Watch List notes:

People's Bank of China, 1st series renminbi, 1951, 5000 yuan, Sheep Herd, serial number II III I 8154624,(Pick 857Ca), PMG 40 Extremely Fine. One of the key notes in the series. A magnificent note in original condition with fabulous colours. Extremely rare in this condition.

Estimate: $200,000.00 - $400,000.00