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Stack's Bowers & Ponterio
September 2021 Hong Kong Auction  27 Sep - 1 Oct 2021
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Lot 10500

Starting price: 240 USD
Price realized: 700 USD
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CHINA--COMMUNIST BANKS. Dian-Kian-Gui Bianky. 5 Yuan, ND (1940). P-S3720. Very Fine.
Mao Tse Tung at right with anvil-shaped guilloche at left of center. What appears to be the outline of a hammer is seen swinging down from the left corner about to strike the anvil . The reverse of the note depicts farmers and a horse. The watermark is very interesting and displays a star within a circle, and "VN" at center.

From the Hobart Collection.

Estimate: $400 - $700
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