China Republican China Military, Shanghai 50 Cents 1912 Pick S3817 S/M#C264-1 PMG About Uncirculated 55 EPQ. A handsome and very rare offering, and currently the single finest graded example in the PMG Population Report. A beautiful and scarce type and very desirable in such an elite grade, with just one center fold noted. All black and red overprints remain fresh and bright. The finest we have offered, and also of note, this example has a small serial number.

HID09801242017

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