003e• Original handwritten signatures\u003cbr data-start=\"3125\" data-end=\"3128\"\u003e• Extensive attached coupon sheet for future interest payments\u003c\/p\u003e\n\u003cp data-start=\"3192\" data-end=\"3350\"\u003eThe combination of intricate engraving and historic Chinese government seals makes this one of the most visually striking Chinese bonds of the Republican era.\u003c\/p\u003e\n\u003chr data-start=\"3352\" data-end=\"3355\"\u003e\n\u003cp data-start=\"3357\" data-end=\"3380\"\u003e🔍 \u003cstrong data-start=\"3360\" data-end=\"3380\"\u003eCollector Appeal\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"3382\" data-end=\"3420\"\u003eCollectors highly value examples with:\u003c\/p\u003e\n\u003cp data-start=\"3422\" data-end=\"3552\"\u003e• Original coupons attached\u003cbr data-start=\"3449\" data-end=\"3452\"\u003e• Clear signatures and official seals\u003cbr data-start=\"3489\" data-end=\"3492\"\u003e• Strong paper preservation\u003cbr data-start=\"3519\" data-end=\"3522\"\u003e• Attractive display qualities\u003c\/p\u003e\n\u003cp data-start=\"3554\" data-end=\"3652\"\u003eThe large format and elaborate artwork make this bond an outstanding museum-quality display piece.\u003c\/p\u003e\n\u003cp\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":49141627879732,"sku":null,"price":1490.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0757\/4968\/7604\/files\/PETCHILI1.jpg?v=1780331868","url":"https:\/\/laponumismatics.com\/products\/1913-government-chinese-republic-5-province-of-petchili-gold-loan-20-with-passco-coa","provider":"Lapo Numismatics","version":"1.0","type":"link"}