500

SHANGHAI: 1 cent token, ND (1939), PCGS AU55

Currency:USD Category:Coins & Paper Money / Chinese Coins - Foreign Colonies Start Price:55.00 USD Estimated At:75.00 - 100.00 USD
SHANGHAI: 1 cent token, ND (1939), PCGS AU55
SOLD
110.00USD+ (22.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Apr 10 @ 14:14UTC-7 : PDT/MST
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SHANGHAI: 1 cent token, ND (1939), Lec-3, 3rd series, made in aluminum, bus right on hollow wheels, THE CHINA GENERAL / OMNIBUS CO. / LTD. below // J. D. S. (for General Manager J. D. Shatler), PCGS graded AU55. The China General Omnibus Co., Ltd. was a British-owned bus company established in 1923 by H. E. Arnhold, a prominent British businessman and one-time chairman of the Shanghai Municipal Council. The company was registered in Hong Kong but operated exclusively in Shanghai, where it opened to the public in October of 1924. It initially comprised six vehicles and serviced a single 6km route between the Bund and Jing'an Temple within the International Settlement. The company was later acquired by the Sassoon family and expanded to about 20 routes with a total distance of more than 100km. It continued to operate until 1941 due to the looming threat of war and eventually underwent liquidation in 1947.This series was also used for general circulation due to a shortage of small change after the Japanese occupation.