Watch List notes:

Kwangsi-Kweichow-Yunnan Border District, Liutungkyan 1949 Circulating Notes Issue. China, 5 Yuan, P-S3720, S/M#T125.5-12, Issued banknote, Red, Mao Tse-tung at right, back with grain harvesting, XF, Watermarked paper similar to paper used on some North Vietnamese issues. Rare note.

Estimate: 3000 - 6000