Watch List notes:

BANKNOTES. CHINA - PEOPLE’S REPUBLIC. People’s Bank of China: 500-Yuan, 1949, serial no. 9135470, reddish-brown, peasant walking at left, small bridge at right (P 842), light foxing, good extremely fine; 1000-Yuan, 1949, serial no. 09975105, dark green and brown, harvesting scene with donkey cart at right 秋收 (P 849), about uncirculated.
(2pcs)

Estimate: US$300-350