Stack's Bowers & Ponterio
September 2021 Hong Kong Auction 27 Sep - 1 Oct 2021
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(t) CHINA--PEOPLE'S REPUBLIC. People's Bank of China. 50 Yuan, 1949. P-827a. PMG Choice Extremely Fine 45.
(S/M#C282-41). Block 123. A rare color variety for this 50 Yuan type and seldom offered in any state of preservation. Industry is found on the face of the note, represented by a locomotive at left and a bridge with power lines at right, and the reverse of the note displays a truck in the countryside along with power lines parallel to the road. The front of the note displays a honey-gold colored guilloche at center with the primary design in a dark red ink. The reverse of the note is printed in a dazzling mixture of dark blue and light aqua colors. One of the more elusive PRC varieties out there, with this note being one of the finest we can recall handling in our lengthy auction history. PMG comments "Minor Restoration."
Estimate: $9000 - $12000
(S/M#C282-41). Block 123. A rare color variety for this 50 Yuan type and seldom offered in any state of preservation. Industry is found on the face of the note, represented by a locomotive at left and a bridge with power lines at right, and the reverse of the note displays a truck in the countryside along with power lines parallel to the road. The front of the note displays a honey-gold colored guilloche at center with the primary design in a dark red ink. The reverse of the note is printed in a dazzling mixture of dark blue and light aqua colors. One of the more elusive PRC varieties out there, with this note being one of the finest we can recall handling in our lengthy auction history. PMG comments "Minor Restoration."
Estimate: $9000 - $12000