Watch List notes:

People's Bank of China, 1st series renminbi, 1949, 10,000 yuan, Two Horses Ploughing, triangular watermark, serial number III II I 30797454,(Pick 853c), PMG 66EPQ Gem Uncirculated. A superb high grade note! The second highest note in the PMG population report!.

Estimate: $180,000.00 - $350,000.00