China People's Bank of China 1 Yuan 1949 Pick 812a S/M#C282-20 PMG Choice Uncirculated 64. A charming factory and smokestack vignette is portrayed on the front of this initial denomination for the 1949 series. The smallest denominations of this series were quickly replaced by a multitude of higher and higher denominations to combat rising inflation in China.

HID09801242017

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