Watch List notes:

People's Bank of China, 2nd series renminbi, 1953, a group of 4 notes, consists of 5 fen, 1 jiao, 2 jiao and 5 jiao, 1 jiao and 2 jiao with star watermark, serial numbers VI X VIII 4767468, IX X VIII 4438272, IX VII V4354097 and I VI VIII 7330709,(Pick 862a, 863, 864 and 865b), graded PMG 66EPQ, 65EPQ, 67EPQ and 66EPQ respectively (4).

Estimate: 900 - 1500