Early 20th century chinese banknotes issued by Netherlands Trading society
- July 13, 2023
- by
- Pierre
The trade relations between the Netherlands and China have a long and rich history. The Dutch were among the first Europeans to establish contacts with China in the 16th century, and during that time, the Dutch East India Company played a pivotal role in facilitating these exchanges.
In the late 19th and 20th centuries, the Nederlandsche Handel-Maatschappij (Netherlands Trading Society) emerged as another major player in the dynamic trade between China and the Netherlands. This joint-stock company was founded on March 29, 1824, under the guidance of King William I, with the primary goal of promoting trade, particularly between the Netherlands and overseas territories.
Overall, these trade relations have significantly contributed to the long-standing and enduring connection between the Netherlands and China.
荷兰和中国之间的贸易关系有着悠久而丰富的历史。荷兰在16世纪是最早与中国建立联系的欧洲国家之一，在那个时候，荷兰东印度公司在促进这些交流中起到了关键作用。
在19世纪末和20世纪，荷兰贸易公司（Nederlandsche Handel-Maatschappij）成为中国和荷兰之间充满活力的贸易的另一主要参与者。这家股份有限公司成立于1824年3月29日，得到了威廉一世国王的指导，其主要目标是促进贸易，特别是荷兰与海外领地之间的贸易。
总体而言，这些贸易关系对于荷兰和中国之间长久而持久的联系做出了重要贡献。
NHM headquarters around 1860 in Amsterdam
From 1882 onwards, NHM expanded its operations and entered the banking sector, primarily in China. These new endeavors gradually became more important than its original activities in commerce and logistics. As a result, NHM’s office in Shanghai was authorized to issue regional fiduciary rights.
In order to facilitate trade between China and the Netherlands, NHM introduced its own banknotes, which were widely accepted as a form of payment across different regions in China. These banknotes were denominated in US dollars and circulated alongside local Chinese currencies. Chinese merchants and traders readily accepted these banknotes, providing a convenient means of exchange for both Dutch and Chinese businesses operating in the country.
自1882年起，NHM扩大了其业务并进入了银行业，主要在中国。这些新的努力逐渐变得比其在商业和物流方面的原始活动更加重要。因此，NHM在上海的办事处被授权发行区域性信托权利。
为了促进中荷之间的贸易，NHM引入了自己的纸币，这种纸币在中国各个地区被广泛接受作为一种支付方式。这些纸币以美元计价，并与中国本地货币一起流通。中国商人和贸易商乐于接受这些纸币，为在该国经营的荷兰和中国企业提供了便捷的交流手段。
These activities allowed the company to establish itself as a financial institution and strengthened its position as a key player in trade. It also played a significant role in the training of Chinese banking executives in the Shanghai region. Furthermore, this contributed to establishing its credibility and influence among the local population.
The banknotes issued by NHM played a crucial role in facilitating trade between the Netherlands and China at that time.
In 1964, NHM merged with Twentsche Bank to form Algemene Bank Nederland, now known as ABN AMRO.
This Dutch bank issued several denominations in China, with two different issue dates.
这些活动使该公司得以确立自己作为金融机构的地位，并加强了其在贸易中的关键角色。它还在上海地区培训中国银行高管方面发挥了重要作用。此外，这有助于树立其在当地人群中的信誉和影响力。
NHM发行的银行票据在当时促进了荷兰与中国之间的贸易。
1964年，NHM与Twentsche Bank合并为Algemene Bank Nederland，现在被称为ABN AMRO。
这家荷兰银行在中国发行了多种面额的纸币，有两个不同的发行日期。
1909 issued banknotes
Shanghai 5 Dollars Netherlands Trading Society
Date of issue: January 1, 1909
Material: paper
Dimensions: 16.9 x 10.3 cm (6 5/8 x 4 1/16 in)
Printer: Bradbury, Wilkinson & Co
A $5 US negotiable banknote issued by the SHANGHAI branch of NHM
Shanghai 10 Dollar Netherlands Trading Society
Issue Date: January 1, 1909
Material: paper
Dimensions: 17 x 10.8cm (6 11/16 x 4 1/4in.)
Printer: Bradbury, Wilkinson & Co.
A $5 US negotiable banknote issued by the SHANGHAI branch of NHM
US 10 dollar banknote issued by the SHANGHAI branch of the NHM
1922 issued banknotes
Shanghai 50 Dollars Netherlands Trading Society
SPECIMEN of the $50 bill issued by the SHANGHAI branch of NHM
Shanghai 100 Dollars banknote Netherlands Trading Society
Specimen of the 100 dollar banknote issued by the Shanghai branch of the NHM
NHM banknotes prices on the collection market.
In recent years, there has been a significant increase in prices for tradable banknotes, as well as for “specimen” and “proof” notes, including other color trials.
When it comes to the 1909 5-dollar banknote, it is the most commonly available note for sale. The most affordable option is intermediate proofs (“progressive proofs”), which range in price from 250€ to 400€. They have been offered in lots on at least two occasions. For a one-sided proof, the price ranges between 2,500€ and 3,500€. Specimen banknotes can reach a price of up to 6,000€ (based on the Heritage sale of June 2023). A tradable banknote in TB condition is valued at approximately 3,000€. The highest recorded price for this banknote is 33,000€, for a tradable banknote in “PMG 66 EPQ” condition, which indicates mint condition with exceptional paper quality. According to Stacks Bowers, only 9 tradable 5-dollar banknotes have been graded by PMG.
近年来，可交易纸币以及“样本”和“证明”纸币的价格显著上涨，包括其他颜色试验品。
就1909年的5美元纸币而言，它是最常见的出售纸币。最实惠的选择是中间证据（“渐进证据”），价格从250欧元到400欧元不等。它们已经在至少两次拍卖中出现。对于一面的证明，价格范围在2500欧元到3500欧元之间。样本纸币的价格可以达到6000欧元（根据2023年6月的传世贸易）。在TB状况下进行交易的纸币的价值约为3000欧元。该纸币的最高纪录价格为33000欧元，是一张“PMG 66 EPQ”状况的可交易纸币，这表示它处于卓越的纸币质量的完美状态。根据Stacks Bowers的说法，PMG只评级了9张可交易的5美元纸币。
For the 10-dollar banknote from the same series, a progressive proof sells for around 300€ in “near mint” or new condition. A final uniface proof is priced at 2,000€. A specimen in PMG 55 EPQ quality was sold for 4,800€. Additionally, an issued banknote in PMG 12 condition was also sold for the same price of 4,800€. Stacks Bowers reports that only 8 10-dollar banknotes have been graded by PMG.
同系列的10美元纸币，一个渐进的证据在“近乎完美”或新的状态下售价约为300欧元。一枚最终的单面证据定价为2000欧元。一张品质为PMG 55 EPQ的样张售价为4800欧元。此外，一张PMG 12的发行纸币也以同样价格4800欧元售出。Stacks Bowers报告称，仅有8张10美元的纸币经过PMG评级。
Regarding the 1922 50-dollar banknote, we have only recorded two sales so far, and both were specimens. The first, in PCGS55 condition, was sold for 7,200€. The second, in PMG64 condition, was sold for 21,600€ in June 2023 by Heritage Auctions.
关于1922年的50美元纸币，迄今为止我们只记录到两笔销售，而且都是样票。第一笔是在PCGS55条件下以7200欧元的价格售出。第二笔是在PMG64条件下，于2023年6月由Heritage Auctions以21600欧元的价格售出
Lastly, in regards to the 1922 $100 banknote, CROWN CURRENCY AUCTION sold a PMG63 specimen in July 2023 for €17,000. A PMG58 specimen had previously been sold in 2018 for €9,000. The only banknote in circulation that was sold, in PMG30 condition, was acquired by a buyer for €7,500.
最后，关于1922年的100美元钞票，CROWN CURRENCY AUCTION于2023年7月售出了一张PMG63级别的样本，售价为17,000欧元。之前，在2018年售出了一张PMG58级别的样本，售价为9,000欧元。而唯一流通中的钞票在PMG30级别下以7,500欧元的价格被一名买家收购。
Sources: ABN AMRO and NUMISMAG – 来源：ABN AMRO 和 NUMISMAG
