World Currency
China Farmers Bank 1 Chiao = 10 Cents; 2 Chiao = 20 Cents ND (1934) Pick 451s; 452s Specimens. These Specimens are not listed in the Krause reference. Each denomination is securely mounted with both sides showing in two approximate 4 by 6.5 inch black folders. In turn, the fronts and backs of the holders were once mounted with the help of several stamp hinges.
Estimate: 500-750 USD