CHINA--REPUBLIC. Bank of China. 1 Dollar, 1.6.1912. P-25l.
(S/M#C294-30l) Manchuria branch. Emperor Huang-ti at left. Always a design that receives spirited bidding from collectors. Seen with overprint "N.B. Payable in subsidiary (silver) coins at par i.e. ten 10-cent coins to the dollar," at lower margin of back. Some rust and staining. Just the third we have handled, with the last being another PMG Very Fine 20 note which brought an impressive $3,055 as lot 22043 in our November 2013 Baltimore sale. PMG Very Fine 20 Net. Rust, Stains.