Watch List notes:

BANKNOTES, 紙鈔, CHINA - PEOPLE'S REPUBLIC, 中國 - 中華人民共和國, People's Bank of China 中國人民銀行: Specimen 20-Yuan, 1948, green, factory, bridge and steam passenger train at left 立交橋, and Specimen 200-Yuan, 1949, brown, steel plant at left 煉鋼, both with serial no. 00000000 and red "票樣" overprint (P 821, 840). Uncirculated and about uncirculated.
(2pcs)

Estimate: US$150-200