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Stack's Bowers & Ponterio
April 2015 Hong Kong Auction - Sess. D  1 April 2015
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Lot 13100

Starting price: 3600 USD
Price realized: 7500 USD
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CHINA--PEOPLE'S REPUBLIC. Peoples Bank of China. 50,000 Yuan, 1950. P-856.
(S/M#C282-) Watermarked paper. A design type we have handled just one other time outside of specimen notes. Certainly a piece that will be one of the highlights in this offering of notes from the People's Republic of China. Shown in a larger format than most from the 1948-51 issues, with detailed blue frame with counter at left and building at right. Light green under-prints with red serial numbers and signature seals. Back in green with large "50,000" counters flanking a tractor central vignette. PMG mentions Staining, Small tear which both are very minor quibbles when comprehending the rarity of the item. PMG Choice Very Fine 35 Net. Staining, Small Tear.

Estimate: $6000.00- $8000.00
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