Watch List notes:

People's Bank of China, 1st series renminbi, 1949, ERROR NOTE, 20 Yuan, 'Blue Liu He Pagoda', serial number VII V VI 861004, obstructed printing error on the lower left of the reverse,(Pick 820a), PMG 12 Fine (Obstructed Printing Error). Rare and unsual to find such a large area of misprint!.

Estimate: 8000 - 15000