Watch List notes:

People's Bank of China, 1st series renminbi, 1950, 50,000 Yuan uniface obverse and reverse specimen, 'Xin Hua Gate', control number 03622,(Pick 856s1, 856s2), the front note graded PMG 63 (Minor Toning), the reverse note graded 61NET (Rust, Minor Toning) (1 pair).

Estimate: HK$10,000 - HK$20,000