Watch List notes:

Peoples Bank of China, 1949 Issue Banknote. Peoples Bank of China, 1949 Issue Banknote.China, 1949, 20 Yuan, P-824a, (S/M#C282-33), Block 132, S/N 1842464, Issued banknote, Bluish purple on light green underprint, workers pushing ore car at center, Without Watermark, Exceptional appearing note that is PMG graded About Uncirculated 55 NET due to an extremely small tear in the border area that is difficult to view as well as an extremely light corner bend that keeps this lovely note from Uncirculated, large even margin, sharp corners and bright colors only enhance this note.

Estimate: 3900-7800 HKD