CHINA--MILITARY. Bank of the Northwest. 20 Coppers, 1925. P-S3865. Fine.
A locally printed China Bank of the Northwest 20 Coppers. Made for the warlord-controlled areas of the Northwest "KALGAN". This example is high circulated with some splits and one tear at top margin. The overprint for the Tsihar Hsing Yeh Bank are seen on this scarce example.
Estimate: $50.00- $100.00