Heritage World Coin Auctions
Hong Kong Signature Currency Sale 4037 6 Jul 2022
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World Currency
China People's Bank of China 20 Yuan 1948; 1949 Pick 804a; 819a Two Examples PMG Choice Very Fine 35 (2). Both of these small denominations were forced into service and within a short while became virtually worthless due to rapid and crushing inflation. In fact, the inflation was so crippling that many workers were paid in commodities, such as rice, as currency proved little use in many instances. Thankfully, these two mid-grade notes were saved to be enjoyed today. https://currency.ha.com/itm/world-currency/china-people-s-bank-of-china-20-yuan-1948-1949-pick-804a-819a-two-examples-pmg-choice-very-fine-35-2-/a/4037-23135.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4037-07062022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 1200-1800 USD
China People's Bank of China 20 Yuan 1948; 1949 Pick 804a; 819a Two Examples PMG Choice Very Fine 35 (2). Both of these small denominations were forced into service and within a short while became virtually worthless due to rapid and crushing inflation. In fact, the inflation was so crippling that many workers were paid in commodities, such as rice, as currency proved little use in many instances. Thankfully, these two mid-grade notes were saved to be enjoyed today. https://currency.ha.com/itm/world-currency/china-people-s-bank-of-china-20-yuan-1948-1949-pick-804a-819a-two-examples-pmg-choice-very-fine-35-2-/a/4037-23135.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4037-07062022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 1200-1800 USD