China - Taiwan. 1949. 5 Cents, P-1947, S/M#T73-2, The first of 2 issued sequential banknotes offered in this auction, Light brown with bank building in middle, S/N AF 878680, back light brown with map of Taiwan in middle. PMG Graded Gem Uncirculated 66 EPQ, CPF. This is one of the highest graded examples offered at auction with none higher. CPF.
Estimate: $130-260