(t) CHINA--PEOPLE'S REPUBLIC. The People's Bank of China. 10,000 Yuan, 1949. P-853a. PMG Uncirculated 62.
(S/M#C282). Block 312. Without watermark. 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. PMG comments "Stained."
Estimate: $800 - $1200