Watch List notes:

China, Xinjiang Province (Sinkiang), Republic, 'Year 38' Yuan, 1949, Denomination in Hànzì characters within wreath, rev. Denomination and date in Arabic, edge milled, 25.42g, 12h (KM Y46.2; L&M 842; WS 1326; Kann 1275), clamp marks in field by 1, otherwise bright but residually lustrous, about very fine.

Estimate: $80 - $120