Watch List notes:

People's Bank of China, 1st series renminbi, 1948-1949, 20 yuan, a pair of uniface obverse and reverse specimen, 'Agricultural Occupations', control number 13600, (Pick 823as1 and 823as2), graded PMG 30 (Stains) and 55 (Minor Stains) respectively (2)..

Estimate: 6000 - 12000