Watch List notes:

Cai Zheng Bu Ping Shi Guan Yin Hao, 1923 Local Issue Banknote. Beijing, China, 5 chiao = 50cents., P-UNL ; S/M-T183-62, City officials money Treasury flat number, Republican years Beijing. Green with offset black overprint and POC's, Temple on face, back brown . Uncirculated condition. 財政部平市官錢號. 北京. 民國十二年. 五角.

Estimate: 4000 - 8000