China, People's Republic 1948 P-800a PMG Gem UNC 65 EPQ 1 Yuan
The People's Republic issued a very large series of banknotes after World War II. This is the smallest denomination of the gigantic series. PMG has graded many, but very few are in Gem Uncirculated grade or higher. Becoming scarce in this grade and an important, underappreciated note in the popular series.