Watch List notes:

People's Bank of China, 1st series renminbi, 1951, 10,000 yuan, Running Horse, serial number I II III 0114373,(Pick 858Aa), PMG 40 Extremely Fine (Tear). One of the key notes in this series in fabulous condition with deep rich colours. A rare type in itself and even more so in choice original condition! Of the 27 notes graded by PMG only 5 notes are graded higher..

Estimate: $1,200,000.00 - $2,400,000.00