Watch List notes:

People's Bank of China, 1st series renminbi, 1949, 5 yuan, Buffalo, serial number I II III 5430636,(Pick 814a), PMG 55 About Uncirculated. A marvellous original example with fresh colours. One of the rarer types, this note is notorious for its poor quality paper and scarcity in the higher grades.

Estimate: 75000 - 150000