China. 1949. 500,000 Yuan, P-424f S/M#C302-72f, Issued banknote, Brown-purple on multicolor underprint, S/N NX599547, PMG graded Choice About Uncirculated 58. Printer: CPFT. Only 6 examples graded in the PMG census. This is the highest graded example to be offered at auction in at least 10 years or more.
Estimate: $325-650