Stack's Bowers & Ponterio
May 2022 Hong Kong Auction 3-9 May 2022
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(t) CHINA--PEOPLE'S REPUBLIC. People's Bank of China. 10,000 Yuan, 1949. P-853a. PMG Choice Uncirculated 64 EPQ.
(S/M#C282-67) Block 213. Without watermark. Horses and farmer plowing field on front. Cows on the reverse. There is academic dispute regarding how to label these Taiwan printed issues. Some collectors view it as an alternate but accepted variety that garners its own intrinsic value, while others refer to it as a contemporary counterfeit. It's worth noting, PMG does not consider it a counterfeit and has certified these types while mentioning it is without the watermark on their holder.
Estimate: $500 - $1000
(S/M#C282-67) Block 213. Without watermark. Horses and farmer plowing field on front. Cows on the reverse. There is academic dispute regarding how to label these Taiwan printed issues. Some collectors view it as an alternate but accepted variety that garners its own intrinsic value, while others refer to it as a contemporary counterfeit. It's worth noting, PMG does not consider it a counterfeit and has certified these types while mentioning it is without the watermark on their holder.
Estimate: $500 - $1000