REPUBLIC OF CHINA - Liberty Bonds of 1937

The Republic of China was founded in 1912 and it governed mainland China until 1949, when it lost the mainland during the Chinese Civil War and withdrew to Taiwan. In 1937 in the 26th Year of the founding of the Republic, “Liberty Bonds” were issued in denominations of $5, $10, $50, $100, $1,000, and the $10,000.

Not one example of the $10,000 denomination has been reported on the market in about 5 years.

The set of 5 denominations of the $5 ,$10, $50, $100, and the rare $1,000 is sometimes referred to as an “Excalero”, suite, or set. The demand for this set is exceptional and the single $1,000 is the backbone of the set. We sell sets and singles of these popular bonds.