China
Honan. Republic 200 Cash ND (1928) XF40 Brown PCGS, KM-Y396, CCC-554, Duan-2682. Variety with large square panel in right flag. Crudely struck, as are all of this type, with a few light marks; nonetheless scarce, and attractively colored.
HID02901242017
Estimate: 200-300 USD