Skip to main content

Imperial Chinese Government £20 Gold Loan of 1908 Bond - £5,000,000 Capitalization (Uncanceled)

Inv# FB6628   Bond
Country: China
Years: 1908
Color: Green

1908 dated Uncanceled £5,000,000 Capitalization £20 Denomination 5% Bond printed by Waterlow & Sons Limited, London Wall, London, E.C. The Qing dynasty (1644–1912) was the last imperial dynasty in China. Founded by the Manchus, it was the second conquest dynasty to rule the entirety of China proper, and roughly doubled the territory controlled by the Ming. The Manchus were formerly known as Jurchens, residing in the northeastern part of the Ming territory outside the Great Wall. They emerged as the major threat to the late Ming dynasty after Nurhaci united all Jurchen tribes and his son, Hong Taiji, declared the founding of the Qing dynasty in 1636. The Qing dynasty set up the Eight Banners system that provided the basic framework for the Qing military conquest. Li Zicheng's peasant rebellion captured Beijing in 1644 and the Chongzhen Emperor, the last Ming emperor, committed suicide. The Manchus allied with the Ming general Wu Sangui to seize Beijing, which was made the capital of the Qing dynasty, and then proceeded to subdue the Ming remnants in the south. The decades of Manchu conquest caused enormous loss of lives and the economic scale of China shrank drastically. In total, the Qing conquest of the Ming (1618–1683) cost as many as 25 million lives. The early Manchu emperors combined traditions of Central Asian rule with Confucian norms of traditional Chinese government and were considered a Chinese dynasty. Read more at https://en.wikipedia.org/wiki/History_of_China

Read More

Read Less

Condition: Extremely Fine

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $365.00