China, People's Republic 1949 P-829b PMG Gem UNC 65 EPQ 50 Yuan
Consecutive to the piece offered in sale 37, Gem Uncirculated notes from the first series of banknotes of the People's Republic of China are some of the most popular banknotes for advanced collectors. Due to the relative low print quality and heavy circulation of these notes original Gems are few and far between, and they are very much in demand. This particular example is as fresh and bright as the day it was printed, with fully original paper and exceptional eye-appeal. While a limited number of pieces grade finer, notes at this grade level or better are very seldom offered for sale, and this is certainly one of the nicest pieces of this type we have handled. An important opportunity for the Chinese specialist.