Watch List notes:

People's Bank of China, 1st series renminbi, 1949, 5000 yuan, a pair of uniface obverse and reverse specimen, 'Three Tractors and Factory', serial numbers I II III 00000000 00040302 and 00040302, (Pick 852s1 and 852s2), graded PMG 53 and 50 (Paper Damage) respectively (2).

Estimate: $2,000.00 - $4,000.00