Spain. 67 sterline 1911

This eighth and extraordinary document completes the historical arc of your collection and is a "Primera de Cambio" (Bill of Exchange) issued directly in Jerez de la Frontera (Spain) on June 7, 1911.
The title possesses a magnificent central xilographic heading with the ornamental symmetrical cartouche of the legendary wine house "Gutiérrez Hermanos".
This piece has immense documentary importance because it overturns the perspective of the previous lots: in this case it is the Spanish winery that issues (issues) an international bill of exchange toward the Far East.
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#Description and analysis of the document

* The Transaction and the Currency: The title (No. 13772) is drawn for the amount of £67 5s 4d (67 pounds, 5 shillings, 4 pence Sterling), written with beautiful commercial cursive handwriting in both figures and words. Under the amount in pounds there is a line of mechanical punching protecting against counterfeiting.
* The Incredible Commercial Axis (Andalusia - China): The firm Gutiérrez Hermanos orders payment of this sum "at ten days’ sight" in favor of "nosotros mismos" (ourselves), but addresses the bill to a debtor located in Asia: the "Russian Club" of Hankow, in China ("A Russian Club - Hankow, China"). Hankow (today part of the megalopolis of Wuhan) was one of the most important river ports open to Western trade on the Yangtze, home to a powerful Russian concession closely tied to luxury and importation.
* International Banking Support: At the bottom right on the front, the ink signature of the managers appears along with the purple linear stamp of the Hongkong & Shanghai Banking Corporation (HSBC), together with the hand-written note of the specific branch: "Corpn., Hankow".
* The Back (Le Girate): The second photograph shows the exact financial operation of the title [N6N73H.png]. The Gutiérrez brothers stamp on the back the inscription "Páguese a la orden del Hong Kong & Shanghai Banking Corporation" dated Jerez, July 3, 1911, completed by their official signature and crossed with a large black "X" upon receipt of money and settlement between Spain and China.
* The Engraver: On the left margin the stamp of the Spanish printing workshop is printed: "Imp. B. Arnaud - Bilbao".

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# Important Figures and historical context

1. Gutiérrez Hermanos: This document is the crown jewel of the incredible global distribution network of the Jerez winery. It proves that Andalusian Sherry traveled by ship for months to reach the elite circles of imperial China (Hankow in 1911, just a few months before the fall of the Qing dynasty and the Chinese revolution).
2. The Russian Club of Hankow: Founded by the wealthy community of Russian tea merchants who ran the enormous brick factories of tea in Hankow, it was the center of social life, politics and luxury consumption of the Russian elite on Chinese soil. This document certifies the purchase and import of wine from Jerez directly from Spain for the club’s banquets.

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# Commercial value estimate
Documents linking the history of Jerez wine (Sherry) to the colonial Far East (China/Hankow) through HSBC before World War I are considered pieces of utmost significance for international scripophily, highly sought after by both European and Asian collectors.
The condition is excellent, the paper is sturdy, and the stamps are intact.

* Estimated value of the document: firmly positioned between €140 and €250.
* Elements of highest value: The direct commercial link with the Russian Club of Hankow, the Chinese HSBC stamp and the front-side signature of the Gutiérrez Hermanos winery place this piece at the pinnacle of rarity for this type of commercial archives.

AI description assistance
Excellent historical value of Scripophily
They are stored in A4 PVC envelopes.
Good preservation. See the image for a proper impression.
Shipped with Registered Mail and tracking included and Protected Packaging.