Stack's Bowers & Ponterio
March 2019 Hong Kong Auction 25-27 Mar 2019
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CHINA--PEOPLE'S REPUBLIC. People's Bank of China. 50,000 Yuan, 1950. P-856. PMG About Uncirculated 53.
(S/M #C282) Block 324. A beautiful issued example of this ultra high 50,000 Yuan denomination. Bright blue inks with just a touch of circulation. This rarity shows with Ryoka watermarked paper. A design type we seldom handle in issued form with just four other pieces having been offered by us. Certainly a note that will be one of the highlights in this offering of notes from the People's Republic of China. Shown in a larger format than most from the 1948-51 issues, with detailed blue frame showing a counter at left and building at right. Light green under-prints with red serial numbers and signature seals. Back in green with large "50,000" counters flanking a tractor central vignette. This particular piece offers wonderful centering and registration with just a minor restoration mentioned in the comment section.
Estimate: $7000.00- $10000.00
(S/M #C282) Block 324. A beautiful issued example of this ultra high 50,000 Yuan denomination. Bright blue inks with just a touch of circulation. This rarity shows with Ryoka watermarked paper. A design type we seldom handle in issued form with just four other pieces having been offered by us. Certainly a note that will be one of the highlights in this offering of notes from the People's Republic of China. Shown in a larger format than most from the 1948-51 issues, with detailed blue frame showing a counter at left and building at right. Light green under-prints with red serial numbers and signature seals. Back in green with large "50,000" counters flanking a tractor central vignette. This particular piece offers wonderful centering and registration with just a minor restoration mentioned in the comment section.
Estimate: $7000.00- $10000.00