World Banknote Auctions
Sale 43 18,21 May 2023
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China, People's Republic 1949 P-828 PCGS UNC 62 50 Yuan
An underrated variety from the first series of banknotes from the People's Republic of China. We have not previously offered this variety, which features an industrial scene on the right. Like most other notes from this series uncirculated examples of this denomination are very scarce, as this series circulated extensively in the early 1950s, and production standards of this type were fairly basic, with lower quality paper that typically did not stand the test of time very well. This is a nice exception, which retains good eye-appeal and is fully uncirculated. An important opportunity for the Chinese specialist not to be missed.
PCGS Population in 62: 1 (10 Finer)
An underrated variety from the first series of banknotes from the People's Republic of China. We have not previously offered this variety, which features an industrial scene on the right. Like most other notes from this series uncirculated examples of this denomination are very scarce, as this series circulated extensively in the early 1950s, and production standards of this type were fairly basic, with lower quality paper that typically did not stand the test of time very well. This is a nice exception, which retains good eye-appeal and is fully uncirculated. An important opportunity for the Chinese specialist not to be missed.
PCGS Population in 62: 1 (10 Finer)