Heritage World Coin Auctions
Hong Kong Signature Currency Sale 3550 7-9 December 2016
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World Currency
China People's Republic 50000 Yuan 1950 Pick 855. The lesser printed version of the 50000 Yuan note, the other design which features the Xinhua Gate. This note was worth 5 RMB after the release of the second series just a few short years later, and because of the reform and late introduction, very few still exist today. This example faces up much better than its third party grade. PMG Very Fine 30 Net, restoration.
Estimate: 7000-9000 USD
China People's Republic 50000 Yuan 1950 Pick 855. The lesser printed version of the 50000 Yuan note, the other design which features the Xinhua Gate. This note was worth 5 RMB after the release of the second series just a few short years later, and because of the reform and late introduction, very few still exist today. This example faces up much better than its third party grade. PMG Very Fine 30 Net, restoration.
Estimate: 7000-9000 USD