China & South Sea Bank, Ltd., 1924 "Tientsin" Branch Issue Banknote
China. 1924. 10 Yuan - Tientsin, P-A125b S/M#C295-11b, Issued banknote, Black on multicolor underprint, S/N CM642613, PMG graded Very Good 8 with comment "Rust." Printer: ABNC. This is the only graded example listed in the PMG census. The last example being offered at auction was 5 years ago. First time we are offering this rare variety.
Estimate: $250-500