The fourth dream of the Far East- China Famous Numismatic collectors's series -Session one:Banknotes
October 28, 2016, 10:00 AM EST
Dubai, Dubai, United Arab EmiratesLive Auction
Lot 42: CHINA--PEOPLE'S REPUBLIC. Peoples Bank of China . 50,000 Yuan Banknote , 1950. P-856. (S/M#C282-) PMG 35(62 views)
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Estimate: $6,000 - $8,000
Description: Rare 1950 50,000 Yuan. Watermarked paper. A design type we have handled just one other time outside of specimen notes. Certainly a piece that will be one of the highlights in this offering of notes from the People's Republic of China. Shown in a larger format than most from the 1948-51 issues, with detailed blue frame with counter at left and building at right. Light green under-prints with red serial numbers and signature seals. Back in green with large "50,000" counters flanking a tractor central vignette.
Condition Report: PMG Choice Very Fine 35
Provenance: From the Huang shu hua collection
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