Watch List notes:

Central Reserve Bank of China, 1943 Banknote Specimen. Central Reserve Bank of China, 1943 Banknote Specimen.China, 500 Yuan, P-J24As, S/M#C297, Specimen banknote, SYS at center, red Yang Pen on face and English "Specimen" overprint on back and S/N AG 000000 C/D, PMG graded Choice Uncirculated 64 EPQ but appears in Gem Unc. condition with even jumbo margins, bright colors and sharp corners. Rare as specimen. Tied as the finest known out of 7 graded in the PMG census.

Estimate: 3100-6200 HKD