China Guangxau Shangdian 2 Fen = 2 Cents 1938 Pick S3775 S/M#Y3-1 PMG Gem Uncirculated 65 EPQ. Dark blue inks over a red-orange underprint enhance this scarce issue printed for this short-lived bank. Guilloche designed borders encompass this small denomination note. The City of Yan'an was the stronghold of the Chinese Communist party after the Long March ended in 1935.

HID09801242017

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